Financial Decision Making unit (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	University College
Discipline	Pathways
Coordinator	Mr Michael Stewart
Available as an elective?	Yes
Delivered By	University of Tasmania
Level	Introductory

Availability

Specific information on 2027 unit availability will be available in August

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

2027 fee information will be available in August.

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.
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)
Recommended	N/A

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