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Bachelor of Applied Finance - University of South Australia PDF Print E-mail

Bachelor of Applied Finance - University of South Australia

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Program Code: DBBF

Program Level: Undergraduate

SATAC code: 424051

Home Campus: City West

Program Length (in EFTSL): 3

Aim

This degree provides graduates with specialist knowledge in applied finance that is appropriate to the needs of managerial personnel in financial institutions or in areas of business such as treasury, financial planning and small business management, and the potential to proceed to the honours program and other postgraduate study.

Entry requirements

Applicants are required to have:

  • Qualified for the SACE; and
  • Recorded achievement in five SACE subjects taken at Stage 2 level; and
  • Included at least four Stage 2 subjects which are approved Higher Education Selection Subjects (HESS);
  • Obtained a competitive TER.

 Alternatively, the minimum educational requirements may be met by those who have:

  • Completed the equivalent secondary education qualifications as required for university entry under SACE;
  • Completed or partly completed a recognised higher education program at a recognised higher education institution;
  • Completed at least four Open Universities Australia (OUA) courses at the appropriate level;
  • Completed a recognised diploma or advanced diploma from TAFE;
  • Completed the International Baccalaureate Diploma;
  • Completed the University Foundation Studies program with a competitive GPA;
  • Qualified for Special Entry.

 

English language entry requirements

For international applicants for whom English is a second language, the minimum English language requirements are:

International English Language Testing System (IELTS Academic): Minimum score of 6.0 in Reading and Writing sub scores and minimum overall score of 6.0 obtained within the last two years or corresponding results from an equivalent test such as TOEFL or the appropriate Academic English language level delivered at CELUSA;

OR

Successful completion of a secondary qualification in Australia within the last two years;

OR

Successful completion of at least one year of tertiary study in Australia within the last two years;

OR

Successful completion of one year of secondary or tertiary study conducted and completed in English within the last two years in a country in which:

  • English is an official language; or
  • English is commonly used, as determined by the University.

 

Knowledge of Mathematical Studies and Specialist Maths at SACE Stage 2 is generally assumed. Nevertheless, students are counselled on entry and where appropriate may be advised to undertake a bridging program.

Content/structure

Students undertake the Division-wide core and then a major in applied finance. In addition, students can undertake the professional sequence in applied finance and must complete 108 units to satisfy the requirements of the program.

Professional recognition

Graduates satisfy the educational requirements for Associate membership of the Financial Services Institute of Australasia. Membership of the Financial Services Institute of Australasia further requires the graduate to be working in the financial services industry.

Completion of the program also provides Tier 1 accredited recognition by the Australian Securities and Investments Commission which is the minimum requirement to act as a representative of an Australian financial services licensee in the financial planning industry. Further Tier 1 accredited recognition can be obtained by students completing the following course:
BANK 3005 Applied Financial Planning

Fee information

Fees for International students: $AU 18,880 per 1.0 EFTSL for students commencing in 2010.
Fees are calculated on a per Unit basis with 1.0 EFTSL = 36 Units.
Fees for International students are determined one year in advance and are subject to variation.

Program requirements

Course nameArea + Cat. No.UnitsEFTSL
FIRST YEAR   
First Half (Study Period 1, 2 or 3)   
Macroeconomics
ECON 10074.50.125
Business Information Systems
INFS 10114.50.125
Financial Management
BANK 10024.50.125
Accounting, Decisions and Accountability
ACCT 10054.50.125
Second Half (Study Period 4, 5 or 6)   
Marketing Principles: Trading and Exchange
MARK 10104.50.125
Statistics for Business
MATH 10524.50.125
Introduction to Management
BUSS 10544.50.125
Derivatives and Securities Markets
BANK 10054.50.125
SECOND YEAR   
First Half (Study Period 1, 2 or 3)   
Business Finance
BANK 20074.50.125
Introduction to Law
LAWS 10024.50.125
Managing Communication in Business (see Note 4)
COMM 10544.50.125
Professional Sequence / Elective (see Note 2)
 4.5 
Second Half (Study Period 4, 5 or 6)   
International Currency and Banking Markets
BANK 20064.50.125
Financial Planning
BANK 20084.50.125
Professional Sequence / Elective (see Note 2)
 4.5 
Elective
 4.5 
THIRD YEAR   
First Half (Study Period 1, 2 or 3)   
Portfolio and Fund Management
BANK 30044.50.125
Investment Banking and Project Finance
BANK 30024.50.125
Professional Sequence / Elective (see Note 2)
 4.5 
Elective
 4.5 
Second Half (Study Period 4, 5 or 6)   
Financial Risk Analysis
BANK 30034.50.125
Professional Sequence / Elective (see Note 2)
 4.5 
Elective
 4.5 
BUGE Elective
 4.5 

Rules

The program comprises:

  • a Division core of eight courses
  • a major of eight courses specific to the program;
  • seven electives, which may be used to complete
      • a professional sequence of four courses and three elective courses, or with the approval of the Program Director
      • a second major of eight courses from within the Division (which includes one course from the Division core), or
      • a minor of four courses (which includes one course from the Division core) and four elective courses from within the Division or four elective courses from outside of the Division, or
      • two minors of four courses each from within the Division (with at least one minor including one course from the Division core); and
  • one contrasting Broadening Undergraduate Education course (BUGE).

     

    Notes

    1. All Division core courses will be offered in both first and second half of the year.

    2. Students are strongly encouraged to complete the Applied Finance professional sequence which comprises:

      ECON 2007 Forecasting and Business Analysis (first half of the year)
      BUSS 3001 Small Enterprise Management (first half of the year)
      BANK 3005 Applied Financial Planning (first half of the year)
      BANK 3006 Financial Modelling (second half of the year)

      Alternatively, with the permission of the Program Director, students may use the professional sequence/elective courses to complete:
      • a second major of eight courses from within the Division (which includes one course from the Division core), or
      • one minor of four courses (which includes one course from the Division core) and four elective courses from within the Division, or courses from outside of the Division, or
      • two minors of four courses each from within the Division (with at least one minor including one course from the Division core).

    3. The program of study set out above conforms to the University's Broadening Undergraduate Education Policy. 

    4. For international students, applicants accepted with an IELTS score less than 7 will be required to enrol in a 2 hour tutorial for COMM 1054 Managing Communication in Business.

    5. Students who have studied either course in the following list, will be deemed to have completed the core course requirement only for the purposes of: transition, program transfer, double degrees and transnational programs where a limited range of courses may be available; and granting of credit for related diploma programs such as SAIBT and Eynesbury.
      • Macroeconomics/ Microeconomics/ Economic Principles
      • Introduction to Law/ Marketing and Trade Practices Law
      • Knowledge Management in Organisations / Business Information Systems
      • Statistical Analysis in Business/ Quantitative Methods for Business/ Statistics for Business
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