Studying business in Australia is perhaps the best choice you can make. As business management and administration is one of the most popular courses to study among Australia’s international students, but who says you have to be like everyone else? There are so many more disciples within the broad field of business, you can have the option to undertake marketing and advertising, finance and accounting, economics, information systems, and more.
Overview
Marketing
All students are typically required to take common core business classes in Marketing Principles, Communication, Economics, Finance and Management. Furthermore, universities would usually require their students to take general education courses in English or Math electives, such as Psychology – to better understand consumer behaviour, and Intro to Computers – for administrative and content creation.
In that respect, most universities’ has typical classes like:
- Advertising and Promotion
- Merchandising
- Statistical Analysis
- Global Marketing Techniques
- Marketing Research
- Marketing Strategy and Management
- Product Management
- Retail and Sales Management
- Public Speaking
- E-commerce Marketing Principles
- Graphic Design
- Sales
Finance
A finance major will learn the fundamentals of financial planning, investment decisions and analyzing/limiting expenses. Different from accounting – which we will explain further below – you will analyse how your company performed in the past and predict how it will perform in the future, and drive business strategies.
Typical classes include:
- Advanced derivatives
- Asset markets
- Behavioural finance
- Corporate finance
- Economics/econometrics
- Financial management
- Financial planning
- Financial accounting
- Financial reporting
- Risk management
- Venture capital
Accounting
Apart from Financing, Accounting often strongly emphasize on past records and present reports, then using the information to assess a business’ financial position, which is integral to making future business ventures. Accounting students’ typically have to deal with documents such as basic book-keeping, to managing balance sheets and income
Here are a few typical classes you may take for an accounting course:
- Auditing
- Budget analysis
- Business strategy
- Financial accounting
- Financial reporting
- Forensic accounting
- Information systems
- Management accounting
- Quantitative analysis
- Tax accounting
Economics
Economics degrees are divided into both BA and BSc forms. BA in Economics may focus on qualitative modules, such as social sciences in psychology or sociology, of course, there will be some math involved. BSc most likely focuses more on mathematics, statistical theory and techniques to apply mathematics in economic theory for analysis. Either way, an Economic degree will demand their students to combine empirical evidence with economic theory, analyse problems with concrete statistics, and understanding current affairs along with their causes and effects.
- Financial Economics
- Economics and Law
- Development Economics
- Applied Economics
- Economic Integration
- Quantitative Economics
- International Trade
- Microeconomics
- Macroeconomics
Administration & Management
Business administration & management is a special breed within the business arena, as its syllabus typically encompasses every business specialisation: marketing, finance, economics, etc. As this degree aims to breed a new generation of leaders in the business sector (though it is applicable in many industries as well).
As mentioned briefly above, here are some of the classes you will encounter:
- Computer Literacy and Business Applications
- Business Communication
- Principles of Management
- Principles of Marketing
- Spreadsheet Essentials
- Entrepreneurship
- Business Math Applications
- Principles of Human Resources
- Business Law and Ethics
Of course these are merely some very generalised branches of business, there are more specific sub-branches within the mentioned business specialisations, or other specialisations that we did not include. To know more, please reach out to us!
Recommended Universities to Study Business:
And finally, we will recommend some universities to study business, while listing all of the business majors available. This list is based on the QS World Ranking for each university’s Bachelor’s program in Business/Commerce. They are guaranteed to be credible, as they rank their subjects based on:
- High enrolment rate in the program
- High courses satisfaction rates among students and recent graduates
- High employment rate
Without further ado, here all all the undergraduate business degrees.
1. The University of Melbourne
| Programme Name | Majors | Indicative fee (2020) |
| Bachelor of Arts | Economics | AUD $35,552 – $40,536 |
| Bachelor of Commerce | Accounting | AUD $41,840 – $44,756 |
| Actuarial Studies | ||
| Business | ||
| Economics | ||
| Finance | ||
| Management | ||
| Marketing |
2. The University of Western Sydney
| Programme Name | Majors | Indicative fee (2020) |
| Bachelor of Accounting | Financial Planning | AUD $26,760 |
| Taxation | ||
| Financial and Planning | ||
| Bachelor of Business | Applied Finance | AUD $41,840 – $44,756 |
| Economics | ||
| Property | ||
| Hospitality Management | ||
| International Business | ||
| Marketing | ||
| Sport Management | ||
| Human Resource Management | ||
| Management |
3. Monash University
| Programme Name | Majors | Indicative fee (2020) |
| Bachelor of Accounting | N/A | AUD $45,000 |
| Bachelor of Actuarial Science | ||
| Bachelor of Banking and Finance | ||
| Bachelor of Business | Accounting | |
| Banking and Finance | ||
| Business Law | ||
| Business Management | ||
| Business Statistics | ||
| Economics and Business Strategy | ||
| Human Resource Management | ||
| International Business | ||
| Marketing | ||
| Taxation | ||
| Bachelor of Business Management | Accountancy | |
| Business Administration Studies | ||
| Economics and Business Decision | ||
| Finance and Economics | ||
| Management Practice | ||
| Marketing and Communications | ||
| Bachelor of Commerce | Accounting | |
| Actuarial Science | ||
| Behavioural Commerce | ||
| Business Analytics | ||
| Business Law | ||
| Econometrics | ||
| Economics | ||
| Finance | ||
| Management Studies | ||
| Marketing Science | ||
| Sustainability | ||
| Bachelor of Economics | N/A | |
| Bachelor of Finance | ||
| Bachelor of International Business | ||
| Bachelor of Marketing |
4. Kaplan Business School
| Programme Name | Indicative fee (2020) |
| Bachelor of Business | AUD $51,600 |
| Bachelor of Business (Accounting) | AUD $51,600 |
| Bachelor of Business (Hospitality Management) | AUD $51,600 |
| Bachelor of Business (Marketing) | AUD $51,600 |
| Bachelor of Business (Management) | AUD $51,600 |
| Bachelor of Business (Finance) | AUD $51,600 |
5. The University of Queensland
| Programme Name | Majors | Indicative fee (2020) |
| Bachelor of Advanced Business (Honours) | Accounting | AUD $43,888 |
| Business Analytics | ||
| Business Information Systems | ||
| Entrepreneurship and Innovation | ||
| Finance | ||
| Human Resource | ||
| International Business | ||
| Marketing | ||
| Bachelor of Agribusiness | N/A | AUD $43,504 |
| Bachelor of Arts | Economics | AUD $34,208 |
| Bachelor of Business Management | Advertising | AUD $42,272 |
| Business Economics | ||
| Business Information Systems | ||
| Human Resource | ||
| International Business | ||
| Marketing | ||
| Bachelor of Commerce | Accounting | AUD $43,644 |
| Business Information Systems | ||
| Finance | ||
| Bachelor of Economics | Business and Industry | AUD $42,272 |
| Economics and Public Policy | ||
| International Trade and Finance | ||
| Natural Resource and Environment | ||
| Quantitative Methods | ||
| Bachelor of Information Technology | Computer Systems and Networks | AUD $45,120 |
| Enterprise Information Systems (Dual Major) | ||
| Software Design | ||
| Software Information Systems | ||
| User Experience Design | ||
| Bachelor of International Hotel and Tourism Management | Event Management | AUD $42,272 |
| Hospitality Management | ||
| Tourism Management | ||
| Bachelor of Politics, Philosophy and Economics | Economics | AUD $42,272 |
| Philosophy | ||
| Politics |
Hopefully this helps put things into perspective! But if you have anymore question, please don’t hesitate to contact us.
International Student enquiries:
Phone: +60182414802
Email: [email protected]
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About Post Author
Jude Chong
A content writer & a student of University of Nottingham studying Bachelor of Communications. I like indie bands and meeting new people 🙂