0 points, SCA Band 1, 0.000 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Not offered in 2019
Students must be enrolled in Executive Master of Public Administration (A6014) to undertake this unit.
Public financial management covers a range of resource management practices that underpin policy-making in contemporary government, including fiscal rules to guide government spending and borrowing, multi-year expenditure frameworks that capture the longer term impacts of current policy decisions, and performance-based budgeting to inform the level and relative priority of funding allocations. This unit introduces key conceptual and practical knowledge to integrate financial and non-financial performance in the public sector, and how to apply it to generate public value.
On successful completion of the unit, students will be able to:
- recognise and explain the major theoretical frameworks and concepts that underpin contemporary public sector budget and financial management processes;
- analyse government finance frameworks;
- evaluate the applications of finance principles to public sector projects;
- critique a range of accountability and political processes;
- conceptualise and design budgets.
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. A 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
This unit applies to the following area(s) of study
Executive Master of Public AdministrationExecutive Master of Public Administration (http://www.monash.edu.au/pubs/2018handbooks/courses/A6014.html)