DOLLARS AND SENSE
BUS1AFB
2019
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.
School: La Trobe Business School
Credit points: 15
Subject Co-ordinator: Ngan Nguyen
Available to Study Abroad Students: Yes
Subject year level: Year Level 1 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: N/A
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/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. 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)
05. 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(Autonomy and independence)
06. Apply basic math to solve accounting and financing business problems
- Activities:
- Classroom enquiry based learning activities
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Writing,Speaking,Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Inquiry/Research)
Albury-Wodonga, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Bendigo, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Earl 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
China (ECNU), 2019, Week 37-52, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
China (ECNU), 2019, Week 28-31, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
China (SiChuanUni), 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
China (SiChuanUni), 2019, Semester 2, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Melbourne, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Melbourne, 2019, Semester 2, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Melbourne, 2019, Summer, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
Class requirements
Problem Based LearningWeek: 45
One 2.0 hours problem based learning per week on weekdays during the day in week 45 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: 45
One 1.0 hours lecture per week on weekdays during the day in week 45 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Mildura, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Jeremy 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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Shepparton, 2019, Semester 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Sydney, 2019, Study Period 1, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Sydney, 2019, Study Period 2, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Sydney, 2019, Study Period 3, Blended
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Vietnam (Hanoi University), 2019, Semester 1, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |
Vietnam (Hanoi University), 2019, Semester 2, Blended
Overview
Online enrolment: No
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Ngan Nguyen
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* |
|---|---|---|---|
| Numeracy Diagnostic (500 words equivalent) | 10 | 06 | |
| Best 4 of 5 On-line Quizzes (500 words equivalent) | 10 | 01, 02, 04, 05 | |
| Best 4 of 5 Class Quizzes (500 words equivalent) | 10 | 01, 02, 04 | |
| 1,000-word Assignment | 20 | 01, 04 | |
| 2-hour Final Examination (2000 words equivalent) | This assessment will report on the Graduate Capability of Quantitative literacy. | 50 | 01, 03, 06 |