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 2024. It has no prerequisites.
- Credit points
- 6
- Offered in 2024
- Other periods
- Monash Online
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before LEO5004
No prerequisites or corequisites besides the enrolment rules below.
After LEO5004
No unit lists LEO5004 as a prerequisite in the 2024 handbook.
Enrolment rules
You must be enrolled in a Monash Online course to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
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 you 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 your practical understanding of financial management.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| Teaching period 1 | Monash Online | Mo |
| Teaching period 5 | Monash Online | Mo |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
develop understanding of the methods, structure, and controls required for financial management of the organisation
- 2
demonstrate ability to analyse an organisation’s financial position, including the interpretation of key measures and metrics
- 3
demonstrate ability to evaluate and apply methods of resource allocation, utilisation, and oversight.
Workload and teaching
- Teaching approachActive learning
- Teaching approachProblem-based learning
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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Contacts
- Chief Examiners
- Associate Professor Mukesh Garg
Common questions
What are the prerequisites for LEO5004?
LEO5004 has no prerequisites, but enrolment rules apply.
When is LEO5004 offered?
LEO5004 has no offerings listed in the 2024 handbook.
How much work is LEO5004?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does LEO5004 have an exam?
No. LEO5004 has 1 assessment task and no exam.