units

BFF5959

Faculty of Business and Economics

18 September 2017 22 December 2024

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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

Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Banking and Finance

Coordinator(s)

Mr David Robinson

Offered

Caulfield

  • First semester 2016 (Evening)
  • Second semester 2016 (Day)

Synopsis

This unit provides an introduction to terminology, concepts and techniques used in accounting and finance. Important areas to be discussed include understanding financial statements, basic analysis of financial statements, working capital management, the framework of capital budgeting, and time value of money. International issues in accounting will also be examined. The emphasis will be on decision making and value creation in a global environment.

Outcomes

The learning goals associated with this unit are to:

  1. develop an understanding of the nature and roles of accounting and finance in managing in a global environment
  2. explore the process of value management in a global world
  3. develop competencies and computational skills required to prepare and evaluate the strategies and tactics associated with value creation
  4. develop an appreciation for the relevance of theory and its linkage with practice
  5. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with principles of accounting and finance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered in BFF5959.

Assessment

Within semester assessment: 40%
Examination: 60%

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)

Professor Christine Brown

Co-requisites

Students must be enrolled in 2098 or 4411 to enrol in this unit.

Prohibitions

AFX9590 and BFM5959