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La Trobe University
University Handbook 2013

Bachelor of Business (Accounting and Finance)

Course code/s: LBBAF Melbourne

Course Description

This accredited degree provides education relevant for a career in accounting and finance. The course provides students with foundation knowledge and skills required to practice both finance and accounting and is accredited by both CPA Australia and the Institute of Chartered Accountants in Australia. 

Admission Requirements

Academic Entry requirements: Units 3 and 4–a study score of at least 25 in English (ESL) or 20 in any other English and a study score of at least 20 in mathematics (any). Applicants with comparable qualifications will be considered. A limited number of students may also be considered under Special Entry Schemes.

Course Requirements

  • This degree is designed to be completed within three years of full-time study, although part-time study is possible.  The maximum time allowed for a student to complete this degree is seven years. 
  • Students must complete the course set out below, comprising 360 credit points (24 subjects). 
  • At least 330 credit points (16 subjects) must be subjects offered by the Faculty of Business, Economics and Law.
  • No more than 150 credit points (10 subjects) MAY be at first year level.
  • At least 120 credit points (8 subjects) MUST be at third year level.. 
  • Students must complete all prerequisite subjects prior to enrolling in a core or elective subject.

Course Structure

From 2013, this degree will share a business foundation and first year framework with all other undergraduate degrees offered by the La Trobe Business School, which enhances the flexibility available to students.  Students who commenced this degree prior to 2013, should refer to the edition of the on-line handbook relevant to the year of their commencement, or seek advice from student services.

The first year framework comprises four business foundation subjects, three discipline-specific subjects and one elective subject, with a second elective subject offered in second year.

The four business foundation subjects, Business Foundations, Accounting and Finance for Business, Business Economics, and Business Analytics, offer students a broad introduction into the key disciplines and work-ready skills of business. 

The three discipline specific subjects, Accounting for Management Decisions, Accounting and Information Systems, and Fundamentals of Finance, introduce students to the principles of accounting and finance and accounting information systems. 

The two elective subjects broaden the students’ learning experience by offering them the opportunity to study subjects chosen from across the faculty and the university.

Commencing with the three discipline-specific subjects in first year, students complete seventeen core subjects, which define the double major and are designed to provide them direct entry into the CPA and CA professional year.

Variations to this structure are subject to approval by a Faculty of Business, Economics and Law course adviser.

First year
 
Teaching
period
Subject title Subject code
TE-SEM-1 Academic Integrity Module (online) MGT1AIM
TE-SEM-1 Business Foundations BUS1BUF
TE-SEM-1 Accounting and Finance for Business BUS1AFB
TE-SEM-1 Accounting for Management Decisions ACC1AMD
TE-SEM-1 Either an FBEL or LTU free elective#  
TE-SEM-2 Business Economics BUS1BUE
TE-SEM-2 Business Analytics BUS1BUA
TE-SEM-2 Accounting and Information Systems ACC1AIS
TE-SEM-2 Fundamentals of Finance FIN1FOF

# Unless taking a sequence of two language subjects, students are limited to one LTU elective between this elective and the elective in first semester, second year.

Note: MGT1AIM is a not-for-credit subject which students are required to complete at the commencement of their first semester. The subject is designed to enhance the students' knowledge and awareness of issues concerning academic integrity.

Second year
 
Teaching
period
Subject title Subject code
TE-SEM-1 Cost Accounting and Decision Making ACC2CAD
TE-SEM-1 Introduction to Business Law LST2BSL
TE-SEM-1 Introduction to Quantitative Analysis ECO2IQA
TE-SEM-1 Either an FBEL or LTU free elective#  
TE-SEM-2 Corporate Reporting ACC2CRE
TE-SEM-2 Law of Business Association LST2LBA
TE-SEM-2 Banking and Financial Institutions FIN3BFI
TE-SEM-2 Econometric Methods ECO2EME

# Unless taking a sequence of two language subjects, students are limited to one LTU elective between this elective and the elective in first semester, first year.

Third year
 
Teaching
period
Subject title Subject code
TE-SEM-1 Management Accounting and Control ACC3MAC
TE-SEM-1 Advanced Financial Accounting ACC3AFA
TE-SEM-1 Corporate Finance FIN3CFI
TE-SEM-1 International Financial Management FIN3IFM
TE-SEM-2 Investment and Portfolio Management FIN3IPM
TE-SEM-2 Financial Risk Management FIN3FRM
TE-SEM-2 Auditing ACC3AUD
TE-SEM-2 ACC coded level 3 elective*  

* Taxation (ACC3TAX) is highly recommended in particular for students wishing to obtain a CPA or CA accreditation.

Professional recognition

Successful completion of the appropriate choice of subjects qualifies Bachelor of Business (Accounting and Finance) graduates for membership of the following professional accounting bodies: CPA Australia, Institute of Chartered Accountants (ICAA), National Institution of Public Accountants (IPA), and the Association of Chartered Certified Accountants (ACCA).