2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...

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ANU College of
Business and
Economics
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Australia’s finest				 4
           Connect, Impact, Inspire			                6

CONTENTS   Most employable graduates
           Explore your world				10
                                                      8

           Study options					12
               Bachelor of Accounting			             14
               Bachelor of Actuarial Studies		       15
               Bachelor of Business Administration		 16
               Bachelor of Commerce			               17
               Bachelor of Economics			              26
               Bachelor of Finance				               27
               Bachelor of Finance, Economics
               and Statistics (Honours)			           30
               Bachelor of International Business		  32
               Bachelor of Statistics			             34
               Bachelor of Social Sciences (Honours
               in Actuarial Studies and Economics)		 39
           Life at ANU					40
           How to apply					48

                                            2018 Undergraduate Guide   3
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Australia’s
                                                      For over 70 years, the Australian National University (ANU)
                                                      has worked to realise the ambitions of its visionary founders
                                            Why ANU                              Why ANU
                                                      to become Australia’s finest research institution.
                                                      We now invite you to join our community of world-leading

    Finest
                                                      academics, alumni and students who make us Australia’s
                                                      #1 university, and #22 in the world*.
                                                      Our mission is to provide Australia with intellectual
                                                      leadership on critical issues. Our influence in global research
                                                      and teaching has made us Australia’s most international
                                                      university, and our dedication to our students has made
                                                      them Australia’s most employable graduates.
                                                      We are committed to excellence in our education, our
                                                      student cohort, outcomes and experience.
                                                      You are committed to better outcomes for your community,
                                                      the environment, our nation and the world.
                                                      Embrace your global citizenship in our inclusive, open and
                                                      respectful community. Learn from research as it happens,
                                                      create in our state-of-the-art facilities, unlock your future
                                                      and change the world.

                                                          A U S T R A L I A’ S                    Ranked #1 in
                                                                                                  Australia for
                                                          #1 RANKED
                                                                                                  Business &
                                                          UNIVERSITY                              Economics
                                                             * Q S Wo r l d U n i v e r s i t y
                                                              R a n k i n g s 2016–2017           Times Higher Education
                                                                                                  Wo r l d University Rankings
                                                                                                    2016–2017 by subject

4   ANU College of Business and Economics                                                                                        2018 Undergraduate Guide   5
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Connect
    to a global network of researchers and industry

    Impact
    society at large

    Inspire
    the changes you want to see in the world...

    at the ANU College of
    Business and Economics
    We are proud to be part of the Australian National University, which is the nation’s finest. Our
    unique mission, as the national university, is to address major issues of national and international
    importance through our research and teaching. We take that mission very seriously.
    Our focus, within the College of Business and Economics (CBE), is on developing
    leaders who transform business, society and economies.
    The strength of our international reputation attracts exceptional students from
    Australia, the Asia–Pacific­and beyond. We offer every student the opportunity
    to develop their strengths and the space to decide how they will make their
    future mark in the world.
    Our undergraduate degree programs cover a wide spectrum of subject areas
    within business and economics. Students have great flexibility in their study
    options, and can study most of our degrees as part of a combined program
    with other degrees, either within the college or elsewhere at ANU.
    Supported by a dynamic team of academic and professional staff,
    students are offered a full suite of engaged learning opportunities to
    increase their employability and globalise their education
    experience.
    Through their studies, our graduates gain the knowledge
    and skills to lead organisations, develop public policy,
    create new companies and undertake research. Our
    alumni may be found in the world’s leading companies,
    policy agencies and universities.

6    ANU College of Business and Economics                                                                 2018 Undergraduate Guide   7
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Most
    employable
    graduates*
    *Times Higher Education’s Global University Employability Ranking 2016

    At CBE, we take your success very seriously
    We are delighted that you are considering the ANU College of Business and Economics as a partner          Victor Wang
    on your educational journey. We are proud of our world-class engaged learning programs, which             Bachelor of Commerce and Law
    ensure that students leave ANU fully equipped to succeed in the professional sphere.                      Intern with Invest Canberra
                                                                                                              presented market research

    MomentuM                                                                                                  on China, US and
                                                                                                              Singapore export
                                                                                                              market opportunities
    Developed in collaboration with industry experts, MomentuM is CBE’s flagship professional
    development program.
    MomentuM develops employability and soft skills, essential for job market readiness.
    Get mentored by professionals who will share first-hand insights into how to thrive in today’s business
    world, giving you the competitive edge.

    CBE Internship Program
    Take an internship with the award-winning CBE Internship Program.
    The internship program gives students an opportunity to undertake an internship in either Semester 1
    or Semester 2 as an elective for course credit. Each internship is project-based with deliverables set
    out in an agreement between the intern, workplace supervisor and academic supervisor.

8    ANU College of Business and Economics                                                                                                   2018 Undergraduate Guide   9
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
China, UK,
                                             Korea, Russia,
                                             Slovenia, Italy,
                                             USA or India
Explore                                         China, UK,
                                             Take your education to the
                                             next level on an in-country
                                                Russia, Italy,
your
                                             intensive study tour.

                                                India, USA
                                             The CBE Global Business Immersion study tours expose you to the
                                             business environment in selected country where you will gain an
                                             understanding of the cultural and historical dimensions that shape

world
                                             business practice.

                                                South Korea
                                             Grow personally and professionally through a program designed to
                                             develop in-demand skills valued by global employers, such as
                                             leadership, management, marketing, entrepreneurship and

                                                or Slovenia
                                             international business.

                                                Take your education to the
                                                next level on an in-country
                                                intensive study tour.
                                                The CBE Global Business Immersion study tours expose you to the
                                                business environment in a selected country where you will gain an
                                                understanding of the cultural and historical dimensions that shape
                                                business practice.
                                                Grow personally and professionally through a program designed to
                                                develop in-demand skills valued by global employers, such as
                                                leadership, management, marketing, entrepreneurship and
                                                international business.

10   ANU College of Business and Economics                                                               2018 Undergraduate Guide   11
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Study options

12   ANU College of Business and Economics               2018 Undergraduate Guide   13
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Bachelor of Accounting                                                                                                                                    Bachelor of Actuarial Studies
     ANU program code: 3406         UAC code: 13350        CRICOS code: 079653K          Duration: three years full-time                                       ANU program code: 3401          UAC code: 134403         CRICOS code: 028147F        Duration: three years full-time

     The Bachelor of Accounting is designed to develop your knowledge and skills                                                                               Actuaries combine skills from mathematics, statistics, economics and finance
     in reporting, analysing and managing financial resources in business and                                                                                  to assess, evaluate and manage future financial risk, thereby addressing a wide
     government entities.                                                                                                                                      range of practical problems in long-term financial planning and management.

       Program structure                                                                                                                                         Program structure
     The program consists of 24 courses,                      –– Management Accounting                                 –– Corporate Social Responsibility,     The program consists of 24 courses,                       –– Macroeconomics 1 or                                ––    Risk Theory
     of which:                                                –– Company Accounting                                       Accountability & Reporting           of which:                                                    Economics 1(H)                                     ––    Credibility Theory
                                                              –– Accounting Theory                                                                                                                                       –– Macroeconomics 2 or                                ––    Life Contingencies
     >> a maximum of 10 courses can be                                                                          >> a minimum of one elective course            >> a maximum of 10 courses can be
                                                                                                                                                                                                                            Economics 2(H)                                     ––    Actuarial Techniques
        taken at level 1000 (first-year classes)         >> two courses from the following:                        from List 1 of the ANU College of              taken at level 1000 (first-year classes)
                                                                                                                   Business and Economics                                                                                –– Quantitative Research Methods
     >> a minimum of 14 courses must                        –– Law of Business Entities                                                                        >> a minimum of 14 courses must                                                                            >> two elective courses from within
                                                                                                                                                                                                                         –– Introductory
        be taken at levels 2000 and 3000                    –– Financial Statement Analysis                     >> eight elective courses, which can be           be taken at levels 2000 and 3000                                                                           the ANU College of Business
                                                                                                                                                                                                                            Mathematical Statistics
        (second and third-year classes).                    –– Accounting Information Systems                      taken from any ANU college.                    (second and third-year classes).                                                                           and Economics
                                                                                                                                                                                                                         –– Regression Modelling
     The 24 courses must include:                        >> three courses from the following list:              *The minor in Business and Economics           The 24 courses must include:                              –– Financial Mathematics                         >> eight elective courses, which can be
                                                                                                                Essentials comprises the core                                                                                                                                taken from any ANU college.
     >> the four courses that comprise                      –– Auditing                                                                                        >> 14 compulsory courses as follows:                      –– Introduction to
                                                                                                                courses, Business Reporting & Analysis,
        the minor in Business and                           –– Advanced                                         Macroeconomics 1, Microeconomics 1                                                                          Stochastic Processes
                                                                                                                                                                  –– Business Reporting & Analysis
        Economics Essentials*                                   Management Accounting                           and Quantitative Research Methods. As a                                                                  –– Survival Models
                                                                                                                compulsory component of the Bachelor of
                                                                                                                                                                  –– Microeconomics 1
                                                            –– Public Sector Accounting
     >> the following six compulsory courses:                                                                   Accounting, the minor will not be separately
                                                            –– Financial Reporting                              listed in your academic transcript.
        –– Accounting Processes & Systems
                                                                by Corporations
        –– Introduction to Commercial Law
                                                            –– Principles of Tax Law                                                                             Career options                                                                  Typical full-time pattern of study
        –– Foundations of Finance
                                                                                                                                                               There are many attractive career opportunities for fully qualified           Bachelor of Actuarial Studies meeting the Part I and Part II
                                                                                                                                                               actuaries in Australia. Actuaries may apply their skills in insurance,       requirements of the Actuaries Institute
                                                                                                                                                               superannuation, investment banking and finance, government, and
                                                                                                                                                               a wide variety of other areas where quantitative skills are valued.           Year      Semester 1                        Semester 2
       Career options                                                                   Typical full-time pattern of study
                                                                                                                                                               Typical roles that utilise actuarial skills are in liability valuation,       1         Microeconomics 1                  Mathematical Foundations for
     Accounting is an integral part of all businesses and accountants             Meeting professional accounting requirements                                 risk management and data analytics. Actuaries also work as                              Business Reporting & Analysis     Actuarial Studies
     are constantly in demand. With continuing high global demand for                                                                                          consultants, providing advice on financial decisions to both private                    Foundations of Finance            Corporate Finance
     qualified accountants, graduates of the Bachelor of Accounting                 Year    Semester 1                        Semester 2                       and commercial clients.                                                                 Quantitative Research             Macroeconomics 1
     have a wide range of employment opportunities working in the                   1       Business Reporting &              Macroeconomics 1                 Many actuaries move into high-level administrative and senior                           Methods                           University elective
     public and private sectors.                                                            Analysis                          Accounting Processes & Systems   managerial positions, reflecting the strong interdisciplinary nature of       2         Introductory Mathematical         Macroeconomics 2
     Some of the roles available to a qualified accountant are: financial                   Microeconomics 1                  Introduction to Commercial Law   the profession, which mixes theoretical skills with sound practical                     Statistics                        Life Contingencies
     officer, auditor, tax accountant, management accountant,                               Quantitative Research             List 1 elective course           knowledge.                                                                              Regression Modelling              Introduction to Stochastic
     consultant and business risk analyst. Accounting graduates from                        Methods                                                                                                                                                    Financial Mathematics             Processes
     ANU have secured roles in large accounting firms, government                           Foundations of Finance                                                                                                                                     Derivatives                       University elective
     departments, banking and finance organisations, and large                      2       Company Accounting                Management Accounting
     corporations.                                                                          Management & Strategy
                                                                                            Law of Business Entities
                                                                                                                              Accounting Information Systems
                                                                                                                                                                 Professional accreditation                                                  3         Investments                       Credibility Theory
                                                                                                                              2 x elective courses                                                                                                     Continuous Time Finance           Actuarial Techniques
                                                                                            2 x elective courses
                                                                                                                                                               To meet Part I of the professional requirements of the Actuaries                        Risk Theory                       2 x university electives
                                                                                    3       Accounting Theory                 Principles of Taxation Law       Institute in Australia, you must complete eight core technical
       Professional accreditation                                                                                                                                                                                                                      Survival Models
                                                                                            Auditing                          Accounting Major 3000-level      (CT) subjects that correspond with 14 ANU courses which are                   4         Actuarial Studies (Honours)
                                                                                            2 x elective courses              Course*                          accredited by the institute. An average grade of 60 per cent must
     A Bachelor of Accounting student can undertake a sequence                                                                                                                                                                                         (Honours study is recommended for Part II accreditation)
                                                                                                                              2 x elective courses             be achieved across the ANU courses corresponding with each CT
     of courses that meets tertiary education requirements for direct
     entry into the professional programs of the accounting bodies in                                                                                          subject in order to be recommended for the Part I exemptions. For            The ANU Bachelor of Actuarial Studies (Honours) is fully accredited
                                                                                  *3000-level Accounting Course must be chosen from BUSN3003 Advanced          full details on the Part I exemption policy, visit:                          by the Actuaries Institute to provide students with exemptions,
     Australia. Students wishing to discuss the sequence should contact
                                                                                  Management Accounting, BUSN3006 Public Sector Accounting, BUSN3008
     the college office for details or refer to the following link:                                                                                            cbe.anu.edu.au/about/professional-organisations-                             subject to obtaining sufficiently high grades in designated courses.
                                                                                  Financial Reporting by Corporations or BUSN3017 Corporate Social
     cbe.anu.edu.au/professional-organisations-accreditation                      Responsibility, Accountability & Reporting.                                  accreditation/actuaries-institute-australia/exemption-policy/
                                                                                  Students in the combined program with Law should note they cannot take       Part II requirements of the institute can be met by an additional
                                                                                  the courses Introduction to Commercial Law, Law of Business Entities and     fourth year of study in the college, usually in the form of an honours
                                                                                  Principles of Tax Law towards the requirements of the Accounting major, if   year. We also offer two courses that contribute to the Part III
                                                                                  they have undertaken equivalent courses in the ANU College of Law.           Enterprise Risk Management Course 7A, which can be taken
                                                                                                                                                               during the honours year. Interested students should contact the
                                                                                                                                                               ANU College of Business and Economics.

14     ANU College of Business and Economics                                                                                                                                                                                                                                                2018 Undergraduate Guide    15
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Bachelor of Business Administration                                                                                                                      Bachelor of Commerce
     ANU program code: 3410         UAC code: 133403      CRICOS code: 062745A          Duration: three years full-time                                       ANU program code: 3400          UAC code: 133003        CRICOS code: 002289F      Duration: three years full-time

                                                                                                                                                              The Bachelor of Commerce includes courses in core areas such as business
     The Bachelor of Business Administration develops students’ leadership and
                                                                                                                                                              reporting, economics, quantitative methods and techniques, and communication
     management skills.
                                                                                                                                                              for business.

       Program structure                                                                                                                                        Program structure
     The program consists of 24 courses,                    –– Management, People &                                  –– Quantitative Research Methods         The program consists of 24 courses,                  >> an eight-course major from the                      *The minor in Business and Economics
     of which:                                                 Organisations                                                                                  of which:                                               following list:                                     Essentials comprises the core courses,
                                                                                                                >> four elective courses from within
                                                            –– Communication for Business                                                                                                                             –– Accounting                                       Business Reporting & Analysis,
     >> a maximum of 10 courses can be                                                                             the ANU College of Business                >> a maximum of 10 courses can be
                                                            –– International Business                                                                                                                                 –– Business Information Systems**                   Macroeconomics 1, Microeconomics 1
        taken at level 1000 (first-year classes)                                                                   and Economics                                 taken at level 1000 (first-year classes)
                                                                                                                                                                                                                                                                          and Quantitative Research Methods. As
                                                            –– Human Resource Management &                                                                                                                            –– Corporate Sustainability
     >> a minimum of 14 courses must                                                                            >> eight elective courses, which can be       >> a minimum of 14 courses must come                                                                        a core part of the program, the minor will
                                                               Strategy                                                                                                                                               –– Economic Studies
        be taken at levels 2000 and 3000                                                                           taken from any ANU college.                   from levels 2000 and 3000 (second                                                                        not be listed on transcripts for students
                                                            –– Marketing                                                                                                                                              –– Finance
        (second and third-year classes).                                                                                                                         and third-year classes).                                                                                 completing the Bachelor of Commerce.
                                                            –– Corporate Strategy                                                                                                                                     –– International Business
     The 24 courses must include:                           –– Leadership                                       NB: Students intending to take electives      The 24 courses must include:                                                                                **The major in Business Information
                                                                                                                                                                                                                      –– Management
                                                                                                                in Marketing should note that the course                                                                                                                  Systems is not available for students in
     >> the following 11 compulsory courses:                –– Entrepreneurship & Innovation                                                                  >> the four courses that comprise                       –– Marketing
                                                                                                                Marketing Research has Quantitative                                                                                                                       the Bachelor of Commerce/Bachelor of
        –– Business Reporting & Analysis                >> a minimum of one of the following two                                                                 the minor in Business and                                                                                Information Technology and Bachelor
                                                                                                                Research Methods as a prerequisite.                                                                >> a minimum of three elective courses
        –– Microeconomics 1                                core courses:                                                                                         Economics Essentials*                                                                                    of Commerce/Bachelor of Software
                                                                                                                                                                                                                      from within the ANU College of
        –– Macroeconomics 1 or                             –– Business Decision Making                                                                        >> one compulsory course:                               Business and Economics                              Engineering combined degree programs.
             Economics 1(H)                                                                                                                                      Communication for Business
                                                                                                                                                                                                                   >> eight elective courses, which can be
                                                                                                                                                                                                                      taken from any ANU College.

       Career options                                                                Typical full-time pattern of study
     The Bachelor of Business Administration provides a comprehensive
     grounding in the key business skills that are essential in any              Year     Semester 1                       Semester 2                        Career options                                                                  Typical full-time pattern of study
     workplace.                                                                  1        Business Reporting &             Macroeconomics 1
                                                                                          Analysis                         2 x college electives
                                                                                                                                                           With its combination of core business courses and major
     With its focus on developing leadership and management skills,
                                                                                          Microeconomics 1                                                 specialisations, the Bachelor of Commerce provides an ideal                   Year   Semester 1                        Semester 2
     graduates of the program will be well equipped to take up                                                             University elective
                                                                                          Management, People &                                             springboard for careers in the private or public sectors.                     1      Business Reporting &              Macroeconomics 1
     management and senior administrative positions in both public and
                                                                                          Organisations                                                                                                                                         Analysis                          Quantitative Research Methods
     private sectors.                                                                                                                                      Depending on your chosen major, you could work in the following
                                                                                          University elective                                                                                                                                   Microeconomics 1                  Major course
     Additionally, with its broad coverage of the different components                                                                                     areas after graduating with a Bachelor of Commerce:
                                                                                 2        Human Resource                   International Business                                                                                               Communication for Business        University elective
     of business and management, the Bachelor of Business                                                                                                  >> Accounting: business analysis, management accounting, public
                                                                                          Management & Strategy            Marketing                                                                                                            Major course
     Administration provides an ideal foundation for careers in human                                                                                         accounting, company accounting, auditing
                                                                                          Communication for Business       Quantitative Research                                                                                         2      Major course                      2 x major courses
     resources, communications, marketing and business strategy.
                                                                                          2 x university electives         Methods or Business Decision    >> Business information systems: consultant or business                              College elective                  College elective
     Graduates gain a good understanding of the innovation and                                                             Making
                                                                                                                                                              analyst, database administrator, system analyst or architect,                     2 x University elective           University elective
     entrepreneurship essential to creating new commercial ventures                                                        University elective                programming and other professional careers in ICT                          3      2 x major courses                 Major course
     and developing existing businesses.
                                                                                 3        Corporate Strategy               Leadership
                                                                                                                                                           >> Corporate sustainability: sustainable development manager,                        College elective                   3 x university electives
                                                                                          College elective                 Entrepreneurship & Innovation
                                                                                                                                                              ethical supply chains, corporate social responsibility consultant,                University elective
                                                                                          2 x university electives         College elective
                                                                                                                                                              or corporate sustainability communications
                                                                                                                           University elective
                                                                                                                                                           >> Economic studies: economics, financial markets,
                                                                                                                                                              government policy, investment banking, consulting and                       Professional accreditation
                                                                                                                                                              business administration
                                                                                                                                                                                                                                        Students taking majors in Accounting (with the sequence of
                 ANU has always been consistent                                                                                                            >> Finance: financial trader, broker, analyst, statistician, corporate       courses required by the professional accounting bodies) or
                 in their ranking in the region                                                                                                               treasurer, financial consultant or financial planner                      Business Information Systems can qualify for membership of the
                 and for producing world-class                                                                                                                                                                                          relevant professional bodies through their sequence of study. For
                                                                                                                                                           >> International business: international trade, global sourcing,
     graduates. ANU equips students not only                                                                                                                                                                                            more information, see the descriptions of the Accounting and
                                                                                                                                                              import/export and supply chain management, or business
     with academic knowledge, but also essential                                                                                                              specialist for a multinational corporation
                                                                                                                                                                                                                                        Business Information Systems majors on the following pages.
     exposure to industry environments that
     provide a deeper level of engagement with                                                                                                             >> Management: human resources, recruitment, business
                                                                                                                                                              consulting, business analysis
     your learning experience.
                                                                                                                                                           >> Marketing: marketing research, marketing communications,
     Nicholas Chen                                                                                                                                            advertising and sales, business development.

     Bachelor of Business Administration
     President of the ANU Singaporean Students’
     Association 2017
     Singapore

16     ANU College of Business and Economics                                                                                                                                                                                                                                               2018 Undergraduate Guide    17
2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
Accounting major                                                                                                                                       Business Information Systems major

     Accounting is concerned with the measurement, analysis, reporting and evaluation of information, which                                               The major in Business Information Systems is about the study of business information and its
     assists in the management of resources in business entities and government organisations.                                                            production, flows and usage within organisations. It encompasses both manual activities and those
                                                                                                                                                          involving computing and telecommunications.
     If you see yourself as a financial officer, auditor, tax accountant, or management accountant, the
     accounting major equips you with the knowledge and skills to start you on that path.                                                                 This major cannot be counted towards the Bachelor of Commerce component of the combined
                                                                                                                                                          Bachelor of Commerce/Bachelor of Information Technology and Bachelor of Commerce/Bachelor of
                                                                                                                                                          Software Engineering degree programs.

      Program structure                                                                                                                                    Program structure
     This major requires the completion of                 –– Advanced                                            –– Law of Business Entities             This major requires the completion of               >> one core course from the following:                    –– Advanced Databases &
     eight courses including:                                 Management Accounting                               –– Auditing                             eight courses, which must include:                     –– Introduction to Programming &                          Data Mining
                                                           –– Public Sector Accounting                            –– Advanced                                                                                        Algorithms                                         –– Accounting Information Systems
     >> five compulsory courses:                                                                                                                          >> the following four
                                                           –– Financial Reporting                                    Management Accounting                   compulsory courses:                                 –– Web Development & Design                            –– Enterprise Systems in Business
        –– Accounting Processes & Systems
                                                              by Corporations                                     –– Public Sector Accounting                                                                                                                           –– Project Management &
        –– Management Accounting                                                                                                                             –– Relational Databases                          >> three core courses from the
                                                           –– Corporate Social Responsibility,                    –– Financial Reporting                                                                                                                                   Information Systems.
        –– Company Accounting                                                                                                                                –– Business Information Systems                     following list:
                                                              Accountability & Reporting                             by Corporations
        –– Accounting Theory                                                                                                                                 –– Information Systems Analysis                     –– Networked Information Systems
                                                       >> two core courses from the following                     –– Principles of Tax Law
        –– Accounting Information Systems                                                                                                                    –– Information Systems Management                   –– Information Technology in
                                                          list (if not already completed towards                  –– Corporate Social Responsibility,                                                                 Electronic Commerce
     >> one core course from the                          the requirements of the major):                            Accountability & Reporting
        following list:                                   –– Introduction to Commercial Law                       –– Financial Statement Analysis.
                                                                                                                                                           Typical full-time pattern of study
      Typical full-time pattern of study                                                                                                                  Bachelor of Commerce with a major in Business Information Systems (BIS) meeting Australian Computer Society requirements

     Bachelor of Commerce with a major in Accounting which meets professional accounting requirements                                                      Year    Semester   Courses
                                                                                                                                                           1       1          Business Reporting & Analysis    Microeconomics 1                 Introduction to Programming    Business Information Systems
      Year      Semester    Courses                                                                                                                                                                                                             & Algorithms
      1         1           Microeconomics 1            Business Reporting & Analysis    Foundations of Finance           Quantitative Research Methods            2          Macroeconomics 1                 Quantitative Research Methods    Relational Databases           Communication for Business
                2           Macroeconomics 1            Accounting Processes &           Introduction to Commercial Law   Communication for Business       2       1          Information Systems Analysis     University elective              University elective            University elective
                                                        Systems
                                                                                                                                                                   2          BIS major course                 College elective                 College elective               University elective
      2         1           Company Accounting          Law of Business Entities         University elective              University elective
                                                                                                                                                           3       1          Information Systems              College elective                 University electives           University elective
                2           Management Accounting       Accounting Information Systems   University electives             University elective                                 Management
      3         1           Accounting Theory           Principles of Tax Law            University electives             University elective                      2          Project Management &             Enterprise Systems in Business   University elective            University elective
                2           Auditing                    Accounting major course from     University elective              University elective                                 Information Systems
                                                        3000 level (third-year)

     Students in the combined program with Law should note they cannot take the courses Introduction to Commercial Law, Law of Business
     Entities, and Principles of Tax Law towards the requirements of the Accounting major, if they have undertaken equivalent courses in the ANU
     College of Law.

      Professional accreditation
     A student undertaking the Accounting major can take a few additional courses in order to meet tertiary education requirements for direct entry
     into the professional programs of the accounting bodies in Australia. Students wishing to discuss the necessary sequence should contact the
     college office for details or refer to:                                                                                                                                                                                                                           The internship I took
     cbe.anu.edu.au/professional-organisations-accreditation                                                                                                                                                                                                           through CBE has
                                                                                                                                                                                                                                                                       definitely made me job
                                                                                                                                                                                                                                                          ready. It’s made me really excited
                                                                                                                                                                                                                                                          to get out there and experience the
                                                                                                                                                                                                                                                          real world work environment.

                                                                                                                                                                                                                                                          Megan Stokes
                                                                                                                                                                                                                                                          Bachelor of Economics/Commerce
                                                                                                                                                                                                                                                          Intern with CHC Affordable
                                                                                                                                                                                                                                                          Housing, Canberra
                                                                                                                                                                                                                                                          Sydney, Australia

18        ANU College of Business and Economics                                                                                                                                                                                                                                    2018 Undergraduate Guide   19
Corporate Sustainability major                                                                                                                                Finance major

     The major in Corporate Sustainability examines the increasing constraints placed on business by both                                                          The major in Finance introduces students to the concepts underpinning finance, applying them to the
     the natural environment and society, and how corporations create long-term value through innovative                                                           study of financial instruments and markets, financial decisions facing firms, investment decisions and
     responses to these constraints. It is multidisciplinary, drawing together insights from management,                                                           portfolio management, derivatives and risk management. In addition, depending upon the electives
     marketing, accounting, economics, environmental science, law, politics and philosophy.                                                                        chosen, students may study portfolio construction, corporate valuation and debt markets.

          Program structure                                                                                                                                             Program structure
     This major requires the completion of                     >> three core courses from the following                    –– Business & the                       This major requires the completion of               >> one core course from the following:               >> two core courses from the
     eight courses, which must include:                           list (if not already completed towards                      Natural Environment                  eight courses, which must include:                     –– Statistical Techniques                            following list:
                                                                  the requirements of the major):                          –– Business & Its                                                                              –– Quantitative Research Methods                     –– Corporate Valuation
     >> the following three                                                                                                                                        >> the following four
                                                                  –– Resource & Environmental                                 Social Stakeholders                     compulsory courses:                                                                                      –– Financial Intermediation &
        compulsory courses:                                                                                                                                                                                            >> one core course from the
                                                                         Economics (P) or Resource &                       –– Social Marketing                                                                                                                                      Debt Markets
        –– Corporate Social Responsibility,                                                                                                                           –– Foundations of Finance                           following list:
                                                                         Environmental Economics (H)                       –– Sustainable Marketing                                                                                                                            –– Applied Portfolio Construction.
             Accountability & Reporting                                                                                                                               –– Corporate Finance                                –– Foundations of Economic &
                                                                  –– Human Ecology or                                      –– Sustainability, System & Agency
        –– Corporate Sustainability                                                                                                                                   –– Derivatives                                           Financial Models
                                                                         Society & Environmental
        –– Corporate Strategy                                                                                              –– Development & Change                    –– Investments                                      –– Marketing for Financial Services
                                                                         Change or
                                                                                                                           –– Australian National                                                                         –– Financial Mathematics
     >> one core course from the following:                              Climate Change Science &
                                                                                                                              Internships Program.
        –– Business & the                                                Policy or
            Natural Environment                                          Environmental Policy                          Note: Some courses have the completion
        –– Business & Its                                         –– Human Futures or                                  of four courses listed as a prerequisite.    Typical full-time pattern of study
            Social Stakeholders                                          Climate Change Science & Policy
                                                                         in Practice                                                                               Bachelor of Commerce with a major in Finance
     >> one core course from the following:                       –– Law & the Environment
        –– Resource & Environmental                               –– Negotiation                                                                                    Year   Semester    Courses
            Economics (P) or Resource &                           –– Managing Organisational Change                                                                 1      1           Business Reporting & Analysis   Microeconomics 1              Quantitative Research Methods     Foundations of Finance
            Environmental Economics (H)
                                                                  –– Business Ethics                                                                                       2           Macroeconomics 1                Corporate Finance             Communication for Business        Marketing for Financial Services
        –– Sustainable Marketing
                                                                                                                                                                    2      1           Investments                     University elective           University elective               University elective
                                                                                                                                                                           2           Derivatives                     College elective              University elective               University elective
      Typical full-time pattern of study                                                                                                                            3      1           Finance major course from       College elective              University electives              University elective
                                                                                                                                                                                       3000 level (third-year)
     Bachelor of Commerce with a major in Corporate Sustainability                                                                                                         2           Finance major course from       College elective              University electives              University elective
                                                                                                                                                                                       3000 level (third-year)
      Year      Semester    Courses
      1         1           Business Reporting & Analysis      Microeconomics 1                 Quantitative Research Methods     Communication for Business
                2           Macroeconomics 1                   College elective                 College elective                  University elective
                                                                                                                                                                        Career options
      2         1           Corporate Sustainability           Corporate Strategy               University elective               University elective
                2           Corporate Sustainability major     Corporate Sustainability major   University elective               University elective              The aim of the major in Finance is to develop skills and competencies in students that will enable them to embark upon a professional career in
                            course                             course                                                                                              the fields of financial management, financial consulting and planning, funds management, investment banking and stock broking.
      3         1           Corporate Sustainability major     Corporate Sustainability major   University electives              University elective
                            course                             course
                2           Corporate Social Responsibility,   Corporate Sustainability major   College elective                  University elective
                            Accountability & Reporting         course

                                                                                                                                                                                                                                                                             I wanted to
                                                                                                                                                                                                                                                                             move away, be
                                                                                                                                                                                                                                                                             my own person,
                                                                                                                                                                                                                                                                 find my strengths, be bold,
                                                                                                                                                                                                                                                                 travel, experience living in a
                                                                                                                                                                                                                                                                 foreign country, interact with
                                                                                                                                                                                                                                                                 international people and do
                                                                                                                                                                                                                                                                 everything on my own. So I
                                                                                                                                                                                                                                                                 decided to come to ANU.

                                                                                                                                                                                                                                                                 Palak Bhatia
                                                                                                                                                                                                                                                                 Bachelor of Accounting
                                                                                                                                                                                                                                                                 India

20        ANU College of Business and Economics                                                                                                                                                                                                                                            2018 Undergraduate Guide       21
Economic Studies major                                                                                                                              International Business major

 The major in Economic Studies introduces students to the core concepts and techniques used in                                                       The major in International Business combines concepts from many disciplines to analyse the principal
 economic analysis with applications to a wide variety of issues, including economic development, public                                             issues and considerations in the growth and functioning of international business organisations and
 policy, macroeconomic forecasting, the design of financial contracts and industrial strategy. It is an                                              activities.
 exciting and broad-ranging major which offers insight into the ways that individuals make decisions and
 interact, the ways that businesses are structured and compete, and the role of government in economic
 activity.

     Program structure                                                                                                                                Program structure
 This major requires the completion of                       –– History of Economic Thought                     –– Financial Economics               This major requires the completion of               >> one core course from the                            ––   Global Business Immersion
 eight courses, which must include:                                                                                                                  eight courses, including:                              following list:                                     ––   Dynamics of European Business
                                                             –– The World Economy Since 1800                    –– Southeast Asian Economic Policy
                                                                                                                   & Development                                                                            –– International Marketing                          ––   International Marketing
 >> four core courses from the                               –– Japanese Economy &                                                                   >> two compulsory courses:
                                                                Economic Policy                                 –– International Economics                                                                  –– International Human                              ––   Business in China
    following list:                                                                                                                                     –– International Business
                                                                                                                                                                                                                 Resource Management                            ––   Cross-Cultural Management
    –– Microeconomics 1                                      –– Labour Economics &                              –– Economic Policy Issues               –– International
                                                                Industrial Relations                            –– Political Economy of                     Strategic Management                         >> four core courses from the following                ––   International Supply
    –– Macroeconomics 1
                                                             –– Behavioral Economics                               Macroeconomic Policy                                                                     list (if not already completed towards                   Chain Management
    –– Economics 1                                                                                                                                   >> one core course from the
                                                             –– Managerial Economics                            –– Industrial Organisation                                                                  the requirements of the major):                     ––   Negotiation
    –– Microeconomics 2                                                                                                                                 following list:
                                                             –– Money & Banking                                 –– Microeconomics 3                                                                         –– Dynamics of Business in                          ––   Career Planning & Management
    –– Macroeconomics 2                                                                                                                                 –– Dynamics of Business in
                                                             –– The Economy, Politics & the State               –– Macroeconomics 3                                                                                the Americas                                 ––   International Human
    –– Economics 2                                                                                                                                           the Americas
                                                             –– Law & Economics                                 –– Game Theory                                                                              –– Dynamics of Asian Business                            Resource Management
                                                                                                                                                        –– Dynamics of Asian Business
 >> one core course from the                                 –– Resource &                                      –– Foundations of Economic &                                                                –– Dynamics of Business in the                      ––   Australian National
                                                                                                                                                        –– Dynamics of Business in the
    following list:                                             Environmental Economics                            Financial Models                                                                                Middle East                                       Internships Program.
                                                                                                                                                             Middle East
    –– Microeconomics 3                                      –– Public Sector Economics                                                                                                                     –– Development of Modern Business
                                                                                                                                                        –– Dynamics of European Business
    –– Macroeconomics 3                                      –– Cost–benefit Analysis
 >> three core courses from the                              –– Strategic Thinking: An
    following list:                                             Introduction to Game Theory
    –– The Australian Economy: Past &                        –– Development, Poverty & Famine
                                                                                                                                                      Typical full-time pattern of study
         Present
                                                                                                                                                     Bachelor of Commerce with a major in International Business (IB)

                                                                                                                                                      Year    Semester   Courses

     Typical full-time pattern of study                                                                                                               1       1          Business Reporting & Analysis    Microeconomics 1               Quantitative Research Methods   Communication for Business
                                                                                                                                                              2          Macroeconomics 1                 International Business         College elective                University elective
 Bachelor of Commerce with a major in Economic Studies                                                                                                2       1          IB Major course                  IB Major course                University elective             University elective
                                                                                                                                                              2          IB Major course                  IB Major course                University elective             University elective
     Year     Semester    Courses
                                                                                                                                                      3       1          International Strategic          IB Major course                University elective             University elective
     1        1           Business Reporting & Analysis   Microeconomics 1             Quantitative Research Methods   Elective course
                                                                                                                                                                         Management
              2           Macroeconomics 1 or             Communication for Business   List 1 elective course          Elective course
                                                                                                                                                              2          IB Major course                  College elective               College elective                University elective
                          Economics 1(H)
     2        1           Microeconomics 2                Economics core course        List 1 elective course          Elective course
              2           Macroeconomics 2 or             Economics core course        List 1 elective course          Elective course
                          Economics 2(H)
     3        1           Microeconomics 3 6              List 1 elective course       Elective course                 Elective course
              2           Economics core course           List 1 elective course       Elective course                 Elective course
                                                                                                                                                                                                                                                                  My time in China
                                                                                                                                                                                                                                                                  completing my
                                                                                                                                                                                                                                                                  internship with
                                                                                                                                                                                                                                                       National Australia Bank in
                                                                                                                                                                                                                                                       Shanghai has absolutely
                                                                                                                                                                                                                                                       changed my life and broadened
                                                                                                                                                                                                                                                       my horizons. I will not hesitate to
                                                                                                                                                                                                                                                       work overseas again.

                                                                                                                                                                                                                                                       Stephanie Otten
                                                                                                                                                                                                                                                       Bachelor of Commerce/
                                                                                                                                                                                                                                                       Asia–Pacific Studies
                                                                                                                                                                                                                                                       Melbourne, Australia

22       ANU College of Business and Economics                                                                                                                                                                                                                               2018 Undergraduate Guide   23
Management major                                                                                                                                   Marketing major

     The major in Management incorporates disciplines to analyse the principal issues and considerations in                                           The major in Marketing combines aspects of economics, commerce, psychology, sociology and
     business.                                                                                                                                        statistical analysis in the assessment of market behaviour and the development of appropriate business
                                                                                                                                                      responses.
                                                                                                                                                      Students intending to undertake honours in Marketing should take at least two of the following courses:
                                                                                                                                                      Regression Modelling, Advanced Marketing Research Methods and Generalised Linear Modelling.
          Program structure
     This major requires the completion of                  >> three core courses from the following               –– Techniques for Business
     eight courses, including:                                 list (if not already completed towards                 Project Management
                                                               the requirements of the major):                     –– Business Ethics
     >> the following four
        compulsory courses:
                                                               –– Cross-Cultural Management                        –– Leadership                       Program structure
                                                               –– Global Business Immersion                        –– International Human
        –– Management, People &
                                                               –– Labour Economics & Industrial                       Resource Management             This major requires the completion of               >> four core courses from the                         –– Social Marketing
             Organisations
                                                                      Relations (P) or Labour                      –– Entrepreneurship & Innovation   eight courses, which must include:                     following list:                                    –– Entrepreneurship & Innovation
        –– Organisational Behaviour
                                                                      Economics & Industrial Relations             –– Australian National                                                                    –– International Marketing                         –– Regression Modelling
        –– Human Resource Management &                                                                                                                >> the following four
                                                                      (H)                                             Internships Program.                                                                   –– Global Business Immersion                       –– Advanced Marketing Research
             Strategy                                                                                                                                    compulsory courses:
                                                               –– Corporate Sustainability                                                                                                                   –– Services Marketing                                 Methods or Generalised
        –– Corporate Strategy                                                                                                                            –– Marketing Research
                                                               –– Employment Relations                                                                                                                       –– Sustainable Marketing                              Linear Modelling
                                                                                                                                                         –– Marketing
     >> one core course from the following:                    –– Negotiation                                                                                                                                –– Marketing for Financial Services                –– Services Marketing
                                                                                                                                                         –– Consumer Behaviour
        –– Leadership                                          –– Career Planning & Management                                                                                                               –– E-Marketing                                     –– Australian National
                                                                                                                                                         –– Strategic Marketing
        –– Entrepreneurship & Innovation                       –– Managing Organisational Change                                                                                                             –– Advertising                                        Internships Program.

      Typical full-time pattern of study                                                                                                               Typical full-time pattern of study
     Bachelor of Commerce with a major in Management                                                                                                  Bachelor of Commerce with a major in Marketing

      Year      Semester    Courses                                                                                                                    Year    Semester   Courses
      1         1           Business Reporting & Analysis   Microeconomics 1               Quantitative Research Methods   Management, People &        1       1          Business Reporting & Analysis    Microeconomics 1             Quantitative Research Methods   Communication for Business
                                                                                                                           Organisations
                                                                                                                                                               2          Macroeconomics 1                 Marketing                    College elective                University elective
                2           Macroeconomics 1                Organisational Behaviour       Communication for Business      University elective
                                                                                                                                                       2       1          Consumer Behaviour               Marketing major course       University elective             University elective
      2         1           Human Resource Management       University elective            University elective             University elective
                                                                                                                                                               2          Marketing Research               Marketing major course       University elective             University elective
                            & Strategy
                                                                                                                                                       3       1          Strategic Marketing              Marketing major course       University elective             University elective
                2           Management major course         Management major course        College elective                University elective
                                                                                                                                                               2          Marketing major course           College elective             College elective                University elective
      3         1           Corporate Strategy              Management major course        University electives            University elective
                2           Management major course*        College elective               College elective                University elective

     *The Management major core course must be chosen from MGMT3021 Leadership or MGMT3027 Entrepreneurship & Innovation.

                                                                                                                                                                                                                                                                       I chose to study
                                                                                                                                                                                                                                                                       at ANU because
                                                                                                                                                                                                                                                                       of its exceptional
                                                                                                                                                                                                                                                           reputation, modern facilities
                                                                                                                                                                                                                                                           and highly qualified teachers.
                                                                                                                                                                                                                                                           The environment at ANU is
                                                                                                                                                                                                                                                           one that stimulates intellectual
                                                                                                                                                                                                                                                           curiosity and inspires students
                                                                                                                                                                                                                                                           to aim for excellence.

                                                                                                                                                                                                                                                           Alex Dalczynski
                                                                                                                                                                                                                                                           Bachelor of Law (Honours)/
                                                                                                                                                                                                                                                           Commerce
                                                                                                                                                                                                                                                           Canberra, Australia

24        ANU College of Business and Economics                                                                                                                                                                                                                             2018 Undergraduate Guide   25
Bachelor of Economics                                                                                                                                  Bachelor of Finance
     ANU program code: 3200         UAC code: 134003       CRICOS code: 002290B        Duration: three years full-time                                      ANU program code: 3408         UAC code: 133203       CRICOS code: 039746C         Duration: three years full-time

     The Bachelor of Economics program offers rigorous training in analytic tools,                                                                          The Bachelor of Finance is a specialised program offering rigorous training in the
     providing a better understanding of a wide variety of topical policy issues.                                                                           theory and applications of finance.

       Program structure                                                                                                                                      Program structure
     The program consists of 24 courses,                    –– Quantitative Research Methods                         –– Money & Banking                     The program consists of 24 courses,                     –– Macroeconomics 1 or                              >> an eight-course major from
     of which:                                              –– Microeconomics 2                                      –– The Economy, Politics & the State   of which:                                                  Economics 1(H)                                      the following:
                                                            –– Macroeconomics 2 or                                   –– Law & Economics                                                                             –– Foundations of Finance                              –– Capital Markets
     >> a maximum of 10 courses can be                                                                                                                      >> a maximum of 10 courses can be
        taken at level 1000 (first-year classes)               Economics 2(H)                                        –– Strategic Thinking: An                 taken at level 1000 (first-year classes)             –– Quantitative Research Methods                       –– Quantitative Finance
                                                            –– Econometrics 1:                                          Introduction to Game Theory                                                                 –– Microeconomics 2                                    –– Asian Capital Markets
     >> a minimum of 14 courses must come                      Econometric Methods                                                                          >> a minimum of 14 courses must come
                                                                                                                     –– Development, Poverty & Famine
        from levels 2000 and 3000 (second                                                                                                                      from levels 2000 and 3000 (second               >> one core course from the                              >> two elective courses from List 1
                                                            –– Microeconomics 3
        and third-year classes).                                                                               >> three elective courses on List 1             and third-year classes).                           following list:                                          of the ANU College of Business
                                                            –– Macroeconomics 3                                                                                                                                                                                            and Economics
                                                                                                                  of the ANU College of Business                                                                  –– Foundations of Economic &
     The 24 courses must include:                                                                                                                           The 24 courses must include:
                                                        >> one course from the following list:                    and Economics                                                                                        Financial Models
                                                                                                                                                                                                                                                                        >> eight elective courses, which can
     >> the following nine                                 –– The Australian Economy: Past &                                                                >> six compulsory courses:                            –– Marketing for Financial Services                      be taken from the ANU College of
                                                                                                               >> three courses on List 2 of the ANU
        compulsory courses:                                    Present                                                                                         –– Business Reporting & Analysis                   –– Financial Mathematics                                 Business and Economics or any other
                                                                                                                  College of Business and Economics
        –– Microeconomics 1                                –– History of Economic Thought                                                                      –– Microeconomics 1                                                                                         ANU College.
        –– Macroeconomics 1 or                                                                                 >> eight elective courses, which can be
                                                           –– The World Economy Since 1800
             Economics 1(H)                                                                                       taken from any ANU college.
                                                           –– Behavioral Economics
        –– Foundations of Economic &                       –– Managerial Economics
             Financial Models
                                                                                                                                                              Career options                                                                Typical full-time pattern of study

       Career options                                                               Typical full-time pattern of study                                      Finance has applications in many fields including banking, financial
                                                                                                                                                                                                                                        Year      Semester 1                        Semester 2
                                                                                                                                                            consulting and planning, funds management, merchant banking,
                                                                                                                                                            stock broking and treasury.                                                 1         Business Reporting &              Macroeconomics 1
     The Bachelor of Economics provides a platform for a wide variety of
                                                                                Year     Semester 1                        Semester 2                                                                                                             Analysis                          Corporate Finance
     careers across the public and private sectors.
                                                                                                                                                            Possible jobs for finance graduates include: financial trader or                      Microeconomics 1                  Finance core course
     Economists play a crucial role in public policy, and are much              1        Microeconomics 1                  Macroeconomics 1
                                                                                                                                                            broker; financial manager or analyst; mathematical statistician;                      Foundations of Finance            University elective
     in demand in many government departments and corporate                              Quantitative Research             Foundations of Economic &        corporate treasurer; operations manager; financial consultant; and
                                                                                         Methods                           Financial Models                                                                                                       Quantitative Research
     organisations. There are also many opportunities for economists in                                                                                     financial planner.                                                                    Methods
     international agencies, in areas such as global economic analysis,                  College elective (List 1)         College elective (List 1)
                                                                                         University elective               University elective                                                                                          2         Major course                      2 x major courses
     development, resource management and the environment.
                                                                                                                                                                                                                                                  College elective                  College elective
     Many firms employ economists to help understand the wider                  2        Microeconomics 2                  Macroeconomics 2
                                                                                                                                                                                                                                                  2 x university electives          University elective
     business environment and guide their business development                           Econometrics 1:                   College elective (List 2)
                                                                                         Econometric Methods               Economics core course                                                                                        3         2 x major courses                 Major course
     strategies. Consultancy and accounting firms also employ
                                                                                         College elective (List 2)                                                                                                                                College elective                   3 x university electives
     economists to help guide their clients.                                                                               University elective
                                                                                         University elective                                                                                                                                      University elective
     Financial institutions including banks, and in particular the Reserve
     Bank of Australia, actively recruit economists to advise them on the       3        Microeconomics 3                  Macroeconomics 3
     state of the economy and on risks from factors such as interest rate                College elective (List 1)         College elective (List 2)
     changes and exchange rate movements.                                                2 x university electives          2 x university electives

     There is also a thriving national and international market for
     academic economists in high schools, colleges and universities.

                                                                                                                                                                                                                                                                 I chose ANU because my
                                                                                                                                                                                                                                                                 flexible double degree
                                                                                                                                                                                                                                                                 allowed me to combine my
                                                                                                                                                                                                                                                    interests, and I wanted to study at a
                                                                                                                                                                                                                                                    university that is surrounded by national
                                                                                                                                                                                                                                                    institutions. This is currently my fourth
                                                                                                                                                                                                                                                    year on campus, and living here whilst
                                                                                                                                                                                                                                                    studying has really enhanced my
                                                                                                                                                                                                                                                    university experience.

                                                                                                                                                                                                                                                    Alma Jovanovic
                                                                                                                                                                                                                                                    Bachelor of Laws (Honours)/Commerce
                                                                                                                                                                                                                                                    Perth, Australia

26     ANU College of Business and Economics                                                                                                                                                                                                                                           2018 Undergraduate Guide   27
Capital Markets major**                                                                                                                               Asian Capital Markets major**
     The major in Capital Markets applies the basic concepts introduced                                                                                    The major in Asian Capital Markets is designed for students who
     in the core Finance course, Foundations of Finance, to study             Typical full-time pattern of study                                           want to specialise their study of finance within the Asian region.        Typical full-time pattern of study
     financial decisions facing the firm; investment decisions and                                                                                         Students in this major can spend one semester of study at a
     portfolio management; derivatives and risk management; portfolio       Bachelor of Finance with a major in Capital Markets                            university within the Asian region, giving them invaluable exposure     Bachelor of Finance with a major in Asian Capital Markets
     construction; corporate valuation; and debt markets.                                                                                                  to the study and practice of finance within Asia. This major is aimed
                                                                             Year    Semester 1                       Semester 2                                                                                                    Year    Semester 1                       Semester 2
                                                                                                                                                           at students who are keen to equip themselves with a program that
     The major in Capital Markets develops skills and competencies           1       Business Reporting &             Macroeconomics 1                     will prepare them to excel in the Asian financial marketplace.           1       Business Reporting &             Macroeconomics 1
     in students that will enable them to embark upon a professional                 Analysis                         Corporate Finance                                                                                                     Analysis                         Corporate Finance
     career in corporate financial management, financial consulting                  Microeconomics 1                 Finance core course*
                                                                                                                                                           The major requires the completion of eight compulsory                            Foundations of Finance           Finance core course*
     and planning, funds management, investment banking and stock                    Foundations of Finance                                                courses, including:                                                              Microeconomics 1
                                                                                                                      University elective                                                                                                                                    Elective
     broking.                                                                        Quantitative Research                                                     –– Corporate Finance                                                         Quantitative Research
                                                                                     Methods                                                                   –– Derivatives                                                               Methods
     This major consists of eight compulsory courses:
         –– Corporate Finance                                                2       Investments                      Derivatives                              –– Investments                                                       2       Investments                      Asian Capital Markets
                                                                                     Corporate Strategy               College elective                         –– Regression Modelling                                                      Regression Modelling             Derivatives
         –– Derivatives
                                                                                     Regression Modelling             2 x university electives                                                                                              Microeconomics 2                 Elective
         –– Investments                                                                                                                                    AND either:
                                                                                     Microeconomics 2                                                                                                                                       Elective                         Elective
         –– Corporate Valuation                                                                                                                               –– four courses (24 units) from an approved university
                                                                             3       Corporate Valuation              Portfolio Construction                                                                                        3       Corporate Valuation              Portfolio Construction
         –– Financial Intermediation & Debt Markets                                                                                                               exchange partner in Asia
                                                                                     Financial Intermediation &       College elective                                                                                                      Financial Intermediation &       College elective
         –– Applied Portfolio Construction                                           Debt Markets                                                          OR:                                                                              Debt Markets
                                                                                                                      2 x university electives                                                                                                                               Elective
         –– Corporate Strategy                                                       2 x university electives                                                    ––   Corporation Valuation                                                 Elective                         Elective
         –– Regression Modelling                                                                                                                                 ––   Financial Intermediation & Debt Markets                               Elective
                                                                            *The Finance core course must be chosen from Foundations of Economic &               ––   Applied Portfolio Construction
                                                                            Financial Models, Marketing for Financial Services or Financial Mathematics.         ––   Asian Capital Markets                                        *The Finance core course must be chosen from Foundations of Economic &
                                                                                                                                                                                                                                   Financial Models, Marketing for Financial Services or Financial Mathematics.
                                                                            **Students may not take both a major in Asian Capital Markets and in Capital
                                                                            Markets.                                                                                                                                               **Students may not take both a major in Asian Capital Markets and in Capital
                                                                                                                                                                                                                                   Markets.
                                                                            The Bachelor of Finance with the Capital Markets major is
                                                                            recognised as a CFA Program Partner by the CFA Institute.

     Quantitative Finance major
     The major in Quantitative Finance builds skills in the concepts
     and techniques required for statistical analysis and modelling, risk     Typical full-time pattern of study
     management, model calibration, and derivatives pricing in the
     financial market.                                                      Bachelor of Finance with a major in Quantitative Finance

     Students develop competency in both the theory and                      Year    Semester 1                       Semester 2
     the implementation.                                                     1       Microeconomics 1                 Macroeconomics 1
     The analytic skills obtained are highly beneficial for a career in a            Foundations of Finance           Corporate Finance
     hedge fund, funds management, derivatives trading and sales, risk               Quantitative Research            Mathematical Foundations for
     management or consulting.                                                       Methods                          Actuarial Studies
                                                                                     Business Reporting &             University elective
     This major requires the completion of eight compulsory courses:                 Analysis
         –– Corporate Finance                                                2       Investments                      Derivatives
         –– Derivatives                                                              Introductory Mathematical        Introduction to Stochastic
         –– Investments                                                              Statistics                       Processes                            Thomas Deighton
                                                                                     Regression Modelling             Finance core course*
         –– Continuous Time Finance                                                                                                                        Bachelor of Finance/Asian
                                                                                     Microeconomics 2                 University elective
         –– Advanced Derivatives Pricing & Applications                                                                                                    Studies
         –– Introductory Mathematical Statistics                             3       Continuous Time Finance          Advanced Derivatives Pricing &
                                                                                                                      Applications
         –– Regression Modelling                                                     College elective
                                                                                                                      3 x university electives
                                                                                                                                                           Internship
                                                                                     2 x university electives
         –– Stochastic Modelling                                                                                                                           National Australia Bank,
                                                                            *The Finance core course must be chosen from Foundations of Economic &         Singapore
                                                                            Financial Models, Marketing for Financial Services or Financial Mathematics.

28      ANU College of Business and Economics                                                                                                                                                                                                                                    2018 Undergraduate Guide         29
Bachelor of Finance, Economics
     and Statistics (Honours)
     ANU program code: 4405 UAC code: 134300 CRICOS code: 08222G
     Duration: four years full-time (commences in Semester 1 only)

     The Bachelor of Finance, Economics and Statistics (Honours) is an elite four-
     year honours program that integrates the three disciplines to foster a deep
     understanding of all three of these fields.
      Program structure
     The program consists of 32 courses,                   ––   Derivatives                                     >> one course from the following:
     of which:                                             ––   Investments                                        –– Financial Mathematics
     >> a maximum of 10 courses can be                     ––   Corporate Valuation                                –– Statistical Learning
        taken at level 1000                                ––   Quantitative Research Methods
                                                                                                                >> one course with an ECON code
        (first-year classes)                               ––   Advanced Mathematics &
                                                                                                                   –– see programsandcourses.
                                                                Applications 1
     >> 21 courses must include the following                                                                          anu.edu.au for the full list of
                                                           ––   Advanced Mathematics &                                 ECON courses
        compulsory courses:
                                                                Applications 2
        –– Business Reporting & Analysis                                                                        >> an honours program in Finance,
                                                           ––   Introductory
        –– Economics 1 Honours or                                                                                  Economics or Statistics must
                                                                Mathematical Statistics
            Macroeconomics 1                                                                                       be completed.
                                                           ––   Statistical Inference
        –– Microeconomics 1
                                                           ––   Advanced Mathematical Statistics                NB: Students must achieve a minimum
        –– Microeconomics 2
                                                                                                                75% weighted average mark in the
        –– Game Theory (Honours)                       >> one course from the following list:
                                                                                                                first three years of their program to
        –– Economics 2 (Honours)                          –– Advanced Analysis 1: Metric                        continue to the honours year. Students
        –– Economics 3 (Honours)                              Spaces & Applications                             who do not achieve a minimum of 75%
        –– Microeconomics 3                               –– Maths Methods 1 (Honours):                         weighted average mark in the first three
                                                              Ordinary Differential Equations &                 years will be transferred to a Bachelor
        –– Macroeconomics 3
                                                              Advanced Vector Calculus                          of Economics.
        –– Econometrics 1:
                                                          –– Advanced Algebra 1: Groups,
            Econometric Methods
                                                              Rings & Advanced Linear Algebra
        –– Foundations of Finance
                                                          –– Probability Modelling
        –– Corporate Finance
                                                              with Applications

      Career options                                                                 Typical full-time pattern of study
     Unique in its joint emphases on Finance, Economics and Statistics,
                                                                                 Year   Semester 1                        Semester 2
     this program will prepare graduates for a career in any field that
     values a rigorous, research-led, quantitative education. Graduates          1      Quantitative Research             Business Reporting & Analysis
                                                                                        Methods                           Corporate Finance
     of this elite program will be highly sought after by government and
                                                                                        Foundations of Finance            Economics 1 (Honours)
     industry for specialist roles such as:
                                                                                        Microeconomics 1                  Advanced Mathematics &
     >>    data scientist
                                                                                        Advanced Mathematics &            Applications 2
     >>    economic analyst                                                             Applications 1
     >>    investment banker
                                                                                 2      Introductory Mathematical         Game Theory (Honours)
     >>    management consultant
                                                                                        Statistics                        ECON elective
     >>    financial analyst
                                                                                        Derivatives                       Economics 2 (Honours)
     >>    funds manager
                                                                                        Microeconomics 2                  Course from MATH list
     >>    statistician                                                                                                                                                   ANU is the only university in Australia that
                                                                                        Investments
     >>    quantitative analyst.                                                                                                                                          offers such a comprehensive program in
                                                                                 3      Econometric Methods               Economics 3 (Honours)
     The Bachelor of Finance, Economics and Statistics (Honours) also                                                                                                     the three areas of Finance, Economics and
                                                                                        Statistical Inference             Advanced Mathematical Statistics
     provides a sound platform for those planning to continue their
                                                                                        Microeconomics 3                  Macroeconomics 3
                                                                                                                                                             Statistics. As I am incredibly passionate about the world
     academic work, giving a competitive edge for entry into leading
                                                                                        Corporate Valuation               Financial Mathematics or
                                                                                                                                                             of finance, I chose ANU because of its reputation, not
     international PhD programs.                                                                                                                             only in the field of business and economics, but as an
                                                                                                                          Statistical Learning
                                                                                 4      Honours year                      Honours year
                                                                                                                                                             overall well-rounded university.

                                                                                                                                                             Khurshed Mehta
                                                                                                                                                             Bachelor of Finance, Economics and Statistics (Honours)
                                                                                                                                                             Gold Coast, Australia

30        ANU College of Business and Economics                                                                                                                                                                          2018 Undergraduate Guide   31
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