25720 Applied Financial Management
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particular session, location and mode of offering is the authoritative source
of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.
Subject handbook information prior to 2021 is available in the Archives.
Credit points: 3 cp
Subject level:
Postgraduate
Result type: Grade and marksThere are course requisites for this subject. See access conditions.
Anti-requisite(s): 250720 Applied Financial Management AND 25742 Financial Management AND 25799 Financial Management
Description
All managers must have a basic understanding of financial management concepts, capital markets and instruments, as well as the trade-offs between financial risk versus gain. This subject provides students with the understanding of the latest tools and techniques in financial management. The main goal of the subject is to prepare students for responsible and sustainable leadership using the financial management perspective. This subject develops a framework around financial analysis and modelling, as well as business, risk, and investment evaluation by focusing on four main areas:
- the assessment of an organisation's financial health
- the planning of the organisation's future financial performance
- the financing of the organisation's operations, and
- the evaluation of business and investment opportunities for the organisation.
Emphasis is placed on the application of tools and techniques to real-world problems in financial management to enable students to solve related problems in their place of work.
Subject learning objectives (SLOs)
1. | describe the role of financial management in evaluating the financial health and performance of an organisation |
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2. | apply financial management techniques to financial analysis and financial modelling problems |
3. | assess financial decisions relating to investment, financing and risk management |
Contribution to the development of graduate attributes
The subject introduces students to a range of financial tools and techniques and prepare them for the management of financial risk, assessment of financial health and decision making related to financing operations, risk and the valuation of enterprises.
This subject develops the following Program Learning Objectives:
1.1. Demonstrate advanced knowledge and understanding of key business concepts and practices.
5.1. Demonstrate advanced skills in professional business practice.
This subject contributes to the development of the following graduate attributes:
- GA1 Business knowledge and concepts – be able to operate effectively with business knowledge of sufficient depth in different professions, industry and society, both locally and globally.
- GA5 Business practice oriented skills – be able to integrate generic, technical and professional skills including being proficient in technology, to operate effectively in various industry contexts with the capacity to anticipate and respond to change.
Teaching and learning strategies
Classes will be based on blended and flipped learning approaches. Students will also be required to participate in online learning activities. Students will have to engage and prepare a range of materials before class, including academic and non-academic publications, financial statements, media reports, etc. Classes will include facilitated discussion of mini case studies and addressing financial problems/opportunities.
Content (topics)
- Financial analysis and performance.
- Forecasting and growth management.
- Financing operations.
- Investment and risk analysis
Assessment
Assessment task 1: Quizzes
Intent: | This develops Program Learning Objectives 1.1 and 5.1. |
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Objective(s): | This addresses subject learning objective(s): 1 and 2 |
Type: | Quiz/test |
Groupwork: | Individual |
Weight: | 45% |
Assessment task 2: Scenario and case analysis
Intent: | This develops Program Learning Objectives 1.1 and 5.1. |
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Objective(s): | This addresses subject learning objective(s): 1, 2 and 3 |
Type: | Examination |
Groupwork: | Individual |
Weight: | 55% |
Minimum requirements
Students must achieve at least 50% of the subject’s total marks and attend both assessments.
Recommended texts
Higgins, Robert C. Analysis for financial management, 11th edition, McGraw-Hill/Irwin, 2016.
References
Ross, S., Westerfield, R., Jordan, B. Fundamentals of corporate finance, 11th edition, McGraw-Hill/Irwin, 2015.
Brigham, E., Houston, J. Fundamentals of financial management, 14th edition, South-Western College Pub, 2015.
Benninga, S. Financial modelling, 4th edition, MIT Press, 2014.