Outline

Overview

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

Academic unit	Management Education
Credit points	6
Prerequisites ?	None
Corequisites ?	None
Prohibitions ?	MMGT6003 or MMGT6016
Assumed knowledge ?	Working knowledge of basic financial and accounting principles
Available to study abroad and exchange students	No

Teaching staff

Coordinator	Mike Healy, michael.healy@sydney.edu.au
Lecturer(s)	Mike Healy, michael.healy@sydney.edu.au

Assessment

The census date for this unit availability is 22 August 2025

Details
Criteria

Type	Description	Weight	Due	Length	Use of AI
In-person written or creative task	Exam 1 Short essay assessment	25%	Week 04	5 min reading, 1 hr to complete & submit	AI prohibited
Outcomes assessed:
In-person practical, skills, or performance task or test	Exam 2 Interactive financial assessment in a case study format.	25%	Week 06	5 min reading, 1 hr to complete & submit	AI prohibited
Outcomes assessed:
Case studies	Individual assignment Case study	50%	Week 08 Due date: 26 Sep 2025 at 23:59 Closing date: 06 Oct 2025	2000 words	AI allowed
Outcomes assessed:

Assessment summary

Exam 1 - This assessment will examine your mastery of Weeks 1 & 2 topics, including short-essay-format questions. It is worth 25% of your overall mark for the course.

Exam 2 - Interactive financial assessment in a case study format.
This assessment will examine your mastery of Weeks 3 & 4 topics, involving a case study requiring quantitative and qualitative analysis. It is worth 25% of your overall mark for the course.

Individual assignment - Assignment of 2,000 words (50% of the overall mark).

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 guide to grades.

Use of generative artificial intelligence (AI)

You can use generative AI tools for open assessments. Restrictions on AI use apply to secure, supervised assessments used to confirm if students have met specific learning outcomes.

Refer to the assessment table above to see if AI is allowed, for assessments in this unit and check Canvas for full instructions on assessment tasks and AI use.

If you use AI, you must always acknowledge it. Misusing AI may lead to a breach of the Academic Integrity Policy.

Visit the Current Students website for more information on AI in assessments, including details on how to acknowledge its use.

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.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

For the assignment, a penalty of 5% of the maximum awardable marks will be applied to late work for every calendar day up to and including 10 calendar days after the due date. The penalty will be calculated by first marking the work and then subtracting 5% of the maximum awardable mark for each calendar day after the due date. A mark of zero will be awarded for work submitted more than 10 calendar days after the due date.

Academic integrity

The University expects students to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

Our website provides information on academic integrity and the resources available to all students. This includes advice on how to avoid common breaches of academic integrity. Ensure that you have completed the Academic Honesty Education Module (AHEM) which is mandatory for all commencing coursework students

Penalties for serious breaches can significantly impact your studies and your career after graduation. It is important that you speak with your unit coordinator if you need help with completing assessments.

Visit the Current Students website for more information on AI in assessments, including details on how to acknowledge its use.

Learning support

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.

Support for students

The Support for Students Policy reflects the University’s commitment to supporting students in their academic journey and making the University safe for students. It is important that you read and understand this policy so that you are familiar with the range of support services available to you and understand how to engage with them.

The University uses email as its primary source of communication with students who need support under the Support for Students Policy. Make sure you check your University email regularly and respond to any communications received from the University.

Learning resources and detailed information about weekly assessment and learning activities can be accessed via Canvas. It is essential that you visit your unit of study Canvas site to ensure you are up to date with all of your tasks.

If you are having difficulties completing your studies, or are feeling unsure about your progress, we are here to help. You can access the support services offered by the University at any time:

Support and Services (including health and wellbeing services, financial support and learning support)
Course planning and administration
Meet with an Academic Adviser

Weekly schedule

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

Attendance and class requirements

Attendance at each Lecture and active participation are expected of all students.

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.

Required readings

No required readings. Suggested readings and lecture notes will be provided prior to each Lecture.

Learning outcomes

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.

Outcomes
Graduate qualities

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
Learning outcomes

Responding to student feedback

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

In previous offerings, students had only a Final Exam (50%) and an individual assignment/paper (50%), each of which occurred after the last Lecture. As such, and in the spirit of delivering more timely feedback, the Final Exam will be replaced by two (2) in-class, 1-hour exams in Weeks 3 and 5. The individual assignment/paper requirement remains unchanged.

Additional information

Business School Policies

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.

Current students

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Use of generative artificial intelligence (AI)

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Support for students

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Additional information

Additional information

Disclaimer

On this page

Useful links

MMGT6017: Advanced Financial Management

Semester 2a, 2025 [Block mode] - Castlereagh St, Sydney

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Use of generative artificial intelligence (AI)

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Support for students

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Additional information

Additional information

Disclaimer

On this page

Useful links