Financial Management for Agribusiness

This subject is not offered in 2013.

112 hours. This subject is run over an 8-week period as opposed to a standard 12 week semester subject. It is recommended that students devote 14 hours per week to this subject over 8 weeks.

Students must be able to perform word processing, use Excel spreadsheets, and have a reasonable understanding of the Internet and the University's Learning Management System.

It is University policy to take all steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel they have a disability that will impact on meeting the requirements in this subject are encouraged to discuss this matter with the Subject Coordinator and Disability Liaison Unit.

Sound business decision-making in circumstances of incomplete information, risk and uncertainty, requires sound knowledge of the underlying financial situation of a firm. This subject is about understanding the key concepts of financial management enabling the manager to more effectively analyse situations, evaluate alternative actions, implement actions and exercise control. Interpreting financial information, budgeting, investment and finance decisions, and valuation under conditions of incomplete knowledge, risk and uncertainty are central emphases of the subject.

The objective of this subject is to extend the participant's ability:

·to assemble and organise key business financial information,

·to interpret key financial information in light of the established theoretical underpinnings,

·to understand and apply time value concepts,

·to understand the fundamentals of risk and return,

·to use financial information in investment decision analysis and valuation,

·to determine appropriate short and long term business finance strategies.

Group management report, 3000 words (40%), Individual assignments, 1500 words (20%), Take home exam (20%), Online discussion participation (20%).

*Online discussion is an integral component of this subject - a minimum grade of 50% is required in this component.

Gitman L.J., Juchau R. and Flanagan J. (2011) Principles of Managerial Finance. (6th edition), Addison Wesley, Melbourne

This subject is not available as a breadth subject.

It is expected students will develop:

• Awareness of, and ability to, utilise appropriate communication technology and methods for the storage, management and analysis of data
• Highly developed computer-based skills to allow for effective on-line learning and communication
• Ability to collaborate, exchange ideas and debate across on-line learning platforms
• Ability to plan work, use time effectively and manage small projects.