Areas of specialisation
Students choose their specialisation/s and electives from the following subject areas.
In relation to these areas of specialisation, please note the following:
- The units of study listed 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, FINC6001 cannot be counted towards both a Finance and Banking 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 enrolled in the Master of Commerce and Master of Logistics Management cannot complete a specialisation in Logistics and Supply Chain Management for the Commerce component of their combined degree.
- Students enrolled in the Master of International Business and Master of Commerce cannot complete a specialisation in International Business for the Commerce component of their combined degree.
(i) Areas of specialisation - University of Sydney Business School
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.
* Not offered for 2013.
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.
* Not offered for 2013.
Refer to the 'Units of study for Commerce coursework programs' section 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 Sourcing
- INFS6004 Business Transformation Projects
- INFS6012 Enterprise Systems Management
- 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
- INFS6021 Information Governance
- INFS6101 Information Systems Research A
- INFS6106 Information Systems Research B
* Not offered for 2013.
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.
* Not offered for 2013.
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.
* Not offered for 2013.
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:
- IBUS5003 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
- WORK6035 Global Rewards.*
* Not offered for 2013.
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
- TPTM6400 Strategic and Operational Procurement
- TPTM6440 International Freight Transportation
- TPTM6470 Sustainable Transport and Logistic Systems
- TPTM6495 Analysis Tools for Transport and Logistics.
* Not offered for 2013.
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 Digital and Social Media Marketing
- MKTG6016 Brand Management
- MKTG6017 Retail Marketing *
- MKTG6018 CRM-Customer Relationship Management *
- MKTG6020 Business Marketing
- MKTG6103 Services Marketing
- MKTG6104 The Psychology of Business Decisions.
* Not offered for 2013.
People, Management and Organisations
To be awarded a specialisation in People, 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) four elective units of study (24 credit points), selected from the following:
- WORK6001 Organisational Analysis and Behaviour
- WORK6002 Strategic Management
- WORK6003 People, Management and Technology *
- WORK6008 Research Tools at Work*
- WORK6011 Negotiation, Bargaining and Advocacy*
- WORK6012 Industrial Relations Policy
- WORK6017 Human Resource Strategies
- WORK6018 International Industrial Relations
- WORK6022 Special Topic in WOS*
- WORK6026 Organisational Change and Development
- WORK6027 Writers on Management*
- WORK6030 Performance and Rewards
- WORK6031 Recruitment and Selection*
- WORK6035 Global Rewards*
- WORK6103 Gender and Work*
- WORK6108 International Dimensions of HRM
- WORK6109 Unions at Work*
- WORK6111 Management Consulting
- WORK6114 Health and Safety at Work*
- WORK6115 Managing Diversity at Work
- WORK6116 Employment and the Law
- WORK6117 Managing HR and Knowledge Systems
- WORK6118 Managing Communication in Organisations
- WORK6119 The Innovative Firm
- WORK6120 Research Essay
- WORK6121 Founders of Enterprise*
- WORK6130 Leadership in Organisations.
* Not offered for 2013.
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) one compulsory unit of study (6 credit points), as follows:
- INFS6030 Project Management in Practice
(iii) three elective units of study (18 credit points), selected from the following:
- IBUS6002 Cross-Cultural Management
- INFS6004 Business Transformation Projects
- 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.
Strategy, Innovation and Entrepreneurship
To be awarded a specialisation in Strategy, Innovation and Entrepreneurship, students complete five units of study (30 credit points), comprising:
(i) one foundational unit of study (six credit points) as follows:
- IBUS5002 Strategy, Innovation and Entrepreneurship.
(ii) one compulsory advanced unit of study (six credit points) as follows:
- WORK6002 Strategic Management
(iii) three elective units of study (18 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
- WORK6026 Organisational Change and Development
- WORK6111 Management Consulting
- WORK6119 The Innovative Firm.
(ii) Areas of specialisation - School of Economics (Faculty of Arts and Social Sciences)
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*.
* Not offered for 2013.
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.#
* Not offered for 2013.
# Enrolment in this unit of study requires permission from the Postgraduate Coordinator in the School of Economics.