2011

QUICK GUIDE
UNDERGRADUATE BUSINESS & ECONOMICS PROGRAMS
contents
01 Welcome
02 Why Study at the University of Adelaide?
04 W
 hy Undertake Business and Economics
Studies At the University of Adelaide?
07 Bachelor of Commerce
08 Bachelor of Commerce: Accounting
09 Bachelor of Commerce: Corporate Finance
10 Bachelor of Commerce: Marketing
11 Bachelor of Commerce:
International Business
12 Bachelor of Commerce: Management
13 Commerce Double & Concurrent Degrees
14 Bachelor of Economics
15 Economics Double & Concurrent Degrees
16 Bachelor of Finance
17 Bachelor of Finance (International)
18 Finance Double Degrees
19 Application Procedures
20 A Snapshot... of Student Life
22 Leading Honours

ASKthePROF is an exciting answer-

on-demand system that provides
information to commonly asked
questions about students’ life at the
Faculty of the Professions.
To find out more about: course
information, enrolment, student support,
internship opportunities and other
useful information, please visit:
www.adelaide.edu.au/professions/hub
 PG QUICK GUIDE | WELCOME

welcome
ASSOCIATE PROFESSOR BARRY BURGAN
Head, THE Business SCHOOL

“undergraduate
We welcome you to pursue your
business education with us.”
A business education from the University of Adelaide
Business School opens doors to a world of opportunities.
Our graduates are highly sought after by employers
worldwide and recognised as accomplished individuals,
ready to make their impact in the business world.

“Let us be part of your success.”

PROFESSOR CHRISTOPHER FINDLAY

Head, SCHOOL OF Economics

There’s more to Economics than you might think. The

School of Economics has a world class reputation for its
research. You will be taught by leaders in their fields. We
offer you a global view. We are committed to a vibrant
environment, and we offer a variety of ways of learning.

“employment
Our Bachelor of Economics graduates enjoy
opportunities in many careers
beyond that of ‘Economist’. Join us. The world
is in your hands. ”

01
 UG QUICK GUIDE | WHY ADELAIDE?

Why study at the

ADELAIDE CITY OF CULTURE

When you study at the University of

Adelaide, you study in the City of
Adelaide – the capital of South Australia.
Adelaide is a city of great visual harmony
and classical elegance, set beside the
Tradition of Academic Excellence
River Torrens, between the Adelaide Hills
and the waters of Gulf of St Vincent. With more than 135 years of excellence in education our University is one
Adelaide is a safe and friendly place to
of Australia’s oldest and most prestigious tertiary institutions. The University
live and study with an array of cafes and of Adelaide is a member of the G08 – Australia’s leading discipline rich and
shops reflecting the diversity of our ethnic research intensive universities. Our tradition of high academic performance
communities. It is also known to many is testified in our association with 5 Nobel Prize winners, 102 Rhodes
as the gateway to Outback Australia – Scholars and 104 Fulbright Scholars.
with the Flinders Ranges only 4 hours
north of Adelaide.
Strong International Reputation
The University of Adelaide is at the forefront of many international rankings.
We were ranked number 81 in the world top 200 universities in the THE-QS
World Ranking 2009 and ranked in the top 25 universities in the Asia Pacific
NORTHERN
TERRITORY
region by the Shanghai Jiao Tong University 2008 Ranking. In the 2010
QUEENSLAND Australian Good Universities Guide, we scored 5 Stars for staff-student
WESTERN
AUSTRALIA
ratios, research grant, research intensiveness and student demand.
SOUTH
AUSTRALIA
NEW SOUTH

Outstanding Research
ADELAIDE WALES

VICTORIA

Being one of Australia’s top universities in terms of research outputs,

research funding and quality of postgraduate research experience, it is
not surprising that our teaching and research are intimately related. Our
learning environment encompasses teachers who are active researchers and
specialists in their fields. This means that our teaching is informed by current
research.The University of Adelaide is ranked in the top 1% in the world in
11 research fields.

Admirable Campus Lifestyle

With more than 20,000 students and over 2800 staff, the University is small
enough to provide personal interaction with teaching staff, yet large enough
to offer a broad range of programs and student support services. Our main
campus is located in the city centre where grand old buildings and leafy
grounds intermingle with modern facilities to provide an exceptional learning
atmosphere in which you can achieve your best.

02
University of Adelaide?
State-of-the-art Facilities
The University is one of the best resourced higher education institutions in
Australia, with a wide range of facilities, including modern lecture theatres,
24 hour computer suites and an outstanding library with over two million
items. Wireless internet access, electronic resources, including online
teaching tools and worldwide databases, are common across the University.

Phenomenal Global Networks

Graduates of the University of Adelaide become part of a distinguished
alumni community that spans the world. You will have many opportunities to
network and get a head start on your professional journey through a variety
of social events and activities. Staying connected has never been easier with
the University’s dedicated alumni office. Wherever you go, you have access
to the vibrant Adelaide network.

Prominent International Linkages

The University offers a comprehensive study abroad and exchange program
which allows you to undertake one to two semesters of your studies at
other institutions. With more than 170 formal links, including a number
of prestigious universities around the world, you will be spoilt for choices
in selecting an institution that adds another decisive dimension to your
education at the University of Adelaide.

Excellent Support Services

From the moment you step onto the campus, you can expect a range
of high quality support services designed to help you settle quickly and
succeed in your studies. Academic learning support, career services,
counselling services, a peer networking program and health services are just
some examples the support services on offer to help you seamlessly fit into
your university education.

03
 UG QUICK GUIDE | WHY STUDY?

Why undertake BUSINESS

studies at the University

Contemporary Thinking
The University of Adelaide espouses fresh
thinking. We advocate innovative ideas and
encourage diversity, critical thought and
interaction amongst students and staff. As
a centre of academic excellence, we pride
ourselves on working and thinking outside the
square. You can expect to be challenged every
day to stretch your mindset and be exposed to
ideas beyond the traditional curriculum.

CFA Program Partner

Our finance programs have achieved
endorsement from the Chartered Financial Analyst
(CFA) Institute in the United States as a CFA
Program Partner. Being one of only five Business
Schools in Australia to be awarded the status of
a CFA Program Partner is an accomplishment
that exemplifies the quality of our programs and
our commitment to benchmark our programs to
professional international practice.

Partnership with Industry

Interaction with the industry is integral to our
teaching curriculum. You can kick-start your
career development and apply classroom learning
through a series of industry engagement programs,
such as “On the Couch”, “Leadership Forums”
and “G.C. Harcourt Visiting Professorship Lectures”.
These programs not only advance the academic
curriculum, they also extend your experience in
studying a Business or Economics program.
What’s more, our flagship 12 week Business and
Economics Internship Program, which allows you
to gain insights to career pathways and develop
skills and knowledge directly related to your
studies, is a much valued opportunity in today’s
competitive employment environment.

04
AND ECONOMICS
of Adelaide?

Inspiring Success Dynamic Classroom Experience

The University of Adelaide has a rich tradition You can expect to interact with and learn from
of inspiring students to achieve their very best leading experts. They not only facilitate the
academically. The growing list of accolades sharing of information but more importantly,
amongst our graduates authenticates they elicit responses, spur dialogues,
our success in providing an encouraging encourage difference of opinions and debate.
learning environment. The announcement of The challenging classroom mix of intellectual
a Fulbright Scholar and Rhodes Scholar from capital and high quality teaching in turn
our MBA and Economics programs as well as fosters the development of an exceptional
the outstanding performance of our students student body whom we expect to create the
at the national UBS Investment Banking dynamism of tomorrow’s business.
Challenge competition are just some of our
success stories.
Top Class Facilities
As a Business or Economics student
Academic Excellence you will have access to the Professions
Our reputation and location bring some of Student Support Hub. The Hub is the social
the most inspirational and thought-provoking centre for our student body. It features
leaders in the world through our doors. technologically advanced resources and
Experts in their specialist fields, our academic comfortable amenities to support your
staff are at the centre of our international study at the University. A spacious student
academic and business success. Working as lounge, advanced 24 hour computer suites,
the interface between the worlds of academia customised lockers together with dedicated
and industry, they frequently provide advice staff make exchanging information and group
to government bodies, address international work a breeze. You can be assured that every
conferences and foster close relationships with aspect of our infrastructure has been carefully
professional bodies and the corporate world. designed to facilitate and enhance your
learning experience. Our advisers for Business
You will benefit from cutting edge research and
and Economics programs are also located
insights of academics who push the boundaries
within the Hub to ensure that you are well
to achieve breakthroughs. Their ongoing
versed with the academic conventions.
rigorous and first class research generates
important and innovative ideas that improve
business practices and influence a generation Diverse Programs
of business professionals. Many have
The complexities of the global business
authored textbooks you will use in classroom,
world warrant a wide range of business
ensuring that you benefit from the latest
qualifications that will confront the challenges
developments and trends in global business.
and exploit the opportunities of today’s
competitive marketplace. Programs include
a full spectrum of specialist degrees in
Business, Economics and Finance.

05
PROGRAMS
 UG QUICK GUIDE | PROGRAMS

Bachelor of Commerce STUDY PLAN

BACHELOR OF COMMERCE

YEAR 1 SEMESTER 1
Accounting for Decision Makers I
Principles of Microeconomics I
Level I Elective
Level I Elective
Business skills are used within all professions and industries and
a broad understanding of business operations is attractive to all YEAR 1 SEMESTER 2
employers. A Bachelor of Commerce degree enables you to broaden Business and Economic Statistics I
your business knowledge and skill base and improve career options in Principles 0f Macroeconomics I
an increasingly interactive business world. Level I Elective
Level I Elective

Key Features YEAR 2 SEMESTER 1

Level II Commerce
•A
 high demand degree valued
Level II Commerce
by employers that promotes Level II Elective
interdisciplinary understanding Level II Elective
of business.
YEAR 2 SEMESTER 2
•P
 rovides broad understanding Level II Commerce
in accounting, economics and Level II Commerce
business statistics while allowing Level II Elective
you to design your own program by Level II Elective
taking electives from other areas of
your choice. YEAR 3 SEMESTER 1
Level III Commerce
•P
 rovides career pathways in private
Level III Commerce
business firms operating in the
Level III Elective
financial, manufacturing, retail and
Level III Elective
service sectors of the economy or
in federal or state government. YEAR 3 SEMESTER 2
Level III Commerce
Level III Commerce
Level III Elective
Level III Elective

ALLAN CHEN
Bachelor of Commerce

“I graduated with a Bachelor of Commerce and a

Bachelor of Finance. I’ve since moved from Adelaide
to Sydney, joining PriceWaterhouseCoopers’ Financial
Assurance–Financial Services group. I’ve found my
degrees from the University of Adelaide to be respected,
and my technical knowledge equal to that of my peers
in Sydney. My degrees have provided me with a
strong starting point for further education – allowing me to
meet the pre-requisites to become a Chartered Accountant.”
07
 UG QUICK GUIDE | PROGRAMS

STUDY PLAN
BACHELOR OF COMMERCE
(ACCOUNTING)
Bachelor of Commerce
YEAR 1 SEMESTER 1
(ACCOUNTING)
Accounting for Decision Makers I
Principles of Microeconomics I
Information Systems I
Level I Elective Today’s accountants are not solely preoccupied with ‘number-
crunching’; they are increasingly involved in business advising and
YEAR 1 SEMESTER 2 planning that sets future direction for an organisation. Our Bachelor
Accounting Method I of Commerce (Accounting) is designed to cover specific skills in
Principles 0f Macroeconomics I accounting, combined with broad knowledge in general business that
Business and Economic Statistics I leads to professional membership of CPA Australia and the Institute of
Commercial Law I
Chartered Accountants in Australia (ICAA).
YEAR 2 SEMESTER 1
Financial Accounting II Key Features
Commercial Law II
Level II Elective
• Designed to meet professional accounting qualifications.
Level II Elective • Provides career pathways in accounting, including specialised
YEAR 2 SEMESTER 2 fields such as taxation, accounting systems, auditing, management
Management Accounting II accounting, business advisory services and finance.
Business Finance II
Level II Elective Professional Recognition*
Level II Elective
• The Bachelor of Commerce degree is accredited by the two major
YEAR 3 SEMESTER 1 Australian Professional bodies: CPA Australia and the Institute of
Level III Accounting Course* Chartered Accountants in Australia (ICAA)
Level III Accounting Course*
Level III Elective * There are fifteen courses within the degree that are compulsory for an accounting
Level III Elective qualification. You will be eligible for Associate Membership of either accounting body
upon completion of:
YEAR 3 SEMESTER 2
• The Bachelor of Commerce degree, including required courses
Level III Accounting Course*
• A stipulated length of work experience;
Level III Accounting Course*
• The CA Program (ICAA) or the CPA Program (CPA Australia). Please see page 19 for
Level III Elective contact details for these professional bodies.
Level III Elective

Additional Requirements
Students must include one of the following
courses: Management II, Organisational
Behaviour II, Marketing II or Financial
Institutions Management II.
* Specific courses required for CPA and
CA programs

AMANDA CHENG LI-CHIEH

Bachelor of Commerce (ACCOUNTING)

Amanda graduated with a Bachelor of Commerce majoring

in Accounting and Corporate Finance. Amanda worked as a
part-time tutor and research assistant in the Business School
before gaining permanent employment at the chartered
accounting firm Fennell, Allen & Co.
“The Business School at the University of Adelaide has
been a great stepping stone in moulding my career
pathway, equipping me with the necessary skills to
08 prepare me for the corporate world.”
 UG QUICK GUIDE | PROGRAMS

Bachelor of CommeRce STUDY PLAN

BACHELOR OF COMMERCE
(CORPORATE FINANCE)
(CORPORATE FINANCE) YEAR 1 SEMESTER 1
Accounting for Decision Makers I
Principles of Microeconomics I
International Financial Institutions
Looking for your first step into a career within the financial services industry? and Markets I
The Bachelor of Commerce (Corporate Finance) is the right program to Level I Elective
equip you with the knowledge and skills needed for a career in corporate
YEAR 1 SEMESTER 2
finance, funds management, international finance or investment banking.
Business and Economic Statistics I
Principles 0f Macroeconomics I
Key Features Level I Elective
Level I Elective
•D
 esigned to provide you with the analytical skills to make corporate
finance and investment decisions and use financial instruments and YEAR 2 SEMESTER 1
securities markets to enhance returns and manage risk. Business Finance II
Intermediate Econometrics II
•P
 rovides career pathways in the financial services sector comprising
Level II Elective
banks, corporations, financial institutions, and in businesses as
Level II Elective
financial consultants, advisers and managers.
YEAR 2 SEMESTER 2
Business Valuation II
Professional Recognition Financial Institutions Management II
Level II Elective
•T
 he Bachelor of Commerce (Corporate Finance) entitles graduates to
Level II Elective
Affiliate Membership of the nationally recognised Financial Services
Institute of Australia (Finsia) YEAR 3 SEMESTER 1
•A
 useful starting point for complying with the entrance requirements Corporate Investment & Strategy III
of the globally accepted American professional body, The Institute Portfolio Theory & Management III
of Chartered Financial Analysts (CFA). The degree program covers Level III Elective
a significant portion of the CFA Program Candidate Body of Level III Elective
Knowledge (CBOK). YEAR 3 SEMESTER 2
•B
 y undertaking specific courses, you can also obtain partial Corporate Finance Theory III
compliance with ASIC RG146 Tier 1 Compliance in the areas of Options, Futures and Risk Management III
Level III Elective
generic knowledge, derivatives and securities.
Level III Elective

Khoa Pham Nguyen

Bachelor of Commerce (CORPORATE FINANCE)

“My decision to study the Bachelor of Commerce

(Corporate Finance) was influenced by the wide range of
opportunities that this degree offers. With confidence in my
skills and knowledge, I have taken a position with the 
Australian Central Credit Union where I can hopefully fulfil
my career ambition in the finance industry. Studying at the
University of Adelaide has enriched me in many ways with
knowledge, networks and practical experiences.
When considering postgraduate study, the University
09
of Adelaide will definitely be my first choice!”
 UG QUICK GUIDE | PROGRAMS

STUDY PLAN
BACHELOR OF COMMERCE
(MARKETING)
Bachelor of Commerce
YEAR 1 SEMESTER 1
(Marketing)
Accounting for Decision Makers I
Principles of Microeconomics I
Level I Elective
Level I Elective Marketing is a dynamic area involving giving an organisation a competitive
edge by anticipating demands for products and services as well as
YEAR 1 SEMESTER 2 analysing the behaviour of competitors and customers. The Bachelor
Principles 0f Macroeconomics I of Commerce (Marketing) prepares you for the challenges of the global
Business and Economic Statistics I marketplace and a career in marketing.
Level I Elective
Level I Elective
Key Features
YEAR 2 SEMESTER 1
•P
 rovides you with an understanding of the role of marketing within and
Marketing II
between organisations, as well as providing a sound background in
Level II Commerce Course
business.
Level II Elective
Level II Elective •P
 rovides a comprehensive, up-to-date understanding of the concepts,
YEAR 2 SEMESTER 2 techniques and professional application of today’s field of marketing.
Consumer Behaviour II •P
 rovides career pathways such as: market planner, sales manager,
Level II Commerce Course brand or product manager, advertising account manager, retail
Level II Elective manager, public relations officer, advertising executive, service
Level II Elective manager, and market researcher. Additional careers are possible in
distribution supply chain management and logistics and business
YEAR 3 SEMESTER 1
relationship development.
Marketing Communications III
Market Research III
Level III Elective Professional Recognition
Level III Elective
•T
 he Bachelor of Commerce (Marketing) degree enables you to gain
YEAR 3 SEMESTER 2
credit towards the Certified Professional Marketer (CPM) status
Market Strategy and Project III awarded by the Australian Marketing Institute (AMI). This professional
International Marketing III accreditation, recognised throughout Australia and the Pacific Basin,
Level III Elective
signals a full professional in the Marketing area.
Level III Elective

Lauren Ziervogel
Bachelor of Commerce (Marketing/Management)

Lauren graduated with a Bachelor of Commerce (Marketing/

Management) achieving top student in Marketing Communications
and best marketing plan awards, respectively and was also invited
to complete Honours in Marketing. “The passion and encouraging
support of the lecturers during my Commerce Degree inspired
my academic success in Marketing. Through this experience I
developed an enthusiasm for learning, which led me to pursue a
Bachelor of Laws that I am currently studying. I now look forward to
a thriving and exciting career practicing commercial law.”
10
 UG QUICK GUIDE | PROGRAMS

Bachelor of Commerce STUDY PLAN

BACHELOR OF COMMERCE
(INTERNATIONAL BUSINESS)
(International Business) YEAR 1 SEMESTER 1
Accounting for Decision Makers I
Principles of Microeconomics I
International Financial Institutions
International business is an essential component for most business and Markets I
organisations today with the exponential expansion in the use of Level I Elective
technologies such as the Internet, and the rise of global corporations.
YEAR 1 SEMESTER 2
The Bachelor of Commerce (International Business) degree prepares
Business and Economic Statistics
you to acquire contemporary knowledge and skills in core business
Principles 0f Macroeconomics I
disciplines within a global outlook framework.
Commercial Law I
Level I Elective
Key Features YEAR 2 SEMESTER 1
•P
 rovides broad foundation in international business as well as Management II
specialised studies in international management, international Marketing II
marketing, social challenges faced by multinational corporations, and Level II Elective
legal issues in international business. Level II Elective

•S
 ome career options may include working for a government YEAR 2 SEMESTER 2
instrumentality or an international non-government organisation such International Business II
as an aid agency. Other options include banks, tourism, hospitality International Trade and Investment Policy II
organisations, and airlines. Level II Elective
Level II Elective
* To complete the degree you will need to include the courses shown in the Study Pathway,
YEAR 3 SEMESTER 1
and one of the following requirements:
(i) at least 3 units of approved Humanities and Social Sciences courses and 12 units of International Management III
study undertaken at an approved institution abroad; or Legal Aspects of International Business III
(ii) at least 6 units of approved cultural courses; or Level III Elective
(iii) at least 12 units of foreign language studies; or Level III Elective
(iv) completion of the Diploma of Languages. YEAR 3 SEMESTER 2
International Marketing III
Corporate Responsibility for Global Business III
Level III Elective
Level III Elective

Makoto YAMAMURA
Bachelor of Commerce (International Business)

“One of the best aspects of studying International

Business at the University of Adelaide was the
multicultural environment which presented the
opportunity to put the theory into practice. For instance,
with students from all over the world, a simple group
assignment required me to actually utilise the intercultural
communication and management skills in the textbook.
After graduation I furthered my study at law school in
Japan in order to pursue my dream of becoming an
11
international corporate lawyer.”
 UG QUICK GUIDE | PROGRAMS

STUDY PLAN
BACHELOR OF COMMERCE
(MANAGEMENT)
Bachelor of Commerce
YEAR 1 SEMESTER 1
(Management)
Accounting for Decision Makers I
Principles of Microeconomics I
Level I Elective
Level I Elective Good management skills are developed over years of practice. A
management education that provides contemporary management
YEAR 1 SEMESTER 2 knowledge is a stepping stone to honing those skills. The Bachelor
Business and Economic Statistics I of Commerce (Management) allows you to acquire a solid foundation
Principles of Macroeconomics I in understanding complex management issues that confront
Level I Elective today’s managers.
Level I Elective

YEAR 2 SEMESTER 1
Key Features
Management II
Level II Commerce •D
 evelops skills required to successfully manage changes in work
Level II Elective structures, process and product technologies, employment relations,
Level II Elective organisational culture and strategy.
YEAR 2 SEMESTER 2 •S
 uitable for young professionals seeking employment in an
Organisational Behaviour II organisation in the public, private and not-for-profit sectors in areas
Level II Commerce such as human resources, planning or production.
Level II Elective
Level II Elective
Professional Recognition
YEAR 3 SEMESTER 1
•G
 raduates are eligible for membership of the Australian Institute of
Human Resource Management III
Management (AIM) and the Australian Human Resource Institute
International Management III
Level III Elective
(AHRI). The Bachelor of Commerce (Management) degree also meets
Level III Elective the educational requirement for the AIM (SA) qualification of Certified
Professional Manager (CPMgr). This qualification requires a minimum
YEAR 3 SEMESTER 2 of five years work experience with three years in a supervisory position.
Strategic Management III
Organisational Dynamics III
Level III Elective
Level III Elective

Additional Requirements: Students must

include at least two of the following courses:
Commercial Law I, Marketing II, Business
Finance II, Management Accounting II,
Professional Ethics, Argument & Critical
Thinking, Culture Globalisation & Power,
Professional English (ESL), English for
Professional Purposes, International Business II.

Clarissa Maywald
Bachelor of Commerce (Management)
Bachelor of International Studies.

“I graduated from the University of Adelaide with a Bachelor of

Commerce (Management) and a Bachelor of International Studies.
Since then, I have moved to Sydney to accept a permanent position
in the Finance department of Abigroup Contractors. In addition
to encouraging my academic pursuits, the Business School also
provided me with the opportunity to participate in a study exchange
to McGill University in Montreal. It is my intention to return to the
University of Adelaide in the future to further my education.”
12
 UG QUICK GUIDE | PROGRAMS

COMMERCE DOUBLE & STUDY PLAN

Bachelor of Commerce
(with a dOUBLE PATHWAY)

concurrent Degrees CORPORATE FINANCE WITH

Accounting Qualifications

YEAR 1 SEMESTER 1
Accounting for Decision Makers I
Double Degrees Principles of Microeconomics I
Bachelor of Commerce/Laws Students can apply via SATAC for entry into Information Systems I
both the Commerce degree and the Law degree for their first year of International Financial Institutions Markets I
study. The study pathway takes five years to complete. Students gain YEAR 1 SEMESTER 2
their Commerce degree after four years and then go on to complete Accounting Method I
their Law degree. Many law graduates will work in the commercial Principles of Macroeconomics I
law area. Career opportunities are enhanced by combining the study of Business and Economic Statistics I
commerce and law. Commercial Law I

YEAR 2 SEMESTER 1
Concurrent Degrees Financial Accounting II
The Commerce degree combined with another degree may broaden Business Finance II
Commercial Law II
your career opportunities. It is possible for you to complete the
Intermediate Econometrics II
concurrent degree programs listed below in a reduced time
period including the ability to achieve accounting qualifications within YEAR 2 SEMESTER 2
these concurrent degrees if required. Students completing the first Business Valuation II
year of study for the Bachelor of Commerce may apply for admission Management Accounting II
to Law studies at the Law School. Students may achieve accounting Level II Elective
qualifications within the Commerce and Law degrees if desired. An Financial Institutions Management II
overload in one or two semesters may be required.
YEAR 3 SEMESTER 1
Corporate Investment and Strategy III
Accounting Qualifications Level III Accounting Course
Level III Accounting Course
For further information about gaining professional accounting Portfolio Theory and Management III
qualifications, please contact:
YEAR 3 SEMESTER 2
CPA Australia Level 10, 420 King William Street, Adelaide SA 5000 Level III Accounting Course
Phone: 1300 737373 Web: www.cpaaustralia.com.au Options, Futures and Risk Management III
Corporate Finance Theory III
The Institute of Chartered Accountants in Australia (ICAA)
Level III Accounting Course
1 King William Street, Adelaide SA 5000
Phone: 1800 645 947 Web: www.icaa.org.au Students may graduate with either the
B.Com (Accounting) OR
B.Com (Corporate Finance.

KIMBERLY BURDETT
Bachelor of Media
Bachelor of Commerce (International Business/Marketing)

“After beginning my study with a Bachelor of Media it became

evident that a Bachelor of Commerce would complement my study
well, and place me in a unique and a superior position to enter the
competitive workforce. I found both marketing and international
business very appealing so decided to concurrently study both
pathways alongside my media studies. With the increasing
globalisation of the world, and a passion for travel, having an
understanding of business internationally has proved incredibly
useful in both my career, and personal life.” 13
 UG QUICK GUIDE | PROGRAMS

STUDY PLAN
Bachelor of ECONOMICS Bachelor of Economics
year 1
Principles of Microeconomics I
Principles of Macroeconomics I
Business and Economics Statistics I Economics provides a framework for understanding our society and
Mathematics for Economists I or how we organise ourselves. It investigates human behaviour and its
Economics Approved Mathematics course consequences in a world with scarce resources. Economics is a way of
Plus four Level I Electives understanding our society and community and how they interact to form
(chosen from the following list and other “The Economy”.
disciplines within the University)
The Bachelor of Economics provides insight into the ways in which
International Financial Institutions & Markets I
businesses are structured and compete, and the ways in which people
Australia and the Global Economy I
interact and make decisions.
Introductory Mathematical Economics I

year 2 Key Features:

Intermediate Microeconomics II
•S
 uitable for students seeking employment as future managers and
Intermediate Macroeconomics II
decision makers in all areas of the economy- private firms, government
Intermediate Econometrics II
departments, consultancies, and private and public interest groups.
Economics Level II course
•E
 conomics graduates are employed by banks, stockbrokers,
Plus four Level II Electives
(chosen from the following list and other manufacturers and distributors, insurance companies, the media, and
disciplines within the University) international consulting organisations.
International Trade and Investment Policy II •G
 raduates of the Bachelor of Economics (with a focus on Accounting)
Resource & Environmental Economics II are fully recognised by both major Australian professional accounting
East Asian Economies II
bodies: CPA Australia, and the Institute of Chartered Accountants in
Mathematical Economics II
Australia (ICAA).
Financial Economics II
Topics in Microeconomics II
Business and Economic Statistical Theory II 

year 3
Four Economics Level III courses 
Four Level III electives

Daisy McGregor
Bachelor of Economics (1st Class Hons)

“I have a Bachelor of Commerce from Melbourne and then came

to Adelaide, did one semester and then Honours in Economics. I
now work at the Reserve Bank of Australia as an economist. The
one-on-one support I received from Adelaide helped me to see that
research is something that I absolutely love as well as giving me
the confidence to pursue a field that I remember initially finding
incredibly intimidating. Now that I have started my job, I am glad I
have the extra technical skills and knowledge from honours
as otherwise I would be lost!”
14
 UG QUICK GUIDE | PROGRAMS

economics DOUBLE & STUDY PLAN

Bachelor of ECONOMICS with
BACHELOR OF FINANCE
CONCURRENT DEGREES year 1
Accounting for Decision Makers I 
Double Degrees Business Economics Statistics
The combination of an Economics degree with another degree may Principles of Microeconomics I
Principles of Macroeconomics I
provide you with a competitive edge and broaden your career prospects.
International Financial Institutions & Markets I
•B
 achelor of Economics / Bachelor of Arts Semester I Mathematics
•B
 achelor of Economics / Bachelor of Engineering Semester II Mathematics
•B
 achelor of Economics / Bachelor of Finance Level I Elective
•B
 achelor of Economics / Bachelor of International Studies
year 2
•B
 achelor of Economics / Bachelor of Laws
Business Finance II
•B
 achelor of Economics / Bachelor of Teaching Financial Economics II
Financial Institutions Management II or
Bachelor of Economics with Bachelor of Finance Financial Computing II
Intermediate Econometrics II
The combined program of Economics and Finance integrates the
Intermediate Microeconomics II
benefits of the more general economics program with the specialisation
Intermediate Macroeconomics II
of finance. Students who complete this program are very well placed in Two Level II Electives
the employment market.
year 3
Professional Accreditation Portfolio Theory & Management III
Options, Futures and Risk Management or
•G
 raduates of the Finance degree are entitled to Affiliate Membership of Financial Modelling Techniques III 
the nationally-recognised Financial Services Institute of Australia (Finsia).  Two Level III Finance courses,
•B
 y undertaking specific courses, graduates can also obtain partial Four Level III Electives
compliance with the Australian Securities and Investments Commission
year 4
PS146 tier I Compliance, in the areas of generic knowledge derivatives
and securities.    Four Economics Level III courses 
Four Level III electives
•T
 he Bachelor of Finance degree covers material relevant for entry to
the Chartered Financial Analysts and Financial Planning Association.

Concurrent Degrees
The Economics degree may be combined with one of the following
programs and completed in four years by selecting appropriate courses:
Commerce, Computer Science, Environmental Studies, Mathematical
and Computer Science, and Media.

David Maddison
Bachelor of Economics /
BACHELOR OF Commerce (Management)

“The structure of The University of Adelaide’s concurrent

degree gave me the flexibility to work part time whilst
studying. I was able to gain valuable experience in the
banking industry and applied my studies to real world
practice. The Business School equipped me with the skills
necessary to observe how my studies contribute to the
overall success of my employer as well as adding value
for all stakeholders in an organisation.”
15
 UG QUICK GUIDE | PROGRAMS

STUDY PLAN
BACHELOR OF finance Bachelor of FINANCE
year 1 SEMESTER 1
Accounting for Decision Makers I
Principles of Microeconomics I
International Financial Institutions & Markets I The Finance program is quite distinct in that it includes topics in
First Semester Maths finance, economics and mathematics. This combination provides
students with excellent skills in preparation for their career in the finance
year 1 SEMESTER 2
industry. Employers have shown significant interest in the program and
Business & Economic Statistics I
competition for graduates is fierce.
Principles of Macroeconomics I
Level I Elective
Second Semester Maths Key Features
• Designed to introduce students to the global financial markets and
year 2 SEMESTER 1
assets traded within those markets.
Business Finance II
• The program provides economic and mathematical focus to financial
Intermediate Econometrics II or
Introduction to Mathematical Statistics II
products and services.
Level II Elective • The program exposes students to global financial institutions and delves
Level II Elective deeper into retail and investment banking activities, as well as the
regulatory environment they operate in.
year 2 SEMESTER 2
Financial Economics II
• The general program is often taken as a double degree with Economics,
Financial Institutions Management II or
Engineering, Mathematics or Law.
Financial Computing II • Suitable for students seeking employment in retail and merchant banks,
Level II Elective investment firms, both domestic and multinational corporations, as well
Level II Elective as government regulatory bodies.

year 3 SEMESTER 1
Professional Recognition
Portfolio Theory & Management III
Level III Finance • Completion of the Bachelor of Finance entitles graduates to Affiliate
Level III Elective* Membership of the nationally recognised Financial Services Institute
Level III Elective* of Australia (Finsia).
year 3 SEMESTER 2 • The Bachelor of Finance is a useful starting point for complying
with the entrance requirements of the globally accepted Institute of
Options, Futures & Risk Management III or
Financial Modelling Techniques III Chartered Financial Analysts (CFA). Also, the Bachelor of Commerce
Level III Finance (Corporate Finance) covers a significant portion of the CFA Program
Level III Elective* Candidate Body of Knowledge.
Level III Elective* • By undertaking specific courses, graduates can also obtain partial
compliance with ASIC RG146 Tier 1 Compliance in the areas of generic
‘Level III Finance’ means any Level III knowledge, derivatives and securities.
course in Finance.
* If two of these electives are Finance Level Please Note: There is no prerequisite for entry to the Finance degrees however students are
III courses, the remaining electives can be advised that a knowledge of mathematics is helpful for finance, commerce and economic
Level II courses.
courses and is essential for some courses.

Minh Phuong Doan

Bachelor of Finance (Honours)

“After graduating from the Bachelor of Finance degree, I was offered

the opportunity to undertake Finance (Honours). The program
interested me as it offered a combination of coursework and research
work. With a strong foundation in business statistics and modelling I
decided to specialise in quantitative finance
and in particular asset pricing. As an honours graduate I have been
highly valued by professional employers. I have chosen
to work at RMIT University as a Business School Research Assistant
to continue my chosen career path in research.”
16
 UG QUICK GUIDE | PROGRAMS

Bachelor of Finance STUDY PLAN

Bachelor of Finance
(International)
(International) year 1 SEMESTER 1
Accounting for Decision Makers I
The Bachelor of Finance (International) specialisation commences in the Principles of Microeconomics I
second year, where foundation courses are undertaken to prepare you International Financial Institutions & Markets I
for the third year specialisation. First Semester Maths
year 1 SEMESTER 2
Key Features Business & Economic Statistics I
• Designed to provide the student with an international focus, specifically Principles of Macroeconomics I
in the areas of international banking, international investments and Level I Elective
international management of financial risk. Second Semester Maths

• The program exposes students to the financial framework at the global YEAR 2 SEMESTER 1
level covering areas such as the mechanics and operation of foreign Business Finance II
exchange and interest rate markets, financial econometrics, financial Intermediate Microeconomics II
institutions and investments. Intermediate Econometrics II
• Suitable for students seeking a career in trading international financial Level II Elective
instruments, providing financial and investment advice to multinational year 2 SEMESTER 2
companies, governments and those who desire a career in financial
Financial Economics II
institutions.
International Trade & Investment Policy II
Intermediate Macroeconomics II
Professional Recognition Level II Elective
• Completion of the Bachelor of Finance (International) entitles graduates
YEAR 3 SEMESTER 1
to Affiliate Membership of the nationally recognised Financial Services
Portfolio Theory & Management III
Institute of Australia (Finsia).
Money, Banking & Financial Markets III
• The Bachelor of Finance (International) is a useful starting point for Level III Elective*
complying with the entrance requirements of the globally accepted Level III Elective*
Institute of Chartered Financial Analysts (CFA).
year 3 SEMESTER 2
• By undertaking specific courses, graduates can also obtain partial
Options, Futures & Risk Management III
compliance with ASIC RG146 Tier 1 Compliance in the areas of generic
International Finance III
knowledge, derivatives and securities. Level III Elective*
Level III Elective*
Please Note: There is no prerequisite for entry to the Finance degrees however
students are advised that a knowledge of mathematics is helpful for finance, commerce
* If two of these electives are Finance Level
and economic courses and is essential for some courses.
III courses, the remaining electives can be
Level II courses.

Alexandra Olczyk
Bachelor of Finance (International)
Bachelor of Economics

“My decision to undertake a double degree in Finance and

Economics was driven by the wide range of applications and
possibilities that these fields offer. This training has lead to me
to obtaining a cadetship with the Australian Bureau of Statistics,
which supports me in my current studies and provides full time
employment at the completion of my Honours year.I discovered
that not only were Finance and Economics closely related to each
other, but that these areas of study provide a broader education
because of their wide‑ranging inter‑disciplinary nature.” 17
 UG QUICK GUIDE | PROGRAMS

Peter Larden
Bachelor of Finance FINANCE double
degrees
Bachelor of
Engineering (Chemical)

Peter graduated from the University

of Adelaide in 2003 with a Bachelor
of Chemical Engineering 1st Class A double degree is an excellent opportunity to enhance your academic
Hons and was awarded the experience and expand your career options. Most double degree
University Medal in the same year. programs with the Bachelor of Finance can be completed in four to
In 2005 he completed a Bachelor five years of full time study.
of Finance focussing on Portfolio
Theory, Corporate Structures and • Bachelor of Economics / Finance
Financial Modelling Techniques. • Bachelor of Engineering (Chemical) / Finance
• Bachelor of Engineering (Civil and Environmental) / Finance
“The combination of • Bachelor of Engineering (Civil and Structural) / Finance
Engineering and Finance • Bachelor of Engineering (Computer Systems) / Finance
provided me with a • Bachelor of Engineering (Electrical and Electronic) / Finance
competitive advantage • Bachelor of Engineering (Mechanical) / Finance
when entering the • Bachelor of Engineering (Telecommunications) / Finance
workforce. ” • Bachelor of Laws / Finance
• Bachelor of Mathematical and Computer Science / Finance
Since leaving university Peter has
worked at ExxonMobil in Melbourne
in both the Engineering and Planning
and Business Analysis departments.
His roles have focussed on professional financial bodies
optimising the value of existing oil
Financial Services Institute of Australasia
and gas operations in Bass Strait.
www.finsia.com

“Establishing a strong Australian Securities and Investments Commission

www.asic.gov.au
technical understanding of
the opportunities, coupled Global Association for Risk Professionals GARP
www.garp.com
with the drivers of project
 inancial Planning Association of Australia
F
economics is critical to www.fpa.asn.au
developing sound
Institute of Actuaries of Australia
business judgement. ” www.actuaries.asn.au
The balance of Engineering and  hartered Financial Analyst (CFA) Institute
C
Finance qualifications from the www.cfainstitute.org
University of Adelaide provided a
solid basis for these skills.

18
 UG QUICK GUIDE | PROGRAMS

APPLICATION PROCEDURES RYAN RAMSEY

Bachelor of FINANCE
BACHELOR OF COMMERCE
Local Students and International Students Studying (1ST CLASS HONs)
an Australian Year 12
“Having completed my Bachelor of
Applications for entry should be made through South Australian Tertiary Finance degree in 2004 I decided to
Admission Centre. take a year off study. Not unlike many
university graduates I was uncertain
Bachelor of Commerce SATAC code: 314101 2010 TER: 80
as to what career path I would pursue.
Bachelor of Economics SATAC code: 314141 2010 TER: 65
Bachelor of Finance SATAC code: 314401 2010 TER: 65 It was during this time I
decided to undertake the
International Students
Applications should be made through the International Office.
Honours program to
Please refer to: www.international.adelaide.edu.au/apply/ further my analytical skills
and finance knowledge
and to improve my career
Accounting Qualifications prospects over and above
For further information about gaining professional accounting that of my peers.
qualifications, please contact the following organisations:
I found the Honours program to
CPA Australia assist in many levels of my education
from a more detailed understanding
Level 10, 420 King William Street, Adelaide SA 5000
of corporate finance principles to
Phone: 1300 737373 Web: www.cpaaustralia.com.au
detailed research, critical analysis of
theories and public speaking. A
The Institute of Chartered Accountants in Australia (ICAA)
highlight for the year was presenting
1 King William Street, Adelaide SA 5000 my thesis proposal at the Australasian
Phone: 1800 645 947 Web: www.icaa.org.au Business and Behavioural Science
Association Conference held at the
University of Adelaide.
CFA CHARTER During my Honours year I success-
fully applied for an analyst position
For further information about gaining CFA qualification, please contact: within the corporate team at Futuris
Corporation where I have worked for
Chartered Financial Analyst (CFA) Institute the last year and a half. My pending
Suite 3406-7, Two Exchange Sq, graduation was critical in gaining this
8 Connaught Place Central, Hong Kong SAR position with Honours qualifications
Phone:+852 2868-2700 Web: www.cfainstitute.org being a prerequisite for the role.”

19
 UG QUICK GUIDE | SNAPSHOT

A Snapshot... O
Kimmy
Hi my name is Kimmy, I am a third year Bachelor of Commerce / Media student.

7am BEEP BEEP BEEP BEEP BEEP!!!

Am I dreaming annoying noises again!? It can’t be 7am already- it was only a minute
ago that I was completing my marketing assignment due this week!

7.30am I drag myself to the gym; I have a presentation today for my Consumer
Behaviour tutorial - so I run through my notes whilst on the exercise bike. I should
be fine, but presentations aren’t my favourite thing.

10am I jump on the bus and make my way into town. I meet with some friends at Cibo
and grab a large Latte before heading to my first lecture.
11am I’m amazed when I enter the lecture hall and realise just how many of the 200 plus
students look familiar to me. I see a few of my close friends from my Management tute,
so head on over and sit with them.

12pm Midday and time to feed the grumbling stomach! It is a toss-up between
$9 Schnitzel and a drink at the UniBar, or making the most of the special University
of Adelaide student discount across in the many food
courts in Rundle Mall. Too many options!!!
(1 New Message) Perfect! I head across the Bar Smith Lawns where
a free BBQ Sausage Sizzle has attracted a crowd of students! I
meet my friend at Rumours Cafe in Union House, and we both order
one of their popular pizzas. After some good food and a lengthy R u as hung
I am? Cravin
ry as
discussion comparing workloads and sharing thoughts on last week’s at Rumours
g pizza
Cafe....
guest speaker presentation in Finance, it is time to hit the books! meet u in 10
K?
min?

2pm I am meeting my group at the library for work on our

Market Research Project. The group assignment is due in just
two weeks and, as per normal, everyone still has lots to do! We
head to the group work area and set up our laptops to compare
progress. We divide up the remaining tasks, discuss our presentation,
and then arrange another meeting time for next week.

4pm I am first up for my presentation- eager to get it out of the way! All goes
surprisingly well...a whole lot of stress for nothing- usual story!

Kim just blitzed her final presentation- who’s free for celebration drinks?
about 10 mins ago • Comment • Like

Before long, a group of us are enjoying a meal on Rundle Street. One of the many
benefits of the University of Adelaide is its city location!

All this in the day of an average Uni student- there are ups and downs, stress and
relief, humour and confusion, strangers and friends. It’s a life experience you will
remember forever....

20
 UG QUICK GUIDE | SNAPSHOT

OF Student Life
SHAVIN
My name is Shavin. I’m a first year student studying a Bachelor of Commerce/Law
degree. I don’t really keep a diary (does anyone under 30 anymore?), but if I did, this
is what it would look like.

8am Woke late. No time for a shower, grab some brekky. Ran most of the way to Uni...
only a couple of mins late. Able to sneak in.
9am Torts II lecture
10am Grab a coffee to wake me up.
11.50am Print out lecture notes for BES.
12pm Freak out about the fact that the law library printer has (as usual) stopped
printing! Guess I’ll be writing on blank A4 sheets again.

12.10pm BES lecture (ps. Bring a pillow... sigh)

1.10pm Meet up to discuss Macro assignment at The Hub.
2.30pm Realise we haven’t done anything.
3pm I suddenly realise that the printer, which has been working fine up till this
moment, is being repaired! Luckily there are other printers I can use here.

3.10pm Torts II Lecture (Torts ROX!!!! Now If only we had less readings to
do - 74,639,823 pages seems a little unreasonable to get through in a week! It’s
still better than principles of public law though. Macro seems like a comic book in
comparison - in pages - not the actual learning material.)

4.15pm Buy groceries (translation: MI GORENG! Never realised I needed noodles this
much till I got here.) AVOID THE BAKERY SECTION (never works sigh.. at least I
have these cupcakes to cheer me up!)

5pm Home (Walking home is nice - well it would be if

it STAYED sunny or STAYED rainy! Thankfully I carry an
umbrella and a jumper every day... never know when I’ll Note To S
elf
need them over here.)
Obligatory
fortnightly
Further note to self: AVOID THE LAW FRONT surprise p
arty tomo
OFFICE.. it’s election week. The sheer rrow.
number of
It’s funny how everyone suddenly caring about u is them has
forced peo
REALLY REALLY annoying!!!!!!!! to be more ple
creative in
the “surpri
se” departm
ent.
Facebook
says this
person’s b
irthday is
week from in a
now....sigh
.

21
 UG QUICK GUIDE | HONOURS

LEADING HONOURS
Students who do well in their Claire Johnson
Undergraduate Business Bachelor of COMMERCE
(1st Class Hons)
or Economics degree may enrolled in PhD
apply for entry to an Honours
Degree, specialising in any of “After completing my Bachelor of
the areas of study supervised Commerce in 2008, I was unsure
about the career path I wanted to
by the School.
pursue, and no graduate positions
Honours requires an extra had sparked my interest. I decided
year of full-time study and to undertake the Honours program to separate myself
leads to the award of a from my peers by obtaining a qualification that would
second degree namely a demonstrate my analytical, communication and research
Bachelor of Commerce skills to future employers.
(Hons), Bachelor of
Economics (Hons) or a A highlight for the year was presenting my
Bachelor of Finance (Hons). thesis results at the Australian and
New Zealand Academy of Management
Conference held in Melbourne. Speaking
to a group of experts in my research area
was daunting, but getting positive feed-
back was really exciting!
During my Honours year I decided to go on and do a
PhD – one which has a strong industry focus. With these
qualifications, it opens up opportunities to potentially
pursue an academic career, but will also sets me up
with skills and knowledge valuable to a consulting or
professional position in a broad range of industries.”

22
 UG QUICK GUIDE | HONOURS

Ivan Obaydin
Bachelor of FINANCE
(1st Class Hons)

Ivan graduated as the University

of Adelaide Business School’s top
Honours student. The high point
of a three year undergraduate
Bachelor of Commerce degree
and a Finance Honours year.
“Studying at the University of Adelaide has been a fantastic
experience,” said Ivan.

“I’ve really enjoyed the Bachelor of

Commerce which is a very diverse
program. It has given me exposure to
many different facets of finance as well
as other areas in business. My Honours
year was an amazing and rewarding
experience and I thrived on the
challenges presented. ”
Ivan paid particular tribute to his Honours supervisor whose
guidance he felt contributed to his successful results. Now
embarking on a three-year PhD, Ivan is keen to pursue a
career in the finance industry as an analyst or a trader once
his studies are complete.

23
UG QUICK GUIDE | NOTES
 DISCLAIMER
The information contained in this
publication is correct at the time of
printing but may be subject to change
without notice. With an aim to continual
improvement the University of Adelaide is
committed to regular reviews of the courses
and programs it offers to students.
As a result, the specific courses available to
students may vary from year to year.
The University of Adelaide assumes no
responsibility for the accuracy of the
information provided by third parties.

This publication is printed using soy-based inks on Mega Recycled FSC

Silk paper, made from 50% Recycled post consumer waste and 50% fibre
sourced from sustainably managed forests. Mega Silk is manufactured
under the environmental management system ISO 14001.
 graphic design: this big design
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The University of Adelaide
South Australia 5005 Australia

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[email protected]

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