Courses and programs offered
Bachelor of Accounting/Bachelor of Economics (LZCE)
Admission requirements
Admission requirements are VCE units 3 and 4 of English (any) and mathematics (any) with a study score of at least 20 in English and 20 in maths. Applicants with comparable qualifications will be considered. A limited number of students may also be considered under Special Entry Schemes.
Degree requirements
Students must complete subjects having a minimum value of 540 credit points. A minimum of 450 credit points must be accumulated from subjects offered in the School of Business, plus six elective subjects of which three must be at third year level. No more than 150 credit points may be from first year level subjects. The course is designed to be completed in four years of full-time study, although part-time study is possible. Maximum course duration is 10 years.
Course structure
All compulsory subjects and School of Business elective subjects are worth 15 credit points. Students completing the course structure listed below graduate with majors in accounting and economics. The course is designed to allow for an optional third major in financial management. See Bachelor of Business entry for details of subjects required for the major.
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 Financial Accounting | ACC1IFA |
| 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 | History of Globalisation | ECO1HOG |
| plus one of: | ||
| TE-SEM-2 | Introduction to Quantitative Analysis* | ECO2IQA |
| TE-SEM-1 | Calculus and Functions for Economics* | MAT1CFE |
Key: * Students with a strong background in mathematics, including VCE Mathematical Methods or Specialist Mathematics, are urged to consider taking MAT1CFE instead of ECO2IQA.
Second year
| Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 | Intermediate Statistics for Business | ECO2ISB |
| TE-SEM-1 or TE-SEM-2 |
Business Law | LST2BSL |
| TE-SEM-1 or TE-SEM-2 |
Corporate Reporting | ACC2CRE |
| TE-SEM-1 or TE-SEM-2 |
Management Accounting and Control | ACC2IMB |
| TE-SEM-1 or TE-SEM-2 |
Cost Accounting and Decision Making | ACC2IMA |
| TE-SEM-2 | Law of Business Association | LST2LBA |
| TE-SEM-1 or TE-SEM-2 |
Finance | FIN2FIN |
| TE-SEM-1 or TE-SEM-2 |
One second year Economics elective subject | |
| TE-SEM-1 or TE-SEM-2 |
One second year elective subject** |
Third year
| Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-1 | Microeconomic Theory | ECO2MIT |
| TE-SEM-1 or TE-SEM-2 |
Advanced Financial Accounting | ACC3AFA |
| TE-SEM-2 | Macroeconomic Theory | ECO2MAT |
| TE-SEM-1 or TE-SEM-2 |
Three second year Economics subjects** | |
| TE-SEM-1 or TE-SEM-2 |
ONE second year elective subjects | |
| TE-SEM-1 or TE-SEM-2 |
Two third year elective subjects |
Fourth year
| Teaching period |
Subject title | Subject code |
|---|---|---|
| TE-SEM-2 | Macroeconomic Analysis | ECO3MAA |
| TE-SEM-1 | Microeconomic Analysis | ECO3MIA |
| TE-SEM-1 or TE-SEM-2 |
Three third year accounting subjects* | |
| TE-SEM-1 or TE-SEM-2 |
Four third year economics subjects** |
Key: * Taxation ACC3TAX and Auditing ACC3AUD are highly recommended. These two subjects are required for membership of the Institute of Chartered Accountants in Australia (ICAA).
** Economics subjects include any subjects required for the economics specialisations listed below
Economics areas of specialisation
(See Student Services in the Faculty of Law and Management for details of subjects required for each specialisation.)
- Business Economics
- Business Models and Forecasting
- International Trade and Finance
- Macroeconomic Analysis and Policy
- Microeconomic Analysis and Policy
- Resource and Environmental Economics
Professional recognition
This course is structured to meet the accreditation requirements of CPA Australia. In order to meet the accreditation requirements of the Institute of Chartered Accountants in Australia (ICAA), Taxation and Auditing must be completed.
By completing approved subjects, graduates may satisfy the educational requirements of the Financial Services Institute of Australasia (FINSIA). See Student Services in the Faculty of Law and Management for details.
Honours
The honours program requires a further year of full-time study or two years part-time study. Entry is by invitation only. Honours may be undertaken in either accounting or economics or both, with two years of additional study. As a guide, the usual minimum requirement is a B (70%) average result in at least six second and third year accounting or economics subjects, although a student’s entire academic record is taken into account. Students must complete all requirements of their undergraduate degree before being invited to take up honours. For more information on either the Economics Honours or Accounting Honours programs see the entries under the single degrees.