Course Title: Manage budgets and financial plans

Part A: Course Overview

Program: C5226

Course Title: Manage budgets and financial plans

Portfolio: BUS

Nominal Hours: 70.0

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




Learning Mode

Teaching Period(s)


City Campus


650T TAFE Business

Face-to-Face or Workplace

Course Contact: Graham Airey

Course Contact Phone: +61 3 9925 5473

Course Contact Email:

Course Description

This unit describes the performance outcomes, skills and knowledge required to undertake financial management within a work team in an organisation. This includes planning and implementing financial management approaches, supporting team members whose role involves aspects of financial operations, monitoring and controlling finances, and reviewing and evaluating effectiveness of financial management processes in line with the financial objectives of the work team and the organisation.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

BSBFIM501A Manage budgets and financial plans


1. Plan financial management approaches

2. Implement financial management approaches

3. Monitor and control finances

4. Review and evaluate financial management processes

Learning Outcomes

Overview of Assessment

Assessment comprises the following:

Two tests; an assignment which will be a combination of in-class group work and individual assessment and a portfolio of evidence which will be gathered throughout the semester. 

Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.