AFX2051

Financial modelling

Mr Peter Krueger

6 points · 3 hours per week · First, second semester (Caulfield, Peninsula) · Distance · Prerequisites: AFX1110 or AFX1121 and ETX1640

Objectives On completion of this subject students should be able to appreciate the role of computers in analysing the financial activities of a business and in decision support; appreciate the problems involved in the implementation of computerised financial models and spreadsheets; recognise the ways in which computer-based financial models may be used by management and researchers; evaluate commercially available financial modelling software; demonstrate 'hands on' experience in designing, coding, testing and presenting financial decision models using Excel.

Synopsis Corporate modelling theory; models as decision support tools; models and user types' uses of models; types and characteristics of models; benefits and limitations of models; spread sheets and financial modelling systems. Development of models including: why choose a spread sheet; package comparisons; effective spread sheet model design; planning and development of various financial models using an industry standard spread sheet; auditing existing spreadsheet models; advanced modelling techniques using spread sheets 'macros'.

Assessment Report writing assignment/essay: 20% · Examination (3 hours): 80%

Prescribed texts

Beaman I and others Financial modelling Quill, 1997

Back to the 1999 Business and Economics Handbook