Bachelor of Commerce and Bachelor of Science (BCBS) - BCom BSc

QTAC code (Australian and New Zealand applicants): Toowoomba campus and Distance education: 905039

CRICOS code (International applicants): 030306M

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Program focus

This program will provide students with an opportunity to attain, in minimum time (four years full-time), a single qualification in Commerce and Science by completing two majors (Finance and Mathematics and Statistics).

Career opportunities

Actuary, financial mathematician, statistician for commercial & banking industries, stockbroker, financial planner, financial analyst, business forecasting.

Professional accreditation

Finance major graduates will meet the educational entrance requirements to become an Associate member of the Financial Services Institute of Australasia (Finsia).

Program aims

This program will provide students with an opportunity to attain in minimum time a single qualification in Commerce and Science by completing two majors (Finance and Mathematics and Statistics). It will provide graduates with skills that are in demand in at least two important commercial sectors. The banks, since deregulation, have been exposed to new and sophisticated capital markets and require graduates with a high level of financial and analytical skills able to design and analyse complex mathematical models. Insurance and financial consulting companies must also respond to the demands of complex superannuation and tax laws. In each of these cases, graduates with a combined finance/mathematics and statistics background would be ideal.

Program objectives

On successful completion of the Bachelor of Commerce and Bachelor of Science Program graduates will be able to:

• demonstrate well-developed communication skills

• demonstrate a basic understanding of the principles of commerce, information systems, marketing and management

• analyse the market and regulatory environment in which financial institutions operate

• demonstrate understanding of the principles of mathematics and statistics

• analyse financial market activity using contemporary financial theory

• apply mathematical techniques to problems in investment, portfolio management and risk management.

Admission requirements

Candidates for admission to this program must satisfy the normal USQ entry requirements for undergraduate programs. Please refer to Section 2.2 of the Admissions Policy, Section 2.2.1 (for Australian students) and Section 2.2.3 (for international students).

International applicants must have met the University's English language requirements or have completed the University's ELICOS/EAP program.

How to apply

Domestic students

Application for undergraduate programs may be made through the Queensland Tertiary Admissions Centre (QTAC). The same procedure applies whether you plan to study on-campus or by distance education.

If you completed Year 12 at a Queensland secondary school you will be assessed for entry on the basis of your Overall Position (OP) or equivalent score. Year 12 students from other states or territories are considered for entry on the basis of their UAI, ENTER or TER and the subject prerequisites indicated. Other applicants will be based on their overall Rank.

International students

This program is offered to international students. An international student is a person who is not an Australian or New Zealand citizen and not an Australian permanent resident. Please refer to USQ International for information about entry requirements, visa arrangements and how to apply.

Program fees

Commonwealth supported place

A Commonwealth supported place is where the Australian Government makes a contribution towards the cost of your higher education and you as a student pay a student contribution amount, which varies depending on the courses undertaken. You are able to calculate the fees for a particular course via the Course Fee Finder.
Commonwealth Supported students may be eligible to defer their fees through a Government loan called HECS-HELP.

Domestic full fee paying place

Domestic full fee paying places are funded entirely through the full fees paid by the student. Full fees vary depending on the courses that are taken. You are able to calculate the fees for a particular course via the Course Fee Finder.
Domestic full fee paying students may be eligible to defer their fees through a Government loan called FEE-HELP.

International full fee paying place

International students pay full fees. Full fees vary depending on the courses that are taken and whether they are studied on-campus, via distance education/online. You are able to calculate the fees for a particular course via the Course Fee Finder.

Program structure

Required time limits

Students have a maximum of 9 years to complete this program.

Core courses

Commerce Major (Finance)

Science Major (Mathematics and Statistics)

IT requirements

For information technology requirements please refer to the computer requirements section.

Other program requirements

Students must maintain good standing in this program. Please refer to Section 2 of theAcademic Standing, Progression and Exclusion Policy.

Articulation

This program does not articulate with any other program.

Exit points

Students may, upon application, exit from the Bachelor of Commerce and Bachelor of Science with a lesser qualification, provided that they have met all the requirements of that lesser qualification.

Exemptions

Candidates for admission to the Bachelor of Commerce and Bachelor of Science may be eligible for up to 16 units of exemption based on successful completion of relevant, equivalent undergraduate study from a recognised university.

Note: Where exemptions are granted, maximum and minimum duration will be adjusted in the same proportion as exemptions, for example, where the maximum of 16 units of exemptions are approved, maximum time will be 4½ years and minimum time will be 4 terms.

Recommended enrolment pattern