Queensland University of Technology
Area of Study
Taught In English
PrerequisitesBSB113 or MAB126 or MXB105 or UDB104 or MZB126
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
OverviewSynopsis:This unit covers the following topics: an introduction to the financial institutional framework; an introduction to debt and equity instruments; financial mathematics applied to the pricing of debt and equity securities; a firm's investment decision including Net Present Value (NPV) and Internal Rate of Return (IRR); introduction to risk and uncertainty using the Capital Asset Pricing Model (CAPM) and Weighted Average Cost of Capital (WACC) concept and risk management.Learning OutcomesUpon completion of this unit, you should be able to:
ContentUnit covers the role of the financial manager, basic financial economics, financial mathematics, debt and equity valuation, capital budgeting and project evaluation, the cost of capital, modern portfolio theory, risk and return, market efficiency and risk management with derivatives.Approaches to Teaching and LearningThis unit has a formal class contact time in lectures and tutorials of approximately three hours (lecture two hours, tutorial one hour). Tutorial questions are to be completed prior to the tutorial as the tutorials provide the forum to discuss the materials covered and difficulties associated with applying different analytical skills.As an introductory subject that requires economic, accounting and mathematical skills, the materials taught will often abstract from reality in order to remove unnecessary complexities. However, where possible the students will be provided with realistic examples to highlight the difficulties involved in financial management. As an example, the report asks students to analyse a relatively complex case study based on a realistic problem faced by a financial manager.Outside of lectures and tutorials, students are encouraged to attend staff consultation times to gain additional assistance with the materials covered and feedback on their progress.AssessmentAssessment name: Mid-Semester ExamDescription: Multiple choice exam covering topics 1 to 5Length/Duration: 1 hr plus 15 minutes perusalFormative or Summative:Formative and SummativeRelates to objectives: 1Weight: 25Internal or external: InternalGroup or individual: IndividualDue date: Week 7Assessment name: ReportDescription: Students will need to analyse a complex capital budgeting problem using current technologies and write a report that summarises the investment and review the analysis performed.Length/Duration: 600 wordsFormative and Summative: Formative and SummativeRelates to objectives: 2 and 3Weight: 25Internal or external: InternalGroup or individual: IndividualDue date: Week 10Assessment name: Final ExamDescription: Short answer exam covering topics 6 to 12Length/Duration: 2 hours plus 10 minutes perusalFormative or Summative: SummativeRelates to objectives:1 and 2Weight: 50Internal or external: InternalGroup or individual: IndividualDue date: Central Exam Period
- Demonstrate and apply knowledge of the finance theories, practices and markets used by financial managers
- Apply knowledge, technical, and technological skills to solve financial problems and make decisions
- Demonstrate written communication skills to effectively and professionally explain financial information, thinking and decisions
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.