Table of postgraduate units of study: Commerce

The units of study listed under the following subject areas are those available for the current year and were approved for each specialisation at the time of publication. 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 University of Sydney website (sydney.edu.au/courses) regularly as it contains the most up to date information on unit of study availability. Students should refer to the Business School website for timetabling information for each unit of study, which is currently offered.

Errata

Item	Errata	Date
1.	INFS6018 Managing Business Intelligence Sessions changed to: Available in Semester 1 and Semester 2	6/2/2018
2.	BUSS5001 Firms, Markets and Business Management Assessments changed to:Mid-semester test (25%); assignment (25%); final exam (35%); class participation (15%)	6/2/2018
3.	ACCT6010 Advanced Financial Reporting This unit will not be offered in the Intensive July session for 2018	11/4/2018

1. Core unit of study

Students enrolled in the Master of Commerce and Graduate Diploma in Commerce must complete the core unit of study listed in the following table in their first semester of study.

Students enrolled in the Graduate Certificate in Commerce may choose this unit as an elective for their course. Upon upgrade to the Graduate Diploma or Master's degree, students may then be required to complete the core unit listed for these courses if they have not already done so.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
BUSS5020 Business Insights	6		Semester 1 Semester 2

2. Foundational units of study

Students enrolled in the Commerce programs select foundational units of study as follows:

• Master of Commerce: 12 to 36 credit points (two to six units)
• Graduate Diploma in Commerce: 12 to 18 credit points (two to three units)
• Graduate Certificate in Commerce: 12 to 18 credit points (two to three units)

The available foundational units of study are listed in the following table:

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
ACCT5001 Accounting Principles	6		Semester 1 Semester 2
CLAW5001 Legal Environment of Business	6		Semester 1 Semester 2
ECON5040 Microeconomics for Business	6	N ECON5001	Semester 1 Semester 2
FINC5001 Capital Markets and Corporate Finance	6		Intensive January Semester 1 Semester 2
IBUS5002 Strategy, Innovation and Entrepreneurship	6	N IBUS5001	Semester 1 Semester 2
IBUS5003 Global Business	6	N IBUS5001	Intensive February Semester 1 Semester 2
INFS5001 Project Management	6	N INFS6014	Intensive January Semester 1 Semester 2
INFS5002 Digital Business Foundations	6	N INFS6001	Semester 1 Semester 2
ITLS5000 Foundations of Supply Chain Management	6	N TPTM6155 or TPTM5001	Semester 1 Semester 2
ITLS5100 Transport and Infrastructure Foundations	6	N TPTM6241 This is the foundation unit for all transport and infrastructure management programs and should be completed in the first period of study.	Semester 1 Semester 2
MKTG5001 Marketing Principles	6		Semester 1 Semester 2
QBUS5001 Quantitative Methods for Business	6	A Basic calculus; basic concepts of probability & statistics N ECMT5001 or QBUS5002	Semester 1 Semester 2
WORK5003 Management and Organisations	6		Semester 1 Semester 2

3. Capstone unit of study (Master's degree only)

Students enrolled in the Master of Commerce complete the capstone unit in the following table.

The capstone unit, BUSS6000, is completed in a student's final semester of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
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 72 credit points from PG study and part-time students will have completed a minimum of 84 credit points from PG study) Note: Department permission required for enrolment	Intensive January Intensive July Semester 1 Semester 2

4. Areas of Specialisation

Students in the Master of Commerce choose their specialisation/s and electives from the following subject areas.

Students in the Graduate Diploma and Graduate Certificate in Commerce select their elective units of study from the following subject areas.

Note: 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.

Accounting

The Accounting specialisation equips students with an in depth understanding of the current techniques and practices in accounting for use in an executive or managerial position. Students examine key issues relating to financial accounting, management accounting, decision making, audit and assurance, financial statement analysis, accounting systems, corporate governance, sustainability reporting, management control systems and international accounting. With its emphasis on understanding, analysing and interpreting financial and non-financial information for decision making, this specialisation qualifies students in the evaluation of the financial position and performance of companies and their accounting systems, governance and management controls. In addition to giving an important start to professional accreditation, this specialisation prepares students to work either locally or overseas, within an accounting practice or other public and private sector organisations. The Accounting specialisation provides students with strong technical, analytical and problem solving skills, while keeping abreast of contemporary accounting practice.

To be awarded a specialisation in Accounting, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study; and
2. 24 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
ACCT5001 Accounting Principles	6		Semester 1 Semester 2
Elective units of study
ACCT5002 Managerial Accounting and Decision Making	6	P ACCT5001	Semester 1 Semester 2
ACCT6001 Intermediate Financial Reporting	6	P ACCT5001 Note: Department permission required for enrolment	Intensive February Semester 1 Semester 2
ACCT6002 International Accounting	6	P ACCT6001	Semester 1 Semester 2
ACCT6003 Fundamental Analysis for Equity Investment	6	A QBUS5001 or QBUS5002 P ACCT5001 and FINC5001 ACCT6003 assumes knowledge of basic statistics and econometrics that are covered in QBUS5001/5002. ACCT6003 requires the analysis of data, transformations, understanding of distributions, expectations, variance, regression analysis, data graphing.	Semester 1 Semester 2
ACCT6006 Advanced Managerial Accounting	6	P ACCT5002	Semester 1
ACCT6007 Contemporary Issues in Auditing	6	P ACCT6001	Semester 1 Semester 2
ACCT6010 Advanced Financial Reporting	6	P ACCT6001	Intensive July Semester 1 Semester 2
ACCT6014 Designing Accounting Systems	6	P ACCT5001 Note: Department permission required for enrolment	Semester 1
ACCT6101 Special Topic in Accounting	6	Note: Department permission required for enrolment Department permission required for enrolment.	Semester 2

For details of the requirements for professional accreditation in accounting, please refer to Professional accounting accreditation.

Aviation and Maritime Management and Logistics

The Aviation and Maritime Management and Logistics specialisation equips students to pursue commercial and employment opportunities within all sectors of the rapidly growing aviation and maritime supply chain. Aviation management students develop an understanding of the economics of airline operations, airports and other aviation entities, and analyse the competitive strategy implications around the development of hubs and networks. Units in this specialisation examine airline strategies, business models, marketing, finance, strategic alliances, mergers and acquisitions, yield/cost management, forecasting, regulation, benchmarking, ancillary revenues, terminal management and cargo logistics, supply-chain management, distribution, international freight transportation, and environment issues. Our strategic partnership with the Centre for Aviation (CAPA) gives our students valuable access to industry databases, company information and aviation contacts and networks. The ports and maritime management area of study covers all aspects of global supply chains from producer, shipper, carrier, stevedore, public authority and investor perspectives. Students analyse the economics, logistics, management, financing, insurance, security and environmental impacts of international supply chains relating to bulk and containerised freight. Units cover industry concepts, quantitative techniques and management methodologies. Presentations by senior managers in the aviation and maritime industry enrich study in this field.

To be awarded a specialisation in Aviation and Maritime Management and Logistics, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit point in compulsory units of study; and
3. 18 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
ITLS5100 Transport and Infrastructure Foundations	6	N TPTM6241 This is the foundation unit for all transport and infrastructure management programs and should be completed in the first period of study.	Semester 1 Semester 2
Compulsory unit of study
ITLS6101 Global Freight Logistics Management	6	N TPTM6440	Semester 1
Elective units of study
IBUS6008 Export Management	6		Semester 2
ITLS6301 City and Ports Logistics	6		Summer Main
ITLS6400 Airline Strategy and Supply Chains	6	C ITLS6101 N TPTM6160	Semester 2
ITLS6401 Airport Management	6		Semester 1

Banking

The Banking specialisation provides a detailed examination of the workings of banks and related deposit-taking financial intermediaries in the context of the banking system in particular, and the financial system generally. The core units equip students with an in depth understanding of the structures and functioning of financial institutions, and issues related to banking in a contemporary, globalised economy. As well as developing essential skills and knowledge necessary for bank management, risk assessment and risk management, students are provided with a framework for the analysis and understanding of key aspects of corporate financial decision making, equipping graduates with a well-rounded qualification that is modern, in depth and competitive.

To be awarded a specialisation in Banking, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational unit of study;
2. 18 credit points in compulsory units of study; and
3. 6 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
FINC5001 Capital Markets and Corporate Finance	6		Intensive January 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 Fundamental Analysis for Equity Investment	6	A QBUS5001 or QBUS5002 P ACCT5001 and FINC5001 ACCT6003 assumes knowledge of basic statistics and econometrics that are covered in QBUS5001/5002. ACCT6003 requires the analysis of data, transformations, understanding of distributions, expectations, variance, regression analysis, data graphing.	Semester 1 Semester 2
CLAW6031 International Financial Crime	6		Semester 2
FINC6001 Intermediate Corporate Finance	6	P FINC5001	Intensive January Semester 1 Semester 2
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	P FINC5001	Semester 1 Semester 2
FINC6013 International Business Finance	6	P FINC5001	Semester 1
FINC6014 Fixed Income Securities	6	P FINC5001	Semester 2
FINC6016 Financial Instruments and Markets	6		Semester 2
FINC6017 Mergers and Acquisitions	6	P FINC5001 N ACCT6011	Semester 1
FINC6021 Corporate Valuation	6	P FINC5001	Semester 1 Semester 2
FINC6023 Financial Risk Management	6	P FINC5001	Semester 1
FINC6024 Real Estate Finance and Investment	6	P FINC5001	Semester 1

Big Data in Business

The Big Data in Business specialisation is designed to provide students with specialised training in the areas of big data and analytics in order to succeed and thrive in today's business world. The specialisation is comprised of units of study offered by the Disciplines of Business Analytics, Business Information Systems, Marketing and the Institute of Transport and Logistics Studies that specifically explore the application of big data, as well as for their focus and emphasis on dealing with big data, as well as associated analytical tools and technologies, to help solve real business problems and make effective business decisions.

To be awarded a specialisation in Big Data in Business, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational units of study
QBUS5001 Quantitative Methods for Business	6	A Basic calculus; basic concepts of probability & statistics N ECMT5001 or QBUS5002	Semester 1 Semester 2
Compulsory units of study
BUSS6002 Data Science in Business	6		Semester 1 Semester 2
Elective units of study
INFS6018 Managing Business Intelligence	6	A Understanding the major functions of a business and how those business functions interact internally and externally so the company can be competitive in a changing market. How information systems can be used and managed in a business. How to critically analyse a business and determine its options for transformation. (ii) Desirable Experience as a member of a project team.	Semester 1
INFS6023 Data Visualisation	6		Semester 2
ITLS6107 Applied GIS and Spatial Data Analytics	6	N TPTM6180 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
MKTG6001 Marketing Research Concepts	6		Semester 1
MKTG6018 Customer Analytics and Relationship Management	6		Semester 2
QBUS6810 Statistical Learning and Data Mining	6	P ECMT5001 or QBUS5001	Semester 1 Semester 2
QBUS6840 Predictive Analytics	6	P QBUS5001 or ECMT5001	Semester 1
QBUS6850 Machine Learning for Business	6	P QBUS6810	Semester 2
QBUS6860 Visual Data Analytics	6	A The unit assumes knowledge of statistics and confidence in working with data. P QBUS5001 or QBUS5002 Note: Department permission required for enrolment	Semester 2

Business Analytics

The Business Analytics specialisation enables students to master the tools of quantitative analysis and apply them in a business setting. This involves building models of business problems and analysing business data. In today's business environment, there are often great amounts of data available, but few people with the skills to realise its profit potential. This specialisation provides opportunities to apply sophisticated analytical approaches in many different functional areas, such as in accounting, marketing, finance and operations.

To be awarded a specialisation in Business Analytics, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study; and
2. 24 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
QBUS5001 Quantitative Methods for Business	6	A Basic calculus; basic concepts of probability & statistics N ECMT5001 or QBUS5002	Semester 1 Semester 2
Elective units of study
QBUS6310 Business Operations Analysis	6	P ECMT5001 or QBUS5001 or QBUS5002 N ECMT6008	Semester 2
QBUS6320 Management Decision Making	6	N ECOF6070 or ECOF5804 or ECMT6310 or ECMT5003	Semester 1 Semester 2
QBUS6810 Statistical Learning and Data Mining	6	P ECMT5001 or QBUS5001	Semester 1 Semester 2
QBUS6820 Business Risk Management	6	A Knowledge of basic probability theory and familiarity with spreadsheet modelling P ECMT5001 or QBUS5001	Semester 2
QBUS6830 Financial Time Series and Forecasting	6	A Basic knowledge of quantitative methods including statistics, basic probability theory, and introductory regression analysis. P ECMT5001 or QBUS5001	Semester 1
QBUS6840 Predictive Analytics	6	P QBUS5001 or ECMT5001	Semester 1
QBUS6850 Machine Learning for Business	6	P QBUS6810	Semester 2
INFS6018 Managing Business Intelligence	6	A Understanding the major functions of a business and how those business functions interact internally and externally so the company can be competitive in a changing market. How information systems can be used and managed in a business. How to critically analyse a business and determine its options for transformation. (ii) Desirable Experience as a member of a project team.	Semester 1

Business Economics

Through the Business Economics specialisation, students build a strong understanding of the economic analysis of business decision-making and the economic environment in which businesses operate. The specialisation covers core microeconomic principles with applications to business behaviour, and the analysis of theories explaining trends in critical macroeconomic variables including long-run economic growth, inflation and the exchange rate. The specialisation builds on these fundamental economic insights to give students a deep understanding of strategic business behaviour, of financial and foreign exchange markets, and of how government policy can influence and constrain business decision-making.

To be awarded a specialisation in Business Economics, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
ECON5040 Microeconomics for Business	6	N ECON5001	Semester 1 Semester 2
Compulsory units of study
ECON5002 Macroeconomic Theory	6	N ECON5003	Intensive January Semester 1 Semester 2
Elective units of study
ECON5004 Communication in Economics	6		Semester 1 Semester 2
ECON5006 Economics of Law and Public Policy	6		Semester 2
ECON5007 The Economics of Financial Markets	6	P ECON5001 or ECON5040	Semester 2
ECON5026 Strategic Business Relationships	6		Semester 2
ECON6008 International Money and Finance	6	P ECON5002	Semester 2
ECON6016 Trade and Development	6	P ECON5001 or ECON5002 or ECON5040	Semester 2
ECON6018 Environmental Economics	6	P ECON5001 or ECON5040	Semester 1
ECON6024 Private Equity	6	P ECON5001 or ECON5040	Semester 1
ECON6029 Health Economics and Policy Evaluation	6	P (ECON5001 or ECON5040) and ECMT5001	Semester 2
ECMT5001 Principles of Econometrics	6		Semester 1 Semester 2

Business Information Systems

The specialisation in Business Information Systems covers the application of modern digital technologies in the business domain. Students acquire the skills and techniques to carry out effective business analysis with a view to improving business operations through the application of business information systems. The specialisation also enables students to gain an understanding of the role of business information systems in facilitating business transformation and implementing digital business models in increasingly competitive market environments. Units of study in this area cover business process integration, enterprise systems, information governance, and business transformation.

To be awarded a specialisation in Business Information Systems, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study; and
2. 24 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
INFS5002 Digital Business Foundations	6	N INFS6001	Semester 1 Semester 2
Elective units of study
INFS6002 Strategic Information Systems Sourcing	6	A Basic business information systems knowledge	Semester 2
INFS6004 Business Transformation Projects	6	A Understanding the major functions of a business and how those business functions interact internally and externally so the company can be competitive in a changing market. How Information Systems can be used and managed in a business. How to critically analyse a business and determine its options for transformation. Desirable Experience as a member of a project team.	Semester 1
INFS6012 Enterprise Systems Management	6		Semester 2
INFS6015 Business Process Management	6		Semester 2
INFS6016 Technology Enabled Business Innovation	6	A INFS6004 and; Understanding the major functions of a business and how those business functions interact internally and externally so the company can be competitive in the market is essential in order to critically analyse how and where a business can be innovative. Some knowledge of how technology can be applied in a business is also essential. Experience as a member of a project team is desirable.	Semester 2
INFS6018 Managing Business Intelligence	6	A Understanding the major functions of a business and how those business functions interact internally and externally so the company can be competitive in a changing market. How information systems can be used and managed in a business. How to critically analyse a business and determine its options for transformation. (ii) Desirable Experience as a member of a project team.	Semester 1
INFS6023 Data Visualisation	6		Semester 2
INFS6032 Agile Project Management	6		Semester 2

Business Law

The Business Law specialisation enables students to develop a sound understanding of the impact of commercial law on business activity. Students learn to recognise potential legal problems and work in house on their solution, as well as identify when to seek expert advice and maximise interactions with the legal profession. The emphasis throughout the specialisation is on the legal problems likely to be encountered by graduates in their future careers. This specialisation adds value to any business graduate by providing a framework of legal knowledge. Business law has always been an important part of the professional education of accountants (the units are accredited for accounting purposes) and study in this area complements specialisations in other business or finance-related fields.

To be awarded a specialisation in Business Law, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
CLAW5001 Legal Environment of Business	6		Semester 1 Semester 2
Compulsory units of study
CLAW6002 Corporate Structures in Practice	6	P CLAW5001	Semester 1 Semester 2
Elective units of study
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
CLAW6030 China's Legal Environment for Business	6		Semester 1
CLAW6031 International Financial Crime	6		Semester 2
CLAW6032 Regulating Innovation and Distribution	6		Semester 2
CLAW6033 International Business Tax Strategy	6		Semester 1
CLAW6034 Commercial Property Law	6		Semester 1

Business Sustainability

The Business Sustainability specialisation allows students to tailor their focus on sustainability around a range of possible foci, including sustainable business growth, sustainable transport, energy, social sustainability and corporate environmentalism and the business implications of climate change. The Business Sustainability specialisation provides students with expertise to identify the risks to, and opportunities for, value creation given rapidly changing regulatory regimes, social attitudes and environmental challenges. An understanding of sustainability is therefore a key competency for successful business graduates in an era of significant regulatory and market change (e.g. carbon emissions pricing, sustainability corporate rankings, reputational risks).

To be awarded a specialisation in Business Sustainability, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;*
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study.

*Students can complete any available foundational unit of study to meet this requirement.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational units of study
Students can select any foundational unit for this specialisation.
Compulsory units of study
WORK6033 Organisational Sustainability	6	N ECOF6110 or CLAW6028	Semester 1
Elective units of study
IBUS6012 Business Innovation and Sustainability	6	A IBUS5002, or completion of at least 24 credit points	Semester 1
INFS6022 Systemic Sustainable Development	6	A Understanding the major functions of a business and how those business functions interact internally and externally so the company can be competitive in a changing market. How information systems can be used and managed in a business. How to critically analyse a business and determine its option for transformation. Desirable Experience as a member of a project team.	Semester 1
ITLS6008 Production and Operations Management	6	C ITLS5000	Semester 2
ITLS6103 Sustainable Transport Policy	6		Semester 1
PHYS5031 Ecological Econ and Sustainable Analysis	6		Semester 1
PHYS5032 Techniques for Sustainability Analysis	6	Minimum class size of 5 students.	Semester 1 Semester 2

Finance

The Finance specialisation provides students with an understanding of the complexities of modern risk management as well as the fundamentals and technical tools for all aspects of finance in a global setting. Units of study cover broking and market making, advanced asset pricing, portfolio theory and applications, derivatives securities, international business finance, fixed interest securities and financial statement analysis, as well as the applications of high level financial theory to understanding mergers and acquisitions and the international market.

To be awarded a specialisation in Finance, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
FINC5001 Capital Markets and Corporate Finance	6		Intensive January Semester 1 Semester 2
Compulsory units of study
FINC6001 Intermediate Corporate Finance	6	P FINC5001	Intensive January Semester 1 Semester 2
Elective units of study
CLAW6031 International Financial Crime	6		Semester 2
FINC6000 Quantitative Finance and Derivatives	6	A This unit requires students to have some background in calculus, matrices, statistics and probability. P FINC5001 N FINC5002	Semester 1 Semester 2
FINC6005 Advanced Asset Pricing	6	P FINC5001 or FINC5002 or FINC6000 Only students with strong quantitative/mathematical skills should attempt this course	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	P FINC5001	Semester 1 Semester 2
FINC6013 International Business Finance	6	P FINC5001	Semester 1
FINC6014 Fixed Income Securities	6	P FINC5001	Semester 2
FINC6015 Trading in Securities Markets	6	P FINC5001	Semester 2
FINC6016 Financial Instruments and Markets	6		Semester 2
FINC6017 Mergers and Acquisitions	6	P FINC5001 N ACCT6011	Semester 1
FINC6021 Corporate Valuation	6	P FINC5001	Semester 1 Semester 2
FINC6022 Behavioural Finance	6	P FINC5001	Semester 1
FINC6023 Financial Risk Management	6	P FINC5001	Semester 1
FINC6024 Real Estate Finance and Investment	6	P FINC5001	Semester 1
FINC6025 Entrepreneurial Finance	6	P FINC5001	Semester 1
FINC6101 Special Topic in Finance 1	6	P FINC5001 Note: Department permission required for enrolment	Intensive August
FINC6102 Special Topic in Finance 2	6	P FINC5001 Note: Department permission required for enrolment	Intensive August Intensive March

For details of requirements for CFA, please refer to Preparation for Certified Financial Advisor (CFA) Exams.

Infrastructure and Transport Management

The Infrastructure and Transport Management specialisation enables students to examine infrastructure and transport from a planning, policy, and management perspective. Major transport links and other key infrastructure such as electricity and communications networks involve multi dollar projects and it is therefore important to understand the travel demands of an economy, to carefully and strategically plan and assess new infrastructure requirements, and efficiently manage and maintain existing assets. In this specialisation students are provided with the theory and tools to be able to successfully plan, assess, manage, and finance large transport and infrastructure projects.

To be awarded a specialisation in Infrastructure and Transport Management, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points taken in Table A designated elective units of study;
3. 6 credit points taken in Table B designated elective units of study; and
4. 12 credit points in elective units of study taken from Tables A, B, or C.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
ITLS5100 Transport and Infrastructure Foundations	6	N TPTM6241 This is the foundation unit for all transport and infrastructure management programs and should be completed in the first period of study.	Semester 1 Semester 2
Elective units of study - Table A Infrastructure
ITLS6500 Decision Making on Mega Projects	6	C ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241 or INFS5001	Summer Main
ITLS6501 Infrastructure Financing	6		Winter Main
Elective units of study - Table B Transport
ITLS6101 Global Freight Logistics Management	6	N TPTM6440	Semester 1
ITLS6102 Strategic Transport Planning	6	C ITLS5200 or TPTM6495 N TPTM6350	Semester 2
ITLS6103 Sustainable Transport Policy	6		Semester 1
ITLS6107 Applied GIS and Spatial Data Analytics	6	N TPTM6180 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
Elective units of study - Table C Other elective options
ITLS5200 Quantitative Logistics and Transport	6	C ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241 N TPTM6495	Semester 1 Semester 2
ITLS6301 City and Ports Logistics	6		Summer Main

International Business

The International Business specialisation is designed to provide students with knowledge and skills relevant to the development, strategy and management of international business organisations and the institutional context for their development, growth and operation. The specialisation encompasses the broad domain of international business studies including multinational and transnational business activities, strategies and managerial processes that cross national boundaries, joint ventures and strategic alliances, mergers and acquisitions, and the interactions of international business organisations with their economic, political and cultural environments.

To be awarded a specialisation in International Business, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 12 credit points in compulsory units of study; and
3. 12 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
IBUS5003 Global Business	6	N IBUS5001	Intensive February Semester 1 Semester 2
Compulsory units of study
IBUS6001 International Business Strategy	6	C IBUS5003 N ECHS6008	Intensive February Semester 1 Semester 2
IBUS6002 Cross-Cultural Management	6		Semester 1 Semester 2
Elective units of study
ACCT6002 International Accounting	6	P ACCT6001	Semester 1 Semester 2
CLAW6007 Issues in Law and International Business	6	P CLAW5001	Semester 2
CLAW6030 China's Legal Environment for Business	6		Semester 1
CLAW6033 International Business Tax Strategy	6		Semester 1
FINC6013 International Business Finance	6	P FINC5001	Semester 1
IBUS6003 Managing International Risk	6		Semester 1
IBUS6004 International Business Alliances	6		Semester 2
IBUS6005 Ethical International Business Decisions	6		Semester 1
IBUS6006 Comparative International Management	6		Semester 2
IBUS6007 International Business Special Project	6	Note: Department permission required for enrolment	Semester 1 Semester 2
IBUS6008 Export Management	6		Semester 2
IBUS6018 Business Negotiations	6	Note: this unit requires participation in a number of negotiations. Preparation for these negotiations, which are a large part of the grade, will require time-pressured reading of material in class.	Semester 1 Semester 2
IBUS6019 Strategy and Emerging Markets	6		Semester 1
IBUS6020 Enterprise Management in China	6	N CHSC6902	Semester 1
IBUS6022 Business and Management in India	6		Semester 2
MKTG6013 International and Global Marketing	6	P MKTG5001	Semester 1 Semester 2

Logistics and Supply Chain Management

The Logistics and Supply Chain Management specialisation is designed for students who want develop careers in the fields of logistics and supply chain management, as well as for those currently working in these areas. The emphasis of this specialisation is on the operations and logistics functions in companies that source, produce, distribute and market nationally and internationally and the management of supply chains. Students are provided with a solid grounding in the concepts, techniques and principles that underlie logistics and supply chain management and discuss these issues from a managerial, practice-oriented perspective. Graduates develop skills in design and management of global supply chains, production planning and control, sourcing and supplier management, warehouse and inventory management, supply chain risk analysis, and logistics and supply chain implementation challenges facing Australian and international businesses.

To be awarded a specialisation in Logistics and Supply Chain Management, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study; and
2. 24 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
ITLS5000 Foundations of Supply Chain Management	6	N TPTM6155 or TPTM5001	Semester 1 Semester 2
Elective units of study
ITLS5200 Quantitative Logistics and Transport	6	C ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241 N TPTM6495	Semester 1 Semester 2
ITLS6002 Supply Chain Planning and Design	6	P ITLS5200 or TPTM6495 or STAT5002 C ITLS5000 or TPTM6495 N TPTM6190	Semester 1 Semester 2
ITLS6003 Contemporary Procurement	6	A Basic ability to work with Excel is assumed. C ITLS5200 or QBUS5001 N TPTM6400	Semester 1 Semester 2
ITLS6007 Disaster Relief Operations	6	N TPTM6390	Winter Main
ITLS6008 Production and Operations Management	6	C ITLS5000	Semester 2
ITLS6101 Global Freight Logistics Management	6	N TPTM6440	Semester 1
ITLS6107 Applied GIS and Spatial Data Analytics	6	N TPTM6180 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

Marketing

The Marketing specialisation offers exciting opportunities for research, theory and strategy in all aspects of business and organisation. The specialisation builds on basic marketing principles to give students leading edge knowledge in marketing strategy and planning. Various ways in which marketing influences business and its performance, including market research, communications, consumer behaviour, customer analytics and the development and marketing of new products, are critically examined.

To be awarded a specialisation in Marketing, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
MKTG5001 Marketing Principles	6		Semester 1 Semester 2
Compulsory units of study
MKTG6007 Consumer Behaviour	6	P MKTG5001	Semester 1 Semester 2
Elective units of study
CLAW6032 Regulating Innovation and Distribution	6		Semester 2
MKTG6001 Marketing Research Concepts	6		Semester 1
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	Intensive March
MKTG6006 Creative Communications in Marketing	6	P MKTG5001	Semester 2
MKTG6013 International and Global Marketing	6	P MKTG5001	Semester 1 Semester 2
MKTG6015 Digital and Social Media Marketing	6	P MKTG5001	Semester 2
MKTG6016 Brand Management	6	P MKTG5001	Semester 1
MKTG6018 Customer Analytics and Relationship Management	6		Semester 2
MKTG6020 Business Marketing	6	P MKTG5001	Semester 1
MKTG6104 The Psychology of Business Decisions	6	N MKTG5002	Semester 2

People, Management and Organisations

The specialisation in People, Management and Organisations encompasses the basic functions and processes of management whilst providing opportunities to focus on organisational behaviour, human resource management, organisational change, communication, sustainable business practice, diversity and industrial relations. Effectively managing people and organisational change are key attributes of successful businesses.

To be awarded a specialisation in People, Management and Organisations, students must complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study; and
2. 24 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
WORK5003 Management and Organisations	6		Semester 1 Semester 2
Elective units of study
WORK6001 Organisational Analysis and Behaviour	6		Semester 1
WORK6002 Strategic Management	6		Semester 1 Semester 2b
WORK6012 Industrial Relations Policy	6		Intensive October
WORK6017 Human Resource Strategies	6	Core unit for the MHRM and IR	Semester 1 Semester 2
WORK6018 International Industrial Relations	6		Semester 1
WORK6026 Organisational Change and Development	6		Semester 1
WORK6030 Performance and Rewards	6		Semester 2b
WORK6033 Organisational Sustainability	6	N ECOF6110 or CLAW6028	Semester 1
WORK6108 International Dimensions of HRM	6		Semester 2
WORK6115 Managing Diversity at Work	6		Semester 2a
WORK6116 Employment and the Law	6	This unit is not available for students enrolled in the Master of Labour Law Relations	Semester 1a Semester 2
WORK6118 Managing Communication in Organisations	6	N ECOF6030 or ECOF6040	Semester 1
WORK6120 Research Essay	6	Note: Department permission required for enrolment Available only to students who have achieved 75% or better in at least four WORK (or equivalent) units studied; and have the Discipline's permission to take the unit.	Semester 1 Semester 2
WORK6130 Leadership in Organisations	6	N ECOF5807 or ECOF6090	Semester 1

Project Management

The Project Management specialisation equips students to understand and apply established and new orientations of project-based work in organisations. Core skills involving ten knowledge areas from the Project Management Body of Knowledge (PMBoK, Project Management Institute) are developed as students are exposed to contemporary project management trends and challenges. By utilising theoretical and skills-based learning, the specialisation covers a range of project management approaches from structured (e.g. PMBoK, PRINCE2) to adaptive (e.g. Agile, Lean), across a variety of contexts. The specialisation includes the compulsory ‘Project Management in Practice’ unit, which emphasises how project management approaches are currently applied in industry.

To be awarded a specialisation in Project Management, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational unit of study
INFS5001 Project Management	6	N INFS6014	Intensive January Semester 1 Semester 2
Compulsory units of study
INFS6030 Project Management in Practice	6	P INFS5001 This is a compulsory unit for the Project Management Specialisation in the Master of Commerce program.	Semester 2
Elective units of study
IBUS6002 Cross-Cultural Management	6		Semester 1 Semester 2
INFS6004 Business Transformation Projects	6	A Understanding the major functions of a business and how those business functions interact internally and externally so the company can be competitive in a changing market. How Information Systems can be used and managed in a business. How to critically analyse a business and determine its options for transformation. Desirable Experience as a member of a project team.	Semester 1
INFS6032 Agile Project Management	6		Semester 2
ITLS6500 Decision Making on Mega Projects	6	C ITLS5000 or TPTM5001 or ITLS5100 or TPTM6241 or INFS5001	Summer Main
MKTG6004 New Product Development	6	P MKTG5001	Semester 1 Semester 2
QBUS6320 Management Decision Making	6	N ECOF6070 or ECOF5804 or ECMT6310 or ECMT5003	Semester 1 Semester 2
WORK6118 Managing Communication in Organisations	6	N ECOF6030 or ECOF6040	Semester 1

Quantitative Finance

The Quantitative Finance specialisation is designed for students who want to apply quantitative methods of analysis within a financial context. The specialisation introduces many of the theoretical and analytical tools that are important in modern finance. Students learn techniques for analysing financial data and also the skills needed to build and use models for financial forecasting and decision making. There is an emphasis on spreadsheet methods that can be applied in practice.

To be awarded a specialisation in Quantitative Finance, students complete 36 credit points in units of study from the following table, comprising:

1. 12 credit points in foundational units of study;
2. 12 credit points in compulsory units of study; and
3. 12 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational units of study
FINC5001 Capital Markets and Corporate Finance	6		Intensive January Semester 1 Semester 2
QBUS5001 Quantitative Methods for Business	6	A Basic calculus; basic concepts of probability & statistics N ECMT5001 or QBUS5002	Semester 1 Semester 2
Compulsory units of study
FINC6000 Quantitative Finance and Derivatives	6	A This unit requires students to have some background in calculus, matrices, statistics and probability. P FINC5001 N FINC5002	Semester 1 Semester 2
QBUS6830 Financial Time Series and Forecasting	6	A Basic knowledge of quantitative methods including statistics, basic probability theory, and introductory regression analysis. P ECMT5001 or QBUS5001	Semester 1
Elective units of study
FINC6005 Advanced Asset Pricing	6	P FINC5001 or FINC5002 or FINC6000 Only students with strong quantitative/mathematical skills should attempt this course	Semester 1
FINC6009 Portfolio Theory and its Applications	6	P FINC5001 or FINC5002 or FINC6000	Semester 2
FINC6014 Fixed Income Securities	6	P FINC5001	Semester 2
FINC6023 Financial Risk Management	6	P FINC5001	Semester 1

Strategy, Innovation and Entrepreneurship

The Strategy, Innovation and Entrepreneurship specialisation focuses on creativity and innovation in strategy formulation and on the importance of formulation being complemented by a strong capability in strategy execution. These factors are investigated in both entrepreneurial and corporate settings. Elective units cover topics such as opportunity identification and business start-ups, managing growth, business restructuring, business negotiations, social entrepreneurship, managing change, management consulting and the nature of innovative organisations.

To be awarded a specialisation in Strategy, Innovation and Entrepreneurship, students complete 30 credit points in units of study from the following table, comprising:

1. 6 credit points in foundational units of study;
2. 6 credit points in compulsory units of study; and
3. 18 credit points in elective units of study.

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Foundational units of study
IBUS5002 Strategy, Innovation and Entrepreneurship	6	N IBUS5001	Semester 1 Semester 2
Compulsory unit of study
WORK6002 Strategic Management	6		Semester 1 Semester 2b
Elective units of study
BUSS6505 NEXT Innovation	6	P Completion of 48 credit points with a WAM of 65% N BUSS6509 or BUSS6510 Note: Department permission required for enrolment	Semester 1 Semester 2
CLAW6032 Regulating Innovation and Distribution	6		Semester 2
IBUS6007 International Business Special Project	6	Note: Department permission required for enrolment	Semester 1 Semester 2
IBUS6011 New Business Opportunities and Startups	6	A IBUS5002, or completion of at least 24 credit points N IBUS5011 or WORK6112	Semester 1 Semester 2
IBUS6012 Business Innovation and Sustainability	6	A IBUS5002, or completion of at least 24 credit points	Semester 1
IBUS6013 Business Restructuring and Renewal	6	A IBUS5002, or completion of at least 24 credit points	Semester 2
IBUS6015 Entrepreneurship and Innovation Project	6	C IBUS5002 Note: Department permission required for enrolment All students need to apply for permission to enroll in this unit. Students enrolled in the Graduate Certificate of Innovation and Enterprise, where this unit is core, should note that they are enrolled in this course as their reason for applying for permission to enroll in this unit.	Intensive December Intensive February Intensive January Intensive July Intensive March Semester 1 Semester 2
IBUS6016 Social Entrepreneurship	6	A IBUS5002, or completion of at least 24 credit points	Semester 2
IBUS6018 Business Negotiations	6	Note: this unit requires participation in a number of negotiations. Preparation for these negotiations, which are a large part of the grade, will require time-pressured reading of material in class.	Semester 1 Semester 2
IBUS6023 Engaged Entrepreneurship Projects	6	P IBUS5002 Note: Department permission required for enrolment	Intensive December Intensive February Intensive January Intensive July Semester 1 Semester 2
WORK6026 Organisational Change and Development	6		Semester 1

5. Other elective units of study available to students in the Commerce coursework programs

Unit of study	Credit points	A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition	Session
Business School elective units of study (general electives)
BUSS5001 Firms, Markets and Business Management	6	N ECON5001 or ECON5002 or ECON5003 or ECOF5010	Semester 1 Semester 2
BUSS6505 NEXT Innovation	6	P Completion of 48 credit points with a WAM of 65% N BUSS6509 or BUSS6510 Note: Department permission required for enrolment	Semester 1 Semester 2
Work Integrated Learning (WIL) units of study
(i) Industry Placement Program (IPP) units of study
BUSS6500 Industry Placement	6	P 48 credit points with a minimum credit average (65%) N ECOF6500 Note: Department permission required for enrolment Permission is required to enrol in this unit. Contact the Careers and Employability Office for details: business.placements@sydney.edu.au.	Intensive August Intensive March Semester 1 Semester 2
BUSS6503 USA Industry Placement This unit of study is not available in 2018	6	P 48 credit points with a minimum credit average (65%). Students enrolled in the Master of International Business may apply on completion of 24 credit points with a minimum credit average (65%). Note: Department permission required for enrolment Permission is required to enrol in this unit. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/industry_placement_program.	Intensive August Intensive February Intensive July Intensive March
BUSS6504 Europe Industry Placement	6	P 48 credit points with a minimum credit average (65%) Note: Department permission required for enrolment Permission is required to enrol in this unit. Contact the Careers and Employability Office for details: business.placements@sydney.edu.au.	Intensive July
BUSS6506 China Industry Placement	6	P 48 credit points with a minimum credit average (65%). Note: Department permission required for enrolment Permission is required to enrol in this unit. Contact the Careers and Employability Office for details: business.placements@sydney.edu.au.	Intensive December Intensive March
BUSS6511 South America Industry Placement	6	P 48 credit points with a minimum credit average (65%) Note: Department permission required for enrolment Permission is required to enrol in this unit. Contact the Careers and Employability Office for details: business.placements@sydney.edu.au.	Intensive July
(ii) Community Placement Program (CPP) units of study
BUSS6508 Community Placement Program (Intensive)	6	P 48 credit points with a minimum credit average (65%) N BUSS6507 Note: Department permission required for enrolment Permission is required to enrol in this unit. Further information and application process is outlined at http://sydney.edu.au/business/study/opportunities/community_placement_program.	Intensive August Intensive February Intensive January Intensive March
Dissertation units of study
BUSS7000 Business Dissertation A	12	P 48 credit points of prior study in the Master of Commerce program with a grade average of at least 80%. Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS7001 Business Dissertation B	12	P 48 credit points of prior study in the Master of Commerce program with a grade average of at least 80%. Note: Department permission required for enrolment	Semester 1 Semester 2
BUSS7002 Business Dissertation	24	P 48 credit points of prior study in the Master of Commerce program with a grade average of at least 80%. Note: Department permission required for enrolment	Semester 1 Semester 2