FINC301-23S2 (C) Semester Two 2023

Corporate Finance Theory and Policy

15 points

Details:
Start Date: Monday, 17 July 2023
End Date: Sunday, 12 November 2023
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 30 July 2023
  • Without academic penalty (including no fee refund): Sunday, 1 October 2023

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.

Prerequisites

Co-requisites

Timetable 2023

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Wednesday 12:00 - 14:00 Rehua 102
17 Jul - 27 Aug
11 Sep - 22 Oct
Tutorial A
Activity Day Time Location Weeks
01 Friday 10:00 - 11:00 Karl Popper 508
24 Jul - 27 Aug
11 Sep - 22 Oct
02 Thursday 15:00 - 16:00 Jack Erskine 241
24 Jul - 27 Aug
11 Sep - 22 Oct
03 Friday 13:00 - 14:00 Karl Popper 413
24 Jul - 27 Aug
11 Sep - 22 Oct
04 Friday 09:00 - 10:00 Rehua 429
24 Jul - 27 Aug
11 Sep - 22 Oct
05 Thursday 16:00 - 17:00 F1 Lectorial
24 Jul - 27 Aug
11 Sep - 22 Oct
06 Thursday 12:00 - 13:00 F1 Lectorial
24 Jul - 27 Aug
11 Sep - 22 Oct

Course Coordinator

Sanghyun Hong

Assessment

Assessment Due Date Percentage 
Assignment 1 10%
Assignment 2 10%
Final Exam 50%
Term Test 30%

Textbooks / Resources

Required Texts

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

Indicative Fees

Domestic fee $868.00

International fee $4,075.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, 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

  • FINC301-23S2 (C) Semester Two 2023