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 of study 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. Among the topics covered are capital budgeting, costing for pricing, real options valuation, and all of the other fundamental elements of financial decision making. The unit of study emphasizes decision making within a management context. This requires an understanding of not only economic principles but also broader behavioural and organisational considerations. The objective of the unit of study is to balance the need for quantitative and qualitative management tools. The philosophy of the subject is that in a sophisticated organisation, these are inseparable essentials of successful financial management.|