Financial Management for Agribusiness

This subject has the following teaching availabilities in 2016:

This subject is can be taken entirely online via the University’s Learning Management System (LMS), or taken as a multi-modal subject for students who study on-campus. The subject will be open on LMS approximately two weeks prior to the subject commencement date.

170 hours

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.

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable 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 their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

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

• A 1000 word essay due in approximately Week 5 worth 20%
• A 1500 word management report due in approximately Week 10 worth 30%
• A 1500 word take home exam due approximately at the end of Week 12 worth 30%
• Online discussion participation throughout the semester worth 20%

*Online discussion is an integral component of this subject. It is a hurdle requirement that a minimum grade of 50% is achieved 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 online learning and communication
• Ability to collaborate, exchange ideas and debate across online learning platforms
• Ability to plan work, use time effectively and manage small projects