Business Decision Making (11009.2)

Please note these are the 2022 details for this unit
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Business Decision Making
Available teaching periods Delivery mode Location
View teaching periods Flexible
On-Campus
Online
 UC - Canberra, Bruce
UC - University of Canberra College, Bruce
UC - TAFE NSW Northern Sydney, St Leonard's
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
Canberra Business School Level 1 - Undergraduate Introductory Unit Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
Many university graduates aim to become managers, either of their own business, or as part of the management team of other entities. A critical attribute of management is the ability to incorporate financial and non-financial data in a range of decisions, such as pricing products, setting budgets, and evaluating performance.

However, the majority of these people have not studied accounting and information systems. This unit aims to address this gap by showing students how to identify, obtain, manipulate and analyse data in order to make informed business decisions.

Learning outcomes

Upon successful completion of this unit, students will be able to:
1. Apply cost classifications and cost behaviour to a range of decisions, including budgeting;
2. Interpret the impact a range of transactions and events will have on financial reports;
3. Develop spreadsheet models to support simple decision making in a variety of contexts;
4. Apply a systems approach to facilitate decision making;
5. Apply cost-benefit analysis concepts to various business decision making contexts; and
6. Demonstrate how a range of psychological factors influence decision makers.


Graduate attributes

1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - evaluate and adopt new technology


Prerequisites

None.

Corequisites

None.

Incompatible units

None.

Equivalent units

5617 Accounting for Managers

Assumed knowledge

None.
Year Location Teaching period Teaching start date Delivery mode Unit convener
2023 UC - Canberra, Bruce Semester 1 06 February 2023 Flexible Dr Angela Tan-Kantor
2023 UC - University of Canberra College, Bruce UC College Trimester 2 05 June 2023 On-Campus Mrs Lili Zhang
2023 UC - Canberra, Bruce Semester 2 31 July 2023 Online Dr Angela Tan-Kantor
2023 UC - Canberra, Bruce Semester 2 31 July 2023 On-Campus Dr Angela Tan-Kantor
2023 UC - TAFE NSW Northern Sydney, St Leonard's Semester 2 31 July 2023 On-Campus Dr Angela Tan-Kantor
2023 UC - University of Canberra College, Bruce UC College Trimester 3 18 September 2023 On-Campus Mrs Lili Zhang
Not available

Required texts

Required Textbook - Details on how to purchase will be provided on the Canvas website.
Horngren's Accounting, 9th edition. Pearson Australia. Melbourne, Australia.

Recommended/ Reading Textbooks 
Accounting: An Introduction, 8th edition
Atrill, McLaney, Harvey & Cong. Pearson Australia. Melbourne, Australia.
Richardson (2018). Business Analytics for Decision Making, Custom ebook. Pearson Australia. Melbourne, Australia.
Robbins (2015). Decide and Conquer: The Ultimate Guide for Improving your Decision Making. 2nd Edition. Pearson Australia. Melbourne, Australia.

Submission of assessment items

Special assessment requirements

Final grades in this subject will be assessed according to performance in each of the assessment items identified above. In order to pass this unit, a student must obtain:

-an overall total score of at least 50% AND
-submit all assessment items marked as mandatory

For assessment items marked as mandatory, each piece of assessment must be completed and submitted, but it is not necessary that students pass each individual item of assessment.

Reminder: 
Students who do not meet the conditions set out in section 5b, and do not attempt this assessment item will receive 0 marks for that part of the assessment item.
In addition, students must obtain at least 40 marks out of 100 (40%) in the final exam to be considered for a pass in this unit.

Academic integrity

Students have a responsibility to uphold University standards on ethical scholarship. Good scholarship involves building on the work of others and use of others' work must be acknowledged with proper attribution made. Cheating, plagiarism, and falsification of data are dishonest practices that contravene academic values. Refer to the University's Student Charter for more information.

To enhance understanding of academic integrity, all students are expected to complete the Academic Integrity Module (AIM) at least once during their course of study. You can access this module within UCLearn (Canvas) through the 'Academic Integrity and Avoiding Plagiarism' link in the Study Help site.

Use of Text-Matching Software

The University of Canberra uses text-matching software to help students and staff reduce plagiarism and improve understanding of academic integrity. The software matches submitted text in student assignments against material from various sources: the internet, published books and journals, and previously submitted student texts.

Participation requirements

It is recommended that students attend all lectures and tutorials. Students must submit all pieces of assessment.

Required IT skills

Students need to know how to access the University of Canberra's Learnonline system. Students need to know how to use Microsoft Word and will also be exposed to introductory level Microsoft Excel techniques.

Work placement, internships or practicums

N/A