Special Consideration
FIN201 Corporate Finance
Unit Description
This unit provides an introduction to the underlying concepts and theories in capital budgeting, financing and payout policy decisions facing entities using finance quantitative techniques. The main topics covered in this subject include financial mathematics, valuation of financial and productive assets, risk and return, cost of capital, working capital management, capital structure, and dividend policy. A focus of this unit is on application; to compute, interpret and apply a range of quantitative measures to solve complex financial problems and assist in making optimal financial decisions and apply the fundamental concepts and theories of finance in the real world. This unit will offer useful “take-home” skills and knowledge relevant both for students who are running (or are planning to run) their own businesses as well as those employed (or seeking employment) in managerial positions within large companies.
Expected Student Workload
Number of timetabled hours per week: 4 hours (2 hours in lecture and 2 hours in tutorial)
No. personal study hours per week: 6 hours
Total workload hours per week: 10 hours
Prerequisites
BUS102 Business Statistics
Unit Weighting
Unit credit points: 10
Total course credit points: 240
Delivery Mode
Face to face on VSC campus
Unit Learning Outcomes (ULO)
ULO1: Demonstrate an understanding of how financial systems work.
ULO2: Calculate the value of different types of cash flow streams including financial assets such as shares and bonds.
ULO3: Explain the concepts of risk, risk aversion and diversification, and systematic risk.
ULO4: Apply evaluation methods including those based on the time value of money to evaluate capital investment proposals.
ULO5: Explain the importance of cost of capital and decisions around capital structure.
ULO6: Demonstrate communication skills to present corporate finance problems in a professional manner, either individually or in a group environment.