BCOM MAJORS

All students must choose at least one major for their BCom degree. There are fourthteen major subject areas a student can choose from:

When you study Accounting, you are learning the language of business, while preparing for an interesting and challenging career.

Learn to analyse figures to guide and support business decision-making. Find out how to go beyond keeping records of transactions, to where accountants really add value—financial forecasting.

Over the three years of your degree, you’ll develop the ability to think and research independently. You’ll graduate able to identify and research accounting issues, such as obtaining financing, listing on the sharemarket and preparing profit reports.

To study Accounting you need to be comfortable with words as well as numbers. You’ll be learning to communicate clear, professional advice.

At Victoria you’ll be studying at one of very few business schools outside the USA to hold accreditation for both Business and Accounting from the Association to Advance Collegiate Schools of Business (AACSB).

If you’re interested in business and think you’d enjoy delving into data to discover financial facts, then studying Accounting is right for you.

We live in a world in which we are increasingly conscious of risk, whether from natural hazards such as earthquakes and storms, personal factors relating to health, disease and lifestyle, or uncertainty in financial markets, investments and asset management. Therefore, the need to analyse, forecast and manage risk is ever more important.

Actuarial Science concerns the models and methods for undertaking this analysis, which come primarily from economics and finance, mathematics and statistics. The profession is increasingly involved in understanding and evaluating risks associated with global climate change and social inequity.

Study at the only university in New Zealand to offer a programme in Actuarial Science. You’ll get the knowledge and skills you need to set you on the path to become a qualified actuary. Take advantage of Victoria’s industry connections through work experience placements.

Your career opportunities as an actuary are increasingly varied. While actuaries have traditionally worked in superannuation, insurance and banking, there is a growing demand for actuarial skills in many other areas including investment and stockbroking, software development and in government, education and health. Actuarial work is generally very well paid.

If you love maths and like the idea of finding solutions to problems for the benefit of society, then Actuarial Science is a good option for you.

Commercial Law covers all aspects of a business’s operations—from employing staff, to leasing premises and selling products. It includes the laws that protect a business, such as intellectual property law.

Learn to research and interpret commercial laws. At Victoria you’ll gain a solid grounding in laws around contracts, companies and partnerships, competition, labour and marketing. Later in your study you’ll focus on specific areas that interest you—perhaps international law or laws relevant to e-commerce.

If you’re interested in business and want to be able to cast an expert eye over business activities, Commercial Law might be right for you.

Big data and the Internet of Things have changed the way society works—we send and receive data constantly, and now we need people who can manage and find hidden insights within it.

Develop technical skills in computing technologies, statistics, and mathematics and work with real data sets to develop a practical understanding of the social dimensions of data.

You’ll assess the ethics of data collection and use, question privacy and security issues, learn about the importance of communicating effectively with data and gain an overall understanding of the consequences of the data revolution.

Study Data Science alongside another subject to extract and provide meaningful insights that are crucial to the survival of businesses and institutions in any field, including biology, chemistry, geography, linguistics, media studies, actuarial science, and economics.

Economics and finance touch on all our lives in many ways. The house you live in, the things you buy and the prices you pay, the job you have—even the people you’re friends with—are all affected by economic factors, and have an economic impact. You’ll study this relationship and why people, businesses and governments make the choices they do.

Explore real-world problems that have real consequences. Why is petrol the price it is? Why is teen unemployment so high? Poverty, inflation, pollution, crime, taxes, investment and many other issues are critically examined and discussed. Study why people choose to do the things they do, and how better decisions could be made.

Economics focuses on scarcity—something that can apply to almost any situation. Consider a student deciding which university to go to, a business contemplating expansion, a government negotiating a free trade deal—all of these involve decisions about limited resources and how to get the most value out of them.

Learn about how decisions are made to produce and distribute goods and services. You’ll use models to simplify and explain the real world and make predictions about it, and discover tools that people use to make and judge economic decisions.

Economics is about far more than just money and maths. You’ll gain powerful and flexible ways of thinking that you can apply to a whole range of problems. Economics can take you into many areas including business and finance, health, education, trade and aid—any field that deals with limited resources and how to get the most out of them.

While commonly studied alongside Finance or Accounting, Economics is an excellent complement to other disciplines like Law and social sciences.

Economics and finance touch on all our lives in many ways.

Study how people and companies spend money and manage risk, find out how markets work and behave and learn to apply your knowledge.

Understanding financial markets—whether trading in shares, currencies, bonds, electricity or commodities—is essential to understanding a modern economy. Focus on four main areas of finance—financial contracts, financial institutions, financial decision-making by firms and investment portfolio choices.

At Victoria, Finance is closely aligned with Economics and many students choose to study these subjects together. This will help you understand why people do the things they do, including the incentives that lead them to invest.

Your Finance degree might lead to a job as an investment banker, a trader or any job helping firms raise money. Finance at Victoria is a total package designed to prepare you for many workplaces, from small businesses to big corporations to public sector institutions where financial policy is made, such as the Treasury.

Finance can be a fast moving, high adrenaline world. If you’re outgoing and inquisitive, competent at maths and interested in business then studying Finance is a good option for you.

Study Human Resource Management (HRM) and Industrial Relations (IR) and gain the knowledge and skills to create more effective workplace practices. Develop an understanding of how good human resource management can make a difference in people’s working lives.

Study how people are managed into, through and out of organisations. You might focus on areas like recruitment and selection, training and development, and pay and remuneration.

Study Industrial Relations and learn how employment relationships are regulated. You’ll gain an insight into employment issues within New Zealand and internationally, and look at the interaction between the Government, trade unions and employers and their organisations.

Discover the differences between HRM and IR and look at contemporary issues or ‘themes’ like: the living wage, pay equity, and why and how people strike. You’ll build your critical thinking skills and develop an understanding of what’s happening in relevant areas of policy, practice and law.

You’ll also have a good sense of the practical application of what you learn through guest lectures and opportunities to go out and connect with local businesses.

In your third year of your degree you’ll get the opportunity to study from the widest range of HRM specialist courses on offer at a New Zealand university. These courses focus on the ‘functional’ areas that human resource practitioners work in—such as training and development, international human resource management, and recruitment and selection.

Graduate with an appreciation of the challenges that organisations face in managing their workforce and understand the policy and legislation around employment.

If you’re interested in the management of people within organisations and the regulations that govern employment relationships, then study Human Resource Management and Industrial Relations.

Learn to transform businesses and organisations using IT. Every day, huge amounts of information, data and records are created—find out how to use information systems to manage IT.

At Victoria, you’ll discover how to research and analyse business problems, find the right technology to provide a solution and then put that solution in place.

Information Systems is about more than just software and hardware. It’s about innovation. Learn to research and analyse the way a business operates—and then work out how information technology can help it be more efficient, reach its goals and discover new opportunities.

If you like solving problems and get excited by the potential of IT, then Information Systems is the right choice for you—you won’t need any maths or programming experience to get started.

Changing technology and globalisation means it is important to understand how international business works. Success in international business depends on understanding the ways different cultures view the world, form business relationships, negotiate contracts and determine trade policy.

All businesses operate in the global marketplace. The companies they compete with, buy from or supply to may be based anywhere in the world.

Study trade policy, importing and exporting, as well as areas like foreign investment, the strategies of multinational corporations, international operations management and cross-cultural management.

Learn how to negotiate and problem solve. Learn to think logically and analytically, and to understand research design and data collection. Grow your business knowledge while learning how to be an effective member of a multicultural team.

If you understand that businesses operate on the global stage and want to be part of the competitive world of international business, then this is the right degree for you.

Management is all about organising the right resources to help a business achieve its goals. These could be employees or financial and physical resources.

A good manager understands people. They communicate and lead, and can organise the right resources—human, physical, financial and intellectual—to get things done. They’re forward-looking and strategic, using their analytical skills to make hard decisions in complex situations.

Study human behaviour and learn to use conceptual models to make decisions in complex or uncertain situations. Find out about strategic thinking in organisations and gain the skills to analyse situations and make strategic decisions.

If you see yourself as a leader and want to develop your decision-making and analytical skills, study Management.

Marketing is about much more than just selling a product. It’s about understanding customers’ wants and needs, and the planning and process behind an exchange of goods, services or ideas with them. It’s about identifying a need and filling it in a way that benefits everyone.

Master the skills to tell stories that connect and engage people. Gain a solid grounding in all areas of business and learn about marketing and its role in the commercial and public sectors, as well as not-for-profit organisations.

You’ll study consumer behaviour, gaining an understanding of how people make decisions about what they do or don’t buy. Become an expert in marketing plans—how they’re created and used. Learn to think strategically and to create compelling stories that motivate consumers.

If you like working with people, using your creativity and making plans, then Marketing is a good choice for you.

Whether they’re about climate change, child poverty, cyberbullying, student loans or liquor licensing, the decisions made by government affect our lives every day.

Public policy is the set of decisions that shape how a country is run. Look at how governments make these decisions, how the public sector works, the political side of policy-making and how policies can be improved.

Get the analytical skills to understand issues, use your creativity to propose solutions and learn how to make the case for the solutions you identify. Use Victoria’s links with the public sector to connect with government agencies and gain real-world experience.

Tax can be a big cost, and no business wants to pay more than it has to. Taxation laws change often and vary greatly between countries. Businesses hire taxation specialists to give them up-to-date advice on how different types of tax apply to them.

Get a thorough grounding in the New Zealand tax system and international tax law. Explore GST regimes, double tax treaties, tax policy development and tax administration practices. Take advantage of Victoria’s connections with institutions that deal with tax like the Treasury, Inland Revenue and the courts to broaden your understanding of local and international taxation with real-world up-to-date information.

If you’re interested in business and like working with numbers and analysing complex problems, then Taxation is a good option for you.

The tourism industry offers a world of opportunities. Studying Tourism Management from Victoria will help you on your journey towards a senior role in this exciting, diverse and growing industry.

Every year, billions of people travel worldwide for work, study or to holiday. The tourism industry makes this possible—providing transport, entertainment and places to eat and sleep.

At Victoria you’ll study how the industry works and the way it’s developing. Learn about the way people travel while considering the impact tourism has on economies, the environment and the locals.

Enjoy a rich learning environment that includes field trips, research activities and work experience.

Victoria’s Tourism Management programme has been awarded Tourism Education Quality (TedQual) certification by the United Nations World Tourism Organisation. This means you can be sure you’re receiving quality tourism education and getting the skills you need to work in the industry.

New Zealand is a hot destination for international travellers, and the industry needs skilled people to help keep it that way. There are many different career options in tourism management—from working in ecotourism to event management to starting your own innovative tourist operation.

Note that all majors can be completed on the 1.5+1.5 pathway except Actuarial Science, Information Systems and Tourism Management. These majors require two (2) years of study in Wellington.

Double Majors

A major usually takes up less than half of the degree, so a student may choose to do a double major and focus on two different subjects. This doesn’t increase the workload or make the degree take longer as a student will still complete 360 points worth of courses.