Why study in the QUT Business School?
The QUT Business School is in a group of less than 1% of business schools globally to be accredited by all three of the world's leading accreditation bodies (triple crown accreditation), which proves that we deliver the highest quality international standards of business education.
What can I study?
We offer undergraduate and postgraduate units across a range of disciplines. As long as you meet the course requirements (prerequisites), you can choose subjects from any of our discipline areas to suit your interests.
- If you are a postgraduate student, you are not able to enrol in:
- first year undergraduate core units (BSB-coded units, AYB114, AYB115, EFB106)
- postgraduate honours-level units, which change from year to year.
- Enrolment in capstone units is generally not allowed, as these units require extended knowledge gained throughout the course of a full degree.
- Master of Business (MBA) units have specific additional entry requirements, including a GMAT score and work experience.
Depending on availability, we may consider specific requests to complete a research project. Contact our QUT Business School Student Centre for more information.
How to apply
Once you've decided what units you want to study, follow our guide to applying for Study Abroad or exchange.
There are over 11 major business discipline areas to choose from, and you can design your studies to suit your interests.
Most units have a lecture and a tutorial each week. Lectures and tutorials for postgraduate units are usually held in the evenings.
All students can study these units, regardless of your academic background.
The rise of the Internet and the rapid development of technological applications is significantly changing the way in which business is being conducted, how fraud is occurring, and, consequently, how forensic accountants investigate and analyse digital data. The technologies that impact on business operations and fraud investigation include Office technologies, Social Media, Mobile applications, Virtual technologies and Cloud Computing. In addition, a significant increase in the use of mobile devices has implications for businesses and for the way forensic accountants investigate fraud related issues. Therefore, although these tools are enabling businesses to create new business process and product/service opportunities that transcend the barriers of distance and time, they have also enabled the ways in which fraud can be perpetrated. This unit introduces students to the ways in which a myriad of digital data can be investigated and analysed. In addition, students will be able to recognise the new data risks and governance issues facing organisations in the digital age. Studying a variety of these technological developments and software used to analyse data emanating from the various technologies will provide students with up-to-date tools and techniques used in forensic investigation.
Governance issues and fraud have an increasingly large impact on business. When implementing business strategies, professionals in all sectors of the economy are confronted by a wide range of governance issues because of the electronic and global nature of their business operations. Fraud is an ever present problem in a technology driven business environment and understanding how fraud occurs and can be prevented and detected is becoming a necessity for business operations. Business professionals need to have an understanding of the IT governance issues, be familiar with risk management, fraud detection and prevention, gathering evidence and have an understanding of legal issues that are associated with the forensic accounting role, including participation in a mock trial.
This unit provides an introduction to financial accounting within the context of the accounting profession's conceptual framework, relevant accounting standards and the requirements of the Corporations Law. Topics include: the accounting cycle for both service and merchandising entities, the preparation of general purpose financial reports, cash management and control, non-current assets and statement of cash flows.
This unit is designed to provide students with an insight into, and an appreciation of, many of the financial accounting, reporting, disclosure and enforcement issues faced by global corporations in an international business environment. Using current international business cases, articles and reports, this unit examines issues including: international, financial accounting systems in the global environment; international patterns of accounting diversity including cultural influences on external, financial accounting and reporting; comparative international accounting systems and practices across major cultural groupings; the pressures for international accounting convergence which is now taking place in more than 120 countries; international disclosure and enforcement trends; international corporate social responsibility reporting; international financial analysis of foreign financial statements; and business issues into the twenty-first century such as global corporate governance and international taxation.
This unit will introduce students to the Australian legal environment and develop students' knowledge and understanding of the basic principles of business law and the Australian corporations legislation. Students will be encouraged to develop their research and analytical skills relevant to contemporary business and corporate practice.
Ethics and Professional Relationships introduces students to the ethical issues associated with the roles of directors, executives and professionals, with a particular focus on the ethical competencies and obligations required of those providing financial advice and accounting services. The unit also specifically addresses the development of trust within professional relationships, as well as the role of both non-verbal and verbal communication skills in maintaining professional relationships.
This unit develops students' awareness, understanding, sensitivity and ability to deal with individuals and organisations from different cultural backgrounds. It takes a practical approach to the issues involved by providing not just a theoretical framework for interpreting differences in cultural behaviour, but also skills and strategies which can help in appropriately responding to culturally different situations. This unit will be of particular value to students about to embark on in-country study or exchanges, to incoming international students, or to anyone with a general interest in intercultural communication. It will be a useful complement to the study of a second language, but does not require or assume prior language study.
This unit provides students with the fundamental theories and models to develop a sound understanding of consumers, their needs, and behaviours. It provides a detailed examination of the consumer decision process and the internal and external influences on this core decision process. The unit also assists students in applying this knowledge to the development, implementation and evaluation of marketing activities within an organisation.
International trade has become fundamental to the survival and growth of many businesses in Australia as well as other economies. International business students need an understanding of the many challenges and opportunities entailed in the management of trade. International trade management is an applied, technical and evolving area of international business operations that reflects the dynamic nature of trans-national trade in the global economy. This unit examines the importance of international trade for Australia's economic development, provides key information related to trade in services, importing and exporting and countertrade via industry perspectives on issues of current importance in international trade and provides a structured lecture and tutorial programme to achieve this.
This unit introduces students to the theory and practice of public relations, the discipline that deals with the creation, maintenance, and enhancement of relationships between organisations and their publics. Topics covered include publicity, events, and public opinion. This unit may be taken concurrently with AMB264 Public Relations Techniques especially by students undertaking a public relations major. However, it may also be taken by those students doing a public relations minor, or as a stand alone unit by those students in a wide variety of study disciplines who wish to understand more about this important area of business.
AMB264 Public Relations Techniques focuses on writing for audiences - including the media - on behalf of organisations. It introduces students to public relations skills such as research, developing key messages, writing, and editing. It also helps them develop an understanding of how media work. AMB264 has been designed to be undertaken as part of the public relations major and minor. It may also be taken as a stand-alone unit by students in other disciplines. Note that students who enrol in this unit are assumed to have a high level of competency in written English. Students are also required to have or acquire a basic knowledge of public relations: readings are provided to help students refresh or acquire that knowledge.
This unit provides an introduction to the area of consumer behaviour and a forum for discussion of theory and research in the field. The current state of consumer behaviour research will be reviewed and some of the emerging trends in the area are explored through several avenues of assessment. The unit provides the environment for students to conduct their own research in areas that are relevant, of interest to them and reflect the interdisciplinary nature of consumer behaviour.
There are three things that differentiate IMC. It was created with a data-driven, technology empowered, customer-centric focus. It is about integration of the strategy, the message and the organisation. And IMC is about optimising the customer experience. These three things form the organising constructs or modules of learning in this IMC unit. Once students understand what IMC is through its definition and its technology-driven evolution, the learning shifts to integration and how we can enact and measure it. Finally, students apply this understanding to create and optimise the customer experience.
This unit provides a detailed overview of marketing research to support decision making in the areas of advertising, integrated marketing communication, marketing and public relations. The unit builds an advanced understanding of the use of survey research to support the descriptive and predictive information needs of management in such areas as consumer opinions and behaviour, and stakeholder analyses. Students will explore issues related to survey research design, questionnaire development and administration, sampling, measurement, data analysis including descriptive and multivariate statistics and presentation of research results.
This unit empowers students to make effective management decisions within the advertising process. It examines the setting of advertising objectives, and the need for coordination of these with marketing, communication and organisational objectives. It develops a sound understanding of advertising regulations and ethics, budgeting, research and campaign coordination. It further examines management's participation in the creative, media and production processes, and the contribution of advertising management to the cohesion and creativity of the agency.
This unit explores the substantive body of academic research on creative advertising. It follows the creative process, beginning with the formulation of consumer insight, to the development of creative strategy and big idea and concluding with campaign evaluation. Through cases and presentations, students examine how copywriters think, the illumination of the 'big idea' and its execution across the very diverse advertising and digital platforms.
Australia is one of the first countries in the world where advertising expenditure in the online environment exceeded that of television and all other traditional media. This necessitates a seismic shift in the way we need to think about advertising, public relations and marketing. It signals an imperative need to understand how digital campaigns are planned, created and measured. This introductory digital strategy unit fulfils this remit by explaining and practicing fundamental digital skills such as analytics, search, content creation, mobile and social media. It introduces the theory behind the practice in order to inform managerial decision-making and best practice in digital strategy.
This unit introduces international logistics functions and develops a strategic approach to international business transactions and integration focusing on supply chain management. The unit introduces traditional and contemporary logistics concepts and describes international logistics operations including global transport systems, inventory management, materials handling and information management. Global supply chain management cases and strategies are integrated throughout the unit.
This unit gives students essential knowledge and skills to understand and strategically respond to the challenges and opportunities of international marketing. Students will evaluate and formulate international marketing strategies. Students will develop and practice their critical thinking, data analysis and decision making skills. They will also learn to craft and defend their judgements to make effective contributions to marketing strategy informed by cultural and ethical understanding.
The study of marketing, marketing systems and marketing management and marketing planning within contemporary structure of social, cultural, political, economic, business and organisational environment. Concepts are applied through the study and construction of a marketing plan, which involves market and sales analysis, target market strategies, tactical decision planning, and implementation and control. Marketing management concepts are applied to virtual and physical markets and attention is given to a range of skills in finance, human resources, information and other skills needed by marketing managers in these markets.
Innovation is at the heart of success for developing products and services that offer customer value. This unit adopts a service design approach to understanding the creative development process and the commercialisation strategies of developing innovative products and services within the marketing mix. This unit provides students with the knowledge and practice of ideating new service and products, designing and evaluating prototypes, developing branding and packaging and finally developing a business case for commercialisation.
This unit offers advanced study of topical issues and emerging trends in marketing practice as a result of new technologies, current events and their impact on local, national and international enterprises. In depth interaction with business and public policy leaders expands students research, reflection and strategic thinking abilities.
This unit explores aspects of the public relations function in corporate communication contexts, with a focus on the intersection of theory and professional practice. There is consideration of legal, regulatory and governance requirements for organisations, and the influence on public relations strategy, planning and tactics.
This unit examines theories underpinning mass media and links these with the practice of public relations media tactics. Students analyse techniques and skills used in liaison with news media across paid, owned, earned and shared platforms. Students will produce a media strategy rationale and a digital media portfolio encompassing a range of media kit tools such as media releases, fact sheets, and photo opportunities.
This unit introduces students to the key public relations engagement strategies of information, consultation, and participation, and develops their understanding of the theoretical foundations of these strategies. It provides students with the skills and knowledge to identify the expectations stakeholders have of organisational engagement; and to develop appropriate public relations communication programs based on strategies of information, consultation and/or participation in response. Ethical practice is a key organising framework for this unit.
AMN465 Public Relations Management provides learners with an overview of the theory and research that constitute the foundations of public relations practice. The unit provides a detailed inspection of communication processes necessary for the management of organisational relationships with publics. The unit focuses on such topics as issues management, organisational change, public opinion, and mass media effects in order to explore the foundations of contemporary public relations management.
Public Relations Campaigns provides a systematic exploration of the planning, management and evaluation of public relations campaigns and programs. The primary goal of the unit is to build a detailed understanding of existing theory and research that informs the development and evaluation of public relations campaigns. The unit focuses on key problem areas of campaign management including strategy, design and evaluation. Contemporary best practice campaigns are identified and critiqued. In response to a real world client brief, a public relations campaign plan is developed.
AMN468 examines the strategic management of crisis communication for organisations. Following a strategic planning approach content covered includes organisation analysis, issues identification, audience prioritisation, strategy formulation, tactical planning and implementation and evaluation. Issues in management (pre-crisis) will be addressed as well as proactive and defensive communication strategies during crisis. The unit will demonstrate the application of general communication tools to a specialised area.
Accounting data is the basis for decision making in any organisation. Accordingly, the aim of this unit is to provide students with a basic level of knowledge of modern financial and managerial accounting theory and practice so that they can understand how accounting data is used to help make decisions in organisations. The unit covers financial procedures and reporting for business entities, analysis and interpretation of financial statements and planning, control and business decision making.
This unit incorporates the concepts and principles of business law with the theories and applications of business ethics to introduce and provide students with an understanding of laws and ethical standards applicable to business decisions . Upon completion, students will have made extensive use of case law and ethical principles to develop knowledge and skills that enable the student to analyse, apply and evaluate the legal principles and ethical environment and practices relevant to business decision-making processes.
This unit introduces students to the key economic concepts and their practical applications. It comprises twelve topics each focusing on a current economic issue. Microeconomic topics include demand and supply, elasticity, production and cost theory and market structure. Macroeconomic topics include measuring GDP, inflation and unemployment, money and banking, and fiscal and monetary policy.
The unit provides an introduction to the theories and practice of management and organisations. Emphasis is on the conceptual and people skills that are needed in all areas of management and organisational life. The unit acknowledges that organisations exist in an increasingly competitive environment where the emphasis will be on knowledge, the ability to learn, to change and to innovate. Organisations are viewed from individual, group, corporate and external environmental perspectives.
This unit examines the drivers of globalisation and the diversity of country markets at an introductory level. It develops the skills and understanding needed to identify and respond to the opportunities, challenges and risks of conducting business across politically, economically and culturally diverse environments. An authentic country analysis study is undertaken to help identify where a firm can find opportunities both in terms of actual and potential markets and the location for value-adding activities. The unit aims for students to develop a comprehension of the nature and role of globalisation and the drivers of international business, knowledge of the competitive forces and challenges confronting all business as a consequence of globalisation processes and an awareness of the additional knowledge and skills required of management to operate business internationally across a diversity of environments in an ethical, legal and sustainable manner.
The ability to collect, analyse, manipulate, understand and report data is an important skill in any work environment. This is particularly true in business where learning to deal with randomness, variation and uncertainty is a vital skill for anyone intending to apply their knowledge. This unit is designed to ensure that students gain the basic tools necessary to allow them to develop this skill. Students will also gain an introduction to many of the quantitative techniques which will be used throughout their further studies in their chosen discipline.
BSB126 Marketing is an introductory unit that examines the role and importance of marketing to the contemporary organisation. Emphasis is placed on understanding the basic principles and practices of marketing such as the marketing concept, market segmentation, customer value and consumer behaviour. The unit explores the various elements of the marketing mix, with special reference to product, price, distribution, and promotion, including advertising and public relations. By way of introduction only, key issues relating to services marketing, e-marketing and strategic marketing are also canvassed.
Cost Benefit Analysis (CBA) is a key technique used to assess the relative desirability of competing alternative uses of limited resources. CBA has a well-established theoretical foundation and is a commonly used method of economic evaluation. CBA is used to appraise investment projects, socio-economic programmes and policies with the results from CBA providing decision makers with useful information to make informed decisions. This unit provides students with opportunities to understand, analyse and apply the analytical framework of CBA across a range of industries in the public and private sector.
This unit introduces students to the institutional structure of global financial markets, and thereby complements the understanding of theoretical finance gained in EFB210. Topics covered include the functions of financial markets, the banking and payments system, financial system deregulation, non-bank financial institutions, stock exchange operations, debt markets, foreign exchange markets and markets for financial derivatives.
This unit covers the following topics: an introduction to the financial institutional framework; an introduction to debt and equity instruments; financial mathematics applied to the pricing of debt and equity securities; a firm's investment decision including Net Present Value (NPV) and Internal Rate of Return (IRR); introduction to risk and uncertainty using the Capital Asset Pricing Model (CAPM) and Weighted Average Cost of Capital (WACC) concept and risk management.
In this unit students analyse the ways that international operations and performance of businesses can be put at risk by changing financial and regulatory conditions across borders and determine how best to manage the exposure to this risk. This unit examines the following: the evolution of the international financial system; the foreign exchange market; the types of foreign exchange rate exposures; managing exchange; translation and consolidation risks; assessing foreign direct investment targets; comparing the performance of foreign affiliates; operations exposure to regulatory risk of tax; investment evaluation and policy changes; country risk assessment and managing country risk exposure.
This introductory unit provides students with a broad understanding of the economic forces that impact consumers, business and government. It develops skills that they will continue to apply in later units where more complex situations and issues are covered. Consumer behaviour, the efficiency of markets, and market structures are some of the microeconomic topics addressed in this unit. The macroeconomic topics include the cost of living, economic growth, the financial system, and fiscal and monetary policy.
This unit gives students an essential grounding in applied finance, addressing fundamental issues of how we can use finance in a commercial sense and how this impacts critical organisational and managerial decisions in an increasingly complex and demanding financial environment. This unit introduces students to key themes in finance including Financial Markets and Instruments, Market Efficiency, Risk and Return and Cost of Capital. It also addresses key financial decisions of the firm including investment, dividend and financing decisions.
This unit introduces students to key knowledge and skills necessary, not only in a commercial sense, but also from the perspective of individuals functioning in an increasingly complex and demanding financial environment. Subsequent units will build on and extend the knowledge and skills gained in this unit.
The aim of the unit is firstly to provide a basic understanding of how market conditions are determined and, in particular, it investigates market forces that drive production and prices in both individual markets and the national economy. Secondly, the aim is to help students to develop a statistical way of thinking to assist with decision-making in the absence of complete information in real word situations.
This unit provides a strategic overview of economics as applied to the health sector. The unit develops a set of skills with applications to health and financial management decision-making principles and processes. After developing an understanding of basic economic concepts you will learn to apply this knowledge to financial management in Australian and international health care settings. This will include a discussion and analysis of health evaluation. Economics aids in making better informed and logically coherent decisions. The unit will equip emerging health managers with skills and theory to enable them to effectively manage resources and the associated financial implications for their area or department.
This unit introduces students to a range of key concepts and ideas in finance, giving students grounding in how financial markets operate and also the ability to critically apply knowledge and skills to address real world problems and issues arising in financial markets. The unit considers key developments in the rapidly changing financial environment and the role of financial theories and models in this context. Students are introduced to theories, institutions and instruments to better understand how financial markets operate, to consider the stresses on these markets and to address problems and issues that arise. Students will develop and practice critical thinking skills through the practical application of finance knowledge and skills to analyse and address real world financial market events in addition to considering ethical perspectives and behaviours in financial markets.
This unit introduces students to the current concepts and applications of the behavioual economics approach. Students will explore the concepts of (ir)rationality and emotions, heuristics and biases, (dis)honesty and morality, and investigate how evolution shapes behaviour and culture drive human evolution. The roles of norms, peers, history and culture in influencing choice will be examined with a focus on understanding why people cooperate or compete, love or hate, trust or deceive, learn and reason. Students will learn how to apply tools of thought and exploration such as experiments, nudging, simulations and derive a foundational understanding of how to apply these tools in the real world, with the goal of observing or achieving behavioural change.
This unit examines the following: the functions and roles of managers; concepts and principles and their practical applications; the key management functions; areas of planning, organising, staffing, directing and controlling; production/operations management and the management of quality; entrepreneurship and business planning; and important problems, opportunities and trends facing managers in Australia analysed from the viewpoint of relevant academic disciplines.
This unit looks at the following: employment relations; employee and union action; the role of governments and industrial tribunals; alternative methods and pressures to change traditional Australian systems; the Australian system of labour management relations; systems of regulation in the employment area; negotiating skills; and the resources required for mobilising change in this area.
This subject aims to provide a broad understanding of organisational behaviour as a base for future study and practice of management. It moves from a micro-perspective on individual behaviour through the interface between the individual and the organisation to overall characteristics of organisations which shape the behaviour of their members. The aim is to provide an understanding of why employees feel and act the way they do in organisations and considers methods for enhancing positive employee attitudes and behaviours and organisational effectiveness. The emphasis is on understanding basic assumptions and models, major theoretical issues, methods of measurement and practical implications.
This unit focuses upon developing managers' understanding of the strategy concept and placing the fundamental elements of strategy in a framework for use in the decision making process. Taking the perspective that many managers make decisions that can have strategic implications, the emphasis is upon studying those issues that can affect the strategic positioning of the organisation. This involves creating an understanding of the universal building blocks of competitive advantage at the business, corporate and international levels. By understanding the nature and determinants of competitive and comparative advantages, students will be well positioned to take a more strategic perspective in their organisational activities.
Creating New Ventures is designed to introduce postgraduate students to the field of entrepreneurship and the development of new business. Students will acquire an integrated understanding of the dimensions of business for the purposes of opportunity recognition and viability screening to promote sustainable competitive advantage, and develop a sound business model for a new enterprise.
This unit examines the interplay between human resource management policies and processes and their contribution to sustainable competitive advantage and organisational effectiveness. HRM is considered from stakeholder, strategic and functional perspectives and an open systems model is used to introduce key processes and practices. The unit fosters discipline knowledge, analytical and action taking competencies and prepares students for advanced study in the field.
One-to-one executive coaching has emerged as a popular and powerful intervention for improving the performance and satisfaction of individual executives. More recently, its use has been expanded into a variety of related organisational interventions. Human resource professionals are often responsible for making decisions about how coaching is used in organisations, particularly in relation to leadership development. This unit will equip students with expertise in understanding how leadership and executive coaching intersect in organisations. It will cover the theoretical foundations and models of evidence-based executive coaching, give opportunities to acquire and practice foundational coaching skills, as well as provide feedback for self-development.
In the contemporary business environment professionals are empowered to manage their own growth and development in order to facilitate meaningfulness in organisational life. The unit on Self-leadership is an elective in the Master of business course and is delivered in an ‘on-line’ mode to enable an ‘anytime’ and ‘anywhere’ approach to your self-development work. This approach invites you to take the necessary time to reflect and develop greater insight into your own thinking and behaviour.
Australia's growing skills shortage and the prospect of an ageing workforce threaten the sustainability, productivity and growth of many industry sectors. These pressures have made talent management a strategic priority for many organisations. At its heart, talent management is simply a matter of anticipating the need for human capital and then developing a plan to meet it. However, the adaptive capacity of traditional workforce planning methods appears inadequate for today’s uncertain business environment. This unit examines talent management as an alternative to traditional HR planning practices. It focuses on developing both a theoretical framework to guide talent management initiatives and applied skills (e.g. identification of critical roles, workforce analysis) required to develop a talent management plan.
The aim of this unit is to enable an intensive study of business and markets in Asia. The development of the major industries is examined, together with major intra-regional patterns of trade, commerce and finance. Significant economic, political and social factors determining developments are focused on, as well as regulatory restraints governing market access. Students are required to undertake a project that requires the application of knowledge of the region to a business issue.
This unit enables a more intensive study of business and markets in Europe. The development of major industries will be examined, together with intra-regional patterns of trade, commerce and finance. A particular focus will be on the development and fragmentation of a single European market and its international implications. Significant economic, political and social factors determining developments will be focussed upon, as well as regulatory issues governing market access. Students will be required to undertake a project which requires the application of knowledge of the region to a business issue.
This unit introduces international students to the business environment in Australia. Students examine the geographical, historical, socio-cultural, political, regulatory, demographic, economic, legal, locational and other factors that influence business and management practice in Australia in the current environment.
This core unit examines the forces of globalisation, the diversity of international environments and their impact on business functions at the operational level. It examines the processes and challenges of internationalising the business operation as firms strive to compete successfully in the global marketplaces. Areas of study include the growth of international business and globalisation, international business motives and forms, the nature and challenges of the diversity of environments, and managing and controlling business operations.
This unit develops students' skills in negotiating intra- and inter-culturally. It provides students with a tool-box of negotiation skills and then explores the relationship between cultural value dimensions and negotiating behaviours. Students practise their negotiating skills with members of their own culture, in cross-cultural dyads and in multi-cultural teams to build confidence and capability in negotiating and influencing.
This unit considers the origins, nature and effect of social change on individuals, organisations and communities. Theories and models of change are used to explore planned and unplanned changes currently occurring, particularly as these relate to possible futures. Emphasis is on the strategies and skills required to initiate and participate in effective change management.
The main objectives of this unit are to identify, analyse and report on contemporary issues in HRM and to research information relevant to identified topics. The content may vary according to which issues are current or predictably important in the future. Special expertise of staff, visiting scholars or distinguished HRM professionals may be utilised.
The unit introduces the students to the field of entrepreneurship research and the problems, theories and methods that are prevalent in (empirical) research on entrepreneurship. Students learn to "know the field" including its historical development; its "infrastructure" of journals, conferences and research centres, and its contemporary research questions and approaches. The students will develop an ability to assess the strengths and weaknesses of the field and gain insights into where and how they can contribute to its research frontier.
Units requiring approval
You can only enrol in these units if you meet the specified requirements and have significant background knowledge in the area of study. After you apply, we will assess the units and your background knowledge and let you know the outcome.
Financial Accounting examines the accounting concepts and procedures for the preparation of external financial reports relevant to corporate structures within the context of the Australian accounting profession's conceptual framework, the relevant accounting standards, and Corporations Law requirements. Topics include: an introduction to the international regulatory environment and the conceptual framework underlying international accounting standards; financial reporting requirements for companies such as; accounting for leases; and the professional role of accountants.
This unit looks at the various types of business entities that exist in Australia today and laws applicable to these entities. The unit will also take into account consideration of a range of issues affecting these legal entities, such as capital raising and finance, taxation, accounting, audit and statutory requirements under the relevant Acts and legislation.
This unit introduces students to the statutory framework of the Australian taxation system. Elements in the determination of taxable income and the levy of income tax are examined including general and specific categories of assessable income and allowable deductions, capital gains tax and administration aspects of the tax system. The taxation of fringe benefits is also examined. The unit also provides a brief overview of the taxation of partnerships, trusts and companies and an overview of the goods and services tax. Emphasis is placed on developing students' skills in problem solving through research and analysis of taxation issues.
This unit provides an examination of the concepts, processes and issues relevant to accounting information systems including: design and development of accounting information systems including general ledger and reporting cycle, revenue cycle, expenditure cycle and payroll cycle; internal controls; computer fraud, security and crime; accessing accounting information; blockchain and analytics in an electronic environment. Practical application of these concepts is enhanced by the use of accounting related software.
This unit introduces students to accounting systems and techniques that provide management at all levels with information for use in planning, controlling and decision making. This can be contrasted with financial accounting, which provides summary financial information principally for external users (i.e. shareholders, creditors, banks, etc). The unit covers a range of accounting systems where the principles and concepts used to develop such systems can be applied to both manufacturing and service organisations.
International Accounting is designed to provide students with an insight into, and an appreciation of, many of the financial accounting and reporting issues faced in an international business environment. Issues examined include: comparative, financial, international accounting systems and practices; cultural influences on financial accounting and reporting policies and practices; comparative international analysis of international, foreign, financial statements; international foreign currency transactions and hedging; international corporate social responsibility (sustainability) reporting and comparative international auditing and taxation issues in the twenty-first century. The unit also examines the impact of international harmonisation of financial accounting and reporting standards on multinational corporations and the investment communities worldwide.
The unit is intended to equip students with a basic understanding and knowledge relevant to the environment of legal entities, particularly corporations. It also seeks to provide students with sufficient basic understanding of the legal structure of business associations to enable them to recognise the appropriate structure for particular commercial situations.
This unit builds on introductory knowledge of business law and ethics to look at the laws and regulations applicable to corporate securities and financial services in Australia. It examines disclosure obligations for financial products and services, ASX listing rules, takeovers, and market misconduct rules, and provides opportunities for students to develop and extend their critical analysis, decision making and communication skills in these contexts.
This unit introduces students to the Australian superannuation system and the regulatory framework under which it operates. The unit aims to develop students' knowledge and understanding of the superannuation system to equip graduates seeking career opportunities in financial planning, or other areas of business dealing with superannuation-related matters affecting organisations and/or individuals.
This unit provides a broad overview of financial planning knowledge.
This unit enables students to comprehend the key concepts of auditing as a discipline, to demonstrate the relationship between auditing and the systems of accountability and to demonstrate the differences between manual and EDP audit processes. The unit builds on the knowledge of accounting and accounting standards acquired in prior units by enabling students to understand in detail the audit process (including professional auditing standards and techniques) which leads to the auditor providing an opinion on the financial reports of various types of entities. Ethics and auditor's liability are also covered.
This unit examines accounting theories and reporting practices adopted in the financial statements of reporting entities, focusing on publicly listed companies that communicate information to meet the decision making needs of external parties. Emphasis is placed on developing an understanding of, and the ability to critically evaluate, how regulatory requirements and incentives affect financial reporting. The unit overviews the different governance models of corporations and relates them to their financial reporting environment. Touching on accounting theories and their evolution, it seeks to explain accounting choices made by managers. This framework provides a basis for examining specific accounting issues with an emphasis on both the application of specific accounting measurement models (historic cost versus fair value) or regulatory provisions (continuous disclosure requirements). The unit concludes by analysing some of the most recurrent issues of debate in the international arena.
This unit examines the principles governing the taxation treatment of various business entities including partnerships, trusts, companies and superannuation funds from a domestic and international perspective. The unit provides students with an understanding of other considerations which affect the choice of an appropriate business structure from a taxation perspective, including rollover relief and the CGT small business concessions, the importance of legitimate tax planning and the distinction between tax avoidance and tax evasion and some of the more simple aspects of international taxation between Australia and its major trading partners. The unit also covers an analysis of the GST , a review of types of supplies under the Act and the concept of creditable acquisitions. Specific issues such as the GST implications of real property, the margin scheme, GST planning strategies and the GST avoidance provisions are also covered.
AYB321 Strategic Management Accounting develops a holistic view of organisations, strategy and management accounting. This unit aims to provide students with an in-depth understanding of various management accounting tools and techniques that can be designed to support strategy. It builds on the technical knowledge gained in AYB225 Management Accounting by taking a more strategic orientation to the application of these techniques to aid in managerial decision-making. It will enable students to examine many of the current issues in management accounting and consider the skills and competences that management accountants should develop to stay competitive.
This unit includes: an overview of the statutory requirements that dictate the format and content of published financial reports of companies; the requirements of the Corporations Act 2001 and various disclosure orientated accounting standards; accounting for income tax; accounting for the acquisition of assets (including entities); the preparation of consolidated financial statements; accounting for investments in associates; segment reporting; the translation of the results of foreign operations; and liquidation.
This unit focuses on providing skills in forensic and business intelligence through the use of SAS technologies. The unit assists students to analyse large data sources and report their findings to assist managerial decision making. Forensic and business intelligence issues and corporate decision making processes are emphasised. This unit provides students with an important skill base in supporting corporate decision making and investigation in a business environment.
Topics in this unit include: the audit environment; legal liability of auditors; professional ethics; the study and evaluation of audit planning and programming, evidence, internal control theory and review techniques; audit program applications; audit in CIS environment and evaluation of CIS controls; computer-assisted audit techniques; computer fraud; audit sampling techniques; audit reporting.
This unit introduces students to techniques that provide management at all levels with information for use in inventory valuation, planning, controlling and decision-making. The unit's major focus is on product costing systems for manufacturing firms.
This unit examines the life cycle of a corporate entity and investigates accounting issues relating to the registration, funding, expansion and termination of a corporate entity. It covers an overview of the statutory requirements of the Corporations Act 2001 relating to the registration of a company; an overview of the statutory requirements that dictate the format and content of published financial reports of companies; the requirements of the Corporations Act 2001 and the major disclosure orientated accounting standards; accounting for income tax; accounting for the acquisition of assets (including business entities); accounting for investments in associates and joint venture arrangements; and accounting for business combinations including the preparation of consolidated financial statements. The unit also examines the statutory requirements that dictate the termination of a company's life and the accounting procedures necessitated by winding up/liquidation.
This unit introduces students to the concepts and theories that underlie financial reporting and disclosure practices. The regulatory environment and factors influencing accounting policy choices provide a framework for examining the financial effects and behavioural implications of applying different accounting methods to specific accounting issues. Particular emphasis is placed on both the application of specific accounting techniques/rules and the conceptual/theoretical issues associated with alternative accounting methods.
This unit introduces students to the statutory framework of the Australian taxation system. Elements in the determination of taxable income and the levying of income tax are examined including general and specific categories of assessable income and allowable deductions, capital gains tax and administration aspects of the tax system. The taxation of fringe benefits is also examined. The unit also provides a brief overview of the taxation of partnerships, trusts and companies and an overview of the goods and services tax. Emphasis is placed on developing students' skills in problem solving through research and analysis of taxation issues.
This unit examines the concepts, processes and issues relevant to computerised accounting information systems (AIS) including: AIS themselves; risk management; internal controls; acquisition of AIS; reliable systems: how AIS fit into Corporate IT systems; and big data/ analytics in the accounting field. Practical application of these concepts is enhanced by the use of accounting software, spreadsheet software and database software.
As a result of having to make increasing numbers of urgent, strategic, high-risk decisions, management need more than just information to assist them. This unit focuses on providing skills in forensic accounting and data analysis through the use of advanced MS Access, MS Excel and SAS Enterprise Guide to mine and analyse data sets to assist managerial decision making and aid in fraud detection. Applications for financial forensics and business intelligence are emphasised. Elements of fraud theory, business analytics and forensic accounting theory will also feature in this unit.
The unit is designed to provide students with an understanding of the risks of fraud or corporate failure occurring and an appreciation for the subsequent forensic review processes. An understanding of control environments and their adequacies and inadequacies should also be derived.
This unit aims to introduce students to financial planning concepts, issues, laws and regulations applicable to corporate securities and financial services in Australia, along with disclosure obligations for financial products and services, ASX listing rules and market misconduct rules. The foundational knowledge and skills learned in this unit form the basis for further postgraduate study in the financial planning discipline.
Strategic Management Accounting develops a holistic view of organisations, strategy and management control. The unit prepares students for the real world of unstructured problem-solving and aims to build their practical knowledge and skills as future strategic leaders. In this unit students take on the role of a senior manager to actively understand how organisation's effectivly formulate and implement strategy using business case studies aimed at broadening the skills and abilities of strategic management accountants. Topics include: organisations and making strategy, implementing strategy through the management of control systems; forecasting, internationalisation,social and environmental mangement accounting and and strategic leadership.
The Accountancy profession has repeatedly stressed the need for accounting university graduates to be 'work ready' and able to deal with and solve unstructured, multi-disciplined problems. This unit is a deliberate attempt to address this concern for students who enter the accounting profession through the Master of Business (Professional Accounting) course and enables students in the Master of Business (Accounting) course to further develop their team work, research and problem-solving skills using problem-based learning (PBL). The unit simulates issues faced by a professional advisor/consultant by presenting students with simulated real world problems. The 'real world' focus of the unit ties strategically into QUT's charter and provides our students with a potential advantage in seeking employment.
This unit provides an introduction to the conduct and evaluation of marketing and audience research across the disciplines of advertising, marketing and public relations. Class members explore how field studies, survey and experimental research are employed to support advertising, marketing and public relations information needs. The unit provides an overview of research process, research design, methods of data collection and analysis, and the development of research proposals to support decision-making. Class members also explore issues related to research on media audiences, research ethics, and the management of client briefings.
In past decades many organisations separated the different forms of marketing communication that convey their corporate and marketing messages. They developed separate plans for their advertising, public relations, direct marketing, personal selling and sales promotion with separate goals, objectives, strategies and budgets. Today many companies recognise the concept of integrated marketing communication which integrates these different functions along with other aspects of the marketing mix that communicate with stakeholders and customers. Integrated marketing communication requires a 'total' approach to planning marketing communication programs and coordinating communication strategies in omnichannels in support of overall brand and product/service marketing objectives. Specifically, the use of online social media as an important communication tool is highly examined within this subject.
This unit examines the nature and importance of Procurement in the role of business today. Procurement has become increasingly important and valued by organisations that are part of global supply chains. The management and strategic control of procurement functions in modern businesses adds profit through cost control in businesses and that has gained significance in the drive to maintain profit in internationally competitive markets. Modern procurement professionals require the use of many skills to achieve these outcomes and this unit introduces students to the functions of purchasing and procurement in an organisation.
Social marketing is the application of commercial marketing principles to solve social problems. It is increasingly being adopted by governments around the world as they seek effective solutions relating to public health and climate change, environmental issues. This unit introduces students to the theory and application of social marketing, explaining how techniques such as branding, segmentation and the marketing mix can be used to respond to social and health issues. Students will learn to analyse real world problems and develop innovative and creative solutions using social marketing frameworks. This is an elective unit for business and public health students
The entertainment industry is the second largest in the world, worth nearly US$2 Trillion and offers great opportunities. However the marketing of entertainment provides some unique challenges to the application of marketing tools. Students will complete an entertainment marketing case study that will clearly demonstrate to potential employers that students have the necessary skills and abilities to work in an entry-level position/analytical role within a marketing department in the entertainment or arts field.
This unit examines tourism marketing in the context of destinations, which is a fundamental pillar of the travel industry and tourism research. The majority of tourism activities take place at destinations, which are now the biggest travel brands. The majority of governments now fund a destination marketing organisation (DMO) to enhance competitiveness in global markets where travellers are spoilt for choice. The success of individual tourism businesses is reliant to some extent on the competitiveness of their destination. Therefore the unit analyses the tourism macroenvironment, and the role of the DMO in developing and coordinating a holistic destination marketing plan that encourages collaboration between the many stakeholders for the wider benefit of the community.
Learners will develop a comprehensive understanding of brand building concepts and techniques to improve the long term profitability of brand strategies. Although brands may represent invaluable intangible assets, creating and nurturing a strong brand poses considerable challenges for organisations. This elective unit draws on the concept of branding theory to provide marketers with ideas around planning and implementing brand management programs, measuring and interpreting brand performance, and growing and sustaining brand equity.
This unit serves as an introduction to later units in the advertising major and gives learners an overview of the advertising industry and the management of the advertising function. The unit traverses the interrelationship of the institutions of advertising, the advertisers, the advertising agencies and the media. It introduces research and details methods of determining advertising objectives, budgets, establishing target audiences, interpreting audience ratings and circulation figures, and enables learners to gain a preliminary understanding of the creative functions of the advertising industry. It also shows the ethical and legal side of advertising and its important role in society and the economy.
This unit extends the student's knowledge of the fundamental marketing concepts and theories introduced in the Faculty Core unit in Marketing, by adding further breadth and depth of knowledge of marketing and developing skills in the application of this knowledge to marketing planning and management within the business environment. Emphasis is on the roles within a marketing team at the product management level in undertaking analysis, planning, implementation and control of marketing activities. Specifically this unit uses a role-play simulation called QUTopia to engage students in real-world learning. QUTopia is unique to QUT and has awards at both local and national levels as an exciting way of engaging students.
This unit examines international logistics through the concepts of international distribution channels and international supply chain management. Strategy in managing international logistical constraints is emphasised with practical studies of contemporary international supply chain management in international industries. Traditional costs and financial aspects of supply chain management are considered. Contemporary issues are incorporated including: the impact of e-business on international logistics; the evolution of new technologies for 'smart' packaging, warehousing and international stock control; the combination of international services with goods products; recent technological developments in international transportation and product quality control.
This unit will develop students' abilities to prepare, analyse, interpret and report on marketing and consumer research data and to provide meaningful, evidence based marketing decisions and recommendations. Students will develop high-quality data analysis skills relevant to marketing and consumer research using industry-relevant software. The unit is aimed primarily at students wanting to pursue a research career, but is also invaluable to students who will work in industries where analysing and reporting on consumer research data is essential.
This unit develops students' abilities to critically analyse and evaluate research designs, findings, and interpretations. Students will learn to evaluate industry-based and academic research findings. In addition, they will learn to formulate quality research proposals to explore contemporary issues within academic and/or industry literature. The unit is primarily aimed at students wanting to pursue a research career, but will also be invaluable to anyone wanting to work in industries where the ability to evaluate the design and trustworthiness of research findings is essential.
AMB310 Real World Internships and Projects provides work integrated learning experiences for undergraduate students majoring in advertising, international business, marketing or public relations. The unit provides framework and support for students to learn and reflect through internships and projects with approved industry and community partners, through authentic activities that are planned and assessed.
There are two parts to any copywriting process the thinking and the writing. In the first part, students learn to solve advertising problems through an understanding of the prospect and the product and the formulation of incisive creative strategy. In the second part, creative thinking techniques are applied and advertising concepts emerge from the creative strategy. Students' thinking and writing skills are refined in weekly workshops and culminate in a group project.
This unit provides real world learning experiences for undergraduate students majoring in advertising. It introduces the qualitative and quantitative factors affecting media selection and use by advertisers. It covers the costing and scheduling of media, market targeting, measuring media exposure, media comparisons and trends. In-depth analysis of advertising media will allow learners to develop an understanding of the characteristics of each. The application of the concepts of media decision making, media strategy and research to the development of a media plan are emphasised.
This unit takes the perspective of the Advertising Manager and addresses the use of research in developing, implementing, managing, and assessing a successful advertising campaign. In Advertising Management, learners use the case method of learning to examine the advertising process from its place in the marketing mix to the formulation of objectives, strategy and budget to the development of creative and media tactics and their ongoing evaluation. In addition, issues that impinge upon the advertising campaign management process such as legal and ethical issues, globalisation and the client-agency relationship are discussed.
This advanced unit provides real world learning experiences for undergraduate students. It leverages and extends the theoretical perspectives and applied skills introduced to students in earlier advertising, marketing and public relations units. It explores the digital environment, interrogates digital platforms and integrates critical research, planning and an understanding of analytics into digital campaign development. This understanding is then applied through hands-on exercises in areas such as search, analytics or content to build a portfolio of digital skills.
The discipline of Direct Marketing has grown in importance because of its precise targeting, easy accountability, its foundations role in Integrated Marketing Communication (IMC), and its increasing share of the marketing communication budget. This unit focuses on the principles of direct marketing and the role of the database in locating prospects, tracking customers, and building relationships. It examines the components of direct marketing telemarketing, personal selling, and direct response advertising. As the main communication discipline of direct marketing, the emphasis is on direct response advertising. Students analyse the offer planning, strategy, creative, media, testing, and evaluation of direct marketing campaigns.
The aim of this unit is to provide students with a thorough understanding of the multiplicity of issues that impact on the development of international marketing strategies and plans and their operational implementation. The unit is highly applied and provides students with the following opportunities: to analyse global international firms, their marketing strategies and various international marketing issues in a variety of geographic and industry contexts; to evaluate methodologies and new practices for handling problems and issues typical of global and international markets and competition; to develop an operationally sound international marketing plan.
This unit explores the special characteristics of services that distinguish the marketing of services from goods. Topics include the distinctive aspects of consumer decision-making relative to services and the implications for marketing strategy formation, the management of demand and supply, customer service and its influence on service satisfaction, service quality management and measurement, internationalisation of the service sector, and distribution modes for services that reflect the significant impacts of new technologies on service delivery.
This unit introduces students to the public relations planning process. Students build skills in planning by analysing the components, execution and evaluation of contemporary public relations campaigns. The public relations planning process, partnered with theoretical concepts and ethical considerations, is examined across practice contexts and areas.
Issues, Stakeholders and Reputation (AMB373) provides students with the opportunity to build on and apply their understanding of public relations to an in-house organisational role to anticipate and respond to issues that influence stakeholder relationships and organisational reputations. Corporate communication provides foundational skills and knowledge of the issues management process and decision making to understand and respond to stakeholder opinion.
Global Public Relations Cases applies the theoretical underpinnings of broad public relations practice to particular practice areas, using case based learning. Analysis and discussion of real-world cases in local, national and international settings and the public relations responses will improve students' application of knowledge and skills in public relations and strengthen students' decision-making and critical thinking skills.
Internal Communication and Change (AMB375) develops students' knowledge and skills in communication management within organisational settings characterised by diverse workforces and communication technologies. Building on theoretical foundations from public relations, change management, and internal communication, students will explore both strategic and tactical aspects of internal communication and change communication.
The unit provides participants with the opportunity to make a detailed exploration of the literature on a particular topic or problem in the area of Integrated Marketing Communication under the direction of a supervisor. The readings integrate and consolidate theory and research related to IMC and from other studies undertaken in the course. Students undertake a formal and systematic review of literature in a particular problem area of IMC related to their interests, project or thesis. Students may also explore work covered in other specialisations.
This unit surveys the intellectual and ethical foundations of a number of business decisions and contemporary issues emerging within the advertising and IMC disciplines. Through the use of intensive case study analysis and discussion, students will refine conceptual understanding and analytical skills to explore advertising and IMC topics. This will not only help inform IMC planning and strategic decisions, but also provide systematic explanations of their societal implications and consequences.
This unit introduces a framework for studying services and explores both strategic and operational issues including the design and delivery of services; the formulation of communication strategies; the definition, measurement and implementation of customer-focused marketing programs in service industries; and the establishment and maintenance of relationships with customers.
This unit will provide students with the necessary background for advanced study in economics, econometrics and finance. It should also enable them to use basic mathematical and statistical techniques for economic and financial analysis and enable the confident and independent use of these skills. Students will be helped to understand the use of these techniques with reference to real world applications drawn from the fields of economics and finance.
Consumer behaviour, the role of the government in market intervention, allocative efficiency and market structure are some of the fundamental issues in microeconomics addressed in this unit. Business cycles and the related issue of macroeconomic stabilisation policy are analysed and explained within the Australian context. The significance of the international economy is described through a discussion of foreign exchange markets, the Australian dollar and the terms of trade.
A key focus of this unit is to understand the complex dimensions of current social and public issues. Foundational economic concepts, principles and theories will be used to analyse and evaluate issues, and students will develop an understanding of the broader political economy that underpins many complex problems (including social and ethical bias and norms), which can consequently drive particular policy approaches. Students will assess economic policy inferences, recognise potential constraints in their implementation and evaluate the efficacy of policy outcomes.
The unit introduces students to some of the current environmental and natural resource issues confronting society and how planners and decision-makers could better understand and address these problems using economics. This unit demonstrates that economics has a major role to play in helping us to understand and solve some of the environmental problems facing societies. It will be demonstrated that economics can often be used to help protect the environment rather than harm it. The unit would benefit those who wish to work either in the public or the private sector.
This unit extends students' understanding of risk management, insurance and estate planning principles and practices. Emphasis is placed on developing students' skills in problem solving further through research and analysis of risk management, insurance and estate planning client problems, and providing resulting financial advice to clients.
In this unit, students will develop computer programming skills. Students will apply these programming skills to financial modelling and problems that are based on contemporary data analytical tools: simulation methods, optimisation tools, forecasting methods. Students will apply these skills to problems and topics including risk prediction, correlation matrices, portfolio construction, and option pricing.
This unit explores a range of pricing models and develops students' knowledge and skills in the application of these for derivative pricing. Students will construct and generate a variety of derivative prices and draw on discipline knowledge, technical skills and critical thinking skills to adapt these models to solve problems.
This unit examines the fundamental motivations for lending by financial institutions, and the ways in which these are reflected in loan market practice. Specific topics cover the theoretical basis of lending as financial intermediation, the purpose and utilization of loans by borrowers, the major costs of lending for financial intermediaries (including a strong focus on credit costs), lenders' compensation, lending relationships, the structural features of loan agreements, loan security and enforcement, and special topics on syndicated lending and project finance.
This unit examines the theory and practice of international finance, including: the mechanics and uses of the spot, forward, swap, futures and options markets in foreign exchange; the relationship between domestic and international capital markets; interest rate and exchange rate determination; risk management of foreign exchange; international trade finance; and evaluation of offshore investment.
The unit introduces macroeconomic theories and policies. During the course of the semester, you will become familiar with various macroeconomic issues faced by a modern economy, policies to solve these issues as well as the limitations of these policies. You will develop a critical view when confronted with the different theories and policies.
This unit is concerned with the economic analysis of the decisions and actions of consumers, firms, and governments in modern economies. It focuses on the interplay between government, private firms, and consumers and on developing the student's ability to apply microeconomic concepts to a range of economic issues and problems. The theoretical and empirical content of this unit provides the basis for understanding the decisions and actions of consumers, firms and governments in modern economies with a focus on applying theories to real world problems.
This unit is designed to expose students to current and practical applications of behavioural economics that can be used to improve the understanding of important topics in the area of sports, arts and entertainment. It uses an economic approach to explore topics such as superstardom, fakes, fads and herding behaviour, favouritism, awards and creativity, pressure, pay and performance, positional concerns or outcome uncertainty. The theories and methodological tools learned in this unit can also be applied to other economic areas and industries.
This unit develops and applies econometric methods introduced in earlier units. As a final year unit the focus is primarily on applied skills using common methods that business, economics and finance graduates will encounter in practice. Students will develop technical and critical thinking skills and gain an appreciation of many of the theoretical results underpinning econometric models to assist in their application. The knowledge and skills gained in this unit will enable students to address problems encountered across the areas of microeconomics, macroeconomics and finance. These skills are essential for research in economics and finance and for use in future employment.
This unit advances the students’ understanding of how investment decisions are made, what securities to invest in, how they fit in a portfolio, the impact of transaction costs, the risks associated with investing and performance evaluation of the investment process. This unit aims to provide students with an intermediate to advanced level of investment decision making skills which are essential for finance students in their personal and professional lives.
International economics advances student understanding of global markets and positions through theories and analyses of trade, intervention, currencies, current transactions, capital positions and obligations in an interdependent world. Through considerations of international positions and competitiveness the unit develops a framework for understanding of the prospects and challenges facing firms, organisations, institutions and governments active in the international economy and of the wider issues of global progress and stagnation.
This unit presents the basic concepts of game theory and its application to economic phenomena, focussing on how individuals and firms deal with uncertainty and situations involving strategic interactions. The theoretical concepts are illustrated with applications from both the private and public sectors. Contents include the economics of uncertainty and information, asymmetric information, auctions, bargaining, strategy and voting and evolutionary game theory.
This unit develops and extends the knowledge and skills fundamental to the financial management of an organisation introduced in EFB210 Finance 1. Topics examined include: working capital management, capital investment decisions (including: estimation of required rates of return, sensitivity and scenario analysis, and the valuation of real options), issuance of corporate securities and capital structure, payout policy, mergers and acquisitions, and financial restructuring.
This unit develops knowledge and skills required to identify, measure and hedge the risks associated with an exposure to financial securities. It also develops knowledge of a variety of derivative contracts with a specific focus on how these securities are priced and how they are used to manage and hedge risk. Topics in risk management include: understanding risk, measuring risk, managing risk and exploring the value of risk management. Subsequent topics on derivatives include: the pricing and use of forwards, futures, swaps and options contracts.
This unit expands on material introduced in EFN406 Managerial Finance. Its objective is to examine the key decisions made by corporate financial managers including investment, financing and dividend decisions. Topics include: the financing decision and capital structure; debt versus equity; lease versus debt; the dividend decision and dividends versus capital gains; franked versus unfranked income; firm valuation; the free cash flow model; evaluation of takeovers; risk, return and diversification; the CAPM model, its practical application and its relationship to the efficient market hypothesis; forwards, futures, options; risk management using financial derivatives, and real options.
This unit extends the knowleldge and skills students have gained in prior units by exploring the influences, issues and challenges of the international environment. Students will investigate financial management issues arising in international settings and develop problem solving and decision making skills essential for financial practice. This unit introduces the theory and practice of international finance, the relationship between domestic and international financial markets, international parity conditions and arbitrage, foreign exchange risk management, country and political risk management, international trade finance, international portfolio investment, multinational cost of capital and capital structure, international capital budgeting and foreign direct investment.
This unit focuses on the theories and techniques found in security analysis and investment management. It develops essential theoretical and practice-based knowledge and skills, including research, analysis and technical skills required for project valuation.
The aim of the unit is to develop students' critical thinking skills and to help them see issues from a range of viewpoints and perspectives. Additionally, the unit aims to develop students' research, reflection and technical skills through the delivery of a large scale academic style portfolio that reflects their transition from theory to strategy and trading and reflection. The unit is NOT designed to be taken as a traditional book learned class. Reading and knowledge is gained from many sources including case studies, books, jounals and newspapers.
This unit provides students with an introduction to investment knowledge and skills, providing an understanding of financial markets, investment vehicles, investment strategies, risk and returns from investing. Portfolio theory, asset and liability management and securities analysis are also addressed, with an aim of providing students of finance and financial planning with a sound foundation of investments knowledge that may be built upon in later units.
The unit covers the main areas of modern risk management. The focus is on measuring risks in financial institutions. Particular attention is paid to developing understanding of the analytical techniques prescribed by the BIS Accord II. Topics covered include market risk, credit risk and operational risk.
Topics in this unit include: capital investment analysis, the NPV rule, adjusted present value, replacement decisions, retirement decisions, unequal lives, optimal life, cost of capital, estimating beta, capital rationing, valuation of new issues, mergers and takeovers, analysis of financial and leverage leases, the impact of recent taxation changes on the financing, dividend and investment decisions of the firm, capital budgeting in an international context, access or infrastructure pricing, and real options. The course includes a series of case studies, problems and exercises, which require the student to apply the theory they have learned, to practical situations not covered in normal undergraduate courses. A basic understanding of spreadsheets is assumed.
This unit provides students with an advanced understanding of risk management and insurance as they pertain to financial planning. Emphasis is placed on developing students' skills in problem solving through research and analysis of complex client problems related to insurance and risk management, and on providing the resulting financial advice to clients.
Understanding how people behave in the workplace is a key element for organisational effectiveness. This unit introduces you to a range of perspectives in understanding human behaviour and its context within organisations. The unit focuses on understanding individual differences as the basis for managing self, others and change in the workplace by applying organisational behaviour theories.
This unit will develop your skills in understanding the effects of both domestic and international legal environments relating to employment relationships. This is important for developing practical, workable business strategies and HRM interventions.
This unit extends general management approaches to the production operations subsystems of service and manufacturing organisations. The unit focuses on the deployment of productive resources in order to maximise the added value of services and products. Issues of quality and efficiency are considered analytically in terms of broader strategies and constraints. It considers the opportunities that new technology brings to operational strategies in both manufacturing and service. Project management principles are considered in relation to resource deployment and continuous improvement.
This unit provides a broad overview of the role and functions of human resource management (HRM) and demonstrates how managers use HR functions to drive strategy and achieve strategic goals. It will also focus on the development of key analytic skills for HR managers.
The course develops students' abilities to identify and resolve problems in cross-cultural communication or negotiation situations where cultural differences have created misunderstandings or undesirable or unexpected outcomes. It first explores the concept of 'national culture' by considering the work of major theorists of cultural value dimensions. Students are encouraged to analyse communication/negotiation process issues in terms of these value dimensions and to practise managing the process of communication/negotiation to improve their outcomes.
This unit focuses on managing innovation, knowledge and creativity within organisations and how to build innovative capabilities. It explores the links between innovation, knowledge and creativity and addresses challenges and opportunities related to managing innovation. Students study strategies and approaches used in public and private organisations for fostering innovation and creativity. The unit develops critical thinking skills and provides opportunities for students to advance their innovation capacities.
Entrepreneurial capability is rapidly becoming an expectation for university graduates, with students bringing their own unique skills and perspectives to new opportunities.This unit is designed to provide an authentic mix of thinking, acting and reflecting through which students can be entrepreneurial. Upon completion of this unit, students will have developed a sound understanding of key theories of entrepreneurship and an appreciation of their ability to use such theories in the pursuit of value creation.
This unit represents an opportunity for students to gain knowledge and skills relating to the complex issue of employing people. Organisations today operate in an environment where social, economic, legal and political forces all impact on how they employ people. Knowledge of the institutions, parties and processes that affect how people can be employed are essential for human resource professionals. Student learning progresses elements of the employment relationship to the role of contracts, agreements, awards and other forms of employment. The unit covers obligations for employers and options for employing people (and ending employment) in different contexts. Ethics and equity are fundamental to employment practices. The unit's learning and practical applicability are reinforced though the use of real world examples and exercises.
This unit provides an understanding of how organisations acquire its most important assets: its people. The link between organisational strategy and recruitment and selection is emphasised. It will examine theories and evidence related to effective techniques for recruitment and selection. For each technique, we will be discussing its effectiveness in terms of validity and reliability. It enables students to develop a tailored recruitment and selection package for a range of organisational settings.
Organisations must be able to change, innovate and adapt to meet the challenges of the 21st Century. Principle among these are changing expectations around sustainability and social responsibility. This unit emphases the competencies, knowledge, tools and strategies required to sucessfully and sustainably manage this change and meet shifting legal and social expectations. It also provides students with a broad understanding of current sustainability issues as they relate to managerial decisions in all aspects of organisational activities.
This unit is designed to provide skills in the analysis, solutions and implementation of the general management issues that business owners have to manage in their growing operations. The unit brings together the different functional aspects of managing growing business ventures and how they are best managed from the owner's (general manager's) point of view. It also provides opportunity to bring students into contact with real world business owners and their venture management issues.
This unit represents an opportunity for students to further develop their human resources knowledge and skills. It particularly focuses on identifying and meeting the learning and development needs organisations and employees face in our rapidly changing environment. Student learning progresses from how to conduct an environmental scan to identifying and implementing resultant learning and development interventions. In keeping with current practice, ethics, equity, sustainability and globalisation considerations are explored and integrated. Mirroring real world situations, students work both in groups and individually using teamwork skills to produce effective and efficient interventions. The upshot of the unit is that students will leave empowered with a practical yet theoretically valid toolkit ready for real world implementation.
This unit develops knowledge in the areas relating to effective management of projects (as distinct processes). This knowledge is gained by focusing on the central issues of project selection, planning, implementation, control and evaluation. Case study projects are used throughout the unit from various industry sectors. The unit seeks to develop the technical skills (tools and techniques) as well as the people (behavioural) skills needed for effective management of projects.
MGB338 Workplace Learning provides work integrated learning experiences for undergraduate students majoring in human resource management (HRM) or management. The unit provides framework and support for students to learn and reflect through internships and projects with approved industry and community partners, through authentic activities that are planned and assessed.
This unit provides you with an advanced understanding of two core HRM functions: performance management and reward management. It builds on two distinct yet complementary theoretical perspectives: strategic HRM and organisational behaviour. Through these two theoretical lenses, student learning progress from analysing and developing a strategic intervention proposal to solve real-world performance issues. Mirroring real-world situations, students will also work on a computer-based simulation, in which they go through and document a performance management process. Learning is further enhanced through self-reflection on the simulation experience.
Australia is situated in the fastest growing region in the world - the Asia-Pacific rim. The aim of this unit is to meet the needs of future business professionals working internationally and particularly within the Asia-Pacific region, to understand the nature of this region's business environment.
Identifying, analysing, treating and learning from disturbances that can harm an organisation are valuable skills for managers who make decisions that influence employee behaviours, organisational perforamance, and the long-term sustainability and growth of their organisation. By developing a practical understanding of contemporary risk management models, this unit aims to develop students' competencies in applying current risk management models to improve decision making in managing risk. Students will explore real world cases that showcase a range of approaches to managing risk, with an emphasis on developing consistently reliable outcomes for organisations, even under extreme operating conditions, uncertainty, and crisis. Assessment tasks require students to apply international (ISO:31000) and national (AS/NZS:5050) risk standards to real world cases, and develop risk communication strategies that are consistent with current industry and government risk management practices. Students are given the opportunity to gain insight from practitioners through in-class discussions and crisis simulations designed by industry partners.
Strategic HRD provides a theoretical and practical framework for planning and implementing HRD within today's organisations. It examines the critical theoretical approaches underpinning learning and skills development and relates these in a practical way to the HRD challenges faced by organisations. This unit also provides exposure to contemporary international HRD ideas and practices to develop an understanding of the contribution of HRD to the broader economic context.
Managing High-Performance Organisations focuses on the integration and synthesis of the knowledge, skills and understanding students have gained across their programme of study. The unit is designed to integrate the dicipline-based learning and skills from Management, from HR Management, and from Organisational Behaviour, to address the needs of human capital and organisational capability in managing the high performance organisation. It also aims to develop student learning in advanced level business conceptual frameworks and high level impact of people management with business success and performance.
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