CONNECT: BUSINESS
Business is always changing. That’s why we’re not teaching the same things we were 10 years ago or even three years ago. We focus on strong links with industry, business and government so our degrees reflect industry and student needs. We aim to develop professionals, managers and business leaders with critical thinking skills who will succeed in their chosen fields.
SIX reasons to study Business at UOW At UOW, we’re proud to be among the best modern universities in the world^. We’ll help you create a future that is everything you hoped for, by giving you an excellent education under internationally respected academics. This is what we offer:
1. A well-recognised degree Our Business degrees are recognised Australia-wide by such peak bodies as CPA Australia, the Financial Services Institute of Australasia (FINSIA), the Australian Securities and Investment Commission (ASIC) and the Australian Human Resources Institute (AHRI), and internationally by such bodies as the Association of Chartered Certified Accountants (ACCA) and the Association of International Accountants (AIA).
2. Financial advantage Our Business degrees give you a qualification that will earn you up to 50% more than a typical Year 12 graduate in the same role*.
3. Flexible course options Our degrees give you the benefit of exploring a range of fascinating core business subjects in your first year, and subsequently specialising in one of 17 majors.
4. A personalised environment As a Business student you will be part of a genuinely supportive Faculty community, not simply treated like ‘a number’ in a huge class.
5. Both theoretical and practical knowLedge Business students experience a modern curriculum that doesn’t merely teach business theory, but applies it to everyday business contexts.
6. Business connections Our renowned Business Internship Program gives you the opportunity to connect with industry leaders such as Commonwealth Bank, Cancer Council, World Vision Australia and Gazal.
^ Times Higher Education Top 100 Under 50 Rankings 2013. * Braithwaite, B., West, G., Harvie, C., Hartgerink, N. (2013), Leading Locally, Competing Globally: Measuring the University of Wollongong’s Contribution to Economic and Social Prosperity, Centre for Small Business and Regional Research, Faculty of Business, University of Wollongong, Wollongong. ISBN: 9781-74128-231-3 (book) ISBN: 978-1-74128-232-0 (ebook).
BUSINESS
1
Bachelor degrees Bachelor of Accounting and Financial Services go.uow.edu.au/ba-fs ATAR 80 DURATION
3 years
Starts
Autumn (February), Spring (July)
LocationS
Circular Quay campus, Sydney City (UAC 753680)
CRICOS 078817C
This specialist undergraduate degree from the Faculty of Business, designed in collaboration with industry partners, is offered only at our Sydney City campus. Graduates will acquire accounting qualifications recognised by leading professional bodies, complemented by direct industry-based learning experiences and knowledge of the practical business disciplines that support the financial services industry. This is an ideal program for those wishing to establish a career in roles such as: accountant, business development manager, management consultant, policy and governance analyst. This program is only offered to 40 students each intake. The small class sizes allow for maximum learning and, most importantly, industry development opportunities where you will connect with firms and businesses directly related to your degree. The Bachelor of Accounting and Financial Services is designed for students displaying a strong academic performance who seek a career in the financial services sector and who wish to study in the heart of Sydney’s business district. The degree offers a rare opportunity for potential finance professionals to acquire the sort of specialised knowledge that reflects the needs of the contemporary financial services sector, which encompasses banking, funds management, financial planning and advice, superannuation, and insurance institutions.
Professional Recognition When you graduate, you may be eligible for membership of the Australian professional accounting bodies, CPA Australia, the Institute of Chartered Accountants Australia (ICAA) and the Institute of Public Accountants (IPA). Graduates can also apply for membership of international professional accounting bodies including the Association of Chartered Certified Accountants (ACCA) and the Association of International Accountants (AIA).
Bachelor of Banking and Financial Services go.uow.edu.au/bb-fs ATAR 80 DURATION
3 years
Starts
Autumn (February), Spring (July)
LocationS
Circular Quay campus, Sydney City (UAC 753690)
CRICOS 078818B
The financial services sector encompasses banking, funds management, financial planning/advice, superannuation and insurance institutions. Graduates will acquire banking and financial services qualifications recognised by leading professional bodies, complemented by direct industry-based learning experiences and knowledge of the practical business disciplines that support the financial services industry. This is an ideal program for those wishing to establish a career in roles such as: banker, investment analyst, management consultant, business analyst, business development manager, portfolio manager. This program is only offered to 40 students each intake. The small class sizes allow for maximum learning and, most importantly, industry development opportunities where you will connect with firms and businesses directly related to your degree. The Bachelor of Banking and Financial Services is designed for students displaying a strong academic performance who seek a career in the financial services sector and who wish to study in the heart of Sydney’s business district.
Accreditation The Bachelor of Banking and Financial Services is recognised by the Financial Services Institute of Australasia (FINSIA).
2 UNIVERSITY OF WOLLONGONG
Bachelor of Business go.uow.edu.au/bbus ATAR
70
DURATION
3 years
STARTS
Autumn (February), Spring (July)
LOCATIONS
Wollongong (UAC 753660)
Batemans Bay (UAC 753662)
Bega (UAC 753663)
Shoalhaven (UAC 753661)
Southern Highlands (UAC 753664)
Southern Sydney (UAC 753665)
CRICOS 075096M
This is the most flexible degree in the Faculty of Business. It will teach you the core disciplines of business and let you tailor your own study program. Like the Bachelor of Commerce, in the first year you will study the essential core disciplines of accounting, economics, finance, management and marketing. As there is no specialisation in the Bachelor of Business, students are given more flexibility to study a range of electives and subjects to meet individual interests. This includes subjects outside of Business that you may be interested in. Graduates with a Bachelor of Business have the knowledge and experience to move into many types of business careers, such as business development, project management, management and marketing. If you complete a Bachelor of Business and want to work in specialist careers such as accountancy or finance, you will have to complete further study. Alternatively, you can complete a Bachelor of Commerce, which offers accredited majors in these areas, starting page 7.
Accreditation A Bachelor of Business enables graduates to meet the educational requirements of a number of professional associations, depending on the subjects completed. Students should seek academic advice to ensure they complete subjects required to meet accreditation. For more information, visit business.uow.edu.au/accreditation
Bachelor of Economics and Finance go.uow.edu.au/beconfin ATAR 80 Duration
3 years
Starts
Autumn (February), Spring (July)
LocationS
Wollongong (UAC 753670)
Batemans Bay (UAC 753672)
Bega (UAC 753673)
Shoalhaven (UAC 753671)
Southern Highlands (UAC 753674)
Southern Sydney (UAC 753675)
CRICOS 075271A
The Bachelor of Economics and Finance is a three-year degree for students who want to specialise in economics and finance from the very start of their degree. In the first year of study you will learn the core disciplines of accounting, economics and finance. Second-year and third-year subjects focus on advanced economics and finance. In the final year, you will also undertake an applied research project. This may include a workplace project or more traditional research paper related to economics and finance. You will focus your degree by choosing one of four majors: Economics, Finance, International Economics and Quantitative Analysis in Economics. These major studies are closely modeled on the majors within the Bachelor of Commerce. You can start in any major at any UOW campus, but you must complete your degree at UOW Wollongong.
Accreditation A Bachelor of Economics and Finance enables graduates to meet the educational requirements of a number of professional associations. For more information, visit business.uow.edu.au/accreditation
BUSINESS
3
Bachelor degrees Bachelor of Commerce ATAR
Wollongong – 75 / 93 (DS)
Batemans Bay – 72 / 93 (DS)
Bega – 72 / 93 (DS)
Shoalhaven – 72 / 93 (DS)
Southern Highlands – 72 / 93 (DS)
Southern Sydney – 75 / 93 (DS)
DURATION
3 years
STARTS
Autumn (February), Spring (July)
LOCATIONS
Wollongong UAC 753602 / 753610 (DS)
Accountancy and Management majors only:
Batemans Bay UAC 753604 / 753612 (DS)
This degree is for students who would like to specialise in one or more of the principal areas (majors) of business and commerce. It consists of two components: nine core subjects and the flexibility to choose subjects from fourteen majors. You can also choose a double major or a major and a minor. The Bachelor of Commerce is also offered as part of a double degree. Double degrees with a Bachelor of Commerce include: Arts, Creative Arts, Engineering, Law, the Sciences, Psychology and Journalism.
Accreditation Dependent on the major, a Bachelor of Commerce enables graduates to meet the educational requirements of a number of national and international professional registrations and memberships. For more information, visit business.uow.edu.au/accreditation
Bega UAC 753605 / 753613 (DS)
Dean’s Scholar
Shoalhaven UAC 753603 / 753611 (DS)
The Dean’s Scholar Program is designed for high-achieving students.
Southern Highlands UAC 753606 / 753614 (DS)
Southern Sydney UAC 753607 / 53615 (DS)
CRICOS
027464A / 081887G (DS)
DS: Dean’s Scholar
Dean’s Scholars complete the Bachelor of Commerce with a number of added benefits: Access to an academic mentor You’ll be paired with a mentor in the Faculty. You’ll be able to draw on their experience, insight and guidance to overcome academic challenges and take advantage of special opportunities. Access to industry events, seminars and workshops You will be invited to attend relevant industry seminars and workshops. You’ll gain insights into your field not normally available to undergraduate students. Opportunity for internships, self-directed study and special projects The Dean’s Scholar program is highly adaptive to your interests and strengths. Towards the end of your degree, you’ll have the chance to choose what projects you want to work on, just like an Honours or postgraduate research student. The program has a limited intake and you’ll need a minimum ATAR of 93 to get in. You may be asked to attend an interview on-campus and are encouraged to apply for a faculty undergraduate scholarship.
4 UNIVERSITY OF WOLLONGONG
Bachelor of Commerce (continued) Double Degrees A double degree lets you study two degrees at the same time and complete quicker than if you studied them one after the other. By completing two degrees you’ll broaden your career options—or prepare yourself for highly specialised careers. The Bachelor of Commerce is available in the following double degree combinations: Bachelor of Arts – Bachelor of Commerce ATAR 75 Duration 4.5 years UAC 751301 CRICOS 012086A Bachelor of Arts (Psychology) – Bachelor of Commerce ATAR 75 Duration 4.5 years UAC 751305 CRICOS 078309A Bachelor of Commerce – Bachelor of Laws ATAR 90 Duration 5 years UAC 751202 CRICOS 003683K Bachelor of Communication & Media Studies – Bachelor of Commerce ATAR 75 Duration 4.5 years UAC 751351 CRICOS 049641G Bachelor of Creative Arts – Bachelor of Commerce ATAR 75 Duration 4.5 years UAC 751502 CRICOS 028396M Bachelor of Engineering – Bachelor of Commerce ATAR 80 Duration 5 years UAC 751601 CRICOS 001707A Bachelor of Engineering (Electrical, Computer or Telecommunications) – Bachelor of Commerce ATAR 80 Duration 5 years UAC 751602 CRICOS 042625G Bachelor of International Studies – Bachelor of Commerce ATAR 75 Duration 4.5 years UAC 751311 CRICOS 069057B Bachelor of Journalism – Bachelor of Commerce ATAR 75 Duration 4.5 years UAC 751661 CRICOS 058985G Bachelor of Psychology – Bachelor of Commerce ATAR 92 Duration 5.5 years UAC 751751 CRICOS 031408G Bachelor of Science (Psychology) – Bachelor of Commerce ATAR 80 Duration 4.5 years UAC 751814 CRICOS 078313E Bachelor of Science – Bachelor of Commerce ATAR 80 Duration 4.5 years UAC 751802 CRICOS 028399G
BUSINESS
5
Mohammad Khan Bachelor of Commerce (Accountancy) Intern at Designa Accessories
Mohammad understands the importance of gaining real life career experience while he studies, which is why he undertook a business internship as part of his degree. “I was really nervous when I began at Designa Accessories. I had never worked in a professional office environment before, but everybody was friendly and supportive. I have been working in the accounts department, which allows me to experience my field in a broad and tangible way — all while earning credit points for uni. “At Designa Accessories I engage with people from a range of professions, which has taught me the importance of communication as well as adaptability. I feel really lucky that I’ve had the opportunity to connect with this internship. I have no doubt that the skills I have learned will help me get a job that I love in the future.”
6 UNIVERSITY OF WOLLONGONG
Majors in the bachelor of commerce
Accountancy go.uow.edu.au/bcomm-accy SAMPLE CAREERS Auditor Banker Business analyst Company treasurer Corporate accountant Cost accountant Financial controller Forensic accountant Policy advisor
Accountancy is about providing useful (reliable, timely and accurate) information for decision makers, especially in relation to economic decisions. Whether you are working for a multinational company, a government agency or in public practice, accountants play a pivotal role in advising senior management on the financial performance and direction of the organisation. If you’re the type of person interested in business and have an aptitude for both logical and critical thinking, accountancy might be the right choice for you.
WHAT YOU STUDY You will study advanced accountancy topics including financial reporting, auditing and management accounting. You will learn about financial accounting in its organisational, social and political contexts as well as study relevant law subjects (including taxation law and law of business organisations) so as to be eligible for associate membership of professional accounting bodies.
Professional Recognition When you graduate, you may be eligible for membership of the Australian professional accounting bodies, CPA Australia, the Institute of Chartered Accountants Australia (ICAA) and the Institute of Public Accountants (IPA). Graduates can also apply for membership of international professional accounting bodies including the Association of Chartered Certified Accountants (ACCA) and the Association of International Accountants (AIA).
Business Innovation go.uow.edu.au/bcomm-businn SAMPLE CAREERS Business development manager Business owner Entrepreneur Small and Medium Enterprises (SME) developer Social innovator
Innovation is what causes businesses to grow. The rapid development and integration of technologies, markets and organisations is a key feature of business innovation. Studying business innovation will enable you to thrive in this fast-changing environment. You will learn concepts from management, marketing and economics, giving you the tools to create and adopt innovations successfully.
WHAT YOU STUDY You will study innovation with a focus on the relationship between innovation and business structures, processes and structures. You will also learn economic theory relevant to innovation and change. You’re free to specialise your major with a range of electives including change management, creating and marketing new products, the Chinese economy and electronic commerce.
BUSINESS
7
Daniel Thomason Bachelor of Commerce Honours (Economics) Analyst, Reserve Bank of Australia
When Daniel began at UOW he wasn’t sure where his passions were. After a year of broad experiences in his Commerce degree—and encouragement from his teachers—he found his niche in economics. Finding his focus paid off. Daniel went on to become founding president of the Economics and Finance Society, attained work experience through a cadetship, and earned a graduate position with the Reserve Bank of Australia. “I love that economics offers a rigorous and logical way of analysing problems, and provides the chance to make a big difference to people’s lives. UOW offers such a well-rounded package. I had many inspiring, committed lecturers and the practical elements of the degree are in touch with the industry.”
8 UNIVERSITY OF WOLLONGONG
Majors in the bachelor of commerce
Business Law go.uow.edu.au/bcomm-buslaw SAMPLE CAREERS Business adviser Contracts negotiator Client manager HR consultant OHS officer Policy advisor
Understanding the context, application and the impact of law on the structures and transaction of business is crucial to business innovation. By studying business law, you will learn the necessary skills and knowledge base to provide a legal perspective to business practice. You will cover the theory and practice behind e-commerce law, contract law and taxation law.
WHAT YOU STUDY You will study the fundamentals of business law and then choose from a wide range of electives. Business law encompasses many overlapping fields, ranging from specific regulatory frameworks to corporate governance. Fields you can focus on include international business law, banking and taxation law, employment and anti-discrimination law and media law.
Economics go.uow.edu.au/bcomm-econ SAMPLE CAREERS Business forecaster Investment analyst Policy advisor Stock broker
Economics is about the economy—the distribution of resources between people and organisations. Areas of interest to economists include the behaviour of consumers and business firms, the labour market, health care, the environment, technology and innovation, economic growth and development, monetary and fiscal policy, international trade and finance, and the global economy.
WHAT YOU STUDY You will study both macroeconomic and microeconomic theory with an emphasis on policy and its effect on working economies. You will look at what determines supply and demand for various goods and services and how prices are determined, consumption and investment patterns, international influences on the economy, the role of government within the economy, money and interest rates. You can also develop a historical understanding of the Australian economy. Emphasis will be placed on the practical analytical tools that are applied to a wide range of topics affecting the national and international economy.
Finance go.uow.edu.au/bcomm-fin SAMPLE CAREERS Cost adviser Financial systems adviser Equities research analyst Merchant banker Venture capitalist
Finance is the management of money. In practice, it incorporates maths, economics, statistics and accounting to provide a balanced view of money, the markets it works in, and the tools used to manage it. Modern finance is a combination of rigorous, scientific measurement and creative, practical problem-solving.
WHAT YOU STUDY You will study finance in depth, examining investment, financial markets, financial modeling and portfolio analysis. You will learn advanced statistical techniques for analysis and modeling, including the classical linear regression model, model diagnostics, univariate time series modelling and forecasting. You will explore corporate finance including financial strategies, security analysis and portfolio management.
Professional Recognition The Finance major is recognised by the Financial Services Institute of Australasia (FINSIA).
BUSINESS
9
Majors in the bachelor of commerce
Financial Planning go.uow.edu.au/bcomm-finplan SAMPLE CAREERS Business risk manager Insurance broker Financial adviser Fund manager
Financial planners must have an understanding not only of finance but also of accounting, management and marketing. Financial Planning is the design of specific financial outcomes that meet a client’s unique needs and objectives, given their financial resources and risk profile. Its broad approach is to fulfil clients’ total needs, incorporating investment planning, taxation and social services planning, retirement planning, risk planning and estate planning. Some financial planners specialise in particular fields such as superannuation, managed investment, personal risk insurance, investment advice, estate planning, personal financial needs or career planning.
WHAT YOU STUDY You will study a broad range of disciplines to give you the knowledge a financial planner needs. You will investigate securities and the market they operate in as well as theories of the market and the equilibrium prices of securities. You will learn how to assess investments, and the method for identifying the best financial product for a client, with particular attention to their risk profile. You will also learn the codes of conduct governing the financial planning industry and relevant regulatory frameworks.
Professional Recognition The Bachelor of Commerce (Financial Planning) covers a comprehensive range of specialist knowledge areas required by the Australian Securities and Investment Commission (ASIC) RG146. Depending on the programs selected, further study may be required to become fully compliant. This degree is also recognised by the Financial Services Institute of Australasia (FINSIA).
Human Resource Management go.uow.edu.au/bcomm-hrm SAMPLE CAREERS HR officer/manager HR consultant Industrial officer Recruitment officer/manager Remuneration officer/manager Training and development officer/manager
Human Resource Management (HRM) is concerned with finding the right staff for an organisation—and having employed them, looking after them so they want to stay and give their best to their jobs. If you prefer working with people, you might consider a career in human resource management. Rather than focusing solely on the economic bottom line, you will learn about motivational factors, social and individual wellbeing, human rights and ethics.
WHAT YOU STUDY You will learn about the people side of business operation by gaining a sound understanding of human resource management theories, including organisational behavior and strategic management, and how to apply these to your future career roles. This includes detailed study of theory and practices in key functional areas of HRM, including job planning, job design and analysis, recruitment and selection, training and development, salary and benefits, turnover and retention, change management, occupational health and safety (OHS) management and international HRM.
Professional Recognition The HRM major is accredited by the Australian Human Resources Institute. Students are eligible for membership of the Institute.
10 UNIVERSITY OF WOLLONGONG
International Business go.uow.edu.au/bcomm-intbus SAMPLE CAREERS Business intelligence analyst Exporter Importer International business analyst Trade logistics manager
International business gives you an awareness and understanding of business in other cultures and regions. You will gain an understanding of leadership, strategy, cultural diversity, communication and decision-making as they relate to contemporary international business issues. Major topics covered include financial management; employment relations; industry and trade in South East Asia; international marketing and management; and business in Europe.
WHAT YOU STUDY During this major, you will learn how to manage across cultural boundaries in an international business context, having gained knowledge on international human resource management and international trade environments. You will learn how to develop international marketing strategies that consider the socio-economic, legal, political, financial and cultural factors affecting regional markets, including strategic options for entry and expansion; and contemporary issues in multinational marketing. You will also gain a sound understanding on the workings of foreign exchange markets, and the effects of exchange rate policies and learn how to analyse the effect of commercial policies on the economic welfare of nations.
International Economics go.uow.edu.au/bcomm-intecon SAMPLE CAREERS Global strategy analyst International trade specialist Stock market regulator
The forces of globalisation are continuing to create new opportunities in the world economy for individuals who can understand and deal with the increasing complexities involved. International Economics is perfect for students who want to develop a sound understanding of the economic and social forces that are shaping the world economy.
WHAT YOU STUDY As well as detailed study in macroeconomic theory, you will learn international trade theory and explore economic development. International trade will be examined in terms of debt and growth, the effects of commercial policies on national welfare, and the interrelation of foreign exchange markets. The international economist also needs to understand how governments affect development and roles of savings, investments and public infrastructure. You can focus your degree further with elective subjects in areas including trade in East Asia, global economics or the foundations of the Australian economy.
Management go.uow.edu.au/bcomm-mgmt SAMPLE CAREERS Company manager Customer service coordinator Operations manager Procurement officer Strategic development executive Workforce planner
Management is the art and science of organising assets to reach a goal. Studying management you will learn how to interpret the procedures and systems used in an organisation to assess how individuals and the organisation as a whole can best operate. You will develop skills in decision-making, conflict resolution, administration and communication.
WHAT YOU STUDY You will study management from a range of perspectives, each aimed at expanding your management knowledge and future success in management roles. You will learn how to strategically manage both physical and intangible assets for organisational success. You will do this by gaining a sound understanding of the framework of organisational structures, including the local and international environments in which they operate. Final year subjects will have you identifying and analysing quality management systems, strategically managing risk and developing international business strategies.
BUSINESS
11
Courtney Butler Bachelor of Commerce (International Business, Marketing) Marketing Manager, Skydive the Beach and Beyond
“I always knew that I wanted to study Business, yet it was when I was an exchange student at the Goizueta Business School at Emory University, Atlanta USA that it became clear Marketing was what I wanted to do. I was part of a nationwide competition between six universities to come up with an integrated marketing campaign for Subaru of America. This experience went on to help me get an internship with Subaru of America in their Corporate Marketing department. “I would encourage every student to participate in the UOW Exchange program. It gives you an incredible advantage and a unique selling point when entering the job market. The opportunity to live and work in the US gave me so many amazing career opportunities, as well as the chance to make some fantastic friends for life.”
12 UNIVERSITY OF WOLLONGONG
Majors in the bachelor of commerce
Marketing go.uow.edu.au/bcomm-mktg SAMPLE CAREERS Sales and marketing coordinator Advertising executive Brand / product manager Market researcher Public relations coordinator / consultant
Marketing is a set of activities for creating, communicating, and delivering products and services, and facilitating relationships to deliver value better than competitors, for consumers, clients and society. Marketing is essential to all organisations including manufacturers, wholesalers, retailers, professional services firms including lawyers, accountants, and architects, and non-profit institutions such as charities and museums.
WHAT YOU STUDY You will be immersed in marketing, from understanding consumer wants and desires using market analytics and research, determining potential target markets, designing appropriate products and services, distributing them to the marketplace, and communicating the offerings to customers. You will learn about using creative advertising techniques to develop effective marketing communication campaigns, and determining product positioning and effective approaches to build customer satisfaction. You will also study how marketing can influence positive change in social behaviour.
Public Relations go.uow.edu.au/bcomm-pubrel SAMPLE CAREERS Event manager Media relations assistant Digital communication consultant Public relations coordinator Corporate communications consultant
If you are interested in managing information and relationships between individuals/ organisations and stakeholders/publics, love to write, and have good analytical skills, a career in public relations (PR) may be right for you. It covers a variety of subjects including business communication, PR strategies, corporate identity and branding, advertising and PR campaign management.
WHAT YOU STUDY You will learn how to identify and understand the attitudes and concerns of an organisation’s stakeholders or publics and how to communicate effectively with them via offline and online media, including social media. Key activities include the development and implementation of communication and reputation strategies, media relations and campaign plans, report construction, and strategic organisational responses. You can add value to what you are learning in this PR major by doubling it with a marketing, communications and media studies, or journalism major.
BUSINESS
13
Elizabeth Stefos Bachelor of Science (Geology) – Bachelor of Commerce (Supply Chain Management) Protected Vehicles Operations Unit for Thales Australia
“UOW is a special place, because it realises the importance of being able to apply theoretical knowledge to a real life career scenario. “The Business faculty encouraged me to look at ideas from different angles, and gave me the opportunity to put those ideas into practice. They employed me to create a business simulation tool called IDLE, which is now a compulsory third-year class. I developed my communication, problem-solving, and teamwork skills, and connected with a network of people filled with a wealth of knowledge. “Having work experience behind you when you graduate puts you in a whole other league to other graduates. This invaluable experience gave me the professional and personal experience to be prepared for a future and a career.”
14 UNIVERSITY OF WOLLONGONG
Majors in the bachelor of commerce
Quantitative Analysis in Economics go.uow.edu.au/bcomm-qaecon SAMPLE CAREERS Economic modeller Economic researcher Investment analyst Organisational economist Statistical analyst
Quantitative analysis is an evidence-based approach to estimating and forecasting how a modern economy works using complex computational and data analysis. This set of knowledge and skills will enable you to interpret and undertake advanced economic analysis for private sector firms and government agencies. Graduating with this major will make you highly employable in the national and international job market.
WHAT YOU STUDY You will learn about the major factors determining economic behaviour and evaluate how alternative macroeconomic policies can improve economic performance. You will analyse aggregate supply equilibrium in terms of wages, prices and employment. The problems of inflation and employment are considered alongside wages policies, with long term explanations of economic growth and associated policies also considered. This major will provide you with a sound understanding of consumer demand theory, compensated demand functions, production theory, models of market structure and the macroeconomics of an open economy. You will learn how to apply game theory as a tool for analysing a wide range of situations, including those within the social sciences and problems of strategic choice in duopoly markets.
Supply Chain Management go.uow.edu.au/bcomm-scmgmt SAMPLE CAREERS Demand analyst Logistic manager Materials controller
Supply chain management is concerned with the entire lifecycle of a product or service, from before it’s made, to how it is disposed of, and how it moves between every stage. As well as goods and services, supply chain managers analyse and manage information from the suppliers, through intermediaries, to the customer—and their customers, if your client is a business. It includes managing technical processes and systems: both within the firm between functions such as procurement, manufacturing and marketing; and between organisations such as manufacturers, distributors, wholesalers and retailers.
Procurement and compliance officer Sourcing manager
WHAT YOU STUDY You will gain an overall understanding of supply chain structures and develop an understanding of procurement and inventory management models, the role of enabling technologies within the supply chain, and performance measurements techniques. During this major, you will learn the principles and tools associated with ‘quality management’ and the relationships between e-commerce and supply chains. You will gain an understanding of total supply chain management and have opportunity to specialise in a number of areas such as logistics, operations, systems thinking, quality and supply chain strategies.
BUSINESS
15
Specialist joint TAFE programs and degrees We offer three specialist degrees that combine a UOW Bachelor of Commerce with a TAFE Advanced Diploma. They offer advanced vocational skills relevant and specific to these industries and require a fixed program of study. The first two years are a combination of TAFE and University study while the third year is University only. Upon successful completion of this degree, you will graduate with a Diploma from TAFE as well as a Commerce degree that identifies the area of specialisation: event management, hospitality or tourism.
Bachelor of Commerce (Event Management) go.uow.edu.au/bcomm-emgmt ATAR
Wollongong – 72
Shoalhaven – 70
Southern Sydney – 72
Duration
3 years
Starts
Autumn (February)
TAFE Award
Adanced Diploma in Event Management
LocationS
Wollongong (UAC 753640)
Shoalhaven (UAC 753642)
Southern Sydney (UAC 753641)
Events and festivals, charity fundraisers, conferences and concerts all form part of a multibillion-dollar worldwide industry. Event Management is the special branch of management that focuses on using managerial techniques to plan, organise and run these events.
CRICOS 068763F
Bachelor of Commerce (Hospitality Management) go.uow.edu.au/bcomm-hmgmt ATAR
Wollongong – 72
Duration
3 years
Starts
Autumn (February)
TAFE Award
Advanced Diploma in Hospitality
LocationS
Wollongong (UAC 753630)
The hospitality industry includes co-ordinating entertainment and recreation, accommodation and food services and forms an important part of many nations’ economies, including Australia. It is a highly dynamic industry that requires flexible, responsive managers to successfully guide businesses.
CRICOS 068764E
Bachelor of Commerce (Tourism Management) go.uow.edu.au/bcomm-intbus ATAR 72 Duration
3 years
Starts
Autumn (February)
TAFE Award
Advanced Diploma in Travel and Tourism Management
Location
Wollongong (UAC 753650)
CRICOS
068765D
16 UNIVERSITY OF WOLLONGONG
Tourism is a worldwide industry that continues to play an important part in both wealthy nations and developing economies. It can be in many ways the business of adventure, but is also building the global community and creating wealth at every level. The industry also supports a number of innovative specialist fields including eco-tourism and global volunteering.
Carolyn Townsend STEFFI CHUNG BACHELOR OF COMMERCE (HOSPITALITY)
“There are so many different areas in hotel management that we learn in the course, including food and beverage, reservations, management and marketing. The degree is an excellent balance between learning about business functions and practical operations. “I am also studying a Certificate III in Retail as I work as a manager in a popular restaurant chain. All of these skills and the knowledge I am acquiring are making me highly valued as an employee as I understand the reasons behind strategic business decisions.”
BACHELOR OF Commerce (Industrial Relations) Board of Directors RMHC Australia at Ronald McDonald House Charities Australia
Carolyn Townsend didn’t expect to spend her career as a volunteer when she began her Commerce degree, but after 12 years on the Board of Directors for the Ronald McDonald House, she still can’t get enough. “One of my lecturers at UOW once told me that you don’t ‘get’ a degree; you ‘take’ a degree. “You must use your passion to learn as much as you can, and put that into practice in the outside world. Taking that passion and applying it to what I do now is really important to me, as well as the business. “My advice to students is that uni is not just about passing—it’s about education. Do everything you can with it, it’s worth it.”
BUSINESS
17
LEARN MORE SEE US FOR YOURSELF: CAMPUS TOURS You don’t need to be a student at UOW to see firsthand why our campus is special and why we all love it here. UOW campus tours allow you to see our facilities and meet people doing what they do best. It’s your chance to check out UOW and ask as many questions as you like. Our free, hour-long tours are conducted by current UOW students, and run at 10 am and 3 pm every Friday throughout the year. Arrange a tour via phone on 1300 367 869 or book online at uow.edu.au/future
STUDENT ENQUIRIES Phone +61 2 4221 4478 Email business-enquiries@uow.edu.au business.uow.edu.au GENERAL ENQUIRIES uow.edu.au/future Within Australia: 1300 367 869 International: +61 2 4221 3218 uniadvice@uow.edu.au facebook.com/uowfuture
The University of Wollongong attempts to ensure the information contained in this publication is correct at the time of production (April 2014); however, sections may be amended without notice by the University in response to changing circumstances or for any other reason. Check with the University at the time of application/enrolment for any updated information. UNIVERSITY OF WOLLONGONG CRICOS: 00102E