Performance Analysis and Simulations

RMIT University Vietnam

Course Description

  • Course Name

    Performance Analysis and Simulations

  • Host University

    RMIT University Vietnam

  • Location

    Ho Chi Minh City, Vietnam

  • Area of Study

    Accounting, Business, Business Management

  • Language Level

    Taught In English

  • Prerequisites

    Assumed Knowledge 
    It is assumed that you have knowledge about and competency in the use of basic business and accounting reports, concepts and practices.

    Hours & Credits

  • Host University Units

    12
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    Course Description

    In this course, you will learn about business by running a simulated company in a realistic marketplace against competitor companies. You will be responsible for designing the strategy and implementing the operational decisions for your company. Therefore, you will be learning technical and social practice in the business context. To assist in improving your decision-making, you will be introduced to and required to use a range of business performance evaluation techniques and accounting and business reports in the strategic planning and operational decision-making of your simulated company. This course includes a Work Integrated Learning experience. You will undertake and be assessed on structured activities that allow you to learn, apply and demonstrate your professional or vocational practice. This course also provides you with a capstone experience, which will provide you with the opportunity to integrate, critically reflect on and consolidate what you have learnt in your program.

     

    Objectives/Learning Outcomes/Capability Development

    This course provides you with the opportunity to develop the following specific capabilities:

    • knowledge and understanding of and skill in practical application of business performance analysis
    • knowledge and understanding of strategic business planning and skill in making tactical, commercial, operational decisions

     

    On the successful completion of this course you will be able to:

    • Evaluate, select and design appropriate strategic business options for an organization, in consideration of its industry and market environment. 
    • Research, analyse, interpret and use accounting and business information for strategic and tactical organization planning.
    • Flexibly adjust your business strategies and tactics to match changing industry and competitive circumstances.
    • Communicate effectively and justify the rationale for your business decisions.

     

    Overview of Learning Activities

    The main learning activity in this course requires you to manage a simulated company. To do this, you will use the on-line, business simulation called Capstone. Your in-class learning experience may include lectures and individual and group work exercises, quizzes, and presentations. Your learning experience outside of class time will involve activities where you design the business strategy of and implement the operational decisions for your company and complete assignments, prescribed readings, producing written work and collaborating with peers on set tasks or projects.

     

    Overview of Learning Resources

    Various learning resources are available online through MyRMIT StudiesBlackboard. These may include topic notes and slides, a study schedule, assessment details, links to relevant internet information, readings and communication tools to facilitate collaboration with your peers and sharing of information.

    Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details forBusiness Liaison Librarians are located online on theRMIT library website.

    Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.

     

    Overview of Assessment

    Assessment tasks, weighting and linkage to Course Learning Outcomes:

    Assessment 1, Practice Activities: 50%
    Linked CLOs: 1, 2, 3, 4

    Assessment 2, Application Activities: 20%
    Linked CLOs: 2, 3, 

    Assessment 3, Personal Evaluation: 30%
    Linked CLOs: 1, 2, 3, 4

    Feedback will be provided throughout the semester in-class and/or on-line forums and by individual consultation.