Corporate Finance

Course code ACFI2080
Available in 2015
2015 Course Timetables

Description

All firms face decision making when determining which projects offer the greatest investment. ACFI2080 expands across the financing decisions of firms, considers the implications of competitive markets for management, the effect of dividend policies, the management and use of the cost of capital, the impact of mergers and acquisitions, and the management of international finance. Students engage in problem solving and decision making techniques reflective of current professional practice.

Availability

Callaghan Campus

  • Semester 2 - 2015

Learning Outcomes

1. Engender an integrative understanding of the factors affecting a firms financing decision.

2. Interrelate the importance of the dividend decision and the factors that may effect this decision.

3. Comprehend the concept of, and demonstrate the ability to, calculate firms weighted average cost of capital and the effect of imputation tax.

4. Develop an extended understanding of the efficient market hypothesis, and arguments in favour of behavioural finance.

5. Explain mergers and acquisitions, theory and evidence on the competitiveness of securities markets and the implications of this evidence for management.

6. Analyse, synthesise and evaluate the outcomes of a detailed financial problem, incorporating both collaborative and individual work processes.

7. Reflect upon and interpret conclusions, communicating them in formats conducive to both audience and purpose.

Content

The topics in this course include the following:

1. capital structure and financing decisions of business enterprises

2. measurement and use of the cost of capital

3. management of fixed interest investments

4. mergers and acquisitions

5. implications of competitive markets for management.

Replacing Course(s)

This course replaces the following course(s): . Students who have successfully completed are not eligible to enrol in ACFI2080.

Assumed Knowledge

ACFI2070 - Business Finance

Assessment Items

In Term Test: Mid-Semester Examination

Report: Assignment

Formal Examination: Examination: Formal

Contact Hours

Lecture

Face to Face On Campus 2 hour(s) per Week for Full Term

Tutorial

Face to Face On Campus 1 hour(s) per Week for 12 Weeks