Future Students - Courses

Air Transportation Financial Management

Unit Code: HES6620

Duration	Contact Hours	Campus	Prerequisite	Corequisite
1 Semester	Equivalent to 4 contact hours per week		Nil	Nil

Credit Points: 12.5 Credit Points

Related Course/s:

A unit of study in the Graduate Certificate of Aviation (Human Factors), Graduate Diploma of Aviation (Human Factors) and Master of Aviation (Human Factors); Graduate Certificate of Aviation (Management), Graduate Diploma of Aviation (Management) and Master of Aviation (Management).

Aims & Objectives:

Students should complete this unit with a good understanding of the importance and complexities of financial management systems in an airline, particularly where earnings, contracts and debts may be in a range of currencies other than the home country currency. Coupled with this is appreciating and depreciating trade currencies and changing exchange rates in today's market place.

Teaching Methods:

Distance education

Assessment:

Continuous assessment

Generic Skills Outcomes:

At the completion of this unit, students should exhibit the following graduate attributes:

are capable in their chosen professional, vocational or study areas
operate effectively and ethically in work and community situations
are adaptable and manage change
are entrepreneurial in contributing to innovation and development within their business, workplace or community
are aware of environments in which they will be contributing

Content:

The topics studied in detail in this unit will be drawn from the following:

IATA guidelines and international accounting practices/standards.
Revenue and frequent flyer programming.
Aircraft asset valuation and depreciation policies/asset and expense disclosure.
Finance and operating lease information.
Foreign exchange/contracts earnings and variations.

Textbooks:

Not required

References:

To be supplied with study material