Course Title: Prepare financial forecasts and projections

Part A: Course Overview

Program: C5130

Course Title: Prepare financial forecasts and projections

Portfolio: BUS

Nominal Hours: 100.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
BAFI5136C	City Campus	TAFE	650T TAFE Business	Face-to-Face

Course Contact: Gowri Raviganesh

Course Contact Phone: +61 3 9925 1337

Course Contact Email: gowri.raviganesh@rmit.edu.au

Course Description

This unit describes the functions involved in preparing financial forecasts and projections. It will also provide students with the skills and knowledge in the application of statistical analyses and processing of business data.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None.

National Competency Codes and Titles

National Element Code & Title:	FNBFIN70A Prepare financial forecasts and projections
Elements:	FNBFIN70A /01  Plan Preparation Table
	FNBFIN70A /02 Identify assumption and Parameters
	FNBFIN70A /03 Issue Instructions and relevant aids for preparation of forecast and projection
	FNBFIN70A /04  Collect, consolidate, model and analyse data
	FNBFIN70A /05  Document Result and obtain approval

Learning Outcomes

Please refer to Elements of Competency.

Overview of Assessment

Assessment will incorporate a variety of methods including tests, assignments and an examination. Tests will be closed book consisting of multiple choice questions, problem solving exercises and applied exercises. The assignment will require students to undertake basic research on a business theme. Students working in groups will be required to analyse data using MS Excel 2003 and write reports as directed.

Students will receive ongoing feedback on their progress in the course. Feedback on assessments will be given in a timely manner. Students will be informed about how to improve their performance in the competency / course and what they will need to to to be deemed competent or to gain a pass in the assessment.