units

BFP3400

Faculty of Business and Economics

18 September 2017 20 April 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

Undergraduate - 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

Offered

Peninsula

  • Second semester 2016 (Day)

Synopsis

This unit expands upon the basic accounting and finance concepts introduced to students in ACP1000, with emphasis on the application of those concepts to a range of problems of relevance to the sport industry. On completion, students will have a clear understanding, within a sport industry context, of the application, role and importance of financial statement preparation and analysis, costing and budgeting principles, sources of finance for sport facilities and events, and the financial aspects of sport facilities management. Emphasis within the unit will be on the utilisation of spreadsheets for analysis, control and budgeting purposes.

Outcomes

The learning goals associated with this unit are to:

  1. understand how costing, budgeting and accounting systems can be applied in the financial management and operations of sport organisation
  2. apply the concepts of the time value of money, capital structuring and capital budgeting to problems of relevance to the sport industry
  3. analyse and make recommendations on the financial feasibility of sport events, organisations and facilities, using a range of problems of relevance to the sport industry
  4. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with sport finance principles and demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in BFP3400

Assessment

Within semester assessment: 60% Examination: 40%

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)

Mr Peter Krueger

Prerequisites

Students must have passed one of the following units before undertaking this unit: AFP1000, AFW1000, AFF1000, ACP1000, ACW1000 or ACF1000