UnitLevel 5Postgraduate

LEO5004 Financial management and resource utilisation

Faculty of Business and Economics

LEO5004 Financial management and resource utilisation is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics. It isn't offered in 2020. It has no prerequisites.

Credit points
6
Offered in 2020
Not offered
Workload
144 hours
per semester

This is the 2020 handbook entry. See the 2027 entry.

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Overview

Rapid changes in competitive models and capital markets create new challenges for organisations to manage the resources necessary to compete, particularly financial resources. To support on-going organisational performance and to inform decisions for organisational transformation, the organisation’s financial management and resource utilisation must align with the organisation’s strategic intent. This unit introduces principles of financial management and prepares students to understand the reports (e.g. financial statements), measures and control systems required to maintain competitive positions and enable organisational advancement. Building on foundational concepts and a critical review of resource allocation and control systems, the unit provides a series of targeted lessons that extend students' practical understanding of financial management.

Offerings in 2020

The 2020 handbook lists no offerings for LEO5004.

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    develop understanding of the methods, structure, and controls required for financial management of the organisation

  2. 2

    demonstrate ability to analyse an organisation’s financial position, including the interpretation of key measures and metrics

  3. 3

    demonstrate ability to evaluate and apply methods of resource allocation, utilisation, and oversight.

Workload and teaching

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.

Contacts

Chief Examiners
Associate Professor Jonathan Matheny

Common questions

What are the prerequisites for LEO5004?

LEO5004 has no prerequisites.

When is LEO5004 offered?

LEO5004 has no offerings listed in the 2020 handbook.

How much work is LEO5004?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Business and Economics
Organisational unit
Monash Business School of Executive Education
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 3
Study abroad
Not available