Bachelor of Commerce (General)

                
          Overview

Stable growth of economies in the Asia Pacific region drives the dynamism of commerce in this region as well as other parts of the World. This provides vast business and career opportunities but also implies keener competition in this regard. It takes an individual with outstanding qualities and talent to outshine the competition.

Organisations are constantly on the quest for people who possess cutting-edge business knowledge across different organisational functions and the ability to adapt effectively across international borders. These are also to people who want to be entrepreneurs and own a piece of the business world themselves.

The Bachelor of Commerce (General) from the University of Southern Queensland (USQ) opens doors to business and career opportunities. It will assist you in career by giving you a broad understanding in important areas of commerce. In partnership with Asian Centre for Professional Excellence (ACPE), the General Commerce degree aims to impart not only a professional qualification but also, practical experience which will differentiate you from your peers.

           
          Main Objectives
 

The Bachelor of Commerce (General) is a career-oriented degree which provides a sound foundation in all aspects of commerce. Studying General Commerce prepares graduates for a wide range of careers in the business world. Some of the career options include business management, business development, accounting, marketing and advertising, banking, management consulting, economic analysis, financial planning, foreign affairs, fund management, international business and trade analysis, government administration, policy formulation, portfolio management in the private and public sectors.

Overview
Accreditation
Main Objective
About USQ
Course Design & Content
Assessment
Award
Programme Advancement
Entry Requirements
Installment Payment Plan
 


   
About University of Southern Queensland

University of Southern Queensland (USQ) is a dynamic and prestigious university founded in 1967 that offers undergraduate and postgraduate programmes.

The University has embraced the need for change implicit in an educational environment that is highly competitive, and dominated by the evolution of global communication technologies. It intends to remain fast, flexible and fluid in meeting the needs of learners throughout Australia and internationally. It will meet these needs without compromise to the quality and integrity of its programs and standards.

The University has strong research programs in such areas as biotechnology, agricultural and environmental engineering, sustainable land use, the design and development of fiber composites, numerical modeling and simulation, e-business and e-commerce, school leadership, children’s literacy, theatre studies, literature and regional history. It is renowned for its performing and visual arts programs and is a world leader in online learning technologies and pedagogy.

Click here to view USQ's webpage
 

   
USQ Accreditation & Recognition

USQ is a multi-award university located in Queensland, Australia. USQ is a member of the Association of Commonwealth Universities (ACU) and is on the Commonwealth Register of Institutions and Courses for Overseas Participants (CRICOS) which is the Australian Government’s Official Register of approved courses for international participants. USQ CRICOS Institution code is QLD 00244B.

In 2005, USQ achieved accreditation with the Distance Education Training Council (DETC), an American public service organisation dedicated to identifying quality distance learning institutions. USQ was awarded the Commonwealth of Learning Award of Excellence for Institutional Achievement at the third Pan- Commonwealth Forum on Open Learning in July 2004. They have won awards which include the Joint Winner of the Good Universities Guides’ University of the Year: 2000-2001 Award and the 1999 Inaugural Award for Excellence from the International Council for Open and Distance Education (ICDE), as a world leader in ‘dual mode’ (on-campus and off-campus) education.

Ratings of USQ under the Good Universities Guide (year 2005)

 

Description

Ratings

Entry Flexibility

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The Educational Experience: Graduate Rating

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International Enrolments

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(Abstracted from The Good Universities Guide 2005)

 

   
Course Design and Content

This Bachelor of Commerce (General) consists of 8 modules which can be completed in
12 months.

Business and Consumer Law Business Forecasting
Personal Financial Planning Portfolio Management
Finance Theory and Application Global Economics and Trade
Law of Business Organisation  Financial Markets
 

   
Assessment

For each module, participants will go through various assessments which would test their knowledge acquired from the module. Assessments are in the forms of module activities, assignment and examination.

 

   
Entry Requirements

For admission into the Bachelor programme, applicants should possess:
 
1. Academic Qualifications
 
Diploma in a business discipline from local polytechnics; or
International applicants must meet the above equivalent entry qualification as deem by the University; or
Advanced Diploma in Business Administration from ACPE; and
 
2. Applicants must also demonstrate their proficiency in the use of English through
 

a score of “C” or better in “O” Level English,
a score of IELTS band score of 6.0 or a TOEFL paper based score 550 (computer-based score of 213),

applicants who do not meet these requirements would be advised to sit for a USQ Placement test.

* Admissions are subject to the approval of USQ.
 

   
Module Summaries

Modules Summaries
Business and Consumer Law
This module aims to extend the basic principles of legal liability and applying it in the context of businesses and consumers. It examines the statutory and judge made laws providing
consumer protection, such as legislation on false and misleading conduct to judicial decisions on unconscionability. Students will learn aspects of property law relevant to individual and small business, such as the classification of property, ownership, leases, transfer of title, leading into a discussion of insurable interests and managing business liabilities through insurance. Lastly, the module will also explore consumer credit and cheque regulations and procedures available for debt recovery.
Business Forecasting
The module primarily aims to introduce a variety of forecasting methodologies, quantitative and qualitative forecasting techniques that are commonly used. Quantitative techniques
taught in the module are predominantly short term in nature which seeks to identify patterns from historical data to extrapolate those patterns into the future. Causal methods of
forecasting will also be discussed through an analysis of simple and multiple regression analysis.
Personal Financial Planning
This module exposes students to the financial planning process and the legal framework and responsibilities of planners. With the increase demand for wealth managers and personal
financial planners around the globe, this module will introduce students to financial planning concepts such as wealth creation, planning for retirement, property protection and social security issues.

Portfolio Management
The current trend in the funds management industry is away from security analysis (stock picking) and towards asset allocation (managing the balance of equities, bonds, cash etc).
The former, which may be called investment management, has been surpassed in importance by the latter, which may be called portfolio management. Portfolio management is important to both individuals who manage their own personal assets and managers who manage the assets of others. This module aims to cover the important aspects of portfolio management. Coverage includes: the construction of the portfolio and importance of investment objectives and policies; the management of the portfolio including the selection of assets, the utilisation of modern portfolio methods and the revision of the portfolio; and the protection of the portfolio through the use of derivatives. Emphasis is placed on the analytical aspects
of portfolio management and the decision making process to enable students to apply the established theories and models in the financial world.
 
Law of Business Organisations
The objective of this module is to introduce students to the legal principles associated with partnerships, associations, trusts and corporations. In particular, students will be exposed to the Partnership Act and Corporations Act in detail and shall be required to be able to describe all appropriate legal principles dealing with such entities and the internal and external relationships thereof.
Finance Theory and Application
Fundamental issues in finance such as the consumption/investment trade-off and the interaction of decisions with capital markets (under conditions of certainty) are introduced. The arithmetic of mean-variance portfolio theory is then presented.
This allows portfolio theory to be developed, which then leads into the presentation of the related capital asset pricing model together with two important applications. The net present value methodology is then extended into the new and more sophisticated area of real options. The valuation of real options is further developed by way of the binomial pricing process. The important ‘existence’ issue of an optimal capital structure is then examined by way of the propositions resulting from Modigliani and Miller’s analysis together with some alternative theories of capital structure. Empirical evidence on capital structure is
examined and the various theories of capital structure assessed from a practical point of view. Various methods of evaluating the levered firm are then developed with emphasis given to the incidence of taxes. Finally, we will explore the interesting and important area of mergers, acquisitions and corporate governance.

Global Economic and Trade
National economies of today cannot function well in isolation from occurrences in other national economies. Global interdependence now characterises national and international
affairs. In this course, the disciplines of international economics and international trade are enriched by contributions from industrial organisation to explore issues in international trade and investment. Although a good deal of the material in the
course has been drawn from Australian and United States experience, the views, theories and lessons contained therein can be readily generalised.
Financial Markets
This module examines the structure, operation and performance of the financial system using principles of financial and monetary economics. Students are introduced to a selection of financial markets, products and institutions the operations of which largely determine key financial variables that affect decisions to save and invest in the real economy.

              
         Installment Payment Plan

* For Part-Time Students:
 
Fee Payment Amount Due
Application Fee On Application S$       100
Tuition Fee Full-time payment S$   16,500

 

Payment Due Date Tuition Fee Exam Fee
Upon registration S$ 5,600 Nil
On 5th month S$ 4,000 Nil
On 9th month S$ 4,000 Nil
On 13th month S$ 4,000 Nil
Total Amount S$ 17,600 Nil
 

The programme fee includes textbooks, course materials and seminar fees (No hidden cost).

The tuition fees and any other course fees are subject to a 7% GST.

All fees are payable to "Asian Centre for Professional Excellence Pte Ltd" in Singapore Dollars.

Please note that the tuition fees and/ or other course fees may vary over time due to ACPE's promotions. We would try our best to update the tuition fees and any other course fees on this website in a timely manner. Our programme executives would be pleased to provide you with the most updated price list.

Local students are now given the choice to opt for the Students Protection Scheme endorsed by CASE.
For information, click here.

Registered with Ministry of Education
Reference No. Edun N24-02-008-Vol63

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Tel: +65 6349 2727 Fax: +65 6349 2726
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