Professional Documents
Culture Documents
of Queensland
FMAA (UQ) Bachelor of Commerce Guide| 2017 Edition | 1
Contents
About the FMAA .................................................................................................................................... 4
2017 Executive ....................................................................................................................................... 5
2017 Sponsors ........................................................................................................................................ 6
Acknowledgements ............................................................................................................................... 7
Welcome to the Bachelor of Commerce ............................................................................................... 8
Compulsory Courses ............................................................................................................................. 12
ACCT1101: Accounting for Decision Making .................................................................................... 13
ACCT2101: Financial Reporting ........................................................................................................ 14
ACCT2102: Principles of Management Accounting .......................................................................... 15
ECON1010: Introductory Microeconomics ...................................................................................... 16
ECON1020: Introductory Macroeconomics ..................................................................................... 17
ECON1310: Quantitative Economic & Business Analysis A .............................................................. 18
FINM2401: Financial Management .................................................................................................. 19
LAWS1100: Business Law ................................................................................................................. 20
BISM1201: Transforming Business with Information Systems ......................................................... 21
MGTS1301: Introduction to Management ....................................................................................... 22
MKTG1501: Foundations of Marketing ............................................................................................ 23
RBUS3904: Integrated Commerce in Practice .................................................................................. 24
Accounting Major ................................................................................................................................. 25
ACCT3101: Auditing & Public Practice .............................................................................................. 26
ACCT3102: External Reporting Issues ............................................................................................... 27
ACCT3103: Accounting for Corporate Structures ............................................................................. 28
ACCT3104: Management Accounting .............................................................................................. 29
ACCT3105: Advanced Management Accounting .............................................................................. 30
LAWS3100: Corporate Law ............................................................................................................... 31
LAWS3101: Income Tax Law ............................................................................................................. 32
BIS Major .............................................................................................................................................. 33
BISM3222: Information Analysis & System Design .......................................................................... 34
BISM2202: Data Analytics & Information Management .................................................................. 35
BISM3203: Managing Business Data ............................................................................................... 36
BISM3208: Information Systems Strategy ....................................................................................... 37
BISM3201: Accounting Information Systems .................................................................................. 38
BISM2233: eBusiness Systems & Strategy ....................................................................................... 39
BISM2203: Business Process Management ..................................................................................... 40
BISM3205: Business Information Security ...................................................................................... 41
The Financial Management Association of Australia (FMAA) was founded in 1990 with its first branch
at the University of Melbourne. Four years later, in 1994, a second branch at the University of
Sydney was established. The dynamic student body continued to enjoy strong support from its
members for its highly professional reputation and in 1995, a third branch was established at the
University of Queensland, followed by branches at the University of New South Wales (2009) and
Monash University (2012).
Today, with the continuing support of Gold and Founding Sponsor, the Macquarie Group, FMAA
members continue to enjoy the genuine value that the society has strived to offer and maintain. The
continued growth of FMAA has allowed it to hold the position as Australias largest professionally
focused student organisation.
At the University of Queensland (UQ), the FMAA is a student society that is affiliated with the UQ
Union and hosts a number of events, with the support from a vast number of sponsors, including:
These events are held throughout the year to benefit students of all levels of their tertiary education
studying Commerce, Economics, Law, Information Technology, Science, Business Management and
Engineering.
For more information about the FMAA and our events and competitions, please refer to our website
or Facebook page.
www.facebook.com/fmaabrisbane
2017 Executive
2017 Sponsors
Financial Services
Professional Services
Management Consulting Other Professional Services &
Organisations
Acknowledgements
The FMAA (UQ) would like to thank all those who have contributed to the guide with special
mention to the following:
Sean McBurnie
Annabelle van der Jagt
Patrick Egstorf
Brody MacGinley
Andrew Kilner
Caitlin Chan
Samantha Scheid
Alex Harris
Brandon Mein
Andre Silva
Publications Team:
Ravi Lakhani
Patrick Egstorf
Alex Harris
Josh Kong
Marie To
Rene Arunakumaren
Isaac Naumann
The FMAA (UQ) would also like to thank Mrs Sandra Lazzarini for taking the time to add her
invaluable input to the 2017 Edition of the Bachelor of Commerce Guide.
6. See your lecturer or tutor promptly if you do not understand the course
content/material. Remember, we do not expect you to understand everything
immediately. Getting things wrong initially is part of the learning process. It can take
extra reading and a lot of practice of practical examples to grasp the material.
7. Make sure to check Blackboard announcements and your UQ email on a regular basis
(daily). Official notices are communicated through these channels.
8. Make a habit of reading the financial press (e.g., the business section in the
newspaper) just a quick browse will help keep you informed. As you progress
through your degree, you will soon appreciate just how much your understanding
has improved.
9. Engage with your fellow students, form study groups, join student
clubs/societies/committees, attend employment related events, have coffee and
socialise. University life offers much more than just courses and programs. Fellow
students form your network of peers in the future.
How and when do I select a major?
Your first year contains core courses that provide you with knowledge from a range of
disciplines including accounting, finance, business information systems, economics and law
as well as core skills that are required in your higher-level courses. During this year, you will
get a better idea of what BCom disciplines you are more interested in, you should try to
attend careers events provided by the BEL Student employability Team (SET), and discuss
your options with family, colleagues and advisors. Together these may inform your choice of
major (Accounting, Business Information Systems, or Finance) that you will then start in your
second year. (A major comprises 6 courses and the details of these choices can be found by
selecting the relevant link at:
https://www.uq.edu.au/study/program.html?acad_prog=2024)
How can you have greater input into your program? Each degree program in the School has
its own Program Student Committee e.g., the Commerce Student Committee. Through this
new initiative supported by the UQBS, your nominated student representatives work closely
with the relevant Program Leader sharing their collective insights and feedback regarding
the overall student experience in the program, as well as other program related matters,
with a view to continuously improve the program. Perhaps you would like to consider joining
this student led committee. (For more information, refer to the details below)
What will I do when I graduate?
You have a very high chance of securing employment on your graduation, but there are ways
to improve your odds. Use the first year of your degree to find your passion then undertake
your major(s) in accounting, finance or business information systems and make sure to take
advantage of the additional training and assistance provided by the BEL Faculty Student
Employability Team (SET) and the UQ Advantage program. BEL SET is available to help you
with career choice, internships, and job placement. The team organises a variety of events
that provide you with first-hand information on alternative career paths, developing
networking skills and interview techniques etc. (see: https://bel.uq.edu.au/team/student-
employability-team)
I hope you all enjoy the challenges and opportunities that lie ahead and look forward to
seeing you on campus. Feel free to email me with any queries.
Sandra Lazzarini
Program Leader, Bachelor of Commerce
Key Contacts:
1st year co-ordinator: Dr Karen Alpert
Room 39-348
Email: k.alpert@business.uq.edu.au
Accounting Cluster Leader: Professor John Lyon
Room: 39-408
Email: j.lyon@business.uq.edu.au
Finance Cluster Leader: Associate Professor Barry Oliver
Room: 39-349
Email: b.oliver@business.uq.edu.au
Business Information Systems Cluster Leader:
Associate Professor Marta Indulska
Room 37-514
Email: m.indulska@business.uq.edu.au
Program Leader BCom: Sandra Lazzarini
Room 39-424
Email: s.lazzarini@business.uq.edu.au
Director of Education (Acting Sem 1/2017):
Associate Professor Lisa Ruhanen
Room 39a-455
Email: l.ruhanen@uq.edu.au
Director of Education: Professor Polly Parker
Room 39-326
Email: p.parker@business.uq.edu.au
Website: https://business.uq.edu.au/program-committees
Email: student.committee@business.uq.edu.au
Compulsory Courses
Course Co-Ordinator: Don't underestimate the amount of work required for the group
Ms R. Parry assignment make sure to get good group members and start early as the
financial plan section can take some time (especially when things don't
balance).
In all semesters students commented that the past exam papers were very
useful for final exam revision. Furthermore, the lecture slides were
comprehensive and the textbook offered little value apart from for the
online quizzes.
Based on the 2017 Course Profile
Course Details Overview
FINM2401 aims to provide a comprehensive introduction to financial
management and financial analysis. Students will be introduced to financial
management through exploring the principal decisions confronting the
Semesters Offered: 1 & 2 financial manager of a firm, namely the acquisition and utilisation of funds
for profit, and adding value to the firm. Additionally, this course will
provide a core upon which intermediate and advanced aspects of
corporate finance and asset pricing can be developed.
Prerequisites:
ACCT1101 Advantages
Overall, FINM2401 provides a comprehensive knowledge base for future
courses in the Finance major. The topics are quite diverse, with a wide
Incompatible: range of quantitative and qualitative elements, which helps to maintain
FINM2411 or 7065 or interest consistently throughout the semester, particular the latter topics.
7401 or 7805
MEBS7106 This subject is a prerequisite for all FINM courses.
Disadvantages
Assessment: Examinations are challenging, but manageable if thorough preparation is
Team Project (15%) taken. Tutorials are intensive, long and very dry, but they do provide
Mid Semester Exam (30%) excellent preparation for the final exam.
Final Exam (55%)
Tips and Tricks
Lectures provide a good skeleton of the topics, and exam style questions
Contact Hours: are provided in each lecture, however the lectures can sometimes skim
Lecture (2hrs) over the core concepts of the topic. For this reason, access to the textbook
Tutorial (2hrs) and tutorial attendance are crucial for success. The textbook is fantastic,
and very useful towards the latter end of the course, as well as for
preparing for the essay questions in the final exam.
Course Co-Ordinator
Dr K. Hoang (Sem 1) A strong mathematics background is useful for this course, however
Dr A. Chun (Sem 2) ensure you understand the concepts behind each formula, and don't just
rote learn the procedures. The questions in the final are more difficult than
tutorial questions and have new elements that can be easily confused
without a proper understanding going into the exam.
It is recommended that FINM2401 be taken directly before FINM3401 as it
provides an excellent knowledge base for this difficult subject.
(Based on 2016 profiles)
Course Details Overview
This course provides students with a basic introduction to the field of
marketing exploring topics such as standard marketing theory, markets,
Semesters Offered: 1 & 2. consumer behaviour, pricing strategies, research and behavioural science.
It focuses on the role of marketing and its importance in contemporary
organisations in society. Students will explore marketing principles,
concepts and models and apply them to real world examples.
Prerequisites: None.
Advantages
Incompatible: Lectures are well structured and provide a good overview of theory.
MEBS7107 Students are given the opportunity to apply theory through to real-world
MGTS7806 examples, which effectively reinforces their understanding of concepts.
MKTG7040 or 7501 or The final exam mirrors the theories focussed on in lectures.
7708
Disadvantages
The course is extremely content heavy, although not particularly
Assessment: challenging. Some theory is quite unfamiliar and obscure; therefore
Oral Presentation students cannot rely on mere intuition.
Marketing Plan
Final Exam
Tips and Tricks
Most of the course requires rote learning so keep up to date with lectures
and readings. Many key words have different definitions to their literal
Contact Hours: meaning so its important to read through and understand them. As the
Lecture (2hrs) course is largely group-work based, it is important to team up with like-
Tutorial (1hr) minded individuals who are reliable.
Course Co-Ordinator
Mr O. Seamons
(Based on 2016 Course Profiles)
Disadvantages
Due to this course being a capstone course, students may find they need to
refresh themselves on content they covered earlier on in their degree.
Accounting Major
BIS Major
Course Details
Overview
Semesters Offered: 1 This course provides students with an understanding of systems
development approaches and knowledge and experience of analysis and
modelling. These skills can then be incorporated into system design and
Prerequisites: implementation.
MGTS1201 or
2 units of The overall object of this course is to provide the concepts and skills
COMP/COMS/INFS required to design information systems by concentrating on the front end
courses of systems development processes. This course also briefly touches on the
implementation of computer programs and the required testing and
maintenance to ensure their correct operation.
Incompatible: INFS7255
Learning objects includes: Structured analysis & design for business; data
analysis & design; object-oriented analysis & design; testing & quality
Contact Hours: assurance; practical group experience with computer-assisted software
Lecture (2hrs) engineering tools for business applications.
Practical/Lab (2hrs)
Course Co-Ordinator
Dr S. Chung
Course Details
Overview
Semesters Offered: 2 The course introduces the concepts and principles of data and information
management. This includes data and information
as organisational resources, costing and valuing data; managing data,
Prerequisites: None. information, & knowledge; quality issues; data warehousing and data
mining.
Incompatible: INFS7233 The course teaches the use of SAS visual analytics, an essential part of any
role that requires analytics including finance and risk
management. BISM2202 content is very relevant for subsequent courses
on information systems and forms the foundation knowledge for much of
these subjects
Contact Hours:
Lecture (2hrs) Learning objectives include: Management of data, information &
Tutorial (2hrs) knowledge; data integrity & quality issues; data warehousing, data mining
and business intelligence. Management issues of security, security, privacy,
ethics for information & knowledge resources.
Course Co-Ordinator
Dr S. Cockcroft
Course Details
Overview
Semesters Offered: 2 This course involves the study of business issues in relation to database
management, conceptual modelling and data modelling in business
applications.
Prerequisites: MGTS1201 + 2 units This course also involves the use of a Structured Query Language (SQL) to
of INFS courses. uncover critical information for decision-making in the business
environment.
Learning objectives include: Business issues in relation to database
Incompatible: management, conceptual modelling & data modelling in business
INFS1200 or 7900 applications. Using structured Query Language (SQL) to uncover critical
MGTS7206 information for business decision making. Applications of database
systems in a business context.
Contact Hours:
Lecture (2hrs)
Tutorial (2hrs)
Course Co-Ordinator
N/a
Course Details
Overview
Semesters Offered: 2
This course is concerned with managing and leading the information
systems function within organizations. This subject focuses on
management issues and problems, and issues such as the strategic
Prerequisites:
alignment of IT services and infrastructure where
MGTS2202 or the organisation's objectives are emphasised rather than details of the
INFS2244 computing and communications technology that underlie information
systems.
Incompatible: MGTS7208
Contact Hours:
Contact (3hrs)
Course Co-Ordinator
Dr S. Chung
Course Details
Overview
Semesters Offered: 1 This course enables students to understand the factors that need to be
monitored to ensure a business runs smoothly and answers the question
of which system will provide you with the information your business
Prerequisites: ACCT2101 needs.
During this course, students are introduced to major financial business
Incompatible: ACCT7209 information systems used by managers to run their business effectively
and efficiently.
Assessment: This course includes BPMN and includes guidance on the most commonly
Mid Semester Exam used notations. Interactive financial data enabled by XBRL is demonstrated
Project in this course using Calcbench.
Final Exam
Learning objectives include: Nature of systems in the real world; nature &
Contact Hours: functions of computer-based information systems used to support the
Lecture (2hrs) processes & management of a business; practical experience with business
Tutorials (2hrs) applications software.
Course Co-Ordinator
Dr A. Robb
Course Details
Overview
Semesters Offered: 1 This course covers the fundamental concepts and principles of electronic
commerce. BISM2233 introduces students to managerial, technical, social,
and regulatory aspects of modern e-Commerce and provides students with
Prerequisites: MGTS1201 experience in the development and publication of websites.
Some of these concepts include infrastructure, security, privacy,
Incompatible: INFS7210 management, censorship, intellectual property, payment methods, and the
roles of customers, stakeholders, suppliers and employees.
Contact Hours:
Contact (4 hours)
Course Co-Ordinator
Dr D. Xu
Course Details
Overview
Semesters Offered: 1 Improving organisational efficiency and effectiveness is a top priority for
senior management. To enable such improvements, it is crucial that the
organisation be viewed from a process perspective.
Prerequisites: 8 units of BusMan This course provides students with an introduction to Business Process
courses Management and enables them to develop skills in business process
modelling using the international BPMN modelling
Recommended: MGTS 1201 standard. The course also introduces students to concepts of Lean Thinking
and facilitates the development of process improvement skills using
Incompatible: MGTS7216 several process improvement techniques.
Contact Hours:
Lecture (2 hrs)
Tutorial (1hr)
Course Co-Ordinator
Dr M. Indulska
Course Details
Overview
Semesters Offered: 1 A managerial perspective of controls & audit procedures associated with
preserving authenticity, accuracy, completeness, timeliness & privacy of
business electronic transactions over the Internet; quality assurance for
electronic commerce/online business applications for business managers.
Prerequisites: INFS2233
Incompatible: MGTS7213
Contact Hours:
Contact (4hrs)
Course Co-Ordinator
Dr P. Clutterbuck
Course Details
Semesters Offered:1 Overview
Modern business collects large volumes of raw data through its daily
operations. This data can come from business transactions, sensors, or
Prerequisites: external sources, for example, social media feeds. Competitive advantage
8 units of BBusMan or
can be obtained through unlocking insights from such data to develop
8 units of BCom
information that can be used to support decision-making. This course
builds on the data mining and decision support system knowledge and
Incompatible: MGTS7217 skills developed in MGTS2202, and introduces students to advanced
predictive analytics techniques and their application in multiple settings
(eg social media analysis). The course also develops evidence-based
problem solving skills.
Contact Hours:
Lecture (2hrs)
Tutorial (1hr)
Course Co-Ordinator
Dr S. Chung
Course Details
Overview
Semesters Offered: 2 In depth understanding of the processes, practices, features and issues
arising from operating in a virtual corporate environment. Managerial
perspective on organisation structures, managing technology and
communication procedures in a virtual organisation. Hands-on experience
Prerequisites:
with virtual teams software. Legal implications & associated policy &
MGTS2202 or
INFC2244 strategy issues.
Incompatible: MGTS7215
Contact Hours:
Contact (3hrs)
Course Co-Ordinator
Dr P. Clutterbuck
Finance Major
Note: the course was taught by Dr Kelvin Tan in previous years, thus new course
coordinators may have varied: teaching approach, course coverage and
assessment requirements.
Do not expect tutorial questions and lectures to reflect assessment. Kam places
huge emphasis on understanding the concepts he taught and not the questions he
set for tutorials. There is a sufficient supply of real-world reading material, as well
as an abundance of additional practical questions.
Elective Courses
These are subjects that are not compulsory for a particular major. Selected Electives only.
For those who enjoy statistics and quantitative analysis, the course is
highly recommended. For others, the course is far from essential.
It is essential to attend the tutorials for this course as the content covered
is relatively indicative of what will be explored on the mid-semester and
final exams.