CORPFIN 7005 - Principles of Finance (M)
North Terrace Campus - Trimester 3 - 2021
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General Course Information
Course Details
Course Code CORPFIN 7005 Course Principles of Finance (M) Coordinating Unit Finance and Banking Term Trimester 3 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture Course Staff
Course Coordinator: Dr Erin Derina
Adelaide Trimester 1, 2021 Name: Mr. Peter Lennox
Email: peter.lennox@adelaide.edu.auAdelaide Semester 1, 2021 Melbourne Trimester 1, 2021 Dr Chee Seng Cheong
Associate Professor in Finance
Adelaide Business School
Level 12, 10 Pulteney Street
South 最新糖心Vlog, 5005, AUSTRALIA
T: +61 8 8313 0356
E: chee.cheong@adelaide.edu.au
W:Name: G M Wali
Email: gm.waliullah@adelaide.edu.auAdelaide Semester 2, 2021 Dr Tariq Haque
Lecturer in Finance
Adelaide Business School
Room 22, Level 12, 10 Pulteney Street
South 最新糖心Vlog, 5005, AUSTRALIA
T: +61 8 8313 7599
E: tariq.haque@adelaide.edu.au
W:Adelaide Trimester 3, 2021 Dr Ratna Derina
Lecturer in Finance
Adelaide Business School
Room 37, Level 12, 10 Pulteney Street
South 最新糖心Vlog, 5005, AUSTRALIA
T: +61 8 8313 7137
E: ratna.derina@adelaide.edu.au
W:Course Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course, students will be able to:- Explain the financial goal of a firm.
- Apply time value of money principles to evaluate investment opportunities.
- Apply various capital budgeting techniques to evaluate investment projects.
- Determine the required return of different sources of finance.
- Compute the weighted average cost of capital of a project or a firm.
- Demonstrate the impact of taxes and bankruptcy costs on a firm’s capital structure.
最新糖心Vlog Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
最新糖心Vlog Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1,2,3,4,5,6 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
2,3,4,5,6 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
1,2,3,4,5,6 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
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Learning Resources
Required Resources
TRIMESTER 1 AND SEMESTER 1:
Textbook
Parrino, Au Yong, Dempsey, Morkel-Kingsbury, Ekanayake, James, Murray, Fundamentals of Corporate Finance, 3rd Edition, Wiley, 2019, ISBN 978-0-7303-6346-0.
Calculator
This course requires considerable mathematical computation. Although much of it is relatively simple, access to an appropriate calculator is necessary. If you intend to purchase a calculator for this course, you will find it useful to purchase a financial calculator. This is of particular relevance for the time value of money calculations - the relevant function keys include; PV, FV, PMT, n, I/Y, NPV, IRR. Any financial calculator is suitable for this course. The most popular financial calculator is the Sharp EL738 (or its variations).
SEMESTER 2 and TRIMESTER 3 2021
Textbook
Parrino, Au Yong, Dempsey, Morkel-Kingsbury, James, Mazzola, Murray, Smales, and Wei, Fundamentals of Corporate Finance, 4th Edition, Wiley, 2020
Calculator
This course requires considerable mathematical computation. Although much of it is relatively simple, access to an appropriate calculator is necessary. If you intend to purchase a calculator for this course, you will find it useful to purchase a financial calculator.
This is of particular relevance for the time value of money calculations - the relevant function keys include; PV, FV, PMT, n, I/Y, NPV, IRR. Any financial calculator is suitable for this course. The most popular financial calculator is the Sharp EL738 (or its variations).Recommended Resources
SEMESTER 2 2021:
Other Reference Books
Berk, DeMarzo, Harford, Ford, Mollica, and Finch, Fundamentals of Corporate Finance, 2nd edition, Pearson, 2013.
Graham, Adam, and Gunasingham, Corporate Finance, 3rd Asia-Pacific Edition, Cengage, 2021.
Parrino, Au Yong, Dempsey, Morkel-Kingsbury, Ekanayake, James, Murray, Fundamentals of Corporate Finance, 3rd Edition, Wiley, 2019, ISBN 978-0-7303-6346-0.
Ross, Drew, Walk, Westerfield and Jordan, Fundamentals of Corporate Finance, 7th Edition, McGraw-Hill, 2016, ISBN 9781743761830.Online Learning
This course offering will be delivered both face-to-face and online.
Relevant course links for Zoom will be made available via MyUni. -
Learning & Teaching Activities
Learning & Teaching Modes
No information currently available.
Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
Students in this course are expected to attend all seminars throughout the trimester.
The 最新糖心Vlog expects full-time students (i.e. those taking 12 units per relevant term) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours of private study outside of the online course content.Learning Activities Summary
Topic #1 : The financial manager and the company (Text Chapter 1: 3rd ed or Chapter 1: 4th ed)
Topic #2 : The time value of money (Text Chapter 3: 3rd ed or Chapter 5: 4th ed)
Topic #3 : Discounted cash flows and valuation (Text Chapter 4: 3rd ed or Chapter 6: 4th ed)
Topic # 4 : Risk and return (Text Chapter 5: 3rd ed or Chapter 7: 4th ed)
Topic # 5 : Bond valuation and the structure of interest rates (Text Chapter 6:3rd ed or Chapter 8:4th ed)
Topic # 6 : Share valuation (Text Chapter 7: 3rd ed or Chapter 9: 4th ed)
Topic # 7 : The fundamentals of capital budgeting (Text Chapter 8: 3rd ed or Chapter 10: 4th ed)
Topic # 8 : Cash flows and capital budgeting (Text Chapter 9: 3rd ed or Chapter 11: 4th ed)
Topic # 9 : The cost of capital (Text Chapter 11 or Chapter 13: 4th ed)
Topic # 10 : Capital structure policy (Text Chapter 14: 3rd ed or Chapter 16: 4th ed)
Please refer to the Teaching Schedule located on MyUni regarding which week in semester each topic is covered in lectures. -
Assessment
The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Task Weighting Date Related Course Learning Outcomes Test I (covering topics 1-3), open book 25% Trimester Week 6, online 1-2 Test II (covering topics 4-6), open book 25% Trimester Week 10, online 3-4 Final exam (all topics), open book 50% Exam period, Refer to Access Adelaide 1-6 Total 100%
Notes:
Sample practice questions will be uploaded on MyUni prior to the tests and exam.
Assessment Detail
1.
Test 1 will be conducted online on an individual basis in week 6 of trimester. it will be an open book test covering topics 1 to 3 of the course. It is worth 25% of the overall course assessment.
Feedback for Test 1 will be provided in the form of a mark.
Further details of the requirements for Test 1 will be provided via MyUni.
2.
Test 2 will be conducted online on an individual basis in week 10 of trimester. it will be an open book test covering topics 4 to 6 of the course. It is worth 25% of the overall course assessment.
Feedback for Test 2 will be provided in the form of a mark.
Further details of the requirements for Test 2 will be provided via MyUni.
5.
The Final Exam will cover all topics and be conducted on an individual basis at the end of the semester. It is weighted at 50% of the overall course assessment.
A sample exam will be provided , to help students with their exam preparation.Submission
No information currently available.
Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
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Student Feedback
The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
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