BUS1AFB
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(Writing,Speaking,Quantitative Literacy)
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(Writing,Speaking,Quantitative Literacy)
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(Writing,Speaking,Quantitative Literacy)
- Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
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(Writing,Speaking,Quantitative Literacy)
- Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups,Autonomy and independence)
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(Writing,Speaking,Quantitative Literacy)
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(Teamwork including leadership and working in groups,Autonomy and independence)
Subject options
Select to view your study options…
Albury-Wodonga, 2018, Semester 1, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorGreg Jamieson
Class requirements
Problem Based LearningWeek: 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."
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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."
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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."
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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."
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorGreg Jamieson
Class requirements
Problem Based LearningWeek: 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."
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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."
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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."
LectureWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 LearningWeek: 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 element | Comments | % | ILO* |
|---|---|---|---|
| Skill Development Tasks, including class quizzes | This 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 interpretation | 30 | 03, 05 | |
| Group Presentation, including calculation and quantitative data presentation (5 min per student) | Group of 3 students | 20 | 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 |