BFF5954 - Business finance - 2019

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

Chief examiner(s)

Dr John Watson (First Semester)
Dr Barbara Chambers (Second Semester)

Unit guides

Offered

Caulfield

  • First semester 2019 (On-campus)
  • Second semester 2019 (On-campus)

Prerequisites

Students must have passed ETF5900 or be enrolled in course B6002, B6011, B6019 or C6006.

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. value financial instruments including debt and equity instruments using financial models and financial mathematics
  2. explain and critique the theory of capital markets
  3. evaluate firms' investment project decisions using capital budgeting techniques
  4. describe and critique firms' financing and payout decisions
  5. identify and explain firms' financial risks and how firms can manage financial risks using risk management techniques.

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