books-library-folders

Area/Catalogue
BANK 2005

graduate-cap

Course Level
Undergraduate

globe-earth-geography

Offered Externally
Yes

Note: This offering may or may not be scheduled in every study period. Please refer to the timetable for further details.

diploma-certificate-graduate-degree

Course ID
011647

pie-chart-graph

Unit Value
4.5

compass

University-wide elective course
No

Course owner

Course owner
School of Commerce

Course aim

To provide students with clear understanding, at a basic level, of the decisions taken by firms when raising finance and when undertaking investments. To highlight the interaction between firms and the international economy via the financial market place.

Course content

The international financial environment and the role of finance in business: financial objectives of firms, agency costs, efficient markets; mathematics for business, cash flow, time value of money; share price information and price earnings ratios. Investment evaluation: net present value and other criteria; risk and uncertainty in capital investment decisions, evaluation of international operations, integration of cross cultural norms. Capital structure and cost of capital: intermediate and long term funding; debt valuation; equity models, dividend valuation, capital asset pricing model; weighted average cost of capital; theoretical debate on capital structure and the value of the firm.

Textbook(s)

Petty, JW et al 2012, Financial Management: Principles and Applications, 6th edn, Pearson Australia, Frenchs Forest, NSW

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number Course Name
ACCT 1008 Accounting for Business

Students who are required to study BANK 2007 Business Finance in their degree must NOT enrol in BANK 2005 Finance and Investment without approval from their program director.

Corequisite(s)

Nil

Teaching method

Component Duration
INTERNAL, CITY WEST
Lecture 2 hours x 13 weeks
Tutorial 1.5 hours x 12 weeks
INTERNAL, MT GAMBIER
Lecture 2 hours x 13 weeks
Tutorial 1.5 hours x 12 weeks
INTERNAL, WHYALLA
Lecture 2 hours x 13 weeks
Tutorial 1.5 hours x 12 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External x 13 weeks
INTERNAL, OFFSHORE, HONG KONG BAPTIST UNIVERSITY
Lecture 2.5 hours x 8 days
Tutorial 10 hours x across 14 weeks
INTERNAL, OFFSHORE, TAYLOR'S BUSINESS SCHOOL
Lecture 2 hours x 14 weeks
Tutorial 2 hours x 13 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.


Assessment

Assignment 1 - Quantitative Assignment, Assignment 2 - Quantitative Assignment, Examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
How to determine your Commonwealth Supported course fee. (Opens new window)

Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.

Course Coordinators

Checking your eligibility