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NS5341 - Business and Finance for the Health Manager

Credit points: 3
Year: 2021
Student Contribution Band: Band 1
Administered by: College of Healthcare Sciences

This subject provides the student with tools and skills needed to assume effective business and financial management functions. Health care is a business, and health managers must be able to manage their units in a fiscally appropriate way. This subject will explore topics such as building, understanding and monitoring budgets; accounting tools; capital investment management; and reporting.

Learning Outcomes

  • Identify challenges for financial managers in a healthcare context;
  • Apply the principles of financial information and control to healthcare administration;
  • Recognise and interpret the types of budgets used in healthcare settings;
  • Identify and apply key accounting principles, terms and language;
  • Interpret the information contained in basic financial statements to formulate conclusions about financial performance, financial position, liquidity, and risk of firms in the healthcare sector.

Subject Assessment

  • Written > Test/Quiz 1 - (%) - Individual
  • Written > Problem task - (30%) - Individual
  • Written > Proposal - (50%) - Individual
  • Participation > Online participation - (20%) - Individual.

Special Assessment Requirements

Passing requirements: complete and submit all assessment items; achieve a cumulative score of at least 50% after the application of any penalties such as late penalties.


Availabilities

JCU Online, External, Study Period 83
Census Date 13-May-2021
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 60 hours - Online accelerated program, 10 hours/week for 6 weeks
  • assessment and self-directed study
Method of Delivery: Online - JCU

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.