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Financial Management (FNCE90060)
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 subject is designed to equip students with the tools necessary to enable them to make the core decisions faced by managers and investors. The first part of the subject deals with establishing the environment in which organizations operate, namely the objectives of the suppliers of financial and human capital. The subject then considers the basic tools commonly employed by financial managers and investors including discounted cash flow techniques and financial mathematics. Measures and definitions of alternative forms of risk are considered and the relation between risk and expected reward in capital markets is established. Finally, the subject considers the important decisions faced by firms (such as investment, financing and dividend policy) and by investors (the composition of their optimal portfolio of stocks).
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Analyse the environment in which organizations operate, namely the objectives of suppliers of financial and human capital;
- Apply basic financial mathematical techniques;
- Recognise the fundamentals of capital budgeting; the foundation for the use discounted cash flow techniques and the contribution of alternative methods of project evaluation;
- Explain the benefits of diversification and the main drivers of those benefits;
- Differentiate between alternative forms of risk and understand the link between risk and return in a competitive market;
- Describe the nature of leverage and the constraints borrowers face in its use;
- Evaluate the alternatives available to a firm when deciding how to distribute its profits;
- Analyse hedging decisions and their effect on investor and/or manager utility; and
- Understand the costs and incentive effects of alternate executive compensation packages.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- An in-depth knowledge of capital markets through an interpretation and analysis of the environments in which these markets operate;
- Critical and evaluative thinking in relation to alternate forms of risk;
- Communication skills which will be developed through an engagement with business press reporting;
- Problem solving skills through discussion of decisions in relation to optimal debt levels for firms; optimal investment decision and optimal dividend policy;
- Synthesis of data and other information through discussion of alternatives in financial decision making;
- Evaluation of data and other information through differentiation of forms of risk;
- Interpersonal and decision-making skills and receptiveness to alternative ideas through tutorial and team work/collaborative exercises; and
- Ethical thinking and work practice skills in financial decision making through case studies.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE90065 | Fundamentals of Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
This subject is not available to students enrolled in MC-MGMTAFN Master of Management (Accounting and 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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Group (normally 3-4 students per group) homework assignments to be assessed online via the LMS
| From Week 5 to Week 7 | 10% |
Group (normally 3-4 students per group) homework assignments to be assessed online via the LMS
| From Week 9 to Week 11 | 10% |
Mid-semester exam.
| Mid semester | 20% |
End-of-semester examination.
| During the examination period | 60% |
Last updated: 31 January 2024
Dates & times
- Semester 1
Principal coordinator Yoon Kang Lee 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 Maurice McCourt 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
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
This subject contributes to the following:
- 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: 31 January 2024