Information on this page is for Australian residents

Next intake: 
23 July 2018
Duration: 
5 years full time or longer for part time
Delivery mode: 
Block
Face to Face
Online
Workplace

Applications for next intake due 15 July 2018

Overview

Study the powerhouse combination of law and commerce with the Bachelor of Commerce (Applied Finance) / Bachelor of Laws, for a commercially rewarding career.

Your studies will incorporate law and business fundamentals, with specialised units in applied finance. You’ll develop a high-level understanding of the connections between law and commerce. This will help you towards a senior role in business, or as a practising lawyer in the finance sector.

We make sure you have the hands-on industry practice needed to be job-ready when you graduate. You’ll also know how to critically examine financial markets and legal practices in Australia. Combined, these put you in an excellent position for roles in the public and private sectors.

 

When you graduate, you’ll have met the academic requirements for admission as an Australian lawyer, as well as gaining recognition from the CFA Institute. This double degree has also been accepted into the CFA Institute University Recognition Program.

This means that our program incorporates at least 70% of the CFA Program Candidate Body of Knowledge (CBOK) – which positions you well to sit for the CFA exams and become a Charterholder.

The top employers of CFA Charterholders globally are UBS, JP Morgan, Citigroup, Morgan Stanley, and BlackRock (eFinancialCareers).

Victoria University provides work experience opportunities in the business and legal communities.

We have well-established industry connections in the finance sector. These give you real-world experience and a head start in finding work.

You’ll also gain authentic experiences within the justice system and related organisations.

Through this practical experience, you’ll graduate job-ready for a range of roles in commerce or law.

We offer valuable opportunities to network and learn through industry partnerships and international collaborations with exchange partners.

Our partnerships with Magistrates’ Courts and community legal services let you apply your legal knowledge while you study. Some of our major clients, partners and industry associations:

  • Australian Centre for Financial Studies
  • Department of Justice, Victoria
  • Migration Institute of Australia
  • FCG Legal
  • Rob Stary Lawyers
  • Law Institute of Victoria
  • Magistrates’ Courts of Victoria
  • SAP
  • Linfox.

Our lecturers and research staff are experts in their fields. We provide additional guidance from adjunct professors – honorary staff who hold positions in the legal and financial communities.

VU’s adjunct professors include:

  • Alan Kohler, financial journalist
  • Hon. Dr Craig Emerson, former politician
  • Ian James, Managing Director of Mushroom Music
  • Hon. Michael Kirby, retired High Court Judge
  • Nicola Roxon, Former Attorney-General.

Need some advice?

Request a call back from one of our experienced VUHQ course advisers to get your questions answered.

Request a call back

Already a VU student?

To transfer into this course from another apply online at our Admissions centre.

Remember it’s best to be accepted into your new course before withdrawing from your current one.

Careers in law and finance

Graduates find employment in a wide range of jobs in various professional settings, including private corporations, professional service firms, the public service and community sector.

The following are possible job titles:

  • lawyer
  • banker
  • equity market analyst
  • financial adviser
  • financial analyst
  • financial services management (investment fund managers and trustees)
  • insurance consultant/superannuation
  • investment analyst
  • portfolio manager
  • research analyst
  • stockbroker
  • strategic planning and project evaluation analyst (takeovers, mergers, acquisitions and divestitures).

Salaries

The Australian national site, Job Outlook, has these averaged salaries:

Course structure

To attain the awards of Bachelor of Commerce (Applied Finance) and Bachelor of Laws students will be required to complete in total 480 credit points consisting of:

  • 96 credit points First Year Core units
  • 72 credit points Core units
  • 120 credit points Commerce (Applied Finance) Professional Core units
  • 180 credit points Law Professional Core units
  • 12 credit points of Law Elective units from the approved list

To be awarded a Bachelor of Laws with Honours:
Students who enrolled in the Bachelor of Laws prior to 31 Dec 2014 may be awarded a Bachelor of Laws with Honours (Class H1, H2A, H2B or H3). The class of honours will be determined by their GPA score in BLB4142/LLW5901. This GPA score will be calculated by the College of Law and Justice.

To be awarded a Bachelor of Laws (Honours) (For students enrolled post 1 January 2015):
Students in any Bachelor of Laws course may apply to transfer into any Bachelor of Laws (Honours) once they have completed a minimum 192 credit points (equivalent to 16 units) and have attained an average mark of Distinction or above i.e. 70–100% in those units.

First Year Core Units

Year 2, Semester 1

Year 2, Semester 2

Year 3, Semester 1

Year 3, Semester 2

Year 4, Semester 1

Year 4, Semester 2

Year 5, Semester 1

Year 5, Semester 2

12 credit points (1 unit) from Law Elective list

Law Elective Units

Students complete 36 Credit Points (3 units) from the following list of electives:

Honours for students enrolled 2015 and thereafter

We've changed the way we teach our courses, so that you experience a first year like no other - focused on you and your success.

From 2018, the first-year of this bachelor degree* will see units delivered one at a time, in four-week blocks. This means you won't have to juggle the deadlines and demands of studying multiple units at once. Instead you'll complete one unit before moving on to the next.

All units will be conducted in small class sizes with three face-to-face sessions per week. This means you will get more one-on-one time with your teachers.

You will have access to different learning and teaching methods including:

  • online
  • educator-led delivery
  • tutorials
  • group work
  • laboratory and practical work (where it applies).

You will have access to additional activities designed to extend and improve your skills. These activities foster the skills you need to be an adaptable, resilient, confident and competent learner and employee.

Find out more about our First Year Model.

* Melbourne-based campuses only

On successful completion of this course, students will be able to:

  1. Integrate conceptual understandings of the finance, quantitative methods, economics, accounting, and investment areas with advanced specialist financial knowledge within the finance discipline and the Australian legal system, fundamental areas of legal knowledge and relevant advanced specialist bodies of knowledge within the discipline of law;  
  2. Critically review, analyse, adapt and apply broad and coherent theoretical and technical knowledge of finance and law and underlying principles and concepts in diverse contemporary local and international and comparative contexts,  
  3. Identify, articulate and respond to legal issues by critically analysing and applying information with initiative and judgement in order to both anticipate and creatively solve financial and legal problems and promote justice in authentic/contemporary professional, community and global settings;  
  4. Exhibit professional accountabilities and ethical judgement, by evaluating, synthesising and adapting knowledge, skills legal reasoning and research to make appropriate responses to legal issues and effective decisions that reflect the social, political and contextual factors;  
  5. Communicate a clear, coherent and independent exposition of knowledge and skills appropriate for financial, legal and other audiences, in both oral and written form;  
  6. Reflect on personal learning and skills in relation to career goals and implement effective, creative strategies to promote lifelong learning and pathways to further learning including a commitment to ongoing professional development;  
  7. Apply personal and interpersonal competencies including organisational and collaborative skills necessary to operate within broad parameters in the immensely divergent and complex global and Australian cultures; and  
  8. Contribute effectively, with personal accountability for outcomes in a dynamic 21st century work team, working in an ethical and socially responsible manner.  

What's a unit?

A unit or 'subject' is the actual class you'll attend in the process of completing a course.

Most courses have a mixture of compulsory 'core' units that you need to take, and optional \'elective\' units that you can choose to take based on your area of interest, expertise or experience.

Credits

Each unit is worth a set amount of study credits based on the amount of time you study. Generally, 1 credit is equal to 1 hour of study per week.

Fees & scholarships

Fee type: Commonwealth Supported Place (CSP)

The amount you pay for your course depends on whether you’re a Commonwealth supported student or full-fee paying.

If you enrol in a:

To calculate the total cost of your course:

  1. Select which units you’d like to study.
  2. Look up the individual unit costs in the higher education unit of study fees list.
  3. Add up the relevant amounts.

Scholarships & assistance

Apply for a scholarship to help with your study costs.

We can help with fee assistance and advice.

Admission & pathways

Meeting the minimum admission requirements does not guarantee you entry into this course.

Some courses receive more applications than the number of places available. In this situation we will also assess your education, work and other relevant experience.

If you do not meet the minimum requirements you may be eligible for one of our special admission programs. We also encourage you to explore our study pathways to help you reach your goal.

  • TAFE: Applicants with a diploma in the field of business or finance (minimum 80% of GPA score or equivalent) will have advanced standing equivalent to three specified units of study (36 credit points). Applicants may be required to participate in an interview as part of the selection process.
  • Year 12: Units 3 and 4: a study score of at least 30 in English (EAL) or at least 25 in English other than EAL.
  • Mature: Academic record including GPA (see institutional page). A minimum of 5 years relevant professional work experience may be considered in the absence of an academic record. Applicants may be required to participate in an interview as part of the selection process.

There are many ways you can start your education journey at VU. Pathways offer an easy transition between courses at different levels, so that you can start with a certificate and progress right through to postgraduate study.

Find out more about pathways and credits.

If you have completed study with another university or institution and believe you are eligible to receive credit for skills and past study, you can apply for advanced standing.

Applications for advanced standing can be made after a discussion with your course coordinator or academic adviser.

How to apply

Before you apply

Before applying, you should consider whether you also want to apply for:

  • Special admission programs: Depending on your life circumstances you may be eligible for special consideration of your application.
  • Advanced standing: If you have significant experience or studies elsewhere you may be eligible for credit for some units of your course and not have to undertake them.

Apply direct to VU

Apply direct to VU using our admission centre submit applications for one or more courses, track and save your progress and upload additional information.

Direct applications are due on 15 July 2018 for our next intake which starts on 23 July 2018.

Apply direct to VU

After you apply

  • It’s important to check for emails from us (remember to check your Spam folder).
  • Complete any requests for information by the given dates, otherwise your application may not be considered

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At Victoria University, we aim to display accurate and complete course information online. However, we are unable to guarantee that every course change is currently displayed. You may contact the University directly on +61 3 9919 6100 to confirm the most up-to-date course fees, pathways and credit transfer, recognition of prior learning, admission and enrolment procedures, examinations and services available to our students.