Year
2016
Units
4.5
Contact
1 x 3-hour workshop weekly
Prerequisites
1 BUSN9113 - Accounting Fundamentals
2 BUSN9115 - Quantitative Methods
3 BUSN9035 - Business Accounting
Must Satisfy: ((1 and 2) or (3))
Enrolment not permitted
1 of BUSN9026, BUSN9108, BUSN9146 has been successfully completed
Topic description
This topic introduces students to the major concepts and analytical tools used in the theory and practice of financial management. The topic will cover the role and objectives of financial management, business financial planning and ratio analysis, working capital management, risk and return, capital budgeting, the cost of capital, operating and financial leverage, the financial structure decision and the dividend decisions.
Educational aims
This topic aims to identify the concepts and analytical tools used in the theory and practice of financial management. It will define the role and objectives of sound financial planning and management in business organisations.
Expected learning outcomes
On successful completion of this topic, students will be able to:
  1. Perform financial statement analysis
  2. Describe the procedures for assessing and measuring the risk of investment assets
  3. Value long-term debt (bonds/debentures), preference shares and ordinary shares
  4. Apply capital budgeting techniques in capital investment decisions
  5. Determine the cost of capital of a firm
  6. Define and calculate operating, financial and total leverage, and understand their implications for the target capital structure of a firm
  7. Discuss the importance of managing working capital
  8. Work collaboratively to conduct research and present the findings in report format.