Bachelor of Business with a Major in Accounting and Finance

Financial Management

Examine the fundamentals of corporate finance and the role finance plays within corporate management.

Management Accounting

Learn technical skills required to analyse information that supports decisions which enhance both customer and shareholder values.

Analysis for competitive advantage: Examine the role of management accounting in solving real world business problems.

Finance Law

Understand the laws of financial regulations and how they impact the provision of financial services to retail and wholesale clients in Australia.

Ethics & International Finance

Learn to navigate the technology-driven environment of international finance, as well as ethical values and principles.

Management of Investment Portfolios

Apply investment knowledge in allocating assets to a portfolio.

On successful completion of this Course students will be able to:

1. Define and integrate theoretical principles applicable to accounting and finance and apply those principles in a range of practices.
2. Systematically review and critically evaluate research from a variety of sources in order to make informed judgements on options for innovatively solving a range of problems that arise in business contexts.
3. Formulate creative solutions that are fit for purpose and demonstrate cognisance of the impact of business decisions on the triple bottom line.
4. Coherently articulate a line of reasoning demonstrating cultural sensitivity and apply a framework to analyse and offer solutions to ethical dilemmas.
5. Communicate a range of business arguments by evaluating and implementing alternative communication strategies as appropriate to the audience.
6. Build on and continuously develop the intellectual independence to be critical and reflective learners, cognisant of new technologies.
7. Work collaboratively in diverse groups.

Master the key skills to help people and organisations reach their financial goals, with a focus on doing it sustainably and utilising the latest in financial software. In this course taught by financial experts, you’ll pair expertise in managing risks and advocating for your clients with knowledge of emerging financial trends including cryptocurrency and blockchain analysis.

The major in Accounting and Finance will see you team up with your peers to work on a consulting project with a live client, using cutting-edge financial programming software, such as Python, Tableau and Xero. Be set up to make meaningful decisions for future organisations and clients with experience in key, industry-specific software.

Recommended study pattern

A total of 24 units are taken to complete the Bachelor of Business with a major in Accounting and Finance, including seven business fundamental units, the choice of one of two core business practice units, and 16 Accounting and Finance major units. You'll collaborate with your peers and solve real business problems, giving you the confidence to step into the workforce with practical experience.

Core Business units

• Learning and Communicating for Innovative Business Practice (COM10011)
• Contemporary Management Principles (MGT10001)
• Marketing and the Consumer Experience (MKT10009)
• Financial Information for Decision-Making (ACC10007)
• Economics for Business Decision-Making (ECO10005)
• Business Digitalisation (INF10024)
• Business Consulting Project (BUS30032)

Core Practice Business units

And a choice of one unit from:

• Planning for Career Success (CAR10001)
• Sustainable Business Practice (BUS30031)

Accounting and Finance Major units

• Business for Sustainability, Social Change and Impact (BUS10014)
• Financial Information Systems (ACC10008)
• Financial Statistics (FIN10002)
• Management Accounting for Planning and Control (ACC20007)
• Financial Management (FIN20014)
• Company Accounting (ACC20013)
• Taxation (ACC30005)
• Auditing (ACC30010)
• Accounting Theory (ACC30008)
• Law of Commerce (ACC30008)
• Ethics and International Finance (FIN20016)
• Financial Crime Analysis (ACC30003)
• Alternative Investments (FIN30020)
• Financial Risk Management (FIN30014)
• Management of Investment Portfolios (FIN30016)
• Fixed Income and Debt Markets (FIN30021)

Award requirements

To qualify for the award of Bachelor of Business (Accounting and Finance) students must complete 300 credit points comprising of:

• Eight [8] core units of study (100 credit points)
• Sixteen [16] units of study from the Accounting and the Finance discipline major (200 credit points).

A unit of study can only be counted once. Where there are overlaps between majors and/or minors, students in the first instance choose another unit from the list of units available in the major/minor.

Open Universities Australia is a not-for-profit organisation. You will not pay any fees for using our services.

Indicative total fee $50,976

The amounts shown here are indicative for an Australian citizen studying full-time, which is typically 8 subjects per year.

Fees may vary depending on:

• the subjects you choose
• credit from previous work experience
• your eligibility for government funding loans or subsidies such as HECS-HELP or a Commonwealth supported place.

To learn more, go to Fees or contact a student advisor.

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Completion or partial completion of an approved tertiary qualification (including diplomas, advanced diplomas, associate degrees and degrees). Additional performance criteria and prerequisite requirements may also apply.

Diploma entry pathways

Pathways allow students to progress from one qualification to another where the first course is recognised as an entry requirement and provides advanced standing to the second.

Credit available may vary depending on the major selected within any given degree but in most instances you may receive up to 8 unit credits.

Our Course Consultants will step you through the process of entry and credit using previous study.

2022 Guaranteed Entry ATAR: 60.

Successful completion of the Victorian Certificate of Education (VCE) or its equivalent, such as an interstate or international Year 12 qualification.

VCE prerequisites:

• Units 3 and 4: a minimum study score of 25 in English (or equivalent) or 30 in English (EAL).

Applicants without a formal qualification but with significant and relevant work experience and appropriate English language skills, or a suitable Special Tertiary Admissions Test (STAT) result, will be considered if they can demonstrate that they can undertake the course with a reasonable prospect of success.

Credit transfer

Credit is granted in recognition of previous study and/or experience and allows students to gain advanced standing towards their course. Applicants are assessed on a case-by-case basis. Speak to a Course Consultant about applying for credit.

Applicants who have completed a Diploma in a related discipline may be eligible for credit of up to 8 units; the equivalent of a third of the course. Students admitted to the course with prior tertiary studies that satisfy part of the academic requirements of this course may be eligible for academic credit of up to 16 units.

Recognition of Prior Learning

Recognition of Prior Learning (RPL) allows students to gain credit (advanced standing) towards their course in recognition of skills and knowledge gained through work experience, life experience and/or formal training. Applicants are assessed on a case-by-case basis. Speak to a Course Consultant about applying for RPL.