Course Title: Introduction to Financial Management

Part A: Course Overview

Course Title: Introduction to Financial Management

Credit Points: 12.00

Course Code




Learning Mode

Teaching Period(s)


Bundoora Campus


150H Health Sciences


Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 1 2009

Course Coordinator: Ms Faye Partridge

Course Coordinator Phone: +61 3 9925 7554

Course Coordinator Email:

Course Coordinator Location: Bundoora Campus 201.707

Course Coordinator Availability: Normally during business hours

Pre-requisite Courses and Assumed Knowledge and Capabilities

Registration with the Nurses Board of Victoria as a Division 1 Nurse


equivalent registration in the state or territory in which the student is employed. 

Course Description

This course introduces the student to the process of financial management. It aims to facilitate an understanding of selected financial systems operating in health and community care facilities. Opportunity is provided for students to explore the dynamic nature of the funding mechanisms and financial strategies within the Australian health care system.

Objectives/Learning Outcomes/Capability Development

3. Advanced knowledge in specialised area.

• Discuss the nature of the interface between nursing,, management and accounting practices in the health care setting.
• Identify and apply financial models for budget and reporting within the health care setting.
• Demonstrate the monetary sources that finance the health sector.

• Recognise the requirement of financial accountability in the nursing leadership role
• Review budgetary models and financial reporting methods relevant for the health care environment.
• Evaluate the concepts which underlie financial measurement and reporting in the health care sector;
• Discuss various approaches to meeting the monetary requirements of health care services;

Overview of Learning Activities

Semester 1

  • Blended Learning
  • Classroom seminars x 4
  • Online learning resources

Overview of Learning Resources

Blended learning
Classroom seminars x 4
Class discussion 
Online learning resources 

Fully Online Learning

Online learning resources
Virtual tutorials
Group  discussion

Overview of Assessment

 Critique commonwealth, state and local  government funding arrangements in relation to health care
Analysis of the financial processes of a health care agency.
Class participation