Bachelor of Commerce Guide - 2016 Edition PDF

University
of Queensland
Bachelor of Commerce
Guide
FMAA (UQ) Bachelor of Commerce Guide | 2016 Edition 1

Table of Contents
About the FMAA .................................................................................................................................... 4
2016 Executive ...................................................................................................................................... 5
2016 Sponsors ....................................................................................................................................... 7
Acknowledgements ............................................................................................................................. 8
Welcome to the Bachelor of Commerce ........................................................................................ 9
2016 Program Restructure ............................................................................................................. 12
Compulsory Courses ......................................................................................................................... 13
ACCT1101: Accounting for Decision Making ....................................................................................... 14
ACCT2101: Financial Reporting ............................................................................................................... 15
ACCT2102: Principles of Management Accounting ........................................................................... 16
ECON1010: Introductory Microeconomics ........................................................................................... 17
ECON1020: Introductory Macroeconomics .......................................................................................... 18
ECON1310: Quantitative Economic & Business Analysis A ............................................................. 19
FINM2401: Financial Management ......................................................................................................... 20
LAWS1100: Business Law .......................................................................................................................... 21
MGTS1201: Transforming Business with Information .................................................................... 22
MGTS1301: Introduction to Management ............................................................................................ 23
MKTG1501: Foundations of Marketing ................................................................................................. 24
RBUS3904: Integrated Commerce in Practice ..................................................................................... 25
Accounting Major ............................................................................................................................... 26
ACCT3101: Auditing & Public Practice .................................................................................................. 27
ACCT3102: External Reporting Issues ................................................................................................... 28
ACCT3103: Accounting for Corporate Structures .............................................................................. 29
ACCT3104: Management Accounting ..................................................................................................... 30
ACCT3105: Advanced Management Accounting ................................................................................. 31
LAWS3100: Corporate Law ........................................................................................................................ 32
LAWS3101: Income Tax Law ..................................................................................................................... 33
BIS Major ............................................................................................................................................... 34
INFS3222: Information Analysis & System Design ............................................................................ 35
MGTS2202: Data Analytics & Information Management ................................................................. 36
MGTS3203: Managing Business Data ..................................................................................................... 37
MGTS3208: Information Systems Strategy ........................................................................................... 38
ACCT3201: Accounting Information Systems ...................................................................................... 39
INFS2233: eBusiness Systems & Strategy ............................................................................................. 40
MGTS2203: Business Process Management ......................................................................................... 41
MGTS3205: Business Information Security ......................................................................................... 42
MGTS3206: Advanced Data Analytics .................................................................................................... 43
MGTS3207: Managing Work in Virtual Environments ..................................................................... 44

Finance Major ...................................................................................................................................... 45

ECON2300: Introductory Econometrics ................................................................................................ 46
ECON3210: Financial Markets & Institutions ...................................................................................... 47
FINM3401: Corporate Finance .................................................................................................................. 48
FINM3402: Investments & Portfolio Management ............................................................................ 49
FINM3403: International Financial Management .............................................................................. 50
FINM3404: Banking & Lending Decisions ............................................................................................. 51
FINM3405: Derivatives & Risk Management ....................................................................................... 52
Elective Courses .................................................................................................................................. 53
ECON1320: Quantitative Economic & Business Analysis B ............................................................. 54
ECON3350: Applied Econometrics for Macroeconomics & Finance ............................................ 55
ECON3360: Applied Econometrics for Microeconomics .................................................................. 56


About the FMAA

The Financial Management Association of Australia (FMAA) was founded in 1990 with its first
branch at the University of Melbourne. Four years later, in 1994, a second branch at the University
of Sydney was established. The dynamic student body continued to enjoy strong support from its
members for its highly professional reputation and in 1995, a third branch was established at the
University of Queensland, followed by branches at the University of New South Wales (2009) and
Monash University (2012).
Today, with the continuing support of Gold and Founding Sponsor, the Macquarie Group, FMAA
members continue to enjoy the genuine value that the society has strived to offer and maintain. The
continued growth of FMAA has allowed it to hold the position as Australias largest professionally
focused student organisation.
At the University of Queensland (UQ), the FMAA is a student society that is affiliated with the UQ
Union and hosts a number of events, with the support from a vast number of sponsors, including:
Down-to-Business Luncheon
Corporate Cocktails
Careers in Accounting Evening
Professional Services Evening

Women in Leadership Forum
Firm Specific On Campus Events
These events are held throughout the year to benefit students of all levels of their tertiary education
studying Commerce, Economics, Law, Information Technology, Science, Business Management and
Engineering.
The FMAA also facilitates competitions such as:
The UBS investment Banking Challenge
FMAA Management Consulting Case Competition
DCM Blue Lake Share Trading
These serve as a valuable opportunity for students to present to industry professionals and to work
in teams with likeminded students. These competitions also provide constructive feedback and
exposure for students to prepare them for life after graduation.
For more information about the FMAA and our events and competitions, please refer to our website
or Facebook page.

www.facebook.com/fmaabrisbane

2016 Executive

President
Dominic Leahy
dominic.leahy@fmaa.com.au
Vice-President (Sponsorship)
Ben Walk
ben.walk@fmaa.com.au
Vice-President (Operations)
Alexandra Hirst
alexandra.hirst@fmaa.com.au
Treasurer
Douglas Brown
douglas.brown@fmaa.com.au
Secretary
Rebecca Clouston
rebecca.clouston@fmaa.com.au
Events Director
Genevieve Norman
genevieve.norman@fmaa.com.au
Marketing Director
Rita Dalton
rita.dalton@fmaa.com.au
Publications/IT Director
Caitlin Chan
caitlin.chan@fmaa.com.au
Diversity Director
Zeenat Omar
zeenat.omar@fmaa.com.au
Sponsorship Directors
Joseph Clay
joseph.clay@fmaa.com.au
Liam Duggan
liam.duggan@fmaa.com.au
Brandon Mein
brandon.mein@fmaa.com.au
Daniel Murray
daniel.murray@fmaa.com.au
Sub-Executive Committee
Amanda Ayoub
amanda.ayoub@fmaa.com.au
Jack Hardy
jack.hardy@fmaa.com.au
Angus Kizil
angus.kizil@fmaa.com.au
Ravi Lakhani
ravi.lakhani@fmaa.com.au
Jennifer Lo
jennifer.lo@fmaa.com.au
Pranav Nagarkar
pranav.nagarkar@fmaa.com.au
Samuel Reiser
samuel.reiser@fmaa.com.au
Mandy Wang
mandy.wang@fmaa.com.au
Anthony Whyte
anthony.whyte@fmaa.com.au

2016 Sponsors
Financial Services

Professional Services
Management Consulting

Other Professional Services &

Organisations
Acknowledgements

The FMAA (UQ) would like to thank all those who have contributed to the guide with special
mention to the following:

Amanda Ayoub
Douglas Brown
Rita Dalton
Callum Dunstan
Jashwini
Elliott Johnson
Angus Kizil
Connor Levien
Laura McKennariey
Isaac Naumann
Shivani Singh
Anthony Whyte

Publications Team:
Caitlin Chan
Jack Hardy
Jennifer Lo
Jared Walker

The FMAA (UQ) would also like to thank Dr Karen Benson for taking the time to add her invaluable
input to the 2016 Edition of the Bachelor of Commerce Guide.


Welcome to the Bachelor of Commerce

Welcome to the Bachelor of Commerce. The UQ Business School (UQBS) is committed to graduating
high quality professionals. Our degree programs are designed to provide not only knowledge
content but to help students develop communication skills, analytical thinking, creativity in
problem solving, team skills and, knowledge and respect of ethical standards. For this reason your
subjects and assessment tasks will not only focus on your knowledge of the field but your ability to
demonstrate capabilities in a broader range of skills. We encourage you to enjoy the journey
throughout your degree and embrace the learning activities available to you.

How can we at UQ Business School help you succeed?
The School has a number of access points for you to seek help. Through the Business, Economics
and Law faculty you will have access to a student advisor. You will also become to know your
lecturers and tutors who all have consultation times outside of class time and students are
encouraged to seek help early with any subject material. This year the School has appointed a First
Year Co-ordinator Dr Karen Alpert (see contact details below). Please see Karen if you have any
general issues with respect to your degree. Karen has many years experience at UQ and teaching
our undergraduates so is a great source of information. Each discipline (we call them clusters) has a
cluster leader who is always happy to meet with students. Again contact details are below.

How to have input into the teaching program?
This year we will be developing some student focus groups where students can provide feedback
and have input into the program. Our Director of Education, Professor Polly Parker is leading this
initiative. Please look out for a call for expression of interests to be part of these focus groups. You
will also have the opportunity to provide feedback on individual subjects via online surveys. We
encourage everyone to complete the survey and look forward to your considered opinions.

What student strategies are most likely to lead to success?
1. Go to all your classes. It is easy to skip a class but much harder to catch up. Most lectures are
recorded but we encourage you to use these as a review technique, i.e. to help you
understand something you may have missed in the lecture. The recordings are of course
available if you are sick on the lecture day.

2. Read and review the lecture material within a day of the lecture. It will be a lot easier to
remember these concepts when you start your revision.

3. Prepare for your tutorials makes for a much more interesting class and again you will
learn a lot more.

4. Be organised, map out your contact hours, assessment dates and start assignments and
exam revision early. Treat your degree as a full time job and spend around 36 40 hours
per week on your studies. This is 9-10 hours per week per subject, including class time.


5. See your lecturer or tutor if you dont understand the material. Remember we dont expect
you to understand everything immediately. It can take extra reading and plenty of practice
of practical examples to grasp the material.

6. Check Blackboard and your UQ email on a regular basis, i.e. daily. All official notices are
communicated in this way and in class.

7. Engage with your fellow students, form study groups, have coffee and socialise. It helps to
talk things over.

8. Read the business section in the newspaper just a quick browse will help keep you
informed.

What will I do when I graduate?
You have a very high chance of getting a job. Use your first year of your degree to find your passion
then firm up your major/s in accounting, finance or business information systems. If you are not
sure of your career choices talk to staff and students.

How do I select a major?
Your first year is very general so you have some time. First year subjects include an introduction to
accounting and information systems. You will notice that the introductory finance subject,
FINM2401, is a second year subject. However, if you do ACCT1101 in first semester of your first
year you can do FINM2401 in your second semester of your first year. If you have some interest in a
finance career then you may chose this option to help you decide. A major comprises 6 subjects and
the details of these choices can be found by selecting the relevant link at:
https://www.uq.edu.au/study/program.html?acad_prog=2024. If your student advisor cannot
answer your questions about your major please see the relevant cluster leader.

I hope you all enjoy the challenges ahead and look forward to seeing you around campus. Feel free
to email me with any queries.

Karen Benson
Professor of Finance
Director of Accreditation
Email: k.benson@business.uq.edu.au


Key Contacts:

1st year co-ordinator:

Dr Karen Alpert

Room 39-348

Email: k.alpert@business.uq.edu.au

Accounting Cluster Leader:
Professor Don Anderson

Room: 39-415

Email: d.anderson@business.uq.edu.au

Finance Cluster Leader:

Associate Professor Barry Oliver

Room: 39-349

Email: b.oliver@business.uq.edu.au

Business Information Systems Cluster Leader:

Associate Professor Marta Indulska

Room 37-514

Email: m.indulska@business.uq.edu.au

Director of Education:

Professor Polly Parker

Room 39-326

Email: p.parker@business.uq.edu.au


2016 Program Restructure

Since 2015, some courses have undergone a restructuring process. In particular, the BIS major has
been undergoing a curriculum redevelopment. As a result, several courses are no longer offered
and other, new courses have been added to the major. Students are urged to check their program
requirements in regards to core subjects and prerequisites for continuing in their Commerce
studies.

In the interest of providing the Bachelor of Commerce Guide in time for subject sign-ons, FMAA
strongly advises students to check the relevant course profiles and carefully read the requirements
for the subjects they are undertaking. Please note some subject information is based on 2015
profiles and reviews. These subjects are indicated with a notice on the bottom of the left panel titled
Course Details.


Compulsory Courses

ACCT1101: Accounting for Decision Making

Course Details

Semesters Offered: 1 & 2

Prerequisites: None.

Incompatible:
ACCT7020 or 7101 or
7700 or 7804
MEBS7101

Assessment:
Online quizzes
Project
Final Exam

Overview
ACCT1101 takes an accounting user perspective rather than an
accounting preparer perspective and focuses on the use of accounting
information to support a wide range of business decisions.

For those with no prior accounting experience, the course will
introduce accounting concepts at a very manageable pace. Those with
previous accounting knowledge m ay find content repetitive and slow.

Advantages
As an introductory course it can be easily learnt with consistent
practice. Additionally, b eing confident with the material in this course
will create a strong foundation for ACCT2101. In particular being well
acquainted with the different types of financial statements.

This subject is a formal prerequisite for ACCT2101.

Disadvantages
A large bulk of the course is methodical so it can be repetitive at times.
Topics are glossed over and there is only basic material covered.

Tips and Tricks
A combination of tutorials and self-guided practice is the best approach
to nailing concepts efficiently.

In previous years all required information has b een included in lectures
and tutorials (NOTE: textbook has been updated since previous years).
Ensure that you take this course seriously as a substantial amount of
theory in future courses are b uilt around some of the basic content
taught.

Being a first year subject, ensure you get good team members for the
group assignment. Past exam papers are useful for the final exam with
content consistently similar to that of previous years.

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator:
A/ Prof J. Walker

Based on the 2015 Course Profile

ACCT2101: Financial Reporting

Course Details


Prerequisites: ACCT1101

Incompatible:
ACCT2111, 7020, 7101,
7700, 7804
MEBS7101

Assessment:
Online Quiz
Mid Semester Exam
Final exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr M. Russell

(Based on 2015 Profiles)
Overview
This course aims to familiarise students with the accounting treatment
for a range of common business transactions. It also teaches students
how to prepare financial statements for companies in accordance with
the Australian Accounting Standards. The course begins with the
fundamental introduction of the double entry accounting system which
is utilized throughout the course. It then covers topics such as the
income statement, current assets, noncurrent assets, liabilities, equity
and the cash flow statement. An understanding of the accounting
equation is vital for this course.

Advantages
A large bulk of the course is quite methodical and easy to m aster with
practise.

Disadvantages
Content is cumulative so if you do not understand one part it can be
difficult to move through the course.

Tips and Tricks
Practice is key. Make sure you complete all of the lecture activities,
preparation questions, and then go to the tutorial each week, to ensure
you get to complete as m any questions of each type as you can. This will
be beneficial for both the mid semester and final exams. Exam
questions are almost identical to the questions covered in tutorials and
the practise questions supplied in the final lectures. Reading the
textbook complements the lecture and tutorials but isnt needed as a
main source of information. Do the majority of study in the first 3
weeks- If you have a good understanding of Debits and Credits (which
are taught in the first 3 weeks) then the rest of the course is simple to
pick up.


ACCT2102: Principles of Management Accounting

Course Details
Overview


Prerequisites: ACCT2101 or
2111

Incompatible: ACCT7107

Assessment:
Assignment
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr M. Turner (Sem 1)
Dr R. King (Sem 2)

This course gives an introduction to cost accounting concepts and the

systems and techniques used to provide decision-making information
to managers. It is divided into three parts beginning with an
introduction to cost accounting. This section teaches the vocabulary
used and why managerial accounting is used in todays workplaces. The
Cost Volume Profit model is also introduced. The second section
teaches the various types of costing systems such as job, process, joint
and activity based costing. Finally the course goes into the planning and
control systems that are used by organisations. Here students learn
how to prepare and interpret budgets.

Advantages
The skills developed in this course are very useful and applicable in
workplaces and real life. The course is very enjoyable especially if you
have prior experience working in a small business. Robin King is noted
as an engaging lecturer who uses examples in class that students can
relate to.
This course is a prerequisite for ACCT3401.

Tips and Tricks
The content in this course builds on itself so it is important not to fall
behind. Buying the textbook for this course is important, particularly
for those wishing to undertake an accounting major as it also used for
ACCT3104. All of the tutorial questions are sourced from the textbook
which makes it a useful point of reference for exam preparation.


ECON1010: Introductory Microeconomics

Course Details



Incompatible:
EC101 or 1101 or 121

Assessment:
Videogame
Tutorial exercises
In Class Test 1
In Class Test 2
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator:
Dr M. Faravelli (Sem 1
and Summer)
Mr C. Sherwood (Sem 2)

Overview
This course provides students with a practical understanding of the
core economic principles that explain why individuals, companies and
governments make the decisions they do, and how their decision-
making might be improved to make best use of available resources.

Advantages
Being a compulsory, first-year level subject for m any degrees, the
course lays the basics for a wide range of concepts necessary for
advancement in the area of economics. This subject is recommended
for the first year of study as it provides a gentle introduction requiring
only basic arithmetic and an ability to learn, to understand, and
manipulate simple graphs.

Disadvantages
Students with a basic understanding of economics may find the pace of
the subject quite slow. W hile assessment does follow closely to past
exams and tutorial work m any students underestimate the final exam.

Tips and Tricks
Use past exams and tutorial work to study. PASS makes it easy to
understand all concepts without having to seek further help from the
tutor or lecturer.
(This subject was available in summer semester in 2015).


ECON1020: Introductory Macroeconomics

Course Details



Incompatible: EC100, 110 or
122

Assessment:
Mid Semester Exam

Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Prof. I King (Sem 1)
Dr B. Littleboy (Sem 2)

Overview
This course gives students a fundamental introduction to macroeconomics,
the behaviour of the economy as whole. It begins with the basic study of
GDP, which forms the basis of subsequent topics. These topics can be
grouped into long-run economic growth, short-term cycles in economic
growth, the role of central banks and the government in the economy, and
the models they use for decision-making.

Notable topics include unemployment, inflation, the aggregate supply and
demand model, monetary policy, fiscal policy and the international
financial system. Within these topics many concepts are explored such as
total output and income, interest rates, investment, consumption,
government expenditure and the balance of payments. Previous students
have found inflation and aggregate supply and demand topics most
interesting. They also found the long and short-term differences strange at
a glance, but made more sense after the content was taught.

Advantages
Students found the concepts in E CON1020 easy to grasp and generally
more interesting than ECON1010 because it incorporates real world
applications of the theory.

This subject is a prerequisite for BCom, BBMan, BEcon

Disadvantages
The final exam has a heavy weighting and can be challenging. The tutorials
and PASS classes are easy but can be misleading in terms of difficulty
towards the final exam.
Tips and Tricks
Lectures for this subject are important however weekly textbook readings
and tutorials are highly recommended in order to gain a full understanding
of each topic. The textbook contains examinable information not given on
the lecture slides and tutorials are a good place to pick up handy pointers
for the exams. PASS classes are also beneficial because they allow students
to discuss the content with fellow peers in a relaxed environment.

The mid semester exam is straightforward but make sure you read
questions twice to make sure there are no hidden tricks. The final exam is
difficult but fair. Make sure you have a thorough understanding of all the
topics and are able to analyse and explain each model well, not simply
reproduce it on the page.

ECON1310: Quantitative Economic & Business Analysis A

Course Details


Prerequisites:
Maths B or
Maths C or
MATH1040

Incompatible:
EC134, 135
CHEE3010
MINE3214
STAT1201, 2201
MS101 + (MS102 OR
112) or 103, 113, 204

Assessment:
Mid Semester Exam
CML Quiz
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1.5hrs)

Course Co-Ordinator
Mr C. Sherwood

Overview
This introductory level course covers a range of techniques that can b e
applied to the presentation, interpretation and use of data. This course
has a primary emphasis on inferential statistics with estimation and
hypothesis testing techniques as crucial elements of the course.

Advantages
The content is interesting and clearly explained in lectures the slides
contain all the information needed.
Questions posed can be m ethodical, making it easy to practice. Tutorial
questions tended to be similar to exam questions and are structured in
a logical order.
This subject is a prerequisite for ECON2300 an elective or option in
the Finance Major.

Tips and Tricks
Revision of probability from High School Math B can m ake the early
weeks of the course very easy.
Practice a range of questions to prepare for exams, including the CML
questions these are good practice for the final exam. Students could
also use the text book but it m ay not be needed.


FINM2401: Financial Management

Course Details


Prerequisites:
ACCT1101

Incompatible:
FINM7065 or 7401 or
7805
MEBS7106

Assessment:
Assignment
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Mr K. Hoang
Dr A. Chun

Overview
FINM2401 provides an introduction to corporate financial decision-
making and adding value to the firm. The subject gives a good insight
for what finance students should expect throughout the rest of their
major. The course teaches a lot of useful skills regarding the future and
present values of cash flows and annuities as well as looking at
portfolio construction strategies. The later end of the course is
challenging but very interesting for those who enjoy finance. Overall
FINM2401 is perhaps the most difficult compulsory course.

Advantages
Lectures provide a good skeleton of the topics. Furthermore, exam style
questions are provided in each lecture. N ote, however, that the tutorial
questions are a much better indicator of what to expect on
examinations.

It is recommended that FINM2401 be taken directly before FINM3401
as it provides an excellent knowledge base.
This subject is a prerequisite for all FINM courses.

Disadvantages
Examinations are challenging, but manageable if thorough preparation
is taken.

Tips and Tricks
The textbook is essential later in the course as the exam has essay type
questions that require a thorough understanding b eyond lecture slides.
Find the right tutor and watch out for the mid semester exam as it is
quite difficult for a multiple-choice exam.

Ensure you complete all of the quizzes, as they are good indicators of
multiple-choice questions on both the mid-semester and final exams.


LAWS1100: Business Law

Course Details
Overview
The course gives an overview of the law as it applies to business,
covering areas like the legal system, torts, contracts and the laws
associated with running, opening and closing a business. In addition to
these law concepts LAWS1100 also covers how a business can protect
itself if the need arises. The course is made up of q uite interesting and
straightforward content with well-organized lectures.
Advantages
The course content is typically distributed and covered quite well.
Being a first year course, the content covered is lengthy but easy.

Incompatible:
CO121 or 122 or 812
COMM1201 or 7201
QB119
LAWS7010

Assessment:
Tutorial Participation
Mid Semester Exam
Final Semester

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Mr Hinchy is known to be an engaging lecturer.

This subject is a prerequisite for LAWS3100 and LAWS3101.

Disadvantages
Many topics are covered but may not be assessed. This goes for weekly
readings as well.
Tutorials were engaging and most useful for the course. Lectures
contained most of the required content however can be dry at times
given the amount of content covered.

Tips and Tricks
Look at past exam solutions and tutorial questions to ensure you have
examples of which Laws to use for each type of question.
Exams are open b ook, which can lead to a false sense of security.
Understanding content is still essential to save time and get through all
the questions.
Course Co-Ordinator
Mrs K. Curnow

Based on the 2015 Course Profile

MGTS1201: Transforming Business with Information

Course Details



Incompatible:
INFS1200
MGTS7202

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr P Clutterbuck

This course is under redevelopment for 2016.

Overview
This course introduces students to the fundamental theories, practice
and strategies of information systems. Students will learn how these
concepts are incorporated to form complete business information
systems that can be used to identify a businesss strengths and
weaknesses, therefore delivering a continued increase in business
efficiency. Students will use a logical problem solving approach to
complete analysis tasks which include end-user programming tasks in
Microsoft Excel and business process analysis design in Microsoft Visio.
Advantages
This subject is handy as it employs a practical approach to learning
about the use of IT systems in Business and Management. The course
coordinator has responded to feedback and increased the number of
diagrams and hands-on experiences with excel.

Disadvantages
Some content may not be studied in depth but could still be assessed on
the final.

Tips and Tricks
Keep up to date during the semester so youre not trying to catch up on
reading during SWOTVAC.


MGTS1301: Introduction to Management

Course Details

Semesters Offered: 1 & 2.


Incompatible: None.

Assessment:
Simulation
Tutorial Exercise
Written Analysis
Final Exam

Contact Hours:
Contact (3hrs)

Course Co-Ordinator
Mr G. Greenfield (Sem 1)
Ms A. Kizeminska (Sem
2)

Overview
This course provides students with the principals of managing a
business organisation. It covers a broad range of topics that include
planning, leading, organising and controlling (PLOC) within an
organisation. More specifically topics and themes include: ethics,
rationality, strategic frameworks, international business, HRM, and
organisational change and innovation. The course also explores
modern and classical approaches to management over time.

Advantages
The concepts and theories taught in the course are applied to real
world examples helping students better understand the material. There
is a strong focus on group work in the course.
Students find that reading the textbook is an incredibly useful resource
to complement the content of lectures.
This subject is a prerequisite for RBUS2900

Tips and Tricks
Attending tutorials is an excellent way to prepare for the final exam.
The final lecture of the course includes useful information about the
final exams and summarises what is examined.

(Based on 2015 Course Profiles)

MKTG1501: Foundations of Marketing

Course Details



Incompatible:
MEBS7107
MGTS7806
MKTG7040 or 7501 7708

Assessment:
Team Based Project
Report
Case Study P roject
Report
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Mr O. Seamons

Overview
This course provides students with a basic introduction to the field of
marketing exploring standard m arketing theory and principles. It
focuses on the role of marketing and its importance in contemporary
organisations in society. Students will explore marketing principals,
concepts and models and apply them to real life examples. N otable
topics covered include strategic planning, consumer behaviour, pricing
strategies, and marketing research. During the course students create
their own m arketing plans in small teams.

Advantages
Students are given the opportunity to apply the theory through the
analysis of real-world examples, which effectively reinforces their
understanding.

Disadvantages
The nature of the course is highly theoretical which some students
struggle with, however students are able to apply this knowledge
across the semester as they create a marketing plan in small teams.

Tips and Tricks
Most of the course requires rote learning so reading the lecture slides
and textbook should suffice. Many key words have different definitions
to their literal meaning so its important to read through and
understand them.


RBUS3904: Integrated Commerce in Practice

Course Details


Prerequisites: Final Year BCom
Students

Incompatible: None.

Contact Hours:
Seminar (3hrs)

Course Co-Ordinator
Prof D. Anderson
Overview
This course is a capstone course that incorporates knowledge learned
from a range of courses in the commerce program. Its aim is to facilitate
the integration of the content of many courses within the degree that
appear seemingly unrelated. The course provides an explanation of
how the firm fits into the economic system and creates value with the
use of real world case studies. Content in the course includes
governance and ethics, the structure of financial information, using
financial information to analyse value creation, accounting quality
implications for valuations, valuation in actions, IT systems and IT
governance, the balanced scorecard and property rights. It draws from
material covered in the accounting, m anagement, information systems
and finance courses.

Advantages
This course gives students the opportunity to integrate the knowledge
they have learned from a range of courses in their commerce degree.
They are able to gain an insightful understanding of this theory by
applying it to real world case studies.

Disadvantages
Due to this course being a capstone course, students m ay find they need
to refresh themselves on content they covered earlier on in their
degree.

Tips and Tricks
Students are only able to take this course in their final year students
should plan their studies accordingly to ensure they are able to take
this course.


Accounting Major

ACCT3101: Auditing & Public Practice
Course Details




Assessment:
Mid semester exam
Computer-based
Assessment
Final Exam

Recommended: LAWS3100

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr G. Hsu (Sem 1)
Mr P. Woollard (Sem 2)

Overview
This course aims to provide a comprehensive introduction into the
auditing environment and methodology. The intention is to provide the
theoretical framework of auditing k nowledge and skills which can be
developed with industry experience.

Advantages
This course provides a strong knowledge base which can potentially be
applied to other subsequent studies.
The assessment tended to reflect the course content

Tips and Tricks
Prepare to be assessed on all topics and practice a range of questions.
(Based on 2015 profiles)

ACCT3102: External Reporting Issues
Course Details




Assessment:
Mid Semester Exam
Final Exam
Case Study

Contact Hours:
Lecture (2 hrs)
Tutorial (2 hrs)

Course Co-Ordinator
Dr T Artiach

Overview
The primary focus of this course is the effect of accounting standards
and regulations on disclosure in published financial reports of
Australian companies. This course places an emphasis on the
relationship between accounting standards issued b y the Australian
Accounting Standards Board and the standards that are set by the
International Accounting Standards Board.

Advantages
The content in this course can potentially be straightforward
depending on the teaching staff in the past there were multiple
lectures.

Disadvantages
While the research assignment is weighted less heavily than the exam,
some students find it far more time intensive and difficult than the
accounting concepts and calculations examined.

Tips and Tricks
The tutorials are extremely useful in understanding the concepts so it is
recommended that students do the work prior to attending each week.
The assignment deadline falls during the mid-semester break so
allocate time to it in order to enjoy the week off.

(Based on 2015 Course Profiles)

ACCT3103: Accounting for Corporate Structures
Course Details




Recommended: LAWS3100

Assessment:
Online Quiz
Group Presentation
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Mr S. Crawford

Overview
ACCT3103 is concerned with advanced accounting issues in financial
reporting by public companies. The focus of the course is on accounting
for corporate structures, namely business combinations such as groups,
joint arrangements and associates.
This course content is very different from other accounting subjects
and probably has the most counterintuitive course content to
understand. It is widely regarded as being the most difficult of the
accounting courses. The content is, in basic terms, a reverse of what
you learn in ACCT2101 and ACCT3102.

Advantages
The content is segregated and m ostly independent week to week. If you
are struggling in one topic, it will have minimal effect on other topics.

Disadvantages
ACCT3103 has the reputation of being the most difficult of all the
accounting courses.

Tips and Tricks
Tutorials are very helpful. If ever there was a course that you need to
complete the tutorial questions for every week before you go to them,
this is it.
Study throughout the semester and make sure you understand
consolidations and equity as there is usually two large questions on the
final exam revolving around these.

(Based on 2015 Profile)

ACCT3104: Management Accounting
Course Details




Assessment:
Mid Semester Exam
Online Quizzes
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr H. Frick

Overview
This course is the next step up after ACCT2102. It puts students in the
managers shoes and develops the skills needed to m ake decisions for
the organisation which are based off the accounting information and
records available. This course moves away from the basics and into
more difficult aspects of management accounting such as throughput
costing and variance analysis. Inventory management, pricing
decisions, decentralised pricing and transfer pricing, management
control systems and the b alanced scorecard are notable topics covered
in the course. Students are taught to identify what is relevant
information for decision-making and how to make decisions using this
information.

Advantages
Herman Frick is regarded as a good lecturer with practical experience.
He is very approachable and has an open door policy.

Tips and Tricks
This course teaches new material up until the final week of classes. It is
important to keep up with the content and ensure you understand the
new material each week to avoid falling behind. To ensure a good
result, smash the quizzes throughout the semester. They m ay only be
worth 15% but they cover the same material that will be on the final
exam. The quizzes act as a good barometer for your progress and build
up to the final exam.


ACCT3105: Advanced Management Accounting
Course Details

Semesters Offered: 1



Assessment:
Case studies
Project
Case Study Summaries
Final Exam

Contact Hours:
Lecture (3hrs)
Tutorial (1hr)

Course Co-Ordinator
Prof D. Smith

Overview
This course aims to extend upon the knowledge acquired through the
study of previous m anagement accounting courses. The material
learned in this course is applied to real world cases to reinforce
students understanding. As organisations face issues such as
increasing market share, implementing efficiencies, improving quality
and enhancing profitability, the focus of this course is on the various
costing and control issues organisations face and how to overcome
them. Topics covered in this course include activity-based
management, cost m anagement systems and strategic firm issues.

Advantages
This course builds on previous accounting subjects and focuses
especially on the area of management accounting. Real world case
studies are used in the course giving students a practical approach to
learning.

Tips and Tricks
Make sure you are comfortable with the content covered in ACCT2102
and ACCT3104 before taking this course.


LAWS3100: Corporate Law
Course Details


Prerequisites:
COMM1201 or 1202 or
LAWS1001 or 1100 or
1101

Incompatible:
COMM3205 or 7202 or
LAWS7011 or 5017 or
7117 or 7317

Assessment:
Tutorial participation
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr R. Ivory (Sem 1)
Dr P. Harpur (Sem 2)

Overview
This course offers students a critical analysis of companies and
partnerships that operate under Australian law. This course focuses on
the aspects of law related to companies including the nature of
corporate bodies, corporate personality and liability.

Advantages
Content is engaging and the tutorials are a useful resource.

Disadvantages
Exams can be difficult to finish in the allocated time.

Tips and Tricks
Good time management in the exam can help with finishing the exam in
time. Self-learning for some topics may be required if you feel you
havent fully grasped it from attending the lectures.

LAWS3101: Income Tax Law
Course Details


Prerequisites:
COMMS1202 or
LAWS1000 or
LAWS1100

Incompatible:
LAWS5144
LAWS7012
LAWS7144
LAWS7344
Not for LLB students

Assessment:
Mid Semester Exam
(30%)
Tutorial Exercise (10%)
Final Exam (60%)

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr T. Voogt
Overview
This course is an introductory level examination of the basic principles
of taxation law in Australia, with particular emphasis on the topics
required by professional accounting bodies for accreditation purposes.

Advantages
This subject is widely regarded as engaging, informative and
rewarding. The content is acclaimed for its real world application in
that students are personally subjected to the Australian tax laws that
are examined and as such have a more vested interest in understanding
the concepts. Dr Thea Voogt is enthusiastic and passionate and uses
practical examples in both lectures and tutorials.

Disadvantages
Students found that some topics were rushed or brushed over in the
lecture due to time constraints. Students also found that extra
questions were sometimes required due to the intricacy of the subject
matter. Some of the required reading was not particularly useful but
the textbook Principles of Taxation Law was relied upon.

Tips and Tricks
Although the exams are open book students find that they are very
pushed for time so it is important that they have a good grasp of the
material and do not spend the exam looking up notes from the
textbook.


BIS Major


INFS3222: Information Analysis & System Design
Course Details


Prerequisites:
MGTS1201 or
2 units of
COMP/COMS/INFS
courses

Incompatible: INFS7255

Contact Hours:
Lecture (2hrs)
Practical/Lab (2hrs)

Course Co-Ordinator
Dr T. Rowlands

Overview
This course provides students with an understanding of systems
development approaches and knowledge and experience of analysis
and m odelling. These skills can then be incorporated into system
design and implementation.
The overall object of this course is to provide the concepts and skills
required to design information systems by concentrating on the front
end of systems development processes.
This course also briefly touches on the implementation of computer
programs and the required testing and maintenance to ensure their
correct operation.


MGTS2202: Data Analytics & Information Management
Course Details




Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr S. Cockcroft
This course may b e under redevelopment for 2016.

Overview
The course introduces the concepts and principles of data and
information management. This includes data and information as
organisational resources, costing and valuing data; managing data,
information, & knowledge; quality issues; data warehousing and data
mining. The course teaches the use of SAS visual analytics, an essential
part of any role that requires analytics including finance and risk
management.
MGTS2202 content is very relevant for subsequent courses on
information systems and forms the foundation knowledge for m uch of
these subjects.


MGTS3203: Managing Business Data
Course Details
This course may b e under redevelopment for 2016 in Semester 2.


Prerequisites: MGTS1201 + 2
units of INFS courses.

Incompatible:
INFS1200 or 7900
MGTS7206

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr T. Rowlands

Overview
This course involves the study of business issues in relation to database
management, conceptual m odelling and data modelling in b usiness
applications.
This course also involves the use of a Structured Query Language (SQL)
to uncover critical information for decision-making in the business
environment.


MGTS3208: Information Systems Strategy
Course Details


Prerequisites:
MGTS2202 or
INFS2244

Incompatible: MGTS7208

Contact Hours:
Contact (3hrs)

Course Co-Ordinator
Dr S. Chung

Overview
This course is concerned with managing and leading the information
systems function within organizations. This subject focuses on
management issues and problems, and issues such as the strategic
alignment of IT services and infrastructure where the organisation's
objectives are emphasised rather than details of the computing and
communications technology that underlie information systems.

Advantages
The course provides varied opportunities for student learning through
case studies, business oriented student projects and guest speakers
from industry.
The course has been updated in accordance with student feedback in
previous years.

Disadvantages
The MGTS3208 course is an advanced course so be sure to consider
your study load and preparedness for this course.


ACCT3201: Accounting Information Systems
Course Details




Assessment:
Mid Semester Exam
Project
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorials (2hrs)

Course Co-Ordinator
Dr A. Robb

Overview
This course enables students to understand the factors that need to be
monitored to ensure a business runs smoothly and answers the
question of which system will provide you with the information your
business needs.
During this course students are introduced to major financial business
information systems used by managers to run their business effectively
and efficiently.
This course includes BPMN and includes guidance on the most
commonly used notations. Interactive financial data enabled by XBRL is
demonstrated in this course using Calcbench.


INFS2233: eBusiness Systems & Strategy
Course Details


Prerequisites: MGTS1201


Contact Hours:
Contact (4 hours)

Course Co-Ordinator
Dr D. Xu

Overview
This course covers the fundamental concepts and principles of
electronic commerce. INFS2233 introduces students to managerial,
technical, social, and regulatory aspects of modern e-Commerce and
provides students with experience in the development and publication
of websites.
Some of these concepts include infrastructure, security, privacy,
management, censorship, intellectual property, payment methods, and
the roles of customers, stakeholders, suppliers and employees.
This subject is a prerequisite for MGTS3205.

Advantages
You will develop a basic level of commercial W eb-site construction
knowledge as well as a strong understanding of the fundamental
theoretical concepts supporting electronic commerce.


MGTS2203: Business Process Management
Course Details


Prerequisites: 8 units of
BusMan courses

Recommended: MGTS 1201


Contact Hours:
Lecture (2 hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr M. Indulska

Overview
Improving organisational efficiency and effectiveness is a top priority
for senior management. To enable such improvements it is crucial that
the organisation be viewed from a process perspective. This course
provides students with an introduction to Business Process
Management and enables them to develop skills in business process
modelling using the international BPMN modelling standard. The
course also introduces students to concepts of Lean Thinking and
facilitates the development of process improvement skills using several
techniques.


MGTS3205: Business Information Security
Course Details


Prerequisites: INFS2233


Contact Hours:
Contact (4hrs)

Course Co-Ordinator
Dr P. Clutterbuck


Overview
This course introduces students to the theory underpinning Internet
security. There are a number of challenges and solutions discussed in
this course as part of a framework comprising of five major topics:
confidentiality, integrity, availability, authentication and non-
repudiation. The course begins with an introduction to security and the
need for it. It then covers risk m anagement, planning for security,
cryptography, security technology such as firewalls and VPNs, intrusion
detection systems, forensic security and facilities, and personal
security.


MGTS3206: Advanced Data Analytics
Course Details

Semesters Offered:1

Prerequisites:
8 units of BBusMan or
8 units of BCom


Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr S. Chung

Overview
This course focuses on identifying, evaluating and capturing business
analytics and emphasises current issues, m ethodologies, practice and
emerging trends in business analytics. This course will analyse real-
world business data using various b usiness analytics tools, primarily R
(www.r-project.org) and RapidMiner, and also introduce some
advanced economic and predictive models in analyzing digital markets.
Prior programming skill is not required.


MGTS3207: Managing Work in Virtual Environments
Course Details


Prerequisites:
MGTS2202 or
INFC2244


Contact Hours:
Contact (3hrs)

Course Co-Ordinator
Dr P. Clutterbuck

This course may b e under redevelopment for 2016 in Semester 2.

Overview
This course is underpinned by traditional perspectives on organisation
structures, managing technology and communication procedures. The
aim of this course is to develop an in-depth understanding of processes,
practices, features and issues that arise from operating in a virtual
corporate environment.

Advantages
The course gives a good practical and general knowledge of multiple
industries as well as teaching students how to construct a persuasive
proposal.

Disadvantages
The lectures may not be recorded meaning that attendance is necessary
as some concepts are hard to understand solely through the slides.
BPMN diagrams are an assessable part of the course however students
found that these were brushed over. Although the exams contained
multiple choice elements students found them extremely difficult.

Tips and Tricks
The assignment for this course is group based and is very time
intensive so it is prudent for students to form a good team as early as
possible and dedicate time towards it. Lecture attendance and tutorial
participation are also highly recommended due to the lack of Echo
recordings.


Finance Major

ECON2300: Introductory Econometrics
Course Details


Prerequisites:
ECON1310
For BInfTech students
ECON1010 + STAT2004

Incompatible: EC230 or 735

Assessment:
Mid Semester Exam
Online Assignments
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
A/Prof A. Rambaldi (Sem
1)
Dr T. Dumrongrittikul
(Sem 2)

Overview
ECON2300 is an introductory course in applied econometrics. It
reviews and builds on the simple linear regression model taught in
introductory statistics courses. The models studied in this course have
numerous applications in economics, finance, marketing, management
and related areas.
The course can be managed if you build up the b asics over time and
should make for a solid foundation for subsequent courses. Hands-on
experience in applying these techniques is gained through the use of
EViews, an econometric computer software package available in the
BEL computer laboratories.
This subject is a prerequisite for ECON3440, ECON3360 & ECON3320.
Advantages
Reviews regarding this course say that it is delivered well and is an
excellent introduction on how to assess economic data. The theory is
clear, concise and repeated over the course to aid understanding.
Overall the course is very hands-on with continued practice of using the
E-views prescribed tool in tutes. Both the lecturer and tutor are
knowledgeable, engaging, and supportive..
Disadvantages
ECON2300 is a subject that will be a struggle if you are not on top of the
work.
Tips and Tricks
In this course, it is crucial to keep up week-to-week.
Get your head around hypothesis testing early as it forms the basis of
the course.
Tutorials are a must because the course is geared around using E -
views. The tutorials are the how to of the course and reinforce the
lecture materials.


ECON3210: Financial Markets & Institutions
Course Details


Prerequisites:
ECON1010 + FINM2401
or
ECON1010 + FINM2400
or ECON2200

Recommended: ECON3550

Incompatible: EC302

Assessment:
Mid Semester Exam
Online tests
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr F. Bracoud

Overview
This course aims to provide an in-depth understanding of financial
markets and institutions. This course aims to present students with
material that is directly linked to the current financial environment. To
achieve this, the topics of this course are likely to have featured in
recent media posts and articles.

Advantages
ECON3210 engages students by providing relevant lessons with links to
real world applications. The course helps to explain how the financial
system functions as well as the ramifications to every-day life. The
lectures are also delivered in such a way that keeps the audience
engaged and interested in the subject matter.

Disadvantages
The course is extremely content heavy and conceptual and while there
is no official textbook the amount of required reading was often
extremely difficult for students to keep up with.

Tips and Tricks
The course becomes easier in the later weeks if students have a strong
foundation in the first half of the semester. However, the quizzes are
tricky and content will catch up if study is not done regularly.

FINM3401: Corporate Finance
Course Details


Prerequisites: FINM2401

Incompatible: FINM3411 or
7402

Assessment:
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr V. Ragunathan

Overview
This course aims to provide a deep understanding of the theory of
corporate finance, and the application of this theory to real world
issues. It focuses on six topics including transactions, capital structure,
discounted cash flow valuation, risk management, real options
valuation and corporate governance.

The content in this course expands upon basic topics covered in
FINM2401 such as the time value of m oney. A large amount of time is
spent on the topic of capital structures. That is, the relationship
between equity and debt financing. This comprehensive explanation of
leverage is fundamental to understanding the mechanics of corporate
finance. The course also focuses on mergers, acquisitions and corporate
governance and gives real world examples of reasons for takeovers and
defences against takeovers. These topics give students a break from the
heavy calculations involved with capital structure problems.

Students found that Real Options, Financial Options, and Equity & Debt
were the most enjoyable topics.
Advantages
This course is highly relevant and insightful for students looking to
specialise in corporate finance and transaction advisory. It incorporates
countless real world examples in lectures and tutorials which students
favour.
Disadvantages
Students found the lectures long as there were no breaks which made
them hard to follow.
Tips and Tricks
The course follows the textbook quite closely so it is highly
recommended that students complete all the relevant readings.
Students found attending tutorials incredibly useful. The final exam is
straightforward but requires a lot of attention to detail. Exam questions
from the tutorials appear to be easier than those found in the actual
exam. The content in the course is quite heavy so it is not a subject you
can cram for overnight. It could be beneficial to study this course
towards the end of your degree because some questions can be tough
and require a good general understanding of finance.


FINM3402: Investments & Portfolio Management
Course Details


Prerequisites:
FINM2401

Incompatible:
FINM3412 or 7403

Assessment:
Mid Semester Exam
Article Review
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
A/Prof B. Oliver (Sem 1)
Mr Khoa Hoang (Sem 2)

Overview
This course provides students with the techniques used to evaluate
investments in a portfolio and on an individual basis. It covers a range
of key areas including an introduction to investments and portfolio
management, valuation of securities, macro-level analysis and
fundamental and technical analysis. Topics covered are Financial
Statement Analysis, Markets & Instruments, Equity Investments, Debt
Investments & Portfolio Management. These topics have a strong
mathematical focus and are interrelated to other courses in the finance
major.

Advantages
The material in this course provides fundamental knowledge that is
relevant to other finance courses and real world situations. It may be
beneficial to complete this course before the later courses in the finance
major. Dr Barry Oliver has b een regarded as an excellent lecturer. He
teaches students in a way that allows them to understand the course
material with little or no prior knowledge of the subject.

Tips and Tricks
The textbook is a must for the course, and can provide useful
background knowledge to the lectures and tutorials. The final exam is
made up of 5 problem questions that have strong mathematical and
theory components. If you can understand the content of the course the
final is more than manageable. W hilst there will be a few curve balls,
with a good foundation it shouldn't be too difficult.


FINM3403: International Financial Management
Course Details


Prerequisites: FINM2401 or
2411

Incompatible: FINM7406

Assessment:
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr K Tan

Overview
This course extends financial decision-making into the international
setting. It showcases the economic and financial relationship between
countries by focusing on topics such as the foreign exchange market,
exchange rates and the factors that may impact these rates. Other
notable topics explored include the benefits of international
diversification, the balance of payments, international capital
budgeting, foreign currency derivatives and global capital and political
risk. Issues relating to the globalisation of capital markets such as
international investment, multinational cost of capital and capital
structure and m ultinational capital budgeting and restructuring are
also covered.
Advantages
International Financial Management is a valuable course for students
interested in the global financial markets.

Disadvantages
Past students described the final exam as difficult because tutorial
questions done in class are not indicative of the level of difficulty and
not all tutorial questions are covered in tutorials, which m akes
preparation for the final exam slightly more difficult. The lectures are
helpful but dry.

Tips and Tricks
Although they are not prerequisites, students should complete
FINM3401 and FINM3402 before attempting FINM3403.It is
recommended that students understand payoff diagrams and the
summary of Prices, Interest Rates & Exchange Rates in Equilibrium. It is
also important to show a deep understanding of the theory in the final
exam.


FINM3404: Banking & Lending Decisions
Course Details


2411

Incompatible: None.

Assessment:
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr M. Haq

Overview
The course highlights the traditional role of banks and how their
operation has changed dramatically in recent years. This course covers
important information for those going to work in the banking sector
including regulation of banks, lending and the GFC. It also covers
assessment of loans, liquidity risk, asset-liability management and
structured finance.

Advantages
This course has received generally positive reviews in the past. The
content is understandable, well-structured and logical. The lecturer
uses real world examples to ensure students understand the actual
applications of the content being taught.

Disadvantages
Whilst the exam content is predictable, m arking is very strict and
detailed and answers need to adhere to the marking rubric.
Some lectures are known to be content heavy.
Tutorials involve only simple calculations and tutors sometimes fail to
expand m uch on the content from the lectures.

Tips and Tricks
Theory is important, but dont get caught up in it. Know the basics well,
and ensure you are able to perform the calculations covered in the
lectures.
The marking rubric for exams can be strict so requesting to view your
exam for clarification on marks could be useful.


FINM3405: Derivatives & Risk Management
Course Details


2411

Incompatible: None.

Assessment:
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
Dr K. Fong Chan

Overview
During this course students will develop an understanding of the
operation of derivatives m arkets and the range of products that are
available. This understanding extends to knowledge of how the
derivative products are used to manage risk as well as the fundamental
concepts in valuing them.

Advantages
Students found this subject extremely engaging and interesting, which
helps make it enjoyable and rewarding. Students found the teaching
process very effective and concepts easy to m aster after some practice
questions. A b asic knowledge of finance is necessary (FINM2401)..

Disadvantages
The course is theory heavy which m eans that it will be a greater
struggle for students who do not easily grasp financial concepts based
around derivatives.

Tips and Tricks
The first half of the course is more intense and challenging than the
second, so students should ensure they are up to date going in to the
mid-semester exam in order to achieve a good grade and relieve
pressure on the final.


Elective Courses

These are subjects that are not compulsory for a particular major. Selected Electives only.

ECON1320: Quantitative Economic & Business Analysis B
Course Details

Semesters Offered: 2.

Prerequisites:
ECON1310
EC135.

Incompatible:
EC134
EC136

Assessment:
Mid Semester Exam
CML Quizzes
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1.5hrs)

Course Co-Ordinator
A/Prof J. Asafu-Adjaye

Overview
Deals with basic statistical m odels and m ethods used in business and
economics. Topics include multiple regression analysis, time series
analysis, survey sampling, index numbers and decision theory.
Problems & exercises are solved manually & using Microsoft Excel.

Advantages
The course is an expansion of ECON1310 and adds to the knowledge
base set out previously.

Disadvantages
In the past, students found that this course was more enjoyable for
students who had an apt for statistics.

Tips and Tricks
Students should memorise the formulas and be able to regurgitate and
manipulate them in the exam. PASS is available and should be utilised
in order to clarify any questions and to discuss assessment.

(Based on 2015 profiles)

ECON3350: Applied Econometrics for Macroeconomics &

Finance

Course Details


Prerequisites: ECON2300 +
(ECON2020 or ECON2021 or
FINM2401 or FINM2411)

Incompatible: ECON3300

Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)

Course Co-Ordinator
A/Prof A. Rambaldi (Sem
1)
Dr E. Eisenstat (Sem 2)

Overview
The purpose of the course is to offer advanced students in finance and
economics an understanding of the econometric tools that apply to
financial and m acroeconomics data. The course takes an applied
perspective approach. Lectures will introduce specific financial and
macroeconomic models and the techniques required to
estimate/predict/forecast with the model. The course will make use of
a suitable econometric package for purposes of analysing of the data.
Core content includes: statistical characteristics of time series data;
capital asset pricing m odels; cointegrated models; volatility and
volatility models; models of price changes.

Advantages
The course is very well structured, providing a clear connection
between theory and worked examples from the real world. While
students who didnt commit enough time to the course found it quite
challenging, those who did and are passionate about the relationship
between finance and economics found it very rewarding.

Disadvantages
Students found the final exam to be particularly challenging and the
textbook quite tough if they didnt have an adequate understanding of
statistics.

Tips and Tricks
The course lends itself to those interested in the statistical effects of
finance in an economic sense. Commit time early in the course to
picking up as many early marks as possible


ECON3360: Applied Econometrics for Microeconomics
Course Details


Prerequisites: ECON23200 +
(ECON2010 or ECON2011)

Incompatible: ECON3300

Assessment:
Problem Sets
Mid Semester Exam
Final Exam

Contact Hours:
Lecture (2hrs)
Tutorial (1hr)

Course Co-Ordinator
Dr D. W . Kwak

Overview
The course covers concepts and methods widely employed in
contemporary applied microeconomics. The content is mainly focused
around learning and applying different statistical models, each of which
is complimented by well-known case studies for context.

Advantages
The application of the models is considered an engaging aspect of the
course, as you learn about different studies evaluating the models and
subsequently shortcomings of particular methods.
In response to previous student feedback they have switched to the
more widely used statistical package Strata (over the previously used
E-views).

Disadvantages
The lectures can, at times, b e hard to follow conceptually and may
require you to go over it again to fully grasp the content.

Tips and Tricks
The assessment is mostly theoretical so it is essential to gain an
understanding of the theory behind the models.

In previous years assignments have b een very similar to examinations.



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About the FMAA

Professional Services Evening

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Other Professional Services &

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Welcome to the Bachelor of Commerce

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2016 Program Restructure

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ACCT1101: Accounting for Decision Making

Based on the 2015 Course Profile

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ACCT2101: Financial Reporting

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ACCT2102: Principles of Management Accounting

This course gives an introduction to cost accounting concepts and the

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ECON1010: Introductory Microeconomics

(Based on 2015 Profiles)

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ECON1020: Introductory Macroeconomics

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ECON1310: Quantitative Economic & Business Analysis A

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FINM2401: Financial Management

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LAWS1100: Business Law

Mr Hinchy is known to be an engaging lecturer.

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MGTS1201: Transforming Business with Information

This course is under redevelopment for 2016.

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MGTS1301: Introduction to Management

(Based on 2015 Course Profiles)

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MKTG1501: Foundations of Marketing

(Based on 2015 Profiles)

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RBUS3904: Integrated Commerce in Practice

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ACCT3101: Auditing & Public Practice

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ACCT3102: External Reporting Issues

(Based on 2015 Course Profiles)

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ACCT3103: Accounting for Corporate Structures

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