The degree programs offered by the Australian School of Business are recognised by professional organisations in accordance with the details set out below. If you are unable to fit these courses in as part of your degree requirements, you may have to enrol in additional classes on a non-award basis.

Australian Computer Society (ACS)
Australian Human Resource Institute (AHRI)
Australian Market and Social Research Society (AMSRS)
Australian Securities and Investment Commission (ASIC)
Chartered Secretaries Australia (CSA)
CPA Australia
Financial Services Institute of Australasia (FINSIA)
The Institute of Actuaries of Australia
The Institute of Chartered Accountants in Australia (ICAA)

The School of Information Systems, Technology and Management programs are accredited by the Australian Computer Society (www.acs.org.au).

Programs accredited to the level of Professional by the Australian Computer Society:

Further clarification can be found on the Australian Computer Society (ACS) Accreditation section of the Information Systems, Technology & Management website: www.sistm.unsw.edu.au.

The following HR qualifications offered by the Australian School of Business have been accredited by the National Accreditation Committee
(NAC) of the Australian Human Resources Institute.

Accreditation is granted for a period of three years - for details, please refer to the website: www.ahri.com.au.

Undergraduate marketing students at UNSW are able to obtain the Certificate of Market Research if they have successfully completed a number of approved courses. The Certificate of the AMSRS is widely recognised by government and industry as a measure of competence in market research.

To qualify for the Certificate, undergraduate students must complete and
pass the following courses:

Students who have successfully completed the required courses at UNSW must complete the application form which is available from the School of Marketing Office or from The Australian Market and Social Research Society (AMSRS) website (www.amsrs.com.au). Further information is also available from the Professional Recognition section on the Marketing website: www.marketing.unsw.edu.au.

The Bachelor of Commerce (Finance) from the School of Banking and
Finance at UNSW provides PS146 Tier qualifications in the following
areas:


- Financial Planning
- Securities
- Managed Investments
- Superannuation
- General Insurance
- Life Insurance
- Generic Knowledge Skills

The following Banking and Finance undergraduate courses are included on the Australian Securities and Investment Commission (ASIC) website:

FINS1612 Capital Markets & Institutions, FINS2624 Portfolio Management, FINS2643 Wealth Management, FINS3637 Wealth Management Advice, ECON3114 Superannuation & Retirement Benefits.

Further information on Australian Securities and Investment Commission is available at www.asic.gov.au/etraining/etrain.nsf.

CSA is the professional association for 10,000 company secretaries and corporate managers in Australia. It also operates as the Australian Division of the International Institute of Chartered Secretaries and Administrators to which most CSA members also belong.

CSA accredits courses which, if completed, count towards the academic requirements of both professional associations. During their undergraduate studies, students are encouraged to become CSA Student Members.

For details of accredited courses and student membership, please contact the National Office, Chartered Secretaries and Administrators, email info@CSAust.com, website www.csaust.com.au.

CPA Australia has accepted UNSW as an approved tertiary institution for the purpose of its membership qualifications.

Associate membership of CPA Australia requires the minimum qualification of an accredited undergraduate degree with a major in accounting, and completion of accredited courses in accounting, finance and business areas to satisfy the minimum core knowledge. A list of accredited courses can be accessed through the CPA Careers website (www.cpacareers.com.au) or via the School of Accounting website (www.accounting.unsw.edu.au).

If you are unable to fit these courses in as part of your degree requirements, you may wish to enrol in additional classes as non-award.

Students seeking professional recognition are advised to confirm membership requirements with CPA Australia. Please refer to their website at: www.cpacareers.com.au.

Business graduates may be eligible for associate membership with FINSIA. While an Economics/Commerce degree is not specifically required for membership, such a degree would facilitate employment in the financial services industry, which is a primary requirement for admission to membership.

Also Business graduates can apply for advanced standing if they chose to do FINSIA education programs (eg. Postgraduate/Diploma/Certificate).

Students are encouraged to seek further information from the FINSIA website.

The UNSW actuarial program is fully accredited by the Institute of Actuaries of Australia and recognised for exemptions by the Institute of Actuaries (London) for the Core Technical subjects. To qualify as an actuary in Australia requires the completion of, or exemption from, subjects in the professional syllabus of the Institute of Actuaries of Australia. The following courses at UNSW correspond to the Part I and Part II subjects of the IAAust professional examinations:

Students wishing to apply for exemption from the Part I professional examinations must achieve above average performance in the relevant courses.

It is recommended that students who intend to complete all of the Part I professional actuarial subjects enrol in MATH1151 Mathematics for Actuarial Studies and Finance 1A and MATH1251 Mathematics for Actuarial Studies and Finance 1B in Year 1.

ECON1101 Microeconomics 1 and ECON2102 Macroeconomics 2 may satisfy exemption requirements for Subject 107.

For students completing a combined BSc/ BCom degree, MATH2801 Theory of Statistics and MATH2831 Linear Models may also satisfy exemption requirements for Subject 101.

Qualification as an Associate of the Institute of Actuaries of Australia (AIAA) is attained on completion of the courses in Parts I and II. Qualification as a Fellow of the Institute of Actuaries of Australia (FIAA) requires the completion of subjects in Parts I, II and III of the professional actuarial examinations.

The syllabus of the Part I courses is covered in the undergraduate Bachelor of Commerce program as listed above.

Part II of the professional examinations is studied after graduating or in an Honours year and consists of the Institute Actuarial Control Cycle subjects. No exemptions are available from the Part III examinations. Two subjects are completed by distance education through the Institute of Actuaries of Australia, usually on a part-time basis after completing the Part I and Part II subjects. Part III consists of four half-year subjects completed by distance education through the Institute of Actuaries of Australia usually on a part time basis after completing the Part I and II subjects. Two of these subjects (Module 1: Investments, and Module 4: Commercial Actuarial Practice) are compulsory. In Modules 2 and 3 students select subjects in one specialty area of practice: Life Insurance; General Insurance; Superannuation & Planned Savings; and Investment Management & Finance.

Other Professional Recognition

The Faculty of Actuaries and the Institute of Actuaries in the UK offer exemptions from the equivalent subjects in their syllabus if students have obtained exemption through the Institute of Actuaries of Australia. This covers only Part I subjects. However, Fellows of the Institute of Actuaries of Australia can obtain Fellowship of the Institute of Actuaries (London) if they wish to practice in the UK or Europe.

Students who have completed an actuarial studies major and obtained exemptions from the Part I subjects of the Institute of Actuaries of Australia can apply for waivers of some of the examinations of the Society of Actuaries (North America). Fellows of the Institute of Actuaries of Australia can apply for admission as an Associate of the Society of Actuaries if they wish to practise in North America.

Fellowship of the Institute of Actuaries of Australia (FIAA) is recognised by local actuarial societies in Hong Kong, Singapore, Malaysia, New Zealand and Japan. The actuarial societies in Hong Kong, Singapore and Malaysia do not conduct their own examinations. For more information, please go to Institute's website at www.actuaries.asn.au

Graduates who have completed an accredited undergraduate degree with a major in accounting are eligible under the Institute's admission requirements to enter the 'CA Program' leading to membership, provided they have completed accredited courses in the core knowledge of Financial Accounting and Reporting, Taxation, Audit and Assurance, and Management Accounting and Analysis. A list of accredited courses can be accessed through the ICAA website or through the School of Accounting website.

 ACCT2522 Management Accounting: Process Improvement and Innovation
 ACCT2542 Corporate Financial Reporting and Analysis
 ACCT3563 Issues in Financial Reporting and Analysis

 or
ACCT3573 Issues in Financial Reporting and Analysis (Honours)
 
 ACCT3583 Stakeholder Value Management

 or
ACCT3593 Stakeholder Value Management (Honours)
 
 ACCT3708 Auditing and Assurance Services

 or
 ACCT3718 Auditing and Assurance Services (Honours)
 
 FINS1613 Business Finance
 LEGT1711 Legal Environment of Commerce
 LEGT2721 Business Transactions
 LEGT2741 Business Entities
  LEGT2751 Business Taxation
 

It is no longer mandatory to include INFS1602 but it is desirable to do so.

Students undertaking the combined Bachelor of Commerce/ Bachelor of Laws programs should substitute the following seven courses for the last four courses listed above.

Students are also advised to contact the Institute in writing for current requirements: www.icaa.org.au

Home | A Message from the Dean | Australian School of Business Information and Assistance | Schools and Disciplines | Professional Recognition of Programs