ACFI1003
10 units
1000 level
Course handbook
Description
Financial institutions, assets and markets are the cornerstones of the modern financial system. This course provides students with an introduction to the Australian financial markets and an evaluation of the institutions, assets and participants involved in the industry. It develops knowledge of relevant finance theory and financial techniques to explain the functioning of the financial system and evaluate investment, financing and payout decisions. Upon completing this course, students will have the analytical and problem-solving skills necessary to critically evaluate introductory financial problems reflective of contemporary professional practice in financial management.
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
Learning outcomes
On successful completion of the course students will be able to:
1. Describe and communicate the components of the Australian financial system
2. Identify and explain the basic instruments of corporate funding and the corporate decision to pay dividends
3. Apply basic financial mathematics to financial problem solving
4. Analyse financial instruments and apply valuation techniques to financial instruments
5. Analyse the participants, operations and characteristics of the equity and bonds markets.
Content
The topics in this course include the following:
- An introduction to the financial system
- Banks
- Non-bank financial institutions
- Simple and compound interest
- Annuities
- Corporations and the share market
- Capital Structure and the Cost of Capital
- Investors and the share market
- Short-term debt
- Long-term debt
- Dividend policy
Requisite
This course replaces ACFI2005. If you have successfully completed ACFI2005, you cannot enrol in this course.
Assumed knowledge
HSC Mathematics or equivalent
Assessment items
Quiz: Online Quizzes
In Term Test: Mid Semester Test
Formal Examination: Final Examination
Contact hours
Trimester 1 - 2024 (Singapore) - Singapore PSB
Integrated Learning Session-1
- Face to Face On Campus 3 hour(s) per week(s) for 13 week(s) starting in week 1
- Compulsory Requirement: Students must meet the compulsory attendance requirement.
Semester 1 - 2024 - Newcastle City Precinct
Integrated Learning Session-1
- Face to Face On Campus 3 hour(s) per week(s) for 13 week(s) starting in week 1
- Compulsory Requirement: Students must meet the compulsory attendance requirement.
Trimester 2 - 2024 (Singapore) - Singapore PSB
Integrated Learning Session-1
- Face to Face On Campus 3 hour(s) per week(s) for 13 week(s) starting in week 1
- Compulsory Requirement: Students must meet the compulsory attendance requirement.
Trimester 3 - 2024 (Singapore) - Singapore PSB
Integrated Learning Session-1
- Face to Face On Campus 3 hour(s) per week(s) for 13 week(s) starting in week 1
- Compulsory Requirement: Students must meet the compulsory attendance requirement.
Semester 2 - 2024 - Ourimbah
Integrated Learning Session-1
- Face to Face On Campus 3 hour(s) per week(s) for 13 week(s) starting in week 1
- Compulsory Requirement: Students must meet the compulsory attendance requirement.
Semester 2 - 2024 - Newcastle City Precinct
Integrated Learning Session-1
- Face to Face On Campus 3 hour(s) per week(s) for 13 week(s) starting in week 1
- Compulsory Requirement: Students must meet the compulsory attendance requirement.
Course outline
- ACFI1003 - Semester 1, 2024 (Ncle) (PDF, 213.3 KB)
- ACFI1003 - Trimester 1, 2024 (Naihes) (PDF, 229.7 KB)
- ACFI1003 - Trimester 2, 2024 (Psb) (PDF, 246.4 KB)
The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.