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Applied Financial Management

This subject is available as a postgraduate-level MBA subject offered by the International College of Management, Sydney (ICMS). Please click the button below to find a postgraduate course suitable for you.

 

Subject Code:

FIN6011A

Subject Type:

Core

Subject Level:

600

Credit Points:

4 credit points

Subject Rationale:

Due to the complexity of the global business environment, there is a need for MBA graduates to understand financial management and its function within an organisation.

In this subject, students will learn how to read, analyse, and interpret financial data as well as evaluate business performance based on real life scenarios, making decisions about business funding, capital investments, optimising a firm’s capital structure, and how and when to return capital to investors.

Students will evaluate various challenges and limitations associated with trying to achieve positive outcomes for various groups of stakeholders. They will explore relationships between the organisational goal of increasing its value, corporate social responsibility, sustainability and its impact on society and the environment.

Students will also have an opportunity to practice common management accounting techniques they will encounter as leaders, such as cost, performance measurement, budgeting and forecasting as well as techniques focused on improving value-creating activities and the sustainability of a business.

Learning Outcomes:

a) Explore the role of governance and financial management within an organisation.

b) Analyse financial data and evaluate financial performance of a business.

c) Apply capital budgeting methods to investment decisions within a business.

d) Examine various funding options and make recommendations applicable to specific business scenarios.

e) Apply various management accounting techniques to improve value creating activities and sustainability of a business.

Assessment Information:

Learning outcomes for this subject are assessed using a range of assessment tasks as described in the table below.