Financial Literacy and Decision Making

Unit code: BAO1000 | Study level: Undergraduate
12
(Generally, 1 credit = 10 hours of classes and independent study.)
City Campus
Footscray Park
VU Brisbane
VU Sydney
N/A
Overview
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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:

  1. Review different types of decisions relevant to maximising business performance and personal wealth;
  2. Articulate and apply knowledge of key accounting and finance concepts when analysing and interpreting financial reports;
  3. Evaluate new trends in financial markets and instruments to analyse the operations of financial system; and,
  4. Analyse financial information using spreadsheet skills and professionally communicate such information to interested parties.

Study as a single unit

This unit can be studied on its own, without enrolling in a full degree.

Learn more about single units of study at VU

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

For students studying at Central University of Finance and Economics, Henan University, Liaoning University, National School of Business Management, Colombo, Sunway College Johor Bahru
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)

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):

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