Financial Decision Making

Financial Decision Making provides an introduction to some of the key skills required for good financial management within a Christian worldview. It provides the techniques and skills that facilitate objective analysis and evaluation of alternatives that enable both strategic decision making and day-to-day management decisions. The course takes a practical approach using examples taken from both Australian and international organisations

Awards offering Financial Decision Making

This unit is offered as a part of the following awards:

• Associate Degree in Business
• Associate Degree in Ministry
• Bachelor of Arts
• Bachelor of Arts and Bachelor of Applied Social Science
• Bachelor of Arts and Bachelor of Business
• Bachelor of Arts and Bachelor of Education (Secondary)
• Bachelor of Business
• Bachelor of Business and Bachelor of Ministry
• Bachelor of Business and Bachelor of Theology
• Diploma of Arts
• Diploma of Business and Diploma of Entrepreneurship
• Diploma of Business and Diploma of Leadership
• Diploma of Business and Diploma of Ministry
• Diploma of Chaplaincy
• Diploma of Chaplaincy and Diploma of Leadership
• Diploma of Chaplaincy and Diploma of Ministry
• Diploma of Entrepreneurship and Diploma of Leadership
• Diploma of Entrepreneurship and Diploma of Ministry
• Undergraduate Certificate in Arts
• Undergraduate Certificate in Business Studies

Unit Content

Outcomes

1. Evaluate the role of financial management within an organization through the understanding of capital budgeting and structuring, including ethical discussions 
2. Apply the time value of money concept to calculate the value of financial assets and investments to meet a firm’s objective 
3. Apply capital budgeting techniques towards a firm’s operations and goals 
4. Recognise the elements and key players within the financial market and determine how it affects the individual, firm or organisation 
5. Interpret financial data and trends and make recommendations towards a firm/organisation’s objectives 

Subject Content

1. Introduction to financial management
2. Time Value of Money (TVM)
3. Application of TVM
4. Financial Planning and Analysis 
5. Risk and rates of return
6. Introduction to valuation
7. Introduction to Capital Budgeting
8. Capital Budgeting II – cash flow/projects
9. Capital Budgeting III - incorporating risk
10. Financial decision making in the government and NFP sectors 
11. Managing the cost of capital   
12. Financial modelling

This course may be offered in the following formats

• Face-to-Face
• Distance/ Global Online

Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis University College.

Assessment Methods

• Onine Quizzes (30%)
• Case Study Report (20%)
• Final Exam (50%)

Prescribed Text

• Titman, S., Martin, T., Keown, A.J. & Martin, J.D. (2023). Financial Management: Principles and Applications (9th ed.). Frenchs Forest, N.S.W: Pearson Australia

Check with the instructor each semester before purchasing any textbooks