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Principles of Finance (FNCE90019)
Graduate courseworkPoints: 12.5Not available in 2018
Overview
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This subject covers portfolio analysis and financial management. Topics include: return and risk, portfolio theory, asset pricing models, market efficiency, capital budgeting, cost of capital, dividend policy and capital structure.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain the nature of debt and equity capital;
- Critically evaluate the impact of financing decisions and capital structure on the value of the firm;
- Analyse capital budgeting proposals;
- Critically evaluate alternative methods of appraising projects;
- Critically evaluate the impact of alternative dividend policies on the value of the firm;
- Explain the impact of taxation and other market imperfections on the value of the firm;
- Discuss core concepts in finance, including risk, return, risk premium and risk aversion;
- Examine the portfolio selection problem, with emphasis on the mean variance framework;
- Develop techniques to evaluate the performance of money managers;
- Critically evaluate theories of asset pricing and their applications in the pricing of securities.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
This subject is only available to those students who would satisfy the entry criteria for the Master of Applied Finance or the Postgraduate Certificate in Applied 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
- 3-hour end-of-semester examination (60%)
- Assignments totalling not more than 2000 words (20%)
- Mid-semester examination (20%)
Last updated: 3 November 2022
Dates & times
Not available in 2018
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- 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.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022