QUT has a leading international business school. We take a real-world learning and teaching approach, delivered by experts of the industry, that places us within the top 1% of business schools worldwide and the first in Australia to be accredited by all three of the world's leading accreditation bodies (triple crown accreditation).
Units you can study
Choose from the undergraduate or postgraduate options on offer across a range of business disciplines. As long as you meet the prerequisites, you can choose subjects from any of our discipline areas 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.
- Postgraduate students can't 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.
All students can study these units, regardless of your academic background. These units will be approved on your QUT study plan after you apply.
The rise of the Internet and the rapid development of technological applications is changing the way in which business is being conducted, how fraud is occurring, and, consequently, how forensic accountants investigate and analyse digital data. This unit introduces students to a variety of technological developments and their forensics and analytics implications, along with technical investigative approaches for monitoring and assessing potential fraud. In addition, students will be able to recognise the new data risks and governance issues facing organisations in the digital age. This insight will assist students to develop both theoretical and practical knowledge by understanding how digital technologies and data are being used to investigate fraud and create business intelligence. This unit is a foundation of the Forensics second major and Forensics and Data Analytics minor and will equip students with up-to-date tools and techniques used in forensic investigation.
The role of a forensic accountant involves many different tasks including profiling, interviewing, expert witness work and risk management. 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. Governance issues have an increasingly large impact on business due to the electronic and global nature of business operations. Therefore, an understanding of how IT governance assists forensic accountants in their risk management role, particularly in relation to fraud detection and prevention, is particularly important. From a legal perspective, understanding criminal and civil jurisdictions, gathering evidence, interviewing suspects, knowledge of evidentiary rules and the expert witness role is essential knowledge for those wishing to enter the forensic accounting profession
All firms need to prepare financial statements at least annually. AYN416 provides a comprehensive introduction to financial accounting processes from both a practical and theoretical viewpoint. Being the first accounting unit in the Master of Business (Professional Accounting) AYN416 also provides the foundation for studies in all the other accounting related units in the degree course particularly AYN417 Corporate Accounting and AYN418 Advanced Financial Accounting.
As business and financial markets have become increasingly globalised, the significance of the differences in international accounting policies and disclosure and reporting practices, has become more important, especially from the perspective of managers, financial analysts and other users of financial statements. 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. This unit provides you with an understanding of the unique financial accounting and reporting, taxation and corporate governance issues associated with global business operations including issues related to the political lobbying activities of both accounting standards and standard-setters. It will assist you to develop the skills necessary to analyse, compare, contrast, and report on the performance levels of global corporations.
As many business decisions involve consideration of business and corporate law, postgraduates with an accountancy degree should possess a functional understanding of Australia's legal system. Knowledge of business and company law will equip them with skills for professional practice as well as enhance their capacity to navigate increasingly complex business landscapes. This unit introduces students to Australia's legal environment, developing students' knowledge and understanding of core principles of law while also introducing basic research and analysis skills essential to effective decision in this space.
This unit is designed for students intending to pursue professional careers in business, particularly accounting or financial planning, and introduces 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. Practical considerations regarding how to develop effective non-verbal and verbal communication skills with clients and other stakeholders are also of continuing importance in professional contexts and are explored in this unit.
Understand the skills, behaviours and attitudes required to work effectively with people from different cultural backgrounds, and develop practical strategies to interpret difference and respond appropriately in culturally diverse situations. Our increasingly globalised workplaces need graduates with awareness, understanding, sensitivity to, and an ability to deal with cultural diversity. The knowledge and skills developed in this unit are particularly valuable for a range of international exchange students: those planning an outbound program and those already inbound, for shorter programs or full degrees at QUT. Students with an interest in intercultural communication and those who are learning or have learned a second language will also benefit from this unit.
A fundamental component of effective and successful marketing activity is an understanding of consumers, their needs and behaviours. Studying the behaviour of consumers in a wide range of situations and circumstances provides marketers with clear guidelines for the development of marketing strategy. This unit provides the foundation theories for the marketing major.
Trade in services, importing and exporting, countertrade and e-commerce has become fundamental to the survival and growth of many businesses in Australia as well as in other economies. International business students need a good knowledge and understanding of the many challenges entailed in international trade transactions. The management of trade strategies and practices is an applied, technical and evolving area of international business operations that reflects the dynamic nature of trans-national trade in the global economy.
AMB263 Introduction to Public Relations answers three important questions: what is public relations, why we do it, and how we do it? It introduces the key concepts of public relations, and lays a foundation for subsequent study in the discipline. It integrates the idea of the role and influence of publics and the role of public relations in managing these demands on a range of organisations. The unit also shows students the range of potential careers available in the public relations industry. If you are undertaking a public relations major, AMB263 Introduction to Public Relations should be the first public relations unit you study. This unit may be taken concurrently with AMB264 Media Relations and Publicity especially by students undertaking the public relations major. It may also be taken by those students undertaking a public relations 'minor', or as a stand alone unit.
AMB264 Media Relations and Publicity introduces you to the tools and techniques you will need to maximise the chances of getting positive organisational stories in the media (legacy and social). AMB264 Media Relations and Publicity looks at how to develop effective key messages that you can use in creating powerful organisational stories; and how to use different media – including online channels – to convey them to audiences to achieve impact for organisations. There is an emphasis on understanding what makes news, and developing the skills needed to work successfully with the media.
As marketers work to develop more effective strategies to attract, reach and maintain their customers, the need to understand how consumers are influenced by both internal and external factors is integral to strategy formulation. The managerial importance of consumer behaviour stems from the marketing concept, so as consumers and their needs become the focus of the business; consumer behaviour forms the cornerstone of marketing strategy.
This unit represents a new way of thinking about IMC. Driven by the idea that everything is digital, this unit enhances traditional concepts of integration and synergy with new touchpoints of communication and new tools of measurement to deliver and optimise the ultimate customer experience.
Examine how market research is used to enhance management decision making. The key to an organisation achieving business goals necessitates being more effective than competitors in creating, communicating and delivering value to customers. This means market decisions must be made with stakeholders in mind. Therefore managers are reliant on information about customers, non-customers, competitors and the operating environment. Learn how to develop a research design that would enable data collection and analysis to address real world management decision problems.
This unit is an important introduction to the management of successful advertising campaigns. Unless the advertising is based on research, well planned and has a strong strategic focus, the campaign will not be successful - regardless of how good the creative is or how effective the media is planned. Therefore, advertising management is the keystone of successful advertising. This makes this unit of vital importance to all who study advertising or marketing communication.
This unit explores theory and practice of advertising message planning and creation for print, broadcast and digital media. Insight and strategy underpin creative and provides direction for ideation and the benchmark for evaluation. Therefore, an examination of insight, strategy, ideation and execution is essential to effective and creative advertising.
This course spans all the marketing communication disciplines and the practice of advertising, public relations and marketing to deliver a holistic approach to digital strategy. It introduces students to new digital skills that reflect the cutting edge of industry practice and important analytic understanding for decision-making. This unit satisfies the growing demand from industry for strategic thinking and planning, and the expectation of strong digital skills and a desire for innovation.
This unit provides an introduction to the logistics functions that allow the planning, procurement, production, movement, distribution and positioning of goods and services for international business. The focus on supply chain management emphasises the requirement of integration of international business activities, and the necessary collaboration between firms to manage not simply the movement and positioning of inventory, but also the management of information, finance, data and knowledge across borders.
International markets are becoming increasingly competitive as globalisation, technology changes and distribution changes influence the flows of goods and services. Recognising this criticality, this advanced unit builds on strategic knowledge and skills developed in earlier units, extending students’ ability to apply business and marketing principles, theories and frameworks to key issues in the contemporary international landscape. 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, develop and practice their critical thinking, data analysis, and decision making skills, and craft and defend their judgements to make effective contributions to marketing strategy informed by environmental, cultural and ethical understanding.
In a globalised world, workplaces are increasingly filled with a diverse range of people from different nationalities, ethnicities, and cultural backgrounds. Diverse perspectives create more effective outcomes, yet can also cause misunderstanding, frustration, poor team performance, unintentional offense and lack of trust. This unit introduces Cultural Intelligence (CQ) – the ability to adapt, relate and work effectively with teams across cultures. In this unit students will develop an understanding of the key aspects of CQ by engaging with theoretical frameworks for interpreting differences in cultural behaviour in conjunction with developing skills which can help in responding appropriately and effectively to culturally diverse situations. This unit will be of value to students seeking global careers and those currently working in multicultural team environments.
The need for innovation in products and services to compete effectively in a global economy is a core driver of organisational strategy. Digital innovation alone can deliver $315 billion in gross economic value to Australia over the next decade (Data61 2018). This unit combines both the theory and practice of innovation and uses a service design process to show students how to develop new products.
In this unit, you will learn how marketing can be used strategically to bring about revolutionary social change to tackle social problems such as climate change, racism, obesity, and gender inequality. The unit focuses on social marketing - a strategic approach utilising marketing concepts alongside approaches to influence behaviours, practices and social outcomes that benefit individuals and communities for the greater social good. The unit advances the principles, concepts, theory and application of social marketing, explaining how strategic, critical, and systems thinking, the use of theory and research insight, the application of segmentation, designing and planning, and the social marketing intervention mix can be used to create value and help solve social problems, bringing about revolution to change the world. You will explore and critically analyse real world social problems and develop innovative and creative solutions using social marketing frameworks.
This unit looks at how organisations use storytelling in owned, shared, and earned media. You will learn how traditional, digital, and social media play an important role in responding to, and influencing, public opinion surrounding organisations, their issues, and reputations. You will develop a storytelling strategy and portfolio of material to respond to the needs of a real-world organisation. There is a strong focus on media writing.
This unit introduces students to communication engagement, a key practice area of public relations. AMN462 investigates the theoretical foundations of contemporary strategies to inform research, planning, and implementation. Stakeholders (i.e., organisations, local community and government) have their own agendas and expectations of the processes and outcomes of these strategies. Effective engagement practitioners identify these expectations and facilitate communication, interaction, participation and dialogue to address questions of authenticity and voice. In this unit, students will develop the skills and knowledge needed to help organisations identify stakeholder expectations, develop and implement appropriate engagement programs, and evaluate engagement strategies within a framework of ethical practice. AMN462 aims to prepare students to help organisations plan for, implement, and evaluate the communication engagement strategies.
AMN465 Public Relations Foundations introduces students to public relations as a management function in contemporary organisations. Public relations is based on the management of relationships between organisations and the groups or individuals on whom their success or failure depends. This unit lays the foundation for students to begin to explore the nature of such relationships, and the tools, theories and strategies which may be deployed to successfully manage relationships between organisations and their publics.
Public Relations Campaigns builds on introductory units in postgraduate public relations study. In the unit, students explore both strategic and tactical aspects of public relations campaigns, including the relevant theories driving campaign development, delivery, and evaluation.
AMN468 is delivered in both internal and external modes. The external offering of this unit is only available to domestic students admitted to the BS16 Master of Business, BS17 Master of Business (Advanced), BS18 Master of Business/Master of Business courses and the BS39 Graduate Certificate in Business.Organisations face increasing uncertainty in their business environments. Understanding how to prepare for issues and crises are essential components to making communication decisions and mitigating further risk. Issues and crisis management encompass all professions and AMN468 will integrate a range of action strategies with a focus on communication approaches.
Cost Benefit Analysis (CBA) is a key technique used to appraise the relative desirability of competing alternative uses of limited resources. CBA supports decision making with respect to investment alternatives across a range of industries in the public and private sector. CBA has been used intensively in investment projects, socio-economic programmes and policies. The unit provides students with foundational knowledge and basic skills of CBA.
This unit introduces students to the institutional elements of global financial markets, and the role and reality of financial markets as an integral part of the economy and of social and political structures. Topics explored in this unit 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. Students will practise key skills of critical exploration and analysis in considering the role of finance theories and models to help understand key financial market events within broader social, economic and political contexts. Students will continue to develop and apply these foundational insights and critical thinking skills in subsequent finance units.
This unit introduces the fundamental concepts, theories and skills of financial management and how these are applied to solve problems associated with the decisions of financial managers. This is essential knowledge for financial decision makers. Topics covered include: 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 and Internal Rate of Return; introduction to risk and uncertainty using the Capital Asset Pricing Model and Weighted Average Cost of Capital concept and risk management. Because of its fundamental nature, this unit is a prerequisite for more advanced units within the finance, accountancy and financial planning study areas, and content studied in this unit forms part of the knowledge and skills required for students seeking professional accountancy accreditation.
Doing business internationally increases the range and risks of financial transactions that must be managed within the firm. Managers making decisions involving international trade and investment need to be aware of the nature and extent of the risks involved and to be knowledgeable aboout fundamental financial skills used to measure and manage these risks. This unit builds on the skills developed in primary units of the International Business major and provides a firm base for developing financially sustainable international business strategies in later units.
The economic framework in this introductory unit provides students with a broad understanding of the economic forces that impact business and government, equipping them with knowledge, technical and problem solving skills that they will continue to develop and apply in later units where more complex situations and issues are explored. The unit provides an introduction to both microeconomic and macroeconomic key concepts.
This is an introductory unit complementary to EFN425 and EFN420. 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. Subsequent units in this course will build on the knowledge introduced in this unit.
The field of finance is broad and dynamic. It directly affects the lives of every person and every organisation, financial or non-financial, private or public, large or small, profit-maximising or not-for-profit. In order to make optimal financial decisions, some basic financial skills are necessary. This unit introduces students to key knowledge and skills necessary for financial managers functioning in an increasingly complex and demanding environment. Subsequent units will build on and extend the knowledge and skills gained in this unit.
To make sound business decisions managers must understand the forces that shape the economic environment and their decision making should, where appropriate, use relevant data analysis. This unit provides the analytical framework needed to understand how market conditions are determined at the micro and macro levels and how market conditions affect business performance. It also provides an essential grounding in statistical literacy and an introduction to basic techniques and concepts in the statistical treatment and analysis of data relevant to the business environment.
This unit provides a strategic overview of resource allocation, funding and economic evaluation in the health and health care markets, which is fundamental knowledge for health managers and those aspiring to work in health policy roles. The management of resources, whether they are financial, material or human, are critical elements of the role of a health service manager.
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. Subsequent units in this course build on and integrate the foundational knowledge and skills introduced in this unit.
This unit introduces students to current concepts and practical applications of behavioural economics. Students will learn about and critically apply foundational tools of thought and exploration used in the behavioural economics approach to real-world contexts and problems. It provides a framework incorporating rationality, the psychology of thinking, emotions, heuristics, the brain, and (cultural) evolution, through which human nature and decision-making in organisations may be decoded.
Building Big builds on the construction fundamentals covered in the unit UXB110 Residential Construction and further develops these concepts and applies them to the industrial property, retail centres, high rise commercial and high rise residential property. The unit provides the construction and design background that defines good quality building materials, design, layout and construction. These concepts will provide the basis for the understanding of how construction type and quality are reflected in the market demand and value of these property types from a development, valuation and investment perspective.
In addition to the basic functions of management, the changing nature of managerial work emphasises the importance of facilitating, developing and integrating the organisation's human, physical and other resources. This unit examines current approaches to managing and leading; and the challenges of managing contemporary organisations amid discontinuous change.
The rationale for this unit stems from the theoretical and practical dimensions of the relationship between employers and employees. The broad focus is on the employment relationship, the organisation of work and relevant management strategies. The unit also analyses the context of labour - management relations, particularly industrial relations institutions and labour markets. The unit will examine legislative, economic, political social and cultural perspectives on work and work organisations. The unit will explore socially responsible approaches in employment relations and the design of work and the inequalities of current structures.
When leading through change it is critical that leaders understand the factors that influence the thoughts, feelings, motivations and actions of themselves and others in the workplace. In this unit students will explore tools necessary to build capabilities to effectively manage change. Students will engage topics related to understanding self and others, organisational contexts and cultural perspectives, and leading change ethically through disruption. Learning in this unit will assist students in developing paradoxical thinking needed to effectively deal with competing priorities in organisations.
This unit examines the contribution of human resource management to sustainable competitive advantage and organisational effectiveness. HRM is considered from stakeholder, strategic and functional perspectives. The unit fosters discipline knowledge, analytical and action orientated competencies and prepares students for advanced study in the field. This unit will provide you with an understanding of the interplay between organisational effectiveness, long-term sustainability, and the management and organisation of people in the workplace. This unit is the foundation unit in HRM in the MBus (HRM) and related courses. It overviews the profession of HRM and the practice of the HR Professional in the organisation.
This unit introduces the processes of entrepreneurship and intrapreneurship, while guiding students along the pathway to discovering their entrepreneurial-selves as they gain hands-on experience with the process. The unit is designed for a broad audience, including managers, human resource managers, business people, professionals in IT, industrial design and engineering graduates, advisors to business start-ups, and those wanting to pursue opportunities for new and existing ventures. In this unit you will develop entrepreneurial thinking and mindset, being able to explore and exploit recognised opportunities. The unit will cover fundamental elements of new venture creation, such as opportunity discovery, feasibility assessment, and social impact through reflective practice.
In today's contemporary business environment, professionals need to be empowered to manage their own development and growth. Rather than relying on an organisation or manager to make organisational life meaningful and effective, positive self-leadership training is focused on how an individual can foster change in his or her own personal and work life. Therefore the Self-leadership unit is focused on you and your professional development, and will require you to evaluate and reflect upon your leadership capability, including gathering feedback from others in order to generate an action plan for personal growth and change.
Business professionals need to be able to operate effectively in different regions of the global economy. The business environments within Asia have significant shared features as a consequence of both past and recent political, economic and social developments but have been experienced differentially. The substantial size and global impact of the Asian economy demands that anyone pursuing a career in business or public policy pertaining to business should develop a thorough understanding of the Asian business environment. This unit exists to inform future business professionals about business environments, how to identify risks and, from a hands-on perspective, learn best practices to address such risks within countries of this region.
Students entering the program, particularly those entering with a non-business background or non-international business background, need a grounding in how the conduct of business operating in the global economy is distinct from that of domestic business. The additional complexity of international business operations is both one of degree as well as one of context. Business must operate in diverse foreign environments and engage in specialised types of transactions. To succeed in international business requires functional understanding of the threats and opportunities arising from the diversity of markets and the growth of globalisation, the nature and role of business operations in the international value chain and the management and control of international business operations.
In the contemporary global business environment, negotiators who understand how culture affects negotiating processes and outcomes have a decided advantage at the bargaining table. The purpose of this unit is to help you understand and apply the theory and processes of negotiation.
Changes in our demographic and social circumstances, technological shifts and economic globalisation are radically reshaping the business landscape. These pressures have made attracting, retaining, and engaging talented employees a strategic priority for many organisations. These shifts have, however, outstripped the adaptive capacity of traditional workforce planning methods and led to an increased use of technology to attract key talent. Talent management provides an alternative by focusing on configuring and tailoring HR systems for specific talent pools. It involves the systematic identification of talent which differentially contribute to the organisation's sustainable competitive advantage, and then developing and implementing talent differentiation plans. Crucial components of these differentiated talent plans are effective, valid, evidence based, equitable, and tailored recruitment and selection, and performance and reward strategies.
The unit focuses on developing the skills necessary to define and design a proposal to address a real-world business issue. Adopting a systematic approach to defining and designing a business project, the unit offers students the opportunity to develop the research in practice skills necessary to address the real-world business issue. Students will learn how to convert business issues into an actionable project proposal and develop and apply research informed skills to communicate actionable socially responsible solutions.
The digital revolution has changed business practices and enabled access to a range of data, which can support business decisions, help businesses better understand their customers, and improve performance. The value of data can only be realised when it is translated into meaningful information, which provides a basis for informed decision-making. In this unit you will extend your foundational understanding of business intelligence to learn how to extract value from complex datasets. Through exposure to theoretical frameworks and hands-on application, you will gain skills to address contemporary issues facing organisations as they leverage data for decision-making (e.g., how to deal with misinformation), design algorithms and deploy artificial intelligence (e.g., ethical considerations), and craft data-driven business strategies (e.g., the economics of information markets). You will learn how to incorporate evidence-driven decision-making at all levels of the organisation.
The unit introduces the students to the field of entrepreneurship research and the problems, theories and methods that are prevalent in entrepreneurship research. Students learn to 'know the field' including its contemporary research questions and approaches as well as its history and 'infrastructure' of journals, conferences and research centres. The student 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. Entrepreneurship is a very important social phenomenon and a rapidly growing area of academic research and teaching. Therefore, all research students in business and economics benefit from a thorough orientation in this area. For research students specializing in entrepreneurship the unit is indispensable.
This unit is designed to familiarise students with significant current and future issues affecting the management of Human Resources in organisations. The focus on contemporary trends and issues impacting and influencing Human Resource Management (HRM) are relevant to not only HRM majors but also any current or future manager to understand how to anticipate how work might be managed best in the future. This unit teaches students how to use multisource data in an HR context to inform decision making and intervention design around contemporary issues. Connecting theory with practice the unit begins with an overview of current issues impacting on HRM which students then research. Consequently, the unit content may vary each semester according to which issues are identified as significant at the time.
This unit provides you with opportunities to build individual and team based knowledge in project management, and practice your skills in a group acting as consultants designing a program of change to meet stakeholder requirements and offering appropriate recommendations to your client to achieve performance improvement through the management of change. The unit prepares you for developing your own projects of work and for undertaking the capstone unit.
This is a developmental level unit which supports students to understand how coaching can contribute to leadership development and begin to develop coaching skills. Coaching has emerged as a popular and powerful intervention for improving the performance and satisfaction of individual leaders. More recently, its use has expanded into a number of related organisational interventions and Human resource professionals are often responsible for making decisions about the way in which coaching is used in organisations, particularly in relation to leadership development. Leaders within organisations are also increasingly involved in coaching staff. This unit will equip you with an understanding of the relationships between coaching, leadership development and an organisational coaching culture and begin to develop your skills as a coach.
This unit is aimed at building on your understanding of HR strategies and practices gained in other postgraduate HRM Units, therefore it is expected you undertake this in your final year. The unit bridges the gap between HRM research and practice by requiring you to apply scholarly research and theory to case studies based on real world workforce issues. In this unit you will be required to use relevant technologies, analyse HR data and use previously acquired knowledge of HR theory and practice to address a series of strategic HRM issues and provide practical advice for business leaders. Finally, the unit focusses on you as an HR professional and the role you play in providing ethical HR leadership to support decent work within organisations.
Technological shifts, social change, uncertain economic conditions, and the emergence of new business models have created a highly competitive and dynamic business environment. In this new era, the effective management of change has become essential for sustained organisational success and has become an essential competency for management professionals. In this unit you will explore the complexities of change management, develop practical competencies in planning organisational change and the use of change management technologies. Upon completion of this unit, you will be equipped with practical tools and road maps for managing organisational change.
Entrepreneurial leadership has become a standard skill of successful managers. Entrepreneurship is the identification and evaluation of new opportunities, which lead to the creation of new ventures as well as the growth of existing businesses. This unit is designed to equip students with state-of-the-art techniques developed by leading universities, innovators, and entrepreneurs. This allows them to pursue high-impact entrepreneurship focusing on social value and sustainable development.
Units requiring approval
Students need specific academic background knowledge to study these units, so the QUT Business School will assess your eligibility and determine if you’re able to take these units after you apply. We will let you know the outcome through the application portal as soon as possible.
External financial reports are a legal requirement for companies under the Australian Corporations Act and provide decision-useful information for interested users. Therefore, it is a requirement for accountants working in industry to know and understand: accounting concepts and procedures; specific technical accounting and legal requirements; and, general professional and ethical concepts. These are required in order to be able to prepare, present and explain external financial reports for users. Similarly, this knowledge and skill is a requirement for auditors who perform audits and reviews of external financial reports.
Under Australian law, both individuals and businesses may organise their affairs through various types of business structures. Each structure has characteristics that differ and each structure affects the nature of their responsibilities, obligations, internal and external relationships. Accountants are often called upon to audit, advise and assist clients with their business endeavours and are required to understand the attributes of such business structures and the laws and regulations that affect them.
As many business decisions involve a consideration of the taxation implications, Accountancy graduates should possess a basic knowledge of the Australian taxation system so that they can develop skills required for professional practice. The purpose of this unit is to enable students to develop an understanding of the basic fundamentals of taxation. AYB219 Taxation Law is a prerequisite for AYB320 Advanced Taxation Law.
Accounting information systems are an essential element of any business. An appreciation of accounting in a modern electronic environment, how accounting systems are designed and how analytics can be applied in accounting, are therefore crucial to the study of real world accounting systems. This unit builds on the knowledge attained in the prerequisite subjects and applies it to accounting information systems environment.
Management accounting is the sourcing, analysis and communication of decision-relevant information - both financial and non-financial – used by firms to generate value and maintain a competitive advantage. Accordingly, all firms, regardless of industry type or size, make use of a range of management accounting practices. Accountants need to know about these concepts and techniques used by firms to allocate costs to products or services; plan, control and measure performance; and be able to identify and provide management with relevant information to inform their decision making.
As business and financial markets have become increasingly globalised, the significance of the differences in international, financial accounting policies and disclosure and reporting practices, have become more important, especially from the perspective of management, financial analysts and other users of financial statements including trillion dollar pension/superannuation funds. For these key interest groups, it is vital not only to be aware of international differences in financial accounting policies and practices, but also to be able to assess their impact on earnings and assets and key performance indicators and ratios, for example, return on assets. Additional key issues in globalised business operations relate to an understanding and appreciation of cultural diversity issues and the global trends in foreign currency transactions and hedging, global corporate sustainability, international taxation and international audit.
Individuals and businesses may organise their affairs through various legal structures. One of the most common ways to organise a business structure is through incorporation. Accordingly, accountants should have a detailed knowledge about corporations as a particular type of business structure.
This course is developed for students who will be, or intend to embark on careers as, financial advisors and planners, accountants, auditors, business analysts and stockbrokers. It is designed to aid the students' understanding of the regulatory fundamentals and the key provisions of the law and regulations relating to corporate securities and financial services.
Mandatory superannuation savings under the Australian retirement incomes policy have seen the superannuation industry grow to over $2.3 trillion, with almost all workers now having superannuation benefits. Expansion of superannuation fund and investment choice has also increasingly shifted investment decision-making to superannuation fund members. Superannuation has become an almost universal benefit affecting virtually every business and employee. However, the superannuation system is complex and subject to a broad range of regulation governing all facets of the operations of the superannuation industry. This unit introduces students to the Australian superannuation system and the regulatory framework under which it operates. Knowledge and understanding of superannuation is important to financial planning, accounting graduates, particularly if they will be involved with the superannuation advice to clients or employers, administration or auditing of superannuation funds.
With the increasing complexity of taxation laws, the ageing population and the focus on self-reliance in retirement, individuals expect their financial advisers to be professionally equipped to assist them in effective investment and risk management and also with complex retirement planning strategies. As a result, many professional accounting firms, banks and independent financial advise firms now offer financial planning services as part and parcel of the services they are offering to their individual clients. QUT graduates who have acquired skills and knowledge in this area will have a definite competitive advantage when seeking financial planning related employment.
Audit and Assurance is a third year unit, which is included in the degree program to enable 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 computerised information systems (CIS) 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 and ethical requirements) which leads to the auditor providing an opinion on the truth and fairness of financial reports of various types of entities.
This unit extends the knowledge acquired in earlier accounting units to examine accounting theories and reporting practices adopted in the financial statements of reporting entities and publicly listed companies 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 explores the different governance models of corporations and relates them to their financial reporting environment. 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 also analyses key issues of debate in the international arena.
As many business decisions involve a consideration of the taxation implications, accountancy graduates should possess knowledge of the Australian taxation system so that they can develop skills required for professional practice. The purpose of this unit is to enhance student's understanding of taxation concepts by extending the basic fundamental principles learned in AYB219 Taxation Law and exploring advanced taxation concepts in more depth.
This unit develops a holistic view of organisations, strategy and management accounting, providing an in-depth understanding of management accounting tools and techniques 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. The unit examines contemporary issues in management accounting and considers the skills and competences that management accountants should develop to stay competitive as value-adding members of management teams. Students will explore the dynamism of contemporary management accounting techniques and practices, ensuring they can identify problems and apply the analytical skills needed when making decisions within firms. Students are encouraged to step outside their comfort zone and develop the reflective and higher order thinking required of strategic decision makers in an uncertain world.
A large number of entities are companies rather than, for example, sole traders or partnerships. Accordingly, as an accountant, most of the work you will undertake as a practitioner will involve accounting for companies. In this context, accountants are required to interpret and apply accounting standards, and other statutory requirements governing the accounting procedures reflected in the content of a company's financial statements. Accountants are also required to integrate and apply academic accounting knowledge to solving problems that arise in practice. This unit contributes to the knowledge and skills you will need to prepare financial statements for companies. This unit builds on the prerequisite units by applying accounting principles to complex company accounting issues. It also provides a foundation for subsequent units, which develop critical analytical skills through an examination of theoretical accounting issues, accounting regulation and practice.
With the digitisation of information, management have become increasingly reliant on comprehensive and timely data driven reporting as their primary mechanism for capturing and evaluating business performance and for making urgent, strategic, high-risk decisions. This unit provides students with theoretical and practical skills in forensic and business intelligence through the use of SAS and other technologies, to investigate business related data resources to identify fraud, and to support corporate performance and decision making.
This unit will enable students to develop an appreciation of the audit function and to better understand the main aspects of auditing and how it fits into the overall business environment. The unit builds on other accounting units studied as part of the overall course and applies other concepts and techniques previously learned to this specific area.
All firms, regardless of industry type, make use of a range of existing management accounting techniques to accumulate and track the costs of their products or services. These data are used to develop both long-term and short-term plans and strategies which help firms achieve and maintain their competitive advantage. Accordingly, accountants need to know about the costing techniques used by firms, understand cost terminology and cost allocation methods, and be able to identify and provide management with relevant information to inform their decision making.
A large number of entities are companies rather than, for example, sole traders or partnerships. Accordingly, a significant amount of the work you will undertake as a practitioner will involve accounting for companies. In this context, accountants are required to interpret and apply accounting standards, and other statutory requirements governing the accounting procedures reflected in the content of a company's financial reports. Accountants are also required to integrate and apply academic accounting knowledge to solving problems that arise in practice. This unit contributes to the knowledge and skills you will need to prepare financial reports for companies.This unit builds on the prerequisite unit by applying accounting principles to complex company accounting issues. It also provides a foundation for subsequent units, which develop critical analytical skills through an examination of theoretical accounting issues, accounting regulation and practice.
Financial accounting is concerned with communicating information about an entity's financial position and performance to meet the decision making needs of external parties. This unit examines the accounting and reporting practices of reporting entities, particularly listed public companies. Emphasis is placed on developing an understanding of, and the ability to critically evaluate, the various regulatory requirements governing financial reporting. The unit commences with an overview of the financial reporting environment and theories that seek to explain the accounting policy choices of management. This framework provides a basis for examining specific accounting issues with particular emphasis on both the application of specific accounting techniques/rules and the conceptual/theoretical issues associated with alternative accounting methods.
This unit builds on students’ previous knowledge of business and corporations law to introduce 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 unit also provides a brief overview of the taxation of partnerships, trusts and companies, the goods and services tax (GST), and fringe benefits tax (FBT). Emphasis is placed on developing students' practical skills and problem solving through research, analysis and application of taxation legislation.
In this unit, we look at how computers and accounting information systems are used in the modern day business environment. An appreciation of accounting in a computerised environment, how accounting information systems are designed and how application software can be used in accounting, are therefore crucial to the study of real world accounting systems. This unit builds on the knowledge attained in the prerequisite subjects and applies it to an accounting information systems environment.
The unit provides students with an important skill base - both theoretical and practical - in supporting corporate decision making and fraud investigation in a business environment. Management require more than just information to assist them. This unit focuses on providing skills and knowledge in forensic and data analysis/business intelligence 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 Forensic Accounting and Data Analytics are emphasised.
There are many rules and regulations that are required to be addressed in the forensic accounting role. This unit will provide students with the knowledge and skills associated with different types of fraud, as well as regulatory aspects of forensic accounting including the correct way to collect and store evidence, interviewing suspects and witnesses, as well as expert witness obligations and court etiquette. The unit provides students with important theoretical knowledge in supporting clients in a civil and/or criminal forensic investigation.
This unit aims to introduce students to key financial planning processes, concepts, issues, ethics requirements, laws and regulations applicable to financial services in Australia. Introduction to financial planning areas of investments and asset allocations, taxation planning, insurance and risk management, superannuation and retirement planning and statement of advice processes are covered. Responsibilities and obligations for licencees and their representatives are also discussed. This includes requirements pertaining to disclosure obligations for financial products and services, anti-money laundering and counter-terrorism financing (AML & CTF), privacy, statement of advice, and Tax Practitioner Board (TPB) requirements.The foundation knowledge and skills learned in this unit form the basis for further postgraduate study in the financial planning discipline.
The job of the management accountant is to provide business insight to C-suite executives to help them develop a sustainable business. This unit aims to build students’ understanding of the various management control system alternatives used by management accountants to provide information to C-suite executives to help them make strategic decisions and take action. It covers leading-edge analytical tools and reports. The unit provides a critical review and deep analysis of these practices to understand important design and operational issues. Through discussion, workshops and real-life case studies, students will become more aware of and develop skills that help them design management control systems capable of building and maintaining sources of competitive advantage. The unit forms a core component of the Master of Business accounting major.
The focus of this unit is on the importance of understanding corporate governance best practice to minimise incidences of fraud, bribery and corruption. Further, accountability issues surrounding ineffective governance will also be addressed. Risk management, COBIT 5 and the current Australian IT Governance Standard will be used to demonstrate the importance of corporate governance in the digital world. Students will also be introduced to data from emerging technologies being used by board of directors and senior executives to gain intelligence and better govern the organisation. The unit will also focus on the use of emerging technologies to minimise risk and improve accountability.
One of the essential elements in the real world is the ability to solve unstructured, multi-disciplined accounting problems. This unit integrates elements of the accountancy discipline using a Problem-Based Learning (PBL) approach. The unit addresses issues faced by a professional advisor/consultant by presenting students with simulated real-world problems. These problems require students to work together in teams, research issues, gather information, and form conclusions. Students should therefore be better prepared for the various situations they will face in their accounting career.
The systematic and objective identification, collection, analysis, and dissemination of information is essential for any business to make informed decisions about how to address problems and opportunities in their markets. All business leaders must understand the challenges, opportunities and limitations of the marketing research process; questions that marketing research can answer and questions it can't, and be able to draw appropriate conclusions from different types of data that may be collected during marketing research.This subject builds on basic marketing knowledge and students are involved in, and guided through, a practical, applied marketing research exercise based on a research brief chosen at the start of each semester. This provides the foundations for interpreting case studies, theories and research information presented in more advanced subjects.
This unit gives learners an insight into an important growth area in marketing communication and a new employment field for graduates. In these uncertain times, and while communication is changing, the subject traces the development of IMC, while introducing the important areas of databases, communication, strategy and branding. It provides a theoretical framework, and relates it to traditional promotional concepts and marketing strategy. It is at an important point of the course, as well as the changing world that is in a state of flux, and it links beginner management and communication concepts with strategy.
All organisations require supplies and depend on a reliable and quality source of their supplies whether they are raw materials, components, spare parts, consumables or services. The management of these supplies is a complex logistics process and is often of strategic importance both in global and domestic markets. This unit is provided to examine the role of procurement and purchasing in this process.
Social Marketing seeks to develop and integrate marketing concepts with other approaches to influence behaviours that benefit individuals and communities for the greater social good. It is increasingly being adopted by governments and stakeholders around the world as they seek effective solutions to solving social problems relating to health, well-being, environment, and inequality. This unit introduces students to the principles, concepts, theory and application of social marketing, explaining how strategic, critical, and systems thinking, use of theory and research insight, and use of techniques such as segmentation, designing and planning, and the social marketing intervention mix can be used to tackle health and social issues. Students will learn to analyse real world behavioural and social problems and develop innovative and creative solutions using social marketing frameworks. This is an elective unit for business and public health students.
As one of the largest industries in the world, and having been hit dramatically by COVID-19, the entertainment industry offers significant opportunities along with unique challenges for the application of marketing and communication tools. The unit is designed to be part of the Tourism and Entertainment Marketing minor or to be taken as an elective by students with a particular interest in the area of entertainment marketing.
The success of individual tourism businesses is reliant to some extent on the competitiveness of their destination. This unit explores how a destination marketing organisation (DMO) is formed when a community recognises the need to become organised in destination promotions. Examine opportunities for the DMO and tourism stakeholders to collaborate in the development and implementation of a destination marketing strategy. Learning resources and assessments explore how marketing theories can be applied to tourism marketing practice.
The study and understanding of fundamental brand management concepts is relevant to students pursuing a variety of career outcomes (marketing, advertising, public relations, consulting, entrepreneurship, etc.) because brands are some of a firm's most valuable assets. Brands are an investment and an asset and help firms attract and, more importantly, keep customers.
This unit serves as the introduction and prerequisite to later units in the advertising course and as a useful elective for business students taking other courses. The unit provides you with a thorough knowledge of advertising principles and a practical understanding of the techniques and practices used by today's advertising agencies and clients, including strategy development, media planning, creative development, integration of other communications and analysing an advertising campaign.
AMB240 Marketing Planning and Management follows the introductory marketing class BSB126 and provides a focus on the implementation and evaluation of the marketing plan at a small business level. Emphasis is placed on the responsibilities within a marketing team for planning, developing, organising, implementing, controlling, and evaluating marketing activities. The unit prepares students for other marketing units including market research and strategic marketing. The learning approach is innovative and uses role-play where students take the role of a marketing team member in a virtual simulated marketplace.
Current and future managers in businesses need to comprehend the role which logistics and supply chain management play in enhancing corporate performance.
The ability to prepare, analyse and interpret data to make informed business decisions are essential skills in any market driven organisation. The unit builds on the fundamental theoretical, technical and methodological concepts encountered in earlier introductory units like AMB200 and AMB201. This unit will enable students to use industry-relevant software packages and appropriate technical and analytical skills to draw meaningful inferences and to formulate evidence-based decisions and recommendations.
In our information-driven society, consumers and organisations are increasingly using research to guide their decisions. Consequently, the ability to critically evaluate research evidence and research designs are essential business skills. The unit builds on fundamental theoretical and methodological concepts from earlier marketing units (e.g., AMB200, AMB201) to teach students how to critically evaluate research and develop effective and rigorous research proposals.
The Real World Internships and Projects unit is a work integrated learning opportunity for students majoring in advertising, international business, marketing, or public relations. Students build on their knowledge and skills in a real world setting, develop and apply employability skills, and adopt a reflective approach to learning as they prepare to transition to professional practice.
Advertising copywriting is an important addition to the knowledge base of all marketing communication students. It equips you with the skills to develop creative strategy and write well-grounded and well-crafted copy. For those students not interested in pursuing a career in copywriting, this unit is also vital because it provides the benchmarks to assess creative work and lend support to great creative ideas.
This unit introduces you to the strategic use of paid, owned and earned media to effectively reach consumers using media channels within an advertising campaign. You will develop skills to analyse data to research consumer attitudes and behaviours and develop creative consumer insights. Based on these insights you will work together in a team to develop a media strategy. This unit works closely with media industry professionals and is accredited by the Media Federation of Australia. Completing this unit will be beneficial to students who would like to pursue careers in advertising, digital or media agencies or media sales.
Advertising Management is designed to shift student thinking from a tactical to a strategic level. Instead of taking the approach of, 'This is what happens in advertising', it challenges students by raising important contemporary issues in advertising management and planning practice and asking, 'What should be done?'. It encourages students to understand and take ownership of the advertising management and planning process.
Digital has changed the nature of marketing communication as a discipline and the way we think, communicate and purchase as consumers. This unit is important as the digital environment permeates our decision making as advertising and marketing communication professionals. Hence, an understanding of how to optimise the digital environment, an ability to navigate its platforms and measure its performance is a critical vocational skill. This unit provides a real work integrated learning opportunity for students.
Direct Marketing is a powerful tool that should be considered as part of an organisation's marketing strategy. In just over a century, it has grown beyond its traditional mail order foundations to embrace new technologies, relationship building techniques, and performance measures. One of the foundational marketing communication disciplines, this unit is a vital addition to the fundamentals of IMC or a contemporary and dynamic elective for the advertising, marketing or PR majors.
Globalisation has required firms to look beyond their domestic markets to remain competitive and profitable. An understanding of marketing internationally is vital in today's global marketplace where different challenges and value systems exist.
This unit uses the core characteristics of service experiences as the framework to guide an exploration of strategies for the marketing of services domestically and internationally. Services marketing is an important growth area and students need to understand the unique aspects of the decision process for services and the appropriate application of services marketing principles to both the traditional elements of the marketing mix and the additional elements of the physical setting and processes of service delivery. This will be achieved by examining the application of marketing concepts, models and tools in services using case studies and practical experiences. Customer service planning and management, service quality management, and the pervading influence of relationship marketing are other critical topics which differentiate this unit within the marketing program.
AMB372 Public Relations Planning builds on the knowledge and skills developed in previous units in the public relations major, specifically AMB263 Introduction to Public Relations and AMB264 Public Relations Techniques. This unit introduces and examines the steps in the public relations planning process, which is central to the study and practice of public relations and links to the next sequence in the public relations major.
Issues, Stakeholders and Reputation (AMB373) focuses on public relations practice in an organisational setting. A key responsibility of this role is to anticipate and respond to issues that influence stakeholder relationships and organisational reputations. AMB373 provides foundational skills and knowledge of the issues management process, including monitoring and tracking public opinion, analysis and developing appropriate organisational responses.
In today's dynamic and interconnected environment, organisations are increasingly challenged when making effective and well-considered decisions. The communication of these decisions and the way organisations react to events have far-reaching consequences. It is imperative that public relations professionals can identify context and make informed, criteria-based decisions. This unit strengthens students' critical thinking and evaluation skills in public relations through case-based learning across a range of practice areas, builds skills in decision-making to resolve global public relations problems, and develops collaborative skills through teamwork activities designed to encourage alternative solutions. Students will extend their working knowledge of how public relations practice areas and the global nature of contemporary organisational communications drive organisational decision making. The skills focus of this unit prepares students well for the capstone unit.
Communication is central to organisational practice. Internal Communication and Change will provide theoretical and practical insights to equip students to identify, analyse, and respond to communication challenges in contemporary organisations.
The purpose of this unit is to develop a framework to understand and evaluate advertising and IMC theory, as it guides business decisions and impacts upon key issues in society. In doing so, this unit makes an important contribution to postgraduate studies by evaluating advertising and IMC in action, and exploring the ethical and legal considerations of message and media from a personal, corporate and professional perspective.
The service sector is a large and growing feature of the Australian economy. In addition, most manufacturing businesses encompass extensive service functions as well as production operations. Consequently, it is important for managers in all sectors to understand the problems and challenges inherent in designing and delivering high quality services for their customers and business partners. In this unit, students will be encouraged to explore and reflect on real world services marketing through examples, case studies and tutorial discussions that draw on relevant academic theory.
This unit provides a thorough treatment of regression analysis, including the foundations of statistical and mathematical concepts and skills. The statistical and mathematical knowledge and skills taught in this unit are essential in contemporary economic and financial practice with regression analysis the most widely used econometric modelling technique in the fields of economics, finance, accounting and many others. The unit aims to develop students' knowledge of econometric techniques and to apply these to the analysis of business data. Students will develop regression modelling techniques and also the ability to interpret statistical output. This unit serves as a developmental unit to prepare you for further units in Econometrics.
This unit covers fundamental issues in micro- and macroeconomics including the behaviours of consumers and firms, the role of the government in market intervention, allocative efficiency and market structures in the Australian financial context. The significance of the international economy is similarly explored through a discussion of foreign exchange markets, the Australian dollar and the terms of trade. The knowledge and skills developed in this unit will equip students with the ability to analyse the behaviours of consumers and firms, assess the performance of markets and critically evaluate the impact of government policies on efficiency and growth.
This unit builds on the economic concepts, principles and theories learnt in introductory level economics. It further develops and refines students' economic analysis, evaluation and reasoning skills by applying economic concepts to the exploration of contemporary real world issues.
The objective of the unit is to introduce 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. The unit demonstrates why economics matters more to environmental and natural resources policy and how the approach taken in this unit is free of the constraints of orthodox economics. The unit also explores what would happen when environmental considerations get left out of economics and what happens when economics gets left out of environmental policy-making and resource management decisions. The unit would benefit those who wish to work in government, the private sector or for a non-governmental organisation.
This unit is designed for students to further develop their understanding of risk management, insurance and estate planning concepts and issues, and practise skills in developing and providing financial planning advice to clients. The knowledge and skills developed in this unit are essential for financial planning practitioners.
In recent years, large volumes of big complex data have become available to investors. This unit provides an opportunity for students to develop computer coding skills and an understanding of modelling techniques and tools for analysing such complex financial data. The analysis skills students develop in this unit are commonly used to inform investment and managerial decision making.
The unit provides students with an in-depth analysis of derivative securities and examines the theoretical underpinnings of numerous derivative pricing models. Students will also gain exposure to the manner in which various derivative securities are used and priced, gaining industry relevant knowledge and technical skills.
As international markets become more integrated, knowledge and skills related to international financial management are becoming ever more important. This unit applies and extends the knowledge and skills gained from EFB201 and EFB210 to international settings. Students are introduced to the international aspects of financial management theory and practice, including: international arbitrage and parity conditions, foreign exchange risk management, international equity markets, political risk, and international capital budgeting. This unit will endeavor to prepare students to operate in the multinational world of the financial markets.
As one of the two key fields in economics, this unit builds on and deepens the knowledge and skills introduced in EFB223, and provides students with opportunities to apply them to more complex issues and contexts. Students will explore advanced macroeconomic theories and the various macroeconomic issues faced by a modern economy, and critically evaluate policies to solve macroeconomic problems in light of their impact and limitations. The unit provides an in-depth analysis of fundamental macroeconomic ideas and further develops the capabilities and skills necessary for a career in the field.
This unit explores the economic analysis of and the interplay between the decisions and actions of consumers, firms and governments in modern economies. The theoretical and empirical content of this unit provides a basis for understanding these decisions and actions with a focus on applying microeconomic theories to real world problems. Students will develop the ability to understand and apply microeconomic concepts to a range of contemporary economic issues and problems at an intermediate level. Further, the unit provides a useful appreciation of the range of issues to which economics may usefully be applied to improve managerial decision-making and the formulation of public policy to improve the welfare of the community. The unit prepares students for higher studies in economics and develops students' ability to apply microeconomic knowledge and critical thinking skills to economic problems in real world contexts.
This unit is designed to expose you to current and practical applications of behavioural economics that can be used to improve the understanding of important topics in a variety of industries and contexts. It teaches you about the economic paradigm, involving very basic but powerful tools to understand ubiquitous human behaviour exploring topics such as fads and herding behaviour, decision under risk and uncertainty, time and distributional preferences, status concerns, inter-temporal choices, human rationality, heuristics and biases, and behavioural game theory. The theories and methodological tools learned in this unit can also be applied to other economic areas and industries.
As a final year unit the focus is primarily on further developing students' theoretical knowledge and applied skills in econometrics, using common methods that business, economics and finance graduates will encounter in practice. These skills are essential for research in economics and finance and are relevant for use in future employment.
In this unit, students will apply finance knowledge acquired in earlier units to develop investment decision making skills essential for their personal and professional lives. The unit advances 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. Securities and analytical tools investment managers employ when managing equity and fixed income portfolios will be critically examined and applied to real world contexts. By applying higher level knowledge and skills and considering issues from the investment manager's perspective, this unit provides insight into an industry that controls trillions of dollars of assets both domestically and internationally.
The slicing of the global value chain and the dominance of global production networks have changed the economics and politics of trade. Trade wars are daily on the news and BREXIT changed the way we think about trade policy. The COVID19 pandemic has created a global economic crisis that dwarfs the GFC. Globalization has come under attack but is it for the right reasons? International Economics advances understanding of these issues and enables students to develop critical reasoning to international business and policy problems. The aim of this unit is to build students' ability to critically analyse tendencies in the international economy. After laying down the empirical and theoretical underpinnings of how trade markets work, students will be presented with the latest examples/controversies in the global economy and will participate in moderated debates that will help them shape their own critical thinking based on economic reasoning.
This unit is intended to deepen students' understanding of an important branch of economics by developing their understanding of the key theoretical foundations of game theory and its applications.
This unit extends the knowledge and skills introduced in earlier finance units to the corporate finance context. It provides an in-depth analysis of the financial management of a business organisation and advances frameworks necessary for the analysis of the more advanced aspects of domestic and international business finance. The further specialisation of financial management knowledge and skills this unit provides equips students wishing to pursue a career in finance with a valuable applied skill set. Topics examined include: working capital management, capital investment decisions, 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. Building on earlier finance units, and with a focus on the risk associated with movements in market prices (market risk), this unit introduces students to specialised knowledge and skills for identifying, measuring, managing and hedging risk. As derivative securities are an important tool in risk management, this unit explores a wide range of derivative securities and examines their pricing and use in managing and hedging risk. Subsequent topics on derivatives include the pricing and use of forwards, futures, swaps and options contracts. Students will develop their self-reflection skills in considering their application of financial knowledge and reasoning, and in exercising responsibility and accountability for their own learning: valuable skills for finance professionals.
This is an intermediate level unit which extends the study of financial management introduced in Managerial Finance. It provides an in-depth analysis of valuation and of the financial management of a business organisation. It develops further the framework necessary for the analysis of other and more advanced aspects of domestic and international business finance. With the growing sophistication of global financial markets, this unit provides an excellent base for students wishing to pursue a career in the field.
This unit extends the knowledge 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 developmental unit extends the knowledge and skill base of all finance students, drawing particularly on the earlier unit EFN406. This unit focuses on the theories and techniques found in security analysis and investment management which have a profound effect on professional behaviour and practice in the real world. For example, fund managers must understand the needs of their clients, design portfolios consisting of different assets to suit those needs, and ensure the returns from the funds and the associated risk are as per expectations. The required knowledge and skills for effective practice can mean the difference between the success and failure of any type of investment portfolio.
This unit provides students with skills for approaching a research problem from an econometric approach. These skills are crucial in the use of a range of research methods and business applications. The knowledge and technical skills gained in this unit will enable students to work effectively with a variety of data and business problems and will have further application in addressing problems they encounter in the subsequent units of this course.
As a natural complement to the formal economic theory of financial decisions and financial markets, this unit builds on earlier units that address finance theory in this program. As a recognised area of expertise in the world of finance this unit will give students knowledge and skills that play a key role in explaining and supporting financial decision making.
A key component of financial planning advice is understanding how client investments are managed. The purpose of this unit is to develop students’ understanding of foundational financial concepts and issues, and introduce knowledge on managing client investments, setting client investment goals and risk profiles. Knowledge and skills in these areas are essential for graduates working in financial service industries, and establish the foundation for more advanced finance and financial planning units to build upon.
Risk is one of the most misunderstood concepts in finance. This advanced finance unit employs an authentic learning approach where you will develop a deep understanding of the key concepts and processes of risk management, helping you to flourish in a rapidly changing world. This unit builds on the knowledge and skills you have acquired about finance in earlier finance units.
Capital budgeting is an important aspect of a firm's financial management. As capital budgeting concerns the firm's long-lived assets, decisions made in this area are likely to impact upon the firm well into the future and have much to do with its long-term performance. This unit builds on the foundational finance knowledge, extending it to the context of making capital budgeting decisions.
This unit is designed for students to develop an advanced level of understanding about insurance and risk management, their relationship and other related factors on which financial planning practitioners advise clients and employers. The knowledge and professional skills students practise in this unit will help to prepare them for working as financial planning professionals.
Market Analysis builds on the knowledge and technical skills developed in the foundation property and valuation units (USB142 and USB144). You will apply demographic, economic and key urban economic theories and policies in the property market environment. Understanding property markets will assist in the creation of marketing and investment strategies to meet targeted consumer supply and demand. You will gain knowledge and skills on how to conduct property market research, collect and analyse property data to support creative solutions and interpret the findings from a range of research publications. The knowledge of this unit will be further developed in USB245 Property Investment Analysis, USB300 Development Process and USB344 Property Project.
Asset performance provides a good grounding in property and asset management, as it applies to the diverse real estate property sectors and to demonstrate how property asset performance can be maximised, measured and benchmarked. Efficient asset management can result in significant cost benefits to both the owner and the occupier of the property. There has been a growing property industry awareness of the need to develop reliable, accurate and professional property management systems and analysis tools to ensure that property occupation costs are minimised, and space allocations are maximised in accordance with the short, medium and long term business goals of the organisation or company.
This unit aims to provide students with an understanding of the investment markets and the role of property as an investment asset class. The unit further develops the skills and techniques required for the analysis of property investment objectives, strategies, and performance. The students will explore the concepts of return and risk, the discounted cash flow (DCF) analysis, the basics of investment decision (NPV, IRR, Financial ratios), measurement of property investment performance, the impact of financing and taxation on investment returns, portfolio theory and the role of real estate in mixed asset portfolios. This unit will help students develop the understanding and skills necessary to become successful property investment analysts and/or investors.
Property Development provides understanding of property development, which is fundamental to the practice of property professionals. This unit brings together concepts gained on strategic evaluation, risk, organisational structure, planning, construction and development feasibility analysis. This unit provides an in depth look at the multi-disciplined, multi-faceted process involved in property development from site selection through to disposal of completed projects.
Everyone in business, government and non-for-profit organisations works with other people, and organisational behaviour provides the knowledge and tools to interact with others effectively. No matter what career path you choose, you'll find that organisational behaviour concepts play an important part in performing your job and working more effectively within organisations. In this unit we will examine how individual differences impact upon what people think, feel, and do in the workplace, and how this understanding of people can help us build more fulfilling and successful workplaces. We focus on getting the best out of people at work, including ourselves, by promoting the sustainable and ethical integration of the business needs and the individual's needs. Not only is an understanding of human behaviour and organisations fascinating, it is also necessary to succeed in today's fast-paced environment, as it can help improve organisational, managerial and personal effectiveness.
The production of goods or services is the core activity of all organisations, irrespective of whether the organisation is part of the private sector, the public sector, or the not-for-profit sector. While the production of goods and services is the core activity of the organisation, it is only made possible by the integrated support of other functional and administrative areas of the organisation. It is essential that you gain an understanding of the central issues in relation to the production of goods and services, and how other functional and administrative areas contribute to this core activity. A key focus of the production of goods and services is the use of different qualitative and quantitative techniques to assist in managerial decision making. This also gives the unit a broader application than simply goods and services management.
This unit introduces you to the strategic perspective on human resource management and the growing use of evidence based human resource decision making to increase organisational effectiveness. This unit explores how the core roles and functions of HRM including recruitment and selection, learning and development, and performance and reward management need to be aligned with organisational strategy to achieve business goals.
Understanding and managing the ways culture impacts communication within a culturally diverse workforce and negotiation in a multi-cultural environment is essential for business professionals operating in national and international contexts. By understanding cultural influences, managers can then modify their communication style to communicate and negotiate effectively with culturally diverse colleagues, competitors and clients. The aim of this unit is to provide students with key knowledge and a range of practical skills in interpersonal and corporate communication and negotiation across various business contexts with particular emphasis on the influence of culture on communication and negotiation. This unit is fundamental to management and builds on prior core learning in management, people and organisations to provide conceptual frameworks and interpersonal skills to enhance organisational and management capabilities at local, national and international business levels.
Innovation, knowledge and creativity are the key drivers of success for many of today's leading firms and are integral to an organisation's ability to survive and thrive in a competitive marketplace. This unit is based on the increasing emphasis on the role of innovation and knowledge within an organisation and how creativity and innovation can be facilitated and managed in a work setting. It also introduces you to the impact of innovation and knowledge in shaping the commercial and strategic agenda of the firm in the competitive environment. This unit will provide you with experiences that develop your knowledge of and skills in the processes involved in managing innovation from both macro and micro perspectives. You will study the meanings and role of creativity and knowledge and how they impact on managerial strategies and tactics for fostering innovation in organisations.
The ability to think and act entrepreneurially is increasingly important in modern society, regardless of future career aspirations. This action-oriented unit is designed specifically to enable students to walk in the shoes of an entrepreneur and to experience the excitement, challenge and unpredictable nature of identifying, developing and communicating new venture value creation strategies. Further, this unit provides students with the opportunity to develop potential solutions for real world problems, and to present those solutions to their peers. Students will be able to reconcile their actions and experience to various frameworks, like the Disciplined Entrepreneurship framework.
As a Human Resource Manager you must be aware of the legal, political, social, economic, financial and ethical factors impacting choices about employing people. These are addressed in this unit through theory and practice.
In a competitive business environment, recruiting and selecting high-quality employees is the key to organisational success. Therefore, as a HR manager, you are required to have competencies in designing strategic and evidence-based recruitment and selection processes. This unit equips you with the skills to develop and evaluate a fit for purpose recruitment and selection package.
Corporate sustainability has been widely acknowledged as fundamental to the performance and ongoing success of organisations. A sustainable organisation is recognised as one that manages its processes, products and people in an ecologically aware and socially responsible manner. Understanding the processes though which sustainability issues can be integrated into broader corporate strategy and practices is a key element for organisational success and the ability to plan and manage the change programs needed to make these shifts are integral management competencies. This unit focuses on key concepts and ideas of organisational sustainability including stakeholder engagement and the human dimensions of change. The unit will prepare you to make a significant contribution to the sustainable development of organisations and society through the development of your critical thinking and communication skills.
This unit examines the venture growth processes for entrepreneurial managers. It focuses on the post start-up issues for the entrepreneurial venture and allows you to analyse exiting venture operations. The unit considers the rapid growth issues in business ventures and examines how to grow and manage in the post start-up phase. This unit is designed for those individuals interested in owning, or who currently own, their own venture and for those working in industries as employees or wishing to work in the growing organisations.
We live in exciting times with technology driving change at an ever-increasing rate. To remain competitive in this world, organisations and individuals need to be adaptive and flexible. This means being able to effectively analyse and assess current capabilities and then take necessary organisational learning and development action. This Unit provides you with the knowledge and skills required to carry out these functions and in so doing gives you the tools needed to be a positive driver of organisational success.
Organising by projects is the 'wave of the future in global businesses' due to increasing technical and product complexity, shortening time for market windows, and the need for cross-functional integration and fast responses to changing client needs. This mastery level unit refines knowledge and skills in effectively managing projects, gained by focusing on the central issues of project selection, planning and evaluation. It integrates the socio-cultural elements of management including leadership, problem-solving, politics, teamwork and negotiation with the technical elements of scope, work breakdown structure, scheduling and resource allocations. In this unit you will develop practical and career relevant skills to successfully manage various types of projects.
This unit provides an opportunity for you to gain professional experience in the HRM or Management discipline and to concurrently examine the nexus between work and learning. The internship or project will permit both a broad exposure to the field as well as an in-depth focus on subject matter. In addition, the unit is designed to assist you to develop self-insight in to your personal and professional strengths, developmental needs and career preferences. Skills in self-directed learning, project management and reflective practice will all be developed. Finally, as the unit is positioned towards the end of the degree program, it is designed to assist in your transition from undergraduate student to beginning practitioner.
Performance and reward management is a key functional area of HRM and is of critical importance in supporting organisations to maintain its competitive advantage. Therefore, and it is imperative that you understand the strategic framework and the underlying psychological principles. This unit contributes significantly to your understanding of people management, your HR diagnostic skills and your ability to develop HR policies and procedures to support employee, manager and organisation effectiveness.
Australia is situated in the fastest growing region in the world - the Asia-Pacific rim. Furthermore, Australia already works closely with many of the economies in the region and thus managers need to be fully prepared to manage in cultural different environments. This unit exists to inform future business professionals about business environments, how to identify risks and, from a hands-on perspective, learn best practices to address such risks within countries of this region.
An understanding of risk management, in theory and practice, is essential for ensuring resilient and sustainable organisations. Effective risk management outcomes result from the analysis of uncertainties embedded in human knowledge, systems of management and processes in commerce, and from implementing mitigation strategies generated to address these factors. This unit seeks to introduce students to current Risk Management models and apply them in the context of current national and international risk standards.
Research on exchange
Why not consider a research project during your semester in Brisbane? Discover the diverse research study opportunities available to make a real-world difference.
Need more information?
If you have questions about choosing units, get in touch with the QUT Global team and we’ll gladly help you out.