Courses & Units

Management Decision Making and Strategy BFA612


In this unit we explore the key functions fulfilled by managerial and cost accounting. The primary purpose of managerial and cost accounting is to provide relevant information to managers within an organisation. Managerial accounting can be thought of as the informal language used within the organisation to facilitate planning, control, coordination and performance assessment. Decision contexts can vary from the broad strategic planning and resource allocation decisions made at corporate or divisional level, to the more specific cost and performance information necessary to monitor individual products, customers or segments. The ultimate measure of success is whether or not internal decision making has been improved as a result of the relevance, quality and timeliness of information provided by the management accounting function.


Unit name Management Decision Making and Strategy
Unit code BFA612
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Doctor Alia Alshamari|Mr Heinrich Oosthuizen
Delivered By University of Tasmania
Level Postgraduate


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


International students
Domestic students

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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

* 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

  • Critically analyse management and cost accounting theory and techniques, for business planning and control
  • Evaluate and critically appraise diverse ethical, environmental, social, and economic perspectives, to management decision making
  • Communicate and justify proposals, solutions and recommendations to support management decisions using industry relevant approaches

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.


Teaching Pattern

On-campus: 4 x 3-hour on-campus workshops (in addition a 1-hour orientation workshop will be held in week 1)

Off-campus: Workshop recordings and interactive online webinars.

AssessmentGroup Assignment (30%)|Individual assignment (30%)|Exam (40%)
TimetableView the lecture timetable | View the full unit timetable



You will need the following text [available from the Co-op Bookshop or the e-book can be purchased online]:

Horngren, CT, Datar, SM, Rajan, MV, Maguire &Tan, R 2017, Cost Accounting: A Managerial Emphasis, 3rd  Australian Edn, Pearson Australia, Melbourne, VIC.

This highly regarded text has been prepared for an Australasian audience with local case studies and Australasian standards. Other editions of this textbook are not recommended for studying BFA612.


The essential prescribed readings are indicated in the unit schedule on the last page of the unit outline.

LinksBooktopia textbook finder

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