2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Accounting and Financial Management|
|Offered||Intensive March and Intensive August|
|Additional Information||This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).|
|Lectures||Block mode, 5 days, 9am-5pm|
|Assessment||individual assignment (50%) and exam (50%)|
|Description||This unit focuses on the theory and practice of financial decision making and financial management within organisations. Its subject matter includes a review of the economic logic of financial decisions, drawing on the modern theories of finance and management accounting. Topics covered include capital budgeting, costing for pricing, real options valuation, and all of the other fundamental elements of financial decision making. Decision making within a management context is emphasised. The unit requires an understanding of not only economic principles but also broader behavioural and organisational considerations. The objective of the unit is to balance the need for quantitative and qualitative management tools. The philosophy is that in a sophisticated organisation, these are inseparable essentials of successful financial management.|