Bachelor of Applied Finance with the degree of Bachelor of Commerce - Professional Accounting
ATAR/Course cut-off
View courses for International students.
Overview
Finance is the study of the management of money, banking, investment and credit. It involves financial organisations, markets and instruments, their effect on the flow of funds within the economy and the control of risk.
Accounting is the collection, measurement and communication of economic information which is used for planning, reporting and decision making.
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.
Minimum course duration
4 years full-time / equivalent part time
Location
North Ryde
UAC Code
300272
Suitable for
If you love business and numbers and are interested in a dynamic and practical financial sector or accounting career.
HECS Course fee
AUD $8,830.00 p.a.
Student amenities fee
Information on the Student services and amenities fee
Entry requirements
- HSC Mathematics (Assumed Knowledge)
- HSC Mathematics Extension 1 (Recommended)
- Introductory units and bridging courses are available for students without the assumed and/or recommended prior knowledge.
English language requirements
If you have completed the NSW HSC or equivalent you satisfy the English proficiency requirements.
For full information view the English proficiency requirements table (436 Kb).
Work experience requirements
What you will study
| General requirements | Credit Points |
|---|---|
| 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 from Commerce designated units | 42 |
| Completion of a designated People unit | |
| Completion of a designated Planet unit | |
| Completion of other specific minimum requirements as set out below |
Specific requirements
The following outlines the units (subjects) to be studied within this double degree
Notes
- Units marked with a C are Capstone units.
- The course information contained on this page is applicable for 2012 ONLY.
For more information please read the courses disclaimer.
Careers
Accreditation
The Bachelor of Applied Finance, and associated double degrees, have 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 (such as Macquarie)
- Auditors
- Business analyst firms
- Financial institutions
- Forensic accounting firms
Average starting salary
According to MyCareer.com Salary Centre, the average starting salary for a graduate analyst in the financial sector is $50,000. According to Graduate Career Australia, the median salary for accounting graduates is $47,500
Profiles
Our Students
Steffi Peter
I had an initial interest in commerce and wanted to pursue a career in one of the majors. I knew from my research that Macquarie has a strong reputation in this area and that the lecturers and teaching staff are well known for their teaching style in which they incorporate their industry experience. I also liked that many of my subjects had PAL classes which are run by previous student who excelled in the subject. This gave another layer of support for my studies.
I have thoroughly enjoyed my years at Macquarie, making lifelong friends along the way. I've enjoyed the extracurricular activities that Macquarie offers, in particular helping out as a Buddy for new international students and participating in the Global Leadership Program.
Our Graduates
Bhavik Dinesh Jeena
Macquarie's Applied Finance and Accounting degree appealed to me because of the diverse range of interesting and relevant units on offer and the high quality of its teaching staff. I was attracted to the plethore of opportunities offered, which allowed me to greatly broaden my international perspective and apply myself in a real-world context.
My time at Macquarie has been truly memorable and a highly rewarding experience as I quickly learnt from day one that learning means much more than just reading through a textbook. At the heart of the university's culture, it is about applying yourself, realising what you are good at, pursuing that dream, and aspiring to bring out your greatest potential.
Bhavik graduated in 2009 and is currently working at Macquarie Group as a Credit Analyst in the Financial Institutions Team.
Our Expertise
Dr Yvette Blount
Yvette received her PhD from Deakin University. She has worked in senior and consulting roles in the banking and IT industries. Her research focuses on the employee management implications of B2C electronic commerce in service industries. She is also a member of the Globalisation of Knowledge and Service Industries research group (Business and Economics Strategic Support for Strength 2008). This research is focused on obtaining detailed microdata at the firm and subsidiary level on export sales and performance measures of service firms and on the offshoring and insourcing of production in Australian organisations.
an education in the top two per cent of universities in the world, giving you an international recognised and respected degree
