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.
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
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
|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.||Intellectual rigour||Knowledge of a discipline|
|2||Apply the techniques of financial mathematics to analyse finance problems and opportunities.||Intellectual rigour||Knowledge of a discipline|
|3||Explain the risk-return trade-off and diversification.||Intellectual rigour||Knowledge of a discipline|
|4||Evaluate capital investments using appropriate capital budgeting techniques.||Intellectual rigour||Knowledge of a discipline|
|5||Appraise a business's working capital management.||Intellectual rigour||Knowledge of a discipline|
|6||Compare and appraise alternative financing sources, capital structures and distribution policies.||Intellectual rigour||Knowledge of a discipline|
- The following required ebook contains selected chapters from Financial Management: Theory and Practice, 14th edn: Brigham, EF & Ehrhardt, MC, 2014, VitalSource eBook CP0944 - ACC00716 Finance, 1st edn, Cengage. ISBN: 9780170348768.
Teaching and assessment
New Zealand - MIT
New Zealand - MIT
|Lecture online 1 hour (10 weeks)|
|Business case studies||25%|
|Business case studies||35%|
|Exam: closed book||40%|
Papua New Guinea - Air Niugini
Singapore - MDIS
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2014 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.