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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 (login required)(opens in new window)
Contact information
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, 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
- 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
- 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: 1. Attendance hurdle requirement: This subject has a minimum requirement of 80% attendance at tutorials, seminars, or workshops. | Throughout the teaching period | N/A |
Hurdle requirement: 2. Late Penalty and Assessment hurdle requirement: Assessment submitted late without an approved extension will be penalised at five per cent (5%) of the possible marks available for the assessment task per day or part thereof. All pieces of assessment must be submitted to pass the subject. Each submitted assessment must be complete, constitute a genuine attempt to address the requirements of the task and will not be accepted after 20 University business days from the original assessment due date without written approval. | Throughout the semester | N/A |
Last updated: 31 January 2024
Dates & times
- Semester 1
Mode of delivery On Campus (Parkville) Contact hours Total 36 hours: 3-hour seminar per week. Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 - Semester 2
Mode of delivery On Campus (Parkville) Contact hours Total 36 hours: 3-hour seminar per week. Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024
Time commitment details
170 hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
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.
- 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