Associate Degree in Commerce

 

Traineeship option available
Course Code
ADC01 
CRICOS Code: 054849D 
Centre:
Business Programs
Location:
Elgar Campus
Study Area: Business 
Study Area Sub Category: Accounting 
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What does this course involve?

This two-year program majoring in accounting will prepare you for a variety of business roles. You will develop skills in accounting, finance, management, marketing, business and marketing law, economics and communications.

This course is also available to international students.

What employment opportunities will I have?

This course will prepare you for a wide range of generalist graduate positions in business environments.


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).

Accreditation

This course is accredited by the Victorian Office of Higher Education.

What further study options will I have?

You may be able to articulate with up to two years credit in a three-year Bachelor Degree of Commerce at Deakin University. You may be eligible for advanced standing in any business or commerce degree at different universities.

Can I apply?

As a:

  • Year 12 student you must have successfully completed VCE with a study score of at least 20 in units 3 and 4 English (any). The following VCE subjects would benefit students undertaking the Associate Degree; accounting, economics, legal studies and mathematics.
  • Non-Year 12 applicant you should have completed a relevant tertiary program or have evidence of current employment or experience in industry and evidence of ability to meet the educational demands of the program.

How do I apply?

VTAC - to apply for a full time position in this course must use the Victorian Tertiary Admissions Centre (VTAC) process. Details of the VTAC application process are at www.vtac.edu.au and in the VTAC Guide, which is available from leading newsagents and libraries from August. If after the VTAC places have been offered, the Institute still has vacancies, you will be able to apply directly to the Institute.

If you have any queries, please contact the Institute on 1300 BOX HILL (1300 269 445).

How will I be selected for this course?

  • Assessment of application (VTAC)

Length of course

Full time 2 years

Where will I study?

Elgar Campus

What costs and other fees should I expect?

If you are an Australian citizen or permanent resident, the 2010 annual course fee for study on a full-time basis is $11,520. If you are an Australian citizen, you may be eligible for FEE-HELP, which is an Australian Government loan scheme set up to enable you to defer part or all of your tuition fees until you are working and can afford to pay them back. (Fees subject to change in 2011.)

How will I be assessed?

  • Written assessment
  • Project work
  • Examination or testing

Will my previous experience or study count?

Recognition of Prior Learning (RPL) or Recognition of Current Competencies (RCC) takes into account the knowledge and skills you’ve already gained through your previous education and work. This may be through formal or informal training, paid or unpaid work experience, and can earn you credit if relevant to your chosen course.

 
Subjects

Stage 1
BAC101
Accounting for decision making
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
Economics 1
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.