BP134 - Bachelor of Business (Economics and Finance) (Applied)

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RMIT program code: BP134
Plan name: Bachelor of Business (Economics and Finance) (Applied)
Plan code: BP134P9
Campus: City Campus
Credit points per semester:
Full time: 48
Part time: 24
CRICOS code: 063199C

Contact details and related links

2024 Enrolment Program Structure

To graduate you must complete the following:

   Year One of Program
 
AND   Year Two of Program
 
AND   Year Three of Program
 
AND   Year Four of Program
 

The Bachelor of Business (Economics and Finance) (Applied) degree requires completion of 24 x 12 credit points of study plus 96 credit points of Work Integrated Learning (WIL courses). 

The 24 courses are made up of the following:

  • 8 Business common core courses;
  • 12 Economics and Finance major courses;
  • 2 Business design project courses (capstone courses); and
  • 2 University elective courses.

 

 

Please note: All courses listed may not be available each Semester, this is important to note when planning your enrolments. You must ensure that you satisfy the academic requirements of your program in order to graduate. 

 

Capstone Courses

Capstone Courses are compulsory courses designed to consolidate the learning undertaken throughout the program and should be taken in your final year/semester of study. Applications for credit transfer or recognition of prior learning will not be accepted for these courses.

The capstone courses for this program are:

Please note, due to enforced requisites, BUSM4371 Economics and Finance Business Design Project 1 and OMGT2378 Interdisciplinary Business Project cannot be completed in the same semester. 

See below for further information regarding enforced requisite requirements. 

 

Course Requisite Information 

The course BUSM4371 Economics and Finance Business Design Project 1 has enforced requisites which are listed below. The following four (4) courses must be completed prior to enrolling into BUSM4371:

  • ECON1214 Economics and Finance - Work Integrated Learning (WIL) 1
  • ECON1215 Economics and Finance - Work Integrated Learning (WIL) 2
  • ECON1216 Economics and Finance - Work Experience in Industry (WEI) 1
  • ECON1217 Economics and Finance - Work Experience in Industry (WEI) 2

In addition, the course OMGT2378 Interdisciplinary Business Project has an enforced requisite. The following course must be completed prior to enrolling into BUSM4372:

  • BUSM4371 Economics and Finance Business Design Project 1

 

Global Intensives, Student Exchange, and Cross-campus Study

As part of your flexible option, you may consider undertaking one of the below to enrich your student experience:

 

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Year One of Program

IMPORTANT NOTE: The BP134 Bachelor of Business (Economics and Finance) Applied program will be formally discontinued from Semester 1, 2022. The final intake for admission into the BP134 Bachelor of Business (Economics and Finance) Applied program was Semester 2, 2021. 

The program will be taught out to current students until Semester 1, 2033. If you anticipate that you will successfully complete this program by the end of 2021, these changes do not apply to you.

 
Option 1 - Remain in your current program

Recommended for students in the second, third or fourth year of your current program.

If you remain in your current program you must complete the program by the end of Semester 1, 2033. Please refer to the course teach-out schedule to ensure you complete all core courses prior to their final offering.

Students who commenced the program before Semester 1 2022, please refer to the following transition rules:

  • If you have completed LAW2442 Commercial Law, you do not need to complete LAW2442 Business Law, as this is a course title change only.
  • If you have completed BAFI1002 Financial Markets, you do not need to complete BAFI1002 Financial Markets and Institutions, as this is a course title change only.
  • If you have completed ECON1042 Macroeconomics 2, you do not need to complete ECON1042 Macroeconomics for Decision Making, as this is a course title change only.
  • If you have completed BAFI1008 Business Finance, you do not need to complete BAFI1008 Corporate Finance, as this is a course title change only.
  • If you have completed ECON1061 Quantitative Analysis, you do not need to complete ECON1061 Forecasting and Quantitative Analysis, as this is a course title change only.
  • If you have completed ECON1048 Price Theory, you do not need to complete ECON1048 Managerial and Business Economics, as this is a course title change only.
  • If you have completed BAFI1026 Risk Management, you do not need to complete BAFI1026 Derivatives and Risk Management, as this is a course title change only.
  • If you have completed ECON1086 International Trade, you do not need to complete ECON1086 Business in the Globalised Economy, as this is a course title change only.
  • If you have completed BAFI1042 Investment, you do not need to complete BAFI1042 Equity Investment and Portfolio Management, as this is a course title change only.
  • If you have completed ECON1082 International Monetary Economics, you are not required to complete ECON1586 Diverse Perspectives on the World Economy, which is a replacement course.
  • If you have completed LAW2457 Law of Investments and Financial Markets, you are not required to complete LAW2450 Company and Finance Law, which is a replacement course.


Option 2 - Transfer to the BP343 Bachelor of Business (3yr degree) or BP344 Bachelor of Business Professional Practice (4yr degree) or any other RMIT program

Recommended for students in the first year of your current program.

The equivalent major in the new programs to your existing degree are Economics or Finance. Note: entry will be subject to maintaining satisfactory academic progress

 

 

In year one of your program, you will study seven (7) of your business common core courses and one (1) of your Economics and Finance major courses.

It is highly recommended that you repeat any failed course(s) in the next available semester.

Semester 1 2024 Final Offering

Please be advised that the below courses will have its final offering in Semester 1 2024. If you have not previously completed these courses, please ensure that you enrol and complete the courses in Semester 1 2024 to meet the requirements of the program.

BUSM4176 Introduction to Management
ECON1010 Macroeconomics 1
ECON1020 Prices and Markets
ECON1030 Business Statistics 1

Complete the following Eight (8) Courses:

Course Title

Credit Points

Prereqs/ Coreqs

Course Code

Campus

Semester 1 Class

Semester 2 Class
Business Information Systems 12 ISYS2056 City Campus 1878 1904
Business Statistics 1 12 ECON1030 City Campus 1995
Prices and Markets 12 Yes ECON1020 City Campus 1994
Macroeconomics 1 12 ECON1010 City Campus 1993
Accounting in Organisations and Society 12 Yes ACCT1046 City Campus 1839 1806
Introduction to Management 12 BUSM4176 City Campus 1712
Marketing Principles 12 MKTG1025 City Campus 2013 1995
Financial Markets and Institutions 12 BAFI1002 City Campus 1964 1932
 
AND

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Year Two of Program

In year two of your program, you will study seven (7) of your Economics and Finance major courses and one (1) of your business common core courses.

It is highly recommended that you repeat any failed course(s) in the next available semester.

 

Complete the following Eight (8) Courses:

Course Title

Credit Points

Prereqs/ Coreqs

Course Code

Campus

Semester 1 Class

Semester 2 Class
Business Law 12 LAW2442 City Campus 2058 2042
Corporate Finance 12 Yes BAFI1008 City Campus 1965 1933
Macroeconomics for Decision Making 12 Yes ECON1042 City Campus 1996 1974
Forecasting and Quantitative Analysis 12 Yes ECON1061 City Campus 1998 1976
Managerial and Business Economics 12 Yes ECON1048 City Campus 1997 1975
Basic Econometrics 12 Yes ECON1066 City Campus 1999 1977
Derivatives and Risk Management 12 Yes BAFI1026 City Campus 1971 1935
Company and Finance Law 12 Yes LAW2450 City Campus 2059 2043
 
AND

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Year Three of Program

Please note the Work Integrated Learning year MUST be completed in the third year of the program before you continue on to the final year.

If you have any questions or require assistance please contact Business Connect 

You MUST enrol in the following courses for your Work Integrated Learning year:

 

First semester of Co-op Learning:

  • ECON1214 - Work Integrated Learning 1 (WIL 1)
  • ECON1216 - Work Experience Industry 1 (WEI 1)

Second semester of Co-op Learning:

  • ECON1217 - Work Integrated Learning 2 (WIL 2)
  • ECON1215 - Work Experience Industry 2 (WEI 2)

Complete the following Four (4) Courses:

Course Title

Credit Points

Prereqs/ Coreqs

Course Code

Campus

Semester 1 Class

Semester 2 Class
Economics and Finance - Work Experience in Industry 1 36 Yes ECON1216 City Campus 2003 1981
Economics and Finance - Work Integrated Learning 1 12 Yes ECON1214 City Campus 2001 1979
Economics and Finance - Work Experience in Industry 2 36 Yes ECON1217 City Campus 2004 1982
Economics and Finance - Work Integrated Learning 2 12 Yes ECON1215 City Campus 2002 1980
 
AND

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Year Four of Program

In year four of your program, you will complete the remaining four (4) Economics and Finance major courses, the two (2) business design project courses and two (2) university electives.

 

DESIGN PROJECT IMPORTANT INFORMATION: The School of Economics, Finance & Marketing (EFM) have made the decision to consolidate some of our Design Project courses from Semester 1 2023.  

 

  • BUSM4371 Economics and Finance Business Design Project 1 will be merged with BUSM4369 Accounting Business Design Project 1; therefore, you will see the Accounting Business Design Project course via Canvas. This, however, will not impact on your transcript as you are enrolled in your discipline-specific design project course; BUSM4371 Economics and Finance Business Design Project 1 will be documented on your transcript.

 

Students who have completed BUSM4371 Economics and Finance Business Design Project 1:

 

  • From Semester 2 2023 onwards, BUSM4372 Economics and Finance Business Design Project 2 will be replaced by OMGT2378 Interdisciplinary Business Project. OMGT2378 Interdisciplinary Business Project will appear on your transcript.
  • If you have already completed BUSM4372 Economics and Finance Business Design Project 2, you do not need to complete OMGT2378 Interdisciplinary Business Project.

 

Due to enforced requisites students are unable to complete Design Project 1 and Design Project 2 in the same semester.

We also recommend that you repeat any failed course(s) in the next available semester. 

 

University Electives:

 

Complete the following Six (6) Courses:

Course Title

Credit Points

Prereqs/ Coreqs

Course Code

Campus

Semester 1 Class

Semester 2 Class
Equity Investment and Portfolio Management 12 BAFI1042 City Campus 1972 1937
Business in the Globalised Economy 12 ECON1086 City Campus 2000 1978
Economics and Finance Business Design Project 1 12 Yes BUSM4371 City Campus 1985 1969
Diverse Perspectives on the World Economy 12 ECON1586 City Campus 2010 1990
International Finance 12 BAFI1018 City Campus 1968 1934
AND

Select and Complete Two (2) Course from:

University Elective
 

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Contact details and related links

Program structure enquiries

 

Contact Details

Contact Business Connect via the following options: 

Phone: +61 3 9925 5000 (Select the option to 'Speak to your School' then 'Business or Law Studies'.)

Webchat: Click on the 'Chat with Business Connect' box at the bottom right of this page

Online: Click here to lodge a query online.

In Person: Building 80, Level 7, 445 Swanston Street, Melbourne 3000 (in line with COVIDSafe guidelines and subject to government restrictions).

 

Enrolment Load

The maximum standard enrolment load per semester is 48 credit points. 

 

Overloading

You will only be permitted to overload by a maximum of 12 credit points in the final semester of your program, upon approval from the College.

 

Credit and Pathways

If you have completed an RMIT College of Business Vocational Education program and you are continuing your studies into an RMIT College of Business and Law Higher Education program, you will be eligible to receive advanced standing for approved courses. Please refer to the College of Business and Law Advanced Standing webpage for more information.

If you have other previous learning or experience, you can apply for credit or recognition of prior learning to count towards your RMIT program. Please read the information provided on the Apply for Credit web page.

 

Timetabling

Please go to the Class timetables web page to access timetabling information.

 

Material fees

Some courses and programs have material fees (fees for field trips, goods or services) associated with them. In most cases these charges are not compulsory, but are levied by the teaching school for materials they purchase on your behalf for use in your studies. Go to the Material Fees web page to check the material fees for your program and courses.

Enrolment

For more information about enrolment at RMIT University, please go to the Enrolment home page.

*Semester 1 classes generally commence in February and Semester 2 classes generally commence in July. Please contact your school for more information about specific class start days.

Policies

For more information about other RMIT University policies, please go to the Policies web site.

Student Electives

University Electives are available to Undergraduate students, and in selected Postgraduate programs.

Information about University Elective courses at RMIT is available on the University Electives web site.

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