Course code: 0179 + Course abbreviation: BCom + The following describes the course structure introduced in 2000 + For details of the old structure, refer to the 2000 university handbook
The Bachelor of Commerce degree provides coherent sequences of units in the areas of accounting, finance, economics, business law and taxation, econometrics and business statistics, management and marketing. An introduction to all of these areas is compulsory in the first year of the degree. For details of the units available in each area, see the relevant departmental listings. There are also opportunities for combinations with units offered outside the faculty, including languages, psychology, mathematics, computing, and any of the sciences, social sciences or humanities.
To ensure cohesion, depth and breadth in their program of studies, students in the Bachelor of Commerce must include in their course a major specialisation and supporting studies. A major requires students to complete 48 points of study in a single discipline or field of study with at least 12 points at each of second and third-year level (disciplines are defined by department prefixes and fields of study are those sets of related units that may be defined in the handbook). All units taken as part of the major specialisation and the units taken as supporting studies are limited to units taught by departments of the faculty on the Clayton campus (ie the third character of the unit code is C).
This degree is recognised by both CPA Australia and The Institute of Chartered Accountants in Australia as meeting academic requirements for membership. This is also true for senior associate membership of the Australasian Institute of Banking and Finance. Graduates of this course are recognised for membership of the Australian Institute of Management (AIM) and the Australian Human Resource Institute (AHRI). For all professional bodies, membership is dependent upon the correct choice of units by students.
All first, second and third-year units offered by the Faculty of Business and Economics have a value of six points. Full-time students are expected to progress at the rate of eight units or 48 points per year. First-year students normally may not take a second-year unit until at least four first-year units have been completed successfully. It should be noted that units in the later years of the course have prerequisites and corequisites. In addition, students are expected to take units in a yearly sequence even if there are no prerequisite units specified. Specialisations are available in accounting, business law and taxation, econometrics and business statistics, economics, finance, management, and marketing.
Students are required to complete the following compulsory units:
While students have a choice of compulsory finance units, it is strongly advised that those attempting AFC2140 without having completed AFC1000/AFC2100, or its equivalent, may be seriously disadvantaged. Students wishing to take first-year units other than those on the above list are able to undertake the second-year versions of the appropriate number of compulsory units. This allows students to complete substantial work in related fields such as languages, computing, psychology, or mathematics.
The following are requirements of the course:
Students must have their program of study approved by the course coordinator or the course coordinator's nominee prior to commencement of the relevant year.
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