BP254 - Bachelor of Business (Accountancy)

The Bachelor of Business (Accountancy) degree requires completion of 24 x 12 credit points of study, which includes 8 business common core courses, 8 Accountancy major courses and 8 flexible courses.

8 flexible courses allow you to undertake one of the following three options:

• Option A: Complete a second major in a business discipline comprising 8 courses (or 96 credit points). The second major will be identified on your transcript of results; OR

• Option B: Complete two (2) minors in a business discipline comprising of four (4) courses (or 48 credit points) each; OR

• Option C: Complete a minor in a business discipline comprising four (4) courses (or 48 credit points), and four (4) university electives. University Elective courses can be from any discipline area within RMIT University.

If you choose Option B or Option C you MUST complete a full Business minor/s.

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.

Important note: In order to be accredited to practice students must complete the following two flexible course options:

• LAW2450 - Company and Finance Law
• ACCT1056 - Auditing

Further information regarding accreditation can be found below

Capstone Courses

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

The capstone course for this program is:

• ACCT1028 Strategic Accounting and Leadership

IMPORTANT NOTE: The BP254 Bachelor of Business (Accountancy) program has been formally discontinued from Semester 2, 2022.

The program will be taught out to current students until Semester 2, 2030.

Accreditation Information

For information regarding external accreditation and industry links related to this program, please click here.

A list of the required courses you must complete in order to fulfil the accreditation requirements for the Professional Body related to your program, can be located here.Please note the 2 flexible options listed which are required in order to practice.

Global Intensives, Student Exchange, and Cross-campus Study

As part of your elective choices, you may want to consider enriching your student experience by undertaking global study and work (offered by the College of Business and Law) as part of your RMIT program.

Please visit the Global Study and Work webpage for more information. International study and work opportunities at RMIT include:

• Global intensives (study tour)
• Student exchange
• Cross-campus study in Vietnam

Program Transitions

Changes from Semester 1, 2024

The following two (2) courses will no longer be offered from Semester 1 2024:

1. ECON1010 Macroeconomics 1
2. ECON1020 Prices and Markets

The above two (2) courses will be replaced by the following two (2) courses from Semester 1 2024:

1. ECON1607 Economics Quantitative Analysis
2. 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.

Changes From Semester 1, 2023

• ECON1010 Macroeconomics 1 and ECON1020 Prices and Markets will be replaced by ECON1607 Economics and Quantitative Analysis and ACCT2343 Accounting Data Analysis and Visualisation
• If you have completed ECON1010 Macroeconomics 1 and/or ECON1020 Prices and Markets prior to Semester 1 2023, these changes do not apply to you and you are not required to complete ECON1607 Economics Quantitative Analysis and/or ACCT2343 Accounting Data Analysis and Visualisation.
• If you have not completed ECON1010 Macroeconomics 1 and have completed ECON1020 Prices and Markets prior to Semester 1 2023, you are required to complete ECON1607 Economics Quantitative Analysis.
• If you have not completed ECON1020 Prices and Markets and have completed ECON1010 Macroeconomics 1 prior to Semester 1 2023, you are required to complete ECON1607 Economics Quantitative Analysis.
• If you have not completed ECON1010 Macroeconomics 1 and ECON1020 Prices and Markets prior to Semester 1 2023, you are required to complete ECON1607 Economics Quantitative Analysis and ACCT2343 Accounting Data Analysis and Visualisation.

Semester 1 2022 was the final intake for BP254 Bachelor of Business (Accountancy).

The BP254 Bachelor of Business (Accountancy) is currently accredited by CPA Australia, Chartered Accountants Australia and New Zealand, and the Association of Chartered Certified Accountants until 31 December 2023; and the Chartered Institute of Management Accountants and the Institute of Chartered Accountants of England and Wales indefinitely. 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 BP254 Bachelor of Business (Accountancy) until the end of the teach out period.

Options for teach out 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, 2030.

Please refer to the course teach-out schedule for your current program, 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 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 ACCT1060 Management Accounting and Business, you do not need to complete ACCT1060 Managerial Advisory Finance, as this is a course title change only.

• Option 2 - Transfer to the BP351 Bachelor of Accounting or any other RMIT program

  Option 3 - Transfer to the BP343 Bachelor of Business (3yr degree) or any other RMIT program

  Note: a major in accounting is not available in the Bachelor of Business. Entry will be subject to maintaining satisfactory academic progress.

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Year One of Program

In year one of your program, you will study seven (7) of your business common core courses and one (1) of your Accountancy major courses in the first year.

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

Please be advised that the below courses will not be offered in this program anymore. If you have not completed these courses, please ensure that you enrol into the replacement courses to meet the requirements of the program.

• BUSM4176 Introduction to Management

Please note: Students who have completed the above common core course are not required to complete the replacement course below:

Following course is replaced by above common core course BUSM4176 Introduction to Management - BUSM2572 Business in Society

Students must complete a series of compulsory onboarding modules during their first semester or study period. Complete 96 credit points from the following:

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Year Two of Program

In year two of your program, you will complete your final business common core course, three (3) of your Accountancy major courses and four (4) of your flexible option courses.

Majors, Minors and University Electives:

• A list of disciplines and prescribed courses for each available second major and minor can be found on the Majors & Minors Bachelor of Business Programs Guide.Note: Not all courses are available every semester.
• Information about University Elective courses at RMIT is available on the University Electives web page.
• The College of Business and Law also offers an Undergraduate Business Internship elective.
• Please note that Accounting Students are unable to take ACCT2354 Financial Accounting and Statement Analysis or ACCT2350 Management Accounting and Performance Evaluation as elective choices as they are introductory options for students outside of Accounting programs.

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

Complete 48 credit points from the following:

Complete 24 credit points from a Business Discipline minor.

Option 1: Complete 24 credit points from a Business Discipline or Other Discipline minor.

Option 2: Complete 24 credit points from any:

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Year Three of Program

In year three of your program, you will complete your final four (4) Accountancy major courses and your final four (4) flexible option courses.

Complete 48 credit points from the following:

Complete 24 credit points from a Business Discipline minor.

Option 1: Complete 24 credit points from a Business Discipline or Other Discipline minor.

Option 2: Complete 24 credit points from any:

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