FINC301-19S2 (C) Semester Two 2019

Corporate Finance Theory and Policy

15 points

Details:
Start Date: Monday, 15 July 2019
End Date: Sunday, 10 November 2019
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Friday, 26 July 2019
  • Without academic penalty (including no fee refund): Friday, 27 September 2019

Description

The theoretical principles of corporate finance and their applications to business policy.

This course is a development of the theoretical principles of corporate finance and their applications to business policy. It will include financial asset valuation, capital structure and dividend policy, leasing, corporate restructuring, mergers, acquisitions and spinoffs and other topics in corporate finance.

Learning Outcomes

This course is designed to give students an in-depth understanding of the theory and practice of corporate finance.  The principal contention of the course is that managers should maximise firm value.  To do this, managers make investment decisions by allocating resources to "good" projects.  Managers also make financing decisions by choosing the "appropriate mix" of debt and equity and investment the "right amount" back into operations.  Students will learn how to choose "good" projects and how to finance these projects.  The emphasis will be on the "why" more than the "how" in understanding finance.  This will prepare them to be a financial manager of a firm that will maximise firm value.

University Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attributes specified below:

Critically competent in a core academic discipline of their award

Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.

Employable, innovative and enterprising

Students will develop key skills and attributes sought by employers that can be used in a range of applications.

Globally aware

Students will comprehend the influence of global conditions on their discipline and will be competent in engaging with global and multi-cultural contexts.

Pre-requisites

(1) FINC201; and (2) MATH101 or
MATH102 or
MATH108 or
MATH199

Restrictions

FINC354, AFIS304

Co-requisites

Timetable 2019

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Thursday 09:00 - 10:00 K1 Lecture Theatre 15 Jul - 25 Aug
9 Sep - 20 Oct
Lecture B
Activity Day Time Location Weeks
01 Friday 13:00 - 14:00 Meremere 108 Lecture Theatre 15 Jul - 25 Aug
9 Sep - 20 Oct
Lecture C
Activity Day Time Location Weeks
01 Wednesday 12:00 - 13:00 Meremere 108 Lecture Theatre 15 Jul - 25 Aug
9 Sep - 20 Oct
Presentation A
Activity Day Time Location Weeks
01 Monday 13:00 - 15:00 Wheki 101 30 Sep - 6 Oct
02 Monday 15:00 - 17:00 Wheki 101 30 Sep - 6 Oct
03 Tuesday 16:00 - 18:00 Wheki 101 30 Sep - 6 Oct
04 Tuesday 18:00 - 20:00 Wheki 101 30 Sep - 6 Oct
05 Wednesday 13:00 - 15:00 Wheki 101 30 Sep - 6 Oct
06 Wednesday 15:00 - 17:00 Wheki 101 30 Sep - 6 Oct
07 Wednesday 17:00 - 19:00 Wheki 101 30 Sep - 6 Oct
08 Thursday 13:00 - 15:00 Wheki 101 30 Sep - 6 Oct
09 Thursday 15:00 - 17:00 Wheki 101 30 Sep - 6 Oct
10 Thursday 17:00 - 19:00 Wheki 101 30 Sep - 6 Oct
Tutorial A
Activity Day Time Location Weeks
01 Tuesday 13:00 - 14:00 Ernest Rutherford 141 22 Jul - 25 Aug
9 Sep - 20 Oct
02 Monday 14:00 - 15:00 Meremere 526 22 Jul - 25 Aug
9 Sep - 20 Oct
03 Tuesday 10:00 - 11:00 E16 Lecture Theatre 22 Jul - 25 Aug
9 Sep - 20 Oct
04 Monday 15:00 - 16:00 Meremere 526 22 Jul - 25 Aug
9 Sep - 20 Oct

Examination and Formal Tests

Test A
Activity Day Time Location Weeks
01 Tuesday 18:30 - 20:30 A1 Lecture Theatre 19 Aug - 25 Aug

Course Administrator

Warwick Anderson

Lecturer

Warwick Anderson

Assessment

Assessment Due Date Percentage  Description
Assignment 1 10% Weekly homework assignments
Assignment 2 20% Case study
Final Exam 50%
Term Test 20%

Textbooks / Resources

Required Texts

Ross, Stephen A. et al; Corporate finance; Eleventh edition; Published by McGraw-Hill Education, 2016.

Indicative Fees

Domestic fee $806.00

International fee $3,513.00

* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.

For further information see Department of Economics and Finance.

All FINC301 Occurrences

  • FINC301-19S2 (C) Semester Two 2019