Business Finance PG (6224.4)

Please note these are the 2019 details for this unit
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Business Finance PG
Available teaching periods Delivery mode Location
View teaching periods
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
School Of Information Systems & Accounting Post Graduate Level Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
This unit aims to develop a working knowledge of the concepts, tools and applications of corporate financial decision-making within a framework of maximizing the wealth of a firms stakeholders, with particular emphasis on shareholders. The topics includes financial goals, time value of money, risk and return analysis, asset pricing, capital budgeting, cost of capital, capital structure, and dividend policies. This is a problem oriented subject, which requires students to learn and apply various financial concepts and tools to solve complex problems related to firms financing, investment, distribution and retention decisions.

Learning outcomes

Students who successfully complete this unit will be able to:
1. Appraise and illustrate the goals of financial management of a firm and basic finance principles, including the time value of money concept, risk-return relationship, efficient market and portfolio diversification;
2. Critically examine the theories and models used in investment, financing and dividend decisions, reflecting on their limitations and practical applications;
3. Identify and apply appropriate models and techniques to solve problems relating to valuation of shares and bonds, alternative capital investment proposals and to calculate costs of capital;
4. Critically evaluate and compare different capital structure theories and dividend policies relating to their limitations, to develop alternatives; and
5. Solve complex problems involving firms financing, dividend and retention decisions.


Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - think globally about issues in their profession
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development


Prerequisites

Accounting for Managers G or
Statistical Analysis for Decision Making G or
Quantitative Methods in Commerce G or
Business Decision Making G or
other appropriate prior study approved by the unit convener.

Corequisites

None.

Incompatible units

None.

Equivalent units

None.

Assumed knowledge

None.
Year Location Teaching period Teaching start date Delivery mode Unit convener
Not available

Required texts

Introduction to Corporate Finance (5e), by Alex Frino, Amelia Hill and Zhian Chen, ISBN: 9781442542488

Here are the links to where students can purchase either the text book or eBook direct from the publisher

            Text book - http://www.pearson.com.au/9781442542488 

            eBook - http://www.pearson.com.au/9781442542815

Recommended readings:

From time to time you may find it useful to consult newspapers and journals such as;

- The Australian

- Accounting & Finance

- Australian Financial Review

- Business Review Weekly

- Journal of Corporate Accounting &Finance

- Journal of Banking & Finance

- Global Finance Journal

Each of these is available in UC library or online in electronic format.

 

There are many other textbooks on (business) finance which the students may be interested to consult for this unit including the following:

 

Gitman, L., Juchau, R., & J. Flanagan (2008) Principles of Managerial Finance, 5th ed, Pearson Education Australia, Frenchs Forest NSW.

Peirson, G., Brown, R., Easton, S., Howard, P., & S. Pinder (2015) Business Finance, 12th edition, McGraw Hill Australia Pty Ltd, North Ryde, NSW.

Ross, S., Trayler, R., Bird, R., Westerfield, R., & B. Jordan, (2014) Essentials of Corporate Finance, 3rd edition, McGraw Hill Australia Pty Ltd, North Ryde, NSW.

Ross, S., Thompson, S., Christensen, M., Westerfield, R., & B. Jordan, (2007) Fundamentals of Corporate Finance, 4th ed, McGraw Hill Australia Pty Ltd, North Ryde, NSW.

 

Submission of assessment items

Extensions & Late submissions

In addition, each student will make the following declaration when submitting the assignment.

I certify that:

  1. the attached assignment is my own work and no part of this work has been written for me by any other person except where such collaboration has been authorised by the lecturer/s concerned;

 

  1. material drawn from other sources has been fully acknowledged as to author/creator, source and other bibliographic details according to unit-specific requirements for referencing; and no part of this work has been submitted for assessment in any other unit in this or another Faculty except where authorised by the lecturer/s concerned.

 

Subject policy on re-submissions, late penalties, absences etc.:

 

Re-submission is not permitted for any item of assessment. 

Special assessment requirements

In order to pass this unit, students have to obtain at least 50% of the available unit marks and appear in the final exam.

Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Participation requirements

See 5b above

Required IT skills

None

Work placement, internships or practicums

None

Additional information

Citations used in assessment items should follow Harvard referencing style. If you are unfamiliar with Harvard referencing please seek the assistance of Library staff.