FINC301-20S2 (C) Semester Two 2020

Corporate Finance Theory and Policy

15 points

Details:
Start Date: Monday, 13 July 2020
End Date: Sunday, 8 November 2020
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Friday, 24 July 2020
  • Without academic penalty (including no fee refund): Friday, 25 September 2020

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
MATH199

Restrictions

FINC354, AFIS304

Co-requisites

Timetable 2020

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Monday 09:00 - 10:00 E7 Lecture Theatre 13 Jul - 23 Aug
7 Sep - 18 Oct
Lecture B
Activity Day Time Location Weeks
01 Wednesday 13:00 - 14:00 Rehua 102 13 Jul - 23 Aug
7 Sep - 18 Oct
Lecture C
Activity Day Time Location Weeks
01 Friday 12:00 - 13:00 E5 Lecture Theatre 13 Jul - 23 Aug
7 Sep - 18 Oct
Tutorial A
Activity Day Time Location Weeks
01 Thursday 09:00 - 10:00 Ernest Rutherford 141 20 Jul - 23 Aug
7 Sep - 18 Oct
02 Thursday 10:00 - 11:00 Ernest Rutherford 141 20 Jul - 23 Aug
7 Sep - 18 Oct
03 Thursday 16:00 - 17:00 Ernest Rutherford 465 20 Jul - 23 Aug
7 Sep - 18 Oct

Course Administrator

Warwick Anderson

Lecturer

Warwick Anderson

Assessment

Assessment Due Date Percentage 
Final Exam 50%
Assignment 1 31 Mar 2014 10%
Term Test 06 May 2014 30%
Assignment 2 22 May 2014 10%

Textbooks / Resources

Required Texts

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

Indicative Fees

Domestic fee $822.00

International fee $3,688.00

* 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

  • FINC301-20S2 (C) Semester Two 2020