Business - Financial Planning / Business - Accountancy

The Bachelor of Business in Financial Planning and Accountancy at RMIT University offers students a comprehensive education in the key areas of financial management, accounting principles, and strategic planning. This program is designed to equip students with the necessary skills and knowledge to pursue careers in financial advising, accounting, taxation, auditing, and financial management within various industries. Throughout the course, students will develop a deep understanding of financial laws, ethical practices, and the regulatory environment governing the financial and accounting sectors. The curriculum combines theoretical foundations with practical applications, providing hands-on experience through case studies, real-world projects, and industry placements. Students will learn how to prepare financial statements, analyze financial data, and advise clients on investment decisions and financial planning strategies. Additionally, the program emphasizes the development of critical thinking, problem-solving, communication, and ethical decision-making skills critical for success in today’s dynamic financial environment. The program also includes units focusing on digital financial tools and technologies, ensuring graduates are well-versed with current industry standards and innovations. With a strong focus on professional development, students are prepared for certification and licensure requirements such as the Certified Financial Planner (CFP) designation and Chartered Accountancy. Graduates from this program have the opportunity to pursue diverse roles in public practice accounting, corporate finance departments, financial consultancy firms, government agencies, and non-profit organizations. The program's structure allows for flexibility, enabling students to tailor their study to specific interests within the fields of finance and accounting. With RMIT’s strong industry connections and a focus on experiential learning, students are well-prepared to meet the challenges of a competitive global job market and to advance their careers in the financial domain.

The Bachelor of Business Financial Planning)/Bachelor of Business (Accountancy) is Licensed by the Financial Planning Association of Australia (FPA), CPA Australia and Chartered Accountants Australia and Newzealand.

• Successful completion of an Australian Year 12 or equivalent, with a minimum ATAR of 75equivalent.
  Successful completion of a Diploma or Advanced Diploma with a cumulative GPA of 2.0 out of 4.0 / / 60 percent Weighted Average Mark (WAM) in the Maximum level qualification accessible
• Or Successful completion of a Degree designation, with a cumulative GPA of 2.0 out of 4.0 / / 60 percent Weighted Average Mark (WAM)
• Or Successful completion of an Associate Degree. Successful completion of the equivalent of just one semester of full time study^ with a cumulative GPA of 2.0 out of 4.0 / / 60 percent Weighted Average Mark (WAM)
• no double-fail in any required length of this receiving amount
• Or 4 year bachelor level students: Successful completion of the equivalent of just one semester of full time study^ without a double-fail in any required length of this receiving degree.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Duration: The Bachelor of Business in Financial Planning typically spans three years of full-time study. The program is designed to provide students with a comprehensive understanding of financial planning principles, investment strategies, risk management, and ethical practices within the financial services industry. The curriculum includes core subjects such as financial mathematics, taxation, superannuation, insurance, estate planning, and financial advice.

Intake periods: The university generally offers multiple intakes per year, commonly in February, July, and November, allowing flexibility for prospective students to start their studies at different times. Specific dates may vary annually, so applicants are advised to consult the RMIT admissions calendar for precise start dates.

Fee structure: Tuition fees for international students in this program are approximately AUD 32,160 per year, though exact costs can vary depending on updated fee rates and special programs. Domestic students may be eligible for Commonwealth Supported Places (CSP), which significantly reduce the tuition costs, generally to around AUD 9,000 to AUD 11,000 per year, subsidized by government funding. Additional costs may include student service and amenities fees, textbooks, materials, and possible deviations for practical placements or industry projects.

Financial aid: RMIT University offers a variety of financial assistance options, including scholarships, grants, and payment plans. Scholarships are awarded based on merit, need, or specific criteria, and some are targeted towards domestic students studying business programs. Students are encouraged to explore scholarship opportunities on the university’s official website and apply early to secure funding.

Part-time work: International students are permitted to work part-time up to 40 hours per fortnight during academic sessions and full-time during breaks, providing opportunities to offset living expenses. Domestic students also have access to part-time employment resources.

Student exchange and study abroad programs: The program offers opportunities for international exposure through exchange programs with partner universities worldwide. These programs can extend the duration of study by a semester or year, sometimes with financial implications such as tuition transfer or additional costs.

Summary: The finance studies component of the Business - Financial Planning program at RMIT is designed to equip students with practical skills and theoretical knowledge necessary for a career in financial services. The comprehensive curriculum, flexible intake periods, and available financial supports make it accessible and aligned with industry standards. Exact details such as current fees and scholarship options should be verified directly through the university’s official communications before application.

The Royal Melbourne Institute of Technology (RMIT) offers comprehensive programs in Business with specializations in Financial Planning and Accountancy. These degree programs are designed to equip students with the essential skills and knowledge required to excel in the dynamic and competitive fields of financial management and accounting. The Business - Financial Planning program focuses on providing students with a strong foundation in financial advisory practices, estate planning, investment strategies, superannuation, and wealth management. It emphasizes practical skills, ethical considerations, and compliance with relevant legal standards, preparing graduates for careers as financial planners, advisers, or wealth managers. The coursework includes a combination of theoretical concepts, case studies, and real-world applications, ensuring that students are well-prepared to meet the demands of the industry.

Similarly, the Business - Accountancy program is tailored to develop expertise in auditing, taxation, financial accounting, managerial accounting, and regulatory compliance. Students learn to interpret financial data, prepare financial statements, and utilize accounting software tools. The program also covers the theoretical frameworks underpinning accounting standards and financial regulation, fostering a deep understanding of the industry’s legal and ethical responsibilities. Both programs benefit from RMIT’s emphasis on practical training and industry engagement, including internships, industry projects, and collaborations with relevant businesses and financial institutions. This approach ensures that students gain valuable hands-on experience and build professional networks during their studies.

Graduates of these programs are well-positioned to pursue various career paths upon graduation, including financial analyst, accountant, auditor, financial planner, and compliance officer. They also have the foundational knowledge to pursue further professional certifications and qualifications, such as CPA (Certified Practising Accountant), CFA (Chartered Financial Analyst), or CFP (Certified Financial Planner). These programs are designed to adapt to the changing landscape of financial services and business practices, integrating technological advancements, global financial regulations, and innovative financial planning methods.

The RMIT business programs are recognized for their rigorous curriculum, experienced faculty, and strong links with industry partners, ensuring that students receive a high-quality education aligned with current industry standards. The university’s modern facilities, simulation labs, and dedicated support services further enhance the learning experience. Whether students aim to start their own financial advisory firm, work within corporate accounting departments, or pursue research and advanced degrees, RMIT provides a robust platform to develop professional competence and industry readiness in business, financial planning, and accountancy.

Overall, these programs serve as a gateway to a dynamic and rewarding career in finance and accounting, emphasizing ethical practices, strategic thinking, and problem-solving skills critical for success in today’s globalized economic environment.