*Bachelor of Business - Code changes for Trimester 3, 2011
Core Units
Elective Units
Core Units
STA1000 Quantitative Analysis
Quantitative Analysis has been designed to assist you to develop the statistical skills that are used in data analysis in Economics, Finance and Business. It will also help you to learn an equally vital skill of interpreting results and presenting them in a professional manner, thus making it easy for a “lay-man” to understand the situation.
The spreadsheet application MS EXCEL will be integrated into this unit, which will highlight the importance of technology in financial Mathematics and Statistics. Contrary to popular opinion, statistics is a language-rich unit: using English to explain, describe and comment on various aspects of the unit is very important and will be emphasized.
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The aim of this unit is to provide students with the economic literacy skills that are required by professionals, especially those in business, management and commerce, by providing opportunities to develop an understanding of the key economic principles, theories, models and laws and to use them to solve common economic problems.
The main aims of the unit are to introduce the three key aspects of economics. Hence, the unit is divided into the following three sections:
- Section one introduces students to the methods and subject material of economics. In particular, students are introduced to the methodology of economics, which differs in many respects to methodologies used by other social science disciplines, economic analysis and the nature of the economising problem
- Section two introduces students to the principles of microeconomics. The focus of this section is on developing an understanding of how markets help solve the economising problem by efficiently allocating scarce resources among competing uses
- Section three introduces students to the principles of macroeconomics. This section builds the aggregate expenditure model then the aggregate demand/aggregate supply model in order to develop an understanding of how governments stabilise the economy as a whole using a combination of monetary and fiscal policies.
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ACC1000 Accounting for Decision Makers
This unit covers the use of accounting information by external users and management. Topics include accounting information in its decision making context; external financial reports; financing and business structures; financial statement analysis; the time value of money; capital budgeting; cost-volume-profit analysis; management accounting tools of analysis; and budgeting.
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MAN1000 Introduction to Management
This unit provides students with a basic understanding of the nature of management, work and its organisation. Students examine the roles of managers, the process of management and the types of commitment to management in societies and organisations. It also explores the influence of change and technology on managers, management, work and organisations, and includes the ethical dimensions of management and the implications and significance of human diversity in that arena.
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CIS1000 Information Systems
This unit is an introduction to information systems and their role in business organisations. Topics include computer hardware (PC and multi-user); system and application software; data and people; end-user application software (including spreadsheets and graphics); database management; networking and data communication; information systems for business operations, decision support and strategic advantage. In addition this unit introduces e-business and e-commerce; principles of information system development; and trends, issues and concerns.
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MAR1000 Marketing Principles
In this unit students learn that marketing includes all the activities that are performed by companies and organisations to satisfy the needs of their customers with products and services. It covers fundamental marketing concepts and principles and the role of marketing in organisations - including for profit, government, educational and social organisations, both large and small.
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EAP1000 Business Communication
This unit of study enhances students' verbal and written communication in both a general manner and more specific ways relevant to commerce and business. It also develops students' capacity for critical understanding of texts they encounter both in the world at large and in the Bachelor course. Specific learning activities help students to understand texts in their historical and cultural contexts and to understand that they express a range of assumptions, values and opinions that can be questioned and evaluated.
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CLW1000 Commercial Law
This unit introduces students to the legal regulation of businesses and business transactions and the Australian legal system. Topics covered include: legal rights and duties applicable to businesses, in addition to laws that regulate commerce including tort, contract, consumer protection and workplace environment law.
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Elective Units
ACC1001 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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MAN2000 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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MAN2100 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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ACC2100 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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MAR2000 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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FIN2000 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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MAN2200 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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ACC2200 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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MAN2300 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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CIS2000 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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ITR3000 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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MAR3100 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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MAN3000 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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CGR3000 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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ACC3000 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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ACC3100 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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CLW3100 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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FIN3000 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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MAN3100 Employee Relations Management
Employment relations is the study of the interactions between employers and employees. In this unit you will learn to develop critical and analytical understandings of the management and regulation of Employment Relationships in Australia at the workplace, industry, national and international levels.
Studying employment relations involves understanding the overlapping concerns of both Human Resource Management, which concerns the personnel function within an organisation, and Industrial Relations, which is essentially a set of legal institutions and arrangements that govern the nature of the employment relationship and provide mechanisms for conflict resolution.
The introduction of Enterprise Bargaining in Australia in the mid-1980s led to an increasingly de-centralised Industrial Relations system. As a consequence, the Human Resources departments of many organisations have assumed responsibility for conducting many aspects of the Australian Industrial Relations system, making it appropriate for the two subject areas to be studied under the broad banner of Employment Relations.
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MAN3200 Managing Change
Worldwide, the pace of change is accelerating and fundamentally affecting how we work. As a consequence, change has become the single most important element of business management today and organisations are seeking to respond to the challenge by:
- becoming more adaptable to changing environments
- being more agile in meeting new challenges and
- developing more flexible structures and more robust organizational cultures capable of embracing change.
This unit will allow students to understand the framework behind change and how to ensure the change process is effective in meeting its objectives. It focuses on the theory and practice of managing change in a range of organisational contexts. As a means for achieving effective change, particular consideration is given to strategies for managing the effective development of organizational and human resource capability. Topics include understanding the nature of organisations, and practices associated with managing people, and issues power and authority in a complex globalised context. Human responses to change are also examined, and a variety of processes concerned with decision-making, problem-solving, organisational learning and knowledge management are explored and evaluated.
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MAN3300 Reward Management
The aim of this unit is to provide a comprehensive understanding of performance and reward management - the next stage of the HR "lifecycle" after Foundations of HRM. The unit examines the linkage between performance and compensation. It provides an in depth analysis of the compensation and benefits landscape in relation to legislation in Australia. Students will:
- Critically analyse human resource policy, procedure and practice as it relates to the management of employee performance, compensation and rewards
- Examine trends within performance and reward management
- Review and reflect on contemporary motivation theories
- Acquire skills in reward management from job analysis, classification, pay structures, performance pay and benefits
- Develop fundamental academic skills such as: research; analysis and synthesis; written and verbal communication skills; report writing skills; presentation skills; self reliance and intellectual independence; time management - goal setting and planning.
At the conclusion of this unit, you should be able to determine the compensation, benefit and non-compensation needs of an organisation, construct an effective compensation, benefit and non-compensation package and strategy and analyse the effectiveness of compensation, benefit and non-compensation systems in organisations.
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MAN3400 Human Resource Development
Human Resource Development presents the concepts and practices related to human resource development (HRD). This unit emphasizes the role of HRD in supporting corporate strategy and in the creation and management of organisational knowledge. Students will learn about contemporary adult learning and HRD theories and how to integrate this knowledge when undertaking the analysis, design and development of effective HRD interventions in organisations.
Human Resource Development (HRD) is the framework for helping employees develop their personal and organisational skills, knowledge, and abilities. Human Resource Development includes such opportunities as employee training, employee career development, performance management and development, coaching, mentoring, succession planning, key employee identification, tuition assistance, and organization development.
The focus of all aspects of Human Resource Development is on developing the most superior workforce so that the organisation and individual employees can accomplish their work goals in service to customers. Organisations have many opportunities for human resources or employee development, both within and outside of the workplace.
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Bachelor of Business - Codes prior to Trimester 3 2011
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Pre Trimester 3 2011
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STAB1000 Business Maths 1
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ECOB1002 Economics
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ACCB1000 Accounting for Decision Makers
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MANB1000 Introduction to Management
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CISB1000 Information Systems
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MARB1000 Marketing Principles
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EAPB1000 Business Communication
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CLWB1000 Commercial Law
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ACCB2000 Financial Accounting Processes
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MANB2000 Organisational Behaviour
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MANB2100 Corporate Social Responsibility and Business Ethics
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ACCB2100 Management Accounting
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MARB2000 Marketing Management
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FINB2000 Financial Institutions and Markets
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MANB2200 Foundations of Human Resource Management
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Trimester 3 2011 and later
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STA1000 Quantitative Analysis
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ECO1002 Economics
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ACC1000 Accounting for Decision Makers
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MAN1000 Introduction to Management
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CIS1000 Information Systems
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MAR1000 Marketing Principles
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EAP1000 Business Communication
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CLW1000 Commercial Law
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ACC2000 Financial Accounting Processes
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MAN2000 Organisational Behaviour
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MAN2100 Corporate Social Responsibility and Business Ethics
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ACC2100 Management Accounting
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MAR2000 Marketing Management
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FINB000 Financial Institutions and Markets
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MAN2200 Foundations of Human Resource Management
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