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 Business Finance - ATAX0057
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Faculty: Faculty of Law
 
   
 
Course Outline: See below
 
 
Campus: ATAX Campus
 
 
Career: Undergraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.125 (more info)
 
 
Contact Hours per Week: 0
 
 
Enrolment Requirements:
 
 
Prerequisite: ATAX0003, ATAX0010, ATAX0058
 
 
Fee Band: 2 (more info)
 
 
Further Information: See Class Timetable
 
  

Description

Business Finance is an introductory course in financial management designed to meet the professional requirements of Australian accounting bodies and other objectives. It stresses the modern fundamentals of corporate financial decision making with special reference to investment, financing and dividend distribution decisions. Specific topics to be covered include: financial mathematics, security valuation, techniques for capital investment decisions, financial decision making under uncertainty , corporate capital structure, cost of capital, and dividend decision and policy. As students undertaking this course already will have acquired substantial tax knowledge, the course allows a student to analyse the tax effects more deeply than a traditional undergraduate Business Finance course would dare. This tax analysis makes this a more practical than a normal introductory finance course. While the course can be taken as a terminating unit, its contents form the foundation for advanced studies in banking and finance such as funds management, international finance, banking, risk and insurance, electronic security trading, investment banking, electronic commerce, options and futures and derivatives. As the field of banking and finance is rapidly expanding, the foundation knowledge gained from this course opens up opportunities for further studies and/or employment in the domestic and global financial markets.


Course Objectives

This course seeks to develop students' skills and knowledge in the following areas of financial management:
  • consumption and investment decision under certainty
  • valuation of corporate securities
  • capital budgeting under certainty and uncertainty
  • concept of risk
  • portfolio theory
  • capital asset pricing theory
  • cost of capital
  • corporate capital structure decision.

Modes of Delivery

Flexible Learning

Assessment

Assignment 1 30%
WebCT Quizzes 20%
Final Examination Closed book 50%

Pass Requirements

  • 50 per cent or more of the total marks available in the course and
  • at least 40 per cent of the marks available for the final examination in the course.

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.