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
| On-campus | Distance education | |
| Semester intake: | Semester 1 (March) Semester 2 (July) Semester 3 (November) | Semester 1 (March) Semester 2 (July) Semester 3 (November) |
| Campus: | Toowoomba | - |
| Fees: | Student contribution amount Tuition fee International fee | Student contribution amount Tuition fee International fee |
| Standard duration: | 4 years full-time, 8 years part-time, 8 years external | |

Contact us
| Future Australian and New Zealand students | Future International students | Current students |
| Ask a question Freecall (within Australia): 1800 640 678 Phone (from outside Australia): +61 7 4631 5315 Email: studybus@usq.edu.au |
Ask a question Phone: +61 7 4631 5543 Email: international@usq.edu.au |
Ask a question Freecall (within Australia): 1800 007 252 Phone (from outside Australia): +61 7 4631 2285 Email usqassist@usq.edu.au |

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 Applied Mathematics).
Career opportunities
Actuary, financial mathematician, statistician for commercial & banking industries, stockbroker, financial planner, financial analyst, business forecasting.

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 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
Applicants for admission to the program must satisfy the normal USQ entry requirements for undergraduate programs. Please refer to Academic Regulation 5.4 in the University Calendar.
International applicants must have met the University's English language requirements or have completed the University's ELICOS/UNIPREP 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. Other applicants will be based on their overall Rank. You should ensure you submit your application by the closing dates.
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
Student contribution amount
For domestic students who are offered Commonwealth supported places, the Government pays some money directly to the University, but students are also required to make a contribution. This contribution is called the ‘student contribution’. For more information about student contribution amounts, including the calculation of fees for a particular program of study, refer to USQ fees.
Tuition fee
Domestic fee-paying places are funded entirely through the tuition/direct fees paid by the student. Tuition/direct fees vary depending on the courses that are taken. For more information about Tuition Fees, including the calculation of fees for a particular program of study, refer to USQ Fees.
International fees
International students pay tuition fees. For details about international student fees, refer to the International Fee Schedule provided by USQ International.

Program structure
| Core courses | 10 units |
| Commerce major | 8 units of Finance |
| Science major | 14 units of Mathematics and Statistics |

Core courses
Commerce Major (Finance)
| Footnotes | |
| # | Not recommended for international students. |
Science Major (Mathematics and Statistics)
| Footnotes | |
| * | Offered in odd-numbered years only (e.g. 2009, 2011). |
| # | Offered in even-numbered years only (e.g. 2010, 2012). |

IT requirements
For information technology requirements please refer to the entries for the Bachelor of Commerce and Bachelor of Science in this Handbook.

Other program requirements
Students must maintain good standing in this program. Please refer to Academic Regulation 5.9 of the University Calendar.

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, e.g. 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
| Course | Year of program and semester in which course is normally studied | Residential school | Enrolment requirements | Comments | |||||
|---|---|---|---|---|---|---|---|---|---|
| On-campus (ONC) | Distance education (EXT) | Online (WEB) | |||||||
| Year | Sem | Year | Sem | Year | Sem | ||||
| ACC1101 Accounting for Decision-Making | 1 | 1 | 1 | 1 | O | OE | |||
| MGT1000 Organisational Behaviour | 1 | 1 | 1 | 1 | O | OE | |||
| MAT1102 Algebra and Calculus I | 1 | 1 | 2 | 1 | O | ||||
| MKT1001 Introduction to Marketing | 1 | 1 | 2 | 1 | O | OE | |||
| CIS1000 Information System Concepts | 1 | 2 | 1 | 2 | OE | ||||
| STA2300 Data Analysis | 1 | 2 | 2 | 2 | O | OE | |||
| LAW1101 Introduction to Law | 1 | 2 | 2 | 1 | O | OE | |||
| CMS1000 Communication and Scholarship | 1 | 2 | 2 | 2 | O | ||||
| ECO1000 Economics | 2 | 2 | 3 | 1 | O | OE | |||
| STA2301 Distribution Theory | 2 | 1 | 3 | 1 | O | Pre-requisite: (STA2300 and MAT1102) or Students must be enrolled in one of the following Programs: MSBN or MSMS | |||
| MAT1101 Discrete Mathematics for Computing | 2 | 1 | 4 | 1 | O | ||||
|
Choose one of the following two courses: | |||||||||
| FIN1106 Personal Financial Planning | 2 | 1 | 4 | 1 | O | Pre-requisite: FIN1101 OE | not recommended for international students | ||
| FIN2108 Credit Analysis and Lending Management | 2 | 2 | 1 | 2 | Pre-requisite: ACC1101 OE | no on-campus offering | |||
| MAT1200 Operations Research 1 | 2 | 2 | 3 | 2 | O | ||||
| FIN1101 Introduction to Financial Management | 2 | 2 | 3 | 2 | O | OE | |||
| MAT2100 Algebra and Calculus II | 2 | 2 | 4 | 2 | O | Pre-requisite: MAT1102 or Students must be enrolled in one of the following Programs: MSBN or MSMS or GCEN or GDET or METC | |||
| CSC1401 Foundation Programming | 2 | 2 | 4 | 2 | O | ||||
| ECO2000 Macroeconomics for Business and Government | 3 | 1 | 5 | 1 | O | Pre-requisite: ECO1000 OE | |||
| CSC2409 High Performance Numerical Computing | 3 | 1 | 5 | 1 | O | Pre-requisite: CSC1401 and MAT1102 or Students must be enrolled in one of the following Programs: MPIT or MSBN or MSMS | |||
| FIN2109 Managing Financial Institutions | 3 | 1 | 4 | 1 | Pre-requisite: FIN1101 or FIN1103 OE | ||||
|
Choose one of the following two courses: | |||||||||
| MAT3103 Mathematical Modelling for Dynamics | 3 | 1 | 6 | 1 | O | Pre-requisite: MAT2100 | offered in odd-numbered years only | ||
| MAT3105 Harmony of Partial Differential Equations | 3 | 1 | 6 | 1 | O | Pre-requisite: MAT2100 | offered in even-numbered years only | ||
| MAT/STA Elective 1 | 3 | 2 | 5 | 2 | O | ||||
| FIN1103 Financial Markets | 3 | 2 | 5 | 2 | O | OE | |||
| FIN2105 Portfolio Management | 3 | 2 | 6 | 2 | O | OE | |||
|
Choose one of the following two courses: | |||||||||
| MAT3104 Random Processes to Financial Mathematics | 3 | 2 | 6 | 2 | O | Pre-requisite: MAT2100 and STA2300 or Students must be enrolled in the following Program: MSBN | offered in odd-numbered years only | ||
| POL1000 Government, Business and Society | 3 | 2 | 6 | 2 | O | OE | |||
| FIN3106 International Finance | 4 | 1 | 7 | 1 | Pre-requisite: FIN1101 OE | ||||
|
Choose one of the following two courses: | |||||||||
| MAT3103 Mathematical Modelling for Dynamics | 4 | 1 | 7 | 1 | O | Pre-requisite: MAT2100 | offered in odd-numbered years only | ||
| MAT3105 Harmony of Partial Differential Equations | 4 | 1 | 7 | 1 | O | Pre-requisite: MAT2100 | offered in even-numbered years only | ||
| STA3300 Experimental Design | 4 | 1 | 8 | 1 | O | Pre-requisite: STA2300 or Students must be enrolled in one of the following Programs: MSBN or MSMS | |||
| MAT/STA Elective 2 | 4 | 1 | 8 | 1 | O | ||||
|
Choose one of the following two courses: | |||||||||
| MAT3104 Random Processes to Financial Mathematics | 4 | 2 | 7 | 2 | O | Pre-requisite: MAT2100 and STA2300 or Students must be enrolled in the following Program: MSBN | offered in odd-numbered years only | ||
| POL1000 Government, Business and Society | 4 | 2 | 7 | 2 | O | OE | |||
| FIN2301 e-Finance | 4 | 2 | 7 | 2 | O | OE | |||
| FIN2101 Finance Theory and Applications | 4 | 2 | 8 | 2 | O | Pre-requisite: FIN1101 and STA2300 OE | |||
| MAT/STA Elective 3 | 4 | 2 | 8 | 2 | O | ||||
| Footnotes | |
| OE | Before enrolling in this course students must check that they have satisfied the 'Recommended prior study' or 'Other enrolment' requirements set out in the Other requisites section of the course specification. |
Notes
POL1000 is
designed to give students an understanding of government-business
relations and the impact of international conditions on the government-business
environment.
MAT/STA Electives should be chosen from: MAT3201 (offered in odd-numbered years), MAT3106 (offered in even-numbered
years), STA2302 or STA3301

