Students

MQBS1040 – Financial Management for Business

2024 – Session 2, In person-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Unit Convenor
Tas Husain
tas.husain@mq.edu.au
Contact via Email
Building 4ER, Room 354
TBA - check iLearn for details
Credit points Credit points
10
Prerequisites Prerequisites
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit describes and develops knowledge and skills in finance and accounting. Students will learn about financial institutions, financial markets, risk and regulation. They will explore the role of accounting and the accounting profession in business and society. Students will be provided with an opportunity to discuss evolving issues in and means of evaluating and presenting accounting and finance information. The key emphasis is on understanding how such information assists managers when making important business decisions.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Understand basic accounting and finance principles and concepts.
  • ULO2: Interpret key financial tools that are used in real world environments.
  • ULO3: Evaluate investment opportunities by applying financial analysis techniques.
  • ULO4: Develop financial decision making skills to optimise the performance of an organisation.

General Assessment Information

Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.  

For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance assessments/presentations, and/or scheduled practical assessments/labs, students need to apply for Special Consideration.

Assessment Tasks

Name Weighting Hurdle Due
Active Engagement 30% No Continuously from Weeks 3-12
Group Report and Presentation 30% No Written Report - Week 9; Presentations: Week 10 and 11
Final Examination 40% No University Examination Period

Active Engagement

Assessment Type 1: Participatory task
Indicative Time on Task 2: 20 hours
Due: Continuously from Weeks 3-12
Weighting: 30%

 

a. Weekly Workshop activities (10%): Weekly workshop participation is expected throughout the session. Students are expected to attend all workshops and participate in activities. Student performance in these activities will be assessed. During the session, students will be required to actively participate in 10 workshops out of 12 (1% each) b. In Class quizzes (20%) : 3 quizzes held during the session

 
On successful completion you will be able to:
  • Understand basic accounting and finance principles and concepts.
  • Interpret key financial tools that are used in real world environments.

Group Report and Presentation

Assessment Type 1: Report
Indicative Time on Task 2: 20 hours
Due: Written Report - Week 9; Presentations: Week 10 and 11
Weighting: 30%

 

Students (in groups) will be required to conduct a financial statement analysis of an ASX200 organisation. Students will be required to submit a written report (1,500- 2,000 words) worth 15%. Based on their written report, each group will be required to present (5-7 minutes per group) their findings to their class.

 
On successful completion you will be able to:
  • Interpret key financial tools that are used in real world environments.
  • Evaluate investment opportunities by applying financial analysis techniques.
  • Develop financial decision making skills to optimise the performance of an organisation.

Final Examination

Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: University Examination Period
Weighting: 40%

 

During the exam period, a 2-hour final exam will be held. The final examination paper will contain both practical and theory questions, based on the learning outcomes of the unit.

 
On successful completion you will be able to:
  • Understand basic accounting and finance principles and concepts.
  • Interpret key financial tools that are used in real world environments.
  • Evaluate investment opportunities by applying financial analysis techniques.
  • Develop financial decision making skills to optimise the performance of an organisation.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

PRESCRIBED TEXTBOOKS:

  1. Birt, J., Chalmers, K., Maloney, S., Brooks, A., Bond, D. and Oliver, J. (2023) 'Accounting: Business Reporting for Decision Making, 8th Edition (8th edition)', Wiley, QLD, Australia.

  2. Parrino, R., Yong, H. A., Morkel-Kingsbury, N., James, J., Mazzola, P., Murray, J. (2021) 'Fundamentals of corporate finance,  4th Edition (4th edition)', Wiley, QLD, Australia.

  • Access to the textbook is essential for lecture references and for tutorial questions. All chapter references in the unit schedule refer to the prescribed textbook unless otherwise indicated.
  • There are various options available to access/purchase the textbook. Please refer to iLearn for more information on these options.

 

TECHNOLOGY USED AND REQUIRED

  • You must be familiar with the learning management system, iLearn;
  • Leganto where access to the e-textbook and other recommended readings are available can be found in MQBS1040 iLearn website;
  • You will need to conduct research and be familiar with Internet search engines and library database to source materials;

UNIT WEB PAGE

  • Course materials will be made available on the learning management system (iLearn). It is essential that you regularly visit the unit’s web page. It is here that you will have access to the Unit Guide, announcements, supplementary reading materials, lecture and tutorial materials, and staff consultation hours.
  • The web page for this unit can be found at: http://ilearn.mq.edu.au. To access the web page, you need to enter your username, password and second factor authentication. You should contact IT Helpdesk if you need any assistance at: at: https://students.mq.edu.au/support/technology/service- desk

 

LEARNING AND TEACHING ACTIVITIES:

Classes for MQBS1040 in Session 2 2024 comprise of (1) weekly face-to-face on campus lectures and (2) weekly face-to-face on campus workshops/online zoom workshops.

 

Unit Schedule

Study Schedule

Week 1

Decision Making, Financial Management and Role of Accounting

Week 2

Types of Business Organisations

Basic Principles of Financial Management

Week 3

Financial Markets, Financial Instruments and Financing the Business - Part 1 

Week 4

Financial Markets, Financial Instruments and Financing the Business - Part 2 

Week 5

Basic Financial Statements - Part 1

Week 6

 Basic Financial Statements - Part 2

Week 7

Analysis and interpretation of financial statements 

Week 8

 Cost Concepts and Analysis

MID SESSION BREAK

Week 9

Budgeting

Week 10

Time Value of Money

Week 11

Capital Budgeting

Week 12

Ethics and Corporate Governance

Week 13

Revision

 

 

 

 

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit connect.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via the Service Connect Portal, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/. 

When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.

Unit information based on version 2024.03 of the Handbook