Financial Management in Health Care
PostgraduateMUR-SHP6392025
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- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 15 weeks
- Start dates
- 24 Feb 2025
- Loan available
- HECS-HELP and FEE-HELP available
Financial Management in Health Care
About this subject
On successful completion of the subject you should be able to:
- Develop leadership strategies in order to develop financial management skills in the workplace, through application of applied learning to discussion topics, activities and assignments
- Discuss how political, corporate and clinical complexities impact on financial management, and analyse the impact of poor quality health provision on financial systems and budgets
- Use sound financial knowledge to be able to develop projects and analyses outcomes and long term sustainability
- Communicate an understanding of the principles of budgeting, financial reports and cost benefit analysis
- Apply contemporary financial management principles to decision making
- A week-by-week guide to the topics you will explore in this subject will be provided in your study materials.
This subject is designed to foster knowledge and understanding of concepts, principles and practices of health care funding and how this translates to financial management in a range of health care settings. Students will develop an understanding of effective and practical approaches to financial management and how this is linked to organisational strategy and sustainability. The subject explores financial management in healthcare at the strategic funding level, the organisational level and at the manager level.
Please Note: All students studying at Murdoch University will need to complete the compulsory unit, Murdoch Academic Passport (MAP100), which only takes 2-3 hours to complete online. Find out more: http://goto.murdoch.edu.au/MurdochAcademicPassport.
- Online Discussion Forum (35%)
- Essay (25%)
- Professional Plan/Business Proposal (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
This research-based university in Perth has a strong interdisciplinary focus and a reputation for outstanding teaching and ground-breaking research. With more than 25,000 students and 2,400 staff from over 90 countries, and campuses in Dubai and Singapore, Murdoch embraces free thinking, shared ideas and knowledge to make a difference, and Open Universities Australia is certainly part of that.
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- 31
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- MUR-HCM-MAS-2025 - Master of Health Care Management
Others
Enrolment in a Graduate degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Master of Health Care Management
PostgraduateMUR-HCM-MAS