Monash University Handbook 2010 Postgraduate - Unit

Synopsis

This unit covers corporate finance concepts and theories at an introductory level. Students will be expected to be able to master basic calculations involving share and bond valuations, NPV and IRR, company cost of capital, etc. and to use them in determining whether investment projects should proceed as well as the value of companies. They will also expected to be able to interpret the results and to discuss basic issues and theories appropriate to an introductory level unit.

Objectives

Our students will:

• explain the foundations of finance
• apply pricing models to the valuation of equity and debt instruments in global markets
• evaluate investment proposals using capital budgeting techniques
• formulate capital structure and dividend policies consistent with firms' objectives and
• demonstrate effective individual technical skills to construct accounting records and financial statements for a unique business; and demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered by the unit.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Chief examiner(s)

Minh Viet Do

Contact hours

3 hours per week

Co-requisites

AFX9510 is recommended

Prohibitions

AFF9250, AFF9641, AFG9044, AFX9641