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Bachelor of Applied Finance with the degree of Bachelor of Commerce - Professional Accounting

APPA02V1

Faculty:
Faculty of Business and Economics
Award:
Bachelor of Applied Finance with the degree of Bachelor of Commerce - Professional Accounting (BAppFinBCom-ProfAccg)
English Language Proficiency:
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Study Mode:
Full-time, Part-time
Attendance Mode:
Internal
Candidature Length:
Full-time: 4 years
Commencement:
Session 1 at North Ryde (Domestic, International)
Session 2 at North Ryde (Domestic, International)
Volume of Learning:
Equivalent to 4 years
General requirements:
Minimum number of credit points for the degree 96
Minimum number of credit points at 200 level or above 60
Minimum number of credit points at 300 level or above 30
Minimum number of credit points designated as Commerce 42
Completion of a designated People unit
Completion of a designated Planet unit
Completion of a designated PACE unit
Completion of other specific minimum requirements as set out below
Note:
Students must complete one designated People unit and one designated Planet unit. Those units must be taken in two different Faculties. Any unit which is listed below will not satisfy the People unit requirement or Planet unit requirement.

In order to graduate students must ensure that they have satisfied all of the general requirements of the award.

Specific minimum requirements:

Credit points

100 level

Required
3
Accounting in Society (3)
 
Required
3
Accounting and Governance (3)
 
Required
3
Finance 1A (3)
 
Required
3
Finance 1B (3)
 
Required
3
Principles of Management (3)
 
Required
3
Macroeconomic Principles (3)
 
Required
3
Microeconomic Principles (3)
 
Required
3
Marketing Fundamentals (3)
 
Required
3
Quantitative Business Decisions (3)
 

200 level

Required
3
Fundamentals of Management Accounting (3)
 
Required
3
Intermediate Financial Accounting (3)
 
Required
3
Accounting Systems Design and Development (3)
 
Required
3
Investments (3)
 
Required
3
Stochastic Methods in Applied Finance (3)
 
Required
either
or
 
Business Law (3)
 
3
Business and Corporations Law (3)
 
Required
3
Macroeconomic Analysis (3)
 
Required
3
Introductory Econometrics (3)
 
Required
either
or
 
Financial Modelling (3)
 
3
Mathematics of Finance (3)
 

300 level

Required
3
Accounting in Context (3)
C
Required
3
Issues in Applied Finance (3)
C/P
Required
3
Organisational Planning and Control (3)
 
Required
3
Corporate Accounting and Reporting (3)
 
Required
3
Accountants in the Profession (3)
P
Required
3
Auditing and Assurance Services (3)
 
Required
3
Financial Risk Management (3)
 
Required
3
Applied Portfolio Management (3)
 
Required
3
Corporations Law (3)
 
Required
3
Revenue Law (3)
 
Required
3
Financial Econometrics (3)
 
Required
either
or
 
Quantitative Asset and Liability Modelling 1 (3)
 
3
Derivative Instruments (3)
 

Balance of credit points required:

 
 
6
Electives

TOTAL CREDIT POINTS REQUIRED FOR THIS PROGRAM

96
Note:
Units marked with a C are Capstone units.
 
Units marked with a P are PACE units.

Additional Information
AQF Level Level 7 Bachelor Degree
CRICOS Code 067845A
Overview and Aims of the Program This double degree is designed to give you practical financial skills and the ability to apply them in accounting focused careers. In this program you'll study economics and accounting principles, systems, management and reporting.

In your final years you will study corporate accounting and reporting, auditing and assurance, corporations and revenue law and further accounting electives.

Key features:
• complete two respected degrees with only one additional year of study.
• become a first class accountant with advanced skills in two complementary fields.
• accounting students are some of the highest paid graduates.
Graduate Capabilities

The Graduate Capabilities Framework articulates the fundamentals that underpin all of Macquarie’s academic programs. It expresses these as follows:

Cognitive capabilities
(K) discipline specific knowledge and skills
(T) critical, analytical and integrative thinking
(P) problem solving and research capability
(I) creative and innovative


Interpersonal or social capabilities
(C) effective communication
(E) engaged and ethical local and global citizens
(A) socially and environmentally active and responsible

Personal capabilities
(J) capable of professional and personal judgement and initiative
(L) commitment to continuous learning

Program Learning Outcomes By the end of this program it is anticipated you should be able to:

1. demonstrate knowledge of fundamental principles in contemporary applied finance (K)
2. develop technical skills required to evaluate key theories, concepts and models in contemporary applied finance (K)
3. demonstrate integrated theoretical and technical knowledge related to the core disciplines of professional accounting (K)
4. apply technical skills in the core disciplines of professional accounting (K)
5. critically analyse financial data and modelling (T, I)
6. critically analyse and evaluate professional accounting issues (T, I)
7. apply appropriate analytical techniques to decisions, issues and problems in finance (P, J)
8. apply knowledge, skills and professional judgement in solving routine accounting problems (P, J)
9. demonstrate an awareness of the effects of global regulatory frameworks on market efficiencies and other innovations in finance (E, A)
10. demonstrate an awareness of emerging social, ethical and regulatory issues relevant to an accounting practitioner (E, A)
11. demonstrate an awareness of ethical issues in a global financial context (E)
12. demonstrate communication skills relevant to an appropriate professional environment (C)
13. apply teamwork knowledge and skills for effective collaboration to achieve diverse purposes in a range of contexts (E).
Learning and Teaching Methods Refer to separate statements for Bachelor of Applied Finance and Bachelor of Commerce - Professional Accounting.
Assessment Refer to separate statements for Bachelor of Applied Finance and Bachelor of Commerce - Professional Accounting.
Recognition of Prior Learning

Macquarie University may recognise prior formal, informal and non-formal learning for the purpose of granting credit towards, or admission into, a program. The recognition of these forms of learning is enabled by the University’s Recognition of Prior Learning (RPL) Policy (see www.mq.edu.au/policy) and its associated Procedures and Guidelines. The RPL pages contain information on how to apply, links to registers, and the approval processes for recognising prior learning for entry or credit.

Domestic students
For undergraduate RPL information visit www.goto.mq.edu.au/nonschoolrpl
For domestic postgraduate RPL information visit www.goto.mq.edu.au/pgrpl

International students
For RPL information visit www.mq.edu.au/international/rpl

Support for Learning

Macquarie University aspires to be an inclusive and supportive community of learners where all students are given the opportunity to meet their academic and personal goals. The University offers a comprehensive range of free and accessible student support services which include academic advice, counselling and psychological services, advocacy services and welfare advice, careers and employment, disability services and academic skills workshops amongst others. There is also a bulk billing medical service located on campus.

Further information can be found at www.students.mq.edu.au/support/

Campus Wellbeing contact details:
Phone: +61 2 9850 7497
Email: campuswellbeing@mq.edu.au
www.students.mq.edu.au/support/health_and_wellbeing/contact_us

Program Standards and Quality

The program is subject to an ongoing comprehensive process of quality review in accordance with a pre-determined schedule that complies with the Higher Education Standards Framework. The review is overseen by Macquarie University's peak academic governance body, the Academic Senate and takes into account feedback received from students, staff and external stakeholders.

This program is also accredited with the Chartered Accountants Australia and New Zealand and CPA Australia following a review of the content of the program, the quality of the teaching staff and graduates, as well as teaching, learning and assessment methods. An annual report is submitted and a detailed review is conducted (every 5 years) by both of the above-stated professional accounting bodies.
Graduate Destinations and Employability ACCREDITATION
The Bachelor of Applied Finance, and associated double degrees, has been approved by ASIC (Australian Securities and Investments Commission - authorised assessors) as meeting ASIC training requirements in relation to RG 146 compliance for generic knowledge, skills, securities, derivatives, managed investments, deposit products and non cash payment facilities, and foreign exchange, subject to the completion of certain units.

The Bachelor of Commerce - Professional Accounting provides an excellent foundation for a range of accounting-based careers. The professional accounting program is accredited by CPA Australia, the Institute of Chartered Accountants in Australia (ICAA) and the Institute of Public Accountants (IPA).

Career Opportunities:
• business journalist
• financial analyst
• investment analyst
• management consultant
• market analyst
• planning/policy analyst
• public administration
• researcher
• statistician
• stockbroker
• teacher.

Employers:
• accounting and consultancy firms (such as Accenture, Price Waterhouse)
• commercial banks (such as Commonwealth Bank, AMP)
• government (such as Treasury, Reserve Bank, Productivity Commission)
• international organisations (such as IMF, World Bank, OECD)
• investment banks (such as Macquarie Bank, Goldman Sachs)
• NGOs (such as Greenpeace, World Health Organisation)
• research organisations (such as NERA, Access Economics)
• universities
• auditors
• business analyst firms
• financial institutions
• forensic accounting firms.
Assessment Regulations

This program is subject to Macquarie University regulations, including but not limited to those specified in the Assessment Policy, Academic Honesty Policy, the Final Examination Policy and relevant University Rules. For all approved University policies, procedures, guidelines and schedules visit www.mq.edu.au/policy.

Accreditation This is an Australian Qualifications Framework (AQF) accredited qualification.

Accredited with the Institute of Chartered Accountants in Australia (every 5 years), CPA Australia (every 5 years), Institute of Public Accountants (as required) and The Association of Chartered Certified Accountants (as required).