Bachelor of Laws/Bachelor of Business (Economics and Finance)

Royal Melbourne Institute of Technology

About

This program is a double degree program that comprises the Bachelor of Laws and Bachelor of Business (Economics and Finance).

It prepares graduates for legal careers related to financial management.

With the increased scrutiny into the financial services and banking industry, organisations are responding to intensifying compliance regimes.

Graduates from this double degree have the opportunity to work in various areas of law, for example, as Financial Services Advisory Lawyers or Dispute Resolution Lawyers in legal service organisations or public and private enterprises.

During the double degree, career development learning is scaffolded across early, mid and late stages of the program.Bachelor of LawsThe Bachelor of Laws program is accredited by the Victorian Legal Admissions Board as meeting the educational requirements for admission to practice as an Australian lawyer.

You will be able to be admitted to practice after completing a recognised Practical Legal Training course (6 months);

or supervised workplace training with a law firm (12 months).By completing the Bachelor of Laws program you will possess a detailed and comprehensive knowledge of the Australian legal framework and fundamental legal principles, an understanding of comparative and international legal systems, an understanding of the ethical framework in which the Australian legal system operates, and a fundamental knowledge of the extra-legal factors impinging upon the substantive law.Learning activities and experiences in this program include case-based learning with students encouraged to engage in critical discussion in seminars and online forums, supplemented by active, authentic experiential learning opportunities in various simulations that develop legal skills.

These simulations include writing briefs and other legal documents, mooting, interviewing, negotiation and mediation skills.

These are integrated into most substantive law courses to ensure that you develop the skills in close connection with the legal knowledge.

Clinical legal education and industry placement opportunities are also provided.A capstone experience will be provided in the courses LAW2591 Law of Evidence (12 credit points), which will give you the opportunity to critically reflect on the curriculum of this program.

The course promotes the integration and synthesis of a range of knowledge and skills gained in the program and the application of these in discipline related real-world scenarios.Bachelor of Business (Economics and Finance)The Bachelor of Business (Economics and Finance) program provides the knowledge and skills required in the financial management of public and private enterprises through a broad-based curriculum involving highly-focussed and in-depth theoretical and practical learning and professional training in economics and finance, combined with generalist business studies in statistics, accounting, marketing, management, and business IT.The program is delivered on-campus through face-to-face teaching and learning, with some online components, where you will be engaged in a variety of learning experiences, including lectures and tutorials, individual assignments, collaborative team-based projects, presentations, and activities using the Financial Markets Training Simulator.

Assessments include formal examinations, written assignments, presentations, evaluation of case studies, projects, and in-class tests.The final year of the program includes the capstone course BAFI1018 International Finance which will provide you the opportunity to critically reflect on, consolidate and apply the theoretical approaches and work- practice experiences gained throughout the program in discipline related real-world scenarios, providing you with the skills and attributes necessary for work-readiness in your chosen career field or to progress successfully to further studies at the graduate level.

This program will prepare you to work in a globalised, international context as a professional economist, analyst, researcher, trader, or financier in the banking, stockbroking, funds management, insurance and superannuation industries and in other private sector or government organisations requiring high level, technical expertise in financial and economic analysis, or for post-graduate studies and possible employment in tertiary education and academia.

This double degree program is delivered on-campus.

Structure

Year One of Program

Semester One - Complete the following One (1) Commencement Course:

Course Title Credit Points Course Code Campus
Becoming a Lawyer in a Globalised World 12 LAW2580 City Campus

Complete the following Three (3) Courses:

Course Title Credit Points Course Code Campus
Contract Law 12 LAW2585 City Campus
Accounting in Organisations and Society 12 ACCT1046 City Campus
Introduction to Management 12 BUSM4176 City Campus

Semester Two - Complete the following Four (4) Courses:

Course Title Credit Points Course Code Campus
Torts Law 12 LAW2601 City Campus
Principles of Criminal Law and Procedure 12 LAW2596 City Campus
Business Information Systems 12 ISYS2056 City Campus
Business Statistics 1 12 ECON1030 City Campus
AND

Year Two of Program

Semester One - Complete the following Four (4) Courses:

Course Title Credit Points Course Code Campus
Australian Government and Statutory Interpretation 12 LAW2579 City Campus
Principles of Company Law 12 LAW2595 City Campus
Prices and Markets 12 ECON1020 City Campus
Macroeconomics 1 12 ECON1010 City Campus

Semester Two - Complete the following Four (4) Courses:

Course Title Credit Points Course Code Campus
Enterprise Law: Designing Legal Solutions 12 LAW2586 City Campus
Technology, Ethics and the Law 12 LAW2600 City Campus
Marketing Principles 12 MKTG1025 City Campus
Financial Markets 12 BAFI1002 City Campus
AND

Year Three of Program

Semester One - Complete the following Four (4) Courses:

Course Title Credit Points Course Code Campus
Principles of Administrative Law 12 LAW2594 City Campus
Property Law 12 LAW2597 City Campus
Macroeconomics 2 12 ECON1042 City Campus
Business Finance 12 BAFI1008 City Campus

Semester Two - Complete the following Four (4) Courses:

Course Title Credit Points Course Code Campus
Equity 12 LAW2587 City Campus
Law, Business and Human Rights 12 LAW2593 City Campus
Quantitative Analysis 12 ECON1061 City Campus
Price Theory 12 ECON1048 City Campus
AND

Year Four of Program

Semester One - Complete the following Four (4) Courses:

Course Title Credit Points Course Code Campus
Constitutional Law 12 LAW2584 City Campus
Civil Dispute Resolution 12 LAW2582 City Campus
Basic Econometrics 12 ECON1066 City Campus
Risk Management 12 BAFI1026 City Campus

Semester 2 - Complete the following Three (3) Courses:

Course Title Credit Points Course Code Campus
Justice Innovation 12 LAW2589 City Campus
Law of Investments and Financial Markets 12 LAW2457 City Campus
International Trade 12 ECON1086 City Campus

Select and Complete One (1) Course from the Approved Law Option list at the end of this program structure.

AND

Year Five of Program

Semester One - Complete the following Three (3) Courses:

Course Title Credit Points Course Code Campus
Trusts 12 LAW2602 City Campus
Investment 12 BAFI1042 City Campus
International Monetary Economics 12 ECON1082 City Campus

Select and Complete One (1) Course from the Approved Law Option List at the end of this program structure.

Semester 2 - Complete the following Two (2) Capstone Courses:

Course Title Credit Points Course Code Campus
Law of Evidence 12 LAW2591 City Campus
International Finance 12 BAFI1018 City Campus

Select and Complete Two (2) Courses from the Approved Law Options List at the end of this program structure.

AND

Year Five of Program

Summer Semester or Flexible Term - Select and Complete Two (2) Courses from the list of Approved Law Option Courses at the end of this program structure.

AND

Approved Law Options List.

Law Options:

Course Title Credit Points Course Code Campus
Intellectual Property Law 12 LAW2537 City Campus
Introduction to Employment Law 12 LAW2472 City Campus
Law of Investments and Financial Markets 12 LAW2457 City Campus
International Commercial Law 12 LAW2536 City Campus
Taxation Law 12 LAW2599 City Campus
Global Trade and Business Law 12 LAW2588 City Campus
Public International Law 12 LAW2598 City Campus
Law of Wills 12 LAW2592 City Campus
Business and Human Rights Clinic 12 LAW2581 City Campus
Clinical Legal Practice 12 LAW2583 City Campus
Law of Climate Change 12 LAW2590 City Campus
Contemporary Legal Research Project 12 LAW2603 City Campus
External Legal Competition 12 LAW2610 City Campus
Legal Internship 12 LAW2608 City Campus
LLB Study Tour (CIJ): Innovative Justice and Court Innovation 12 LAW2609 City Campus

Entry requirements

Applicants with recent secondary education (current and within the past two years):

Successful completion of an Australian Year 12 senior secondary certificate of education or equivalent. VCE study score of at least 30 in English (EAL) or at least 25 in English other than EAL or equivalent.

If applicable, this includes equity access schemes and any other adjustment factors.

Associate Degree applicants:

Applicants who have successfully completed the equivalent of an Associate Degree with GPA converted to ATAR.

All Bachelor of Business Degree applicants:

Applicants who have successfully completed the equivalent of four courses in an Australian Bachelor Degree with GPA converted to ATAR and no double-fail in any required course of the receiving degree.

Open Universities Australia (OUA) applicants:

Successful completion of four Open Universities Australia higher education units with a with GPA converted to ATAR.

Work and Life Experience:

You may satisfy the academic requirements by completing the STAT multiple choice. If you are applying to RMIT as an applicant with work or life experience, you may sit the STAT multiple choice if you:

  • are 19 years of age or over as of 1 January in the year in which you will start your studies and
  • have not been enrolled in secondary studies for at least two years and
  • have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program

STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents. Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.

Learning outcomes

Bachelor of Laws

Bachelor of Laws graduates will have the foundational legal knowledge required for a career as a legal practitioner or legal/non-legal roles in a variety of law-related fields. You will also possess the ability to analyse a problem involving a question or questions of law and, through research, to provide a solution to it. You will possess the skills needed to practise law in a variety of fields, industry sectors and locations; and you will develop skills in effective writing, drafting, advocacy, interviewing and advising, negotiation, team work and presentations. You will have an understanding of the application of ethical standards; be able to demonstrate judgment and strategic reasoning; and be effective in self-management. Possessing strong self- management skills, you will be able to work well individually and as members of teams. You will have sound commercial judgment and an awareness of the ethical and justice issues affecting all stakeholders in the Australian legal system.

On the successful completion of this program, you will be able to:

Bachelor of Business (Economics and Finance)

Bachelor of Business (Economics and Finance) graduates are able to provide value-adding advice from two disciplines that will enable individuals, public and private organizations to make commercially informed decisions. You will be able to integrate theoretical and technical proficiency in a range of economic and finance applications and contexts that enable you to respond to specific situations and the needs of clients with differing understandings and from a diversity of cultural backgrounds.

On the successful completion of this program, you will be able to:

Institution