Overview
This unit covers the basic concepts, tools and techniques that financial managers use in the contemporary business context. You will learn about the principal functions of financial managers, the different business structures, and capital markets and financial securities. You will also examine the valuation of investments and portfolio, project evaluation, the cost of capital, market efficiency, risk management, basics of foreign exchange and international financial market, and dividend policy. Completion of the unit will raise your awareness on how businesses and corporate organisations decide on short and long term investment decisions, and the global and domestic economic and contextual factors which influence these decisions.
Details
Pre-requisites or Co-requisites
ECON11026 or MATH11246 or STAT11048
Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).
Offerings For Term 1 - 2018
Attendance Requirements
All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Class Timetable
Assessment Overview
Assessment Grading
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of 'pass' in order to pass the unit. If any 'pass/fail' tasks are shown in the table above they must also be completed successfully ('pass' grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the 'assessment task' section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University's Grades and Results Policy for more details of interim results and final grades.
All University policies are available on the CQUniversity Policy site.
You may wish to view these policies:
- Grades and Results Policy
- Assessment Policy and Procedure (Higher Education Coursework)
- Review of Grade Procedure
- Student Academic Integrity Policy and Procedure
- Monitoring Academic Progress (MAP) Policy and Procedure - Domestic Students
- Monitoring Academic Progress (MAP) Policy and Procedure - International Students
- Student Refund and Credit Balance Policy and Procedure
- Student Feedback - Compliments and Complaints Policy and Procedure
- Information and Communications Technology Acceptable Use Policy and Procedure
This list is not an exhaustive list of all University policies. The full list of University policies are available on the CQUniversity Policy site.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Feedback from Self-reflection
The unit may provide more interactivity in videos
While the unit already provides some interactive videos, some more interactivities can be adopted in some of the videos in future offering
Feedback from Self-reflection and Student feedback
Videos or slides could be slightly shorter for some weeks.
Some of the weekly materials, including some of the videos, will be shortened in future offering
- Discuss the critical decisions corporate financial managers face and solve
- Apply financial mathematics for the valuation of corporations and financial decision making
- Make investment decisions using sound capital budgeting techniques
- Analyse risk and return for financial decision making
- Discuss the pricing of shares, bonds and the role of efficient markets.
Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks | Learning Outcomes | ||||
---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | |
1 - Practical and Written Assessment - 30% | |||||
2 - Online Quiz(zes) - 10% | |||||
3 - Examination - 60% |
Alignment of Graduate Attributes to Learning Outcomes
Graduate Attributes | Learning Outcomes | ||||
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1 | 2 | 3 | 4 | 5 | |
1 - Communication | |||||
2 - Problem Solving | |||||
3 - Critical Thinking | |||||
4 - Information Literacy | |||||
5 - Team Work | |||||
6 - Information Technology Competence | |||||
7 - Cross Cultural Competence | |||||
8 - Ethical practice | |||||
9 - Social Innovation | |||||
10 - Aboriginal and Torres Strait Islander Cultures |
Alignment of Assessment Tasks to Graduate Attributes
Assessment Tasks | Graduate Attributes | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
1 - Practical and Written Assessment - 30% | ||||||||||
2 - Online Quiz(zes) - 10% | ||||||||||
3 - Examination - 60% |
Textbooks
Business Finance
Edition: 1st edn (2017)
Authors: Parrino, Kidwell, Au Yong, Dempsey, Morkel-Kingsbury, Ekanayake, James & Murray
John Wiley and Sons
Milton Milton , QLD , Australia
ISBN: 9780730350651
Binding: Paperback
Additional Textbook Information
IT Resources
- CQUniversity Student Email
- Internet
- Unit Website (Moodle)
- Different online resources indicated on Moodle.
- MS Office (Word, Excel, PowerPoint)
All submissions for this unit must use the referencing style: American Psychological Association 6th Edition (APA 6th edition)
For further information, see the Assessment Tasks.
t.imam@cqu.edu.au
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Assessment 2 (Online Quiz) opens on Friday 18/05/2018 at 9 am (AEST)
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Please note teaching contact from the link indicated on Moodle.
Also, both eBook and printed version of the book are fine.
A financial calculator is not a must. However, a calculator with scientific functions is essential.
The key study resources are the lecture slides, workshop documents, and the book.
1 Practical and Written Assessment
You can attempt this assessment individually or as a group of no more than two students. To form a group, you may consider getting in touch with one of your peers on the same campus or another campus or another distance learning student. For groups, only one member of the group should submit. The assessment constitutes a set of mathematical problems and associated theory and discussion questions and case studies (real world scenario, or hypothetical or virtual world scenario). The contents are based on weeks 1-5 (inclusive). The assessment aims at both judging your competence regarding the topics encountered and making you familiar with the applications of these concepts in real-world information processing. Further details, including the specific questions to be answered, will be provided within the Assessment block in Moodle by Week 2 Monday.
Some points to note:
- You may use Equation Editor, MathType to indicate the calculation steps. If you use the financial calculator, please show the formula and figures in the formula further to the financial calculator steps. You may also be required to use Microsoft Excel or similar software for assessment questions.
- The explanations in discussion questions should aim at one brief paragraph or multiple paragraphs depending upon the question and marks allocated. If you use sources to support your decisions, please use in-text referencing to acknowledge the source. However, you are not expected to reference the formulae.
- You should submit as a doc/docx/rtf format though the submission link on Moodle.
Week 7 Friday (27 Apr 2018) 11:59 pm AEST
Week 10 Monday (14 May 2018)
The assessment judges your ability to solve the set problems and discuss the relevant issues, further to your capability to use online resources. Marks allocated for this assignment consider the following aspects:
- Completeness
- Accuracy of the calculations
- Quality of explanations
- Presentation
- Proper use of references
- Model construction (if any) using Microsoft Excel
More details are on Moodle.
- Problem Solving
- Critical Thinking
- Team Work
- Information Technology Competence
- Discuss the critical decisions corporate financial managers face and solve
- Apply financial mathematics for the valuation of corporations and financial decision making
- Make investment decisions using sound capital budgeting techniques
- Analyse risk and return for financial decision making
- Discuss the pricing of shares, bonds and the role of efficient markets.
2 Online Quiz(zes)
Complete an online quiz through the relevant link in Moodle. The quiz will open on Friday of Week 10 at 9 am and will close on Monday of Week 12 at 11:59 pm. It consists 15 questions (both multiple choice and true-false questions) relating to week 6-10 inclusive and covers both theoretical concepts and math problem-solving. You have 65 minutes to complete this online quiz. You will be unable to re-open the quiz after the indicated dates and times. Therefore it is your responsibility to complete the quiz within the specified period. If you experience a computer problem you cannot solve, you are required to contact the unit coordinator by email at the earliest. Notably, the online system records your attempt on the quiz. Thus, decisions regarding any computer issue are likely to consider these records (if any).
Week 12 Monday (28 May 2018) 11:59 pm AEST
Available from Friday 18 May 2018 9:00 am to Monday 28 May 2018 11:59 pm only (AEST)
Week 12 Tuesday (29 May 2018)
Your online quiz results will be automatically generated and displayed upon completion of the quiz. You will have access to your completed quiz to check the questions you got wrong after the quiz closes.
You will be assessed on your problem-solving and critical thinking skills. The nature of this assessment item indirectly assesses your information technology competence.
- Problem Solving
- Critical Thinking
- Information Technology Competence
- Discuss the critical decisions corporate financial managers face and solve
- Apply financial mathematics for the valuation of corporations and financial decision making
- Make investment decisions using sound capital budgeting techniques
- Analyse risk and return for financial decision making
- Discuss the pricing of shares, bonds and the role of efficient markets.
Examination
Calculator - all non-communicable calculators, including scientific, programmable and graphics calculators are authorised
As a CQUniversity student you are expected to act honestly in all aspects of your academic work.
Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.
When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.
Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.
As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.
What is a breach of academic integrity?
A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.
Why is academic integrity important?
A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.
Where can I get assistance?
For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.