- Overview
- Learning outcomes
- Program delivery and structure
BP313 - Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy)
Plan: BP313FPDD - Bachelor of Business (Financial Planning)/ Bachelor of Business (Accountancy)
Campus: City Campus
Program delivery and structure
Approach to learning and assessmentWork integrated learningProgram structureProgram transition planApproach to learning and assessment
Over the duration of your program you will experience a variety of teaching and learning approaches. The approaches used in each course will be appropriate to the learning outcomes they are designed to develop.
The assessment you must complete is designed to provide you with opportunities to demonstrate the extent to which you have developed and achieved specific learning outcomes in a given area. Methods of assessment will also vary with the learning outcomes of the relevant course. The major styles of teaching, learning and assessment you will experience throughout your program will include:
Classroom teaching: May include lectures, guest lectures, panels, tutorials, class presentations, group discussions, student-led discussions, role-plays, etc. This style of learning is designed to maximise your understanding of the curriculum content and develop appropriate skills. It is designed to provide an environment where you can ask questions and seek feedback as well as contribute to class discussion and apply theory to practice.
Problem-based learning: You may work in a team or individually to conduct research, solve problems, analyse and respond to case studies, prepare or respond to briefs, write original research or case study reports, or participate in managing a company in a computer-based business simulation. This technique is designed to simulate the experiences you will encounter working in accountancy.
Flexible delivery: The program will incorporate extensive use of online resources. These may include learning resources such as lecture notes, and assessment and feedback tools such as discussion boards and quizzes.
Assignments and projects: These may be either research or problem based, and may be undertaken in teams or individually. Assignments and projects are designed to develop your abilities in communications, research and reasoning, and provide feedback on your skill development, while also developing you as a life-long learner.
In-class tests: Provide you with feedback on your early understanding within a course and allow feedback to assist you in further developing your skills and abilities.
Formal examinations: Will provide you with the opportunity to demonstrate your understanding and application of marketing and business principles to either practical or theoretical issues.
Academic integrity
The originality verification software Turnitin (see http://www.turnitin.com) may be used on assessments in your program.
Note you must complete a hardcopy of the RMIT coversheet with your assessment submissions.
To support you with issues associated with the honesty and full referencing of external work presented in assignments, please visit the University website for Academic Integrity: http://www.rmit.edu.au/ academicintegrity.
Specifically, support resources for yourself as a student to ensure that your submitted assessment accurately represents your work are provided at: http://www.rmit.edu.au/academicintegrity/students.
If you have a long term medical condition, disability and/or other form of disadvantage it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or the Disability Liaison Unit if you would like to find out more.
To view the Assessment Processes go to: https://policies.rmit.edu.au/document/view.php?id=7.
Top of pageWork integrated learning
RMIT University is committed to providing you with an education that strongly links formal learning with workplace experience. As a student enrolled in this RMIT University program you will:
- undertake and be assessed on structured activities that allow you to learn, apply and demonstrate your professional or vocational practice;
- interact with industry and community when undertaking these activities;
- and complete these activities in real or simulated work contexts or situations.
You will undertake four (4) courses which are specifically designed to achieve work integrated learning (WIL) objectives:
ACCT1028 Strategic Accounting and Leadership
In this course you will further develop your business decision- making skills. This is demonstrated by you making strategic and operational business decisions based on real-world or simulated case studies set under market or industry conditions. You will be required to use a range of business performance evaluation techniques, along with accounting and business reports to undertake strategic planning and operational decision-making. Therefore, you will be learning both the technical and social practice of decision making in the business context. This course includes a Work Integrated Learning experience. You will undertake and be assessed on authentic activities that allow you to learn, apply and demonstrate your professional or vocational practice. This course also provides you with a capstone experience, which will provide you with the opportunity to integrate, critically reflect on and consolidate what you have learnt in your program.
ACCT1048 Financial Accountability and Reporting
Financial Accountability and Reporting is a compulsory core unit in the Bachelor of Business (Accountancy) and the Bachelor of Business (Professional Accountancy) degrees.
This course will cover the regulation of financial reporting requirements, and develop your ability to construct, analyse and interpret publicly available financial reports to make informed decisions as an accounting professional and to recognise the implications of accounting in the social and institutional context.
You will explore the key accounting standards and develop skills to interpret and review publicly available financial information such as annual reports. The knowledge and skills gained in this course can be applied in a variety of business contexts including the preparation and interpretation of accounts and the creation of share portfolios.
This course includes a Work Integrated Learning (WIL) experience in which your knowledge and skills will be applied and assessed in a real or simulated workplace context and where feedback from industry and/or community is integral to your experience.
ACCT2286 Superannuation and Retirement
In this course you will explore retirement planning with a particular focus on the role of superannuation in Australia. The course will include a comprehensive study of superannuation funds, funding process, benefit structures, regulatory framework, investment decisions, taxation issues and administration requirements. Also included will be a consideration of the different forms of retirement income planning in the economy and issues which impact on retirees at different stages of their life.
The course is listed on the ASIC Register of Compliant Training as meeting the requirements for superannuation specialist knowledge under Regulatory Guide 146 and is also worth 15 Continuing Professional Development (CPD) points for membership of professional bodies such as the Financial Planning Association.
ACCT2288 Financial Advisory Practice
This course draws upon a range of disciplines and culminates in the preparation of a Statement of Advice for a client. The practice of financial planning requires understanding of regulation and the application of business management principles and techniques. The first aspect of this course requires the application of these skills in the preparation, presentation, implementation and review of a personal financial plan for a client. The second aspect of the course focuses on financial planning practice management and explores many of the practical issues that will confront you in the financial planning industry. You will also identify and discuss the principal customer service issues associated with the management of a financial planning practice.
This course includes a Work Integrated Learning (WIL) experience in which your knowledge and skills will be applied and assessed in a real or simulated workplace context and where feedback from industry and/or community is integral to your experience. The course also provides you with a capstone experience that will give you the opportunity to critically reflect on and consolidate what you have previously learnt in the program.
Top of pageProgram Structure
| To graduate you must complete the following: Note, all courses listed may not be available each semester. | ||||||||||||||||||||
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| Semester Two: Complete the following Four (4) Courses: | ||||||||||||||||||||
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Year Two of Program |
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| Semester One: Complete the following Four (4) Courses: | ||||||||||||||||||||
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| Semester Two: Complete the following Four (4) Courses: | ||||||||||||||||||||
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Year Three of Program |
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| Semester One: Complete the following Four (4) Courses: | ||||||||||||||||||||
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| Semester Two: Complete the following One (1) Course: | ||||||||||||||||||||
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| Semester Two: Select and Complete Thirty-Six (36) credit points from the following University Student Elective Courses: | ||||||||||||||||||||
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Year Four of Program |
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| Semester One: Complete the following Three (3) Courses: | ||||||||||||||||||||
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| Select and Complete Twelve (12) credit points from the following University Student Elective Courses: | ||||||||||||||||||||
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| Semester Two: Complete the following Four (4) Courses: | ||||||||||||||||||||
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Program transition plan
SEMESTER 1 2024 TRANSITION RULES
The following two (2) courses will no longer be offered from Semester 1 2024:
- ECON1010 Macroeconomics 1
- ECON1020 Prices and Markets
The above two (2) courses will be replaced by the following two (2) courses from Semester 1 2024:
- ECON1607 Economics Quantitative Analysis
- ACCT2343 Accounting Data Analysis and Visualisation
- If you have completed ECON1010 Macroeconomics 1 and/ or ECON1020 Prices and Markets prior to Semester 1 2024, you are not required to complete ECON1607 Economics Quantitative Analysis and ACCT2343 Accounting Data Analysis and Visualisation.
- If you have not completed ECON1010 Macroeconomics 1 and/ or ECON1020 Prices and Markets prior to Semester 1 2024, you are required to complete ECON1607 Economics Quantitative Analysis and ACCT2343 Accounting Data Analysis and Visualisation.
Semester 1 2022 was the final intake into BP313 Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy).
The BP313 Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) program has been discontinued, and the final intake for admission into the BP313 Bachelor of Business (Financial Planning)/Bachelor of Business (Accountancy) program was Semester 1, 2022. The program will be taught out to current students until Semester 2, 2033.
The BP313 Bachelor of Business (Accountancy) and Bachelor of Business (Financial Planning) are currently accredited by CPA Australia, Chartered Accountants Australia and New Zealand, and the Association of Chartered Certified Accountants until 31 December 2023; the Chartered Institute of Management Accountants and the Institute of Chartered Accountants of England and Wales indefinitely; and the Financial Adviser Standards and Ethics Authority until 2 April 2025. The program was accredited by the Singapore Accountancy Commission until 25 October 2021. The College of Business and Law will seek ongoing professional accreditation of BP313 Bachelor of Business (Accountancy) and Bachelor of Business (Financial Planning) until the end of the teach out period.
Teach out options have been provided below:
Option 1 - Remain in your current program
If you remain in your current program, you must complete the program by the end of Semester 2, 2033.
Please refer to the course teach-out schedule, available via Enrolment Online (EOL), to help you plan your enrolment.
If you 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 BAFI1008 Business Finance, you do not need to complete BAFI1008 Corporate Finance, as this is a course title change only.
- If you have completed ACCT1060 Management Accounting and Business, you do not need to complete ACCT1060Managerial Advisory Finance, 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 ACCT1077 Financial Accounting Theory, you do not need to complete ACCT1077 Critical Accounting Perspectives, as this is a course title change only.
- If you have completed ACCT1028 Performance Analysis and Simulations, you do not need to complete ACCT1028 Strategic Accounting and Leadership, as this is a course title change only.
- If you have completed ACCT1056 Auditing 1, you do not need to complete ACCT1056 Auditing, as this is a course title change only.
- If you have completed LAW2450 Company Law, you do not need to complete LAW2450 Company and Finance Law, as this is a course title change only.
- If you have completed LAW2457 Law of Investments and Financial Markets, you do not need to complete LAW2466 Taxation 2, as this is a replacement course only.
Option 2 - Transfer to the BP351 Bachelor of Accounting or any other available RMIT program
Option 3 - Transfer to the BP343 Bachelor of Business (3yr degree) or BP344 Bachelor of Business Professional Practice (4yr degree) or any other RMIT program
Note: a major in accounting is not available in the Bachelor of Business or Bachelor of Business Professional Practice.
How to transfer
Note: Entry will be subject to maintaining satisfactory academic progress.
To transfer into the BP351 Bachelor of Accounting, please refer to the following steps:
Domestic Students
1. Log into myRMIT
2. Under 'Launch Applications', select 'Apply for a Program'
Please also note, in line with government changes, all RMIT program and course fees have increased from 1 January 2021. For a detailed explanation about these changes, please visit the RMIT Fees for Commonwealth supported students page. You are welcome to contact RMIT Student Connect if you have any further queries regarding this change as the fee increase will apply to you if you decide to transfer into the new program.
International Students
Apply to change your program via the online application system. More information on how to apply.
If you are eligible for a transfer, a new offer letter will be issued to you, and you will be required to accept your new offer to finalise your transfer and receive a new CoE for your student visa.
If you have been awarded sponsorship or scholarship, you will be required to obtain a new letter of approval (i.e. Financial Guarantee) from your sponsor before you are eligible to be accepted into the new program, receive a new CoE or enrol.
Information for all students
Credit will be assessed on an individual basis and where possible, credit will be granted with grades (including fail grades). Note: you will not be required to submit any supporting documentation in your application (i.e., transcripts, qualifications).
If you have any queries or concerns about your enrolment, please do not hesitate to contact Business Connect who will be able to assist you in planning your studies.
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