Bachelor of Commerce

Course summary for current students

Year

2017 course information

Award granted

Bachelor of Commerce

Campus
Cloud CampusYes
Duration3 years full-time or part-time equivalent
CRICOS course code001838A
Deakin course codeM300
Approval statusThis course is approved by the University under the Higher Education Standards Framework.
Australian Quality Framework (AQF) recognitionThe award conferred upon completion is recognised in the Australian Qualifications Framework at Level 7.
Deakin Learning Centre course codes

Students who wish to study this course at the Deakin Learning Centres, must enrol into the following course codes:

Hume Global Learning Centre-Craigieburn - course code M300CR

Deakin Learning Centre Dandenong - course code M300DA

Werribee Learning Centre - course code M300WE

Students who commenced this course prior to Trimester 1 2016, please refer to the below link:

M300 Bachelor of Commerce (Links to 2015 Handbook. See 2015 Course Listing PDF for structure )

* Not all major sequences are available via Campus study at Warrnambool. Students undertaking units in major sequences that are not available in Campus mode may enrol in units offered in Cloud (online) mode.

Course sub-headings

Course overview

A Bachelor of Commerce graduate can be confident that they have a philosophy for decision-making that prepares them for the careers of the future.  Studying Commerce at Deakin gives you a world-class degree accredited by AACSB and EPAS.

From accounting, to economics, to marketing, tailor your degree and open up opportunities in every area of business, not for profit organisations and government.

The core of the Bachelor of Commerce is built around three pillars (technical, market and personal acumens) designed to provide a common and comprehensive foundation for students in their first year.  From second year students can extend their knowledge within career focussed, discipline areas (majors).  A range of experiential opportunities including internships and international experiences are offered to ensure graduates are professionally ready.  You can also choose from specialised areas offered by other faculties such as public relations, politics and policy studies, languages, and psychology. 

Indicative student workload

As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

Professional recognition

Graduates who complete the accounting major sequence plus specified finance and commercial law units, provides an opportunity for students  to be eligible to apply for admission to the:

CA Program of the Chartered Accountants Australia and New Zealand (CAANZ)
Associate membership for the CPA Program, CPA Australia
IPA Program of the Institute of Public Accountants (IPA) and
Exemptions may apply for the Association of Chartered Certified Accountants (ACCA).

Graduates who complete the Financial Planning major sequence in the Bachelor of Commerce are eligible to join the Financial Planning Association (FPA) and eligible for entry into the CERTIFIED FINANCIAL PLANNER® Certification Program which is offered by the Financial Planning Association of Australia and is recognised by the Association of Financial Advisers (AFA) as a pathway into the Fellow Chartered Financial Practitioner (FChFP) designation.

Students should consult with a Faculty course adviser to identify the units required by each professional body, and also consult with the professional body. Eligibility may depend on work place experience.

Pathways

Expand your career options and create pathways into further study. Visit our Honours in Business page for further information.


Unit selection

Students admitted to the Bachelor of Commerce (BCom) will be given advice on unit selection, however students must take responsibility for planning their own studies within the course structure and course rules.

Part-time studies

Part-time study is available via Campus and Cloud (online) mode.  Part-time study refers to academic workload, not mode of study.

Fees and charges

Fees and charges vary depending on your course, your fee category and the year you started. To find out about the fees and charges that apply to you, visit the Current students fees website.

Course Learning Outcomes

Deakin Graduate Learning Outcomes

Course Learning Outcomes

Discipline Specific knowledge and capabilities

Apply a broad and coherent theoretical and technical knowledge of commerce and its applications

Communication

Communicate commerce concepts and information effectively including in oral, written and visual forms in a cohesive and understandable manner to academic audiences, business professionals and laypersons.

Digital Literacy

Use technologies to Identify, locate, evaluate, synthesise and disseminate and communicate information in the field of commerce.

Critical thinking

Evaluate and critically analyse academic, professional and business information and values.

Problem Solving

Identify solutions to a diverse range of authentic problems in commerce.

Self-management

Take personal responsibility for actions, self- reflect and critique own performance and identify and plan future professional development.

Teamwork

Interact and collaborate with others from a range of disciplines and backgrounds.

Global Citizenship

Engage effectively in different environments and contexts reflecting social, sustainable, ethical, economic, and global perspectives in the field of commerce.

Approved by Faculty Board October 2014

 

Course rules

To complete the Bachelor of Commerce students must attain 24 credit points. The 24 credit points include 8 credit points of core units, 8 credit points of units from a major (you will be required to complete at least one major) and 8 credit points of elective units (you may choose to undertake another 8 unit major). Most units (think of units as 'subjects') are equal to 1 credit point. Most students choose to study 4 units per trimester, and usually undertake 2 trimesters each year.

To complete the course you must include the following:

  • at least 16 credit points from Business and Law undergraduate units
  • 8 credit points of core Bachelor of Commerce units
  • at least one 8 credit point Bachelor of Commerce major
  • Level 1 - no more than 10 credit points
  • Level 3 - at least 6 credit points (at least 4 must be Business and Law undergraduate units)

 

Major sequences

Refer to the details of each major sequence for availability.
All students in the Bachelor of Commerce are required to complete at least one major sequence chosen from the following:

^ M300 Bachelor of Commerce is the recommended pathway to qualify for membership of professional organisations. 

Course structure

Core units

MAA103Accounting for Decision Making

MAE101Economic Principles

MAF101Fundamentals of Finance

MIS171Business Analytics

MLC101Law for Commerce

MMK101Marketing Fundamentals

MMM132Management

MWL101Personal Insight

Elective units

Students may choose up to eight credit points of electives. These may constitute a second commerce major, or a major available in another Faculty (provided any prerequisites can be met), or a combination of units (again pre-requisites allowing) chosen by the student.

These may include the following Work Integrated Learning (WIL) units and general elective units offered by the Faculty which are specifically designed to enhance a student’s experience of the workplace:

MWL201Community Based Volunteering

MWL202Team Projects

MWL203Work Based Learning

MWL204Global Business Experience

MWL301Team Internship

MWL302Advanced Team Internship

MWL303Business Internship

MWL304Advanced Business Internship

MWL311Industry Based Learning (3mth)

MWL312Industry Based Learning (6mth)

Other elective unit:

MAF367Treasury Operations

MMM279Creating and Managing Social Enterprises

Details of major sequences

Accounting^

Campuses

Burwood (Melbourne), Waterfront (Geelong), Warrnambool, Cloud (online)


Unit set code

MJ-M30041


Overview

Accountants are information specialists. They provide information, which is the only means of summarising the activities and worth of an organisation in a manageable form, as the basis for all review, decision and action throughout virtually every layer of business and government.  An honours year is available upon completion of this major sequence.


Professional recognition

Graduates who complete the accounting major sequence plus specified finance and commercial law units will be eligible to apply for admission to the CA Program of the Chartered Accountants Australia and New Zealand (CAANZ), the CPA Program of CPA Australia, the Institute of Public Accountants (IPA) and the Association of Chartered Certified Accountants (ACCA).

To check your eligibility for entry to the CA Program of the CAANZ click here.

To check your eligibility for entry to the CPA Program of CPA Australia click here.

To check your eligibility for entry to the IPA Program of the Institute of Public Accountants click here.


Career outcomes

You may find employment in accounting positions in the business community, industry, commerce, the service sector or private practice, or work in management consulting, the financial services sector or with government bodies.


Units

MAA250Ethics and Financial Services #

MAA261Financial Accounting

MAA262Management Accounting

MAA303Auditing

MAA363Corporate Accounting

MAF203Business Finance

MLC301Principles of Income Tax Law

MAA310Accounting and Society

Note:

# This unit was previously coded MAA350

Students should consult with their course adviser regarding the units required for professional recognition.

The eligibility of students for membership of any of the accounting accrediting bodies is subject to meeting the requirements of that body and that Deakin makes no representations that individuals will meet those requirements.

^ M300 Bachelor of Commerce is the recommended pathway to qualify for membership of professional organisations.


 

Business Analytics

Campuses

Burwood (Melbourne), Waterfront (Geelong)*, Cloud (Online)


Unit set code

MJ-M30036


Overview

The demand for business decision makers who are able to use analytics tools to shape their decisions continues to grow across the globe. Business analytics focuses on unlocking insights contained in information to improve operational efficiency, financial performance and strategic management. 


Units

MIS203Making Sense of Information #

MIS201Business Requirements Analysis

MIS202Managing Data and Information

MIS271Business Intelligence and Data Warehousing

MAE256Analytical Methods in Economics and Finance >

MIS372Predictive Analytics

MIS384Marketing Analytics

MIS399Applied Business Project

# This unit was previously coded MIS102

> This unit was previously coded MAE356

* Waterfront (Geelong) students will be required to undertake units in Cloud (online) mode.


 

Commercial Law

Campuses

Burwood (Melbourne), Warrnambool*, Cloud (online)


Unit set code

MJ-M30042


Overview

This major sequence is designed to provide business professionals with a foundation in commercial law. Specialised units such as Sport and the Law, Employment Law and International Commercial Law enable you to work in areas such as sport management, HR management or in an international environment.


Career outcomes

Career opportunities exist as commercial law experts in private and public companies, government bodies, public service and real estate.


Units

MLC203Corporations Law

MLC206Marketing Law

MLC301Principles of Income Tax Law

MLC305Business Tax Law

MLC309Employment Law

MAA255Financial Planning

MLL329Financial Services Regulation

MLC302Applied Commercial Law Project

* Warrnambool students will be required to undertake units in Cloud (online) mode.


 

Economics

Campuses

Burwood (Melbourne), Waterfront (Geelong)*, Cloud (online)


Unit set code

MJ-M30043


Overview

Economics is an important element of any business career or the basis of a specialist career in economic research and policy. Economics is relevant to the study of a whole range of other disciplines: business; finance; international markets and trade; health; transport; democracy and voting patterns; the environment – including policies on global warming; as well as social equity and wellbeing.  An honours year is available upon completion of this major sequence.


Professional recognition

Graduates are eligible for membership of the Economics Society of Australia.  Professional recognition by the Australasian Institute of Banking and Finance is also available.


Career outcomes

An economics major sequence can provide the background for many versatile careers in industry and finance in roles such as an analyst, forecaster, researcher and manager. In government, you may work as a policy researcher and administrator, and in education.


Units

MAE201Competition and Industry

MAE203The Global Economy #

MAE214Economic Strategy for Business **

MAE256Analytical Methods in Economics and Finance >

MAE312National Economic Policy ^

MAE307Techniques for Business and Economic Analysis

plus one unit from:

MAE301Choice, Strategies and Dilemmas +

MAE304Labour and Health Economics X

plus one unit from:

MAE305Energy, Environment and Development /

MAE306Applied Econometrics for Economics and Finance

#This unit was previously coded MAE102

~ This unit was previously coded MAE303

> This unit was previously coded MAE356

^ This unit was previously coded MAE202

** This unit was previously coded MAE314

+ This unit was previously titled Microeconomic Theory and Policy

X This unit was previously titled Labour Economics

/ This unit was previously titled Business and Financial Forecasting

* Waterfront (Geelong) students will be required to undertake units in Cloud (online) mode.


 

Finance

Campuses

Burwood (Melbourne), Waterfront (Geelong)*, Warrnambool*, Cloud (online)


Unit set code

MJ-M30045


Overview

Finance is all about decision making. Do I buy or sell, invest or borrow? Finance specialists research and analyse the financial aspects of organisations and markets. They provide advice on investments and other areas of financial management. Studying finance will give you a broad understanding of the structure and operations of financial markets in Australia, plus the theory and techniques underlying financial decision-making.  An honours year is available upon completion of this major sequence.


Career outcomes

You may find employment opportunities in banking, brokering, credit analysis, funds management, insurance, international finance, risk management and securities analysis.


Units

MAA250Ethics and Financial Services ^

MAF202Money and Capital Markets

MAF203Business Finance

MAE256Analytical Methods in Economics and Finance >

MAF307Equities and Investment Analysis

MAF306International Finance and Investment

MAF308Derivative and Fixed Income Securities

MAF302Corporate Finance

^ This unit was previously coded MAA350

> This unit was previously coded MAE356

* Waterfront (Geelong) and Warrnambool students will be required to undertake units in Cloud (online) mode.


 

Financial Planning

Campuses

Burwood (Melbourne), Waterfront (Geelong)*, Warrnambool*, Cloud (online)


Unit set code

MJ-M30044


Overview

Choosing a major sequence in financial planning will provide you with the skills you need to attain your own personal financial goals and to develop the expertise to advise others in a professional capacity. Financial planners specialise in key financial areas, including retirement taxation, investment and estate planning. You will examine both the theoretical framework of financial planning, plus the practical application of the theories and strategies.


Professional recognition

Graduates who complete the Financial Planning major sequence in the Bachelor of Commerce are eligible to join the Financial Planning Association (FPA) and eligible for entry into the CERTIFIED FINANCIAL PLANNER® Certification Program which is offered by the Financial Planning Association of Australia and is recognised by the Association of Financial Advisers (AFA) as a pathway into the Fellow Chartered Financial Practitioner (FChFP) designation.


Career outcomes

Financial planners are innovative and lateral in their thinking, they are up to date with the latest changes and they are committed to providing sound, independent and ethical advice.


Units

MAA215Building Client Relationships <

MAA255Financial Planning ^

MAA317Superannuation Planning ~

MAA318Advanced Financial Planning >

MAA319Estate Planning #

MLC301Principles of Income Tax Law

MAF202Money and Capital Markets

MAF307Equities and Investment Analysis

Note:

< This unit was previously coded MAF315

^ This unit was previously coded MAF255

~ This unit was previously coded MAF311

> This unit was previously coded MAF312

# This unit was previously coded MAF316

(i) Financial planning students intending to undertake an Honours degree must complete the Finance major sequence.

* Waterfront (Geelong) and Warrnambool students will be required to undertake one unit in Cloud (online) mode.


 

Human Resource Management

Campuses

Burwood (Melbourne), Waterfront (Geelong), Cloud (online)


Unit set code

MJ-M30046


Overview

People management is one of the fastest growing fields of professional employment. HR management includes recruitment, selection, training and development, workplace diversity, employee relations, performance and change management, and remuneration. You will also gain invaluable counselling, mediation and negotiation skills that will stand you in good stead in any field you enter in the future.  An honours year is available upon completion of this major sequence.


Career opportunities

Career options include working in training and development in a variety of areas such as an equal employment opportunity officer, or a human resources practitioner or officer in business, industry and government.


Units

MMH230Fundamentals of Human Resource Management

MMH232Human Resource Development

MMH231Managing and Rewarding Performance

MMH250Workplace Counselling and Negotiation #

MMH356Change Management

MMH352International Human Resource Management

MMH349Employment Relations

MMH331Strategic Human Resource Management

# This unit was previously coded MMH350


 

International Trade

Campuses

Burwood (Melbourne), Cloud (Online)


Unit set code

MJ-M30037


Overview

Acquire a sound understanding of the economic basis to trade and the institutions and market structures underlying global commerce. Gain the essential background in economics and, in particular, international trade, which business operators need to be successful participants in the global economy.   You will study the economic, political and cultural characteristics of the major trading regions, including North America, Western and Eastern Europe and the Middle East, but with a strong emphasis on Asian trade.


Career outcomes

Graduates can be found working in all aspects of international business, both in Australia and overseas, undertaking roles in trade promotion, government departments, banking and general business management.


Units

MAE201Competition and Industry

MAE203The Global Economy #

MAE213International Trade ~

MAE308Contemporary Issues in Trade and Development +

MAE312National Economic Policy ^

MAE302Macroeconomics of Open Economies

MAE214Economic Strategy for Business *

MAE315International Banking and Finance

Note:

#This unit was previously coded MAE102

~ This unit was previously coded MAE303

^ This unit was previously coded MAE202

* This unit was previously coded MAE314

+ This unit was previously coded MAE207


 

Management

Campuses

Burwood (Melbourne), Waterfront (Geelong), Cloud (online)


Unit set code

MJ-M30038


Overview

Examine change, innovation and technology, globalisation, quality service cultures, participation and performance to develop the management skills of communication, problem solving, planning, organising, managing change and working cooperatively.

An honours year is available upon completion of this major sequence.


Professional recognition

Graduates may be eligible for affiliate status membership of the Australian Institute of Management (AIM).


Career outcomes

You may find employment in management positions in the private and public sectors, operations or strategic management.


Units

MMM240Organisational Behaviour

MMM241Entrepreneurship and Innovation

MMH230Fundamentals of Human Resource Management

MMM267Business Logistics #

MMM343Business Ethics

MMM306Global Strategy and International Management

MMH356Change Management

MMM308Applied Management Capabilities

# This unit was previously coded MMM367


 

Management Information Systems

Campuses

Burwood (Melbourne), Waterfront (Geelong)*, Cloud (online)


Unit set code

MJ-M30039


Overview

Supplement your business studies with knowledge of the underlying information systems that support modern business processes. Learn about the business applications of information systems and gain the skills and knowledge relevant to understand this dynamic area.


Career outcomes

You may find work as an IT professional, business systems programmer, member of implementation teams within corporations or within specialist systems development companies, business analyst or as an adviser to companies who have outsourced their IT function.


Units

MIS201Business Requirements Analysis

MIS202Managing Data and Information

MIS231Professional Ethics in the Digital Age

MIS352Business Process Management

MIS398Project Management

MIS313Strategic Supply Chain Management

MIS312Social Media and Mobile Strategies

MIS399Applied Business Project

 * Waterfront (Geelong) students will be required to undertake units in Cloud (online) mode.


 

Marketing

Campuses

Burwood (Melbourne), Waterfront (Geelong)*, Cloud (online)


Unit set code

MJ-M30040


Overview

Marketing is about relationships with customers and involves developing, maintaining and enhancing those relationships. Modern marketing is about adding value to the customer experience and building a relationship between buyers and sellers that benefits both.

You will gain knowledge of marketing in domestic and international markets.  An honours year is available upon completion of this major sequence.


Professional Recognition

The Marketing major sequence in the Bachelor of Commerce is accredited by the Australian Marketing Institute (AMI).


 

Career outcomes

Career options include working in advertising, brand/product management, customer relations management, event management, marketing research, public relations, retailing, web design, sales management, e-commerce marketing specialist, advertising director, art director, creative director, public relations director, media relations director, SEO manager, social media marketing manager, internet marketing coordinator, director of digital marketing, territory manager, marketing director, senior sales representative, promotions director, relationship manager, account executive, media director, product marketing manager, creative assistant, marketing data analyst marketing communications director, inside sales representative, marketing analyst, brand manager, online product manager, account coordinator, marketing specialist, market research analyst, digital brand manager, promotions coordinator, e-mail marketer, marketing consultant, project manager and media planner.


Units

MIS384Marketing Analytics

MMK265Marketing Research

MMK266Consumer Behaviour

MMK251Services Marketing ~

MMK280Brand Management #

MMK368Business Marketing

MMK393Integrated Marketing Communications in the Digital Age

MMK325Strategic Marketing

~ This unit was previously coded MMK351

# This unit was previously coded MMK380

*Waterfront (Geelong) students will be required to undertake one or more units in Cloud (online) mode.