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Unit Summary

Unit type

PG Coursework Unit

Credit points

12

AQF level

9

Level of learning

Introductory

Anti-requisites

FIN00706 Financial Management in Business

Unit aim

Introduces key concepts, principles, tools, contemporary issues and context of finance and financial management in order to prepare students for participation in making investment and financing decisions. Topics covered include the time value of money, the risk and return trade-off, capital budgeting, working capital management and financing alternatives.

Unit content

Topic 1: Introduction to finance and its context

Topic 2: Analysing financial statements

Topic 3: Time value of money

Topic 4: Bonds and interest rates

Topic 5: Risk and return basics

Topic 6: Capital budgeting decisions

Topic 7: Capital budgeting cash flow estimation and risk

Topic 8: Working capital management

Topic 9: Capital structure and financing

Topic 10: Distribution policy

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: , GA2: , GA3: , GA4: , GA5: , GA6: , GA7:
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 Demonstrate an understanding of how businesses make financial decisions and the nature of the broader financial and regulatory environment in which they operate.
2 Apply the techniques of financial mathematics to analyse finance problems and opportunities.
3 Explain the risk-return trade-off and diversification.
4 Evaluate capital investments using appropriate capital budgeting techniques.
5 Appraise a business's working capital management.
6 Compare and appraise alternative financing sources, capital structures and distribution policies.

On completion of this unit, students should be able to:

  1. Demonstrate an understanding of how businesses make financial decisions and the nature of the broader financial and regulatory environment in which they operate.
    • GA1:
    • GA4:
  2. Apply the techniques of financial mathematics to analyse finance problems and opportunities.
    • GA1:
    • GA4:
  3. Explain the risk-return trade-off and diversification.
    • GA1:
    • GA4:
  4. Evaluate capital investments using appropriate capital budgeting techniques.
    • GA1:
    • GA4:
  5. Appraise a business's working capital management.
    • GA1:
    • GA4:
  6. Compare and appraise alternative financing sources, capital structures and distribution policies.
    • GA1:
    • GA4:

Prescribed texts

  • Brigham, EF & Ehrhardt, MC, 2014, VitalSource eBook CP0944 - ACC00716 Finance, 1st edn, Cengage. ISBN: 9780170348768.
Prescribed texts may change in future teaching periods.