Single-unit study
You can study individual units for personal or professional development without having to apply for a full QUT course.
If you successfully complete a unit, you may be eligible for credit if you decide to apply for a degree course in the future.
Units anyone can study
These units don’t have any requirements for previous study or background knowledge.
But if your previous studies were not in English, or were completed in a country where English is not the first language, you will need to demonstrate that you meet our English proficiency requirements when you apply.
Business
Accountancy
AYN458 Ethics and Professional Relationships
This unit is designed for students intending to pursue professional careers in business, particularly accounting or financial planning, and introduces ethical issues associated with the roles of directors, executives and professionals. With a particular focus on the ethical competencies and obligations required of those providing financial advice and accounting services, the unit also specifically addresses the development of trust within professional relationships. Practical considerations regarding how to develop effective non-verbal and verbal communication skills with clients and other stakeholders are also of continuing importance in professional contexts and are explored in this unit.
Advertising, marketing and public relations
AMB110 Internationalisation
Internationalisation has become fundamental to the survival and growth of many businesses in Australia as well as in other economies in this era of globalisation. Globalisation has forged interdependency among organisations and individuals in different country markets. This unit examines the drivers of globalisation and international business. It explores the diversity of country markets at an introductory level, introducing key knowledge and skills for operating businesses effectively - responding to the opportunities, challenges and risks of conducting business across politically, economically and culturally diverse environments. In this unit you can gain an awareness of the unique knowledge and skills required of management to operate business internationally across diverse contexts, which will inform future studies in this field.
AMB111 Advertising Works
This unit serves as the introduction and prerequisite to later units in the advertising course and as a useful elective for students taking other courses. The unit provides you with a thorough fundamental knowledge of advertising principles and a practical understanding of the techniques and practices used by today's advertising agencies and clients, including strategy development, media planning, creative development, integration of other communications and analysing an advertising campaign.
AMB140 Marketing for the Real World
AMB140 Marketing for the Real World follows the introductory marketing unit in the marketing major and minor and provides a focus on the implementation and evaluation of the marketing plan at a small business level. Emphasis is placed on the responsibilities within a marketing team for planning, developing, organising, implementing, controlling, and evaluating marketing activities. The unit prepares students for other marketing units in the major.
AMB163 Introduction to Public Relations
AMB163 Introduction to Public Relations answers three important questions: (a) what is public relations, (b) why do organisations need public relations, and (c) how is public relations practised? The unit introduces key concepts of public relations and lays a foundation for subsequent study in the discipline. This unit applies the role and influence of publics and stakeholders into multiple contexts including crisis communication, stakeholder engagement, and integrated communication. The unit showcases the range of potential careers available in public relations.
AMB164 Media Relations and Publicity
AMB164 Media Relations and Publicity introduces you to the tools and techniques you will need to work with the media and get positive publicity for organisations. This makes the unit an ideal elective for students from any discipline looking to add value to their major. The tools and techniques covered in AMB164 Media Relations and Publicity will also provide foundational knowledge and skills for use in subsequent units in the public relations major and minor. AMB164 Media Relations and Publicity helps you develop the skills required to effectively communicate with audiences on behalf of organisations through legacy/traditional and other forms of media.
AMB223 Create Advertising
Creativity! Whether you're a budding wordsmith, a marketing enthusiast, or simply eager to harness the power of imagination, this unit is your gateway to mastering the techniques that make advertisements stand out in a dynamic marketplace, encompassing the ever-evolving digital landscape. It also establishes the benchmarks for assessing creative work and lends support for fostering creative ideas.
AMB224 Consumers and Media Channels
This unit introduces you to the strategic use of paid, owned and earned media to effectively reach consumers using media channels within an advertising campaign. You will develop skills to analyse data to research consumer attitudes and behaviours and develop creative consumer insights. Based on these insights you will work together in a team to develop a media strategy. This unit works closely with media industry professionals. Completing this unit will be beneficial to students who would like to pursue careers in advertising, digital or media agencies or media sales.
AMB299 Marketing Communication
Marketing Communication brings advertising, marketing, and public relations students together to solve real world problems. In the unit, you will strengthen creative, digital, and research skills in real world settings. First, you will use marketing communication planning principles to audit and transform existing strategy--a core skill required in industry. Second, you will respond to a client brief by researching the situation and creating and pitching your evidence-based marketing communication strategy to industry. You will also be able to assess and reflect on your career readiness.
AMN436 Developing Cultural Intelligence
In a globalised world, workplaces are increasingly filled with a diverse range of people from different nationalities, ethnicities, and cultural backgrounds. Diverse perspectives create more effective outcomes, yet can also cause misunderstanding, frustration, poor team performance, unintentional offense and lack of trust. This unit introduces Cultural Intelligence (CQ) – the ability to adapt, relate and work effectively with teams across cultures. In this unit students will develop an understanding of the key aspects of CQ by engaging with theoretical frameworks for interpreting differences in cultural behaviour in conjunction with developing skills which can help in responding appropriately and effectively to culturally diverse situations. This unit will be of value to students seeking global careers and those currently working in multicultural team environments.
Business and law
BSB105 The Future Enterprise
This introductory unit is designed to equip business students with the essential knowledge and skills to navigate rapidly evolving business landscapes in the ‘Economy of Algorithms’ and thrive in the future of work. Drawing on real-world cases, students will explore the dynamics of digital transformation and disruption, preparing students to lead their organisations through technological shifts, fostering innovation and resilience. Students will evaluate and build their digital capabilities, preparing them as future business leaders equipped to make responsible decisions in the digital realm that are integral to long-term business success and societal well-being. Students will emerge as strategic thinkers capable of leveraging their own digital capabilities and digital tools to drive business success. This unit is relevant to students of all business disciplines, preparing you for the future of work and introducing you to business capabilities to ignite your career.
BSB106 Dynamic Markets
In this introductory business core unit, you will explore how value is created for organisations and customers through the process of exchange in dynamic market environments. You will learn about how businesses interact with consumers and other stakeholders, gain an understanding of the forces that drive behaviour in different market settings, and explore strategies organisations use to enter and operate within dynamic markets to co-create value with customers and stakeholders. This unit is relevant to students of all business disciplines, introducing you to evidence-based skills needed to analyse and critically appraise the trade-offs required to create value and succeed in complex business settings. Along with the rest of the introductory business core, this unit forms the foundation for further study across the breadth of business disciplines, introducing you to business capabilities to prepare you for the future world of work and ignite your career.
BSB107 Financial Performance and Responsibility
In this introductory core unit, you will learn financial literacy and decision making at both personal and business levels, integrating technical skills with their social and ethical impacts throughout. You will acquire a foundational understanding of financial concepts and principles and their application across these contexts. From a personal perspective you will learn strategies for effectively managing your personal finances to achieve future focused financial goals and how to recognize common financial risks. From a business perspective, you will learn how to analyse and assess company performance using financial statements and sustainability reports. This unit, along with the rest of the introductory business core, forms the foundation for further study across the breadth of business disciplines and introduces you to business capabilities to prepare you for the future world of work and ignite your career.
BSB108 Business Environment
In this introductory business unit, you will examine the features that define and shape the national, international and global environments in which businesses operate. You will gain an understanding of the roles of key economic, political and legal institutions and regulatory frameworks and how they impact businesses, and apply critical thinking skills and evidence-based approaches to solve real-world business problems. This unit also introduces you to professional skills in analysing and presenting data to inform business decisions. Along with the rest of the introductory business core, this unit forms the foundation for further study across the breadth of business disciplines, introducing you to business capabilities to prepare you for the future world of work and ignite your career.
BSB130 Social Enterprises
Real world social and environmental issues are increasingly addressed through business means in an emerging form of hybrid organisation – the social enterprise. Traditionally, the government and charity sectors sought to meet community needs, however resource constraints and increasing demand make this increasingly difficult. Social enterprises provide innovative and sustainable solutions to resourcing and fulfilling charitable purposes via business means. This business core option unit introduces you to social enterprises in a global perspective, and helps you to develop Human-Centred Design skills as you build a social enterprise business plan.
BSB131 Applied Business Analytics
Organisations use business analytics to understand and solve business problems, increase efficiency, leverage productivity, and ultimately enhance the business performance of organisations. This business core option unit introduces you to a practical framework for data collection, aggregation, processing, and modelling to transform data into business insights. You will gain knowledge of key business analytics methods and approaches, and build skills in using Excel to manage and analyse data sets — valuable competencies that will help you to improve decision-making in contemporary business environments across all business disciplines.
BSB151 Business Law and Governance
This foundational unit aims to help students understand that in business, choosing the "right" thing to do involves a range of quite different conceptualizations of what is "right". By using Ethics, the Law and Governance principles to determine what is right, we emphasize the need for tomorrow's business leaders to understand different ways people judge what is "right" and introduce critical business concepts such as governance, fiduciary duties, agency law, contract and negligence (duty of care). Through use classical ethical frameworks as well as statute and case law, students will develop the ability to justify what is the right thing to do in a number of different business scenarios. In so doing the unit also addresses specific legal issues germane to all fields of business and professional contexts while developing problem solving skills relevant to contemporary business.
BSB250 Business Citizenship
This unit acts as a bridge to the introductory aspects of business education to the more complex issues involved in operating a business ethically and effectively. It explores how corporate citizenship requires a company to respond to a set of inter-related expectations arising at the individual, national and global levels. Students will extend their understanding of ethics developed in foundational units by reflecting on their personal approaches to ethical dilemmas. At the national level, the unit explores core principles of the legal framework within which corporations operate, including key rights and responsibilities. From a global view, students will explore different perspectives on corporate social responsibility and grapple with the difficulty of balancing conflicting expectations of stakeholders through application of the UN sustainability development goals. As a result, students will develop a greater appreciation for the tradeoffs inherent in complex decision-making.
BSN450 Business Intelligence
In this multidisciplinary business core unit, you will learn about approaches and technologies used by enterprises to research business problems and develop knowledge guiding effective business strategy. Through hands-on application of key theories and business research tools, you will gain skills in collecting and analysing data about the business environment (e.g., consumers and competitors) as well as its internal processes, and generate insights to help businesses create value through innovation, product development and process improvement. You will develop skills in conducting business research, working in team contexts and using powerful visualisation tools to present complex business insights to professional audiences. This unit is the first of two business core units that form the foundation for further study across the breadth of business disciplines, introducing you to business capabilities to prepare you for the future world of work and ignite your career.
BSN550 Responsible Enterprise
Excellent enterprises generate a profit, but also seek to achieve these economic benefits ethically and sustainably - thus minimising impact on people and planet. In this multidisciplinary business core unit, you will develop an applied understanding of ethical frameworks in business, and practise critical systems thinking and problem solving skills required for effective leadership in the future world of work. You will explore your own values in relation to Indigenous Australian, philosophical and psychological ethical perspectives. You will apply a values-based approach to conceptualising and addressing complex systems and business problems aligned with the United Nations Sustainable Development Goals (SDGs), spanning for-profit, not-for-profit, government and hybrid contexts. This unit informs further study across the breadth of business disciplines, developing business capabilities to prepare you for the future of business and ignite your career.
Economics and finance
EFB106 Cost-Benefit Analysis for Project Appraisal
Cost Benefit Analysis (CBA) is a key technique used to appraise the relative desirability of competing alternative uses of limited resources. CBA supports decision making with respect to investment alternatives across a range of industries in the public and private sector. CBA has been used intensively in investment projects, socio-economic programmes and policies. The unit provides students with foundational knowledge and basic skills of CBA. Also, learning activities are designed to allow students to take multiple perspectives and sustainability principles in analyzing costs and benefits.
EFB228 Microeconomics
This unit explores the economic analysis of and the interplay between the decisions and actions of consumers, firms and governments in modern economies. The theoretical and empirical content of this unit provides a basis for understanding these decisions and actions with a focus on applications to real world contexts. You will develop the ability to understand and apply microeconomic concepts to a range of contemporary economic issues and problems at an intermediate level. Further, the unit provides the basis for appreciation of a range of issues that can improve managerial decision-making to the formulation of public policy that can improve the welfare of the community. The unit prepares you for a major in economics and develops your ability to apply microeconomic knowledge and critical thinking skills to economic problems in real world contexts.
EFB229 Macroeconomics
Macroeconomics is one of the key fields in economics. It is a study of economic aggregates, such as GDP, inflation and unemployment rates, economic growth and income distribution, etc. A major focus of macroeconomics is on economic policies that affect these aggregate measures. The unit goes beyond the basic overview of the workings of the economy and provides an in-depth analysis of fundamental macroeconomic ideas. It also develops the capabilities and skills to equip you with a deeper understanding of the macroeconomic policies and their applications in the real world.
EFB231 Economics
Economics studies the efficient use and distribution of scarce resources. It is concerned with how people make decisions and interact in markets. Economics examines the role of government in either obstructing or improving market outcomes and the effect of those decisions on the well-being of society. Economics also studies the economy as a whole and key issues explored in this unit include economic growth, inflation, unemployment and international trade. In studying these issues economists can understand how to manage the economy for the good of its citizens. In this unit students develop an understanding of the key principles and tools that economists use to interpret and critically analyse economic policies that impact on Australia and the global economy.
USB141 Building Construction
Building Construction develops the construction concepts and applies them to the industrial property, retail centres, commercial and residential property. The unit provides the construction and design background that defines good quality building materials, design, layout and construction. These concepts will provide the basis for the understanding of how construction type and quality are reflected in the market demand and value of these property types from a development, valuation and investment perspective.
USB143 Money and Wealth
Money and Wealth provides the foundation academic skills and knowledge to understand how accounting and investment interacts with the day to day valuation and property professions and how these principles of accounting can assist in the analysis and interpretation of the financial aspects of going concern valuations and property ownership and management.
USB145 Property Transactions
Property Transactions provides the foundation knowledge to understand the fundamentals of property rights and the legal rights and responsibilities for a property professional participating in property transactions. You will develop an understanding of contracts associated with buying, selling and leasing property and how to maintain best practice to avoid exposure to legal liability. In addition you will be introduced to legal structures for the delivery of property development and investment projects.
Management
MGB130 Managing People
Everyone in business, government and non-for-profit organisations works with other people, and organisational behaviour provides the knowledge and tools to interact with others effectively. No matter what career path you choose, you'll find that organisational behaviour concepts play an important part in performing your job and working more effectively within organisations. In this unit we will examine how individual differences impact upon what people think, feel, and do in the workplace, and how this understanding of people can help us build more fulfilling and successful workplaces. By taking an interdisciplinary and interprofessional perspective, drawing on the fields of management, HR, psychology, behavioural economics and sociology, we focus on getting the best out of people at work, including ourselves, by promoting the sustainable and ethical integration of the business needs and the individual's needs.
MGB131 Introducing Human Resource Management
This unit introduces you to the strategic perspective on human resource management and the growing use ofevidence based human resource decision making, such as HR analytics, to increase organisational effectiveness.This unit explores how the core roles and functions of HRM, including recruitment and selection, learning anddevelopment, and performance and reward management, need to be aligned with organisational strategy toachieve business goals.
MGB132 Obligations and Options for Employing People
As a Human Resource Manager you must be aware of the legal, political, social, economic, financial and ethical factors impacting choices about employing people. These are addressed in this unit through theory and practice.
MGB133 Managing Strategy
The purpose of this introductory unit is to provide you with awareness of why organisations exist; how they position and organise themselves with respect to their dynamic capabilities, task environment, and general environment; and what tools managers can use to gather and interpret information to inform strategic plans and decisions. By drawing on a range of real world and hypothetical cases, this unit provides you with a macro-level view of management, focusing on the technical systems side of management activities.
MGB231 Developing Talent
We live in exciting times with technology driving change at an ever-increasing rate. To remain competitive in thisworld, organisations and individuals need to be adaptive and flexible. This means being able to effectively analyse andassess current capabilities and then take necessary organisational learning and development action. This unit providesyou with the knowledge and skills required to carry out these functions and in so doing, gives you the tools needed tobe a positive driver of organisational success.
MGB232 Managing Performance and Rewards
Performance and reward management is a key functional area of HRM and is of critical importance in supporting organisations to maintain a competitive advantage. Therefore, it is imperative that you understand the strategic framework and the underlying psychological principles that maximise employee performance. This unit contributes significantly to your understanding of people management, your HR diagnostic skills and your ability to develop HR policies and procedures to support employee, managerial and organisational effectiveness.
MGB234 Managing Knowledge, Innovation, and Creativity
Managing knowledge and innovation are key drivers of success for many of today's firms and ventures and are integral to an organisation's ability to survive and thrive in a dynamic and competitive marketplace. The purpose of Managing Knowledge & Innovation is to extend your understanding of the human and technical systems of organisations by focusing on how information and knowledge can be harnessed for innovation and competitive advantage. With a focus on the theories and frameworks to inform decisions for organising human and technical systems, this unit develops your understanding of the meso-level responsibilities of management, and parallels.
MGB235 Monitoring and Managing Operational Performance
The production of goods or services is the core activity of all organisations, irrespective of whether the organisation is part of the private sector, the public sector, or the not-for-profit sector. The operational performance of organisations is only made possible by the integrated support of other functional and administrative areas of the organisation. It is essential that you gain an understanding of the central issues of how operations produce organisational outputs, and how other functional and administrative areas contribute to the performance of this core activity. Monitoring and Managing Operational Performance focuses on providing you with a "manager's toolkit" for identifying, monitoring and enhancing the operational performance of organisations' socio-technical systems. By focusing on management tools, you will develop a critical awareness of the interdependence of human, technical, competitive, and financial domains of control.
MGB236 Identifying and Managing Risk
Developing an understanding of risk management, in theory and practice, is essential for ensuring resilient and sustainable organisations. Effective risk management outcomes result from the analysis of uncertainties embedded in human knowledge, systems of management and processes in commerce, and from implementing mitigation strategies generated to address these factors. This unit seeks to develop students managerial toolkit with current Risk Management models and current national and international risk standards. All forms of organisations face and manage risk in different ways, and this unit shares insights for managing risk in an array of private, public, and entrepreneurial contexts.
MGB237 Managing Projects for Performance
Increasing technical and product complexity, shortening 'time to market' windows, and the need for cross-functional integration and fast responses to changing client needs elevate the importance of organising work by projects. This developmental level unit applies knowledge and skills in effectively managing projects, gained by focusing on the central issues of project selection, planning and evaluation. It integrates the socio-cultural elements of management including leadership, problem-solving, stakeholder management and managing uncertainty with the technical elements of scope, work breakdown structure, scheduling and resource allocations. In this unit you will develop practical and career relevant skills to successfully manage various types of projects.
MGB348 Implementing Sustainable Change
Corporate sustainability is central to ongoing organisational success. A sustainable organisation manages its processes, products and people in an ecologically aware and socially responsible way. The ability to plan and manage the change programs needed to achieve corporate sustainability goals is an integral management competency. Sustainable change requires consideration of the fit of the organisation to its contexts (MGB133); organisational continuity (MGB236 & MGB234), efficiency (MGB235 & MGB237), and effective people management (MGB130). It also requires consideration of multi-stakeholder and Indigenous perspectives, legal and societal expectations, and human dimensions of change. This unit will help you develop the skills and tools needed to make a significant contribution to sustainable and socially responsible change. It is an important parallel for the capstone unit, where these diverse and intersecting responsibilities are applied.
MGN415 HRM Theory and Practice
An introductory level unit, this unit will provide you with an understanding of the interplay between organisational effectiveness, long-term sustainability, and the management and organisation of people in the workplace. The unit fosters discipline knowledge, analytical and action orientated competencies and prepares students for advanced study in the field. This unit is the foundation unit in HRM in the MBus (HRM) and related courses. It overviews the profession of HRM and the practice of the HR Professional in the organisation.
MGN532 Investigating Real-World Business Issues
The unit focuses on developing the skills necessary to define and design a proposal to address a real-world business issue. Adopting a systematic approach to defining and designing a business project, the unit offers students the opportunity to develop the research in practice skills necessary to address a real-world business issue. Students will learn how to convert business issues into an actionable project proposal and develop and apply research informed skills to communicate actionable socially responsible solutions.
MGN533 Strategic Business Intelligence for Managers
The digital revolution has changed business practices and enabled access to a range of data, which can support business decisions, help businesses better understand their customers and improve performance. The value of data can only be realised when it is translated into meaningful information, which provides a basis for informed decision-making. In this unit you will extend your foundational understanding of business intelligence to learn how to extract value from complex datasets. Through exposure to theoretical frameworks and real world application, you will gain skills to address contemporary issues facing organisations as they leverage data for decision-making, evaluate ethical considerations, explore artificial intelligence (Al) possibilities, and craft data-driven business strategies based on industry accepted data analytic processes. You will learn how to incorporate evidence-driven decision-making at all levels of the organisation.
MGN535 Contemporary Issues in Human Resource Management
This unit is designed to familiarise students with significant current and future issues affecting the management of human resources in organisations. The focus on contemporary trends and issues impacting and influencing Human Resource Management (HRM) are relevant to not only human resource (HR) managers but also to other managers to understand how work should be best managed in the future. This unit teaches students how to use multisource data in an HR context to inform decision making and intervention design around contemporary issues. Connecting theory with practice, the unit begins with an overview of current issues impacting on HRM which students then research. Consequently, the unit content may vary each semester according to which issues are identified as significant at the time.
MGN537 Organising and Leading Projects
This unit provides you with opportunities to build individual and team based knowledge in project management, and practice your skills in a group acting as consultants designing a program of change to meet stakeholder requirements and offering appropriate recommendations to your client to achieve performance improvement through the management of change. The unit prepares you for developing your own projects of work and for undertaking the capstone unit.
MGN560 Strategic HRM
This unit is aimed at building on your understanding of HR strategies and practices gained in other postgraduate HRM Units, therefore it is expected you undertake this in your final year. The unit bridges the gap between HRM research and practice by requiring you to apply scholarly research and theory to case studies based on real world workforce issues. In this unit you will be required to use relevant technologies, analyse HR data and use previously acquired knowledge of HR theory and practice to address a series of strategic HRM issues and provide practical advice for business leaders. Finally, the unit focusses on you as an HR professional and the role you play in providing ethical HR leadership to support decent work within organisations.
MGN565 Consulting and Change Management
Technological shifts, social change, uncertain economic conditions, and the emergence of new business models have created a highly competitive and dynamic business environment. In this new era, the effective management of change has become essential for sustained organisational success and has become an essential competency for management professionals. In this unit you will explore the complexities of change management, develop practical competencies in planning organisational change and the use of change management technologies. Upon completion of this unit, you will be equipped with practical tools and road maps for managing organisational change.
MGN585 Entrepreneurial Leadership
Entrepreneurial leadership has become a standard skill of successful managers. Entrepreneurship is the identification and evaluation of new opportunities, which lead to the creation of new ventures as well as the growth of existing businesses. This unit is designed to equip students with state-of-the-art techniques developed by leading universities, innovators, and entrepreneurs. This allows them to pursue high-impact entrepreneurship focusing on social value and sustainable development.
MGN599 Innovation in Practice
Fostering an innovation culture and developing innovation capabilities, including human centered design, are fast becoming strategic imperatives for many organisations in order to keep up with the pace of change. Whether adopting a first-to-market or fast follower approach, organisations are recognising the importance of increasing maturity levels in capability to respond to market changes and disruption to their existing business. In this capstone unit you will use human centered design to work through a real world business problem to identify and develop disruptive ideas, but to also facilitate the process of research informed innovation. Participating in real-world practices, you will gain skills and expertise that you can apply to a wide range of business opportunities and challenges, in roles which are internal or external to the business.
Qutex
GSZ601 Leading Self and Others
Leaders develop their leadership skills through self-awareness, individual planning, courage and commitment. Through the application of personal insight and feedback they understand their strengths, weaknesses and opportunities for improvement, building capacity both within themselves and those they lead. Effective personal and inter-personal leadership is fundamental to excellence in all aspects of the enterprise and is the key to mobilising group dynamics and fulfilling human potential.
Units you need background knowledge to study
These units have requirements for previous study or background knowledge. Check the unit’s previous study requirements for details. If you have any questions, contact the unit coordinator for the semester you want to study.
If your previous studies were not in English, or were completed in a country where English is not the first language, you will also need to demonstrate that you meet our English proficiency requirements when you apply.
Business
Accountancy
AYB106 Accounting Processes and Systems
Accounting data is the basis for decision making in any organisation, making it important for any business professional to have a foundational level of knowledge and understanding of modern financial and managerial accounting theory and practice. Accordingly, this unit provides students with introductory knowledge of modern financial accounting theory and practice to develop an understanding of how accounting data is used to inform decisions in organisations. The unit covers financial procedures and reporting for business entities, analysis and interpretation of financial statements, planning, control, business decision making and information communication technologies.The knowledge and skills developed in this introductory unit are relevant to students in accounting and non-accounting majors.
AYB150 Financial Management and Reporting
In this unit you will develop fundamental skills in financial management and financial reporting. This includes gaining practical familiarity with the double-entry accounting system, as well as being able to record and report on various aspects of a business. Having gained a sound understanding of the accounting and reporting processes, you will develop knowledge and skills around how to evaluate an organisation's financial structure and manage its financial future.
AYB201 Financial Accounting and Reporting
External financial reports are a legal requirement for companies under the Australian Corporations Act and provide decision-useful information for interested users. Therefore, it is a requirement for accountants working in industry to know and understand: accounting concepts and procedures; specific technical accounting and legal requirements: and, general professional and ethical concepts. These are required in order to be able to prepare, present and explain external financial reports for users. Similarly, this knowledge and skill is a requirement for auditors who perform audits and reviews of external financial reports.
AYB202 Management Accounting
Management accounting involves sourcing, analysing and communicating decision-relevant financial and non-financial information to generate value and maintain a competitive advantage. All organizations utilize management accounting practices regardless of their industry or size. You will learn about concepts, techniques, and sustainability practices that organizations can use to allocate costs to products or services; plan, control and measure performance; and be able to identify and provide management with relevant information to inform their decision-making.
AYB203 Taxation
As many business decisions involve a consideration of the taxation implications, Accountancy graduates should possess a basic knowledge of the Australian taxation system so that they can develop skills required for professional practice. The purpose of this unit is to enable students to develop an understanding of the basic fundamentals of taxation. AYB203 Taxation is a prerequisite for AYB320 Advanced Taxation Law.
AYB205 Law of Business Entities
Under Australian law, both individuals and businesses may organise their affairs through various types of business structures. Each structure has characteristics that differ and each structure affects the nature of their responsibilities, obligations, internal and external relationships. Accountants are often called upon to audit, advise and assist clients with their business endeavours and are required to understand the attributes of such business structures and the laws and regulations that affect them.
AYB227 International Accounting
As business and financial markets have become increasingly globalised, the significance of the differences in international, financial accounting policies and disclosure and reporting practices, have become more important, especially from the perspective of management, financial analysts and other users of financial statements including trillion dollar pension/superannuation funds. For these key interest groups, it is vital not only to be aware of international differences in financial accounting policies and practices, but also to be able to assess their impact on earnings and assets and key performance indicators and ratios, for example, return on assets. Additional key issues in globalised business operations relate to an understanding and appreciation of cultural diversity issues and the global trends in foreign currency transactions and hedging, global corporate sustainability, international taxation and international audit.
AYB230 Corporations Law
Individuals and businesses may organise their affairs through various legal structures. One of the most common ways to organise a business structure is through incorporation. Accordingly, accountants should have a detailed knowledge about corporations as a particular type of business structure.
AYB232 Financial Services Regulation and Law
This course is developed for students who will be, or intend to embark on careers as, financial advisors and planners, accountants, auditors, business analysts and stockbrokers. It is designed to aid the students' understanding of the regulatory fundamentals and the key provisions of the law and regulations relating to corporate securities and financial services.
AYB240 Superannuation and Retirement Planning
Mandatory superannuation savings under the Australian retirement incomes policy have seen the superannuation industry grow to nearly $3 trillion, with almost all workers now having superannuation benefits. Expansion of superannuation fund and investment choice has also increasingly shifted investment decision-making to superannuation fund members. Superannuation has become an almost universal benefit affecting virtually every business and employee. However, the superannuation system is complex and subject to a broad range of regulation governing all facets of the operations of the superannuation industry. This unit introduces students to the Australian superannuation system and the regulatory framework under which it operates. Knowledge and understanding of superannuation is important to financial planning, accounting graduates, particularly if they will be involved with the superannuation advice to clients or employers, administration or auditing of superannuation funds.
AYB250 Personal Financial Planning
With the increasing complexity of taxation laws, the ageing population and the focus on self-reliance in retirement, individuals expect their financial advisers to be professionally equipped to assist them in effective investment and risk management and also with complex retirement planning strategies. As a result, many professional accounting firms, banks and independent financial advise firms now offer financial planning services as part and parcel of the services they are offering to their individual clients. QUT graduates who have acquired skills and knowledge in this area will have a definite competitive advantage when seeking financial planning related employment.
AYB301 Audit and Assurance
Audit and Assurance is a third year unit, which is included in the degree program to enable students to comprehend the key concepts of auditing as a discipline, to demonstrate the relationship between auditing and the systems of accountability and to demonstrate the differences between manual and computerised information systems (CIS) audit processes. The unit builds on the knowledge of accounting and accounting standards acquired in prior units by enabling students to understand in detail the audit process (including professional auditing standards and techniques and ethical requirements) which leads to the auditor providing an opinion on the truth and fairness of financial reports of various types of entities.
AYB311 Financial Accounting Issues
This unit extends the knowledge acquired in earlier accounting units to examine accounting theories and reporting practices adopted in the financial statements of reporting entities and publicly listed companies to meet the decision-making needs of external parties. Emphasis is placed on developing an understanding of, and the ability to critically evaluate, how regulatory requirements and incentives affect financial reporting. The unit explores the different governance models of corporations and relates them to their financial reporting environment. This framework provides a basis for examining specific accounting issues with an emphasis on both the application of specific accounting measurement models (e.g. historic cost versus fair value) or regulatory provisions (e.g. continuous disclosure requirements). The unit also analyses key issues of debate in the international arena.
AYB320 Advanced Taxation Law
As many business decisions involve a consideration of the taxation implications, accountancy graduates should possess knowledge of the Australian taxation system so that they can develop skills required for professional practice. The purpose of this unit is to enhance student's understanding of taxation concepts by extending the basic fundamental principles learned in AYB219 Taxation Law and exploring advanced taxation concepts in more depth.
AYB321 Strategic Management Accounting
Strategic management accounting is a key component of the overall skills base of today’s professional accountant. This unit will provide an in-depth understanding of management accounting techniques designed to support strategy by building on the technical knowledge gained in AYB202. The unit examines the strategic management accountants’ role in dynamic organisations and considers the skills and competencies that management accountants should develop to stay competitive as value-adding members of management teams in the global business environment. By the end of this unit, students will be able to identify and analyse complex situations from a strategic perspective and generate a range of effective alternative options and innovative solutions suitable for real-world situations.
AYB340 Company Accounting
As an accountant, most of the work you will undertake as a practitioner will involve accounting for companies. In this context, accountants are required to interpret and apply accounting standards, and other statutory requirements governing the accounting procedures reflected in the content of a company's financial statements. This unit contributes to the knowledge and technical skills you will need to prepare and present financial statements for companies. This unit builds on the prerequisite units by applying accounting principles to complex company accounting issues and building upon your understanding and knowledge of ICT in accounting. It provides a foundation for subsequent units by developing critical analytical skills through an examination of theoretical accounting issues, accounting regulation and practice.
AYN414 Cost and Management Accounting
The objective of management accounting is to deliver effective business insights to help managers of organisations (profit and non-profit) achieve the strategic goals of their firm. In this unit you will learn to evaluate data and perform analytical techniques that support decisions such as costing a firm's products or services, budgeting, and performance management.
AYN416 Financial Accounting Processes
All firms need to prepare financial statements at least annually. AYN416 provides a comprehensive introduction to financial accounting processes from both a practical and theoretical viewpoint. Being the first accounting unit in the Master of Business (Professional Accounting) AYN416 also provides the foundation for studies in all the other accounting related units in the degree course particularly AYN417 Corporate Accounting and AYN418 Advanced Financial Accounting.
AYN456 Business and Corporations Law
As many business decisions involve consideration of business and corporate law, postgraduates with an accountancy degree should possess a functional understanding of Australia's legal system. Knowledge of business and company law will equip them with skills for professional practice as well as enhance their capacity to navigate increasingly complex business landscapes. This unit introduces students to Australia's legal environment, developing students' knowledge and understanding of core principles of law while also introducing basic research and analysis skills essential to effective decision in this space.
AYN471 Financial Literacy and Decision Making
This unit enables non-accountants to understand financial information. Developing basic financial literacy skills and an appreciation of accountability is necessary for managers, executives and board members of organisations across the for-profit, non-profit and public sectors. Being able to analyse and interpret financial and annual reports is critical to understand the financial position of an organisation, and therefore practice good governance, decision making, transparency, the achievement of an organisation's purpose, strategic decision making, and communicating with both internal and external stakeholders. The unit also equips students with financial and non-financial knowledge and skills used by managers that supports broader operational decision making, e.g., budgeting, sustainability reporting, and performance reporting. Specific financial and accountability challenges which face for profit, non-profit and public sector organisations are also examined.
AYN473 Managing Non-profits and Social Enterprises
This unit introduces the Third Sector sector and explores the demands of being managing human, financial and operational resources and activities. Organisations in this sector address complex and wicked problems, so managers are expected to adopt management theory and strategies which effectively and efficiently create positive outcomes and impact for individuals and communities. This unit explores management theory and practices that focus on, understanding organisational and community problems, building and maintaining social and human capital, and implementing good practice in professional and organisational contexts. Additionally, nonprofit organisations and social enterprises are increasingly seeking new sources of revenue, developing social innovations and programs, and using data to harness insights to drive decision making. This means the need for effective social business planning, strategy, and diverse managerial skills is critical in today’s environment.
AYN572 Program Evaluation in Organisations
This unit introduces students to the discipline of program evaluation. Program evaluation is a transdisciplinary field that focusses on understanding the merit, worth or significance of programs, policies, and/or practices in order to determine their suitability and assess their effectiveness and efficiency. Evaluation can also help to enhance organisational transparency and accountability toward different stakeholders. In this unit, students will be introduced to critical theoretical perspectives and worldviews underpinning different evaluation practices and purposes, including ethical and stakeholder considerations. This will lead to students learning how to plan and design evaluations including understanding different methodological approaches and their application in varied contexts. The focus of the unit is program evaluation in organisations such as charities, foundations, nonprofit organisations, public sector entities and social enterprises.
Advertising, marketing and public relations
AMB120 Bridging Cultures
Understand the skills, behaviours and attitudes required to work effectively with people from different cultural backgrounds, and develop practical strategies to interpret difference and respond appropriately in culturally diverse situations. Our increasingly globalised workplaces need graduates with awareness, understanding, sensitivity to, and an ability to deal with cultural diversity. The knowledge and skills developed in this unit are particularly valuable for a range of international exchange students: those planning an outbound program and those already inbound, for shorter programs or full degrees at QUT. Students with an interest in intercultural communication and those who are learning or have learned a second language will also benefit from this unit.
AMB200 Understanding how Consumers Think, Feel, and (Mis)Behave
A fundamental component of effective and successful marketing activity is an understanding of consumers, their needs and behaviours. Studying the behaviour of consumers in a wide range of situations and circumstances provides marketers with clear guidelines for the development of marketing strategy. This unit provides the foundation theories for the marketing major.
AMB201 Marketing and Audience Analytics
The systematic and objective identification, collection, analysis, and dissemination of information is essential for any business to make informed decisions about how to address problems and opportunities in their markets. All business leaders must understand the challenges, opportunities and limitations of the marketing research process; questions that marketing research can answer and questions it can't, and be able to draw appropriate conclusions from different types of data that may be collected during marketing research.This subject builds on basic marketing knowledge and students are involved in, and guided through, a practical, applied marketing research exercise based on a research brief chosen at the start of each semester. This provides the foundations for interpreting case studies, theories and research information presented in more advanced subjects.
AMB205 Retail Planning and Sales Management
The Australian retail sector is worth more than $400bn annually, employing 1.3 million people, across 140,000 physical and online stores. In recent years, shifts in customer behaviour, the growth of new retail format, the emergence of eCommerce and the entry of online marketplaces, have resulted in structural challenges. To operate a retail business successfully and profitably in today's competitive marketplace, managers need to understand the challenging and changing retail landscape. Retail Planning and Sales Management explores the history and evolution of retail. Students will learn basic decision-making frameworks to assist in planning, general retailing principles, strategies and tactics, enabling them to operate a retail business in continuously shifting marketplace. The unit also introduces students to the related disciplines of customer journey mapping, customer behaviour, selling and sales management, and market share growth strategies.
AMB207 Entertainment Marketing in a Digital World
As one of the largest industries in the world, and having been hit dramatically by COVID-19, the entertainment industry offers significant opportunities along with unique challenges for the application of marketing and communication tools. The unit is designed to be part of the Tourism and Entertainment Marketing minor or to be taken as an elective by students with a particular interest in the area of entertainment marketing.
AMB209 Designing a Competitive Tourism Strategy
The success of individual tourism businesses is reliant to some extent on the competitiveness of their destination. This unit explores how a destination marketing organisation (DMO) is formed when a community recognises the need to become organised in destination promotions. Examine opportunities for the DMO and tourism stakeholders to collaborate in the development and implementation of a competitive destination marketing strategy. Learning resources and assessments explore how marketing theories can be applied to tourism marketing practice.
AMB211 Branding for the Real World
The study and understanding of fundamental brand management concepts is relevant to students pursuing a variety of career outcomes (marketing, advertising, public relations, consulting, entrepreneurship, etc.) because brands are some of a firm's most valuable assets. Brands are an investment and an asset and help firms attract and, more importantly, keep customers.
AMB277 Stakeholders and Community Engagement: Local and Global Perspectives
This unit introduces students to stakeholder and community engagement, a key practice area of public relations. Students will explore the theoretical foundations of stakeholder and community engagement at a local and global level to understand and formulate contemporary communication and relationship strategies, to inform planning, and implementation. Students will develop the skills and knowledge needed to help organisations identify stakeholder and community expectations, develop and implement appropriate engagement programs, and evaluate engagement strategies within a framework of ethical practice.
AMB303 International Logistics
Current and future managers in businesses need to comprehend the role which logistics and supply chain management play in enhancing corporate performance.
AMB330 Digital Optimisation
Digital has changed the way we think, communicate and purchase as consumers. The digital environment permeates our decision making as advertising and marketing communication professionals. Hence, an understanding of how to optimise an organisation's digital offerings and how to measure its performance is a critical vocational skill. In this unit, students work with a real world client to integrate digital tools into customer journey mapping. These tools include search engine optimisation (SEO), Google Ads, organic social and paid social.
AMB336 International Marketing
Globalisation has required firms to look beyond their domestic markets to remain competitive and profitable. An understanding of marketing internationally is vital in today's global marketplace where different challenges and value systems exist.
AMB340 Marketing Service Experiences
This unit uses the core characteristics of service experiences as a framework to explore strategies for the marketing of services domestically and internationally. Services marketing is an important growth area and students need to understand how services marketing principles apply to the real world. This will be achieved by examining the application of marketing concepts, models and tools in services using case studies and practical experiences. Service quality management and the pervading influence of technology are critical topics that differentiate this unit within the marketing program.
AMB373 Issues and Crisis Communication
Issues and Crisis Communication examines public relations practice to manage and communicate issues (e.g., around sustainability) and crises (e.g., product recalls) to support organisational and brand trust, reputation, and relationships. The unit provides foundational skills and knowledge of the issues management process, including monitoring and tracking public opinion, information analysis, and developing appropriate organisational responses. It also provides contemporary guidance on how to effectively communicate during crises.
AMB375 Internal Communication and Change
Communication is central to organisational practice. Internal Communication and Change will provide theoretical and practical insights to equip students to identify, analyse, and respond to communication challenges in contemporary organisations.
AMB399 Capstone Experience
Getting from the Capstone unit to a career in advertising, marketing, public relations or international business generally involves an interview where three questions are most often asked: Who are you? What can you do? and How well do you work with others? Your Capstone Experience seeks to help you answer those questions and be job-ready and discipline smart. By bringing all your previous learning and discipline theories to an industry-based team brief, the Capstone Experience prepares you for the transition to industry practice, building your professional identity and providing evidence for those important interview questions.
AMN400 Consumer Insights for Marketing Success
As marketers work to develop more effective strategies to attract, reach and maintain their customers, the need to understand how consumers are influenced by both internal and external factors is integral to strategy formulation. The managerial importance of consumer behaviour stems from the marketing concept, so as consumers and their needs become the focus of the business; consumer behaviour forms the cornerstone of marketing strategy.
AMN401 Integrated Marketing Communication
This unit represents a new way of thinking about IMC. Driven by the idea that everything is digital, this unit enhances traditional concepts of integration and synergy with new touchpoints of communication and new tools of measurement to deliver and optimise the ultimate customer experience.
AMN403 Developing Market Intelligence Skills for Decision Making
Examine how market research is used to enhance management decision making. The key to an organisation achieving business goals necessitates being more effective than competitors in creating, communicating and delivering value to customers. This means market decisions must be made with stakeholders in mind. Therefore managers are reliant on information about customers, non-customers, competitors and the operating environment. Learn how to develop a research design that would enable data collection and analysis to address real world management decision problems.
AMN420 Manage Advertising
This unit is an important introduction to the management of successful advertising campaigns. Unless the advertising is based on research, well planned and has a strong strategic focus, the campaign will not be successful - regardless of how good the creative is or how effective the media is planned. Therefore, advertising management is the keystone of successful advertising. This makes this unit of vital importance to all who study advertising or marketing communication.
AMN423 Strategies for Creative Advertising
This unit explores theory and practice of advertising message planning and creation for print, broadcast and digital media. Insight and strategy underpin creative and provides direction for ideation and the benchmark for evaluation. Therefore, an examination of insight, strategy, ideation and execution is essential to effective and creative advertising.
AMN425 Digital Strategy and Analytics
This course spans all the marketing communication disciplines and the practice of advertising, public relations and marketing to deliver a holistic approach to digital strategy. It introduces students to new digital skills that reflect the cutting edge of industry practice and important analytic understanding for decision-making. This unit satisfies the growing demand from industry for strategic thinking and planning, and the expectation of strong digital skills and a desire for evidence based solutions.
AMN430 International Logistics Management
This unit provides an introduction to the logistics functions that allow the planning, procurement, production, movement, distribution and positioning of goods and services for international business. The focus on supply chain management emphasises the requirement of integration of international business activities, and the necessary collaboration between firms to manage not simply the movement and positioning of inventory, but also the management of information, finance, data and knowledge across borders.
AMN431 Marketing Internationally
International markets are becoming increasingly competitive as globalisation, technology changes and distribution changes influence the flows of goods and services. Recognising this criticality, this advanced unit builds on strategic knowledge and skills developed in earlier units, extending students’ ability to apply business and marketing principles, theories and frameworks to key issues in the contemporary international landscape. This unit gives students essential knowledge and skills to understand and strategically respond to the challenges and opportunities of international marketing. Students will evaluate and formulate international marketing strategies, develop and practice their critical thinking, data analysis, and decision making skills, and craft and defend their judgements to make effective contributions to marketing strategy informed by environmental, cultural and ethical understanding.
AMN443 Innovating Products and Customer Experiences
The need for innovation in products and services to compete effectively in a global economy is a core driver of organisational strategy. Digital innovation alone can deliver $315 billion in gross economic value to Australia over the next decade (Data61 2018). This unit combines both the theory and practice of innovation and uses a service design process to show students how to develop new products.
AMN445 Meaningful Marketing: Value Creation and Customer Engagement
This unit provides an introduction to basic concepts, principles and activities of customer-driven marketing at post-graduate level. Some of the principal topics include value-based marketing, strategic marketing planning, consumer behaviour, segmenting and targeting markets, and marketing mix decisions. The overall objective of this unit is to provide each student with a working knowledge of the marketing function, its strategic importance for value creation, its relationship to other internal and external functions, its role in business plans, and its execution.
AMN449 Marketing Revolutionary Social Change
In this unit, you will learn how marketing can be used to bring about revolutionary social change to tackle social problems such as climate change, racism, obesity, and gender inequality. The unit focuses on social marketing - a strategic approach utilising marketing concepts alongside approaches to influence behaviours, practices and social outcomes that benefit individuals and communities for the greater social good. The unit advances the principles, concepts, theory and application of social marketing, explaining how strategic, critical, and systems thinking, the use of theory and research insight, the application of segmentation, designing and planning, and the social marketing intervention mix, and creating value, can all be used to bring behaviour & social change & help solve social problems. You will explore and critically analyse real world social problems and develop innovative and creative solutions using social marketing frameworks.
AMN465 Public Relations Foundations
AMN465 Public Relations Foundations introduces students to public relations as a management function in contemporary organisations. Public relations is based on the management of relationships between organisations and the groups or individuals on whom their success or failure depends. This unit lays the foundation for students to begin to explore the nature of such relationships, and the tools, theories and strategies which may be deployed to successfully manage relationships between organisations and their publics.
AMN468 Crisis and risk: Communicating for brand trust and reputation
Crises and risk like product failures, cyber security incidents, and accidents affect brand and organisational trust and reputation. In this unit, you will learn how to communicate before, during, and after crisis and risk events to support stakeholder trust and mitigate long-term implications on sales and market value. Learning how to navigate crisis and risk is an important skill for business and communication professionals.
Business and law
BSB399 Real World Ready - Business Capstone
What does the business world of the future look like? The business capstone will make you future ready. The future business professional navigates effectively through the unforeseen complexities of future business. This unit will develop students' mindset and skillset to evaluate the business environment, strategy, and performance, and before identifying critical business priorities. The future business professional integrates seamlessly into multidisciplinary teams to develop a holistic view of complex scenarios before addressing these scenarios. This unit will impart students with multidisciplinary team-based techniques to foster design thinking, enhance innovation, and nurture the leaders of tomorrow. Lastly, the future business professional demonstrates ideas compellingly to influence desirable, feasible, and viable change. This unit will advance students' business communication skills to create a positive impact on real-world stakeholders.
BSN405 Project 2
BSN405 is an applied project unit. The student selects a topic which they have identified as significant to their professional development and is expected to spend ten hours per week over the teaching period on completing the project on this topic. The primary purpose of the unit is to augment or extend your professional knowledge beyond classroom instruction, to develop applied research skills, to integrate learning with work, and provide an opportunity for self directed learning. In order to achieve these purposes, you will develop an individually tailored learning contract. The specific program of study will be developed in conjunction with and approved by the academic supervisor.
Economics and finance
EFB130 Multi-disciplinary Approaches to Behaviour Change
In this introductory behavioural economics unit, you will gain a core understanding of human behaviour and decision-making, as well as basic approaches to designing behaviour change solutions (policy and industry) that rely on behavioural uptake. This unit is the first of its kind in Australia, linking theory and practice from multiple disciplines in behaviour change. You will explore a broad range of foundational theories and methods from behavioural economics, economics, social marketing, law and communications, to develop a more comprehensive understanding of factors impacting individual decision making and their applied role in addressing complex social issues. This unit involves a real-world client and asks students to apply behavioural theories and design a basic behaviour change program. This unit is relevant to students of business, law, psychology and health as an elective and as a core unit for the Behavioural Economics major.
EFB201 Financial Markets
This unit introduces students to key elements of global financial markets, and the role of financial markets as an integral part of the economy and society. Topics explored in this unit include products, key players, organization, structure, regulation, ethics of major financial market types. Students will practice key skills of critical exploration and analysis in considering the role of finance theories and models to help understand key financial market events in broader social, economic and political contexts. Students will continue to develop and apply these foundational insights and critical thinking skills in subsequent finance units.
EFB210 Fundamentals of Finance
This unit introduces the fundamental concepts, theories and skills of financial management and how these are applied to solve problems associated with the decisions of financial managers. This is essential knowledge for financial decision makers. Topics covered include: an introduction to the financial institutional framework; an introduction to debt and equity instruments; financial mathematics applied to the pricing of debt and equity securities; a firm's investment decision including Net Present Value and Internal Rate of Return; introduction to risk and uncertainty using the Capital Asset Pricing Model and Weighted Average Cost of Capital concept and risk management. Because of its fundamental nature, this unit is a prerequisite for more advanced units within the finance, accountancy and financial planning study areas, and content studied in this unit forms part of the knowledge and skills required for students seeking professional accountancy accreditation.
EFB222 Introduction to Applied Econometrics
This unit provides a thorough and practical treatment of regression analysis, including the foundations of statistical and mathematical concepts and skills. The statistical and mathematical knowledge and skills taught in this unit are essential in contemporary economic and financial practice with regression analysis the most widely used econometric modelling technique in the fields of economics, finance, accounting and many others. The unit aims to develop students' knowledge of econometric techniques and to apply these to the analysis of business data. Students will develop regression modelling techniques and also the ability to interpret statistical output. This unit serves as a developmental unit to prepare you for further units in Econometrics.
EFB226 Environmental Economics and Policy
The objective of the unit is to introduce students to some of the current environmental and natural resource issues confronting society and how planners and decision-makers could better understand and address these problems using economics. The unit demonstrates why economics matters more to environmental and natural resources policy and how the approach taken in this unit is free of the constraints of orthodox economics. The unit also explores what would happen when environmental considerations get left out of economics and what happens when economics gets left out of environmental policy-making and resource management decisions. The unit would benefit those who wish to work in government, the private sector or for a non-governmental organisation.
EFB227 Insurance, Risk Management and Estate Planning
This unit is designed for students to further develop their understanding of risk management, insurance and estate planning concepts and issues, and practise skills in developing and providing financial planning advice to clients. The knowledge and skills developed in this unit are essential for financial planning practitioners.
EFB240 Finance for International Business
Doing business internationally increases the range and risks of financial transactions that must be managed within the firm. Managers making decisions involving international trade and investment need to be aware of the nature and extent of the risks involved and to be knowledgeable aboout fundamental financial skills used to measure and manage these risks. This unit builds on the skills developed in primary units of the International Business major and provides a firm base for developing financially sustainable international business strategies in later units.
EFB332 Applied Behavioural Economics
This unit is designed to expose you to current and practical applications of behavioural economics that can be used to improve the understanding of important topics in a variety of industries and contexts. It teaches you about the economic paradigm, involving very basic but powerful tools to understand ubiquitous human behaviour exploring topics such as fads and herding behaviour, decision under risk and uncertainty, time and distributional preferences, status concerns, inter-temporal choices, human rationality, heuristics and biases, and behavioural game theory. The theories and methodological tools learned in this unit can also be applied to other economic areas and industries.
EFB335 Investments
In this unit, students will apply finance knowledge acquired in earlier units to develop investment decision making skills essential for their personal and professional lives. The unit advances understanding of how investment decisions are made, what securities to invest in, how they fit in a portfolio, the impact of transaction costs, the risks associated with investing and performance evaluation of the investment process. Securities and analytical tools investment managers employ when managing equity and fixed income portfolios will be critically examined and applied to real world contexts, including the use of Excel. By applying higher level knowledge and skills and considering issues from the investment manager's perspective, this unit provides insight into an industry that controls trillions of dollars of assets both domestically and internationally.
EFB336 International Economics
The slicing of the global value chain and the dominance of global production networks have changed the economics and politics of trade. The aim of this unit is to build students' ability to critically analyse tendencies in the international economy. After laying down the empirical and theoretical underpinnings of how trade markets work, students will be presented with the latest examples/controversies in the global economy which will help them shape their own critical thinking based on economic reasoning.
EFB346 Market Structure and Regulation
The profitability of firms, the prices faced by consumer, and the economic value of a market are determined by the market’s underlying structure. Market Structure and Regulation advances understanding of the sources of firms’ market power, its impact on consumer welfare and market efficiency, and the role of public policy in regulating markets. The unit enables you to use fundamental economics tools to analyse real world markets and regulations.
EFB349 Macroeconomic Policy
Macroeconomic policies are of great significance as they are associated with changes to the health of an economy – that is, changes in short run economic fluctuations, economic growth, income distribution, employment, inflation, exchange rate, etc. This unit provides an in-depth understanding of these policies in a national as well as global context through a blend of theory and application. The unit also addresses some recent issues and debates in macroeconomic policymaking, such as the limitations of conventional fiscal and monetary policies and policy dilemmas in relation to growth and development.
EFB350 Data Capture and Research Design
Behavioural science incorporates a range of universal and discipline specific-research methods and instruments. While most disciplines distinguish between quantitative and qualitative methods, few teach research design and data collection. Behavioural economics utilises the gamut of approaches to identify or generate/collect data for research. In this unit, students will learn and develop skills in a variety of research instruments, such as computer lab experiments and simulations, natural field experiments, online surveys, direct interviews, neurophysiological measures (e.g., heart rate variability), panel & longitudinal data, content analysis, priming, and audit studies, but to name a few. Students will also be introduced to and receive introductory training on analysing such data, using high-level research software packages.
EFN405 Applied Economics
The economic framework in this introductory unit provides students with a broad understanding of the economic forces that impact business and government, equipping them with knowledge, technical and problem solving skills that they will continue to develop and apply in later units where more complex situations and issues are explored. The unit provides an introduction to both microeconomic and macroeconomic key concepts.
EFN406 Managerial Finance
This is an introductory unit complementary to EFN425 and EFN420. This unit gives students an essential grounding in applied finance, addressing fundamental issues of how we can use finance in a commercial sense and how this impacts critical organisational and managerial decisions in an increasingly complex and demanding financial environment. Subsequent units in this course will build on the knowledge introduced in this unit.
EFN420 Data Analysis for Financial Managers
The field of finance is broad and dynamic. It directly affects the lives of every person and every organisation, financial or non-financial, private or public, large or small, profit-maximising or not-for-profit. In order to make optimal financial decisions, some basic financial skills are necessary. This unit introduces students to key knowledge and skills necessary for financial managers functioning in an increasingly complex and demanding environment. Subsequent units will build on and extend the knowledge and skills gained in this unit.
EFN422 Economics and Data Analysis
To make sound business decisions managers must understand the forces that shape the economic environment and their decision making should, where appropriate, use relevant data analysis. This unit provides the analytical framework needed to understand how market conditions are determined at the micro and macro levels and how market conditions affect business performance. It also provides an essential grounding in statistical literacy and an introduction to basic techniques and concepts in the statistical treatment and analysis of data relevant to the business environment.
EFN517 Fixed Income and Alternative Investments
This unit has an applied focus with an emphasis on investigating real world investment practice and problems, while working with real datasets. This is an intermediate level finance unit which builds on the theory and practice covered in introductory units. In this unit, students will develop a deeper understanding of fixed income securities, along with strategies for portfolio management, and technical skills for managing their risk. Students will also gain an understanding of alternative assets that extend beyond the traditional focus on equities and fixed income to real estate, commodities, and hedge funds.
USB240 Market Analysis
Market Analysis builds on the knowledge and technical skills developed in the foundation property and valuation units (USB142 and USB144). You will apply demographic, economic and key urban economic theories and policies in the property market environment. Understanding property markets will assist in the creation of marketing and investment strategies to meet targeted consumer supply and demand. You will give consideration to Indigenous perspectives, other diverse perspectives and inclusivity in site and market analyses. You will gain knowledge and skills on how to conduct property market research, collect and analyse property data to support creative solutions and interpret the findings from a range of research publications. The knowledge of this unit will be further developed in USB245 Property Investment Analysis, USB300 Development Process and USB344 Property Project.
USB244 Asset Performance
Asset performance provides a good grounding in property and asset management, as it applies to the diverse real estate property sectors and to demonstrate how property asset performance can be maximised, measured and benchmarked. Efficient asset management can result in significant cost benefits to both the owner and the occupier of the property. There has been a growing property industry awareness of the need to develop reliable, accurate and professional property management systems and analysis tools to ensure that property occupation costs are minimised, and space allocations are maximised in accordance with the short, medium and long term business goals of the organisation or company. Engagement with industry and real world data sets provides opportunities to gain first hand experience in property and asset management.
USB245 Property Investment Analysis
This unit aims to provide students with an understanding of the investment markets and the role of property as an investment asset class. The unit further develops the skills and techniques required for the analysis of property investment objectives, strategies, and performance. The students will explore the concepts of return and risk, the discounted cash flow (DCF) analysis, the basics of investment decision (NPV, IRR, Financial ratios), measurement of property investment performance, the impact of financing and taxation on investment returns, portfolio theory and the role of real estate in mixed asset portfolios. This unit will help students develop the understanding and financial modelling skills necessary to become successful property investment analysts and/or investors.
USB247 Money and Property
Money and Property aims at providing students with analytical tools and skills necessary for understanding property finance and investment whilst developing their understanding of the role of property assets within the capital markets. It is important to understand the role and nature of property finance as it affects all aspects of property ownership, management, use and development. Due to its distinct characteristics of each asset class, debt and equity financing plays a major role in investment decisions. As such, this unit seeks to provide an understanding and competency in property finance fundamentals.
USB300 Property Development
Property Development provides understanding of property development, which is fundamental to the practice of property professionals. This unit brings together concepts gained on strategic evaluation, risk, organisational structure, planning, construction and development feasibility analysis, with particular emphasis on sustainable development. This unit provides an in depth look at the multi-disciplined, multi-faceted process involved in property development from site selection through to disposal of completed projects.
USB345 Specialised Valuation
Specialised Valuation is the capstone valuation unit and applies the valuation principles and procedures developed in USB142 Residential Valuation and USB144 Investment Valuation, to the more complex property classes such as rural land and the valuation of specialist properties that are based on the profit generated from the businesses operating from these properties.
Management
MGB161 Thinking Like an Entrepreneur
This introductory unit will provide an excellent foundation to students aspiring to learn about entrepreneurship and build their knowledge, attitude and skills in entrepreneurship, while exploring the various dimensions of the ‘entrepreneurial mindset’, entrepreneurship, and intrapreneurship. The unit will focus on general introductory concepts related to entrepreneurship including concepts and theoretical frameworks relating to entrepreneurial activities and new value, social entrepreneurship and intrapreneurship. The unit will enable students to consider entrepreneurship and its value and purpose from different cultural perspectives. In particular, we will look to showcase First Nations entrepreneurial leaders, either via a "digital showcase" or in-person guest speakers. Throughout the unit students will also use a range of tools to explore and develop their own thoughts and attitudes towards entrepreneurship and what being an entrepreneur means to them personally.
MGB162 Entrepreneurship: Identifying Problems and Opportunities
Understanding and having the confidence to understand real-world problems and opportunities is critical in developing entrepreneurial ventures. In this unit you will explore a range of theories, approaches, techniques, and tools to develop your creative self-efficacy including problem framing, opportunity identification and creative problem solving. In so doing you will develop the capability to explore a range of possible ideas for you venture including learning about sustainability development goals and the potential innovations these create for your venture.
MGB225 Intercultural Communication and Negotiation Skills
Understanding and managing the ways culture impacts communication within a culturally diverse workforce and negotiation in a multi-cultural environment is essential for business professionals operating in national and international contexts. By understanding cultural influences, managers can then modify their communication style to communicate and negotiate effectively with culturally diverse colleagues, competitors and clients. The aim of this unit is to provide students with key knowledge and a range of practical skills in interpersonal and corporate communication and negotiation across various business contexts with particular emphasis on the influence of culture on communication and negotiation. This unit is fundamental to management and builds on prior core learning in management, people and organisations to provide conceptual frameworks and interpersonal skills to enhance organisational and management capabilities at local, national and international business levels.
MGB263 Entrepreneurial Incubator 1
This unit is the first of two incubator units that will further develop students' entrepreneurial (venture focus) or intrapreneurial (innovation focus) ideas and subject these ideas to greater viability assessment. The incubator units will enable students to further build on the ideas developed in MGB162 Ideate and Create and foster more in-depth consideration of business planning and development. Alternatively, students may wish to further explore the viability of a new idea. In this unit you will cover a range of topics as you further develop your idea including business plans and models; understanding customers and value generation; value propositions; analysing the market, segments, and competition; and developing and testing prototypes.
MGB264 Entrepreneurial Incubator 2
This capstone unit is the second of two incubator units that will further develop students' entrepreneurial (venture focus) or intrapreneurial (innovation focus) ideas and subject these ideas to greater viability assessment. The incubator units will enable students to further build on the ideas developed in MGB162 Ideate and Create and foster more in-depth consideration of business planning and development. Alternatively, students may wish to further explore the viability of a new idea. In this unit you progress your Lean Startup Canvas for your venture covering off topics including refinement of key activities relative to your value proposition; identification of key resources; identification of key partners; funding and revenue options; and consideration of cost structures. You will get the opportunity to pitch to your new venture for feedback from different stakeholders in the ecosystem.
MGB266 Enablers of Growth
This unit equips students with knowledge and skills to further identify, understand, and apply fundamental financial, legal, and marketing enablers of entrepreneurship and growth. You will further develop your understanding of funding opportunities for new ventures as well as build on your financial literacy skills to make informed predictions about its future directions. You will also further explore and apply the legal enablers of growth including business regulation, intellectual property, consumer protection, commercialisation, internationalisation, and online legal issues. Last, you will also explore further understand and apply key marketing enablers related to marketing, sales, customers, and online promotion. Each enabler will be applied to to your growing entrepreneurial or intrapreneurial venture.
MGB340 International Business in the Asia-Pacific
Australia is situated in the fastest growing region in the world - the Asia-Pacific rim. Furthermore, Australia already works closely with many of the economies in the region and thus managers need to be fully prepared to manage in cultural different environments. This unit exists to inform future business professionals about business environments, how to identify risks and, from a hands-on perspective, learn best practices to address such risks within countries of this region.
MGB367 Leading Early Stage Ventures
A critical part of successful ventures is people - how you build and cultivate relationships with your co-founders, collaborators and partners, your mentors, investors, your customers and importantly, your team. This unit will help you develop essential leadership skills that will allow you and the people around you achieve their full potential. You will develop awareness of issues related to managing relationships with co-founders, practice essential coaching skills to facilitate team leadership, explore and learn approaches related to resilience, tolerance for ambiguity, and leading complex and uncertain entrepreneurial contexts. You will apply a set of practical tools, based on research and field-testing to help you as an entrepreneurial leader achieve the strategic priorities of entrepreneurial and intrapreneurial ventures.
MGB369 Scaling for Future Growth
This unit will assist students to engage future planning for their new venture with a specific focus on business planning and design for projected future growth and identifying and overcoming obstacles. Students will develop long term plans with contingencies for their ventures drawing on the resources and information learned throughout the Major. In so doing, students will learn the importance and process of engaging and leveraging the entrepreneurial ecosystem – start-ups, accelerators, mentors, advisors, investors, and collaborators – to ensure a sustainable entrepreneurial venture. Students will accordingly connect with Brisbane's entrepreneurial ecosystem throughout the lecture series via guest presentations by members of the ecosystem and site visits.
MGN409 Management Theory and Practice
In addition to the basic functions of management, the changing nature of managerial work emphasises the importance of facilitating, developing, and integrating the organisation's human, physical, and other resources. This unit examines current approaches to managing and leading, as well as the challenges of managing contemporary organisations in a steadily changing business environment.
MGN410 Employment Relations
The rationale for this unit stems from the theoretical and practical dimensions of the relationship between employers and employees. The broad focus is on the employment relationship, the organisation of work and relevant management strategies. The unit also analyses the context of labour - management relations, particularly industrial relations institutions and labour markets. The unit will examine legislative, economic, political social and cultural perspectives on work and work organisations. The unit will explore socially responsible approaches in employment relations and the design of work and the inequalities of current structures.
MGN412 Organisational Behaviour: Transforming Self, Others and Organisations
Formally and informally, people live and work in organisations. Only through an understanding of the relevant individual, group and organisation dynamics will graduates be able to function effectively as leaders and managers. Moreover, when leading through change, it is critical that leaders understand the factors that influence the thoughts, feelings, motivations and actions of themselves and others in the workplace. In this unit students will explore tools necessary to build capabilities to effectively manage change. Students will engage in topics related to understanding self and others, organisational contexts and cultural perspectives, and leading change ethically through disruption. Learning in this unit will assist students in developing self-reflective managerial and leadership competencies needed to optimise individual, group and organisation dynamics, including effectively dealing with competing priorities in organisations.
MGN444 Business in Asia
Business professionals need to be able to operate effectively in different regions of the global economy. The business environments within Asia have significant shared features as a consequence of both past and recent political, economic and social developments but have been experienced differentially. The substantial size and global impact of the Asian economy demands that anyone pursuing a career in business or public policy pertaining to business should develop a thorough understanding of the Asian business environment. This unit exists to inform future business professionals about business environments, how to identify risks and, from a hands-on perspective, learn best practices to address such risks within countries of this region.
MGN447 Managing in a Globalised Economy
Students entering the program, particularly those entering with a non-business background or non-international business background, need a grounding in how the conduct of business operating in the global economy is distinct from that of domestic business. The additional complexity of international business operations is both one of degree as well as one of context. Business must operate in diverse foreign environments and engage in specialised types of transactions. To succeed in international business requires functional understanding of the threats and opportunities arising from the diversity of markets and the growth of globalisation, the nature and role of business operations in the international value chain and the management and control of international business operations.
MGN448 Negotiating Across Borders
In the contemporary global business environment, negotiators who understand how culture affects negotiating processes and outcomes have a decided advantage at the bargaining table. The purpose of this unit is to help you understand and apply the theory and processes of negotiation.