This unit (BAO5534) introduces students to the theory and application of business finance. With the emphasis on publicly listed companies, topics covered include; the corporate objective of management; investment evaluation models; valuation of equity and debt instruments; issues in risk and return; portfolio theory; asset pricing models; cost of capital, issues in capital structure and ethics in business finance. The unit provides students with the necessary knowledge and skills in enabling business financial decision making to maximise firm's value.

Unit details

Study level:
Postgraduate
Credit points:
12
Unit code:
BAO5534

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Critically evaluate and adapt finance, accounting and economic theories, frameworks and methods to make sound business finance decisions;  
  2. Articulate firm's long-term investments and financing decisions and recommend appropriate actions to enhance the owners wealth;  
  3. Contextualise the implications of a firm's business finance decisions/strategies for a range of stakeholders in view of the firm's sustainability considerations;  
  4. Appraise the importance of ethics and social responsibility awareness in business finance; and  
  5. Compose and articulate findings and make recommendations to assist in financial decision-making throughout the corporate cycle.  

Assessment

Assessment type Description Grade
Test 2x online tests based on problem based scenarios (10% +10%) 20%
Case Study Group case study analysis on financial decision making 30%
Test In class final test based on small case studies 50%

Required reading

Principles of Managerial Finance (15th ed., Global Edition).
Zutter, C. J., & Smart, S. B. (2019).
Harlow, England: Pearson.

Where to next?

As part of a course

This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

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