M2015 Bachelor of Psychological Science and Business

The course develops through three themes of psychology and business fundamentals and foundational skills, research methods and critical thinking, and psychology in business practice. These together underpin the discipline of psychology.

Part A. Psychology and business fundamentals and foundational skills

These studies will develop your understanding of core areas of psychology, including knowledge of the theoretical and empirical basis of our current understanding of human psychology. You will also develop a broad foundation in business studies that will prepare you for your chosen area of business practice.

Part B. Research methods and critical thinking

These studies will assist you to develop an understanding of the scientific method and use this knowledge in order to critically evaluate contemporary and historical claims relating to human behaviour and mental processes and to apply this knowledge to the generation of new research questions.

Part C. Psychology in business practice

This is the component of the course through which you will develop further skills and knowledge in psychology together with advanced understanding of your chosen area of business practice including: applied economics, banking and financial management, business law and taxation, econometrics and business statistics, international business management, management, or strategic marketing.

Course progression map

The course progression map provides guidance on unit enrolment for each semester of study.

The course comprises 144 points. The course develops through theme studies in: Part A. Psychology and business fundamentals and foundational skills (78 points), Part B. Research methods and critical thinking (12 points) and Part C. Psychology in business practice (54 points).

Units are 6 points unless otherwise stated.

Students who are considering an honours year in business should seek course advice when choosing units from a business area.

Part A. Psychology and business fundamentals and foundational skills (78 points)

You must complete:

a. The following seven units (42 points):

• PSY1011 Psychology 1A
• PSY1022 Psychology 1B
• PSY2061 Biological psychology
• PSY2071 Developmental psychology
• PSY2042 Personality and social psychology
• PSY3032 Abnormal psychology
• PSY3051 Perception and cognitive psychology

b. The following six units (36 points):

• ACW1020 Accounting in business
• BTW1042 Malaysian business law
• ECW1101 Introductory microeconomics
• ETW1001 Introduction to statistical analysis
• MGW1010 Introduction to management
• MKW1120 Marketing theory and practice

Part B. Research methods and critical thinking (12 points)

You must complete:

• PSY3062 Research methods and theory
• PSY3250 Positive psychology 

Part C. Psychology in business practice (54 points)

You must complete:

a. The following two units (12 points):

• PSY2112 Organisational psychology
• PSY3041 Psychological testing, theories of ability and ethics

b. Seven units (42 points) from one of the following business areas:

Applied economics

You must complete:

a. The following four units (24 points):

• ECW1102 Introductory macroeconomics
• ECW2730 Macroeconomic policy
• ECW2731 Managerial economics
• ETW2001 Foundations of data analysis and modelling

b. Three units (18 points) from the following:

• ECM3670 Development economics
• ECM3810 Public sector economics
• ECW3143 Economics of money and banking
• ECW3301Case studies in international trade
• ECW3830 Business, competition and regulation

Banking and financial management

You must complete:

a. The following six units (36 points):

• BFW1001 Foundations of finance
• BFW2140 Corporate finance 1
• BFW2401 Commercial banking and finance
• BFW2751 Derivatives 1
• BFW3121 Investments and portfolio management
• BFW3841 Credit analysis and lending management

b. One* unit (6 points) from the following:

• BFW2341 International financial management
• BFW3120 FinTech and its impact on global finance and banking
• BFW3540 Modelling in finance
• BFW3651 Treasury management
• ETW2510 Introduction to econometrics

* If you want to pursue the Banking and Financial Management major you must complete two units (12 points), with at least one unit at level 3.  Contact the course coordinator to discuss.

Note: Not all units are offered each year, refer to the handbook for information.

Business analytics

You must complete the following seven units (42 points):

• ETW2001 Foundations of data analysis and modelling
• ETW2440 Business modelling and analytics methods
• ETW2472 Project management analytics
• ETW2500 Statistical learning
• ETW3420 Principles of forecasting and applications
• ETW3482 Data mining for business
• ETW3483 Applied analytics

Business law and taxation

You must complete the following seven units (42 points):

•  
• BTW2213 Malaysian company law
• BTW2241 Comparative workplace relations law
• BTW2320 Current issues in corporate governance
• BTW3153 Malaysian income tax law
• BTW3201 International trade law
• BTW3233 Conventional and Islamic finance law
• BTW3281 Marketing law

Econometrics and business statistics

International business management

You must complete seven units* (42 points) from the following:

• BFW2341 International financial management
• BTW3201 International trade law
• ECW2721 Trade finance and foreign exchange
• ECW3301 Case studies in international trade
• MGW2351 International business
• MGW3122 Business strategies in international markets
• MGW3681 International management
• MKW3444 International marketing

* If you want to pursue the International business management major you must complete two units (12 points), with at least one unit at level 3.  Contact the course coordinator to discuss.

Management

You must complete:

a. The following two units (12 points):

• MGW2230 Organisational behaviour
• MGW3401 Strategic management

b. Five units (30 points) from the following with at least two units (12 points) at level 3:

• MGW1011 Career development and planning or MGW1100 Managerial communication or MGW1232 Introduction to Islamic business
• MGW2351 International business
• MGW2430 Human resource management
• MGW2530 Developing human resources
• MGW2840 Leveraging behavioural neuroscience for business impact
• MGW2991 Leadership in Asia
• MGW3122 Business strategies in international markets
• MGW3130 Organisational change and development
• MGW3234 Social entrepreneurship
• MGW3381 Management information systems
• MGW3681 International management

Strategic marketing

You must complete:

a. The following six units (36 points):

• MKW2402 Consumer behaviour
• MKW2420 Marketing research methods
• MKW2460 Integrated marketing communication
• MKW3000 Strategic branding
• MKW3301 Services marketing
• MKW3610 Marketing strategy and implementation

b. One unit (6 points) from the following:

• MKW2431 Business marketing
• MKW2500 Retail marketing
• MKW3300 Introduction to social commerce
• MKW3444 International marketing