FIT5159 IT for financial decisions
Faculty of Information Technology
FIT5159 IT for financial decisions is a level 5, 6-credit-point, postgraduate unit from the Faculty of Information Technology, offered in 2021 in Semester 2 at Clayton. It has no prerequisites.
- Credit points
- 6
- Offered in 2021
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 3 other tasks
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2022 entry.
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Requisites
Before FIT5159
No prerequisites or corequisites besides the enrolment rules below.
After FIT5159
No unit lists FIT5159 as a prerequisite in the 2021 handbook.
Enrolment rules
Prerequisites:
FIT9131 or equivalent. For C6007 students who commended in 2020: None.
Basic descriptive and inferential statistics, some financial accounting and basic business finance knowledge.
Overview
This unit provides students with an understanding of the development and use of IT tools and techniques for modelling and decision support in the field of finance. The unit is designed to give students a broad understanding of the financial subsystems confronting business enterprises. The main focus, besides the traditional modelling of finance decision making process using spreadsheet tools, will be IT tools and related techniques that can aid in the analysis and interpretation of real financial problems confronting an enterprise. This unit will look at business related financial issues in the context of specific case studies.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Assignment 1AssignmentThreshold hurdle15%
- Assignment 2AssignmentThreshold hurdle20%
- Tutorial participationParticipationThreshold hurdle5%
- Scheduled final assessment (2 hours and 10 minutes)ExamThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Explain the core foundations of finance, as appropriate to key financial analysis and decision making;
- 2
Analyse the core technologies that support financial analysis and decision making;
- 3
Implement quantitative techniques supporting financial analysis and decision making;
- 4
Apply the technologies and techniques studied to solving financial issues;
- 5
Analyse financial solution requirements and select appropriate technical and quantitative decision aids;
- 6
Interpret outputs from quantitative and technology based finance tools to aid in decision making.
Workload and teaching
- Tutorials24 hours
- Lectures24 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled online and face to face learning activities and independent study. Independent study may include associated reading 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 and online engagement.
Learning resources
Recommended resources
Besley S., Brigham E. F., Henry D. & Watanabe T. (2013). Corporate Finance: The Essentials (1st Edition). Cengage Learning Australia.
Technology resources
Expert Choice software and spreadsheets . The software is available in the labs.
Contacts
- Chief Examiners
- Dr Caddie Gao
Common questions
What are the prerequisites for FIT5159?
FIT5159 has no prerequisites, but enrolment rules apply.
When is FIT5159 offered?
In 2021, FIT5159 runs in Semester 2 at Clayton.
How much work is FIT5159?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does FIT5159 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 3 other tasks.