Bachelor of Business (Blockchain Enabled Business)
Quick facts
Student type:
Quick facts
-
Entry score
-
Duration
Full-time 3 years, Part-time 6 years -
Location
Melbourne City -
Fees
Next intake
February, JulyEntry score
ATAR 61.75
Duration
Full-time 3 yearsLocation
Melbourne CityFees
AU$39,360 (2022 annual)
Next intake
February, July
Interested in Blockchain?
Introducing RMIT's new Bachelor of Business. You can explore multiple specialisations within a customisable course structure, with opportunities for hands-on learning and industry engagement.
Overview
What you should know about Blockchain Enabled Business
Blockchain adoption is growing exponentially, and the demand for relevant skills is expanding with it. This degree is designed to help address the industry's growing need for qualified and knowledgable professionals.
The adoption of digital interaction and new ways of doing business has massively and rapidly increased in recent years, with greater than 200% job growth year-on-year in blockchain skills since 2015*. The rollout of the digital economy is now a worldwide economic imperative, and people who can work and lead in the global digital economy will have secure career opportunities.
Skills in blockchain topped LinkedIn Learning’s list of in-demand hard skills for 2020. The Bachelor of Business (Blockchain Enabled Business) has been designed to equip you with the knowledge to work at the frontier of the emerging new digital economy.
Blockchain is a transformative technology at the centre of the new digital economy, with wide-ranging applications across all aspects of commerce, government and social enterprises. It is fundamentally reshaping the industrial, employment and social landscape that future graduates will live and work in.
Global and Australian labour market reports show that there has been more than 200% year-on-year job growth in this field since 2015. Approximately half of that growth is for people with the knowledge and skills to identify, understand and communicate the value proposition and the economic, financial, accounting, legal, ethical, business IT and strategic management dimensions of blockchain for all types of industries.
RMIT is a global frontrunner in this space, with its world leading Blockchain Innovation Hub helping to set the national and global agenda for enterprise transformation.
The Bachelor of Business (Blockchain Enabled Business) is a world first, truly multi-disciplinary applied degree that will prepare you to work in a globalised, international context in a range of in-demand roles and sectors.
Details
This degree will equip you with the knowledge and skills you will need to apply and manage blockchain in public and private enterprises, through a multi-disciplinary curriculum that brings together in-depth theoretical and practical learning.
The curriculum is underpinned by skills in accounting, marketing, management, statistics, and business IT. In your major specialisation, you will learn about: blockchain and the economy, cryptofinance and fintech, building and using smart contracts, blockchain for trade, and the legal, ethical and regulatory aspects of new technologies. You will also undertake a project-based capstone subject that brings all these together to solve an industry problem.
Over the duration of this degree, you will experience a variety of approaches to learning and teaching.
This multi-disciplinary course will expose you to the dimensions of blockchain in business to build a broad base of knowledge and capabilities that will prepare you for the international workforce.
You'll learn from experienced professionals and academics who will share their knowledge, research and experience, and assist you in developing skills as an independent and lifelong learner.
The major styles of teaching and learning you can expect to experience in this course will include:
Classroom teaching
Classroom teaching utilises a range of techniques, including lectures, presentations, simulations and group discussion, all designed to maximise your understanding of the curriculum. It is designed to provide an environment where you can ask questions, seek feedback and contribute to class discussion.
Problem-based learning
Working independently or as a group, you will apply knowledge to solve problems and examine case studies that relate to the business problems and challenges you will encounter working in industry.
Assignments and projects
These may be either research or problem based. They will provide you with experience with research, and effective writing and presentation for a range of audiences. Assignments are designed to provide a way to receive feedback on your skills development to further enhance your capabilities.
Flexible delivery
This course may incorporate extensive use of online teaching resources to support your learning, and for accessing relevant research sites. The University’s learning management system will be used for learning resources such as lecture notes and presentation slides, a range of assessment and feedback tools, discussion boards, quizzes and self-tests.
Assessment
Assessment is designed to provide you with opportunities to demonstrate your capabilities and specified learning outcomes. Methods of assessment will vary between subjects.
RMIT University is committed to providing you with an education that strongly links formal learning with professional or vocational practice. As part of your studies, you will have the opportunity to meet and learn from guest lecturers and mentors from industry.
Many of the subjects in your major specialisation will include industry-led case studies, and the major specialisation includes a capstone subject in Blockchain Application Projects, in which you will develop a solution to a real industry problem.
You will have the opportunity to take part in special electives including RMIT's Fastrack Innovation Program, and Business Internship electives. There are also opportunities to take part in a variety of business competitions, hackathons, and industry-connected student groups and forums at RMIT, including the RMIT Blockchain Association.
As part of your studies, you may choose to undertake an internship with an organisation in Australia or overseas.
You will also have the opportunity to join overseas exchange programs and study tours to expand your horizons and learn about other cultures and places.
RMIT supports students to undertake global work, exchange and study experiences with over 165 partner universities worldwide. The Global Experience Office (GEO) supports students to undertake exchange or short-term global mobility activities and can advise on selecting exchanges as well as how to access financial support through scholarships, RMIT travel grants, and government loans.
Associate Professor Stuart Thomas
RMIT Blockchain Innovation Hub and School of Economics, Finance and Marketing
The curriculum is structured to allow you to supplement specialised studies in blockchain enabled business with subjects to suit your career or personal development goals.
This degree consists of 24 subjects (each 12 credit points) and includes:
- 8 compulsory common business core subjects
- 8 major specialisation subjects in blockchain enabled business
- 8 flexible subjects.
The eight flexible subjects can be selected from three options:
- Minor specialisations of four subjects each (any discipline, including business)
- Open electives (any discipline, including business), or
- A second eight-subject major specialisation.
Minor and major specialisations in business include:
- Accounting
- Finance
- Economics
- Behavioural business
- Marketing International business
- Business analysis
- Entrepreneurship
- Human resource management
- Human resource practice
- Information systems
- IS security and risk management
- Law
- Logistics and supply chain management
- Management
- Marketing
Or you may choose a flexible business minor. Other minors can be selected from many disciplines offered across RMIT.
When planning your studies, you are advised to check which elective and minor subjects are offered each semester.
Choose a program structure
Choose a program structure
Program code: BP334
VTAC Code
If you are eligible to apply via VTAC, copy and paste the below code into VTAC search.
- Plan BP334 - 3200333501
Please ensure that you have checked the admissions requirements and apply page before applying.
VTAC Code
If you are eligible to apply via VTAC, copy and paste the below code into VTAC search.
- Plan BP334 - 3200333503
Please ensure that you have checked the admissions requirements and apply page before applying.
Career
Admissions
You must have successfully completed an Australian Year 12 (or equivalent qualification).
Prerequisites
Units 3 and 4: a study score of at least 30 in English (EAL) or at least 25 in English other than EAL.
Rankings and adjustment factors
Entry to this program is competitive. Eligible applicants are ranked and selected in order of merit based on their academic achievement plus any adjustment factors.
Adjustment factors include equity access schemes and/or subject adjustments.
We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.
Selection criteria by applicant type
Please select the highest level of education you have or will be completing in order to find out the selection criteria that applies to you, in addition to meeting the above entry requirements.
Adjustment factors available only to applicants currently studying Year 12
School Network Access Program (SNAP)
- The SNAP access scheme is designed to increase tertiary participation by giving priority access to RMIT diploma and degree programs to eligible applicants currently studying Year 12 at a SNAP partner school.
Adjustment factors available only to applicants currently studying Year 12 or whose highest qualification is a completed Year 12.
Subject adjustments
- A study score of 25 in any Business, any Information Technology, any Mathematics or Psychology equals 1 aggregate point per study.
- A study score of 35 in any English equals 2 aggregate points per study.
- Overall maximum of 8 points.
Regional adjustments
- RMIT automatically allocates adjustment factors to applicants from a low socio-economic status area for all programs that select primarily on ATAR. Low socio-economic status areas are determined by applying the Australian Bureau of Statistics (ABS) Socio-Economic Index for Areas (SEIFA) Index of Education and Occupation.
Equity access schemes
- Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
- This program has been recognised as being under-represented by female applicants. Additional adjustment factors may apply to those applying to category 1 of the Special Entry Access Scheme or RMIT access application.
- Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
- If you are applying through VTAC you should apply for the Special Entry Access Scheme.
- If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
We will consider your entire academic record to determine your eligibility for entry. The highest level of education you have previously completed will usually determine how you are ranked.
Successful completion of any Australian Diploma or Advanced Diploma (or equivalent) will meet the minimum entry requirements for this course.
Special Tertiary Admissions Test (STAT)
You may satisfy the academic requirements by completing the STAT multiple choice.
If you are applying to RMIT as an applicant with vocational education training, you may sit the STAT multiple choice if you:
are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program
STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents.
Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.
You may be eligible for the following adjustment factors:
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., GPA (including any adjustment factors).
We will consider your entire academic record to determine your eligibility for entry. Previous fail grades in similar courses may affect your eligibility.
- successful completion of an Australian higher education diploma (or equivalent overseas qualification); or
- successful completion of at least four courses (subjects) at an Australian associate degree (or equivalent) and no double-fail in any required course of the receiving degree; or
- successful completion of at least two courses (subjects) at an Australian undergraduate level (or equivalent) and no double-fail in any required course of the receiving degree.
Special Tertiary Admissions Test (STAT)
You may satisfy the academic requirements by completing the STAT multiple choice. If you are applying to RMIT as an applicant with higher education study, you may sit the STAT multiple choice if you:
are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program
STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents.
Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.
Personal Statement
If you have been excluded from a program due to academic progress you are encouraged to submit a personal statement outlining the strategies you will adopt to ensure academic success.
If you are applying to RMIT through VTAC you can complete and submit the VTAC personal statement via your online VTAC account.
If you are applying direct to RMIT you can upload your completed personal statement via your online direct application.
You may be eligible for the following adjustment factors:
Equity access schemes
- Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
- This program has been recognised as being under-represented by female applicants. Additional adjustment factors may apply to those applying to category 1 of the Special Entry Access Scheme or RMIT access application.
- Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
- If you are applying through VTAC you should apply for the Special Entry Access Scheme.
- If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
Entry to this program is competitive. Applicants are ranked and selected in order of merit based on their academic achievement, e.g., Special Tertiary Admission Test (STAT) score (including any adjustment factors).
You must have successfully completed an Australian Year 12 (or equivalent qualification) and meet the stated prerequisites. Work and life experience does not provide any additional consideration for entry to this program. You may satisfy the academic requirements by completing the STAT multiple choice.
Special Tertiary Admissions Test (STAT)
You may satisfy the academic requirements by completing the STAT multiple choice. If you are applying to RMIT as an applicant with work or life experience, you may sit the STAT multiple choice if you:
are 19 years of age or over as of 1 January in the year in which you will start your studies and
have not been enrolled in secondary studies for at least two years and
have no prior secondary school (Year 12), VET studies, HE studies or relevant work experience that can be considered for entry, or these do not meet the minimum academic requirements for the program
STAT results are valid for two years prior to the commencement of study and can be used to meet Year 12 English prerequisites. You are still required to meet all other program prerequisites or equivalents.
Learn more about RMIT STAT results including minimum STAT scores required to meet prerequisites.
You may be eligible for the following adjustment factors:
Equity access schemes
- Equity access schemes take into account personal information and location, difficult circumstances, disadvantaged financial background and disability or medical condition that may have impacted on an applicant’s most recent academic performance.
- This program has been recognised as being under-represented by female applicants. Additional adjustment factors may apply to those applying to category 1 of the Special Entry Access Scheme or RMIT access application.
- Find out more about the eligibility requirements for each Special Entry Access Scheme and RMIT access categories.
- If you are applying through VTAC you should apply for the Special Entry Access Scheme.
- If you are applying directly to RMIT you should apply for RMIT Access. The system will prompt you to do this during your application.
Elite Athlete Program
- The RMIT Elite Athlete Program supports eligible elite and emerging athletes to achieve sporting and academic excellence, allowing students to balance the demands of both their studies and their athletic responsibilities.
Aboriginal and Torres Strait Islander peoples
- The Indigenous Access Program supports your application to RMIT through an informal interview process where you will receive help from the Ngarara Willim Centre. Additional consideration will be given if you have relevant life, work, education or training experience.
Additional information
*ATAR refers to the lowest selection rank to which an offer was made (including consideration of any adjustments) for current and recent Year 12 applicants.
RMIT is committed to providing transparency to the admissions process. In line with this commitment, we provide you with information that will help in making informed choices about your undergraduate study options. Find out more about RMIT’s commitment to admissions transparency.
You must have successfully completed an Australian Year 12 or an equivalent senior secondary school qualification with a minimum average of 65% (see calculator below).
Equivalent qualifications may also include completion of the RMIT Foundation Studies program or a recognised post secondary diploma in the relevant discipline with the required grades.
Meeting the minimum academic requirements does not guarantee entry. Your application will still need to be assessed and accepted.
To study this program you will need to complete one of the following English proficiency tests:
- IELTS (Academic): minimum overall band of 6.5 (with no individual band below 6.0)
- TOEFL (Internet Based Test - IBT): minimum overall score of 79 (with minimum of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing)
- Pearson Test of English (Academic) (PTE (A)): minimum score of 58 (with no communication band less than 50)
- Cambridge English: Advanced (CAE): minimum of 176 with no less than 169 in any component.
For detailed information on English language requirements and other proficiency tests recognised by RMIT, visit English language requirements and equivalency information.
Don't meet the English language test scores? Complete an Advanced Plus Certificate at RMIT English Worldwide.
Pathways
Even though there are currently no formal pathways into this degree, there are often other ways you can gain entry.
Depending on the course, this may include completing a certificate, diploma, advanced diploma or associate degree or undertaking recognised professional experience.
For more information, use our Pathways finder or contact Study@RMIT to discuss your options.
Guaranteed Pathways
Guaranteed Pathways gives you the option to preference pathway packages in VTAC.
If you apply and are successful in gaining a place in a Guaranteed Pathway package, you will progress straight into the Bachelor Degree upon successful completion of the relevant vocational degree (otherwise known as TAFE) first.
With a Guaranteed Pathway package, you can graduate with two internationally-recognised RMIT qualifications.
Credit and recognition of prior learning
Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience. Find out if you might be eligible.
Fees
2022 indicative fees
In 2022, the annual student contribution amount (tuition fee) you will pay for a standard year of full-time study is between AU$3,985 to AU$14,630*.
Additional expenses
- Student services and amenities fee (SSAF): AU$315 maximum fee for 2022.
- Other items related to your program, including field trips, textbooks and equipment.
Annual fee adjustment
Amounts quoted are indicative fees per annum, and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load.
Fees are adjusted on an annual basis and these fees should only be used as a guide.
Defer your payment
You may be eligible to apply for a HECS-HELP loan, which can be used to defer payment of up to the full amount of your student contribution fees. You may also be eligible to apply to defer payment of your SSAF through the SA-HELP loan scheme.
Learn more about fees for undergraduate study.
Paying your fees and applying for refunds
For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.
If you are offered a Commonwealth supported place, your tuition fees are subsidised by the Australian Government.
Your share of the fee (student contribution) is set on an annual basis by the government and is determined by the discipline areas (bands) of your individual enrolled courses, not the overall program.
How much can I expect to pay for my Commonwealth supported place?
The Australian Government has introduced changes to university funding and student contribution fees under its Job-ready Graduates Package.
The fees in the table below apply to students commencing their program in 2022. Fees for continuing students are available at fees for Commonwealth supported students.
Each course (subject) falls into a band. The band determines the student contribution amount for the course.
Amounts listed in the table below are based on a standard, full-time study load (96 credit points per year) with all courses in the same band. A proportionate fee applies for more or less than the full-time study load or for enrolment in courses (subjects) from a combination of bands.
You can learn how to calculate your exact tuition fees for units from different bands at Fees for Commonwealth supported students.
Maximum student contribution amount for Commonwealth supported places in 2022 for commencing students
Student contribution band by course (subject) |
Maximum annual student contribution amount (per EFTSL) in 2022 |
|---|---|
Education, Postgraduate Clinical Psychology, English, Mathematics, Statistics, Nursing, Indigenous and Foreign Languages, Agriculture |
$3,985 per standard year $498 per standard (12 credit point) course |
Allied Health, Other Health, Built Environment, Computing, Visual and Performing Arts, Professional Pathway Psychology, Professional Pathway Social Work, Engineering, Surveying, Environmental Studies, Science, Pathology |
$8,021 per standard year $1,002 per standard (12 credit point) course |
Dentistry, Medicine, Veterinary Science |
$11,401 per standard year |
Law, Accounting, Administration, Economics, Commerce, Communications, Society and Culture |
$14,630 per standard year |
HECS-HELP Loans
The Australian Government provides financial assistance via the HECS-HELP loan scheme, which allows eligible students (such as Australian citizens or holders of an Australian permanent humanitarian visa) to defer payment of up to the full amount of their student contribution.
SA-HELP Loans
You may be eligible to apply to defer payment of the Student services and amenities fee (SSAF) through the SA-HELP loan scheme. If you use SA-HELP, the amount will be added to your accumulated HELP debt.
How does a HELP loan work?
If your FEE-HELP and/or SA-HELP loan application is successful, the Australian Government will pay RMIT, on your behalf, up to 100% of your fees. This amount will become part of your accumulated HELP debt.
You only start repaying your accumulated HELP debt to the Australian Government once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government (this also applies if you are still studying). The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.
For more information about loan repayment options see Commonwealth assistance (HELP loans) or Study Assist.
In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.
The SSAF is calculated based on your enrolment load and the maximum fee for 2022 is $315.
For more information about calculating your actual SSAF see Paying SSAF.
You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.
The annual tuition fee for 2022 is AU$39,360.
The total indicative tuition fee for 2022 commencement is AU$120,960.
In addition to tuition fees you also need to pay for:
- Student services and amenities fee (SSAF) in each calendar year.
- Overseas Student Health Cover (OSHC) - Student visa holders must have cover for the total duration of their visa.
- Some programs incur additional expenses.
You also need to account for your living expenses. Estimate the cost of living in Melbourne.
Applying for refunds
Find information on how to apply for a refund as a continuing international student.
Looking for answers or more general infomation?
For frequently asked questions or how to find more information regarding applications and enrolments, fees, student support services, university policies and more, please visit our Frequently Asked Questions.