Available in 2017, 2018
Course code

ACFI2070

Units

10 units

Level

2000 level

Course handbook

Description

The key intent of business finance is to maximize firm value while reducing firm risk. Focused particularly in the context of the business entity, Business Finance introduces the theory and practice of securities markets, valuation, and execution of optimal investment decisions. Investment goals, investment evaluation techniques, security characteristics, financial mathematics, modern portfolio theory, the capital asset pricing model, and security valuation techniques are included within the array of topics.


Availability2017 Course Timetables

Newcastle City Precinct

  • Semester 2 - 2017
  • Semester 1 - 2018
  • Semester 2 - 2018

UoN Singapore

  • Trimester 3 - 2018 (Singapore)
  • Trimester 1 - 2018 (Singapore)

Learning outcomes

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

1. Demonstrate a basic understanding of the theory of finance to facilitate the evaluation of investment, financing and dividend decisions of the firm;

2. Comprehend the fundamentals of capital budgeting as applied to the investment decision of a business;

3. Demonstrate a descriptive understanding of the pricing of risky assets;

4. Identify the basic instruments used in corporate funding, and;

5. Select and use business terminology and communication contexts specific to the finance discipline


Content

The course considers the impact of financing and investment decisions on business enterprises. Topics covered include a consideration of the goals of organisations and investors, investment evaluation techniques, the valuation of equity and debt securities, fixed interest securities, sources and types of available finance, the relationship between risk and return, portfolio theory, asset pricing models.


Assumed knowledge

ACFI1001, ACFI1003, ECON1001, ECON1002 PLUS one of STAT1060 OR ECON1003, or a 10 unit 1000 level Mathematics course.


Assessment items

In Term Test: Quiz

Quiz: Mid Semester Test

Formal Examination: Final Exam


Contact hours

Callaghan, Newcastle City Precinct and UoN Singapore

Workshop

Face to Face On Campus 2 hour(s) per Week for Full Term

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.