Students

AFIN7008 – Corporate Finance

2024 – Session 1, In person-scheduled-weekday, North Ryde

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Andrew Lepone
Credit points Credit points
10
Prerequisites Prerequisites
Admission to MRes
Corequisites Corequisites
Co-badged status Co-badged status
AFIN8008
Unit description Unit description
The objective of this unit is to explore the theory and application of corporate finance issues at an advanced level, and to equip students with the required depth of knowledge and skill expected of a professional. Following a brief revision of basic financial concepts covered in earlier finance courses, the unit investigates the more complicated theoretical issues and analytical techniques in corporate finance. In particular, a critical approach is adopted which involves identifying the assumptions and limitations of these techniques when applied to the real world. Students are encouraged to understand that often the best method is a matter of debate, and that they must choose a method from a group of methods all of which have various limitations. This critical approach is reinforced by examining a number of real life corporate finance projects.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Apply investment and financing concepts to business decisions.
  • ULO2: Evaluate cost of capital, project risks and the financial viability of projects.
  • ULO3: Assess the effect of capital structure on value of firms and projects.
  • ULO4: Use options methodology to value business opportunities and firms.
  • ULO5: Critically appraise and review the contemporary literature in corporate finance.

Assessment Tasks

Name Weighting Hurdle Due
Final Examination 50% No Final Exam Period
Assignment 30% No 17 May 2024
Mid-Session Test 20% No Week 7, In Class

Final Examination

Assessment Type 1: Examination
Indicative Time on Task 2: 25 hours
Due: Final Exam Period
Weighting: 50%

 

A two hour exam will be held during the University Examination Period.

 


On successful completion you will be able to:
  • Apply investment and financing concepts to business decisions.
  • Evaluate cost of capital, project risks and the financial viability of projects.
  • Assess the effect of capital structure on value of firms and projects.
  • Use options methodology to value business opportunities and firms.

Assignment

Assessment Type 1: Report
Indicative Time on Task 2: 20 hours
Due: 17 May 2024
Weighting: 30%

 

The assignment will involve the analysis of a financial scenario or problem.

 


On successful completion you will be able to:
  • Apply investment and financing concepts to business decisions.
  • Evaluate cost of capital, project risks and the financial viability of projects.
  • Assess the effect of capital structure on value of firms and projects.
  • Use options methodology to value business opportunities and firms.
  • Critically appraise and review the contemporary literature in corporate finance.

Mid-Session Test

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 10 hours
Due: Week 7, In Class
Weighting: 20%

 

A mid session test will be held during the session.

 


On successful completion you will be able to:
  • Apply investment and financing concepts to business decisions.
  • Evaluate cost of capital, project risks and the financial viability of projects.
  • Assess the effect of capital structure on value of firms and projects.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

See iLearn for a detailed breakdown of topic schedule and readings

Policies and Procedures

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.

Student Code of Conduct

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

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

Academic Integrity

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.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

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. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via the Service Connect Portal, or contact Service Connect.

IT Help

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.


Unit information based on version 2024.02 of the Handbook