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Financial Management (FNCE90060)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Semester 1
Ali Akyol
Email: aakyol@unimelb.edu.au
Semester 2
Dr Bryan Lim
Email: blim@unimelb.edu.au
Semester 2
Semester 1
Ali Akyol
Email: aakyol@unimelb.edu.au
Semester 2
Dr Bryan Lim
Email: blim@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
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Fees | Look up fees |
This subject is designed to equip students with the tools necessary to enable them to make the core decisions faced by managers and investors. The first part of the subject deals with establishing the environment in which organizations operate, namely the objectives of the suppliers of financial and human capital. The subject then considers the basic tools commonly employed by financial managers and investors including discounted cash flow techniques and financial mathematics. Measures and definitions of alternative forms of risk are considered and the relation between risk and expected reward in capital markets is established. Finally, the subject considers the important decisions faced by firms (such as investment, financing and dividend policy) and by investors (the composition of their optimal portfolio of stocks).
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Analyse the environment in which organizations operate, namely the objectives of suppliers of financial and human capital;
- Apply basic financial mathematical techniques;
- Recognise the fundamentals of capital budgeting; the foundation for the use discounted cash flow techniques and the contribution of alternative methods of project evaluation;
- Explain the benefits of diversification and the main drivers of those benefits;
- Differentiate between alternative forms of risk and understand the link between risk and return in a competitive market;
- Describe the nature of leverage and the constraints borrowers face in its use;
- Evaluate the alternatives available to a firm when deciding how to distribute its profits;
- Analyse hedging decisions and their effect on investor and/or manager utility; and
- Understand the costs and incentive effects of alternate executive compensation packages.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- An in-depth knowledge of capital markets through an interpretation and analysis of the environments in which these markets operate;
- Critical and evaluative thinking in relation to alternate forms of risk;
- Communication skills which will be developed through an engagement with business press reporting;
- Problem solving skills through discussion of decisions in relation to optimal debt levels for firms; optimal investment decision and optimal dividend policy;
- Synthesis of data and other information through discussion of alternatives in financial decision making;
- Evaluation of data and other information through differentiation of forms of risk;
- Interpersonal and decision-making skills and receptiveness to alternative ideas through tutorial and team work/collaborative exercises; and
- Ethical thinking and work practice skills in financial decision making through case studies.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE90065 | Fundamentals of Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
This subject is not available to students enrolled in MC-MGMTAFN Master of Management (Accounting and Finance).
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
SEMESTERS 1 & 2
- Two 750 word group (normally 3-4 students per group) homework assignments to be assessed online via the LMS [total 1500 words]. Due Weeks 5 to 7 and Weeks 9 to 11 (20% = 2 x 10%)
- A 1-hour mid-semester exam. Due mid-semester (20%)
- A 2-hour end-of-semester examination. Due end-of-semester (60%)
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Ali Akyol Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture per week Total time commitment 170 hours 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 Semester 1 contact information
Semester 1
Ali Akyol
Email: aakyol@unimelb.edu.au
Semester 2
Dr Bryan Lim
Email: blim@unimelb.edu.au
- Semester 2
Principal coordinator Bryan Lim Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture 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
Semester 1
Ali Akyol
Email: aakyol@unimelb.edu.au
Semester 2
Dr Bryan Lim
Email: blim@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Energy Systems Course Master of Property Course Master of Engineering Management Course Master of Management (Accounting) Course Master of Management (Marketing) Course Master of International Business Course Master of Management (Finance) Course Master of Management Course Master of Information Systems Course Master of Information Systems Course Master of Management (Finance) Course Master of Management (Human Resources) Informal specialisation 150 Point Master of Management (Accounting) Informal specialisation 150 Point Master of Management (Finance) Major 300 point Master of Property Major MIS Professional Specialisation - 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