Bachelor of Business and Bachelor of Psychological Science

Bachelor of Business

Upon successful completion of this program, students should be able to: 

1. Acquire and apply discipline specific knowledge and skills related to business and organisations (Discipline Knowledge).
2. Communicate information effectively in written and oral forms with a diverse range of stakeholders (Communication Skills).
3. Apply critical and analytical skills to the identification and evaluation of complex business problems and draw logical conclusions (Critical Skills).
4. Work both independently and collaboratively to achieve agreed team outcomes (Teamwork).

Bachelor of Psychological Science

Upon successful completion of this program, students should be able to:

1. Analyse major concepts, theoretical perspectives, empirical findings, and evolution of ideas in psychology to professionally and ethically address contemporary issues of cognition and behaviour.
2. Reflect on the quality of your own and others’ decisions through critical thinking, sceptical inquiry and interpretation of research evidence, acknowledging the ambiguity of competing explanations.
3. Embrace a variety of approaches to lifelong learning to understand diverse influences on behaviour.
4. Use contemporary techniques to effectively and ethically communicate with a range of audiences to disseminate knowledge.

Double degrees allow you to deepen your knowledge and expertise within two separate study areas. This means you can choose from our range of exciting, diverse courses and embark on a journey as unique as you are.

Bachelor of Business

Get a real-world advantage with our Bachelor of Business. As the only university in the state, we’ve formed close connections with local industry.

In our Bachelor of Business you will:

• Get a hands-on experience with corporate internships , guest lectures from local business leaders, and current case studies from businesses in Tasmania and around the world.
• Learn from the best with industry experts and teaching staff recognised as international leaders in their field.
• Gain a qualification recognised by all the major professional bodies in business and economics.

In our Bachelor of Business you can follow your passion, with the opportunity to build a degree from your choice of majors.

Bachelor of Psychological Science

Psychology, the study of human behaviour, impacts every environment in which humans live, work, cooperate and communicate. Whether it’s in the classroom or the courtroom, the family home or the extremes of Antarctica, in Tasmanian communities or international relations, psychology plays a role.

If you want to develop knowledge and skills that will enrich your personal and professional life, or your goal is to become a research scientist, counsellor or registered psychologist, the Bachelor of Psychological Science provides the perfect foundation. When you study the science of psychology you will learn about the biological and psychological principles of human behaviour, and will develop the transferable skills of critical thinking, communication and problem solving that are vital everywhere people interact.

Recommended study pattern

In a 4 year double degree you will complete a total of 400 credit points comprising 200 credit points from each course. The requirements of each course, such as majors and core subjects, are specified below. For students undertaking full-time study the following study pattern is recommended:

Bachelor of Business

Year 1

• TAS-BAA111 People and Organisations
• TAS-BEA111 Introduction to Markets and the Economy
• TAS-BEA140 Data Analysis for Business
• TAS-BFA103 Accountability and Accounting

Year 2

• TAS-BAA211 Entrepreneurship
• TAS-BAA215 Business and Corporate Law
• TAS-BMA202 Business Strategy
• TAS-BMA250 Managerial Social Responsibility

Year 3 and 4

Choose 1 major from the following options:

• Accounting
• Business Analytics
• Business Economics
• Finance
• Managing People and Organisations
• Marketing

Bachelor of Psychological Sciences:

Year 1

• TAS-PSY111 Transferable Skills in Psychology
• TAS-PSY112 Brain and Behaviour
• TAS-PSY124 Mental Health and Individual Differences
• TAS-PSY125 Psychological Processes

Year 2

• TAS-PSY207 Social Psychology
• TAS-PSY211 Research Skills in Psychology
• TAS-PSY223 Health and Psychological Wellbeing
• TAS-PSY224 Behavioural and Cognitive Neuroscience

Year 3

• TAS-PSY302 Lifespan Developmental Psychology
• TAS-PSY305 Clinical Psychology
• TAS-PSY311 Advanced Research Skills in Psychology
• TAS-PSY312 Forensic Psychology

Year 4

• TAS-PSY324 Psychological Assessment and Intervention
• TAS-PSY325 Neuropsychology and Clinical Neuroscience
• TAS-PSY331 Psychology of Language
• TAS-PSY336 Human Behaviour in Extreme Environments

Award requirements

Satisfactory completion of 32 subjects, as required in the schedule, within 4-9 years from commencement.

Choose your subjects

Majors

Bachelor of Business Majors

Accounting

• Introductory (100) level subjects:
  • TAS-BFA112 Preparing Carbon Accounts
  • TAS-BFA109 Applied Accounting Systems
• Intermediate (200) level subjects:
  • TAS-BEA213 Data Analytics for Accounting
  • TAS-BFA203 Financial Accounting and Reporting
• Advanced (300) level subjects:
  • TAS-BFA303 Auditing and Assurance Services
  • TAS-BFA312 Management Accountability and Accounting
  • TAS-BFA391 Applied Taxation
  • TAS-BFA392 Accounting Futures

Business Analytics

• Introductory (100) level subjects:
  • Choose 1 major subject from the following:
    • TAS-KIT101 Programming Fundamentals
    • TAS-ZAT113 Programming Principles
  • Choose 1 major subject from the following:
    • TAS-KIT119 Database Fundamentals
    • TAS-ZAT119 Data Analytics for Cyber Security
• Intermediate (200) level subjects:
  • TAS-BEA212 Fundamentals of Business Analytics
  • TAS-BEA213 Data Analytics for Accounting
• Advanced (300) level subjects:
  • TAS-BEA318 Business Analytics for Strategic Decision-Making
  • TAS-BEA319 Artificial Intelligence and Big Data Applications for Business
  • TAS-BEA342 Forecasting for Economic Decision-Making
  • TAS-BFA315 Information Systems for Business

Business Economics

• Introductory (100) level subjects:
  • TAS-BEA106 Introduction to Behavioural Economics
  • TAS-BEA121 Economic Policy in Action
• Intermediate (200) level subjects:
  • TAS-BEA205 Economics of Business Strategy
  • TAS-BEA206 Evaluating Alternatives
• Advanced (300) level subjects:
  • TAS-BEA310 Agriculture and Food Economics
  • TAS-BEA313 Energy Economics and Policy
  • TAS-BEA317 Regional Development in a Global Context
  • TAS-BEA320Monetary and Fiscal Policy

Finance

• Introductory (100) level subjects:
  • TAS-BEA112 Fundamentals of Financial Markets and Institutions
  • TAS-BFA107 Financial Management
• Intermediate (200) level subjects:
  • TAS-BEA286 Investment Analysis
  • TAS-BFA204 Financial Planning
• Advanced (300) level subjects:
  • TAS-BEA309 International Finance
  • TAS-BEA321 Banking and Financial Institutions
  • TAS-BEA343 Corporate Finance
  • TAS-BEA380 Derivative Securities

Managing People and Organisations

• Introductory (100) level subjects:
  • TAS-BMA101 Introduction to Management
  • TAS-BMA121 Foundations of Human Resource Management
• Intermediate (200) level subjects;
  • TAS-BMA206 Management Communications
  • TAS-BMA220 Human Resource Management in Action
• Advanced (300) level subjects:
  • TAS-BMA314 Organisational Change and Development
  • TAS-BMA328 Leadership in Organisations
  • TAS-BMA341 Employment Relations
  • TAS-BMA357 Freelancing and Small Business

Marketing

• Introductory (100) level subjects:
  • TAS-BMA101 Introduction to Management
  • TAS-BMA151 Principles of Marketing
• Intermediate (200) level subjects;
  • TAS-BMA258 Services Marketing
  • TAS-BMA262 Consumer Behaviour
• Advanced (300) level subjects:
  • TAS-BMA329 Retail Marketing
  • TAS-BMA331 Marketing Research
  • TAS-BMA343 Digital and Social Media Marketing
  • TAS-BMA351 Marketing Management

Exit points

Students who have met the requirements for an exit award of one of the constituent courses may elect to graduate from the exit award for that course. Where students taking an exit award for one constituent course wish to continue in the second constituent course their enrolment will be transferred to the second constituent course.

Degrees are usually made up of core subjects and electives. Some degrees include a choice of majors, so you can focus your studies on a specialisation.

This list is a general overview. Download the full Degree Guide for more information.

• Bachelor of Business - Core

• Bachelor of Psychological Science - Core

• Accounting

• Business Analytics

• Business Economics

• Finance

• Managing People and Organisations

• Marketing

Students admitted prior to 2025 will be required to study BFA112 Preparing Carbon Accounts, in replacement of BFA107 Financial Accountability and Management within the Accounting Major. Student can still chose to study this subject as an elective.

If you have already studied BFA107, you will not be required to enrol into BFA112, as part of the Accounting Major. 

Open Universities Australia is a not-for-profit organisation. You will not pay any fees for using our services.

Indicative total fee $63,550

The amounts shown here are indicative for an Australian citizen studying full-time, which is typically 8 subjects per year.

Fees may vary depending on:

• the subjects you choose
• credit from previous work experience
• your eligibility for government funding loans or subsidies such as HECS-HELP or a Commonwealth supported place.

To learn more, go to Fees or contact a student advisor.

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• Partially completed an undergraduate course at Diploma level or higher (or equivalent). Applicants must have completed at least two subjects of study (equivalent to 25 University of Tasmania credit points). If an applicant has failed any subjects, the application may be subject to further review before an offer is made

Graduate Entry Pathway

To be eligible for an offer into the graduate entry pathway you must have completed a Bachelor degree (or equivalent) or higher in any discipline in the past 10 years.

Successful completion of any two (2) OUA open access subjects of study (equivalent to 25 UTAS credit points) at the equivalent AQF level, unless otherwise specified.

The minimum ATAR for this program is 65.

Applicants are ranked by ATAR and offers made based on the number of places available. In 2024, the lowest ATAR to receive an offer into this course was 65.5. The lowest ATAR to receive an offer may change from year to year based on the number of applications we receive.

Applicants who have recently completed senior secondary studies but have not received an ATAR may still be eligible for admission. We will consider your individual subject results on a case-by-case basis when we assess your application.

Completed a Diploma, Advanced Diploma, or Certificate IV (or equivalent) in any discipline.

If you’ve completed one of the VET qualifications listed below you are guaranteed both entry and credit into the Bachelor of Business. You will need to choose a study plan which contains a major relevant to your qualification.  

• FNS50222 Diploma of Accounting- credit given is 100 credit points
• BSB50420 Diploma of Accounting- credit given is 100 credit points

Applicants without senior secondary, tertiary or VET / TAFE study can complete a personal competency statement. Applicants may be eligible for an offer if they have relevant work and/or life experiences which demonstrate a capacity to succeed in this course.

You may be eligible for advanced standing (i.e. credit) in this degree if you:

• Have completed an award such as a Diploma or Advanced Diploma from the University or another institution (see the list of articulating VET/TAFE courses in the Articulation section of the course page).
• Are currently studying another Bachelor degree at the University or at another institution;
• Have completed a Bachelor degree at the University or an equivalent award from another institution.

More information is available here.

In addition to these formal agreements, we also offer credit for a wide range of other VET qualifications. Generally, you can gain credit for your TAFE/VET study if: 

• It’s in a similar study area as your proposed university study, 
• Is at Diploma of Advanced Diploma level, and 
• It was completed no more than 10 years ago. 

Visit our TAFE and VET students website to learn more about articulation, and how to apply for credit into this degree.