Introduces core concepts, principles and tools of finance and business financial management, including an overview of the financial environment, financing alternatives, risk and return, time value of money, investment decision making and working capital management. This basic knowledge of finance will help students in both their personal and business lives.
Topic 1: Introduction to finance and its context
Topic 2: Your finance tool kit and accounting
Topic 3: The valuation principle
Topic 4: Time is money
Topic 5: Capital investment decisions
Topic 6: Risk, return and eggs in baskets
Topic 7: Risk and return: From eggs to theory
Topic 8: Managing a business's financial health in the short term
Topic 9: Financing a growing business I
Topic 10: Financing a growing business II
Topic 11: Dangers and opportunities of operating and financial leverage
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 environment in which they operate||Knowledge of a discipline|
|2||discuss core concepts of finance and financial management||Intellectual rigour||Knowledge of a discipline||Communication and social skills|
|3||apply the techniques of financial mathematics to investigate financial management problems and opportunities.||Intellectual rigour||Knowledge of a discipline|
|4||calculate and interpret measures of risk and return, explain the risk-return trade-off and discuss the concept of diversification.||Intellectual rigour||Knowledge of a discipline||Lifelong learning||Communication and social skills|
|5||discuss and apply basic techniques for managing working capital||Intellectual rigour||Knowledge of a discipline||Lifelong learning||Communication and social skills|
|6||compare and assess alternative sources of finance||Intellectual rigour||Knowledge of a discipline||Communication and social skills|
|7||explain the effects of operating and financial leverage.||Intellectual rigour||Knowledge of a discipline||Communication and social skills|
- Berk, J, DeMarzo, P, Harford, J, Ford, G & Finch, N , 2014, Fundamentals of Corporate Finance, 2nd edn, Pearson, Frenchs Forest, NSW. ISBN: 9781486042197.
Teaching and assessment
China - TUST
|Exam: closed book||50%|
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2017 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.