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Bachelor of Business (Financial Planning)/ Bachelor of Business (Accountancy)
Melbourne City
INTAKE: Feb, Jul & Oct
Program Overview
The Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) program at RMIT University integrates two key disciplines in business, preparing students for careers in financial planning and accountancy. This dual-degree program offers a comprehensive education that combines theoretical knowledge with practical skills relevant to both fields.
Curriculum: The curriculum of the Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) program at RMIT University is designed to provide students with a strong foundation in financial planning and accounting principles. Students study core business subjects such as financial accounting, management accounting, taxation, auditing, business law, economics, and financial management. Specialized courses focus on financial planning strategies, investment principles, retirement planning, superannuation, and risk management.
Research Focus: RMIT University emphasizes a research-oriented approach within the Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) program. Students have opportunities to engage in research projects exploring financial markets, investment trends, regulatory frameworks, and emerging issues in financial planning and accounting. Faculty members contribute to industry-relevant research, enhancing students' understanding of contemporary challenges and innovative practices in finance and accounting.
Industry Engagement: The program fosters strong industry engagement through partnerships with financial institutions, accounting firms, investment companies, and regulatory bodies. Students participate in industry placements, internships, case competitions, and networking events that provide practical experience and insights into real-world financial planning and accounting practices. Industry collaborations ensure graduates develop professional skills, build industry networks, and gain exposure to diverse career opportunities in finance and accounting sectors.
Global Perspective: RMIT University integrates a global perspective into the Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) program, preparing students for careers in the global financial marketplace. The curriculum includes international finance, cross-border investments, global regulatory frameworks, and opportunities for international study exchanges or internships abroad. This global outlook equips students with the knowledge and skills to navigate international finance and accounting environments, enhancing their competitiveness in the global job market.
Location
Melbourne City
Score
IELTS 6.5
Tuition Fee
AUD 40320
Undergraduate Entry Requirements
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
- TOEFL: Overall score of 79 with a minimum of 12 in each section.
- PTE (Pearson Test of English): Overall score of 58 with a minimum of 50 in each section.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.
RMIT University offers a range of scholarships to international students to support their educational journey. These scholarships are designed to recognize academic excellence, leadership potential, and contributions to the community.
Vice-Chancellor's International Scholarship: This prestigious scholarship is awarded to high-achieving international students and covers a percentage of their tuition fees.
Destination Australia Scholarship: This scholarship is for students studying in regional Australia, including some RMIT campuses, and provides financial support to eligible international students.
Science Engineering Health Scholarship: Specifically for students enrolling in science, engineering, or health programs, this scholarship is awarded to those who demonstrate academic merit.
Cultural Visions Scholarship: This scholarship is designed to support students from diverse cultural backgrounds and aims to foster inclusivity and diversity within the university community.
Sports Scholarship: RMIT also offers scholarships to outstanding athletes, supporting them in balancing their sports commitments with their academic pursuits.
Graduates of the Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) program from RMIT University are well-equipped with a versatile skill set and dual expertise in financial planning and accountancy. This unique combination opens up a wide array of career opportunities across various sectors in finance, accounting, and business management.
Financial Planner: Financial planners help individuals and organizations manage their finances by providing advice on investments, retirement planning, taxation, insurance, and wealth management strategies. They analyze clients' financial situations, develop personalized financial plans, and monitor their financial progress to help clients achieve their financial goals.
Accountant: Accountants play a crucial role in managing financial records, preparing financial statements, conducting audits, and ensuring compliance with tax regulations and accounting standards. They work in accounting firms, corporations, government agencies, and non-profit organizations, performing financial analysis, budgeting, and providing strategic financial advice to stakeholders.
Auditor: Auditors examine financial records, internal controls, and compliance processes within organizations to ensure accuracy, transparency, and adherence to regulatory requirements. They identify financial risks, assess operational efficiencies, and recommend improvements to financial systems and procedures to enhance organizational performance and accountability.
Tax Advisor/Consultant: Tax advisors or consultants specialize in tax planning, compliance, and strategy development for individuals and businesses. They interpret tax laws and regulations, optimize tax liabilities, prepare tax returns, and provide advice on tax-efficient investment strategies and financial decisions to minimize tax burdens and maximize financial outcomes.
Financial Analyst: Financial analysts analyze financial data, market trends, and economic indicators to provide insights and recommendations for investment decisions, financial planning, and business strategy development. They work in banks, investment firms, corporate finance departments, and government agencies, conducting financial modeling, risk assessment, and performance analysis.
Investment Advisor/Portfolio Manager: Investment advisors or portfolio managers manage investment portfolios for individuals, institutions, and corporations. They assess clients' risk tolerance, financial goals, and investment preferences to develop customized investment strategies, allocate assets, monitor portfolio performance, and optimize investment returns in line with market conditions and client objectives.
Financial Risk Manager: Financial risk managers identify, assess, and mitigate financial risks within organizations, including credit risk, market risk, liquidity risk, and operational risk. They develop risk management strategies, implement risk mitigation measures, and monitor risk exposure to safeguard financial assets and ensure regulatory compliance in dynamic financial environments.
Management Accountant: Management accountants provide financial analysis, budgeting, and performance evaluation services to support strategic decision-making and operational planning within organizations. They analyze costs, profitability, and financial trends, prepare management reports, and collaborate with business leaders to optimize resource allocation and achieve organizational goals.
Corporate Treasurer: Corporate treasurers oversee cash management, liquidity, and financial risk for corporations. They manage corporate finances, including cash flow forecasting, capital budgeting, and investment strategies. They ensure efficient use of financial resources, maintain banking relationships, and implement financial policies to support corporate growth and financial stability.
Financial Services Consultant: Financial services consultants provide specialized advice and solutions to financial services firms, including banks, insurance companies, and investment firms. They offer expertise in regulatory compliance, financial product development, market analysis, and customer relationship management to help firms navigate regulatory changes, enhance operational efficiency, and achieve business objectives.
Career Development Support: RMIT University offers comprehensive career development support to Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) students, including industry placements, internships, professional development workshops, networking events, and access to a global alumni network. This support equips graduates with practical experience, professional connections, and industry-relevant skills to excel in their chosen careers in finance, accounting, and business management.
