Bachelor of Applied Finance and Accounting

This degree is designed to prepare students for the professional fields of finance and accounting, with a strong practical focus and enhanced insight into the global and institutional aspects of financial systems.

Finance is the study of financial institutions, markets and instruments, as well as money, banking, investment and the control of risk.

Accounting involves the financial measurement of economic activity and the use of financial information for making economic decisions. Finance and accounting are closely related and both are integral to industry and commerce.

The degree is structured with applied finance as the core discipline, with accounting and accounting related topics covered in both core and elective units. A specialisation in finance coupled with an accounting qualification will broaden graduate career opportunities and equip graduates with key skills to succeed in a range of professional fields.

Year 1 Core Subjects

• TACC101 Financial Accounting Principles #
• TACC102 Accounting for Decision Making #*
• TECO103 Principles of Economics #
• TFIN102 Principles of Finance
• TMGT101 Business Management
• TSTA101 Introductory Statistics #

Year 1 Elective Subjects (select 2)

• TBUS110 Introduction to Electronic Commerce
• TMKT101 Principles of Marketing

Exit with a Diploma of Applied Finance and Accounting

Year 2 Core Subjects

• TACC203 Financial Accounting and Reporting #*
• TFIN202 Corporate Finance #*
• TFIN203 Security Analysis and Pricing *
• TFIN204 Financial Markets and Institutions *
• TFIN205 Financial Forecasting and Data Analysis *
• TLAW203 Business & Corporations Law #
• TTEC201 Business Systems and Digital Business Strategies

Year 2 Elective Subjects (select 1)

• TACC202 Management Accounting #*
• TBUS200 Introduction to Global Business *
• TCMU201 Business Communication
• TCMU202 Negotiation Skills
• TECO201 Elements of Econometrics *
• TMGT201 Organisational Behaviour *
• TMGT202 Human Resource Management *

Exit with Associate Degree of Applied Finance and Accounting

Year 3 Core Subjects

• TBUS300 Leadership and Ethics #
• TFIN301 International Business Finance *
• TFIN302 Derivative Financial Instruments *
• TFIN303 Portfolio Theory and Management *
• TFIN304 Personal Financial Planning *
• TLAW301 Taxation Law #*

Year 3 Elective Subjects (select 2)

• TACC301 Auditing and Professional Practice #*
• TACC302 Financial Accounting Theory #*
• TBUS301 International Trade and Investment *
• TBUS302 Applied Business Project#*++
• TMGT303 Business Risk Management *

Exit with Bachelor of Applied Finance and Accounting

The Bachelor of Applied Finance and Accounting contains a sequence of accounting units that meet CPA Australia and Chartered Accountants ANZ accreditation requirements. The relevant units are marked with the hash symbol (#).

Students are responsible for ensuring that all units required by CPAA and/or CAANZ are included in their program of study if progression to the CPA Program or CAANZ Program is planned. Students are advised to check the list of required units on the register of accredited courses displayed on the websites of each professional accounting organisation.

*Prerequisite/Co-requisite Requirements

++TINT301 Work Integrated Learning Experience (12 credit points) can be selected to replace TBUS302 and one Year 3 elective. Contact internships@imc.edu.au to enquire.