Unit convenor and teaching staff |
Unit convenor and teaching staff
Moderator
Catriona Lavermicocca
Peter Kavalamthara
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
ACCG926
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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 focuses on key aspects of the financial management of an organisation, including an understanding of the roles and responsibilities of the Chief Financial Officer (CFO). A variety of readings, resources and case studies are used in this unit to develop an understanding of the key issues that a CFO operating in either the private or public sector will be required to address. Students will apply relevant knowledge and skills, and exercise professional judgement as expected of a CFO, in taking or recommending decisions relating to the financial management of an organisation.
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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:
Name | Weighting | Hurdle | Due |
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Assessed Coursework | 15% | No | Throughout |
Class Test | 15% | No | Week 8 |
Assignment | 20% | No | See iLearn |
Exam | 50% | No | See iLearn |
Due: Throughout
Weighting: 15%
Homework exercises form a critical part in the study process, as they serve to reinforce concepts that are covered in class or online. Students have often failed a unit as they do not follow a disciplined approach over the session. To this end, students will be required to attend seminars with their weekly homework. The teaching staff will check that these are satisfactorily attempted.
The teaching staff will assess weekly homework on six (6) occasions without prior notice. Marks are awarded for the original effort, completeness and evidence that corrections are made as appropriate.
The homework component will be worth 12%, with each submission counting for 2%. The remaining 3% will be based on the quality and frequency of the student's seminar participation. Students should be prepared to engage constructively in open discussions on relevant topical issues.
Type of Collaboration: Individual Submission: Please refer to iLearn Format: Please refer to iLearn Length: Please refer to iLearn Inherent Task Requirements: Please refer to iLearn Late Submission: 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.
Due: Week 8
Weighting: 15%
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.
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.
Due: See iLearn
Weighting: 20%
The purpose of the assignment is to allow students to put financial management concepts into practice in a real life setting and allow students to demonstrate their their knowledge on a group basis. The assignment should help students reflect on your learning and link concepts learned in the unit to professional practice. This is a formative assessment designed to prepare students for the final exam. Further details on the Assignment including the marking rubric for feedback are provided on the iLearn.
In addition to this 20% unit weighting, a further direct assessment on the assignment topics will be made as a part of the Final Examination. This assignment component in the Final Examination constitutes an overall 20% unit weighting.
Type of Collaboration: Group Submission: Online Format: Please refer to iLearn Length: Please refer to iLearn Inherent Task Requirements: Please refer to iLearn Late Submission:Extensions
No extensions will be granted. Late tasks will be accepted up to 72 hours after the submission deadline.
Penalties
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.
Due: See iLearn
Weighting: 50%
The exam is a summative assessment designed to let students demonstrate the knowledge and skills they have attained in the previous three assessments.
A closed book two and a half hour examination (with an additional reading time of 10 minutes) for this unit will be held at a time and place to be advised on iLearn. Further details about the final exam for this unit will be available in the final week of classes and also on the unit web page (iLearn).
Type of Collaboration: Individual Submission: In exam. Format: Please refer to iLearn Length: 2.5 hours Inherent Task Requirements: Please refer to iLearn Late Submission: 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.
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Week | Topics |
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1
2
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The role and responsibility of the Chief Financial Officer.
Investing, financing and dividend decisions.
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3
4
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International operations - international investment appraisal, financing and dividend decisions.
Option pricing.
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5
6
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The weighted average cost of capital (WACC), risk adjusted WACC and adjusted present value.
Corporate failure and reconstruction.
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7
8
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An introduction to risk management.
Hedging foreign exchange risk. Class Test |
9
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Hedging interest rate risk.
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10
11
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Strategic aspects of acquisitions.
Business valuation.
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12
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Topical issues in financial management.
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13
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Revision
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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:
Undergraduate 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 improve your marks and take control of your study.
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.
Our postgraduates will demonstrate a high standard of discernment and common sense in their professional and personal judgment. They will have the ability to make informed choices and decisions that reflect both the nature of their professional work and their personal perspectives.
This graduate capability is supported by:
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be ethically aware and capable of confident transformative action in relation to their professional responsibilities and the wider community. They will have a sense of connectedness with others and country and have a sense of mutual obligation. They will be able to appreciate the impact of their professional roles for social justice and inclusion related to national and global issues
This graduate capability is supported by:
Apart from the updated publisher's resources, there is no significant change.
This unit addresses global and sustainability issues as direct areas of study and as necessary implications arising from the materials, assessment and academic discussion and debate in classes/seminars. We promote sustainability by developing ability in students to research and locate information within accounting discipline. We aim to provide students with an opportunity to obtain skills which will benefit them throughout their career.