Coronavirus (COVID-19) Update
Due to the Coronavirus (COVID-19) pandemic, any references to assessment tasks and on-campus delivery may no longer be up-to-date on this page.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
Unit convenor and teaching staff |
Unit convenor and teaching staff
Timothy Kyng
Angela Chow
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Credit points |
Credit points
10
|
Prerequisites |
Prerequisites
ACST603 or ACST6003 or admission to MActPrac
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Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
|
Unit description |
Unit description
This unit covers established methods for the valuation and appraisal of investment projects and related financial decisions. It also covers the new 'real options approach' to investment appraisal, including the application of exotic options pricing formulae to real options using Microsoft Excel to build financial models, and introducing students to Visual Basic/Excel macros for financial modelling. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Coronavirus (COVID-19) Update
Assessment details are no longer provided here as a result of changes due to the Coronavirus (COVID-19) pandemic.
Students should consult iLearn for revised unit information.
Find out more about the Coronavirus (COVID-19) and potential impacts on staff and students
Gradebook
It is the responsibility of students to view their marks for each within session assessment on iLearn within 20 working days of posting. If there are any discrepancies, students must contact the unit convenor immediately. Failure to do so will mean that queries received after the release of final results regarding assessment marks (not including the final exam mark) will not be addressed.
Special Consideration
Where a Special Consideration application is approved, the student may be offered an alternative assessment or may receive a mark based on the percentage mark achieved by the student in one or more other assessment tasks, at the Unit Convenor’s discretion.
Late Penalties
Tasks 10% or less – No extensions will be granted. Students who have not submitted the task prior to the deadline will be awarded a mark of 0 for the task, except for cases in which an application for special consideration is made and approved.
Tasks above 10% - No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for special considereation is made and approved. No submission will be accepted after solutions have been posted.
Coronavirus (COVID-19) Update
Any references to on-campus delivery below may no longer be relevant due to COVID-19.
Please check here for updated delivery information: https://ask.mq.edu.au/account/pub/display/unit_status
A 3 hour combined lecture / tutorial / computer lab session will be held each week. In some weeks this will be mostly lecture content and in others mostly practical / spreadsheet modeling exercises.
Coronavirus (COVID-19) Update
The unit schedule/topics and any references to on-campus delivery below may no longer be relevant due to COVID-19. Please consult iLearn for latest details, and check here for updated delivery information: https://ask.mq.edu.au/account/pub/display/unit_status
Weekly Topics Covered:
1. Introduction to excel, introductory financial mathematics & functions. Translating mathematical formulae into excel code. Application to pricing bonds and bills. Excel implementation.
2. Further topics in financial mathematics. Amortizing loans, annuities, leases & bonds. Excel implementation.
3. Introduction to capital budgeting. Project cashflows and methods for their estimation
4. Elementary methods of forecasting. Matrix algebra and applications. Implementation in excel.
5. Project appraisal using NPV, IRR, ARR, PP and other methods. Excel implementation
6. Methods for estimating model parameters, Sensitivity and breakeven analysis. Case Studies
7. Class test
8. Introduction to options and valuation via the Black Scholes model.
9. Binomial option pricing methods and implementation in excel.
10. Monte Carlo simulation modelling and financial applications.
11. The "real options approach" to valuation of projects.
12. Case Studies
13. Case Studies and revision
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Date | Description |
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07/02/2020 | Minor changes to general assessment information. |