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Business Finance (FNCE20001)
Undergraduate level 2Points: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Summer Term |
---|---|
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 1 (On Campus - Parkville)
Semester 2 (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 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MAST10021 | Calculus 2: Advanced | Semester 2 (On Campus - Parkville) |
12.5 |
MAST10007 | Linear Algebra |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
MAST10022 | Linear Algebra: Advanced | Semester 1 (On Campus - Parkville) |
12.5 |
MAST10011 | Experimental Design and Data Analysis |
Semester 1 (On Campus - Parkville)
Semester 2 (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 |
Semester 1 (On Campus - Parkville)
Summer Term (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
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Mid-semester test | Mid semester | 20% |
End-of-semester examination
| During the examination period | 80% |
Last updated: 11 April 2024
Dates & times
- Summer Term
Principal coordinator Robert Carey Mode of delivery On Campus (Parkville) Contact hours Summer Semester: Twenty-four hours of lectures and twelve hours of tutorials Teaching period 6 January 2020 to 14 February 2020 Last self-enrol date 14 January 2020 Census date 17 January 2020 Last date to withdraw without fail 7 February 2020 Assessment period ends 24 February 2020
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
Your lecturer will provide you with teaching notes.
Recommended texts and other resources
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 Your Money or Your Life Breadth Track Fundamentals of Finance and Accounting Breadth Track Economics and Finance Breadth Track Ethics and Investing Breadth Track Real Estate and the Australian Dream - Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
Last updated: 11 April 2024