units

BFF5904

Faculty of Business and Economics

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelPostgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedCaulfield Second semester 2015 (Day)

Synopsis

The unit develops an understanding of planning; financing; investing and financial management aspects of new businesses. In addition, it introduces the participant to statutory reporting issues prescribed by regulators. New ventures have special financial characteristics requiring a different approach to financing. Managers need to understand the real enterprise value that is being created so as to provide the intended returns for the resources and risk involved. This unit will address the knowledge and basic skills required by leaders for the financial management of a science and technology business to support strategic management goals.

Outcomes

The learning goals associated with this unit are to:

  1. evaluate and apply financial planning skills involved in making investment decisions including the use of tools such as Excel
  2. understand the financial theories and processes involved in finance decisions and options
  3. develop an understanding of the key entrepreneurial finance issues which includes valuation of science and technology oriented start-ups and related financing processes and options
  4. evaluate and discuss the interpretation of financial reports
  5. compare and contrast the financial management processes necessary to efficiently and effectively manage a science and technology business without stifling innovation
  6. demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFF5904.

Assessment

Within semester assessment: 50%
Examination: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Prerequisites

GSB9004 or AFX9003 or ACX5903 or ACX9003

Prohibitions

AFX9004