AFF9641

Business finance

Mrs Lynette Ellis

6 points (MPracAcc), 4 points (Grad Dip)
* 39 hours per semester
* First, summer semester
* Caulfield, Sydney, Singapore, in-house (not offered in all locations in all semesters)
* Prerequisites: AFF9500, AFF9510

Objectives On completion of this subject students should be able to apply capital budgeting principles and techniques to investment proposals in order to facilitate optimum decision-making, understand the risk/return trade-off inherent in portfolio analysis and selection; understand how to apply techniques suitable for valuing various debt and equity securities; examine and evaluate empirical research relating to the optimum financial structure of the firm; understand the nature, purpose and limitations of financial ratios and other data to evaluate performance and credit risks; examine and understand empirical research relating to the concept of market efficiency; examine and evaluate empirical research relating to the optimum dividend policy of the firm.

Synopsis Workshops on the topics listed above.

Assessment Assignments (4000 words): 30%
* Class assessment: 10%
* Examination (3 hours): 60%

Prescribed texts

Van Horne J and others Financial management and policy in Australia 4th edn, Prentice-Hall, 1995