BSD107 Financial Performance and Responsibility


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Unit Outline: College 1 2024, Kelvin Grove, Internal

Unit code:BSD107
Credit points:12
Equivalent:BSB107
Coordinator:Toni Connolly | toni.connolly@qut.edu.au
Disclaimer - Offer of some units is subject to viability, and information in these Unit Outlines is subject to change prior to commencement of the teaching period.

Overview

In this introductory business core unit, you will learn about how individuals and businesses allocate financial resources and use financial information to make sound business decisions in the contemporary workplace. You will gain foundational skills in managing your own personal finances, and in using software to gather and analyse financial information in order to manage cash, evaluate risk, and assess performance and value both at personal and organisational levels in authentic, real-world contexts. This unit, along with the rest of the introductory business core, forms the foundation for further study across the breadth of business disciplines and introduces you to business capabilities to prepare you for the future world of work and ignite your career.

Learning Outcomes

On successful completion of this unit you will be able to:

  1. Apply knowledge of foundational accounting and financial principles and practices to issues and problems relevant to personal and business finance. [KS 1.2, HO 2.1]
  2. Use software to classify and analyse a range of financial data for the purpose of decision-making in personal and organisational financial contexts. [KS 1.2; HO 2.2]
  3. Identify the key incentives and responsibilities for businesses and business professionals in relation to gathering and reporting financial information to evaluate firm performance and value in real-world contexts. [SE 5.2]
  4. Prepare and professionally communicate financial and non-financial information useful for decision-making for a range of business clients using a variety of media. [HO 2.2; PC 3.1, 3.2]
  5. Collaborate with peers using effective teamwork skills to analyse and deliver recommendations for business problems. [TS 4.2]

Content

This unit will introduce you to foundational knowledge of concepts, practices and contemporary issues of finance and accounting, including:

  • personal financial risk and responsibilities;
  • cash management and wealth creation;
  • corporate financial valuations, reporting and responsibilities; and
  • financial and non-financial evaluations of performance and corporate social responsibility.

 

QUT Business Capabilities (Diploma)

The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.


Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply theoretical and technical knowledge across the broad field of business.

1.2 Apply technical and technological skills to real world business purposes and contexts.

Higher Order Thinking (HO)
2.1 Investigate real world business problems, situations and requirements through the effective analysis, evaluation and synthesis of theoretical and practical knowledge and information.
2.2 Apply cognitive, technical and creative skills to develop and evaluate approaches and perform business operations that effectively respond to a diverse range of real world business problems and needs.

Professional Communication (PC)
3.1 Apply professional communication and academic literacy knowledge and skills to communicate effectively in written forms appropriate for diverse business and academic literacy purposes and contexts.
3.2 Apply professional communication and academic literacy knowledge and skills to communicate effectively in oral forms appropriate for diverse business and academic literacy purposes and contexts.

Teamwork and Self (TS)
4.1 Exercise initiative and judgement and personal responsibility to enhance organization and performance of own work and demonstrate self reflection in relation to own learning and practice.
4.2 Exercise initiative and judgement in planning, organizing and evaluating teamwork.

Social, Ethical and Global Understanding (SE)
5.1 Apply knowledge of ethical and legal responsibility perspectives in analyzing and addressing business issues.

5.2 Apply knowledge of socially responsible behaviour in analysing and addressing business issues across business contexts

Learning Approaches

In this unit, you will learn by engaging in problem- and case-based activities designed to introduce you to key financial knowledge and skills that are relevant to all business careers. You will explore contemporary financial issues and learn about foundational concepts and practices from the disciplines of finance, financial planning and accounting. In tutorials, you will develop key financial skills and literacies, applying them to authentic real-world scenarios. You will be expected to attend and contribute regularly to both workshops and tutorials, and work through content and self-directed formative learning activities presented on the unit Canvas site before and after class to supplement your learning.

Feedback on Learning and Assessment

Students will receive feedback in various forms throughout the semester which may include:

  • Informal: worked examples, such as verbal feedback in class, individual consultation
  • Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
  • Direct: to individual students, either in written form or in consultation
  • Indirect: to the whole class

Assessment

Overview

The assessment tasks in this unit are designed to provide you with opportunities to practise and develop key business skills and financial literacies in using financial information to create budgets, assess risk and analyse performance in authentic real-world contexts.

Unit Grading Scheme

7- point scale

Assessment Tasks

Assessment: Personal Financial Plan and Financial Performance Assessment

Develop a personal financial plan (which may comprise creating a risk profile, cash budget, an assessment of borrowing capacity or plans for future wealth creation) and analyse the financial health of two listed firms using published financial statements.

This is an assignment for the purposes of an extension.

Formative or Summative: Formative and Summative

Business Capabilities (AoL goals): KS (1.2), HO (2.2)

Weight: 30
Length: 600 words plus financial ratios and charts (Excel)
Individual/Group: Individual
Due (indicative): Week 6
Related Unit learning outcomes: 1, 2

Assessment: Valuation Pitch

Provide a valuation pitch to potential investors arguing for the financial merits of an investment in two listed firms. Number crunching, visualisation and storytelling will be key aspects of this assessment piece. You will communicate your recommendation via video. You will also need to provide peer feedback and complete a self-evaluation of the group component.

This is an assignment for the purposes of an extension.

Formative or Summative: Formative and Summative

Business Capabilities (AoL goals): KS (1.2), HO (2.1, 2.2), PC (3.2), TS (4.2), TS (4.1)

Weight: 40
Length: 10-12 minute video presentation plus 500 word self-evaluation
Individual/Group: Individual and group
Due (indicative): Week
Group task due in Week 11 and Self evaluation due in Week 12
Related Unit learning outcomes: 1, 2, 4, 5

Assessment: Assessment of Sustainability

Analyse the sustainability of two listed firms using the information provided, and answer the questions provided in the examination. 

This is not an assessment for the purposes of an extension.

Formative or Summative: Formative and Summative

Business Capabilities (AoL goals): HO (2.2), PC (3.1), SE (5.2)

Weight: 30
Length: 1,000 words
Individual/Group: Individual
Due (indicative): Final exam block
Related Unit learning outcomes: 3, 4

Academic Integrity

Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.

Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.

You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.

Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.

Resources

Weekly resources will be made available on the unit Canvas site.

Risk Assessment Statement

There are no out-of-the ordinary risks associated with this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.

Standards/Competencies

This unit is designed to support your development of the following standards\competencies.

QUT Business Capabilities (Diploma)

HO (2.1): Critical Analysis

Relates to: ULO1, Valuation Pitch

HO (2.2): Independent Judgement and Decision-Making

Relates to: ULO2, ULO4, Personal Financial Plan and Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability

KS (1.1): Discipline Knowledge

Relates to: Valuation Pitch

KS (1.2): Technical and Technological Skills

Relates to: ULO1, ULO2, Personal Financial Plan and Financial Performance Assessment

PC (3.1): Professional Communication (Written)

Relates to: ULO4, Assessment of Sustainability

PC (3.2): Professional Communication (Oral)

Relates to: ULO4, Valuation Pitch

SE (5.2): Global Social Responsibility

Relates to: ULO3, Assessment of Sustainability

TS (4.2): Teamwork Knowledge and Skills

Relates to: ULO5, Valuation Pitch

Course Learning Outcomes

This unit is designed to support your development of the following course/study area learning outcomes.

BS40 Diploma in Business

  1. Apply knowledge of social responsibility perspectives in analysing and addressing business issues.
    Relates to: ULO3, Assessment of Sustainability
  2. Use technical and technological skills to understand real world business operations.
    Relates to: ULO1, ULO2, Personal Financial Plan and Financial Performance Assessment, Valuation Pitch
  3. Investigate real world business problems and situations through the effective analysis and evaluation of foundational theoretical and practical knowledge.
    Relates to: ULO1, Valuation Pitch
  4. Apply independent judgement and initiative in adapting and applying knowledge and skills to address real world business problems.
    Relates to: ULO2, ULO4, Personal Financial Plan and Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
  5. Communicate effectively using academic language and literacy skills appropriate to purpose and context across a range of written genres.
    Relates to: ULO4, Assessment of Sustainability
  6. Communicate effectively using academic language and literacy skills appropriate to purpose and context across a range of oral genres.
    Relates to: ULO4, Valuation Pitch
  7. Apply teamwork knowledge and skills for effective collaboration.
    Relates to: ULO5, Valuation Pitch

ES21 Diploma in Esports

  1. Demonstrate foundational interdisciplinary knowledge relating to esports.
    Relates to: Valuation Pitch, Assessment of Sustainability
  2. Apply critical thinking and problem solving skills.
    Relates to: Personal Financial Plan and Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
  3. Communicate effectively in an academic and professional manner through written and oral genres integrating digital tools.
    Relates to: ULO4, Personal Financial Plan and Financial Performance Assessment, Valuation Pitch
  4. Apply teamwork knowledge and skills for effective collaboration.
    Relates to: ULO5, Personal Financial Plan and Financial Performance Assessment, Valuation Pitch
  5. Apply knowledge of ethical and social practices in analysing and addressing real world problems and issues.
    Relates to: ULO3