ACFI2070
10 units
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;
- Consideration of the goals of organisations and investors;
- Investment evaluation techniques;
- Valuation of equity and debt securities;
- Fixed interest securities;
- Sources and types of available finance;
- Relationship between risk and return;
- Portfolio theory; and
- 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
- ACFI2070 - Semester 2, 2023 (Binus) (PDF, 228.9 KB)
- ACFI2070 - Semester 2, 2023 (Centralcoast) (PDF, 226.7 KB)
- ACFI2070 - Semester 2, 2023 (Newcastle) (PDF, 226.7 KB)
- ACFI2070 - Semester 2, 2023 (Vlu) (PDF, 242.7 KB)
- ACFI2070 - Trimester 3, 2023 (Singapore) (PDF, 234.5 KB)
- ACFI2070 - Semester 1, 2024 (Newcastle) (PDF, 236.7 KB)
- ACFI2070 - Semester 1, 2024 (Ourimbah) (PDF, 236.7 KB)
- ACFI2070 - Semester 1, 2024 (Vanlanguni) (PDF, 271.7 KB)
- ACFI2070 - Semester 1, 2024 (Vlu) (PDF, 271.7 KB)
- ACFI2070 - Trimester 1, 2024 (Singapore) (PDF, 236.1 KB)
The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.