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Bachelor of Commerce

The University of Newcastle Australia

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Do you love crunching figures? Are you intrigued by the workings of the financial world? Do you wish to plug into this ever-growing industry?

The Bachelor of Commerce with a major in Accounting is your first step to becoming a fully qualified accountant. This programme embodies solid theoretical studies that are complemented with real-world applications. As accountancy is at the very heart of all organisations, you will find the programme offers enormous scope and opportunities.



Professional Accreditation

Accredited by the Australian Society of Certified Practicing Accountants (CPA)


Exemption Accreditation by the ACCA (the Association of Chartered Certified Accountants) for Nine Papers

Career Opportunities

As a graduate of the programme, you will be equipped to take advantage of career opportunities in the following professions:

  • Chartered Accounting
  • Public Practice
  • Tax
  • Auditing
  • Public Sector Accounting
  • Not-for-profit Sector Accounting
  • Management


Programme Structure

Programme Duration

This programme can be completed within 24 months. With approved exemption granted by the University, it may result in shorter duration and fee reduction.

PSB Academy Diploma in Business Administration (with specific elective modules) holders can complete the programme within 16 months,

Programme Structure

  • This programme consists of 24 modules
  • 4 modules are taught in each semester/trimester

This is an accelerated programme which allows a typical 3-year programme to be completed in 2 years.


Trimester 1

(4 months)

Trimester 2

(4 months)

Trimester 3

(4 months)
1st Year 4 modules 4 modules 4 modules
2nd Year 4 modules 4 modules 4 modules

Students can opt to transfer and/ or complete their studies in Australia after a trimester completion. Student who transfers to Australia will be required to pay tuition fees applicable on-campus at the time of commencement at The University of Newcastle.

Assessment and Examination

Assessments may include assignments, tests, projects and final examinations.



  • Accounting for Decision Makers
  • Introduction to Management
  • Microeconomics for Business Decisions
  • Business Decision Making
  • Accounting Practice
  • Information and Communication in Business
  • Foundations of Law
  • Principles of Marketing
  • Law of Business Organisations
  • Financial Accounting for Reporting Entities
  • Accounting for Corporate Entities
  • Management Accounting
  • Macroeconomics in the Global Economy
  • Introduction to Finance
  • Business Strategy
  • Advanced Management Accounting
  • Organisations, Politics and Society
  • Accounting Theory
  • Leadership and Entrepreneurship
  • Issues in Financial Accounting
  • Taxation
  • Auditing and Assurance

Delivery of modules may not follow the sequence as shown and are subject to change.


Full-Time: January, May and August

Programme Details

Contact Hours

Full-Time: 1030 (average)

Maximum Candidature Period

Undergrad programme of 240 units: 8 years

Undergrad programme of 320 units: 10 years

Delivery Mode

Lectures, tutorials and project assignments will be conducted within PSB Academy's City Campus.  

Some modules may be delivered by our university partners’ teaching staff in an intensive block mode.

Minimum Number of Students Before a Class Commences

Minimum 25 students are required before commencement of classes. 

Admission Criteria

Local Student Admission

Admission Requirements

a) GCE A Level (Minimum 3 subjects in H2 level or 2 subjects at H2 level and up to 2 subjects at H1 level); OR

b) 3-year Diploma from Singapore’s Polytechnic; OR

c) PSB Academy Diploma in Business Administration; OR

d) Other diploma or equivalent qualification would be assessed on a case by case basis

Applicants with Diplomas or Advanced Diplomas in related studies from polytechnics or other recognised institutions may be considered for advance standing into the Year 2 courses. Click here to find out more on your eligibility or send your qualification to for pre-assessment.

Language proficiency

All Applicants must demonstrate that they meet the University’s English proficiency requirement. Applicants who do not speak English as a first language must demonstrate that they meet the University's English proficiency requirement through one of the following methods:

English Language Tests

1. GCSE – English Language or Literature
    IGCSE – A level English or Humanities
    Overall Scores: Minimum Grade C
2. IETLS Academic
    Overall Scores: 6.5
    Individual Skills Test: Section minimum 6.0 R/L/S/W
    Overall Scores: 550
    Individual Skills Test: TWE: 4.5
    Overall Scores: 79-93
    Individual Skills Test: R: 19-23, L: 20-23, S: 20-22 and Writing 24-26
5. PTE Academic
     Overall Scores: 58-64
     Individual Skills Test: Section Minimum 61
6. PSB CEP Level 5 (Advanced English Program)
    Students must obtain 65% or more in 3 of the 4 exams. Only one exam may be in the 60-64% range.
English language test scores must be less than 2 years old at the date of application to the University of Newcastle. Details of the policy and information on any other English tests accepted by the University can be found at:

International Student Admission


Local Student & International Student

Programme Fees: S$1,712.00 (Per Module)

16 - 20 Months (16-20 Modules)

Eligible for:

  • Local Polytechnic Diploma (Business related)
  • Advanced Diploma(Business related)
  • Or equivalent



S$27,392* - S$34,240*

 24 Months Programme (24 Modules)

 Eligible for:

  • GCE A Level
  • Local Polytechnic Diploma
  • PEI Diploma(Non-Business related)
  • or equivalent





1st Installment


2nd Installment


3rd Installment


4th Installment


5th Installment


6th Installment


Total Fees



Singaporean/PR graduates of PSB Academy are entitled fee rebates for subsequent programmes. Please contact our Programme Consultant for more information.

* All fees inclusive of 7% GST and may be subject to change annually
* Programme fees exclude textbooks
* Click here to view other charges for students


Financial Aid / Available Grants

Please click here to view financial aid and available grants.


Local Applicants

International Applicants