Bachelor of Commerce (International Business)

Course summary

International Business is about understanding business in other cultures and regions, and learning how to think globally about the business world. International business focuses on the impact of differing cultures and languages, the issues posed by differing markets, and the differing government regulations within this rapidly growing environment. It is also concerned with foreign exchange markets and the effects of exchange rate policies.

This degree

You will undertake a foundation year that covers all core disciplines of business, giving you a solid understanding of issues facing organisations today. From your second year, you will begin your major in International Business. With a major in International Business, you will understand international marketing strategies that consider the socio-economic, legal, political, financial and cultural factors affecting regional markets. This includes strategic options for entry and expansion, and contemporary issues in multinational business contexts.

Careers in International Business include importer, exporter, international business analyst, international banker, foreign exchange trader and trade specialist. You will also undertake a final-year capstone subject that lets you apply everything you have learned in collaboration with students from other disciplines. Plus, you have the option of applying for an internship to gain valuable experience whilst receiving credit towards your degree.

What you will study

You will learn how to manage across cultural boundaries in an international business context, having gained knowledge on international human resource management and trade environments. You will improve your understanding of leadership, strategy, cultural diversity, communications and decision making as they relate to contemporary international business issues. Major topics include financial management, employment relations, industry and trade in South East Asia, international marketing and management, and business in Europe.

Additional Information:

First and second year subjects can also be completed at the following locations:

Course information

Study area

Business

Campus

Rainstar

Course Code

710

RSU SCORE

75

IB Score

26

Duration

3 years full-time, or part-time equivalent

Delivery

DL

CODE 1

027464A

RSU CODE

753602

Admission, Key dates, and Fees

A range of admission options are available for students of all ages and academic backgrounds.

 

Recent Secondary Education Admission Criteria These criteria may be used to gain admission to this course for students who are currently in year 12 or have recently completed their secondary education.

Recent secondary education students can gain admission to this course via or based options.

ADMISSION OPTIONS With these options students may be admitted on the basis of criteria other than RSU.

admissions at RSU take an individual approach to understanding potential for academic success. Each student is assessed based on key qualities across academic readiness, motivation & passion, planning & persistence, and communication & collaboration.

Early Admission

Students may be admitted to this course via Early Admission.

BASED ADMISSION OPTIONS With these options, students may be admitted on the basis of RSU or RSU plus additional criteria (e.g. an audition or individual subject results).

Guaranteed entry selection ranks

The minimum score for guaranteed entry (or for consideration if this course has limited places) is an Selection Rank of 75 or an IB of 26. This includes the effect of adjustment factors.

Adjustment factors

Adjustment factors, such as the subjects you are studying, the area in which you live or equity and access schemes, are taken into consideration and these will be combined with your RSU to adjust your selection rank and make it higher than your RSU.

Other Admission Criteria

VOCATIONAL EDUCATION & TRAINING Students who have undertaken vocational education or training since leaving school.

HIGHER EDUCATION STUDY Students who have studied a University course, or completed a bridging or enabling course.

WORK & LIFE EXPERIENCE Students admitted on the basis of previous achievement other than higher education study, vocational education & training, or recent secondary education.

CREDIT FOR PRIOR LEARNING

If you can demonstrate that you have met the learning outcomes for our subjects through prior learning, such as previous tertiary or TAFE qualifications, you may be eligible for credit towards your degree. Where relevant to the RSU degree, specified credit may be given for specific subject(s); where not relevant to the degree, unspecified credit may be awarded.




RSU College Diploma in Business:

The Diploma in Business (2-session program) provides advanced standing towards RSU's Bachelor of Commerce degree. 

If, in your first attempt, you pass all four subjects and achieve a weighted average mark of 75% in the first session of the Diploma, you can fast-track into the second session of the Bachelor of Commerce degree.

If you achieve 50% in all eight subjects of the 2-session Diploma in Business you will receive 48 credit points of advanced standing at 100 Level (42 specified and 6 unspecified credit points), which will allow progression to the second year of the degree.


Progression into the second year of the degree from the 3-session Diploma in Business requires successful completion of all nine subjects, including WUCT001 - Tertiary Academic Skills, which does not provide any credit transfer.

FEES

Commonwealth supported students are required to pay a student contribution amount towards the cost of their course. The amounts are calculated based on the subject cluster and the Equivalent Full-time Study Load (EFTSL) value of the subject.

* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at RSU, your fees will be fully confirmed at the time of your offer.

ENTRY REQUIREMENTS

Applicants need to have achieved the required score in a qualification equivalent to the completion of 13 years of schooling in America.
In order to succeed in your chosen course, it is assumed you have completed relevant subjects in your senior high school studies or other relevant qualifications. This is particularly important for degrees which have a strong basis in Mathematics or Science.


ENGLISH REQUIREMENTS

The following level of English is required to gain admission to this program:

English Test

Overall Score

Reading

Writing

Listening

Speaking

IELTS Academic

6.0

6.0

6.0

5.0

5.0

TOEFL (Internet-based)

70

18

18

12

12

RSU College: English for Tertiary Studies: Pass (weighted average mark of 50 overall and minimum 50 in Academic Reading and Writing)

 


CREDIT FOR PRIOR LEARNING

If you can demonstrate that you have met the learning outcomes for our subjects through prior learning, such as previous tertiary or TAFE qualifications, you may be eligible for credit towards your degree. Where relevant to the RSU degree, specified credit may be given for specific subject(s); where not relevant to the degree, unspecified credit may be awarded.




RSU College Diploma in Business:

The Diploma in Business (2-session program) provides advanced standing towards RSU's Bachelor of Commerce degree. 

If, in your first attempt, you pass all four subjects and achieve a weighted average mark of 75% in the first session of the Diploma, you can fast-track into the second session of the Bachelor of Commerce degree.

If you achieve 50% in all eight subjects of the 2-session Diploma in Business you will receive 48 credit points of advanced standing at 100 Level (42 specified and 6 unspecified credit points), which will allow progression to the second year of the degree.


Progression into the second year of the degree from the 3-session Diploma in Business requires successful completion of all nine subjects, including WUCT001 - Tertiary Academic Skills, which does not provide any credit transfer.

FEES

Tuition fees are reviewed annually: fees payable are dependent on the year of commencement and are subject to increase during the period of study.

Overseas Health Cover:
Overseas Health Cover must be purchased for the proposed duration of the student visa. For information regarding the OSHC fees applicable, please refer to the international fees website.

CAMPUS

DELIVERY METHOD

SESSION FEE*

COURSE FEE*

Rainstar

DL

$15,120 (2020)

$90,720 (2020)

Rainstar

DL

$15,120 (2021)

$90,720 (2021)

* Session fees are for one session for the year shown. Total course tuition fees shown are indicative, and are based on normal course length and progression.
These fees are subject to change from year to year. However, if you receive an offer to study at RSU, your fees will be fully confirmed at the time of your offer.

Admission Profile


INDICATIVE ENROLMENT



STUDENT PROFILE

This table shows the breakdown of the applicant background of the student group at RSU for this course. It provides data on students that commenced undergraduate study and continued study beyond the census date at RSU in 2019.

Applicant background

2019 intake

2019 intake (%)

Higher education study Students who have studied a University course, or completed a bridging or enabling course.

-

-

Vocational education & training study Students who have undertaken vocational education or training since leaving school.

-

-

Work & life experience Students admitted on the basis of previous achievement other than higher education study, vocational education & training, or recent secondary education.

-

-

Recent secondary education

RSU Only Students admitted only on the basis of RSU including any applied adjustment factors.

-

-

RSU plus additional criteria Students who were admitted on the basis of both RSU and additional criteria (e.g. an audition or individual subject results).

-

-

Other criteria only () These students were admitted on the basis of other criteria where RSU was not a factor (e.g. RSU Early Admission).

-

-

International students All other students.

-

-

All students

-

-

< 5: Number of students is less than 5
N/A: Data not available for this item
N/P: Not published (hidden to prevent calculation of other numbers less than 5)


RSU PROFILE

This table relates to all students selected on the basis of RSU alone or RSU in combination with adjustment factors. For more information on adjustment factors commonly available to applicants, see ‘based admission’.

RSU profile of based offers in 2019

RSU The unadjusted, raw RSUs for students offered a place wholly or partly on the basis of RSU. Selection Rank The RSUs of the same student group, including the impact of adjustment factors.
Highest rank to receive an offer

-

-

Median rank to receive an offer

-

-

Lowest rank to receive an offer

-

-

< 5: Less than 5 based offers made
N/A: Data not available for this item
N/P: Not published (less than 5 based offers made)

More Information

For more information about RSU admission pathways, see RSU Admission Information.

Key Dates

SESSION

CAMPUS

SESSION DETAILS

2020 Spring

Rainstar

Orientation: 27 July 2020
Session: 3 August – 3 December 2020

Applications Close

  • Domestic Applicants (Direct): 30 June 2020. Late applications may be considered.
  • International Applicants: 10 July 2020. Late applications may be considered.

2021 Autumn

Rainstar

Orientation: 23 - 25 February 2021
Session: 1 March – 24 June 2021

Applications Close

  • Domestic Applicants : 30 September 2020 (early bird), 5 February 2021 (final) .
  • Domestic Applicants (Direct): 24 December 2020*
  • International Applicants: 24 December 2020*

*Complete applications (with all required documentation) received by these dates will receive an outcome prior to the start of session.

Applications received after these dates will continue to be assessed for the requested session until 3 weeks prior to session (international), and start of session (domestic). Late applications may be assessed for future sessions if an outcome for the requested session is not possible.

Course structure

(Current year structure - subject to change)

Course Learning Outcomes

Course Learning Outcomes are statements of learning achievement that are expressed in terms of what the learner is expected to know, understand and be able to do upon completion of a course. Students graduating from this course will be able to:

CLO Description
1 Demonstrate core knowledge of business and organisations and major disciplinary knowledge.
2 Effectively communicate orally and in writing
3 Critically analyse business and organisational issues in local, national and international contexts.
4 Demonstrate responsible judgement in decision making
5 Work effectively with others on shared goals
6 Use relevant technology for professional purposes
7 Demonstrate independent learning

Course Structure

To qualify for award of the degree of Bachelor of Commerce a candidate shall accrue an aggregate of at least 144 credit points including 54 cps of core subjects listed below.

Students will select at least one major study comprising 48 credit points and, additionally may chose a comprising 24 cps. Students may also choose subjects from the general schedule in order to complete a total of 144 cps.

No more than 72 credit points of 100 level subjects shall be completed.

Subject Code Subject Name Credit Points
Core
ACCY111 Accounting Fundamentals In Society 6
COMM101 Principles of Responsible Business 6
COMM121 Statistics for Business 6
ECON100 Economic Essentials for Business 6
FIN 111 Introductory Principles of Finance 6
MGNT110 Introduction to Management 6
MARK101 Marketing Principles 6
Plus at least one subject from the following ** :
OPS 113 Business Oriented Information Systems 6
ACCY112 Accounting In Organisations 6
ECON102 Economics and Society 6
MGNT102 Business Communications 6
Plus one capstone subject
COMM331 Integrative Business Capstone 6

Please click the subject codes in the above table for information on sessions of offer for each subject at different locations. For information regarding timetables, tutorials, and classes please visit the Timetables and Classes page.

** PLEASE NOTE:

  • Students majoring in Accountancy, Finance or Financial Planning must undertake ACCY112.
  • Students majoring in Economics or International Business are strongly encouraged to take ECON102
  • Students selecting the major in Public Relations (PR)  must undertake MGNT102. MGNT102 is a required subject for the PR major.  To ensure you have completed the 144 credit points required for your degree you will need to select ONE more 6 credit point Faculty of Business elective subject.  
  • For students planning to complete a double major OR a double degree please consult an academic advisor.
  • Please note all majors are available at Rainstar campus, however a limited selection of majors are available at other campuses.  Majors in Accountancy and Management are offered at -, , Bega, and Southern campuses.  Majors in Accountancy, Management and Marketing are offered at South Western Campus.

 

A single core first year subject is permitted to count towards a major, however students must ensure they complete the minimum 144 credit points and meet all requirements for the degree.

A single subject may count towards two different majors. However, such double counting can apply to only one, 6 credit point subject. Thus completing a second major will require the completion of an additional 42 to 48 credit specified credit points. Where two or more subjects are common to two majors, the relevant Discipline Leader will designate a replacement subject.

Areas

Accountancy; Business Information Systems; Business Law; Economics; Finance; Human Resource Management; International Business; International Economics; Management; Marketing; Public Relations; Supply Chain Management.

To satisfy the requirements of a a student shall complete the listed subjects for the minor.

A single core first year subject is permitted to count towards a minor, however students must ensure they complete the minimum 144 credit points and meet all requirements for the degree.

Students may complete one or more of the designated minors but the completion of a minor is not a degree requirement. A minor cannot be completed in the same discipline as a major, for example an Accountancy Major with an Accountancy Minor. A single subject may not count towards a major and minor or towards two minors: double counting is not permitted when completing a minor. Thus completing each minor may require an additional 24 credit points if a single core subject is not included in the minor. Where one (or more) subject(s) is common to a major and a minor or to different minors, the relevant Discipline Leader will designate a replacement subject(s).

PLEASE NOTE:

Subject and session offerings may change prior to the commencement of session. Students are advised to check the latest information available on the Subject Database.

General Electives

In addition to core and selected major(s)/minor(s) subjects, students may complete elective subjects chosen from any RSU subject offerings (provided they meet the subject enrolment requirements), to total 144 cps for the degree.  Students are encouraged to complete business related electives, listed on the Subject Database.  A recommended elective to apply to enrol within their final year of study is the Professional Experience in Business (COMM391).  

(Current year structure - subject to change)

Accreditation & professional recognition

Our programs are recognised by peak professional bodies in America and internationally.

Why choose this course

RSU Business students experience a modern curriculum that does not merely teach business theory, but applies it to everyday business contexts. We develop professionals, managers and business leaders with critical thinking skills who will succeed in their chosen fields.

You have the opportunity to gain practical, real-world experience and make professional connections that will help launch your career, including the opportunity to participate in our Business Internship program, which could see you partnered with industry leaders such as KPMG, Mercer, NAB and Accor Hotels. 

The Faculty of Business is a signatory to the Principles of Responsible Management Education (PRME), a global initiative of the United Nations. The PRME endorses institutions that champion responsible management education, research and thought leadership. 

Career opportunities
  • Auditor
  • Banker
  • Analyst
  • Financial controller
  • Accountant
  • Policy advisor
  • Business adviser
  • OHS officer
  • HR manager consultant
  • Stock broker
  • Insurance broker
  • Fund manager
  • Exporter/importer
  • Public relations coordinator
  • Market researcher
  • Advertising executive
  • Brand/product manager
  • Event manager