成人大片

CORPFIN 1002 - Business Finance

North Terrace Campus - Summer - 2022

This course examines firm investment and distribution decisions in the context of a capital market structure and efficiency. Valuation methods are developed for valuing projects and securities. Basic portfolio theory is discussed to develop simple asset pricing models and used for determining the cost of capital for use in investment evaluation. The implications of different financing options (debt and equity) are considered and elementary capital structure theorems are presented, in relation to which the dividend decisions are analysed. The question of market efficiency is considered and its implications for trading strategies are discussed.

  • General Course Information
    Course Details
    Course Code CORPFIN 1002
    Course Business Finance
    Coordinating Unit Finance and Banking
    Term Summer
    Level Undergraduate
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Available for Study Abroad and Exchange Y
    Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture
    Course Staff

    Course Coordinator: Md Abdul Wasi

    SEMESTER 2:
    Course Coordinator: Ivan Obaydin
    Location: Room 12.23, Level 12, Nexus 10 Building
    Telephone: +61 8 8313 0788
    Email: ivan.obaydin@adelaide.edu.au

    MELBOURNE CAMPUS TRIMESTER 3:
    Course Coordinator: Ivan Obaydin
    Location: Room 12.23, Level 12, Nexus 10 Building
    Telephone: +61 8 8313 0788
    Email: ivan.obaydin@adelaide.edu.au

    Course Timetable

    The full timetable of all activities for this course can be accessed from .

  • Learning Outcomes
    Course Learning Outcomes
    On successful completion of this course, students will be able to:

    1. Compute complex time value of money calculations.

    2. Value both bonds and equities using appropriate financial models.

    3. Illustrate basic risk and return calculations.

    4. Apply the core concepts of financial management for basic project valuation.

    5. Analyse the capital structure of a company.

    6. Identify ethical behaviour in the context of financial management and financial planning.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)

    Attribute 1: Deep discipline knowledge and intellectual breadth

    Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.

    1-6

    Attribute 2: Creative and critical thinking, and problem solving

    Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.

    1-6

    Attribute 3: Teamwork and communication skills

    Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.

    1-6

    Attribute 4: Professionalism and leadership readiness

    Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.

    1-6

    Attribute 5: Intercultural and ethical competency

    Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.

    1-6

    Attribute 8: Self-awareness and emotional intelligence

    Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.

    1-6
  • Learning Resources
    Required Resources
    Text Book:
    Berk, DeMarzo and Harford, Fundamentals of Corporate Finance, Global Edition, 4th Edition

    Calculator:
    Casio fx-82AU PLUS II 2nd Edition Scientific Calculator
    Recommended Resources
    This subject provides students with practical and theortical tools to better understand varied financial aspects. Students will significantly benefit from regularly reading the Australian Financial Review, the financial pages of The Australian and Bloomberg.
    Online Learning
    Lecture material such as presentation, articles, tutorial questions and lecture recording will be available on MyUni. Tutorial answers will also be made available in the week following the tutorial.
  • Learning & Teaching Activities
    Learning & Teaching Modes
    Each topic in this course will be delivered via a 2-hour lecture session and a 1-hour problem-solving tutorial. Lectures provide students with a primary understanding and tutorials help enhance enhance skills to put prior learning into practice. It is important that students spend time solving questions provided individually or in small groups prior to attending tutorials.  

    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    Students in this course are expected to attend and prepare for all topics prior to the scheduled class. As a guide, students are expected to spend 9 hours studying each topic (this includes face-to-face contact, online components, and self-directed study).
    Learning Activities Summary
    Topic Dates
    1 Introduciton to corporate finance See MyUni
    2 Time Value of Money - Part 1 See MyUni
    3 Time Value of Money - Part 2 See MyUni
    4 Bond Valuation  See MyUni
    5 Share Valuation and Efficient Market Hypothesis  See MyUni
    6 Risk and Return  See MyUni
    7 Basics of Project Evaluation See MyUni
    8 Making Capital Investment Decisions See MyUni
    9 Cost of Capital and Capital Structure See MyUni
    10 Dividend Policy See MyUni
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary
    Assessment  Topics Covered  Weighting  Due Date Related Course Learning Outcomes
    Online Quiz  1, 2 and 3   10% Specific date will be posted on MyUni 1-2 & 6
    Mid-Semester Exam
    Duration: 1 hour
    1 - 5  30% Specific date will be posted on MyUni 1-3 & 6
    Final Exam
    Duration: 2 hours 
    all topics 60% Refer to Access Adelaide 1-6
    Assessment Related Requirements
    Notes on Assessment

    Legible hand-writing and the quality of English expression are considered to be integral parts of the assessment process. Marks may be deducted in the final examination because of poor hand-writing.

    Assessment marks prior to the final exam will be displayed on MyUni. Students are encouraged to check their marks and notify the lecturer-in-charge of any discrepancies.

    Students in this course are not permitted to take a DICTIONARY (English or English-Foreign) into the Exam. The use of a calculator in the examination will be required in this course.
    Assessment Detail
    This course has two class tests and one final exam. More information will be provided on MyUni.
    Submission
    In each test, you need to submit all examination materials.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through .

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.

The 成人大片 is committed to regular reviews of the courses and programs it offers to students. The 成人大片 therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.