Business - Economics and Finance - Applied

The Bachelor of Business - Economics and Finance - Applied at the Royal Melbourne Institute of Technology (RMIT) is a comprehensive undergraduate program designed to equip students with vital knowledge and practical skills in the fields of economics, finance, and business management. This innovative degree combines theoretical foundations with real-world applications, preparing graduates for diverse career opportunities in the global economic and financial sectors. Throughout the course, students explore core economic principles, financial analysis, and market behaviors, enabling them to understand complex economic systems and make informed financial decisions. The program emphasizes applied learning through case studies, industry projects, and internships, fostering practical skills that meet the demands of today's competitive job market. Students gain proficiency in data analysis, problem-solving, and strategic thinking, which are essential for roles in banking, investment, financial consulting, and economic policy-making. The curriculum is designed to be flexible, allowing students to tailor their studies to specific interests within the disciplines. By engaging with industry partners and participating in practical placements, students develop a professional network and gain valuable insights into the economic and financial environments. The program also offers opportunities for specialization in areas such as financial markets, corporate finance, and economic policy. Graduates of this degree are well-equipped to pursue careers in financial institutions, government agencies, consulting firms, and international organizations. With RMIT's strong industry connections and focus on applied learning, students are prepared to adapt to the evolving landscape of global finance and economics. The Bachelor of Business - Economics and Finance - Applied aims to cultivate analytical thinkers, effective communicators, and ethical professionals, committed to making a positive impact in the world of business and economics.

Students and scholars of the program are eligible to submit an application for membership of FINSIA. Students and scholars are eligible to join the CPA Australia Network. Graduates who tackle additional specified classes might have these counted towards partly satisfying 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 mentioned professional accreditations have certain other requirements such as a period of important industry experience and training programs that will need to be met after graduation.

Year 12 prerequisite units 3 and a study score of at least 30 in English (ESL) or 25 in any other English

Financial support for the Bachelor of Business (Economics and Finance) - Applied at RMIT University includes a variety of options for both domestic and international students. Domestic students may access Commonwealth supported places which significantly reduce tuition fees, as well as government loans such as HECS-HELP that assist in covering tuition costs. International students are typically required to pay full tuition fees, but they can explore scholarships and financial aid programs offered by the university or external organizations. RMIT provides several scholarship opportunities specifically for students enrolled in Business, Economics, and Finance programs, including merit-based scholarships, regional scholarships, and industry-specific awards. Additionally, students are encouraged to seek part-time employment opportunities both on and off campus to supplement their income during their studies. The cost of living also plays an important role in the overall financial planning for students studying in Melbourne, with typical expenses including accommodation, transportation, food, and study materials. For students needing financial assistance, RMIT offers tailored advice through its Student Support Services, which can guide applicants towards suitable financial planning resources and external support options. It's also recommended that students consult with financial advisors to develop a comprehensive budget plan that covers all expected expenses during their studies at RMIT. The university's dedicated financial aid office provides detailed information on current scholarship programs, application procedures, and deadlines, ensuring students are well-informed about the various ways to fund their education. In summary, financing studies in this program can involve a mix of government support, university scholarships, external awards, part-time work, and personal savings, all structured to make higher education accessible and affordable for qualified students pursuing their interests in Economics and Finance with an applied focus.

The Bachelor of Business - Economics and Finance - Applied at the Royal Melbourne Institute of Technology (RMIT) is designed to provide students with a comprehensive understanding of economic theories, financial principles, and their practical applications in the business environment. The program aims to develop students' analytical, quantitative, and problem-solving skills, enabling them to assess financial risks, evaluate economic trends, and make informed business decisions. Throughout the course, students explore various areas including microeconomics, macroeconomics, financial markets, investments, corporate finance, and international trade. The curriculum combines theoretical knowledge with practical experiences such as case studies, industry projects, and internships, which prepare graduates for real-world challenges in finance and economics sectors.

RMIT's emphasis on applied learning ensures that students acquire not only academic knowledge but also hands-on skills relevant to current market needs. The program prepares graduates for diverse careers such as financial analysts, economic consultants, risk managers, financial advisors, and policy makers. It also provides a solid foundation for pursuing postgraduate studies in economics, finance, or business administration. The program is delivered through a combination of lectures, tutorials, workshops, and online learning modules, fostering a flexible and dynamic learning environment. Students benefit from RMIT's strong links with industry partners, which facilitate networking opportunities, guest lectures, and practical projects. Graduates of the program are well-equipped to contribute to economic policy development, financial planning, and strategic decision-making in various organizations.

Entry into the program typically requires completion of secondary education with relevant qualifications, and proficiency in English is necessary for non-native speakers. The program duration is usually three years for full-time students, with options for elective courses and specialization tracks that allow students to tailor their studies according to their career interests. Graduates join a global network of professionals and benefit from RMIT’s reputation for quality education and innovation in business and finance. The program aims to produce versatile graduates who can adapt to the fast-changing economic landscape and contribute positively to the financial well-being of organizations and communities.