Business Finance

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

The course provides an introduction to corporate financial theory and application of theory to problems relevant to managers. Topics covered will include: specification of corporate objectives, evaluation of investment projects, alternative sources of finance, risk, the operation of capital markets, the financing decision, the dividend decision, and the cost of capital.

Available in 2014

Sydney Bathurst StreetSemester 1, Semester 2
Previously offered in 2013, 2012, 2011, 2010, 2009, 2008
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 the sources of finance and investment
3. the time value of money and financial mathematics
4. the evaluation of investment projects
5. the concept of risk
6. risk management and the pricing of risky assets
7. capital structure
8. dividend payout decisions
9. the cost of capital.
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
Timetables2014 Course Timetables for PACC6003