Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Damian Bridge
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
40cp at 1000 level or above including ACCG1000 and ( STAT1250 or STAT1170 or STAT1371) and ACST1001 and ECON1020
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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 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:
Late Assessment Submission Penalty (written assessments)
Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.
For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance assessments/presentations, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration.
Special consideration
For the Mid Session Test, where special consideration is applied for and approved, students will be given a verbal examination by two members of staff.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Quizzes | 20% | No | See ilearn for details |
Mid Session Test | 30% | No | Week 6 |
Final Examination | 50% | No | During formal examination period |
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 10 hours
Due: See ilearn for details
Weighting: 20%
There will be up to 10 quizzes held during the session.
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: Week 6
Weighting: 30%
A one hour mid session test will be held during the session.
Assessment Type 1: Examination
Indicative Time on Task 2: 25 hours
Due: During formal examination period
Weighting: 50%
A two hour 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
The textbook will assist you in the weekly quizzes. Detailed textbook requirements are available on iLearn.
Required Textbook (source for weekly tutorial questions):
or
Recommended Textbooks:
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 |
19 February |
Introduction to Financial Management and Risk & Return |
1 & 7 |
2 |
26 February |
Cash Flows & Capital Budgeting |
11 |
3 |
4 March |
Evaluating Project Economics and Capital Rationing |
12 |
4 |
11 March |
The Cost of Capital |
13 |
5 |
18 March |
Working Capital Management |
14 |
6 |
25 March |
Mid Semester Exam |
|
7 |
1 April |
Capital Structure Policy |
16 |
8 |
8 April |
Dividends & Dividend Policy |
17 |
9 |
29 April |
Business Formation Growth & Valuation Strategic Financial Planning & Forecasting |
18 & 19 |
10 |
6 May |
Options and Corporate Finance |
Ch. 20 & Ch.20 (Ross) |
11 |
13 May |
International Financial Management |
Ch 21 & Ch. 5 (Eitman) |
12 |
20 May |
Trade Finance |
Ch. 20 (Eun) |
13 |
27 May |
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.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/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 connect.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.
The Library provides online and face to face support to help you find and use relevant information resources.
Macquarie University offers a range of Student Support Services including:
Got a question? Ask us via the Service Connect Portal, or contact Service Connect.
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Final Exam decreased from 60% to 50%
Mid Semester Exam increased from 20% to 30%
Unit information based on version 2024.03 of the Handbook