Course Overview

About This Course

The Bachelor of Business (Islamic Business) (CRICOS Course Code: 109327E) is a three-year full-time degree that provides an increased ability for students to critically evaluate market behaviour within the scope of Islamic banks and financial institutions. From performance to organisation behaviour, students will develop an appreciation of the effects that these institutions have on the market. The degree will also enable students to enhance their career opportunities internationally. With the containing growth of Islamic financial institutions worldwide, Muslim and Non-Muslim students will have the benefit of a constantly growing, evolving field that is ripe with opportunities. Banks, corporate businesses and financial institutions are some of the places seeking qualified experts in this field. On completion, graduates acquire disciplinary skills in the 'finance and budgetary' sector complemented by extended business and management skills that uniquely equip them to develop careers in business and accounting in the private and public sectors in Western markets as well as the rapidly expanding Islamic finance markets in Southeast Asia, the Middle East and the Gulf Regions. The degree is comprised of 24 units (subjects) studied over 6 trimesters, 4 units per a trimester session. Each trimester will comprise 13 weeks of face-to-face classes, and one-week end of session exam period. The course is accredited by the CPA, CA ANZ and ACCA. Students who take Islamic Business will study units that enable them to apply for registration as a Certified Islamic Public Accountant (CIPA). Thus, the Islamic Business program allows a student the potential to register for both CPA/CA and CIPA.

Eligibility

Entry Requirements

Requirements

Domestic Students – Current School Leavers:

Minimum ATAR of 65 (or equivalent assessment in New Zealand or the Overall Position (OP) in Queensland) or a Higher School Certificate or overseas equivalent.

Domestic Students – Non-Current School Leavers:

Completion of an AQF level 4 or equivalent course; or
Previous admission to or the subsequent completion of at least one trimester of an AQF level 7 or equivalent course.

International Students:

Must be at least 18 years of age or older at course commencement.
Year 12 or equivalent or other relevant qualification.
An overall valid academic IELTS 6.0 not less than 6.0 each band; or an English proficiency of upper intermediate level or above from an approved ELICOS provider; or have successfully completed at least an Australian Certificate IV qualification within the last 2 years; or have successfully passed NAPS's English Placement Test.
International Students must meet the Student Visa (SC500) requirements.

Mature Age Applicants:

Are 21 years of age or older on 1st March of the year they intend to commence study.
Do not have the required ATAR for admission to the course.
Do not have a record of tertiary study; and
Have completed an approved preparation course of not less than 6 months duration; or
Have completed a vocational training course and have been assessed by the Dean or nominee to be able to undertake tertiary studies.

English Language Requirements:

Students from Australian local institutions must have completed a Higher School Certificate or equivalent from overseas.
Mature students from English speaking countries must pass an English language proficiency interview conducted by the Dean or nominee.
For students from non-English speaking countries: IELTS (Academic) minimum score of 6.0 with no sub-band score less than 6 or equivalent in TOEFL or other accredited English language test.
IELTS score must have been attained within two years of the date of application for admission.

Articulation Arrangements and RPL:

Students who have completed a diploma or advanced diploma or equivalent course in another approved institution may transfer into this degree.
The amount of credit transfer or recognition of prior learning will be assessed for each individual student.

Career & Study Pathways

Where this takes you

Career Opportunities

Business Analyst, Risk Manager, Human Resources/Recruiter, Corporate Accountant, Business Research, Budget Analyst, Auditor, Business Consultant, Entrepreneur, Small Business, Social Entrepreneur, Sustainability Analyst

Course Content

Units of Competency

All Units41 units

ACC101

Accounting for Decision Makers

Core unit; CPA and CA ANZ required unit.

ECO101

Introduction to Economics

Core unit; CPA and CA ANZ required unit.

MKT101

Introduction to Marketing

Core unit.

ITS101

Business Analytics

Core unit.

ACC102

Principles of Accounting

Prerequisite: ACC101 Accounting for Decision Makers.

MGT101

Principles of Professional Communication

FIN201

Financial Management

Prerequisite: ITS101 Business Analytics.

MGT203

Organizational Behaviour

ACC201

Financial Accounting

CPA and CA ANZ required unit. Prerequisite: ACC102 Principles of Accounting.

FIN101

Financial Management

ITS2XX

Applied Business Analytics

Prerequisite: ITS101 Business Analytics.

LAW101

Business Law

ITS201

Introduction to Information Systems

Prerequisite: ACC101 Accounting for Decision Makers.

ACC301

Corporate Accounting and Reporting

Prerequisite: ACC201 Financial Accounting.

ACC202

Accounting Information Systems

Prerequisite: ITS201 Accounting Information Systems.

LAW201

Corporations Law

Prerequisite: LAW101 Business Law.

ACC203

Cost and Management Accounting

Prerequisite: ACC102 Principles of Accounting.

ACC307

Accounting and Sustainability

Prerequisites: ACC201 Financial Accounting, LAW201 Corporations Law.

LAW302

Tax Law

Prerequisite: LAW201 Corporations Law.

MGT201

Ethics and Governance

Prerequisite: LAW202 Principles of Shari'ah.

ACC303

Auditing and Assurance

Prerequisites: ACC307 Accounting and Sustainability, LAW201 Corporations Law.

ACC306

Financial Statement Analysis

Prerequisites: ACC201 Financial Accounting, ACC301 Corporate Accounting and Reporting.

MGT207

Business Ethics in Shari'ah

Prerequisite: LAW201 Corporations Law.

ACC308

Islamic Accounting Principles

Prerequisites: ACC101 Accounting for Decision Makers, MGT201 Ethics and Governance, LAW202 Principles of Shari'ah.

LAW203

Contractual Obligation in Islam

Prerequisites: MGT201 Ethics and Governance, LAW202 Principles of Shari'ah.

ECO301

Principles of Islamic Economics

Prerequisites: MGT201 Ethics and Governance, LAW202 Principles of Shari'ah.

FIN305

Principles of Islamic Banking

Prerequisites: MGT201 Ethics and Governance, LAW302 Tax Law.

LAW303

Islamic Commercial Law

Prerequisites: MGT201 Ethics and Governance, LAW101 Business Law, LAW202 Principles of Shari'ah.

LAW202

Principles of Shari'ah

MGT206

Business Research Methods

Additional unit for CPA/CA ANZ professional requirements.

ACC304

Current Issues in Accounting

Additional unit for CPA/CA ANZ professional requirements.

MGT202

Human Resources Management

Elective unit.

MGT204

Introduction to Logistics and Supply Chain Management

Elective unit.

MGT205

Managing Innovation in Business

Elective unit.

LAW301

International Business Transactions

Elective unit.

LAW304

Advanced Tax Law

Elective unit.

FIN301

Corporate Finance

Elective unit.

FIN303

Investment Analysis

Elective unit.

FIN304

Contemporary Islamic Finance

Elective unit.

FIN306

Islamic Capital Markets

Elective unit.

ACC302

Advanced Management Accounting

Elective unit.

Common Questions

Frequently Asked Questions

Is the Bachelor of Business (Islamic Business) accredited by any professional accounting bodies?

Yes, the course is accredited by the CPA, CA ANZ and ACCA. Students will study a core of units covering specialisation for CPA/CA professional requirements. Additionally, students who take Islamic Business will study units that enable them to apply for registration as a Certified Islamic Public Accountant (CIPA), meaning the program allows a student the potential to register for both CPA/CA and CIPA.

How long does the Bachelor of Business (Islamic Business) take to complete?

The Bachelor of Business (Islamic Business) is a three-year full-time degree with a CRICOS duration of 156 weeks. The degree is comprised of 24 units studied over 6 trimesters, with 4 units per trimester session. Each trimester comprises 13 weeks of face-to-face classes and one-week end of session exam period, contained within a 14-week block. While there will be three trimesters per year, the third or summer trimester will be optional.

What are the English language requirements for international students applying to this course?

International students must demonstrate an overall valid academic IELTS score of 6.0, with no less than 6.0 in each band. Alternatively, they may provide evidence of an English proficiency of upper intermediate level or above from an approved ELICOS provider, successful completion of at least an Australian Certificate IV qualification within the last 2 years, or have successfully passed NAPS's English Placement Test. Any IELTS score used must have been attained within two years of the date of application for admission.

What are the tuition fees for the Bachelor of Business (Islamic Business)?

The tuition fee for the Bachelor of Business (Islamic Business) is AU$9,000 per trimester. Payment can be made by telegraphic transfer, cash, cheque or direct deposit into the Academy bank account. The Academy has also partnered with Flywire for an easy and secure method of sending bank account transfers (EFT & international payments).

What career opportunities are available after completing this degree?

Graduates of the Bachelor of Business (Islamic Business) can pursue careers as a Business Analyst, Risk Manager, Human Resources/Recruiter, Corporate Accountant, Business Researcher, Budget Analyst, Auditor, Business Consultant, Entrepreneur (including Small Business and Social Entrepreneur), and Sustainability Analyst. The degree also uniquely equips graduates to develop careers in business and accounting in both the private and public sectors in Western markets as well as the rapidly expanding Islamic finance markets in Southeast Asia, the Middle East and the Gulf Regions.

Application

How to Apply

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Step 01

Enquire

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Step 02

Submit Documents

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Step 03

Get Enrolled

Receive your offer letter and confirm your enrolment. Welcome to the course!

Processing time: Offer letter issued within approximately 1 business days.

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Bachelor of Business (Islamic Business)

About This Course

Entry Requirements

Where this takes you

Units of Competency

Frequently Asked Questions

How to Apply

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