Finance 1

Queensland University of Technology

Course Description

  • Course Name

    Finance 1

  • Host University

    Queensland University of Technology

  • Location

    Brisbane, Australia

  • Area of Study

    Finance

  • Language Level

    Taught In English

  • Prerequisites

    BSB113 or MAB126 or MXB105 or UDB104 or MZB126

  • Course Level Recommendations

    Upper

    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.

    Hours & Credits

  • Credit Points

    12
  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    Synopsis:
    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 Outcomes
    Upon completion of this unit, you should be able to:
    1. Demonstrate and apply knowledge of the finance theories, practices and markets used by financial managers
    2. Apply knowledge, technical, and technological skills to solve financial problems and make decisions
    3. Demonstrate written communication skills to effectively and professionally explain financial information, thinking and decisions
    Content
    Unit 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 Learning
    This 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.
    Assessment
    Assessment name: Mid-Semester Exam
    Description: Multiple choice exam covering topics 1 to 5
    Length/Duration: 1 hr plus 15 minutes perusal
    Formative or Summative:Formative and Summative
    Relates to objectives: 1
    Weight: 25
    Internal or external: Internal
    Group or individual: Individual
    Due date: Week 7
    Assessment name: Report
    Description: 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 words
    Formative and Summative: Formative and Summative
    Relates to objectives: 2 and 3
    Weight: 25
    Internal or external: Internal
    Group or individual: Individual
    Due date: Week 10
    Assessment name: Final Exam
    Description: Short answer exam covering topics 6 to 12
    Length/Duration: 2 hours plus 10 minutes perusal
    Formative or Summative: Summative
    Relates to objectives:1 and 2
    Weight: 50
    Internal or external: Internal
    Group or individual: Individual
    Due date: Central Exam Period

Course Disclaimer

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.