dbbf – bachelor of applied finance

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 : peter.lennox@unisa.edu.au Phone: 8302 0004   Fax: 8302 0992

Any Questions?