Financial & Performance Management

Subject MGMT90041 (2013)

Note: This is an archived Handbook entry from 2013.

Credit Points: 12.50
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject is not offered in 2013.

Time Commitment: Contact Hours: 24 hours of lectures/seminars/workshops
Total Time Commitment:

Estimated total time commitment of 120 hours.

Prerequisites: None
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements of this entry.
The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Contact

Graduate School of Business and Economics
Level 4, 198 Berkeley Street
Telephone: +61 3 8344 1670
Online Enquiries
Web: www.gsbe.unimelb.edu.au

Subject Overview:

This subject provides the financial analysis and other methods that managers need, in order to lead organisations, monitor and control operations and allocate resources. It also provides an understanding of specific non-financial measures and metrics associated with long-term sustainability and business success.

Objectives:

Students who successfully complete this subject should:
• Be able to interpret financial measures and ratios as performance metrics
• Be able to develop and use a variety of financial measures for managerial control purposes
• Be familiar with accounting terms and language, and key issues associated with the financial management of organisations
• Be able to develop and interpret key financial indicators of performance and associate these with a firm’s business strategies and operating and orientation
• Be able to manage financial performance factors within organisations in a variety of sectors of an economy
• Understand a number of non-financial performance management systems and methods, such as balanced scorecard methods and sustainable development methods and measures.
• Know the strategic success factors associated with the longer term performance of business organisations

Assessment:
  • One-hour test (20%)
  • Assignments of not more than 1500 words (30%)
  • Field project investigation report of 3000 words (50%)
Prescribed Texts:

Course materials are provided to all participants

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

Students who successfully complete this subject should:

  • Be able to interpret financial measures and ratios as performance metrics
  • Be able to develop and use a variety of financial measures for managerial control purposes
  • Be familiar with accounting terms and language, and key issues associated with the financial management of organisations
  • Be able to develop and interpret key financial indicators of performance and associate these with a firm's business strategies and operating and orientation
  • Be able to manage financial performance factors within organisations in a variety of sectors of an economy
  • Understand a number of non-financial performance management systems and methods, such as balanced scorecard methods and sustainable development methods and measures.
  • Know the strategic success factors associated with the longer term performance of business organisations
Links to further information: http://www.mccp.unimelb.edu.au/subjects/financial-and-performance-management
Related Course(s): Master of Enterprise (Executive)
Master of Information Systems

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