Business Finance (6392.5)

Please note these are the 2018 details for this unit
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Business Finance
Available teaching periods Delivery mode Location
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EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
School Of Information Systems & Accounting Level 2 - Undergraduate Intermediate Unit 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 is a problem oriented subject, which requires students to learn and apply various financial concepts and tools for typical financial decision making by business enterprises. This subject aims to develop a working knowledge of the concepts, tools and applications of corporate financial decision-making within the framework of maximizing shareholder wealth. It introduces students to a range of financial decision making concepts such as financial goals, time value of money, risk and return analysis, asset pricing, capital budgeting, cost of capital, capital structure, and dividend policies.

Learning outcomes

On successful completion of this unit, students will be able to:
1. Explain the goals of financial management of a firm and basic finance principles, including the time value of money concepts, risk-return relationship, efficient market and portfolio diversification;
2. Differentiate and explain theories and models used in investment, financing and dividend decisions;
3. Select and apply appropriate models and techniques to solve problems relating to the valuation of shares and bonds, alternative capital investment proposals, and to calculate cost of capital; and
4. Apply capital structure theories and dividend policies to solve problems involving financing and dividend decisions.


Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
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 - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
2. UC graduates are global citizens - think globally about issues in their profession
3. UC graduates are lifelong learners - be self-aware
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas


Prerequisites

Accounting for Managers. It is recommended that students complete Business Statistics before enrolling in this unit.

Corequisites

None.

Incompatible units

9520 Principles of Finance

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

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;
  2. 2) 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, a student has to obtain at least 50% of the available unit marks and appear in the final exam.

  • Please note if you fail to submit/ complete any assessment item other than the exam, you will be awarded zero mark for that item, and if you did not sit the exam, you will be awarded a fail grade of NC (failed – incomplete assessment) irrespective of your overall score in the unit.

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

It is recommended that students attend all lectures and tutorials. However there is no mark for attendance.

Attendance is not compulsory, but the unit has been designed on the assumption of face-to-face delivery and learning principles and so students who do not attend regular classes will be disadvantaged in terms of learning and feedback. Students need to participate and perform in an online quiz to gain 10% marks of the total marks of the unit as detailed in the assessment item 1. 

Required IT skills

You are assumed to have adequate skills in the use of calculator, computer, word-processing, spreadsheet modelling and internet browsing. You are also assumed to be familiar with LearnOnline. If you feel you do not have adequate skills, please discuss the matter with the unit convener.

Work placement, internships or practicums

Not applicable. There are no WIL requirements in this unit.