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First Year Guide 2
2
First Year Guide 3
2
1. PRESIDENT’S WELCOME ……………………………………………………………….. 4
2. GREETINGS FROM EDUCATION DIRECTOR ………………………………………... 5
3. MEET OUR TEAM …………………………………………………………………………. 6
4. FIRST YEAR TIPS AND TRICKS ………………………………………………………... 7
5. UTS BUSINESS SCHOOL TIP ………………………………………………………….. 10
6. NAVIGATING YOUR WAY AROUND CAMPUS ………………………………………. 11
7. GETTING INVOLED ………………………………………………………………………. 12
8. START THINKING ABOUT YOUR CAREER …………………………………………... 14
9. KEEPING MENTALLY COOL ……………………………………………………………. 15
10. SUBJECT REVIEWS …………………………………………………………………….... 16
First Year Guide 4
2
I understand first-hand how daunting it is to start a new degree and to adjust from a school
environment to university life. Considering that the UTS Business School is the largest faculty
on campus, it’s easy to feel like a small fish in a big pond. That’s where the UTS Business
Society (BSoc) steps in - we are a dynamic student-run organisation that strives to enhance the
university experience for our members through educational, vocational and social development
programs and events.
As the President of BSoc, I pledge to you that we will continuously strive to serve the needs of
all Business students. With hard-working and focussed Directors across all seven portfolios as
well as a dedicated General Committee and fellow Officers; we hope to further improve the lives
of business students. We are working hard this year to provide academic support to our first
year students, greater volunteering
opportunities, varied sporting events, a more
diverse selection of careers-sponsored
opportunities as well as bigger and better social
gatherings. We hope to encourage further
networking and connections between students
so as to further prepare them for their working
careers in the future.
We welcome all feedback and we appreciate
continual engagement with our newest
members. As an approachable and friendly
Society with a laid-back and down-to-earth
culture, we welcome all. BSoc would not have
become one of the largest Societies on campus
if it weren’t for our rapid growth and expansion
in recent years.
I encourage you all to throw yourself into University life - whether it be BSoc or any of the
multitude of societies and sporting clubs on offer. Extra-curricular involvement will cause you to
make friends for life and will make you truly enjoy the next few years. Furthermore, focus upon
your career ambitions into the future by studying hard from your very first semester as well as
expanding your networks that you will ultimately rely upon.
I would like to extend my appreciation to our Education Director, Ashleigh Blumor, in addition to
her incredibly supportive team: Lachlan Peden, Sara Pacey, Chris Stevenson and Feras
Hamdan. A lot of hard work has gone into creating our inaugural First Year Guide and we hope
you appreciate the tips and secrets that we have shared with you.
Matthew Thompson
First Year Guide 5
2
To those firsties I have already had the
pleasure of meeting and those of you who I
am yet to meet, it is with great pleasure that
I welcome each and everyone of you to the
UTS Business Society and of course, your
first year of university.
I am sure, as many of you will have already
discovered, that starting university in an
unfamiliar environment, with unfamiliar
people and unfamiliar subjects can be quite
overwhelming at times. But rest assured, it
does get easier and definitely more
enjoyable. Exiting times are ahead of you!
With many friends to make, lessons to be
learnt and social events to attend there is no
reason to fret. The leap may seem large but
remember we’re here to help ease that
transition and ensure you all have an
opportunity to shine.
With that being said, the UTS Business
Society is delighted to introduce our first
ever First Year Guide. Not only does this guide detail handy tips and tricks of how to get the
most out of your degree and university experience, it provides you all with comprehensive
subject reviews, maps of campus and other must know information.
So what are you waiting for?
Get reading and make the most of university experience! Before you know it, you will find
yourself in a graduation gown so make sure your time here is worthwhile. Don’t forget you’re in
control of your own destiny!
Ashleigh xx
First Year Guide 6
2
The UTS Business Society is made up of a strong, diverse and highly passionate group of
officers, directors and general committee members. If you happen to run into any of these
amazing people on campus please do not hesitate to say hello or ask a question. I promise they
don’t bite!
PORTFOLIO TEAM
OFFICERS President: Matthew Thompson
Vice-President (Autumn): Sareeta Shah
Vice-President (Spring): Kathy O’Halloran
Secretary: Isabelle Martin
Treasurer: Mikhail D’Silva
Chairperson: Fiona Newton
CAREERS Director: William Tan General Committee: Jonothan Lam, Claire Tocchet, Diyomira De Silva and Lauren Grasso
EDUCATION Director: Ashleigh Blumor General Committee: Lachlan Peden, Sara Pacey, Feras Hamden and Chris Stevenson
SOCIAL JUSTICE Director: Anton Mallach General Committee: Annalise Giardina, Joel Giezekamp and Matthew D’Cruz
MARKETING Director: Ryan Orkin General Committee: Emily Munro, Erin Meier, Nicole Staff and Natalie Planinic
SOCIALS Director: Tegan Andrews General Committee: Emily Whitaker, Alex Robertson and Tyler Wilson
IT Director: Liyisa Li General Committee: Michael Garbuz, Janice Ly and James Gregory
First Year Guide 7
2
GURU TIP Alex Get involved as much as possible! Don’t limit yourself to just your
classes, you’re surround by an endless amount of opportunities – Join societies, play social sport and utilise what’s made available to you. So give it a go, you won’t regret it!
Annalise Try to make notes on each subject immediately after each lecture. The content will still be fresh and it will also mean you are less likely to be behind on note taking.
When you walk into a lecture or tutorial, never sit by yourself! It's always better to be surrounded by others as it is a great opportunity to make friends and you can also assist each other if the content becomes difficult.
Unlike school, your lecturer's and tutors will not remind you when an assignment is due! Keeping a 'week at a glance' diary is recommended so you never forget what important tasks are coming up.
Ash University can be anything you want it to be. Put yourself out there, make the effort to meet new people and enjoy the best years of your life.
Chris Always keep in mind that your University degree will be the greatest investment you make...an investment in yourself! Always give it your all & never stop trying to better yourself.
Claire Try not to choose classes with friends from school or people you already know. Uni is about new experiences and meeting new people, so try your hardest to open yourself up and become willing to put yourself out there. You never know, you could meet a future colleague, future best friend or an amazing study partner. Don't close yourself off to the possibilities of uni life.
Emily M Enrolling in U:Pass sessions not only help you collaboratively work towards better results, but are also a great way to interact with likeminded students.
Erin Use your breaks between classes wisely in order to complete
First Year Guide 8
2
any readings, assignments or homework that may be due rather than waiting until you get home. The earlier you get things done, the more time you’ll have to yourself later!
Don’t forget to check your emails regularly as lecturers and subject coordinators use it to send through vital course information or any changes that may be occurring in terms of due dates and times.
Feras Your time is limited; don’t just spend it behind your text books and studies. Don’t be trapped by the fear of grades is everything, which is the result of self-induced fear. Get INVOLVED. Get NOTICED. Become SOMEONE. Be active in your university as much as possible. Whether it is joining societies or meeting new friends, don’t be a shadow among peers, become a friend among future leaders. (P's get degrees)
Fiona Never stop smiling, it's contagious!
Jack Don't be afraid to introduce yourself to other people in class, you never know who’s sitting next to you.
James G Make uni easier for yourself, be consistent with your work and you'll thank yourself in the end. Get involved in the social life but don't forget to study.
James H Happy Hour jugs are 12 – 2.
Janice At uni you're bound to have some questions while studying. Don't hesitate to ask your lecturers or tutors if you need to know something or to repeat something. Send them emails or ask them after class. They will be willing to help you.
Jasmin Don't let uncertainty or the unknown stop you from attending uni social events. It's one of the best ways to meet new people and make friends
Joel Where possible, always buy textbooks second-hand... It's a good way to save money, so that you'll be able to effectively invest in your weekly meat box diet.
Kathy No-one likes homework or assignments but just do it. When it comes to your final exams you’ll be thanking yourself you only need to get 20/50 rather than 40/50 like the guy sitting next to you who didn’t bother with either.
Lachlan Studying is only half of the uni experience. Don't short-change yourself, go join a society and get involved!
Lauren My tip would be to meet as many people as possible and attend lots of networking events!
First Year Guide 9
2
Matthew UTS offers free and confidential counselling for anybody who is having personal, psychological, study-related and administrative difficulties; remember that this isn't your only support network since you will always have your family and friends behind you.
Michael Don't be scared to start a conversation with someone. You never know what it could lead to. Everyone's in the same boat as you so best sail together rather than alone.
Natalie My tip is to set goals. Short, medium and long term goals to help you stay motivated throughout the semester and give you a sense of certainty. These goals can be related to both studying and achieving certain results as well as getting involved in societies and Uni events.
Nicole Uni is a place to meet all kinds of people, so don't be afraid and take every opportunity to go to different events and interact with new and unique people.
Ryan University is also an incredible opportunity to network so make an effort to speak to lectures and tutors and go to networking events as it's so important to have those connections and build your network. It opens a lot of doors after graduating.
Sahara Go to as many events as you can that you see happening around uni, even if it's something you don't think will interest you or if you don't have any other friends going. You never know what you could gain for it or the friends you could make, worth a shot and they might end up being some of your most memorable uni moments.
Sareeta University life can be whatever you want it to be. Whether it's achieving good grades, travelling, or just being a continuous party. But only YOU can make that happen. If you want to chase after your uni dream, you have to take the steps, put in the effort and take action!
Tegan Uni is an amazing opportunity not only to learn, but also to put yourself out there and make new friends as well as grow in confidence! It is really beneficial to get involved in uni life such as sport, or societies or academic centred activities. However long your degree is you don't want to look back on the experience and regret not getting more involved!
William Unsure about where a career in business can take you? Come along to our events and network with peers, society members and our sponsors - what's stopping you?
Yvonne You only get out as much as you put in!
First Year Guide 10
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UTSOnline is the portal to your subjects: https://online.uts.edu.au/. It is where you find
information and ask general questions. The lecturer should be emailed for personal issues like
what to do if you have been in hospital or need to attend a wedding – as bride or groom.
MyStudent Admin: https://onestopadmin.uts.edu.au/estudent/ is the place where you manage
your enrolment or in person to Student Admin in Building 10 (street level – half way down on the
left).
If you have any questions ask – no one at UTS knows everything – ‘can I study at UNIS -
University Centre in Svalbard*?’ (The answer is probably – but it is the process of studying
overseas starting with International Programs that is important).
For first year students, especially first in family to attend university it can be a big scary place
and part of the role of the Transition Coordinators is to simplify that. We are fascinated that we
have a Dean, Deputy Dean, three Associate Deans and five Heads of Discipline Groups – but
that is not relevant to first year students – like the VC, Provost and four Deputy VC’s –
governance is not important but how can I complain (go to the Students Association if you feel
no one is listening).
* UNIS is located in the settlement of Longyearbyen on the Norwegian archipelago of Svalbard
in the High Arctic – I believe it is the University geographically furthest from UTS (some would
nominate Greenland’s only university but the university only admits Greenlandic speaking
students – which excludes most UTS Business students).
Jonathan Tyler
Deputy Head of School,
Accounting Discipline Group
First Year Guide 11
2
You would have figured out that there’s more to UTS than just the big Jenga-like building. With
that in mind, you may have difficulty finding your way. But before you know it, you’ll be navigating
your way in no time. In the meantime, you may want to make use of the interactive maps
available on the Lost on Campus App, download it now!
First Year Guide 12
2
You get so much advice in the months before starting university that you can often feel
overwhelmed and not sure where to first begin.
It is fine to be completely lost before you start university. The first couple weeks, are the
days that you are curious and excited to start the new chapter of life, but also
overwhelmed and worried of what lies ahead. One of the major factors contributing to you
being happy at university is the sense of belonging, and in order to feel that you belong in
university, you need to get involved.
So you might be thinking, who I am to tell you what to do, or just wondering how do I
know all this? The answer is pretty simple. I have been in your shoes.
When I first started uni I remember accepting my offer and thinking to myself do I know anyone doing my degree? Apart from one or two people in the years above me, I knew absolutely no one. I was lucky enough though to attend the Business Society’s Orientation Camp and since then have not looked back. The people I met that weekend, I still regularly catch up with, whether it is during uni, or over the weekend. But unfortunately, by the time you receive this, the Business Camp would have already been completed. Luckily though the year just gets bigger and better. Apart from all the social events the Business Society runs, like the infamous Start of Semester party, which attracts approximately 500 people, most, which are first year students, curious in developing friendships and understanding what uni life is about, BSOC is also running many events this year such as the Peer Mentor program or the Inaugural BSOC Pub Crawl which will give you the opportunity to enjoy university life a lot more as it builds your relationships, hence giving you that sense of belonging and making you feel involved. Apart from getting involved through the business society, there’s also plenty of other
interesting ways to make that transition from school life, to university life much easier!
Randomly striking up conversations with other students, either in lectures, at the
Underground or even on study breaks will introduce you to new activities, new ideas and
most of all new experiences. A simple hello never goes wrong. It’s how I actually met one
of my closest mates. Getting to know people is the easiest way to feel as though you
belong. Yes, everyone has his or her school friends, but with uni being the main part of
your life for the next 3+ years, simply knowing one or two people who have the same
timetable as you will make getting out of bed at 8am to go to uni much easier! It alleviates
the stress of homework or study but also gives you a friend you can share stories with
over a drink after or during a long day.
BY JAMES HUGHES
First Year Guide 13
2
In addition to this joining one or two societies you care about, surrounds you
with people who have similar interests. Yes, it may be a bit expensive but it
involves you with people who actually want to talk about things you do, as well
as allowing you to build strong relationships and network with people you might
not necessarily have met, whilst still having fun and learning new things.
Lastly, there’s the less obvious part of getting involved around uni. Helping
out the community by volunteering in many activities such as Blood Drives,
The Big Lift Program or just even helping international students with class work,
is not only a fulfilling experience but also opens your horizon to many
experiences that would have not been experienced by sitting around and doing
nothing. Extra-curricular activities also have many more benefits especially
making you immediately become more attractive to future employers, in
addition to demonstrating your initiative, curiosity and independence.
So whether it’s joining BSOC at one of its social events, or grabbing a beer at
the Loft with the person who sits next to you in accounting, {yes accountants
can have lives too}, getting involved around uni is a vital part of making sure
you enjoy the next 3+ years of your life!
First Year Guide 14
2
As a business student, it was not until I was in
my later years of university where I saw the
importance of obtaining experience within my
chosen field of study. Within my second year I
was given the opportunity to become a Cadet
Accountant within Business Services and Tax
at a leading Audit and Advisory firm, Mazars
Australia. This has given me the chance to
experience accounting within a practical setting
rather than theoretically through my studies.
My biggest tip to first, second and final year
students is to be proactive in terms of job
searching, attending company related
information sessions and networking with
cadets, graduates and recruiters. I was never
active within my first year of study and hadn’t
done adequate research into companies that I
would like to work for someday. In the early
stages of my second year, I took initiative to
attend as many information and networking
events as I can and set the aim to leave with
either a new contact on LinkedIn or a business
card. From my attendance, I met new friends
who were connected to various companies and
had often asked on occasion whether I was
looking for professional experience.
In essence, I’m just your regular student with
grades that are easily achievable however; the
biggest difference between the average
student and myself is that I was active within
the events offered by the UTS Business
Society. I urge the importance of attending
information events and ask questions in
relation to the career you’re interested in, as it
may ultimately lead you into a job whilst or
after completing your degree at university.
CONSIDERING A CADETSHIP? FERAS HAMDAN
You’ve just started uni, are still figuring out your life and fret about
the idea of having to start thinking about your career. Well, it
doesn’t have to be this big gloomy cloud of grey.
Whilst you may not know where you want to end up when you
graduate, it’s important that you start developing your soft skills
from the get go! Employer’s look for graduates that have
communication, teamwork, amongst other handy abilities and
these can be constantly refined and developed. This may be
through a part time/casual job, getting involved in university
programs or even partaking in team sport. Whatever it is, it is
important that you set goals and identify the skills you would like
to work on to create the best employable you!
If you have a particular career set in mind, then what are you
waiting for, go for it! Try to engage in internships or cadet
programs; seek the experience you so desire. And for those that
are clueless, have no fear, try to engage in many different
opportunities and experiences to figure out what you do and don’t
like.
The UTS Business Internship subject offered under most majors,
is an invaluable way to get the much-coveted employment
experience. In addition, the Business Society runs a range of
events throughout the year where you can meet prospective
employers and start to understand your career interests.
The UTS Careers Service comes quite handy when considering
your career. They offer career consulting, great advice and
assistance in finding employment opportunities. In addition, they
run work-ready programs and assist with resumes, applications
and interviews. Feel free to swing by and attend a 15 minute
Drop-In session. They are open from 10am to 4pm and are
located in Building 1, Level 4, Room 13. What’s even better, is
that no appointment is necessary so what are you waiting for!
Visiting the Career Hub
https://careerhub.uts.edu.au/students/login?ReturnUrl=%2f is a
must. It is a useful tool where you can check out job
advertisements, career events and more.
Never say never, and give things a go and remember there’s lots
of support here at UTS!
BY YVONNE NEHME
First Year Guide 15
2
Beginning uni is one of the most exciting times in our lives but also one of the scariest.
New friends to be made, getting lost on campus; it’s all a part of the experience.
It’s no secret that starting uni can bring a lot of nervousness and anxiety. You’ve just left
the high school bubble and are stepping into the big pond that is UTS.
So here are a few tips to make that transition that little bit less stressful.
You’ll be late a few times… Don’t sweat it!
Back in high school, attendance was checked every class and failure to do so had a real
impact on your marks. In uni, while it’s obviously important to try hard and work for those
HD’s, if the weather at the beach is too great or if another game of pool at The
Underground beckons, it’s ok to rock up a little late once in a while.
Everyone’s in the same boat.
Undoubtedly, one of the most nerve-wracking parts of starting uni is leaving your high
school group behind and finding new people to hang with. You definitely shouldn’t get so
nervous about being in this situation. Everyone you meet in the first few weeks of uni will
be going through exactly the same thing, so walk up and have a chat, you wont regret it.
Another great way to meet new friends at uni is to sign up to clubs (like BSoc, hint hint )
and go to their events where you’ll meet people with similar interests to you.
If things get a bit tough, have a chat about it.
When you’re up to your neck studying for finals, writing big papers and still trying to make
it to the pub for students’ night (Wednesdays) things can get a little crazy. It’s perfectly
normal to be feeling overwhelmed by these things, you won’t be the only one! If you do
feel a little down, have a chat to the crew at Batyr (confidentially message them here
https://www.facebook.com/BatyrUTS/) who love listening and helping you with any stuff
you might be going through.
Get organised
The key to a (relatively) stress free semester is organisation! Be sure to enrol in your
subjects early (they’ll fill up), be proactive with group assignments and try to find some
time every week to allocate to studying, it’ll make all the difference!
BY ANTON MALLACH
First Year Guide 16
2
22107 Accounting for Business
Decisions A
Accounting for Business Decisions A provides first
year students, like yourselves, with an overview of
the role of accountants and accounting information
in the business environment, including applying
accounting information in external and internal
decision contexts of a business and preparing
internal and external financial statements.
Each week you will have a lecture and a tutorial. The
concepts developed and learnt in the lecture are
tested in your weekly tutorial questions and the
tutorials are used as a means of analysis and
understanding.
In regards to exams and assessments Accounting
for Business Decisions A consists of a Mid-Semester
and an End-of-Semester exam, which are weighted
accordingly. However, you may or may not have the
opportunity to participate in and create your own
screencast for 10 EXTRA and I am talking about 10
EXTRA marks.
Having said all this, the best thing about this subject
is the lecturer. I don’t want to ruin the surprise but let
me tell you J-T is the bomb! Again, University and
definitely 22107 is not about who is the smartest or
who knows the most about debits and credits, this
subject will reward those students who complete all
their tutorial homework, listen and attend lectures
and simply believe.
22207 Accounting for Business
Decisions B
Similar to Accounting for Business Decisions A,
B involves a lecture and a tutorial per week.
However, unlike 22107, 22207 equips you with
the appropriate accounting skills necessary to
participate in a managerial, rather than a
financial capacity, including the skills to facilitate
and enhance decision-making, accountability
and control. Ethical implications of decisions are
also considered throughout the course of this
subject.
Each lecture, again focuses on a certain topic
which is carried through into homework and your
tutorial each week. Again it is imperative to
attend tutorials for attendance marks, answers
and the all-important random homework checks
(same as Accounting for Business Decisions A).
However, dissimilar to 22107, 22207 involves a
large Mid-Semester project, which incorporates
the use of MYOB.
This assignment requires time, the library and
the TEXTBOOK!
TIP 101: If you want to do well in this
subject, homework is a MUST! Not only
does it test what you have learnt in the
lecture, it forces you to apply the
information to more complex scenarios
AND in order to know whether or not you
are on the right track, one must attend the
tutorials!!! Answers are NOT available
online, nor do they become available
online at the end of the semester.
If I can give you one tip in this
subject it would be to obtain the
MYOB textbook! The library has it,
so if you can’t buy it borrow it! This
assignment definitely tests ones
patience and concentration but grab
a friend or two and the time will
easily pass.
BY ASH BLUMOR BY ASH BLUMOR
First Year Guide 17
2
25300 Fundamentals of
Business Finance Fundamentals of Business Finance provides a thorough overview of key concepts central to finance, including time value of money and its application to calculating present and future values, the valuation of debt and equity, capital budgeting and ascertaining the optimal capital structure. I certainly enjoyed Fundamentals of Business and its emphasis on practical financial skills. The subject explained foundational concepts in a coherent manner, and it was great to have the opportunity to assemble a team to complete the group assignment, allowing you to obtain further experience in working alongside a team. I also found the course layout to be very beneficial, in that the introductory time value of money, present value, future value and annuity topics are covered at the start of the course. This allows students to develop a strong understanding of these concepts before applying them in a more practical context with equity and debt valuation, and capital budgeting. As this subject is very practical and hands-on, the key to excel in it is to practice calculations and problem questions again and again and again! The best way to do this is to ensure you complete all tutorial homework each week, as well as the tutorial in-class questions, and ask your tutor any questions you may have…don’t worry they don’t bite! It is also essential to ensure you develop a thorough understanding of the topics covered in the first few weeks, as the application of present value for example, is recurrent throughout the course. As a result, if you have a good understanding of these initial topics, then you’re less likely to become confused when the concepts are applied in more complex contexts.
23115 Economics for Business
Economics for Business provides a thorough, foundational understanding of macro and microeconomics. It explores essential economic concepts such as supply and demand, elasticity, aggregate demand and supply, as well as the effect of government monetary and fiscal policy on the macro economy. I found the subject to be highly informative and interesting. The subject comprehensively covers key economic concepts in an easy to understand manner, while linking economic theory to practical situations, for example, the impact of a price ceiling on the rental market in New York, to demonstrate the fallacy of government intervention in free markets. I liked the separation made between macro and microeconomics, as it enabled students to get a good grasp of certain concepts on a smaller scale and then apply them on a larger scale in macroeconomics. The key to excel in Economics for Business is to complete all tutorials each week and stay up to speed with the content covered in lectures. Often the concepts will build upon each other, for example, the effect of government policies on the free-market forces of supply and demand. As a result, it is essential to develop a strong understanding of these earlier topics to better understand the interaction between them and subsequent topics. Furthermore, it is crucial to give full attention to the online quizzes and news analyses. These assessments constitute a significant portion of the course: 40% and they serve as an excellent preliminary way to ascertain how well you are understanding the content as you progress through the course.
BY CHRIS STEVENSON
BY CHRIS STEVENSON
First Year Guide 18
2
26134 Business Statistics Business statistics is a subject that analyses
data in relation to interpreting probability,
estimation and risk of certain environmental
changes within business from occurring. The
subject allows for students’ to adopt a critical
mindset to determine the statistical estimation
of events such as determining a population size
affected by certain economic conditions through
the use of sampling. Moreover, students are
exposed to an analytical understanding of
mathematical principles and statistical models
such as hypothesis testing, ANOVA and
Regression analysis, which are greatly
appreciated within the finance major.
I found the subject to be quite challenging
however, it was rewarding once I understood
the statistical framework. Business Statistics
allowed me to develop a heightened
understanding within analysing business trends,
risks and the probability for certain events
occurring in the economy. It also served as an
introduction to many subjects faced within the
accounting and finance majors.
I believe the key to excel within Business
Statistics is to consistently maintain regular
attendance within lectures and tutorials. My
biggest pro tip for achieving a great mark within
Business Statistics is to practice tutorial
questions on a regular basis as well as
maintaining interaction within class so you are
prepared to ask and answer questions. Lastly, if
mathematics seems a little daunting you can
utilize the UTS U: PASS program to its fullest
advantage. U: PASS is a student run initiative
that provides free tutelage and extra content to
assist with subjects such as Business Statistics.
24108 Marketing Foundations Marketing is a vast subject that utilises basic concepts of economics to explain factors that affect consumer demand with reference to micro and macro factors that afflict business decisions. Students will obtain a thorough understanding of the microenvironment, which are forces within businesses control that affect the following stakeholders; Customers, Clients, Partners and Competitors. In a wider picture, students will gain an understanding of the political, social, technological, legal and economic forces, which is the Macro environment that is not within businesses control. The Micro and Macro environment work together to achieve and regulate Business practice to ensure fair competitive consumer markets. The subject gave me the ability to think creatively through the informative lectures, practical hands on tutorials and assignments, which involved team collaboration. Moreover, it gave me the opportunity to pitch a mock market research proposal as a Nike Executive to provide management with a marketing plan. The assignment gave me the abilities to assess consumer behaviour as well as how certain Nike products are positioned to appeal to different age, cultural and lifestyle groups. The subject focuses on marketing theories that continually build up throughout the semester, so it is imperative to regularly attend lectures and tutorials. The group assignment is provided to students earlier in the semester and it is important to attend tutorials to discuss and facilitate discussions within the team regarding your Marketing Report as well as mock Presentation.
BY FERAS HAMDAN BY FERAS HAMDAN
First Year Guide 19
2
26100 Integrating Business
Perspectives (IBP)
IBP is all about giving students an understanding of the business landscape and the relationship with its environment with a focus on social issues, like sustainability. In class you will be asked to consider this wide range of factors in order to create a viable business concept. A large part of this subject will include group work where you will develop a business concept with some members of your tutorial. You can use this as an opportunity to make new friends at uni and to gain some valuable teamwork experience. Don’t forget to make the best of your tutorials as it will probably be the most convenient time for your group to work together on your concept Participation in tutorials is also vital, not only because attendance is marked, but also because of the in class activities that take place. Initially these activities may seem arbitrary but they are in fact designed to help you through the process of forming your business concept. If you engage with the activities and use them as a guide, developing an original and viable business concept will become much easier. For most business students IBP will also be the first time you will write an essay at university. One of the most common mistakes made when it comes to academic writing is regurgitating subject material rather than forming an argument and critically analysing information. Remember that proper referencing is crucial. You can find a detailed guide to Harvard UTS referencing on the UTS Library website. If you’re not entirely confident in your academic
writing skills, pay a visit to HELPS.
BY LACHLAN PEDEN
21129 Managing People and
Organisations (MPO)
MPO introduces students to the fundamentals of management. It is designed to provide an understanding of major theories and their application to contemporary managerial issues. Understanding these managerial theories is essential to success in MPO. On a weekly basis, students will be asked to complete one reading and then are required to answer questions on it. Weekly readings are supplemented with a list of related articles for further study and reference. Having a firm grasp on all the readings is necessary, particularly when you use them in your essays. Some students might extract key words or phrases that support their argument, however without proper understanding of what the author is trying to demonstrate, the quote can be misused. MPO will involve a degree of group work, however unlike IBP and marketing it is not assessed. In your groups you will be expected to discuss the weekly reading questions and on occasion, prepare a visual presentation on a management concept. Group work in MPO is a case of ‘you only get out what you put in’; if you make the effort, it can be truly rewarding. Like IBP you will be required it write two essays, this time however you will be expected to carry on your choice of topic area from the first essay. Therefore try to choose a topic that interests you and that you are fairly knowledgeable in. Unlike other business exams you will take in your first year, MPO’s final exam is solely comprised of multiple choice questions. But remember that all lecture and tutorial work, including readings, is assessable.
BY LACHLAN PEDEN