This unit focuses on the theory and practice of financial decision making and management within organisations. Its subject matter includes a review of the economic logic of financial decisions, drawing from the finance and accounting disciplines. Decision making within a management context is emphasised. As such, the unit prepares candidates for the sophisticated management of firm finances. Equally, the unit prepares candidates to advise management on a range of complex strategic financial issues. The unit requires candidates to draw on basic economic principles but also requires them to consider broader behavioural and organisational considerations. The objective of the unit is to balance the need for quantitative and qualitative management tools. The philosophy is that in a sophisticated organisation, these are inseparable essentials for successful financial management.
Block mode, 5 days, 9am-5pm
individual assignment (20%); individual assignment (30%); final exam (50%)
This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).
Working knowledge of basic financial and accounting principles
MMGT6003 or MMGT6016