For more information about studying the Bachelor of Commerce / Bachelor of Innovation and Entrepreneurship
Program handbook
Description
The Bachelor of Commerce/Bachelor of Innovation and Entrepreneurship (BCom/BIE) is a 320 unit Bachelor degree. Students must complete 180 units of core courses, the one major, and electives. The program is designed to provide students with an understanding of the processes, risks, rewards, motivations and societal impacts of innovation and entrepreneurship within regional, national and global perspectives. It aims to develop and inspire individuals interested in creating innovative futures that influence markets, economies and communities. It is a multi-disciplinary program that appeals to people from all backgrounds. The majors provide students with additional knowledge and skills in accounting, economics and finance.
Program learning outcomes
On successful completion of the program students will have:
- Effective oral and written communication skills.
- Effective skills to work independently and in teams.
- Critical thinking and analytical problem-solving skills.
- Knowledge of theory, models and concepts relevant to Accounting or Finance or Economics or Actuarial Studies and Risk Management and Entrepreneurship and Innovation.
- Proficiency in the utilization of information and technology in business.
- Business skills that incorporate understanding of ethical, economic, regulatory and global perspectives.
Details
| Information correct as at | Apr 20, 2024 11:05 am |
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| Program code | 40017 |
| AQF level | Level 7 Bachelor Degree |
| Mode of delivery |
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| Duration |
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| Selection Rank | |
| Term type | Semesters |
| Fees |
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| Relevant University rules and policies |
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| CRICOS Code | 088922G |
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Credit transfer
If you wish to apply for credit for studies completed at another institution, or if you are changing programs within the University and wish to transfer your credit to the new program, visit the University's credit website for more information on applying for credit.
Academic requirements for program completion
Total units required
320 units
Program duration
4 years full-time or part-time equivalent up to 10 years maximum.
International students studying this program on campus are required to enrol full time to comply with their student visa requirements and complete their study in the standard minimum program duration. International students requiring enrolment advice should review the program plan corresponding to the semester and year of commencement and can contact their Program Advisor at ProgramAdvice@newcastle.edu.au
Program requirements
The Bachelor of Commerce/Bachelor of Innovation and Entrepreneurship requires students to successfully complete 320 units, which is comprised of:
- 180 units of core courses.
- One 60 unit Commerce major (20 units of Core courses also count towards the major for a total of 80 units);
- 10 units from the Career-ready placement course list;
- 70 units of electives.
Students must not exceed a maximum of 100 units at any level in each of the component programs.
Students must only complete courses that form part of the program and must not complete more than 320 units.
Majors
Students must complete at least one major sequence to fulfil the requirements of their program. Some core courses also count towards specific majors as listed below.
Students may utilise their elective courses to undertake a double major. Students must ensure that each major has 60 units of unique courses.
Accounting
Core courses ACFI1001 and ACFI1002 count towards this major. To fulfil the requirements of this major, students must complete 60 units of compulsory course.
Economics
Core courses ECON1001 and ECON1002 count towards this major. To fulfil the requirements of this major, students must complete 30 units of compulsory courses and 30 units of from the course list.
Finance
Core courses ACFI1001 and ACFI1002 count towards this major. To fulfil the requirements of this major, students must complete 30 units of compulsory courses and 30 units of from the course list (students must complete 20 units of courses from Group A course list and 10 units of courses from Group B course list).
Greater Bank Finance Lab - Located on level one of the University’s new state of the art CBD vertical campus, NUspace, the Greater Bank Finance Lab is a hands-on learning environment, enabling University of Newcastle Business School students to build their skills in financial decision making, risk management and economic systems, before they graduate.
Program planner
Current students program planner
Current students can plan their program using Program Planner.
Prospective student degree planner
If you're a prospective student considering studying this degree take a look at My Degree Planner to see what your study journey will look like.
Additional documents
- 2023 Transition Arrangements 123.2 KB
- B Commerce B Innovation and Entrepreneurship Minor Areas of Study 85.3 KB
- Bachelor of Commerce CPA and CA Approved Accreditation Requirements 122.1 KB
Transition arrangements
Program Revisions 2023
From Semester 1, 2023 the Bachelor of Commerce/Bachelor of Innovation and Entrepreneurship program has been revised to remove 10 units of electives, which has been replaced by a 10 unit Career-ready placement course.
Students who commenced prior to 2023 will not be required to undertake 10 units from the Career-ready placement course list and will retain 10 units of electives. Continuing students may choose to take a course from the Career-ready placement course list as an elective.
Any further questions should be directed to your program advisor.
Program Revisions 2021
Prior to 2021 students were required to complete 170 units of Core courses and 10 units of Core Directed courses toward the Bachelor of Commerce/Bachelor of Innovation and Entrepreneurship. From Semester 1, 2021 onward, students are required to complete 180 units of Core courses (STAT1060 Business Decision Making added to Core course list). The Core Directed course requirement has been removed. Transition arrangements are as follows:
- Students who have completed ECON1003 Basic Econometrics and Quantitative Modelling as a Core Directed course prior to 2021 will continue to count ECON1003 toward their program and are not required to complete STAT1060.
- Students who have not completed a Core Directed course prior to 2021 will complete STAT1060 Business Decision Making as a Core course toward their program and are not required to complete ECON1003.
Program structure
Students can plan their program using Program Planner. It is recommended students review the program handbook in conjunction with using Program Planner.
Advanced course filters
Courses that are currently unavailable are hidden by default. You can show them by adjusting the advanced course filters above, or clicking the 'show all' links below each section.
Core Courses
Complete the following core courses to fulfil the requirements of this program. | |||
|---|---|---|---|
| Code | Title | Term / Location | Units |
| ACFI1001 | Accounting for Decision Makers |
| 10 units |
| ACFI1002 | Accounting Practice |
| 10 units |
| ACFI1003 | Introduction to Finance |
| 10 units |
| ECON1001 | Microeconomics for Business Decisions |
| 10 units |
| ECON1002 | Macroeconomics in the Global Economy |
| 10 units |
| LEGL1001 | Foundations of Law |
| 10 units |
| MKTG1001 | Foundations of Marketing |
| 10 units |
| MNGT1001 | Introduction to Management |
| 10 units |
| MNGT1002 | Introduction to Entrepreneurship and Innovation |
| 10 units |
| STAT1060 | Business Decision Making |
| 10 units |
| MNGT2002 | Business Venturing |
| 10 units |
| MNGT2004 | Managing Innovation |
| 10 units |
| MNGT2005 | Leadership and Ethics |
| 10 units |
| MNGT2007 | Ideation in Enterprise |
| 10 units |
| MNGT3007 | Social Entrepreneurship |
| 10 units |
| MNGT3008 | Advanced Innovation Management |
| 10 units |
| MNGT3009 | Business Development and Growth |
| 10 units |
| MNGT3016 | Innovation and Entrepreneurial Strategy |
| 10 units |
Majors
Choose one major from the following to fulfil the requirements of this program.
Accounting
| Compulsory | |||
|---|---|---|---|
| Code | Title | Term / Location | Units |
| ACFI1001 | Accounting for Decision Makers |
| 10 units |
| ACFI1002 | Accounting Practice |
| 10 units |
| ACFI2003 | Management Accounting |
| 10 units |
| ACFI2011 | Financial Accounting for Reporting Entities |
| 10 units |
| ACFI3001 | Accounting Theory |
| 10 units |
| ACFI3004 | Taxation |
| 10 units |
| ACFI3005 | Auditing and Assurance |
| 10 units |
| ACFI3009 | Contemporary Accounting Issues |
| 10 units |
Economics
| Compulsory | |||
|---|---|---|---|
| Code | Title | Term / Location | Units |
| ECON1001 | Microeconomics for Business Decisions |
| 10 units |
| ECON1002 | Macroeconomics in the Global Economy |
| 10 units |
| ECON2001 | Intermediate Microeconomics |
| 10 units |
| ECON2002 | Intermediate Macroeconomics |
| 10 units |
| ECON3008 | International Macroeconomics |
| 10 units |
| Course List | |||
|---|---|---|---|
Complete 30 units from the following course list. | |||
| Code | Title | Term / Location | Units |
| BUSN3001 | Project in Business | Not currently offered | 10 units |
| ECON3003 | Global Trade and Finance |
| 10 units |
| ECON3006 | Environmental Economics |
| 10 units |
| ECON3009 | Urban Property Economics |
| 10 units |
| ECON3011 | Introduction to Health Economics and Finance |
| 10 units |
Finance
| Compulsory | |||
|---|---|---|---|
| Code | Title | Term / Location | Units |
| ACFI1001 | Accounting for Decision Makers |
| 10 units |
| ACFI1002 | Accounting Practice |
| 10 units |
| ACFI2070 | Business Finance |
| 10 units |
| ACFI2080 | Corporate Finance |
| 10 units |
| ACFI3130 | Derivative Securities |
| 10 units |
| Course List | |||
|---|---|---|---|
Students must complete 30 units from the following course list. | |||
| Code | Title | Term / Location | Units |
| ACFI3006 | Personal Financial Planning |
| 10 units |
| ACFI3008 | Financial Analysis and Valuation |
| 10 units |
| ACFI3018 | Portfolio Management |
| 10 units |
| ACFI3019 | Funds Management | Not currently offered | 10 units |
| ACFI3140 | International Finance |
| 10 units |
| ACFI3190 | Financial Institutions Risk Management |
| 10 units |
Career-ready placement Course List
Choose 10 units from the following course list to fulfil the requirements of the program. | |||
|---|---|---|---|
| Code | Title | Term / Location | Units |
| BUSN3002 | Industry Placement |
| 10 units |
| BUSN3500 | International Work Placement in Business |
| 10 units |
Electives
| Electives 70 unit requirement | |
|---|---|
Complete 70 units of electives to fulfil the requirements of the program. Electives can be used to extend and complement your core studies with more courses in the same field of study, or from areas that might be of interest to you. Electives can be chosen from all courses available at the University that do not have any other conditions (such as a course requisite) applied to them. | 70 units |
Suggested electives
A full list of courses that are available to study as an elective can be found in the course handbook.
| Code | Title | Units |
|---|---|---|
| LEGL3005 | Concepts and Issues in Property and Commercial Law | 10 units |
Honours
Honours is available to students as a separate program with a duration of one year full-time (or part-time equivalent) to those who meet the entry requirements. Further information regarding the Bachelor of Commerce (Honours) program.
Additional information
Through the Pathways and Academic Learning Support Centre, students can access a free suite of NUPrep preparation courses as well as Academic Learning Support.
Aboriginal and Torres Strait Islander students can draw on the assistance and support provided by the Indigenous Student Support and Development service through the Wollotuka Institute.
International students
All International Students enrolled in the program will be provided with an orientation to familiarise them with the rules, expectations, facilities and services offered by the University. Please visit our International Students website to find out more about the support services available to international students.
Additional support
AccessAbility provides advice and reasonable adjustments to Students with a medical or health condition or disability. If you require adjustments to undertake your program, contact the Student Support Advisors - AccessAbility before semester or early in the semester. They will work with the College or School to ensure that this happens in a timely manner.
Please note: All students must fulfil the inherent requirements of the programs and courses they are undertaking. While reasonable adjustments can be made, these adjustments cannot compromise academic integrity. It is the student's responsibility to check all the requirements of courses, and consider the effects of any medical condition or disability on their ability to complete course requirements. More information is available online.
Bachelor of Commerce / Bachelor of Innovation and Entrepreneurship
UAC Code , Program Code 40017
CRICOS Code , Program Code 40017
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