University of Otago logo
  • Tuition Fee:
  • Local: $ 3.19k / Year
  • Foreign: $ 15.8k / Year
  • Languages of instruction:
  • English

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    The Bachelor of Commerce (BCom) degree programme enables each student to develop his or her own interests in business and related subjects. Students are able to create individualised courses using a range of papers offered across teaching departments in the School of Business and University as a whole. Students have the flexibility within the BCom degree to combine two specialisations and graduate with a double major.

    Finance is a modern and fascinating discipline dealing with money, markets and valuation, that is relevant to all aspects of business and personal and professional planning. Professionals in finance are involved with a myriad of issues in investments, planning and risk. The subject is often confused with accounting. However, while both deal with money and value, accounting is concerned with systems of control, and recording and reporting the results of historical transactions. By contrast finance is concerned with the relationship between investor expectations about the future and current market values. By focusing on markets the subject can also be confused with economics. However economics deals with broad issues of resource allocation, whereas finance focuses more narrowly on how markets value risk and the implications for investment, financial planning, shareholder wealth and corporate governance.

    Two recent trends have fuelled the value of finance as a mature, globally recognised profession and underpin its relevance for the 21st century. The first is the world-wide move to deregulation and the opening of markets which has coincided with an almost universal appreciation of the importance of capital and investment for growth and prosperity. The second is the rush of theoretical developments in the discipline which has provided the tools to manage risk and return. The impact has been extreme. There are few businesses today that are not acutely aware of the significance of markets and financial planning for their viability.

    Detailed Course Facts

    Tuition fee
    • EUR 3191 Year (National)
    • EUR 15772 Year (International)

    International: 24530NZ$. National:4,963.00NZ$

    Start date 2016 Credits 360
    Duration full-time 36 months Languages Take an IELTS test
    • English
    Delivery mode On Campus Educational variant Full-time

    Course Content

    Every degree programme

  • shall consist of papers worth not less than 360 points,
  • shall include at least 180 points for papers above 100-level of which at least 72 points shall be for papers above 200-level,
  • shall satisfy the requirements for at least one of the major subjects listed above. No paper above 200-level may count for more than one Major Subject Requirement,
  • shall include the following Required Papers*: BSNS 102, BSNS 103, BSNS 104, BSNS 105, BSNS 106, BSNS 107, BSNS 108
  • may include one or more optional minor subjects listed above. No paper may count for both a Major and a Minor Subject Requirement or for more than one Minor Subject Requirement unless that paper is at 100- or 200-level and is specified as compulsory for both Requirements,
  • may include papers which are not listed below
  • up to 90 points; or
  • as specified in the Major Subject Requirements; or
  • as specified in the Minor Subject Requirements.
  • * Note: These papers should normally be completed before enrolling in 300-level Commerce papers.


    • BSNS 102 Quantitative Anaysis for Business
    • BSNS 107 Understanding Accounting
    • BSNS 108 Business Finance
    • FINQ 102 Business Mathematics
    • Grades of at least C+ in the BSNS papers are normally needed in order to proceed to 200-level FINC and ACFI papers
    • BSNS 103 Marketing and Consumption, BSNS 104 Principles of Economics 1, BSNS 105 Management and Organisations, and BSNS 106 Information and Communication in Organisations, must normally be taken before enrolling in 300-level Commerce papers


    • FINC 202 Investment Analysis and Portfolio Management
    • FINC 203 Financial Data Analysis
    • ACFI 201 Corporate Financial Decisions


    • FINC 302 Applied Investments
    • FINC 303 Financial Management
    • Two further 300-level papers, (one must be a FINC paper, and the other must be a FINC, ACCT or ACFI paper)


    • 90 further points; must include 54 points at 200-level or above.
    • May be taken from outside Commerce

    Every BCom programme must include BSNS 102-108. 100-level BSNS papers need not all be taken in the first year of study; all 100-level BSNS papers must normally be passed before enrolling in 300-level Commerce papers.

    STAT 110 or STAT 115 will be accepted as an alternative to BSNS 102 as a required paper or as part of the major subject requirements or as a prerequisite when:
    (a) the paper has been passed before the student has enrolled for a BCom degree; or
    (b) a student is enrolling for both a BCom and another degree for which STAT 110 or STAT 115 is required.

    Total points 360


    English Language Requirements

    IELTS band : 6 CAE score : 58 TOEFL paper-based test score : 550 TOEFL iBT® test : 80

    To study at this university, you have to speak English. We advice you to

    take an IELTS test. More About IELTS


    NCEA National Certificate in Educational Achievement

    • 10 Level 2 credits in approved literacy (5 in reading, 5 in writing)

    CIE Cambridge International Examinations

    • Grade E or better in AS English

    IB International Baccalaureate

    • English at Higher or Standard level in Language A: literature, or Language A: language and literature; or at Higher level in Language B

    NZUEBS New Zealand University Entrance Bursaries and Scholarships

    • English mark of 46% or higher

    IELTS International English Language Testing System

    • 6.0 in academic module (with no individual band below 6.0)

    TOEFL (paper based) Test of English as a Foreign Language

    • 550 Test of Written English 4.5

    TOEFL (internet based) Test of English as a Foreign Language

    • 80 (with a Writing score of 20)

    CPE Cambridge Certificate of Proficiency in English

    • Minimum of 50

    CAE Cambridge Certificate in Advanced English

    • Minimum of 58

    APIEL Advanced Placement International English Language Examination

    • Grade 3 or higher

    University of Otago Foundation Studies Ltd

    • Successful completion of ‘English for Undergraduate Academic Purposes’ paper

    Pearson Test of English (PTE) Academic

    • Overall score of 58 with no communicative skills score below 50

    Work Experience

    No work experience is required.

    Related Scholarships*

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    • Amsterdam Merit Scholarships

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