DBBF Bachelor of Applied Finance single degree

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DBBF Bachelor of Applied Finance (single
degree) DBCB Bachelor of Commerce / Applied
Finance (double degree)
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Presenter Mr. Peter Lennox Program Director
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Presentation outline

• Program details - perspective
• Program structure
• Learning resources
• Outcomes
• All work and no play?
• Contact us

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• Why select Applied Finance?
• Solid introduction to all key areas of finance
• Develops conceptual, technical and communication
  skills
• Practical applied element differentiates UniSA
  program from other local Universities
• Global qualification that can be transferred into
  any environment
• Shortage of quality finance professionals in
  Australia and globally

Program details
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• Why select Applied Finance?
• Opportunities for involvement in emerging
  markets such as China, India, South East Asia
• Continued regulatory changes (superannuation,
  taxation, licensing) and the introduction of new
  investment products (derivatives, CFDs,
  securitisation) ensure the complexity of the
  financial system will provide ongoing work for
  finance professional with a decision-making focus

Program details
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• Why select Applied Finance?
• Salary levels in specialised finance areas can be
  extremely high (investment banking, consultancy,
  financial advisory)
• Program accredited by professional financial
  services body (FINSIA)
• Partial financial planning licensing
  accreditation via ASIC (see PS146 requirements)

Program details
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• Combination with Commerce?
• Accounting is a long established, well developed,
  respected global profession (at least this is
  what the Accounting Bodies seem to have convinced
  the general public!)
• Employment opportunities in Australia and
  globally are extremely good (employment success
  rate for graduates from UniSA gt 90)

Program details
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• Combination with Commerce?
• Continued regulatory and professional changes
  (International accounting standards, taxation)
  ensure the complexity of the financial system
  will provide ongoing work for accountants with a
  decision-making focus
• Accredited by professional accounting bodies
  (CPA Australia and the Institute of Chartered
  Accountants in Australia ICAA) with
  qualifications and memberships transferable
  globally

Program details
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• General Program Structure.
• Single Degree for example Applied Finance
  (DBBF) 8 8 7 1 24 courses in total
• Double Degree for example Commerce / Applied
  Finance (DBCB)
• 8 8 6 9 1 32 courses in total

Program structure
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• Program Structure.
• 8 Division Core Courses 3 compulsory across all
  Division of Business Programs and 5 selected by
  program (DBBF / DBCB)
• 8 Major sequence courses for each program (14
  in total for DBCB covering 2 programs)
• Note In DBCB there is 2 course overlap (1
  x Division Core, 1 x Major) between Applied
  Finance and Commerce that effectively reduces the
  Commerce major to 6 courses

Program structure
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• Program Structure.
• 8 Electives comprising 7 Electives and 1 BUGE
• Note In DBBF the electives preferably
  should be taken from courses offered in the
  Division of Business (Schools of Commerce /
  Management / Marketing). However students may
  substitute non-business courses where relevant
  to their program and with the approval of the
  Program Director (for example a language,
  computer programming or quantitative mathematics
  sequence)

Program structure
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• Program Structure.
• In DBCB there are 9 electives and 1 BUGE due to
  the course overlap (as previously specified).
• DBCB students are encouraged to take elective
  courses offered in the Division of Business but
  courses outside Division can count as electives
  without prior approval of the Program Director
  subject to any requirements for a particular
  course (prerequisites, School policy,
  availability to Business students etc.).

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGEWhat are
they?

• Major comprises a sequence of 8 courses
  specified by a business discipline area (for
  example Applied Finance / Commerce)

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGEWhat are
they?

• Minor comprises a sequence of 4 courses
  specified by a business discipline area (for
  example Small Enterprise, Commercial Law).
• Note the completion of a minor in a discipline
  area is not formally recognised on any official
  University documentation.

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGEWhat are
they?

• Professional Sequence comprise a series of
  courses that are seen to provide complementary
  skills to the major program(s) undertaken,
  example Applied Finance / Commerce) or are
  courses required to be completed by professional
  bodies for membership (for example CPA
  Australia, ICAA)

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGEWhat are
they?

• Given that DBCB students complete a major in
  Commerce, most DBCB students also select the
  Commerce Professional Sequence courses to provide
  greater choice for future professional study.
• DBCB should note the Professional Sequence
  requirements for both CPA Australia and the ICAA

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGEWhat are
they?

• Professional Sequence courses are not compulsory
  for a program and can be replaced at any time in
  part or in whole with elective courses.
• Most students typically select at least some of
  the Professional Sequence courses when completing
  their program.

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGEWhat are
they?

• Both DBBF and DBCB have a specified set of
  Professional Sequence courses details are
  available from the Program websites
• http//www.unisanet.unisa.edu.au/programs/program.
  asp?ProgramDBBF
•  http//www.unisanet.unisa.edu.au/programs/program
  .asp?ProgramDBCB

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGEWhat are
they?

• Note the completion of Professional Sequence
  courses in a discipline area is not formally
  recognised on any official University
  documentation.

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGE What are
they?

• Electives students may use elective courses to
  complete all or any combination of an additional
  major, a minor or minors, professional sequence
  courses and / or simply select a series of
  unrelated courses.
• For DBBF students, electives should be from the
  Division of Business however this is not required
  for DBCB students.

Program structure
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Choosing courses in your program. Major, minor,
professional sequence, elective, BUGE What are
they?

• BUGE courses comprise any course offered outside
  of the Division of Business (for example
  engineering, computing and information science,
  language courses)

Program structure
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Choosing courses in your program. Prerequisites
How are they applied?

• Prerequisites courses that students should have
  successfully completed (or obtained credit for)
  prior to undertaking specified course (for
  example Financial Accounting 2 has Financial
  Accounting 1 as a prerequisite).

Program structure
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Choosing courses in your program. Prerequisites
How are they applied?

• Prerequisites may be formally applied in some
  courses / programs preventing students without
  the appropriate pre- requisites from undertaking
  certain courses.Note The Commerce major and
  professional sequence courses have their
  prerequisite courses / requirements formally
  applied in accordance with the professional
  accounting body requirements.

Program structure
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Choosing courses in your program. Assumed
Knowledge How are they applied?

• An assumed knowledge requirement is not
  enforceable to prevent a student enrolling in a
  course. It is designed to indicate that certain
  skills and knowledge required to be understood by
  the student prior to the student commencing the
  course.

Program structure
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Choosing courses in your program. Accessing
program / course information

• Students are encouraged to maintain a copy of the
  current program structure (DBBF / DBCB)
  accessible from the University home page
• See the following links
•  http//www.unisanet.unisa.edu.au/programs/program
  .asp?ProgramDBBF
•  http//www.unisanet.unisa.edu.au/programs/program
  .asp?ProgramDBCB

Program structure
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Choosing courses in your program. Accessing
program / course information

• General information on all courses can be
  obtained from the University home page
  specifically UniSANet where course home pages can
  be accessed. See the following link
•  http//www.unisanet.unisa.edu.au/Courses/
• Detailed course related information requires
  students to be enrolled in courses before such
  information is accessible.

Program structure
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• Teaching learning arrangements.
• Course Booklets and Online Resources
• Course Information Booklets provide details of
  administrative course related information
  including text details / assessment
  requirements / grading etc.
• Study Guide / Readings Booklets / e-Readers
  provide directed study for particular
  topics
• Most course related information including
  relevant booklets for enrolled students are
  now included on the course website
  accessible from UniSANet (as below)
  http//www.unisanet.unisa.edu.au/Courses/

Learning resources
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• Teaching learning arrangements.
• Lectures
• Lectures are typically conducted on a weekly
  basis and provide an overview of the content
  of the specific topic
• Conducted in lecture theatres which may
  accommodate up to 500 students
• Students are encouraged to read ahead to
  ensure understanding of lecture content
• Lecture notes are often posted to the course
  website for students to access

Learning resources
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• Teaching learning arrangements.
• Tutorials
• Tutorials are typically conducted in small
  classes (class size 20 to 30)
• Encourage students to interact with the tutor
  to clarify topic or course related issues
• May incorporate some form of assessment
  either on individual / group basis (for
  example presentations / class tests)
• Often students will be encouraged assigned to
  groups in order to complete class tasks

Learning resources
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• Teaching learning arrangements.
• Course contact
• Course coordinator / course staff generally
  provide information to students via face to
  face sessions (lectures / tutorials)
• Increasingly staff are also contacting
  students via their student email account /
  course website - noticeboard and /
  discussion forums)
• Information provided to students via email /
  course website forms part of assessable
  materials for each course

Learning resources
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• Teaching learning arrangements.
• Course contact
• Discussion forums allow for students to
  interact in an online environment to assist
  in resolving course related issues
• Familiarity with course website should be one
  of the first tasks undertaken by students
  after enrolment

Learning resources
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• Assessment.
• Assessment types are likely to vary across
  courses
• Most courses will include a minimum of 3
  assessment components comprising one piece of
  assessment within the first 1/3 of the course
• Assessment for most common core and major
  courses in DBBF and DBCB include a final exam
  typically weighted more than 50 of the total
  course assessment

Learning resources
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• Assessment.
• For many courses students will be required /
  encouraged to submit assessment items in a
  group and be assessed on this basis.
• It is in all students interests, whether
  submitting assessment individually or in a
  group, to liaise with their class colleagues
  (without plagiarising of course!) to ensure
  that each submitted item of assessment is
  undertaken to the best of their abilities.

Learning resources
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• Assessment.
• From 2007 all assessment not conducted in a
  classroom environment will be required to be
  submitted using the University AssignIT software
  system. Further information in relation to
  this software will be provided by your Course
  Coordinators once classes commence.

Learning resources
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• Assessment.
• The University also uses a software program
  designed to detect plagiarism for submitted
  assessment. Please ensure all submitted
  assessment is your own work and not merely
  extracts from other resource(s) such as
  textbooks, internet articles etc.)

Learning resources
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• Grade Point Average (GPA).
• The GPA provides a basis within School of
  Commerce programs for assessment of students
  eligibility for pass grades in some courses by
  receiving a terminating or conceded pass grade
• Note there are restrictions on DBCB
  students eligibility for pass grades based on
  GPA due to accounting professional body
  requirements

Learning resources
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• Grade Point Average (GPA).
• Basis in which students are assessment for
  eligibility to transfer programs
• No differentiation between courses in
  establishing GPA
• Current student GPA accessible from student
  portal (My UniSA)

Learning resources
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• Need more assistance?
• Learning Connection
• UniSA online resources

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• Links to employment.
• Employers visit the campus each year typically
  in March / April
• An annual Careers Expo is held in the early
  part of the year providing opportunity for
  students to find out about
• - different career paths available
• - courses required for particular career
  paths
• - applying for graduate positions

Outcomes
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• Links to employment.
• Students in DBBF and DBCB typically have had
  high success rates in securing employment
• CPA Australia also provides vacational
  employment opportunities for student members
  (targeted at 2nd year students)
• Development of courses taken in the form of
  work experience from 2007

Outcomes
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• All work and no play?
• Number of student societies and clubs exist on
  campus to benefit students
• General business focused groups include
• - AISEC
• - SIFE
• A Commerce school student club has been
  established and will be providing further
  details for student participation in the near
  future

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Contact us. School of Commerce Office City
West Way Lee Building First
floor (level 3) Room WL 3-55
Phone [phone]   Fax 8302
0992
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Contact us. Program Director Mr. Peter
Lennox City West Way Lee Building
First floor (level 3) Room WL 3-28
Email peter.lennox_at_unisa.edu.au
Phone [phone]   Fax 8302
0992
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Any Questions?