Available in 2024
Course code

ACFI2070

Units

10 units

Level

2000 level

Course handbook

Description

The key intent of business finance is to maximise firm value while reducing firm risk. Focused particularly in the context of the business entity, Business Finance introduces the theory and practice of securities markets, valuation, and execution of optimal investment decisions. Investment goals, investment evaluation techniques, security characteristics, financial mathematics, modern portfolio theory, the capital asset pricing model, and security valuation techniques are included within the array of topics.


Availability2024 Course Timetables

Singapore PSB

  • Trimester 1 - 2024 (Singapore)
  • Trimester 2 - 2024 (Singapore)
  • Trimester 3 - 2024 (Singapore)

Ourimbah

  • Semester 1 - 2024
  • Semester 2 - 2024

Newcastle City Precinct

  • Semester 1 - 2024
  • Semester 2 - 2024

Nurture - Van Lang University

  • Semester 1 - 2024

Learning outcomes

On successful completion of the course students will be able to:

1. Demonstrate a basic understanding of the theory of finance to facilitate the evaluation of investment and financing the firm

2. Comprehend the fundamentals of capital budgeting as applied to the investment decision of a business;

3. Demonstrate a descriptive understanding of the pricing of risky assets;

4. Demonstrate the ability to calculate firms weighted average cost of capital and the effect of imputation tax and;

5. Comprehend the effect of dividend decision and identify the relevant factors that may affect this decision


Content

Topics in this course include but are not limited to;

  1. Consideration of the goals of organisations and investors;
  2. Investment evaluation techniques;
  3. Valuation of equity and debt securities;
  4. Fixed interest securities;
  5. Sources and types of available finance;
  6. Relationship between risk and return;
  7. Portfolio theory; and
  8. Asset pricing models.

Requisite

Students must have successfully completed ACFI1001 and ACFI1003 to enrol in this course.


Assessment items

In Term Test: Mid Semester Test

Written Assignment: Individual Assessment

Formal Examination: Final Exam


Contact hours

Trimester 1 - 2024 (Singapore) - Singapore PSB

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Semester 1 - 2024 - Ourimbah

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Semester 1 - 2024 - Newcastle City Precinct

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Semester 1 - 2024 - Nurture - Van Lang University

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Trimester 2 - 2024 (Singapore) - Singapore PSB

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Trimester 3 - 2024 (Singapore) - Singapore PSB

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Semester 2 - 2024 - Ourimbah

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Semester 2 - 2024 - Newcastle City Precinct

Workshop-1
  • Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
  • Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.

Course outline