Overview
What you will learn
By taking the Financial Fundamentals and Project Investment Decision Making course offered by IDC Technologies , you will learn:
- How to communicate more effectively with financial managers
- The financial parameters influencing the profit of a project and your organisation
- About national and international economic issues
- How to read simple financial statements
- How to estimate capital and operating costs, as well as perform economic project evaluations
- How to rate alternative investment proposals utilising Discounted Cash Flow (DCF) project evaluation techniques
- How to prepare expenditure proposals that win management approval
- When to purchase new equipment
Programme Structure
The program focuses on:
- Basic Accounting Concepts
- Understanding Financial Information
- Economic Issues
- Budget Preparation and Control
- Understanding Cash Flow
- Estimation and Costings
- Time Value of Money and Discount Rates
- Investment Appraisal Methods
- Capital Budgeting
- Decision Making Under Capital Rationing
- Taking Account of Taxation
- Risk and Uncertainty
- Tying It All Together
What students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- A basic knowledge of projects and an introduction to financial concepts would be useful.
- To obtain additional information about the programme, we kindly suggest that you visit the programme website, where you can find further details and relevant resources.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at IDC Technologies and/or in Australia, please visit Student Insurance Portal.
Tuition Fee
Living costs for Perth
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.