Business and Economics




The Business and Economics discipline is one of the most popular program choices for international students coming to Australia.

The main difference between the two areas is that Economics investigates the science of an economy, production distribution and the supply and demand of goods, whilst Business primarily deals with the management aspects of the economy. Specialisations include:

  • Accounting;
  • Administration;
  • Advertising;
  • Agribusiness;
  • Arts Management;
  • Banking and Finance;
  • Development Economics;
  • Ecological and Environmental Economics;
  • Electronic Commerce/Business;
  • Event/Leisure Management;
  • Commerce;
  • Health Economics;
  • Hospitality and Tourism;
  • Human Resource Management;
  • Information Systems;
  • International Management/Business;
  • Logistics;
  • Marketing/Public Relations;
  • Micro and Macro Economics;
  • Organisational Behaviour;
  • Procurement;
  • Property Studies;
  • Professional Economics;
  • Public Policy;
  • Real Estate and Development;
  • Social Planning and Development;
  • Taxation.


Professional Associations


Many business programs include internships, practical assignments and placements that provide students with practical experience. For example, many Certificates are traineeship based and combine workplace experience and theory.

Some vocational and university programs also require placements in the workforce. For example, a student completing a program in Hotel Management may be required to complete a 10 week internship on which they are assessed in an international hotel.

Other programs require students to complete assignments based on working in businesses, such as designing and publishing a brochure for an event.

On graduation from a Business or Economic program students may be eligible for membership to an international professional association below. Full membership to some of these associations requires a person to complete further study. For example a Bachelor of Commerce graduate may complete further courses to become a CPA or Chartered Accountant. By becoming a fully accredited accountant, they will increase their earning capacity.

Actuarial Studies
Banking and Finance
  • Financial Services Institute of Australasia (FINSIA)
  • Financial Executives International of Australia (FEI)
  • Association for Financial Professionals (AFP)
Business and Management
  • Business Council of Australia (BCA)
  • Institute of Management Consultants (IMC) – Australia
  • International Association of Business Communicators (IABC)
  • Australian Chamber of Commerce and Industry (ACCI)
  • International Chamber of Commerce (ICC)
  • International Economics and Finance Society (IEFS)
  • Economics Society of Australia (ECOSOC)
  • Australian Hotels Association (AHA)
  • Australian Institute of Travel and Tourism (AITT)
  • Ecotourism Australia
  • World Tourism Organisation (WTO)
  • World Travel and Tourism Council (WTTC)
Marketing and Public Relations


Career Opportunities


Actuarial Studies;
International Economist;
Risk Management;
Financial Modelling/Administration and Planning;
Bar Attendant;
Beauty Therapist;
General Manager;
General Clerk;
Hotel Manager;
Administration Clerk;
Management Consultant;
Quality Assurance Manager;
Production Manager;
Real Estate Agent;
Marketing Manager;
Sales Assistant;
Specialist Manager;
Travel Agent;
Human Resource Manager;
Marketing, Public Relations and Advertising Professional;
Communication Manager and Speech Writer;
Business Owner;
Project Manager;
Restaurant and Catering Manager;
Tourism Operator.

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