Financial Management

Subject AMGT90008 (2010)

Note: This is an archived Handbook entry from 2010.

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

This subject has the following teaching availabilities in 2010:

Semester 2, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable

On campus

Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 3
Total Time Commitment: 120
Prerequisites: None
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements: None

Coordinator

Mr Maxwell Warburton

Contact

Kate MacNeill

cmmacn@unimelb.edu.au

Subject Overview:

This subject introduces students to the fundamentals of financial management and budgeting in arts organisations. Commencing with an examination of the three principal financial reports the subject takes students through the structure and the links between each as well as exploring the various accounts that are typically reported by those organisations. In the second half of the semester students examine the preparation and evaluation process of financial budgets in arts organisations. Specifically students address the budgeting process, budget preparation and the use of budgets as a financial control technique.
Objectives:
  • read and evaluate financial reports;
  • demonstrate an understanding of the budgeting principles;
  • implement and apply appropriate financial planning strategies; and
  • demonstrate analytical skills concerning administrative and organisational issues.
Assessment: An analytical assignment equivalent to 3000 words 60% (continuous throughout the semester), and an exam equivalent to 2000 words 40% (due at end of semester). Students must pass both assessment tasks to satisfactorily pass the subject.
Prescribed Texts:

A subject reader will be available.
Recommended Texts:

Links to various online texts will be available on the subject's LMS site.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:
  • demonstrate advanced analytical thinking;
  • demonstrate advanced calculation and prediction of risk and its management;
  • show advanced attention to detail; and
  • demonstrate development in advanced computer skills.
Related Course(s): Master of Art Curatorship (Coursework and Minor Thesis)
Master of Arts Management
Master of Cinema Management

Download PDF version.