Financial Literacy and Decision Making
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
VU Brisbane
VU Online
VU Sydney
Prerequisites
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
Learn how to make informed judgements and effective decisions around managing money, including digital currencies, in the Financial Literacy and Decision Making unit.
In this unit, you will enhance your financial literacy with key budgeting, reporting and analytical knowledge.
This knowledge base is crucial for senior managers and board members, to ensure they can articulate their organisation’s financial position and guide operational improvements.
These skills underpin good governance and decision-making, which are essential to achieving an organisation's goals.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Review different types of decisions relevant to maximising business performance and personal wealth;
- Articulate and apply knowledge of key accounting and finance concepts when analysing and interpreting financial reports;
- Evaluate new trends in financial markets and instruments to analyse the operations of financial system; and,
- Analyse financial information using spreadsheet skills and professionally communicate such information to interested parties.
Assessment
For Melbourne campuses
Assessment type: Test | Grade: 10%
Multiple choice questions
Assessment type: Assignment | Grade: 30%
A market survey on financial instruments/interpreting financial statements
Assessment type: Assignment | Grade: 25%
Developing a budget or set of financial statements via excel (Group)
Assessment type: Timed Assessment Task | Grade: 35%
In-class assessment piece
Other locations
Assessment type: Test | Grade: 10%
Multiple Choice Tests
Assessment type: Assignment | Grade: 30%
A market survey on financial instruments/interpreting financial statements
Assessment type: Assignment | Grade: 25%
Developing a budget or set of financial statements via excel (Group)
Assessment type: Examination | Grade: 35%
Final Exam (3 Hours)
Assessment type: Assignment | Grade: 30%
Essentials of financial literacy
Assessment type: Case Study | Grade: 30%
Share market assignment
Assessment type: Report | Grade: 40%
Developing a budget or set of financial statements via Excel
Required reading
Selected readings will be made available via VU Collaborate.
As part of a course
This unit is studied as part of the following course(s):