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Finance and Budgeting (AMGT90013)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Semester 2
Overview
Availability | Semester 1 Semester 2 |
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Fees | Look up fees |
This subject introduces students to the fundamentals of financial management and budgeting in arts organisations. Commencing with an examination of the principal financial reports the subject takes students through the nature and type of transactions undertaken by arts organisations, how these transactions are recorded in financial statements and the steps necessary to prudently manage arts organisations. In the second half of the semester students examine the preparation and evaluation of financial budgets in arts organisations. Specifically students address the budgeting process, budget preparation and the use of financial and performance measurement systems.
Intended learning outcomes
On successful completion of this subject, student should have:
- acquired an understanding of key financial accounting principals;
- developed skills in reading and evaluating financial statements;
- gained an awareness of current financial accounting issues as they relate to managing arts organisations; and
- gained skills in developing financial planning strategies for arts organisations.
Generic skills
At the completion of this subject, students should gain the following generic skills:
- have advanced their communication skills through contributions to seminar discussions and presentations;
- have developed their research, analytical and writing skills;
- have expanded their conceptual skills and creative thinking;
- have increased their capacity for effective teamwork through group discussions and collaboration; and
- have developed their time management and planning skills through managing subject workload requirements.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- A series of assignments equivalent to 3,000 words (60%), due throughout the semester
- A take-home examination equivalent to 2,000 words (40%), during the examination period
- Hurdle: Students are required to attend a minimum of 80% of classes in order to pass this subject and regular class participation is expected.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Richard Comerford Mode of delivery On Campus (Parkville) Contact hours Total 36 hours: 3-hour seminar per week. Total time commitment 170 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
- Semester 2
Principal coordinator Richard Comerford Mode of delivery On Campus (Parkville) Contact hours Total 36 hours: 3-hour seminar per week. Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Time commitment details
170 hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
An online reader will be available via the subject’s LMS website, as well as a printed version from the University Bookshop.
- Subject notes
Admission to the Postgraduate Diploma Arts & Cultural Management, Master of Art Curatorship, Master of Arts and Cultural Management, or Master of Arts and Cultural Management (Moving Image).
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Diploma in Arts and Cultural Management (Advanced) Informal specialisation 200 Point Master of Arts and Cultural Management Informal specialisation 100 Point Master of Art Curatorship Informal specialisation 100 Point Master of Arts and Cultural Management Informal specialisation 150 Point Master of Art Curatorship Informal specialisation 150 Point Master of Arts and Cultural Management Informal specialisation 200 Point Master of Art Curatorship - Links to additional information
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Additional information for this subject
Subject coordinator approval required
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022