Courses: BS Business

BUSN1000 Economics
In this course you will study those aspects of microeconomics and macroeconomics that will be useful in your business career. You will examine the way in which individual households and firms make business decisions; the way in which individual markets work; the way in which taxes and government regulations affect the operation of individual markets; the way in which the National Accounts measure macroeconomic variables; and the way in which macroeconomic variables oscillate and grow over time. You will become acquainted with notions such as the laws of demand and supply, the elasticity of demand, perfect competition, monopolistic competition, oligopoly, monopoly, producer and consumer surplus, market efficiency, externalities, Gross Domestic Product, the CPI, the multiplier, fiscal policy, and monetary policy.

BUSN1020 Foundations of Financial Advice
In this foundation course, students will be introduced to the scope, depth and breadth of the financial planning discipline. In the course, students will examine the various aspects of financial planning, the financial planning process and the steps and approaches necessary to providing that ethical advice in a professional manner and the regulatory framework in which the financial planning profession operates.

BUSN1030 Quantitative Methods for Business
In this course students explore quantitative and statistical concepts and tools commonly used in business. Students will apply these tools to common business problems and recommend actions to enhance a positive business position or to assist in recovery of a negative business position.

BUSN1040 Life Insurance and Risk Management
This course introduces students to the concepts of personal risk management as they apply to retail clients and considers the participants, products and regulation within the insurance industry. The principles underpinning policy documentation, underwriting, risk appraisal and pricing are also covered so students learn to design insurance products according to a client’s recommendation.

BUSN1050 Business Communication
The course covers key aspects of research, written and verbal communication in academic and business contexts, and works to develop communication skills necessary for effective participation in group learning activities and collaborative projects.  The course also introduces an understanding of ethics in theory and business practice.

BUSN1060 Business Information Technology
This course is designed to provide students with a business oriented theoretical knowledge of key areas of ICT, such as hardware, software, networks, the Internet, security, business systems and databases. It also provides practical skills development in relation to file management, spreadsheets, databases and other software applications in order help students understand how software can be used to solve business problems.

BUSN1070 Superannuation Foundations
This course examines superannuation and retirement planning.  Students will examine current legislation and policy in Australia and their development since 1983. Of particular focus is the self-managed superannuation funds that are a feature of the present superannuation environment. Students will examine the issues and processes that surround the creation and operation of these funds. In addition, the content of the course forms a base for further consideration of the context of retirement income policy for self-funded retirees.

 

BUSN1080 Investment Planning
In this course students will analyse investment management in the financial planning context. Both the theoretical underpinnings of a client’s possible products and portfolios and the practical creation and management of that portfolio are examined in detail. Students will also examine financial markets, savings mechanisms, institutions and instruments available for clients and advisors. The analysis will include considerations of the macroeconomic environment as it affects financial plans including the relationship between interest rates, debt securities and the issues related to direct or indirect investments, managed funds and the equity market.  

BUSN1110 Accounting for Business
This is an introductory course that provides students with the skills necessary to understand and evaluate the business environment and the role that accounting plays in the evaluation of business performance. The course adopts a financial statement user/business management orientation, addressing issues relevant to managing business organisations and understanding financial statements. A primary objective is to develop the student’s abilities to critically analyse and evaluate issues in the context of accounting and management in business organisations.

BUSN1200   Principles of Finance
Pre-requisite: BUSN1000 Economics
This course provides an introduction to institutions, markets and securities that form the basis of modern financial and monetary systems. The course is concerned with decision making for trading of financial instruments and the macroeconomic, microeconomic and institutional environments in which these decisions take place. BUSN1030 Quantitative Methods for Business is normally a prerequisite for this course.

BUSN1220   Principles of Marketing
Marketing is a major force in business and society, influencing everyone’s life in many ways. As well as the many products and services supplied to help us in our daily lives, firms often need to market ideas, events, and even people. Marketing is both an essential practical process, and corporate philosophy that has been adopted by a wide range of businesses, service companies, as well as non-profit organizations worldwide. This course will not only expose you to the fundamental marketing concepts being used within a range of industries, but also provide a clear insight into how these concepts relate to the "real" world.

BUSN1600 Principles of Management
This course provides a sound introduction to management and the functions of an organisation. It examines both the classical and contemporary theories of management and organisation behaviour. In so doing, the course considers motivation, controlling, planning, decision making, control and theories of power, politics, corporate culture and in the context of small and large businesses and entrepreneurial ventures. The intention is to provide the student with a broad base of understanding of general principles of management from which they can choose to specialise.

BUSN2000   Events Management
Pre-requisite: BUSN1600 Principles of Management
The prime objective of this course is to provide students with a detailed understanding of the processes and practices involved in events management, from the genesis of an idea to conducting the event. Subsidiary objectives include providing students with skills in: critically evaluating an idea, developing a realistic business plan; sourcing finance; managing personnel (especially volunteers); risk management in areas of legal/financial/insurance/social/media etc. Practical outcomes for students include the development of a reference portfolio and a real events management plan from inception to execution. The portfolio will be compiles through materials provided to them and their own research. Students teams will also work with local organisations to develop ideas into events management plans, the presentation of which will form part of their assessment.

BUSN2010 Microeconomic Theory and Policy
In this course students will be taught to think like an economist. Various microeconomic problems will be considered using consumer choice theory, inter-temporal consumer choice theory, consumer choice theory with uncertainty, asymmetric information theory, bounded rationality and judgement bias, the theory of the firm and game theory. The primary goal is to instill in the students a disposition to see the world around them in economic terms.

BUSN2020 Macroeconomic Theory and Policy
In this subject you will study the various concepts, tools and models of macroeconomics. You will analyse the nature, causes and economic consequences of unemployment, economic growth, financial instability, trade imbalances and inflation, and you will assess the desirability of monetary, fiscal, income and exchange rate policies. The course is especially suitable for those students who are interested in applying theory to solve practical problems

BUSN2050 Integrated Marketing Communications
Pre-requisite: BUSN2520 Consumer Behaviour
Media planning provides a practical link between marketing theory and real life media planning activities.
Media Planning is a practical course where students have to design, plan, and research and then evaluate a media campaign for a real life product or service. This course lends itself to an intensive course structure where students work in groups as a project.
This course concentrates on analysing how to design and deliver an effective media plan in an increasingly competitive, crowded and noisy marketplace. It will cover all aspects of the media mix - TV, radio, print and the Internet.
This course provides a link between marketing courses and media courses and forms a core part of the Degree in Marketing and Public Relations.

BUSN2060 Intermediate Mathematics for Economics and Finance
This course introduces the students to the mathematical tools that are used on a daily basis within the economics and finance disciplines, including multivariable calculus, constrained optimisation, set theory and matrix algebra.

BUSN2070 History of Austrian Economics
Pre-requisite: BUSN1000 Economics
This course aims to acquaint students with key developments in the history of Austrian economics. It begins by considering the wider intellectual climate in which the ideas of Austrian economists emerged in the late nineteenth century. It then examines in more detail the economic thought and economic policy prescriptions of leading Austrian economists in the late nineteenth and twentieth centuries, including Carl Menger, Eugene von Böhm Bawerk, Friedrich Wieser, Joseph Schumpeter and Friedrich von Hayek. The ideas of prominent economists who embraced the Austrian tradition, such as Knut Wicksell and Lionel Robbins, will also be canvassed. The final section of the course considers more recent developments associated with the so-called Austro-American school as an alternative way of understanding the operation of the market economy.

BUSN2080 Topics in Economics
This course is being offered as part of the economics major within the School of Business. It aims to introduce students to a range of topics that have been instrumental in the evolution of economics and that continue to exercise in many instances a substantial influence on contemporary economic theory and policy. The focus will be theoretical, historical and methodological. Topics offered will reflect the research interests of staff and will be selected from the following: the Church Fathers and Scholastic Economic Thought; the Philosophers and Pamphleteers; Pre-classical Economic Thought; Benthamite Utilitarianism and Nineteenth Century Philosophic Radicalism; Classical Economic Thought; Developments in Neo-classical Economic Theory;  Austrian capital and trade cycle theories; the Formalist Revolution of the 1950s; Law and Economics; the Chicago School; Knowledge in Economics; Public Choice theory; and Austrian-American Economic Thought. The course is divided into lectures and seminars. The course is essentially a reading course, with private study the major coursework component apart from a research paper that each student must prepare. Students will be expected to make extensive use of reading materials. One research paper must be presented in a summarised, preliminary (not necessarily complete) form in the second half of the course by each student.

BUSN2090 Professional Writing
Pre-requisite: BUSN1050 Business Communication, BUSN Introduction to Public Relations
The course will concentrate on producing a high level of written material, with a focus on writing for the media, whether this be the news media, or "third-party" media, such as public blogs, wikis and web sites. It will develop enhanced skills in all areas of public relations writing and provide a context in which public relations writing can be understood and applied across a wide range of material, including media releases, newsletter articles, brochures, speeches and copy for electronic and online media. Part of its focus is on writing tools useful for uncontrolled (new) media. The course also addresses corporate requirements such as reports, proposals, submissions and speeches. Students will be reminded of the importance of grammar, spelling and punctuation and introduced to the best-practice writing styles and the variety of communication tools used by PR practitioners.

BUSN2110 Managerial Accounting
This course builds on the introductory principles of management accounting and introduces students to additional managerial accounting concepts and techniques. Students are introduced to the collection and reporting of cost accounting data in support of the decision making process. The generation and application of decision-useful financial and non-financial information is examined across a range of sectors. It focuses on the role of the management accountant in controlling and analyzing business performance to provide a basis for management decisions and value creation for stakeholders.

BUSN2130 Human Resource Economics
The course provides students with an introduction to the economic analysis of human resources as a critical component of business management. The course is significantly different to the traditional field of labour economics and also principles of HR in that it seeks to blend the two disciplines by combining traditional HR issues with high level economics concepts to give students an integrated outcome. Students begin with study topics from the traditional field of labour economics including labour demand, labour supply and human capital theory. These models help us understand issues relating to educational choices and also recruitment and employment outcomes. Students then examine in detail material from the more recent field of personnel economics surrounding the recruitment and management of personnel. Topics include signaling, screening, retention and labour turnover, organisational and job design, and the role of economic incentives in influencing performance.  The final part of the course provides an overview of the Australian labour market and looks at key challenges and trends facing the Australian labour market. Students will be required to have an understanding of key labour market indicators primarily through the use of Australian Bureau of Statistics data.

BUSN2140 Tax Planning
Pre-requisites: BUSN1020 Foundations of Financial Advice
This course explores implications of tax legislation previously studied in the foundation course as it applies to the preparation of financial planning advice. Students examine relevant case law, legislation, and simulated examples to identify specific implications of the taxation regime. Areas studied include fundamental income tax principles, income and capital gain tax, implications for various asset classes, source, residency and derivation, and taxation of individuals, partnerships and companies.  

BUSN2150 Financial Accounting A
This course provides a foundation for those who wish to specialize in accounting and finance. It provides students with the skills required to complete the steps in the accounting cycle, from transaction identification and recording through to the preparation of financial statements. It examines the relationship between financial statements and the various presentation formats for financial statements.  The requirements of current Australian accounting standards are considered in the context of financial statement preparation.

BUSN2160 Financial Accounting B
This course provides a more detailed understanding of the preparation, presentation and use of financial statements, with a primary focus on external financial reporting for companies/reporting entities. The requirements of current Australian accounting standards are applied to a range of financial statement elements, providing the student with a comprehensive and up to date understanding of key relevant issues in financial accounting. The application of these standards in corporate accounting practice in Australia is examined.

BUSN2170 Estate Planning
This course introduces students to Australian estate planning. Effective financial planning deals with matters while the client is alive but also enables the client to prepare for asset distribution after death. Students explore theoretical and practical issues of the estate planning process. Key areas of estate planning including wills, powers of attorney, trusts (including testamentary trusts), distribution of estate assets and the tax implications of the deceased estate, death aspects of financial products, and business succession planning will be examined in detail.

BUSN2180 Business to Business
In this course you will learn about the most prolific area of e-Commerce on the Internet, business-to-business (B2B). The B2B field includes e-Commerce activities between businesses, such as manufacturers, intermediaries, business consumers and governments The course covers:     the major characteristics, models and services of B2B.     Company-Centric e-Markets.   Exchanges, or e-Marketplaces     e-Services     Auctions     Global Markets, Strategy and Future .

BUSN2190 Advanced Investment Planning
Pre-requisites - BUSN1080 Investment Planning 
Building on the base developed in the earlier investment planning course, students will develop advanced analytical skills needed in financial planning. Concepts of present and future values are examined in detail and their implications in preparing financial plans. Cash flow implications of particular investment products for clients with different needs will be examined in a variety of settings and circumstances, as are market timing, fund performance, and behavioural finance. The relationship between risk and return under strategies for portfolio diversification will also be further developed.

BUSN2200 Managerial Finance
Pre-requisite: BUSN1110 Accounting for Business, BUSN1030 Quantitative Methods for Business
This course examines the theory of finance and investment, the environment in which the theory is to be applied, methods of analysis and the finance and investment decisions which must be made in the corporate sector. It is designed for those students needing a solid foundation in their understanding of business finance and investment, and its main objective is to provide an understanding of the sources of finance and the ways in which it may be invested. The course examines factors influencing capital expenditure decisions; valuation approaches; the formulation of the capital structure; capital market environment; working capital and liquidity control; treasury function and goals; investment decisions; and corporate securities and pricing. Included in this examination is a consideration of asset pricing models and portfolio theory.

BUSN2220 Advanced Financial Planning
Pre-requisite: BUSN1080 Investment Planning
This course amalgamates skills and knowledge needed by financial planners. Previous courses focused on particular aspects of planning but in this course students create their first comprehensive client-focused financial plan. Key steps for preparing financial plans are re-visited and applied for diverse client circumstances. Students will also examine case studies exploring more complex applications of process and legislation.

BUSN2230 Margin Lending
Pre-requisites: BUSN1080 Investment Planning
Margin lending is a class of financial options designed to allow clients to expand their investment portfolio. This course will equip students with specialist knowledge and technical skills to provide legally compliant advice to clients on margin lending facility products encompassing both standard margin lending facilities and non-standard margin lending facilities. The course will also examine risks of using a margin lending facility product. Case studies will be used to highlight issues of margin lending. A further key component involves creation and management of a simulated margin lending portfolio where students document a strategy and then manage the simulated portfolio over an extended period.

BUSN2300 Business Information Technology
This course is designed to provide an understanding of how and why information technology (IT) is used and can be useful in a business environment. The focus of this understanding is from a business perspective rather than that of a specialist in IT. The course also provides opportcourseies for students to examine new and emerging technologies and IT issues, such as IT legislation, mobile telecommunications, IT ethics/privacy/copyright/software licencing/open source software, and the impact of these on business now and in the future.

BUSN2340 Employment Law
This course deals with the legal principles and statutes that govern employment.  It examines the nature of the legal framework surrounding the employer-employee relationship, employment contracts, restraints in employment, discrimination, dispute resolution, termination and occupational health and safety.  Both theory and case law are examined to enable students to apply legal requirements to HR policy and practice.

BUSN2350 The Economics of Financial Crises
This course surveys the various economic theories that have been employed to explain the major financial crises that have occurred through history. Each economic theory is illustrated by tracing the mechanics of a specific financial crisis. The financial crises that are examined include the Tulip Mania of 1636-7, the South Sea Bubble of 1720, the Glasgow Bank Crisis of 1878, the Melbourne Bank Runs of 1893, the Wall Street Crash of 1929, the U.S. Bank Runs of 1931-33, the 1974 Failures of the Franklin National and the Herstatt Banks, the 1987 Stock Market Crash and the NASDAQ Crash of 2000.

BUSN2400 Business Law
This course introduces students to the theory and practice of law as it relates to business practice.  This course provides students with an overview of the Australian legal system and gives a general introduction to areas of law including torts, contracts, property law and employment law.

BUSN2450 Taxation
Pre-requisites: BUSN111 Accounting for Business
This course provides an introduction to income taxation legislation and practice in Australia.  It focuses on the assessment of income and deductibility of expenditure, the treatment of capital gains and losses, fringe benefits and other related legislation. It considers the assessment provisions from the perspective of individuals, partnerships, companies and trusts.

BUSN2520 Consumer Behaviour
Consumer Behaviour investigates why people buy things, their motivations and their decision making processes behind their actions.  The course explores the influences consumers are impacted by, such as their belief systems, cultural traditions, and the "power" of peer or family pressures.  The course also discusses personality types, emotional states, purchasing habits and post purchase behaviour and how these also influence a consumers' behaviour.    

BUSN2580 Introduction to Public Relations
This course provides an introduction to Public Relations. Through case study analysis and practical work, students experience public relations problem-solving and planning, with some of the work focusing on the use of communication tools including social media. The course also examines the history of PR, ethics, research, strategic planning, media relations and theory of communication.

BUSN2660   Employment Relations
The prime objective of the course is to provide students with a knowledge of the major theories and approaches of industrial relations and the significant parties eg unions, arbitral tribunals and management. The legislative framework in Australia is both unique and flexible and reflects changing political approaches.  Since the 1990s changes has reduced the role of the industrial relations institutions and shifted the focus to collective bargaining and employee outcomes at the workplace.  The origins and strategies for industrial conflict and its resolution is both a cause for and an effect on the employment relationship. 

BUSN2730   Principles of Human Resource Management
This course provides students with an understanding of the strategic focus of Human Resource Management (HRM) as applied to business outcomes for organisations. It explores how organisations select, evaluate, compensate and develop employees.  The study provides strategic focus to employee selection, staff development, performance management and employee remuneration within a legal framework.

BUSN3010   International Business
International business comprises of the commercial activities of individuals, corporations and governments that cross international boundaries. The study of international business involves the identification, analysis and resolution of managerial issues within the context of firms operating in the international and global environment.  The course progresses from the basic concepts underlying international trade to the special challenges that globalisation has for business enterprises.

BUSN3020 Leadership: Theory and Practice
This course introduces students to leadership theories and concepts; examining the evolution of leadership in scholarship and its practice in organisational settings. The course focuses on the impact of leadership on individuals, on organisations and on society. Students review case studies that highlight different leadership situations and then reflect on their own understanding and application of leadership in practice.

BUSN3070 Business in Asia
Pre-requisite: BUSN1600 Principles of Management
The course will examine the importance of the Asia-Pacific Region in the context of the global economy. The course will apply selected concepts and theoretical frameworks of international business to the Asia-Pacific region. Asian firms will be examined with specific attention on the diversity of management cultures and systems in the region. The course will include guest lectures from practitioners in different industry sectors with an emphasis on exporting to, and establishing businesses in Asia.

BUSN3100 Managerial Accounting and Control
Pre-requisites: BUSN1110 Accounting for Business
This course considers how management accounting information is generated and used to support an organisation’s strategic objectives. Students are introduced to strategy formulation and how management accounting information can influence behaviour. It examines how data and management information is collated and refined to become strategic business intelligence. It provides students with an understanding of the tools and practices being developed in the rapidly-growing market for business intelligence. It also considers the potential commercial advantage to enterprises that exploit new information flows and use these to perform predictive analyses.

BUSN3110 Accounting for Corporate Entities
Pre-requisite: BUSN2160 Financial Accounting B
This advanced course examines accounting for corporate entities in some depth and builds extensively on previous work undertaken in BUSN2100. Topics considered include an examination of accounting for various forms of Investment, specifically business combinations, consolidations (including direct and indirect minority interests), equity accounting and accounting for joint venture enterprises. Other relevant topics include a broad understanding of accounting and disclosures for financial instruments, foreign exchange transactions (including rudimentary hedge transactions), related parties, segment reporting, lease accounting and share-based payments. Access to the various attributable A-IFRIS accounting standards form a backdrop to an understanding of these topics.  In addition to weekly problem-based assignments, the course also incorporates a reasonably extensive case-based assignment, using published information from Australian listed entities. This course is a requirement for those wishing to progress their studies through the ICAA, CPAA or NIA professional programs.

BUSN3120 Advanced Accounting Concepts
Pre-requisite: BUSN2160 Financial Accounting B
This course covers some of the more complex accounting concepts within both a theoretical and applied context. Students are introduced to different accounting theories and how accounting regulation has evolved over time. The course examines and evaluates both the derivation of the fair value concept and its application to topics such as accounting for financial instruments, derivatives, agriculture and mining.
The principal focus of this course is on practicality and applicability. Not only does it identify the requirements of the current accounting standards for the selected topics, but it provides students with an opportunity to consider their application in the context of global accounting trends and possible future changes.

BUSN3130 Auditing
Pre-requisites: BUSS2110 Managerial Accounting, BUSN2160 Financial accounting B, BUSN2400 Business Law
This course introduces students to the principles and practice of modern auditing. It examines the company audit process, the role and responsibilities of auditors, the regulation of audit performance and of user expectations. Major topics include an examination of audit planning, the concepts of materiality and audit risk, evaluation and testing of internal controls, substantive testing of transactions and balances, audit sampling and reporting by auditors. The emphasis will be on the practical application of theory and the development of critical thinking skills. The central theme is the audit of a limited company from initial engagement to the issue of the opinion. This course is a requirement for those wishing to progress their studies through the ICAA, CPAA or IPA professional programs.

BUSN3140 Human Resource Development
This course examines the role and function of Human Resource Development (HRD) in organisations. The course covers theories that underpinning training, learning and career development, as well as strategic learning and development issues that arise from the contemporary business environment. The strategic potential of HRD to address skills shortages and to contribute to longer term workforce planning is also examined.

BUSN3180 e-Public Relations (e-PR)
To a large extent, the nature of how we communicate has changed little since the days of the ancient Greeks. However, one thing has changed – the methods we use and the speed at which PR professionals have to respond. The rapidly-changing technology of communication and how it is applied in PR is addressed. Students will apply knowledge of communication theory (and the effective targeting of specific publics) to produce strategic campaigns underpinned by pieces of writing for targeted publics, using various forms of modern media. A communications audit approach will be used to determine the communications to be developed, and tools to be used. Appropriate skills and strategies will be applied in a campaign context. Outcomes will include the development of media kits, with an emphasis on social media and the use of on-line tools and channels.

BUSN3200 Corporate Finance
This course builds on corporate financial concepts covered in earlier managerial finance courses by expanding concepts in corporate financing, investing and risk management. The course examines current theories of corporate financing and the presentation of relevant tools and techniques to facilitate financial decision making.

BUSN3230 Services Marketing
Pre-requisite: BUSN2050 Integrated Marketing Communications
The Services sector now forms the larger part of most modern economies.  The increasingly competitive nature of the marketplace requires a new emphasis on the marketing of services as diverse as accounting, banking, hairdressing, insurance, consultancy's and real estate.  The course focuses on the fact that services and professional services, differ significantly from other forms of business, requiring a distinctive approach to marketing strategy development.  The importance of understanding service organisations in their own terms is emphasised so that marketing goals and strategies can be tailored accordingly.  This course is current and relevant to the needs of all modern  service providers.

BUSN3260 International Finance
Pre-requisite: BUSN1200 Principles of Finance, BUSN2200 Managerial Finance
International Finance deals with financial policy decisions in an international environment. Topics covered include the international financial environment, foreign exchange risk management, and global financing and investment.

BUSN3270 Financial Statement Analysis and Valuation
Pre-requisite: BUSN2200 Managerial Finance
This course provides a framework for using financial statement data in business analysis and valuation contexts.  The course focuses on the process of business strategy analysis, accounting strategy analysis, financial analysis and the valuation of public and private companies. Students also reflect on contemporary valuation techniques and apply them to case studies.

BUSN3290 Mediation and Dispute Resolution
This course introduces the student to the skills that are required within a conflict situation.  The conflict situation may be resolved within mediation.  It deals with the role of a mediator in mediation and mediation within the alternative dispute resolution spectrum. 

BUSN3320 Aged Care Planning
Pre-requisites: BUSN2220 Advanced Financial Planning
With the changing age demographic of the Australian population the need for financial planning for older people has become more critical. This course explores key drivers of aged care financial advice in Australia and will equip   students with knowledge and capabilities required to provide competent advice in the growing and changing aged care market. Students will examine asset planning with a variety of time frames and life conditions. Students will also build on knowledge of behavioural investment through and examination of emotional investing, a significant factor in financial planning for older clients.

BUSN3340 Succession Planning
Pre-requisites: BUSN2220 Advanced Financial Planning
In this course students examine concepts and issues related to succession planning, particularly in family owned/managed businesses. Students explore legal implications of succession plans, processes that managers undertake, and agreements required to implement a successful succession plan. Students will be required to draft succession plans to meet a variety of financial situations including sole traders, companies and partnerships to identify tax and welfare transfer issues.

BUSN3350 Issues and Crisis Management
Pre-requisite: BUSN3370 Corporate Public Relations
This course examines the theoretical framework of issues and crisis management and analyses relevant local and international case studies.  In doing so it aims to equip students with the knowledge and strategic skills required to implement strategies to manage public relations or corporate reputation during a crisis.  There is a focus on identifying potential internal and external issues, researching and writing a crisis communications plan, responding to a crisis, implementation of media strategies and evaluation of the organization's reputation after the crisis.  Students play a crucial role in this field and students will examine how the media acts as a catalyst in the process.

BUSN3360 Self-Managed Superannuation Funds
Pre-requisites: BUSN1070 Superannuation Foundations
Students will examine the legislative structure under which SMSFs operate, the technical skills to provide advice to clients on forming an SMSF and the obligations and responsibilities of trustees. Time will be committed to the methods and frequency of contributions to a SMSF and the permitted investment available to a SMSF within the superannuation and tax legislation. Finally, students will examine withdrawals from a SMSF in the form of pensions and bulk withdrawals. Estate planning implications of an SMSF will also be examined together with the process to wind up a SMSF.

BUSN3370 Corporate Public Relations
This course examines the place of public relations in the management of an organisation. The course addresses internal communication (up, down and across an organisation) and external communication with government bodies and other significant publics (including investors and activists).

BUSN3380 Advanced Economics
This course is the capstone course in the economics major offered within the School of Business. It introduces the students to the leading theoretical models deployed in the discipline of economics. Both microeconomic and macroeconomic models are considered. Introductory economics, intermediate microeconomics and intermediate macroeconomics are pre-requisites.  

BUSN3390 Econometrics
Pre-requisite: BUSN1000 Economics, BUSN1030 Quantitative Methods for Business
This course is compulsory within the economics major offered within the School of Business. It introduces the students to the main statistical and econometric techniques deployed on a daily basis within the disciplines of economics and finance. Students who have completed this course will be sufficiently versed in econometric techniques to enter an honours program in economics.

BUSN3400 Company Law
This course aims to enable students to understand the underlying principles of the law regulating companies. Topics include the characteristics of a company, particularly as compared with other business structures; the national cooperative scheme and the role of the Australian Securities Commission and other Federal Government regulatory authorities; the effect of incorporation; the corporate constitution; the company's relations with outsiders; share and loan capital; regulation of public fund raising; duties of company directors, officers and promoters; members' rights and obligations including minority shareholder protection; regulation of takeovers; issues related to corporate insolvency such as receivership and liquidation, particularly as they affect creditors.

BUSN3420 Intergenerational Wealth Planning
Pre-requisites: BUSN2170 Estate Planning
This course equips students with specialist knowledge and technical skills to develop a comprehensive inter-generational wealth plan incorporating a range of products and strategies to meet needs and expectations of multiple generations of a client or client organisation. The issue of intergenerational wealth planning is driven by the aging demographic in Australia and the significant increase in personal wealth by a large proportion of people, driven largely by the shift from a manufacturing economic base to one of services and investment. This course will examine methods and structures needed to deal with clients in a variety of circumstances and the differing motivation that clients (the givers) have toward members of the next generation (the receivers), their objectives and desires.

BUSN3430 Derivatives
Pre-requisites: BUSN2170 Estate Planning
Derivatives are a class of investment that offer a different method to manage investment risk when compared to traditional conservative investment options that carry a higher risk. In this course students explore derivatives as tools used to construct a risk/return profile for clients at different life or financial stages. Students will also examine methods for calculating potential yields of derivative products and the risks associated with that investment.

BUSN3440 Media Planning and Buying
The Media Planning and Buying course develops an understanding and knowledge of the media industry, theoretical principles and models available for consideration in planning media strategy. It also provides students an opportunity for practical applied experience in the media planning, media costing, budgeting, allocating budget across media vehicles and evaluating media plan effectiveness commensurate with planned marketing, communication and media objectives. Key content areas include advantages and disadvantages in the media mix, media vehicle selection, reach, frequency, scheduling, audience measurement, media plan effectiveness, media costing, media budgeting and media buying as related to traditional and to new media technologies.  This course is beneficial to students interested in marketing, advertising and/or media oriented career paths.

BUSN3500   Strategic Marketing
This course covers strategies in marketing and, in line with current thinking, it has some orientation towards the global marketplace. Students will learn that effective strategies can only be developed if a thorough knowledge is obtained of the changing product market environment and the relevant needs of different customer segments. In order to ensure that students become fully involved with a strategic marketing plan, a project, using a team approach, is required to develop a plan for an actual company, club or other organisation that provides a product or services to the public.

BUSN3540 International Marketing
Pre-requisite: BUSN3500 Strategic Marketing
This course is designed to familiarise students with the fundamental concepts of International Marketing and give them the working skills to enable them to undertake an opportunity analysis for any product wanting to be marketed in the international arena. The course analyses the multiple environments of international business.

Topics include the effect on the marketing strategy of political, legal, economic, social, competitive and technological conditions in various markets; international market entry; product, pricing, distribution and promotion strategies; exporting and importing, international marketing organisation and control.

BUSN3600 Strategic Management
Pre-requisite: BUSN1110 Accounting for Business, BUSN1600 Principles of Management
This Course will result in you being able to know and do strategic management. Knowing provides you with the concepts and techniques of strategic management. This is achieved through lectures, workshops and reading the ideas of practitioners and academics. Doing requires your participation in the analysis of case studies and the submission of work for assessment.

BUSN3680 Change Management
The course examines a range of change theories and models in the context of organisations. The change management process will be considered in detail to explore planned and unplanned change in an organisation and how change can support organisational strategy, goals and future states. The course will also consider the roles of leaders and managers as initiators and supporters of change, plus tools to measure and evaluate change.

BUSN3690   Innovation and Entrepreneurship
This course examines the processes whereby certain organisations achieve high levels of creativity and innovation. It looks at the relationship between innovation and entrepreneurship with particular reference to technology based companies.  The course provides students with a framework for analysing business factors involved in innovation and entrepreneurship, and how to manage an innovative organisation. It enables students to understand a range of practical business applications and provides dimensions of discovery and critical thinking that can convert innovative ideas into viable sustainable business reality.  The course has the potential to provide an understanding of the scope for innovation and entrepreneurship.   It provides the theoretical constructs and practical methods of implementation necessary to create a successful new venture. Extensive use is made of case studies including the analysis of the entrepreneurial characteristics of a number of new start-ups, existing small to medium enterprises SME’s and major organisations.

BUSN3700   Human Resource Policy
This course examines the role and functions of HR policy.   It explores how HR policy can be used strategically in organisations and how it can help shape and define organisational culture, as well as ensuring that legal and ethical obligations are met.   Students will learn how to research, develop and write policy documents covering a wide range of HR issues.

BUSN3740   Strategic Workforce Issues
This course covers a variety of pertinent and evolving workplace issues which are researched, analysed, developed and workshopped.  Workplace culture and structure provides the basis for emotional intelligence, bullying, casualisation, decruitment, absenteeism, grievances, dismissal, remuneration, outsourcing, and bargaining. This Course provides opportcourseies for students to examine, research and draw from practical situations and thereby provide workable outcomes in the contemporaneous HRM setting.  The Course examines relevant HRM workplace issues for students to gain a theoretical and practical understanding of current workforce issues impacting on the modern workplace.

BUSN3900  Business Internship
Pre-requisite: Minimum of 300 credit points
Business Practicum:    This phase allows students to apply the skills and knowledge gained in phases 1 and 2 and to gain relevant workplace experience in their field of specialisation under the supervision of professionals. The practicum will generally be completed in a subsequent summer or winter break for a minimum of 150 hours.  Although assistance in the placement process is provided by the Internship Coordinator it is each student’s responsibility to find an appropriate practicum placement which meets the objectives of that student’s specialisation. All practicum placements must be approved by the Internship Coordinator.

BUSN3910 Directed Research Topic
This subject enables students to select and analyse an approved issue within one of the Business disciplines (Accounting, Economics, Finance, Human Resource Management, Management, Marketing, Public Relations or  Sport and Recreation). To fulfill the requirements of the course, students must select and refine an area of research interest, negotiated with the supervisor on an agreed research topic, present a research proposal for approval, conduct the research, and then write and submit a detailed research report.

BUSN3990 Social Media
Social media is integral to communications in most organisations.  It has transformed the way companies market their business, products and/or services, contact and inform their customers and stakeholders and build relationships. The course is designed to equip students with the knowledge and skills to become confident and ethical social media communicators. Students will have the opportcoursey to interact with a range of social media as they explore online, mobile and locative platforms.

Graduate Courses

500 LEVEL COURSES

BUSN5000 Economics for Managers
This course is concerned with the nature and significance of economic reasoning. The student will be taught to employ this reasoning to attain a greater understanding of a number of topical social and business questions. These questions include the extent to which markets allocate resources efficiently; the degree to which market restrictions are efficient; the effectiveness of different tax regimes; the relative efficiency of different market structures; the best means by which to control environmental damage; the practicality of the government provision of public goods, and the degree to which the macro-economy is subject to coordination failure. The student will also be made aware of the numerous shortcomings and limitations of economic reasoning

BUSN5001 Catholic Mission & Identity
This course provides an in-depth exploration of the Church’s evangelising mission. It provides students (who may be leaders or aspiring leaders) in Catholic institutions with in-depth knowledge of Catholic Mission and Identity in order to better equip them to serve in Catholic Institutions.

BUSN5002 Leadership and Management in the Catholic Intellectual Tradition
This course provides an in-depth exploration of contemporary business leadership and management theory and practice in the context of Catholic leadership. It examines skills and competencies required of contemporary business leaders including influence, communication, team leadership, and strategic leadership. It also examines application and assessment of these skills and competencies in a Catholic institutional setting.

BUSN5003 Leading Change in a Catholic Context
This course provides leaders in education, health, and the social sectors with strategies to effectively lead and manage organisational transformation. The course explores theory and strategy of leadership within change management, underpinned by the principles of Catholic social teaching, with particular emphasis on human dignity and the common good.

BUSN5004 Catholic Leadership in Action
This course provides opportunity for students to plan and undertake an immersion experience placement in a workplace in an Australian or international Catholic organization. It builds on the other courses offered in this course by allowing students to apply their knowledge within an actual business environment.

BUSN5010 International Business; a strategic perspective
This course deals with the identification, analysis and resolution of issues facing management/ leaders within the context of firms operating in the international and global market. Strategic and functional areas of successful international business operations will be analysed including the role of trade, cross-cultural issues,  staffing ramifications, international business law and foreign investment law.  

BUSN5100 Accounting for Managers
Financial systems are focused on external and internal reporting. This Course will examine the content, purpose and limitations of financial reporting. The financial reports will be examined and analysed in some detail so that the student gains a good understanding of the components and the role in financial performance assessment. Internal reporting examines the characteristics, concepts and principles of financial information, which is provided for management, including planning, control and decision-making. In addition capital budgeting and sources of finance will be examined in the context of the decision-making processes.Both internal and external reporting, together with ethical considerations will be examined by use of a case study approach which requires critical thinking, reporting, essay writing and verbal communication.

BUSN5106 Business Information Technology
This course is designed to provide students with a business oriented theoretical knowledge of key areas of ICT, such as hardware, software, networks, the Internet, security, business systems and databases. It also provides practical skills development in relation to file management, spreadsheets, databases and other software applications in order help students understand how software can be used to solve business problems.

BUSN5140 Human Resource Development
This course examines the role and function of Human Resource Development (HRD) in organisations. It blends theories underpinning training, learning and career development with the practical experiences that students have already gained. Student experience and observations are used as exemplars to highlight how theory relates to practice. The strategic potential of HRD to address skills

BUSN5152 Managerial Accounting and Control
The main objective of the course is to enhance a student's skill in using accounting information for managerial decision making purposes.  The aim will be to show students the role that accounting information plays in managing an enterprise and the format and method of presenting this information.The main objective of the course is to enhance a student's skill in using accounting information for managerial decision making purposes.  The aim will be to show students the role that accounting information plays in managing an enterprise and the format and method of presenting this information.

BUSN5160 Information Systems for Managers
This course is designed to provide students with business management oriented theoretical and practical knowledge in a range of key areas of Information and Communications Technology. Students will develop both theoretical and practical skills in relation to the application of Information and Communications Technologies to modern business environments/processes. Topics covered include the application of spreadsheets and databases in decision making, the role of networks and the Internet, the nature of e-Commerce and e-marketing, the use of email, websites and content management systems in business communications and common threats to information security and practical approaches to minimising these.

BUSN5161 Accounting
This course provides a comprehensive introduction to financial accounting.  The subject examines the fundamental concepts and principles of accounting, the elements of financial statements and the preparation and interpretation of the balance sheet, profit and loss and cash flow statements.  The subject examines the conceptual, practical and ethical aspects of these topics in the context of service, manufacturing and not for profit organisations.  BUSN5161 Accounting also introduces students to oral presentation techniques and to structured problem solving methodology.  Students are required to use these techniques when presenting solutions to case studies, which are incorporated into each weekly seminar.

BUSN5290 Mediation and Dispute Resolution
This course introduces the student to the skills that are required within a conflict situation.  The conflict situation may be resolved within mediation.  It deals with the role of a mediator in mediation and mediation within the alternative dispute resolution spectrum. 

BUSN5410 Services Marketing
The course is designed to introduce students to the marketing of Service Products.  The course highlights the particular challenges that marketers face when marketing a service.   Students use the concepts from “Marketing” and apply them to a service situation. Strategies such as managing capacity, pricing models, measuring service quality and elements of service delivery are also discussed.

BUSN5620 Leadership: Theory and Practice
This course introduces students to a range of leadership theories in order to examine the impacts of leadership across organisations within the context of increasing external complexity. Students are encouraged to critically reflect upon leadership practices with a view to developing an awareness of their own leadership capacities.

BUSN5680 Change Management
This course extends basic change theories and models of organisations by focusing on change management in practice. The dynamics of the change management process is analysed to interrogate how change supports, organisational strategy, goals and future states. Students consider the function of key stakeholders, both internal and external to the organisation, and the role that these stakeholders play in the process of change.

BUSN5690 Innovation and Entrepreneurship
This is a class about exploration, study, investigation, & experimentation. It is designed to provide a loose pathway for you to chart your own journey towards gaining knowledge, insights, and wisdom about creating a vibrant, innovative, joyful organization full of people pursuing their passions.  

BUSN5730 Human Resource Management
Pre-requisite: Nil
This course provides an introduction to the role and functions of Human Resource Management (HRM). Students examine the history and evolution of HRM, the development of Strategic HRM, and the competencies required by modern human resource practitioners. Students also examine functional and strategic roles of HRM in organisations, including performance management, recruitment and selection, learning and development, workforce planning, remuneration and occupational safety and health. Experience with management of human resource and observation of issues and practices are used as exemplars to assist students to critique the theoretical basis and practice of HRM.

BUSN5740 Strategic Workforce Issues
Pre-requisite: Nil
This course covers a variety of pertinent and evolving workplace issues, which are researched, analysed, developed and workshopped.  Workplace culture and structure provides the basis for an examination of emotional intelligence, bullying, casualisation, decruitment, absenteeism, grievances, dismissal, executive remuneration, outsourcing, and bargaining.  Students are expected to develop and apply policies and procedures, which rely on individual work experience within the context of the currently operating statutes and other legislation enabling efficient HRM outcomes for the organisation.  

 

BUSN5790 Financial Risk Management
The deregulation of financial markets, the lifting of exchange controls and the motivation to capture international markets has meant that organisations must operate in a more volatile and therefore risky marketplace. These organisations are exposed to risk resulting from interest rates, exchange rates and movements in commodity prices. This course is designed to allow students to critically evaluate of possible risk profiles, organisational risk appetites and the tools and skill necessary to examine and create appropriate financial risk management systems.

BUSN5840 Contemporary Business Issues
Business leaders operate in a dynamic environment. This course examines a number of contemporary and emerging global issues to familiarise students with the issues and environment in which they will need to practice their profession. The issues considered are selected to advance student knowledge of professional values, ethics and behaviours in the workplace. The course uses real-life scenarios to encourage honest reflection on these aspects needed by a professional accountant.

BUSN5860 Employment Relations
The prime objective of the course is to provide students with the knowledge of the major theories and approaches of industrial relations and the significant parties, eg, unions, arbitral tribunals and management.  The legislative framework in Australia is both unique and flexible and reflects changing political approaches.  Since the 1990's changes have reduced the role of the industrial relations institutions and shifted the focus to collective bargaining and employment outcomes at the workplace.  The origins and strategies for industrial conflict and its resolution are both a cause for, and an effect on, the employment relationship.  

BUSN5950 Social Sector Policy and Frameworks
This course is intended to develop the capacity of current and aspiring leaders in the Not-for-profit / Social Sector to appreciate the environment and the framework in which they operate. The content includes a reviewof the history and the state of play of the sector in Western Australia in the context of the Welfare State, policy and funding models, Sector articulation and extra-organisational leadership, leadership in co-operative models and sector peak models as well as issues of social justice and mission centricity. The course will provide candidates with an appreciation of the history, environment, challenges and practical solutions involved in the leadership of a social services sector organisation in Western Australia. 

BUSN5960 Social Sector Finance and Governance
This course is intended to provide leaders and aspriing leaders within the social services sector to gain an appreciation of the requirements for sound financial management and corporate governance associated with the management of Not-for-profit organisations. Specifically, the course will provide participants with the skills to plan, manage and review the financial operations of a social sector organisation and to understand the necessary elements of a corporate governance model applicable to the sector. The course will be practically based in real-world examples and case studies relative to both financial management and governance and will allow participants to develop a practical, implementation focused set of skills relevent to these areas of Not-for-profit operations. It will introduce students to the foundation legal framework within which Not-for-profits operated in Western Australia.

BUSN5970 Social Sector Human Resources Management
This course is intended to provide leaders and aspiring leaders within the Not-for-profit sector with a strong understanding of industrial relations, human resources management and human resources planning within the Western Australian Not-for-profit context. The course review topics such as performance management and reporting, Occupational Health, Safety & Welfare, Recruitment and Retention, topical HRM issues and policy, Industrial Relations and Strategic HRM Planning. Finally, candidates will also be introduced to volunteer recruitment and management.

BUSN5980 Social Sector Marketing and Public Relations
This course will review the areas of public relations, brand management, marketing, stakeholder management and reputational management within the context of the Western Australian Not-for-profit sector. Topics incorporated into this course include fund raising, stakeholder management and relationship effectiveness, communications management and profile development within a political environment, extra-organisational relationship development and management.

BUSN5990 Social Media
Social media is an integral communications tool in most organisations. It has transformed the way companies do business, contact their stakeholders and build relationships. This course equips students with knowledge and skills to become confident and ethical social media communicators. Students will interact with a range of social media as they explore online, mobile and locative platforms.

BUSN6000 Financial Advice Context
In this course, students will examine the scope, depth and breadth of the financial planning discipline.  It is in this context that the delivery of ethical delivery of financial advice has become more important than ever. They examine, in a formal way, the various aspects of financial planning, the financial planning process and the steps and approaches necessary to providing that ethical advice in a professional manner and the regulatory framework in which the financial planning profession operates.

BUSN6001 Superannuation and Retirement Financial Advice
This course examines the technical requirements for superannuation and retirement planning advice. Superannuation legislation and policy in Australia has been through many reforms and changes since 1983. The growth of self-managed superannuation funds (SMSF) is also a feature of the present superannuation environment. It is necessary, therefore, to consider this changing environment in the context of retirement income policy for self-funded retirement. The broad range of options available within current superannuation legislation will be examined in detail.

BUSN6002 Integrated Investment Planning
This course provides a formal examination of the principles and practice of investment planning in Australia. Students will explore the various types of investments, financial markets, savings mechanisms instruments and instruments available together with the relationship between interest rates and debt securities. The variety of vehicles and investment methods will be the basis of study. The results will be a comprehensive understanding of the scope of options available to clients and advisors and a methodology of making an appropriate selection to meet a clients needs.

BUSN6003 Risk Management and Life Insurance
Identification of risk appetite is the starting point for a financial risk management plan which covers a wide range of issues that are faced by individuals and organisations. This course leads students through the concepts of personal risk management as they apply to retail clients and considers the participants, products and regulation within the insurance industry. The principles underpinning policy documentation, underwriting, risk appraisal and pricing are also covered so students learn to design insurance products which meet a client’s considered requirements.

BUSN6004 Taxation and Law for Financial Planning
Pre-requisites: BUSN6000 Financial Advice Context
This course explores the advanced components and implications of tax legislation as it applies to financial planning. A clear understanding of the current taxation regime is essential in the preparation of financial planning advice. Students examine relevant case law, legislation, and simulated examples to identify specific implications of the taxation regime. Areas studied include detailed aspects of income tax, income and capital gain tax, implications for various asset classes, source, residency and derivation, and taxation of individuals, partnerships and companies.  

BUSN6005 Advanced Estate and Retirement Planning
Pre-requisites: BUSN6002 Investment Planning, BUSN6004 Taxation and Law for Financial Planning
This course examines the more advanced elements of estate planning in Australia. Effective financial planning deals with matters while the client is alive but also enables the client to prepare for asset distribution after death. Students explore theoretical and practical issues of the estate planning process. Key areas of estate planning including wills, powers of attorney, trusts (including testamentary trusts), distribution of estate assets and the tax implications of the deceased estate, death aspects of financial products, and business succession planning will be examined in detail.

BUSN6006 Investment and Portfolio Planning
Pre-requisites: BUSN6002 Investment Planning
This course amalgamates skills and knowledge needed by financial planners. Previous courses focused on particular aspects of planning but in this course students create their first comprehensive client-focused financial plan. Key steps for preparing financial plans are re-visited and applied for diverse client circumstances. Students will also examine case studies exploring more complex applications of process and legislation.

BUSN6007 Financial Markets
Pre-requisites: BUSN6000 Financial Advice Context
This course extends the skills and knowledge needed by financial planners in the development of final plans in very complex client circumstances and needs. Students will examine cases of individuals, partnerships and incorporated entities with a variety of risk profiles and time frames and generate for them a comprehensive client-focused financial plan.

BUSN6008 Complex Statement of Advice
Pre-requisites: BUSN6006 Investment and Portfolio Planning
This course extends the skills and knowledge needed by financial planners in the development of financial plans in very complex client circumstances and needs. Students' knowledge is extended to consider scenarios which represent common complexities encountered in practice. Students will examine a cases of individuals, partnerships and incorporated entities with a variety of risk profiles and time frames and generate for them a comprehensive client-focused financial plan. Students will also be introduced to previously uncommon complexities that have arisen in recent years due to changes in the law. Key steps for preparing financial plans are re-visited and applied.

BUSN6009 Intergenerational Wealth
In this course students examine concepts and issues related to complex succession planning, particularly in family owned/managed businesses. Students explore laws implications of succession plans, processes that managers undertake, and agreements required to implement a successful succession plan. Students will draft succession plans to meet a variety of financial situations to identify tax and welfare transfer issues. Students will examine asset planning with a variety of time frames and life conditions coupled with the implications of behavioural investment through and examination of emotional investing.

BUSN6010 Financial Planning for Aged Care
Pre-requisites: BUSN6002 Investment Planning
With the changing age demographic of the Australian population the need for financial planning for older people has become more critical. This course explores key drivers of aged care financial advice in Australia. The course focuses on the knowledge and capabilities required of a financial planner to provide competent advice in the growing and changing aged care market. Students will examine asset planning with a variety of time frames and life conditions. A significant component of the course deals with the concepts of behavioural investment through an examination of emotional investing, a significant factor in financial planning for older clients.

BUSN6011 Client Engagement Skills
A hallmark of a successful financial planner is the ability to engage with their current and future clients. The planner must not only be knowledgeable of the facts, regulation, risks and options available within the marketplace, but must be able to explain them to a client in the context of that clients risk profile and financial expectations. In this course, the student will examine the skills necessary for an effective relationship with the client including listening and interpreting a client needs, circumstances and desires, guiding them through the financial and legal options available to them and to translate from the technical language of the discipline to concepts and options that are understandable to a client recognising their level of financial planning competency. Techniques and skills needed to maintain a relationship with a client and the development of referral relationships and centres of influence are also examined.

BUSN6012 Advanced Margin Lending
Pre-requisites: BUSN6002 Investment Planning
Margin lending is a class of financial options designed to allow clients to expand their investment portfolio. This course will equip students with specialist knowledge and technical skills to provide compliant advice to clients on margin lending facility products encompassing both standard margin lending facilities and non-standard margin lending facilities. This course extends the knowledge gained in earlier courses by examining a wide range of risk scenarios that may occur in a margin lending facility product. Case studies will be used to highlight issues of margin lending.

BUSN6013 Advanced Management of Self-Managed Superannuation Funds
Pre-requisites: BUSN6001 Superannuation and Retirement Financial Advice
This course extends the examination of the management of Self-Managed Superannuation Funds course (SMSF) considered in other studies. It is a specialised course focusing on an increasingly popular of wealth creation and financial planning product. Students will review the legislative structure under which SMSFs operate, the technical skills to provide advice to clients on forming a SMSF and the obligations and responsibilities of trustees. Students will also gain the more advanced management knowledge and skills needed to manage a complex SMSF. Estate planning implications of a SMSF will also be examined together with the process to wind up a SMSF.

BUSN6014 Derivatives and Foreign Exchange
This course extends the examination of the management of Self-Managed Superannuation Funds course (SMSF) considered in other studies. It is a specialised course focusing on an increasingly popular of wealth creation and financial planning product. Students will review the legislative structure under which SMSFs operate, the technical skills to provide advice to clients on forming a SMSF and the obligations and responsibilities of trustees. Students will also gain the more advanced management knowledge and skills needed to manage a complex SMSF. Estate planning implications of a SMSF will also be examined together with the process to wind up a SMSF.