Postgraduate - UnitBFF5954 - Business finance

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Level	Postgraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Banking and Finance
Offered	Caulfield First semester 2015 (Day) Caulfield First semester 2015 (Evening) Caulfield Second semester 2015 (Day) Caulfield Second semester 2015 (Evening)

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.

Outcomes

The learning goals associated with this unit are to:

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
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: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Chief examiner(s)

Associate Professor Kevin Tant

Prerequisites

Students must be enrolled in 0503 or have passed ETF5900.

Prohibitions

AFF9250, BFF5925, AFF9641, AFG9044, BFG5944, AFX9641, AFX9540