2018 UNDERGRADUATE GUIDE - ANU College of Business and - ANU College of Business ...
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
2 0 1 8 U N D E R G R A D U AT E G U I D E ANU College of Business and Economics
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
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
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
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
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
Study options 12 ANU College of Business and Economics 2018 Undergraduate Guide 13
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
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
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 19Corporate 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 21Economic 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 23Management 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 25Bachelor 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 27Capital 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 29Bachelor 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 31You can also read
