Course Code & Title : BUSM4741 Financial Analytics For Managerial Decisions
Assessment Type: Individual
Word limit: Solving Case and Video Presentations 10-12 minutes total
Weighting: 50 %
BUSM4741 Financial Analytics For Managerial Decisions Assignment-RMIT University Australia.
Overview:
The focus of this assessment is for students to apply the fundamentals of various accounting and finance principles to critically a analyse complex business scenario. Using various analytical tools covered in the course, students will evaluate its cash flow, profit, outcomes and propose strategic solutions, then succinctly present their analysis to their audience.
Before commencing this assignment, it is necessary that students have a sound understanding of the application of the fundamentals of financial and management accounting, financial theories about capital budgeting and cost of capital and other related principles. In particular, the various analytical managerial tools such as financial ratios, budgeting, cost-volume-profit analysis, TVM, NPV analysis, cost of capital concepts together with the other relevant aspects revolving around these tools.
Along with the recommended readings, the activities and associated tasks on Canvas must be completed.
To do well, students should be able to do the following:
- Correctly identify the issues in the case scenario and interpret them to prepare budgets, conduct relevant cost analysis and apply various analytical techniques for making investment decisions.
- Apply accounting concepts and contemporary financial knowledge to correctly analyse the scenarios in the case and raise solutions.
- Clearly interpret and communicate the findings and their implications along with the strategies to solve the problems in the case via broad research and design thinking. Also, to engage in scholarly viewpoints and innovative thinking by broad reading to clearly communicate solutions using business terminology with minimum grammatical or spelling errors.
- Professionally present key findings in a format that is logically structured and well designed, visually appealing, informative, and use engaging communication aids such as power point slides, and video this.
BUSM4741 Financial Analytics For Managerial Decisions Assignment-RMIT University Australia.
Learning Outcomes:
This Assessment is aligned with:
- CLO1: Analyse, interpret and critically evaluate global financial information from a variety of sources in order to develop sustainable business proposals.
- CLO2: Create effective business reports, advice and tables tailored to specific business needs
- CLO4: Select, communicate and advocate effective strategies using design thinking to address complex business problems and opportunities.
- CLO5: Apply ethical standards to the role and conduct of financial reporting.
How to succeed in this Assessment
The following analyses must establish clear outcomes and the strategies that are proposed should logically follow the results of the analyses.
- Application of financial and management accounting and finance knowledge:
Students need to apply the fundamentals of financial and management accounting, financial theories about capital budgeting and cost of capital and other related principles. Apart from the recommended readings, students must have done the activities and associated tasks on Canvas. - Critical evaluation:
Students should be able to demonstrate a full grasp of the main aspects of the case study, portray key findings and make sound recommendations which are logically in line with the outcomes of their analyses. - Presentation: Students are required to present their analyses and strategy/ies forward to their case client. This is to be done as a professional presentation, and videoed for submission. While recording your answers, attend to professionality, and parameters as set out in assessment guidelines (i.e. rubric criteria, word limits, time limits, design and structure of presented information).
Assessment details:
This task requires students to apply various decision-making tools covered in the course to a complex business situation. The purpose is to enable students to use a number of tools collectively to analyse business
feasibility/requirements and propose strategies for achieving goals, improving current practices, making decisions about required investments and presenting them professionally.
Case study:
The Assessment case study focuses on different aspects of a business.For accounting concepts, it mainly focuses on the tasks requiring the preparation of relevant budgets, conducting cost-volume-profit analysis, ratio analysis and other related analysis. Typically, students will be required to critically evaluate the business goals against the budgeted projections, raise the challenges foreseen in meeting those objectives and propose strategies to counter them.
For finance concepts, the case study mainly focuses on scenarios requiring extensive use of finance theories and capital budgeting tools such as NPV and IRR, cost of capital, time value of money, risk and return theories and related concepts. Students will be required to conduct a full-scale investment analysis and make recommendations about the investment opportunities presented to the business.
Drawing upon the knowledge of various tools and techniques gained in the course, the prime focus for the case study will be around some of the following concepts:
- Using financial ratios and budgets for projections and control.
- Determining sales activities for break-even and the desired level of profit.
- Analysing expected cash flows for investment decisions.
- Estimating the cost of capital and using it for investing decisions.
- Using risk and return theories for decision-making.
- Evaluating and communicating the outcomes.
- Devising strategies on the basis of the analyses.
BUSM4741 Financial Analytics For Managerial Decisions Assignment-RMIT University Australia.
Video presentation:
Students are required to make two short video presentations to explain the key aspects (like processes, results and strategies) of their analyses, and to make clear recommendations based on their findings. Students must
use appropriate software, clear tables/diagrams, correct terminology and coherent expression. Students should Produce two short videos, one relating to the work undertaken for Accounting concepts and another one for the Finance part. Students have in total 10-12 minutes to present their findings/ideas. Students must be precise and impactful in communicating their analyses. It is expected that students show themselves in their video, present in a professional manner, and talk to their visual aids in their presentation.