Business - Economics and Finance

The Bachelor of Business (Economics and Finance) at RMIT University offers students a comprehensive education in the fundamental principles of economics and finance, preparing them for diverse careers in the global business environment. This program is designed to equip students with both theoretical knowledge and practical skills, enabling them to analyze economic trends, make informed financial decisions, and develop strategic business solutions. Through a blend of coursework, case studies, and real-world projects, students gain a deep understanding of market mechanisms, financial markets, investment analysis, and economic policy. The curriculum covers essential areas such as macroeconomics, microeconomics, corporate finance, financial markets, international economics, and behavioural finance, providing a well-rounded perspective on the economic forces shaping the business landscape. Students also have opportunities to develop their quantitative skills, including data analysis, forecasting, and financial modeling, which are critical for success in today's data-driven economy. Additionally, the program emphasizes critical thinking, ethical decision-making, and effective communication, ensuring graduates are prepared to navigate complex financial environments and contribute to sustainable business practices. RMIT's strong industry connections facilitate experiential learning through internships, industry projects, and guest lectures from professionals, giving students valuable insights and networking opportunities. The program is suitable for those interested in careers in banking, finance, economic consultancy, government advisory roles, or further postgraduate study. With a focus on innovation and real-world application, the Bachelor of Business (Economics and Finance) at RMIT provides a solid foundation for a successful career in the dynamic world of economics and finance, fostering both academic growth and practical competencies to meet the demands of the evolving global marketplace.

Students and graduates of this program are entitled to apply for membership of FINSIA. Students and graduates are eligible to participate the CPA Australia Network. Graduates who undertake additional designated classes can have those counted towards partly satisfying the academic requirements for Associate Membership of CPA Australia. Graduates are entitled to apply for membership of the Finance and Treasury Association (FTA). The above professional accreditations have certain different requirements like a period of important industry experience and training programs which could need to be met after graduation.

Year 12 prerequisite units a study score of at least 30 in English (ESL) or 25 in Any English

The Bachelor of Business (Economics and Finance) at the Royal Melbourne Institute of Technology (RMIT) offers a comprehensive education in financial principles, economic theory, and business management. Regarding financing studies, the program provides a range of support options to assist students financially throughout their university experience. Tuition fees for domestic students are set according to the number of credit points completed each year, with the current annual fee approximately AUD 9,000. International students are required to pay higher tuition fees, which are generally around AUD 30,000 per year, depending on the specific course load and year of study. These fees cover the cost of coursework, access to learning facilities, and support services.

Students are encouraged to explore available scholarships and financial aid options offered by RMIT to help offset the costs of their education. Scholarships are awarded based on academic merit, equity, or specific criteria, and can significantly reduce tuition expenses. For domestic students, government-supported financial assistance such as HECS-HELP is available, allowing eligible students to defer tuition fees and pay them back through the tax system once earning above a certain threshold. International students may consider education loans from private lenders or bursaries available through various sponsorship programs.

Additionally, RMIT offers flexible payment plans to help students manage tuition fee payments more conveniently over the semester or year. Part-time work opportunities are available on and off-campus, enabling students to supplement their income while studying. The university also provides financial counseling and advice to help students plan their finances and budget effectively during their studies.

For students seeking to fund their studies through external sources, various government and private sector scholarships and grants exist, sometimes targeted at students from particular regions, backgrounds, or with specific academic interests in finance and economics. The university’s financial services team provides guidance on eligibility, application procedures, and deadlines for these funding opportunities. Overall, the financing studies for the Business - Economics and Finance program at RMIT are structured to support students through a combination of university resources, government programs, scholarships, and employment opportunities, ensuring that financial barriers do not hinder educational goals.

The Bachelor of Business in Economics and Finance at the Royal Melbourne Institute of Technology (RMIT) is a comprehensive undergraduate program designed to provide students with a solid foundation in both economic theory and financial practices. The curriculum combines core principles of economics, such as microeconomics and macroeconomics, with finance topics including financial markets, investment analysis, and corporate finance. This multidisciplinary approach aims to equip graduates with a versatile skill set that can be applied across various sectors, including banking, government, consulting, and international trade.

Students enrolled in this program benefit from RMIT’s applied learning philosophy, which emphasizes real-world scenarios through case studies, internships, and industry projects. The university's strong connections with the finance and business sectors enable students to gain practical experience and build professional networks. The program also offers specializations or electives in areas such as international finance, financial planning, and economic policy, allowing students to tailor their studies according to their career aspirations.

The teaching staff comprises experienced academics and industry professionals who bring practical insights into the classroom, fostering critical thinking and analytical skills. Throughout the course, students develop competencies in quantitative analysis, data interpretation, and economic modeling, which are crucial for making informed financial decisions in dynamic markets. The program prepares graduates to pursue further studies in economics or finance or to enter the workforce directly with confidence.

RMIT supports its students through a range of academic and career services, including mentoring, workshops, and industry networking events. The campus facilities feature state-of-the-art resources, such as financial labs and online learning platforms, enhancing the learning experience. Graduates of the Bachelor of Business in Economics and Finance at RMIT are well-positioned to succeed in competitive job markets, armed with theoretical knowledge, practical skills, and industry exposure. The program’s flexible structure also allows students to study full-time or part-time, accommodating various personal and professional commitments. Overall, this degree program offers a robust pathway into the worlds of economic analysis and financial management, preparing students for diverse roles in the global economy.