Fundamentals of Business Finance

UTS

Course Description

  • Course Name

    Fundamentals of Business Finance

  • Host University

    UTS

  • Location

    Sydney, Australia

  • Area of Study

    Business, Business Administration, Business Management, Finance, International Business

  • Language Level

    Taught In English

  • Prerequisites

    26100c Integrating Business Perspectives

    Or equivalent

  • 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

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

    Description
    The subject develops an understanding of the core principles of finance and their applications to financial decision-making. Topics include an overview of the financial markets, time value of money, valuation of securities, risk-and-return, capital budgeting decisions and financing decisions.
    Subject objectives
    Upon successful completion of this subject students should be able to:
    1. discuss the types of financial decisions and the role of the financial manager
    2. examine financial instruments and their valuation
    3. explain the importance of the time value of money, risk and return and cash flow when making informed business decisions
    4. evaluate the concept of optimal capital structure and the factors influencing its determination.
    This subject also contributes specifically to the following program learning objectives:
    Apply technical skills necessary for professional practice in business (5.2)
    Contribution to the development of graduate attributes
    The subject contributes to the Bachelor of Business by providing students with an introduction to finance. It exposes students to the issues and methodology for optimally allocating scarce financial and non-financial resources amongst competing alternatives. It introduces the appropriate tools and techniques to make informed financial decisions. This subject will develop skills linked to the Faculty?s graduate attribute that looks at developing business orientated skills.
    Teaching and learning strategies
    The teaching strategies and learning materials for Fundamentals of Business Finance have been developed for a culturally diverse student body. They incorporate a range of strategies to provide students with flexible learning approaches. These strategies include face-to-face instruction, tutorial discussion, and self-managed learning materials in print and electronic forms. Students will use UTS web-based facility to access relevant information and to interact with staff and peers.
    Content
    ? Introduction to finance and objectives of the firm;
    ? Time value of money;
    ? Valuation of debt and equity securities;
    ? Risk-and-return relationship;
    ? Capital budgeting decisions: evaluation methods, cash flow analysis, incremental cash flows, issues in investment evaluation;
    ? Financing decisions: sources of finances, financing mix, cost of capital, issues in capital structure choices;
    Assessment
    Assessment task 1: In-class quizzes (Individual)
    Objective(s):
    This addresses subject learning objective(s):
    1, 2 and 3
    Weight: 20%
    Length:
    30 minutes
    Assessment task 2: Case Study (Group)
    Objective(s):
    This addresses subject learning objective(s):
    1 and 3
    Weight: 20%
    Assessment task 3: Final Exam (Individual)
    Objective(s):
    This addresses subject learning objective(s):
    1, 2, 3 and 4
    This addresses program learning objectives(s):
    5.2
    Weight: 60%
    Minimum requirements
    Students must achieve at least 50% of the subject?s total marks.

Course Disclaimer

Courses and course hours of instruction are subject to change.

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.