AFF9641

Business finance

Mrs Lynette Ellis

6 points · 3 hours per week, or equivalent · First, summer semester · Caulfield, Sydney, Singapore, Hong Kong, in-house (not offered in all locations in all semesters) · Prerequisites: AFF9500, AFF9510

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; examine and evaluate empirical research relating to the optimum dividend policy of the firm.

Synopsis Workshops on the topics listed above.

Assessment Assignments (4000 words): 30% · Class assessment: 10% · Examination (3 hours): 60%

Prescribed texts

Van Horne J and others Financial management and policy in Australia 4th edn, Prentice-Hall, 1995

Back to the 1999 Business and Economics Handbook