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Unit Summary

Unit type

PG Coursework Unit

Credit points

12

AQF level

9

Level of learning

Introductory

Anti-requisites

ACC00716 - Finance AND 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, financing and dividend decisions. Students will develop their financial management toolkit by undertaking practical problems and case studies.

Unit content

Topic 1: Introduction to finance and the time value of money (TVM)

Topic 2: Applying TVM: valuation and interest rates

Topic 3: Risk and return

Topic 4: Capital investment analysis: decision criteria and cash flow estimation

Topic 5: Capital investment analysis: risk and the cost of capital

Topic 6: Capital structure and payout policies

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 Identify business financial decisions, their impacts on value, and the nature of the broader financial and regulatory environment in which these decisions are made.
2 Apply financial mathematics to the analysis of practical finance problems and opportunities.
3 Measure risk and return, and explain the risk-return trade-off and diversification.
4 Evaluate capital investments using appropriate capital budgeting techniques.
5 Compare and appraise alternative capital structures and distribution policies.

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

  1. Identify business financial decisions, their impacts on value, and the nature of the broader financial and regulatory environment in which these decisions are made.
    • GA4:
  2. Apply financial mathematics to the analysis of practical finance problems and opportunities.
    • GA1:
    • GA4:
  3. Measure risk and return, and explain the risk-return trade-off and diversification.
    • GA1:
    • GA4:
  4. Evaluate capital investments using appropriate capital budgeting techniques.
    • GA1:
    • GA4:
  5. Compare and appraise alternative capital structures and distribution policies.
    • GA1:
    • GA4:

Prescribed texts

  • Purchase the print or eBook version of the following textbook: Graham, JR, Smart, SB, Adam, C & Gunasingham, B, 2017, Introduction to Corporate Finance, 2nd Asia-Pacific Edition, Cengage, South Melbourne, Victoria. ISBN: 9780170364331.
Prescribed texts may change in future teaching periods.