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
Organisational Unit
Department of Banking and Finance
Unit guides
Offered
- First semester 2017 (Day)
- First semester 2017 (Evening)
- Second semester 2017 (Day)
- Second semester 2017 (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, in individual summative assessment tasks, the acquisition of a comprehensive understanding of the topics covered by the unit.
Assessment
Within semester assessment: 50% + Examination: 50%
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