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Capstone Studies in Finance (FNCE90062)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This capstone subject is designed to put finance theory into practice and integrate a wide range of analytical skills developed by students enrolled in the Master of Management (Finance) and Master of Management (Accounting and Finance) programs. Working in groups, students will develop analyst reports on topics including firm valuation, capital structure, mergers and acquisitions, corporate governance, and other contemporary issues and present these for assessment using a range of relevant pedagogical approaches. Upon successful completion of this subject, students will be able to apply the tools, techniques and approaches typically required of financial analysts that support decision-making in corporate finance and investment management.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Identify through the use of case studies and other mediums financial problems and evaluate these problems from a holistic view having regard to all stakeholders.
- Synthesize and apply discipline specific knowledge from the compulsory subjects common to the Master of Management (Finance) courses to the identification, measurement, management and reporting of financial problems and solutions.
- Apply strategic approaches to the resolution of financial problems confronting corporate entities, capital market participants and regulators.
- Develop research skills to assist in decision making and the formulation of valid and justifiable arguments to support suggested solutions to problems.
- Present high quality verbal and written presentations of a standard expected of industry practitioners.
- Develop skills related to working as part of a research team consistent with expectations of industry practitioners.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- The ability to recognize the implications for different parties (owners, managers and finance intermediaries) of any one financial decision;
- Critical and evaluative thinking in relation to conflicts between different classes of owners of a firm, between the owners and managers of the firm, and between the suppliers of financial capital and the suppliers of human capital to the firm;
- Negotiation skills through an understanding of the potentially very different importance placed by investors, managers and financial intermediaries on the various parts of a single financial problem (such as the maturity, interest rate and security of a new bond issue);
- Synthesis of data and other information through discussion of alternatives in financial decision making;
- Decision-making skills through making a single recommendation of the best choice in applied settings when the various parties affected by that decision do not share a set of common preferences; and
- Ethical thinking and work practice skills in financial decision making through the analysis of case studies and applied settings involving conflicts of interest between investors, managers and financial intermediaries.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into one of the following: MC-MGMTFIN Master of Management (Finance), MC-MGMTAFN Master of Management (Accounting and Finance)
AND
Completion of all foundation subjects and compulsory subjects plus at least one elective subject
AND
Note: the following subject/s can also be taken concurrently (at the same time)
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE90011 | Derivative Securities |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
Non-allowed subjects
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Mid-semester test
| Week 6 | 20% |
Mid-semester test
| Week 10 | 20% |
Group presentation of final report scheduled during the final meeting
| Week 12 | 20% |
Group written report. (Due 10 days after presentation)
| End of semester | 40% |
Last updated: 31 January 2024
Dates & times
- Semester 1
Principal coordinator Attila Balogh Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture per week Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 - Semester 2
Principal coordinator Zhen Shi Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture per week Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024
Time commitment details
Estimated total time commitment of 170 hours per semester
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
Rosenbaum, J. and J Pearl (2013). Investment Banking: Valuation, Leveraged Buyouts and Mergers and Acquisitions, 2nd edition, New York: Wiley-Finance.
OR
Rosenbaum, J. and J Pearl (2020). Investment Banking: Valuation, Leveraged Buyouts and Mergers and Acquisitions, 3rd edition, New York: Wiley-Finance.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Management (Accounting and Finance) Course Master of Management (Finance) - 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: 31 January 2024