Business & Commerce

Stage 2 Units (Core) – 25 Credit Points Each

Communication in Business

The unit covers key aspects of research, written and oral communication in academic and professional business contexts, as well as working to develop students’ teamwork skills including roles of team members. Emphasis will be placed on students’ ability to locate, understand, and critically evaluate business information. Students will learn about business meeting procedures and practices, how to identify and examine the importance of different business stakeholder relationships and the variety of tools used by business to communicate information in a culturally diverse and global setting. Skills in accessing information, synthesising information, argument development, the Chicago author-date referencing system, principles of effective communication with a focus on verbal and non-verbal forms and the professional presentation of documents are all covered during the development of the key assignments.

Introduction to Accounting

This unit delivers the following topics:

• Introduction to business structures and start-up options.
• Development of a strategic plan.
• Cost volume profit analysis and assessment of special orders.
• Appraisal of capital investments using capital budgeting.
• Preparation of cash budgets and loan schedules.
• Preparation and interpretation of financial statements.
• Accounting for basic transactions, (GST) and end-of-period adjustments.
• Investigating the methods and motivations for earnings management.

Introduction to Business Information Systems

This unit provides an overview of Business Information Systems (BIS) and Business Information Technology (BIT), different types of BIS and BIT and their role in organisations and contribution to organisational success. Students will learn how use technology appropriately to develop BIS that effectively support, enable and enhance business and organisational processes. Proves an introduction to the different activities and tools used to develop, maintain and operate effective BIS.

Introductory Economics

An introduction to economic concepts and principles, supply and demand analysis, elasticity, economic efficiency, market failure and macroeconomics. This unit also covers the areas of unemployment and inflation, model of aggregate supply and demand and global markets.

Discovering Marketing

Introducing the topic of marketing, it’s role and importance in any type of organisation. Topics include the marketing concept, marketing environment, marketing information systems, market segmentation, identification of target markets, buyer behaviour, product, place, price and promotion decisions, and the special aspects of marketing. 

Business Law

An introduction to law with a business focus. Students examine the nature and sources of law in Australia. The key aspects of civil law are explored in relation to business, with particular emphasis on contract law.

Fundamentals of Management

This unit outlines management theory and practice. After examining the current landscape of management practice, students analyse the major functions of management and some of the key areas of management practice. This unit also introduces the key skills required of contemporary managers. Specifically, students are required to prepare solutions to management problems and develop team-working skills.

Stage 2 Units (Specific) – 25 Credit Points Each

Consumer Behaviour

Introducing the role of consumer behaviour and how it is shaped by the social and cultural environment and the psychological foundations. This unit focusses on the decision processes in consumption behaviour in different buying situations.

Introduction to Finance Principles

This unit will:

1. Introduce basic concepts and principles to financial processes, products and institutions
2. Introduce finance theory as it applies to financial processes, products and institutions
3. Develop a foundation in finance for students specialising in related fields
4. Present a set of financial tools that facilitate financial analysis and decision-making