Commerce

This section outlines the Master’s, Graduate Diploma and Graduate Certificate in Commerce offered by the University of Sydney Business School.

For details of the combined Master of Commerce programs please refer to the relevant sections as follows:

For the Master of Commerce and Master of Logistics Management please refer to Commerce and Logistics Management
For the Master of International Business and Master of Commerce please refer to International Business and Commerce

Overview of the courses

Course	Master of Commerce	Graduate Diploma in Commerce	Graduate Certificate in Commerce
CRICOS code	019181A	019182M	023939C
Course abbreviation	MCom	GradDipCom	GradCertCom
Credit points required for completion	72	48	24
Duration (minimum)	1.5 years full-time	1 year full-time	0.5 years full-time
Duration (minimum)	3 years part-time	2 years part-time	1 year part-time

The Commerce programs draw on the breadth of research and teaching expertise in the University of Sydney Business School to assist students to develop the advanced skills and knowledge required for a high-level position in industry, commerce, and government. These programs offer specialised education in the following areas: accounting, banking, business information systems, business law, finance, international business, logistics and supply chain management, management and organisations, marketing, project management, quantitative business analysis, quantitative finance, strategy and innovation and economics and econometrics.

Course structures and progressions

Course requirements

1. Master of Commerce

To be awarded the Master of Commerce, students complete a total of 12 units of study (72 credit points), including:

two core units of study (12 credit points) - one in the first semester of study and one in the final semester
two to five foundational units of study (12 to 30 credit points)#
a specialisation selected from the ‘Commerce areas of specialisation’
an optional second specialisation (different to that chosen as a first specialisation); OR
any additional elective units of study from the specialisations required to make 72 credit points in total for the degree (excluding foundational units).

# Graduates with a bachelor’s degree qualification in Commerce or Business may apply for waivers for foundational units.

2. Graduate Diploma in Commerce

To be awarded the Graduate Diploma in Commerce, students complete a total of eight units of study (48 credit points), comprising:

a core unit of study (six credit points) to be completed in the first semester of study
three foundational units of study (18 credit points)
four elective units of study (24 credit points) selected from the units listed under the ’Commerce areas of specialisation’ (excluding foundational units).

3. Graduate Certificate in Commerce

To be awarded the Graduate Certificate in Commerce, students complete a total of four units of study (24 credit points), comprising:

a core unit of study (6 credit points) to be completed in the first semester of study
three foundational units of study (18 credit points)

Core units of study

Master of Commerce students must complete both core units of study. Students enrolled in the Graduate Diploma and Graduate Certificate in Commerce complete only BUSS5000.

BUSS5000 Critical Thinking in Business (must be completed in the first semester of study) #
BUSS6000 Succeeding in Business (must be completed in the final semester of study)

# Commencing Commerce students who wish to be considered for a waiver of BUSS5000 must complete a 60-minute invigilated test in one of two scheduled sessions to be held at the University of Sydney Business School in the week prior to semester commencement.

Foundational units of study

Master of Commerce students complete two to five foundational units. Students enrolled in the Graduate Diploma and Graduate Certificate in Commerce complete only three foundational units. The available foundational units are as follows:

(i) Foundational units offered by the University of Sydney Business School:

ACCT5001 Accounting Principles
CLAW5001 Legal Environment of Business
FINC5001 Capital Markets and Corporate Finance
IBUS5001 Strategy, Innovation and Global Business
INFS5001 Project Management
MKTG5001 Marketing Principles
QBUS5001 Quantitative Methods for Business
TPTM5001 Logistics and Supply Chain Management
WORK5003 Management and Organisations

(ii) Foundational units offered by the School of Economics within the Faculty of Arts and Social Sciences:

ECMT5001 Principles of Econometrics
ECON5001 Microeconomic Theory

Specialisations

1. Master of Commerce

Students complete at least one specialisation as a requirement for the master’s degree. For a specialisation, students complete at least one foundational unit of study (six credit points) and four additional advanced units of study as listed under each specialisation (24 credit points). Foundational units for a specialisation should be completed within a student’s first semester of study.

(i) Specialisations offered by the University of Sydney Business School:

Accounting
Banking
Business Information Systems
Business Law
Finance
International Business
Logistics and Supply Chain Management
Management and Organisations
Marketing
Project Management
Quantitative Business Analysis
Quantitative Finance
Strategy and Innovation

(ii) Specialisations offered by the School of Economics within the Faculty of Arts and Social Sciences:

Econometrics
Economics

For details of the structure and units available under these specialisations, please refer to the ‘Commerce areas of specialisation’ section.

2. Graduate Diploma in Commerce

Graduate Diploma students select their elective advanced units of study from those listed under the specialisation subject areas for the master’s degree. If students choose all four electives from one subject area this will not constitute a specialisation. Specialisations are only awarded at the master’s level. Note: Foundational units cannot be selected as electives for this course.

Refer to the 'Commerce areas of specialisation' for details of units available in each specialisation subject area.

Commerce internship

Students who achieve a WAM of 75%+ in a minimum of four units in the Master of Commerce (24 credit points) may apply for an assessable work integrated learning unit - BUSS6500 (six credit points). Access to this unit will be subject to the availability of suitable placements, with available placements offered on a competitive basis and subject to WAM performance and interview by the Program Director.

Please note: This unit cannot be counted towards a specialisation.

Professional accreditation program requirements

Australian Computer Society (ACS) accreditation

Students planning to satisfy the accreditation requirements of the ACS should include in their degree a prescribed set of units of study, including a specialisation in Business Information Systems. The required units of study are listed below:

The foundational unit of study INFS5001 Project Management and two other foundational units of study
At least five INFS coded 6000-level elective units of study, including INFS6020 (30 credit points)

Professional accreditation in accounting

Students seeking associate membership of CPA Australia or the Institute of Chartered Accountants Australia (ICAA) should complete the Master of Professional Accounting which is accredited by both CPA Australia and the ICAA. Depending on their choice of units of study, however, students enrolled in the Masters of Commerce or a combined Master of Commerce program can cover core knowledge areas required for associate membership of CPA Australia or the ICAA.

As a guide, choice of the following units of studies are suggested to maximise the coverage of the foundation core knowledge areas that are required by the two main professional accounting bodies in Australia:

1. CPA Australia accreditation

Foundational units of study

ACCT5001 Accounting Principles
CLAW5001 Legal Environment of Business
QBUS5001 Quantitative Methods for Business OR ECMT5001 Principles of Econometrics
FINC5001 Capital Markets and Corporate Finance

Accounting specialisation units of study

ACCT5002 Managerial Accounting and Decision Making
ACCT6001 Intermediate Financial Reporting
ACCT6010 Advanced Financial Reporting
ACCT6014 Designing Accounting Systems

Non-specialist units of study

ECON5003 Economics for Accountants OR (ECON5001 Microeconomic Theory AND ECON5002 Macroeconomic Theory)
CLAW6002 Corporate Structures in Practice

Note: From 2004, CPA Australia has allowed graduates to complete auditing and taxation core knowledge areas, which would normally be required for accredited degree, as part of their professional CPA Program electives if not part of the units of study that they have competed in their university degree.

2. ICAA accreditation

Foundational units of study

ACCT5001 Accounting Principles
CLAW5001 Legal Environment of Business
FINC5001 Capital Markets and Corporate Finance

Accounting specialisation units of study

ACCT5002 Managerial Accounting and Decision Making
ACCT6001 Intermediate Financial Reporting
ACCT6007 Contemporary Issues in Auditing
ACCT6010 Advanced Financial Reporting

Non-specialist units of study

CLAW6002 Corporate Structures in Practice
CLAW6026 Taxation Law and Practice

As recent changes have occurred in the foundation core knowledge area requirements of both professional bodies, students should check each of the ICAA and CPA Australia websites for current requirements for associate membership and further professional program requirements to achieve CPA or CA status. In addition, they can seek advice from the CPA/ICAA accreditation liaison officer in the Discipline of Accounting.

Progression guides

The following tables show degree progression examples for a student enrolled in the Commerce Master's degree, Graduate Diploma or Graduate Certificate.

1. Master of Commerce

(i) The following table shows an example degree progression for a student who wishes to attain one specialisation in the Master of Commerce on a full-time basis undertaking four units of study per semester.

Year	Semester	Units of study
1	1	foundational (articulates to specialisation)	foundational	foundational	BUSS5000
1	2	specialisation	specialisation	foundational OR elective	foundational OR elective
2	1	specialisation	specialisation	elective	BUSS6000

(ii) The following table shows an example degree progression for a student who wishes to attain two specialisations in the Master of Commerce on a full-time basis undertaking four units of study per semester.

Year	Semester	Units of study
1	1	foundational (articulates to specialisation A)	foundational (articulates to specialisation B)	specialisation B	BUSS5000
1	2	specialisation A	specialisation A	specialisation B	specialisation B
2	1	specialisation A	specialisation A	specialisation B	BUSS6000

The Business School website illustrates other units of study progression sequences for specific specialisations for the Master of Commerce. This information can be accessed at sydney.edu.au/business/courses/MCom/.

2. Graduate Diploma in Commerce

The following table shows a course progression example for a student enrolled in the Graduate Diploma in Commerce on a full-time basis completing four units of study per semester.

Please note: Students cannot be awarded a specialisation in the Graduate Diploma.

Year	Semester	Units of study
1	1	foundational	foundational	foundational	BUSS5000
1	2	elective	elective	elective	elective

3. Graduate Certificate in Commerce

The following table illustrates a course progression example for a student enrolled in the Graduate Certificate in Commerce on a full-time basis completing four units of study per semester.

Year	Semester	Units of study
1	1	foundational	foundational	foundational	BUSS5000

Please note: The information listed in these examples is based on the unit of study offerings for 2012 and is intended as a guide only. Students are usually able to complete the units of study in different sequences to those listed (including enrolling in units in Summer or Winter School sessions when available). Students are advised to plan their degree based upon their individual needs and to contact the Student Information Office if they need any assistance in planning their progression in their course.

Commerce areas of specialisation

In relation to these areas of specialisation, please note the following:

The units of study listing under the following subject areas were approved for each specialisation at the time of printing. Students may also include any units of study, which are additional to those currently listed, which appear under these subject areas in the Business School handbook/website in subsequent years. The availability of units of study may change and students should check the Business School 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, which is currently offered.
Non-foundational (advanced) units of study can only be used to meet the requirements for a single specialisation (i.e. cannot be counted towards two separate specialisations). For example, FINC6000 cannot be counted towards both a Finance and Quantitative Finance specialisation.
Students should refer to the 'Units of study for Commerce coursework programs' for details of prerequisites, corequisites and other requirements for the individual units of study listed under the following specialisations.
Students who are granted waivers for foundational units may replace these units with either a foundational or an advanced unit for their program.

The University of Sydney Business School Commerce areas of specialisation:

Accounting

To be awarded a specialisation in Accounting, students complete five units of study (30 credit points), comprising:

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

ACCT5001 Accounting Principles

(ii) four elective units of study (24 credit points) selected from the following units of study:

ACCT5002 Managerial Accounting and Decision Making
ACCT6001 Intermediate Financial Reporting
ACCT6002 International Accounting
ACCT6003 Financial Statement Analysis
ACCT6005 Management Control Systems
ACCT6006 Advanced Managerial Accounting *
ACCT6007 Contemporary Issues in Auditing
ACCT6010 Advanced Financial Reporting
ACCT6014 Designing Accounting Systems
ACCT6015 Extended Performance Reporting
ACCT6116 Corporate Collapse *
ACCT6118 Public Sector Accounting *
ACCT6120 Corporate Governance and Accountability.

* These units are not offered in 2012.

Banking

To be awarded a specialisation in Banking, students complete five units of study (30 credit points), comprising:

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

FINC5001 Capital Markets and Corporate Finance

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

BANK6002 Bank Management
BANK6003 Global Supervision of Bank Risks
BANK6005 International Banking

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

ACCT6003 Financial Statement Analysis
CLAW6031 International Financial Crime
ECON5002 Macroeconomic Theory
FINC6000 Quantitative Finance
FINC6001 Intermediate Corporate Finance
FINC6003 Broking and Market Making
FINC6005 Advanced Asset Pricing
FINC6007 Financial Strategy
FINC6009 Portfolio Theory and its Applications
FINC6010 Derivative Securities
FINC6013 International Business Finance
FINC6014 Fixed Income Securities
FINC6015 Global Trading
FINC6016 Financial Instruments and Markets
FINC6017 Mergers and Acquisitions
FINC6019 Financial Modelling
FINC6021 Corporate Valuation
FINC6022 Behavioural Finance
FINC6023 Financial Risk Management.

Refer to the Units of study for Commerce coursework programs for further details of specific prerequisite requirements.

Business Information Systems

To be awarded a specialisation in Business Information Systems, students complete five units of study (30 credit points) comprising:

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

INFS5001 Project Management

(ii) four elective units of study (24 credit points) selected from the following units of study:

INFS6001 Managing Information and Systems
INFS6002 Strategic Information Systems Management
INFS6004 Information Systems Change Management
INFS6012 Business Process Integration
INFS6013 Information Risk, Governance and Assurance
INFS6015 Business Process Management
INFS6016 Technology-Enabled Business Innovation
INFS6017 Strategic Information and Knowledge Management
INFS6018 Managing Business Intelligence
INFS6020 BIS Innovation, Transformation and Change
INFS6101 Information Systems Research A
INFS6106 Information Systems Research B

Students seeking Australian Computer Society Accreditation at Professional level will need to take a total of six 'INFS' units (including the foundational unit INFS5001), see 'Accreditation program requirements' for further details.

Business Law

To be awarded a specialisation in Business Law, students complete five units of study (minimum of 30 credit points) comprising:

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

CLAW5001 Legal Environment of Business.

(ii) one compulsory unit of study (six credit points), as follows:

CLAW6002 Corporate Structures in Practice

(ii) three elective units of study (18 credit points) selected from the following units of study:

CLAW6005 Regulation of Capital Markets
CLAW6006 Regulatory Response to Business Failure *
CLAW6007 Issues in Law and International Business
CLAW6026 Taxation Law and Practice
CLAW6028 Corporate Governance, Law and Ethics *
CLAW6029 Concepts of Chinese Taxation *
CLAW6030 China's Legal Environment for Business
CLAW6031 International Financial Crime
CLAW6032 Regulating Innovation and Distribution.

* These units are not offered in 2012.

Finance

To be awarded a specialisation in Finance, students complete five units of study (30 credit points) comprising:

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

FINC5001 Capital Markets and Corporate Finance.

(ii) one compulsory unit of study (six credit points), as follows:

FINC6001 Intermediate Corporate Finance

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

CLAW6031 International Financial Crime
FINC6000 Quantitative Finance
FINC6003 Broking and Market Making
FINC6005 Advanced Asset Pricing
FINC6007 Financial Strategy
FINC6009 Portfolio Theory and its Applications
FINC6010 Derivative Securities
FINC6013 International Business Finance
FINC6014 Fixed Income Securities
FINC6015 Global Trading
FINC6016 Financial Instruments and Markets
FINC6017 Mergers and Acquisitions
FINC6019 Financial Modelling
FINC6021 Corporate Valuation
FINC6022 Behavioural Finance
FINC6023 Financial Risk Management.

International Business

To be awarded a specialisation in International Business, students complete five units of study (30 credit points), comprising:

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

IBUS5001 Strategy, Innovation and Global Business

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

IBUS6001 International Business Strategy
IBUS6002 Cross-Cultural Management.

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

ACCT6002 International Accounting
CLAW6007 Issues in Law and International Business
CLAW6030 China's Legal Environment for Business
FINC6013 International Business Finance
IBUS6003 Managing International Risk
IBUS6004 International Business Alliances
IBUS6005 Ethical International Business Decisions
IBUS6006 Comparative International Management
IBUS6008 Export Management
IBUS6012 Business Growth and Innovation
IBUS6018 Business Negotiations *
IBUS6019 Strategy and Emerging Markets
MKTG6013 International and Global Marketing.

* This unit is not offered in 2012.

Refer to the 'Units of study for Commerce coursework programs' section for further details of specific prerequisite requirements.

Logistics and Supply Chain Management

To be awarded a specialisation in Logistics and Supply Chain Management, students complete five units of study (30 credit points), comprising:

(i) one foundational unit of study (six credit points) completed in the first semester of enrolment, as follows:

TPTM5001 Logistics and Supply Chain Management

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

TPTM6115 Organisational Logistics
TPTM6170 Value Chain Management

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

TPTM6130 Transport and Logistics Strategy
TPTM6160 Aviation Management and Logistics
TPTM6180 Geographical Information Systems
TPTM6190 Logistics Systems
TPTM6200 Maritime Logistics
TPTM6210 Reverse Logistics and Closed Loop SCM
TPTM6224 Intelligent Transport and Logistic Systems
TPTM6260 International Logistics
TPTM6270 Innovation in Logistics and Supply Chains *
TPTM6310 Project Management in Supply Chains
TPTM6380 Retail Logistics Management
TPTM6390 Logistics in Humanitarian Aid Projects
TPTM6440 International Freight Transportation
TPTM6470 Sustainable Transport and Logistic Systems
TPTM6495 Analysis Tools for Transport and Logistics.

* This unit is not offered in 2012.

Management and Organisations

To be awarded a specialisation in Management and Organisations, students complete five units of study (30 credit points), comprising:

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

WORK5003 Management and Organisations

(ii) one compulsory unit of study (six credit points), as follows:

WORK6130 Leadership in Organisations

(iii) three elective units of study (18 credit points), selected from the following:

WORK6001 Organisational Analysis *
WORK6003 People, Management and Technology *
WORK6017 Human Resource Strategies
WORK6018 International Industrial Relations
WORK6026 Organisational Change and Development
WORK6108 International Dimensions of Human Resource Management
WORK6115 Managing Diversity at Work
WORK6117 Managing HR and Knowledge Systems *
WORK6118 Managing Communication in Organisations

* These units are not offered in 2012.

Marketing

To be awarded a specialisation in Marketing, students complete five units of study (30 credit points), comprising:

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

MKTG5001 Marketing Principles.

(ii) one compulsory unit of study (six credit points), as follows:

MKTG6007 Consumer Behaviour.

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

CLAW6032 Regulating Innovation and Distribution
MKTG6001 Marketing Research Concepts
MKTG6003 Marketing Strategy
MKTG6004 New Product Development
MKTG6005 Marketing Communications
MKTG6006 Creative Communications in Marketing
MKTG6013 International and Global Marketing
MKTG6015 Electronic Marketing *
MKTG6016 Brand Management
MKTG6017 Retail Marketing *
MKTG6018 CRM-Customer Relationship Management *
MKTG6020 Business Marketing
MKTG6103 Services Marketing
MKTG6104 The Psychology of Business Decisions.

* These units are not offered in 2012.

Project Management

To be awarded a specialisation in Project Management, students complete five units of study (30 credit points), comprising:

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

INFS5001 Project Management

(ii) four elective units of study (24 credit points), selected from the following:

IBUS6002 Cross-Cultural Management
INFS6030 Project Management in Practice
MKTG6004 New Product Development
QBUS6320 Management Decision Making
TPTM6260 International Logistics
WORK6118 Managing Communication in Organisations

Refer to the 'Units of study for Commerce coursework programs' section for further details of specific prerequisite requirements.

Quantitative Business Analysis

To be awarded a specialisation in Quantitative Business Analysis, students complete five units of study (30 credit points), comprising:

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

QBUS5001 Quantitative Methods for Business

(ii) four elective units of study (24 credit points), selected from the following options:

QBUS6310 Business Operations Analysis
QBUS6320 Management Decision Making
QBUS6810 Statistical Learning and Data Mining
QBUS6820 Business Risk Management
QBUS6830 Financial Time Series and Forecasting.

Quantitative Finance

To be awarded a specialisation in Quantitative Finance, students complete six units of study (36 credit points), comprising:

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

FINC5001 Capital Markets and Corporate Finance
QBUS5001 Quantitative Methods for Business.

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

FINC6000 Quantitative Finance
QBUS6830 Financial Time Series and Forecasting.

(iii) two elective units of study (12 credit points), selected from the following:

FINC6005 Advanced Asset Pricing
FINC6009 Portfolio Theory and Its Applications
FINC6010 Derivative Securities
FINC6014 Fixed Income Securities
FINC6023 Financial Risk Management.

Note: Due to the number of required foundational units, Quantitative Finance can only be taken as either a single specialisation or in combination with a second specialisation in Finance, Banking or Quantitative Business Analysis.

Strategy and Innovation

To be awarded a specialisation in Strategy and Innovation, students complete five units of study (30 credit points), comprising:

(i) one foundational unit of study (six credit points) selected from the following units of study:

IBUS5001 Strategy, Innovation and Global Business; OR
WORK5003 Management and Organisations.

(ii) four elective units of study (24 credit points), selected from the following:

CLAW6032 Regulating Innovation and Distribution
IBUS6011 New Business Opportunities and Start-ups
IBUS6012 Business Growth and Innovation
IBUS6013 Business Restructuring and Renewal
IBUS6014 Intellectual Property Management
IBUS6016 Social Entrepreneurship
IBUS6017 Enterprise and the Creative Industries
IBUS6018 Business Negotiations *
WORK6002 Foundations of Strategic Management *
WORK6026 Organisational Change and Development
WORK6111 Management Consulting
WORK6119 The Innovative Firm.

* These units are not offered in 2012.

School of Economics (Faculty of Arts and Social Sciences) Commerce areas of specialisation:

Econometrics

To be awarded a specialisation in Econometrics, students complete five units of study (30 credit points), comprising:

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

ECMT5001 Principles of Econometrics

(ii) one compulsory unit of study (six credit points), as follows:

ECMT6002 Econometric Applications

(iii) three elective units of study (18 credit points), selected from the following:

ECMT6003 Applied Business Forecasting
ECMT6005 Applied Discrete Choice Modelling *
ECMT6006 Applied Financial Econometrics
ECMT6007 Analysis of Panel Data
ECMT6030 Forecasting for Economics and Business*.

* These units are not offered in 2012.

Economics

To be awarded a specialisation in Economics, students complete five units of study (minimum of 30 credit points) comprising:

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

ECON5001 Microeconomic Theory

(ii) one compulsory unit of study (six credit points), as follows:

ECON5002 Macroeconomic Theory

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

ECON6006 Market Structure and Strategic Behaviour
ECON6008 International Money and Finance
ECON6009 Economics of the Labour Market
ECON6010 Public Economics
ECON6016 Trade and Development
ECON6018 Environmental Economics
ECON6021 Financial Economics
ECON6023 International Trade
ECON6024 Private Equity
ECON6025 Strategic Decision Making
ECON6026 Strategic Business Relationships
ECON6027 Experimental Economics
ECON6101 Special Topic in Economics.#

# Enrolment in this unit of study requires permission from the Postgraduate Coordinator in the School of Economics.

Units of study for Commerce coursework programs

General information relating to unit of study offerings

The unit of study information listed is for 2012 and was correct at the time of publication.

The Business School website (sydney.edu.au/business/pgunits/) contains the most up to date information on unit of study availability or other requirements. Timetabling information for 2012 is also available on the faculty website (sydney.edu.au/business/timetable). Students should note that units of study are run subject to demand.

Most units of study will be offered in standard semesters (either Semester 1 or Semester 2). Some units are also offered in intensive mode. The intensive sessions are explained in the following table.

Key to intensive unit of study offering sessions

Session code	Description of how the unit will be offered
1a (7)	the unit of study will run intensively in the first half of Semester 1
1b (8)	the unit of study will run intensively in the second half of Semester 1
2a (9)	the unit of study will run intensively in the first half of Semester 2
2b (10)	the unit of study will run intensively in the second half of Semester 2
Int January (101), Int February (102), Int March (103), Int April (104), Int May (105), Int June (106), Int July (107), Int August (108), Int Sept (109), Int October (110), Int November (111) and Int December (112)	the unit of study will run intensively for the month indicated.
Summer School: Summer Early (42), Summer Main (43), and Summer Late (44)	the unit of study will be offered intensively in the Summer School session
Winter School: Winter Main (11)	the unit of study will be offered intensively in the Winter School session

Intensive sessions were introduced to cater for units of study that are delivered in non-standard ways.

The units of study available for 2012 for these programs are detailed under:

Table of postgraduate units of study: Commerce coursework programs
Postgraduate unit of study descriptions: Commerce coursework programs

1. Table of postgraduate units of study: Commerce coursework programs

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Core units of study
(i) For the Master of Commerce, students complete 12 credit points in core units of study.
BUSS5000 is completed in a student's first semester of study and the capstone core unit BUSS6000 is completed in a student's final semester of study.
BUSS5000 Critical Thinking in Business	6	N ECOF5010	Semester 1 Semester 2
BUSS6000 Succeeding in Business	6	P Students must complete this unit in their final semester of study (Full-time students will have completed a minimum of 48 credit points and part-time students will have completed a minimum of 60 credit points)	Semester 1 Semester 2
Foundational units of study
(i) For the Master of Commerce students complete between 12 and 30 credit points in foundational units of study.
(ii) For the Graduate Diploma and Graduate Certificate in Commerce students complete 18 credit points in foundational units of study.
Foundational units offered by the University of Sydney Business School:
ACCT5001 Accounting Principles	6		Semester 1 Semester 2
CLAW5001 Legal Environment of Business	6		Semester 1 Semester 2
FINC5001 Capital Markets and Corporate Finance	6		Semester 1 Semester 2
IBUS5001 Strategy, Innovation and Global Business	6		Semester 1 Semester 2
INFS5001 Project Management	6	N INFS6014	Semester 1 Semester 2 Summer Early
MKTG5001 Marketing Principles	6		Semester 1 Semester 2
QBUS5001 Quantitative Methods for Business	6	N ECMT5001	Semester 1 Semester 2
TPTM5001 Logistics and Supply Chain Management	6	N TPTM6155 This is the foundation unit for all logistics and supply chain management programs and should be completed in the first period of study. Students demonstrating extensive practical experience in the logistics industry may apply for a waiver from TPTM5001 Logistics and Supply Chain Management. This allows another Logistics Management unit of study to be substituted for TPTM5001. Students should send their resume with a covering email outlining their experience to the Postgraduate Coordinator for Logistics Management, Professor David Walters david.walters@sydney.edu.au	Semester 1 Semester 2
WORK5003 Management and Organisations	6		Semester 1 Semester 2
Foundational units offered by the School of Economics within the Faculty of Arts and Social Sciences:
ECON5001 Microeconomic Theory	6	N ECON5003, ECON5000	Semester 1 Semester 2 Summer Main
ECMT5001 Principles of Econometrics	6		Semester 1 Semester 2
University of Sydney Business School specialisation subject areas
Accounting
To be awarded a specialisation in Accounting, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: ACCT5001; and
(ii) 24 credit points in elective units of study.
Foundational unit of study
ACCT5001 Accounting Principles	6		Semester 1 Semester 2
Elective units of study
ACCT5002 Managerial Accounting & Decision Making	6	P ACCT5001	Semester 1 Semester 2
ACCT6001 Intermediate Financial Reporting	6	P ACCT5001	Semester 1 Semester 2
ACCT6002 International Accounting	6	A ACCT6001 P ACCT5001 This unit of study is being run by the Discipline of International Business. All enquiries should be directed to the Discipline of International Business.	Semester 2 Summer Early Winter Main
ACCT6003 Financial Statement Analysis	6	P ACCT5001 and FINC5001	Semester 1 Semester 2
ACCT6005 Management Control Systems	6		Semester 1
ACCT6007 Contemporary Issues in Auditing	6	P ACCT6001	Semester 1 Semester 2
ACCT6010 Advanced Financial Reporting	6	P ACCT6001	Semester 1 Semester 2
ACCT6014 Designing Accounting Systems	6	P ACCT5001	Semester 1
ACCT6015 Extended Performance Reporting	6		Semester 2
ACCT6120 Corporate Governance and Accountability	6	A CLAW5001 P ACCT6001	Semester 1 Semester 2
Banking
To be awarded a specialisation in Banking, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: FINC5001;
(ii) 18 credit points in compulsory units of study: BANK6002, BANK6003 and BANK6005; and
(iii) six credit points in elective units of study.
Foundational unit of study
FINC5001 Capital Markets and Corporate Finance	6		Semester 1 Semester 2
Compulsory units of study
BANK6002 Bank Management	6	C FINC5001	Semester 1 Semester 2
BANK6003 Global Supervision of Bank Risks	6	C FINC5001	Semester 1 Semester 2
BANK6005 International Banking	6	C FINC5001	Semester 1 Semester 2
Elective units of study
ACCT6003 Financial Statement Analysis	6	P ACCT5001 and FINC5001	Semester 1 Semester 2
CLAW6031 International Financial Crime	6		Semester 2
ECON5002 Macroeconomic Theory	6	N ECON5003	Semester 1 Semester 2 Summer Main
FINC6000 Quantitative Finance	6	A This unit requires students to have some background in calculus, matrix, statistics and probability. P FINC5001 N FINC5002	Semester 1 Semester 2
FINC6001 Intermediate Corporate Finance	6	P FINC5001	Semester 1 Semester 2
FINC6003 Broking and Market Making	6	P FINC5001 or FINC5002 or FINC6000	Semester 2
FINC6005 Advanced Asset Pricing	6	P FINC5001 or FINC5002 or FINC6000	Semester 1
FINC6007 Financial Strategy	6	P FINC5001	Semester 2
FINC6009 Portfolio Theory and its Applications	6	P FINC5001 or FINC5002 or FINC6000	Semester 2
FINC6010 Derivative Securities	6	C FINC5001	Semester 1 Semester 2 Summer Early
FINC6013 International Business Finance	6	P FINC5001	Semester 1
FINC6014 Fixed Income Securities	6	P FINC5001	Semester 2
FINC6015 Global Trading	6	P FINC5001	Semester 2
FINC6016 Financial Instruments and Markets	6		Semester 2
FINC6017 Mergers and Acquisitions	6	P FINC5001 N ACCT6011	Semester 1
FINC6019 Financial Modelling	6	P FINC5002 or FINC6000	Semester 1 Semester 2
FINC6021 Corporate Valuation	6	P FINC5001	Semester 1 Semester 2
FINC6022 Behavioural Finance	6	P FINC5001	Semester 1 Semester 2
FINC6023 Financial Risk Management	6	P FINC5001	Semester 1
Business Information Systems
To be awarded a specialisation in Business Information Systems, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: INFS5001; and
(ii) 24 credit points in elective units of study.
Foundational unit of study
INFS5001 Project Management	6	N INFS6014	Semester 1 Semester 2 Summer Early
Elective units of study
INFS6001 Managing Information and Systems	6		Semester 1 Semester 2
INFS6002 Strategic Information Systems Management	6		Semester 1
INFS6004 Information Systems Change Management	6		Semester 1
INFS6012 Business Process Integration	6		Semester 1
INFS6013 Information Risk, Governance & Assurance	6		Semester 2
INFS6015 Business Process Management	6		Semester 2
INFS6016 Technology Enabled Business Innovation	6		Semester 2
INFS6017 Strategic Information & Knowledge Mgmt	6		Semester 2
INFS6018 Managing Business Intelligence	6		Semester 1
INFS6020 BIS Innovation, Transformation & Change	6	A INFS5000 or INFS6001 P 24 credit points in INFS units are required in order to enrol in this unit of study Note: Department permission required for enrolment Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.	Semester 1 Semester 2
INFS6101 Information Systems Research A	6	Note: Department permission required for enrolment Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.	Semester 1 Semester 2
INFS6106 Information Systems Research B	6	P INFS6101 Note: Department permission required for enrolment Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.	Semester 1 Semester 2
Business Law
To be awarded a specialisation in Business Law, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: CLAW5001;
(ii) a six credit point compulsory unit of study: CLAW6002; and
(iii) 18 credit points in elective units of study.
Foundational unit of study
CLAW5001 Legal Environment of Business	6		Semester 1 Semester 2
Compulsory unit of study
CLAW6002 Corporate Structures in Practice	6	P CLAW5001	Semester 1 Semester 2
Elective units of study
CLAW6005 Regulation of Capital Markets	6	P CLAW5001, CLAW6002	Semester 1
CLAW6007 Issues in Law and International Business	6	P CLAW5001	Semester 2
CLAW6026 Taxation Law and Practice	6	P CLAW5001 N CLAW5002	Semester 1 Semester 2
CLAW6028 Corporate Governance, Law and Ethics	6	P CLAW5001 N ECOF6110, WORK6033	Semester 2
CLAW6030 China's Legal Environment for Business	6		Semester 1
CLAW6031 International Financial Crime	6		Semester 2
CLAW6032 Regulating Innovation and Distribution	6		Semester 1
Finance
To be awarded a specialisation in Finance, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: FINC5001;
(ii) a six credit point compulsory unit of study: FINC6001; and
(iii) 18 credit points in elective units of study.
Foundational unit of study
FINC5001 Capital Markets and Corporate Finance	6		Semester 1 Semester 2
Compulsory unit of study
FINC6001 Intermediate Corporate Finance	6	P FINC5001	Semester 1 Semester 2
Elective units of study
CLAW6031 International Financial Crime	6		Semester 2
FINC6000 Quantitative Finance	6	A This unit requires students to have some background in calculus, matrix, statistics and probability. P FINC5001 N FINC5002	Semester 1 Semester 2
FINC6003 Broking and Market Making	6	P FINC5001 or FINC5002 or FINC6000	Semester 2
FINC6005 Advanced Asset Pricing	6	P FINC5001 or FINC5002 or FINC6000	Semester 1
FINC6007 Financial Strategy	6	P FINC5001	Semester 2
FINC6009 Portfolio Theory and its Applications	6	P FINC5001 or FINC5002 or FINC6000	Semester 2
FINC6010 Derivative Securities	6	C FINC5001	Semester 1 Semester 2 Summer Early
FINC6013 International Business Finance	6	P FINC5001	Semester 1
FINC6014 Fixed Income Securities	6	P FINC5001	Semester 2
FINC6015 Global Trading	6	P FINC5001	Semester 2
FINC6016 Financial Instruments and Markets	6		Semester 2
FINC6017 Mergers and Acquisitions	6	P FINC5001 N ACCT6011	Semester 1
FINC6019 Financial Modelling	6	P FINC5002 or FINC6000	Semester 1 Semester 2
FINC6021 Corporate Valuation	6	P FINC5001	Semester 1 Semester 2
FINC6022 Behavioural Finance	6	P FINC5001	Semester 1 Semester 2
FINC6023 Financial Risk Management	6	P FINC5001	Semester 1
International Business
To be awarded a specialisation in International Business, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: IBUS5001;
(ii) 12 credit points in compulsory units of study: IBUS6001 and IBUS6002; and
(iii)12 credit points in elective unit of study.
Foundational unit of study
IBUS5001 Strategy, Innovation and Global Business	6		Semester 1 Semester 2
Compulsory units of study
IBUS6001 International Business Strategy	6		Semester 1 Semester 2 Summer Late
IBUS6002 Cross-Cultural Management	6	Note: Department permission required for enrolmentin the following sessions:Semester 1,	Semester 1 Semester 2 Summer Main
Elective units of study
ACCT6002 International Accounting	6	A ACCT6001 P ACCT5001 This unit of study is being run by the Discipline of International Business. All enquiries should be directed to the Discipline of International Business.	Semester 2 Summer Early Winter Main
CLAW6007 Issues in Law and International Business	6	P CLAW5001	Semester 2
CLAW6030 China's Legal Environment for Business	6		Semester 1
FINC6013 International Business Finance	6	P FINC5001	Semester 1
IBUS6003 Managing International Risk	6		Semester 1 Summer Early
IBUS6004 International Business Alliances	6	C IBUS6001	Semester 2
IBUS6005 Ethical International Business Decisions	6		Semester 1
IBUS6006 Comparative International Management	6		Semester 2
IBUS6008 Export Management	6	P IBUS6001	Semester 2
IBUS6012 Business Growth and Innovation	6	A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points	Semester 2
IBUS6019 Strategy and Emerging Markets	6		Semester 1
MKTG6013 International and Global Marketing	6	P MKTG5001	Semester 1 Semester 2
Logistics and Supply Chain Management
To be awarded a specialisation in Supply Chain and Logistics Management, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: TPTM5001;
(ii) 12 credit points in compulsory unit of study: TPTM6115 and TPTM6170; and
(iii) 12 credit points in elective units of study.
Foundational unit of study
TPTM5001 Logistics and Supply Chain Management	6	N TPTM6155 This is the foundation unit for all logistics and supply chain management programs and should be completed in the first period of study. Students demonstrating extensive practical experience in the logistics industry may apply for a waiver from TPTM5001 Logistics and Supply Chain Management. This allows another Logistics Management unit of study to be substituted for TPTM5001. Students should send their resume with a covering email outlining their experience to the Postgraduate Coordinator for Logistics Management, Professor David Walters david.walters@sydney.edu.au	Semester 1 Semester 2
Compulsory units of study
TPTM6115 Organisational Logistics	6		Semester 1 Semester 2
TPTM6170 Value Chain Management	6	P TPTM5001 or TPTM6155 This is the capstone unit for the Graduate Diploma and Master in Logistics Management programs and should be completed in the last period of study.	Semester 1 Semester 2
Elective units of study
TPTM6130 Transport and Logistics Strategy	6		Semester 1
TPTM6160 Aviation Management and Logistics	6		Semester 2
TPTM6180 Geographical Information Systems	6	A This unit assumes no prior knowledge of GIS; the unit is hands-on involving the use of software, which students will be trained in using.	Semester 2
TPTM6190 Logistics Systems	6	P TPTM6495 C TPTM6155 or TPTM5001	Semester 1 Semester 2
TPTM6200 Maritime Logistics	6	C TPTM6155 or TPTM5001	Semester 1
TPTM6210 Reverse Logistics and Closed Loop SCM	6		Winter Main
TPTM6224 Intelligent Transport & Logistic Systems	6	A General awareness of internet, ICT and project management processes.	Semester 2
TPTM6260 International Logistics	6		Semester 1 Semester 2
TPTM6310 Project Management in Supply Chains	6	C (TPTM5001 or TPTM6155) and TPTM6495	Semester 2
TPTM6380 Retail Logistics Management	6	P TPTM6155 or TPTM5001	Summer Main
TPTM6390 Logistics in Humanitarian Aid Projects	6		Semester 1
TPTM6440 International Freight Transportation	6	A Work experience in or familiarity with the airline, airfreight, express or shipping business, as well as an understanding of international trade and economics helpful.	Summer Main
TPTM6470 Sustainable Transport & Logistic Systems	6		Semester 1
TPTM6495 Analysis Tools for Transport & Logistics	6	A Basic familiarity with MS Excel and a degree of mathematical competency.	Semester 1 Semester 2
Management and Organisations
To be awarded a specialisation in Management and Organisations, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: WORK5003;
(ii) a six credit point compulsory unit of study: WORK6130; and
(ii) 18 credit points in elective units of study.
Foundational unit of study
WORK5003 Management and Organisations	6		Semester 1 Semester 2
Compulsory unit of study
WORK6130 Leadership in Organisations	6	N ECOF5807, ECOF6090	Semester 1 Semester 2
Elective units of study
WORK6017 Human Resource Strategies	6		Semester 1 Semester 2
WORK6018 International Industrial Relations	6		Semester 1a
WORK6026 Organisational Change and Development	6		Semester 2
WORK6108 International Dimensions of HRM	6		Semester 2b
WORK6115 Managing Diversity at Work	6		Semester 1a
WORK6118 Managing Communication in Organisations	6	N ECOF6030, ECOF6040	Semester 1
Marketing
To be awarded a specialisation in Marketing, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: MKTG5001;
(ii) a six credit point compulsory unit of study: MKTG6007; and
(iii) 18 credit points in elective units of study.
Foundational unit of study
MKTG5001 Marketing Principles	6		Semester 1 Semester 2
Compulsory unit of study
MKTG6007 Consumer Behaviour	6	P MKTG5001	Semester 1 Semester 2
Elective units of study
CLAW6032 Regulating Innovation and Distribution	6		Semester 1
MKTG6001 Marketing Research Concepts	6	P MKTG5001	Semester 2
MKTG6003 Marketing Strategy	6	P MKTG5001	Semester 2
MKTG6004 New Product Development	6	P MKTG5001	Semester 1 Semester 2
MKTG6005 Marketing Communications	6	P MKTG5001	Semester 1
MKTG6006 Creative Communications in Marketing	6	P MKTG5001	Semester 2a
MKTG6013 International and Global Marketing	6	P MKTG5001	Semester 1 Semester 2
MKTG6016 Brand Management	6	P MKTG5001	Semester 1
MKTG6020 Business Marketing	6	P MKTG5001	Semester 1a
MKTG6103 Services Marketing	6	P MKTG5001	Semester 2
MKTG6104 The Psychology of Business Decisions	6	N MKTG5002	Semester 1
Project Management
To be awarded a specialisation in Project Management, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: INFS5001; and
(ii) 24 credit points in elective units of study.
Foundational unit of study
INFS5001 Project Management	6	N INFS6014	Semester 1 Semester 2 Summer Early
Elective units of study
IBUS6002 Cross-Cultural Management	6	Note: Department permission required for enrolmentin the following sessions:Semester 1,	Semester 1 Semester 2 Summer Main
INFS6030 Project Management in Practice	6	P INFS5001 Note: Department permission required for enrolment Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.	Semester 1 Semester 2
MKTG6004 New Product Development	6	P MKTG5001	Semester 1 Semester 2
QBUS6320 Management Decision Making	6	N ECMT6510, ECOF5804, ECMT5003, ECOF6070	Semester 1
TPTM6260 International Logistics	6		Semester 1 Semester 2
WORK6118 Managing Communication in Organisations	6	N ECOF6030, ECOF6040	Semester 1
Quantitative Business Analysis
To be awarded a specialisation in Quantitative Business Analysis, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: QBUS5001; and
(ii) 24 credit points in elective units of study.
Foundational unit of study
QBUS5001 Quantitative Methods for Business	6	N ECMT5001	Semester 1 Semester 2
Elective units of study
QBUS6310 Business Operations Analysis	6	P ECMT5001 or QBUS5001 N ECMT6008	Semester 2
QBUS6320 Management Decision Making	6	N ECMT6510, ECOF5804, ECMT5003, ECOF6070	Semester 1
QBUS6810 Statistical Learning and Data Mining	6	P ECMT5001 or QBUS5001	Semester 1
QBUS6820 Business Risk Management	6	P ECMT5001 or QBUS5001	Semester 2
QBUS6830 Financial Time Series and Forecasting	6	P ECMT5001 or QBUS5001	Semester 1
Quantitative Finance
To be awarded a specialisation in Quantitative Finance, students complete 36 credit points, comprising:
(i) 12 credit points in foundational units of study: FINC5001 and QBUS5001;
(ii) 12 credit points in compulsory units of study: FINC6000 and QBUS6830; and
(ii) 12 credit points in elective units of study.
Foundational units of study
FINC5001 Capital Markets and Corporate Finance	6		Semester 1 Semester 2
QBUS5001 Quantitative Methods for Business	6	N ECMT5001	Semester 1 Semester 2
Compulsory units of study
FINC6000 Quantitative Finance	6	A This unit requires students to have some background in calculus, matrix, statistics and probability. P FINC5001 N FINC5002	Semester 1 Semester 2
QBUS6830 Financial Time Series and Forecasting	6	P ECMT5001 or QBUS5001	Semester 1
Elective units of study
FINC6005 Advanced Asset Pricing	6	P FINC5001 or FINC5002 or FINC6000	Semester 1
FINC6009 Portfolio Theory and its Applications	6	P FINC5001 or FINC5002 or FINC6000	Semester 2
FINC6010 Derivative Securities	6	C FINC5001	Semester 1 Semester 2 Summer Early
FINC6014 Fixed Income Securities	6	P FINC5001	Semester 2
FINC6023 Financial Risk Management	6	P FINC5001	Semester 1
Strategy and Innovation
To be awarded a specialisation in Strategy and Innovation, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: IBUS5001 or WORK5003; and
(ii) 24 credit points in elective units of study.
Foundational units of study
Students may complete either IBUS5001 or WORK5003 as the foundational unit for this specialisation.
IBUS5001 Strategy, Innovation and Global Business	6		Semester 1 Semester 2
WORK5003 Management and Organisations	6		Semester 1 Semester 2
Elective units of study
CLAW6032 Regulating Innovation and Distribution	6		Semester 1
IBUS6011 New Business Opportunities and Startups	6	A IBUS5001, WORK5003 or completion of at least 24 credit points N WORK6112, IBUS5011	Semester 1 Semester 2
IBUS6012 Business Growth and Innovation	6	A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points	Semester 2
IBUS6013 Business Restructuring and Renewal	6	A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points	Semester 2
IBUS6014 Intellectual Property Management	6	A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points	Semester 1
IBUS6016 Social Entrepreneurship	6	A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points	Semester 1
IBUS6017 Enterprise and the Creative Industries	6	A IBUS5011, IBUS5001 or WORK5003 or completion of at least 24 credit points	Semester 2
WORK6026 Organisational Change and Development	6		Semester 2
WORK6111 Management Consulting	6		Semester 2
WORK6119 The Innovative Firm	6		Semester 1a
School of Economics specialisation subject areas
Econometrics
To be awarded a specialisation in Econometrics, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: ECMT5001;
(ii) a six credit point compulsory unit of study: ECMT6002; and
(ii) 18 credit points in elective units of study.
Foundational unit of study
ECMT5001 Principles of Econometrics	6		Semester 1 Semester 2
Compulsory unit of study
ECMT6002 Econometric Applications	6	P ECMT5001 N ECMT5002	Semester 1 Semester 2
Elective units of study
ECMT6003 Applied Business Forecasting	6	P ECMT5001	Semester 2
ECMT6006 Applied Financial Econometrics	6	P ECMT5001	Semester 1
ECMT6007 Analysis of Panel Data	6	P ECMT5001	Semester 1
Economics
To be awarded a specialisation in Economics, students complete 30 credit points, comprising:
(i) a six credit point foundational unit of study: ECON5001;
(ii) a six credit point compulsory unit of study: ECON5002; and
(ii) 18 credit points in elective units of study.
Foundational unit of study
ECON5001 Microeconomic Theory	6	N ECON5003, ECON5000	Semester 1 Semester 2 Summer Main
Compulsory unit of study
ECON5002 Macroeconomic Theory	6	N ECON5003	Semester 1 Semester 2 Summer Main
Elective units of study
ECON6006 Market Structure and Strategic Behaviour	6	P ECON5001 or ECOF5806 or ECOF6080	Semester 2
ECON6008 International Money and Finance	6	P ECON5002	Semester 2
ECON6009 Economics of the Labour Market	6	P ECON5001 and ECON5002	Semester 2
ECON6010 Public Economics	6	P ECON5001 and ECON5002	Semester 2
ECON6016 Trade and Development	6	P ECON5001 or ECON5002	Semester 2
ECON6018 Environmental Economics	6	P ECON5001 or ECON5002	Semester 1
ECON6021 Financial Economics	6	P ECON5001 and ECON5002	Semester 2
ECON6023 International Trade	6	P ECON5001	Semester 2
ECON6024 Private Equity	6	P ECON5001 or ECOF5806 or ECOF6080	Semester 1
ECON6025 Strategic Decision Making	6	P ECON5001 or ECOF5806 or ECOF6080	Semester 1
ECON6026 Strategic Business Relationships	6	N ECOF5802, ECOF6050	Semester 1
ECON6027 Experimental Economics	6	A ECMT5001 P ECON5001	Semester 2
ECON6101 Special Topic in Economics	6	P ECON5001 and ECON5002 Note: Department permission required for enrolment Students must seek written permission from the School of Economics Postgraduate Coordinator to enrol in this unit.	Semester 1 Semester 2
Elective unit of study for students completing professional accounting accreditation
Note. This unit does not count towards an Economics specialisation.
ECON5003 Economics for Accountants	6	N ECON5001, ECON5002 This unit of study is ONLY available to students enrolled in the Master of Professional Accounting and Master of Commerce degrees.	Semester 1 Semester 2 Summer Main
Master of Commerce internship unit of study
BUSS6500 Commerce Internship	6	P 4 units with a WAM of 75%+ N ECOF6500, ECOF6501, ECOF6502, BUSS6501, BUSS6502 Note: Department permission required for enrolment	Int February Semester 1 Semester 2
International Exchange Program units of study
This units are only available to students participating in the International Exchange Program.
BUSS6106 International Exchange Program	6	Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS6206 International Exchange Program	6	Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS6112 International Exchange Program	12	Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS6212 International Exchange Program	12	Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS6118 International Exchange Program	18	Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS6218 International Exchange Program	18	Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS6124 International Exchange Program	24	Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS6224 International Exchange Program	24	Note: Department permission required for enrolment	Semester 1 Semester 2

2. Postgraduate unit of study descriptions: Commerce coursework programs

Please note: The following unit of study descriptions are listed alphanumerically by unit code and not by specialisation subject area.

ACCT5001 Accounting Principles

Credit points: 6 Session: Classes: 1 x 3hr class per week Assessment: Mid-semester examination (25%); Final examination (55%); Individual and/or Group assignment (20%)

This unit provides an introduction to the generally accepted accounting principles and practices underlying financial accounting and reporting. It is intended for both accounting and non-accounting majors. The unit aims to introduce students to the concepts and skills required to prepare, analyse, and interpret financial statements.

ACCT5002 Managerial Accounting & Decision Making

Credit points: 6 Session: Classes: 1 x 3hr class per week Assessment: Weekly in-class feedback of progressive performance in the development of concept and technique knowledge and its application and business practicals (50%); Final Examination (50%)

The unit introduces students to the context and processes of management accounting, considering the role of management accounting technologies in creating stakeholder value through financial resource management. Critical business career skills of problem-solving, communication and negotiation are enhanced through the application of management accounting techniques to organisational resourcing issues in their competitive and ethical context. It is argued that management accountants support and inform the ways in which organisational resources are committed to various portfolios, projects, and possible futures, given the crafting of an organisation's relationship with its environment. The external and internal environments of management accounting are considered in framing managerial decisions and strategy. The main categories of resources available to shape an organisation's strategy and financial performance will be examined (including those acquired through strategic alliances and outsourcing), along with various management accounting technologies accounting for the combination, allocation and performance of these resources.

ACCT6001 Intermediate Financial Reporting

Credit points: 6 Session: Classes: 1 x 3hr class per week Assessment: Mid-semester Test (35%), Final Examination (50%), Assignment (15%)

This unit is intended to provide an understanding of the contemporary Australian financial reporting environment. Particular attention is paid to accounting theory and concepts, mandatory reporting practices and reporting policies that reflect either a choice from among several mandated alternatives, or those areas where regulation has not occurred. The unit is intended for those who will be involved in the preparation or use of company financial statements. The unit provides an understanding of accounting techniques, both in terms of technical method and their relative impact on corporation's financial statements. The emphasis throughout is on both the 'techniques' and the related explanations for their use.

ACCT6002 International Accounting

Credit points: 6 Session: Classes: Intensive - Summer and Winter School sessions Assessment: Workshop activities (15%); Group assignment (25%); Final examination (60%)

Note: This unit of study is being run by the Discipline of International Business. All enquiries should be directed to the Discipline of International Business.

Many of the topics in an international accounting course have a domestic counterpart. However, new factors and complications arise in the international arena. Some of these are (1) diversity of laws, practices, customs, cultures, and competitive circumstances; and (2) risks associated with fluctuating exchange rates, differential rates of inflation, and unstable property rights. International accounting discusses issues from the perspective of companies that have internationalised their finance and/or their operations. It has a comparative aspect, comparing accounting across countries. It deals with corporate reporting and disclosure across national boundaries. It also deals with the harmonization of the worldwide diversity in financial reporting, in particular, convergence around International Financial Reporting Standards. It discusses foreign currency translation, a consolidations issue that arises from multinational operations. Finally, it aims to introduce the key issues relevant for undertaking cross-border analysis of financial statements.

ACCT6003 Financial Statement Analysis

Credit points: 6 Session: Classes: 1 x 3hr class per week Assessment: Group case studies (25%); Mid-semester examination (20%); Final examination (55%)

This unit helps students to develop an understanding of the techniques of financial statement analysis in various contexts, for example: equity investment; credit evaluation; risk analysis; prediction of corporate failure; analysis of supplier/customer health; competitor analysis; regulatory overview or intervention; and valuation for takeover/restructuring. A primary purpose of this unit is to develop an understanding of these techniques, as well as the inherent difficulties in their application. Topics covered include analysis of business performance and disclosure, the analysis of earnings quality, cash flow assessment, credit worthiness and accounting-based valuation methods.

ACCT6005 Management Control Systems

Credit points: 6 Session: Classes: 1 x 3hr class per week Assessment: Continuous assessment (40%); essay (30%); final examination (30%)

This unit of study examines the design and operation of 'management control systems' (MCS), considering also the role of management accounting technologies in this. In doing so, a variety of research-based readings and theoretical frames are mobilised to help understand this important facet of organisational functioning and application of management accounting work. Topics to be covered include: typologies of MCS; arguments relating to the fit and effectiveness of MCS; the connection between strategy and MCS; the role of performance measures in MCS; MCS and hybrid organisational spaces; MCS and the management of intellectual capital; MCS and the New Economy; and the evolution of MCS.

ACCT6007 Contemporary Issues in Auditing

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Mid Semester examination (15%); Individual assignment (10%); Group assignment (20%); Final examination (55%)

This unit seeks to improve students' understanding of the function, nature and procedures of commercial auditing in the context of corporate financial reporting. It has particular regard to the business, legal and economic foundations than underpin the audit process. Recurrent reference is made to practical and policy matters of contemporary importance to auditing and auditors, especially as they relate to the function of auditing in ensuring the quality of corporate financial statements and the role of auditors in corporate governance. Matters related to modern cases like Enron, HIH, One.Tel, Parmalat, China Aviation Oil and ABC Learning are also discussed.

ACCT6010 Advanced Financial Reporting

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Case studies (25%); Mid-semester examination (25%); Final examination (50%).

This unit is intended to provide students with a detailed understanding of more complex financial reporting issues. The topics examined include: group accounting issues such as the practical application of the control test; multiple subsidiaries; foreign currency translation; consolidated cash flow reporting; segment reporting; accounting for joint arrangements and associates; and related party disclosures. The unit builds on the knowledge base acquired from earlier accounting units with a strong emphasis on the application of technical skills. The unit has a substantial case component, using current examples to illustrate both appropriate technical solutions in accordance with accounting standards and guidelines, as well as the forces which determine the choice of methods. The course will help develop students' ability to read and analyse financial reports and to understand the financial statement implications of management decisions relating to organisational structure, investment and financing.

ACCT6014 Designing Accounting Systems

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Individual and team projects (50%); Final examination (50%).

This unit introduces students to the concepts, challenges and approaches associated with the evaluation, design, introduction, operation and improvement of accounting systems and reflect the differences in the needs of family-owned business, small and medium sized enterprise and multi-national business firms. Elements of those systems include methods of documenting transactions and events; internal control procedures designed to safeguard human physical and financial resources; manual, semi-automated or fully automated source data entry, transaction processing methods and financial and non-financial reports on operational activities. These issues are also considered with regard to the capabilities of contemporary industry-standard accounting and business application software such as spreadsheets, MYOB and SAP in a cost-effective and secure manner. Topics include the design of charts of accounts; in solutions context; internal controls and maintaining audit trails, records management; the identification of requirements and the use of selection criteria for the evaluation, introduction, configuration and operation of packaged accounting software solutions. It provides students with the hands-on skills in the design and implementation of an accounting system to a real-world medium sized organisation using an industry standard accounting software solution by integrating concepts, approaches, commercial realities and capabilities of contemporary enterprise resource planning systems. At the commencement, students are provided with review of business frameworks including cycles, systems, source documents and recording transactions which act as a common starting point on which the unit builds.

ACCT6015 Extended Performance Reporting

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Group Presentation (20%); Individual projects (40%); Final examination (40%)

This unit will review the issues associated with sustainability reporting models which have been practised in the last decade and highlight current and possible future issues. These new reporting models claim to enhance understanding of organisational performance to a variety of stakeholders, and are based on new performance measurement technologies that arguably improve decision making. This unit of study is designed to provide a critical analysis of the issues surrounding organisation performance and will explore the key underlying issues associated with the emergence of these new reporting models. The unit will look at how the reporting of economic and non-economic performance will enable private, public and third sector organisations to provide an account of their value creation and sustainability performance. It will also explore the perspectives of significant bodies of research on reporting value-creating activities and non-economic performance.

ACCT6120 Corporate Governance and Accountability

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Class presentation (20%) Assignment (30%) Final exam (50%)

This unit seeks to develop students' ability to understand and critically evaluate systems of corporate governance. It will introduce students to the roles of key institutions through which governance is effected; boards of directors and the work of their sub-committees, investors and pension funds, analysts, regulators and the media. The course will also introduce students to conceptual frameworks through which corporate governance has been studied. Topics include, governance structures - an international perspective; governance arrangements and external and internal stakeholders. Japanese and European systems; governance in Asia; western governance - legal framework; control of the modern corporation; operations of a Board; role of board sub-committees; Boards and the development or endorsement of strategies; measuring and rewarding performance; corporate governance and financial reporting; corporate governance and the audit process.

BANK6002 Bank Management

Credit points: 6 Session: Classes: Three hours of seminars per week Assessment: Mid session exam (25%); Group Assignment (25%); Final examination (50%)

The unifying theme in this subject is the application of modern finance theory to financial decision making in the management of banks and non-bank financial institutions. The subject of bank and financial incitation decision-making is approached from a risk perspective. The course objectives are: (i) To provide students with an understanding of the modern model of financial institutions; (ii) Identify the main types of risk confronted by financial institutions; (iii) Apply relevant techniques to measure and manage those risks; (iv) To provide students with an understanding of international bank management; (v) To provide students with an understanding of international financial services.

BANK6003 Global Supervision of Bank Risks

Credit points: 6 Session: Classes: Three hours of seminars per week Assessment: Mid-Semester Exam (30%), Group Project & Presentation (25%), Final Exam (45%)

This course is aimed at students who wish to obtain a greater understanding of the central issues and principles underpinning recent developments in the global regulation and supervision of banking/financial institutions.

BANK6005 International Banking

Credit points: 6 Session: Classes: 1x 2hr lecture and 1x 1hr workshop per week Assessment: Mid-term 2.5 hr exam (45%), Final 2.5 hr exam (45%), Workshop presentations (10%) OR Mid-term 2.5 hr exam (35%), Final 2.5 hr exam (35%), Research project (20%), Workshop presentations (10%).

The major focus of this unit of study is in providing students with an understanding of international banking and finance in the contemporary international financial environment. Due to the dynamic nature of the international banking environment, it is necessary to develop skills to effectively identify and understand the effects of current developments. Firstly, the international banking functions are presented; followed by international trade financing, participation in the interbank foreign exchange and Euro currency markets, international investment banking services, and sovereign lending. In addition, other important topics are presented: international money laundering, international banking and debt crises, and offshore banking markets.

BUSS5000 Critical Thinking in Business

Credit points: 6 Session: Classes: 1x1 hr lecture and 1x2 hour workshop per week Assessment: Reflective journal (20%); critical analysis (25%); poster presentation (25%); peer review (10%); class participation (20%)

Autonomous and constructive critical thinking is central to effective data interpretation, problem-solving and other key aspects of contemporary business practice. Students who take this unit develop high level critical thinking capabilities; skills that are essential to effective postgraduate study in business disciplines and to success in the world of business, whatever the specialisation involved. Students engage with theoretical frameworks and concepts in order to practise Socratic methods of questioning and argument. Weekly classes are organised around a progressive series of learning activities. These focus on analysis, reflection, interrogation and ethical, reasoned evaluation of arguments and ideas and the production of appropriate written and spoken responses.

BUSS6000 Succeeding in Business

Credit points: 6 Session: Classes: 1x 1.5hr lecture and 1x 1.5hr seminar/workshop per week Assessment: Individual assignment (30%); Business negotiation exercise (20%); Business development project presentation and report (50%).

This program-wide capstone unit must be taken by each Master of Commerce student in their final semester of study within the commerce program. Students will work collaboratively with peers and expert advisors to integrate the discipline-specific knowledge acquired within their specialisation/s to address a 'real world' business development challenge requiring cross-disciplinary and cross-functional insights, knowledge and skills. Assessment is designed to assure student proficiency in commerce program learning goals. Students will work in self-managing cross-functional teams to complete a semester-long project, prepare individual and group reports that will be assessed by peers, academic staff and industry experts. Weekly seminars will include action learning in business innovation and start-up, firm failure and turn-around, quantitative and qualitative data analysis, strategic decision-making, change management, business communication, and ethical awareness and reasoning in business practice. Learning activities will include short case studies and business negotiation role plays.

BUSS6500 Commerce Internship

Credit points: 6 Session: Classes: Preparatory coursework: 4x3 hour sessions in weeks 1, 2, 12 & 13. A minimum of 60hours of unpaid internship per semester with a pre-arranged organisation, preferably occupying one full day per week over 9 weeks. Assessment: Reflective journal (40%), Internship presentation (20%), Internship report (40%)

Note: Department permission required for enrolmentin the following sessions:Int February,Semester 1,Semester 2

This unit will be available to outstanding students completing the Master of Commerce program. It involves a professional placement with a business, government, or non-government organisation arranged by the MCom Program Director. It will include preparatory coursework in reflective, professional practice and report writing. Assessment will include a reflective journal and professional report and presentation based on the internship placement.

BUSS6106 International Exchange Program

Credit points: 6 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

BUSS6206 International Exchange Program

Credit points: 6 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

BUSS6112 International Exchange Program

Credit points: 12 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

BUSS6212 International Exchange Program

Credit points: 12 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

BUSS6118 International Exchange Program

Credit points: 18 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

BUSS6218 International Exchange Program

Credit points: 18 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

BUSS6124 International Exchange Program

Credit points: 24 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

BUSS6224 International Exchange Program

Credit points: 24 Session:

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

This unit is recognition for student participation in the International Exchange program.

CLAW5001 Legal Environment of Business

Credit points: 6 Session: Classes: Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops. Assessment: Case analysis (15%), Tests (25%), Final examination (60%)

All business conduct is regulated by the law. Every transaction and every relationship is governed by an increasingly complex mix of statutory and judge-made laws. The ability to identify and manage legal risks, and knowledge of compliance and dispute resolution strategies, are essential business management skills. This unit examines the legal framework and regulatory regime within which all businesses operate in Australia and in a global economy. It introduces students to the legal implications of commercial conduct and provides an overview of the Australian legal system and threshold legal concepts of agreement, ownership, and civil and criminal liability. Key areas of substantive business law are examined including contracts, torts (in particular negligence and the economic torts), property and securities, and crime. The unit also provides students with an overview of areas of legal regulation with an increasingly significant impact on business operations including: privacy, intelectual property rights, competition law, consumer law (in particular advertising regulation, product liability and unfair contracts), misleading conduct and unconscionable conduct.

CLAW6002 Corporate Structures in Practice

Credit points: 6 Session: Classes: One three hour class per week which may include one or more of the following: lectures; seminars; tutorials or workshops. Assessment: Mid-semester exam (40%); Final Exam (60%)

The corporation is the dominant structure adopted for business undertakings globally. This unit aims to demystify corporate regulation and its impact in the contemporary commercial context with a view to introducing students to the types of issues they will encounter in the real world of corporations. The unit reviews business structures (joint ventures, partnerships, trusts and companies) from a business perspective with a focus on the corporate form. The unit also examines the different options available for the conduct of businesses and the different stages of the corporate life cycle, including: how corporations are brought into existence and the characteristics attained upon incorporation; how corporations undertake certain activities (including entry into contracts, fundraising, issuing shares, paying dividends); how corporations are managend and power is distributed between participants, how the law places certain duties and obligations upon those who manage corporations; the consequences which may result from any breach of those duties and obligations; and managing corporations in financial distress, liquidation and de-registration. It takes an application-based approach which gives the unit a practical as opposed to theoretical orientation. Curren issues in corporate regulation in Australia and internationally are discussed to provide students with an understanding of the types of issues which confront different types of corporations, and how these issues impact upon their management and the discharge of corporate responsibility.

CLAW6005 Regulation of Capital Markets

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid-semester exam (20%), take home or research paper (30%), Final exam (50%)

This unit examines the regulation of capital markets and the legal aspects of debt and equity capital raising. Particular topics include: the role and relevant powers of the Australian Securities and Investments Commissions; the functions of the Australia Stock Exchange and the ASX listing rules; the structures, institutions and participants in capital markets; fundraising disclosure and transparency; insider trading and other prohibitions of market misconduct; powers of investigation and enforcement; derivative products and regulation; and legal aspects of securitisation.

CLAW6007 Issues in Law and International Business

Credit points: 6 Session: Classes: One 3 hour class per week which may include one or more of the following: lectures; seminars; tutorials or workshops. Assessment: Mid-semester examination (35%); Group case study (30%); Final examination (35%)

Globalisation enables successful businesses to tap into the international economy to find new and bigger markets for their goods and services. Entering the global marketplace also means greater risk, as businesses deal with new customers, and are forced to operate in unfamiliar legal environments where the "normal" rules of business often don't apply. This unit is aimed at providing students with an understanding of how the global economy is regulated (if at all), and to provide the tools needed to use international business law to minimise the risks of doing business in the global economy. Questions the unit addresses include: What is international business law and what do I need to know?; What institutions ensure a level playing field for my business?; How do I make an agreement to sell my goods to foreign customers?; How do I protect those goods in transit?; How do I ensure payment for goods and services I provide?; How do I build a presence in a foreign market through local agents and distributors?; What considerations apply to entering and borrowing from foreign capital markets?; How can I safely do business online in the global virtual economy?; What if things go wrong?; and How do I fight foreign disputes by my rules and in my court?

CLAW6026 Taxation Law and Practice

Credit points: 6 Session: Classes: One 3 hour class per week which may include one or more of the following: lectures; seminars; tutorials or workshops. Assessment: Mid-semester exam (20%); Major assignment (30%); Class performance (10%); Final exam (40%)

Taxation is an inevitable reality for all individuals and businesses. The impact of taxation on business structures, transactions and decisions is both real and significant. An understanding of how taxation law works is not only vitally important for professional accountants but is also an essential management skill in an increasingly complex business environment. This unit introduces students to the principal forms of taxation within the Australian taxation system with a focus on concepts and principles of income tax law. Students will also learn how tax law is applied in practice. This unit covers key concepts of taxation in Australia (including the concepts of income, capital gains tax, deductions, and the residence and source principles) and examines the taxation of different entities (including partnerships, trusts and companies). The taxation of international business transactions is also considered.

CLAW6030 China's Legal Environment for Business

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Take home mid-term exam (35%), Proposal and presentation (15%), Research paper (50%).

China has recently become the second biggest economy in the world and is Australia's most important trading partner. Australian businesses are increasingly engaging with China. This Unit of Study addresses the frequently asked question of how to do business with China. It addresses China's unique business environment which has resulted from its unique culture, history and demography, and examines the business regulations, tax system, and the administrative and compliance issues businesses will face when carrying on business with China. The Unit first outlines the business environment in terms of culture, history, economics, demography, and government administration. It then provides students with an understanding of the legal environment that businesses will face in China. Through a hypothetical case study, different aspects of business regulation such as contract, entity structure, mergers and acquisition, property and intellectual property rights, the tax system, different tax types and associated international issues, and social insurance are analysed.

CLAW6031 International Financial Crime

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Individual assignment (30%), Group assignment (20%), Final exam (50%)

International financial crime occupies a leading place on the international governance agenda. It has a devastating impact on national economies, international security and human development. This unit will examine key international financial crimes such as investment fraud, corruption, tax evasion, money laundering and terrorist financing. Students will gain an understanding of how these crimes are committed, detected and prosecuted. They will analyse the changing regulatory environment and the new risks facing businesses and the professions. The role of bank secrecy and tax havens in facilitating financial crime will also be studied. There will be a special focus on the prevention of financial crime, and the regime for tracing, freezing and recovery of illicit assets. The unit will draw on case studies from Australia, United States, Europe and Asia so as to gain a better appreciation of the national and international responses to international financial crime.

CLAW6032 Regulating Innovation and Distribution

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Class participation and engagement (20%); Individual assignment (30%); Group assignment: Presentation (20%), Research paper (30%)

Business today operates in an increasingly complex and constantly changing environment in which success depends on the ability to innovate and compete. This unit of study examines three key legal frameworks - intellectual property, fair trading and competition law - within which innovation and contestability in markets takes place. Intellectual property regulation seeks to promote invention and creativity and to discourage imitation and free riding. Fair trading regulation provides standards of conduct for B2B and B2C transactions. Competition law promotes fair markets by prohibiting practices which damage competition. The unit focuses on franchising as a business model, to provide the context to examine how these regulatory frameworks operate and interact in a commercial environment.

ECMT5001 Principles of Econometrics

Credit points: 6 Session: Classes: 1x3-hr lecture/week, 1x1-hr (non compulsory) tutorial/week Assessment: quizzes (10%), group assignment (15%), mid-semester test (20%) and 1x2hr final exam (55%)

The unit develops the basic principles of data description and analysis, the idea of using the concept of probability to model data generation, and the statistical concepts of estimation and statistical inference, including hypothesis testing. It then develops these concepts and techniques in the context of the linear regression model to show how econometric models can be used to analyse data in a wide range of potential areas of application in economics, business and the social sciences. The unit combines theory and application. The emphasis is upon the interpretation of econometric estimation results and requires software for hands-on experience.

ECMT6002 Econometric Applications

Credit points: 6 Session: Classes: 1x3-hr lecture/week Assessment: group project (25%), mid-semester test (25%) and 1x2hr final exam (50%)

This unit illustrates how econometric methods can be applied to economic data to solve problems that arise in economics and business. Econometric theory provides the techniques needed to quantify the strength and form of relationships between variables. Applied econometrics is concerned with the strategies that need to be employed to use these techniques effectively; to determine which model to specify and whether the data are appropriate. Guidelines for undertaking applied work are discussed. Case studies drawn from economics, marketing, finance, and accounting are also discussed. The unit includes a major econometric modelling project.

ECMT6003 Applied Business Forecasting

Credit points: 6 Session: Classes: 1x3-hr lecture/week Assessment: assignment (30%), mid-semester test (20%) and 1x2.5hr final exam (50%)

This unit aims to provide an introduction to the practice of forecasting in business. Forecasting requires both practical experience in model building and some statistical theory. To blend the theory and practice, many business forecasting examples are discussed. Excel is used to do useful preliminary calculations and plotting. At the end of this unit, students should be able to understand the major techniques of forecasting and be able to intelligently forecast actual business time series using Excel and its extensions. Topics covered include: the aims of forecasting and relation to time series analysis; types of time series; plotting and charting time series; practical examples of forecasting and forecasting issues; growth curve methods; least squares (what you need to know for forecasting); decomposition of time series; elementary exponential smoothing with Excel; serial correlation (and Durbin Watson statistic); applied ARIMA modelling and identifying seasonality and "hidden" periodicities.

ECMT6006 Applied Financial Econometrics

Credit points: 6 Session: Classes: 1x3-hr lecture/week Assessment: assignments (30%), mid-semester test (20%) and 1x2hr final exam (50%)

This unit provides an introduction to some of the widely used econometric models designed for the analysis of financial data, and the procedures used to estimate them. Special emphasis is placed upon empirical work and applied analysis of real market data. The unit deals with topics such as: the statistical nature of financial data; the specification, estimation and testing of assets pricing models; the analysis of high frequency financial data; and the modelling of volatility in financial returns. Throughout the unit, students are encouraged (especially in assignments) to familiarise themselves with financial data and learn how to apply the models to these data.

ECMT6007 Analysis of Panel Data

Credit points: 6 Session: Classes: 1x2-hr lecture/week, 1x1-hr seminar/week Assessment: group assignment (20%), mid-semester test (30%) and 1x2hr final exam (50%)

Recently, empirical research in economics, finance, marketing and accounting has been enriched by the increasing availability of new sources of data, known as panel data. A 'panel' refers to the pooling of observations on a cross section of households, countries, firms etc. over several time periods. Panel data sets possess several major advantages over conventional cross-sectional or time series data sets. This unit aims to offer a comprehensive treatment of the analysis of panel data, which will allow students to deal in a pragmatic way with fundamental issues, such as controlling for individual heterogeneity, reducing collinearity among regressors, addressing statistical hypotheses and identifying effects that are simply not detectable in pure cross-section or time series data.

ECON5001 Microeconomic Theory

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: on-line quizzes (10%) and mid-semester test (35%) and 2.5hr final exam (55%)

This unit presumes no prior exposure to economics and aims, by the end of the unit, to bring a proficiency equivalent to that of students with an intermediate level microeconomics unit in an Honours degree program. Many economic principles developed in this unit are routinely used in several other units in the program. Microeconomics studies how economic agents make choices in a variety of environments. The unit covers theory and applications of the principles of consumer choice, of firm behaviour, and of strategic interaction among economic agents. Equipped with these theories of decision making, students can address a range of interesting and important questions. Examples are: What market strategy should a firm adopt with its competitors? How might one create a market to deal with externalities such as pollution? What are the implications of different kinds of taxes? What compensation scheme will provide the right incentives to work?

ECON5002 Macroeconomic Theory

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: online quizzes (20%), mid-semester test (30%) and 2hr final exam (50%)

This unit presumes no prior exposure to economics and aims, by the end of the unit, to bring a proficiency equivalent to that of students with an intermediate level macroeconomics unit in an Honours degree program. Many economic principles developed in this unit are be routinely used in several other units in the program. Macroeconomics studies aggregate economic behaviour. The unit covers theories of the engines of long-run economic growth, of unemployment, of money, inflation, the interest rate and the exchange rate, as well as consumption, saving and investment behaviour. The unit also studies a number of applications of the theory and addresses contemporary macroeconomic problems and policy.

ECON5003 Economics for Accountants

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: mid-semester test (50%) and 2hr final exam (50%)

Note: This unit of study is ONLY available to students enrolled in the Master of Professional Accounting and Master of Commerce degrees.

The broad aim of this unit is to provide an introduction to economic analysis that is useful in the business world. The unit develops vital microeconomic and macroeconomic principles, using case studies to enhance understanding. Particular emphasis is given to explaining how economic agents make choices in a variety of environments. The unit covers situations where strategic interactions are important and investigates the macro-environment in which businesses operate.

ECON6006 Market Structure and Strategic Behaviour

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: mid-semester test (20%), group presentation (20%), essay (20%) and 2.5hr final exam (40%)

The purpose of this unit is to examine the nature of inter-firm rivalry in industries with market power. The unit begins with an exploration of the various ways in which firms can increase their market power by extracting more surplus from consumers by colluding with rivals or by excluding entrants. The topics for this part of the unit include price discrimination, product differentiation, advertising, research and development, predation and mergers. The unit also attempts to explain the various contractual and ownership linkages that exist between various stages of production. The latter involves a discussion of exclusive territories agreements, resale price maintenance, exclusive dealing, franchising and divisionalisation.

ECON6008 International Money and Finance

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: mid-semester tests (30%) and essay (15%) and 2.5hr final exam (55%)

This unit covers the following topics: overview of the International Monetary System; foreign exchange markets, spot and future markets; swaps and options; arbitrage; covered and uncovered interest parity; exchange rate determination; forecasting exchange rate movements; exchange rate intervention; and the role of central banks.

ECON6009 Economics of the Labour Market

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: assignments (20%), mid-semester test (30%) and 3hr final exam (50%)

The purpose of this unit is to study some of the major issues in modern labour markets. Trends such as the increase in part-time work, the growing inequality in income and earnings, changes in the returns to education, and the simultaneous increase in hours of work and unemployment are addressed. The material consists of both empirical facts relating to the labour markets and the theories which are used to understand these facts. Part of the unit is devoted to the study of wage and employment contracts in the presence of uncertainty and other information problems. Imperfect information will have implications for the level of employment and unemployment, the structure of wages, and the use of particular forms of compensation such as bonuses, trust funds, and performance bonds.

ECON6010 Public Economics

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: assignments (20%), mid-semester test (30%) and 2hr final exam (50%)

Recent innovations in public economics have overturned previously accepted policy rules. This unit focuses on the modern treatment of public policies relating to taxation, pricing of public sector outputs and public investment. Emphasis is placed on how different informational capabilities and jurisdictions of the government impact on the design of policy. The areas of application in taxation include the design of efficient and equitable consumption taxes, the structure of income taxation and the appropriate mix of income and consumption taxes. In response to market failures, pricing and investment rules for public enterprises, the provision and pricing of public goods, and policy responses to externalities and information problems are covered.

ECON6016 Trade and Development

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: mid-semester test (20%), seminar paper and presentation (20%) and 1x2hr final exam (60%)

This unit is designed to highlight the relation between trade and development from an institutional and structural perspective, with appropriate modifications of received general economic principles, theories and policies. It closely studies the integration process of traditional segment of a developing society into its modern counterpart in countries selected from Asia, Africa, Latin America, the Caribbean, and the Pacific regions. It examines role of the state and international institutions (like the International Monetary Fund, World Bank, World Trade Organization), rationale for trade, planning and market mechanisms in developing economies, and also socio-cultural preconditions and economic requirements for a market economy. It focuses on a wide range of developmental problems and issues (such as foreign aid, debt, investment, technology transfer) from both national and international points of view.

ECON6018 Environmental Economics

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: seminar paper & presentation (20%) and mid-semester test (20%) and 2hr final exam (60%)

In this unit of study emphasis is exclusively concerned with market failures that impact on the natural environment. Attention is given to why these market failures occur and what role there is for regulation and government policy. Topics covered include efficiency and markets, market failure, externalities (e.g. pollution), various methods of regulating pollution, and measuring the demand for environmental quality.

ECON6021 Financial Economics

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: mid-semester test (40%) and 2hr final exam (60%)

This unit provides students with an understanding of the economic foundations of financial theory and the economic framework upon which that theory is based. Much of the work covered is an application of both microeconomic and macroeconomic theory to the special problems encountered in the study of the financial side of an economy. The relevance of these foundations is illustrated with empirical research using Australian and international data.

ECON6023 International Trade

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: mid-semester test (20%), written report (30%) and 2hr final exam (50%)

This unit develops the modern theory of international trade and commercial policy and examines some empirical applications. Topics covered include competitive trade theory; comparative advantage and theories of international trade patterns; the gains from trade; empirical evidence and methodology; imperfectly competitive trade theory and economies of scale, differentiated products, and technology; analysis of the effects of tariffs and trade quotas upon trade under competitive and imperfectly competitive market structures; the formation and design of regional trade agreements and the strategic behaviour of multinational enterprises. It will be suitable for those with an interest in international trade and business issues as well as those who may wish to pursue PhD research in these areas. It will be taught at a graduate level and so presumes knowledge of advanced undergraduate microeconomics.

ECON6024 Private Equity

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: assignments (20%), mid-semester test (30%) and 2hr final exam (50%)

As a source of private equity, venture capital (VC) plays a crucial role in the development of new business ventures and the promotion of innovation. Over the last twenty years, the VC industry has boomed. This course investigates how VC firms operate, analysing the key strategic issues they face during the fundraising, investing and exit stages of the VC cycle. Topics covered include: the determinants and types of VC fundraising, the organisational structure of VC firms and how venture capitalists are compensated. Next, the VC firm's investment decision is examined, as is its relationship with the investee company. The role of VC in the broader economy is also discussed. Regarding the exit stage of the VC cycle, the design of exit strategies (e.g. initial public offerings) is analysed. Finally, we introduce some of the ethical issues which venture capitalists face.

ECON6025 Strategic Decision Making

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: mid-semester tests (40%), tutorial assignments and participation (10%) and 2hr final exam (50%)

Decision makers face two types of uncertainty: uncertainty about the state of nature (how much oil is in an oilfield) and uncertainty about the strategic behaviour of other decision makers (how many oil wells they will drill). This unit of study focuses on strategic uncertainty and the uses decision makers can make of the concepts of game theory to guide their decisions. Game theory studies situations where a) agents have conflicts of interests and b) agents can take actions that directly affect their payoffs and the payoffs of others. A very broad range of applications from business and economics fit the above description and therefore can be studied by the methods of game theory. Applications include, firm pricing and output decisions, market entry and exit, hold-up, collusion, bargaining, auctions, and signalling.

ECON6026 Strategic Business Relationships

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: individual and group concept maps (7%), 3x quizzes and short answer tests (15%), group assessed on-line forums (28%), in-class written report (25%) and 1.5hr final exam (25%)

This unit studies how strategic business relationships create sustainable competitive advantages for firms and nations. Business relationships are dynamic learning networks that result from strategic decision-making. They include internal relationships within the firm as well as external relationships. With internal business relationships, the focus is on organisational design issues, including employee-manager interaction, and manager-shareholder relations. External relationships include formal contracts and informal agreements with suppliers, buyers, distributors, lenders, competitors and partners. Resource and capability-based views of the firm provide the conceptual framework for analysing the foundations of sustainable competitive advantage and the role of effective relationships in building this advantage. Agency and transaction cost approaches help explain the operation of these relationships. Throughout the unit, we distinguish between the knowledge-based sectors of the economy and the more traditional sectors, and we consider how the form of business relationships varies between countries.

ECON6027 Experimental Economics

Credit points: 6 Session: Classes: 1x2-hr seminar/week, 6x1-hr laboratory sessions/semester Assessment: assignments (25%), class participation (10%), group project (40%) and 2hr final exam (25%)

This unit of study deals with the use of laboratory and field experiments in order to help assessing economic problems. Economic experiments are becoming a useful tool for the validation of theory, the development of new theory, the generation of advice to decision makers, and the design of new economic institutions. Economics aims to explain the 'real world' behaviour of agents. The lectures will provide opportunities to identify apparent contradictions between the predictions of economic models and experimental outcomes. The classes on experimental economics will follow a learning-by-doing approach. Most topics will be introduced in the experimental lab. Outcomes will be discussed in the following class and compared with theoretical predictions and previous experimental research.

ECON6101 Special Topic in Economics

Credit points: 6 Session: Classes: 1x3-hr seminar/week Assessment: Depends on topic

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

Note: Students must seek written permission from the School of Economics Postgraduate Coordinator to enrol in this unit.

Study of a special topic in postgraduate Economics. Topics will vary from semester to semester according to staff availability and the presence of visitors. If taught in both semesters, the topic in Semester 2 will be different to that in Semester 1.

FINC5001 Capital Markets and Corporate Finance

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid semester-test (20%); Major assignment (25%); Final examination (55%)

This unit provides an introduction to basic concepts in corporate finance and capital markets. It is designed to equip students to undertake further studies in finance. After reviewing some very basic ideas in finance and financial mathematics, the unit provides a thorough treatment of the valuation of equity, debt and companies. The unit then examines issues related to pricing in capital markets and ends with a discussion of theory and practice related to capital structure and dividend policy.

FINC6000 Quantitative Finance

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid Semester exam (40%); Final exam (60%)

The principle objective of this unit is to provide students with an advanced mathematical treatment of basic theoretical and analytical concepts in finance. Students are exposed to key areas in the modern theory of finance and corporate financial policy with specific emphasis on their development and treatment from rigorous mathematical and statistical foundations. Upon completion of the unit, the students should have acquired a theoretical and practical understanding of basic principles underpinning financial valuation and analysis; utility theory and choice under uncertainty; theory of portfolio selection; asset pricing theory and information asymmetry; and the pricing of derivative contracts and instruments.

FINC6001 Intermediate Corporate Finance

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Semester Test 1 (25%); Semester Test 2 (25%); Final Examination (50%)

This unit extends some of the fundamental concepts introduced in FINC5001 Capital Markets and Corporate Finance, and develops a rigorous framework for the analysis and understanding of key aspects of corporate financial decision making. Fundamental concepts in corporate finance are extended to more complex settings. The unit extends prior work on portfolio theory and examines more advanced approaches to asset pricing and capital budgeting. New topics are covered in relation to derivative securities and real options applications in capital budgeting. The issues of the cost of capital, corporate capital structure, and corporate dividend policy, are extended to cover the interaction of corporate and personal taxation, agency problems, and information signalling.

FINC6003 Broking and Market Making

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: mid-semester exam (15%), class participation (5%), multiple choice question construction (5%), individual article annotation (10%), major assignment (20%), final exam (45%)

Broking and Market making is a unit of study that specialises in these particular areas of the financial services industry. Financial intermediaries have a crucial role for the function of capital markets and they are also the most likely employers of finance students. In this unit we start with the theory on: what the functions of brokers and market makers are, what their sources of income are, how they help to make market more efficient and when their actions lower market quality. We then move on to investigate the academic research literature that specialises on issues important to these financial intermediaries. Starting with the rich literature on dealer markets, we will particularly focus on recent research on price formation, information dissemination and trading in limit order book markets that are becoming the market design of choice. We will also look in detail at the recent phenomena of fragmentation of markets, order referencing and internalisation.

FINC6005 Advanced Asset Pricing

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: In class test 1 (10%); In class test 2 (20%); In class test 3 (20%); Final examination (50%)

This unit covers the fundamentals of asset pricing and valuation, relevant time series representations of financial variables, arbitrage restrictions, interest rate and foreign exchange derivatives, exotic and path dependent options, value at risk, as well as some exemplifying case studies.

FINC6007 Financial Strategy

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Class participation (20%), Project (20%), Blog (10%), Exam (50%)

This unit aims to provide a much richer set of insights about how to use financial, competitive and corporate strategies to enhance the cash-flow of the firm and hence its value. The theoretical underpinnings of the approach come from treating executives as the agents of the principal, namely shareholders. These financial and corporate strategies include getting the structure of the organisation right and correctly measuring the value-added by the enterprise after deducting all inputs including capital inputs. It is also crucial to gain an understanding of the foundations of strategy, which come from the "Game Theory".

FINC6009 Portfolio Theory and its Applications

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid semester exam (25%); PME report (25%); Final examination (50%)

This unit is an introduction to mathematical optimisation techniques in the presence of uncertainty. Utility-independent approaches to the modelling of risk and return, proceeding to Markowitz, Capital Asset Pricing and Arbitrage Pricing Models.

FINC6010 Derivative Securities

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Applied Project: Group Assignment (10%); Assignment Presentation (5%); Mid-semester test (25%); Final examination (60%)

This unit provides an introduction to the rapidly-growing area of options, futures and swaps. These securities are all derived from fundamental securities such as equities and bonds. The unit examines the nature of each of these securities in turn before a thorough treatment of the pricing and use of these securities for investment management and risk management purposes.

FINC6013 International Business Finance

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Intra-semester test 1 (15%); Intra-semester test 2 (15%); Group project (20%); Final examination (50%)

In our highly globalised and integrated world economy, understanding vital international dimensions of financial management is becoming increasingly essential for firms and businesses. This unit seeks to provide a greater understanding of the fundamental concepts and the tools necessary for effective financial decision making by business enterprises, within such a global setting.

FINC6014 Fixed Income Securities

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid-semester exam (25%), Group assignment (25%), Final exam (50%)

This unit covers the basic concepts and issues in fixed income securities, bond portfolio analysis and closely related financial instruments in risk management. The unit begins with the basic analytical framework necessary to understand the pricing of bonds and their investment characteristics (introducing fundamental concepts such as duration, yield and term structure). Sectors of the debt market including treasury securities, corporate bonds, mortgage-backed securities, and convertible bonds are analysed. The use of derivatives and a selection of special topics in Fixed Incomes are also discussed.

FINC6015 Global Trading

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: mid-semester exam (30%); 2x group assignments (2x10%); final exam (50%).

Global Trading is concerned with the processes which turn orders into trades in securities markets, and the forces which mould and effect both order flow and order execution. This unit of study is an introduction to fundamental market design and structure ideas. The increased worldwide emphasis on capital markets and stock exchanges have brought the market microstructure specialisation of financial economics into the limelight. Global Trading will provide insights into how we with the help of securities market microstructure can gain a better understanding of today's global financial markets; to be able to make better financing and investment decisions, to understand when, where and how to transact in financial instruments and how to make better use of the ever increasing flow of market information. As we increase our intuitive familiarity with today's diverse financial markets we are able to develop successful trading strategies in different instruments and across many markets, today and in the future.

FINC6016 Financial Instruments and Markets

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: 2x mid-term exams (2x15%), assignment (20%), final exam (50%)

This unit provides students with an introduction to Australian financial markets and an evaluation of the institutions, instruments and participants involved in the industry. The main markets evaluated include the equity, money, bond, futures, options, and foreign exchange markets. The relationship between the economic environment and these markets is examined. The unit is designed to meet the ASIC "Generic knowledge" requirements under Policy Statement 146 for the licensing of Product Advisers (subject to approval). This unit also provides an overview of a number of other units which are offered in the postgraduate program.

FINC6017 Mergers and Acquisitions

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: 1 x 3hr final exam (50%); project (30%); Mid semester exam (20%)

Mergers and acquisitions have become perhaps the most important activity of investment banks today. They are fundamental tools for businesses to secure growth. To analyse mergers and acquisitions, most tools from modern financial economics are needed. The unit commences with a review of how existing businesses are valued; continues to analyse capital structure decisions and management incentive issues, corporate control, and then moves on to look at the motives for mergers and acquisitions. Some acquisitions are motivated by value improvements created by correcting incentive problems, many bad acquisitions however are motivated by bad incentives that decreased value.

FINC6019 Financial Modelling

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid-Term Exam 1 (15%), Mid-Term Exam 2 (15%), Assignment (20%), Final Exam (50%)

It is important for practitioners of finance, at all levels, to be able to evaluate the applicability of a range of models for a given problem and to effectively implement and use the model that is selected. This unit will present methods for model design, implementation and evaluation in the context two fundamental financial models; the discounted cash flow valuation model and the portfolio selection model. Spreadsheet engineering methods for designing, building, and testing spreadsheet models and for performing model-based analysis will be presented. There will be a concise coverage of optimization, sensitivity analysis and simulation featuring a strong spreadsheet orientation and a modelling emphasis.

FINC6021 Corporate Valuation

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: lab work (5%), group assignment (30%), reflective journal (5%), final 3hr exam (60%)

This subject unit applies all aspects of finance theory to the general problem of valuing companies and other financial assets. This requires a synthesis of the fundamental concepts of present value, cost of capital, security valuation, asset pricing models, optimal capital structures, derivative pricing and some related accounting concepts. The subject aims to reach a level of practical application that allows students to understand both the theoretical frameworks and institutional conventions of real world corporate valuations. Basic valuation concepts from accounting will be reconciled with the finance theory on which firm value ultimately stands. Students will be asked to make extensive use of Excel or similar software in valuation exercises.

FINC6022 Behavioural Finance

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid-term exam (30%); Group assignment (20%); Final exam (50%)

Behavioural finance examines how individual financial decision making and behaviour affect outcomes in financial markets. The subject begins with a review of the foundations of efficient markets, and then draws comparisons between the efficient ('economically rational') market and the less understood but possibly more realistic behavioural ('partially rational' or 'irrational') understanding of markets. The philosophy of the subject is that both viewpoints have advantages and each adds something new to our understanding of investor behaviour, both at the level of individual traders and at the level of the market interpreted as a mechanism for aggregating opinion and attitudes to risk.

FINC6023 Financial Risk Management

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Lab exercises (20%), Group project (30%), Final 3hr exam (50%)

Risk is an integral part of financial decisions. Following the rapid evolution of the discipline of financial risk management, analysts must be prepared to acess the level of risk in the marketplace. This unit explores the basic concepts of modelling, measuring and managing financial risks within the regulatory framework. Topics covered include market risk (value-at-risk and expected loss), credit risk (single name, portfolio, ratings and market based models, credit derivatives), liquidity risk and operational risk. To overcome the rather quantitative nature of the topics, the unit relies heavily on practical based lab exercises with emphasis on simulations, real life examples and case studies.

IBUS5001 Strategy, Innovation and Global Business

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Individual assignment (20%); Group assignment (35%); Final 2hr exam (45%)

This unit focuses on the application of strategic thinking in key business contexts with a particular focus on the global nature of business. Specific attention is given to: (i) the identification and managing of new business opportunities both for entrepreneurial start-ups and for new ventures that emerge within a corporate setting; (ii) business model innovation as a basis for new ventures and business growth; (iii) the identification and managing of the specific challenges and risks presented by operating in a global business environment.

IBUS6001 International Business Strategy

Credit points: 6 Session: Classes: 1x 2 hr lecture and 1x 1hr seminar per week Assessment: Written Project (40%); Individual assignment I (30%); Individual assignment II (30%)

This unit analyses how multinational firms leverage their capabilities and competencies to create competitive advantages in international and global markets. Topics include assessing foreign market attractiveness; understanding the impact of differences in legal, cultural, political and economic regimes; evaluating international political and economic risk; building and operating global networks, including entry mode choice; understanding how managers design organisational architecture and implement internal control and incentive mechanisms; and assessing the challenges of global citizenship, ethical behaviour and social responsibility for international business. Problem-based learning, with case study workshops, is an integral part of the Unit.

IBUS6002 Cross-Cultural Management

Credit points: 6 Session: Classes: 1x 3hr lecture/seminar per week Assessment: Group assignment (5% and 25%); Midterm exam (30%); Class participation (5%); Final exam (35%)

Note: Department permission required for enrolmentin the following sessions:Semester 1

An understanding of cultural differences and how to manage such differences is critical to effective management in international and multi-cultural business environments. The aim of this unit of study is to provide conceptual frameworks and evidence from practice that will develop an understanding of the ways in which cultures differ, how these differences can impact on management, and how cultural issues can limit organisational effectiveness. Major topics include the significance of culture in international management, the meaning and dimensions of culture, comparative international management and leadership styles, managing communication across cultures, ethics and social responsibility in global management, cross-cultural negotiation and decision-making, forming and managing global teams, and developing the international and global manager.

IBUS6003 Managing International Risk

Credit points: 6 Session: Classes: 1x 3hr lecture/seminar per week Assessment: Group workshops and case studies (40%); Major research assignment (40%); Individual learning module (20%)

This unit introduces students to the multi-level risk environments encountered by multinational enterprise and the processes and strategies that can be employed to identify, assess, manage and mitigate risk. Topics that are covered include multinational enterprise and expropriation, sovereign risk and corruption, political and regulatory risk, brand and corporate reputation risk management, managing anti-globalization protests and consumer boycotts, terrorism risk, and executive risk and risk management and a short introduction to financial risk and risk management. The unit will also introduce students to the various analytical approaches involved in designing risk identification systems, reporting and monitoring protocols, and how risk is able to be assessed, prioritized and effectively managed. The unit will emphasize a problem case based approach to learning using workshops and simulation exercises.

IBUS6004 International Business Alliances

Credit points: 6 Session: Classes: 1 x 3 hr lecture/seminar per week Assessment: Business Strategy Game (10%); Alliance proposal (10%); Presentation (10%); Alliance case (10%); Participation (15%); Mid term exam (20%); Final exam (25%)

Collaboration to achieve competitive advantage is one of the most commonly recommended cross border strategies. However, international alliances can take many different forms, and they can serve many different purposes. Managing international alliances raises a series of different issues for the alliance partners to manage. This unit examines the issues raised and considers the reasons for success and failure of international alliances. It looks at the forms that partnerships can take, it examines the methods for choosing among potential partners, it examines the potential forms of collaboration and the level of resources each may require. Managing the partnership for maximum advantage, avoiding possible risks, and deciding how and when to end the partnership, all are further issues that managers must consider. The unit considers these questions in the framework of general theoretical approaches, and pays particular attention to discussion of individual cases.

IBUS6005 Ethical International Business Decisions

Credit points: 6 Session: Classes: 1x 3 hour seminar per week from week 1 to week 13 Assessment: Group Project (30%); Final exam (30%); Individual participation (10%); In class case-studies (15%); Reflective Journals (15%)

In order to succeed in international business, both corporations and individuals need broad decision-making abilities. Business decision-making tools yield more coherent and justifiable results when used with an understanding of the ethical, social and environmental aspects of the process. This applies to various situations in the international business setting including business relations with government, customers, employees, and NGOs. This unit is designed to look at these non-financial elements in the decisions made within the international business context. Following the completion of this unit, students will have enhanced skills and knowledge relevant to the understanding of ethical issues and ethical decisions making in international business organisations.

IBUS6006 Comparative International Management

Credit points: 6 Session: Classes: 1x 3hr class per week Assessment: Group Project (35%); Evaluation of Group Members (5%); Participation (10%); Mid-Semester Exam (20%); Final Exam (30%)

The triad regions, Japan, the United States, and the European Union, together are the homes of almost all of the world's largest 500 corporations. They account for a large majority of world exports. They provide most of the world's outward flows of foreign direct investment, and in addition they are the recipients of most of inward FDI flows. However, they are very different, in firm structure, in regulatory environment, and in the relations between private firms and government agencies. Dealing with them as competitors, customers, suppliers, or partners requires international managers to be aware of these differences and to vary their strategy accordingly. This unit compares the structure and operations of triad firms, and the ways that government agencies frame the operating environment in each region. We look first at the ways firms in each region seek competitive advantage, and how governments have supported them. We then look at a series of cases where firms have moved from their home region into another, at the ways in which they have attempted to transfer their competitive advantage, and at the reasons for their successes and failures. In addition to the specific knowledge of the habits and tendencies of Japanese, United States, and European firms, the techniques of analysis developed in this unit are applicable to a wide range of competitive situations across the global economy.

IBUS6008 Export Management

Credit points: 6 Teacher/Coordinator: C. Welch Session: Classes: 1x 3hr lecture/seminar per week Assessment: Individual learning journal (70%); Final exam (30%)

Exporting is a key international business activity, especially for small and medium-sized enterprises (SMEs). This unit covers both the theory and practice of export management. The main areas covered in the unit are: 1) preparing to export (export stimulation, export readiness and planning), 2) forming and maintaining relationships with intermediaries (including legal considerations), 3) managing risks and export finance, 4) filling export orders. The unit therefore covers both the operational and strategic challenges associated with the exporting process.

IBUS6011 New Business Opportunities and Startups

Credit points: 6 Session: Classes: 1x 3 hr lecture/seminar per week Assessment: Group Presentation (20%); Group Assignment (30%); Individual Assignment (30%); Individual presentation (20%)

For small open economies such as Australia's, opportunity identification and exploitation are often critical to firms' long-term growth and survival. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. In addition to exploring the special problems (and advantages) associated with entrepreneurial start-ups, the unit will explore commercialisation and corporate venturing. Topics include opportunity recognition, structuring a business and investment proposal, venture capital and other funding sources, market entry strategies as well as entrepreneurial and creative leadership.

IBUS6012 Business Growth and Innovation

Credit points: 6 Session: Classes: 1x 3 hr lecture/seminar per week Assessment: Individual Assignments (45%); Presentation (10%); Reflective Journal (25%); Participation (20%)

The business landscape is changing, with increasingly global business models and rapidly changing competitive environments buffeting established businesses. Businesses that have 'survived' startup are immediately challenged to build sustainable business models that continually leverage into new markets and products. This unit centres on business- and corporate-level strategy, focussing on the development of skills and knowledge required to spark and cope with rapid business growth. Topics will include harnessing and leveraging resources and capabilities, internationalising ventures, forming alliances, mergers and acquisitions and avoiding the pitfalls of rapid growth. You will also explore the processes involved in strategy formulation, including decision-making and design thinking. The unit is structured around your learning from engaged practice, and requires you to work with businesses in their search for growth options and their appropriate funding.

IBUS6013 Business Restructuring and Renewal

Credit points: 6 Session: Classes: 1x 3hr lecture/seminar per week Assessment: Group Presentation (15%); Group Project (20%); Individual Assignment (30%); Final Exam (35%)

Entrepreneurial business opportunities do not always relate to early-stage or start-up businesses. Later-stage business investments, whether buying existing businesses or turning around failing enterprises, are a significant and growing focus of entrepreneurial activity. This unit explores the process of acquiring and reinvigorating established businesses and how to secure private equity funds (leveraged buy-outs) or corporate funding. The focus is on opportunity evaluation, business model innovation, management and revitalisation rather than financial structuring. Students will have the opportunity to apply the functional skills learned in core strategy, finance, marketing, and management units to real opportunities. As well as being of interest to those wishing to acquire and manage their own business, the unit is appropriate for those working in 'big' business and the financial markets.

IBUS6014 Intellectual Property Management

Credit points: 6 Session: Classes: 1x 2hr lecture and 1x 1hr seminar/wk Assessment: Presentation (10%); Projects (30%); Individual Essay (20%); Final Exam (40%)

Intellectual property (IP) represents the property of your mind, intellect, and proprietary knowledge. There are a number of means of protecting your IP, including patents, copyright and trade marks. Creating IP does not necessarily mean you own the rights to use it, as most forms require you to take formal steps to register your IP and obtain the legal rights of ownership (both in Australia and internationally). This unit of study will cover aspects including the concept of IP, how to identify and protect it in a local and international context, creating the conditions to encourage and leverage IP in a commercial context, how to manage a portfolio of IP, and enforcement scenarios. The unit concentrates on how to utilise IP to create, control and exchange value, with particular attention paid to the practice of open innovation.

IBUS6016 Social Entrepreneurship

Credit points: 6 Session: Classes: 1x 2hr lecture per week and 1x 1hr reading and/or case per week for 12 weeks Assessment: Group Project Presentation (15%); Individual Contribution (15%); Group Report (35%); Individual Audio Assignment (35%)

Social entrepreneurs are committed to furthering a social mission through enterprises that rank social, environmental or cultural impact on a par with, or even above, profit. Intersecting the business and not-for profit worlds, social entrepreneurship addresses many complex local and global problems. This unit will critically introduce the concept and develop frameworks for understanding social entrepreneurship (also referred to as social enterprise and social innovation). Teaching and learning will utilise case studies, and include the opportunity to apply real-world experiences. Topics will include creating innovative social enterprises, sustainable business models, philanthropy and funding, impact assessment, and leadership.

IBUS6017 Enterprise and the Creative Industries

Credit points: 6 Session: Classes: 1x 2hr lecture per week for 12 weeks and 1x 1hr reading per week for 10 weeks. Assessment: Group Project Presentation (15%); Individual Contribution (15%); Group Report (35%); Individual Audio Assignment (35%)

The creative industries include architecture, design, film, television, music, the performing arts, advertising, publishing and the visual arts. These industries are characterised by the presence of creative individuals, large and powerful distributors (such as film studios) and the leveraging of copyright. Business success is driven by imagination and novelty, with creativity and innovation essential. This unit explores enterprise development in these industries, and will be of use to those intending to work in these industries, as well as those applying the skills and capabilities to other industries.

IBUS6019 Strategy and Emerging Markets

Credit points: 6 Session: Classes: 1X 3 hour lecture/seminar per week Assessment: Group project (30%), In-class activity & Quiz (10%); tutorial participation (10%), mid-term exam (20%), final exam (30%)

Do you have an Emerging Market Strategy? This is a question that an increasingly large number of company managers, especially in the developed western world, are trying to answer. This unit of study will lay the foundations of strategy making in emerging markets, with an emphasis on four of the largest emerging markets of the world today - Brazil, Russia, India and China - often termed as the BRIC countries. Utilizing frameworks from mainstream strategy and international business disciplines, this unit will analyze emerging markets from the perspective of primarily two simultaneous phenomena - multinationals from developed markets trying to tap into emerging markets, and companies from emerging markets globalizing their operations and consequently changing the global competitive landscape.

INFS5001 Project Management

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Class activities (15%); Group project (40%); Final Exam (45%)

Based on the Project Management Body of Knowledge (PMBOK) this unit will introduce you to the end to end project management lifecycle. You will learn how to select appropriate projects based on their alignment with an organisation's strategy and then how to manage those projects successfully from initiation through execution to completion. You will learn the essential components of effective project management and how to apply them in an integrated manner. You will be exposed to both the technical and behavioural aspects of project management - including Microsoft Project - and will gain experience in critically analysing the application of concepts in specific project contexts. As organisations increasingly structure their activities on a project basis the unit will be of value to a range of discipline specialisations. The unit can also contribute to you achieving internationally recognised accreditation from the Project Management Institute (PMI).

INFS6001 Managing Information and Systems

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid-semester test (30%), Tutorial work (10%), Research (group) essay (25%), Final exam (35%)

This unit introduces you to the organisational foundations of information systems and their emerging strategic role. You will develop an understanding of critical information management and systems issues in organisations. The unit provides you with a solid understanding of the senior management decisions relating to organisational information and systems and how various information technologies work together to create infrastructure for electronic commerce and electronic business. You will explore the role of information systems in capturing and distributing organisational knowledge and in enhancing management decision making. You will gain a deep understanding into how the information systems function or processes in organisations can be managed. Finally, you will have the opportunity to explore the special management challenges and opportunities created by the pervasiveness and power of information systems.

INFS6002 Strategic Information Systems Management

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Mid Semester Test (25%), Individual Assignment (35%), Exam (40%)

The relationship between an organisation's business strategy and its information systems is important and challenging. In an environment of rapid, often technology-led change, information systems strategy may be required to both lead and support business strategy. Strategic information systems solutions may need to be highly complex and integrated, yet flexible and adaptable to change. The implications for these dilemmas are explored in terms of the design, implementation and enactment of IT strategies, and governance of value adding IT resources. You will gain a detailed understanding of the concepts, tools and methodologies used in the negotiation and development of IT strategy, and the development of a business focussed, robust and flexible enterprise architecture. Your understanding will be enhanced through active participation in case studies, which are an essential element of the unit.

INFS6004 Information Systems Change Management

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Individual Research Assignment (15%), Individual Problem-based Assignment (35%), Group Problem-based Assignment (50%)

Many information systems implementations require organisational change, or are part of broader change initiatives. This unit aims to assist you to develop the capabilities to lead and manage that change process, at different levels in an organisation. You will learn how to analyse an organisation's specific context and develop your knowledge of methodologies and techniques required for managing information systems-driven change within that context. Topics covered by this unit include: the challenges of change; change strategies; end-to-end change processes; change tools, models and frameworks (for organisational diagnosis); strategies for managing organisational resistance; measuring and evaluating change; and learning from change.

INFS6012 Business Process Integration

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Midsemester test (35%) Individual Enterprise System portfolio (35%); Group report (30%)

In this unit you will explore the strategic managerial issues that arise from the implementation and use of Enterprise Systems as a means of integrating data and standardising processes. You will use a combination of practical sessions with an Enterprise System, such as SAP, and discussions based on readings of case studies to explore the long term effects of strategic implementation decisions, the issues with regard to Enterprise System implementation projects, and the emergent use of such systems, as they become part of the fabric of organisations.

INFS6013 Information Risk, Governance & Assurance

Credit points: 6 Session: Classes: 3x 1hr seminars per week Assessment: Group Assignment (20%) and Individual Research Project (40%) and Open book exam (40%)

This unit explores the changing relationship between information risk, governance and assurance. Information and IT enabled information systems are valuable assets to organisations and are of critical importance in meeting regulatory obligations. Therefore the risk of disruption, theft or destruction to information systems has business value and compliance implications. This unit takes an interdisciplinary view in examining standards, frameworks and methodologies for identifying, analysing and evaluating potential information risk areas, protection strategies and assurance processes across the organisation and throughout the information system lifecycle. Your knowledge will be expanded in a multi-level approach that also examines the design and implementation of information policy, legal, professional and ethical responsibilities, and corporate governance of information and communication technologies. The theoretical and conceptual material covered in seminars is reinforced through problem-based learning.

INFS6015 Business Process Management

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Individual Assignment (35%); Group Assignment (25%); Final Exam (40%)

This unit provides students with an overview of the business process architecture and life cycle from a management perspective. It provides a detailed understanding of the concepts, strategies, tools and technologies required for modelling, analysis, design, improvement, integration, performance measurement and governance of business processes (both intra- and inter-enterprise) in any organisational and/or value chain context and relevant industry standards such as SCOR. The unit also develops practical skills in modelling, redesigning and improving business processes using various business process management software tools/suites.

INFS6016 Technology Enabled Business Innovation

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Individual Research Assignment (15%), Individual Problem-based Assignment (35%), Group Problem-based Assignment (50%)

This unit will assist you to develop knowledge and skills in innovative, technology-enabled business models and strategies from a management perspective. It will enable you to better understand and apply the concepts, strategies, tools and technologies necessary for undertaking business innovation. From basic knowledge of business models and essential business processes this unit will increase your awareness and understanding of stakeholders, their capabilities and their limitations in the strategic convergence of technology and business. It will increase your insights into the technology and infrastructure required to support commerce in the 21st Century and will support development of your capabilities to analyse, develop and evaluate innovative technology-enabled business strategies and models.

INFS6017 Strategic Information & Knowledge Mgmt

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Class activities (10%); Individual research project (30%); Group Assignment (30%); Final Exam (30%).

In today's digital information society it is essential that organizations have effective strategies for generating, managing and obtaining value from their information and knowledge assets. It requires an understanding of the national policy, legal, technological and business imperatives that shape information design. INFS6017 adopts a design thinking approach that focuses on innovation and sustainability in the design and management of information products and services. We use industry case studies to develop in-depth knowledge of information management theory and hands-on design workshops to develop your knowledge and skills in the use of key design methods and tools (e.g. user-centred service design, information audit, information needs analysis and modelling, enterprise content management).

INFS6018 Managing Business Intelligence

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Tutorial work (10%), Mid-session exam (30%), Practical assignment (20%), Final exam (40%)

Business Intelligence (BI), increasingly known as Business Analytics, is a major source of competitive advantage in the Information Age and is therefore a leading business priority globally. In recent times, this field has evolved from a technology topic to a management priority, creating an unprecedented demand for new management skills. Taking a business rather than technology perspective, this unit covers all aspects of the enterprise BI ecosystem in the context of strategic and operational BI, including all five stages of BI evolution. Topics include assessment and management of organisational data quality, multidimensional data modelling and integration, management of structured and unstructured data (including those created by social media), business aspects of data warehousing, innovation through advanced analytics, BI driven performance management, business process intelligence, active enterprise intelligence, and management of complex BI projects. Participation in the unit will give you access to the largest world-wide community of BI academics and industry practitioners called TUN (www.TeradataUniversityNetwork.com). The hands-on experience in using a commercial BI platform, combined with in-depth analytical skills, will enable you to help any organization (regardless of its size and industry domain) to derive more intelligence from its data and compete on analytics. This unit does not require programming experience; it is suitable for both current and aspiring BI practitioners as well as general business practitioners from any functional area interested to learn how to start and lead BI-related initiatives.

INFS6020 BIS Innovation, Transformation & Change

Credit points: 6 Session: Classes: 1x 3 hr seminar per week Assessment: Presentation and Individual Project (100%)

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

Note: Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.

The unit serves as a capstone for the extended (6 unit) MCom (BIS) major and is structured around a semester long business innovation project. This project will consolidate learning from prior Business Information Systems units of study, integrate learning from other units of study in the degree, and extend knowledge, skills and capabilities to contribute to business innovation, transformation and change. The project will allow you to demonstrate your ability to critically synthesise and apply BIS tools, methods, models and frameworks with cross-disciplinary business analysis, communication and research skills. The overarching capability is to prepare a full business case for innovation to address a business problem or to seize a business opportunity. Knowledge and skills will include critical analysis of business problems in an organisation, specification of requirements, identification of options and the creative design of practical, technology-enabled business innovations to implement selected options. The business case will include planning for project implementation, management of change, risk management and evaluation of project outcomes.

INFS6030 Project Management in Practice

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Group assignment (10%), Individual assessments (30%, 60%)

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

Note: Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.

Drawing upon the knowledge and skills you have developed from other units in the project management specialisation you will examine the different requirements for strategy and operations oriented projects. You will enhance your understanding and experience of real work projects by undertaking structured assessments of historical projects in a variety of contexts based upon the components of the Project Management Body of Knowledge (PMBOK). You will also learn how PMBOK is applied currently in industry - including a presentation from a project management expert practitioner. The unit culminates in you developing a project charter and undertaking project planning in a business setting of relevance to your interests.

INFS6101 Information Systems Research A

Credit points: 6 Session: Classes: Research supervision meetings as required Assessment: Dissertation (100%)

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

Note: Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.

This unit is intended for students wishing to complete their degree with a significant research component. Students complete a research project design in a special topic of interest related to Information, Systems, or Process Management. This unit provides the opportunity for students to complete intensive study in Business Information Management. In the absence of formal classes, students are required to conduct an in-depth literature review, understand select justify an appropriate research methodology, and produce a research protocol/design for the topic of interest. Students taking this unit will be supervised by an academic member of staff in an area of contemporary relevance.

INFS6106 Information Systems Research B

Credit points: 6 Session: Classes: 1 x 3hr seminar per week Assessment: Dissertation (80%); Poster presentation (20%)

Note: Department permission required for enrolmentin the following sessions:Semester 1,Semester 2

Note: Students must seek permission from the Discipline of Business Information Systems to enrol in this unit.

This unit is intended for students wishing to complete their degree with a significant research component within the BIS major. This unit provides the opportunity for students to complete intensive study in Business Information Management. Students taking this unit will have successfully completed INFS6101. Students will conduct desk research in a special topic of interest related to Information, Systems, or Process Management, and based upon the results of their work in INFS6101. In the absence of formal classes, students are required to conduct secondary research, report on and analyse the data that they collect, and produce relevant and critical research findings for the topic of interest. Students will produce a dissertation and poster presentation of their research. Students taking this unit will be supervised by an academic member of staff in an area of contemporary relevance.

MKTG5001 Marketing Principles

Credit points: 6 Session: Classes: 1x 3 hr seminar per week Assessment: Case analysis presentation (10%), In-class discussion (8%), Mid-term exam (20%), Team presentation (15%), Team marketing plan (25%), Final exam (20%), Research participation (2%)

This unit introduces students to the basic principles and language of marketing theory and practice. Marketing principles are examined in relation to a wide variety of products and services, in both commercial and non-commercial domains. A strong emphasis is placed on strategy planning and the marketing decision process. Students learn via the analysis of case studies drawn from the Asia-Pacific region, as well as the USA. The unit is presented in four sections. These are: (a) introduction to marketing and the marketing management process, (b) strategic issues in marketing - focusing on the preliminary analyses that are required before a marketing decision can be made, (c) the marketing mix - a detailed look at the components that make up a marketing plan, and (d) marketing planning, implementation and control processes. Students gain practical experience in analysing marketing situations and developing a comprehensive marketing plan.

MKTG6001 Marketing Research Concepts

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: group term project (38%); 2 x exams (48%), research participation (4%), class participation (10%)

This unit provides an introduction to marketing research and an overview of the industry. The major components of marketing research projects are discussed and students gain an insight into understanding and structuring research problems. The unit also gives an overview of primary, secondary and internal sources of data as well as advanced methods and techniques of research.

MKTG6003 Marketing Strategy

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: In-class participation & blackboard discussion (15%); Case study analysis (20%); Foundation business simulation (20%), Computer simulation presentation (10%), Final exam (35%)

A survey of marketing strategy and planning. Topics include: environmental and situational analyses; SWOT analysis; alternative identification and evaluation; marketing research to inform strategic decision making; selection of alternatives and implementation of strategy; the role of the marketing mix elements in marketing strategy; sustainable and non-sustainable advantages; competitive intelligence; the strategic role of quality; monitoring customer satisfaction; problem and opportunity identification.

MKTG6004 New Product Development

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: group case analysis (35%), group presentation (15%), exam (30%), individual participation (10%), participation portfolio (10%)

New products and services are crucial to successful growth and increased profits in many industries. Students are introduced to the development and marketing of new products and services in both the private and public sectors. A product development assignment is carried out to reinforce the material covered and to provide realistic examples of how new products are designed, tested and launched.

MKTG6005 Marketing Communications

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: In-class participation (18%); Individual assignments (20%); Research component (2%); Group project (30%); Final exam (30%)

This unit provides a theoretical and practical perspective on the role of marketing communications in the marketing process, planning and implementation. The unit focuses on the role of different media (television, radio, print, outdoor, cinema, Internet) and covers various aspects of advertising and promotions management including: mass media advertising, in-store advertising, sales promotion, public relations, sponsorships, and personal selling.

MKTG6006 Creative Communications in Marketing

Credit points: 6 Session: Classes: Block intensive - 6 days, 9am - 4:30pm Assessment: Individual participation (13%); Two individual assignments (2x25%); Research component (2%); One group project (35%)

The nineties saw a shift in the focus of creative communication decisions from the traditional advertising agencies to specialist creative services providers. Alternative ways to produce, implement and monitor creative communications have been developed. This unit explores changes that have taken place and focuses on new principles of developing and evaluating creative communications, which traditional advertising agencies have been slow to recognise and respond to. Topics include: developments in media/ modes of delivery; implications of the shift from ownership towards access; the role of the visual in cross marketing; attitudinal monitoring; and issues related to client relationship.

MKTG6007 Consumer Behaviour

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Individual assignment (20%), Group assignment (30%), Presentation of group assignment (10%), Tutorial preparation portfolio (15%), Final exam (25%)

This unit explores the processes that govern why consumers buy (and don't buy), and what possessions mean to them. Students learn to apply the concepts, principles, and theories from various social sciences to the study of factors that influence the acquisition and consumption of products, services and ideas. Specifically, principles from economics, psychology, sociology, social psychology, cultural anthropology and human geography are used to describe and explain consumer behaviour.

MKTG6013 International and Global Marketing

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Participation (20%), Midterm exam (25%), Final assignment written project (35%), Final assignment presentation (20%)

This unit introduces students to international marketing using the marketing concept. It firstly considers environmental factors and then studies how marketing strategies are affected by those environmental factors. It aims to give students an awareness and understanding of international marketing concepts and highlight their importance in a rapidly changing global economy. Additionally it aims to develop student skills in designing and implementing marketing strategies in diverse international and global contexts.

MKTG6016 Brand Management

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: Contribution/participation (10%), Brand audit/s (15%), Branding topic paper (25%), Brand plan presentation (15%), Brand plan (35%)

The most important intangible asset of any business is its brand. The company's name, symbols and slogans along with their underlying associations, perceived quality, name awareness, customer base and related proprietary resources form the basis for brand equity. Most new brands that are introduced, fail because of the lack of proper market research and analysis about positioning. The core of successfully establishing a brand lies in accurate positioning strategies. This unit helps students understand the concept of brand equity and the management of brand assets by learning to strategically create, position, develop and protect brand equity.

MKTG6020 Business Marketing

Credit points: 6 Session: Classes: Block intensive - 6 days, 9am - 4:30pm Assessment: Participation (20%), Case study assignment (30%), Group assignment (50%)

Business marketing is concerned with the marketing of products and services to other businesses and institutions. It involves selecting, developing and managing customer relationships in line with the skills, resources, strategy and objectives of both the supplier and customer companies. Traditionally, business marketing was approached using the '4P's' framework. This unit exposes students not only to the traditional view but contrasts that approach with the interactions, relationships and networks approach to business marketing. The unit aims to develop students into more complete marketers, capable of operating within the dynamic business marketing environment.

MKTG6103 Services Marketing

Credit points: 6 Session: Classes: 1x 3hr seminar per week Assessment: participation (20%), exam (25%), final assignment written project (35%), final assignment presentation (20%)

Today's economy is dominated by service industries. Service industries account for almost 80 per cent of Australia's GDP and will generate virtually all the growth in new jobs. It is acknowledged that there are significant differences between services marketing and goods marketing. Unfortunately, most traditional marketing texts primarily focus on the marketing of physical goods. While these texts obviously provide valuable learning and insight, they are inadequate in preparing students for the marketing skills required in today's dynamic and service-based economies. This unit is designed to prepare students for senior marketing roles in today's "new" economy. It explores the unique characteristics of services organisations and distinctive marketing approaches required for success.

MKTG6104 The Psychology of Business Decisions

Credit points: 6 Session: Classes: 1x 3 hr seminar per week Assessment: Major assignment (34%), Mid session examination (15%), Minor assignment (15%), Class participation (4%), Final examination (30%), Research component (2%)

Given limitations in their ability to process information, humans adopt a variety of heuristics or "rules of thumb" when making judgements or decisions regarding business problems, product choice and consumption options, and in their personal lives. The evolution of these heuristics over time has ensured that they produce generally good outcomes across a variety of contexts. However, they also lead to systematic, and sometimes substantial, errors in certain cases. This unit of study will help students understand biases in human decision making, and how they influence business and consumer decisions in everyday life. For each decision domain, the psychological heuristic is contrasted with the logical rule for producing an optimal outcome.

QBUS5001 Quantitative Methods for Business

Credit points: 6 Session: Classes: 1 x 2hr lecture and 1 x 1hr tutorial Assessment: Assignments (25%); Quizzes (25%); Final exam (50%)

This unit highlights the importance of statistical methods and tools for today's managers and analysts, and demonstrates how to apply these methods to business problems using real-world data. The quantitative skills that students will learn in this unit will be useful in all areas of business. Through taking this unit students will learn how to model and analyse the relationships within business data; how to identify the appropriate statistical technique in different business environments; how to compute statistics by hand and using special purpose software; how to interpret results in the context of the business problem; and how to forecast using business data. The unit will be taught through data-driven examples, exercises and business case studies.

QBUS6310 Business Operations Analysis

Credit points: 6 Session: Classes: 1 x 2hr lecture and 1 x 1hr tutorial Assessment: Individual assignment (20%); Mid-Semester exam (20%); Final exam (60%)

Business operations are the activities that businesses carry out to create value. This unit provides the models needed to analyse business operations of a company or organisation and make management decisions on operational issues. It covers business operations in both manufacturing and service industries, looking at processes, supply chains and quality issues. Topics covered may include the modelling of manufacturing operations and related group technologies, the modelling of financial service operations (e.g. brokerage operations), and the operations implications of internet technologies.

QBUS6320 Management Decision Making

Credit points: 6 Session: Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Individual assignment (20%); Mid-Semester exam (20%); Final exam (60%)

The unit introduces models and tools for decision analysis and their application in managerial settings. The unit will focus on the use of formal decision methods for management decisions in business. The main goal of this unit is to show how these decision models can improve the decision process by helping the decision maker to understand the structure of decisions; use subjective probabilities for measuring risk; analyse sensitivity of decisions to changing decision parameters; quantify outcomes in accordance with risk attitudes; and estimate the value of information. Special attention will be paid to informal interpretations of formal decision approaches.

QBUS6810 Statistical Learning and Data Mining

Credit points: 6 Session: Classes: 1x 2hr lecture and 1x 1hr tutorial per week Assessment: Individual assignment (20%); Mid-Semester exam (20%); Final exam (60%)

It is now common for businesses to have access to very rich information data sets, often generated automatically as a byproduct of the main institutional activity of a firm or business unit. Data Mining deals with inferring and validating patterns, structures and relationships in data, as a tool to support decisions in the business environment. This unit offers an insight into the main statistical methodologies for the visualization and the analysis of business and market data. It provides the tools necessary to extract information required for specific tasks such as credit scoring, prediction and classification, market segmentation and product positioning. Emphasis will be given to business applications of data mining using modern software tools.

QBUS6820 Business Risk Management

Credit points: 6 Session: Classes: 1x 3hr class per week Assessment: Individual assignment (30%); Mid-Semester exam (20%); Final exam (50%)

This unit provides the basic knowledge and tools needed to understand and manage risk. It includes business cases to illustrate the nature of risk and risk management strategies. The main focus of the unit is on quantitative approaches to analysing risk through understanding the probability distributions involved. Topics covered include: Value at Risk calculations; Prospect theory for decisions under risk; Extreme value theory; Monte-Carlo simulation; Stochastic optimization; Credit scoring; Real options and Hedging strategies.

QBUS6830 Financial Time Series and Forecasting

Credit points: 6 Session: Classes: 1 x 2hr lecture and 1 x 1hr tutorial Assessment: Individual assignment (25%); Mid-Semester exam (15%); Group assignment (30%); Final exam (30%)

Time series and statistical modelling is a fundamental component of the theory and practice of modern financial asset pricing as well as financial risk measurement and management. Further, forecasting is a required component of financial and investment decision making. This unit firstly provides an introduction to the time series models used for the analysis of data arising in financial markets. Second, it considers methods for forecasting, testing and sensitivity analyses, in the context of these models. Topics include: the properties of financial return data; the Capital Asset Pricing Model (CAPM); financial return factor models, with known and unknown factors, in panel data settings; modelling and forecasting conditional volatility, via ARCH and GARCH; forecasting market risk measures such as Value at Risk. Emphasis will be placed on applications involving the analysis of many real market datasets. Students will be encouraged to undertake hands-on analysis using an appropriate computing package.

TPTM5001 Logistics and Supply Chain Management

Credit points: 6 Teacher/Coordinator: Alan Win Session: Classes: 2 x 3 hour lectures every other week. Refer to timetable for further details. Assessment: Individual assignment (35%), group project presentation and report (25%), final examination (30%), in-class individual quizzes (4) (10%).

Note: This is the foundation unit for all logistics and supply chain management programs and should be completed in the first period of study. Students demonstrating extensive practical experience in the logistics industry may apply for a waiver from TPTM5001 Logistics and Supply Chain Management. This allows another Logistics Management unit of study to be substituted for TPTM5001. Students should send their resume with a covering email outlining their experience to the Postgraduate Coordinator for Logistics Management, Professor David Walters david.walters@sydney.edu.au

Logistics and supply chain management are foundation blocks of any successful business. Unless an organisation can manage and coordinate the movement of materials, information and cash through its business, and those of partner organisations, it is unlikely to outperform its competitors. Furthermore organisations rarely compete as fully integrated organisations; typically they are part of increasingly interdependent networks. The operational disciplines of the successful organisation are responsible for developing and managing its response to market opportunities, and supply chain management is the key to a successful response. This unit provides the foundation for understanding of these two important concepts offor logistics and supply chain management. It offers a sound grounding in the terms, concepts, techniques and principles that underlie logistics and supply chain management, exploring both concepts and demonstrating how together theyse contribute towards a strategically effective and operationally efficient organisation. This is the foundation unit of study for all logistics and supply chain management programs and majors.

TPTM6115 Organisational Logistics

Credit points: 6 Teacher/Coordinator: Associate Professor Peter Lok Session: Classes: 2 x 3 hour lectures every other week. Refer to timetable for further details. Assessment: In-class test (25%), group assignment (25%), in-class group debate (10%), in-class group case analysis (5%), final examination (35%)

The aim of this unit is to provide an integrated approach to both micro and macro aspects of organisational behaviour particularly related to the transport and logistic industries. The unit examines actions at three different levels of analysis: the individual, the group and the organisation and is divided into three parts. Part 1 covers the strategic thinking and the general environment affecting the work place. It also examines the fundamentals of individual at work. Part 2 focuses on leadership, work teams, and power and conflict in organisations. Part 3 attends to organisational structure, culture and strategic change management. The integration of these 3 parts would provide participants with the knowledge and skills to manage his/her organisation effectively particularly in the transport and logistic industries.

TPTM6130 Transport and Logistics Strategy

Credit points: 6 Teacher/Coordinator: Dr Geoffrey Clifton Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: In-class individual and group readiness assurance test (20%), in-class individual quiz (20%), team project with group report (15%), individual presentation (20%) and individual critiques (5%), take home examination (20%).

There is a need for managers at all levels of organisations to think strategically. This unit provides an essential set of skills to assist in guiding strategic management of transport and logistics systems in both the private and public sectors. Key economic and behavioural concepts will be introduced to help students to acquire skills in strategic thinking; however the unit does not require a previous background in economics. The unit is divided into a number of modules: the strategic-tactical-operations (STO) framework, micro and macroeconomic concepts, preferences and demand, costing, performance benchmarking and pricing of transport and logistics services. Examples and case studies are drawn from transport and logistics freight and passenger sectors as well as all modes of transport.

TPTM6160 Aviation Management and Logistics

Credit points: 6 Teacher/Coordinator: Professor Werner Delfmann Session: Classes: 2 x 3 hour lectures (same day) three times per week over 2 weeks. Refer to timetable for further details. Assessment: Class participation (10%), group case study work (35%), group research work including presentations (35%), final examination (20%)

The aviation industry is changing rapidly with resulting commercial opportunities in airlines and airports. Participants in this course will develop an understanding of the economics of operating airlines and airports and the implications of competitive strategies for the development of hubs and networks. Airline topics include airline strategies, marketing, the formation and management of alliances, yield/revenue management, travel sales and distribution. The growth in air traffic in the region is placing strains on airport capacity and the course covers forecasting, airport planning, externalities of airports, pricing airport use, investment decisions, and the role of the private sector in airport development and operation. The course involves individual work.

TPTM6170 Value Chain Management

Credit points: 6 Teacher/Coordinator: Professor David Walters Session: Classes: 2 x 3 hour lectures every other week. Refer to timetable for further details. Assessment: Group Tutorials (2) (30%), individual quizzes (4) (30%), individual final examination (40%)

Note: This is the capstone unit for the Graduate Diploma and Master in Logistics Management programs and should be completed in the last period of study.

Most large organisations consider Asia to becoming the new global manufacturing centre: Australian businesses are increasingly working as components of value chain networks working within this emerging structure. The key focus of this unit is to introduce the concepts of what has been identified as the "New Economy Business Model". It explores the concepts using examples and case studies. The changes to facilitate this are not just sales and marketing driven, but encompass design and development, production and distribution in a holistic business model. Products and services now have multiple applications and business organisations are redefining their core capabilities and processes; and many products become services as they move through their life cycles. In traditional business model companies competed with each other; in the new economy business model "value chain networks" are competing with each other. At the industry level value chains can be seen as business network structures, or confederations, that are developing from traditional corporations. To emphasise the need to understand how organisations are working in this new business environment assessments use current problems in actual organisations.

TPTM6180 Geographical Information Systems

Credit points: 6 Teacher/Coordinator: Associate Professor Stephen Greaves Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: Individual tutorial exercises using GIS software (25%), team project using GIS software with group and individual component (35%); team presentation with group and individual component (15%), final examination (25%).

This unit introduces students to Geographical Information Systems (GIS), which have revolutionised the ability to support different types of transportation, logistics and planning analyses. The course begins by introducing students to the fundamentals of GIS, the spatial model, how data are organised and how spatial queries work. We then focus on spatial data sources, with a particular focus on GPS, including practical application and use within a GIS system. The course then moves to a hands-on focus in which students will use the powerful TransCAD GIS software to analyse a number of problems (e.g., planning a routing and delivery system, locating a new warehouse, establishing potential demand for a new bus service). Students will also gain knowledge of how open-source GIS software (e.g., Google Maps, Google Streets) can be used to analyse spatial problems. By the end of the course, students will be able to conduct and evaluate a GIS case study in terms of implementation of a data model, the use of appropriate GIS tools and techniques, benefits and barriers of the implemented system, and how the system could be improved. This unit will appeal to all students interested in the spatial impact of decisions.

TPTM6190 Logistics Systems

Credit points: 6 Teacher/Coordinator: Andrew Collins Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: Demand forecasting group assignment (25%), inventory management computer examination (20%), descriptive techniques computer examination (15%), ERP computer examination (20%), computational logistics group assignment (20%)

This unit provides an in-depth introduction to various analytical tools, techniques and software which are useful in the design and day to day operations of logistics organisations and integrated supply chains. Emphasis in the unit is on which tools to use and when to use them in order to improve overall performance and reduce costs in operating within supply chains. All techniques will be implemented practically, and in addition, students will be exposed to an Enterprise Resource Planning tool. Issues addressed will include demand forecasting, inventory management, and optimisation of transportation flows. The unit is taught in lecture and laboratory formats and will, in addition, involve significant self instruction.

TPTM6200 Maritime Logistics

Credit points: 6 Teacher/Coordinator: Dr Ada Suk-Fung Ng Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: Introductory module (10%), group research project (group (30%), individual (10%)), ongoing quizzes (20%), individual case study report (30%)

The growth of international trade and the globalisation of production have considerably increased the impact of international and maritime logistics. Trade growth has resulted in a rapid increase of shipping value and tonnage led by containerized trade. Containers and intermodal transportation have improved the efficiency of global supply chains allowing for an efficient, quicker and more economical flow of cargo. This course is designed to familiarize students with the special characteristics of the maritime industry in general and the container shipping industry in particular. The course includes topics such as container flows shipping line operations, port operations, port competition, liner alliances, fleet management, liner routing and scheduling, intermodalism and port security.

TPTM6210 Reverse Logistics and Closed Loop SCM

Credit points: 6 Teacher/Coordinator: Alan Win Session: Classes: 2 x 3 hour lectures (same day) twice per week over 3 weeks. Refer to timetable for further details. Assessment: Individual assignment (35%), group project presentation and report (30%), final examination (35%)

Reverse logistics has become a process within supply chain management receiving increased focus as a result of: amplified consumer demand; pressure from environmental groups; the desire to create closed loop supply chain systems; political motivations; and, legislation. It is important when designing supply chains to view and analyse from a closed loop perspective. We operate in an increasingly global market with product and services being sourced internationally, all of which adds further complexity when considering from a reverse logistics and closed loop supply chain perspective. Increasingly, reverse logistics is becoming a differentiator when determining competitive advantage between like companies within an industry. This unit offers an in depth examination of concepts pertaining to reverse logistics and closed loop supply chain management then demonstrates how together they contribute toward building a strategically effective and operationally efficient organisation.

TPTM6224 Intelligent Transport & Logistic Systems

Credit points: 6 Teacher/Coordinator: Christopher Skinner Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: Individual reports (40%), group reports (20%), short-answer test (20%), individual essay (20%)

In this ever changing world, transportation and logistics professionals require knowledge and expertise of how advanced technologies can enhance the safety, security, sustainability and efficiency of their operations. This Unit of Study will provide knowledge and understanding of intelligent transport systems [ITS], intelligent vehicle systems (Telematics) and supply-chain and other intelligent logistic systems. The Unit includes closely related material on Information and Communications Technology [ICT], especially wireless communications cooperative mobility, location-based services and distributed information processing in advanced intelligent networks. Advanced sensor devices and interfaces are discussed with their strengths and limitations. Applicable modelling and analysis techniques are experienced in tutorial exercises and assignments. The Unit aims to prepare the student for a role in transport and logistics systems project design and performance assessment, including the ability to communicate effectively with specialist development agencies. Business case analysis and risk management are related to systems definition, development planning and execution. The Unit includes a visiting speaker and actual or virtual visits to Sydney transport and logistics control centres. Tutorial sessions discuss topical international transportand logistics projects and analyses from a systems perspectives.

TPTM6260 International Logistics

Credit points: 6 Teacher/Coordinator: Associate Professor Peter Lok Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: Individual assignment (25%), mid-term examination (15%), group assignment (20%), group class case study (10%), final examination (30%)

The trend toward an integrated global economy and global competitive arena is forcing companies to design products for the global market and to rationalise their production and distribution activities so as to maximise corporate resources. As a result, logistics in international operations has gained strategic importance. This unit takes a very strategic view of international logistics and deals with logistics from inland origin to final destination covering broad issues of system design and those associated with aspects of international transport, and location and distribution. It takes into account various issues in international operations such as differences in cultures, infrastructure, and transportation systems. The unit integrates concepts with examples of company practices in Australia and elsewhere. This unit does not assume any prior knowledge of logistics on the part of the student. As such it is useful for students studying International Business/International Law who may wish to gain a strategic overview of the role of logistics in international trade and commerce.

TPTM6310 Project Management in Supply Chains

Credit points: 6 Teacher/Coordinator: Dr Ada Suk-Fung Ng Session: Classes: 2 x 3 hour lectures (same day) every other week + 2 x 3 hour workshops. Refer to timetable for further details. Assessment: Mid-term examination (20%), individual project planning (30%), group project (group (30%), individual (10%)), laboratory workshops (10%).

Project management is an emerging management tool that can be applied to projects in various industries. This course focuses on project management skills with the application in logistics and supply chain projects. A combination of lectures and case studies will be used for demonstrating project management theories and strategies. Front-end planning is critical to project success. Planning consumes only a fraction of project monies yet locks in major decisions with profound ramifications for the whole of project life and the end results to the changes in supply chains. Project success is based on the ability of project managers to lead their teams to finish their project on time, on (or under) budget and to the specified quality. Therefore, practical knowledge of Microsoft Project, a software tool which is commonly used by project managers, will be covered to enhance practical skills on project planning and tracking.

TPTM6380 Retail Logistics Management

Credit points: 6 Teacher/Coordinator: Gareth Jude Session: Classes: 2 x 3 hour lectures (same day) every week over 6 weeks. Refer to timetable for further details. Assessment: In class quiz (1) (5%), individual essay (30%), in class test (2) (5%), group project (20%), group presentation (10%), final examination (30%)

Logistics management in retailing organisations is a critical activity. For many fast moving consumer goods retailing companies, logistics management is a major process in delivering customer value and containing operating costs. Typically retailers operate on low margins and as logistics costs are a large proportion of their total costs the topic is of extreme importance. This unit considers a number of related decision areas such as; the changing retail environment and its implications for logistics management; developing and implementing a merchandise strategy; sourcing and procurement; deciding upon store outlet numbers and their catchment locations, in-store format strategies; the role of customer service; and, customer communications decisions. For each of these key decision areas the implications for logistics is an important consideration. The unit will also present current approaches to information management and performance management and evaluation.

TPTM6390 Logistics in Humanitarian Aid Projects

Credit points: 6 Teacher/Coordinator: Jersey Seipel Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: Individual essay (30%), group report and presentation (30%), final examination (30%), participation in classroom discussion (10%)

Logistics in humanitarian aid projects has long been an overlooked factor in the efficient and effective delivery of help to victims of war, natural disasters and epidemics. With increased media coverage and the rise of the "CNN-factor" of humanitarian assistance to countries such as Sudan, Congo, Haiti, Afghanistan and Iraq, professional logistics and supply chain management for humanitarian aid missions has taken a place in the spotlight and is more and more recognised as one of the core components of all successful relief efforts. Unstable security environments, long and fragile supply lines, time constraints and access restrictions often add to the pressure on logistics managers to deliver aid where it is most needed. This unit offers an introduction into the complex and challenging world of logistics in humanitarian aid projects by case-studies of real emergencies, group exercises and discussion of mission parameters based on experience from the field.

TPTM6440 International Freight Transportation

Credit points: 6 Teacher/Coordinator: Frederic Horst Session: Classes: 2 x 3 hour lectures (same day) every week over 6 weeks. Refer to timetable for further details. Assessment: Take home examination (30%), individual paper (40%), group assignment (30%)

This unit seeks to give students an understanding of the dynamics of the express, air freight and shipping business. The course will discuss underlying drivers of international trade flows and the demand for capacity in different freight transport modes, as well as industry structure, regulatory environment and market access. Building on this background the course will highlight the implications for profitable air cargo and shipping operations. Particular focus will be given to fleet and network planning, revenue and cost management. The material covered in the course will take into account recent developments in global and regional economic activity and discuss implications for the various sectors of the air and seafreight businesses.

TPTM6470 Sustainable Transport & Logistic Systems

Credit points: 6 Teacher/Coordinator: Associate Professor Stephen Greaves Session: Classes: 2 x 3 hour lectures (same day) every other week. Refer to timetable for further details. Assessment: Individual homework exercise (25%), pop quizzes (3) (25%), team project with group and individual component (35%); team presentation with group and individual component (15%).

How can we accommodate the rapidly expanding movement of passengers and freight in a way that is environmentally and socially sustainable into the future? This unit introduces students to the major environmental issues that must be considered in contemporary transport and logistics operations including climate change, regional and local air pollution, noise pollution and safety. The focus then turns to specific modes, focusing initially on passenger transport, where we identify the major trends working against sustainability and the range of regulatory, behavioural, pricing, and voluntary strategies available to try to reverse these trends. We then introduce the notion of 'green' logistics and what regulators and companies can/should be doing to facilitate more sustainable practices in the shipment of freight. We then consider the issues/challenges around sustainable aviation and international shipping practice. Finally, we consider the critical issue of safety and what strategies have/could be employed to mitigate the impacts. Throughout the unit, we focus on what is going on in both the developed and emerging world nations, where the challenges are potentially on a different order of magnitude. The unit is of particular value to students majoring in transport, logistics, environmental planning, and urban planning.

TPTM6495 Analysis Tools for Transport & Logistics

Credit points: 6 Teacher/Coordinator: Matthew Beck Session: Classes: 1 x 3 hour lecture, 1 x 3 hour computer tutorial, every other week. Refer to timetable for further details. Assessment: In-class quizzes (15%), computer exam (30%), group assignment (25%), final examination (30%).

Quantitative analysis is a key activity in developing successful business strategies in the areas of transportation and logistics management. Successful business strategies are generally based on diverse forms of analysis on information collected from a wide range of sources. This unit of study provides an introduction to the theory and principles of quantitative analysis of transport and logistics markets through lectures, computer workshops, and practical assessments requiring the analysis of various types of data. Through classes and assessments designed to specifically teach students how to undertake quantitative research in a practical manner, students will be able to conduct their own quantitative analysis of transport and logistic market places. Additionally, students will acquire above average ability with MS Excel, a skill that is most desirable among employers.

WORK5003 Management and Organisations

Credit points: 6 Session: Classes: 1 x 3 hour seminar/tutorial per week Assessment: Case Study (20%); Essay (40%); Final 2hr exam OR Critical Reflection (40%); Academic Honesty Module (0%)

This unit aims to introduce students to the nature and context of management. It explores the functions and processes of management and encourages students to critically reflect on management theory and practice. It can be taken as a standalone unit for students enrolled in various specialist masters programs and also prepares students for further study in strategic management, organisational analysis and strategy and human resource management.

WORK6017 Human Resource Strategies

Credit points: 6 Session: Classes: 1 x 3 hour seminar/tutorial per week Assessment: Case study reports (30%), presentations (30%) and exam (40%)

This unit of study examines the theoretical foundations of strategic human resource management and then critically analyses the empirical evidence related to a range of HR strategies deployed in contemporary workplaces, both in Australia and internationally. In doing so, we will explore the issues underpinning emerging HR strategies, their implementation and the outcomes experienced within the organisation and the wider environment. The HR strategies studied will involve those that focus on managing a contemporary workforce and may include human resources strategies associated with: the management of front line workers, teams, non standard forms of employment, job quality and work-life balance, and gender and diversity at work, for example.

WORK6018 International Industrial Relations

Credit points: 6 Session: Classes: Intensive - 6 days, 10am - 5pm Assessment: Essay (40%), group seminar facilitation (20%), seminar participation and attendance (10%), in class test (30%)

This unit provides students with insights into the debate about the effect of globalisation on employment relations by using comparative analysis to identify the range of factors that account for similarities and difference in national patterns of industrial relations. The unit focuses on providing an understanding of the nature of industrial relations patterns in developed and developing market economies and invites students to compare a range of developments across these countries.

WORK6026 Organisational Change and Development

Credit points: 6 Session: Classes: 1 x 3 hour seminar/tutorial per week Assessment: assignment (50%), exam (50%)

This unit seeks to develop diagnostic and prescriptive skills in relation to the management of organisational change while also encouraging the adoption of a critical perspective of the field. Part 1 (Organisational Change and the Nature of Organisations) introduces the fields of organisational change, explains its relevance to organisation performance and strategy and examines key change management models. Part 2 (Diagnosis and Intervention) examines the utility of key organisational change models and techniques and identifies factors that may impact on the effectiveness of the change management process. Part 3 (Key Areas of Intervention) analyses the application of organisational change practices and initiatives to a number of specific organisational issues.

WORK6108 International Dimensions of HRM

Credit points: 6 Session: Classes: 39 hours in Intensive mode over 7 days Assessment: Readiness Assurance Tests (30%); Team strategy activities (20%); Critical reflective journal assignment (30%); Final strategy assessment (20%)

This unit considers the opportunities and challenges associated with managing people in international and cross-cultural contexts, with specific emphasis on international recruitment, selection, preparation, placement, management development, performance management, reward and remuneration. The unit considers the implications of internationalisation and globalisation for human resource management (HRM), the different levels of international business activity, the difference between domestic and international HRM, the challenges of cross-cultural management, models of cross-cultural management, and specific international HR processes, including selection, development, performance management, remuneration and repatriation. The unit provides students with a practical understanding of the issues and challenges associated with managing employees in international, global and cross-cultural contexts.

WORK6111 Management Consulting

Credit points: 6 Session: Classes: Three hours per week Assessment: Seminar Introduction (10%), Seminar Paper (30%), Seminar Participation (inc in-class exercise) (20%), Exam (40%)

This unit explores the role, influence and activities of management consultants in Australia and overseas. It examines management consultants as developers and disseminators of knowledge and practice and their role as change agents. The main management themes covered in the subject include: the consulting industry in Australia and overseas; consultant roles and the consultant-client relationship; consultants and organisational change; knowledge intensive firms and the management of expertise; the diffusion of management knowledge and fashion in a global economy; consulting as an occupation and career; managing a consultancy.

WORK6115 Managing Diversity at Work

Credit points: 6 Session: Classes: intensive: 6 days, 9am - 5pm Assessment: Group Facilitation Exercise (15%); Short individual essay (15%); Major assignment (40%); Exam (take-home) (30%)

This unit examines the ways in which organisations manage a heterogeneous workforce and the legal and ethical issues associated with the management of workforce diversity. While drawing on international literature in the field, the primary focus is on the Australian experience, including the so-called 'program' approach and the complaint mechanism found in the anti-discrimination statutes. As well as encouraging the development of diagnostic and prescriptive skills in diversity management, students also have the opportunity to develop a critical perspective on the growing literature in this field.

WORK6118 Managing Communication in Organisations

Credit points: 6 Session: Classes: 1 x 3 hour seminar/tutorial per week Assessment: Essay (35%), case studies (30%), exam (35%).

This unit of study is designed to introduce students to the theory and practical application of the management of communication in organisations. Advances in technology have had a dramatic impact on communication in recent years and this course will pay particular attention to the impact of these technologies and the implications for management. By the end of this course students will have a good understanding of organisational communications theory including a comprehensive knowledge of the differing styles, channels and content of communication. In addition, they will have a sound understanding of the technological channels available to manage communication and the associated benefits and challenges that this brings to contemporary organisations. A significant amount of the course will be devoted to practical applications of communication strategies including case study analysis and experiential learning using virtual discussion boards.

WORK6119 The Innovative Firm

Credit points: 6 Session: Classes: Intensive - 6 days 10-5pm Assessment: Case study reports (30%), presentations (30%) and exam (40%)

The aim of this course is to examine long run changes in the organisation and management of business enterprises. Against a background of an introduction of business history, the major themes to be covered include business strategy, marketing, employment relations, financing, governance and technology. While there is no precise chronological period, the main concentration will be on the growth of large-scale corporations from the nineteenth century to the present day. A major preoccupation of the course is to explore the factors that make an innovative firm. Some of these factors include the nature of the market, the regulatory environment, new technology and business leadership. The course will employ historical case studies and a comparative methodology and will also evaluate the way in which firms are classified as innovative by business and corporate historians.

WORK6130 Leadership in Organisations

Credit points: 6 Session: Classes: Intensive- 6 days 10-5pm Assessment: Essays (30%), case studies (30%) and exam (40%)

This unit of study is designed to encourage you to consider the role and significance of leadership in various organisational contexts. The unit introduces you to the major streams of leadership theory and traces the development of our understanding about leadership. We will explore how these theories allow us to understand leadership in practice and in what ways leadership is linked to different aspects of organisational effectiveness. We will examine the 'good, the bad, and the ugly' sides of leadership, e.g. positive forms (transformational, charismatic) and negative forms (narcissistic and Machiavellian). We will explore leading for diversity and diversity in leadership (e.g. based on gender, culture and ethnicity) and the role of leaders in constituting ethical and socially responsible organisations. The critical role of leaders in effecting organisational change will be explored and we will examine the leadership of top management teams, and leadership succession. We will also examine leadership development programs and instruments and you will have an opportunity to reflect on factors that might influence your own leadership style.

Course rules and resolutions

Master of Commerce

Graduate Diploma in Commerce

Graduate Certificate in Commerce

These resolutions must be read in conjunction with applicable University By-laws, Rules and policies including (but not limited to) the University of Sydney (Coursework) Rule 2000 (the 'Coursework Rule'), the Resolutions of the School, the University of Sydney (Student Appeals against Academic Decisions) Rule 2006 (as amended) and the Academic Board policies on Academic Dishonesty and Plagiarism.

Course resolutions

1 Course codes

Code	Course title
FC066	Master of Commerce
FF014	Graduate Diploma in Commerce
FG003	Graduate Certificate in Commerce

2 Attendance pattern

The attendance pattern for this course is full time or part time according to candidate choice.

3 Master's type

The master's degree in these resolutions is a professional master's course, as defined by the Coursework Rule.

4 Embedded courses in this sequence

(1)

The embedded courses in this sequence are:

(a)

the Master of Commerce

(b)

the Graduate Diploma in Commerce

(c)

the Graduate Certificate in Commerce

(2)

Providing candidates satisfy the admission requirements for each stage, a candidate may progress to the award of any of the courses in this sequence. Only the longest award completed will be conferred.

5 Admission to candidature

(1)

Available places will be offered to qualified applicants ranked on merit in accordance with the following criteria:

(a)

a bachelor's degree, graduate diploma, graduate certificate or equivalent qualification at an institution approved by the Business School and graded at a standard acceptable to the Business School; and/or where applicable:

(b)

relevant work experience requirements as determined by the Business School;

(c)

satisfaction of the English language requirements; and

(d)

any other minimum standards specified by the Business School.

6 Requirements for award

(1)

The units of study that may be taken for the course are set out in the Table of postgraduate units of study: Commerce.

(2)

To qualify for the award of the Master of Commerce a candidate must complete 72 credit points, including:

(a)

12 credit points of core units of study; and

(b)

a minimum of 12 and a maximum of 30 credit points of foundational units of study; and

(c)

a specialisation; and

(d)

a second specialisation; and/or

(e)

any additional elective units of study from the Commerce specialisations required to make 72 credit points in total.

(3)

To qualify for the award of the Graduate Diploma in Commerce a candidate must complete 48 credit points, including:

(a)

6 credit points of core units of study; and

(a)

18 credit points of foundational units of study; and

(b)

24 credit points of elective advanced units of study selected from any commerce specialisation subject area.

(4)

To qualify for the award of the Graduate Certificate in Commerce a candidate must complete 24 credit points, including:

(a)

6 credit points of core units of study; and

(b)

18 credit points of foundational units of study.

7 Specialisations

(1)

Completion of a specialisation is a requirement of the course. Candidates have the option of completing up to two specialisations. A specialisation requires the completion of at least one six credit point foundational unit of study and 24 credit points of advanced units of study chosen from units of study listed in the table for that specialisation. Advanced units of study counted towards one specialisation may not count toward any other specialisation completed. The specialisations available are:

(a)

Accounting

(b)

Banking

(c)

Business Information Systems

(d)

Business Law

(e)

Econometrics

(f)

Economics

(g)

Finance

(h)

International Business

(i)

Logistics and Supply Chain Management

(j)

Management and Organisations

(k)

Marketing

(l)

Quantitative Business Analysis

(m)

Quantitative Finance

(n)

Strategy and Innovation

(o)

Project Management

8 Course transfer

A candidate for the master's degree or graduate diploma may elect to discontinue study and graduate with a shorter award from this embedded sequence, with the approval of the Business School, and provided the requirements of the shorter award have been met. A candidate for the graduate certificate or graduate diploma may elect to upgrade to the master’s degree upon completion of a minimum of 24 credit points and graded at a standard acceptable to the School.

9 Transitional provisions

(1)

These resolutions apply to students who commenced their candidature after 1 January, 2012.

(2)

Candidates who commenced prior to 1 January, 2012 will complete the requirements in accordance with the resolutions in force at the time of their commencement, provided that requirements are completed by 1 January, 2017. The Business School may specify a later date for completion or specify alternative requirements for completion of candidatures that extend beyond this time.

University of Sydney Handbooks - 2013 Archive

The University of Sydney - Business School Handbook

Outline

Commerce

Overview of the courses

Course structures and progressions

Course requirements

Core units of study

Foundational units of study

Specialisations

1. Master of Commerce

2. Graduate Diploma in Commerce

Commerce internship

Professional accreditation program requirements

Australian Computer Society (ACS) accreditation

Professional accreditation in accounting

Progression guides

1. Master of Commerce

2. Graduate Diploma in Commerce

3. Graduate Certificate in Commerce

Commerce areas of specialisation

The University of Sydney Business School Commerce areas of specialisation:

Accounting

Banking

Business Information Systems

Business Law

Finance

International Business

Logistics and Supply Chain Management

Management and Organisations

Marketing

Project Management

Quantitative Business Analysis

Quantitative Finance

Strategy and Innovation

School of Economics (Faculty of Arts and Social Sciences) Commerce areas of specialisation:

Econometrics

Economics

Units of study for Commerce coursework programs

General information relating to unit of study offerings

Key to intensive unit of study offering sessions

1. Table of postgraduate units of study: Commerce coursework programs

Core units of study

Foundational units of study

Foundational units offered by the University of Sydney Business School:

Foundational units offered by the School of Economics within the Faculty of Arts and Social Sciences:

University of Sydney Business School specialisation subject areas

Accounting

Foundational unit of study

Elective units of study

Banking

Foundational unit of study

Compulsory units of study

Elective units of study

Business Information Systems

Foundational unit of study

Elective units of study

Business Law

Foundational unit of study

Compulsory unit of study

Elective units of study

Finance

Foundational unit of study

Compulsory unit of study

Elective units of study

International Business

Foundational unit of study

Compulsory units of study

Elective units of study

Logistics and Supply Chain Management

Foundational unit of study

Compulsory units of study

Elective units of study

Management and Organisations

Foundational unit of study

Compulsory unit of study

Elective units of study

Marketing

Foundational unit of study

Compulsory unit of study