最新糖心Vlog

CORPFIN 2500 - Business Finance II

North Terrace Campus - Semester 1 - 2015

This course examines firm investment and distribution decisions in the context of a capital market structure and efficiency. Valuation methods are developed for valuing projects and securities. Basic portfolio theory is discussed to develop simple asset pricing models and used for determining the cost of capital for use in investment evaluation. The implications of alternative financing options (debt, equity (retained and new) and leasing) are considered, and elementary capital structure theorems are presented, in relation to which the dividend decisions are analysed. The question of market efficiency is considered, and the implications of this for trading strategies discussed.

  • General Course Information
    Course Details
    Course Code CORPFIN 2500
    Course Business Finance II
    Coordinating Unit Adelaide Business School
    Term Semester 1
    Level Undergraduate
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange Y
    Assumed Knowledge (ECON 1008 or STATS 1000) & ECON 1004 & ACCTING 1002 or ACCTING 1005 or equivalent
    Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture
    Course Staff

    Course Coordinator: Dr Alex Chen

    Course Timetable

    The full timetable of all activities for this course can be accessed from .

  • Learning Outcomes
    Course Learning Outcomes
    The aim of this course is that on completion students can:
    1. Apply core concepts of financial management, including using valuation and financial modelling techniques to make informed financial decisions.
    2. Discuss effect of limitations when using these techniques in a practical context.
    3. Recognize and discuss the implications of ethical behaviour in the context of financial management and financial planning.
    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)
    Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1, 2
    The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 1
    An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 1
    Skills of a high order in interpersonal understanding, teamwork and communication. 1
    A proficiency in the appropriate use of contemporary technologies. 1
    A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 1, 2
    A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 3
    An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 3
  • Learning Resources
    Required Resources

    Text Book: 
    Pierson, G., Brown, R., Easton, S., Howard, P., Pinder, S., Business Finance, Eleventh Edition, McGraw Hill, 2011.


    Calculator:
    If you would like to use a graphic calculator in the exam, no text can be stored in its memory. A financial calculator is highly recommended.

    Recommended Resources
    Because this subject gives you the theory and tools to deal with practical financial issues, you will also benefit and find it interesting if you regularly look at the 最新糖心Vlogn Financial Review and/or the finance pages of the Advertiser or the 最新糖心Vlogn. Some tutorial questions will refer directly to these issues. This will fill you in with the topics and current issues in the fields of corporate finance and financial management.
    Online Learning
    This course is supported by on-line learning including:

    • Access to the resources provided by McGraw Hill in support of the textbook
    • Access to course materials
    • AV output of lectures shortly after the lecture is held, for revision or catch up purposes
    • Other links and references as appropriate
  • Learning & Teaching Activities
    Learning & Teaching Modes
    The approach to learning and teaching for is to use weekly lectures supported by problem-solving tutorials developing and extending material covered in lectures.
    Workload

    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 lectures throughout the semester plus one tutorial class (beginning from week 2) each week. This course has been designed such that you are expected to commit approximately 9 hours per week of private study outside of your regular classes.
    Learning Activities Summary

    The course is presented in 10 topics – broadly aligned with weeks of the semester. 

    Date       Topic                                                          Basic Reading (Pierson)

    3 Mar     (1) The Goals and Functions of Finance               Chapter 1

    10 Mar   (2) Time Value of Money                                    Chapter 3 (TUTORIALS START FROM THIS WEEK)

    17 Mar   (3) Bond and Stock Valuation                             Chapter 4

    24 Mar   (4) Basic Project Evaluation                                Chapter 5

    31 Mar   (5) Other Issues in Project Evaluation                  Chapter 6

    7 Apr    CLASS TEST1 (NO TUTE IN THIS WEEK)

    MID-SEMESTER BREAK

    28 Apr  (6) Portfolio Theory (Risk and Return)                   Chapter 7

    5 May   (7) Market Efficiency                                           Chapter 16

    12 May (8) Dividend Policy                                               Chapter 11

    19 May  CLASS TEST 2 (NO TUTE IN THIS WEEK)

    26 May (9) Capital Structure Decisions                               Chapter 12 & 13

    2 Jun    (10) Cost of Capital                                               Chapter 14

  • Assessment

    The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    Class tests and final exam are Closed-book examinations. However, a formula sheet will be provided by the lecturer. Also, class tests/final exam are compulsory and not redeemable. Failure to sit a test without adequate reason and approval will result in zero marks for the test.


    Assessment Date                                  Weighting        Topics covered       Related learning outcome
    Class test 1 (7 April at Scott Theatre)          20%                       1-4                               All
    Class test 2 (19 May at Scott Theatre)         15%                       5-7                               All
    Final exam (3 hours; TBA)                           65%                      1-10                              All

    Assessment Detail

    No information currently available.

    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 .

  • 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.

  • Student Support
  • Policies & Guidelines
  • 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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