Accreditation
The Bachelor of Commerce, together with other specified membership requirements is recognised by a range of professional associations. Australian professional bodies have links with equivalent bodies throughout the world.
Accounting
- CPA Australia
- Institute of Chartered Accountants in Australia
- National Institute of Accountants
- Institute of Chartered Secretaries and Administrators - Students that complete the Bachelor of Commerce degree, with accounting and business law sequences, may apply for exemption from eight of the 13 subjects of the Institute's examinations.
Actuarial Studies
- Institute of Actuaries of Australia - the Bachelor of Commerce course allows students with strong mathematical backgrounds to undertake studies for the actuarial profession in their degree. Exemption from each subject in Part I and Part II of the professional examinations of the Institute of Actuaries of Australia may be achieved by students who perform at an appropriately high standard in designated undergraduate and honours subjects.
Finance
- In 2009, the University of Melbourne has become a CFA Program Partner of CFA Institute, the global association for investment professionals that awards the prestigious CFA® designation.
The partnership means that the finance major in the Bachelor of Commerce covers 70 percent of the Level I CBOK topics including the CFA Institute ethical and professional standards. Recognition as a CFA Program Partner signals to potential students, employers, and the marketplace that the university curriculum is closely tied to professional practice and is well suited to preparing students to sit for the CFA exams.
As part of the partnership, students in the partnering programs are entitled for scholarships, access to CFA Institute curriculums, journals, webcasts, and other educational resources, and each student will have access to a specially prepared online Level I sample exam.
- The Finance and Treasury Association gives recognition to finance subjects in the Bachelor of Commerce as part of their membership and accreditation requirements.
- The subject Introductory Personal Finance appears on the Australian Securities and Investments Commission (ASIC) Training Register.