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Bachelor of Business – Finance major
Melbourne City
INTAKE: Feb, Jul & Oct
Program Overview
The Bachelor of Business with a major in Finance at RMIT University is designed to provide students with a comprehensive understanding of financial principles, markets, and practices essential for careers in finance, banking, investments, and corporate finance. This program combines theoretical knowledge with practical skills, preparing students to analyze financial data, make informed decisions, and manage financial resources effectively in dynamic global markets.
Curriculum: The curriculum of the Bachelor of Business – Finance major covers core business disciplines such as accounting, management, marketing, and economics, supplemented by specialized courses in financial management, investments, financial markets, and risk management. Students engage in case studies, simulations, and projects that apply financial theories to real-world scenarios, equipping them with skills in financial analysis, valuation techniques, and financial modeling.
Research Focus: RMIT University emphasizes research within the Bachelor of Business – Finance major, encouraging students to explore topics such as financial markets, investment strategies, corporate finance, and financial risk management. Through research-oriented courses and opportunities to collaborate with faculty on research projects, students develop critical thinking skills, quantitative analysis techniques, and the ability to apply research findings to solve complex financial problems.
Industry Engagement: The Bachelor of Business – Finance program at RMIT fosters strong industry connections through partnerships with financial institutions, investment firms, multinational corporations, and regulatory bodies. Students have opportunities to participate in industry placements, internships, and collaborative projects that provide practical insights into financial operations, regulatory compliance, and strategic financial management practices.
Global Perspective: With a commitment to providing a global perspective, RMIT integrates international experiences into the Bachelor of Business – Finance major. Students can participate in study abroad programs, international finance competitions, or global financial market simulations. These opportunities expose students to diverse financial systems, regulatory frameworks, and economic environments, preparing them to work in multinational corporations, global financial markets, and international financial institutions.
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.
Graduating with a Bachelor of Business – Finance major from RMIT University provides students with a strong foundation in financial principles and practices, preparing them for diverse and rewarding career opportunities in finance, banking, investments, and corporate finance.
Financial Analyst: Many graduates start their careers as financial analysts, working for financial institutions, investment banks, or corporations. They analyze financial data, assess investment opportunities, and provide recommendations to clients or senior management based on market trends and economic forecasts.
Investment Banker: Graduates may pursue roles in investment banking, where they advise corporations, governments, and institutions on mergers and acquisitions, capital raising, and corporate finance strategies. They work on financial transactions, conduct due diligence, and negotiate deals to optimize financial outcomes for their clients.
Asset Manager: In the field of asset management, graduates manage investment portfolios for individuals, institutions, or mutual funds. They assess risk tolerance, allocate assets across different asset classes (such as equities, bonds, and alternative investments), and monitor portfolio performance to achieve financial objectives.
Financial Planner: Some graduates become financial planners, helping individuals and families manage their finances, plan for retirement, and achieve their financial goals. They provide personalized advice on investments, tax strategies, estate planning, and risk management, ensuring clients' financial security and well-being.
Corporate Treasurer: Graduates may work as corporate treasurers in corporations or multinational companies, managing corporate liquidity, cash flow, and financial risks. They oversee financial operations, develop financing strategies, and optimize capital structure to support business growth and profitability.
Risk Manager: With a focus on risk management, graduates can pursue careers as risk managers or financial controllers. They identify, assess, and mitigate financial risks such as market risk, credit risk, and operational risk to protect organizations from potential losses and ensure regulatory compliance.
Financial Consultant: Graduates with strong analytical skills and business acumen may work as financial consultants or advisors, providing strategic financial advice to businesses or high-net-worth individuals. They analyze financial statements, develop financial plans, and recommend strategies to improve financial performance and achieve sustainable growth.
Insurance Analyst: In the insurance sector, graduates analyze insurance products, assess risk factors, and calculate premiums. They work for insurance companies, brokers, or regulatory agencies to ensure financial stability and compliance with insurance regulations.
Entrepreneurship and Investment Management: Graduates with an entrepreneurial mindset may start their own financial consulting firms, investment management companies, or fintech startups. They innovate new financial products or services, leverage technology to streamline financial processes, and capitalize on emerging opportunities in the global financial market.
Professional Development and Networking: Throughout their studies at RMIT, students have opportunities to engage with industry professionals, participate in internships, and attend networking events. These experiences not only enhance their technical skills and industry knowledge but also expand their professional network, providing them with valuable connections and career opportunities.
