Global Utilities

La Trobe University
University Handbook 2010

Courses and programs offered

Bachelor of Business (LBB)

Admission requirements

Admission requirements are completion of VCE units 3 and 4 of English (any) with a minimum study score of 20 and completion of subjects 1 and 2 of General Mathematics or Mathematical Methods. Applicants with comparable qualifications will be considered. A limited number of students may also be considered under Special Entry Schemes.

Course structure

The Bachelor of Business is offered at five of the Victorian campuses of La Trobe University: Albury-Wodonga, Bendigo, Melbourne (Bundoora), Mildura, and Shepparton. This course is also offered in association with partner organisations at other sites in Australia and overseas. In Australia, the Bachelor of Business is offered by the Australian Campus Network in Sydney. It is also offered in France, Malaysia, and Vietnam (see below).

The structure of the 24-subject degree program enables students to complete a core of ten core foundation subjects, followed by one seven-subject major or two four-subject minors.

Majors offered by campus

Majors \ Campuses BU AW BE MI SH
Accounting BAcc BAcc BAcc BAcc BAcc
Business Economics Yes
Financial Planning Yes
Financial Management Yes
Human Resource Management Yes Yes Yes
International Business BIntBus Yes
Macroeconomics Yes
Management Yes Yes Yes
Business Information Systems Yes
Marketing Yes Yes Yes Yes
Sustainable Resource Management Yes
Minors \ Campuses BU AW BE MI SH
Business Information Systems Yes
Business Law Yes
Business Models and Forecasting Yes
Corporate Finance Yes
Development Yes
Economics Yes Yes
Environmental & Resource Management Yes
Financial Planning Yes
Financial Services Yes
Forensic Accounting Yes
Human Resource Management Yes Yes Yes
Industrial Economics and Competition Policy Yes
International Business Yes
International Trade and Finance Yes
Macroeconomics Yes
Management Yes Yes Yes Yes Yes
Management Accounting and Control
Marketing Yes Yes Yes Yes
Microeconomics Yes
Public Sector Accounting and Management Yes
Sport and Leisure Management Yes
Sustainable Resource Management Yes

Notes: Accounting at Albury-Wodonga, Bendigo, Melbourne (Bundoora), Mildura and Shepparton is offered as a separate degree: Bachelor of Accounting. International Business is offered at Melbourne (Bundoora) and ACN as a separate degree: Bachelor of International Business.

External programs are offered at the following campuses: Australian Campus Network; Sydney, Hanoi University, Vietnam (HANU).

Degree requirements

Students must complete a course of subjects accumulating a minimum total of 360 credit points, of which at least 255 must be subjects offered in the Faculty of Law and Management. The course is designed to be completed within three years of full-time study, although part-time study is possible. Maximum course duration is 7 years.

Students should undertake 120 credit points at each year level, and must undertake at least 120 credit points at third year level including 90 credit points at third year level from the Faculty of Law and Management. Variations to this structure are subject to approval by a Faculty of Law and Management course adviser.

The degree is designed to allow completion of one major or two minors and elective subjects. The primary major or two minors must be in a business discipline. A business major will consist of seven subjects. A business minor will consist of 4 subjects. Outside majors may include a language specialisation or other pre-approved sequences. Details can be obtained from the Student Services Office in the Faculty of Law and Management.

Melbourne (Bundoora) Campus program

Students must pass compulsory and elective subjects listed below. All subjects are worth 15 credit points.

First year
Teaching
Period
Subject title Subject code
TE-SEM-1 or
TE-SEM-2
Accounting for Management Decisions ACC1AMD
TE-SEM-1 or
TE-SEM-2
Foundations of Management MGT1FOM
TE-SEM-1 or
TE-SEM-2
Introductory Statistics for Business ECO1ISB
TE-SEM-1 or
TE-SEM-2
Macroeconomics ECO1IMA
TE-SEM-1 or
TE-SEM-2
Management Information Systems BUS1MIS
TE-SEM-1 or
TE-SEM-2
Microeconomics ECO1IMI
TE-SEM-1 or
TE-SEM-2
Foundations of Marketing MKT1FMK
TE-SEM-1 Sustainability in Global Business* ECO1SGB

* Alternatively students may substitute Climate, Sustainability and Society (ENV1CSS)

Second year
Teaching
period
Subject title Subject code
TE-SEM-1 or
TE-SEM-2
Three second year School of Business subjects according to chosen major
TE-SEM-1 or
TE-SEM-2
Three second year elective subjects
TE-SEM-1 or TE-SEM-2 Business Law LST2BSL
TE-SEM-1 or TE-SEM-2 Finance** FIN2FIN

** Alternatively students may substitute Business Finance (ACC3BF)

Third year
Teaching
period
Subject title
TE-SEM-1 or
TE-SEM-2
Six third year Faculty of Law and Management subjects
TE-SEM-1 or
TE-SEM-2
Two third year elective subjects

Majors

Business Economics Major
Subject title Subject code
Introduction to Quantitative Analysis ECO2IQA
Macroeconomic Theory ECO2MAT
Microeconomic Theory ECO2MIT
Plus four of:
Business Analysis and Simulation ECO3BAS
Competing Approaches in Contemporary Economics ECO3CAE
Cost Benefit Analysis ECO3CBA
Decision Analysis with Spreadsheets ECO3DAS
Economics of Sport ECO3EOS
Health Economics ECO3HEC
Industrial Organisation ECO3IND
Industrial Relations ECO3IRE
International Trade ECO3ITR
An approved subject relevant to the major

Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Financial Planning Major
Subject title Subject code
Introduction to Quantitative Analysis ECO2IQA
Financial Instruments FIN2FII
Financial Planning FIN2FPL
Retirement and Estate Planning FIN3REP
Case Studies in Financial Planning FIN3CFP
Plus two of:
Financial Risk Management FIN3FRM
Investment & Portfolio Management FIN3IPM
International Financial Management FIN3IFM
Security Valuation FIN3SEV
Taxation* ACC3TAX
An approved subject relevant to the major

* Strongly recommended.

Note One: Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Note Two: Students completing Macroeconomics [ECO1IMA] and Finance [FIN2FIN] together with the five core subjects listed below will be accredited by ASIC as RG146 compliant as to the generic and specialist knowledge and skills required to provide financial planning and superannuation advice to private clients in Australia. Students may extend their ASIC RG 146 compliance to include a number of other investment products depending on the elective subjects they choose to complete within the major.

Financial Management Major
Subject title Subject code
Introduction to Quantitative Analysis ECO2IQA
Financial Instruments FIN2FII
Corporate Finance FIN3CFI
International Financial Management FIN3IFM
Investment and Portfolio Management FIN3IPM
Plus one of:
Intermediate Statistics for Business ECO2ISB
Managerial Economics ECO2MEC
Microeconomic Theory ECO2MIT
Plus one of:
Case Studies in Financial Planning FIN3CFP
Computational Finance FIN3CLF
Case Studies in Finance FIN3CSF
Commodity Derivatives FIN3DER
Financial Economics FIN3FIE
Financial Institutions Management FIN3FIM
Financial Risk Management FIN3FRM
Mergers and Acquisitions FIN3MAQ
Retirement and Estate Planning FIN3REP
Security Valuation FIN3SEV
An approved subject relevant to the major

Note: Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Human Resource Management Major
Subject title Subject code
Human Resource Management MGT2HRM
Organisational Behaviour MGT2OBE
Human Resource Development MGT3HRD
Human Resource Information Systems MGT3HRI
Interpersonal Skills & Conflict Management MGT3ISC
Organisational Change and Development MGT3OCD
Plus one of:
International Human Resource Management MGT2IHR
Employee Relations for High Performance MGT2EMP
Industrial Relations ECO3IRE
Employee Relations Law or Employment and Labour Relations Law LST3ERL or LAW3ELR
An approved subject relevant to the major

Note: Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Macroeconomics Major
Subject title Subject code
Introduction to Quantitative Analysis ECO2IQA
Macroeconomic Theory ECO2MAT
Microeconomic Theory ECO2MIT
Plus four of:
Asia in the World Economy ECO3AWE
Central Banks and Monetary Policy ECO3CBP
Growth and Decline in the Global Economy ECO3GDE
Change and Growth in the Australian Economy ECO3CGE
International Monetary Economics ECO3IME
Industrial Relations ECO3IRE
Macroeconomic Analysis ECO3MAA
Modelling the Australian Macroeconomy ECO3MAM
Monetary Economics ECO3MNE
Sustainable Growth and Development ECO3SGD
An approved subject relevant to the major

Note: Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Management Major
Subject title Subject code
Human Resource Management MGT2HRM
Organisational Behaviour MGT2OBE
Business Ethics MGT2BET
Plus four of:
International Management MGT3IMG
Organisational Change and Development MGT3OCD
Strategic Management MGT3SMG
Interpersonal Skills & Conflict Management MGT3ISC
Entrepreneurship MGT3ENC
Business Project MGT3BP
Organisational Structure & Design MGT3OSD
An approved subject relevant to the major

Note: Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Business Information Systems Major
Subject title Subject code
Professional Issues in Business Systems BUS2PBS
Business Applications Analysis and Design BUS2BAD
Managing Multimedia in Business BUS2MMB
Plus four of:
E-Business Systems BUS3EBS
Enterprise Information Systems BUS3EIS
Managing IT Projects BUS3MIP
Information Systems Management BUS3ISM
Human Resource Information Systems MGT3HRI
An approved subject relevant to the major

Note: Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Marketing Major
Subject title Subject code
Consumer Behaviour MKT2CBE
Marketing Research MKT3MRE
Plus one of:
Strategic Marketing MKT3SMK
Strategic Marketing A MKT3SMA
Plus four of: (Must include at least two year level 3 subjects)
Marketing Communication MKT2MCO
Marketing for Sustainability MKT3SUS
International Marketing MKT3IMK
Selling and Sales Management MKT3SSM
Marketing Law LST3MAL
Services Marketing MKT2SMA
Electronic Marketing MKT2ELM
Advertising and Sales Promotion MKT3ADV
Branding and Brand Management MKT2BBM
Marketing Practicum MKT3MPR
International Marketing Study Tour MKT3MST
An approved subject relevant to the major

Note: Students must complete four 3rd year level subjects to fulfil the requirements of the major.

Minors

Business Information Systems Minor
Subject title Subject code
Two of
Professional Issues in Business Systems BUS2PBS
Business Applications Analysis and Design (pre-requisite for BUS3EBS) BUS2BAD
Managing Multimedia in Business BUS2MMB
Plus two of:
E-Business Systems BUS3EBS
Enterprise Information Systems BUS3EIS
Managing IT Projects BUS3MIP
Information Systems Management BUS3ISM
Human Resource Information Systems (requires prerequisite MGT2HRM) MGT3HRI
An approved subject relevant to the minor

Note: Students must complete at least two 3rd year level subjects to fulfil the requirements of the minor.

Business Law Minor
Subject title Subject code
Marketing Law LST2MAL
Environmental Law LST2EL
Plus two of
International Commercial Law LST3ICT
Professional Liability LST3PLI
An approved subject relevant to the minor

Note: Students must complete at least two 3rd year level subjects to fulfil the requirements of the minor.

Business Models and Forecasting Minor
Subject title Subject code
Introduction to Quantitative Analysis ECO2IQA
Plus one of:
Applied Forecasting for Economics and Finance ECO2AFE
Econometric Methods ECO2EME
Intermediate Statistics for Business ECO2ISB
Business Models BUS2BMO
Plus two of:
Business Analysis and Simulation ECO3BAS
Advanced Quantitative Analysis ECO3AQA
Advanced Time-Series Econometrics ECO3ATE
Decision Analysis with Spreadsheets ECO3DAS
Introduction to Time-Series Econometrics ECO3ITE
Microeconometrics ECO3MES
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Corporate Finance Minor
Subject title Subject code
Corporate Finance FIN3CFI
Plus three of
Business Models BUS2BMO
Financial Instruments FIN2FII
Financial Economics FIN3FIE
Computational Finance FIN3CLF
Case Studies in Finance FIN3CSF
Mergers and Acquisitions FIN3MAQ
Security Valuation FIN3SEV
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Development Minor
Subject title Subject code
Choose two of:
Globalisation ECO2GLO
Modern World Economy ECO2MWE
Economic Growth and Development ECO2EGD
Plus two of:
Change and Growth in the Australian Economy ECO3CGE
Growth and Decline in the Global Economy ECO3GDE
Rise of the American Economy ECO3RAE
Asia in the World Economy ECO3AWE
Competing Economic Approaches ECO3CAE
Sustainable Growth and Development ECO3SGD
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Economics Minor
Subject title Subject code
Two of
Globalisation and Regional Business MGT2GRB
Intermediate Microeconomics ECO2IM
Government and the Economy ECO2GE
Plus two of
Industrial Relations ECO3IRE
Asia Australian Trade Issues ECO3ATI
International Economics ECO3IE
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Environmental and Resource Economics Minor
Subject title Subject code
Choose two of:
Economic Growth and Development ECO2EGD
Global Environmental Issues ECO2GEI
Plus two of:
Asia in the World Economy ECO3AWE
Cost Benefit Analysis ECO3CBA
Environmental and Resources Economics ECO3ERE
Sustainable Growth and Development ECO3SGD
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Financial Planning Minor
Subject title Subject code
Financial Instruments FIN2FII
Financial Planning FIN2FPL
Case Studies in Financial Planning FIN3CFP
Retirement and Estate Planning FIN3REP
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Financial Services Minor
Subject title Subject code
Financial Instruments FIN2FII
Financial Planning FIN2FPL
Plus two of:
Investment and Portfolio Management FIN3IPM
Financial Institutions Management FIN3FIM
Security Valuation FIN3SEV
Commodity Derivatives FIN3DER
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Forensic Accounting Minor
Subject title Subject code
Auditing ACC3AUD
Forensic Accounting ACC3FOA
Internal Auditing ACC3IAD
Plus one of
Interpersonal Skills and Conflict Management MGT3ISC
Advanced Quantitative Analysis ECO3AQA
E-Business Systems BUS3EBS
Decision Analysis with Spreadsheets ECO3DAS
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Human Resources Management Minor
Subject title Subject code
Human Resource Management MGT2HRM
Organisational Behaviour MGT2OBE
Plus two of
Human Resource Development MGT3HRD
Interpersonal Skills & Conflict Management MGT3ISC
Industrial Relations ECO3IRE
Employee Relations Law LST3ERL
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Industrial Economics and Competition Policy Minor
Subject title Subject code
Industrial Organisation ECO3IND
Plus three of:
Managerial Economics ECO2MEC
Strategic Behaviour in Business Economics ECO2SBE
Marketing Economics ECO3MKE
Organisation, Economics and Incentives ECO3OEI
Corporate Finance FIN3CFI
Mergers and Acquisitions FIN3MAQ
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

International Business Minor
Subject title Subject code
One from
Globalisation and Regional Business MGT2GRB
International HRM MGT2IHR
Plus three from
International Marketing MKT3IMk
Project Management MGT3PM
Asia Australian Trade Issues ECO3ATI
International Commercial Transactions LST3ICT
International Management MGT3IMG
Strategic Management MGT3SMG
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

International Trade and Finance Minor
Subject title Subject code
International Trade ECO3ITR
International Financial Management FIN3IFM
Plus two of:
Global Environmental Issues ECO2GEI
Globalisation ECO2GLO
International Business Environment ECO2IBE
Asia in the World Economy ECO3AWE
Growth and Decline in the Global Economy ECO3GDE
International Monetary Economics ECO3IME
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Macroeconomics Minor
Subject title Subject code
Marcoeconomic Theory ECO2MAT
Plus one of:
Globalisation ECO2GLO
Economic Growth and Development ECO2EGD
Plus two of:
Asia in the World Economy ECO3AWE
Industrial Relations ECO3IRE
International Monetary Economics ECO3IME
Growth and Decline in the Global Economy ECO3GDE
Change and Growth in the Australian Economy ECO3CGE
Central Banks and Monetary Policy ECO3CBP
Modelling the Australian Macroeconomy ECO3MAM
Monetary Economics ECO3MNE
Sustainable Growth and Development ECO3SGD
Macroeconomic Analysis ECO3MAA
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Management Minor
Subject title Subject code
Two of
Human Resource Management MGT2HRM
Organisational Behaviour MGT2OBE
Business Ethics MGT2BET
Plus two of:
International Management MGT3IMG
Organisational Change & Development MGT3OCD
Strategic Management MGT3SMG
Interpersonal Skills & Conflict Management MGT3ISC
Entrepreneurship MGT3ENC
Organisational Structure and Design MGS3OSC
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Management Accounting Minor
Subject title Subject code
Cost Accounting and Decision Making ACC2IMA
Management Accounting and Control ACC2IMB
Strategic Management Accounting ACC3AMA
Public Sector Accounting and Management Issues ACC3PAM
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Marketing Minor
Subject title Subject code
Two of
Consumer Behaviour MKT2CBE
Services Marketing MKT2SMA
Electronic Marketing MKT2ELM
Marketing Communications MKT2MCO
Branding and Brand Management MKT2BBM
Plus two of
Marketing Research MKT3MRE
Advertising and Sales Promotion MKT3ADV
Marketing for Sustainability MKT3SUS
International Marketing MKT3IMK
Marketing Practicum MKT3MPR
International Marketing Study Tour MKT3MST
Strategic Marketing MKT3SMK
Strategic Marketing A MKT3SMA
Marketing Law LST3MAL
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Microeconomics Minor
Subject title Subject code
Microeconomic Theory ECO2MIT
Plus one of:
Economics of Human Resources ECO2EHR
Managerial Economics ECO2MEC
Strategic Behaviour in Business Economics ECO2SBE
Plus two of:
Cost Benefit Analysis ECO3CBA
Health Economics ECO3HEC
Industrial Organisation ECO3IND
Industrial Relations ECO3IRE
International Trade ECO3ITR
Microeconomic Analysis ECO3MIA
Organisations, Economics and Incentives ECO3OEI
Public Economics ECO3PUB
Financial Economics FIN3FIE
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Professional recognition

By successfully completing approved marketing subjects, graduates may apply for membership of the Australian Marketing Institute.

Students completing Macroeconomics [ECO1IMA] and Finance [FIN2FIN] together with the five core subjects in the Financial Planning Major will be accredited by ASIC as RG146 compliant as to the generic and specialist knowledge and skills required to provide financial planning and superannuation advice to private clients in Australia. Students may extend their ASIC RG 146 compliance to include a number of other investment products depending on the elective subjects they choose to complete within the major.

For a full description of these subjects, including the subject name, subject code, credit points, campus/location, subject coordinator, class requirements, assessment, prerequisites and readings, students should access the Subject Database at www.latrobe.edu.au/udb_public.

Sport and Leisure Management Minor
Subject title Subject code
Two of
Sport Facility and Event Management THS2SFE
Sport Development THS2SDV
Sports Law LST2SLA
Tourism and Hospitality Marketing (pre-requisite for THS3SMS) THS2THM
Two of
Sport Marketing and Sponsorship THS3SMS
Sport Volunteer Management THS3SVM
Sport Governance THS3SGV
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.

Sustainable Resource Management Minor
Subject title Subject code
Two of
Principles of Environmental Economics ECO2ERE
Marketing for Sustainability MKT3SUS
Environmental Law LST2EL
Human Resource Management MGT2HRM
Two of
Sustainability and Governance MGT3SCG
Managing for Climate Change MGT3MCC
An approved subject relevant to the minor

Note: Students must complete two 3rd year level subjects to fulfil the requirements of the minor.