Bachelor of Economics and Finance

Course summary

Economics is concerned with the big picture how a country, region or particular market is operating; while finance is a more microscopic look at industry risk and return on investment. The two disciplines complement each other giving you a more complete picture of the business world and open many doors to sought-after careers.

This degree

The Bachelor of Economics and Finance is for high achievers and as a graduate of the degree, you will be able to identify and apply the tools of analysis to a wide range of economic issues, including the behaviour of consumers and firms, the labour market, the environment, fiscal and monetary policy, and international trade.

Students will develop the skills necessary to make responsible professional judgements in their economic and financial decision-making. Your final year culminates with an exciting applied research project capstone subject. This experiential learning opportunity offers an international workplace-based project, or more traditional research-based project.

What you will study

You will study the theory, policies, practices and institutions of both the domestic and global economies. You will also develop expertise in the ways individuals, businesses and other organisations raise, allocate and use money.

Additional Information:

The first year of the degree can also be completed at the following locations:

  • UOW Batemans Bay - UAC 753672
  • UOW Bega - UAC 753673
  • UOW Shoalhaven - UAC 753671
  • UOW Southern Highlands - UAC 753674
  • UOW Southern Sydney - UAC 753675

Course information

Study area

Business

Campus

Wollongong, Southern Sydney, Southern Highlands, Shoalhaven, Bega, Batemans Bay

Course Code

326

ATAR-SR

80

IB Score

29

Duration

3 years full-time or part-time equivalent

Delivery

On Campus

Cricos

075271A

UAC Code

753670 - 753675

Admission, Key dates, and Fees

A range of admission options are available for students of all ages and academic backgrounds. The procedures governing admission are defined in UOW's Admissions Procedures, and the UOW College Admissions policy.

For any specific advice or questions regarding an application, please contact the Future Students Team.

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 non-ATAR or ATAR-based options.

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

Non-ATAR admissions at UOW 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.

ATAR-BASED ADMISSION OPTIONS With these options, students may be admitted on the basis of ATAR or ATAR 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 ATAR-Selection Rank of 80 or an IB of 29. 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 ATAR to adjust your selection rank and make it higher than your ATAR. Find out more about UOW's adjustment factors.

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 UOW degree, specified credit may be given for specific subject(s); where not relevant to the degree, unspecified credit may be awarded.

Click here for more information on UOW's credit transfer arrangements.Successful completion of the UOW College Diploma in Business with a weighted average mark of 75% provides entry into the second year of the Bachelor of Economics and Finance. Candidates should confirm their program of study with the Course Co-ordinator.

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. For information regarding student contribution amounts, please refer to the UOW Current Students website.

* 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 UOW, 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 Australia.
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

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

Other qualifications may also be considered. Full details can be found on our English Language Requirements website.


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 UOW degree, specified credit may be given for specific subject(s); where not relevant to the degree, unspecified credit may be awarded.

Click here for more information on UOW's credit transfer arrangements.Successful completion of the UOW College Diploma in Business with a weighted average mark of 75% provides entry into the second year of the Bachelor of Economics and Finance. Candidates should confirm their program of study with the Course Co-ordinator.

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 (OSHC) 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*

Wollongong

On Campus

$15,120 (2020)

$90,720 (2020)

Wollongong

On Campus

$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 UOW, 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 UOW for this course. It provides data on students that commenced undergraduate study and continued study beyond the census date at UOW 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

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

-

-

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

-

-

Other criteria only (non-ATAR) These students were admitted on the basis of other criteria where ATAR was not a factor (e.g. UOW 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)


ATAR PROFILE

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

ATAR profile of ATAR-based offers in 2019

ATAR The unadjusted, raw ATARs for students offered a place wholly or partly on the basis of ATAR. Selection Rank The ATARs 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 ATAR-based offers made
N/A: Data not available for this item
N/P: Not published (less than 5 ATAR-based offers made)

More Information

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

Key Dates

SESSION

CAMPUS

SESSION DETAILS

2020 Spring

Wollongong

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

Applications Close

  • Domestic Applicants (UAC): 3 July 2020.
  • Domestic Applicants (Direct): 30 June 2020. Late applications may be considered.
  • International Applicants: 10 July 2020. Late applications may be considered.

2020 Spring

Southern Sydney, Southern Highlands, Bega, Batemans Bay

Orientation: Check your campus details
Session: 3 August - 3 December 2020

Applications Close

  • Domestic Applicants (UAC): 3 July 2020.
  • Domestic Applicants (Direct): 30 June 2020. Late applications may be considered.
  • International Applicants: This course is not available to international applicants on this campus.

2020 Spring

Shoalhaven

Orientation: Check your campus details
Session: 3 August - 3 December 2020

Applications Close

  • Domestic Applicants (UAC): 3 July 2020.
  • Domestic Applicants (Direct): 30 June 2020. Late applications may be considered.
  • International Applicants: This course is not available to international applicants on this campus.

2021 Autumn

Wollongong

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

Applications Close

  • Domestic Applicants (UAC): 30 September 2020 (early bird), 5 February 2021 (final) (see UAC Key Dates).
  • 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.

2021 Autumn

Southern Sydney, Southern Highlands, Shoalhaven, Bega, Batemans Bay

Orientation: Check your campus details
Session: 1 March – 24 June 2021

Applications Close

  • Domestic Applicants (UAC): 30 September 2020 (early bird), 5 February 2021 (final) (see UAC Key Dates).
  • Domestic Applicants (Direct): 24 December 2020*
  • International Applicants: This course is not available to international applicants on this campus.

*Complete applications (with all required documentation) received by this date will receive an outcome prior to the start of session.
Applications received after this date will continue to be assessed for the requested session until start of session. 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 Coherently explain and integrate theoretical and technical economic and finance knowledge.
2 Apply theoretical and technical economic and finance knowledge in order to make informed judgments and decisions to solving problems.
3 Critically analyse and evaluate data and information to support decision-making in business and policy settings.
4 Apply a wide range of empirical techniques to exercise professional judgement in addressing economic and finance problems.
5 Communicate knowledge and information to both specialist and non-specialist audiences, orally and in writing.
6 Apply an adaptive and collaborative approach to working with others in a variety of business and professional environments.
7 Reflect on economic and financial events and how they relate to finance principles and/or economic way of thinking.

 

Course Structure

To qualify for the award of the degree of Bachelor of Economics and Finance, a candidate must complete a total of at least 144 credit points. 120 credit points will come from core subjects listed below. An additional 24 credit points of elective subjects shall be taken to make up a total of 144 credit points to qualify for the degree.

Subject Code Subject Name Credit Points
ACCY111 Accounting Fundamentals In Society 6
ACCY112 Accounting In Organisations 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
ACCY200 Financial Accounting IIA 6
ECON222 Mathematics for Business 6
ECON205 Macroeconomic Theory and Policy 6
ECON215 Microeconomic Theory and Policy 6
FIN 222 Corporate Finance 6
FIN 223 Investment Analysis 6
FIN 226 Financial Markets & Institutions 6
FIN 323 Portfolio Analysis 6
FIN 324 Financial Statement Analysis 6
ECON305 Economic Policy 6
ECON315 Macroeconomic Essentials for Business III 6
ECON331 Financial Economics 6
ECON339 Applied Financial Modelling 6
COMM330 Economics and Finance Applied Research Project 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 the visit the Timetables and Classes page.

NOTES:
• Double counting is not permitted when completing a minor.
• No more than 60 credit points shall be for 100-level subjects.
• 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.
 

Course Handbook

(Current year structure - subject to change)

Accreditation & professional recognition

Our programs are recognised by peak professional bodies in Australia and internationally. For more information, visit Professional Accreditation and Recognition.

Why choose this course

UOW 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
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