I am a prospective
student, looking to study at
Duration3 years full-time or part-time equivalent up to 8 years maximum.3 years full-time.
Mode of deliveryFace to Face
Start datesSemester 1 (21 Feb 2022), Semester 2 (18 Jul 2022), Semester 1 (21 Feb 2022), Semester 2 (18 Jul 2022), Semester 1 (21 Feb 2022), Semester 2 (18 Jul 2022), Trimester 2 (9 May 2022), Trimester 3 (5 Sep 2022), Semester 1 (21 Feb 2022), Semester 2 (18 Jul 2022), Semester 1 (21 Feb 2022), Semester 2 (18 Jul 2022), Semester 1 (21 Feb 2022), Semester 2 (18 Jul 2022), Semester 1 (21 Feb 2022), Semester 2 (18 Jul 2022), Semester 2 (18 Jul 2022), Semester 1 (21 Feb 2022), Semester 1 (21 Feb 2022), Semester 2 (18 Jul 2022),
FeesFind information about indicative course and program fees.
English proficiencyIELTS overall minimum - 6.0, IELTS section minimum - 6.0 Find out more about IELTS.
CRICOS CodeCRICOS code: 001603J
Program Code40029
Selection Rank
N/A
65.00
76.65 (Median SR)
65.00
76.65 (Median SR)
N/A
N/A
Entry requirements

Admission to our undergraduate degree programs usually requires successful completion of a senior secondary school qualification similar to the Higher School Certificate (HSC), the highest educational award in New South Wales schools.

Program handbook

Description

The Bachelor of Commerce is your first step to becoming a fully qualified accountant or undertaking careers in finance and economics. You'll be exposed to industry-relevant areas of study including the opportunity to specialise in one of three major sequences: Accounting; Economics; or Finance. As accountancy and financial management are at the very heart of all organisations, you will find commerce is a field offering enormous scope and opportunity.


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.
  • 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 at23 Sep 2021 3:35 am
Program code40029
AQF level

Level 7 Bachelor Degree

Locations and UAC codes
Mode of delivery
  • Face to Face
Duration
  • Australian students - 3 years full-time or part-time equivalent.
  • International students - 3 years full-time.
Selection Rank
LocationSelection RankMedian
Ourimbah65.0076.65
Newcastle City Precinct65.0076.65

Find out more about Selection Ranks

Assumed knowledgeHSC Mathematics or equivalent
Term typeSemesters and Trimesters
Fees
  • International students - AUD30,735 (indicative annual fee, 2021)
    Indicative annual fees are based on a full year full time load (80 units) Find out more about fees
Relevant University rules and policies
CRICOS Code001603J

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Admission information

Admission requirements

Admission to this program is available to Australian students, residents and international students.  Admission information for Australian students and residents is available from http://www.newcastle.edu.au/future-students. Admission information for international students can be found at http://www.newcastle.edu.au/international/study-with-us/how-to-apply.

During the admission process adjustment factors may be applied to your Selection Rank. Please visit our website to see if you are eligible.

Minimum English language proficiency requirements

All Applicants must demonstrate that they meet the University’s English proficiency requirement. Further information regarding English language proficiency requirements can be found at the English Language Proficiency for Admission Policy here.

Applicants for this program must satisfy a minimum English Language Proficiency Standard equivalent to an IELTS overall minimum of 6.0 with no subtest result below 6.0.


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.


Professional recognition

Association of Chartered Certified Accountants (ACCA)

Exemptions may apply for the Association of Chartered Certified Accountants (ACCA)  for students who complete the Bachelor of Commerce (Accounting major)

Association of International Accountants

The Association of International Accountants (AIA) is a global body for professional accountants. They aim to create world class accountants; through offering high-standard, relevant and innovative qualifications, and providing first-class, tailored and pertinent services for their members around the world. The AIA qualification is recognised in over 30 countries worldwide. Qualification of full-membership requires completion of the AIA examinations plus three years relevant work experience.

Exemptions from selected examinations may be awarded to University of Newcastle graduates who have completed the Bachelor of Commerce degree program with a focus on Accounting. For specific information regarding exemptions please refer to the AIA Database at: www.aiaworldwide.com

Australian Securities and Investment Commission

Students may also be able to gain accreditation with the Australian Securities and Investment Commission (ASIC) with regard to various education and knowledge requirements under RG146. The suite of courses meet the various RG146 knowledge requirements as they stood at 2012 and as the requirements continue to be under review by ASIC it is assumed that the courses continue to meet those knowledge area requirements. Consequently, students need to convey such information to prospective employers (and the employers then need to respond with acceptance or that they require further evidence). For more details see: http://www.asic.gov.au/online-services/search-asics-registers/asics-training-register/asics-training-register-search-results/training-registers/bachelor-of-commerce-finance-2/

Certified Practising Accountants Australia

Students must complete the units set out in the CPA and CA Australia and New Zealand accreditation requirements in order to meet the academic requirements for Associate membership of CPA Australia and enrolment in the CPA Program, and for enrolment in the Chartered Accountants Program of CA Australia and New Zealand. For further information see the document in the Additional Information section or go to CPA Australia at https://www.cpaaustralia.com.au/ or CA Australia and New Zealand at http://www.charteredaccountants.com.au/

Note: For accountancy accreditation courses please click here.


Academic requirements for program completion

Total units required

240 units

Program duration

3 years full-time or part-time equivalent up to 8 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

To complete the program, students must pass courses totalling 240 units (generally made up of 24 courses worth 10 units each). The academic program has three distinct components: core courses, a major sequence and elective courses.

To satisfy the requirements for the Bachelor of Commerce program you must complete:

  • A total of, but no more than, 240 units (generally made up of 24 courses worth 10 units each)
  • No more than 100 units at the 1000 (first year) level
  • Between 40 and 100 units at the 2000 (second year) level and 3000 (third year) level
  • The Core Bachelor of Commerce courses must be completed by all students and consists of eighty (80) units of prescribed courses. All core courses are at the first year (1000) level.
  • The Compulsory and Directed courses for at least one major sequence.
  • The remaining units (electives) can be chosen from any discipline area within the University. You may utilise your electives to undertake a double major. You must ensure that each major has 60 units of unique courses.
  • Students who are interested in undertaking Honours and/or thosing wishing to enhance their quantitative/econometric skills may choose ECON2003 Introductory Econometrics as an elective.

Some core courses count towards specific majors as listed below.

ACFI1001 - Accounting, Finance majors

ACFI1002 - Accounting, Finance majors

ECON1001 & ECON1002 - Economics major

Please note that some courses within the major sequences may require additional assumed knowledge other than the compulsory courses in the major.

Not all major sequences are located at each location.

Students may study 40 units of courses which comprise a minor (see additional information at: http://www.newcastle.edu.au/__data/assets/pdf_file/0004/335452/Bachelor-of-Commerce-Minor-areas-of-Study.pdf .) When you have successfully completed your program, your transcript will specify completed major/s but will not specify completed minors.

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 plans

Download a program plan from the list below for the year/term that you commenced or transitioned into this program.

The Program Plan provides information on the structure and rules of your program. Used in conjunction with your Program Handbook, it is designed to be used as an enrolment guide.

You can track your progress by ticking off the courses you have completed and plan your current and future enrolment.

Additional documents


Transition arrangements

Changes to Core Courses - 2021

Prior to 2021 students were required to complete 70 units of Core courses and 10 units of Core Directed courses toward the Bachelor of Commerce. From Semester 1, 2021 onward, students are required to complete 80 units of Core courses toward the Bachelor of Commerce (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 or STAT1070 Statistics for the Sciences as a Core Directed course prior to 2021 will continue to count ECON1003 or STAT1070 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 or STAT1070.

Program structure

Students are advised to read their program handbook information in conjunction with the program plans for course sequence/enrolment advice. Please refer to the Program Plan for the year that you commenced, or transitioned into, this program - Program Plans are available above.

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 all core courses

CodeTitleTerm / Location Units
ACFI1001Accounting for Decision Makers
  • Semester 1 - 2021 (Central Coast)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Semester 1 - 2021 (UNCIE)
  • Trimester 2 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
  • Degree Transfer Term 3 2021 (UNCIE)
10 units
ACFI1002Accounting Practice
  • Trimester 1 - 2021 (Singapore)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
  • Semester 2 - 2021 (Newcastle City Precinct)
  • Semester 2 - 2021 (UNCIE)
10 units
ACFI1003Introduction to Finance
  • Trimester 1 - 2021 (Singapore)
  • Semester 2 - 2021 (UNCIE)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Semester 1 - 2021 (UNCIE)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ECON1001Microeconomics for Business Decisions
  • Semester 1 - 2021 (Central Coast)
  • Trimester 1 - 2021 (Singapore)
  • Degree Transfer Term 3 2021 (UNCIE)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Semester 1 - 2021 (UNCIE)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ECON1002Macroeconomics in the Global Economy
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Semester 2 - 2021 (UNCIE)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
LEGL1001Foundations of Law
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 1 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
  • Semester 1 - 2021 (UNCIE)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
10 units
MNGT1001Introduction to Management
  • Semester 1 - 2021 (Central Coast)
  • Trimester 1 - 2021 (Singapore)
  • Degree Transfer Term 3 2021 (UNCIE)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
  • Semester 2 - 2021 (UNCIE)
10 units
STAT1060Business Decision Making
  • Semester 1 - 2021 (Central Coast)
  • Trimester 1 - 2021 (Singapore)
  • Semester 2 - 2021 (UNCIE)
  • Degree Transfer Term 3 2021 (UNCIE)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units

Accounting Major

Compulsory Courses

Complete the following compulsory courses to fulfill the requirements of this major

CodeTitleTerm / Location Units
ACFI2003Management Accounting
  • Trimester 1 - 2021 (Singapore)
  • Semester 1 - 2021 (Central Coast)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
10 units
ACFI2011Financial Accounting for Reporting Entities
  • Trimester 1 - 2021 (Singapore)
  • Semester 1 - 2021 (Central Coast)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ACFI3001Accounting Theory
  • Semester 1 - 2021 (Central Coast)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ACFI3004Taxation
  • Summer 1 - 2021 (Newcastle City Precinct)
  • Trimester 1 - 2021 (Singapore)
  • Semester 1 - 2021 (Central Coast)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
10 units
ACFI3005Auditing and Assurance
  • Trimester 1 - 2021 (Singapore)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ACFI3009Contemporary Accounting Issues
  • Trimester 1 - 2021 (Singapore)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
Elective Courses

Students majoring in accounting may wish to choose the courses from the list below as electives:

CodeTitleTerm / Location Units
ACFI2004Advanced Management Accounting
  • Trimester 1 - 2021 (Singapore)
10 units
ACFI2012Accounting for Corporate Entities
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
LEGL2002Law of Business Organisations
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
  • Semester 2 - 2021 (Central Coast)
10 units
ACFI3008Financial Analysis and Valuation
  • Semester 1 - 2021 (Newcastle City Precinct)
10 units
ACFI3070Issues in Taxation
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
LEGL3005Concepts and Issues in Property and Commercial Law
  • Semester 2 - 2021 (ONLINE)
10 units

Economics Major

Compulsory Courses

Complete the following compulsory courses to fulfill the requirements of this major

CodeTitleTerm / Location Units
ECON2001Intermediate Microeconomics
  • Semester 1 - 2021 (Newcastle City Precinct)
10 units
ECON2002Intermediate Macroeconomics
  • Trimester 1 - 2021 (Singapore)
  • Trimester 2 - 2021 (Singapore)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ECON3008International Macroeconomics
  • Semester 1 - 2021 (Newcastle City Precinct)
10 units
Directed Courses

Complete 30 units from the directed courses

CodeTitleTerm / Location Units
BUSN3001Project in Business
  • Semester 2 - 2021 (UTCC)
10 units
ECON3003Global Trade and Finance
  • Trimester 1 - 2021 (Singapore)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 2 - 2021 (Singapore)
10 units
ECON3005Economics of Entrepreneurship and InnovationNot currently offered10 units
ECON3006Environmental Economics
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ECON3009Urban Property Economics
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
Elective Courses

Students interested in pursuing further study in economics may wish to choose the courses from the list below as electives.

CodeTitleTerm / Location Units
ECON2003Introductory EconometricsNot currently offered10 units
ECON2004Money and BankingNot currently offered10 units
ECON2005Economics of Sports and EntertainmentNot currently offered10 units

Finance Major

Compulsory Courses

Complete the following compulsory courses to fulfill the requirements of this major

CodeTitleTerm / Location Units
ACFI2070Business Finance
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Trimester 3 - 2021 (Singapore)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ACFI2080Corporate Finance
  • Semester 1 - 2021 (BINUSUNI)
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ACFI3130Derivative Securities
  • Semester 1 - 2021 (BINUSUNI)
  • Semester 1 - 2021 (Newcastle City Precinct)
10 units
Directed Courses - Group A

Students must complete 20 units of courses from the Group A Directed course list

CodeTitleTerm / Location Units
ACFI3006Personal Financial Planning
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ACFI3008Financial Analysis and Valuation
  • Semester 1 - 2021 (Newcastle City Precinct)
10 units
ACFI3140International Finance
  • Semester 1 - 2021 (BINUSUNI)
  • Semester 1 - 2021 (Newcastle City Precinct)
10 units
ACFI3190Financial Institutions Risk Management
  • Semester 1 - 2021 (BINUSUNI)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
Directed Courses - Group B

Students must complete 10 units of courses from the Group B Directed course list.

CodeTitleTerm / Location Units
ACFI3018Portfolio Management
  • Semester 1 - 2021 (Newcastle City Precinct)
  • Semester 2 - 2021 (Newcastle City Precinct)
10 units
ACFI3019Funds Management
  • Semester 1 - 2021 (Newcastle City Precinct)
10 units

Suggested electives

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. However, the Faculty suggests the following course options that may complement your program or major.

A full list of courses that are available to study as an elective can be found in the course handbook.

CodeTitleUnits
BUSN3001Project in Business10 units
BUSN3002Industry Placement10 units
ESLA2000Academic English for International Students10 units
INFO1010Introduction to Information Systems10 units
INFT2150Business Analysis10 units

Honours

Honours is available to students as a separate program with a durationof one year full-time (or part-time equivalent) to those who meet the entry requirements. For more information about Honours please follow the link below:

http://www.newcastle.edu.au/degrees/bachelor-of-commerce-honours/handbook

 


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.

The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.