Details for Financial Decision Making

Financial Decision Making provides an introduction to some of the key skills required for good financial management within a Christian worldview. It provides the techniques and skills that facilitate objective analysis and evaluation of alternatives that enable both strategic decision making and day-to-day management decisions. The course takes a practical approach using examples taken from both Australian and international organisations

Quick Info

  • Currently offered by Alphacrucis: Yes
  • Course code: BUS202
  • Credit points: 10
  • Subject coordinator: Philip Lee

Awards offering Financial Decision Making

This unit is offered as a part of the following awards:

Unit Content

Curriculum Objective



  1. Explain the importance of the time value of money, risk and return and cash flow when making informed business decisions;
  2. Explain and apply the principles of Discounted Cash Flow analysis;
  3. Demonstrate an understanding of financial planning and control within an organisation;
  4. Discuss how organisations make investment and distribution decisions;
  5. Capacity to reflect critically on the wider ethical and theological issues in business and by discounted cash flow decision making;
  6. Apply the mathematics of finance to analyse and solve business problems in a variety of commercial and NFP settings. The analysis methods will include the time value of money, risk and return analysis, discounted cash flow, capital budgeting with NPV & IRR, as well as bond and share valuation, with a focus on contemporary Excel applications.

Subject Content

  1. Introduction to financial management
  2. Time Value of Money (TVM)
  3. Application of TVM
  4. Financial Planning and Analysis 
  5. Risk and rates of return
  6. Introduction to valuation
  7. Introduction to Capital Budgeting
  8. Capital Budgeting II – cash flow/projects
  9. Capital Budgeting III - incorporating risk
  10. Financial decision making in the government and NFP sectors 
  11. Managing the cost of capital   
  12. Financial modelling

This course may be offered in the following formats

  • Face-to-Face
  • Distance/ Global Online

Please consult your course prospectus or enquire about how and when this course will be offered next at Alphacrucis University College.

Assessment Methods

  • Onine Exams (30%)
  • Essay (20%)
  • Exam (50%)

Prescribed Text

  • Titman, S., Martin, T., Keown, A.J. & Martin, J.D. (2019). Financial Management: Principles and Applications (8th ed.). Frenchs Forest, N.S.W: Pearson Australia

Check with the instructor each semester before purchasing any textbooks