units

BFF5954

Faculty of Business and Economics

print version

This unit entry is for students who completed this unit in 2016 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.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Banking and Finance

Offered

Caulfield

  • First semester 2016 (Day)
  • First semester 2016 (Evening)
  • Second semester 2016 (Day)
  • Summer semester A 2016 (On-campus block of classes)

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:

  1. explain the foundations of finance
  2. apply pricing models to the valuation of equity and debt instruments in global markets
  3. evaluate investment proposals using capital budgeting techniques
  4. formulate capital structure and dividend policies consistent with firms' objectives
  5. 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.

See also Unit timetable information

Chief examiner(s)

Prerequisites

Students must be enrolled in 0503 or have passed ETF5900.

Prohibitions

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