Course details

Summary

If you're interested in a career in the world of commerce and want expertise in business and the business of government then the Bachelor of Commerce is the degree for you.

The Bachelor of Commerce (BCom) is a three-year undergraduate degree designed to give you the skills and knowledge you need for a successful career in the exciting world of commerce.

You'll get a strong foundation in private business and public administration and gain skills in communication, teamwork and leadership. In the BCom, you'll develop your critical and creative thinking, as well as an understanding of how different cultures do business.

Actuarial Science

Get the knowledge and skills you need to set you on the path to become a qualified actuary. Actuarial Science brings economics, mathematics and statistics together to help companies and organisations forecast and manage risks. Take advantage of the growing demand for actuarial skills in many areas including investment and stockbroking, software development, and in government, education and health.

If you choose this major, you might consider taking it alongside a second major in Economics, Finance, Mathematics or Statistics.

Course Structure

For this degree you'll need to:

Complete at least 360 points, of which:

• At least 210 points must be from courses listed for the BCom
• At least 180 points must be at 200 and 300 level
• Of the 180 points at least 75 points must be at 300 level
• Of the 75 points at least 45 points must be from courses listed for the BCom

Complete seven core courses at 100 level (usually in first year):

• Either Accounting (ACCY 111) or Accounting for Decision Making (ACCY 130)
• Microeconomic Principles (ECON 130)
• Government, Law and Business (FCOM 111)
• Foundations of Information Systems (INFO 101)
• Principles of Marketing (MARK 101)
• Introduction to Management (MGMT 101)
• Statistics for Business (QUAN 102)

In addition to the degree requirements, for this major you'll need to complete:

Six courses at 100 level:

• Accounting (ACCY 111)
• Microeconomic Principles (ECON 130)
• Macroeconomic Principles (ECON 141)
• Calculus 1B (MATH 142)
• Either Algebra (MATH 151) or at least a B+ in Mathematics for Economics and Finance (QUAN 111)
• Probability and Decision Modelling (MATH 177)

Four courses at 200 level:

• Financial Mathematics (ACTS 201)
• Intermediate Microeconomics (ECON 201)
• Either Introduction to Corporate Finance (FINA 201) or Introduction to Investments (FINA 202)
• Mathematical Statistics (MATH 277)
• Four courses at 300 level:
• Actuarial Science (ACTS 301)
• Either Financial Economics (FINA 306) or Risk Management and Insurance (FINA 307)
• Statistical Models for Actuarial Science (STAT 335)

One further course from:

• Econometrics (ECON 301)
• Game Theory (ECON 314)
• Information Economics (ECON 339)
• Financial Econometrics (FINA 304)
• Investments (FINA 305)
• Financial Economics (FINA 306)
• Risk Management and Insurance (FINA 307)
• Probability and Random Processes (MATH 377)
• Statistical Inference (STAT 332)
• Linear Models (STAT 393)

Get a Master's degree:

At the end of your three-year BCom you can choose to continue your learning with postgraduate studies. Give your career options a boost and choose from a range of postgraduate programmes offered by Victoria.

Entry criteria

Achieve the International Baccalaureate Diploma, or three GCE Advanced Level passes at C grade, or equivalent.

English Language requirements:

• IELTS overall band of 6.0 with no sub-score below 5.5; or
• TOEFL 80 on the internet-based test; or
• A minimum of three ratings of 4 and one rating of 3 in the Victoria University English Proficiency Programme test; or
• Pearson Test of English: A score of 58 (with a ‘Communicative’ score of not less than 50).