Courses & Units

Financial Decision Making ZAA133

Introduction

This unit will provide you with a practical understanding of operational budgeting and financial decision making, as well as other financial concepts, practices and tools used to measure and assess the financial performance of an organisation. The use of practical case studies, tasks and simulations will develop your financial skills and knowledge in order to apply them to any operational setting. In conjunction with the discipline theory, this unit introduces learning through practice by exposing you to authentic learning experiences. These experiences are placed at the centre of learning and assessment, so you have the opportunity to develop the skills, knowledge and behaviours necessary to respond to industry, community and/or global needs. You will be introduced to: • a range of methods, tools, techniques and approaches to practice • principles and perspectives such as values, ethics, empathy and leadership in real world scenarios • reflection and deliberative thinking as a means of developing knowledge, skills, attitudes and aspirations • ways of understanding problems and developing solutions through active inquiry.

Summary

Unit name Financial Decision Making
Unit code ZAA133
Credit points 12.5
College/School College of Business & Economics
University College
Discipline Business and Management UC
Coordinator Ms Fiona Brodribb
Available as an elective? Yes
Delivered By University of Tasmania

Availability

Location Study period Attendance options Available to
Hobart Semester 1 On-Campus International Domestic
Hobart Semester 2 On-Campus International Domestic
Launceston Semester 1 On-Campus International Domestic
Launceston Semester 2 On-Campus International Domestic
Cradle Coast Semester 1 On-Campus International Domestic
Cradle Coast Semester 2 On-Campus International Domestic
Online Semester 1 Off-Campus International Domestic
Online Semester 2 Off-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.

Key Dates

Study Period Start date Census date WW date End date
Semester 2 22/7/2024 16/8/2024 9/9/2024 27/10/2024
Semester 1 26/2/2024 22/3/2024 15/4/2024 2/6/2024

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Develop and review operational budgets and financial decisions
  • Evaluate and apply financial data for organisational decision making
  • Analyse and communicate financial information to internal and external parties
  • Reflect on and evaluate relevant behaviours and skills required for financial operations

Fee Information

Field of Education Commencing Student Contribution 1,3 Grandfathered Student Contribution 1,3 Approved Pathway Course Student Contribution 2,3 Domestic Full Fee 4
080101 $2,040.00 $1,597.00 not applicable $2,979.00

1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Mutual Exclusions

You cannot enrol in this unit as well as the following:

BFA103|ZAA103|ZAB105|ZAB115

Teaching

Teaching Pattern

On-campus students: Weekly online 2 hour tutorial; 1 x half to full day workshop per semester.

Off-campus students: Weekly online 2 hour tutorial; 1 x half to full day online workshop per semester.

AssessmentAT1: Operational Budget and Reflection (25%)|AT2: Capital Expenditure Analysis (25%)|AT3: Financial Statement Analysis (50%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Rumble, S and Anandarajah, A 2017, Manage Budgets and Financial Plans, 5th Edition, Cengage, South Melbourne, Australia (available as UTAS eBook)

LinksBooktopia textbook finder

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.