Master of Accounting
Macquarie University, located in Sydney, Australia, is renowned for its excellence in e...
Bachelor of Commerce (Decision Science)
North Ryde (Sydney)
INTAKE: Jul & Feb
Program Overview
The Bachelor of Commerce (Decision Science) program at Macquarie University is designed to equip students with the knowledge and skills in decision-making processes using data-driven insights. This program integrates principles of economics, mathematics, statistics, and computer science to analyze and solve complex business problems. Students learn to apply quantitative methods and analytical tools to optimize decision-making in various business contexts, preparing them for careers in data analysis, business intelligence, operations research, and management consulting.
Curriculum: The curriculum of the Bachelor of Commerce (Decision Science) program includes core courses in business fundamentals, decision theory, statistics, operations research, and data analytics. Students study topics such as econometrics, business modeling, optimization techniques, predictive analytics, and decision support systems. Practical components of the curriculum include case studies, simulations, and projects that allow students to apply theoretical knowledge to real-world business scenarios. Elective courses offer specialization in areas such as financial modeling, risk analysis, and big data management.
Research Focus: Macquarie University emphasizes research in decision science, focusing on areas such as predictive modeling, risk management, optimization theory, and business analytics. Faculty members and students engage in research projects that apply quantitative methods to solve business challenges and improve decision-making processes. Students have opportunities to participate in research initiatives, gaining hands-on experience and contributing to advancements in decision science theory and practice.
Industry Engagement: The program maintains strong ties with industry partners, including multinational corporations, financial institutions, government agencies, and technology firms. Industry engagement activities include guest lectures, industry workshops, and collaborative projects that provide students with insights into real-world applications of decision science. Internship opportunities and industry placements allow students to gain practical experience, develop professional skills, and build networks within the business and analytics sectors.
Global Perspective: Macquarie University promotes a global perspective in the Bachelor of Commerce (Decision Science) program by addressing international business trends, global economic challenges, and cross-cultural implications of decision-making. Students explore case studies from diverse geographical regions, participate in international study tours, and have opportunities for exchange programs with partner universities worldwide. This global focus prepares graduates to work in multinational companies, where they can apply their decision science skills to address global business challenges effectively.
Location
North Ryde (Sydney)
Score
IELTS 6.5
Tuition Fee
AUD 43200
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 6.5 or 7.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 100 with a minimum of 23 in each section.
- PTE (Pearson Test of English): Overall score of 64 with a minimum of 57 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.
Macquarie University is providing opportunities to support students with their educational journey through various scholarship programs. These scholarships are designed to help students achieve their academic goals and alleviate financial stress.
Vice-Chancellor's International Scholarship: This scholarship is offered to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees for the course duration and is awarded based on academic merit.
Macquarie University International Scholarship: This scholarship is available to international students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers a portion of the tuition fees, ranging from AUD 5,000 to AUD 10,000 per year, depending on the course and level of study.
Destination Australia Scholarship: This scholarship is offered to domestic and international students who are studying in regional Australia. The scholarship covers a portion of the tuition fees and provides a living allowance of AUD 15,000 per year.
Indigenous Scholarship Program: This scholarship program is designed to support Indigenous Australian students who are pursuing an undergraduate or postgraduate degree at Macquarie University. The scholarship covers full tuition fees and provides additional support such as accommodation and living allowances.
Merit Scholarship: This scholarship is offered to students who have demonstrated outstanding academic performance in their previous studies. The scholarship covers a portion of the tuition fees and is available to both domestic and international students.
Women in Leadership Scholarship: This scholarship is designed to support female students who are pursuing a postgraduate degree in a leadership-related field. The scholarship covers full tuition fees and provides additional support such as mentoring and networking opportunities.
Graduates of Macquarie University's Bachelor of Commerce (Decision Science) program possess a unique skill set that prepares them for diverse and dynamic career opportunities at the intersection of business management, data analytics, and decision science. This program equips students with the quantitative and analytical skills necessary to excel in roles that require strategic decision-making based on data-driven insights.
Data Analyst: Data analysts collect, process, and analyze data to uncover trends, patterns, and insights that inform business decisions. They utilize statistical software and programming languages to manipulate data sets and create visualizations that aid in understanding business performance and market trends.
Business Intelligence Specialist: Business intelligence specialists transform raw data into actionable insights that guide organizational strategies and decision-making processes. They design and implement data warehousing systems, develop dashboards and reports, and provide stakeholders with timely and accurate information for strategic planning.
Operations Research Analyst: Operations research analysts use mathematical modeling and optimization techniques to solve complex business problems related to resource allocation, production scheduling, and supply chain management. They analyze data to improve efficiency, reduce costs, and enhance decision-making processes within organizations.
Management Consultant: Management consultants advise organizations on strategic management issues, leveraging data analytics and decision science principles to optimize business performance. They conduct analysis, develop recommendations, and support clients in implementing solutions that drive operational efficiency and profitability.
Financial Analyst: Financial analysts assess financial data and market trends to provide insights into investment decisions, risk management strategies, and financial forecasting. They use quantitative methods to evaluate financial performance, analyze economic factors, and recommend investment opportunities based on data analysis.
Risk Analyst: Risk analysts assess and manage financial and operational risks within organizations. They use statistical analysis and risk modeling techniques to identify potential risks, evaluate their impact, and develop strategies to mitigate risks and ensure business continuity.
Market Research Analyst: Market research analysts study consumer behavior, market trends, and competitive landscapes to help organizations understand market opportunities and develop effective marketing strategies. They conduct surveys, analyze data, and prepare reports that inform product development and market positioning.
Supply Chain Analyst: Supply chain analysts optimize supply chain operations by analyzing data related to inventory management, logistics, and procurement. They identify inefficiencies, forecast demand, and implement strategies to improve supply chain performance and reduce costs.
Business Analyst: Business analysts bridge the gap between business stakeholders and IT teams, translating business requirements into technical solutions. They analyze business processes, identify opportunities for improvement, and facilitate the implementation of technological solutions that enhance business operations.
Data Scientist: Data scientists use advanced statistical analysis, machine learning, and data mining techniques to extract insights and predictive models from large data sets. They work on complex data problems across various industries, driving innovation and supporting strategic decision-making processes.
