Budgets and Financial Management (MGMT90126)

Budgeting & Financial Management, like most areas of work, requires an understanding of a specific vocabulary, an ability to overcome anxiety and fears, and the discipline to consistently apply foundation principles. This subject is designed to provide students with the ability apply the foundation principles of financial management and budgeting in the context of a variety of organisations. Specifically, the program will examine the language of financial management and budgeting, how foundation principles of financial management and budgeting can be used to enhance the sustainability and effectiveness of organisations and the natural tensions that arise between financial management and the non-financial goals of organisations. The subject makes extensive use of practical and case based learning. Students are required to complete a work-related assignment.