Bachelor of Business - Elective Units
ACCB2000 Financial Accounting Processes
This unit aims to provide students with an understanding of the conceptual framework for financial reporting. It builds on the first introductory unit (Accounting for Decision making) by introducing students to the recording and reporting of financial information.
The main aims of the course are to:
- Enable students to identify, understand and apply the principles of recording and reporting financial information.
- Enable students to appreciate the theoretical foundations of the financial reporting via the conceptual framework.
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MANB2100 Organisational Behaviour
This unit introduces students to the fundamentals of organisational behaviour and its relevance to twenty first century business operations.
It begins with a general introduction to human behaviour in the workplace and discusses the evolution of and trends in organisational behaviour. It examines organisational behaviour from three perspectives: the individual, the team and the organisation. It discusses factors influencing individual behaviour in organisations, such as personality, values, perception, attribution, attitudes, emotions, stress, ability, and motivation. It investigates behaviour in groups and teams, such as communication, power and influence and leadership. It concludes with an examination of organisational structure, organisational culture and the management of change.
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MANB3000 Corporate Social Responsibility and Business Ethics
This unit explores the concept of corporate social responsibility and the belief that, in order to remain both financially viable and attractive to consumers, businesses must consider the ethical frameworks within which they operate, and develop practices that are socially, environmentally and economically responsible and sustainable.
We commence by defining ethics and social responsibility, and by exploring the historical context of CSR. We go on to examine CSR in greater depth, its function within the corporate structure, and its relationship to organisational strategic visions and planning. We also study the role of consumers and stakeholders; concepts of philanthropy, volunteering, and community involvement; sustainability and the triple bottom line; and the impact of globalisation on CSR.
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ACCM2000 Management Accounting
Management accounting provides managers in all types of organisations with information to assist them in decision making, planning, and control. This unit provides students with an up-to-date approach to management accounting using contemporary techniques that address the changing issues in management accounting.
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MARM2000 Marketing Management
This unit introduces students to the principles and concepts of marketing.
In this unit, students will learn how to integrate marketing knowledge throughout all aspects of business. Students will learn to understand marketing as value-creation or value-adding rather than just a cost to the business. The unit will focus on the different marketing tools and techniques that organisations may use to select their target market, and acquire and grow their customer-base.
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FINB2000 Financial Institutions and Markets
This unit introduces students to the international financial system and associated markets and examines them in the context of the Australian regulatory framework.
It begins with an overview of the global financial system before discussing the operation of both commercial banks and non banking financial institutions. It explores the nature of the share market and how companies use equity to raise finance. It discusses who invests in the share market and the risks associated with it. It also examines how both companies and governments manage finance and debt, with particular emphasis on government monetary policy and interest rate determination.
The unit also introduces students to the international foreign exchange market and how exchange rate are influenced and managed, and explores how companies can 'hedge' against risk through the use of alternative financial products known as derivatives.
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MANB2000 Foundations of Human Resource Management
This unit introduces students to the fundamentals of Human Resources Management and its relevance to 21st century business operations.
It begins with a general introduction to Human Resources Management (HRM) and discusses its origins, functions and objectives. It explores human resource planning and the importance of information management systems. It discusses the changing nature of work, the workplace, people and organisations and examines key pieces of workplace legislation. It outlines HRM responsibilities and practices, such as job analysis and design, recruitment, employee selection, training and career planning, performance management, remuneration, employee relations, employee welfare, and aspects of Equal Employment Opportunity. It concludes with a discussion of HRM in an international environment.
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ACCM2200 Financial Accounting
This unit aims to provide students with an understanding of the regulation of financial reporting by Australian entities, an understanding of the conceptual framework for financial reporting and a background in the requirements of key accounting standards which affect financial reporting by Australian business entities
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MANB2200 Strategic Business Management
This unit introduces students to the theoretical frameworks that underpin strategic business management. In order to achieve competitive advantage, earn above average returns and meet the needs of shareholders, businesses must employ a strategic management process. The unit examines the steps involved in this process from the analysis of the external and internal environments, to the development of a vision and mission, to the formulation and implementation of strategy.
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CISM2000 Accounting Information Systems
This unit introduces students to the use and management of information systems and technologies in modern accounting. Accounting information systems use information technology and traditional accounting controls and methods to collect and process information relating to organisational business transactions. This information becomes the basis upon which effective business decisions are made.
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ITRB3001 Issues in International Business
This unit introduces students to international business and the issues involved in globalisation. It facilitates students’ discussion of the trade and investment environment in which international business occurs and focuses on how national differences in political economy and culture influence global trade. The unit examines the global monetary system in which international business transactions are conducted, the strategies and structures that businesses adopt to compete in the international marketplace and operational aspects of international business, such as exporting and importing, manufacturing, marketing, human resource management, accounting and financial management
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VCPD3000 Raising Venture Capital
This unit builds on VCPD1000 to further investigate concepts and issues involved in capital investment, raising venture capital to fund business growth and the venture capital cycle.
This unit builds on the knowledge gained in FCHD1000 to further understand the practical aspects of identifying, buying, and successfully implementing strategies to manage a franchise operation.
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MARB3000 Market Research and Consumer Behaviour
This unit examines the role of market research and the nature and influence of consumer behaviour on business practice.
Both the theoretical foundations and practical applications of market research are considered. Students study the advent and history of market research, as well as the market research process, market research techniques, data gathering and analysis and reporting.
Consumer behaviour is examined within the context of its environment and the factors (individual, social, cultural, familial, and historical) that motivate and influence it. Students study consumer values, consumerism across one’s lifespan, organisational consumption and the influence of globalisation on consumer behaviour.
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MARD3000 Brand Management
In today’s commercial world where consumers are sometimes overwhelmed with product choice, ‘a brand’ is what makes one product (or service) stand out above another. Branding can be the difference between a successful product and one that fails.
This unit introduces students to the growing field of brand management – the management of a single brand to ensure its growth, consumer loyalty, and thus value to the business. It teaches students about the branding process, but also about the psychology of brands and the emotional connection that consumers have with their brands.
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MANB3000 Strategic Human Resources Management
This unit builds on Foundations of Human Resources Management, but moves beyond the day-to-day nature of Human Resource Management to the strategic level of managing the Human Resources function and its role in contributing to organisational goals and outcomes.
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CGRM3000 Corporate Governance and Regulatory Processes
This unit introduces students to the current and historical structures and processes that regulate the operation of Australian organisations in general and accounting practices in particular.
The unit discusses the principles of good corporate governance and examines how organisational type and structure an influence governance. It looks at the roles, functions, and responsibilities of key stakeholders in corporate governance including organisational executive officers, directors, chairmen, shareholders and business owners.
The unit also examines issues such as executive remuneration, risk management and globalisation and how they impact corporate governance.
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ACCM3000 Financial Reporting
This unit examines the nature of financial accounting theory, the objectives of external financial reporting and examines the Australian accounting standard-setting framework. The unit provides students with an understanding of the regulatory and reporting environment in Australia and discusses the theories and principles of financial reporting. The unit also examines issues relating to measurement and disclosure such as those relating to assets, liabilities, leases, financial instruments, and foreign currency reporting.
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ACCM3100 Auditing and Assurance
This unit examines the practice and scope of auditing and assurance services, and provides an overview of the audit process as practiced in Australia. It demonstrates the relationship between auditing and organisational systems of accountability, and identifies the special challenges for auditing as computer reporting systems grow more complex.
The unit also considers the shift from traditional auditing services in which a high level of assurance is provided to the demand for assurance of products other than the financial report. Auditing of financial statements is covered in detail.
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CLWM3001 Corporations Law
This unit provides study of the structure and regulation of corporations in Australia. It explores the relationship between the law and the corporation through relevant provisions of the Corporations Act and other relevant case law.
While many organisations such as trade unions, not-for-profit and community groups are recognised as corporations, the primary focus of the unit is on the development and regulation of the modern limited liability company.
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This unit provides students with a broad introduction to and understanding of Australian taxation law. It discusses and analyses the fundamental elements of the Australian taxation system and investigates concepts such as income, expenses and deductions, depreciation, capital gains tax, fringe benefits tax, the Goods and Service Tax, and the administration of the tax system.
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FINM2000 Corporate Finance
This unit introduces students to the basic theories and practices of financial management as they apply to corporations, particularly with regard to investment and management decision making.
The unit also addresses issues such as the capital market, short term and long term finance, valuation principles, and corporate dividend strategies.
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