DOLLARS AND SENSE

BUS1AFB

2018

Credit points: 15

Subject outline

In this subject, you will learn how to apply the maths you learned at secondary school to make financial and investment decisions. In so doing, you will learn to make sense of accounting and financial information and learn how to use that understanding to solve financial problems of both a personal and business nature.  You will apply accounting and financial concepts to solve problems, in a range of business contexts: to balance the local footy clubs books; to determine whether an event will break even; to manage the working capital of a tourist destination; to estimate the return of an investment; to develop a budget for the business plan you will pitch to the board; or to define a savings plan to fund your own retirement.  Working independently, and with your class leader and other students, so as to provide you with constant peer support and feedback, you will not only learn the maths, but also the sense, of accounting and finance.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorGreg Jamieson

Available to Study Abroad StudentsYes

Subject year levelYear Level 1 - UG

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Graduate capabilities & intended learning outcomes

01. Analyse and interpret accounting and financial information as it applies to a range of organisational contexts.

Activities:
Financial analysis of the financial accounts of a range of organisations
Related graduate capabilities and elements:
Literacies and Communication Skills

02. Explain and apply the concept of time value of money to calculating present and future values of an investment project.

Activities:
In-class quizzes
Related graduate capabilities and elements:
Literacies and Communication Skills

03. Research, plan and write a valuation and/or appraisal of an investment.

Activities:
Valuation of a company listed on the ASX
Related graduate capabilities and elements:
Literacies and Communication Skills
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills

04. Produce an extended oral presentation with appropriate quantitative data analysis and presentation strategies, which proposes and justifies a budget for a business or project.

Activities:
Draw up a budget for a small start up
Related graduate capabilities and elements:
Literacies and Communication Skills
Literacies and Communication Skills
Inquiry and Analytical Skills
Inquiry and Analytical Skills
Personal and Professional Skills

05. Engage with digital technologies, including calculators and Excel spreadsheets to compute and present accounting and financial information.

Activities:
In-class calculator and spreadsheet exercises
Related graduate capabilities and elements:
Literacies and Communication Skills

06. Identify and access various support systems at La Trobe University to continue to improve your numeric and academic skills.

Activities:
Treasure Hunt
Related graduate capabilities and elements:
Personal and Professional Skills

Subject options

Select to view your study options…

Start date between: and    Key dates

Albury-Wodonga, 2018, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Lecture Week: 10 - 22
One 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"This optional class is in addition to regular classes and is designed as a general revision session."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Bendigo, 2018, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorEarl Jobling

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Lecture Week: 10 - 22
One 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"This optional class is in addition to regular classes and is designed as a general revision session."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

China, 2018, Week 37-52, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 37 - 52
One 2.0 hours problem based learning per week on weekdays during the day from week 37 to week 52 and delivered via face-to-face.
"In addition, students are expected to undertake between 1h and 3h of online learning and assessment activities prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

China, 2018, Week 28-31, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 28 - 31
One 2.0 hours problem based learning per week on weekdays during the day from week 28 to week 31 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

China, 2018, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

China, 2018, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 31 - 43
One 2.0 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Melbourne, 2018, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Lecture Week: 10 - 22
One 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"This optional class is in addition to regular classes and is designed as a general revision session."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Melbourne, 2018, Semester 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 31 - 43
One 2.0 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"In addition, students are expected to undertake between 1h and 3h of online learning and assessment activities prior to class."

Lecture Week: 31 - 42
One 1.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
"This optional class is in addition to regular classes and is designed as a general revision session."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Melbourne, 2018, Summer 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 46
One 2.0 hours problem based learning per week on weekdays during the day in week 46 and delivered via face-to-face.
"In addition, students are expected to undertake between 1h and 3h of online learning and assessment activities prior to class."

Lecture Week: 46
One 1.0 hours lecture per week on weekdays during the day in week 46 and delivered via face-to-face.
"These optional classes are in addition to regular classes and designed as general revision and extension sessions."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Mildura, 2018, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorJeremy Seward

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Lecture Week: 10 - 22
One 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"This optional class is in addition to regular classes and is designed as a general revision session."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Shepparton, 2018, Semester 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Lecture Week: 10 - 22
One 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"This optional class is in addition to regular classes and is designed as a general revision session."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Sydney, 2018, Study Period 1, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Sydney, 2018, Study Period 2, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 31 - 42
One 2.0 hours problem based learning per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Sydney, 2018, Study Period 3, Blended

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning
One 2.0 hours problem based learning per week on weekdays during the day and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Vietnam, 2018, Semester 1, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 10 - 22
One 2.0 hours problem based learning per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05

Vietnam, 2018, Semester 2, Blended

Overview

Online enrolmentNo

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorGreg Jamieson

Class requirements

Problem Based Learning Week: 31 - 43
One 2.0 hours problem based learning per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"In addition, students are expected to undertake between 1h and 3h of online learning and assessment activities prior to class."

Assessments

Assessment elementComments% ILO*
Skill Development Tasks, including class quizzesThis will comprise a range of small classroom and homework activities, equivalent to 1,000 words.20 01, 02, 06
Individual 1,500-word written report, including calculations and interpretation30 03, 05
Group Presentation, including calculation and quantitative data presentation (5 min per student)Group of 3 students20 04, 05
Two individual business numeracy tests (30 + 60 minutes each)Only the second 60 minute test will be centrally examined. This assessment will report on the Graduate Capability of Quantitative literacy.30 01, 05