最新糖心Vlog

CORPFIN 7101 - Managerial Finance

North Terrace Campus - Trimester 1 - 2023

This course introduces you to the world of modern finance, with a focus on understanding how important financial decisions are determined within the firm. It covers the concepts of time value of money, asset valuation, the risk and return paradigm, capital budgeting and payout decisions. Upon completion, students will be able to value bonds and stocks, estimate asset returns according to their risk characteristics, and choose projects that maximize shareholder's wealth using a wide range of analytical tools. They will also develop a good understanding on how firms finance their capital expenditure on their investment and how payout levels are determined.

  • General Course Information
    Course Details
    Course Code CORPFIN 7101
    Course Managerial Finance
    Coordinating Unit Management
    Term Trimester 1
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange Y
    Restrictions Available for Graduate Certificate, Graduate Diploma in Business Administration and Masters of Business Administration, Master of Business Administration (12) students
    Course Staff

    Course Coordinator: Mr Graeme Gould

    Course Timetable

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

  • Learning Outcomes
    Course Learning Outcomes
    1. Understand and apply the concepts of discounting and compounding in the financial environment.
    2. Understand and apply the role of risk and return in pricing investments
    3. Understand how various capital budgeting techniques can be used to evaluate investment projects.
    4. Understand and determine the required return of different sources of finance used in capital budgeting decisions.
    5. Comprehend the impact that leverage and capital structure has on firm value.
    6. The ability to select, measure and justify an appropriate capital budgeting model to evaluate an investment project.
    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)

    Attribute 1: Deep discipline knowledge and intellectual breadth

    Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.

    1 - 6

    Attribute 2: Creative and critical thinking, and problem solving

    Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.

    1 - 6

    Attribute 3: Teamwork and communication skills

    Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.

    6

    Attribute 4: Professionalism and leadership readiness

    Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.

    6

    Attribute 5: Intercultural and ethical competency

    Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.

    1 - 6

    Attribute 7: Digital capabilities

    Graduates are well prepared for living, learning and working in a digital society.

    1 - 6

    Attribute 8: Self-awareness and emotional intelligence

    Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.

    6
  • Learning Resources
    Required Resources
    Parrino et al., Fundamentals of Corporate Finance. 4th Edition. Wiley. ISBN 9780730382577

    Students also need access to Microsoft Excel.
    Recommended Resources
    Access to Financial newspapers (eg, 最新糖心Vlogn Financial Review, Financial Times, Wall Street Journal, Bloomberg) is also recommended but not essential.
    Online Learning
    Important messages, PowerPoint slides on each topic including recorded comments on ECHO 360, solution to assigned questions and problems, and other materials relating to the course will be placed on MyUni throughout the trimester. MyUni can be found at (www.myuni.adelaide.edu.au).
  • Learning & Teaching Activities
    Learning & Teaching Modes
    In this course a mix of learning methods, including topic presentations, interactive discussion, the solving of assigned questions and problems on a weekly basis, and sharing of business experiences and observation is used.
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    Weekly classes are 3 hours long. Students should allocate up to eight hours per week of study time to do appropriate readings, solving set questions, problems, and assignments in addition to attendance at scheduled class sessions.
    Learning Activities Summary
    Topic  Topic Detail Textbook Chapter
    1 Introduction: Issues in Corporate Finance: Scope and activities of corporate finance, role of the corporate finance manager, key goal of financial management, the agency problem, and relationships with financial markets Chapter 1
    2 Valuation Principles: Introduction to time value of money, present values; single and multiple cash flows Chapter 5
    3 Discounted Cash Flow Vaulations: Pricing annuities, perpetuities, effectvie annual rates Chapter 6
    4 Principles of Risk and Return: Defining risk and return, Diversification benefits, principles of portfolio theory Chapter 7
    5 Market Efficiency and Bond Vaulation: Types of market efficiency, bond pricing, term structure of interest rates Chapter 8
    6 Share Valuation: Standard models for princing stocks Chapter 9
    7 Basics of Capital Budgeting: Learn methods to evaluate projects using NPV, IRR and payback methods Chapter 10
    8 Determining Free Cash Flows: Work out what should and should not be considered as part of a project's free cash flows and comparing projects with different lifespans Chapter 11
    9 Cost of Capital: Understand the principles behind the Weighted Average Cost of Capital (WACC) Chapter 13
    10 Capital Structure: Cover the theories explaining capital structure and consider what factors determine an optimal capital structure for a company. Chapter 16


  • 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
    Assessment Task Task Type Method Weighting Learning Outcome
    Homework Questions Individual Online numerical and theoretical questions 35% 1, 2, 3, 4, 5
    Group Assignment Group Professional Report style written assignment 30% 6
    Final Test Individual 2hr timed online test, consisting of short and long answer questions 35% 6
    Total 100%
    For specific dates please see MyUni.
    Assessment Detail
    Both the homework and quiz assessment are to be conducted online and are individual assessments. Access to a computer and Microsoft Excel is required.

    The group assignment can have a maximum of 3 persons in the group.

    There are up to ten pieces of homework that relate to each of the ten Topics covered in the course. These are completed online through Wiley's online assessment portal and consist of multiple choice and numerical questions. Each homework is related to specific CLOs. The pieces of homework are equally weighted and count towards 35% of your final grade. The first three pieces of homework, however, allow for two attempts at each question (with a reduced mark for the second attempt) to gain familiarity with the system.

    2. A group assignment (groups of 2-3 students) that is presented to students two-thirds of the way through the course and is to be completed one week after the last topic is covered. The group assignment is related to CLO #6 and is worth 30% of your final grade.
    The group assignment is downloadable here when it becomes available.

    3. A final online test that consists of multiple choice, numerical and short answer questions is set at the end of the course (on the exam date). It is a timed assessment, relates to CLO #6 and is worth 35% of your final grade. A sample test will be made available to practice on. Please note that students need to attain a passing grade (50%) in the Final test to pass the course.
    Submission
    The assessed homework is conducted online as each Topic is completed. The quiz is also conducted at the end of the teaching period. However, a specified time will be advertised to take the quiz with strict time limits set to complete the quiz.

    The group assignment is to be submitted through the MyUni course portal and students will have three weeks to complete the task from the date that the assignment is released to the students.Assignments will be returned a week after submission
    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.

The 最新糖心Vlog of Adelaide is committed to regular reviews of the courses and programs it offers to students. The 最新糖心Vlog of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.