The Bachelor of Commerce offers significant flexibility and diversity for students. The degree allows you to study one or more business areas of your interests, including Accounting, Business Analytics, Business Information Systems, Corporate Sustainability, Economic Studies, Finance, International Business, Management or Marketing.

You will acquire the skills and knowledge to meet the challenges of a changing business environment, develop the ability to critically analyse emerging business issues, and be exposed to scholarly research in the national and global business arena. Achieving these academic and professional qualities will lead you to a wide range of business related professions and careers, or progress to more advanced studies.

Do you dream of living and thriving in the leading financial cities of the world - New York, London, Shanghai, Sydney or Hong Kong? Stop dreaming and get going. An ANU Bachelor of Finance will equip you to excel in the global financial marketplace.

As a student you will be challenged to solve a variety of financial problems while developing a keen analytical mind. Having these skills will prove invaluable in the fast changing world of finance.

As a Bachelor of Finance graduate from the Australian National University you will be highly sought-after, so aim high and think about which cityscape view you want from your office.

Employment Opportunities

Students with a commerce degree can find work in different areas including

Accounting

There are many job opportunities in accounting, and there is currently a skills shortage for qualified accountants in Australia.  Some of the different areas that accountants work in are listed below.

Business risk analyst
Identifies strategic and operational business risks. Provides assessments of the effectiveness of business controls and develops and delivers business risk solutions in support of business objectives.

Auditor
Ensures that assets and liabilities mentioned in reports really exist, analysing samples of work done and interviewing staff about the way they go about their work.

Taxation auditors examine the financial statements of taxpayers.
Government auditors examine records of departments, statutory and local authorities, and government-owned companies.
Private sector auditors work with a range of clients from small businesses to large international firms, including banks, insurance companies and retailers.

Budget/management accountant
Is primarily concerned with the development and maintenance of budgeting systems. This involves monitoring budgets and comparing them with actual costs and revenues related to production, marketing and capital. They analyse records to determine trends, which assists in managerial control.

Systems accountant
Analyses financial information needs for organisations by reviewing existing systems and working out the best way to meet those needs with the design of new systems

Business Information Systems

Consultant/business analyst
People in this role are involved in solving clients' problems in a variety of settings. Consulting requires excellent communication skills and the ability to quickly identify and define a problem.  Consultants act as trainers, user and technical support specialists, project managers, or may specialise in a particular technology or method.  Meeting with clients often involves interstate or international travel.

Database administrator
The Database Administrator is responsible for designing, implementing, and maintaining the database systems of the organization, including establishing policies and procedures for security, management, and maintenance.  The Database Administrator's role includes working with end users, programmers and system administrators to develop data requirements and protect the key information resources the company relies upon.

System architect/systems analyst
Systems Analysts investigate business processes and determine user needs related to information-based problems.  Analysts often work in a team environment.  The output from the systems analysis process is a set of detailed specifications for a new or modified system.  System architects design overall system solutions for companies.  These systems are usually large and complex, with many inter-connected systems.  The architect delivers these plans to an analyst/designer for construction.

Programmer/analyst
Programmer analysts serve both as systems analysts, and then modify the programs involved in their analysis.  For example, a programmer/analyst might work with the accounting department to determine what changes are necessary to the computer reports, and then actually make the programming changes.

Management

Human resources
In addition to hiring staff, developing employment contracts, interfacing with superannuation schemes and determining remuneration packages.  Human resource officers are often required to develop strategies that ultimately increase the productivity of organisations. They can do this by measuring and increasing staff satisfaction, and identifying possible work place initiatives that support a healthy life style, good work-life-balance, career progression and skills development, and flexible working conditions.

Employment/recruitment consultant
Employment consultants work on behalf of a client to recruit appropriate personnel to fill positions vacant, they also have to be mindful of revenue targets and profit margins.  Employment consults assist employers to find the right people for the job by attracting highly qualified applicants, culling applicants, recommending them for interview and conducting necessary checks on qualifications, referee reports, security clearances if needed.

Business consultant
Business consultants work with a number of different clients to help them solve a business problem.  They assist clients by undertaking a variety of activities which range from assessing businesses processes and governance structures to examining organisational performing to identify opportunities for improvement.

Business services/analyst
Use their skills to formulate business strategy, manage projects, assist in business planning and organisational performance, implement change management, and develop governance structures.  This type of job is very similar to a business consultant except that this position is only ever

Marketing

Marketing coordinator
Uses skills in market research, product design and pricing, promotions and distribution networks to identify and meet consumer and organisational needs.  Also prepares budgets, marketing plans and strategies.

Advertising executive
Collaborates with organisational executives and possibly external agencies to develop advertising strategies and to create and promote a company product or image.  Usually prepares budgets, develops promotional and sales support materials, and may be responsible for directing a team of specialist staff.

E-commerce marketing manager
Coordinates and develops the marketing activities of a company over the internet, email and other electronic media, including online promotion, sales and communication.

Public relations
Plans, develops, puts into place and evaluates information and communication strategies that position an organisation to the public, clients, and other stakeholders and promotes good information flows within the organisation.

Marketing researcher
Collects and analyses qualitative and/or quantitative information essential in assisting marketing decisions, and can help determine whether a demand exists for a particular product or service.

Sales manager
Plans and coordinates the activities of a sales team, controls product distribution, monitors budget achievement, trains and motivates personnel, and prepares forecasts.

Business development manager
Emphasises the development of new business opportunities and client relationships, often required to source opportunities and secure business autonomously. This role varies from industry to industry and can offer opportunities both locally and internationally.

Marketing communications specialist
Usually responsible for a variety of marketing functions including advertising strategy, design and placement, market research projects, sales promotions and product/service publicity including media relations. Collaborates with senior management and other specialist staff to initiate, develop and implement marketing plans to meet strategic goals set by the organisation.

Students with a commerce degree can find work in different areas including

Accounting

There are many job opportunities in accounting, and there is currently a skills shortage for qualified accountants in Australia.  Some of the different areas that accountants work in are listed below.

Business risk analyst
Identifies strategic and operational business risks. Provides assessments of the effectiveness of business controls and develops and delivers business risk solutions in support of business objectives.

Auditor
Ensures that assets and liabilities mentioned in reports really exist, analysing samples of work done and interviewing staff about the way they go about their work.

Taxation auditors examine the financial statements of taxpayers.
Government auditors examine records of departments, statutory and local authorities, and government-owned companies.
Private sector auditors work with a range of clients from small businesses to large international firms, including banks, insurance companies and retailers.

Budget/management accountant
Is primarily concerned with the development and maintenance of budgeting systems. This involves monitoring budgets and comparing them with actual costs and revenues related to production, marketing and capital. They analyse records to determine trends, which assists in managerial control.

Systems accountant
Analyses financial information needs for organisations by reviewing existing systems and working out the best way to meet those needs with the design of new systems

Business Information Systems

Consultant/business analyst
People in this role are involved in solving clients' problems in a variety of settings. Consulting requires excellent communication skills and the ability to quickly identify and define a problem.  Consultants act as trainers, user and technical support specialists, project managers, or may specialise in a particular technology or method.  Meeting with clients often involves interstate or international travel.

Database administrator
The Database Administrator is responsible for designing, implementing, and maintaining the database systems of the organization, including establishing policies and procedures for security, management, and maintenance.  The Database Administrator's role includes working with end users, programmers and system administrators to develop data requirements and protect the key information resources the company relies upon.

System architect/systems analyst
Systems Analysts investigate business processes and determine user needs related to information-based problems.  Analysts often work in a team environment.  The output from the systems analysis process is a set of detailed specifications for a new or modified system.  System architects design overall system solutions for companies.  These systems are usually large and complex, with many inter-connected systems.  The architect delivers these plans to an analyst/designer for construction.

Programmer/analyst
Programmer analysts serve both as systems analysts, and then modify the programs involved in their analysis.  For example, a programmer/analyst might work with the accounting department to determine what changes are necessary to the computer reports, and then actually make the programming changes.

Management

Human resources
In addition to hiring staff, developing employment contracts, interfacing with superannuation schemes and determining remuneration packages.  Human resource officers are often required to develop strategies that ultimately increase the productivity of organisations. They can do this by measuring and increasing staff satisfaction, and identifying possible work place initiatives that support a healthy life style, good work-life-balance, career progression and skills development, and flexible working conditions.

Employment/recruitment consultant
Employment consultants work on behalf of a client to recruit appropriate personnel to fill positions vacant, they also have to be mindful of revenue targets and profit margins.  Employment consults assist employers to find the right people for the job by attracting highly qualified applicants, culling applicants, recommending them for interview and conducting necessary checks on qualifications, referee reports, security clearances if needed.

Business consultant
Business consultants work with a number of different clients to help them solve a business problem.  They assist clients by undertaking a variety of activities which range from assessing businesses processes and governance structures to examining organisational performing to identify opportunities for improvement.

Business services/analyst
Use their skills to formulate business strategy, manage projects, assist in business planning and organisational performance, implement change management, and develop governance structures.  This type of job is very similar to a business consultant except that this position is only ever

Marketing

Marketing coordinator
Uses skills in market research, product design and pricing, promotions and distribution networks to identify and meet consumer and organisational needs.  Also prepares budgets, marketing plans and strategies.

Advertising executive
Collaborates with organisational executives and possibly external agencies to develop advertising strategies and to create and promote a company product or image.  Usually prepares budgets, develops promotional and sales support materials, and may be responsible for directing a team of specialist staff.

E-commerce marketing manager
Coordinates and develops the marketing activities of a company over the internet, email and other electronic media, including online promotion, sales and communication.

Public relations
Plans, develops, puts into place and evaluates information and communication strategies that position an organisation to the public, clients, and other stakeholders and promotes good information flows within the organisation.

Marketing researcher
Collects and analyses qualitative and/or quantitative information essential in assisting marketing decisions, and can help determine whether a demand exists for a particular product or service.

Sales manager
Plans and coordinates the activities of a sales team, controls product distribution, monitors budget achievement, trains and motivates personnel, and prepares forecasts.

Business development manager
Emphasises the development of new business opportunities and client relationships, often required to source opportunities and secure business autonomously. This role varies from industry to industry and can offer opportunities both locally and internationally.

Marketing communications specialist
Usually responsible for a variety of marketing functions including advertising strategy, design and placement, market research projects, sales promotions and product/service publicity including media relations. Collaborates with senior management and other specialist staff to initiate, develop and implement marketing plans to meet strategic goals set by the organisation.

Learning Outcomes

1. Demonstrate in-depth knowledge of foundational theories and models relevant to the major(s) studied.
2. Apply theoretical and technical business knowledge, skills and research techniques relevant to the major(s) studied.
3. Exercise critical thinking and reasoning in the analysis of business, economic and transdisciplinary problems.
4. Communicate effectively to stakeholders in a clear, effective, appropriate and ethical manner, in both written and oral formats.
5. Integrate best judgement to implement and evaluate solutions to problems from a variety of contexts.
6. Work collaboratively and productively in diverse teams.

1. Recognise the important role of investment and financing decisions, equities, bonds and derivatives in the financial markets.
2. Demonstrate an understanding of the three basic ideas underpinning finance: the time value of money; diversification; and, arbitrage and their application to corporate financial decision-making; investment decisions and portfolio management; derivatives and risk management; portfolio construction; corporate valuation; and debt markets.
3. Apply theoretical foundations in practice to various discipline backgrounds.
4. Develop the skills necessary to critically engage with and evaluate financial problems.
5. Using a diverse range of discipline backgrounds and varied data, develop the skills necessary to collect, process, interpret and communicate the outcomes of financial problems.

Further Information

Majors (FDD):

Bachelor of Commerce with a Finance major cannot be combined with Bachelor of Finance. Bachelor of Commerce with an Accounting major cannot be combined with Bachelor of Accounting.

Electives: Electives can be selected from CBE or other Colleges.

Students wishing to undertake an out-of-college elective may contact the relevant College directly.

Student Responsibility:

It is the student's responsibility to select electives in such a way that:

• They satisfy prerequisites for the corresponding course/s.
• They conform to the rules in Programs and Courses or, if unsure, seek advice from the CBE Student Services Team.

It is the student's responsibility to select the courses appropriate for their program.

FDD BCOMM (Major in Accounting) with Law (ALLB):

Due to incompatibilities between BUSN1101 and LAWS1204, students will need to replace BUSN1101 with an alternative course from the bottom section of the Accounting major. 

Due to incompatibilities between BUSN2101 and LAWS2203, students will need to replace BUSN2101 with an alternative course from the bottom section of the Accounting major. 

If you wish to study BUSN3014 and do not wish to study LAWS4221, you will meet the prerequisites by studying LAWS1204.

Majors (FDD):

Bachelor of Commerce with a Finance major cannot be combined with Bachelor of Finance. Bachelor of Commerce with an Accounting major cannot be combined with Bachelor of Accounting.

Electives: Electives can be selected from CBE or other Colleges.

Students wishing to undertake an out-of-college elective may contact the relevant College directly.

Student Responsibility:

It is the student's responsibility to select electives in such a way that:

• They satisfy prerequisites for the corresponding course/s.
• They conform to the rules in Programs and Courses or, if unsure, seek advice from the CBE Student Services Team.

It is the student's responsibility to select the courses appropriate for their program.

FDD BCOMM (Major in Accounting) with Law (ALLB):

Due to incompatibilities between BUSN1101 and LAWS1204, students will need to replace BUSN1101 with an alternative course from the bottom section of the Accounting major. 

Due to incompatibilities between BUSN2101 and LAWS2203, students will need to replace BUSN2101 with an alternative course from the bottom section of the Accounting major. 

If you wish to study BUSN3014 and do not wish to study LAWS4221, you will meet the prerequisites by studying LAWS1204.

Admission Requirements

Prerequisites

There are no formal program prerequisites. But assumed knowledge is:-ACT: Mathematical Methods (Major)/Further Mathematics/Specialist Mathematics (major)/ Specialist Methods or NSW: HSC Mathematics Advanced or equivalent. More information about interstate subject equivalencies can be found here.

There are no formal program prerequisites. But assumed knowledge is:-ACT: Mathematical Methods (Major)/Further Mathematics/Specialist Mathematics (major)/ Specialist Methods or NSW: HSC Mathematics Advanced or equivalent. More information about interstate subject equivalencies can be found here.

Adjustment Factors

Adjustment factors are combined with an applicant's secondary education results to determine their Selection Rank. ANU offers adjustment factors based on equity, diversity, and/or performance principles, such as for recognition of difficult circumstances that students face in their studies.

To be eligible for adjustment factors, you must have:

• achieved a Selection Rank of 70 or more before adjustment factors are applied
• if you have undertaken higher education, completed less than one year full-time equivalent (1.0 FTE) of a higher education program
• applied for an eligible ANU bachelor degree program

Please visit the ANU Adjustment Factors website for further information.

Scholarships

ANU offers a wide range of scholarships to students to assist with the cost of their studies.

Eligibility to apply for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are.  Specific scholarship application process information is included in the relevant scholarship listing.

For further information see the Scholarships website.

Program Requirements

The Bachelor of Commerce flexible double degree component requires completion of 96 units, of which:

A maximum of 48 units may come from completion of 1000-level courses

The 96 units must include:

30 units from the completion of the following compulsory courses:

BUSN1001 Business Reporting and Analysis

ECON1101 Microeconomics 1

ECON1102 Macroeconomics 1

MGMT2100 Communication for Business

STAT1008 Quantitative Research Methods

48 units from completion of one of the following majors:

Accounting

Business Analytics

Business Information Systems

Corporate Sustainability

Economic Studies

Finance

International Business

Management

Marketing

18 units from completion of elective courses offered by ANU, which may include courses from the following list:

CBEA2000 Employability Fundamentals for Professional Practice

CBEA2001 Indigenous Perspectives in Business and Economics

CBEA3001 College of Business and Economics Special Industry Project

CBEA3066 Global Business Immersion

CBEA3070 ANU College of Business and Economics Internship Program

If your flexible double degree is within the College of Business and Economics (for example, Commerce and Economics), the below study plan may show the same course twice. If this is the case, you must only do the course once and replace the other course with a University Wide Elective.

The minor in Business and Economics Essentials will not be listed on transcripts for students completing the Bachelor of Commerce. The minor in Advanced Accounting will not be listed on transcripts for students completing the Bachelor of Commerce with an Accounting major.

For majors and minors offered by the ANU College of Business and Economics, students may count a course towards multiple majors and minors. If a minor is a subset of all stated courses and/or prerequisites for a major, then completion of the major overrides completion of the minor, and only the major is regarded as having been completed.

The Bachelor of Finance flexible double degree component requires completion of 96 units, of which:

A maximum of 48 units may come from completion of 1000-level courses

The 96 units must include:

30 units from completion of the following compulsory courses:

BUSN1001 Business Reporting and Analysis

ECON1101 Microeconomics 1

ECON2101 Microeconomics 2

FINM1001 Foundations of Finance

STAT1008 Quantitative Research Methods

6 units from completion of a course from the following list:

ECON1100 Economics 1 (H)

ECON1102 Macroeconomics 1

12 units from completion of a course from the following list:

BUSN2036 Financial Statement Analysis

CBEA2001 Australian Indigenous Perspectives in Business and Economics

CBEA3001 College of Business and Economics Special Industry Project (UG)

CBEA3066 Global Business Immersion

CBEA3070 ANU College of Business and Economics Internship Program

EMET1001 Foundations of Economic and Financial Models

FINM3009 Student Managed Fund and FINM3010 Student Managed Fund Extension (12 units*)

FINM3015 Foundations of Fintech

MATH1013 Mathematics and Applications 1

MATH1113 Mathematical Foundations for Actuarial Studies

MATH1115 Advanced Mathematics and Applications 1

STAT2032 Financial Mathematics

Any other ANU courses

*Enrolment in the Student Managed Fund (SMF) courses requires 12 units over two consecutive semesters. For more information, please see the SMF website (https://rsfas.anu.edu.au/study/student-managed-fund) and the application page (https://rsfas.anu.edu.au/news/smf-applications).

48 units from completion of one of the following majors:

Asian Capital Markets

Capital Markets

Quantitative Finance

If your flexible double degree is within the College of Business and Economics (for example Commerce and Economics), the below study plan may show the same course twice. If this is the case, you must only do the course once and replace the other course with a University Wide Elective. Please note that you cannot exceed 8 out of college electives.

The minor in Business and Economics Essentials will not be listed on transcripts for students completing the Bachelor of Commerce.

For majors and minors offered by the ANU College of Business and Economics, students may count a course towards multiple majors and minors. If a minor is a subset of all stated courses and/or prerequisites for a major, then completion of the major overrides completion of the minor, and only the major is regarded as having been completed. If all courses in a major and/or minor are compulsory courses in the degree, the major and/or minor will not be listed on the transcript.

Majors

Bachelor of Finance Majors

Minors

Bachelor of Commerce Minors

Study Options

Honours

Students who achieve excellent academic performance in their Bachelor of Commerce studies may be invited to join the Honours Program.

The Honours Program is an intensive two-semester program after completion of the degree requirements. The program extends undergraduate studies with advanced coursework and a research thesis. Classes are small and students study with leading academics in their School. Students have the opportunity to compete for a range of scholarships, prizes and internships.

Students from other universities who meet the entry requirements can apply for entry into the Honours Program after completing the pass degree requirements in their own institutions.

Students aspiring to the Bachelor of Commerce (Honours) should consult the Honours Convenor in the relevant School for advice.