Consolidates and extends students' knowledge and skills in analysing, evaluating and making business decisions covering advanced capital investment appraisal, financing analysis, and capital structure and dividend policies. Exposes students to some specialised and sophisticated financial management techniques and approaches that form part of the tool-kit of today's business finance professional.
Topic 1 Value maximisation and governance
Topic 2 Capital investment decisions I
Topic 3 Capital investment decisions II
Topic 4 Bond valuation
Topic 5 Share valuation
Topic 6 Cost of capital
Topic 7 Financing
Topic 8 Capital structure policy
Topic 9 Distribution policy
Topic 10 Financial modelling
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.
Learning outcomes and graduate attributes
GA1: Intellectual rigour,
GA3: Ethical practice,
GA4: Knowledge of a discipline,
GA5: Lifelong learning,
GA6: Communication and social skills,
GA7: Cultural competence
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||make investment, financing and dividend decisions consistent with sound corporate governance and the objective of value maximisation||Intellectual rigour||Knowledge of a discipline|
|2||apply discounted cash flow techniques to value capital investments and basic financial assets||Intellectual rigour||Knowledge of a discipline|
|3||analyse and appraise capital investments||Intellectual rigour||Knowledge of a discipline|
|4||estimate the cost of capital and critique issues surrounding this process||Intellectual rigour||Knowledge of a discipline||Lifelong learning|
|5||compare and evaluate alternative financing sources, capital structures and dividend policies||Intellectual rigour||Knowledge of a discipline||Lifelong learning|
|6||develop and assess a long-term financial model of the firm.||Intellectual rigour||Knowledge of a discipline|
- Berk, J, DeMarzo, P, Harford, J, Ford, G & Finch, N , 2011, Fundamentals of Corporate Finance, 1st edn, Pearson, Frenchs Forest, NSW. ISBN: 9314994244052.
- Berk, J, DeMarzo, P, Harford, J, Ford, G, Mollica, V & Finch, N , 2014, Fundamentals of Corporate Finance, 2nd edn, Pearson, Frenchs Forest, NSW. ISBN: 9781486042197.