| Semester 2, 2023 Springfield On-campus | |
| Units : | 1 |
| School or Department : | School of Business |
| Grading basis : | Graded |
| Course fee schedule : | /current-students/administration/fees/fee-schedules |
Staffing
Course Coordinator:
Overview
Finance is one of the key functions in any organisation. It contributes significantly by ensuring that an organisation remains viable, is able to operate properly, and achieves its objectives. In an enterprise, the finance function helps in enhancing the value of the firm while supporting sustainability practices. This course enables you to understand key financial and non-financial concepts and tools as they are used in practice across various sectors. It is important to appreciate how the finance function fits in an organisation, representing essential skills in any workplace or environment. You will also be enabled to interpret financial data to inform effective business decisions.
In this introductory course, you will use case studies and work in teams to review relevant numerical concepts and work with some quantitative finance concepts. You will apply project evaluation concepts to real world examples such as a new product proposal from a marketing and brand management department. Options for raising capital will be examined to determine ways of funding the project assessed. Financial analysis of the firm and project risk mitigation are also examined. This course uses real world scenarios and case studies and collaboration to solve problems and effectively communicate your decisions.
Course learning outcomes
On completion of this course students should be able to:
- analyse issues and formulate solutions using established theory and knowledge in finance to address an organisational challenge;
- process financial data inputs from various sources in a manner that considers the perspectives of stakeholders and the wider environment;
- identify relevant digital technologies that can be applied by the Finance area in carrying out its role within the organization;
- collaborate to communicate effectively how theory and knowledge in Finance is applied to help address a specific issue or challenge for the organisation.
Topics
| Description | Weighting(%) | |
|---|---|---|
| 1. | The Finance function in an organisation and sustainability practices. | 10.00 |
| 2. | Review of relevant financial and numerical concepts, time value of money and project hurdle rates | 10.00 |
| 3. | Project evaluation using free cash flows generated for a new product proposal from Marketing | 30.00 |
| 4. | Identifying and selecting ways of funding the approved project | 20.00 |
| 5. | Undertaking a basic financial analysis of the firm to see how the new product fits in | 20.00 |
| 6. | Looking at possible financial risk mitigation strategies for the project | 10.00 |
Text and materials required to be purchased or accessed
Student workload expectations
To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.
Assessment details
| Description | Group Assessment |
Weighting (%) | Course learning outcomes |
|---|---|---|---|
| Quiz | No | 10 | 2,3 |
| Mathematical Analysis | No | 40 | 1,2,3 |
| Case 精东传媒app | Yes | 50 | 1,2,3,4 |