Your guide to majoring in Quantitaitve Economics and Finance in the Bachelor of Commerce at RMIT.
Choosing the Quantitative Economics and Finance major in the Bachelor of Commerce at RMIT University prepares you for success in today’s complex financial and digital landscapes. This major equips you with the expertise in economic and financial analysis necessary for a diverse range of career opportunities.
You will study key areas such as financial innovation, corporate finance, big data, machine learning, forecasting, and portfolio management. You'll develop essential skills in financial modelling, data analysis, and economic analysis, all vital in a business world driven by data, AI, and digital finance.
Through hands-on experience and real-world case studies, you'll gain the practical knowledge needed to make strategic decisions in industries such as banking, investment, and government. As the economy evolves, the skills you acquire will ensure you're ready to seize future opportunities.
Selecting a major is a required part of the Bachelor of Commerce course. It allows you to focus your studies on your career goals and personal interests. The major you choose will help you build the skills and knowledge you need in your field, while also providing valuable networking opportunities.
Equip yourself with versatile, cutting-edge skills that keep you ahead in an ever-evolving global market.
Learn from RMIT’s internationally recognised researchers in Economics and Finance, who bring their quantitative expertise into every subject, ensuring an authentic and up-to-date curriculum.
Gain real-world experience through projects and collaborations with industry partners, using the same tools and strategies applied by businesses and governments worldwide.
The Quantitative Economics and Finance major in the Bachelor of Commerce prepares graduates for a wide range of career opportunities in finance, economics, and related sectors. This major equips you with essential skills, including:
As the need for expertise in data-driven decision-making and financial analysis grows in today’s fast-evolving global economy, this major prepares you with the skills and knowledge to thrive in the future, opening doors to exciting careers in areas such as:
The demand for professionals in quantitative finance, economics, and risk management is on the rise. Entry-level roles like Financial Analysts and Risk Analysts typically start around AU$70,000 per year, while senior positions such as Investment Bankers, Portfolio Managers, and Financial Consultants can earn over AU$100,000 annually, depending on experience and industry.
Below is a guide to the roadmap for your major, outlining the subjects and progression through the course.
Please note that this is the recommended sequencing only and is subject to scheduling.
| Year of study | Semester of study | Subjects |
|---|---|---|
| Year 1 | Semester 1 | 1. ISYS3468 Enterprise AI and Business Analytics* 2. MKTG1511 Value-driven Marketing* 3. ECON1615 Principles of the Economy* 4. BUSM2729 Responsible Leadership and Enterprise* |
| Semester 2 | 1. BUSM2728 International Business in the Digital Era* 2. INTE1063 Digital Business Security and Risk Management* 3. BAFI3254 Financial Instruments and Technologies* 4. LAW2442 Business Law* |
|
| Year 2 | Semester 1 | 1. BUSM2726 Navigating Australian Commerce in the Digital Age* 2. BAFI3264 Financial Innovation and Technology Systems+ 3. ECON1594 Business Challenges in the Digital Economy+ 4. BAFI1008 Corporate Finance+ |
| Semester 2 | 1. ECON1061 Forecasting and Quantitative Analysis+ 2. Select course from your chosen minor 3. Select course from your chosen minor 4. University Elective |
|
| Year 3 | Semester 1 | 1. ECON1611 Big Data, Machine Learning and Society+ 2. BAFI1042 Equity Investment and Portfolio Management+ 3. BAFI3291 Advanced Financial Analysis and Modelling+ 4. Select course from your chosen minor |
| Semester 2 | 1. BUSM2727 Future of Commerce Project^ 2. ECON1223 Data Modelling Techniques for Business+ 3. Select course from your chosen minor 4. University Elective |
Refer to the Higher Education course guides to learn more about individual subjects.
| Foundation subject | * |
| Major subject | + |
| Capstone subject | ^ |
Integrating a minor into your major will allow you to specialise further while gaining a comprehensive understanding of how your area of interest intersects with other disciplines.
By combining diverse fields of study, you’ll be well-prepared for the complexities of the modern business landscape and ready to make a meaningful impact in your chosen career.
All majors/minors in the Bachelor of Commerce complement each other; however, suggested complementary minors include:
This is one of 6 majors that you can choose from. Visit the Bachelor of Commerce course page to find full course information, explore your study options, and get details on entry requirements, pathways, fees, plan structure and how to apply.
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