Business - FAQs
Why should I study business?
- First, a business degree program will teach you critical thinking and problem solving skills. Your mind will be sharpened and quickened to deal with tough situations.
- Business degree programs teach communication skills. No business can operate with one person alone and no business can succeed if it doesn't have clients and consumers. So people skills, negotiation skills and even hospitality skills are essential for the smooth operation of modern business.
- Business degree programs encourage the development of creativity. What better way for students to succeed in the global marketplace than to create a truly novel product, idea, or model?
What are the types of business degree?
The term ‘business degree’ is typically understood to include a fairly wide group of courses, some highly specialised and others more broad. You can categorise types of business degrees by level (i.e. undergraduate, graduate, professional), and also by subject focus. Some of the areas of study likely to be covered by different business degrees include: accounting, finance, marketing, economics, management and law to name a few.
What are the careers you can have in business?
Business graduates go on to work in many different sectors and not all of them are those you would typically associate with business in general. More obvious careers with a business degree include roles in accounting and finance departments. Other sectors with high demand for business graduates include marketing and advertising, retail, sales, human resources and business consultancy. You could also use your business degree to pursue roles within SMEs (small- to medium-sized enterprises), innovative new start-ups, charities, non-profit organisations and NGOs (non-government organisations). If you have a bright idea and the knowledge to back it up, you may even consider launching your own business. Check out the Find out more page for details of business areas and roles.
What salary can I expect from a business degree?
While you shouldn’t expect a huge salary as soon as you graduate, the skills and knowledge gained from a business degree should enhance your career progress making it easier to climb into management-level positions with higher salaries. The business degree itself does not automatically mean a high salary. You’ll still need to prove yourself, and be ready to work hard if you want to reach your career and salary goals – and be prepared for plenty of competition. Check out the Business profession snapshot - facts and figures section on the Getting started page for details of salaries and job numbers for a range of business areas and roles.
What ATAR score is required for business courses?
ATAR scores are a sign of the popularity of a course rather than the difficulty level, job opportunities that result or quality of the institution that provides them. The more people who apply for a course, the higher the ATAR score may become.
ATAR scores can change each year. The ATAR required to get into a course will vary according to the number of people applying and the quality of those students in terms of their personal ATAR.
The best way to get an idea of the ATAR scores of business courses is to see what the different universities required for their courses last year. Visit our LEAP Program Partners page to find links to the LEAP partner universities in Victoria. Each link takes you to a page that outlines how to search that university's courses. Alternatively you can search for courses and ATARs using the VTAC website.
What skills should I build to prepare for study and a business career?
There are no back-to-back classes all day from Monday to Friday which means a lot more free time for other fun stuff! But this also means that you'll be expected to use all that free time to do some independent study. Your uni teachers will not know you by name unless you introduce yourself and they will definitely not be chasing you to do your work or hand in your assignments. It's all up to you.
What you can do right now to prepare for this change is to practice independent learning, relying less on your school teachers to find out answers to problems - there are plenty of books and the Internet which can help! Practising to study this way and become more independent will also give you a great foundation for skills you'll be relying on in your business profession. Business professionals need to be flexible and proactive in the way they tackle work problems so the earlier you start developing these skills the easier your task will be later on in your study and career! For more hints and tips, go to the Building skills page.
How important could an industry placement be?
The job market, especially in the business field, is competitive. You can't rely just on having a degree, even with good grades, when looking for jobs. To be ahead of the rest you must have done something which will separate you from all the other uni graduates. One great way to do this is to participate in an industry placement program, preferably related to the field you are aiming to work in. Employers always look for previous experience when hiring new staff, so a placement at a reputable organisation could be your winning advantage.
What is the difference between a Bachelor of Accounting and a Bachelor of Commerce?
A Bachelor of Commerce requires you to complete a range of core units from different specialisations, before you have to choose a major (such as Accounting). A Bachelor of Accounting will focus specifically on accounting from the start without offering a choice in majors.
University study - FAQs
Is it worth attending university Open Days?
Yes, they are well worth attending because you can find out all about a university you're interested in attending and get advice that can help you make the right choices for your future. They can be great fun as well! Check out our Open Day hints and tips.
How long will I have to study at university?
It depends which course you choose. Study durations for different professions and career roles can vary. As a general rule, a Bachelor degree is awarded after three years of full-time study. Some degrees incorporate a fourth year, or an Honours year if you intend to pursue certain professions.
In some professions, full professional accreditation or practise certification requires you to complete further study, such as a Postgraduate course, a Masters degree. In some cases a Doctor of Philosophy (PhD) can be advantageous. But you don't need to aim that high at first - a Bachelor degree will give you opportunities to get going in many professions, then you can build your qualifications up over time while working your way up in your chosen profession.
Some courses also offer internships or paid industry placements, so you will be getting the hands-on experience many employers are looking for at the same time as you are studying.
If you chose to study a double degree (two degrees at once) this will take longer but not as long as studying two separate degrees one after the other.
Check out the course guides for your preferred courses/ universities for more detail. For links to all of our partner universities' LEAP Landing pages and their course listings, go to our LEAP program partners page. Then chat to your school's Careers Coordinator.
What does it cost to study at university?
The cost varies between institutions and courses. Depending on whether you are offered a Commonwealth supported or a fee paying place, you will need to contribute financially to the cost of your study but the amount and timing will vary. As of 2017, the cost of a science degree is the same regardless of University and ATAR. Most courses are Commonwealth supported, meaning the Australian Government subsidises your study quite substantially. The rest is paid for with a HECS-HELP loan, that you will not need to start paying back until you are working and earning a considerable wage.A detailed explanation of available options can be found at the QILT website on the For Students page. Further information about help with fees is available on the Study Assist website.
What does 'full-time' study involve? Is the uni study year the same as school?
The standard full-time study year comprises two semesters each of around 12 weeks of teaching, one week for study break, and an exam period or final assignment submissions over the following four weeks (approx 34 weeks in total). The study year generally runs from early March to late June then late July to mid-November.
Some courses at some universities may be structured differently or flexibly. For example, Deakin University runs three trimesters each year. A third semester or internship during the summer or semester breaks may be available to reduce the total period for completion of the course if you want to fast-track it.
You need to check specific dates and course structure options at each university you're considering when researching your preferred courses. For links to all of our partner universities' LEAP Landing pages and their course listings, go to our LEAP program partners page.
Do I have to study for three years continuously?
Flexibility of study is a feature of most university courses, allowing you to study part-time or defer (take a break from) your studies, if for example you need to work to support yourself or want to take a gap year. Provided you meet any satisfactory progress rules, you may be able to study fewer subjects in some semesters, or even apply to defer study for a semester or a year, to get relevant experience through work or travel. It is important to check with the university and course you wish to study, so you know the options available.
How does learning at uni take place? What expectations are there?
Learning at uni can be in many different forms. There are lectures and tutorials (tutes) but you might also attend labs, seminars, practical classes or even online classes. Attendance is not compulsory for most classes but it is for some. It is up to you to do your individual study away from classes and hand in your work on time. Lecturers and tutors will not be reminding you every minute to do your readings or hand in your assignments. Learning at uni is really all about the effort you put in – and that will be reflected in your marks.
If lectures can be viewed online, do I have to attend lectures in person?
While it is true nowadays most lectures at uni are recorded and available online, there are real benefits from actually attending. These include experiencing the university atmosphere, the ability to meet your lecturers and fellow students as well as the chance to ask questions and seek clarification in class. This is a great way to practise some of your essential skills like communication, networking and good listening. Friends made during regular lecture attendance often become study buddies or form into study groups.
LEAP - FAQs
Who should use the website?
The LEAP website is mainly for students in years 7 to 12, in Victorian schools. Pages for parents and teachers have relevant information about the LEAP program, and tips about getting the most out of the website for students.
Who can attend LEAP events?
LEAP activities are targeted towards school groups and students from LEAP priority schools.
Applications from non-LEAP priority schools or students will be considered subject to available spaces and/or resources. LEAP priority schools are listed in the "Schools" dropdown in the online Application Form.
What is the cost of participation in LEAP events?
Participation in LEAP events is free for students from LEAP priority schools.
Is there travel support for students in need, so they don’t miss out on participating?
Support for the cost of travel may be available for students from LEAP priority schools where this cost is a barrier to participation. See travel support.
Did my online application for a LEAP activity or event submit successfully?
After submitting your application, you should have seen a "Thank you" page, advising you that an automated email confirmation would be sent to your email address. If you didn't see the "Thank you" page and haven't received a confirmation email including the details of your application, you should contact us as you may need to resubmit your application.
How can I keep up to date with what is happening in the LEAP Program?
Subscribe now for LEAP eNews and updates.
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