Bachelor of Commerce (Liberal Studies)

The Bachelor of Commerce (Liberal Studies) degrees offered by the University of Sydney Business School are as follows:

1. Bachelor of Commerce (Liberal Studies)

2. Bachelor of Commerce (Liberal Studies) (Honours)

Overview of the degree

The Bachelor of Commerce (Liberal Studies) complements the professional business related studies and accreditation of the Bachelor of Commerce with additional studies in languages, humanities and sciences. This four-year (full-time) program gives students the opportunity to develop enhanced communication skills and an unrivalled breadth of knowledge from study in subject areas from both the Faculty of Arts and Social Sciences and the Faculty of Science.

Credit points required for completion and duration

Note: Part-time study is also available for these degrees.

Degree structure and progression

Degree requirements

To be awarded the Bachelor of Commerce (Liberal Studies), students complete units of study with a total value of 192 credit points, comprising:

• two core junior units of study (12 credit points)
• units of study from the Faculty of Arts and Social Sciences (€˜Table A€™ subject areas) to the total minimum value of 24 credit points
• units of study from the Faculty of Science (€˜Table 1€™ subject areas) to the total minimum value of 12 credit points
• two majors: one selected from the subject areas specified as 'Major I subject areas' and one from the subject areas specified as 'Major II subject areas'
• a maximum of 96 credit points in junior units of study (1000 level units of study)
• a minimum of 108 credit points in units of study from the University of Sydney Business School and the School of Economics (Faculty of Arts and Social Sciences) (a maximum of 84 credit points from non-Economics or Business School subject areas).

Requirements for the degree with Honours

For the award of the Bachelor of Commerce (Liberal Studies) with Honours, meritorious students must complete an additional honours year of study after the completion of the requirements for the Bachelor of Commerce (Liberal Studies). Honours study is offered in most of the subject areas available to students enrolled in the Bachelor of Commerce (Liberal Studies). For details of the requirements for entry into and for the completion of the Honours Year in this program, please refer to sydney.edu.au/business/honours.

Core units of study

• ECOF1003 Business Contexts A
• ECOF1004 Business Contexts B.

Required Faculty of Arts units of study

Students select a minimum of 24 credit points worth of units of study from the following Arts areas of study (€˜Table A€™ in the Faculty of Arts and Social Sciences Handbook):

• American Studies
• Ancient History
• Anthropology
• Arab and Islamic Studies
• Archaeology
• Art History
• Asian Studies
• Australian Literature
• Australian Studies
• Biblical Studies
• Celtic Studies
• Chinese Studies
• Cultural Studies
• Digital Cultures
• English
• European Studies
• Film Studies
• French Studies
• Gender Studies
• Germanic Studies
• Government and International Relations
• Greek (Ancient)
• Hebrew (Classical)
• Hebrew (Modern)
• Heritage Studies
• History
• Indigenous Australian Studies
• Indonesian Studies
• International and Comparative Literary Studies
• Italian Studies
• Japanese Studies
• Jewish Civilisation, Thought and Culture
• Korean Studies
• Latin
• Linguistics
• Medieval Studies
• Modern Greek
• Music
• Pali (no major is available)
• Peace and Conflict Studies (no major is available)
• Performance Studies
• Philosophy
• Political Economy
• Sanskrit
• Social Policy
• Sociology
• Spanish and Latin American Studies
• Studies in Religion
• Yiddish (no guarantee of continuing availability).

For full details of the unit of study options within these subject areas please refer to the Faculty of Arts and Social Sciences Handbook (sydney.edu.au/handbooks/).

Required Faculty of Science units of study

Students select a minimum of 12 credit points worth of units of study from the following Science areas of study (€˜Table 1€™ in the Faculty of Science Handbook):

• Agricultural Chemistry
• Anatomy and Histology
• Biochemistry
• Bioinformatics
• Biology
• Cell Pathology
• Chemistry
• Computational Science
• Computer Science
• Environmental Studies
• Financial Mathematics and Statistics
• Geography
• Geology and Geophysics
• History and Philosophy of Science
• Immunobiology
• Information Systems
• Marine Biology
• Marine Geoscience
• Marine Science
• Mathematics
• Medicinal Chemistry
• Microbiology
• Nanoscience and Technology
• Neuroscience
• Pharmacology
• Physics
• Physiology
• Plant Science
• Psychology
• Soil Science
• Statistics.

For full details of units of study options within these subject areas please refer to the Faculty of Science handbook (sydney.edu.au/handbooks/).

Majors and electives

Compulsory majors for the degree

Students in the Bachelor of Commerce (Liberal Studies) are required to complete two majors. One from the subject areas listed under 'Major I' and one from those listed under 'Major II'. In most cases, a major consists of 36 credit points in senior (or intermediate and senior) units of study (usually six units) in a single subject area. Students should note that the exact requirements for majors may differ between major areas of study.

Major I

• Accounting
• Commercial Law
• Econometrics
• Economics *
• Finance
• Industrial Relations and Human Resource Management
• International Business
• Management
• Marketing.

Major II

This major must be different to the one chosen from the 'Major I' list.

• Accounting
• Agricultural Economics *
• Business Information Systems
• Commercial Law
• Computer Science *
• Econometrics
• Economics
• Finance
• Financial Mathematics and Statistics *
• Government and International Relations *
• Industrial Relations and Human Resource Management
• International Business
• Management
• Marketing
• Mathematics *
• Operations Management and Decision Sciences
• Political Economy. *

* These majors are offered through other faculties.

For further details refer to the 'Bachelor of Commerce (Liberal Studies) subject areas for majors and electives' section.

Additional majors and electives

Students may select an additional major/s and/or electives offered by the Business School or from any other faculty of the University of Sydney (subject to approval by the offering faculty and degree requirements).

If a major is chosen in a subject area offered by another faculty then in most cases, a minimum of 36 credit points in senior units of study (or senior and intermediate units) must be completed in that subject area. Senior (or senior and intermediate) units of study may only be counted towards one major. A maximum of 84 credit points can be taken in units of study from another faculty other than the Business School and the School of Economics (including the required 12 credit points in Science units and 24 credit points in Arts units). Students need to be mindful that it is not always possible to choose an additional major from outside of the Business School and School of Economics and still complete the 108 credit points needed within the faculty, depending upon which compulsory majors the student chooses to complete.

For details of majors from other faculties, students should consult the handbook for the relevant faculty (www.usyd.edu.au/handbooks).

Professional accreditation requirements

Within the Bachelor of Commerce (Liberal Studies), students may choose to pursue a program of study that would allow them to seek accreditation with particular professional bodies.

Australian Computer Society (ACS) accreditation

Students planning to satisfy the professional accreditation requirements for the ACS should include in their degree a prescribed set of units of study, including a major in Business Information Systems (at least 42 credit points in senior units of study). The required units of study are listed below:

• INFS1000 Digital Business Innovation
• INFS2001 IS for Performance Improvement
• INFS2020 Business Process Modelling and Improvement
• INFS3040 Enterprise Systems and Integrated Business; and
• four additional senior 'INFS' coded elective units of study including two more 'INFS' units at 3000-level. (See listings under the 'Business Information Systems' subject area for available units of study).

Australian Human Resources Institute (AHRI) Accreditation

All undergraduate degrees incorporating a major in Industrial Relations and Human Resource Management are AHRI-accredited. Students wishing to satisfy the requirements for professional membership of AHRI should complete an Industrial Relations and Human Resource Management major as part of their degree. The required units of study for the major are listed under the 'Bachelor of Commerce (Liberal Studies) subject areas for majors and electives'.

Degree progression

The following table illustrates a degree progression example for a student enrolled in the Bachelor of Commerce (Liberal Studies) on a full-time basis undertaking units of study with a total value of 24 credit points per semester. (Note: In this example, 'Sem' is an abbreviation for 'Semester').

Please Note: This is a basic structure only. If the second major chosen is one of the Faculty of Science's majors then this structure would differ as the compulsory units of study in these areas could be counted towards the second major. For a Science major the term 'senior' in the table above refers to 'intermediate' and 'senior' Science units of study.

The Business School website illustrates units of study progression sequences for specific majors. This information can be found at sydney.edu.au/business/course/FH019.

Bachelor of Commerce (Liberal Studies) subject areas for majors and electives

Students choose their compulsory majors from the following subject areas.

In relation to the subject areas, please note the following:

• All units of study listed under the following subject areas are worth six credit points unless indicated otherwise
• Junior units of study (1000 level) may be used to meet the prerequisite requirements for more than one major. However, senior (or in some cases intermediate and senior) units of study (2000 and 3000 level) can only be used to meet the requirements for one major.
• Information relating to prerequisites/corequisite requirements and unit of study availability in 2011 can be found in the Tables of undergraduate units of study, in this handbook. As the availability of units of study may change, students are advised to check the faculty website (sydney.edu.au/business) regularly as it contains the most up to date information on unit of study availability as well as timetabling information for each unit of study that is currently offered. The units of study listed under the following subject areas were approved for 2011 at the time of printing this handbook. As this information can change, students may include any units of study that are approved and appear under these subject areas in subsequent years€™ handbooks as part of their major/s or as electives.

The following information relates to the compulsory majors available in the Bachelor of Commerce (Liberal Studies). Information about available majors from other faculties can be found in the relevant other faculty handbooks (sydney.edu.au/handbooks) or on the websites of these faculties.

Major I subject areas

Accounting

An accounting qualification provides capability and credibility across a broad spectrum of careers. It opens the door to many other markets and professions where the ability to understand and interpret financial information is the key capability.

For the award of a major in Accounting, students complete:

(i) three junior prerequisite units of study (18 credit points), as follows:

• ACCT1005 Accounting, Business and Society
• ACCT1006 Accounting and Financial Management
• ECMT1010 Business and Economics Statistics A

(ii) two compulsory senior units of study (12 credit points), as follows:

• ACCT2011 Financial Accounting A
• ACCT2012 Management Accounting A.

(iii) a minimum of 24 credit points in elective senior units of study (minimum of four units) selected from the following:

• ACCT3011 Financial Accounting B
• ACCT3012 Management Accounting B
• ACCT3013 Financial Statement Analysis
• ACCT3014 Auditing and Assurance
• ACCT3031 International Corporate Governance
• ACCT3032 Current Issues in Management Accounting
• ACCT3098 Accounting Honours Preparation A (3 credit points)
• ACCT3099 Accounting Honours Preparation B (3 credit points)
• CLAW2201 Corporations Law.

The units ACCT3098 and ACCT3099 are worth three credit points each. If students wish to include these units as part of their major, they would need to complete at least five elective units of study to meet elective requirements. CLAW2201 requires the completion of additional prerequisites outside the prerequisite units listed for this major.

Please check the Tables of undergraduate units of study, for details of the unit prerequisites, corequisites and other requirements.

Commercial Law

Business operates in an increasingly complex regulatory environment which impacts on all business activity. The Commercial Law major provides the opportunity for specialist study of key areas of this environment: each of the specialist units build on the foundation unit, Foundations of Business Law, and addresses an area of contemporary business significance. The wide range of units offered in the Commercial Law major enables students to specialise in corporate/finance law, in taxation law or in business law.

The Commercial Law major does not provide a qualification for admission to the professional practice of law as a solicitor or barrister. It nevertheless meets the increasing demand for business professionals with a mature understanding of the regulatory regime, and its commercial impact, relevant to their area of specialisation. It is also an attractive specialisation for students looking to a professional career in the growing area of regulatory compliance.

For the award of a Commercial Law major, students complete:

(i) one junior prerequisite unit of study (six credit points), as follows:

• CLAW1001 Foundations of Business Law.

(ii) a minimum of six elective units of study (36 credit points) selected from the following options:

• CLAW2201 Corporations Law
• CLAW2202 Business Failure and Restructuring
• CLAW2203 Regulation of Capital Markets
• CLAW2204 Banking and Finance Law
• CLAW2205 Competition and Consumer Law
• CLAW2206 Legal Issues in e-Commerce *
• CLAW2207 Business, Ethics and the Law
• CLAW2208 Business Regulation, Risk and Compliance
• CLAW2209 Intellectual Property for Business
• CLAW2210 Chinese Tax
• CLAW3201 Australian Taxation System
• CLAW3202 Tax Strategies for Business
• CLAW3204 Capital Raising and Management
• CLAW3206 Regulation of Mergers and Acquisitions
• CLAW3207 Legal Regulation of Employment.

Units of study marked with an "*" will not be offered for 2011.

Please check the Tables of undergraduate units of study, for details of the unit prerequisites, corequisites and other requirements.

Econometrics

Econometrics applies mathematical and statistical techniques to the analysis of business and economic data. There has always been a strong demand for graduates with quantitative skills. The impact of information technology means there are huge data sets now available, such as data sets of financial market activity or of consumer markets via supermarket scanning.

This adds considerably to the high-level prospects for graduates with the quantitative skills to deal with the potential of the data, such as in the analysis of energy demand, greenhouse gas emissions, international trade flows or consumer behaviour.

For the award of a major in Econometrics, students complete:

(i) two junior prerequisite units of study (12 credit points), as follows:

• ECMT1010 Business and Economic Statistics A
• ECMT1020 Business and Economic Statistics B.

(ii) two compulsory senior units of study (12 credit points), as follows:

• ECMT2110 Regression Modelling
• ECMT3110 Econometric Models and Methods.

(iii) one senior unit of study (six credit points) selected from the following:

• ECMT3120 Applied Econometrics
• ECMT3130 Forecasting for Economics and Business
• ECMT3150 The Econometrics of Financial Markets
• ECMT3170 Computational Econometrics #

(iv) a minimum of three senior elective units of study (18 credit points) selected from the following options. (Only two of these elective units (12 credit points) may be selected from those marked with an €œ*€).

• ECMT2120 Analysis of Discrete Choice Data
• ECMT2130 Financial Econometrics
• ECMT2620 Management Science *
• ECMT2630 Managerial Decision Making *
• ECMT2640 Operations Management *
• ECMT3120 Applied Econometrics
• ECMT3130 Forecasting for Economics and Business
• ECMT3150 The Econometrics of Financial Markets
• ECMT3160 Statistical Modelling #
• ECMT3170 Computational Econometrics #
• ECMT3180 Business Risk Management
• ECMT3610 Management Science Models and Methods *
• ECMT3640 Project Planning and Management *

Units of study marked with an "#" will not be offered for 2011.

Please check the Tables of undergraduate units of study, for details of the unit prerequisites, corequisites and other requirements.

Economics

Economics provides a valuable understanding of the overall context of business and government, and the technical skills to analyse economic and social data and events. It equips students to work on economic and social policy. It also provides key capabilities for students who wish to work in business fields such as financial markets, marketing, transport and logistics, international trade and consulting or the media.

Economics at Sydney is a significant and influential grouping within the discipline in Australia. It is an important centre of policy analysis and review and one of the most important training grounds for economists within the region.

The Economics major is offered through the School of Economics in the Faculty of Arts and Social Sciences.

For the award of a major in Economics, students complete:

(i) four junior prerequisite units of study (24 credit points), as follows:

• ECMT1010 Business and Economic Statistics A
• ECMT1020 Business and Economic Statistics B
• ECON1001 Introductory Microeconomics
• ECON1002 Introductory Macroeconomics.

(ii) two compulsory senior units of study (12 credit points), as follows:

• ECOS2001 Intermediate Microeconomics; OR ECOS2901 Intermediate Microeconomics Honours
• ECOS2002 Intermediate Macroeconomics; OR ECOS2902 Intermediate Macroeconomics Honours.

(iii) a minimum of four senior elective units of study (24 credit points) selected from the following options, with at least three at 3000-level (18 credit points):

• ECOS2201 Economics of Competition and Strategy
• ECOS2306 Managerial Firms: Evolutions and Attributes
• ECOS2903 Mathematical Economics A
• ECOS3002 Development Economics
• ECOS3003 Hierarchies, Incentives and Firm Structure
• ECOS3004 History of Economic Thought
• ECOS3005 Industrial Organisation
• ECOS3006 International Trade
• ECOS3007 International Macroeconomics
• ECOS3008 Labour Economics
• ECOS3010 Monetary Economics
• ECOS3011 Public Finance
• ECOS3012 Strategic Behaviour
• ECOS3015 Law and Economics
• ECOS3016 Experimental and Behavioural Economics
• ECOS3017 Health Economics
• ECOS3018 Economics of Growth
• ECOS3019 Capital and Dynamics
• ECOS3020 Special Topic in Economics
• ECOS3021 Business Cycles and Asset Markets
• ECOS3022 The Economics of Financial Markets
• ECOS3901 Advanced Microeconomics
• ECOS3902 Advanced Macroeconomics
• ECOS3903 Applied Economics.

The units ECOS3901, ECOS3902, ECOS3903 require the completion of additional prerequisites/corequisites outside of those prerequisite units of study listed for this major.

Please check the Tables of undergraduate units of study, for details of the unit prerequisites, corequisites and other requirements.

Finance

The Discipline of Finance works in partnership with the Australian Stock Exchange, the Sydney Futures Exchange, the Australian Financial Markets Association and several of the largest banking, broking, accounting and funds management businesses in the region. A sound knowledge of finance is important for graduates in a wide range of commerce/economics disciplines.

The units offered are designed to integrate a variety of practical applications with essential theory and financial reasoning skills.

For the award of a major in Finance, students complete:

(i) at least 24 credit points in junior units of study*

* It is strongly recommended that students who wish to complete a Finance major also complete ECMT1010 Business and Economic Statistics A, ECON1001 Introductory Microeconomics and ECON1002 Introductory Macroeconomics in their first year of enrolment (subject to degree constraints).

(ii) three compulsory senior units of study (18 credit points), as follows:

• FINC2011 Corporate Finance I
• FINC2012 Corporate Finance II
• FINC3017 Investments and Portfolio Management

(iii) a minimum of 18 credit points of senior elective units of study (a minimum of three units) selected from the following options:

• FINC2192 Finance 2 Honours (3 credit points)
• FINC3011 International Financial Management
• FINC3012 Derivative Securities
• FINC3013 Mergers and Acquisitions
• FINC3014 Trading and Dealing in Security Markets
• FINC3015 Financial Valuation: Case Study Approach
• FINC3018 Bank Financial Management
• FINC3019 Fixed Income Securities
• FINC3020 Financial Risk Management
• FINC3021 Mathematical Finance
• FINC3193 Finance 3 Honours (Corporate Finance) (3 credit points)
• FINC3194 Finance 3 Honours (Securities Markets) (3 credit points).

The units FINC2192, FINC3193 and FINC3194 are worth three (not six) credit points. Students who complete these units may need to complete additional senior units of study to meet the 24-credit points of senior elective units of study requirement for a Finance major.

Please check the Tables of undergraduate units of study, for details of the unit prerequisites, corequisites and other requirements.

Industrial Relations and Human Resource Management

A major in Industrial Relations and Human Resource Management has two strands: the theory and practice of relations between employers, employees, unions and government; as well as the management of people within an organisation, including recruitment, selection, remuneration, appraisal, and training and development. This professional major can include a work experience program with placements in unions, employer organisations, companies and government.

For the award of a major in Industrial Relations and Human Resource Management, students complete:

(i) one of the following junior units of study (six credit points):

• ECOF1004 Business Contexts B; OR
• WORK1003 Foundations of Work and Employment.

(ii) two compulsory senior units of study (12 credit points), as follows:

• WORK2203 Industrial Relations Policy
• WORK2205 Human Resource Processes.

(iii) a minimum of four senior elective units of study (24 credit points) selected from the following:

• WORK2209 Organisational Analysis and Behaviour
• WORK2210 Strategic Management
• WORK2211 Human Resource Strategies
• WORK2215 IR and HRM Practice
• WORK2217 International Human Resource Management
• WORK2218 People and Organisations
• WORK2219 Management and Organisational Ethics
• WORK2221 Organisational Communication
• WORK2222 Leadership in Organisations
• WORK2224 Globalisation, Work and Employment *
• WORK2225 Work and Society
• WORK2226 Institutions at Work *
• WORK2227 Regulation at Work
• WORK3921 Theories of Work and Organisations
• WORK3922 Researching Work and Organisations.

Units of study marked with an "*" will not be offered for 2011.

Please check the Tables of undergraduate units of study for details of the unit prerequisites, corequisites and other requirements.

International Business

The International Business major is designed to provide students with knowledge and skills relevant to the development, strategy and management of international business organisations and the institutional context for their development, growth and operation.

For the award of a major in International Business students complete:

(i) one junior prerequisite unit of study (six credit points), that must be: (a) be offered by the Business School and School of Economics; or (b) be part of Bachelor of Economics and Social Sciences or the Bachelor of International and Global Studies or the Bachelor of International Studies (for students enrolled in these degrees only). *

* Students who do not meet the requirements in (a) or (b) may complete two alternative junior units approved by the Chair of Discipline of International Business.

(ii) four compulsory senior units of study (24 credit points), as follows:

• IBUS2101 International Business Strategy
• IBUS2102 Cross-Cultural Management
• IBUS3101 International Business Alliances
• IBUS3102 International Risk Management.

(iii) a minimum of two senior elective units of study (12 credit points) selected from the following options:

• ACCT3031 International Corporate Governance
• CISS2001 Business in the Global Environment
• ECOP3012 Global Political Economy
• ECOP3014 Political Economy of Development
• ECOS3006 International Trade
• ECOS3007 International Macroeconomics
• FINC3011 International Financial Management
• GOVT2210 International Risk Analysis *
• GOVT2221 Politics of International Economic Relations
• GOVT2225 International Security in the 21st Century
• IBUS3103 Global Entrepreneurship and Enterprise
• IBUS3104 Ethical International Business Decisions
• IBUS3106 International Business Special Project
• IBUS3107 Business Negotiations
• MKTG3116 International Marketing
• WORK2217 International Human Resource Management
• WORK2222 Leadership in Organisations
• Senior language units of study (2000 and 3000 level) from the Faculty of Arts

Units of study marked with an "*" will not be offered for 2011.

Students should note that almost all senior elective units of study require the completion of additional prerequisites outside of those units of study listed for this major.

Note: Students who choose to include Political Economy (ECOP), Government and International Relations (GOVT) or language units from the Faculty of Arts and Social Sciences must meet the prerequisite requirements for these units of study as set out in the Faculty of Arts and Social Sciences handbook (sydney.edu.au/handbooks). The number of units students can complete from another faculty (non-Economics and Business School) are restricted (refer to individual degree rules for details).

Please check the Tables of undergraduate units of study for details of the unit prerequisites, corequisites and other requirements.

Management

Management is the process of planning, organising, leading and controlling the efforts of organisational members and using resources inside and outside the organisation to achieve set objectives.

A Management major draws on subjects from a number of disciplines in the faculty and develops a sound understanding of managing the internal processes of organisations and the relationship between organisations and their environments.

For the award of a major in Management students complete:

(i) one junior prerequisite unit of study (six credit points) from the Faculty of Economics and Business. The junior unit selected maybe a core unit or an optional junior unit which may be a prerequisite for an elective option under this major.

(ii) three compulsory senior units of study (18 credit points), as follows:

• WORK2201 Foundations of Management
• WORK2210 Strategic Management
• WORK2218 People and Organisations

(iii) a minimum of three senior elective units of study (18 credit points) selected from the following options:

• ECOS2306 Managerial Firms: Evolution and Attributes
• ECOS3003 Hierarchies, Incentives and Firm Structure
• ECOS3005 Industrial Organisation
• ECOS3008 Labour Economics
• ECOS3012 Strategic Behaviour
• WORK2205 Human Resources Processes
• WORK2209 Organisational Analysis and Behaviour
• WORK2211 Human Resource Strategies
• WORK2217 International Human Resource Management
• WORK2219 Management and Organisational Ethics
• WORK2221 Organisational Communication
• WORK2222 Leadership in Organisations
• WORK2224 Globalisation, Work and Employment *
• WORK2227 Regulation at Work

Units of study marked with an "*" will not be offered for 2011.

Some of these elective units of study require the completion of additional prerequisites outside of those units of study listed for this major.

Please check the Tables of undergraduate units of study for details of the unit prerequisites, corequisites and other requirements.

Marketing

Marketing creates value for customers, organisations and society by matching what organisations produce with what people want. It is a core management function within every type of organisation. Marketing skills are used to sell products and services, obtain support for charities, persuade people to improve their lives, which many health campaigns aim to achieve.

Students are taught to understand customer needs through extensive research, apply this information to new ideas for products and services and develop creative ways to communicate these offerings through advertising and other types of media.

The curriculum is grounded in the real world and emphasises team building, role-playing, and other interactive exercises. This approach helps students develop confidence and skill in the areas of business planning and problem solving, public presentations, and social interaction.

For the award of a major in Marketing students complete:

(i) one junior prerequisite unit of study (six credit points), as follows:

• MKTG1001 Marketing Principles

(ii) three compulsory senior units of study (18 credit points), as follows:

• MKTG2112 Consumer Behaviour
• MKTG2113 Marketing Research
• MKTG3118 Marketing Strategy and Planning.

(iii) a minimum of three senior elective units of study (18 credit points) selected from the following options:

• MKTG2010 Marketing Channels and Logistics *
• MKTG3110 Electronic Marketing *
• MKTG3112 Marketing Communications
• MKTG3114 New Products Marketing
• MKTG3116 International Marketing
• MKTG3117 Services Marketing
• MKTG3119 Public Relations Management
• MKTG3120 Building and Managing Brands
• MKTG3121 Advertising: Creative Principles
• MKTG3211 Contemporary Issues in Marketing. *

Units of study marked with an "*" will not be offered for 2011.

Please check the Tables of undergraduate units of study for details of the unit prerequisites, corequisites and other requirements.

Major II subject areas

Accounting

Refer to 'Major I subject areas' for details.

Agricultural Economics

This major is offered by the Faculty of Agriculture, Food and Natural Resources.

Agriculture is a major sector of the world economy. As much as 30 percent of the aggregate value of goods and services consumed globally is food. However, food is only part of agriculture, which also includes the production, processing, wholesaling, retailing and trading of food and fibre, the provision of inputs (such as land, water, chemicals, research), and the fundamental issues of environmental and resource management.

Agricultural economists are applied economists with an underlying quantitative focus. They analyse markets and the impacts of government policies, forecast trends and developments, and devise and evaluate alternative strategies and policies. The global nature of the agricultural market creates important international opportunities for agricultural economists.

For the award of a major in Agricultural Economics, students complete:

(i) two junior prerequisite units of study (12 credit points), as follows:

• AGEC1101 Agricultural and Resource Systems
• AGEC1102 Agricultural Economics I.

(ii) four compulsory senior units of study (24 credit points), as follows:

• AGEC2101 Market and Price Analysis
• AGEC2103 Production Economics
• AGEC3102 Agricultural and Resource Policy
• AGEC3103 Applied Optimisation.

(iii) a minimum of 12 credit points of elective senior 4000-level units of study selected from the Agricultural Economics options specified in the Faculty of Agriculture, Food and Natural Resources Handbook.

For details of all available unit options for the Agricultural Economics major, students should refer to the Faculty of Agriculture, Food and Natural Resources Handbook. (sydney.edu.au/handbooks/) or the relevant unit of study table in the Tables of undergraduate units of study.

Business Information Systems

This major aims to meet the increasing demand for professionals who possess the business acumen to understand a company's business systems and information needs, and who also have a technological awareness to ensure that the right information systems support is available. Businesses need these professionals to help them harness the power of modern technology in business operations, improve their capacity for management decision making and capitalise on the use of network based information sharing.

The primary emphasis of the major is on the ways in which information and communications technologies, databases and enterprise information systems can be strategically used for business process improvement and business innovation. It encourages students to develop the ability to contribute to the decision-making, design and implementation of business process change, and to manage business improvement and information systems projects in organisations.

For the award of a major in Business Information Systems, students complete:

(i) one junior prerequisite unit of study (six credit points), as follows:

• INFS1000 Digital Business Innovation.

(ii) two compulsory senior units of study (12 credit points), as follows:

• INFS2001 IS for Performance Improvement
• INFS2020 Business Process Modelling and Improvement.

(iii) a minimum of four senior elective units of study (24 credit points) selected from the following:

• INFS2010 Digital Information Design and Management
• INFS2030 e-Commerce Business Management
• INFS3030 Information Protection and Assurance
• INFS3040 Enterprise Systems and Integrated Business
• INFS3050 Business Intelligence for Managers
• INFS3060 Managing Digital Innovation Projects
• INFS3080 Business Information Systems Project

Please check the Tables of undergraduate units of study for details of the unit prerequisites, corequisites and other requirements.

Commercial Law

Refer to 'Major I subject areas' for details.

Computer Science

The School of Information Technologies offers this major.

Computer Science is the scientific discipline that has grown out of the use of computers to manage and transform information. It is concerned with the design of computers, their applications in science, government and business, and the formal and theoretical properties, which can be shown to characterise these applications.

The current research interests in the school include algorithms, bioinformatics, data management, data mining and machine learning, internetworking, wireless networks, network computing, biomedical image processing, parallel and distributed computing, user-adaptive systems and information visualisation.

The school has a range of computers and specialised laboratories for its teaching and research.

For the award of a major in Computer Science, students complete:

(i) a minimum of 12 credit points in junior (1000-level) units of study selected from the €˜Computer Science€™ options specified in the Faculty of Science Handbook.

It is recommended that students complete the following units as their junior unit requirements for the major:

• INFO1103 Introduction to Programming; OR INFO1903 Informatics (Advanced)
• INFO1105 Data Structures; OR INFO1905 Data Structures (Advanced).

(ii) a minimum of 24 credit points in intermediate (2000-level) elective units of study selected from the intermediate Computer Science unit options specified in the Faculty of Science Handbook

(iii) a minimum of 24 credit points in elective senior (3000-level) units of study selected from the senior Computer Science unit options specified in the Faculty of Science Handbook, including the following units of study:

• COMP3615 Software Development Project
• INFO3402 Management of IT Projects and Systems.

For details of all available unit options for the Computer Science major, students should refer to the Faculty of Science handbook. (sydney.edu.au/handbooks) or the relevant unit of study table in the Tables of undergraduate units of study.

Econometrics

Refer to 'Major I subject areas' for details.

Economics

Refer to 'Major I subject areas' for details.

Finance

Refer to 'Major I subject areas' for details.

Financial Mathematics and Statistics

This is an interdisciplinary major offered by the Faculty of Science and consists of several core units and a number of elective units from mathematics, statistics and information technologies.

The Financial Mathematics and Statistics major is designed to meet the need for high-level quantitative and modelling skills in the banking, insurance, stockbroking and finance industries. Graduates with strong mathematical and statistics backgrounds are in demand.

Core units of study in Financial Mathematics introduce students to important financial concepts within a mathematical and statistical framework. Core mathematics and statistics units of study provide the technical base that is required by a quantitative analyst, while the elective units of study offer increased flexibility and additional opportunities to develop related skills.

For the award of a major in Financial Mathematics and Statistics, students complete:

(i) a minimum of 12 credit points in junior units of study selected from the following:

• MATH1001 Differential Calculus; OR MATH1901 Differential Calculus (Advanced)
• MATH1002 Linear Algebra; OR MATH1902 Linear Algebra (Advanced)
• MATH1003 Integral Calculus and Modelling; OR MATH1903 Integral Calculus and Modelling Advanced
• MATH1005 Statistics; OR MATH1905 Statistics (Advanced).

(ii) 18 credit points in compulsory intermediate (2000-level) units of study, as follows:

• MATH2070 Optimisation and Financial Mathematics; OR MATH2970 Optimisation and Financial Mathematics Adv
• STAT2011 Statistical Models; OR STAT2911 Probability and Statistical Models (Adv)
• STAT2012 Statistical Tests; OR STAT2912 Statistical Tests (Advanced).

(iii) 18 credit points in compulsory senior (3000-level) units of study, as follows:

• MATH3075 Financial Mathematics; OR MATH3975 Financial Mathematics (Advanced)
• STAT3011 Stochastic Processes and Time Series; OR STAT3911 Stochastic Processes and Time Series Adv
• STAT3012 Applied Linear Models; OR STAT3912 Applied Linear Models Advanced.

(iv) a minimum of six credit points in elective senior (3000-level) units of study selected from the elective senior Financial Mathematics unit options specified in the Faculty of Science Handbook.

For details of all available unit options for the Financial Mathematics and Statistics major, students should refer to the Faculty of Science handbook. (sydney.edu.au/handbooks) or the relevant unit of study table in the Tables of undergraduate units of study.

Industrial Relations and Human Resource Management

Refer to 'Major I subject areas' for details.

International Business

Refer to 'Major I subject areas' for details.

Government and International Relations

This major is offered through the Department of Government and International Relations which is part of the School of Social and Political Sciences in the Faculty of Arts and Social Sciences.

Government and International Relations is a comprehensive political science department. It offers systematic and extended study in all major aspects of government and politics in the many forms each takes. It covers national, comparative, and international. It focuses on Australian politics: parties, federalism, and elections; it considers regional relations with particular reference to Asia and the Pacific; it examines the international systems of state and other actors in international relations. Students are invited to follow their interest through the range of elective units the Department offers. These electives include Australian politics, Australian foreign and defence policy, international relations, international business and politics, the state and the economy, politics in Asia and the Pacific, American politics, European politics, communist and post-communist systems, public policy and public management, international security, human rights, political institutions, political theory, and more.

For the award of a major in Government and International Relations, students complete:

(i) two junior (1000-level) €˜GOVT€™ unit of study (12 credit points) selected from the junior Government and International Relations unit options specified in the Faculty of Arts and Social Sciences Handbook.

(ii) a minimum of six elective senior €˜GOVT€™ units of study (36 credit points) selected from the Government and International Relations unit options specified in the Faculty of Arts and Social Sciences Handbook. *

* Note. Students may also complete a maximum of 12 credit points in cross-listed non-€˜GOVT€™ senior units of study as electives for this major . For details of all non-'GOVT' units of study that may be cross-listed with this major, see the Faculty of Arts and Social Sciences website: (sydney.edu.au/arts/downloads/documents/Cross-listed.pdf).

For details of all available unit options for the Government and International Relations major, students should refer to the Faculty of Arts and Social Sciences handbook (sydney.edu.au/handbooks) or the relevant unit of study table in the Tables of undergraduate units of study.

Management

Refer to 'Major I subject areas' for details.

Marketing

Refer to 'Major I subject areas' for details.

Mathematics

This major is offered by the School of Mathematics and Statistics, in the Faculty of Science.

The School of Mathematics and Statistics offers units of study in Applied Mathematics, Mathematical Statistics and Pure Mathematics. Junior units of study cover a range of topics in mathematics and statistics and are offered at three levels: Life Sciences, Normal and Advanced, to suit various levels of previous knowledge.

Intermediate, senior and honours units of study are mostly provided within one of the subject areas of Applied Mathematics, Mathematical Statistics and Pure Mathematics. Full details about the extensive range of units offered and prerequisites can be obtained from the School of Mathematics and Statistics, the Science handbook or from the website (sydney.edu.au/science/maths/Teaching.html).

For the award of a major in Mathematics, students complete:

(i) a minimum of 12 credit points in junior (1000-level) 'MATH' units of study selected from the junior Mathematics unit options specified in the Faculty of Science Handbook.

(ii) a minimum of 12 credit points in intermediate (2000-level) €˜MATH€™ units of study selected from the intermediate Mathematics unit options specified in the Faculty of Science Handbook.

(iii) a minimum of 24 credit points in senior (3000-level) €˜MATH€™ units of study selected from the senior Mathematics unit options specified in the Faculty of Science Handbook.

For details of all available unit options for this major, students should refer to the Faculty of Science handbook (sydney.edu.au/handbooks) or the relevant unit of study table in the Tables of undergraduate units of study.

Operations Management and Decision Sciences

Operations Management and Decision Sciences introduces students to the management of operations; the processes that add value for a customer. Operations have become increasingly important in the business world and are a major area of employment.

At the same time, this major equips students with a structured approach to decision-making in business and managerial situations, where choice between alternatives is complex and can involve a difficult trade-off between multiple objectives.

The major focuses on significant decisions that can be addressed in an objective fashion through quantitative modelling and analysis, combined with an understanding of the problem at hand. Such skills are repeatedly required in contemporary management.

A range of electives are offered in this major, enabling students to select either topics in operations management or topics in decision sciences.

For the award of a major in Operations Management and Decision Sciences students complete:

(i) two junior units of study (12 credit points), as follows:

• ECMT1010 Business and Economic Statistics A
• ECMT1020 Business and Economic Statistics B.

(ii) four compulsory senior units of study (24 credit points), as follows:

• ECMT2620 Management Science
• ECMT2630 Managerial Decision Making
• ECMT2640 Operations Management
• ECMT3610 Management Science Models and Methods.

(iii) a minimum of two senior elective units of study (12 credit points) selected from the following options:

• ECMT2110 Regression Modelling
• ECMT2120 Analysis of Discrete Choice Data
• ECMT2130 Financial Econometrics
• ECMT3110 Econometric Models and Methods
• ECMT3120 Applied Econometrics
• ECMT3130 Forecasting for Economics and Business
• ECMT3180 Business Risk Management
• ECMT3640 Project Planning and Management.

Please check the Tables of undergraduate units of study for details of the unit prerequisites, corequisites and other requirements.

Political Economy

This major is offered through the Department of Political Economy which is part of the School of Social and Political Sciences in the Faculty of Arts and Social Sciences.

Studies in Political Economy are a focal point for critical inquiry into contemporary economic issues, taking account of their connections with social, political and environmental concerns. Political Economy is an excellent background for a wide range of careers such as journalism and the media, economic research, teaching, public service and management.

Political economists study the relationship between the main players in the economy, like transnational corporations, small businesses, national governments, consumers and trade unions. To get a good understanding of how the economy works, they draw on different currents of economic thought - from the birth of capitalism to the modern globalisation era. They study the sources of economic power and how that power is used to change the lives of millions of people.

Students seeking some general knowledge of economic issues to accompany their studies in other subjects in the humanities or social sciences can take introductory units in their first year. Others who want to go on to more thorough study of the subject may consider taking a major in Political Economy.

For the award of a major in Political Economy, students complete:

(i) two junior units of study (12 credit points) as follows:

• ECOP1001 Economics as a Social Science
• ECOP1003 International Economy and Finance; OR ECOP1004 Economy and Society.

(ii) two compulsory senior units of study (12 credit points), as follows:

• ECOP2011 Economics of Modern Capitalism
• ECOP2612 Economic Policy in Global Context.

(iii) a minimum of four senior elective €˜ECOP€™ units of study (24 credit points) selected from the senior unit options specified under the Political Economy major in the Faculty of Arts and Social Sciences handbook.

For details of all available unit options for this major, students should refer to the Faculty of Arts and Social Sciences handbook (sydney.edu.au/handbooks) or the relevant unit of study table in the Tables of undergraduate units of study.

Additional majors

Students have the choice to complete an additional major from Business School or possibly from another faculty of the University of Sydney (depending on credit point restrictions and approval of the faculty offering the major). For example, a language major from the Faculty of Arts may be completed. Students can complete a maximum of 84 credit points from outside of the Business School and School of Economics within the Bachelor of Commerce (Liberal Studies) - including required Arts and Science units and any other faculty 'Major II' option.

Students should refer to the other faculties handbooks for details of available major areas of study and unit of study requirements (sydney.edu.au/handbooks).

Units of study the Bachelor of Commerce (Liberal Studies)

For information on units of study that are available to students enrolled in the Bachelor of Commerce (Liberal Studies) in 2011, please refer to the Business School, Agriculture, Arts and Social Sciences and Science unit of study tables in the Tables of undergraduate units of study.

For descriptions of the Business School and School of Economics units, refer to the Undergraduate unit of study descriptions. For descriptions of the Faculty of Arts and Social Sciences, Agriculture or Science units, refer to other relevant faculty handbooks (sydney.edu.au/handbooks) or the Online Unit of Study Handbook (ssa.usyd.edu.au/ssa/handbook/uossearch.jsp).

Course rules and resolutions