Business finance
Mr Brendan O'Connell
6 points (MPracAcc), 4 points (Grad Dip) * 39 hours per semester * First, second, summer semester * Caulfield, Sydney, Singapore (not offered in all locations in all semesters) * Prerequisite: ACC6621
Objectives On completion of this subject students should be able to apply capital budgeting principles and techniques to investment proposals in order to facilitate optimum decision-making, understand the risk/return trade-off inherent in portfolio analysis and selection; understand how to apply techniques suitable for valuing various debt and equity securities; examine and evaluate empirical research relating to the optimum financial structure of the firm; understand the nature, purpose and limitations of financial ratios and other data to evaluate performance and credit risks; examine and understand empirical research relating to the concept of market efficiency; and examine and evaluate empirical research relating to the optimum dividend policy of the firm.
Synopsis Workshops on the topics listed above.
Assessment Assignment (4000 words): 30% * Class assessment/tutorial participation: 10% * Final examination (3 hours): 60%
Prescribed texts
Van Horne J and others Financial management and policy in Australia 3rd edn, Prentice-Hall, 1990