Type of institution: University/Higher Education Institution
Students acquire the skills required to perform high-level financial and economic analysis in both the public and private sector. This four year course consists of common core subjects in business and major studies in economics and finance. In third year students undertake a compulsory work placement in industry. A business design project completed in the final year is aimed at consolidating the theoretical and practical experience components of the course. Students will gain exposure to industry software and conditions in the RMIT Tradiging Facility. In this purpose-built simulator, students learn to trade in money and foreign exchange markets using a live market data feed from Thomson Reuters Eikon. This course includes a compulsory work placement in third year. Students are responsible for obtaining their own placement, however, support is available to assist with your job search. Students who are unable to secure a placement can transfer to a related 3 year business degree.
In the third year students complete a year of work-integrated learning in either a cooperative education or professional skills placement.
- Accounting, Business, Business (accounting), Business (economics), Business (finance), Business Finance, Econometrics, Economics, Finance, Financial Markets, International Economics, International Trade, Investment, Macroeconomics, Management (finance), Risk Management, Statistics, Treasury management.
Standard entry requirements
Year 12 prerequisite units 3 and a study score of at least 30 in English (ESL) or at least 25 in any other English
Students and graduates of the program are eligible to apply for membership of FINSIA. Students and graduates are eligible to join the CPA Australia Network. Graduates who undertake additional specified courses can have these counted towards partially fulfilling the academic requirements for Associate Membership of CPA Australia. Graduates are eligible to apply for membership of the Finance and Treasury Association (FTA). The above professional accreditations have certain other requirements such as a period of relevant industry experience and training programs that would need to be met after graduation.
Graduates of many RMIT vocational education and associate degree programs may be eligible to apply for exemptions. For details about pathways and the duration of your studies, please visit the recognised pathways page. https://www.rmit.edu.au/study-with-us/applying-to-rmit/local-student-applications/pathways/recognised-pathways/business
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An understanding of economics and finance is essential for employment in most business functions. There is a range of occupations available to graduates. The economics, finance and financial planning disciplines embedded in the degree prepare graduates for a broad spectrum of occupations ranging from banking, stockbroking, funds management, insurance and superannuation industries or in other private sector or government organisations where high level, technical expertise in financial or economic analysis is needed. Past graduates have been employed in a wide range of roles including treasury dealer, stockbroker, business analyst, researcher, financial accountant, financial planner, corporate lending analyst, client service manager and financial software consultant.