Bachelor courses

What can you do with a business and management degree? 

Business and management degrees are unusual in the sense that they cover a wider range of topics than other specialist degrees, with units in accounting, finance, marketing, management etc. When a student completes this degree, they leave with an abundance of knowledge that can be applied to multiple positions and industries. 

Business can be defined as all forms of trade, the exchange of goods and services with the intention of making a profit. 

Business is closely intertwined with ethics. Individuals, companies and governments are in a constant state of flux regarding what is best for an economy and the movement of capital, and how to stop events such as the 2008 financial crash. The role of management is defined by these ideals of what is best for people and what is best for the company and requires the skills of understanding human behavior and establishing an effective style of leadership, as well as the need to ensure continuing financial health for the business.

What do you learn on a business and management degree?

A business degree covers a broad range of subjects, such as economics, accounting and entrepreneurial training. A business undergraduate degree may start with learning the core concepts in all these fields, so as to ensure there will be no significant gaps when starting a career. In later years compulsory modules can be combined with specialised areas of study, for example company law or consumer behavior.

In a globalised world, the ability to speak a second language and appreciate the cultural differences when approaching business is becoming increasingly important, and more and more universities worldwide are offering year abroad opportunities to business students. 

What do people who study business and management do after graduation? 

The possibilities for a business graduate are almost endless. Positions as a stock market analyst or trader may be appealing, though a student must be aware that there will be need for further training and is a very high-pressure role. 

The relationship between business and information technology is a strong one, and if the student also has experience in computer science then a position in a software firm can be a possibility. 

The more entrepreneurial of students can make a go of building their own business from scratch, although there is a steep learning curve, a need for investment, and the changing market to contend with, which all means many budding businesspersons will see companies go bankrupt on numerous occasions before creating a model that flourishes. 

Some students even go on to study a PhD in business related fields.

Starting Your own Business.

We encourage all our students to start their own business. There is no better time to start than when you have the backing of experienced people behind you, who are encouraging and the experience gained, not just theory as part of our culture of learning through experience.

Our education program is designed to assist the student to commence their own business. You will be supported by staff, introductions, hands on experience and an ongoing relationship with the World Trade Co-operative.

Every student who undertakes one of our courses will be equipped with the skills and knowledge to build their own business.

 Co-operative Management

Co-operatives are the single largest business sector in the world encompassing but not limited to: finance, agriculture, marketing, IT, manufacturing, administration, power and energy, education, food, hospitality, transport and logistics, construction, research and development.

In fact, just about every single business in the world has a relationship with co-operatives. One in every ten people is employed through the co-operative sector, which constitutes an estimated 17.6% of world GDP.

There are 3 million co-operatives with an estimated 219 million associated member businesses around the world and a billion members all looking to better themselves. 

Participants in this course will travel the world meeting people who run, or a part of co-operatives and your role will be devise through business analysis methods of improving their business and developing trade amongst co-operatives. 

Building in Vulnerable Areas

Construction around the globe faces many challenges including bushfire, floods, earthquakes, Tsunamis, landslides, volcanoes, and even manmade wars.

This course will introduce the participant to “The Business of Building” and covers areas such as, legislation, design, engineering and structural integrity, developing and maintaining standards, dealing with people, occupational health and safety, procurement, raw materials, trades and finances including costings and variations.

 This is a very challenging course and will test the participant to think outside the square in construction where most people would dare not attempt to build. We will introduce the participant to different types of construction including conventional, high rise, modular and with an eye to building a carbon neutral house, commercial or civil construction. 

Disaster Management

In 2022, the estimated economic loss of natural disasters worldwide was 313 billion U.S. dollars, while the estimated insured loss amounted to 132 billion U.S. dollars, which translates into a global protection gap of 181 billion U.S. dollars.

Natural disasters

Natural disasters are extreme, sudden catastrophes that are caused by natural processes by the earth. Different types of natural disasters include floods, cyclones, (hurricanes, tornadoes), earthquakes, and tsunamis. There are many consequences that occur as a result of natural disasters, which include death, economic and infrastructural damage, and public health issues. Low-income countries are more affected by natural disasters when compared to the richer countries in the world. These countries do not have enough money to rebuild after a natural disaster, and therefore rely on foreign aid.

Your role is one of the most demanding yet exhilarating ever undertaken. Utilising the international risk management standard ISO 3100 you will develop mechanisms and management systems to deal with prevention, mitigation, recovery and rebuilding.

You will require exceptional people skills, great analytical skills, an understanding of financial risk and capacity. You will be working with governments, large corporations, international aid agencies and the multilateral banks.

You will be responsible for the financial wellbeing of businesses as well as the protector of infrastructure and people.

Manufacturing

Manufacturing is changing quickly but it is nor slowing down with the advent of technology manufacturing is evolving quickly. Manufacturing in 2018 accounted for US $4 trillion in China alone. 

This is an extremely relevant course as you will quickly be involved in manufacturing arm of the university business. You will learn forecasting, demand management, procurement, digital stock control, ERP, quality assurance, batching, and variation control. You will get experience in different manufacturing environments along with our association with the World Trade Co-operative to expand this huge market with value adding products to trade

International Trade

The World Trade University is centered around developing international trade mainly between co-operatives. This is a fascinating but extremely challenging course aimed at students wishing to enter their own business working within the World Trade Co-operative. You will understand the legalities of trade, the restraints, the practices, the international contractual obligations. You will be dealing with global organisations, develop marketing and business strategies to resolve the cultural issues arising from trade. Centered in the Pacific you will quickly learn of the opportunities of local products and services which make up trade. Services now equate to 50% of international trade.

Alternative Energy

The greening of the world requires different energy sources from those currently sourced by fossil fuels. “Green Energy” is truly one of the growing demand on a worldwide basis, that will continue to build as the changing mindset of the world to clean energy.

Energy is now becoming more prominent as a market 

Hydrogen is the new coming powerhouse and through a hands-on experience you will learn how to develop, run, manage and store hydrogen. Hydrogen also is the key to green ammonia, green steel and green concrete.

Wind power is a major player in energy and offers many benefits, as it only requires wind to generate power but you will need to learn the running and maintenance of these huge structures to fully understand their capacity.

Photovoltaics (Solar) is a generational business that offers the student to understand the philosophy and the workings of turning sunlight into power.

Hydro power is the use of water, whether that be a river, the ocean or the pumped hydro water from a height to produce power. This is the most reliable and has massive storage capacity.

Geothermal energy involves passing water deep into the earth where pressure and temperature heat the water which is then forced to the surface as steam which in turn powers a generator

Executive Certificate/Executive Diploma Courses/Executive Fellows/Executive Masters 

Business Ethics

A growing trend in business is to be able to prove that your organisation acts with integrity and that your business has business procedures and actions in place to support your actions and activities. Business Professionals Group has developed the Competitive Edge program to enable a third-party accreditation process to take place. 

Most businesses in Australia want to act in an ethical manner and with government openness now coming into play more and more, a new era is now placing far more emphasis on ethical practice. The Competitive Edge program gives them a step-by-step guide through the process. It is also proven that businesses that act in an ethical manner have a higher profit, as high as 5 percent over rival business, so it pays to act in such a manner.   

Executive Decision Making

Developed Initially for the aviation industry Human Factors works in conjunction with ergonomics, with the intention of eliminating errors. The original concept looked at communication between pilots and co-pilots before being expanded to look at conditions both physical, environmental, stress, that creates conditions which may incidents or even death. With manslaughter legislation across Australia now and mental illness on the rise the collective intelligence from human factors may save lives, increase productivity and certainly grow quick a decisive decision making. 

World Trade University certainly has driven the human element in business and is driving the capacity to get not only the physical aspect to rise inside the organisation but also the ability to attract the best personnel to your business. For good business leaders Human Factors offer all companies to grow their businesses and increase profit far quicker than almost any other business management process. Airlines have used this system to reduce pilot error and companies also have the objective to reduce errors and save literally hundreds of thousands of dollars per employee per year. It is now safer to fly than to drive to the airport. 

We train people in this field by teaching people and putting them in the front seat to fly a glider. The glider has no room for error and decision making becomes critical incorporating planning and processes across all sectors of the flight. We then require the participant to use the knowledge and report back to WTU as evidence of introducing the system in their business and putting a dollar value on the savings.

1. Transactions/Sales
2. Hazard Analysis and Critical Control Points (HACCP)

Designed by NASSA for the taking of food into space in the early 1960’s. Is defined as a management system in which food safety is addressed through the analysis and control of biological, chemical and physical hazards from raw material production, procurement and handling to manufacturing, distribution and consumption of the finished product. The goal of HACCP is to prevent and reduce the occurrence of food safety hazards through the introduction of seven principles.     

Risk Management

A business tool, which systematically identifies and reduces business vulnerability to exposure, and through the implementation of mathematically based formulas, evaluates potential hazards and potential reduction methods.

Risk management is used in conjunction with many of the other business activities including but not limited to: security, human resources, industrial relations, customer service, business ethics, business continuity, succession planning and financial management.     

Food Safety/Manufacturing

New legislation across Australia has seen the advent of a run of firms requiring help with their food safety plans and production manufacturing operations. We have experienced people with knowledge of manufacturing, packaging and food safety systems including HACCP to guide any firm through this important process.

Error Reduction

The risk of human error rises as financial institutions handle more transactions. Bad data alone costs U.S Businesses more than $3.1 trillion a year, according to a report from IBM. Human Error can manifest in various forms from simple oversight to critical mistakes with far reaching implications. High pressure environments such as financial institutions, healthcare, and manufacturing have the margin for error becomes even narrower. Recognising the potential impact of human error, organizations are investing in strategies to minimize its occurrence and mitigate its consequences.

OH&S as a Profit Centre

Employers have a duty to provide each and every employee, visitor or contractor with a safe system of work. Every employee has a duty to follow systems, use equipment as directed to take care to protect him or her self.

Occupational Health and Safety offers management the best way to improve productivity and to improve the bottom line than possibly any other part of the business management process. This is one area that should be explored, and we encourage the use of the Oxenburg model to meet these objectives. We developed the OH&S as a Profit Centre Program as a decisive difference that employers see OH&S as a financial hole.

Succession Planning for Small Business Owners

A tool developed by Peter Miller to enable people to leave their businesses in the style and manner that they wish. According to the succession planning association less than 13% of business owners actually have a saleable business and most walk away from a lifelong commitment with little or nothing to show for it and certainly without selling it for the potential that it has developed. 

Performance Measurement

The nuts and bolts of doing business. If a business cannot measure all its activities, then it will have nothing against which to compare itself. All processes and services within a business can be measured using different types of tools and processes. 

Demand Management

As part of the supply chain activities, demand management is possibly the most critical following receiving an order from a client. Demand management equips the manager with the tools required to implement either the manufacturing or the delivery of the product or service in a timely and responsive manner that would be expected of clients. 

Just in Time Production

A management process developed by Japanese manufacturing to reduce capital overheads, employee numbers and allow better use of financial resources through the exact use of materials being delivered to the production line at the exact moment of planned requirement.

Gives the user an advantage of quality control, better capital utilisation, higher efficiency of employees and no storage or handling requirements.

Yield management

 A newly revised management tool that has been used in both the customer service areas of business and also in the manufacturing scope. Allows businesses to use the most competitive advantages is has in maximising profit and encouraging new business activity.