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Bachelor of Applied Finance with the degree of Bachelor of Laws

APLA19V1

Faculty:
Faculty of Business and Economics
Award:
Bachelor of Applied Finance with the degree of Bachelor of Laws (BAppFinLLB)
English Language Proficiency:
Academic IELTS of 7.0 overall with minimum 6.5 in each band, or equivalent
Study Mode:
Full-time, Part-time
Attendance Mode:
Internal
Candidature Length:
Full-time: 5.5 years
Commencement:
North Ryde — Session 1 (25 February 2019)
North Ryde — Session 2 (29 July 2019)
Volume of Learning:
Equivalent to 5.25 years
General requirements:
Minimum number of credit points for the degree 126
Of your 126 credit points, complete a maximum of 42 credit points at 100 level
Minimum number of credit points at 200 level or above 84
Minimum number of credit points at 300 level or above 48
Minimum number of credit points designated as Commerce 42
Minimum number of credit points from units with a LAW or LAWS or EXLW prefix 72
Completion of a designated PACE unit with a LAWS prefix
Completion of other specific minimum requirements as set out below

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
Finance 1A (3)
 
Required
3
Finance 1B (3)
 
Required
3
Macroeconomic Principles (3)
 
Required
3
Microeconomic Principles (3)
 
Required
3
Criminal Justice (3)
 
Required
3
Foundations of Law (3)
 
Required
3
Contracts (3)
 
Required
3
Law, Lawyers and Society (3)
 
Required
3
Business Statistics (3)
 

200 level

Required
3
Investments (3)
 
Required
3
Stochastic Methods in Applied Finance (3)
 
Required
3
Macroeconomic Analysis (3)
 
Required
3
Torts (3)
 
Required
3
Jurisprudence (3)
 
Required
3
Property Law (3)
 
Required
3
Equity and Trusts (3)
 
Required
3
Business Organisations (3)
 
Required
3
International Law (3)
 
Required
either
or
 
Financial Modelling (3)
 
3
Mathematics of Finance (3)
 
Required
either
or
 
Introductory Econometrics (3)
 
3
Probability (3)
 

300 level

Required
3
Issues in Applied Finance (3)
C/P
Required
3
Financial Risk Management (3)
 
Required
3
Applied Portfolio Management (3)
 
Required
3
Financial Econometrics (3)
 
Required
3
Constitutional Law (3)
 
Required
3
Administrative Law (3)
 
Required
3
Civil and Criminal Procedure (3)
 
Required
3
Evidence (3)
 
Required
either
or
 
Quantitative Asset and Liability Modelling 1 (3)
 
3
Derivative Instruments (3)
 

Additional

Required
either
or
 
Remedies (3)
 
3
Remedies, Reparations and Resolution in Law (3)
 
Required
9cp from
 
LAW units at 200 level
 
LAWS units at 200 level
 
LAW units at 300 level
 
LAWS units at 300 level
 
LAW units at 400 level
 
LAWS units at 400 level
 
LAW units at 500 level
9
LAWS units at 500 level
Required
3cp from
 
LAWS units at 300 level
 
LAWS units at 400 level
 
LAWS units at 500 level
3
PACE units
Required
15cp from
 
LAW units at 300 level
 
LAWS units at 300 level
 
LAW units at 400 level
 
LAWS units at 400 level
 
LAW units at 500 level
15
LAWS units at 500 level

Balance of credit points required:

 
 
6
Electives

TOTAL CREDIT POINTS REQUIRED FOR THIS PROGRAM

126
Note:

This program of study can be completed in 5 years by completing two session 3 units or taking an additional unit in two standard sessions.
Completing students may be eligible for the award of Bachelor of Laws (Honours). For further details refer to law.mq.edu.au/current_students/llb_students.

The Bachelor of Laws is a professional program listed on Schedule 2 of the Academic Progression Policy. Students enrolled in this program are governed by both Academic Progression requirements and the General Coursework Rules. The General Coursework Rules may supersede the Academic Progression Policy.
General Coursework Rule 10(7) stipulates that if a student fails a required unit twice in an undergraduate professional program listed in Schedule 2, they may be permanently excluded from further enrolment in that program.
Students completing a double degree will be able to continue with their other degree program provided they meet the academic progression requirements of the Academic Progression Policy.
Students completing the single Law degree are advised to seek academic advice.

 
Units marked with a C are Capstone units.
 
Units marked with a P are PACE units.

AQF Level Level 7 Bachelor Degree
CRICOS Code 094093A
Overview and Aims of the Program This combined degree with a Bachelor of Laws will give you greater insight into the role of law in finance.

Macquarie Law will give you knowledge of legal principles and the critical and analytic skills to really understand them. You'll study established areas such as constitutional law, international law, contract law and family law. You'll also look at areas of contemporary concern such as consumer law, environmental law, health law and information technology law.

Gain practical and job-ready financial skills with the Bachelor of Applied Finance component of the degree. You will be given specialist training to manage funds and investments in the complex world of markets, banks, laws, financial instruments and businesses.

Throughout the degree you will study units in economics, accounting, current financial theory, mathematical techniques such as probability or statistics, and analysis.

This applied finance degree has a focus on applying these skills to real financial organisations, markets and instruments.

Key features:
• relaunched and renewed in 2014 with industry input
• apply current theory and analytical techniques to real finance industry situations
• learn from highly qualified lecturers who have a practical understanding of finance
• take your first step to a career in the finance industry
• meets ASIC training requirements for RG146 (Regulatory Guide 146 Licensing: Training of financial product advisers qualification) compliance for general knowledge skills, securities, derivatives, managed investments, deposit products and non-cash payment facilities and foreign exchange (subject to the completion of certain units).
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 the Applied Finance component of this program it is anticipated you should be able to:
1. demonstrate integrative knowledge of key concepts and principles in applied finance (K);
2. develop technical skills required to evaluate key theories, concepts and models in contemporary applied finance (K);
3. critically analyse financial data and modelling (T, I);
4. apply appropriate analytical techniques to decisions, issues and problems in finance (P, J);
5. demonstrate communication skills relevant to an appropriate professional environment (C);
6. demonstrate an awareness of the effects of global regulatory frameworks on market efficiencies and other innovations in finance (E, A);
7. demonstrate an awareness of ethical issues in a global financial context (E, A).
By the end of the Law component of this program it is anticipated students should be able to:
8. explain fundamental areas of legal knowledge prescribed for accreditation as a legal practitioner in Australia (K);
9. apply and integrate fundamental areas of legal knowledge and skills to analyse and evaluate socio-legal problems and policy challenges in diverse contexts, including from broader international, comparative and interdisciplinary contexts within which socio-legal issues arise (T);
10. identify, research, evaluate and synthesise relevant factual, legal and policy issues to solve legal problems, and apply reasoning and research skills to generate appropriate responses (P);
11. advocate alternative strategies and approaches to solving problems, resolving disputes and pursuing remedies that are responsive to the interdisciplinary and global realities of professional life (I);
12. communicate in oral and written form in ways that are professional, effective, appropriate and persuasive for legal and non-legal audiences (C);
13. recognise, reflect upon and apply approaches to ethical decision-making to addressing issues of disadvantage and social justice, and the impact of globalisation on legal and professional practice in Australia (E);
14. collaborate and reflect upon their professional responsibilities in service to the community and in promoting a just and a sustainable global society through participation in advocacy, social innovation and socio-legal reform (A);
14. exercise sound judgement and to respond proactively to challenges they will face in professional and personal life (J);
15. reflect on and assess their capabilities and performance and work independently to support ongoing personal and professional development (L);
16. 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 Laws.
Assessment Refer to separate statements for Bachelor of Applied Finance and Bachelor of Laws.
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.


Information can be found at: https://mq.edu.au/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/wellbeing

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.

Graduate Destinations and Employability Career Opportunities:
• employment within a Legal practice (barrister or solicitor)
• employment in academic institutions, central or local government, community legal centres, in commerce or labour and industry, legal advising in law reform, legal publishing, research or administration in government, industry or trade unions, the police, prison service or military.

Employers:
• banks and other financial institutions
• boutique law firms
• community legal centres
• environmental organisations
• health services, including hospitals
• large national and international legal firms
• media organisations
• trade unions
• the judiciary
• universities.
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.

The Bachelor of Applied Finance has been approved by ASIC (Australian Securities and Investments Commission) as meeting ASIC training standards in relation to RG 146 compliance for generic knowledge and specialist knowledge areas including securities, derivatives, managed investments, foreign exchange, deposit products and non-cash payment products, subject to the completion of certain core and elective units in the degree.

The Law component of this award is accredited by the LPAB (Legal Practice Admission Board) of NSW.

The Macquarie Bachelor of Laws is accredited with professional bodies regulating the admission of law graduates to legal practice and provides appropriate qualification for admission to practice as a lawyer throughout Australia. In addition to completing a law program at an accredited institution, the profession requires all law graduates to complete a period of practical legal training including further study,continuing professional development units and supervised experience in a legal practice, before being admitted to practice as a barrister or solicitor.

To be qualified as an Australian Legal Practitioner in New South Wales, a solicitor or barrister also requires a Practising Certificate issued by the Councils of the Law Society of New South Wales or the New South Wales Bar Association respectively.

Inherent requirements are the essential components of a course or program necessary for a student to successfully achieve the core learning outcomes of a course or program. Students must meet the inherent requirements to complete their Macquarie University course or program.

Inherent requirements for Macquarie University programs fall under the following categories:

Physical: The physical inherent requirement is to have the physical capabilities to safely and effectively perform the activities necessary to undertake the learning activities and achieve the learning outcomes of an award.

Cognition: The inherent requirement for cognition is possessing the intellectual, conceptual, integrative and quantitative capabilities to undertake the learning activities and achieve the learning outcomes of an award.

Communication: The inherent requirement for communication is the capacity to communicate information, thoughts and ideas through a variety of mediums and with a range of audiences.

Behavioural: The behavioural inherent requirement is the capacity to sustain appropriate behaviour over the duration of units of study to engage in activities necessary to undertake the learning activities and achieve the learning outcomes of an award.

For more information see https://students.mq.edu.au/study/my-study-program/inherent-requirements



2019 Unit Information

When offered:
S1 Day
Prerequisites:
Permission of Executive Dean of Faculty
Corequisites:
None
NCCWs:
HSC Chinese, CHN113, CHN148