6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - 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
Chief examiner(s)
Coordinator(s)
Unit guides
Prerequisites
ACS1000 or equivalent.
Synopsis
This unit introduces the principles of financial management, strategy and risk management. The unit addresses the following fundamental areas: Development, evaluation and management of strategy, risk management, introduction to corporate finance and financial management; an introduction to working with financial statements; the principles of time value of money and valuation of future cash flows; interest rates and bond valuations, share valuations, net present value and investment criteria; an introduction to capital budgeting principles and its relationship with the future cash flow valuation.
Outcomes
The learning objectives associated with this unit are to:
- explain the purpose of financial management and corporate finance
- apply analysis techniques to financial information and interpret the results
- explain and apply the principles of time value of money to rank investment projects and value stocks and bonds
- explain and apply, at an introductory level, valuation techniques relating to equity instruments
- explain and apply techniques in capital investment decisions
- identify aspects broader than only financial aspects (such as environmental, social, economic and governance) in decision making
- apply critical thinking, problem solving and presentation skills to activities dealing with corporate finance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFS2780.
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