Corporate Finance

Course code ACFI2080Units 10Level 2000Faculty of Business and LawNewcastle Business School

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.

Available in 2015

Callaghan CampusSemester 2
Previously offered in 2014
ObjectivesOn successful completion of this course, you will be able to:

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.
ContentConsiders the capital structure and financing decisions of business enterprises, the measurement and use of the cost of capital, the management of fixed interest investments, mergers and acquisitions, and implications of competitive markets for management.
Replacing Course(s)Not applicable
TransitionNot applicable
Industrial Experience0
Assumed KnowledgeACFI2070 - Business Finance
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Essays / Written AssignmentsReport
Examination: Formal
Quiz - Tutorial
Contact HoursLecture: for 2 hour(s) per Week for Full Term
Tutorial: for 1 hour(s) per Week for 12 weeks
Timetables2015 Course Timetables for ACFI2080