UnitLevel 5Postgraduate

LEV5004 Financial management and resource utilisation

Faculty of Business and Economics

LEV5004 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 2022. It has no prerequisites.

Credit points
6
Offered in 2022
Other periods
Monash Online India
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2022 handbook entry. See the 2024 entry.

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Requisites

Before LEV5004

Prohibitions

You can't enrol if you have passed any of these.

After LEV5004

No unit lists LEV5004 as a prerequisite in the 2022 handbook.

Enrolment rules

You must be enrolled in course B4010, B4011, B5009, B6031, B6032 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 2022

Teaching periodCampusMode
Teaching period 5Monash Online IndiaMo

Assessment

  • Within semester assessment
    100%

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 Mukesh Garg

Common questions

What are the prerequisites for LEV5004?

LEV5004 has no prerequisites, but enrolment rules apply.

When is LEV5004 offered?

LEV5004 has no offerings listed in the 2022 handbook.

How much work is LEV5004?

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

Does LEV5004 have an exam?

No. LEV5004 has 1 assessment task and no exam.

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 4
Study abroad
Not available
Handbook years
202220232024