Foundations of Finance (FNCE90002)
Graduate courseworkPoints: 12.5On Campus (Parkville)
Overview
| Availability | Semester 2 |
|---|---|
| Fees | Look up fees |
This subject involves a study of the theoretical underpinnings of modern finance. Topics covered include choice under uncertainty, portfolio theory, asset pricing models, option pricing models, investment evaluation, corporate financial policy, agency theory.
Intended learning outcomes
On successful completion of this subject students should be able to:Understand consumption and investment decisions and the role of capital markets in these decisions
- Understand individual preferences and choices under uncertainty, including the axiomatic foundations of utility theory
- Understand how and when individual choices affect equilibrium prices; CAPM and variants
- Understand the concept of arbitrage and its implications for the value of investments in real and financial assets
- Apply the preceding to portfolio choices, financing choices, and other financial decisions facing investors and firms.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Oral communication
- Written communication
- Problem solving
- Statistical reasoning
- Application of theory to practice
- Interpretation and analysis
- Critical thinking
- Synthesis of data and other information
- Evaluation of data and other information
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Entry into the Master of Commerce (Finance)
Corequisites
None
Non-allowed subjects
None
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: 3 November 2022
Assessment
Additional details
- 1.5-hour mid-semester examination, scheduled during Weeks 6-8 (30%)
- 3-hour end-of-semester examination (50%)
- 2000 word assignment due Weeks 10-12 (20%)
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Qi Zeng Mode of delivery On Campus (Parkville) Contact hours Seminars or lectures and tutorials totalling 3 hours per week Total time commitment 170 hours Teaching period 23 July 2018 to 21 October 2018 Last self-enrol date 3 August 2018 Census date 31 August 2018 Last date to withdraw without fail 21 September 2018 Assessment period ends 16 November 2018 Semester 2 contact information
Qi Zeng
Email: qzeng@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Commerce (Decision, Risk and Financial Sciences) Course Master of Commerce (Finance) Course Master of Commerce (Accounting) - 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.
Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022