Corporate Financial Policy (FNCE90018)
Graduate courseworkPoints: 12.5On Campus (Parkville)
Overview
| Availability | Semester 1 Semester 2 |
|---|---|
| Fees | Look up fees |
This subject provides an extended analysis of capital budgeting, capital structure, dividend policy and corporate risk management. Topics include the effect of the dividend imputation system of taxation on dividend policy, capital structure and capital budgeting; a comprehensive analysis of corporate structure and capital budgeting; a comprehensive analysis of corporate acquisitions and restructuring; a detailed examination of alternative funding mechanisms including leases; and a discussion of current issues in Australia corporate finance.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Recognise the issues pertinent to a firm in making decisions about dividend policy;
- Analyse leasing as a funding alternative;
- Explain the funding alternatives available to firms;
- Discuss the impact of taxes, bankruptcy costs, agency costs and information asymmetries upon the funding decision;
- Apply complex techniques to capital budgeting decisions in order to account for projects with different lives;
- Evaluate the economic consequences of takeover activity.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Oral communication
- Written communication
- Collaborative learning
- Problem solving
- Team work
- Statistical reasoning
- Application of theory to practice
- Interpretation and analysis
- Critical thinking
- Synthesis of data and other information
- Evaluation of data and other information
- Using computer software
- Accessing data and other information from a range of sources
Last updated: 4 March 2025
Eligibility and requirements
Prerequisites
Students must meet one of the following prerequisite options:
Option 1
Admission into one of the following:
- Admission into or selection of one of the following:
- MC-MGMTAFN Master of Management (Accounting and Finance)
- 150pt Program course entry point in the MC-MGMTFIN Master of Management (Finance)
Option 2
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| FNCE90060 | Financial Management |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
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: 4 March 2025
Assessment
| Description | Timing | Percentage |
|---|---|---|
Individual Assignment
| During the teaching period | 15% |
Mid-term test
| From Week 7 to Week 9 | 25% |
End-of-semester examination.
| During the examination period | 60% |
Last updated: 4 March 2025
Dates & times
- Semester 1
Principal coordinator Gil Aharoni Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture per week Total time commitment 170 hours Teaching period 3 March 2025 to 1 June 2025 Last self-enrol date 14 March 2025 Census date 31 March 2025 Last date to withdraw without fail 9 May 2025 Assessment period ends 27 June 2025 - Semester 2
Principal coordinator Xiaoting Wei Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture per week Total time commitment 170 hours Teaching period 28 July 2025 to 26 October 2025 Last self-enrol date 8 August 2025 Census date 1 September 2025 Last date to withdraw without fail 26 September 2025 Assessment period ends 21 November 2025
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: 4 March 2025
Further information
- Texts
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Management (Finance) Course Master of Management (Accounting and Finance) - 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.
Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants
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
Last updated: 4 March 2025