Intakes: 

2020: February, July

Duration: 
4 years
Location: 
Fees: 

2020: A$14,800*
* fee per semester

Application due dates:
We are currently accepting applications for this course.

Overview

Use psychology skills to get ahead in business.

Combine psychology studies with a business specialisation to develop insights into people’s behaviour on an individual and organisational level.

This double degree will help you apply key psychology principles in the workplace, giving you the confidence and expertise to understand and manage a range of stakeholders from teammates and clients to customers and employers.

Through VU’s Bachelor of Psychological Studies/Bachelor of Business, you’ll learn how to:

  • establish employee development programs
  • advise management on employee relations
  • lead organisational change
  • analyse consumer behaviour.

These skills will help you further your career opportunities within:

  • community service organisations
  • human resource departments
  • marketing research agencies
  • banking and financial institutions
  • government departments.

Psychology students complete a fieldwork unit, which gives you the opportunity to gain experience in a field related to your studies.

Students have completed placements within:

  • the Department of Human Services (Child Protection)
  • family and carer support services
  • arts and cultural organisations
  • refugee and asylum seeker support services
  • public and private health services
  • school settings.

Our strong network within industry means you’ll have plenty of opportunities for sought-after industry-based experience through practical work placements.

If you choose to continue on to postgraduate studies, you’ll be able to take up professional training at VU’s Psychology Clinic, providing discounted psychological services to the community.

You can personalise your learning with both a psychology and business specialisation.

Business specialisations include:    

  • accounting
  • banking and finance
  • financial risk management
  • global logistics and transport
  • human resource management
  • international business
  • international trade
  • management and marketing
  • music industry
  • retail and commerce
  • small business and entrepreneurship.

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VU's Psychology Clinic specialises in cognitive-behavioural therapy and psychodynamic therapy.

Careers in psychology and business

Graduates of VU’s Bachelor of Psychological Studies/Bachelor of Business have the specialist knowledge and confidence to apply psychology principles within organisations.

This double degree leads to employment in several sectors from community services or marketing to finance or government.

Typical roles include:

  • organisational development consultant
  • financial analyst
  • human resources manager
  • marketing officer
  • policy advisor.

Salaries

In Australia, the median starting salary of a bachelor degree psychology graduate aged under 25 and in their first full-time employment is $49,900 (GradStats). Typically, psychologists earn an average of $78,000 per year (Job Outlook).

The median starting salary of bachelor degree business graduates (aged under 25 and in their first full-time employment) is $50,000 (GradStats). The average annual earning of a business analyst is $95,212 (Job Outlook).

Psychology pathway

This course puts you on track to becoming a registered psychologist, with graduates eligible to gain entry into a fourth year of psychology, followed by a master program.

Double degree advantage

80 per cent of combined or double degree students find employment within four months of graduation, compared to 75.6 per cent of students with a single degree (Graduate Careers Australia).

Course structure

To attain the Bachelor of Psychological Studies/Bachelor of Business, students will be required to complete 384 credit points consisting of:

  • 96 credit points of Core First Year studies;
  • 108 credit points of Core Psychological studies;
  • 24 credit points of Psychology Elective studies;
  • 48 credit points of Core Business studies;
  • 96 credit points of specialised studies selected from one of the Business Majors;
  • 12 credit points of Work Integrated Learning studies (APP3028 Fieldwork or BBB3100 Business Integrated Learning).

Core First Year Units:

Year 2

Plus

12 credit points (equivalent to 1 unit) of Psychology Elective studies

Year 3

Plus

48 credit points (equivalent to 4 units) of Business Major studies

Year 4

Plus

Or

12 credit points (equivalent to 1 unit) of Psychology Elective studies

48 credit points (equivalent to 4 units) of Business Major studies

Psychology Electives:

Majors

We are the first Australian university to use a 'block' model of learning, where you study one unit at a time rather than juggling several at once.

Introduced in 2018, the VU Block Model has improved our student results and achievements, and has won awards for innovation and excellence. Initially for first-year students, it now applies to all students studying at our Melbourne campuses.

You'll study in short bursts, called blocks, of three 2-3 hour face-to-face teaching sessions per week.

Each block focuses on one unit (subject) and is only four weeks long, with up to four days between. Our two semesters have four blocks each, and there are optional blocks over winter and summer where you can catch up on a missed unit.

Some courses have labs and pracs too, and these are generally scheduled on the same days as teaching sessions. There are also workshops where you'll develop your study skills and prepare for your future career.

Find out more about the VU Block Model.

On successful completion of this course, students will be able to:

  1. Elucidate and apply a broad knowledge of psychological theory and social research methods;  
  2. Exhibit skills in independent research, theoretical analysis and critical evaluation in psychology and business fields;  
  3. Analyse and reflect upon the application of psychological and business theory in addressing contemporary challenges at an individual, interpersonal and organisational level;  
  4. Interpret and coherently communicate knowledge and ideas using a range of media;  
  5. Employ advanced interpersonal and collaborative skills, consistent with professional, culturally appropriate and ethical practice when working with people from diverse backgrounds;  
  6. Demonstrate independence, self-reflection and creativity to meet goals and challenges in professional and academic pursuits.  

What's a unit?

A unit or 'subject' is the actual class you'll attend in the process of completing a course.

Most courses have a mixture of compulsory 'core' units that you need to take and optional elective units that you can choose to take based on your area of interest, expertise or experience.

Credits

Each unit is worth a set amount of study credits based on the amount of time you study. Generally, 1 credit is equal to 1 hour of study per week.

Admissions

Victoria University is committed to providing a transparent admissions process. Find out more about the University's admission requirements for all applicants, and our commitment to admissions transparency.

Applicants for this course will need to have met the academic requirements and prerequisites for this course outlined below.

Meeting the minimum admission criteria does not guarantee entry into this course. Past academic performance may be considered.

Entry requirements

Completion of an Australian Senior Secondary Certificate (VCE or equivalent) including Units 3 and 4: a study score of at least 25 in English (EAL) or 20 in any other English (or equivalent).
OR:
Completion of an Australian Advanced Diploma or Diploma (or equivalent).
PLUS:
IELTS (or equivalent): Overall score or 6.0 (with no band less than 6.0 in Listening, Reading, Writing and Speaking).
OR:
Completion of a Foundation course or equivalent.

Find out if you meet the entry requirements, including English language and academic requirements.

Pathways & credits

There are many ways you can start your education journey at VU. Pathways offer an easy transition between courses at different levels, so that you can start with a certificate and progress right through to postgraduate study.

If you have completed any of the following course(s), you will be guaranteed a place in this course. In some cases you may receive credit for your previous study, reducing the time it takes to complete your course.

You will be guaranteed entry only.

You will be guaranteed entry only.

Find out more about pathways and credits.

If you have completed study with another university or institution and believe you are eligible to receive credit for skills and past study, you can apply for advanced standing.

Applications for advanced standing can be made after a discussion with your course coordinator or academic adviser.

How to apply

We are currently accepting applications for this course.

Methods of applying:

International students can apply directly to Victoria University using our online application system, or apply through an education agent.

Direct online applicationFind an education agent

If you have questions about your application, you can:

Information and fees listed above are for non-resident students. Fees are accurate at the time of viewing and will be subject to annual increases. Some courses require students to purchase equipment or clothing that they will need in the course. These equipment or clothing costs are not included in the course fees listed above and we recommend that you confirm these costs with the relevant college.

VU takes care to ensure the accuracy of this course information, but reserves the right to change or withdraw courses offered at any time. Please check that course information is current with the Student Contact Centre.