Business Finance

Course code PACC6003Units 10Level 6000Faculty of Business and LawNewcastle Business School

The course provides an introduction to corporate finance theories and how these theories can be applied to problems relevant to managers. Topics covered will include: corporate objectives, operations of capital markets, alternative sources of finance, dividend decision, financing decision, cost of capital, time value of money, evaluation of investment projects, and risk and return.

Available in 2015

Sydney Bathurst StreetSemester 1, Semester 2
Previously offered in 2014
ObjectivesOn successful completion of this course, students will be able to:
1. Explain the importance of finance and risk in personal/business decisions;
2. Demonstrate an understanding of the investment and financing decision processes of the firm;
3. Illustrate an understanding of the role cash flow estimates and analysis have in the decision processes;
4. Use basic financial mathematics;
5. Exhibit an understanding of how risky assets are priced;
6. Explain the concept of risk management and its importance to management.
ContentTopics in this include but are not limited to:

1. Identifying corporate objectives
2. Introduction to the capital market as sources of finance and investment
3. Alternatives sources of finance
4. Dividend payout decisions
5. Capital structures
6. Cost of capital
7. Time value of money and financial mathematics
8. Evaluation of investment projects
9. Concept of risk
10.Risk management and pricing of risky assets.
Replacing Course(s)Nil
TransitionNil
Industrial Experience0
Assumed KnowledgeNil
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Examination: Class
Essays / Written Assignments
Examination: FormalThe final examination is a formal examination conducted by the exam branch, and will consist of both theoretical and practical questions.
Contact HoursLecture: for 3 hour(s) per Week for Full Term
Compulsory Components
Requisite by EnrolmentThis course is only available to students enrolled in the Master of Professional Accounting, Master of Professional Accounting (Advanced) and Master of Professional Accounting/Master of Business
Timetables2015 Course Timetables for PACC6003