Financial Management
Overview
This unit enables students to focus on the goals and functions of corporate financial management. It is designed to enable students to acquire an understanding of the scope and nature of the finance functions and its role within corporate management. It is intended to develop appropriate practical skills to utilise the disciplines of finance and quantitative analysis in making investment and financing decisions towards value creation. In effect, it will enhance the ability in applying informed judgements and help taking effective, ethical and timely actions as to current and future acquisition and allocation of resources in a complex corporate environment.
Requisites
Rule
ACC10007 Financial Information for Decision Making
AND
75 credit points
26-May-2024
06-October-2024
27-October-2024
Learning outcomes
Students who successfully complete this unit will be able to:
- Explain the fundamentals of corporate finance stemming from underlying theoretical principles and the application of those principles
- Generate logical solutions to finance problems that are fit for purpose and be cognisant of the impact of financial decisions on businesses
- Communicate a range of arguments in the corporate finance discipline appropriate to the audience, through a variety of communication media
- Demonstrate independent capability to apply theoretical understanding in analysing the challenges related to corporate finance
Teaching methods
Hawthorn
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| On-campus Class | 2.00 | 12 weeks | 24 |
| Online Lecture | 1.00 | 12 weeks | 12 |
| Unspecified Activities Independent Learning | 9.50 | 12 weeks | 114 |
| TOTAL | 150 |
Swinburne Online
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| Online Directed Online Learning and Independent Learning | 12.50 | 12 weeks | 150 |
| TOTAL | 150 |
Assessment
| Type | Task | Weighting | ULO's |
|---|---|---|---|
| Assignment | Individual | 40 - 50% | 1,2,3,4 |
| Examination | Individual | 30 - 50% | 1,2,3,4 |
| Online Quiz | Individual | 10 - 20% | 1,2,4 |
Content
- An introduction to corporate financial management
- Dividend Policy
- The time value of money
- Valuing shares and bonds
- Corporate Governance
- Capital budgeting, NPV, making capital investment decisions
- Risk and return, capital asset pricing model
- Weighted average cost of capital
- Financial leverage and capital structure policy
- Descriptive statistics
- Raising Capital
- Investment appraisal under risk and uncertainty
- Investment decisions - lease or buy, asset replacement and capital rationing
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.