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Business Finance (FNCE20001)
Undergraduate level 2Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability | Summer Term Semester 1 |
---|---|
Fees | Look up fees |
Topics include basic institutional knowledge of the Australian finance sector and an introduction to the theory of pricing of risky assets, focusing on the Capital Asset Pricing Model; fundamentals of capital budgeting, including methods of allowing for inflation, and the treatment of risk; instruments of corporate funding; the theory and practice of capital structure and dividend policy decisions; and an introduction to complex financial instruments such as options and futures.
Intended learning outcomes
- Solve basic problems in financial mathematics.
- Discuss the basic theories underlying the pricing of risky assets;
- Comprehend the concepts of portfolio formation;
- Explain the fundamentals of capital budgeting, including the use of alternative criteria, allowing for inflation and the treatment of risk;
- Analyse the issues facing managers in decisions of capital structure and dividend policy;
- Use the features of financial derivatives to achieve particular financial outcomes.
Generic skills
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High level of development: problem solving; interpretation and analysis; critical thinking.
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Moderate level of development: oral communication; written communication; collaborative learning; statistical reasoning; application of theory to practice; synthesis of data and other information; evaluation of data and other information; accessing data and other information from a range of sources.
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Some level of development: team work; use of computer software.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
Either:
(1) FNCE10001 Finance 1 or
(2) An approved quantitative subject and an approved accounting subject.
Approved quantitative subjects are:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON10005 | Quantitative Methods 1 |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
MAST10008 | Accelerated Mathematics 1 | Semester 1 (On Campus - Parkville) |
12.5 |
MAST10009 | Accelerated Mathematics 2 | Semester 2 (On Campus - Parkville) |
12.5 |
MAST10005 | Calculus 1 |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
MAST10006 | Calculus 2 |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
MAST10007 | Linear Algebra |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MAST10011 | Experimental Design and Data Analysis |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
MAST10010 | Data Analysis 1 | Semester 2 (On Campus - Parkville) |
12.5 |
Approved accounting subjects are:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT10002 | Introductory Financial Accounting |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
Students are not permitted to gain credit for both FNCE20001 Business Finance and
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE10002 | Principles of Finance |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 11 April 2024
Assessment
Additional details
Semester 1:
- A 3-hour end-of semester examination (80%)
- A 1-hour mid-semester test (20%)
- To pass this subject students must pass the end of semester examination.
Summer Semester:
- A 3-hour end-of semester examination (80%)
- A mid-semester test (20%)
- To pass this subject students must pass the end of semester examination.
Last updated: 11 April 2024
Dates & times
- Summer Term
Principal coordinator Robert Carey Mode of delivery On Campus (Parkville) Contact hours Semester 1: Two 1-hour lectures and a 1-hour tutorial per week; Summer Semester: Twenty-four hours of lectures and twelve hours of tutorials Teaching period 8 January 2018 to 9 February 2018 Last self-enrol date 15 January 2018 Census date 19 January 2018 Last date to withdraw without fail 9 February 2018 Assessment period ends 23 February 2018 - Semester 1
Principal coordinator Robert Carey Mode of delivery On Campus (Parkville) Contact hours Semester 1: Two 1-hour lectures and a 1-hour tutorial per week; Summer Semester: Twenty-four hours of lectures and twelve hours of tutorials Teaching period 26 February 2018 to 27 May 2018 Last self-enrol date 9 March 2018 Census date 31 March 2018 Last date to withdraw without fail 4 May 2018 Assessment period ends 22 June 2018
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
Business Finance (G Peirson, R Brown, S Easton, P Howard and S Pinder), McGraw-Hill, (12th edn), 2014
- Related Handbook entries
This subject contributes to the following:
Type Name Breadth Track Fundamentals of Finance and Accounting Breadth Track Economics and Finance Breadth Track Ethics and Investing Breadth Track Your Money or Your Life Breadth Track Real Estate and the Australian Dream - Breadth options
This subject is available as breadth in the following courses:
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 11 April 2024