Session 2 Learning and Teaching Update
The decision has been made to conduct study online for the remainder of Session 2 for all units WITHOUT mandatory on-campus learning activities. Exams for Session 2 will also be online where possible to do so.
This is due to the extension of the lockdown orders and to provide certainty around arrangements for the remainder of Session 2. We hope to return to campus beyond Session 2 as soon as it is safe and appropriate to do so.
Some classes/teaching activities cannot be moved online and must be taught on campus. You should already know if you are in one of these classes/teaching activities and your unit convenor will provide you with more information via iLearn. If you want to confirm, see the list of units with mandatory on-campus classes/teaching activities.
Visit the MQ COVID-19 information page for more detail.
Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor/ Lecturer
Farida Akhtar
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
Admission to GradCertFin or GradDipAppFin or MAccg or MAccLead or MAppEcon or MAppFin or MAppFin(Adv) or MBkgFin or MCom or MIntBus or MProfAcc or MProfAccgLead or MBusAnalytics or MBioBus
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit aims to provide students with a knowledge and understanding of the principles and techniques underlying theory and practice in corporate finance. Topics include: basic financial mathematics: interest rates, present values, future values, annuities, perpetuities; valuation and analysis of debt and equity securities; methods for investment evaluation and capital budgeting: Net Present Value (NPV), Internal Rate of Return (IRR), Payback Priod (PP); business organisation and taxation, financial markets and raising finance; tradeoff between risk and return, the cost of capital and capital structure; dividend policy and company valuation; corporate liabilities and international finance; bond valuation and term structure; statistical concepts and risks; fixed income bonds and amortisation; introduction to risk management, application of financial mathematics concepts using MS Excel based activities within a corporate finance context. |
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 of assessments
Sometimes unavoidable circumstances occur that might prevent you from submitting an assessment on time and, in that case, you may be eligible to lodge a Special Consideration request.
Unless a Special Consideration request has been submitted and approved, please note that no extensions to assessment deadlines will be granted. Assessments that are submitted late will attract a late penalty:
Name | Weighting | Hurdle | Due |
---|---|---|---|
Class Test | 20% | No | Week 7 |
Assignment | 20% | No | Week 10 |
Final Exam | 60% | No | University Examination period |
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 7 hours
Due: Week 7
Weighting: 20%
This 1 hour online test will be held during the lecture time.
Assessment Type 1: Problem set
Indicative Time on Task 2: 12 hours
Due: Week 10
Weighting: 20%
This is an individual assignment which focuses on corporate financing using Excel spreadsheet.
Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: University Examination period
Weighting: 60%
The final examination will be a two-hour examination, to 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
Classes
3.5 hours of teaching per week consisting of
one 2 hour lecture (online) and
one 1.5 hour tutorial computer lab (practical). Tutorials begin in Week 2 **
** Note: the first tutorial (starting in week 2) will be conducted online even if the tutorial is said to be online or on campus. An announcement will be made to advise if on campus classes will continue to be online or back on campus from week 3 onwards. Please check ilearn on regular basis for updates.
Textbooks Prescribed Textbook
Additional Readings
Technology Used and Required
Unit Web Page
The web page for this unit can be found at: iLearn http://ilearn.mq.edu.au
Required Unit Materials and/or Recommended Readings
Passing the Unit
Students must obtain a mark of 50% to pass the unit. There are no other hurdle requirements for passing the unit.
Week |
Week beginning Monday |
Topic |
Book Chapter |
Assessment |
1 |
26-Jul |
Introduction to Business Organisations and Taxation |
Ch. 1 - 2 + additional material |
|
2 |
2-Aug |
Time Value of Money and Interest Rates |
Ch. 3 + additional material |
|
3 |
9-Aug |
Valuation of Multi-Payment Cash Flows |
Ch. 4 |
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4 |
16-Aug |
Risk and Return |
Ch. 5 |
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5 |
23-Aug |
Bond Valuation and the Structure of Interest Rates |
Ch. 6 + additional material |
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6 |
30-Aug |
Share Valuation |
Ch. 7 + additional material |
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7 |
6-Sep |
CLASS TEST (NO Lecture and Tutorial) |
|
CLASS TEST |
Recess |
13-Sep |
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|
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Recess |
20-Sep |
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|
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8 |
27-Sep |
The Fundamentals of Capital Budgeting |
Ch. 8 + additional material |
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9 |
4-Oct |
Cash Flows and Capital Budgeting |
Ch. 9 |
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10 |
11-Oct |
Evaluation Project Economics and Capital Rationing |
Ch. 10 |
ASSIGNMENT DUE |
11 |
18-Oct |
The Cost of Capital |
Ch. 11 |
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12 |
25-Oct |
Capital Structure Policy |
Ch. 14 |
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13 |
1-Nov |
Revision |
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Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
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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
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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.
This unit will introduce Adobe Creative Cloud Suite in Assignment to enhance student digital literacy. The term "digital literacy" means the ability to identify and use technology confidently, creatively and critically to meet the demands and challenges of life, learning and work in a digital society” (developingemployability.edu.au).