PMC150 - Business Finance

Outline information
Schools offering this subject
Last revision date Sep 24, 2018 12:38:25 AM
Last review date Oct 19, 2018 1:56:35 PM

Subject Title
Business Finance

Subject Description
Students get an introduction to basic corporate accounting: department budgeting, strategic planning and budgeting at the corporate level are examined. Topics include cost projections, project selection, cost control and capital budgeting. Students learn the relationship of an IT project, with its cost obligations and promises of return, to the finance centre of an organization.

Credit Status
1 credit in the PMC program.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  •     Understand risk assessment from an accounting and auditing perspective
  •     Maximize profit outcomes by leveraging accounting and financing tools and principles
  •     Improve each project’s profitability by understanding its costs and benefits
  •     Analyze their business’s financial information to choose the right project
  •     Develop, implement, and analyze key financial information, translating financial information into project terms and establishing financial benchmarks.
  •     Identify, analyze, and refine project costs to produce a budget and control project costs
  •     Apply agile methodologies to budgeting, tracking and reporting project costs and profitability

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Execute mathematical operations accurately.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Locate, select, organize, and document information using appropriate technology and information systems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

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Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.