Bachelor of Commerce

Discover a global perspective on business blended with local context.

The Bachelor of Commerce, offered in Sydney and Adelaide, provides a culturally diverse and career-oriented educational experience. There is a demand for high-quality graduates in accounting, finance and management, and this commerce degree can let you get into the workplace faster through accelerated study. What’s more, this course sets up the prospect of an excellent long-term professional career, covering fundamental knowledge and skills in the key areas of accounting, finance, economics, quantitative analysis, information systems, and business and taxation law.

This course includes an industry placement as well as a global learning experience with a Laureate International Universities partner institution.

The Bachelor of Commerce is endorsed by the Chartered Accountants (CA Australia and New Zealand) and the Certified Practicing Accountants (CPA) Australia.


Key Study Outcomes:

About the School

This course is provided and delivered by Torrens University Australia Ltd. CRICOS: 03389E

Read more about Torrens University Australia

Course Delivery

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Workload and Assessment

No. of timetabled hours per week:

Torrens University Australia operates on a trimester system comprising of 3 study periods per year.

It is expected that each subject, whether studied online or on-campus, will involve a combined total of 120 hours of structured and self-directed learning, which equates to approximately 8.5 hours a week per subject over a 13-week trimester.

Typical assessment includes:

Written Assignments and Exams

Subject Information

This subject covers the role of statistical analysis in decision making. Topics include descriptive statistics, frequency and probability distributions, hypothesis testing, and linear regression and correlation.

A key element of this subject is the placement of students with an approved host organisation to complete a minimum of 120 hours of discipline-based professional work placement. While work experience is a component of the placement, considerable emphasis on the development of workplace knowledge and employability skills such as communication and organisation skills, the role and responsibility of discipline-based professionals, and the links between theory and practice in the workplace. A key task will be the completion of a reflective journal covering the placement and the identification and analysis of key learning outcomes.

Prerequisite: successfully completed 32 units of study at Torrens

This subject covers the major finance and treasury functions, and provides an understanding of a business’s financial position, covering the theory of capital markets, investment and distribution decisions, financial risk management, and financial planning and control.

Students will have the opportunity to gain global insight through unique educational experiences that leverage the Laureate International Universities network. You will have access to the world’s best and brightest minds through real world case studies, live briefs and dynamic international coverage.

This subject covers both microeconomic and macroeconomic concepts and principles. Supply and demand, markets and pricing, factor markets, income distribution and market failure are covered along with economic systems, the concept of resource allocation, and the role of individuals and businesses in markets. An introduction to the principles of the structure, performance and behaviour of the economy, implementation and impact of economic policy and the regulatory and political environments is provided.

Each student’s final project involves a research project designed to integrate the learning that has taken place during the whole course, and examine strategy and ethical practice required by modern managers. It provides the opportunity for students to apply this cohesive body of knowledge and skills to real world projects as well as gain valuable research experience.

Prerequisite: successfully completed 64 units of study at Torrens

This subject introduces accounting systems and processes, leading to an understanding of how financial transactions are recorded and the form and function of financial statements. It includes the preparation and interpretation of financial statements.

This subject covers general legal knowledge relating to the business environment, providing an understanding of the legal responsibilities and risks of doing business in Australia. It introduces the Australian legal system and discusses the legal regulation that impact business in Australia and the features and purpose of contract law and Torts.

This subject introduces students to their intended profession, the business environment and organisations, and the role of ethical standards, communication skills and behaviour in the practice of their profession. It discusses the ‘Code of Ethics for Professional Accountants’ and how the code should be applied in professional situations.

The design, development and maintenance of business information systems and their relationships with management decision making and business operations will be explored. This subject also covers the use of electronic spreadsheets and database management software in business.

This subject studies the individual, groups and the organisation to understand the behaviour of people at work. Topics include workforce diversity, values, personality, emotions, motivation, group behaviour, work and life stress, conflict, communication, power and politics, organisational culture and organisational change.

This subject provides an overview of the Australian taxation system with a special focus on the concepts of income tax law. Topics include jurisdiction to tax, assessable and non-assessable income, capital gains and losses, deductions, tax accounting, tax entities, anti-avoidance and tax administration.

Prerequisite: Business Law

This subject covers the national corporate law framework and its application to the business environment. Topics include the role and application of the Corporations Act, the regulatory environment for companies in Australia, the concept of separate legal entity, and the procedures for starting, operating and winding-up a company.

Prerequisite: LAW2000 Business Law

This subject focuses on the processes of management (planning and decision-making, organising, leading and motivating, and controlling) in a global organisation. Topics include the role of culture, intercultural communication and negotiation, people management, and ethical and socially-responsible behaviour in global organisations.

Prerequisite: successfully completed 32 units of study at Torrens

This subject covers the nature and purpose of auditing and the regulatory and professional requirements of auditors with a focus on auditing standards and their application to the audit process. The general business significance of internal controls is explored in addition to the audit of internal controls.

Prerequisite: Financial Accounting Regulation Application and Theory

21st Century professionals who wish to achieve a position of leadership must have a clear understanding of the importance of marketing and a grasp of effective marketing practices. This subject provides an overview of both marketing theory and the practical application of innovative marketing strategies. Students will also come to understand how product, price, place, and promotion contribute to the marketing mix as they explore research-‐‐based insights into consumer behaviour. This subject focuses on research methods relating to samples and inference, particularly with regards to market research data collection and analysis.

This subject covers the application of numerical and analytical skills for budgeting and forecasting, product and process costing, planning and control, performance evaluation, and the management of working capital It also introduces the role and purpose of strategic management accounting.

Prerequisite: Principles of Accounting; Business Information Systems; Principles of Economics.

This subject covers the use of accounting software to record and report business transactions and the preparation of financial statements for partnerships. The regulatory environment for financial reporting in Australia is introduced along with the role, purpose, application and interpretation of accounting standards.

Prerequisite: Principles of Accounting

This subject identifies investment classes available for managed funds. It discusses the pricing of risky assets, asset allocation techniques for both fixed-income and equity portfolios, the measurement of portfolio tracking error and risk exposure, and portfolio performance evaluation.

Prerequisite: Corporate Finance; Financial Markets and Institutions.

This subject discusses the role derivative markets play in finance, covering the concepts of arbitrage, options pricing, the application of options and futures to hedging and risk management, and currency and fixed-interest derivatives.

Prerequisite: Corporate Finance

This subject extends financial decision making into an international context. It will cover the international monetary system, the foreign exchange market, the determination of currency exchange rates, the major forms of foreign exchange exposure, the strategies to manage this exposure through the use of futures, swaps and options. This subject then examines how multinational firms make capital expenditure, cost of capital and capital structure decisions, and finally, international trade finance.

Prerequisite: Investments and Portfolio Management; Derivatives and Risk Management

This subject is concerned with the formulation of an organisation’s financing strategies. It discusses financial distress and agency costs, dividend policy and taxation and their influence on financing policy, initial public offerings in debt and equity markets, convertibles, warrants and capital market signalling, corporate diversification and agency theory.

Prerequisite: Principles of Finance

This subject describes the markets, institutions and instruments that make up the Australian financial system. Topics include the domestic and international flow of funds, money, credit, capital and foreign exchange markets, savings institutions, equities, bills and asset-backed securities.

Prerequisite: Principles of Finance

This subject covers the more advanced financial accounting issues of company reconstruction, accounts of liquidators and receivers, amalgamations and takeovers, inter-corporate investments and consolidated accounts, and joint ventures.

Prerequisite: Principles of Accounting

This subject involves the critical evaluation and application of accounting standards and covers the theoretical principles and concepts underlying accounting practice. The focus is on the conceptual framework of accounting and its application to contemporary accounting practice and includes discussion of current national and international developments in accounting and financial reporting.

This subject involves the critical analysis of public company annual reports from accounting, financial, business model, governance, environmental and social accountability aspects. It is a capstone subject that requires the application of knowledge and skills developed throughout the course.

Prerequisite: Financial Accounting Regulation Application and Theory; Corporate Accounting