UNIT INFORMATION

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ECF4220 Principles of Finance
SCHOOL OF BUSINESS
Credit Points: 15
 
Description:
This unit provides an introduction to the essentials of managerial finance topics. Students will review the fundamentals of financial mathematics. These techniques will be used in the process security valuation and capital budgeting to evaluate capital expenditure and to assist in long-term asset management. Students will study the management of working capital, the role of the cost capital in the investment decision and methods to measure the cost of capital for the firm. This will include the institutions and structure of the financial markets and a process to identify and evaluate various sources of finance for the company. Since the late 1950’s models have been developed to try and explain the behaviour of companies and their managers as well as the capital markets. These models will be reviewed along with such topics as the principles and uses of portfolio theory and the Capital Asset Pricing Model, the Efficient Markets Hypothesis and the determination of capital structure and dividend policy. Finally students will look at some of the emerging theories in financial decision making as they pertain to business and the capital markets as they exist today.

Full Unit Outline
 
 
Disability Standards for Education (Commonwealth 2005)
For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes, Graduate Attributes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Student Equity, Diversity and Disability Service website:
http://intranet.ecu.edu.au/student/support/student-equity

Last Updated - Higher Education: 4/30/2009 VET: 4/30/2009