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Unit of study_

MMGT6017: Advanced Financial Management

Intensive April, 2022 [Block mode] - Remote

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.

Unit details and rules

Unit code MMGT6017
Academic unit Management Education
Credit points 6
Prohibitions
? 
MMGT6003 or MMGT6016
Prerequisites
? 
None
Corequisites
? 
None
Assumed knowledge
? 

Working knowledge of basic financial and accounting principles

Available to study abroad and exchange students

No

Teaching staff

Coordinator Trent Hagland, trent.hagland@sydney.edu.au
Type Description Weight Due Length
Assignment Individual assignment 1
Case study
50% Week 06
Due date: 29 Mar 2022 at 17:00
2000 words
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Final exam (Take-home short release) Type D final exam Final exam
A mix of extended response and calculation questions
50% Week 08
Due date: 14 Apr 2022 at 14:00
3 hours
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Type D final exam = Type D final exam ?

Assessment summary

The assessment for this unit consists of an assignment of 2,000 words (50%) and a final exam worth 50% (which contains a mix of extended response and calculation questions). Detailed information for each assessment can be found on Canvas. 

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Session 1 - Course introduction Block teaching (3 hr)  
Session 2 - Financial management and the firm Block teaching (3 hr) LO1 LO2
Session 3 - Contemporary issues in finance Block teaching (3 hr) LO4
Week 02 Session 4 - Internal finance and indirect finance Block teaching (3 hr) LO1 LO3 LO4
Session 5 - Capital markets funding - bond and equity markets Block teaching (3 hr) LO1 LO3
Session 6 - Business finance: the challenges; Financial statements: an introduction Block teaching (3 hr) LO1 LO2 LO3 LO4 LO5
Week 03 Session 7 - Financial statements (continued) Block teaching (3 hr) LO1 LO2 LO5
Session 8 - Financial ratio analysis Block teaching (3 hr) LO1 LO2 LO5
Session 9 - Financial ratio analysis - case study Block teaching (3 hr) LO1 LO2 LO5
Week 04 Session 10 - Assignment work; Investment decisions and capital budgeting: an introduction Block teaching (3 hr) LO1 LO2 LO3 LO4 LO5
Session 11 - Investment decisions and capital budgeting Block teaching (3 hr) LO5
Session 12 - The cost of capital Block teaching (3 hr) LO2 LO3 LO5
Week 05 Session 13 - Risk Block teaching (3 hr) LO2 LO4
Session 14 - Private equity; Acquisitive growth Block teaching (3 hr) LO1 LO3
Session 15 - Course review Block teaching (3 hr) LO1 LO2 LO3 LO4 LO5

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. Identify the key decisions that managers face from a financial perspective; master techniques required to deal with these complexities.
  • LO2. Apply the tools which accurately determine the financial condition of the firm.
  • LO3. Assess the funding avenues available to the firm.
  • LO4. Appraise the broader financial environment so as to allow a proper assessment the circumstances encountered by the firm.
  • LO5. Conduct complex analyses to assist in the determination of the use of funds (capital budgeting).

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

No changes have been made since this unit was last offered

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.