of the structure of organization and depending upon their own abilities, proceed to the upper levels of managerial responsibility.
A grounding in the theory and practice of management, human relations, and the use of quantitative analysis is the basis of this course. In the final year of the course, attention will be directed to a detailed study of the fundamental areas of business through the study of Marketing, Production, Industrial Relations, Finance, and advanced methods of Economic Analysis. When properly develop- ed, these basic skills of management will serve as the cornerstone of achievement in the ranks of professional managers.
The Advanced Commercial Certificate Course requires two years of full-time study (or 4 years part-time) followed by a further two years part-time study. The Course is designed specifically to meet the needs of advancing technology at the senior clerical and supervisory levels. This Course will prepare the advanced student to compete successfully for professional status at this level.
A Certificate in Business Studies will be issued to students who complete the two years full-time (or 4 years part-time) study for the Advanced Commercial Certificate. This certificate, covering the essentials of business practice, is a basic qualification for business and government it also serves as an introductory course for the specialist courses in the Continuing Education Programme.
On the post-graduate level, a Diploma in Business Administra- tion is offered to graduates and diplomates who wish to comple- ment their present professional qualification with the skills of management. A part-time course, the Diploma in Business Admin- istration, offers the opportunity for person qualified in other disci- plines to add a capability in advanced management and administra- tion to their professional qualifications.
The Department of Business Studies seeks to give the practical
managers, who train at the Institute of Technology, an awareness
of the social, economic, and industrial environment in which they
will function; and endeavours to equip them with that knowledge
of human behaviour, organisation and management, and analytical
decision-making skills, which will enable them to attain their
highest potential as managers, accountants and administrators.
90 QUEENSLAND INSTITUTE OF TECHNOLOGY DEPARTMENT OF BUSINESS STUDIES
Business Studies Committee Chairman Mr C. N. Barton, OBE, ED, BE,
MIE(Aust), FAIM
Dr S. S. Webb, DFC, BA, MBA, PhD( Ohio State), FAIM, Acad of Mgmt
Mr W. M. G. Hoskins, BCom, AAUQ, FASA, ACIS, AFAIM, MACE
Mr N. Savage, BE, MIE(Aust), FAIM
Mr R. S. Colquhoun, CBE, FAIM, MinstD
Mr S. G. Stormonth, BCom, FASA, ACIS, FAIM
Mr M. N. Rayner, BCom, AAUQ, AEd
Mr J. R. T. Carkeek, BCom, DipEd, AASA
Commissioner of Main Roads, Main Roads Department
Members
Head, Department of Business Studies, Queensland Institute of Technology, Brisbane
Senior Lecturer, Department of Business Studies, Queensland Institute of Tech- nology, Brisbane
Business Consultant and Director of several Companies
Director of several Companies
(Chairman of Accountancy Sub-Committee) Public Accountant, Mines Administration Pty Ltd
Officer-in-Charge, Business Studies, Queens- land Institute of Technology, Darling Downs
Officer-in-Charge, Business Studies, Queens- land Institute of Technology, Capricornia Staff
Head of Department
Dr S.S. Webb, DFC, BA, MBA, PhD( Ohio State), FAIM, Acad. of Mgmt Senior hecturers
W. M. G. Hoskins, BCom, AAUQ, FASA, ACIS, AFAIM, MACE
T. F. Hackett, BA, BCom, BEd(Melb), ARMIT(M'ment), AASA, AFAIM, MACE Lecturer
J. H. Porter, BCom
DIPLOMA IN BUSINESS ADMINISTRATION Three (3) years part-time evening course.
This course is designed to assist graduates and diplomates to prepare for ad- ministrative responsibilities. The course examines the contributions which have been made to management theory and practice by accounting, statistics, economics, and psychology, and emphasises the importance of personal inter-relationships, and the role of the executive as decision-maker. Case studies are used to provide simulated business situations in which students become members of a management team and are required to analyse problems and make decisions. Provision is made for specialisation in particular areas, and the preparation of a research report.
Completion of the course entitles the graduate to a Diploma and the use of the letters DQIT (BusAdmin).
Entrance Requirements:
I. A graduate or diplomate (other than in Business Studies) of a University or Institute of Technology, AND
2. Two years appropriate experience in commerce, industry or the Public Service.
Su~;ect
BS600 BS102 BS601 BS204 BS602 BS206 BS203 BS304 BS302 BS303 BS307 BS305 BS306 BS203
First Year
Research and Communication Economics I
Accounting Principles Second Year Management I Managerial Psychology ONE of
Statistics*
Data Processing Third Year Management II Econometrics ONE of
Financial Management Production Systems Marketing
Personnel Management Data Processing
*(Students without Statistics will take this subject in the second year. All others will take Data Processing in second year. Statistics is a pre-requisite to third year subjects).
Hours per week
2 3 2 2 2 4 3 3 4 3 3 3 3 3
92
ASSOCIATE DIPLOMA IN ACCOUNTANCY Three (3) years full-time day study.
This course is also available by part-time evening study.
Students residing in Queensland beyond the Greater Brisbane area may enrol as external students.
Completion of the course entitles the graduate to an Associate Diploma and the use of the letters AQIT(Acctcy).
Subject entrance requirements: Senior-English, Mathematics I, and three other subjects. (See pp. 23-24 for subject entry standards and conditions.)
Subject
BSIOI BS!03 BS!04 BS102 BSIOO BS204 BS206 BS201 BS203 BS200 BS303 BS308 BS300 BS302 BS301 BS307 BS304
First Year
Business Communication Financial Mathematics Psychology I
Economics I Accounting I Second Year Management I Statistics Business Law Data Processing Accounting II Third Year
Financial Management Taxation Law and Practice Accounting III
TWO of the following subjects:- Econometrics
Auditing and Professional Practice Production Systems
Management II
Considerable additional time will be required for tutorials, assign- ments and library work.
Hours per week
3 3 3 3 5 3 4 3 3 4 3 3 4 4 3 3 3
Part-Time Course
Hours
Subject per
week First Year
BSIOI Business Communication 3
BS103 Financial Mathematics 3
BS104 Psychology I 3
Second Year
BS102 Economics I 3
BSIOO Accounting I 5
Third Year
BS200 Accounting II 4
BS206 Statistics 4
Fourth Year
BS204 Management I 3
BS201 Business Law 3
BS203 Data Processing 3
Fifth Year
BS303 Financial Management 3
BS308 Taxation Law and Practice 3
BS300 Accounting III 4
Sixth Year
TWO of the following:
BS304 Management II 3
BS301 Auditing and Professional Practice 3
BS302 Econometrics 4
BS307 Production Systems 3
94 QUEENSLAND INSTITUTE OF TECHNOLOGY ASSOCIATE DIPLOMA IN BUSINESS STUDIES Three (3) years full-time day study.
This course is also available by part-time evening study.
Completion of the course entitles the graduate to an Associate Diploma and the use of the letters AQIT(BusStud).
Subject entrance requirements: Senior-English, Mathematics I, Chemistry, Physics and one other subject. (See pp. 23-24 for subject entry standards and con- ditions.)
Subject
BSIOI BS103 BS104 BS102 BSIOO BS204 BS206 BS205 BS202 BS203 BS302 BS304 BS303 BS307 BS305 BS306
First Year
Business Communication Financial Mathematics Psychology I
Economics I Accounting I Second Year Management I Statistics Psychology II Commercial Law Data Processing Third Year Econometrics Management II
THREE of the following subjects:- Financial Management
Production Systems Marketing
Personnel Management
Considerable additional time will be required for tutorials, assignments and library work.
Hours per week
3 3 3 3 5 3 4 3 3 3 4 3 3 3 3 3
Part-Time Course
Hours
Subject per
week First Year
BSIOI Business Communication 3
BS103 Financial Mathematics 3
BS104 Psychology I 3
Second Year
BSIOO Accounting I 5
BS102 Economics I 3
Third Year
BS204 Management I 3
BS206 Statistics 4
Fourth Year
BS205 Psychology II 3
BS202 Commercial Law 3
BS203 Data Processing 3
Fifth Year
BS304 Management II 3
BS302 Econometrics 4
Sixth Year
THREE of the following subjects:-
BS303 Financial Management 3
BS307 Production Systems 3
BS305 Marketing 3
BS306 Personnel Management 3
96 QUEENSLAND INSTITUTE OF TECHNOLOGY ADVANCED COMMERCIAL CERTIFICATE Two (2) years full-time day, and
Two (2) years part-time evening study.
Entrance Requirements: Junior-English, Mathematics Band two other subjects.
SuNecl
BS007 BSOIO BS002 BS009 BS012 BS020
BS008 BS030 BS004 BS017 BS013 BS032
BS003 BS023 BS019 BS018 BSOl l BS024
Firs/ Year-(Full-Time) Business English I Commercial Mathematics Administrative Practice Business Psychology Descriptive Economics Office Machine Operation
Students will be expected to devote TWO hours additional work for every ONE hour of lecture time.
Second Year-(Full-Time) Business English II Statistical Mathematics Australian Social Structure Managerial Bookkeeping Economic Geography The Structure of Business
Students will be expected to devote TWO hours additional work for every ONE hour of lecture time.
A CERTIFICATE IN BUSINESS STUDIES will be issued to students who satisfactorily complete all subjects of the 2-year full-time course. These subjects may also be taken by part-time study.
Third Year-(Part-Time) Advanced Bookkeeping Principles of Management Mercantile Law
Fourlh Year-(Part-Time) Marketing and Distribution Computer Services Principles of Supervision
Hours per week
3 3 3 3 3 4
3 3 3 4 3 3
3 3 3 3 3 3
Part-Time Course
Hours
Subj eel per
week Firs/ Year
BS007 Business English I 3
BSOlO Commercial Mathematics 3
BS002 Administrative Practice 3
Second Year
BS009 Business Psychology 3
BSOI2 Descriptive Economics 3
BS020 Office Machine Operation 3
Third Year
BS008 Business English II 3
BS030 Statistical Mathematics 3
BS004 Australian Social Structure 3
Fourlh Year
BSOJ7 Managerial Bookkeeping 3
BS013 Economic Geography 3
BS032 The Structure of Business 3
Completion of CERTIFICATE IN BUSINESS STUDIES F!fih Year
BS003 Advanced Bookkeeping 3
BS023 Principles of Management 3
BS019 Mercantile Law 3
Sixlh Year
BS018 Marketing and Distribution 3
BSOl l Computer Services 3
BS024 Principles of Supervision 3
Completion of ADVANCED COMMERCIAL CERTIFICATE
98 QUEENSLAND INSTITUTE OF TECHNOLOGY PERSONNEL ADMINISTRATION CERTIFICATE Three (3) years part-time evening course.
This course provides for the training of present and potential Personnel Officers, and others dealing with personnel work in Commerce, Industry and the Public Service.
The successful completion of the course provides the educational qualifications for membership of the Institute of Personnel Management (Aust.).
Entrance Requirements: Minimum age-22 years; Passes at the Junior Examina- tion in English, Maths B and two other subjects.
Subiect
BS009 BS030 BS024 BS021 BS027 BSOI4 BS016 BS022 BSOl5
First Year
Business Psychology Statistical Mathematics Principles of Supervision Second Year
Personnel Policy and Administration
Recruitment, Selection Placement and Appraisal Health, Welfare, Safety and Wage Administration Third Year
Industrial Relations Personnel Training Industrial Psychology
Hours per week 3 3 3 3 3 3 3 3 3
REAL ESTATE VALUATION CERTIFICATE Four (4) years part-time evening course.
This course is designed for those who wish to make a career as valuers. Satisfac- tory completion of the course will be recognised as satisfying the examination requirements of the Commonwealth Institute of Valuers (Incorporated).
Entrance Requirements: Passes at the Junior Examination in English, Maths B and two other subjects.
Hours
Subject per
ll'eek First Year
BS007 Business English I 3
BSOIO Commercial Mathematics 3
BS025 Real Estate Law I
11
BS034 Valuation I 2
Second Year
BS005 Building Construction I 2
BS026 Real Estate Law II
11
BS028 Rural Land Utilisation I
It
BS035 Valuation II 2
Third Year
BS006 Building Construction II 2
OR
BS029 Rural Land Utilisation II 3
BS031 Surveying for Valuers It
BS033 Town Planning for Valuers It
BS036 Valuation III 2
Fourth Year
BS008 Business English II 3
BSOOI Accounting Methods and Procedures 2
BS012 Descriptive Economics 3
SYNOPSES OF SUBJECTS BSIOO Accounting I
Basic Accounting Theory. Basic Principles of recording, classifying and reporting business transactions. Preparation and Analysis of Financial Statements of Sole Traders, Partnerships, Companies and Non-trading Concerns. Introductory costing. Profit measurement and Asset valuation.
Depreciation and Asset Valuation. Matching Costs and Revenue. Inven- tory Valuation. Accounting as an aid to Managerial Planning and Control.
EDP approaches to Accounting Procedures.
BS200 Accounting II
General and Company Accounting. Classification of Accounting Data.
Instalment and Hire Purchase. Inventory Control. Dissolution of Partner- ship. Trustee and Executorship Accounts. Statement of Affairs and Deficiency Accounts. Company formation, reconstruction, amalgamation, take-overs, holding companies, annual reports. Consolidation Accounting.
Goodwill and Share Valuation. Price level changes. Winding-up af\d Liquidation. Official management and receivership. Branch and Depart- mental Accounts. Pastoral Accounts. Accounting for leases. Reporting to management, shareholder, etc. EDP approaches to Accounting Pro- cedures.
BS300 Accounting Ill
Cost and Management Accounting. Cost concepts and techniques.
Accounting for materials, labour and expense. Integration of Financial and Cost records. Job and Process Cost records. Joint and by-product costs. Budgetary Control and Standard Costs. Management's use of Accounting information. Cost analysis. Gross Profit analysis. Capital expenditure decisions. Cost and Profit Analysis for decision-making.
Differential Cost Analysis. Business forecasting, Profit planning, Cost- volume-profit relationships and comparative cost studies. Application of Statistical Methods to Accounting data. Reports for Management.
Principles and objects of Budgetary Control. Management Accounting for decision-making and control.
BSOOl Accounting Methods and Procedures
Introductory treatment of Accounting. Principles and Techniques from original entries to final Accounts. Accounting aids. Financial Accounting as an aid to Management. Analysis and interpretation of financial state- ments. Introduction to costing.
BS601 Accounting Principles
Introduction to accounting. Principles and techniques from original entries to final accounts. Accounting aids. Financial accounting as an aid to management. Analysis and interpretation of financial statements.
Introduction to costing.
BS002 Administrative Practice
Business organisation. Accounting for business transactions. Introductory Law of Contract, Sale of Goods, Principal and Agent. Filing, Indexing, Duplicating. Stock Control. Money, Banks and Banking. Insurance.
The Post Office and its services. Taxation. Information processing.
Office planning and control.
BS003 Advanced Bookkeeping
Partnership Accounts, Departmental Accounts, Pastoral Accounts, Accounting For Leases; Contract Accounts; Accounts from Incomplete Records; Company accounting-consolidated Statements, Instalment and Hire Purchase Accounts. Branch Accounts. Valuation and Depreciation Accounting; Introduction to Government Accounting.
BS301 Auditing and Professional Practice
The conduct of an audit. Internal Control. The Audit Programme. Audit working papers. Auditor's rights, duties and liabilities. Modern auditing standards and techniques. Internal Auditing. Audit problems. Investiga- tions. Verification of Assets and Liabilities. Principles of Asset Valuation.
Auditor's Reports. Professional standards. Principles of Professional practice. Organisation. Management and control of a practice. The relationship of the Accountant with clients, third parties other Accountants, Management, shareholders and others.
BS004 Australian Social Structure
Nature of Democracy. Forms of Government-Executive and Administra- tive. Australian Political System. Federal and State relationships. Financial relationships. Functions of Government Departments. Legal System.
Social and Economic Institutions. Population, Immigration Decentralisa- tion. The Organisation and Growth oflndustry. Australia and International Relationships. Australia as a Country of South-East Asia. Problems in Australia's Development.
BS005 Building Construction I
Building Drawings. Building Regulations and Authorities. Brick con- struction. Concrete Construction. Foundations. Excavations. Timber construction. Destructive agencies. Roof construction. Joinery. Plastering.
Plumbing. Drainage. Painting. Glazing. Building Techniques.
BS006 Building Construction II
Mechanical equipment in buildings. Measurement of buildings. Steelwork construction. Reinforced concrete multistoried buildings. Retaining wall construction. Shoring and under-pinning. Structural faults. Valuation Reports.
BSlOl Business Communication
Straight thinking. Logic and Scientific Method. Communication. Report writing. Effective speaking and conference leading. Conduct of Meetings.
Improved Reading.
BS007 Business English I (ref. GS063)
The main aim of the English course is to make students efficient communi- cators, able to convey their ideas precisely in writing and in speech, able to examine critically the ideas of others which they hear or read:
I. Revision of the fundamental conventions of communication.
2. Analysis of the contribution of the word, the sentence, the paragraph, and the outline to successful communication.
3. Writing of essays, business letters, reports and speeches.
4. An introduction to how the intentions and prejudices of communica- tors influence their selection of material and presentation of ideas.
5. A discussion of the novel and drama as literary art forms.
BS008 Business English II (ref. GS064)
The main aim is to make students efficient communicators.
I. Students will read examples of imaginative and descriptive prose to deduce principles of effective communication.
2. They will read examples of controversial prose to practise critical analysis of opionative communication.
3. They will apply the principles of effective communication learnt in 1. and 2. to the study of communication in organisations.
BS201 Business Law
Nature and Sources of Law. Law of Contract. Sale of goods. Hire Purchase.
Principal and Agent. Partnership. Insurance. Carriage of Goods. Bail- ments. Negotiable Instruments. Debtor/Creditor relationships. Credit and collection procedures. Outline of Bankruptcy Law. General Principles of Company Law. Duties and responsibilities of officers of a Company.
Formation and Promotion of Companies. Flotation and Under-writing
Procedures. Memorandum and Articles of Association. Methods of Finance. Share Capital. Stock Exchange Regulations, customs and terminology. Application, Allotment and Transfer Procedure for Shares and Debentures. Profits and Dividends. Accounts and Audit. Reports for Shareholders. Amalgamation, Reconstruction, Takeovers, Holding and Subsidiary Companies. Special types of Company. Dissolution and winding up.
BS009 Business Psychology
Introduction to general, industrial and social psychology. The senses.
Attention and perception. Imagery, memory, and thinking. Learning.
Motivation. Emotion. Individual differences. Personality. Vocational guidance and selection. Interviewing. Training. Incentives. Work Study.
Working conditions. Accidents. Leadership. Work groups. Group attitudes, conflicts, and co-operation. Morale. Personal efficiency.
BS202 Commercial Law
Nature and Sources of Law. Law of Contract. Sales of Foods. Hire Purchase. Principal and Agent. Partnership. Insurance. Carriage of Goods.
Bailments. Negotiable Instruments. Debtor/Creditor relationships.
Credit and Collection procedures. Outline of Bankruptcy Law. Outline of Company Law. Outline of Taxation Law.
BSOlO Commercial Mathematics
Commission, stocks and shares, simple interest, compound interest, depreciation, annuities, insurance, sinking funds, equation of payments.
Algebraical functions and functional notation, direct and inverse variation, solution of linear, simultaneous and quadratic equations. Graphs of these equations, gradients, equation to a straight line. Calculus-gradient of a curve, derivatives of standard functions, curve tracing. Sine and Cosine rule; similar triangles. Trig. ratios and major identities and solution of triangles. Use of slide rule. Revision of logarithms.
BS900 Computer Programming
Introduction to computers and compiler language. Fundamentals of COBOL. Compiling a Programme. Advanced COBOL. Writing and testing programmes. Introduction to FORTRAN. The use of standard programmes.
BSOl l Computer Services
The impact of automation on business and industry. Business data processing systems. Records and records management. Office services and machine applications. Introduction to computer programming. Intro- duction to business systems.
BS203 Data Processing
Fundamentals of data processing. The place of manual systems, accounting machines, punched cards and computers. Punched card data processing.
Basic concepts of computers. Numbers Systems. Boolean logic. Flow Charting. Programming. Systems and Procedures. Development of a computer processing system. Installation considerations. The data processing organisation. The impact of computers on Accounting and Audit procedures.
BS012 Descriptive Economics
The nature of economics-economic systems. Costs, prices, supply and demand and market structures. National accounts, index numbers, inflation and deflation. Factors of production and their rewards. Money and Banking. International Trade. Economic fluctuations-public finance. Australian economic background (growth)-from Vernon Report.
BS302 Econometrics
The mathematical formulation of economic theory. Economic applications of Derivatives (elasticity, marginalism). Partial Derivatives (marginal productivity, utility). Maxima and Minima (profit maximization, produc-
tion function). Integrals (marginal and average cost, maximum profit).
Econometric models-static (demand and supply of single commodity).
National Income models; Dynamic (the cobweb model, national income, continuous models). Uncertainty and probability. Sampling and statistical inference. Simple and multiple regression and correlation. Economic time series. Econometric models reconsidered. Linear Programming:
Optimum path and critical path. Input-output analysis. Economic forecasts. The concept of strategy. Game theory. Queues. Simulation and management games. The customers dollar. Demand Analysis. Cost analysis. Production and Inventory control. Capital budgeting. Pricing policies. Profit management.
BS013 Economic Geography
Nature and function of economic geography. Physical Geography and its effect on economic activities. Weather and climate. World climatic types, regions and natural resources. Industrial regions and manufacturing centres. Transportation and Commerce. Australia's resources and their utilisation. International trade. Social and Political environment.
BS I 02 Economics I
Basic economic concepts. The central problems of economic society.
fhe price system. The role of the Government. The statistics of Australian '.::apitalism. The competitive challenge. National Income Accounting.
Economic fluctuations. Monetary and fiscal policy. The economics of the firm and resource allocation. The significance of market structure for price and output levels, resource allocation and technological progress.
International trade. Balance of payments, tariff protection and free trade.
Australian Economic Growth: determinants, problems, and policies.
BS303 Financial Management
The Finance Function. Financial Analysis, and Interpretation of financial and operating statements. Financial Control. Financial Planning. Short term finance. Long term financing. The Capital Market. Financial Strategy.
Financial Policy. The Application of statistical and mathematical tech- niques to decision-making and control.
BS103 Financial Mathematics
Commission. Brokerage. Insurance, Compound Interest. Annuities. Stocks and Shares. Sinking funds. Depreciation. Equation of Payments. Use of Logarithms and Slide Rule. Graphical representation of relationships.
Solution of equations. Graphs of linear equations. Linear programming.
Exponents and radicals. Inventory Control. General Mathematics or Capital expenditure decisions (discounting). Quadratic equations. Matrices Analysis. Introduction to Calculus. Computers.
BS014 Health, Welfare, Safety and Wage Administration
Work environment, Employee Services, Pension and superannuation Funds. Social agencies. Industrial Medical Services. First Aid. Occupational Safety. Principles of Wage and Salary determination. Incentives. Wage and Salary administration and records.
BS015 Industrial Psychology
Employee morale and productivity. Personnel Testing. Individual differ- ences. Merit rating. Training. Attitudes and Human Behaviour. Accidents and Safety. Working conditions. Human Engineering. Supervision and Leadership. Counselling.
BS016 Industrial Relations
Australian Conciliation and Arbitration System. Relations with Employee representatives and Union Officials. Trade Unions. Industrial Unrest.
Wage policies. Workers Compensation Act.
BS204 Management I
Basic management problems. Business objectives, policy and planning.
Functions of business. Executive leadership and management. Responsi- bility and authority. Personal relationships. Organisation structure.
Control of operations. The structure of management. The responsibilities of management.