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UTS:HELOR OF
BAC OUNTING
ACC COURSE GUIDE 2
018
1
NO.
bachelorofaccounting.com UTS RANKED
THINK.CHANGE.DO
AUSTRALIA’S #1
YOUNG UNI
WELCOME TO
UTS: BUSINESS
DEAN'S INTRODUCTION
UTS Business School knows what business
education is about in the twenty-first century. As
a world class business school in a world-leading
university of technology, our task is to prepare
graduates for a new economy where creativity
and integrative thinking are as highly valued as
specialised areas of knowledge. This means we
do more than analyse case studies and teach
textbook theory. Our students, unlike students at
most other business schools, have the opportunity
to develop their creative potential and learn to
recognise and nourish this potential in others.
This is the way we develop true business and
community leaders – leaders who are ready to
take on tomorrow’s challenges. I look forward to
welcoming you to UTS.
Professor Roy Green
Dean, UTS Business School
UTS acknowledges the Gadigal People of the
Eora Nation and the Boorooberongal People
of the Dharug Nation upon whose ancestral
lands our campuses stand. We would also
like to pay respect to the Elders both past and
present, acknowledging them as the traditional
custodians of knowledge for these lands.
WHY BUSINESS
AT UTS?
Bachelor of Accounting
students have a 95% graduate
employment rate.
OUR DIFFERENCE EXPAND YOUR HORIZONS
Tomorrow’s business leaders need to There are doors to be opened that you don't
think differently. At UTS you’ll learn how even know about yet. Excitingly, many of
to identify and apply solutions to complex these are international. UTS sends more
problems – problems that don’t even students overseas than any other university
exist yet. in Australia. Take advantage of our overseas
connections by going on exchange in your
WHERE BUSINESS THRIVES third year.
Think of yourself as a business leader
in the making. That’s why it’s ideal to A PRACTICAL ADVANTAGE
position yourself in the heartland of new UTS offers a distinctly experience-based
business and opportunity. UTS sits firmly approach to learning. It’ll give you the
in Australia’s largest start-up district, edge to compete the moment you step into
alongside PWC, Ernst & Young and The the workforce. We’ll also help you gain
Commonwealth Bank. internships, complete industry-focused
capstone subjects and achieve professional
CONNECTIONS THAT COUNT work placements – everything that will set
They say it’s ‘who you know’ that counts. you up for success.
We’ll connect you with the people who
make opportunities happen. Whether it’s DO IT YOUR WAY
through internships, lectures or networking, We get it, you can’t hit ‘pause’ on life when
you’ll be exposed to contacts including the you start university. Find the timetable
top tier professionals and thought leaders that suits you with a range of class times,
from the most successful Australian and plus summer school and part-time
global companies. study options.
1
WORLD CLASS
UTS Business School is amongst a
select few business schools in the world
NO. accredited by AACSB International (The
Association to Advance Collegiate Schools
of Business). This accreditation represents
UTS RANKED the highest standard of achievement for
AUSTRALIA’S #1 business schools worldwide, meaning that
you will graduate with an internationally
YOUNG* UNI
*Times Higher Education 150 Under 50 rankings, 2016.
recognised qualification.
QS World University Rankings Top 50 Under 50, 2016–2017.
1
BACHELOR OF ACCOUNTING
WHY BAcc? COURSE STRUCTURE
KEY INFORMATION If you are a high achieving school leaver The Bachelor of Accounting is completed
and believe you could be one of Australia’s in three years of full-time study, which
2017 ATAR: Desirable ATAR of 95 and
future business leaders, the Bachelor of includes two separate six month industry
above plus selection
Accounting program has been designed placements in your first and third year.
process
just for you. Now in its 28th year, the Some subjects are fast-tracked over
Duration: 3 years (full-time) BAcc provides you with a multi-skilled Summer session, while others are taken
accounting degree with strong emphasis part-time during your internships.
Recommended year 12 studies:
on accounting and financial management
Mathematics and any two units of
– both essential business tools. GLOBAL EXCHANGE
English
The personal, social and professional
Bonus points: Not available WHAT YOU GET development you gain through an
Professional recognition: Students >> An internationally recognised accounting international study experience will add
successfully completing the Bachelor of degree, designed to give you an all-round excitement and value to your degree, and
Accounting satisfy the educational business education and tailor made for broaden your career options.
requirements for undergraduate Australia’s leading businesses.
membership of CPA Australia, Chartered Global Exchange allows you to study
>> A total scholarship package up to
Accountants of Australia and New overseas during the last session of your
$51,500 tax free.
Zealand and Institute of Public final year at a UTS partner university
>> Guaranteed career prospects – BAcc
Accountants. in Asia, Europe or the Americas. While
graduates have a historical employment
you are studying overseas, you remain
rate greater than 95% with average
enrolled full-time at UTS and receive
starting salaries of around $60K.
credit towards your degree.
>> A small, exclusive group environment.
>> The option to complete a second
major or sub-majors in other business
disciplines that interest you.
>> Two six month industry placements
as an accounting intern with two
different employers, often reporting
to senior managers.
>> Numerous social functions and group
activities to help you form networks
of friends throughout the course
and beyond.
2
COURSE STRUCTURE
YEAR 1 YEAR 2 YEAR 3
Fast Track Accounting Information Systems
(January) Cost Management Systems
Accounting for Business Decisions A
Integrating Business Perspectives Accounting for Business Combinations
Internship 2
Accounting for Business Decisions B Taxation Law
Economics for Business OPTION Assurance Services and Audit
Session 1
Fundamentals of Business Finance OPTION Financial Statement Analysis
(Capstone)
Business Statistics
Applied Company Law OPTION
Internship 1
Management Decisions and Control OPTION
Session 2
Australian Corporate Environment Accounting Standards and Regulations OPTION
Marketing Foundations OPTION OPTION
3 OPTIONS TO FINISH YOUR DEGREE
OPTION 1 OPTION 2 OPTION 3
2nd Major (8 subjects) 2 Sub-majors 1 Sub-major
(4 subjects each) (4 subjects) and 4 Elective subjects
SUB MAJORS >> International Management
>> Accounting in Practice >> International Studies
>> Advanced Advertising >> Language other than English
>> Advertising >> Management
>> Business Information Systems >> Management Consulting
>> Business Innovation and >> Marketing
Financial Management >> Marketing Research
>> Business Law >> Mathematics
>> Econometrics >> Quantitative Management
>> Economics >> Specialist Country Studies
>> Event Management >> Sport Management
>> Finance >> Statistics
>> Financial Reporting >> Strategic Marketing
>> Financial Services >> Sustainable Enterprise
>> Human Resource Management >> Taxation Law
>> Information Technology >> Tourism Management
>> International Business Studies
3
BACHELOR OF ACCOUNTING (CONT)
HOW IT WORKS SELECTION
Your choice of subjects within the course >> Entry to the BAcc is very competitive
is very similar to the Bachelor of Business. and is not based on ATAR score alone.
You have to complete a compulsory first Selection criteria is as follows:
major in Accounting, and then you can –– a genuine and informed interest in
choose a second major, sub-majors an accounting-based career
or electives. –– personal attributes needed to
succeed both as a student and in a
>> 2 out of the 6 sessions of this 3 year
business career – communication
degree are spent in the workplace as
skills, interpersonal skills, team-
an Accounting Intern.
working skills, problem-solving skills,
>> We take in 30-35 new students each
enthusiasm and dedication
year, and each class of students will
–– involvement and achievement in a
study, work and play together as a
range of activities and interests
tightly-knit group throughout the 3 years
–– demonstrated leadership qualities
of the course. This means you won’t
or potential
get lost in the big crowds at university,
–– academic ability (desirable ATAR: 95)
you’ll have a ready-made support
network, and you’ll make many lifelong There is no fixed ATAR requirement for
friendships the BAcc. Like all of our selection criteria,
>> As a scholarship student you’ll be the better your score for academic ability
involved in numerous special activities the better your chances of being selected.
such as the initial 6 week fast-track Each year we take in students with ATARs
period introducing you to UTS and ranging from 90 to 99.95, balancing criteria
the business world, regular guest against one another, so if you excel in
lectures by industry managers, annual another area it can compensate for a lower
development camps and student- academic score, and vice versa.
organised social activities and trips
>> As a BAcc graduate you will have a year
of full-time work in accounting behind
you, as well as experience dealing with
and reporting to senior managers in
some of Australia’s largest businesses.
You will have had to show leadership,
communication and team working skills
expected of future business leaders.
This is why our graduates are highly
sought after by employers
4
APPLYING FOR BAcc HOW TO APPLY
SCHOLARSHIPS >> Special application and selection
BAcc students will receive a scholarship procedures apply for this course
valued at: >> Round 1 applications close Friday 2 June
2017 and Round 2 applications close on
>> $16,500 for the first year of the course;
Friday 20 October 2017
>> $17,000 for the second year of the
course; and Please note:
>> $9,000 for the first half of the third year >> Applicants must nominate the Bachelor COURTENAY SMITH
of the course. of Accounting as one of their preferred
courses in the normal way through the Chair, BAcc Steering Committee
In addition to the scholarship, which runs CFO Property Australia,
NSW and ACT University Admissions Lend Lease
for 2.5 years of the 3-year course, students
Centre (UAC)
can claim a Recruitment Incentive of
>> BAcc is intended for recent school “BAcc provides students with an excellent
$9,000 in their third year if recruited by a stepping stone into the corporate world.
leavers, however applicants from other
sponsor organisation. This would bring
backgrounds may be admitted. Previous Students gain a fantastic insight into
the total received over the three years
study or experience in accounting some of Australia’s largest organisations
to $51,500.
is generally of no advantage in our while at the same time allowing them
selection process, and those seeking to enjoy being university students. BAcc
recognition of prior study or experience is an amazing university experience
may find this more readily available in that differentiates students by creating
the Bachelor of Business course real work experiences with our
>> BAcc is only open to Australian citizens corporate sponsors."
and permanent residents of Australia
>> Classes for this course start in
mid-January
5
INDUSTRY SPONSORS
CHRISTOPHER WISEMAN
Management Accountant, Barangaroo fantastic platform for potential graduates
Lend Lease entering the workforce. In particular, the
“Lend Lease is committed to creating the experience gained through two 6-month
best places; to do this you need to attract, professional placements sets BAcc
develop and retain the best people. We graduates apart. Lend Lease has a long
believe our graduates are our future history of supporting the BAcc program, a
leaders, so we look for people with the commitment which is aided by the highly
right combination of skills, values and committed and sought after individuals
cultural fit for our Finance function and for which we have seen the BAcc program
Lend Lease. The BAcc program provides a consistently produce.”
6
FULL-TIME WORK TRAINING
Students are asked to nominate their THIRD YEAR INTERNSHIP Most of our current sponsors have their
preferred placement for an upcoming In the second Internship, you can expect head offices in the Sydney CBD, with
Internship. Placements are allocated to be working on higher level accounting others located in the greater Sydney area.
by UTS based on the best fit of student projects. Sponsor organisations will This is where students will spend much of
to organisation, taking into account often have a special job or project in mind their time during the Internship, although
student interest and performance and which they can hand to a BAcc student. in many cases sponsors will try to give
the corporate environment and particular Large tasks like this are a great challenge students some experience at other offices
work experience offered by each sponsor. to an undergraduate student, and this is or plants.
your chance to make a real contribution Students continue to study two subjects
FIRST YEAR INTERNSHIP to the management of a large and well- during the Internship.
As a first-year student you don’t have a lot known organisation.
of learning behind you, but you stand to At the end of the Internship, sponsor
gain a great deal from your first exposure HOW THE INTERNSHIPS WORK supervisor(s) are asked to submit a
to the world of big business. Students work Monday to Friday for formal evaluation of the student, and
the duration of the Internship, although each student is asked to report on their
The exact nature of your work experience
flexible arrangements are common to experiences during the Internship.
will naturally vary depending on the type
accommodate periods of high activity. This feedback is an important part
of organisation you work for – whether it
of the continuing development and
be insurance, banking, manufacturing, An orientation / introduction to the improvement of the Internships.
communications, government or retail. organisation and its expected standards
are provided when a student first reports
for work at the start of the Internship.
7
PROFILES
ALUMNI PROFILES
BRENDAN DUNNE CHRIS THOMPSON LAUREN DAVIS AMY GIANNAKAKOS
General Manager, Business Senior Commercial Manager Reporting Manager,
Improvement – Wholesale and Global Manager – Retail Investor Relations
Allianz Australia Accounts Macquarie Group
DEXUS Property Group
(Graduated BAcc 2003) Coca-Cola Amatil (Graduated BAcc 2010)
(Graduated BAcc 2005) (Graduated BAcc 2007)
“There are so many positive “The BAcc program provides
“BAcc provided me with “I chose to apply for the BAcc
elements to the BAcc program, the opportunity to gain
valuable opportunities and program as I had a strong
especially the business invaluable insight into the
set me in good stead for my interest in business and was
network and friends you diverse applications of
career at CCA. The internships drawn to the work experience
develop throughout the three accounting before entering
not only provide good practical element of the course. I was
years. UTS in general are into the corporate world as a
work experience but allow keen to get as much exposure
very focused on practical Graduate. By completing two
you to learn what industry to different facets of accounting
application and being ‘work placements in two different
and company would suit in order to make an informed
ready’. With a year’s work streams of accounting, l
you. After my first internship choice when choosing
experience and the additional had the advantage of
at CCA, I knew this was the graduate roles.
programs/support that BAcc understanding which type
offers, you’re well equipped to place for me. To this day I The internships allowed of role interested me most
hit the ground running! My first remain good friends with many us to experience firsthand and allowed me to dive in
internship was with Allianz BAcc graduates across all what we would be doing as straight from the beginning
and I ended up working there different years. graduates. As we were able to of my career. From day one,
full-time once I graduated. I’m Although a fast tracked course, choose specific industries and the BAcc program offers
still with Allianz to this day and we still enjoyed the uni lifestyle companies I felt it really helped a real investment in your
have had the chance to work and even had the opportunity us decide what direction we professional and personal
across a broad number of to complete the course could take in the future.” development. By the time
roles across the world.” overseas. you graduate you are well
Today I am still involved with equipped with the tools to help
BAcc as a sponsor and I you along the path of becoming
know CCA is a keen and long- a strong business leader.”
term partner.”
8STUDENT PROFILES
LAUREN GRASSO JOJO YEBOAH CLARE O'ROURKE JOSHUA BRADSTOCK
(3rd year BAcc) (2nd year BAcc) (2nd year BAcc) (2nd year BAcc)
“BAcc is unlike any other “I have always been “I have had a passion for “UTS is a fantastic place where
course. It capitalises on enthusiastic about business business for a long time I feel welcome and important.
the potential of ambitious and I believe that accounting and this degree is ideal for The lecturers and tutors are
young professionals by is a great foundation in terms establishing connections first class and even in the first
exposing them to the realism of the base knowledge it and excelling your career week, I had learnt so much.
of the business world. The provides for all aspects of very early on. In addition, the The facilities are also second-
invaluable opportunities such business. This alongside the friendships are important to-none, especially with the
as the industry connections industry connections and work to me and I thrive in a team new building and innovative
gained, work experience and experience associated with atmosphere which is what study areas.
scholarship were what most the BAcc course are all major the BAcc aims to create. Most weeks I DJ at either a
attracted me to the program factors that helped me realise Moreover, the degree will help club or a house party and I
and ultimately led to my the scale of this opportunity my passions for travelling with also train 5 times a week for
decision to study the BAcc.” and the extent to which this work and finding mentors in various sports and activities.
course could help me have a the professional work place Juggling competing demands
profound impact on business early on in my career. If you are can be tough at times, but
in the future. UTS is an exciting thinking of doing any degree I manage by sticking to
place to study. It has a dynamic that has to do with Business a calendar, updating my
working environment and or Commerce, then definitely diary, and making use of the
learning programs. I feel like apply for the BAcc. It is broad, reminders app on my phone.
I am definitely in the right fun, supportive, and provides It clears my mind as I know
place to prepare me for future realistic expectations for the everything is set out clearly.”
employment.” real working world.”
CONTACT US Student Centre
Building 5,
Email: coop.ed@uts.edu.au Block C, Level 1
Quay Street
bachelorofaccounting.com Haymarket NSW 2007
9VISIT AUSTRALIA’S #1 YOUNG UNI CHECK OUT OUR REINVENTED CAMPUS AND DISCOVER WHY WE’RE RANKED AUSTRALIA’S NUMBER 1 YOUNG UNI. UTS BAcc INFORMATION OPEN DAY EVENING SATURDAY 26 AUGUST 2017 TUESDAY 16 MAY 2017 9am – 4pm 6:30 – 7:30pm Register at: openday.uts.edu.au bachelorofaccounting.com DISCLAIMER: The information in this brochure is correct as of February 2017. Changes in circumstances after this date may alter the accuracy or currency of the information. UTS reserves the right to alter any matter described in this brochure without notice. Readers are responsible for verifying information that pertains to them by contacting the University. Note, this guide is for local students. International students should refer to the International Course Guide or www.uts.edu.au/international Photography By: Nathan Rodger, Chris Bennett, Shahnam Roshan, Shane Lo and Andrew Worssam. UTS:MCU /JOB 20557 / February 2017. UTS CRICOS PROVIDER CODE: 00099F
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