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Principles of Finance (FNCE10002)
Undergraduate level 1Points: 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
Summer Term
Email: rlbrown@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 Semester 1 Semester 2 |
|---|---|
| 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 (On Campus - 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 |
|---|---|---|
Four short sets of peer-review tasks (750 words equivalent)
| Throughout the teaching period | 15% |
Mid-semester Test
| Mid semester | 25% |
End-of-semester Examination
| During the examination period | 60% |
Semester 2
| Description | Timing | Percentage |
|---|---|---|
Four short sets of peer-review tasks (750 words equivalent)
| Throughout the teaching period | 15% |
Mid-semester Test
| Mid semester | 25% |
End-of-semester Examination
| During the examination period | 60% |
Summer Term
| Description | Timing | Percentage |
|---|---|---|
One individual homework assignment (to be assessed online)
| From Week 1 to Week 6 | 15% |
Mid-semester Test
| Mid semester | 25% |
End-of-semester Examination
| During the examination period | 60% |
Last updated: 11 April 2024
Quotas apply to this subject
Dates & times
- Summer Term
Principal coordinator Rob Brown Mode of delivery On Campus (Parkville) Contact hours 6 hours of lectures per week, 3 hours of tutorials per week Total time commitment 170 hours Teaching period 2 January 2024 to 11 February 2024 Last self-enrol date 8 January 2024 Census date 12 January 2024 Last date to withdraw without fail 2 February 2024 Assessment period ends 19 February 2024 Summer Term contact information
Email: rlbrown@unimelb.edu.au
- Semester 1
Principal coordinator Asjeet S. Lamba Mode of delivery On Campus (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 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 1 contact information
Asjeet S. Lamba: asjeet@unimelb.edu.au
- Semester 2
Principal coordinator Sean Pinder Mode of delivery On Campus (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 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 Semester 2 contact information
Sean Pinder: spinder@unimelb.edu.au
Time commitment details
170 hours
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.
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 Economics and Finance Breadth Track Fundamentals of Finance and Accounting Breadth Track Ethics and Investing 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.
- 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: 11 April 2024