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Finance and Budgeting (AMGT90013)
Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)
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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 - Dual-Delivery Semester 2 - Dual-Delivery |
---|---|
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, students should be able to:
- explain the key principles of financial accounting;
- evaluate and interpret financial statements;
- discuss current financial accounting issues as they relate to the management of arts organisations; and
- develop 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: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into the 175AA Master of Arts and Cultural Management
OR
Program Coordinator approval is required for enrolment by Community Access Program (CAP), Inbound Exchange/Study Abroad or Incoming Cross-institutional students.
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
A series of assignments
| Throughout the semester | 60% |
A take-home examination
| During the examination period | 40% |
Hurdle requirement: Students are required to attend a minimum of 80% of classes in order to pass this subject and regular class participation is expected. | Throughout the teaching period | N/A |
Additional details
Last updated: 31 January 2024
Dates & times
- Semester 1
Principal coordinator Richard Comerford Mode of delivery Dual-Delivery (Parkville) Contact hours Total 36 hours: 3-hour seminar per week. Total time commitment 170 hours Teaching period 28 February 2022 to 29 May 2022 Last self-enrol date 11 March 2022 Census date 31 March 2022 Last date to withdraw without fail 6 May 2022 Assessment period ends 24 June 2022 Semester 1 contact information
- Semester 2
Principal coordinator Richard Comerford Mode of delivery Dual-Delivery (Parkville) Contact hours Total 36 hours: 3-hour seminar per week. Total time commitment 170 hours Teaching period 25 July 2022 to 23 October 2022 Last self-enrol date 5 August 2022 Census date 31 August 2022 Last date to withdraw without fail 23 September 2022 Assessment period ends 18 November 2022 Semester 2 contact information
Time commitment details
170 hours
Last updated: 31 January 2024
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) - Links to additional information
Last updated: 31 January 2024