FINC308-20S2 (C) Semester Two 2020

Applied Financial Analysis and Valuation

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 use and application of accounting information to financial problems.

Learning Outcomes

In terms of specific learning objectives, students, by the end of the course, will be able to:

1. Recast company financial reports (income statement, balance sheet etc.)  in a standard form so that the reports of different companies can be directly compared with each other or the reports of one company can be compared over time.
2. Reconstitute the financial reports of companies to reverse the effects of (perhaps misleading) company accounting policy decisions.
3. Forecast company funding needs from pro-forma balance sheets and income statements via the Additional Funds Needed model.
4. Value the equity of a company using a present value method that takes information directly from the company’s financial reports.
5. Employ the Black-Scholes option pricing model to value a range of investment projects of various types (projects where the choices to delay, extend or, even in the future, abandon all have a calculable value).
6. Perform a diagnosis as to whether a company is entering (or is in) a state of financial distress, employing several different techniques (Altman’s Z-score, Argenti’s balanced scorecard, the Black-Scholes option pricing model applied to real options).
7. Perform an analysis of a firm’s equity employing the Bloomberg database and its related tools.

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.

Pre-requisites

Restrictions

FINC394 and AFIS314

Co-requisites

Timetable 2020

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Monday 12:00 - 13:00 A5 Lecture Theatre 13 Jul - 23 Aug
7 Sep - 18 Oct
02 Monday 12:00 - 13:00 Online Stream - students based in NZ 13 Jul - 23 Aug
7 Sep - 18 Oct
03 Monday 12:00 - 13:00 Online Stream - students based overseas 13 Jul - 23 Aug
7 Sep - 18 Oct
Lecture B
Activity Day Time Location Weeks
01 Tuesday 12:00 - 13:00 F3 Lecture Theatre 13 Jul - 23 Aug
7 Sep - 18 Oct
02 Tuesday 12:00 - 13:00 Online Stream - students based in NZ 13 Jul - 23 Aug
7 Sep - 18 Oct
03 Tuesday 12:00 - 13:00 Online Stream - students based overseas 13 Jul - 23 Aug
7 Sep - 18 Oct
Lecture C
Activity Day Time Location Weeks
01 Wednesday 12:00 - 13:00 F3 Lecture Theatre 13 Jul - 23 Aug
7 Sep - 18 Oct
02 Wednesday 12:00 - 13:00 Online Stream - students based in NZ 13 Jul - 23 Aug
7 Sep - 18 Oct
03 Wednesday 12:00 - 13:00 Online Stream - students based overseas 13 Jul - 23 Aug
7 Sep - 18 Oct
Computer Lab A
Activity Day Time Location Weeks
01 Monday 13:00 - 16:00 Meremere 101A Trading Room 13 Jul - 23 Aug
7 Sep - 18 Oct

Course Administrator

Warwick Anderson

Assessment

Assessment Due Date Percentage  Description
Final Exam 40%
Assignment 5% Bloomberg Market Concepts Certification
Term test 25%
Assignment 14 Aug 2020 10%
Project 12 Oct 2020 20% Equity Valuation Project

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 FINC308 Occurrences

  • FINC308-20S2 (C) Semester Two 2020