Notice
As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group learning activities on campus for the second half-year, while keeping an online version available for those students unable to return or those who choose to continue their studies online.
To check the availability of face to face activities for your unit, please go to timetable viewer. To check detailed information on unit assessments visit your unit's iLearn space or consult your unit convenor.
Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Damian Bridge
|
---|---|
Credit points |
Credit points
10
|
Prerequisites |
Prerequisites
50cp at 1000 level or above including ((ACCG100 or ACCG1000 or ACCG106) and (STAT150 or STAT1250 or STAT170 or STAT1170 or STAT171 or STAT1371) and (ACST101 or ACST1001) and (ECON111 or ECON1020))
|
Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
|
Unit description |
Unit description
This introductory unit in corporate finance focuses on the financing and investing decisions made by the finance manager of an organisation. While the emphasis is on the theory of the firm, students are also given exposure to current issues affecting corporate finance. Satisfactory completion of the unit equips students with a grasp of the following principals of financial economics: the relation between risk and expected return and the time value of money. The unit also provides an introductory coverage of derivative securities and no arbitrage valuation in the international finance. |
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:
Assessment criteria for all assessment tasks will be provided on the unit iLearn site.
It is the responsibility of students to view their marks for each within-session-assessment on iLearn within 20 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 tasks (not including the final exam mark) will not be addressed.
Late submissions and extensions
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 consideration is made and approved. No submission will be accepted after solutions have been posted.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Online Quizzes | 20% | No | Weekly from Week 2 (Except Weeks 7 and 13) |
Mid Session Test | 20% | No | Week 7 |
Final Examination | 60% | No | During University Examination Period |
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 5 hours
Due: Weekly from Week 2 (Except Weeks 7 and 13)
Weighting: 20%
Weekly online quizzes.
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 12 hours
Due: Week 7
Weighting: 20%
An open book online mid session test of 90 minutes will be held to give students practice on a summative task and to provide feedback on their progress midway through the session.
Assessment Type 1: Examination
Indicative Time on Task 2: 16 hours
Due: During University Examination Period
Weighting: 60%
A two hour online open book exam will be held during the University Examination Period.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Required Text (source for weekly tutorial questions)
The textbook will assist you in the weekly quizzes.
Detailed textbook requirements are available on ilearn
Required Textbook
Recommended Text
The unit is delivered through weekly lectures and tutorial classes. Tutorial questions will mostly be sourced from the required textbook. The question numbers that will be discussed in tutorials will be posted to iLearn each week. Students should attempt these questions before tutorials. Brief answers to the tutorial questions will be posted on iLearn after each week.
To achieve the best possible results students should:
1) View all lectures and tutorial classes.
2) Tutorial questions and problems are assigned from the required text book;
3) Read the assigned chapters of the required text book before attending lectures;
4) Download lecture notes from iLearn, which are available weekly before lectures. Ensure these notes are brought to lectures.
5) Attend PAL sessions where difficulties are experienced.
Week No. |
Date (Week Beginning) |
Topic |
Chapters (Fundamentals unless stated otherwise) |
1 |
27 July |
Introduction to Financial Management and Risk & Return |
1 & 5 |
2 |
3 August |
Cash Flows & Capital Budgeting |
9 |
3 |
10 August |
Evaluating Project Economics and Capital Rationing |
10 |
4 |
17 August |
The Cost of Capital |
11 |
5 |
24 August |
Working Capital Management |
12 |
6 |
31 August |
Capital Structure Policy |
14 |
7 |
7 September |
Mid Semester Test |
|
8 |
28 September |
Dividends & Dividend Policy |
15 |
9 |
5 October |
Business Formation Growth & Valuation Strategic Financial Planning & Forecasting |
16 & 17 |
10 |
12 October |
Derivative Securities |
Ch. 18 & Ch.20(Ross) |
11 |
19 October |
International Finance |
Ch 19 & Ch. 5 (Eitman) |
12 |
26 October |
Trade Finance |
Ch. 20 (Eun) |
13 |
2 November |
Revision |
|
Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to help you improve your marks and take control of your study.
The Library provides online and face to face support to help you find and use relevant information resources.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
If you are a Global MBA student contact globalmba.support@mq.edu.au
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Tutorial quizzes are now required on a weekly basis.
Removal of assignment.