Diploma of Commerce

This is a compuslory core unit. Topics taught in the unit include – the purpose of financial accounting, the conceptual framework and accounting regulations, basic accounting concepts, accounting practices for recording financial transactions, managing inventory, cash and non-current assets, profit determination and application of accrual accounting, preparation, analysis and interpretation of financial reports.
The purpose of this unit is for students to develop financial accounting knowledge related to the role of financial accounting in decision making, the purpose of accounting regulation and the conceptual framework, accounting systems and processes for recording and reporting financial information, preparation of financial reports for internal and external reporting and analysis and interpretation of financial reports for business performance evaluation.

This is a compulsory core unit. Students will develop an understanding of how society attempts to overcome the problem of scarcity and how this will deliver better living standards for everyone in society. This unit will cover the key principles of microeconomics (to do with demand, supply, elasticity and markets) and macroeconomics (to do with explaining and managing the business cycle). The unit examines current economic issues and analyses the implications of these issues on society. In explaining these principles and concepts, students will be introduced to the skills of economic analysis and explanation, to justify actions taken by the government and the Reserve Bank to manage the economy.

This is a compulsory core unit. Students typically study foundational principles of marketing, including market segmentation, consumer behaviour, and marketing mix strategies. They explore real-world case studies, engage in market research projects, and learn about contemporary marketing trends, preparing them for diverse careers in marketing, advertising, and business development.

This is a compulsory core unit. The purpose of this unit is for students to develop an understanding of the evolution of management theories and practices over time. Students will consider how internal and external environmental factors such as cultural attitudes, organisational goals and ethical expectations affect the implementation of management practices. They will also gain insights into the skills necessary to be an effective manager and the factors which impact employee motivation and productivity.

This is a compulsory broadening unit. Business Law focuses on business contracts and civil cases concerning breaches of contract. Past law cases are studied focusing on the decisions of the courts and the importance of precedents. The historical cases are very interesting because of the final decisions of the court. As an introduction to civil and business law students will also study the basic structure and workings of the Australian federal and state parliaments. The different business structures are examined highlighting their strengths and weaknesses.

This is a compulsory broadening unit. Students learn to understand and develop the skills necessary to be effective communicators. This includes the study of written and oral communication, development of effective interpersonal skills and an understanding of intercultural communication. Class activities and assessments provide students with practical experience to develop these skills.

This is an elective. This module aims to introduce students to the basic concepts of corporate and investment finance. Students will be equipped with the fundamentals of financial theory and learn the financial tools required for financial decision making in corporations.

This is an elective. Students study the psychological and sociological factors influencing consumer decision-making processes. They explore concepts such as motivation, perception, attitudes, and cultural influences, gaining insights into how these factors shape consumer preferences and purchasing behaviours in various market contexts.

This is an elective. The purpose of this unit is to provide students with the necessary understanding of statistics for other modules in their course that require such skills, develop the essential analytical skills necessary for decision making within a business environment, allow students to better analyse and understand business related data and use a computer software package to generate output that can be analysed.
Topics in this subject include, descriptive statistics (including data presentation and statistical measurement), probability (including discrete and continuous probability distributions), sampling methods, Inference (using normal, t, Chi-square and F distributions) and simple linear and multiple regression.