FINANCIAL MANAGEMENT

FIN5FMA

2018

Credit points: 15

Subject outline

This subject is focused on introducing you to the key goals and decision-making responsibilities of businesses and corporations. You will develop a thorough and advanced knowledge of the short and long term investment and financing decisions of a firm, including project evaluation and capital budgeting decisions; leasing, replacement and real option modelling; the relative merits of debt, equity, hybrid and derivative forms of capital and evaluation of the capital raising process; theoretical and practical decision-making relating to corporate capital structure and dividend policy decisions; the effect of leverage, taxes and other imperfections on the cost of capital and the value of the firm; and working capital and asset management. Related, and extension, topics that may also be considered include mergers and acquisitions, corporate restructuring and corporate governance applications.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorAngela Lou

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions Core: Postgraduate Accounting and Finance courses

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsFinancial management : theory and practice, 13th Ed.RecommendedEugene F. Brigham & Michael C. Ehrhardt, 2011South western Cengage learning
ReadingsFinancial management : principles and applications, 6th Ed.Recommended J. William Petty, 2012Pearson publishing

Graduate capabilities & intended learning outcomes

01. Critically evaluate and analyse the suitability of specific corporate decision-making and transactions for firms and their impact in firm valuation and shareholder wealth.

Activities:
Research project, examination
Related graduate capabilities and elements:
Critical Thinking

02. Demonstrate comprehension of the accounting, financial and economic theory on which corporate decision-making processes and the concept of firm valuation are founded.

Activities:
Lecture participation, tutorial class work, essay task, examination
Related graduate capabilities and elements:
Writing

03. Employ practical and quantitative skills to manage the debt and equity capital of a firm, and to value these capital components and the overall firm in this context.

Activities:
Tutorial class work, research project, examination
Related graduate capabilities and elements:
Inquiry/ Research

04. Demonstrate understanding of the operating and financial structures of business organisations and how these impact on the performance and valuation of these organisations.

Activities:
Lecture participation, tutorial class work and assessment tasks
Related graduate capabilities and elements:
Inquiry/ Research

05. Structure and present an argument to a decision-making body (such as a CEO or Board of directors) recommending a specific corporate transaction or a restructuring or strategy action

Activities:
Research project, examination
Related graduate capabilities and elements:
Writing
Inquiry/ Research
Critical Thinking

Subject options

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Start date between: and    Key dates

Melbourne, 2018, Semester 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAngela Lou

Class requirements

Tutorial Week: 10 - 22
One 1.0 hours tutorial other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Lecture Week: 10 - 22
One 2.0 hours lecture other recurrence on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group assignment (3500 words equivalent group work)Group work, 1500 equivalent words per student15 02, 04
One 3-hour final examinationMCQ questions plus problem solving60 02, 03
One 1.5 hour midterm examinationMCQ questions plus problem solving25 01, 05

Melbourne, 2018, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAngela Lou

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group assignment (3500 words equivalent group work)Group work, 1500 equivalent words per student15 02, 04
One 3-hour final examinationMCQ questions plus problem solving60 02, 03
One 1.5 hour midterm examinationMCQ questions plus problem solving25 01, 05

Sydney, 2018, Study Period 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAngela Lou

Class requirements

Tutorial Week: 31 - 42
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

Lecture Week: 31 - 42
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group assignment (3500 words equivalent group work)Group work, 1500 equivalent words per student15 02, 04
One 3-hour final examinationMCQ questions plus problem solving60 02, 03
One 1.5 hour midterm examinationMCQ questions plus problem solving25 01, 05

Sydney, 2018, Study Period 3, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAngela Lou

Class requirements

Tutorial Week: 46
One 1.0 hours tutorial per week on weekdays during the day in week 46 and delivered via face-to-face.

Lecture Week: 46
One 2.0 hours lecture per week on weekdays during the day in week 46 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group assignment (3500 words equivalent group work)Group work, 1500 equivalent words per student15 02, 04
One 3-hour final examinationMCQ questions plus problem solving60 02, 03
One 1.5 hour midterm examinationMCQ questions plus problem solving25 01, 05

Sydney, 2018, Study Period 1, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorAngela Lou

Class requirements

Tutorial Week: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Lecture Week: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Group assignment (3500 words equivalent group work)Group work, 1500 equivalent words per student15 02, 04
One 3-hour final examinationMCQ questions plus problem solving60 02, 03
One 1.5 hour midterm examinationMCQ questions plus problem solving25 01, 05