buo5mfn management finance

MANAGEMENT FINANCE

BUO5MFN

2016

Credit points: 15

Subject outline

This subject is designed to provide students with knowledge and skills in financial management. The central theme deals with advanced understanding of the basics of internal financial management, and how financial policy affects risk and profitability in the growth of a firm, and hence the value of the firm. Students consider the management finance subject, potentially its goal of maximization of the value of the firm through management of three key decision areas, being, valuation, financing and dividend payout. In turn, this requires a consideration of the requisite debt and equity financing, and the need for efficient management of working capital to ensure adequate liquidity and timely cash flows

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorDarren Henry

Available to Study Abroad StudentsNo

Subject year levelYear Level 5 - Masters

Exchange StudentsNo

Subject particulars

Subject rules

Prerequisites students must be enrolled in LMMBAO, LMMBA or LMMBAA to do this subject

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjects BUA5MFN

Special conditionsN/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsManagement FinancePrescribedBrighamand Houston (original authors) - Compiled by K. B. Oh1st EDITION, Cengage Learning

Graduate capabilities & intended learning outcomes

01. Students will be able to explain how financial theory can be applied pricing risky assets, to demonstrate knowledge on know how to choose and compute an appropriate cost of capital estimate for investment appraisal purposes and to appreciate the issues in making decisions on dividend policy and capital structure.

Activities:
Case studies and spreadsheet modelling for solving financial problems. Cyberproblem solving where students are required to go to specific websites and answer a series of questions.
Related graduate capabilities and elements:
Information Literacy(Information Literacy)
Critical Thinking(Critical Thinking)
Inquiry/ Research(Inquiry/ Research)
Creative Problem-solving(Creative Problem-solving)

02. Students will become familiar with the practical aspects of management finance and demonstrate competence in applying the fundamental principles of financial mathematics to investment, financing and capital structure decisions

Activities:
Case study analysis, problem identification, problem solving and communication of results and solutions class presentations and discussions
Related graduate capabilities and elements:
Creative Problem-solving(Creative Problem-solving)
Critical Thinking(Critical Thinking)
Information Literacy(Information Literacy)
Speaking(Speaking)
Inquiry/ Research(Inquiry/ Research)
Writing(Writing)

03. Students will demonstrate advanced collective problem solving skills through thought and knowledge sharing based on financial theory and pratice and demonstrate an understanding the need to make timely and accurate financial decisions

Activities:
A major group research assignment, combining theory and practical applications, in which students are required appreciate the financial health of a corporation through the need to understand and respond to changing internal and external economic conditions
Related graduate capabilities and elements:
Creative Problem-solving(Creative Problem-solving)
Inquiry/ Research(Inquiry/ Research)
Information Literacy(Information Literacy)
Critical Thinking(Critical Thinking)

04. Students will demonstrate knowledge of management finance theory, concepts ad models and demonstrate capability to analyse the issues involved in valuation, financing and dividend policy decisions.

Activities:
Mini case studies and problem solving to introduce and reinforce financial modelling for all topics in the course.
Related graduate capabilities and elements:
Creative Problem-solving(Creative Problem-solving)
Inquiry/ Research(Inquiry/ Research)
Critical Thinking(Critical Thinking)

05. Students will demonstrate skills to interpret and communicate financial information effectively

Activities:
Readings, problem solving and case study analysis to connect corporate finance with other functional fields (marketing, accounting and human resource management) in an organisation
Related graduate capabilities and elements:
Writing(Writing)
Critical Thinking(Critical Thinking)
Speaking(Speaking)
Information Literacy(Information Literacy)
Inquiry/ Research(Inquiry/ Research)

Subject options

Select to view your study options…

Start date between: and    Key dates

Online, 2016, Teaching Session 2, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSusan Keller

Class requirements

Collaborative Based Learning
Three 1.0 hours collaborative based learning per week and delivered via online.
"Access via subject website; additional online facilitated discussions will also occur for this subject. Please refer to subject learning guide."

Assessments

Assessment elementComments%ILO*
4 x mini case studies (10% each)4001, 02, 04, 05
2 x online quizzes (10% each)2001, 02, 03, 04, 05
Group research assignment (Proposal (5%); Presentation (5%) and Report (30%) (3000 words)4001, 02, 04, 05

Online, 2016, Teaching Session 6, Online

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorSusan Keller

Class requirements

Collaborative Based Learning
Three 1.0 hours collaborative based learning per week and delivered via online.
"Access via subject website; additional online facilitated discussions will also occur for this subject. Please refer to subject learning guide."

Assessments

Assessment elementComments%ILO*
4 x mini case studies (10% each)4001, 02, 04, 05
2 x online quizzes (10% each)2001, 02, 03, 04, 05
Group research assignment (Proposal (5%); Presentation (5%) and Report (30%) (3000 words)4001, 02, 04, 05