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UTS BUSINESS SCHOOL UTS CRICOS PROVIDER CODE: 00099F business.uts.edu.au
BUSINESS, MANAGEMENT AND ECONOMICS UPDATE
UTS BUSINESS SCHOOL UTS CRICOS PROVIDER CODE: 00099F
UTS BUSINESS SCHOOL UNDERGRADUATE INFORMATION EVENING THURSDAY 30 APRIL 2015 FOR DETAILS AND TO REGISTER VISIT BUSINESS.UTS.EDU.AU
business.uts.edu.au
CRICOS Provider Code: 00099F
UTS BUSINESS SCHOOL GRADUATE ATTRIBUTES
VIDEO AVAILABLE AT: https://www.youtube.com/watch?v=10qrTCetEkY
ASSUMED AND PREREQUISITE KNOWLEDGE
> NO PREREQUISITE knowledge or subjects
> None of our courses require previous study in Mathematics, Business Studies, Economics or any other subject in your HSC
> Assumed Knowledge in Mathematics for the Business and Accounting courses – but this doesn’t mean students should not apply if they haven’t done Mathematics in their HSC
> Students can do maths bridging courses or take advantage of U:Pass to help get through
business.uts.edu.au
SOME BUSINESS AND COMMERCE OPTIONS UTS UNSW Sydney Macquarie
Program Bachelor of Business
Bachelor of Commerce
Bachelor of Commerce
Bachelor of Commerce
Assumed knowledge
Mathematics Mathematics Mathematics + Mathematics or General Maths
2015 cut-off 90.00 96.30 95.00 81.00
Core subjects
8 core Accounting x 2 Bus Stats Economics Finance Marketing Organisations Integrated Bus.
8 core (out of 10) Accounting x 2 Bus Stats Economics x 2 Finance Bus Law Organisations Bus. Info. Sys.
6 core Accounting Bus Analysis Economics Bus Environ Understanding Bus Integrated Bus.
5 Core Accounting Economics Finance Marketing Management
Internships Within majors or as electives
NA As an elective For study abroad only
Capstones In each major NA One common capstone
In each major
business.uts.edu.au
MAJOR FIELDS UTS UNSW Sydney Macquarie
Bachelor of Business
Bachelor of Commerce
Bachelor of Commerce
Bachelor of Commerce
Accounting ✓ ✓ ✓ ✓ Economics ✓ ✓ ✓ ✓ Finance ✓ ✓ ✓ ✓ HRM ✓ ✓ ✓ ✓ International Bus ✓ ✓ ✓ ✓ Management ✓ ✓ ✓ Marketing ✓ ✓ ✓ ✓ Business Law As 2nd major ✓ ✓ ✓ Bus Info Systems As 2nd major ✓ ✓ ✓ Econometrics As sub-major ✓ ✓ ✓ Other > Financial
Services > Marketing
Comm.
> Business Strategy
> Taxation
> Quantitative Business Analysis
> Decision Sci. > Demographic > Public Sector
Management
business.uts.edu.au
OUR STUDENTS STUDY BUSINESS WHERE BUSINESS HAPPENS
business.uts.edu.au
BUSINESS IN THE CLASSROOM
Capstone subjects based on case studies with REAL clients in every major Guest lectures from industry leaders Academics with extensive industry experience
business.uts.edu.au
In 2014, Marketing Communication major students undertook a capstone unit case study for Ferrero Rocher
INTERNSHIPS Puts knowledge to practice in real world applications
Demonstrate student capability to potential employers
Compulsory in Bachelors of Accounting and Management
Optional as part of a major or an elective in Bachelor of Business
business.uts.edu.au
CHOICE OF SPECIALISATIONS
Bachelor of Business
Bachelor of Accounting
Bachelor of Management
Choice of:
> Accounting
> Economics
> Finance
> Financial Services
> Human Resource Management
> International Business
> Management
> Marketing
> Marketing Communication
Choice of:
> Accounting
> Plus option for 2nd major per Bachelor of Business
Choice of:
> Event Management
> Sports Management
> Tourism Management
business.uts.edu.au
UTS BUSINESS SCHOOL UTS CRICOS PROVIDER CODE: 00099F
BACHELOR OF BUSINESS
business.uts.edu.au
CORE KNOWLEDGE PLUS FLEXIBILITY Core subjects provide interdisciplinary knowledge across key business fields
business.uts.edu.au
Bachelor of Business core
1st year
1st semester
Accounting for Business Decisions A
Business Statistics
Economics for Business
Integrating Business Perspectives
2nd semester
Accounting for Business Decisions B
Managing People & Organisations
Marketing Foundations
Fundamentals of Business Finance
BACHELOR OF BUSINESS
business.uts.edu.au
1st year Core
2nd year
1st semester
Major subject 1 Major subject 2
2nd semester
Major subject 3 Major subject 4
3rd year
1st semester
Major subject 5 Major subject 6
2nd semester
Major subject 7 Major subject 8
8 core subjects
8 subjects in your first major
BACHELOR OF BUSINESS
business.uts.edu.au
1st year Core
2nd year
1st semester
Major subject 1 Major subject 2
2nd semester
Major subject 3 Major subject 4
3rd year
1st semester
Major subject 5 Major subject 6
2nd semester
Major subject 7 Major subject 8
8 subjects left to complete your degree
BACHELOR OF BUSINESS
business.uts.edu.au
1st year Core
2nd year
1st semester
Major subject 1 Major subject 2
2nd semester
Major subject 3 Major subject 4
3rd year
1st semester
Major subject 5 Major subject 6
2nd semester
Major subject 7 Major subject 8
Second major
Option 1: a second major (including all Business majors or Business Law or IT)
BACHELOR OF BUSINESS
business.uts.edu.au
1st year Core
2nd year
1st semester
Major subject 1 Major subject 2
2nd semester
Major subject 3 Major subject 4
3rd year
1st semester
Major subject 5 Major subject 6
2nd semester
Major subject 7 Major subject 8
Sub major Sub major
Option 2: 2 sub-majors of 4 subjects each Choose from 34 sub-majors, including from Business as well as from Communications, IT, Law or Science
BACHELOR OF BUSINESS
business.uts.edu.au
1st year Core
2nd year
1st semester
Major subject 1 Major subject 2
2nd semester
Major subject 3 Major subject 4
3rd year
1st semester
Major subject 5 Major subject 6
2nd semester
Major subject 7 Major subject 8
elective
Sub major elective
elective
elective
Option 3: 1 sub-major and 4 electives from throughout UTS
BACHELOR OF BUSINESS
business.uts.edu.au
1st year Core
2nd year
1st semester
Major subject 1 Major subject 2
2nd semester
Major subject 3 Major subject 4
3rd year
1st semester
Major subject 5 Major subject 6
2nd semester
Major subject 7 Major subject 8
Extended major Sub major
Option 4: An extended major and a sub-major
BACHELOR OF BUSINESS
business.uts.edu.au
1st year Core
2nd year
1st semester
Major subject 1 Major subject 2
2nd semester
Major subject 3 Major subject 4
3rd year
1st semester
Major subject 5 Major subject 6
2nd semester
Major subject 7 Major subject 8
Extended major
elective
elective
elective
elective
Option 5: An extended major and 4 electives
UTS BUSINESS SCHOOL UTS CRICOS PROVIDER CODE: 00099F
BACHELOR OF MANAGEMENT
business.uts.edu.au
business.uts.edu.au
New for 2015, the new Bachelor of Management degree replaces Bachelor of Management in Events and Leisure and Bachelor of Management in Tourism. It also adds a new major in Sport Business.
EVENTS
business.uts.edu.au
EVENTS MAJOR
WHAT IS EVENT MANAGEMENT?
The logistical, promotional and strategic elements that go into developing, planning, hosting and assessing the impact of events.
WHY STUDY EVENTS AT UTS?
> Fast growing industry > Connected to the industry > ACEM – leading teachers in event management
WHAT DO STUDENTS
LEARN?
> The steps needed to design, develop, plan and implement innovative events
> How to promote and gain sponsorship and financial support for events
> how to design, project manage and implement an event of your own creation
business.uts.edu.au
SPORT BUSINESS
business.uts.edu.au
SPORT BUSINESS MAJOR
WHAT IS SPORT BUSINESS?
> The management of sport organisations > The promotion of sport as an entertainment
product > The sustainability of sport enterprises
WHY STUDY SPORT BUSINESS
AT UTS?
> Multi-billion dollar industry > Growing professionalism of the industry > Unique expertise, including ACOS
WHAT DO STUDENTS
LEARN?
> Understanding of Australian and international sports industries
> The ethical, political, structural and policy dimensions of key issues within sport
> How to market, promote and generate revenue within the sport industry
business.uts.edu.au
TOURISM
business.uts.edu.au
TOURISM MAJOR
WHAT IS TOURISM MANAGEMENT?
> The strategic decisions driving the tourism sector > The tourism industry operates at a local, national
and global level across: > transport > accommodation > attractions and destinations > conferences and events
WHY STUDY SPORT BUSINESS
AT UTS?
> Leading export industry > Increased global competition requires greater
levels of professionalism in Australia > Unique access to industry in Australia and
overseas
WHAT DO STUDENTS
LEARN?
> Understanding of tourists as consumers > Sustainability and ethical challenges for tourism
managers > The contexts in which the tourism industry
operates
business.uts.edu.au
BACHELOR OF MANAGEMENT STRUCTURE
business.uts.edu.au
1st year
1st semester
Marketing Foundations
Managing People & Organisations
Major Major
2nd semester
Socio-Political Context of Management
Accounting Skills for Managers
Economics for Business
Major
2nd year
1st semester
Innovation and Entrepreneurship
Business Strategy and Scenario Planning
Major Major
2nd semester
Managing Human Resources
Law and Ethics for Managers
Innovation Lab Professional Internship
3rd year
1st semester
Management Research Skills
Major Elective Elective
2nd semester
Career Design Workshop
Major Elective Elective
BACHELOR OF ECONOMICS NEW FOR 2016
business.uts.edu.au
A unique degree developing specialised skills in market design and public policy
BACHELOR OF ECONOMICS
CREATING LEADERS IN
MARKET DESIGN
Apply economic theory by conducting experiments and analysis to design market mechanisms and algorithms for everything from internet advertising to property auctions and government procurement contracts.
DEVELOP ADAPTABLE
SKILLS
Students will gain strong analytical and quantitative skills that can be applied to diverse work environments including government, consulting, public policy, industrial relations, international relations, media and environmental studies
TAP INTO WORLD-LEADING
RESEARCH
Our students will learn from researchers and practitioners at the forefront of new thinking in economics and related fields
business.uts.edu.au
HOW THE DEGREE WORKS
24 subjects
11 compulsory core subjects
business.uts.edu.au
Microeconomics Principles
Macroeconomics Principles
Game Theory
Market Design
Business Statistics
Mathematics for Economics and Business
Intermediate Microeconomics
Intermediate Macroeconomics
Introductory Econometrics
Applied Microeconometrics
Capstone: Economic Policy and Market Design
HOW THE DEGREE WORKS
24 subjects
11 compulsory core subjects
Plus 4 out of these subjects
business.uts.edu.au
Experimental Economics
Industrial Organisation
Labour Economics
Public Economics
Economics of the Environment
Economics of Money and Finance
Economic Growth and Development
Health Economics
Behavioural Economics
HOW THE DEGREE WORKS
24 subjects
11 compulsory core subjects
Plus 4 out of the subjects
9 subjects left that can include a 2nd major or sub-majors
business.uts.edu.au
POSSIBLE SECOND MAJORS
Finance (TBC)
Human Resource Management
Management
Marketing
Marketing Communication
Business Law
Information Technology
UTS BUSINESS SCHOOL UTS CRICOS PROVIDER CODE: 00099F
BACHELOR OF ACCOUNTING
business.uts.edu.au
BACHELOR OF ACCOUNTING
business.uts.edu.au
Cooperative education program in conjunction with major employers
Generous scholarship over 3 years valued up to $46,500
2 semester sessions of full time work training via Internship
95% graduate employment rate
Similar core units to the Bachelor of Business
Major in Accounting plus 2nd major, 2 sub majors or sub-major & electives
Entry via extensive interview process and strong HSC results
INFORMATION EVENING: TUESDAY 19 MAY 2015
ROUND 1 APPLICATION DEADLINE: FRIDAY 5 JUNE 2015
ROUND 2 APPLICATION DEADLINE: FRIDAY 23 OCTOBER 2015
OUR STUDENTS
business.uts.edu.au
UTS BUSINESS SCHOOL UTS CRICOS PROVIDER CODE: 00099F
THANK YOU FOR YOUR TIME TODAY
UTS Business School
UNSW Australian School of Business
University of Sydney Business School
Macquarie University Faculty of Business and Economics
Main Course Name
Bachelor of Business Bachelor of Commerce Bachelor of Commerce Bachelor of Commerce
UAC Course Code
601030 (Full Time) 601035 (Part Time)
424000 511504 300210
2015 published ATAR cut-off
90.00 (FT and PT) 96.30 95.00 80.00
Best web site for full information
uts.edu.au/future-students/find-a-course/courses/c10226
business.unsw.edu.au/programs-courses/undergraduate/bachelor-commerce-bcom
sydney.edu.au/handbooks/business_school/b_commerce/b_commerce.shtml
courses.mq.edu.au/undergraduate/degree/bachelor-of-commerce
Alternative programs (with published 2015 ATAR cut-off)
› BMgmt (80.00) › BAccounting (NA)
› BEco (93.00) › BComm (Int’l) (97.00) › BActuarial Stud (97.00)
› BComm (Liberal Studies) (98.00)
› BEcon (91.55)
› B Applied Finance (88.00) › BBUs Admin (81.00) › BEcon (80.00) › BActuarial Stud (96.00)
Entry pathways › InpUTS scheme › Priority Schools program › HSC Bonus Points - up to
5 points for Band 5 or 6 for English Mathematics, Business Studies and Economics
› Cadetship (5 bonus points) › Athletes and Performers
bonus (5 bonus points) › School’s Recommendation
Scheme › Guaranteed Entry Scheme
uts.edu.au/future-students/undergraduate/high-school-students/entry-schemes-and-pathways
› Access Scheme › HSC Plus - up to 5
points for English and Mathematics
› Elite Athletes & Performers Program
› University Preparation Program (UPP)
› UNSW Prep
› E12 Scheme (Principal’s Recommendation for financial disadvantage)
› Broadway Scheme (priority schools)
› Elite Athletes and Performers Scheme
› Cadigal Alternate Entry Scheme
› Special Consideration Admission Scheme
› Flexible entry Schemesydney.edu.au/future-stu-dents/domestic/undergradu-ate/access-sydney/transfer-ring.shtml
› Elite Athletes and Performers Scheme
› Lighthouse Scheme for educational/ financial disadvantage (EAS Scheme)
› HSC Bonus Points award for Economics, Business Studies, English Advanced, Legal Studies, Mathematics
› Guaranteed entry program › School’s Recommendation
Scheme (early entry) mq.edu.au/study/undergradu-ate/getting_in/entry_schemes_and_pathways/
COMPARISON BETWEEN BUSINESS AND COMMERCE PROGRAMS A key question we get asked is what the real differences are between the UTS Bachelor of Business program and similar Bachelor of Commerce programs at UNSW, the University of Sydney and Macquarie University. The following tables highlight the similarities and differences between the main options at each university. Each of the programs provide a robust, world-class education across key fields of business and management, and each will provide a strong foundation on which graduates can pursue a rewarding career.
They are also all accredited by the Association to Advance Collegiate Schools of Business (AACSB) - the highest standard of achievement for business schools worldwide.While published ATAR cut-offs vary, none of the programs require any specific prior knowledge in mathematics, business studies or economics. Differences include the selection of majors, composition of core and capstone subjects, opportunities for internships and ability to combine full-time work with study.
(note: this information is compiled from information currently available on each school’s websites and other sources where noted. While every effort has been made in terms of accuracy we recommend viewing each site before making any decision on courses)
UTS Business School
UNSW Australian School of Business
University of Sydney Business School
Macquarie University Faculty of Business and Economics
Core subjects 8 core subjects › Accounting for Business
Decisions A › Accounting for Business
Decisions B › Business Statistics › Economics for Business › Fundamentals of Business
Finance › Marketing Foundations › Managing People and
Organisations › Integrating Business
Perspectives
8 core subjects (4 compulsory) › Accounting and Financial
Management 1A › Business and Economic
Statistics › Microeconomics 1 › Managing Organisations
and People
Choose 4 out of 6 options: › Accounting and Financial
Management 1B › Business and the Law › Business Finance › Information Systems in
Business › Info Systems in Business › Macroeconomics 1 › Marketing Fundamentals › Creating Social change:
From Innovation to Impact › Global Business
Environment
7 core subjects (including capstone) › Accounting, Business and
Society › Economics for Business
Decision Making › Quantitative Business
Analysis › The Business Environment › Understanding Business › Managing Business
Communication A (zero credit points)
› Integrated Business Applications (Capstone)
6 core subjects › Accounting 1A or Accounting
Information for Decision-Making
› Microeconomic Principles › Techniques and Elements of
Finance › Principles of Management › Marketing Fundamentals › Quantitative business
Decisions or Introductory Statistics or Statistical Data Analysis
Plus › designated People unit › designated Planet unit
Majors available (first and second, structure etc)
Core majors (8 subjects) › Accounting › Economics* › Finance* › Financial Services › Marketing* › Marketing
Communications › Management* › Human Resources
Management › International Business
Available as second majors › Business Law › Information Technology
* available as extended major
Commerce Majors (8 subjects) › Accounting › Business Economics › Business Law › Business Strategy and
Economic Management › Finance › Financial Economics › Human Resource
Management › Information Systems › International Business › Management › Marketing › Real Estate Studies › Taxation
Other approved majors › Languages: Chinese;
French; German; Spanish and Latin America; Japanese; or Korean Studies
Commerce Majors (6 subjects) › Accounting › Business Analytics › Business Information
Systems › Commercial Law › Econometrics › Economics › Finance › Industrial Relations and
HRM › International Business › Management › Marketing
2nd major from anywhere within the University of Sydney
Commerce Majors (8 subjects including core) › Accounting › Business Information
Systems › Decision Science › Demographics › Economics › Entrepreneurship › Finance › Human Resources › International Business › Marketing
Minors/Sub-Majors, including from other faculties
34 Sub-Majors All majors are available as a Minor (5 subjects)
Electives from Business School, 3 elective/major subjects in first year
Minor = min 12 credit points (200 level)
Elective subjects from other faculties
Up to 4 subjects (24 credit points) from any faculty at UTS as electives or elective sequence (equivalent of sub-major)
Up to 6 subjects (36 credit points) as free electives (part of degree’s ‘Breadth Component’)
Up to 8 subjects (48 credit points) subject to faculty approval. In theory can do whole major in other faculty
Up to 9 subjects (27 credit points) - minimum Commerce designated credit points = 42 out of 69
COMPARISON BETWEEN BUSINESS AND COMMERCE PROGRAMS
UTS Business School
UNSW Australian School of Business
University of Sydney Business School
Macquarie University Faculty of Business and Economics
Capstone subjects
Capstone subject in each major No capstone One core capstone subject (Integrated Business Applications)
Capstone subject in each major
When do students choose majors/specialisation
At the end of first year At the end of first year, although optional core subjects form part of majors
Some majors require first year core units to be selected
Some majors require first year core units to be selected
Internship subjects available
Yes, students can complete an assessed internship subject as part of some majors or as an elective
None within the Commerce program
Yes, an industry placement structured around three assessed tasks
Yes, students can complete an assessed internship subject as an elective
Part-time/Night-time
Evening classes available for all core subjects. 24/7 access to building
Evening classes are available for some subjects
No night classes available Evening classes are available for some subjects
Combined degrees available
› Creative Intelligence and Innovation
› International studies › Law › IT › Engineering › Medical Science › Biotechnology › Science
Note: International Studies allows the completion of a full Bachelor of Business, where as other combinations restrict students to 1 major in business
› Arts › Media/PR › Fine arts › Information Systems › Law › Science › Secondary Education › Engineering
Note: Combined degrees allows completion of core and 1 major only
› Arts › Science › Engineering › IT › Law › Medicine and Surgery
Note: Combined degrees allows completion of core and 1 major only
› Arts › Laws › Science › Engineering › Some specialist business
majors offered as combined degree
Note: Combined degrees allows completion of core and 1 major only
Current AACSB accreditation
Yes Yes Yes Yes
FREQUENTLY ASKED QUESTIONS
Why is there a difference between the published ATAR cut-offs between the four programs?
The published ATAR cut-off does not reflect the level of difficulty or complexity of each program. It more reflects both the supply of places available to applicants who have just completed their HSC (current school leavers), the demand of those applicants, and the ATAR scores they achieved.
So if a university wishes to make 200 offers for current school leavers, does the published cut-off represent the score of the 200th ranked student?
As all universities allow some form of flexible entry, bonus points etc, many students actually receive an offer with ATARs below the published cut-off.
Why does UTS call their degree a Business degree, when UNSW, Sydney and Macquarie call theirs a Commerce degree?
Commerce is not used as frequently (overseas and in Australia) as Business in relation to course or school/faculty names. At UTS we feel the name Business reflects the broad nature of the degree and its application across industries and sectors.
Are Commere degrees more orientated towards study in mathematical or finance fields than Business degrees?
No. There is no difference in the core mathematical requirements between business and commerce. Students in the Bachelor of Business can elect to do an extended major in Finance, meaning half their degree can focus in this field. Students particularly interested in mathematics and finance may also be interested in the Bachelor of Mathematics and Finance (ATAR cut-off 79.65).
Does it matter whether I did Business Studies or Economics at school?
No. None of the programs assume you have already studied any business or economics before.
If I want to change from a Commerce degree to the UTS Bachelor of Business what do I do?
You need to apply through UAC (if you are a local student, or the UTS International Office if you are an international student). Depending on the subjects you have successfully completed, you may be eligible for recognition of prior learning.
When do I need to decide on specialisations?All of the Business and Commerce programs shown above have the advantage of allowing students to choose to specialise as their interests and aspirations develop. Students within the UTS Bachelor of Business undertake an integrated core throughout the first year of their degree, giving a taste of different specialisations before these are selected the following year.
CRICOS Providoer Code: 00099F
DISCLAIMER: The information in this brochure is correct at March 2015. Changes in circumstances after this date may alter the accuracy or currency of the information. UTS reserves the right to alter any matter described in this brochure without notice. Readers are responsible for verifying information that pertains to them by contacting the university.
UTS Business School
UNSW Australian School of Business
University of Sydney School of Economics
Macquarie University Faculty of Business and Economics
Main Course Name
Bachelor of Economics Bachelor of Economics Bachelor of Economics Bachelor of Economics
UAC Course Code
TBA 424400 511235 300209
2015 published ATAR cut-off
New course 93.00 91.55 80.00
Best web site for full information
business.unsw.edu.au/programs-courses/undergraduate/bachelor-commerce-bcom
sydney.edu.au/handbooks/business_school/b_commerce/b_commerce.shtml
courses.mq.edu.au/undergraduate/degree/bachelor-of-commerce
Entry pathways › InpUTS scheme › Priority Schools program › HSC Bonus Points - up to
5 points for Band 5 or 6 for English, Mathematics, Business Studies and Economics
› Athletes and Performers bonus (5 bonus points)
› School’s Recommendation Scheme
› Guaranteed Entry Schemeuts.edu.au/future-students/undergraduate/high-school-students/entry-schemes-and-pathways
› Access Scheme › HSC Plus - up to 5
points for English and Mathematics
› Elite Athletes & Performers Program
› University Preparation Program (UPP)
› UNSW Prep
› E12 Scheme (Principal’s Recommendation for financial disadvantage)
› Broadway Scheme (priority schools)
› Elite Athletes and Performers Scheme
› Cadigal Alternate Entry Scheme
› Special Consideration Admission Scheme
› Flexible entry Schemesydney.edu.au/future-stu-dents/domestic/undergradu-ate/access-sydney/transfer-ring.shtml
› Elite Athletes and Performers Scheme
› Lighthouse Scheme for educational/ financial disadvantage (EAS Scheme)
› HSC Bonus Points award for Economics, Business Studies, English Advanced, Legal Studies, Mathematics
› Guaranteed entry program › School’s Recommendation
Scheme (early entry) mq.edu.au/study/undergradu-ate/getting_in/entry_schemes_and_pathways/
Course credit points
› 144 (usually 24 subjects)
› 144 (usually 24 subjects)
› 144 (usually 24 subjects)
› 69 (usually 23 subjects)
COMPARISON BETWEEN ECONOMICS PROGRAMS A key question we get asked is what the real differences are between similar courses at UNSW, the University of Sydney and Macquarie University. The following tables highlight the similarities and differences between the Economics at each university, including the new Bachelor of Economics at UTS. Each of the programs provide a robust, world-class education across key fields of business and management, and each will provide a strong foundation on which graduates can pursue a rewarding career.
While published ATAR cut-offs vary, none of the programs require any specific prior knowledge in mathematics, business studies or economics. While each Bachelor of Economics degree, as you would expect, features an Economics major, the composition of this major, and of other elements that make up the degree, vary from course to course.Differences include the selection of majors, composition of core and capstone subjects, opportunities for internships and ability to combine full-time work with study.
(note: this information is compiled from information currently available on each school’s websites and other sources where noted. While every effort has been made in terms of accuracy we recommend viewing each site before making any decision on courses)
UTS Business School
UNSW Australian School of Business
University of Sydney School of Economics
Macquarie University Faculty of Business and Economics
Course structure
› 11 core Economics subjects (66 credit points)
› 4 Economics elective subjects (24 credit points)
› 9 elective subjects (54 credit points) which can be either a major, 2 sub-majors or electives
› 14 subjects (84 credit points) from within the School of Economics including › 8 core Economics
subjects (48 credit points) › An additional 4
subjects (24 credit points) in Economics, Econometrics or Financial Economics major
› 2 electives (12 credit points) in electives
› 10 elective subjects that can constitute a major but must include at least 2 subjects (12 credit points) from outside outside UNSW Business School
› Minimum of 16 subjects from the School of Economics or Business, including: › 6 core Economics
subjects (36 credit points) › 10 subjects (60 credit
points) from Economics or Business including a 6 subject (36 credit point major in Economics, Econometrics, Agricultural Economics, Environmental and Resource Economics or Financial Economics
› Up to 8 subjects (48 credit points) from throughout the University
› 11 Economics subjects (33 credit points)
› 12 elective subjects (36 credit points) including: › Completion of a
designated People unit › Completion of a
designated planet unit › Completion of a
designated PACE (Professional and Community Engagement) unit
Core subjects 11 core subjects › Microeconomics Principles › Macroeconomics
Principles › Business Statistics › Game Theory › Market Design › Mathematics for
Economics and Business › Intermediate
Microeconomics › Intermediate
Macroeconomics › Introductory Econometrics › Applied
Microeconometrics › Capstone: Economic Policy
and Market DesignPlus 4 subjects out of the following: › Economics of the
Environment › Labour Economics › Public Economics › Industrial Organisation › Economics of Money and
Finance › Economic Growth and
Development › Experimental Economics › Health Economics › Behavioural Economics
8 core subjects › Accounting and Financial
Management 1A › Microeconomics 1 › Macroeconomics 1 › Quantitative Analysis for
Business and Economics › Business and Economic
Statistics › Economic Analysis › Microeconomics 2 › Introductory Econometrics
6 core subjects › Introductory
Microeconomics › Introductory
Macroeconomics › Business and Economic
Statistics A › Business and Economics
Statistics B › Intermediate
Microeconomics › Intermediate
Macroeconomics
11 core subjects › Macroeconomic Principles › Microeconomic Principles › Introductory Statistics or
Statistical Data Analysis › Microeconomic Analysis › Macroeconomic Analysis › Econometric Principles › Introductory Econometrics › Current Issues in Economics › Industrial Organization › Macroeconomic Policy › The Japanese Economy › International Money and
Finance or Econometric Methods
Economics major options
Economics major built into core units
› Econometrics › Economics › Financial Economics
› Economics › Econometrics › Agricultural Economics › Environmental and
Resource Economics › Financial Economics
Economics major built into core units
COMPARISON BETWEEN UNDERGRADUATE ECONOMICS PROGRAMS
UTS Business School
UNSW Australian School of Business
University of Sydney School of Economics
Macquarie University Faculty of Business and Economics
Second majors include
› Finance (TBC) › Human Resource
Management › Management › Marketing › Marketing Communication › Business Law › Information Technology
Students can also choose from 20 different sub-majors
› Accounting › Business Law › Finance › Human Resource
Management › Information Systems › International Business › Management › Marketing › Mathematics › Psychology › Real Estate Studies › Statistics › Taxation
› Accounting › Business Information
Systems › Commercial Law › Finance › Industrial Relations
and Human Resource Management
› International Business › Management › Marketing › Quantitative Business
Analysisas well as a 2nd major from the Economics majors list and some Faculty of Arts major areas
Electives available may be grouped into a specific field of study that would constitute the equivalent of a major
Elective subjects from other faculties
Up to 9 subjects (54 credit points) are free electives, which can be taken throughout UTS
Up to 6 subjects (36 credit points) as free electives (part of degree’s ‘Breadth Component’)
Up to 8 subjects (48 credit points) subject to faculty approval. In theory can do whole major in other faculty
Up to 9 subjects (27 credit points) - minimum Commerce designated credit points = 42 out of 69
Capstone subjects
Economic Policy and Market Design
No capstone No capstone Current Issues in Economics (Capstone and PACE Unit)
Combined degrees available
Note: Combined degrees still to be determined
› Actuarial Studies › Arts › Commerce › Education (secondary) › Laws › Science › Science (Advanced
Mathematics) › Science (Advanced)
Note: Combined degrees allows completion of core and 1 major only
› Law › Medicine and Surgery
Note: Combined degrees allows completion of core and 1 major only
› Applied Finance