School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

Please note that there may be some modifications to the assessment schedule promoted in Handbook for Semester 1 2023 Units. All assessment changes will be published by 20th February 2023. All students are reminded to check the handbook at the beginning of semester to ensure they have the correct outline.

  • Unit Title

    Fundamentals of Value Creation in Business
  • Unit Code

    FBL5030
  • Year

    2023
  • Enrolment Period

    1
  • Version

    5
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Tony NGUYEN

Description

The continued success of any business firm rests on its ability to create economic value for its customers. In this unit, students examine the options a firm may have to create value, and apply the economic principles, accounting and financial techniques used to evaluate the impact of those options on the firm's financial performance. These techniques enable managers to view decisions from a number of perspectives that allow them to understand their business and the risks it faces in its economic environment. Students apply innovation and creativity to identify, plan, develop and strategically manage sustainable growth in a business.

Equivalent Rule

Equivalent to MBA6022

Learning Outcomes

On completion of this unit students should be able to:

  1. Evaluate the sources of economic values in a business at both micro- and macro-economic terms.
  2. Evaluate firm performance through analysis of real-world financial accounting data.
  3. Apply financial and investment decision techniques to make investment recommendations for organisations.

Unit Content

  1. Economic perspective on the nature and creation of value.
  2. Demand and Supply the behaviour of buyers and sellers in markets.
  3. Capital budgeting techniques and analysis.
  4. Analysis of cash flows.
  5. Financial statement analyses that enable managers to assess the financial position and performance of a business.
  6. Sources of funding, capital structure and weighted average cost of capital.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour seminarNot OfferedNot Offered
Semester 213 x 2 hour seminarNot OfferedNot Offered
Summer9 x 2 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

In on-campus mode, this unit will be delivered as a technology enhanced learning model integrating face-to-face and digital learning experiences. Students will be required to access and use a variety of digital learning materials to prepare for and engage in class discussion and activities. Online students will access unit materials online and participate in online discussion, activities, readings, and self-paced work via LMS. This unit uses principles associated with authentic learning to introduce students to realistic business situations that require analysis using relevant concepts and skills. Students are required to take on the role of management advisors to a company investigating ways of creating economic value and achieving a competitive advantage over their rivals. Lecturers introduce the relevant economic, accounting and financial concepts and techniques, after which students investigate various scenarios in order to make justified decisions faced by risk and uncertainty.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
ExerciseWeekly individual online pre-work10%
Case StudyAccounting group assignment 45%
AssignmentFinance online individual assessment 45%
ONLINE
TypeDescriptionValue
ExerciseWeekly individual online pre-work10%
Case StudyAccounting group assignment 45%
AssignmentFinance online individual assessment 45%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

FBL5030|5|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Fundamentals of Value Creation in Business
  • Unit Code

    FBL5030
  • Year

    2023
  • Enrolment Period

    2
  • Version

    5
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Tony NGUYEN

Description

The continued success of any business firm rests on its ability to create economic value for its customers. In this unit, students examine the options a firm may have to create value, and apply the economic principles, accounting and financial techniques used to evaluate the impact of those options on the firm's financial performance. These techniques enable managers to view decisions from a number of perspectives that allow them to understand their business and the risks it faces in its economic environment. Students apply innovation and creativity to identify, plan, develop and strategically manage sustainable growth in a business.

Equivalent Rule

Equivalent to MBA6022

Learning Outcomes

On completion of this unit students should be able to:

  1. Evaluate the sources of economic values in a business at both micro- and macro-economic terms.
  2. Evaluate firm performance through analysis of real-world financial accounting data.
  3. Apply financial and investment decision techniques to make investment recommendations for organisations.

Unit Content

  1. Economic perspective on the nature and creation of value.
  2. Demand and Supply the behaviour of buyers and sellers in markets.
  3. Capital budgeting techniques and analysis.
  4. Analysis of cash flows.
  5. Financial statement analyses that enable managers to assess the financial position and performance of a business.
  6. Sources of funding, capital structure and weighted average cost of capital.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour seminarNot OfferedNot Offered
Semester 213 x 2 hour seminarNot OfferedNot Offered
Summer9 x 2 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

In on-campus mode, this unit will be delivered as a technology enhanced learning model integrating face-to-face and digital learning experiences. Students will be required to access and use a variety of digital learning materials to prepare for and engage in class discussion and activities. Online students will access unit materials online and participate in online discussion, activities, readings, and self-paced work via LMS. This unit uses principles associated with authentic learning to introduce students to realistic business situations that require analysis using relevant concepts and skills. Students are required to take on the role of management advisors to a company investigating ways of creating economic value and achieving a competitive advantage over their rivals. Lecturers introduce the relevant economic, accounting and financial concepts and techniques, after which students investigate various scenarios in order to make justified decisions faced by risk and uncertainty.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
ExerciseWeekly individual online pre-work10%
Case StudyAccounting group assignment 45%
AssignmentFinance online individual assessment 45%
ONLINE
TypeDescriptionValue
ExerciseWeekly individual online pre-work10%
Case StudyAccounting group assignment 45%
AssignmentFinance online individual assessment 45%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

FBL5030|5|2