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 | Mrs Cecilia Lawler |
| 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).
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
The 2024 Commonwealth Supported Place (CSP) rates are still being finalised by the Government and we will update the domestic fee information as soon as we have more details.
Requisites
Mutual Exclusions
You cannot enrol in this unit as well as the following:
BFA103|ZAA103|ZAB105|ZAB115Teaching
| 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. |
|---|---|
| Assessment | AT1: Operational Budget and Reflection (25%)|AT2: Capital Expenditure Analysis (25%)|AT3: Financial Statement Analysis (50%) |
| Timetable | View 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) |
Links | Booktopia textbook finder |
|---|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.