Faculty of Law and Management
Bachelor of Accounting (LBCM)
This course aims to prepare graduates who will be capable of pursuing careers in a wide range of business fields but with particular emphasis on those specifically related to the various branches of accounting. The course aims to blend concepts with application and provides studies in basic disciplines around which more specialised studies and skills may be developed. Graduates will be expected to be skilled, adaptable and mobile, both for regional and metropolitan Australia, and overseas.
Admission requirements
Admission requirements are completion of VCE and units 3 and 4 of English (any) and mathematics (any) with a minimum study score of at least 20 in each. Applicants with comparable qualifications will be considered. A limited number of students may also be considered under Special Entry Schemes. Follow the application directions for Special Entry Application Schemes provided through VTAC.
Degree requirements
Students must complete a course of subjects accumulating a minimum of 360 credit points, at least 285 of which must be subjects offered by the Faculty of Law and Management. The course is designed to be completed within a minimum of three years of full-time study, although part-time study is possible. Maximum course duration is seven 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 must be approved in advance by a Regional School of Business course advisor.
Mildura Campus program
Students must pass compulsory and elective subjects listed below. All subjects are worth 15 credit points. Students wishing to graduate with a double major (Accounting and Management) must complete all subjects listed. Students may choose to graduate with only an Accounting major and take elective subjects where the option is indicated.
Please see a course adviser as some subjects may be offered in semesters other than indicated.
First year
| Teaching period | Subject name | Subject code |
|---|---|---|
| TE-SEM-1 | Accounting for Management Decisions | ACC1AMD |
| TE-SEM-1 | Macroeconomics (Not offered in 2010) | ECO1IMI |
| TE-SEM-1 | Management Communications * | MGT2MCB |
| TE-SEM-1 | Management Information Systems | BUS1MIS |
| TE-SEM-1 | Foundations of Management | MGT1FOM |
| TE-SEM-2 | Introductory Statistics for Business | ECO1ISB |
| TE-SEM-2 | Microeconomics | ECO1IMA |
| TE-SEM-2 | Introductory Financial Accounting | ACC1IFA |
Key: * Recommended for all students.
Second year
| Teaching period | Subject name | Subject code |
|---|---|---|
| TE-SEM-1 | Second Year Elective | |
| TE-SEM-1 | Cost Accounting & Decision Making | ACC2IMA |
| TE-SEM-1 | Second Year Elective | |
| TE-SEM-1 | Organisational Behaviour | MGT2OBE |
| TE-SEM-2 | Business Law | LST2BSL |
| TE–SEM1 | Corporate Reporting | ACC2CRE |
| TE-SEM-2 | Second Year Elective | |
| TE-SEM-2 | Management Accounting & Control | ACC2IMB |
| TE-SEM-2 | Law of Business Association | LST2LBA |
Third year
| Teaching period | Subject name | Subject code |
|---|---|---|
| TE-SEM-1 | Taxation | ACC3TAX |
| TE-SEM-1 | Third Year Faculty of Law and Management Subject | |
| TE-SEM-1 | Third Year Faculty of Law and Management Subject | |
| TE-SEM-2 | Advanced Financial Accounting | ACC3AFA |
| TE-SEM-S | Auditing | ACC3AUD |
| TE-SEM-2 | Business Finance | ACC3BF |
| TE-SEM-2 | Third Year elective Subject | |
| TE-SEM-2 | Third Year elective Subject |
Key: *Required for students completing the management major. Recommended for all students.
Electives
Providing prerequisites have been met, students can select electives from any of the degrees offered at or through the Mildura campus.
Business Elective Options
| Subject code | Subject | Semester | Prerequisite |
|---|---|---|---|
| BUS3IST | Indonesian – Australian Business Study Tour | W28-41 | |
| ECO1SGB | Sustainability in Global Business | 2 | |
| MGT2HRM | Human Resource Management | 2 | MGT1FOM |
| MGT2MCB | Management Communications | 2 | |
| MGT2OBE | Organisational Behaviour | 1 | MGT1FOM |
| MGT3BP | Business Project | 1 | MGT1FOM |
| MGT3ENC | Entrepreneurship | 1 | MGT1FOM |
| MGT3OCD | Organizaitonal Change & Development | 2 | MGT2HRM |
| MGT3SMG | Strategic Management | 2 | MGT1FOM |
| MKT1FMK | Foundations of Marketing | 1 |
Management Major
| Subject code | Subject | Semester | Prerequisite |
|---|---|---|---|
| MGT2HRM | Human Resource Management | 1 | MGT1FOM |
| MGT2OBE | Organisational Behaviour | 1 | MGT1FOM |
| MGT2BET | Business Ethics | 2 | |
Plus four of |
|||
| MGT3OCD | Organizaitonal Change & Development | 2 | MGT2HRM |
| MGT3SMG | Strategic Management | 2 | MGT1FOM |
| MGT3ENC | Entrepreneurship | 1 | MGT1FOM |
| MGT3BP | Business Project | 1 | MGT1FOM |
| MGT3OSD* | Organisational Structure & Design | -- | MGT1FOM |
| MGT3IMG* | International Management | -- | MGT1FOM |
| MGT3ISC* | Interpersonal Skills & Conflict Management | -- | |
An approved subject relevant to the major |
|||
*Not offered at Mildura
NOTE: Students must complete four 3rd year level subjects to fulfil the requirements of the major.
Professional recognition
This course is structured to meet the accreditation requirements of CPA Australia and the Institute of Chartered Accountants in Australia (ICAA). Taxation and Auditing are no longer part of the accreditation requirements for CPA Australia although both are required for membership of the ICAA. Students who do not complete the Taxation and Auditing subjects as part of their degree will be admitted to membership of CPA Australia, but will be required to complete studies in both areas as part of their ongoing CPA training.
Graduates may enter the accountancy profession in Australia. Accountancy graduates are eligible for admission as associate members of the Australian Society of CPAs. The Institute of Chartered Accountants in Australia allows graduates to enter the profession through their professional year, subject to the employment requirement of at least one year in the office of a member of the Institute. Graduates with accounting majors are also eligible to apply for membership of the Association of Taxation and Management Accountants at the full member level.
Students should seek advice from the course coordinator for further information on professional recognition by the above associations.
Honours
The honours program requires a further year of full-time study or two years of part-time study. Honours in Accounting is not available at the Mildura campus, however Mildura students may apply to undertake Honours at the Melbourne or Bendigo campus.