School of Business > Undergraduate Courses

Bachelor of Business (Financial Management)

Overview

Description:	Finance is one of the world’s fastest growing and most dynamic industries. Global financial market integration has led to the emergence of multinational corporations. In the commercial world of today, all executives need expertise in the “art of managing money” which has become a sophisticated discipline in its own right. Finance is the study of financial and capital markets and is concerned with decision making within those markets and how values or prices of financial assets are determined. It is concerned with investment decisions, financing decisions of a firm and the development of risk hedging strategies so as to minimise the damaging effects of adverse movements in share prices, interest rates, exchange rates and other uncertainties. The course includes foundation subjects in the areas of accounting for decision making, economics, data analysis, customer experience, business law, business information systems, management and personal professional skills. These subjects are then complemented by specialist topics in portfolio management, financial institutions and markets, multinational business finance and business modelling. The Bachelor of Business offers choice and flexibility, with the option to combine Sports and Events Management with a second major from Accounting, Economic and Regional Development, Human Resource Management, Marketing, Management and Entrepreneurship, Tourism Management, Business Law and Communication Design. Study in non-business disciplines is available to cater for individual interests or a specialist career goal.

Duration:	3 years fulltime
Mode:	On campus, full or part time ^*
Workload:	Normal workload expectations are a minimum of 10 hours per week for every subject, including class contact hours, preparation and time spent on assessment tasks.
Type:	Undergraduate
Credit points:	72 credit points ^o
Mid-year entry:	Yes
Campus:	Townsville
Faculty:	Law, Business & the Creative Arts
Prerequisite/s:	English, Maths B (recommended)
QTAC code:	312181 Townsville

^* Duration: Part-time study is available to domestic students only.

^oCredit points: Represent the combined value of individual subjects in a degree. One subject usually constitutes three credit points.

Structure

Disclaimer - The list of subjects below is correct for 2009, but may change for 2010. Prospective students should contact the University to confirm admission requirements and the availability of courses.

Students must complete 72 credit points consisting of:

1.
Not more than 30 credit points of level 1 subjects
2.
At least 18 credit points of level 2 subjects
3.
At least 18 credit points of level 3 subjects

1. Core

Students must complete the following core subjects:

BU1002:03 Accounting for Decision Making

BU1003:03 Economics for Business

BU1004:03 Management, People and Organisations

BU1005:03 Personal and Professional Skills in Business

BU1006:03 Managing the Customer Experience

BU1007:03 Business Data Analysis

PLUS

At least 3 credit points of additional level 1 subjects and 6 credit points of additional level 2 subjects selected from those included in Schedule A or Schedule B.

PLUS

At least 3 credit points of level 2 subjects selected Schedule B.

Schedule A

Level 1

BU1008:03 Marketing Fundamentals

BU1009:03 Business Information Systems

BU1011:03 Business, Leisure and Society

BU1112:03 Business Law and Ethics

Level 2

BU2005:03 Entrepreneurship

BU2006:03 Business Modelling

BU2007:03 Project Management

BU2008:03 Leadership and Strategic Thinking

BU2050:03 Work Integrated Learning

BU2060:03 Professional Experience

BU2112:03 Law of Business Organisations

BU2208:03 Marketing Fundamentals

BU2209:03 Business Information Systems

BU2050:03 Work Integrated Learning

BU2060:03 Professional Experience

Schedule B

BU2004:03 Financial Management

BU2010:03 Business Research Methods

Financial Management Major component

BX2031:03 Personal Portfolio Management

BX2032:03 Financial Institutions and Markets

BX3031:03 Multinational Business Finance

BX3032:03 Advanced Business Modelling

BX3033:03 Project Evaluation

BX3021:03 International Trade

It is highly recommended that students completing the Financial Management major select the following subjects from Schedule A or Schedule B:

BU2004:03 Financial Management

BU2006:03 Business Modelling

2. CPA and/or ICAA accreditation

To be eligible for accreditation with Certified Practicing Accountants (CPA Australia) and/or the Institute of Chartered Accountants Australia (ICAA) students must complete the Accounting major as well as the following 18 credit points consisting of the following subjects:

BU1009:03 Business Information Systems

BU2209:03 Business Information Systems

BU1112:03 Business Law and Ethics

BU2004:03 Financial Management

BU2006:03 Business Modelling

BU2112:03 Law of Business Organisations

BU3112:03 Taxation

3. Majors

(a) In addition to the above core subjects student’s may wish to select an optional second major from either the business or non-business majors shown below.

(b) The following Majors are available:

Economics & Regional Development (Townsville Only)
Financial Management (Cairns Only)
Hospitality Management (Cairns Only)
Human Resource Management
International Business (Cairns Only)
Management & Entrepreneurship
Marketing
Tourism Management
Sports and Events Management

Business Law
Communication Design (Townsville Only)

(d) Any completed named majors will appear on the testamur.

(e)The availability of majors will vary according to study centre.

Honours

An Honours program is available for those students who demonstrate high academic performance. Honours consists of an extra year of study and the development of a personal research project and thesis. An Honours degree is usually essential for entry to research higher degrees. JCU's School of Business also offers a wide range of postgraduate study opportunities and has an active research program.

24 credit points of specified honours subjects as follows:

BU4061:03 Research Paradigms in Business

BU4062:03 Current Issues in Business Research

BU4064:03 Research Design: Methods and Statistics Part 1 of 2

BU4065:03 Research Design: Methods and Statistics Part 2 of 2

BU4068:06 Honours Thesis Part 1 of 2

BU4069:06 Honours Thesis Part 2 of 2

Career Opportunities

The program equips students with the management skills for a career in a range of business settings. By selecting appropriate elective courses and majors, students can direct their studies towards individual career pathways. Please browse our discipline areas for more detailed career pathways.

Professional Accreditation

Provided particular requirements are met and depending on choice of major, graduates may seek membership of the following organisations:

Australian Institute of Management
Australian Human Resources Institute
Australian Marketing Institute
Australian Amusement, Leisure & Recreation Association, Inc.
Australian Institute of Travel & Tourism
Market Research Society
Institute of Public Administration Australia
The Economic Society of Australia QLD
The Catering Institute of Australia
The Hotel & Catering International Management Association
Inbound Tourism Organisation of Australia
Meeting Industry Association of Australia

Application and Contact Information

Australian and New Zealand students

International Students