Swinburne University of Technology - Melbourne Australia
Future Students - Courses
Discover the wide-reaching significance and power of finance in business, trade and government. You will delve into the worlds of financial and capital markets and explore influences on those markets, investment analysis, risk management and business investments.
Course Description:
This degree will replace the at Hawthorn from 2010. Current students have the option of either completing their existing degree or transferring to the new degree name. Finance is a fast-growing employment field with roots in accounting and economics, but has developed its own unique framework of knowledge. Financiers inform business decision-makers on the best courses of action for the financial profit and security of the organisation. Working on a wider scale than accountants, they analyse and assess financial forecasts, the value of a company, the investment opportunities open to them and the value of shares and bonds.
Aims & Objectives:
In addition to the university’s graduate attributes, Bachelor of Commerce (Finance) graduates will be: comprehensively knowledgeable about accounting and finance appropriate for entry-level positions in the accounting and finance fieldsable to evaluate the financial position of an organisation through the examination of financial statements and non-financial dataable to demonstrate an understanding of the principles of accounting and apply these accurately and correctlystrong analytical problem solvers who are able to operate within an ethical frameworkexcellent communicators in both written and verbal contextsadaptable and able to implement principles into a range of different contexts globallyable to satisfy the academic admission requirements for accounting professional bodies
Course Structure:
For completion of the Bachelor of Commerce (Finance) students are required to complete a total of 24 units of study (300 credit points) consisting of: A Finance professional major consisting of 16 units (200 credit points); andEight (8) additional units that can be undertaken either as a co-major (8 units), two minors (4 units each), or pathways credit; andThe not-for-credit unit, Careers in the Curriculum (HBG0004) This program has a Flexible Degree Structure providing students with a wider and more flexible choice in combing studies from different disciplines to add either depth or breadth to the degree.Students may select co-majors or minors subject to timetable availability. Follow this link for more information. Students may also undertake Electives Plus Minors, Student Exchange or other approved options. Prior to enrolment, students will be required to attend degree planning information sessions.Units normally carry 12.5 credit points. In each year, four units per semester (eight per year) normally constitutes a full-time load of 100 credit points and two units per semester (four per year) normally constitutes a part-time load of 50 credit points. Students holding an international student visa are required to study full-time. Students wishing to enrol in units of study that are not a formal part of this course will be required to seek approval from the Faculty Administration Manager prior to enrolment. Course restrictions A minimum of 100 credit points must be completed at Swinburne University. This regulation must be observed in program plans that include unit exemptions; studies completed through international exchange, cross-institutional study or study abroad.Students will not be allowed to study more than 26 units (325 credit points) as part of the Bachelor of Commerce.A unit can only be counted once as part of a major or minor. Where there is an overlap of units a substitute unit has been identified in the relevant cognate area.Students are not permitted to enrol in units where they have completed other units that are deemed to be equivalent. Equivalent units cannot both be used for credit. Careers in the Curriculum (CIC) In addition to the above, students must complete a compulsory unit of study HBG0004 Careers in the Curriculum to be awarded the degree. Careers in the Curriculum (CIC) is an innovative unit designed to assist Swinburne students to enhance their employability and career prospects. It is usually undertaken in the second year of your course and is compulsory for all undergraduate students who commence their course from 2007 onwards. Students studying CIC will not incur a HECS or fee debt for the unit as the cost will be met by the university as part of an initiative to enhance students' career skills.Prerequisites/Corequisites Students must have passed prerequisites/corequisites listed for each unit of study and must check that they have fulfilled these requirements before enrolling. Unit of study convenors must be consulted if students wish to enrol in a unit of study for which they do not have the stated requisites. Final Year Experience – Major ProjectsAs part of the Swinburne Model for Professional Learning, we would expect that all incoming undergraduates from 2009 will undertake 25 credit points of professionally focused final year major projects within their programs of study. Entry with advanced standing may require alternate study sequences to be undertaken. Winter and Summer TermsThe Faculty of Business and Enterprise is offering optional six-week Winter and Summer terms allowing you to complete extra study between the standard semesters. These terms are not mandatory. However, if you wish to vary your study load you may want to consider this option. Follow this link for more information on units offered.
Major specialisation:
To qualify for the award of Bachelor of Commerce (Finance) students must complete the required units in their Professional Major of Finance listed below. Commerce (Finance) Professional MajorFinance Major - 2010Or see Units of Study below. Co-MajorsThe following commerce specific co-majors are available from the Faculty of Business and Enterprise: Accounting Co-Major - 2010Commercial Law Co-Major - 2010Entrepreneurship and Innovation Co-Major - 2010Finance Co-Major - 2010Human Resource Management Co-Major - 2010International Business Co-Major - 2010Management Co-Major - 2010Marketing Co-Major - 2010Italian Language Co-Major - 2010Japanese Language Co-Major - 2010 MinorsThe following commerce specific minors are available from the Faculty of Business and Enterprise:Accounting for Commerce Students Minor - 2010Applied Marketing Minor - 2010Asia Business Studies Minor - 2010Basic Marketing Minor - 2010Chinese Language Minor - 2010Commercial Law Minor - 2010Economics Minor - 2010Entrepreneurship Minor - 2010European Business Minor - 2010Foresight Minor - 2010General Commerce Minor - 2010Human Resource Management for Commerce Students Minor - 2010Leadership Minor - 2010Organisational Behaviour Minor - 2010Small Business Management Minor - 2010Italian Language Minor - 2010Japanese Language Minor - 2010Japanese Cultural Studies and Work Experience Minor - 2011 Note: Not all minors will be available in 2010. Please refer to each discipline area above for more information.Students also have the option to select their co-major or minors from another faculty. Electives Plus Minors Electives Plus minors provide Swinburne degree students with options to broaden their career skills and strengthen their employability by selecting from units of study outside their degree discipline.Students undertaking this course can choose to study Electives Plus minors of up to four units from one of the following themes: Design: Process and Strategy Electives Plus sequenceEffective CommunicationEnterprising Marketing - pre 2009Establishing and Running a Business - pre 2009Italian Language Practice and Culture - pre 2009Japanese Language Practice and Culture - pre 2009Information Orientation and Knowledge ManagementItalian Language Practice and Culture - pre 2009Multimedia: Web DevelopmentThe Networked EconomyUndergraduate Research Skills Electives Plus minors are available in all Swinburne degree programs subject to timetabling constraints, with the exception of double degree programs, specialist double major degrees, and where entry has been approved with advanced standing.
Units of Study:
Professional Major Units HBC110N Accounting for Managers HBH110N Organisation and Management HIT1401 Introduction to Business Information Systems HBE110N Microeconomics HMB110 Quantitative Analysis A OR HMB111 Quantitative Analysis B HBL111N Introduction to Business Law HBC242N Financial Planning and Investment HBC224N Finance HBC343N Advanced Finance HBE228N Banking and Financial Markets HBE333N Financial Institutions and Monetary Policy HBE335N International Finance HBL333N Finance Law HBE220N Macroeconomics HBY310N Integrative Business Practice HBY311N Industry Consulting Project Plus one not for credit unit, HBG0004 Careers in the Curriculum Eight additional units of study must be completed. These units of study may be taken as a co-major, two minors or pathways.
Industry-Based Learning:
An optional Industry-Based Learning (IBL) unit may be undertaken by local students who have entered university after completing Year 12 at the completion of 100 credit points at Swinburne. Pathway students who have entered with exemptions may register with the IBL office once completing one semester of their degree. The IBL program is available to students who have a pass result. Due to government regulation, the IBL program is not available to international students who hold a student visa.An academic staff member is assigned to each student who has an IBL placement. The role of the staff member is to act as a mentor to the student by means of visits and email and phone contact. After each visit with the student, the academic mentor completes a ‘mentor visit report form’ detailing the student’s progress and job satisfaction, with a copy being forwarded to the IBL office. All visits are logged as per the IBL policy of the University.The Faculty of Business and Enterprise has a full-time IBL manager to liaise with undergraduate students and employers. The IBL program also has an academic convenor who ensures that the program is academically rigorous and meets the student's learning needs.
Honours:
An honours degree at Swinburne provides an opportunity for students with a demonstrated academic ability to pursue their undergraduate studies to an advanced level - to deepen their intellectual understanding in their major area of study and to develop their research skills. Honours students work independently but in close consultation with a supervisor on a substantial project of their choice. Students are required to collect and analyse data and produce a substantial written thesis (15,000 to 20,000 words) on their findings. The honours program is a recognised point of entry into postgraduate research studies. For further information contact the Faculty of Business and Enterprise.
Education Abroad:
Swinburne offers International Exchange Programs as well as other Education Abroad Programs to help you gain international experience while studying your degree. International Exchange is an academic program allowing you to study at a Swinburne Partner Institution for one or two semesters during your degree. Swinburne's Partner Institutions offer many relevant subjects as well as a secure base to explore a different culture. Your studies whilst on exchange can be credited towards your Swinburne degree, provided they are relevant and approved by Swinburne. For further information visit the Swinburne Abroad website.
Career Opportunities:
A world of career opportunities are available to graduates of finance. They could find employment in international banking, investment management, consumer finance, financial forecasting, treasury management, corporate finance, economic analysis, financial analysis and banking.
Graduate Attributes:
The intent of the course is for graduates to have well-developed attributes that will equip them for their early career and life. Specifically graduates will potentially be: capable in their chosen professional, vocational or study areasentrepreneurial in contributing to innovation and development within their business, workplace, or communityeffective and ethical in work and community situationsadaptable and able to manage changeaware of the local and international environments in which they will be contributing to (e.g. socio-cultural, economic, natural) In order to build all of the graduate attributes, the Bachelor of Commerce aims to: ensure that the body of knowledge and technology imparted in the program will be relevant to immediate and potential employment opportunitiesdevelop self-confidence through learning experiences aimed at an understanding of the unit areas, including the development of life-long learning skillsoffer Industry-Based Learning (IBL)* and experiential learning opportunities that link theoretical learning with applied practical work experiencedevelop creativity and analytical skillsprovide an understanding of the conventional ways of seeking answers to particular problems, including the use of library and other reference sources such as the internet and electronic information sourcesdevelop multi-disciplinary, applied research skills through the honours year optiondevelop both written and oral communication skills, and teamwork capacitiesdevelop perspective and general knowledge by a study of a variety of disciplines and of their relationship to one another, forming an integrated, holistic business understandingdevelop an ability and willingness to adapt to change, given the turbulent, competitive and volatile nature of many businessesdevelop a broad understanding of the business and social environment, and especially its global and complex naturedevelop skills and attitudes conducive to life-long learning * Please note that IBL is not available to international students who hold a student visa.
Entry Requirements:
Successful completion of an appropriate Victorian Year 12 or its equivalent, such as an interstate or international Year 12 qualification. 2010 VCE Prerequisites: Units 3 and 4 - a study score of at least 20 in English (any). Non-Year 12For Australian TAFE qualifications undertaken in Australia, the following criteria will be used: Associate degree holders: Minimum requirement - credit grade average (at least 65% or above) with no fail grades in their business units in the final year.Advanced diploma holders: Minimum requirement - credit grade average (at least 65% or above) with no fail grades in their business units in the final year.Diploma holders: Minimum requirement - 50 percent of grades achieved are Distinctions (75% or above) with no fails in their business units.Certificate IV: Minimum requirement - 75 percent of grades achieved are Distinctions (75% or above) with no fails in their business units. Where Australian TAFE qualifications are delivered offshore, equivalent grades will be adopted.Partially completed tertiary qualifications Applicants must also have completed a minimum of one year (100 credit points) of equivalent full-time study - Minimum requirement - Credit grade average (65% or above) with no fails in their business units.Special EntryApplicants who do not satisfy any of the above requirements (including applicants with a non-competitive Year 12 completed a minimum of two years prior to the time of application) are required to sit a STAT Multiple Choice test run by VTAC.Not all eligible applicants can be offered a place as quotas do apply.
Australian Tertiary Admissions Ranking (ATAR): 68.45
2011 Round 1 Clearly-In ATAR (CSP)
Credit Transfer:
Applicants with prior tertiary studies that satisfy part of the academic requirements of this course may be granted ‘credit’ and/or entry into the course with ‘advanced standing’. University policies apply and applicants are assessed on a case-by-case basis. For most degrees students will be granted matched exemptions for foundation units or some Stage 2 units only. For further information refer to ‘Swinburne Pathways: Credit Transfer Guide’ at: http://www.swinburne.edu.au/corporate/marketing/pathways//
Pathways (articulation):
An advanced credit transfer system, known as the Pathways program, is in place at Swinburne. Through Pathways, students with one or more of a wide range of post-secondary qualifications (both local and international) can gain entry into a course with advanced standing. Certain subject requirements must be met and an acceptable standard of results achieved in order to gain admission and for maximum credit to be granted. For most degrees students will be granted matched exemptions for foundation units or some Stage 2 units only. For further information refer to 'Swinburne Pathways: Credit Transfer Guide at: http://www.swinburne.edu.au/corporate/marketing/pathways// Note: Eligibility for credit does not guarantee a place in the course: acceptance depends on the number of applicants and available places.
Recognition of Prior Learning:
Recognition of Prior Learning (RPL) is a process where a student may be granted credit or partial credit towards a qualification in recognition of skills and knowledge gained through work experience, life experience and/or formal training. However, it must be noted that RPL is not normally recognised for undergraduate qualifications. Students may not obtain RPL for the Professional Practice units.Further details for students considering Higher Education courses: http://www.swin.edu.au/corporate/registrar/ppd/files/stuinf.htm
Course Fees:
For information about Swinburne's fees visit: www.swinburne.edu.au/fees
Scholarships:
For information about scholarships at Swinburne visit: http://www.swin.edu.au/scholarships
Application Procedure:
Applications for Semester One must be made through the Victorian Tertiary Admissions Centre (VTAC).VTAC code: 34481 (CSP), 34483 (Int. Fee)For further information, visit the VTAC website at: www.vtac.edu.au Applicants who have not already applied through VTAC can apply direct to the university by following the step-by-step process on our How to Apply page.This course is available for mid-year intake. Applications are made directly to Swinburne and will be taken on a case-by-case basis. Application forms can be downloaded from our How to Apply website.
Further information:
Submit an Online EnquiryTel: 1300 368 777Email: study@swinburne.edu.au Faculty of Business and Enterprise website