Changes to Postgraduate Programs in 2012 and Transitional Arrangements for Continuing Students

Please note that not all changes are listed below. See these pages for the most up to date information on courses, specialisations and units of study.

• Download a PDF version of these changes

Deleted Courses

Currently enrolled students may be permitted to upgrade/transfer to the pre-2011 programs. Eligibility will be determined by the Business School on a case by case basis.

Course information for students enrolled in these programs is available on the Discontinued Programs page.

Changes to Courses

Master of Commerce (and embedded/combined programs)

The structure and specialisations for the Master of Commerce have been revised for students commencing and transferring in 2012 - the new program structure is outlined on the Master of Commerce webpage. From 2012, there will no longer be specialisation capstone units (further information on how this impacts on each specialisation is available below) and a Commerce program capstone unit, BUSS6000 Succeeding in Business will be introduced. Although it is recommended that all students consider completing the new Commerce capstone unit, this will not be compulsory for students who commenced the Commerce program prior to 2012.

Continuing Commerce students have the option to complete their specialisation/s or major/s as they appeared in the Handbook of the year they commenced their course (see Handbook archives). Specific program changes are listed below:

1. ECON5001 Microeconomic Theory can be counted/undertaken as a foundational unit. ECON5000 Economics for Business will no longer be available but will still count towards required foundational units if students completed it in 2011.
2. A new foundational unit, QBUS5001 Quantitative Methods for Business, will be offered.
3. Accounting specialisation - the 2011 capstone, ACCT6120 Corporate Governance and Accountability will no longer be compulsory but will be available as an elective unit for the specialisation. Students who wish to undertake this unit in 2012 should note that ACCT6001 Intermediate Financial Reporting will become a prerequisite and CLAW5001 Legal Environment of Business will be assumed knowledge.
4. Requirements for CPA Accreditation - in 2012, to cover the CPA curriculum area in Economics, Commerce students will be able to complete ECON5003 Economics for Accountants (rather than having to complete both ECON5001 Microeconomic Theory and ECON5002 Macroeconomic Theory). To cover the Quantitative Methods curriculum area, students will be able to complete EITHER ECMT5001 Principles of Econometrics OR the new foundational unit, QBUS5001 Quantitative Methods for Business. CLAW6002 Corporations Law will be renamed, 'Corporate Structures in Practice'. CLAW6026 Concepts of Australian Taxation will be renamed 'Taxation Law and Practice'.
   1. As completion of ACCT6120 Corporate Governance and Accountability is no longer compulsory for the Accounting specialisation, students who commenced the Master of Commerce in 2011 (and have not been granted any waivers for foundational units) will be able to cover up to 11 CPA core curriculum areas within their degree with coverage of up to 9 possible within a Commerce combined degree program. Students should check the CPA website for further information on core curriculum requirements.
5. Banking specialisation - from 2012, the prerequisites, ECON5001 Microeconomic Theory and ECON5002 Macroeconomic Theory will be removed from BANK6002 Bank Management and BANK6003 Global Supervision of Bank Risks but FINC5001 Capital Markets and Corporate Finance will become a corequisite for these units. If students do not wish to complete ECON5002 Macroeconomic Theory and ACCT6003 Financial Statement Analysis (compulsory units in 2011), they have the option to complete the new unit, BANK6005 International Banking and one elective unit listed for the specialisation. Both ECON5002 Macroeconomic Theory and ACCT6003 Financial Statement Analysis are listed as elective options in 2012.
6. Business Law specialisation - the 2011 capstone, CLAW6002 Corporations Law will be renamed, 'Corporate Structures in Practice'. This unit will remain compulsory for the specialisation. Three new elective units will also be available; CLAW6030 China's Legal Environment for Business, CLAW6031 International Financial Crime and CLAW6032 Regulating Innovation and Distribution. CLAW6026 Concepts of Australian Taxation will be renamed 'Taxation Law and Practice'.
7. Finance specialisation - the 2011 capstone unit, FINC6021 Corporate Valuation will no longer be compulsory but can be completed/counted as an elective unit for the specialisation. FINC6001 Intermediate Corporate Finance will remain compulsory. New elective units, CLAW6031 International Financial Crime and FINC6023 Financial Risk Management will also be offered. From 2012, FINC5001 Capital Markets and Corporate Finance will no longer be a prerequisite for FINC6016 Financial Instruments and Markets and will move from a pre to a corequisite for FINC6010 Derivative Securities.
8. Integrated Business Solutions specialisation - from 2012, this specialisation will be named Business Information Systems. The 2011 capstone, INFS6020 BIS Innovation, Transformation & Change will no longer be compulsory but will continue to be required for ACS accreditation. Assumed knowledge of INFS5000 Business Information Systems (pre-2011 commencing students) or INFS6001 Managing Information and Systems has been removed from all advanced units for the specialisation except INFS6020 BIS Innovation, Transformation & Change.
9. International Business specialisation - the 2011 capstone, IBUS6010 Global Business Management will not be offered. The specialisation will therefore comprise IBUS6001 International Business Strategy, IBUS6002 Cross-Cultural Management and two elective units listed for the specialisation. New elective units include CLAW6030 China's Legal Environment for Business and IBUS6019 Strategy and Emerging Markets.
10. Logistics and Supply Chain Management specialisation - the 2011 capstone unit, TPTM6170 Value Chain Management will remain compulsory for the specialisation. TPTM6130 Transport and Logistics Management will be renamed 'Transport and Logistics Strategy'.
11. Management and Organisations specialisation - the 2011 capstone unit, WORK6130 Leadership in Organisations will remain compulsory for the specialisation.
12. Marketing specialisation - the 2011 capstone unit, MKTG6003 Marketing Strategy will no longer be compulsory but can be completed as an elective for the specialisation. MKTG6007 Consumer Behaviour will remain compulsory. A new elective unit, CLAW6032 Regulating Innovation and Distribution will be offered.
13. Project Management specialisation - the 2011 capstone unit, INFS6030 Project Management in Practice will no longer be compulsory but can be completed as an elective for the specialisation. The unit of study code for ECMT6510 Management Decision Making will change to QBUS6320.
14. Quantitative Business Analysis specialisation - this specialisation has been significantly revised for 2012. Current students have the option to complete the specialisation as it appeared in the year they commenced their studies or as it will appear in 2012. A new foundational unit, QBUS5001 Quantitative Methods for Business will be introduced for the specialisation but students who have completed ECMT5001 Principles of Econometrics will not be required to complete this new unit. The 2012 specialisation will comprise four elective units chosen from QBUS6310 Business Operations Analysis (previously ECMT6008), QBUS6320 Management Decision Making (previously ECMT6510) and new units, QBUS6810 Statistical Learning and Data Mining, QBUS6820 Business Risk Management and QBUS6830 Financial Time Series and Forecasting.
15. Quantitative Finance specialisation - this specialisation has been significantly revised for 2012. Current students have the option to complete the specialisation as it appeared in the year they commenced their studies or as it will appear in 2012. From 2012, the specialisation will comprise two foundational units, FINC5001 Capital Markets and Corporate Finance and a new foundational unit, QBUS5001 Quantitative Methods for Business (ECMT5001 Principles of Econometrics can be substituted if this has already been completed); two compulsory units, FINC6000 Quantitative Finance and a new unit, QBUS6830 Financial Time Series and Forecasting; and two elective units of study as listed under the Quantitative Finance specialisation.
16. Strategy and Innovation specialisation - the 2011 capstone, IBUS6009 Advanced Strategy will not be offered and can be replaced with a fourth elective unit of study listed for the specialisation. A new elective unit will also be available, CLAW6032 Regulating Innovation and Distributions.
17. Econometrics specialisation - a new specialisation in Econometrics will be introduced in 2012. See the Econometrics specialisation page for further information. This specialisation will be offered by the School of Economics (Faculty of Arts and Social Sciences).
18. Economics specialisation - ECON5000 will no longer be available from 2012 and should be replaced with ECON5001 Microeconomic Theory. The 2011 capstone unit, ECON6026 Strategic Business Relationships, will no longer be compulsory but will be available as an elective unit for the specialisation.

Master of Commerce and Master of Logistics Management

This combined degree program will comprise 18 units in total from 2012 (in line with the extended duration of the Master of Logistics Management degree). Students currently enrolled in this program continue to complete the existing 16 unit program as it appears in the Handbook of the year they commenced.

Master of International Business (and embedded programs)

The Master of International Business program has been significantly revised for 2012 and commencing/transferring students will require an undergraduate business degree for admission. Further information on the new program can be found at FC074 Master of International Business. The Graduate Certificate and Graduate Diploma in International Business will no longer be available to commencing students. Existing International Business students complete their course requirements according to the rules in the Handbook of the year they commenced their studies and current GCertIB and GDipIB students will still be able to upgrade to the existing 12 unit Master's program. Only the new 10 unit program will be available to transferring students. Due to the prohibitions on units of study in the new program, it will not be possible for students who have completed IBUS6001 International Business Strategy, IBUS6002 Cross-Cultural Management, IBUS6003 Managing International Risk or IBUS6004 International Business Alliances to transfer to this course.

Master of International Business and Master of Commerce

Consistent with the revisions to the Master of International Business in 2012, this combined degree program has also been revised and will increase in duration to 20 units/2.5 years full-time. Further information on the new program can be found at FC071 Master of International Business and Master of Commerce. Students currently enrolled in this program complete their course requirements according to the rules in the Handbook of the year they commenced their studies.

Master of International Business and Master of Logistics Management

Consistent with the revisions to both the Master of International Business and Master of Logistics Management in 2012, this combined degree program has also been revised and will increase to 18 units in total. Further information on the new program can be found at FC072 Master of International Business and Master of Logistics Management. Commencing/transferring students will require an undergraduate business degree for admission. Students currently enrolled in the program complete their course requirements according to the rules in the Handbook of the year they commenced their studies.

Master of International Business & Law

The Master of International Business program has been revised for 2012 with commencing/transferring students required to complete a total of 12 units. Further information on the new program is available from FC073 Master of International Business and Law. Students currently enrolled in the Master of International Business & Law can continue with the existing 8 unit program. Transfers will not be available to the existing 8 unit program.

Master of Logistics Management

The Master of Logistics Management program has been revised for 2012 with commencing/transferring students required to complete a total of 10 units. Further information on the new program is available from FC067 Master of Logistics Management. Students currently enrolled in the Master of Logistics Management can continue with the existing 8 unit program (as outlined in the Handbook of the year they commenced) and those enrolled in the Graduate Certificate or Diploma in Logistics Management will still be able to upgrade to the 8 unit program. Only the 10 unit program will be available to students transferring from other programs (with the exception of downgrades from a Master of Logistics Management combined degree program).

TPTM6130 Transport and Logistics Management will be renamed 'Transport and Logistics Strategy'.

Master of Professional Accounting

From 2012, students will be able to complete either ECMT5001 Principles of Econometrics or the new unit, QBUS5001 Quantitative Methods for Business to cover the CPA curriculum area in Quantitative Methods. CLAW6002 Corporations Law will be renamed, 'Corporate Structures in Practice' and CLAW6026 Concepts of Australian Taxation will be renamed 'Taxation Law and Practice'.

Master of Transport Management

The Master of Transport Management program has been revised for 2012 with commencing/transferring students required to complete a total of 10 units. Further information on the new program is available from FC68 Master of Transport Management. Students currently enrolled in the Master of Transport Management can continue with the existing 8 unit program (as outlined in the Handbook of the year they commenced) and those enrolled in the Graduate Certificate or Diploma in Transport Management will still be able to upgrade to the 8 unit program. Only the 10 unit program will be available to students transferring from other programs (aside from downgrades from a Master of Transport Management combined degree program).

TPTM6130 Transport and Logistics Management will be renamed 'Transport and Logistics Strategy'.

Master of Logistics Management & Master of Transport Management

Consistent with the revisions to both the Master of Logistics Management and Master of Transport Management in 2012, this combined degree program has also been revised and will increase in duration to 16 units/2 years full-time. Further information on the new program can be found at FC069 Master of Logistics Management and Master of Transport Management. Students currently enrolled in the combined degree program can continue with the existing 12 unit program (as outlined in the Handbook of the year they commenced).

TPTM6130 Transport and Logistics Management will be renamed 'Transport and Logistics Strategy'.