DBBF – Bachelor of Applied Finance (single degree) DBCB – Bachelor of Commerce / Applied Finance (double degree)
Jun 11, 2015
DBBF – Bachelor of Applied Finance (single degree)
DBCB – Bachelor of Commerce / Applied
Finance(double degree)
Presenter :Mr. Peter Lennox
– Program Director
Presentation outline
Program details - perspective
Program structure
Learning resources
Outcomes
All work and no play?
Contact us
Why select Applied Finance?
Solid introduction to all key areas of finance
Develops conceptual, technical and
communication skills
Practical applied element differentiates UniSA
program from other local Universities
Global qualification that can be transferred into any
environment
Shortage of quality finance professionals in
Australia and globally
Program details
Why select Applied Finance?
Opportunities for involvement in emerging
markets such as; China, India, South East Asia
Continued regulatory changes (superannuation,
taxation, licensing) and the introduction of new
investment products (derivatives, CFD’s, securitisation)
ensure the complexity of the financial system will
provide ongoing work
for finance professional with a decision-making focus
Program details
Why select Applied Finance?
Salary levels in specialised finance areas can be
extremely high (investment banking, consultancy,
financial advisory)
Program accredited by professional financial services
body (FINSIA)
Partial financial planning licensing accreditation
via ASIC (see PS146 requirements)
Program details
Combination with Commerce?
Accounting is a long established, well developed,
respected global profession (at least this is what
the Accounting Bodies seem to have convinced
the general public!)
Employment opportunities in Australia and
globally are extremely good (employment success
rate for graduates from UniSA > 90%)
Program details
Combination with Commerce?
Continued regulatory and professional changes (International
accounting standards, taxation) ensure the complexity of the
financial system will provide ongoing work for accountants
with a decision-making focus
Accredited by professional accounting bodies
(CPA Australia and the Institute of Chartered Accountants in
Australia [ICAA]) with qualifications and memberships
transferable globally
Program details
General Program Structure.
Single Degree – for example; Applied Finance (DBBF)
8 + 8 + 7 + 1 = 24 courses in total
Double Degree – for example; Commerce /
Applied Finance (DBCB)
8 + 8 + 6 + 9 + 1 = 32 courses in total
Program structure
Program Structure. 8 Division Core Courses – 3 compulsory across all
Division of Business Programs and 5 selected by
program (DBBF / DBCB)
+8 Major sequence courses for each program
(14 in total for DBCB covering 2 programs)*
* Note : In DBCB there is 2 course overlap (1 x
Division Core, 1 x Major) between Applied Finance and
Commerce that effectively reduces the Commerce
major to 6 courses
Program structure
Program Structure.
+8 Electives comprising 7 Electives and 1 BUGE*
* Note : In DBBF the electives preferably should be taken
from courses offered in the Division of Business (Schools
of Commerce / Management / Marketing). However
students may substitute
non-business courses where relevant to their program and
with the approval of the Program Director (for example; a
language, computer programming or quantitative
mathematics sequence)
Program structure
Program Structure. In DBCB there are 9 electives and 1 BUGE due to
the course overlap (as previously specified).
DBCB students are encouraged to take elective
courses offered in the Division of Business but courses
outside Division can count as electives without prior
approval of the Program Director – subject to any
requirements for a particular course (prerequisites,
School policy, availability to
Business students etc.).
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE:What are they?
Major – comprises a sequence of 8 courses
specified by a business discipline area (for
example; Applied Finance / Commerce)
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE:What are they?
Minor – comprises a sequence of 4 courses
specified by a business discipline area
(for example; Small Enterprise, Commercial
Law).
Note: the completion of a minor in a discipline
area is not formally recognised on any official
University documentation.
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE:What are they?
Professional Sequence – comprise a series of
courses that are seen to provide
complementary skills to the major program(s)
undertaken, example; Applied Finance /
Commerce) or are courses required to be
completed by professional bodies for
membership (for example; CPA Australia,
ICAA)
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE:What are they?
Given that DBCB students complete a major in
Commerce, most DBCB students also select the
Commerce Professional Sequence courses to
provide greater choice for future professional
study.
DBCB should note the Professional Sequence
requirements for both CPA Australia and the
ICAA
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE:What are they?
Professional Sequence courses are not
compulsory for a program and can be
replaced at any time in part or in whole with
elective courses.
Most students typically select at least some
of the Professional Sequence courses when
completing their program.
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE:What are they?
Both DBBF and DBCB have a specified set of
Professional Sequence courses – details are available
from the Program websites:
http://www.unisanet.unisa.edu.au/programs/program.asp?Progr
am=DBBF
http://www.unisanet.unisa.edu.au/programs/program.asp?Progr
am=DBCB
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE:What are they?
Note: the completion of Professional
Sequence courses in a discipline area is not
formally recognised on any official
University documentation.
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE :What are they?
Electives – students may use elective courses to
complete all or any combination of an additional
major, a minor or minors, professional sequence
courses and / or simply select a series of unrelated
courses.
For DBBF students, electives should be from the
Division of Business however this is not required for
DBCB students.
Program structure
Choosing courses in your program.Major, minor, professional sequence, elective, BUGE :What are they?
BUGE courses comprise any course
offered outside of the Division of
Business (for example; engineering,
computing and information science,
language courses)
Program structure
Choosing courses in your program.Prerequisites: How are they applied?
Prerequisites – courses that students should
have successfully completed (or obtained
credit for) prior to undertaking specified
course (for example; Financial Accounting 2
has Financial Accounting 1 as a
prerequisite).
Program structure
Choosing courses in your program.Prerequisites: How are they applied?
Prerequisites may be formally applied in some
courses / programs – preventing students without the
appropriate pre- requisites from undertaking certain
courses.
Note : The Commerce major and professional
sequence courses have their prerequisite courses /
requirements
formally applied in accordance with the professional
accounting body requirements.
Program structure
Choosing courses in your program.Assumed Knowledge: How are they applied?
An assumed knowledge requirement is not
enforceable to prevent a student enrolling in
a course. It is designed to indicate that
certain skills and knowledge required to be
understood by the student prior to the
student commencing the course.
Program structure
Choosing courses in your program.Accessing program / course information
Students are encouraged to maintain a copy of the current
program structure (DBBF / DBCB) accessible from the University
home page
See the following links:
http://www.unisanet.unisa.edu.au/programs/program.asp?Program
=DBBF
http://www.unisanet.unisa.edu.au/programs/program.asp?Program
=DBCB
Program structure
Choosing courses in your program.Accessing program / course information
General information on all courses can be obtained
from the University home page – specifically
UniSANet where course home pages can be
accessed. See the following link:
http://www.unisanet.unisa.edu.au/Courses/
Detailed course related information requires students
to be enrolled in courses before such information is
accessible.
Program structure
Learning resources
Teaching & learning arrangements. Course Booklets and Online Resources
Course Information Booklets provide details of
administrative course related information including
text details / assessment requirements / grading etc.
Study Guide / Readings Booklets / e-Readers provide
directed study for particular topics
Most course related information including relevant booklets
for enrolled students are now included on the course
website accessible from UniSANet (as below):
http://www.unisanet.unisa.edu.au/Courses/
Learning resources
Teaching & learning arrangements. Lectures
Lectures are typically conducted on a weekly basis and
provide an overview of the content of the specific
topic
Conducted in lecture theatres which may
accommodate up to 500 students
Students are encouraged to read ahead to ensure
understanding of lecture content
Lecture notes are often posted to the course
website for students to access
Learning resources
Teaching & learning arrangements. Tutorials
Tutorials are typically conducted in small classes
(class size 20 to 30)
Encourage students to interact with the tutor to
clarify topic or course related issues
May incorporate some form of assessment either
on individual / group basis (for example;
presentations / class tests)
Often students will be encouraged assigned to
groups in order to complete class tasks
Learning resources
Teaching & learning arrangements. Course contact
Course coordinator / course staff generally provide
information to students via face to face sessions
(lectures / tutorials)
Increasingly staff are also contacting students via
their student email account / course website -
noticeboard and / discussion forums)
Information provided to students via email /
course
website forms part of assessable materials for
each course
Learning resources
Teaching & learning arrangements. Course contact
Discussion forums allow for students to interact
in an online environment to assist in resolving
course related issues
Familiarity with course website should be one of
the first tasks undertaken by students after
enrolment
Learning resources
Assessment. Assessment types are likely to vary across courses
Most courses will include a minimum of 3
assessment components comprising one piece of
assessment within the first 1/3 of the course
Assessment for most common core and major
courses in DBBF and DBCB include a final exam –
typically weighted more than 50% of the total
course assessment
Learning resources
Assessment. For many courses students will be required /
encouraged to submit assessment items in a
group and be assessed on this basis.
It is in all students interests, whether submitting
assessment individually or in a group, to liaise
with their class colleagues (without plagiarising
of course!) to ensure that each submitted item
of assessment is undertaken to the best of their
abilities.
Learning resources
Assessment. From 2007 all assessment not conducted in a
classroom environment will be required to be
submitted using the University AssignIT software
system. Further information in relation to this
software will be provided by your Course
Coordinators once classes commence.
Learning resources
Assessment. The University also uses a software program
designed to detect plagiarism for submitted
assessment. Please ensure all submitted
assessment is your own work and not merely
extracts from other resource(s) such as
textbooks, internet articles etc.)
Learning resources
Grade Point Average (GPA). The GPA provides a basis within School of
Commerce programs for assessment of students
eligibility for pass grades in some courses by
receiving a terminating or conceded pass grade
Note – there are restrictions on DBCB students
eligibility for pass grades based on GPA due to
accounting professional body requirements
Learning resources
Grade Point Average (GPA). Basis in which students are assessment for
eligibility to transfer programs
No differentiation between courses in
establishing GPA
Current student GPA accessible from student
portal (My UniSA)
Learning resources
Need more assistance?
Learning Connection
UniSA online resources
Outcomes
Links to employment. Employers visit the campus each year typically in
March / April
An annual Careers Expo is held in the early part of
the year providing opportunity for students to find
out about:
- different career paths available
- courses required for particular career paths
- applying for graduate positions
Outcomes
Links to employment. Students in DBBF and DBCB typically have had
high success rates in securing employment
CPA Australia also provides vacational
employment opportunities for student members
(targeted at 2nd year students)
Development of courses taken in the form of work
experience from 2007
All work and no play?
All work and no play? Number of student societies and clubs exist on
campus to benefit students
General business focused groups include;
- AISEC
- SIFE
A Commerce school student club has been
established and will be providing further
details for student participation in the near
future
Contact us
Contact us.
School of Commerce Office
City West; Way Lee Building First floor (level 3) Room: WL 3-55
Phone: 8302 9047 Fax: 8302 0992
Contact us
Contact us.
Program Director
Mr. Peter Lennox
City West; Way Lee Building First floor (level 3) Room: WL 3-28
Email : [email protected] Phone: 8302 0004 Fax: 8302 0992
Any Questions?