The aim of this unit is to introduce you to the type of financial information that you, as a manager, can expect to receive and to the techniques that you can use to analyse this information for decision making and control purposes. The unit is therefore written from the perspective of you as a manager of an operating unit in a corporate environment. This approach will provide you with a sound basis by which you can understand, review, analyse and use the various types of financial information with which you are most likely to come into contact.
This unit also contains sections in relation to ship and port investment evaluation and finance and shipping business risk management. It aims to enhance your capability in understanding practical financial issues and applying financial concepts in the maritime transport and logistics industry where you may be working.
|Unit name||Finance for Decision-Making|
|College/School||College of Sciences and Engineering
Australian Maritime College
|Discipline||Maritime and Logistics Management|
|Coordinator||Associate Professor Shu-Ling (Peggy) Chen|
|Available as student elective?||No|
|Delivered By||Delivered wholly by the provider|
|Location||Study period||Attendance options||Available to|
|Launceston||Semester 2||On-Campus||Off-Campus||International International||Domestic Domestic|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* 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 (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2021 are indicative and subject to change. Finalised census dates for 2021 will be available from the 1st October 2020. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- interpret accounting information and analyse financial statements in terms of the concepts underlying their preparation to assess businesses' financial performance
- apply financial concepts and tools to assist in managerial decision making in the maritime and logistics industries
- apply various techniques available to manage business risks in the maritime and logistics industries
|Field of Education||Commencing Student Contribution 1||Grandfathered Student Contribution 1||Approved Pathway Course Student Contribution 2||Domestic Full Fee|
- Available as a Commonwealth Supported Place
- HECS-HELP is available on this unit, depending on your eligibility3
- FEE-HELP is available on this unit, depending on your eligibility4
1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
3 Please refer here for eligibility for HECS-HELP
4 Please refer here for eligibility for FEE-HELP
Please note: international students should refer to this page to get an indicative course cost.
|Assessment||Test or quiz (15%)|Test or quiz (10%)|Examination - invigilated (externally - Exams Office) (40%)|Report (35%)|
|Timetable||View the lecture timetable | View the full unit timetable|
Required readings will be listed in the unit outline prior to the start of classes.
|Links||Booktopia textbook finder|
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.