This course provides a foundational understanding of financial principles and practices. Key topics include time value of money, risk and return, capital budgeting, financial statement analysis, and the functioning of financial markets. Emphasis is placed on how individuals and firms make investment and financing decisions in real-world contexts.

6 x 2 hour teaching sessions and 6 x 1 hour tutorials

International Corporate Finance (ACCFIN5204)

Foundations of International Corporate Finance (ACCFIN5203)

None

Assessment

Reassessments are normally available for all courses, except those which contribute to the Honours classification. For non Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

Reassessment is not available for the group essay.

The overall aim of the course is to provide students with a critical understanding of corporate finance, including the operations of the securities markets and the development of optimal investment strategies within rational market conditions. Through this course, students will be able to develop critical skills to evaluate the relevance and application of financial principles to real-world scenarios.

By the end of this course students will be able to:

1. Evaluate different theories of capital structure both in the context of perfect capital markets and under market imperfections.

2. Understand the sources, consequences, and possible remedies for information asymmetries and agency conflicts in a corporation.

3. Analyse the role of different sources of corporate financing (short-term and long-term, equity and debt).

4. Understand the concept and different aspects of corporate governance.

5. Work collaboratively in a group context to apply theory and evidence towards developing a consolidated financial analysis that addresses a corporate finance problem.

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.

Minimum requirement for award of credit for students on MSc Real Estate is D3 or above.