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Unit outline_

MMGT6016: Financial Management

Semester 1a, 2024 [Block mode] - Castlereagh St, Sydney

This unit equips candidates with the financial management skills and tools to analyse, interpret, and act upon the accounting and financial information produced within an organisation. The unit covers different types of financial information and how this can be utilised to generate insights about organisational performance, position and risk as well as make management decisions that generate economic value. Real life complexities in the performance evaluation and decision making process are also discussed, along with limitations relating to the individual approaches and techniques presented.

Unit details and rules

Academic unit Management Education
Credit points 6
Prerequisites
? 
None
Corequisites
? 
None
Prohibitions
? 
MMGT6003 or MMGT6017
Assumed knowledge
? 

This unit is appropriate for candidates with no prior knowledge of accounting and financial management

Available to study abroad and exchange students

No

Teaching staff

Coordinator Gustavo Pintado Sanchez, gustavo.pintadosanchez@sydney.edu.au
The census date for this unit availability is 8 March 2024
Type Description Weight Due Length
Supervised exam
? 
Final exam
Open-book exam
40% April exam week 2 hours
Outcomes assessed: LO1 LO2 LO3 LO4
Assignment Individual assignment 1
Analysing the business performance and position of an organisation
25% Week 04
Due date: 12 Mar 2024 at 23:59

Closing date: 19 Mar 2024
1000 words
Outcomes assessed: LO2
Assignment Individual assignment 2
Analysing business unit/service/product portfolio of an organisation
35% Week 06
Due date: 01 Apr 2024 at 23:59

Closing date: 08 Apr 2024
1500 words
Outcomes assessed: LO2 LO4

Assessment summary

  • Individual assignments 1 and 2: These assessments require the completion of a business report to the executive management of a company, analysing financial performance and position of the organisation and its activities. These will be assessed in terms of: application of ratio analysis, use of research to support arguments (where applicable), quality and depth of the analysis, and written communication and presentation. Specific submission dates will be provided separately in class.
  • Final exam: The final exam is open-book, and tests understanding of all examinable material presented in the unit of study sessions. It examines understanding and application of knowledge, analysis and problem solving and communication.

Detailed information for each assessment can be found on Canvas.

 

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

Use of generative artificial intelligence (AI) and automated writing tools

You may only use generative AI and automated writing tools in assessment tasks if you are permitted to by your unit coordinator. If you do use these tools, you must acknowledge this in your work, either in a footnote or an acknowledgement section. The assessment instructions or unit outline will give guidance of the types of tools that are permitted and how the tools should be used.

Your final submitted work must be your own, original work. You must acknowledge any use of generative AI tools that have been used in the assessment, and any material that forms part of your submission must be appropriately referenced. For guidance on how to acknowledge the use of AI, please refer to the AI in Education Canvas site.

The unapproved use of these tools or unacknowledged use will be considered a breach of the Academic Integrity Policy and penalties may apply.

Studiosity is permitted unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission as detailed on the Learning Hub’s Canvas page.

Outside assessment tasks, generative AI tools may be used to support your learning. The AI in Education Canvas site contains a number of productive ways that students are using AI to improve their learning.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

Support for students

The Support for Students Policy 2023 reflects the University’s commitment to supporting students in their academic journey and making the University safe for students. It is important that you read and understand this policy so that you are familiar with the range of support services available to you and understand how to engage with them.

The University uses email as its primary source of communication with students who need support under the Support for Students Policy 2023. Make sure you check your University email regularly and respond to any communications received from the University.

Learning resources and detailed information about weekly assessment and learning activities can be accessed via Canvas. It is essential that you visit your unit of study Canvas site to ensure you are up to date with all of your tasks.

If you are having difficulties completing your studies, or are feeling unsure about your progress, we are here to help. You can access the support services offered by the University at any time:

Support and Services (including health and wellbeing services, financial support and learning support)
Course planning and administration
Meet with an Academic Adviser

WK Topic Learning activity Learning outcomes
Week 02 Working with accounting and financial information Block teaching (6 hr) LO1
Week 03 Analysing organisational financial performance Block teaching (10 hr) LO1 LO2
Week 04 Evaluating and managing profitability of product/service portfolios Block teaching (4 hr) LO1 LO4
Decision-making frameworks to optimise value in the short-term Block teaching (4 hr) LO1 LO2
Week 05 Decision-making frameworks to optimise value in the longer-term Block teaching (8 hr) LO1 LO3
Week 06 Capital budgeting analysis and review of unit Block teaching (8 hr) LO1 LO3 LO4

Attendance and class requirements

Attendance and pre-reading of materials is expected.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

All readings for this unit can be accessed through the Library eReserve, available on Canvas.

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. Understand the benefits and limitations of accounting and finance information and analytical techniques for management decision-making purposes
  • LO2. Analyse accounting and financial information to examine organisational performance and position and make decisions that create financial value
  • LO3. Analyse accounting and financial information to make decisions that optimise value
  • LO4. Evaluate business-unit and product/service portfolios from an accounting and financial value-creation perspective.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

This is the first time this unit has been offered

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.