Available in 2024
Course code

ACFI2080

Units

10 units

Level

2000 level

Course handbook

Description

All firms face decisions amongst alternatives when determining both how the firm will be financed and which projects offer the greatest return on investment. ACFI2080 expands across the financing decisions of firms, considers the implications of competitive markets for management, sources of long-term financing, alternative methods of raising capital, and the impact of mergers and acquisitions. Students engage in problem solving and decision making techniques reflective of current professional practice.


Availability2024 Course Timetables

Singapore PSB

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

Newcastle City Precinct

  • Semester 1 - 2024
  • Semester 2 - 2024

Ourimbah

  • Semester 2 - 2024

Nurture - Van Lang University

  • Semester 2 - 2024

Learning outcomes

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

1. Identify and explain the sources of long-term financing that affect a firm's financing decision;

2. Apply and analyse capital structure theories to the financing decision of firms;

3. Critically appraise the efficient market hypothesis including the impact of behavioural finance of efficient markets;

4. Apply the theory of mergers and acquisitions and evaluate the evidence and its' implications for management;

5. Examine the characteristics of firms in distress and its associated implications; and

6. Analyse, synthesis and evaluate the outcomes of financial problems.


Content

The topics in this course include the following:

1. The payout decision

2. Capital structure and financing decisions of business enterprises

3. Measurement and use of the cost of capital

4. Mergers and acquisitions

5. Implications of competitive markets for management.


Requisite

Students must have successfully completed ACFI2070 to enrol in this course.


Assessment items

In Term Test: Mid-Semester Examination

Report: Report

Formal Examination: Examination: Formal


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 - 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.

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.

Semester 2 - 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.

Course outline