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

Postgraduate - Unit

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


Business and Economics

Organisational Unit

Department of Management


Professor Gabriele Buchholz



  • Second semester 2016 (On-campus block of classes)
  • Second semester 2016 (Off-campus)


This unit studies financial resource allocation and management within the public sector. The focus is on the theory and practice of an integrated cycle of resource management used extensively in public sector planning, budgeting and resource allocation, performance management and reporting. The unit demonstrates the importance of integrating finance into an overall planning structure.


Our student will be able to:

  1. analyse the key elements of a 'performance-based' public sector financial management framework
  2. analyse key issues and trends in public sector financial management
  3. apply public sector financial management theory to evaluate current policies and practices
  4. evaluate the financial implications of policy objectives and competing priorities.


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)


Students must be enrolled in one of the following courses: 0105, 0319, 2099, 2778, 1065, 3801, 1506, 2643, 2642, 0200, 0201, 0028 or 1822