RMIT University - Business 2017 Degree and Diploma
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2017 Degree and Diploma Web Edition Updated 1 February 2017 Business
Why RMIT?
CONTENTS
Why RMIT? 2 Why Study Business
at RMIT?
Teaching, Facilities and Networks
Designed for You 4
Industry Engaged 6
Study Options 8 J o i n s t u d e n t s , re s e a rc h e r s a n d t e a c h e r s w h o a re p a s s i o n a te a n d
Global Mobility 11 c o m m i t t e d t o m a k i n g a d i f fe re n c e t o t h e b i g i s s u e s c o n f ro n t i n g
t o d ay ’s b u s i n e s s a n d g ov e r n m e n t , l o c a l l y a n d g l o b a l l y.
Study Areas
Accounting 12 RMIT business graduates emerge
Economics and Finance 16 — skilled in their discipline and with soft skills that are crucial in the eyes of future
employers, such as:
Entrepreneurship 18
– effective communication skills
Information Systems 20
– ability to plan and organise their work, solve problems, work in teams
International Business 22
– self-discipline and management skills
Management, Business and
Administration 24 – ability to show initiative and creativity
Marketing and Advertising 28 — work ready: able to apply the skills developed at RMIT, ready to add value to their
chosen profession or employer right from day one.
Statistics and Analytics 30
Supply Chain and Logistics 32 RMIT offers
Honours 34 — different modes of study, including face-to-face on campus, online, in intensive block
mode, or a combination of these, referred to as blended delivery
Enterprise-ready Graduates 35
— flexibility to move between locations globally
Pathways 36
— outstanding teaching and learning facilities
How to Apply 38
— long- and short-term internships, live projects, hearing from experts and working with
Fees Explained 39 industry mentors
— peer mentor support
— opportunities to get involved through student associations, committees, social,
mentoring and leadership activities
— an environment where staff and students of diverse genders, sexes and sexualities
Acknowledgement of Country (DGSS) are welcomed
RMIT University acknowledges the
Wurundjeri people of the Kulin Nations as
the traditional owners of the land on which
the University stands. RMIT University
respectfully recognises Elders both past and
present. We also acknowledge the traditional
custodians of lands across Australia
where we conduct business, their Elders, Australian Rankings World Rankings
Ancestors, cultures and heritage.
#9 Top 100
RMIT ranked #9 for computer RMIT ranked in the top 100 for
science and information systems business and management studies
and accounting and finance
#10 Top 200
RMIT ranked #10 in the top RMIT ranked in the top 200 for
universities for accounting statistics and operational research
and finance
Source: QS World University Rankings by Subject 2016
#14
RMIT ranked #14 in Australia for
economics and econometrics
Source: QS World University Rankings by Subject 2016 #21
RMIT ranked #21 in the top 50
universities under 50 years old.
Source: QS Top 50 Under 50 2015
2 Business
Study Here. Succeed Anywhere. The College of Business offers study options in Melbourne, Hanoi, Saigon South and online. You can also complete all or part of your studies with our educational partners in Singapore, China and Indonesia, or earn credits by undertaking a short-term study option. See page 11 for further details. Marcus Lee Advanced Diploma of Marketing^ Bachelor of Business (Marketing) ^ This program has been renamed the Advanced Diploma of Marketing and Communication. Taking stock of a decade-long career in product management and consulting, Marcus Lee decided to return to study to focus on the things he loved most. I picked out all the things I really enjoyed doing and it all pointed to the broad umbrella of marketing. I chose RMIT because of its incredible global brand recognition. I know I can go anywhere in the world with my qualification.
Teaching, Facilities and Networks Designed for You
Driven by Passion and Purpose
Connected Peer Networks 5 Star Rating
Student Learning Advisor Mentors (SLAMs)
for Excellence
SLAMs are high-achieving business students who volunteer
to help new students in the College of Business with their — Employability
academic studies. They support students to achieve their best — Facilities
by sharing study techniques, time management strategies and — Teaching
discipline-specific knowledge and providing academic mentoring — Social Responsibility
in a friendly environment. www.rmit.edu.au/bus/slams
— Internationalisation
— Specialist Criteria
Business Students Association (BSA)
QS World University Rankings 2015
The BSA is a vibrant community where you can benefit from
professional development opportunities and social events. The
BSA is supported by the College of Business and the RMIT
University Student Union (RUSU) and is focused on creating a
vibrant social and professional community of business students. Today’s Programs Designed for
Membership is available to vocational education and bachelor
Tomorrow’s Careers
degree students. www.rmitbsa.com RMIT’s programs are designed with input from
current students, graduates, academics and industry
Student Ambassadors Program professionals to ensure you are prepared with the
required skills and depth of knowledge to enhance both
A volunteer program aimed at making the transition to studying
your learning experience and graduate employability.
at RMIT less challenging for new students. Become a College of
Business Student Ambassador and help to build a welcoming Recognition from accrediting bodies is another key
student community while developing your communication and part of the University’s commitment to ensure student
leadership skills. http://bit.ly/RMIT-Bus-Ambassador learning is in step with emerging trends. Professional
accreditation of our qualifications assures graduates
and employers of the quality and relevance of RMIT’s
programs to global future careers.
Keith Henneberry
Bachelor of Business (Accountancy)
I was looking for a hands-on learning environment to continue
my education and RMIT provided pathway options and an
opportunity for me to develop in a way that I couldn’t at other
institutions.
I am a volunteer for the Student Learning Advisor Mentors
(SLAMs), which offers a really positive learning environment.
The program allows me to help other students with their
studies, which is a rewarding and motivating experience.
4 Business
State-of-the-art,
Custom-built Facilities
B u s i n e s s s t u d e n t s h ave a c c e s s t o a v a r i e ty o f p u r p o s e - b u i l t s p a c e s t h a t
s h ow c a s e R M I T ’s i n n o v a t i ve a p p ro a c h t o e d u c a t i o n a n d t ra i n i n g , a n d a
c o m m i t m e n t to p ro v i d i n g b u s i n e s s s t u d e n t s w i t h j o b - re a d y s k i l l s .
RMIT Trading Facility The Agency
Where economics and finance students learn Works like a real agency, involving public
how to read and interpret live financial market relations and, marketing and communication
data provided by Thomson Reuters. students in all stages of a campaign from the
client brief, through to account services, media
Simulated Business Space planning, creative and production. Students
RMIT’s virtual enterprise or ‘practice firm’ execute campaigns
operates in conjunction with a mentor from a using the latest studio-quality technology.
real company. Business administration and
leadership and management students spend Behavioural Business Lab
time in this simulated corporate environment, Where experiments are conducted to
Most classes are held at
applying realistic business processes, while study human social behaviour relating to the Melbourne city campus
operating in a virtual economy. decision-making processes. in the SAB.
Find out more about the
award-winning Swanston
Academic Building on
page 31.
Business 5
Industry Engaged
Unique and Enriching Experiences
Through Industry Engagement
Work-integrated Learning (WIL) Courses Industry and Industry-based Projects
These are designed to enable you to apply classroom These involve problem-solving or research projects for
learning to realistic business challenges. organisations or other forms of substantial projects where
students work in conjunction with an industry partner.
Examples include:
For example, for the Virtual Global WIL Project public relations
— using a simulator students work with students from Ireland and the US for an
— working on real projects or in real workplaces international client, and logistics and international business
students work for a client in Seattle.
— working with industry mentors to gain practical skills
and knowledge
Cooperative Education Program
— working in teams and with industry to develop your
If you are a four-year business degree student, you will complete
problem-solving skills to confidently and effectively
tackle real-life problems. a compulsory work placement in industry. Placements are paid
positions and you are responsible for finding your own placement
Business Simulations based on your career aspirations and field of study. After completing
These replicate real-life situations in the teaching environment the placement, you will work on a major business design project
of RMIT. Examples include: in final year where you will explore a business problem and come
up with solutions that combine theory from two years of study with
— running a business in a virtual environment practical industry knowledge to demonstrate your overall growth in
— working on real projects for real clients in a simulated your area of specialisation.
communications agency
Want to complete your co-op placement overseas? Refer to the
— simulating financial trading by reading live financial market data in
Work-integrated Learning Overseas information on page 11.
the RMIT Trading Facility.
Employer Perspective
Global healthcare company GSK hosts cooperative
education program students, offering them a rich
variety of structured training and individual mentoring Degree students in accounting run a simulated
across a range of disciplines. company in a realistic marketplace against
competitor companies. This gives them a chance to
“One of the best aspects of an internship with GSK demonstrate their accounting knowledge and skills
is the large support network consisting of your fellow in strategic planning, decision-making, business
interns, colleagues and management staff. The skills performance evaluation and reporting.
you learn as a GSK intern are transferable across
many domains and will be with you for the rest of
Accountancy degree students analyse real-world
your life.”
scenarios, and apply their cost analysis and
David Fitz-Gerald management accounting knowledge to common
Recruitment Lead – South East Asia, Australia real-world business problems.
and New Zealand
Human resource management students will
develop their negotiation and advocacy skills in
industrial relations, with feedback from industry.
Vocational education students in international
business and logistics work on a global project
with Seattle North College. Students use Google
Apps, including Hangouts, to collaborate online
from classrooms in Melbourne and Seattle before
presenting to real industry clients in the USA.
6 Business
Work Placements
Short periods of employment or project work undertaken in industry
available to vocational education and degree students.
Vocational Education Work Placements
Ten to 15 day placements in industry in selected diplomas and
advanced diplomas.
Business Degree Internship Electives
These are elective courses where you work in industry one to two
days per week. They
— are designed to develop your soft skills and increase your overall
employability
— include preparation: applying, interview techniques, appropriate
work practices
— are normally unpaid positions in a variety of organisations
— can be undertaken in Australia or overseas, or as part of a global
mobility initiative.
RMIT International Industry Experience and Research
Program (RIIERP)
Live and work overseas on a six- to 12-month paid placement and
gain industry know-how abroad.
Emma Bradley
Find out more at www.rmit.edu.au/riierp
Bachelor of Business
Fastrack Innovation Program (Marketing) (Applied)
About to enter its 10th year, this program is designed to tap
into fresh thinking from students, inviting innovative
Emma chose to study marketing as
approaches to solving real, often complex, problems. Student
it combined her loves of business
teams have 13 weeks to work with mentors to develop and
management and visual communication.
present solutions, including a strategy for implementation – it’s what
She says the co-op year was the best part
we call fast-prototyping. The highly competitive program is open to
of her degree, giving her a competitive
undergraduate and postgraduate students as an elective course.
edge upon graduation.
The co-op work placement provides an opportunity to gain
valuable experience while studying and really makes RMIT’s
program stand out.
Fastrack Innovation Program
Sophie McDonald, Jake Allan and Ben Grant
participated in the Access to Justice Through
Technology Challenge, a partnership involving the
Centre for Innovative Justice, the RMIT Fastrack
Innovation Program, Victoria Legal Aid and the
community legal sector.
Business 7
Study Options
Choose Your Road to Success
Study Pathways Why Do VCE Extend?
After completing your qualification, no matter your level of study, — You will gain bonus ATAR points using university subjects as your
you may choose to enter the workforce or continue on to further fifth or sixth VCE subject.
study. For details of study pathways relevant to business
— You will receive credit towards university while studying VCE.
programs, please refer to the table on pages 36–37.
— Subjects are free.
Short Courses — You may receive an early offer to RMIT.
Short courses allow you to explore a passion, or study a full — Subjects are offered online or on campus at RMIT’s City campus.
award program in a different study mode. Application dates
Business-related subjects offered include economics,
vary. For more information about short courses visit
management, marketing and project management.
www.shortcourses.rmit.edu.au
For more information and to apply visit
VCE Extend – Study at University in Year 12 www.rmit.edu.au/students/vce-extension
RMIT offers high-achieving VCE students the chance to add
university subjects to their final year.
#1
RMIT ranked #1 in Victoria for excellence
in Student Employability and
Career Development
Source: Victorian International Education Awards 2015
#4
RMIT ranked in the top 4 universities
in Australia and top 10 worldwide for
graduate employment rates.
Source: QS World Employability Rankings 2016
Top 50
RMIT ranked in the top 50 worldwide for
partnerships with employers
Callan Delbridge
VCE Extend
Top 100
RMIT ranked in the top 100 worldwide for
employer reputation
Source: QS World Employability Rankings 2016
When I was in Year 10, I had a friend in Year 12 who was doing
higher ed studies at RMIT. I thought, ‘That’s pretty cool – being
in school and studying a university course. I want to do that.’
We learned the really technical stuff and theory plus put it into
practice.
388,000+
alumni living in
Most of our assignments involved group work and I met loads 131 countries
of other RMIT students. It was good to speak to them about
their other subjects and to learn from them.
8 Business
W h e n c h o o s i n g w h a t to s t u d y, y o u w i l l b e w e i g h i n g u p m a ny fa c t o r s . T h e s e m i g h t i n c l u d e l o c a t i o n ,
s t u d y m o d e , d u ra t i o n , p ro g ra m fe a t u re s a n d f l e x i b i l i t y o f t h e p ro g ra m s t r u c t u re . T h e re i s m o re
t h a n o n e w ay to re a c h yo u r c a re e r d e s t i n a t i o n . U s e t h e i n fo r m a t i o n b e l ow a n d i n d i v i d u a l p ro g ra m
l i s t i n g s i n t h i s b ro c h u re to g u i d e yo u r d e c i s i o n - m a k i n g .
Certificates, Diplomas and
Associate Degrees Bachelor Degrees
Advanced Diplomas
Teaching Traditional classroom plus — Traditional classroom learning. — Core courses studied alongside
Delivery flexible, blended delivery — Smaller class sizes than bachelor students from the same degree.
models. degree programs. — Large lectures plus problem-
solving sessions such as
workshops, tutorials, lectorials or
seminars.
Features Suited to: — Establish fundamental business — Three year: maximum flexibility to
theory before are undertaken study a second area of business.
— school leavers
specialised studies — Four year: focus on theory and
— people looking to change
— Two year program, or pathway applying that to a real workplace.
careers up-skill
into bachelor degree study. — Double degrees: combine two
— people with family or other
degrees in a condensed timeframe
commitments.
and increase your skills and career
options.
Industry Work on live projects with — Project-based work relating — Three year: business internship
Connections industry partners, simulations, to lean processes to optimise electives, case studies, project
case studies. business practice. work, Fastrack Innovation elective.
— Site visits to view innovation and — Four year: compulsory one-year
change processes directly. industry placement^; Fastrack
Innovation elective.
^ Double degree in Financial Planning/Accountancy
offers an optional six-month industry placement.
Global Mostly at advanced diploma Exchange with RMIT Vietnam. Global intensives, exchange,
Mobility level (six-month exchange). overseas internships and industry
placements.
Miles Sabatino
Advanced Diploma of International Business
Bachelor of Business (International Business)
I enjoy learning about the challenges of doing business globally
and about how different cultures have their own unique styles
and customs.
Progressing from the Advanced Diploma of International
Business into the Bachelor of Business (International Business)
was seamless because the skills I developed at the vocational
education level were immediately applicable to the degree.
Business 9
Program Structure
Bachelor of Business Degrees
Three-Year Degree
Four-Year Single Degree
(choose one path)
Bus Common Core x7 Bus Common Core x7 Bus Common Core x7 Bus Common Core x7
Year 1
Year 1
1st Business Major 1st Business Major 1st Business Major 1st Business Major
Bus Common Core Bus Common Core Bus Common Core Bus Common Core
1st Business Major 1st Business Major 1st Business Major 1st Business Major
1st Business Major 1st Business Major 1st Business Major 1st Business Major
1st Business Major 1st Business Major 1st Business Major 1st Business Major
Year 2
Year 2
1st Business Major 2nd Business Major Business Minor Business Minor
1st Business Major 2nd Business Major Business Minor Business Minor
1st Business Major 2nd Business Major 2nd Minor Elective
1st Business Major 2nd Business Major 2nd Minor Elective
1st Business Major 1st Business Major 1st Business Major
Work-integrated Learning
1st Business Major 1st Business Major 1st Business Major
1st Business Major 1st Business Major 1st Business Major
1st Business Major 1st Business Major 1st Business Major
Year 3
Year 3
Cooperative Education
Program
2nd Business Major Business Minor Business Minor
12-Month
2nd Business Major Business Minor Business Minor
Work Placement
in Industry 2nd Business Major 2nd Minor Elective
2nd Business Major 2nd Minor Elective
Major Design Project Bachelor of Business – First Major Choices
Major Design Project Four-Year Degrees Three-Year Degrees
Major Specialist — Economics and Finance — Accountancy
— Information Systems — Economics and Finance
Major Specialist
Year 4
— International Business — Entrepreneurship
Minor/Elective — Logistics and Supply Chain Management — Financial Planning
— Marketing — Human Resource Management
Minor/Elective — Professional Accountancy — Information Systems
Minor/Elective — International Business
— Logistics and Supply Chain Management
Minor/Elective
— Management
— Marketing
A Minor Note Second Majors and Minors
If you choose to study a minor (sequence of four courses), The availability of majors and minors varies between programs. For information about
you can choose from business and non-business fields of non-business minors and specific courses available in second majors and minors
study. Minors are offered in the following broad areas: please visit:
— business — www.tinyurl.com/RMIT-BBus-Minor (four-year degree)
— criminology — www.tinyurl.com/RMIT-BBus-Major (three-year degree).
— languages
When planning your studies, you are advised to visit the program webpage to check
— law and justice which elective and minor courses are offered each year.
— mathematics and statistics
NOTE: The economics and finance degrees consist of a 12-course major. Your
— professional communication remaining courses may be selected from electives (four-year degree) or from electives
— social science. or a business or other discipline minor (three-year degree).
10 BusinessGlobal Mobility
Transform Your World
C o m p l e t i n g a g l o b a l m o b i l i t y p ro g ra m c a n h e l p Global mobility options available to RMIT business
yo u to s t a n d o u t i n t h e j o b m a rk e t . students include:
RMIT offers a variety of options to ensure that while you study, and — global intensives
once you graduate, you will have explored your chosen discipline — First Year Study Tour
through a global lens. You will not only make friends and work — study abroad
across disciplines in teams and with industry and community
— student exchange
partners, but also get a head start in preparing for the globalised
world of work. — cross-campus study at RMIT Vietnam
— Cooperative Education Program international industry
Benefits placements
— Gain skills and deepen your knowledge through — RMIT International Industry Experience and Research
work-based experiences. Program (RIIERP)
— Learn first-hand about social and economic issues in — Global Entrepreneurship and Internship Program (GEIP).
another culture.
Find out more about international opportunities in the College of
— Live in another country and learn another language.
Business at www.rmit.edu.au/bus/international
— Earn credit towards your RMIT qualification.
— Generous funding available to eligible students.
— Emerge with confidence in your career direction and
study choices.
Work-integrated
Learning Overseas
Cooperative Education Program International
Placements
Did you know that 79 per cent of chief executives think
that knowledge and awareness of the wide world are more
important than high grades?*
Get a head start on your career by completing your co-op
placement overseas. Ten $7000 scholarships are available
for students as part of New Colombo Plan funding. You can
elect to complete either an eight-month or two four-month
internships. The placements will be in the largest city in
Indonesia: Jakarta.
Several start dates are available from January through March.
Find out more at http://bit.ly/RMITBusCoopJakarta
Global Entrepreneurship and Internship Program (GEIP)
The Global Entrepreneurship and Internship Program (GEIP)
Rachel Tyers
offers you a range of tailored international programs designed Bachelor of Business
to help you accelerate your career. (International Business) (Applied)
The programs are offered during the winter and summer breaks
and give you credit towards your degree, meaning you can
finish your degree earlier! Choose from the following streams:
social enterprise, entrepreneurship and internship. The international focus of the degree was important to me as I
believe that cultural awareness and knowledge are essential in
Programs are on offer to India, Indonesia, Singapore and Hong today’s global business landscape.
Kong and will soon be expanded to locations in North America I had the opportunity to complete two student exchanges, one
and Europe. Find out more at http://bit.ly/RMIT-GEIP to California and the other to Mexico. Both of these were
* The Global Skills Gap: Preparing young people for the new global economy, Think Global exciting opportunities to immerse myself in a new culture,
and British Council 2011 network and experience a different educational environment.
Business 11Accounting
BP313 | Bachelor of Business (Financial Planning) and Bachelor of Business
(Accountancy) double degree
4 years Melbourne Exchange
Study specialist areas relating to accounting, finance, investment and personal wealth full-time
management. You will be introduced to the regulatory and global influences relevant to the Global Intensive
financial services industry and develop an understanding of financial products, risk management Internship
and investment strategies that are essential to providing financial and accounting services to
clients. In the second half of this course, you will have the option of completing a work placement — www.cpaaustralia.com.au
while you study. — www.charteredaccountants.com.au
— www.publicaccountants.org.au
Pathways: See the table on pages 36–37 for study pathway options. — www.fpa.com.au
Selection mode: ATAR (Semester 1, 2016: Not published) — www.icaew.com
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp313
BP129 | Bachelor of Business (Professional Accountancy)
Complete major studies in accounting, and choose a minor or electives from business or other
disciplines including finance, business information systems, human resource management, 4 years Melbourne Exchange
communication, social justice and statistics. In third year you will complete a compulsory work full-time Global Intensive
placement in industry. The business design project completed in the final year is aimed at Internship
consolidating the theoretical and work experience components of the program. — www.cpaaustralia.com.au
Pathways: See the table on pages 36–37 for study pathway options. — www.charteredaccountants.com.au
Selection mode: ATAR (Semester 1, 2016: 80.25)
— www.publicaccountants.org.au
— www.accaglobal.com
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp129 — www.icaew.com
BP254 | Bachelor of Business (Accountancy)
Offers you the flexibility to choose a second business major or minor studies and electives
from business and other disciplines, depending on career or personal development goals. 3 years Melbourne Exchange
To meet the requirements for membership of the professional accounting bodies in Australia, full-time Indonesia Global Intensive
you will undertake specified accounting subjects. Part-time Vietnam Internship
Pathways: See the table on pages 36–37 for study pathway options. available
Selection mode: ATAR (Semester 1, 2016: 68.05) — www.cpaaustralia.com.au
— www.charteredaccountants.com.au
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp254 — www.publicaccountants.org.au
— www.accaglobal.com
— www.icaew.com
BP314 | Bachelor of Business (Financial Planning)
You will develop the professional skills needed to provide financial advice and accounting services
relating to personal financial planning, taxation, estate planning, insurance and investment 3 years Melbourne Exchange
planning. While the main aim of the program is to develop core skills to achieve a financial planner full-time Online Global Intensive
licence, you will also learn about the changing regulatory and legal environment in Australia. Internship
This program is also offered through Open Universities Australia – www.rmit.edu.au/oua — www.fpa.com.au
Pathways: See the table on pages 36–37 for study pathway options.
Selection mode: ATAR (Semester 1, 2016: Not published)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp314
Today’s Accountant T h e A u s t ra l i a n G ov e r n m e n t fo re c a s t s
t h a t e m p l oy m e n t p ro s p e c t s fo r
Accountants no longer just put in tax returns and perform the
a c c o u n t a n t s w i l l g row s t ro n g l y ov e r
technical aspects of the profession, they also now provide
t h e n e x t fo u r y e a r s , e x p e c t i n g t h e
advisory services.
c re a t i o n o f 3 1 ,0 0 0 n e w j o b s .
Accountants who possess skills relating to wealth Source: Australian Government Department of Education, Occupational
Employment Projections 2015
management, investment and tax advice can add value to
their existing client bases, and attract new clients seeking
a wider range of services to help them plan how to achieve
their financial goals.
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
12 Education Program, RIIERP or GEIP. See page 11)David Tobin
Bachelor of Business
(Professional Accountancy)
RMIT’s degree allows me to gain industry experience
while I complete my studies.
I undertook a 12-month cooperative education
placement with a chartered accounting firm. This
exposed me to the professional services market and
enhanced my problem-solving and analytical skills.
13Accounting
C5374 | Diploma of Accounting
C6148 | Advanced Diploma of Accounting Diploma Melbourne Exchange
National Curriculum Code: FNS50215 (Diploma), FNS60215 (Advanced Diploma) 1 year
Adv Dip
Diploma: Learn how to manage clients and prepare budgets and payroll, and develop 1 year
skills in financial forecasting, record-keeping and reporting while expanding your business
communication skills. You will also be introduced to tax and legal requirements relevant to
the financial services industry. — http://aat.org.au
— www.publicaccountants.org.au
Advanced Diploma: Deepen your knowledge of taxation, corporate law and financial reporting,
and demonstrate your understanding of accounting practices through industry-based projects.
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit
Diploma: www.rmit.edu.au/programs/c5374
Adv Diploma: www.rmit.edu.au/programs/c6148
C4362 | Certificate IV in Bookkeeping
National Curriculum Code: FNS40215
6 months Melbourne
Learn about accounting systems and functions, financial reports, policy and procedures, payroll
and Business Activity Statements (BAS). — www.icb.org.au
— http://aat.org.au
You can study bookkeeping and BAS Agent Registration skills as professional development
courses through RMIT Training. Visit www.shortcourses.rmit.edu.au
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/c4362
By successfully completing a diploma or advanced Top 5
diploma in accounting you can meet the minimum Top five occupations in the accounting, banking
educational requirements for registered tax agent and financial services sector in Australia:
and BAS services set by the national Tax
1. Accountants 188,100
Practitioners Board.
2. Accounting Clerks 137,400
By successfully completing the Certificate IV in
3. Bookkeepers 99,800
Bookkeeping you will have satisfied the educational
requirements set by the Tax Practitioners Board to 4. Finance Managers 64,600
practise as a BAS agent within Australia. 5. Bank Workers 60,200
Source: Australian Government Department of Education,
Job Outlook 2016
Trish Taveira
Certificate IV in Bookkeeping
Diploma of Accounting
Advanced Diploma of Accounting
Bachelor of Business (Accountancy)
Trish turned a small business start-up into a
successful career, starting with a certificate
qualification and progressing through to a
bachelor degree in a related field.
I chose to study at RMIT to gain the relevant knowledge and
training to help me with developing the next stage of my
business. The best thing about my study so far has been the
way lecturers adapt their teaching pace and delivery to suit the
students they have in their classes.
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
14 Education Program, RIIERP or GEIP. See page 11)Accounting and Financial Planning:
Multiply Your Career Options
R M I T ’s n e w d o u b l e d e g re e c o ve r s s p e c i a l i s t a re a s o f s t u d y re l a t i n g t o a c c o u n t i n g ,
financial planning and personal wealth management.
If you can’t decide between accounting This will set you up for a career in a wide range of
and financial planning, do both. The Bachelor roles including family and personal wealth advisory
of Business (Financial Planning)/Bachelor of services, superannuation, insurance, business and
Business (Accountancy) offers you specialised financial management and funds management,
studies across two disciplines, and includes as well as roles in financial and management
a six-month full-time internship option and accounting, auditing and assurance, and taxation.
work-integrated learning courses to
contextualise the theory and bring it to life. Upon completion you will be eligible to apply
for professional membership to peak financial
You will apply classroom learning to a realistic planning and accounting bodies, including
work context and have the option to supplement the Financial Planning Association of Australia
this with practical experience in your chosen field (FPA), CPA Australia and Chartered Accountants
to distinguish you in the employment market. Australia and New Zealand.
15Economics and Finance
BP313 | Bachelor of Business (Financial Planning) and Bachelor of Business
(Accountancy) double degree
Refer to page 12.
BP134 | Bachelor of Business (Economics and Finance) (Applied)
Learn to perform high-level financial and economic analysis. You will use the RMIT Trading Facility
where you will simulate trading using live financial data. A compulsory one year work placement 4 years Melbourne Exchange
prepares you for a broad range of occupations across the banking, stockbroking, insurance full-time Global Intensive
and superannuation industries by combining theory with practical experience. Internship
Pathways: See the table on pages 36–37 for study pathway options.
— www.finsia.com
Selection mode: ATAR (Semester 1, 2016: 80.00) — www.cpaaustralia.com.au
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp134
BP251 | Bachelor of Business (Economics and Finance)
Learn to perform high-level financial and economic analysis and gain an appreciation of the
complex finance industry by simulating trading using live financial data from Thomson Reuters. 3 years Melbourne Exchange
You will also be able explore studies in another discipline. Graduates are prepared for a range full-time Vietnam Global Intensive
of occupations across the banking, stockbroking, funds management, insurance and Part-time Internship
superannuation industries. available
Pathways: See the table on pages 36–37 for study pathway options.
— www.finsia.com
Selection mode: ATAR (Semester 1, 2016: 70.00) — www.cpaaustralia.com.au
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp251
BP314 | Bachelor of Business (Financial Planning)
Refer to page 12.
C4369 | Certificate IV in Banking Services
C5343 | Diploma of Financial Planning Cert IV Melbourne Exchange
National Curriculum Code: FNS42015 (Certificate IV), FNS50615 (Diploma) 6 months
Diploma
Certificate IV: Learn about financial products and services in order to give financial advice, and 1 year
develop skills in client service. The certificate includes courses that meet knowledge and skills full-time
requirements set by the ASIC Regulatory Guide 146 (RG146). Tier 2 compliance is required in
order to provide general advice.
Diploma: Expand your understanding of the financial services industry, products and legislation.
Further develop skills in client service, financial planning, retail financial services and compliance
advisory services as you prepare for a career in financial services and money management.
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit
Certificate IV: www.rmit.edu.au/programs/c4369
Diploma: www.rmit.edu.au/programs/c5343
Dianne Caday
Diploma of Financial Planning
Bachelor of Business (Economics and Finance) (Applied)
After working in the banking industry
for several years, Dianne Caday decided
to expand her expertise with a formal
qualification that would allow her to
focus on a career as a financial planner.
I decided to go back to university to study financial planning as
a pathway into a degree in economics and finance. I chose
RMIT because of the hands-on program that enabled me to
really develop my financial and analytical skills.
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
16 Education Program, RIIERP or GEIP. See page 11)Julian Wilson
Bachelor of Business
(Economics and Finance) (Applied)
I wanted to study economics and finance to gain an
understanding of how and why global markets interact to
benefit society. I am currently an intern at the National
Australia Bank and in the future I hope to work with financial
markets to create strategies that mitigate risk.
I participated in Gama-dji orientation week coordinated by
the Ngarara Willim Centre. This vital program allows
indigenous students to meet each other and create
friendships before the semester begins.
17Entrepreneurship
BP030 | Bachelor of Business (Entrepreneurship)
Graduates will have the skills and knowledge to start their own venture, add value to small to
medium enterprises, work in corporate environments to pitch and stress test ideas and solutions, 3 years Melbourne Exchange
and participate in innovative problem solving for government and not-for-profit organisations. You full-time Vietnam Global Intensive
will be able to pursue studies in business or other selected disciplines to suit your career goals. Part-time Internship
available
Pathways: See the table on pages 36–37 for study pathway options.
Selection mode: ATAR (Semester 1, 2016: 68.00)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp030
BH109 | Bachelor of Engineering (Electrical and Electronic Engineering)
(Honours) and Bachelor of Business (Entrepreneurship) double degree
5 years Melbourne Exchange
Electrical and electronic engineers deliver products and services that improve quality of life full-time
for communities. Learn how electricity and electronics work, and how to build devices while Global Intensive
developing skills to manage and grow businesses. Part-time Internship
available
Selection mode: ATAR (Semester 1, 2016: 81.35)
— www.engineersaustralia.org.au
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bh109
Entrepreneurship and RMIT Business Skills for Start-ups
RMIT recognises that students today want more from their career than just a This elective, delivered flexibly over one
salary – they also want to contribute positively to the world with specialised semester or in fast-track mode, is designed
skills and knowledge. You may want to use the business skills and knowledge for students interested in starting up their
developed during your studies to launch your career and become a business own business, covering the stages from
leader, or to create jobs and opportunities for others. concept through to launch.
The College of Business encourages an entrepreneurial mindset from day one. You will:
It’s embedded in everything we do, whether you choose to study marketing, — learn the foundations of small business,
management, accounting or information systems. By learning through including legal, financial, regulatory,
continuous feedback and collaboration, you will become more agile in your marketing and operational requirements
approach to problem solving while building your business capabilities to be a — undertake industry and market research
future change-maker. — interact with entrepreneurs
— gain feedback from peers, industry and
RMIT trainers
Intrapreneurship Entrepreneurship — develop a business proposal
Intrapreneurs share similar traits with Entrepreneurship involves innovation,
— learn about pitching and profiling
entrepreneurs, but they are usually the confidence to take calculated
techniques
employed by an organisation to risks, and creativity. An entrepreneur
bring fresh insights and test ideas takes risks as an owner or operator — gain knowledge and skills to launch their
based on the business objectives of of a business, with expectations of own venture or to take on contract work
their employer or a project leader. financial profit or other rewards or and consulting.
They look out for opportunities, returns, and will be able to look at Offered to undergraduate students from any
and this approach is a key method things in novel ways and accept discipline at RMIT, this practical, project-
used by companies and brands to failure as a learning point. based course focuses on entrepreneurship,
reinvent themselves. and product and service innovation for a real
or simulated small business concept. By the
end of the course you will have applied your
knowledge to develop marketing and financial
plans as part of your Business Canvas, the
blueprint to manage and grow your own
entrepreneurial venture.
w w w. r m i t .e d u . a u / e n t e r p r i s e
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
18 Education Program, RIIERP or GEIP. See page 11)Nathan Field Bachelor of Business (Entrepreneurship) The entrepreneurship degree appealed to me as a program that could provide me with the comprehensive array of tools required to develop an entrepreneurial mindset. Being in the heart of Melbourne, RMIT was a practical, open and welcoming place to experience university life.
Information Systems
BP138 | Bachelor of Business (Information Systems) (Applied)
Learn how to analyse, design and build sophisticated business information systems by
merging IT skills with business knowledge. Major studies include business information 4 years Melbourne Exchange
systems development, analysis and design. In third year you will complete a compulsory full-time Vietnam Global Intensive
work placement in industry. The business design project completed in the final year is aimed Internship
at consolidating the theory and your experience in the workplace.
— www.acs.org.au
Prerequisites: Units 3 and 4 – a study score of at least 25 in any English (except EAL) or at least 30 in English (EAL).
Pathways: See the table on pages 36–37 for study pathway options.
Selection mode: ATAR (Semester 1, 2016: Not published)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp138
BP308 | Bachelor of Business (Information Systems)
Learn how to analyse, design and build sophisticated business information systems by merging
IT skills with business knowledge. Major studies include business information systems design, 3 years Melbourne Exchange
development and analysis, data management, analytics, and impact management, strategy and full-time Global Intensive
governance relating to an organisation’s information systems. Part-time Internship
Prerequisites: Units 3 and 4 – a study score of at least 25 in any English (except EAL) or at least 30 in English (EAL). available
Pathways: See the table on pages 36–37 for study pathway options.
Selection mode: ATAR (Semester 1, 2016: 65.55)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp308
What do information systems Career Outcomes
professionals do? — Business analyst
Information systems professionals focus on the people and — Data or systems analyst
business processes of an organisation. — Database designer and administrator
— Programming and software support officer
They address challenges and develop solutions relating to
the use of technology to collect, process, store, analyse and — Infrastructure and network manager
distribute information. — Systems architect
Orkhan Suleymanov
Bachelor of Business (Information Systems)
The Bachelor of Business (Information Systems) is a unique
program that teaches students to use business knowledge
and IT skills in order to solve real-world problems and
create new opportunities.
My lecturers and tutors are passionate about the course
content and are always ready to offer assistance.
I volunteered as a Student Learning Advisor Mentor (SLAM),
which improved my communication and leadership skills
and allowed me to make some great friends.
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
20 Education Program, RIIERP or GEIP. See page 11)Ella Henschke
Bachelor of Business
(Information Systems) (Applied)
For Ella, the key reason she
chose to study at RMIT was the
work-integrated learning year.
The work-integrated learning year was the
most valuable aspect of this degree. It
allowed me to apply my skills in the
workforce and gain real experience, making
me highly employable upon graduation.
21International Business
BP027 | Bachelor of Business (International Business) (Applied)
Develop skills to manage, analyse and interpret the complex nature of global organisations
through studies across a broad range of business areas. In third year you will complete a 4 years Melbourne Exchange
compulsory work placement in industry. The business design project completed in the final full-time Global Intensive
year is aimed at consolidating the theoretical and work experience components of the program. Internship
Pathways: See the table on pages 36–37 for study pathway options.
Selection mode: ATAR (Semester 1, 2016: 80.15)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp027
BP253 | Bachelor of Business (International Business)
Complete major studies in studies in global marketing, international human resources, global
entrepreneurship, strategic management, global political economy, and culture and business 3 years Melbourne Exchange
practice in Asia. You can combine your studies with a major or minor sequences in business full-time Vietnam Global Intensive
or selected other disciplines to prepare for a diverse range of career options in profit or Part-time Internship
not-for-profit organisations. available
Pathways: See the table on pages 36–37 for study pathway options.
Selection mode: ATAR (Semester 1, 2016: 67.30)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp253
C5372 | Diploma of International Business
C6144 | Advanced Diploma of International Business Diploma Melbourne Exchange
National Curriculum Code: FNS50815 (Diploma), 22279VIC (Advanced Diploma) 1 year
Adv Dip
Diploma: Understand the exchange of goods and services between countries and the 6 months
resources required from manufacturing through to marketing. Your studies will cover key
aspects of international business including finance, human resources, international
marketing and forecasting, and sourcing and procurement. — www.export.org.au
Advanced Diploma: Learn about business-to-business marketing, transport and logistics,
e-business, international trade compliance and business processes, and strategic planning.
Graduates will emerge with the ability to build client relationships and perform in supervisory
and managerial positions in all sectors of international business, including government
departments and profit and not-for-profit organisations.
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit
Diploma: www.rmit.edu.au/programs/c5372
Adv Diploma: www.rmit.edu.au/programs/c6144
Vasileia Maria Papayianneris
Diploma of International Business
Studying a vocational education program really
suits my learning style as I enjoy the smaller class
sizes and the personalised teaching style. I now have
an in-depth knowledge of the world of international
trade and a much deeper understanding of where
this program can take me.
I chose RMIT because it offers different study
pathways and helps to facilitate the transition from
vocational education to higher education.
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
22 Education Program, RIIERP or GEIP. See page 11)Tapiwa Matimba
Bachelor of Business (International Business)
I chose to study international business because I wanted to
understand the frameworks, institutions and processes that
enable businesses to operate in an increasingly globalised
and interconnected world. The program is multi-faceted and
structured in a way that introduces students to theoretical
and practical frameworks.
I have gained leadership skills and developed my
interpersonal skills from my involvement with student
associations, extracurricular activities and interactions with
fellow students.
Career Options
Graduates are typically employed in:
— the finance industry
— marketing or public relations industries
— logistics import/export industries
— consultancies advising on trade-related issues
— allied industry bodies involved in agriculture, mining,
telecommunications, manufacturing, transportation,
banking, advertising and tourism
— government departments and authorities involved
in trade facilitation, diplomatic and foreign affairs,
economic research, international relations and
national promotional activities.
23Management, Business
and Administration
BP276 | Bachelor of Business (Human Resource Management)
Offers you the flexibility to choose a second business major or minor studies and electives
from business and other disciplines, depending on career and personal development 3 years Melbourne Exchange
goals. Specialised career paths include employment relations, industrial relations, workplace full-time Global Intensive
health and safety, negotiation and advocacy, strategic management, human resource Part-time Internship
management (HRM) and human performance management (HPM). available
Pathways: See the table on pages 36–37 for study pathway options. — www.ahri.com.au
Selection mode: ATAR (Semester 1, 2016: 67.35)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp276
BP217 | Bachelor of Business (Management)
RMIT’s program focuses on contemporary issues in leadership and management, critical and
innovative management, leadership and change in a global context and socially responsible 3 years Melbourne Exchange
management. The program is designed to offer flexibility to choose a second business major full-time Indonesia Global Intensive
or minor studies and electives from business and other disciplines, depending on career and Part-time Vietnam Internship
personal development goals. available
Pathways: See the table on pages 36–37 for study pathway options. — www.aim.com.au
Selection mode: ATAR (Semester 1, 2016: 67.80)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/bp217
AD010 | Associate Degree in Business
This program refines your professional skills and knowledge across fundamental business
theory and practices to prepare you for specialised studies. Project-based work focuses on 2 years Melbourne Exchange
lean process methods that are used to optimise change processes and improve business full-time
performance in all industries.
Pathways: See the table on pages 36–37 for study pathway options.
Selection mode: ATAR (Semester 1, 2016: 60.05)
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/ad010
C6143 | Advanced Diploma of Leadership and Management
National Curriculum Code: BSB61015
1 year Melbourne
Enhance your management knowledge through studies in human resources, risk management, full-time
innovation, continuous improvement and organisational leadership. This program is suited to
people who have substantial experience in a management role and are seeking to enhance their — www.aim.com.au
strategic leadership skills to progress their career.
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/c6143
Double Up
RMIT’s range of double degrees will broaden your education, increasing your skills and career opportunities. You’ll work across different
disciplines and industries, which will give you more options and expertise when you graduate.
Double degrees usually take only one more year to complete than a single degree.
Double degrees with business programs:
BP313 | Bachelor of Business (Financial Planning) and Bachelor of Business (Accountancy)
BH083 | Bachelor of Engineering (Electrical Engineering) (Honours) and Bachelor of Commerce
BH109 | Bachelor of Engineering (Electrical and Electronic Engineering) (Honours) and Bachelor of Business (Entrepreneurship)
BH110 | Bachelor of Engineering (Electrical and Electronic Engineering) (Honours) and Bachelor of Business (International Business)
BP161 | Bachelor of Environmental Science and Bachelor of Business (Management)
BP305 | Bachelor of Science (Applied Science) and Bachelor of Business (Management)
BP289 | Bachelor of Science (Food Technology) and Bachelor of Business (Management)
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
24 Education Program, RIIERP or GEIP. See page 11)Sahej Gabbi
Bachelor of Business
(Human Resource Management)
The course content is interesting and very
relevant to the modern business environment.
But the best thing about studying this
program was the opportunity to build positive
relationships with lecturers, tutors and fellow
students. We all shared a passion for human
resources and their support and enthusiasm
greatly contributed to my success.
There are many opportunities to get involved.
I was part of the executive team for the HRM
Student Association. This helped me gain
valuable interpersonal and time management
skills and to build my professional networks.
90 per cent Employment
N i n e ty p e r c e n t o f b u s i n e s s a n d
m a n a g e m e n t d e g re e g ra d u a te s
w h o we re s e e k i n g f u l l - t i m e w o rk
we re e m p l o ye d w i t h i n fo u r m o n t h s
of completing their studies.
Source: 2013 Australian Graduate Survey
25Natasza Purser
Advanced Diploma of Leadership and Management
I have plenty of practical experience in managing
teams but wanted to learn about the theories
behind what makes an effective and strong
leader. The program has both consolidated and
added to my previous knowledge and
experience and taught me a lot about how to
support and develop my staff and myself.
The blended delivery of the program and central
location of RMIT’s City campus allowed me to fit
my study around my family and working life.
Vo c a t i o n a l e d u c a t i o n g ra d u a t e s
who studied management and
c o m m e rc e e a r n e d t h e f i f t h h i g h e s t
ave ra g e s a l a r y a c ro s s a l l i n d u s t r i e s
i n A u s t ra l i a i n 2 01 5.
Source: Government-Funded Student Outcomes, National Centre for
Vocational Education Research (NCVER)
26Management, Business
and Administration
C5358 | Diploma of Business
National Curriculum Code: BSB51915
1 year Melbourne
Gain knowledge across a range of business functions to prepare for a career that requires a broad full-time
understanding of business operations and skills in business communication. Your studies focusing
on communication with customers, personal effectiveness, and business planning and continuity
will be complemented by work-related projects that allow you to apply your knowledge and
demonstrate your ability to function effectively in a business role.
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/c5358
C5338 | Diploma of Leadership and Management
National Curriculum Code: BSB51915
1 year Melbourne
Develop a range of leadership and management skills, including effective workplace and people full-time
management. Delivery options cater for school leavers and current working managers who can
integrate learning activities within the context of the workplace. — www.aim.com.au
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/c5338
C5375 | Diploma of Business Administration
National Curriculum Code: BSB50415
1 year Melbourne Exchange
Learn how to manage complex administrative practices and develop skills to operate an effective
work environment. As part of your studies, you will understand how planning and team leadership
contribute to workplace and organisational success and operate RMIT’s virtual enterprise in
conjunction with a mentor from a real-life company.
The diploma is delivered on-campus and in blended mode. Blended delivery requires you to be
currently in work to participate in workplace-specific projects. For the on-campus mode, you can
undertake a practical work placement in industry.
Pathways: See the table on pages 36–37 for study pathway options.
For details about entry requirements and prerequisites visit www.rmit.edu.au/programs/c5375
Five reasons to study an Associate Degree in Business
RMIT graduate Jane Allison discovered that starting her studies with an associate degree turned
out to be a better pathway to advancing her career and clarifying her goals. Jane shares her top
five reasons to study business at RMIT.
1. Versatility 4. Supported learning
“Studying business opens many different career “It’s a really supportive environment – you know
doors. Being able to study a variety of courses your teachers and they know you by name.”
in the Associate Degree in Business is ideal for
For extra support, students can access the
those who have yet to pinpoint their niche area.”
Student Learning Advisor Mentors (SLAMs)
2. It’s about people program. “I used the service and later offered
“Relationships and people are a big part of assistance to students studying Organisational
Behaviour, a course that I found daunting during Joseph Pinkard talks about
business. There are many areas of business
my first year.” community involvement
– understanding the different divisions and
and raising money for the
how they all come together, coupled with
5. Creativity Red Cross as part of
good communication skills – that will help
“It’s a structured yet dynamic program that his Diploma of Business
grow those relationships.”
allows students to learn creatively. The program Administration studies.
3. Real-world preparation design encourages students to explore all areas
“In the classroom we were given real-life of business to find what suits them best.”
scenarios. We would work as a team
To see the full article visit
and present our findings as you would in a http://tinyurl.com/
http://bit.ly/RMIT-GiveMe5-Business
business environment. I enjoyed this practical RMIT-Joseph-BusAdmin
style of learning.”
= Study duration = Study location = International opportunities (internships may include the Cooperative = Professional recognition
Education Program, RIIERP or GEIP. See page 11) 27You can also read
