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 |
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 |
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 |
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.
ANDYear 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.
ANDYear 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.
ANDApproved 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
