Economics underlies all business decisions, from pricing to product development, to negotiations, to understanding the general economic environment. This unit provides an introduction to economic analysis with a particular focus on concepts and applications relevant to business. This unit addresses how individual consumers and firms make decisions and how they interact in markets. It also introduces a framework for understanding and analysing the broader economic and public policy environment in which a business competes. This unit provides a rigorous platform for further study and a major in economics as well as providing valuable tools of analysis that complement a student's general business training, regardless of their area of specialisation.

This unit is designed to consolidate students' knowledge and skills in business while conducting an industry placement. The unit is structured around three assessed tasks which are designed to allow students to demonstrate their ability to apply and synthesise business concepts in a practical business setting. During the placement, students may be involved in a variety of different industry and client-based projects, which will afford the opportunity to apply business skills and theories from prior learning. This will provide firsthand experience of how these skills and theories can support the solving of business problems in a practical business context, identifying opportunities, developing strategies and designing processes, procedures and management practices in order to enable an organisation to fully realise its competitive potential. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program

This unit is designed to further consolidate students' knowledge and skills in business while conducting an industry placement. The unit is structured around assessed tasks which are designed to allow students to demonstrate their ability to apply and synthesise business concepts in a practical business setting. During the placement students may be involved in a variety of different industry and client-based projects, which afford the opportunity to apply business skills and theories from prior learning. This provides firsthand experience of how these skills and theories support the solving of business problems in a practical business context, identifying opportunities, developing strategies and designing processes, procedures and management practices in order to enable an organisation to fully realise its competitive potential. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program

Topics will vary from semester to semester according to staff availability and the presence of visitors.

In this unit students confront a real-world challenge facing a particular industry, sector or organisation. This problem is pre-defined based on the competition at hand. Through this unit, students are required to exercise business knowledge and critical thinking and demonstrate outstanding oral and written communication. Success in this unit reflects students¿ ability to thrive in intense but ambiguous work environments and identify novel solutions that reflect their overall business acumen.

In this unit, students work with business data and relevant stakeholders to provide a business solution to a strategy challenge facing an organisation. Students are given some guidance in relation to the problem set and are expected to demonstrate initiative in appraising the stakeholder landscape, conducting independent strategy analysis, and delivering a commercially relevant and implementable solution. Success in this unit reflects students¿ ability to work in ambiguous environments, outstanding oral and written communication, and practical application of business knowledge to develop real world solutions.

In this unit, students work with business data and stakeholders in an international context. Students are expected to provide a business solution to a strategy challenge facing the organisation, which is sensitive to the organisation¿s national and international market context. Students are expected to demonstrate an awareness of the stakeholder landscape, independent analysis and critical thinking, and solutions that are commercially and practically relevant to the organisation. Success in this unit reflects students¿ ability to work across multiple international contexts and cultures, outstanding oral and written communication, and knowledge of an international business context.

This unit is an immersion program that allows students to work on real-world issues faced by organisations, governments and markets. Students apply their business knowledge to understand, recommend and reflect on issues and challenges cognisant of the global dynamics within which they work. Students are expected to apply their cultural competence, research and collaborative skills as well as their critical thinking in completing projects of strategic, social or operational importance to industries, or various types of organisations.

This unit will be taken by students accepted into the University of California Washington DC (UCDC) Winter Program while they undertake a professional placement with a business, government, non-government or media organisation. It will include preparatory coursework in reflective, professional practice and concurrent coursework on research methods, report and other professional writing skills. Assessment will include a learning journal, research essay, and oral presentations all based on the internship placement and study abroad experience. A Pass/Fail 'Learning Contract' will be developed in the first two weeks of your internship in order to provide clear guidelines for your internship learning goals/objectives (knowledge, skills and values); strategies for achieving these goals; intended output; self and supervisor assessment criteria. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program

This unit will be taken by students accepted into the University of California Los Angeles (UCLA) Winter Program while they undertake a professional placement with a business, government, non-government or media organisation. It will include preparatory coursework in reflective, professional practice and concurrent coursework on research methods, report and other professional writing skills. Assessment will include a reflective journal, research essay, and oral presentations all based on the placement and study abroad experience. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program

This unit will be taken by students accepted into the Sciences Po Summer Program while they undertake a professional placement with a business, government, or international organisation. It will include preparatory coursework in reflective, professional practice and concurrent coursework on research methods, report and other professional writing skills. Assessment will include a reflective journal, research report, and an oral presentation, each based on the placement and study abroad experience. (As a part of the Sciences Po Summer Program, students will engage in an in-depth study of the European Union, including its current financial difficulties, and French language tuition.) Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program

This unit is designed to consolidate students' knowledge and skills in social enterprise while conducting a community-based project placement. The unit is structured around three assessed tasks which are designed to allow students to demonstrate their ability to apply and synthesise business concepts while engaged in practical business development. During the community placement, students may be involved in a variety of projects, which afford the opportunity to apply business skills and theories from prior learning. This provides firsthand experience that demonstrates how these skills and theories can support the solving of business problems in a practical business and community-engaged context, identifying opportunities, developing strategies and designing processes, procedures and management practices in order to enable a community project to fully realise its mission. Assessed tasks are designed to allow students to demonstrate their ability to apply and synthesise social business concepts while engaged in practical business development.

This unit is taken by students accepted into the China Placement Program while they undertake a professional placement with a business or government organisation in China. It includes preparatory coursework in reflective, professional practice and concurrent coursework on report and other professional writing skills. Assessment will include a reflective journal, research essay, and oral presentations all based on the placement and study abroad experience. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program.

This unit will be taken by students accepted into the Bachelor of Commerce Chile Industry Placement Program who will undertake a professional placement with a business or a government or nongovernment organisation that has a particular focus on business interests. It will include preparatory coursework in reflective, professional practice and concurrent coursework on research methods, report and other professional writing skills. Assessment will include a reflective journal, research report related to their work placement, and oral presentations all based on the internship placement and international work and study experience. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program

The unit covers a range of statistical models and methods for analysing quantitative actuarial data in general insurance. Both maximum likelihood estimation and Bayesian estimation methods are adopted for statistical inferences with the use of modern software tools such as the R and OpenBUGS packages. Topics covered include probability distributions for actuarial modelling, claim size modelling, claim frequency modelling, loss reserve forecasting, pure premium calculation, premium rates reviewing and revising (credibility theory), linear and generalised linear models, Poisson process and Markov process in actuarial modelling. Upon the completion of this unit and other relevant business analytics units, students may undertake professional examinations for actuaries or may get exemptions in some professional examination papers.

This unit is designed to consolidate students' knowledge and skills in business while conducting an internship in industry. The unit is structured around three assessed tasks which are designed to allow students to demonstrate their ability to apply and synthesise business concepts in a real world setting. During the internship, students may be involved in a variety of different industry and client-based projects, which will afford the opportunity to apply business skills and theories from prior learning. This will provide firsthand experience of how these skills and theories can support the solving of business problems in a real business context, identifying opportunities, developing strategies and designing processes, procedures and management practices in order to enable an organisation to fully realise its competitive potential. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program

The aim of this unit is to allow undergraduate students to participate in an interdisciplinary group project, working with one of the University's industry and community partners. Students will work in teams on a real-world problem provided by the partner, applying their disciplinary expertise and gaining valuable experience in working across disciplinary boundaries.
In working on authentic problems, students will encounter richly contextualized issues, that will require input from people with a variety of disciplinary backgrounds and experiences. Developing solutions to complex problems requires students to work effectively in interdisciplinary groups.
The unit will provide the opportunity for students to integrate their developing knowledge and experience, and apply them in circumstances of the kind they can expect to encounter in professional life. Interdisciplinary group work will provide the opportunity to build the skills to work across disciplinary, cultural and/or professional boundaries.

Everyone working in business needs to understand and manage risk. This unit provides the basic knowledge and tools needed to do this. It includes material on the risk management strategies that every business needs, as well as specific quantitative and statistical techniques for evaluating risk. Through this unit students learn how different aspects of risk management fit together (like Value-at-Risk (VaR) and tail-VaR calculations, Monte-Carlo simulation, extreme value theory, individual and collective risk models, credibility theory and credit scoring).