Business & Commerce

Stage 2 Units (Core) – 25 Credit Points Each

Analytics for Decision Making 

This unit will develop analytical capabilities, equipping students with knowledge about basic data analysis to derive essential information from numerical, textual and visual datasets. As consumers and producers of data, students will learn about data management and security practices, as well as developing an understanding of legal and ethical issues relating to the collection and use of data. Students will develop their analytic capabilities by understanding and interpreting a range of data types including macroeconomic data, which will be used as a base case study where students will examine how macroeconomic conditions affect business decisions across a variety of disciplines including marketing, management, and finance. Students will have the opportunity to personalise their learning experience as they examine case study data sets relating to a range of business disciplines including economics, marketing, human resources and finance. Students will also develop skills to effectively communicate the results of their analysis to an audience and recommend business actions from a considered range of alternatives. 

Communication in Business

In this unit you will learn to communicate effectively with diverse audiences, understand the requirements for academic integrity, and integrate theory into real life business scenarios as you examine organisational performance through the lens of the social contract, corporate citizenship, stakeholder management, and other business orientations.

Financial Decision Making 

This unit develops skills and knowledge that enable students across all disciplines to make informed and responsible decisions using accounting and financial information. The unit explores different forms of business and financing options and how these affect business decisions through the understanding of financial statements. Students will learn about basic accounting and financial terminologies, cash and accrual accounting, capital investment decisions, business financing, time value of money, triple bottom line reporting and business budgeting. Students will also learn how to interpret financial statements and how global events impact on business decisions. 

Market and Legal Framework 

This unit explores how key business disciplines are connected. Students will develop an understanding of market types, and how business and marketing strategies can create value and impact upon society and the environment. Students will also develop an understanding of the relationship between a business enterprise and various stakeholders, including government, customers and the broader community. The unit also explains basic concepts of law and regulation and identifies the legal structures of business. 

Strategic Career Design 

This unit develops students’ awareness of the impact of global labour markets, changing social trends, and technological innovation on career opportunities and the future of work. Through the application of career theory and design thinking frameworks, students will examine and develop the critical employability skills required to create and sustain meaningful work across a broad range of industry sectors and cultural contexts. The unit demonstrates strategies for effective individual and organisational career management, incorporating theory and concepts on career choice, career change, organisational and entrepreneurial careers, and careers in the ‘gig’ economy. Global and industry trends will be explored with a specific focus on the implications for individual and organisational career management strategies and personal and professional branding in a digitised global economy. 

Stage 2 Units (Specific) – 25 Credit Points Each

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. 

Marketing Across Borders 

The aim of this unit is to provide an introduction to international marketing that extends learning acquired from basic marketing principles. Specifically, the unit examines key issues involved in entering overseas markets and offers practical marketing perspectives of international, multinational, and global operations.

Applied Contract Law 

This unit covers the formation negotiation and operation of contracts, the role and structure of the contents of a business contract including boilerplate and common clauses, risk management and termination clauses, the type and scope of contract remedies and dispute resolution. 

Human Resource Management Introduction 

This unit provides an introduction to theoretical, applied and professional issues associated with the management of human resources (HR) within organisations. The unit introduces students to major functions of human resources management (HRM) in the contemporary workplace and explores how HRM has an impact on effectiveness at the organisational and individual levels. The integration of these functions with each other and with organisational strategy is emphasised throughout. 

Introduction to Finance Principles 

This unit will: 

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