Financial Decision Making

Qualification: Postgraduate unit
Study mode: Online
Payment options: FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: RMIT University
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

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About this unit

In the Financial Decision Making online unit provided by Open Universities Australia and RMIT University you will learn how to apply the key principles of good financial decision making to everyday aspects of financial management. In this unit you will focus on practical examples from Australian companies in order to develop and apply the knowledge gained through the unit.

You will learn how to critically analyse and select management decision options based on the principles and theory learned and the technical skills attained through the unit. Furthermore, you will learn how financial decision making fits into the larger business sector and the economy in its entirety. You will come to understand the importance of financial decision making, and your responsibilities as a financial decision maker.

At the end of this unit, you will be able to demonstrate a comprehensive understanding of the key principles of corporate finance and understand why maximisation of profit and wealth is an important corporate goal. You will also come to understand agency relationships, portfolio theory and share valuation – among many other important corporate topics.

Eligibility

In order to enrol in this unit, you must be accepted into one of the following courses:

  • Graduate Certificate in Professional Accounting
  • Master of Professional Accounting

Areas of study

The topics in this unit are to be advised.

Course pathways

This unit is a core requirement in the following courses:

  • Graduate Certificate in Professional Accounting, RMIT University
  • Master of Professional Accounting, RMIT University

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

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Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

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How will this unit advance my career?

This unit will give you valuable insight into financial decision making and the corporate and financial sector. This will prepare you for a career in either corporate business or finance. The course may also open other career options as the comprehensive understanding of financial decision making is an essential knowledge set for any employee in a corporate setting.

Undertaking the Financial Decision Making unit will provide you with advanced knowledge of how financial decisions should be made, giving you cross-discipline insight into both business and finance. This is highly desirable by employers as it means you have an understanding not only of finance but also how it can be applied in an everyday commercial setting. This unit will assist you in working in both the financial and business sectors but also in any commercial environment.

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Financial Decision Making from RMIT University.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferrable knowledge.
  • Government financial support through FEE-HELP may be available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA’s full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen, you may be eligible to receive a government FEE-HELP loan, meaning you can defer payment of your fees.

 

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Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive FEE-HELP for this course!

This course can be paid for through the FEE-HELP government loan scheme. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.

OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

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