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Principles of Finance (FNCE10002)
Undergraduate level 1Points: 12.5Dual-Delivery (Parkville) and Online
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Summer Term
Howard Chan chanhw@unimelb.edu.au
Semester 1
Asjeet S. Lamba asjeet@unimelb.edu.au
Semester 2
Sean Pinder spinder@unimelb.edu.au
Overview
Availability(Quotas apply) | Summer Term - Online Semester 1 - Dual-Delivery Semester 2 - Dual-Delivery |
---|---|
Fees | Look up fees |
This subject introduces students to the key concepts of finance. Topics include: time-value-of-money, risk and return, present value, capital budgeting, diversification, asset allocation, capital asset pricing model, leverage, risk management and the types and sources of financing. This subject is the first in the sequence of finance subjects offered within the faculty and has a coverage and treatment of material which is suitable not only for students wishing to pursue further studies in finance but also for students from other disciplines who are interested in a single course in finance.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Use financial mathematics to solve basic financial problems
- Apply alternative capital budgeting techniques for project evaluation purposes
- Explain the role of risk and return in the asset allocation decision and the pricing of risky assets
- Distinguish between the different sources of financing including short term debt, long term debt and equity
- Discuss the issues and choices involved in a firm’s capital structure decision
- Discuss the issues and choices involved in a firm’s distribution decision
- Explain how options can be used to manage basic financial risks
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- High level of development: problem solving; interpretation and analysis; critical thinking.
- 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.
- Some level of development: team work; use of computer software.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
A study score of at least 25 in Mathematical Methods in VCE Units 3 and 4, or equivalent
OR
Admission into one of the following:
- B-COM Bachelor of Commerce
- B-SCI Bachelor of Science
OR
Code | Name | Teaching period | Credit Points |
---|---|---|---|
MAST10012 | Introduction to Mathematics | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
FNCE20001 Business 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: 11 April 2024
Assessment
Semester 1
Description | Timing | Percentage |
---|---|---|
One individual homework assignment (to be assessed online)
| From Week 4 to Week 6 | 15% |
Mid-semester Test
| Mid semester | 25% |
End-of-semester Examination
| During the examination period | 60% |
Semester 2
Description | Timing | Percentage |
---|---|---|
One individual homework assignment (to be assessed online)
| From Week 4 to Week 6 | 15% |
Mid-semester Test
| Mid semester | 25% |
End-of-semester Examination
| During the examination period | 60% |
Summer Term
Description | Timing | Percentage |
---|---|---|
Mid-semester Test
| Mid semester | 20% |
End-of-semester Examination
| During the examination period | 80% |
Last updated: 11 April 2024
Quotas apply to this subject
Dates & times
- Summer Term - Online
Principal coordinator Howard Chan Mode of delivery Online Contact hours 6 hours of lectures per week, 3 hours of tutorials per week Total time commitment 170 hours Teaching period 4 January 2021 to 7 February 2021 Last self-enrol date 11 January 2021 Census date 22 January 2021 Last date to withdraw without fail 5 February 2021 Assessment period ends 22 February 2021 Summer Term contact information
Howard Chan chanhw@unimelb.edu.au
- Semester 1 - Dual-Delivery
Principal coordinator Asjeet S. Lamba Mode of delivery Dual-Delivery (Parkville) Contact hours Semesters 1 & 2: two hours of lecture and one hour of tutorial per week. Summer Semester: 24 hours of lectures and 12 hours of tutorials. Total time commitment 170 hours Teaching period 1 March 2021 to 30 May 2021 Last self-enrol date 8 March 2021 Census date 31 March 2021 Last date to withdraw without fail 7 May 2021 Assessment period ends 25 June 2021 Semester 1 contact information
Asjeet S. Lamba asjeet@unimelb.edu.au
- Semester 2 - Dual-Delivery
Principal coordinator Sean Pinder Mode of delivery Dual-Delivery (Parkville) Contact hours Semesters 1 & 2: two hours of lecture and one hour of tutorial per week. Summer Semester: 24 hours of lectures and 12 hours of tutorials. Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021 Semester 2 contact information
Sean Pinder spinder@unimelb.edu.au
Time commitment details
170 hours
Additional delivery details
Please note that this subject has an enrolment quota for Semester 1 and Semester 2:
- 1900 places only.
- Initial self-enrolment will be provisional, places will not be guaranteed until the selection process has been run.
- Students will be selected into the subject on a first-come, first-served basis with preference given to students undertaking the subject as a compulsory subject in their degree or a core subject in their major.
- Students taking the subject as breadth may be withdrawn and should consider enrolling in the subject in a subsequent semester instead.
- Students will only be contacted if they have not been selected to complete the subject.
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
Students will be informed about prescribed or recommended texts for this subject via the LMS.
Recommended texts and other resources
Students will be informed about prescribed or recommended texts for this subject via the LMS.
- Related Handbook entries
This subject contributes to the following:
Type Name Breadth Track Ethics and Investing Breadth Track Economics and Finance Breadth Track Fundamentals of Finance and Accounting Breadth Track Real Estate and the Australian Dream Breadth Track Your Money or Your Life - 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 (Production)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- 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