Swinburne University of Technology - Melbourne Australia
Future Students - Courses
Duration
Contact Hours
Campus
Prerequisite
Corequisite
12 Weeks
36 hours of contact in weekly or block mode
Hawthorn
HBC480 Accounting Information and Managerial Decision Making
Credit Points: 12.5 Credit Points
A core unit in the Master of Business Administration .
This unit is designed to deal with the financial uncertainties of the future and explores the scientific techniques of coping with uncertainty and risk. The principal objective of the unit is to foster a robust financial awareness in students and enable them to make informed investment and financing decisions for sustainable value creation. It helps students to distinguish between ‘opportunities’ and ‘traps’ as well as the relationship between risk and reward. The unit offers valuable mathematical and statistical insight into the functioning of modern banks and other financial institutions providing capital. It aims to foster an understanding of the financial techniques necessary for correct evaluation of a firm’s financing and investment options and making valid decisions for long-term survival and success of the firm in an ethically challenging and globally complex world. It is intended to create appropriate practical skills of seeking out information, looking at a problem from the perspectives of leadership challenges, marketing imperatives, technological changes, strategic fits, and financial prudence, and engaging into meaningful debate on those issues.
Lectures; class presentation and participation in debates
Class test (15% - 25%) Group assignment (25% - 35%) Final examination (45% - 55%)
The general thrust of the unit is to enhance the ability to utilise the disciplines of finance and quantitative analysis in decision-making. This, in turn, develops the skill of making informed judgements and help taking effective, ethical and timely actions as to current and future acquisition and allocation of resources in a complex global environment. It also contributes to students developing the capacity for lifelong learning.
Risk / return trade-off in financial decisions Time Value of Money (TVM) Investment project evaluation and project selection Equity and non-equity sources of capital Cost of capital and benchmarks for capital commitments Financial diagnosis and leverage analysis Working capital, cash and current asset management
Petty, JW, Peacock, R, Martin, P, Burrow, M, Keon, A J, Scott, DFJ & Martin, JD 2005, Financial management, 4th edn, Prentice-Hall.
Ross, SA, Spencer, CT, Mark, JC, Randolph, WW & Bradford, DJ 2000, Fundamentals of corporate finance, 1st Australian edn, McGraw Hill, Sydney.
