Bachelor of Business

The Bachelor of Business course is designed to give you a solid foundation in business disciplines, ensuring you will be able to develop the skills to analyse and solve contemporary business problems when working in organisation or managing your own business

A rewarding career – professionally and financially – awaits you upon completion of your Bachelor of Business at Stott's College.

This course is designed to provide you with a comprehensive knowledge in a broad range of areas including: accounting, business, finance, management, human resources management, information systems, law, and marketing. Moreover, using both theoretical and practical examples, you will be taught the skills to be adaptable and proactive in the rapidly changing world of commerce.

Upon completion of the course, you will be able to analyse the impact of external and internal factors on effective business practices as well as solve authentic contemporary business problems in a variety of domestic and international contexts. You will also be able to communicate a range of business arguments and evaluate key issues in complex business problems.

The Bachelor of Business is a fully accredited Australian higher education course completed over a three-year period.  The course will be delivered through teacher-led classroom delivery in the form of lectures and tutorials. Most units require students to attend a two-hour lecture and a one-hour tutorial.

The five bands of core knowledge in this course are:

Accounting and Finance

The accounting unit in this course is designed to provide you with an understanding of the role that accounting plays in various aspects of financial decision-making. You will discover how profit and wealth are measured in a business context. In addition, you will learn how financial statements provide information regarding business performance and you will be able to develop the ability to analyse such statements in order to identify financial problems and generate solutions. Accounting concepts such as cash management and depreciation are also introduced to give you the knowledge that you will need to be successful in later core business units. You will also be exposed to the analysis of the principles and practices of corporate finance as well as contemporary finance issues and challenges.

Management

The management units are designed to give you a thorough understanding of the role of management in the operation of a business. Topics which will be covered include the four functions of management, strategic management and planning tools and techniques, change management and leadership theories. You will be able to further develop their understanding of strategic management by analysing the context of strategy, internal and external environmental scanning, strategy formulation and issues relating to the implementation of strategy.

Marketing

You will be exposed to broad theories of marketing as well as practical knowledge about the design and implementation of marketing strategies. The units cover in detail topics such as the functions of marketing within a business, elements of marketing mix and ethics and social responsibility factors relevant to marketing practices. Ultimately, you will be able to develop an awareness of the strategic planning role of marketing in creating sustainable competitive advantage.

Law

The law units provide you with the knowledge of the legal environment in which business operates. In particular, you will gain knowledge on the legal principles of contract and tort law, and the main business organisational structures and their relative advantages or disadvantages. In addition, company law contains topics such as directors' duties, member's rights and remedies, fundraising options, shareholding and corporate liability.

Human Resource Management (HRM)

You will learn the different HRM concepts and practices and the mechanism for translating business strategies into the operational aspects of HRM. In addition, you will also gain knowledge on relevant legal frameworks, including Occupational Health and Safety, the changing industrial relations system in Australia, as well as strategic HRM and the role of training and evaluation of performance as a function in the growth of a business.

On successful completion of this course, you will be able to:

1. Analyse and reflect on the impact of external and internal factors on effective business practices.

2. Systematically review and critically evaluate research from a variety of sources in order to make informed judgement on options for innovatively solving a range of problems and business-related challenges that arise in business contexts, both at strategic and operational levels.

3. Exhibit professional judgment in the selection and use of common business tools to support decision-making and project management in a general business context.

4. Adapt business theories in analysing authentic contemporary business problems in a variety of domestic and international contexts.

5. Evaluate priorities and articulate key issues in complex business problems.

6. Develop an appreciation for the legal framework in which organisations and communities operate.

7. Communicate a range of business arguments by evaluating and implementing alternative communication strategies as appropriate to the audience.

8. Work collaboratively in diverse groups.

9. Build on and continuously develop the ability to be critical and reflective learners, cognisant of new technologies.

FOR ENTRY INTO FIRST YEAR

You must :

• be at least 18 years old, AND
• have completed Year 12 or equivalent.

If you completed your secondary education overseas, which are equivalent to an Australian Senior Secondary Certificate of Education, you must also demonstrate an overall IELTS 6.0 (academic) with no skills band below 5.5.

Competency to IELTS 6.0 means that you have documentary evidence of having completed an IELTS exam at an official IELTS testing centre or an equivalent recognised English language test, within the previous twelve months of your proposed start date for the Bachelor Course and that you were given an overall score of 6 with no single band below 5.5 (see policy – International Student Admission Policy).

 Applying for Credit Transfer:

If you have completed prior tertiary studies, you may be eligible for some credit exemptions. For further information, please refer to our Awarding of Credit Policy.

Graduates may wish to seek employment in a wide range of fields such as accounting, business analysis, commercial law, communications, entrepreneurship, event management, finance, human resources, international business, management, marketing, public relations or tourism. The following are some of the career opportunities for graduates from this course:

Project Manager
General Manager
Operations Manager
Account Manager
Office Manager
Business Manager
Branch Manager
Human Resource Manager
Administration Manager
Executive Manager
Department Manager
Small business owner
Entrepreneur