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Changes to Business Programs for 2012
Cherida Longley
Senior Manager, Marketing and Business Development
Office of the Pro-Vice Chancellor
College of Business
Tass Katsoulidis
Senior Advisor, Learning and Teaching
Office of the Pro-Vice Chancellor
College of Business
RMIT University©2008 Information Technology Services 2
Overview
• RMIT 3 year Bachelor of Business degrees
• Rationale for revisions
• Review and consultations undertaken in 2010
• Common degree structures
• Major and minor sequences
• Examples of student selections
RMIT University©2008 Information Technology Services 3
RMIT 3 year Bachelor of Business degrees
• VTAC course codes for 3 year Bachelor of Business degrees remain unchanged from 2010:
– Bachelor of Business (Accountancy)32441 (CSP), 32443 (IFP) , PT: 32611 (CSP)
– Bachelor of Business (Economics and Finance)32501 (CSP), 32503 (IFP) PT: 32781 (CSP)
– Bachelor of Business (Entrepreneurship)33311 (CSP), 33313 (IFP)
– Bachelor of Business (International Business)32511 (CSP), 32513 (IFP) PT: 32751 (CSP)
– Bachelor of Business (Logistics & Supply Chain Management)32531 (CSP), 32533 (IFP) PT: 32631 (CSP)
– Bachelor of Business (Management)32491 (CSP), 32493 (IFP) PT: 33041 (CSP)
– Bachelor of Business (Marketing)32541 (CSP), 32543 (IFP) PT: 32801 (CSP)
RMIT University©2008 Information Technology Services 4
Rationale for revisions to 3-year degrees
• Improve student engagement and experience
– Transition to Higher Education and embedded academic/learning skills
– Cohort experience and degree-based tutorials
• Increase student choice and flexibility
– Unlocked degree structures
– 8 common core courses, 8 major courses and 8 flexible courses
– Approved suite of minors in Business and in other disciplines
• Broaden skills and enhance graduate outcomes
– Build and enhance communication and critical thinking skills, and global and social awareness
– Opportunities to enhance outcomes by packaging disciplines to meet the needs of the business community for flexible, well-rounded and broader-thinking graduates
RMIT University©2008 Information Technology Services 5
Review and consultations in 2010
• A 12 month review focussed on existing 3-year Bachelor of Business degrees
• The review was driven by consultations with internal and external stakeholders:
– Careers Advisers
– VCE students, current students, recent graduates and Alumni
– Business community, professional associations and graduate employers
• Opportunities to package specialisations according to student interest or professional need were favoured highly by students and graduate employers
• Degree structures were validated by graduate employers and representatives of the business community
• A review of existing 4 year Bachelor of Business degrees in partnership with stakeholders is planned for 2011-12
RMIT University©2008 Information Technology Services 6
RMIT University©2008 Information Technology Services 7
Second business majors
• Accountancy
• Business Information Systems
• Economics
• Entrepreneurship
• Finance
• Human Resource Management
• International Business
• Logistics and Supply Chain Management
• Management
• Marketing
RMIT University©2008 Information Technology Services 8
Minors
Business minors
• Accountancy
• Business Information Systems
• Economics
• Economics and Finance
• Entrepreneurship
• Finance
• Human Resource Management
• International Business
• Logistics and Supply Chain Management
• Management
• Marketing
• Work Integrated Learning
Other minors
• Advanced Applied Mathematics
• Advanced Statistics
• Advanced Statistics and Data Management
• Applied Mathematics and Statistics
• Chinese
• French
• Criminal Law and Legal Studies
• Criminology
• Conflict and Conflict Mediation
• Contemporary Crime
• Geospatial
• Global Aspects of Crime
• GPS and Geospatial
• Indigenous Studies
• International Area Studies
• International Studies
• Politics Global and Local
• Japanese
• Spanish
• Social Justice
• Statistics and OR
• Sustainability and Environment
RMIT University©2008 Information Technology Services 9
Bachelor of Business (Marketing)Incorporating a second major in Management
Year 1 Year 2 Year 3
Introductory Accounting Commercial Law Business to Business Marketing
Macroeconomics 1 Marketing Communication
Service Quality
Introduction to Management
Market Research Product Innovation Management
Business Computing 1 Strategic Marketing Global Marketing
Marketing Principles Organisational Behaviour International Management
Prices and Markets Ethics and Governance Leadership and Managing Change
Business Statistics 1 Organisational Theory The Entrepreneurial Process
Buyer Behaviour Human Resource Management
Strategic Management
RMIT University©2008 Information Technology Services 10
Bachelor of Business (Accountancy)Incorporating two minors in Accounting Professional Services* and Business Information Systems.
Year 1 Year 2 Year 3
Introductory Accounting Commercial Law Accounting Theory
Macroeconomics 1 Corporate Accounting Management Accounting Systems
Introduction to Management
Management Accounting and Business
Strategic Decision Making for Accountants
Business Computing 1 Cost Management and Applications
Company Law
Marketing Principles Taxation 1 Ethical Issues in Accounting
Prices and Markets Auditing Forensic Accounting
Business Statistics 1 Introduction to BIS Development
Business Analysis and Design 1
Financial Accounting Business Database Fundamentals
Business IT
* A requirement for students seeking to meet the requirements for admission to membership of the professional accounting bodies in Australia.
RMIT University©2008 Information Technology Services 11
Bachelor of Business (International Business)Incorporating minors in Economics and Chinese
Year 1 Year 2 Year 3
Introductory Accounting Commercial Law Global Entrepreneurship
Macroeconomics 1 Global Marketing Strategic Management
Introduction to Management
Issues in International Business
Culture and Business Practice in Asia
Business Computing 1 International Human Resources
International Political Economy: Business, Resources and Politics in the Global Era
Marketing Principles Price Theory International Monetary Economics
Prices and Markets Macroeconomics 2 International Trade
Business Statistics 1 Chinese 1 Chinese 3
International Management
Chinese 2 Chinese 4
RMIT University©2008 Information Technology Services 12
Bachelor of Business (Entrepreneurship)Incorporating a minor in Work Integrated Learning and 4 student electives
Year 1 Year 2 Year 3
Introductory Accounting Commercial Law Finance & Regulation for Entrepreneurs
Macroeconomics 1 Applied Entrepreneurship
New Venture Creation
Introduction to Management
Intrapreneurship Family Business and Entrepreneurship
Business Computing 1 Global Entrepreneurship Human Resource Management
Marketing Principles Learning portfolio Industry-based project 1
Prices and Markets Business strategy Industry-based project 2
Business Statistics 1 Forecasting Sustainability, Society and Environment
The Entrepreneurial Process
Energy Policy and Management
Ethics & Governance