Academic Programs

Unit code: IS115
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit introduces students to fundamental concepts of database systems as key components of information systems, particularly in office environments where the recording and retrieval of data related to staff, clients, and stock are essential. Students will develop competence in using a relational database management (RDBMS) to logically organize data through the creating of tables using fields and records. The unit emphasizes organizing and linking tables, and using queries to search, extract, and manipulate data efficiently. Students will apply these skills in practical, business-related contexts such as personal management, inventory tracking, patients and financial record keeping.

Unit code: BS215
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit is the continuation of BS 211. It focuses on the financial accounting sequence of investing, common accounting disclosures of a business and the other dimensions of corporate financial accounting and reporting. Accounting issues along corporate governance, consolidation of accounting issues in accordance with International Financial Reporting System (IFRS) on corporate reporting are also explored.

Unit code: BS230
Credit points: 15
Campus: Madang
Study period: Semester 2
Cost Accounting provides students with the tools and techniques necessary to measure, analyze, and interpret cost information for managerial planning, decision-making, and control. Students learn the fundamentals of cost behavior, cost accumulation, costing systems, and budgeting for efficient internal operations.

Unit code: BS217
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit provides students with a foundational understanding of income tax law in the context of Papua New Guinea (PNG). The unit introduces students to the principles, terminology, and legal framework that govern the assessment and collection of income tax for both individuals and companies.
Students will explore key areas, including the historical development of PNG’s tax system, the concept of assessable income, the importance of tax residency, capital and windfall gains, and allowable deductions under the Income Tax Act. The unit also includes an introduction to basic company tax calculations, providing students with a practical overview of corporate tax obligations.
Through a combination of lectures, tutorials, case studies, and practical exercises, students will learn to interpret relevant sections of the Income Tax Act and apply their understanding to real-world taxation scenarios. The unit encourages critical thinking and problem-solving skills in relation to tax compliance and planning.

Unit code: BS326
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit aims to prepare students to analyze and interpret data collected for their research project. The theoretical component of this unit introduces different data analysis techniques suitable for qualitative and quantitative types of research. The practical component of the unit develops skills for coding, analyzing and interpreting quantitative and qualitative data and writing up a research report. The student researchers will present their research reports towards the end of the semester to a panel of markers as scheduled.

Unit code: BS328
Credit points: 15
Campus: Madang
Study period: Semester 2
The unit introduces the student to Company Law and its application in PNG. It provides the student with a basic knowledge and principles of laws governing formation, organization, and management of companies.

This unit is also designed to enable students to further understand the operations of companies by exposing them mergers liquidation and administration of companies as an exposure for students to familiarize themselves in the management and operations of companies.

Unit code: BS327
Credit points: 15
Campus: Madang
Study period: Semester 2
The course discusses the risk management framework for financial institutions under the Basel II accord and the transition to the Basel III accord. In particular, the course covers credit, market, interest rate in the balance sheet and operational risks. Students are taught to calculate regulatory and economic capital and to calculate the capital requirements for the institution as a whole. It aims to give an overview of the risks faced by financial institutions and how they can be managed

Unit code: BS317
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit serves as a foundation for further studies in human resources, management, organizational behavior, or related disciplines. It also prepares students for entry-level roles or internships in HRM and builds the professional competencies essential for effective people leadership.
It introduces students to the core principles, functions, and strategic importance of HRM in contemporary organizations. It examines how effective HRM practices contribute to organizational performance by aligning people strategies with business goals, fostering positive employee relations, and supporting a productive and inclusive workplace.
Students will explore a range of HRM activities including workforce planning, recruitment and selection, performance management, employee development, compensation, and employee relations. The unit also addresses legal, ethical, and technological challenges impacting HR, with a focus on current trends such as digital HR tools, remote work, and diversity and inclusion initiatives.
By combining theoretical foundations with practical application, this unit equips students with the knowledge and skills necessary for entry-level HR roles or general management positions. It also lays the groundwork for further study in human resources, organizational behavior, and business leadership.

Unit code: BS428
Credit points: 15
Campus: Madang
Study period: Semester 2
Auditing and Assurance 2 deal more on auditing transactions and balances and completing the audit as programmed.  It further develops the knowledge and enhances the skills of the students on assurance services (attest functions - financial audit, management audit and compliance audit); the application of auditing standards for public and non-public companies, deepening the students’ ability to audit the various accounts along Assets, Liabilities, Capital, Expenses and Income accounts. 

Unit code: BS419
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit underscores the methodological importance of accurate, relevant, timely and complete data for effective and “evidence-based” decision making for business and industry. The unit will train the students how to support decisions with the right information at the right time and used technology to collect process and disseminate information to improve the delivery of products and services to customers.

Unit code: BS431
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit equips students with the use of computer software (Attaché payroll program) in applying their knowledge in accounting and management.  Students will complete tutorial activities and practice sets as part of their training in becoming proficient in the use of this computer software program to meet the need and demands of the labor market.

Unit code: BS417
Credit points: 15
Campus: Madang
Study period: Semester 2
This unit is designed to enable the students to learn how to do a feasibility study write a business plan and then actually do their project proposal. The students are expected to understand the importance of a feasibility study, learn the process involved in conducting a feasibility study, and learn by doing a feasibility study. Students will be working on real project ideas for their job creation after university from conducting a feasibility study and writing a business plan to advertising their business ideas. A discussion of the topic of business environment and entrepreneurship and its role in the development of the PNG economy is likewise integrated into the study of this unit.