Unit of Study BUSN6013 Financial Management for Small Businesses (2024)

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Unit Snapshot

Unit type

PG Coursework Unit
Credit points

12
Faculty & College

Faculty of Business, Law and Arts
Placement

No

Enrolment information

Students in the Graduate Certificate in Small Business Management are advised that this is a capstone unit, and as such, should be the final unit of study.

Unit description

Covers essential financial management concepts, principles, and techniques needed by small business owners to develop their financial literacy and confidently manage their business finances. Students will evaluate financial performance and develop strategic financial plans to support sustainable business success.

Unit content

1. Financial Management Fundamentals

2. Assessing Business Financial Health

3. Costs, Break-even and Forecasting

4. Financial Forecasting and Budgeting

5. Financing the Business

6. Contingency Planning

Availabilities

Not offered in 2024

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

interpret key financial statements and ratios to assess business financial health

develop financial forecasts, budgets and supporting analysis to manage business operations and growth

formulate a financial contingency plan to manage financial risks effectively.

Fee information

Domestic

Commonwealth Supported courses
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Fee paying courses
For postgraduate or undergraduate full-fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees.

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