Hobart, Launceston, Cradle Coast
This unit will provide you with an understanding of financial concepts, practices and tools used to measure and assess the financial performance of a business. The unit will provide knowledge of the range business financial structures to explain the context of the business operating environment. Throughout the unit, case studies, tasks and simulations will develop your skills and knowledge to apply financial practices and processes to create financial statements and reports for business.
The unit focuses on how business managers can ensure financial sustainability of a business, the importance of quality financial information (including forecasting and risk assessment) for business success and informing business decisions.
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
|Unit name||Business Finance|
|Available as student elective?||No|
|Location||Study period||Attendance options||Available to|
|Launceston||Term 1||On-Campus||Off-Campus||International International||Domestic Domestic|
|Launceston||Term 3||On-Campus||Off-Campus||International International||Domestic Domestic Domestic|
|Cradle Coast||Term 1||On-Campus||International||Domestic|
|Cradle Coast||Term 3||On-Campus||International||Domestic|
- International students
- Domestic students
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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.
Special approval is required for enrolment into TNE Program units.
|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 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2019.
- Identify and describe business finance structures, practices and concepts
- Apply financial processes and strategies for business decision-making
- Analyse and communicate financial information to internal and external parties
- Reflect on and evaluate relevant behaviours and skills required for business financial management
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|3||2020: $1,394.00||2020: $2,702.00||080101|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
Blended mode: Online content, full-day workshop (x2), weekly tutorials
AT1: Finance Concepts Worksheet (20%)
AT2: Business Simulation & Financial Statement Analysis Report (30%)
AT3: Business Finance Application (50%)
|Timetable||View the lecture timetable | View the full unit timetable|
Booktopia textbook links
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.