Abstract

This subject integrates the study of the accounting and finance functions of the firm in the context of a global financial institutional environment. The subject examines the objectives of corporate finance and develops specific student competencies pertinent to corporate treasury management and institutional finance.

Syllabus

introduction to financial management and the Australian taxation system;financial markets;financial mathematics;credit management & short-term financing;introduction to risk and rates of return;valuation of bonds and shares;capital budgeting concepts & methods;issues in capital budgeting;other approaches to evaluating risk in project evaluation;cost of capital;long-term debt finance;shares & convertible securities;capital structure;dividend policy;

Learning outcomes

Upon successful completion of this subject, students should:
1.
be able to evaluate and explain the congruence of accounting, finance and treasury functions;
2.
be able to explain and critique the objectives of financial management in contemporary organisations;
3.
be able to critically evaluate mainstream financial theory and concepts;
4.
be able to discuss and evaluate ethical considerations in financial dealings;
5.
be able to demonstrate appropriate communication skills in the context of corporate finance; and
6.
be able to demonstrate specific technical competencies and skills in utilising quantitative techniques in financial analysis.

Enrolment restrictions

Postgraduate students only.