BSB107 Financial Performance and Responsibility


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Unit Outline: Semester 1 2025, Gardens Point, Internal

Unit code:BSB107
Credit points:12
Equivalent:BSD107
Coordinator:Andrew West | andrew.west@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 core unit, you will learn financial literacy and decision making at both personal and business levels, integrating technical skills with their social and ethical impacts throughout. You will acquire a foundational understanding of financial concepts and principles and their application across these contexts. From a personal perspective you will learn strategies for effectively managing your personal finances to achieve future focused financial goals and how to recognize common financial risks. From a business perspective, you will learn how to analyse and assess company performance using financial statements and sustainability reports. 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. Develop personal financial literacy skills by applying foundational accounting and financial principles and practices to personal financial decision making. [KS 1.2, HO 2.1]
  2. Develop organisational financial literacy skills by applying foundational accounting and financial principles and practices to organisational financial decision making. [KS 1.2, HO 2.1]
  3. Use software to classify, manipulate and analyse financial data inmaking personal and organisational financial decisions. [KS 1.2, HO 2.1]
  4. Articulate and reflect upon the social and ethical context of financial decision making. [PC 3.2, TS 4.1, SE 5.1, 5.2]

Content

This unit will introduce you to foundational knowledge and skills related to finance and accounting, including:

  • Managing personal finances (budgeting and financial planning)
  • Recognising common financial risks such as online scams and fraud.
  • Analysing and assessing company performance using financial statements and sustainability reports.
  • Evaluating financing decisions and calculating firm value in real-world contexts.
  • Exploring the relationship between financial decision making and societal change.
  • Analysing the financial and social impact of the UN’s sustainable development goals and responsible investing.  

 

QUT Business Capabilities (Undergraduate)

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 integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.

Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.

Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.

Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.

Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international 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 decision making skills that are relevant to all business careers. You will explore and develop practices from the disciplines of finance, financial planning and accounting via content delivered online and/or in-class. In workshops, 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 workshops, 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, personal 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 skills in using financial information to make decisions in authentic real-world contexts.

Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit. 

Unit Grading Scheme

7- point scale

Assessment Tasks

Assessment: Personal Finances Portfolio

Develop a portfolio in which you analyse personal finances to make recommendations around personal budgets, financial statements, financial wellbeing, future borrowing and/or potential investment opportunities. This will include consideration of social/ethical impacts of financial decision making.

Formative or Summative: Formative and Summative

Business Capabilities (AoL goals): KS (1.2), HO (2.1), SE (5.2)

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Weight: 35
Length: 500 words + Excel workbook
Individual/Group: Individual
Due (indicative): Week 6
Related Unit learning outcomes: 1, 3, 4

Assessment: Business Finances Portfolio

Develop a portfolio in which you analyse business finances to make recommendations around the business's future financial position and performance, its profitability and/or the value of busineses investments. This will include consideration of social/ethical impacts of financial decision making, as well as a written reflection on how your own understanding of the social and ethical aspects of financial decision making has changed.

Formative or Summative: Formative and Summative

Business Capabilities (AoL goals): KS (1.2), HO (2.1), TS (4.1), SE (5.1, 5.2)

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Weight: 45
Length: 1,000 words + Excel workbook
Individual/Group: Individual
Due (indicative): Week 12
Related Unit learning outcomes: 2, 3, 4

Assessment: Financial Decision Making and SDGs podcast

Create a podcast in which you examine how a real-world corporation's financial decision making affects, and is affected by, one of the UN Sustainable Development Goals.

Formative or Summative: Summative

Business Capabilities (AoL goals): PC (3.2), SE (5.2)

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Weight: 20
Length: 5 minutes
Individual/Group: Individual
Due (indicative): During central examination period
Related Unit learning outcomes: 4

Academic Integrity

Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.

The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.

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.

Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, 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 (Undergraduate)

HO (2.1): Critical Analysis

Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio

KS (1.2): Technical and Technological Skills

Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio

PC (3.2): Professional Communication (Oral)

Relates to: ULO4, Financial Decision Making and SDGs podcast

SE (5.1): Ethical and Legal Understanding

Relates to: ULO4, Business Finances Portfolio

SE (5.2): Global Social Responsibility

Relates to: ULO4, Personal Finances Portfolio, Business Finances Portfolio, Financial Decision Making and SDGs podcast

TS (4.1): Self-Reflection and Accountability

Relates to: ULO4, Business Finances Portfolio

Course Learning Outcomes

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

BS05 Bachelor of Business

  1. Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
    Relates to: ULO4, Personal Finances Portfolio, Business Finances Portfolio, Financial Decision Making and SDGs podcast
  2. Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
    Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio
  4. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: ULO4, Financial Decision Making and SDGs podcast
  5. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: ULO4, Business Finances Portfolio
  6. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: ULO4, Business Finances Portfolio

BS06 Bachelor of Business

  1. Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
    Relates to: ULO4, Personal Finances Portfolio, Business Finances Portfolio, Financial Decision Making and SDGs podcast
  2. Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
    Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio
  4. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: ULO4, Financial Decision Making and SDGs podcast
  5. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: ULO4, Business Finances Portfolio, Financial Decision Making and SDGs podcast
  6. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: ULO4, Business Finances Portfolio

BS08 Bachelor of Business - International

  1. Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
    Relates to: ULO4, Personal Finances Portfolio, Business Finances Portfolio, Financial Decision Making and SDGs podcast
  2. Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
    Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: ULO1, ULO2, ULO3, Personal Finances Portfolio, Business Finances Portfolio
  4. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: ULO4, Financial Decision Making and SDGs podcast
  5. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: ULO4, Business Finances Portfolio
  6. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: ULO4, Business Finances Portfolio