University Handbook 2018

Bachelor of Commerce

Course code/s: LBCOM - Melbourne

Details
Location Melbourne
Course Coordinator Greg Jamieson
Course Code LBCOM
Available to International students Yes
CRICOS 084539C
Course duration 3 years full-time, or part-time equivalent
Credit Points 360
Exchange opportunity Yes
Leave of absence available Yes
Course queries Current students: ASK La Trobe
Prospective students: Future Students

Current commencements from 2018

The Bachelor of Commerce is designed to develop responsible, engaged, innovative and work-ready graduates by providing you with opportunities to talk with business and work with business. The degree comprises an eight-subject common core; an eight-subject primary major; and eight elective subjects. You can choose your primary major from five key business disciplines: accounting, economics, finance, management and marketing.

The common core extends through all three years of the degree and is designed to offer you a broad introduction to business disciplines as well as the opportunity to apply disciplinary knowledge, research, analytical and problem solving skills to resolving social environmental and business problems. It also provides you with the opportunity to talk with business and community leaders and to apply your knowledge and skills in a professional working environment.

Course intended learning outcomes

On successful completion of this course you will be able to:

  • Research: Research and analyse business and social challenges from multiple disciplinary perspectives, so as to suggest a range of potentially innovative solutions.
  • Think: Evaluate a range of alternate solutions to business and social challenges and account for potentially competing economic, ethical, social and commercial perspectives in a responsible manner.
  • Communicate: Pitch an innovative solution for a business or social challenge, to a diverse group of stakeholders and negotiate amendments, support and resources for it within a corporation or diverse community.
  • Solve Problems: Manage the successful implementation of an innovative solution to a business or social challenge within the social and commercial constraints of a corporation or diverse community.
  • Work with Others: Engage professionally and effectively to the success of a multicultural, multidisciplinary team, in a manner which is respectful of the needs, values, personalities and capabilities of others.
  • Work with digital technologies: Utilise digital technologies to identify, source, analyse and communicate information relevant to business and social challenges.
  • Demonstrate Disciplinary Knowledge and Skills: Meet the disciplinary knowledge and skill requirements for graduates seeking to commence a career in accounting, economics, finance, management or marketing.

Course requirements

  • LTU0AIM is a not-for-credit subject which you are required to complete at the commencement of your first semester. The subject is designed to enhance your knowledge and awareness of issues concerning academic integrity.
  • ABS0WOM is a not-for-credit subject that you are required to complete at the commencement of your first semester. The subject is designed to introduce you to Indigenous Australian perspectives, experiences, history, culture and customs.
  • A common core of seven subjects is designed to develop your transferable enterprise skills, such as research, critical thinking, problem solving, communication, working with others, quantitative and financial literacy.
  • You have the option of completing one of two work-integrated-learning subject as your capstone subject, instead of the capstone subject, Execute and Manage Change.
  • An eight-subject primary major chosen by you must be completed as a core requirement of this course, in order to provide you with the technical skills required to practice your chosen discipline.  This primary major must be chosen from accounting, economics, financial management, management and marketing.
  • Nine elective subjects provide you with the opportunity to extend the breadth of your course by choosing a second major, one or two minors or elective subjects chosen from any discipline offered at La Trobe.
  • No more than 150 credit points (10 subjects) may be at first-year level.
  • At least 120 credit points (eight subjects) must be at third-year level.
You must complete all prerequisite subjects prior to enrolling in a core or elective subject

Admission requirements

Admission requirements are English Units 3 and 4 with a study score of at least 25 in English (EAL) or 20 in English other than EAL. Applicants with comparable qualifications may be considered. A limited number of students may also be considered under Special Entry Schemes.

La Trobe Essentials

The three Essentials - Global Citizenship, Innovation and Entrepreneurship and Sustainability Thinking - are specialist areas designed to give you an edge with employers. They will enable you to adapt your knowledge and skills to new contexts in a rapidly changing world. Subjects addressing the Essentials are part of all undergraduate La Trobe degrees and can be identified in the subject database by distinct icons.  The list of approved subjects is also on the Essentials webpage.

Course structure

To assist with planning your enrolment, download a PDF copy of the study plan guide here: Bachelor of Commerce (LBCOM) Melbourne 2018 [PDF 131 KB]

First year

Semester 1 FIN1FOF BUS1ECW OPTION OPTION
Fundamentals of Finance Economics for a Changing World Commerce Major Subject Elective Subject
Semester 2 BUS1BAN BUS1ADI OPTION OPTION
Business Analytics Analyse and Ideate** Commerce Major Subject ElectiveSubject

*Students enrolled in an Accounting major do not have to take BUS1AFB , instead accounting majors take the first subject of their BCom major, ACC1AMD .

**Delivered in winter semester.

OPTION subjects may be completed in Semester 1 or 2. Students must not exceed 60 credit points per semester.

Second Year

Semester 1 OPTION OPTION OPTION OPTION
Commerce Major Subject Commerce Major Subject Elective Subject Elective Subject
Semester 2 BUS2ENS LST2BSL OPTION OPTION
Evaluate and Negotiate Introduction to Business Law and Ethics Commerce Major Subject Elective Subject


OPTION subjects may be completed in Semester 1 or 2. Students must not exceed 60 credit points per semester.

* This subject is designed as a two-week Bachelor of Commerce cohort development experience.  Classes and learning activities will be scheduled for three hours each morning and afternoon of Monday, Wednesday and Friday of the two-week study period. Students may choose to complete this subject either in the Winter or Summer 3 study periods.

**Students choosing to complete an accounting major should note that Law of Business Associations (LST2LBA ) is a subject required for accreditation by both CPA Australia and CAANZ and must be taken as an elective subject in second year.

Third year

Semester 1 OPTION OPTION OPTION OPTION
Level 3 Commerce Major Subject Level 3 Commerce Major Subject Level 3 Elective Subject** Level 3 Elective Subject
Semester 2 OPTION OPTION OPTION OPTION
Choose one subject from List A Level 3 Commerce Major Subject Level 3 Elective Subject Level 3 Elective Subject

OPTION subjects may be completed in Semester 1 or 2. Students must not exceed 60 credit points per semester..

** Students completing an accounting major MUST complete ACC3TAX “Taxation” in place of this elective subject, in order to meet the requirements for professional accreditation of the accounting major set by CPA Australia and CAANZ.

List A
BUS3EMC Execute and Manage Change
BUS3ELP Experiential Learning Project
ACC3AWP Accounting Work Placement

 

Majors and minors

In order to complete the requirements for this course you must choose an eight-subject major from the list below. For information on the subjects required in the Bachelor of Commerce core majors visit commerce majors.

  • Accounting
  • Economics
  • Financial Management
  • Management
  • Marketing 

You may also choose to complete a second major, or one or two minors, instead of completing all nine elective subjects.  The majors and minors may be chosen from any on offer in the university, subject to their being no more than eight subjects for a major and four subjets for a minor, and provided you have completed any prerequisite subjects required.

The four-subject minors available within the Business School are listed below:

  • Corporate Finance
  • Economics
  • Environmental Management
  • Forensic Accounting
  • Human Resources Management
  • International Commerce
  • International Management
  • Management
  • Marketing
  • Sport Management
  • Event Management
  • Tourism and Hospitality

For more information on business majors and minors and the subjects on offer within them, please see Business Majors or Business Minors.

 

Internationalise your course

You may internationalise your course by completing:

  • The International Business major as a second major to complement your disciplinary major; or
  • Either or both the International Commerce and/or the International Management minors; or
  • International elective subjects such as:  International Accounting (ACC3IAC); International Financial Management (FIN3IFM); Managing Across Borders (MGT2IMG); International Marketing (MKT3IMK); International Trade (ECO2ITR).
  • A language as a second major; or
  • A semester of study, on exchange, at an approved international university; or
  • International Study Tour subjects such as International Accounting Study Program (ACC3IAS), or Business Study Tour BUS3BST.

Note: Teaching periods are  provided as a guide only and subject to change. Please refer to Subject Search guide for further details.

Develop your digital literacy skills

Increasingly business is being conducted online or involves a significant amount of interaction with digital technologies, such as calculators, computers, or even robots.  Professionals today, and increasingly so in the future, must be adept at working online, and proficient users of calculators, spreadsheets, databases, word processors, video filming and editing and similar digital technologies.

In order to learn about the emerging digital economy, new online business models, and to develop your digital technology skills you should consider completing the subject BUS3DIG Digital Business, after it is introduced in 2019.

 

Majors

COMMERCE MAJORS:

Accounting major

ACC1AMD (S1 & S2) Accounting for Management Decisions
ACC1AIS (S1 &S2)  Accounting and Information Systems
LST2LBA (S1 & S2) Law of Business Associations
ACC2CRE (S1 & S2) Corporate Reporting
ACC2CAD (S1 & S2)  Cost Accounting and  Decision Making
ACC3AFA (S1 & S2) Advanced Financial Accounting
ACC3MAC  (S1 & S2) Performance Management and Control
ACC3AUD   (S1 & S2)  Auditing and Assurance    
S1 = Semester 1, S2 = Semester 2, SUM = Summer Semester

Students choosing to complete an accounting major should note that Fundamentals of Finance (FIN1FOF ) is a subject required for accreditation by CAANZ and must be taken as an elective subject, AND that while Taxation (ACC3TAX ) is no longer part of the membership requirements for CPA Australia, it is required for membership of CAANZ, hence students are advised to choose to complete Taxation as one of their third year electives. Students who do not complete the taxation subject as part of their degree may be required to undertake further study to be admitted to membership of CPA Australia.

 

Economics major

ECO1RIG (S1 & S2) Recessions, Inflation and Economic Growth

ECO1IQA  (S1 & S2)  Introduction to Quantitative Analysis
ECO2CFC (S2) Consumers, Firms, Competition
ECO2MFG  (S2) Macroeconomic Fluctuations, Growth and Policy
ECM2IE  (S1 & S2) Introductory Econometrics
ECM3MEC  (S1) Modelling with Econometrics
ECO3CMF  (S1)  Competition, Market Failure and Government
ECO3EGS (S2) Economic Growth and Stability: Theory and Evidence (capstone)
S1 = Semester 1, S2 = Semester 2, SUM = Summer Semester

 

Finance major

FIN1FOF  (S1 & S2) Fundamentals of Finance

FIN1FSA (S1 & S2) Financial Statement Analysis

ECM2IE (S1 & S2) Econometrics

FIN2FDR (S1) Derivative Securities

FIN2SEV (S2) Investment Securities
FIN3CFI  (S1 & S2) Corporate Finance
FIN3IPM (S1 & S2) Investment and Portfolio Management
FIN3CSF (S2) Case Studies in Finance (capstone)
S1 = Semester 1, S2 = Semester 2, SUM = Summer Semester

 

 

Management major

MGT1FOM (S1 & S2) Foundations of Management

MGT1OBE (S1 & S2) Working with Others
MGT2BET (S2) Business Ethics
MGT2HRM (S1 & S2) Human Resource Management
MGT2IMG (S2 & SUM2) Managing Across Borders
MGT3LWM (S1 & WIN) Leadership
MGT3SMG (S1 & S2) Strategic Management (capstone)
MGT3OCD (S2)  Organisational Change and Development
S1 = Semester 1, S2 = Semester 2, SUM = Summer Semester

 

Marketing major

MKT1MDP (S1 & S2) Marketing: Stand and Deliver
MKT1ADD (S1) Advertising in the Digital Age
MKT2BBM  (S2) Digital Branding and Retailing

MKT2CBE  (S1 & S2) Consumer Behaviour

MKT2MRE (S1Market, Audience and Social Research
MKT3SEM (S1) Social Marketing
MKT3IMK (S1 & S2) International Marketing
MKT3SMK  (S1 & S2) Strategic Marketing (capstone)
S1 = Semester 1, S2 = Semester 2, SUM = Summer Semester

 

Pre 2018 commencements

The Bachelor of Commerce is designed to develop responsible, engaged, innovative and work-ready graduates by providing you with opportunities to talk with business and work with business. The degree comprises an eight-subject common core; an eight-subject primary major; and eight elective subjects. You can choose your primary major from five key business disciplines: accounting, economics, finance, management and marketing.

The common core extends through all three years of the degree and is designed to offer you a broad introduction to business disciplines as well as the opportunity to apply disciplinary knowledge, research, analytical and problem solving skills to resolving social environmental and business problems. It also provides you with the opportunity to talk with business and community leaders and to apply your knowledge and skills in a professional working environment.

Course intended learning outcomes

On successful completion of this course you will be able to:

  • Design and evaluate innovative solutions through the application of their disciplinary knowledge and skills to researching, analysing and resolving social, environmental and business challenges;
  • Recognise and apply future-focused, socially and environmentally responsible, business principles to generate sustainable economic value;
  • Engage professionally and effectively with individuals and organisations, in a manner which is respectful of the needs, values, personalities and capabilities of others;
  • Communicate professionally and effectively with a range of audiences, for a variety of purposes, using appropriate communication tools;
  • Practice the knowledge and skills required of your chosen discipline.

Course requirements

  • Two not-for-credit online modules: one will provide you with an introduction to concepts of academic integrity and the other an introduction to local indigenous culture.
  • A common core of seven subjects is designed to: enhance your understanding of business principles and develop your business skills; and develop and assess your communication, research, thinking, problem-solving and teamwork skills through all three levels of the course.
  • Three of the  common core subjects, Business Foundations, Sustainability, and Entrepreneurship, deliver the La Trobe Essentials by providing you with opportunities at each level of your course to apply your disciplinary knowledge and skill, through multidisciplinary teams, to researching, analysing and resolving global, sustainability and entrepreneurial challenges typical of those facing business today.
  • An additional core subject unique to the Bachelor of Commerce degree, Professional Practice in Business (BUS3PBB), which requires students to complete an approved internship, practicum or study tour.
  • An eight-subject primary major chosen by you must be completed as a core requirement of this course, in order to provide you with the disciplinary depth required to practice your chosen discipline.  This primary major must be chosen from the five majors listed below.
  • Eight elective subjects provide you with the opportunity to extend the breadth of your course by choosing subjects from any discipline offered at La Trobe, including a practicum subject or a study tour subject.
  • Students may also choose to use these eight elective subjects to complete a second eight-subject major or one or two minors.
  • This degree is designed to be completed within three years of full-time study, although part-time study is possible.
  • You must complete the course set out below, comprising 360 credit points (24 subjects).
  • No more than 150 credit points (10 subjects) may be at first-year level.
  • At least 120 credit points (eight subjects) must be at third-year level.
  • Students must complete all prerequisite subjects prior to enrolling in a core or elective subject.
  • LTU0AIM is a not-for-credit subject which you are required to complete at the commencement of your first semester. The subject is designed to enhance your knowledge and awareness of issues concerning academic integrity.
  • ABS0WOM is a not-for-credit subject that you are required to complete at the commencement of your first semester. The subject is designed to introduce you to Indigenous Australian perspectives, experiences, history, culture and customs.

Admission requirements

Admission requirements are English Units 3 and 4 with a study score of at least 25 in English (EAL) or 20 in English other than EAL. Applicants with comparable qualifications may be considered. A limited number of students may also be considered under Special Entry Schemes.

La Trobe Essentials

The three Essentials - Global Citizenship, Innovation and Entrepreneurship and Sustainability Thinking - are specialist areas designed to give you an edge with employers. They will enable you to adapt your knowledge and skills to new contexts in a rapidly changing world. Subjects addressing the Essentials are part of all undergraduate La Trobe degrees and can be identified in the subject database by distinct icons.  The list of approved subjects is also on the Essentials webpage.

First year

Semester 1 BUS1BUF BUS1AFB BUS1BUE OPTION
Business Foundations Accounting and Finance for Business* Business Economics Primary Major Core Subject (15 cps)
Semester 2 BUS1BAN OPTION OPTION OPTION
Business Analytics Primary Major Core Subject (15 cps) Second Major Core Subject or elective subject (15 cps) Second Major Core Subject or elective subject (15 cps)

*Students enrolled in an Accounting major do not have to take BUS1AFB , instead accounting majors take the first subject of their BCom major, ACC1AMD .

Second year

Semester 1 OPTION OPTION OPTION OPTION
Primary Commerce Major Core Subject (15 cps)* Primary Commerce Major Core Subject (15 cps)* Primary Commerce Major Core Subject (15 cps)* Second Major Core Subject or elective subject (15 cps)*
Semester 2 BUS2SUS LST2BSL OPTION OPTION
Sustainability Introduction to Business Law and Ethics Second Major Core Subject or elective subject (15 cps)* Second Major Core Subject or elective subject (15 cps)*

*Subjects may be completed in Semester 1 or 2. Students must not exceed 60 credit points per semester.

**Students choosing to complete an accounting major should note that Law of Business Associations (LST2LBA ) is a subject required for accreditation by both CPA Australia and CAANZ and must be taken as an elective subject in second year.

Third year

Semester 1 OPTION OPTION OPTION OPTION
Choose from List A Level 3 Primary Commerce Major Core Subject (15 cps)* Level 3 Primary Commerce Major Core Subject (15 cps)* Level 3 Primary Commerce Major Core Subject (15 cps)*
Semester 2 BUS3ENT OPTION OPTION OPTION
Entrepreneurship Level 3 Second Major Core Subject or elective subject (15 cps)* Level 3 Second Major Core Subject or elective subject (15 cps)* Level 3 Second Major Core Subject or elective subject (15 cps)*

*Subjects may be completed in Semester 1 or 2. Students must not exceed 60 credit points per semester.

Note: Taxation ACC3TAX is no longer part of the membership requirements for CPA Australia. However, students can choose to complete this subject as an elective to support their application for professional membership of CAANZ. Students who do not complete the taxation subject as part of their degree may be required to undertake further study to be admitted to membership of CPA Australia.

List A
BUS3PPB Professional Practice in Business
BUS3ELP Experiential Learning Project 
ACC3AWP  Accounting Work Placement
BUS3BST Business Study Tour
ACC3IAS International Accounting Study Program

Majors

Majors and minors

In order to complete the requirements for this course you must choose an eight-subject major from the list below. For information on the subjects required in the Bachelor of Commerce core majors visit commerce majors.

  • Accounting
  • Economics
  • Financial Management
  • Management
  • Marketing 

You may also choose to complete a second major, or one or two minors, instead of completing all nine elective subjects.  The majors and minors may be chosen from any on offer in the university, subject to their being no more than eight subjects for a major and four subjets for a minor, and subject to having completed any prerequisite subjects required. 

The four-subject minors available within the Business School are listed below:

  • Corporate Finance
  • Economics
  • Environmental Management
  • Forensic Accounting
  • Human Resources Management
  • International Commerce
  • International Management
  • Management
  • Marketing
  • Sport Management
  • Event Management
  • Tourism and Hospitality

For more information on business majors and minors and the subjects on offer within them, please see Business Majors or Business Minors.

Internationalise your course

You may internationalise your course by completing:

  • The International Business major as a second major to complement your disciplinary major; or
  • Either or both the International Commerce and/or the International Management minors; or
  • International elective subjects such as:  International Accounting (ACC3IAC); International Financial Management (FIN3IFM); International Management (MGT2IMG); International Marketing (MKT3IMK); International Trade (ECO3ITR).
  • A language as a second major; or
  • A semester of study, on exchange, at an approved international university; or
  • International Study Tour subjects such as International Accounting Study Program (ACC3IAS), or Business Study Tour BUS3BST.

 

Note: Teaching periods are  provided as a guide only and subject to change. Please refer to Subject Search guide for further details.

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