FINC20018 - Managerial Finance

General Information

Unit Synopsis

This unit provides a fundamental understanding of management finance. You will examine corporate financial goals and how to realise them through the raising of funds, the allocation of resources and the undertaking of investments by firms. You will be introduced to the theory and use of a range of financial decision making concepts such as financial goals, financial markets, financial mathematics, risk and return, asset pricing, capital budgeting, cost of capital, capital structure and dividend policy.

Details

Level Postgraduate
Unit Level 9
Credit Points 6
Student Contribution Band 3
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites There are no pre-requisites for the unit.

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).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 3 - 2019

Term 3 - 2019 Profile
Brisbane
Melbourne
Online
Sydney
Term 1 - 2020 Profile
Brisbane
Melbourne
Online
Sydney
Term 2 - 2020 Profile
Brisbane
Melbourne
Online
Sydney
Term 3 - 2020 Profile
Brisbane
Melbourne
Online
Sydney

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).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Postgraduate 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.

Assessment Tasks

Assessment Task Weighting
1. Written Assessment 20%
2. Practical and Written Assessment 30%
3. Examination 50%

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

Past Exams

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Previous Feedback

No previous feedback available

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.

Source: Self-reflection
Feedback
1) Overall the unit ran well with all glitches resolved amicably 2) Reporting the 20 students in Assessment 1 for academic misconduct resulted in the best outcome, namely there were no cases to report for Assessment 2.
Recommendation
Work with teaching staff and students when any glitches occur as well as to continue working with students on how to prevent high similarity through cheating and plagiarism.
Action Taken
Compared to Term 1 2018, there are less students alleged misconduct in Term 1 2019 which is an improvement. This is due to the enormous effort in addressing how to avoid plagiarism throughout the semester.
Source: Teaching team
Feedback
1) The teaching team have been supportive and have communicated any issues via emails or by telephone. For instance, initially the experimentation of a new approach to Assessments tasks to produce multiple or unique student answers. The teaching staff drew on their professional judgement and knowledge to grade the assessments of each student with great results. 2) The teaching team were supportive and provided feedback during the investigation phase and outcome phase of the Academic Misconduct cases within their cohorts.
Recommendation
1) Develop assessments that produce answers unique to the students. 2) Communicate to the teaching team affected by Academic Conduct cases in their cohort of students during and after investigation. Support the teaching team and their students, when they report Academic Misconduct or provide additional feedback to help the Academic Misconduct Board make an informed evidence-based decision.
Action Taken
The teaching staff work as a team and devote themselves to deliver a positive teaching and learning environment. Most of time there is a two-way communication which allows us to understand whether the students are able to keep pace with the schedule.
Source: Student feedback
Feedback
The student feedback for the unit has been positive whereby the overall level of satisfaction was 4.4/5. This is a pleasing result, given we changed the Assessment format, had a new Sydney campus lecturer start and where two graders graded the Sydney cohort. Based on a couple of informal emails from students, they were happy with the manner in which the teaching staff were dealing with any general unit inquiries and academic misconduct appeals.
Recommendation
1) Encourage the teaching team to manage their cohort of students as they see fit 2) Encourage the teaching team to manage any issues (including when dealing with Academic Misconduct issues) affecting their cohort of students.
Action Taken
The feedback from the students are positive. By large, the students enjoy the learning journey, the course materials and contents, the assessments and class activities, the support from the Faculty and the teaching staff.
Source: Employer feedback
Feedback
Employer feedback suggests discussion forums should be mainly used by students, rather than the unit co-ordinator jumping in first to contribute to it. By allowing other students time to contribute the discussion.
Recommendation
Be mindful to encourage students to participate in the discussion forums on the Moodle s, rather than respond to all student queries. Give pees the opportunity to help each other out on the Moodle forums.
Action Taken
Apparently a few students are active in asking questions in class, other students seem to be silent. We should encourage more students to participate in discussion.
Source: Unit Evaluation
Feedback
Contents of the lecture and assessment was way too difficult for non accounting background students.
Recommendation
It is a challenging unit for the students come from non accounting and finance background. May consider to revise the materials to have less financial jargons and numerical questions.
Action Taken
Nil.
Source: Unit Evaluation
Feedback
I liked that the lectures were recorded, however it was rather hard to hear through the chatter of the class. If the lecturer could wear a microphone instead that would make it clearer.
Recommendation
The lecturer will wear the microphone in the future classes.
Action Taken
Nil.
Source: Unit Evaluation
Feedback
It would be more better when we can do more practical questions in class.
Recommendation
Each week there are practical questions that require the students to complete and discuss in class. More this type of questions will be adopted as class activities.
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Examine and describe financial goals and their realisation in the context of modern firms and financial managers
  2. Analyse the role of financial markets and their functions in a developed economy
  3. Evaluate various capital assets and funding strategies
  4. Evaluate corporate financial decisions related to capital structure and dividend policy aimed at maximising the value of the firm.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4
1 - Written Assessment
2 - Practical and Written Assessment
3 - Examination
Alignment of Graduate Attributes to Learning Outcomes
Advanced Level
Professional Level
Graduate Attributes Learning Outcomes
1 2 3 4
1 - Knowledge
2 - Communication
4 - Research
5 - Self-management
6 - Ethical and Professional Responsibility
Alignment of Assessment Tasks to Graduate Attributes
Advanced Level
Professional Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7
1 - Written Assessment
2 - Practical and Written Assessment
3 - Examination