Faculty of Business and Economics

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.


Business and Economics


Mr Mark Bender



  • Second semester 2016 (Online)


  • Second semester 2016 (Online)
  • Summer semester B 2016 (On-campus block of classes)


  • First semester 2016 (Online)
  • Second semester 2016 (Online)


  • Second semester 2016 (Online)


This unit provides students with basic financial literacy and money and life skills to assist in their transition into the workforce and adult life.

Topics covered can include selections from the following: personal budgeting; financial goal setting; the financial environment; money maths; understanding risk; taxation basics; money and contracts; identifying and using support resources, and consumer rights and protections.

This subject seeks to improve students ability to make informed judgements and effective decisions about the use and management of money.


The learning goals associated with this unit are to:

  1. understand key concepts of money management
  2. gain a working knowledge of financial institutions, systems, services and resources
  3. develop and apply a range of analytical and problem solving skills
  4. demonstrate attitudes which allow effective and responsible management of financial affairs.


Within semester assessment: 100%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)