BSB107 Financial Performance and Responsibility
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
Unit code: | BSB107 |
---|---|
Equivalent(s): | BSD107 |
Credit points: | 12 |
Timetable | Details in HiQ, if available |
Availabilities |
|
CSP student contribution | $2,040 |
Pre-2021 CSP student contribution | $1,597 The pre-2021 commonwealth supported place (CSP) contribution amount only applies to students enrolled in a course prior to 2021. To learn more, visit our Understanding your fees page. |
Domestic tuition unit fee | $3,024 |
International unit fee | $4,176 |
Unit Outline: Semester 1 2024, Gardens Point, Internal
Unit code: | BSB107 |
---|---|
Credit points: | 12 |
Equivalent: | BSD107 |
Coordinators: | Jason Hay | jm.hay@qut.edu.au |
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:
- 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]
- 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]
- 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]Relates to: UG Business Capabilities: SE (5.2)
- 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]
- Collaborate with peers using effective teamwork skills to analyse and deliver recommendations for business problems. [TS 4.2]Relates to: UG Business Capabilities: 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 (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 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 via content delivered online and 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 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 & 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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.2)
This is an assignment for the purposes of an extension.
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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1, 2.2), PC (3.2), TS (4.2)
This is an assignment for the purposes of an extension.
Assessment: Assessment of Sustainability
Analyse the sustainability of two listed firms using a variety of contemporary financial and non-financial (environmental and social) indicators and information sources, and present your findings in the form of a business report.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.2), PC (3.1), SE (5.2)
This is an assignment for the purposes of an extension.
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 (Undergraduate)
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 & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
KS (1.2): Technical and Technological Skills
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch
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.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
Unit Outline: Semester 1 2024, Online
Unit code: | BSB107 |
---|---|
Credit points: | 12 |
Equivalent: | BSD107 |
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:
- 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]
- 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]
- 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]Relates to: UG Business Capabilities: SE (5.2)
- 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]
- Collaborate with peers using effective teamwork skills to analyse and deliver recommendations for business problems. [TS 4.2]Relates to: UG Business Capabilities: 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 (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 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 via content delivered online and 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 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 & 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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.2)
This is an assignment for the purposes of an extension.
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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1, 2.2), PC (3.2), TS (4.2)
This is an assignment for the purposes of an extension.
Assessment: Assessment of Sustainability
Analyse the sustainability of two listed firms using a variety of contemporary financial and non-financial (environmental and social) indicators and information sources, and present your findings in the form of a business report.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.2), PC (3.1), SE (5.2)
This is an assignment for the purposes of an extension.
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 (Undergraduate)
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 & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
KS (1.2): Technical and Technological Skills
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch
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.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
Unit Outline: Semester 2 2024, Gardens Point, Internal
Unit code: | BSB107 |
---|---|
Credit points: | 12 |
Equivalent: | BSD107 |
Coordinators: | Andrew West | andrew.west@qut.edu.au Annette Quayle | a.quayle@qut.edu.au |
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:
- 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]
- 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]
- 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]Relates to: UG Business Capabilities: SE (5.2)
- 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]
- Collaborate with peers using effective teamwork skills to analyse and deliver recommendations for business problems. [TS 4.2]Relates to: UG Business Capabilities: 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 (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 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 via content delivered online and 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 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 & 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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1, 2.2), PC (3.2), TS (4.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Assessment of Sustainability
Analyse the sustainability of two listed firms using a variety of contemporary financial and non-financial (environmental and social) indicators and information sources, and present your findings in the form of a business report.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.2), PC (3.1), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
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 (Undergraduate)
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 & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
KS (1.2): Technical and Technological Skills
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch
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.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
Unit Outline: Semester 2 2024, Online
Unit code: | BSB107 |
---|---|
Credit points: | 12 |
Equivalent: | BSD107 |
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:
- 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]
- 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]
- 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]Relates to: UG Business Capabilities: SE (5.2)
- 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]
- Collaborate with peers using effective teamwork skills to analyse and deliver recommendations for business problems. [TS 4.2]Relates to: UG Business Capabilities: 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 (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 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 via content delivered online and 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 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 & 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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1, 2.2), PC (3.2), TS (4.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Assessment of Sustainability
Analyse the sustainability of two listed firms using a variety of contemporary financial and non-financial (environmental and social) indicators and information sources, and present your findings in the form of a business report.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.2), PC (3.1), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
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 (Undergraduate)
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 & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
KS (1.2): Technical and Technological Skills
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch
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.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
Unit Outline: Summer 2024, Gardens Point, Internal
Unit code: | BSB107 |
---|---|
Credit points: | 12 |
Equivalent: | BSD107 |
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:
- 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]
- 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]
- 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]Relates to: UG Business Capabilities: SE (5.2)
- 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]
- Collaborate with peers using effective teamwork skills to analyse and deliver recommendations for business problems. [TS 4.2]Relates to: UG Business Capabilities: 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 (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 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 via content delivered online and 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 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 & 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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.2)
This is an assignment for the purposes of an extension.
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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1, 2.2), PC (3.2), TS (4.2)
This is an assignment for the purposes of an extension.
Assessment: Assessment of Sustainability
Analyse the sustainability of two listed firms using a variety of contemporary financial and non-financial (environmental and social) indicators and information sources, and present your findings in the form of a business report.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.2), PC (3.1), SE (5.2)
This is an assignment for the purposes of an extension.
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 (Undergraduate)
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 & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
KS (1.2): Technical and Technological Skills
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch
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.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
Unit Outline: Summer 2024, Online
Unit code: | BSB107 |
---|---|
Credit points: | 12 |
Equivalent: | BSD107 |
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:
- 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]
- 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]
- 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]Relates to: UG Business Capabilities: SE (5.2)
- 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]
- Collaborate with peers using effective teamwork skills to analyse and deliver recommendations for business problems. [TS 4.2]Relates to: UG Business Capabilities: 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 (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 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 via content delivered online and 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 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 & 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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.2)
This is an assignment for the purposes of an extension.
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.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1, 2.2), PC (3.2), TS (4.2)
This is an assignment for the purposes of an extension.
Assessment: Assessment of Sustainability
Analyse the sustainability of two listed firms using a variety of contemporary financial and non-financial (environmental and social) indicators and information sources, and present your findings in the form of a business report.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): HO (2.2), PC (3.1), SE (5.2)
This is an assignment for the purposes of an extension.
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 (Undergraduate)
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 & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability
KS (1.2): Technical and Technological Skills
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch
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.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Assessment of Sustainability - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, ULO2, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO1, Valuation Pitch - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO2, ULO4, Personal Financial Plan & Financial Performance Assessment, Valuation Pitch, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Assessment of Sustainability - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Valuation Pitch - Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Relates to: ULO5, Valuation Pitch