Duration
2 years
Intake dates
January
What does this course involve?
This two-year program will prepare you for a variety of business roles including management, team-leading, coordination, marketing, accounting and import/export, or to further study for a Bachelor of Commerce.
You can major in accounting, international business or marketing.
You will learn important skills in accounting, finance, management, marketing, business law, economics and international business.
This course will prepare you for a wide range of generalist graduate positions within organisations. The knowledge and techniques you acquire will help you to quickly adapt and learn in the dynamic world of business.
Entrance requirements
Australian Year 12 or equivalent with a pass. Relevant senior employment experience in industry will be considered.
English Language Proficiency
A minimum IELTS overall score 6.0 Academic with no band less than 5.5
A minimum TOEFL score of 550 for paper examination; 213 for computer based and 79 for Internet based.
Special admission requirements
None.
Cost
Aus $12,500 per year
plus amenities and materials fees
What employment opportunities will I have?
You could work in a variety of contexts within businesses. These include management, team-leading, coordination, marketing, accounting and import/export roles.
As a student, the Institute’s Employment Service is your first port of call for advice on gaining employment in this field, and can be contacted on
1300 BOX HILL (1300 269 445).
What further study options will I have?
You can apply for advanced standing in a Bachelor of Commerce at a university. You may be eligible for up to two years credit in a three-year Bachelor of Commerce degree at Deakin University.
Accreditation
This course is accredited by the Victorian Office of Higher Education.
Course Structure
The Associate Degree in Commerce is a two year higher education program. Graduates may be eligible for up to two years credit in a three-year Bachelor of Commerce degree at Deakin University (CRICOS Provider No. 00113B (Vic)). In the Associate Degree students undertake eight core units in the first year.
Subject Details
Stage 1
BAC101 – Accounting for decision making - (39 hours)
This subject will examine how information produced by the traditional book-keeping process is used by various decision makers in allocating scarce resources. The emphasis in this subject is on the 'users' of accounting information not the processes for the preparation of the accounting information. The tools used for decision making by external users and management are explored in detail along with accounting information systems and the internal controls necessary to produce useful information. The accounting for short-term management will also be examined.
BEC101 – Economics1 - (39 hours)
This subject will develop an understanding of how the Australian economy operates. It will enable students to analyse economic events and understand their effect on the economy and society as a whole. It looks at how the larger sectors of our economy operate, in particular the household, business, government and international sectors. The study of microeconomics theory (or the theory of price) covers issues such as supply and demand, foreign trade, economic growth, government regulation, socialism, inflation and economic recession.
BLC101 – Business law 1 - (39 hours)
This subject is intended to serve as an introduction to the law’s operation in Australian industry and commerce. The unit covers the Australian legal system, sources of law, as well as the law of contract and the law relating to professional negligence.
BMK101 – Marketing concepts - (39 hours)
This is an introductory subject for marketing and marketing management with a focus on the marketing of consumer goods and services. Students will be introduced to the concepts of marketing strategies, and given the opportunity to apply the theoretical aspects of the course to problems similar to those encountered in the business environment.
Stage 2
BAC201 – Finance 1 - (39 hours)
This subject is intended to serve as an introduction to personal and corporate money management. Some major areas of finance and risk and return concepts will be discussed. Further, the various techniques involved in finance and the application of these techniques to make investment decisions in the share, property and debt markets, both locally and internationally, will be investigated.
BMM201 – Management - (39 hours)
This subject provides fundamental competencies, knowledge and skills for students planning a career within organisations. Knowledge of organisational structure and the operations of organisations, the processes of management and the behaviour of people at work are essential to all business graduates.
BMM202 – Workplace communication - (39 hours)
This subject will develop understanding and skills necessary to communicate effectively in the modern business environment. The student will develop their understanding and ability of formal oral and written communication, negotiation, meetings, conflict resolution, problem solving and interpersonal skills within this environment.
BEC201 – Economics 2 - (39 hours)
This subject will develop a practical understanding of economic concepts including opportunity costs, why countries trade, scarcity and demand and supply. It will equip students with the ability to understand why organizations and households behave a certain way, why governments sometimes intervene in the economy, considering the effects of this intervention.
Stage 3
BIT301 – Business information systems - (39 hours)
This subject will develop within the student an understanding of Information Technology within the modern business environment. Students will develop competency in the use of computers and the design and implementation of information systems within the organisation, including electronic business concepts.
BMM301 – Business decision making - (39 hours)
This unit will provide the necessary techniques for the collection, analysis and presentation of business data. The student will focus on the application of concepts and use of the computer as a tool.
BAC301 – Management accounting - (39 hours)
This subject is intended to enable the provision of information to management, thus allowing them to make decisions about the allocation of resources in line with the strategic plan of the enterprise. This information will assist management to plan and control current operations, review and evaluate the performance of people and various segments of a business and to make improved strategic long-term and tactical short-term decisions.
BAC302 – Accounting concepts and systems - (39 hours)
This subject will examine the conceptual framework for financial accounting together with developing a sound practical knowledge of thecrecording and reporting process.
Stage 4
BMM402 – Business ethics - (39 hours)
This subject strives to develop within the student a concept of ethics within today's business environment. The subject helps to foster an environment where business situations with potentially unethical dimensions can be openly discussed and resolved to the best interests of stakeholders. After studying the subject, students should be able to competently and responsibly arrive at well-informed and ethically conscious decisions.
MLC402 – Marketing law - (39 hours)
This subject is intended to provide an understanding of the basic consumer law principles. In particular, to gain sufficient understanding of the legal environment in which the marketing process operates to enable students to be aware of legal implications, identify legal risks and take full advantage of legal rights.
BAC401 – Financial accounting theory - (39 hours)
This subject examines the nature of financial accounting theory and various approaches to accounting theory. Also examined is the framework for setting Australian accounting standards and various accounting issues, including issues related to assets, liabilities, owners’ equity, revenues, expenses, leases and foreign currency. The study of these areas should consolidate a further understanding of accounting techniques previously studied in other accounting units and promote the examination of various contemporary accounting issues.
BAC402 – Business finance 2 - (39 hours)
This subject is intended to introduce students to theoretical concepts and practical application in business finance. It is concerned with making investment decisions, the financial implications of those investments and the distribution of business income.
