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Postgrad

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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
> Teaching Methods
> Assessment
> Aims & Objectives
> Generic Skills Outcomes
> Content
> Textbooks
> References

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). 


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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.


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Teaching Methods:

Distance education

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Assessment:

Continuous assessment


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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


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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.

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Textbooks:

Not required

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References:

To be supplied with study material


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