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This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.
Please note that given the circumstances of COVID-19, there may be some modifications to the assessment schedule promoted in Handbook for Semester 1 2020 Units. Students will be notified of all approved modifications by Unit Coordinators via email and Unit Blackboard sites. Where changes have been made, these are designed to ensure that you still meet the unit learning outcomes in the context of our adjusted teaching and learning arrangements.
This unit aims to provide students with a theoretical and practical understanding of the fundamental principles of finance. It introduces students to evaluation models that are used by finance practitioners to evaluate assets and investments. Students will start with the basic principles of time value of money, learning how to calculate repayments on loans and mortgages. This will lead to valuing bonds and shares and understanding the role they play both in the firm and in the market place. Students will also learn how a financial manager evaluates a project taking into consideration the cost of funding the project, its taxation implications and the risk associated with the project. Students will also develop an understanding of the nature of the firm, its objectives and the ethical implications of these objectives.
On completion of this unit students should be able to:
Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.
| Joondalup | Mount Lawley | South West (Bunbury) | |
|---|---|---|---|
| Semester 1 | 13 x 1 hour pass session | Not Offered | Not Offered |
| Semester 1 | 13 x 2 hour seminar | Not Offered | Not Offered |
| Semester 2 | 11 x 1 hour pass session | Not Offered | Not Offered |
| Semester 2 | 13 x 2 hour seminar | Not Offered | 13 x 2 hour seminar |
For more information see the Semester Timetable
Students will engage in learning experiences through ECU Blackboard as well as additional ECU learning technologies.
On-campus students attend a weekly lecture and a tutorial. The lectures provide an overview of the topic covered during that week. The tutorials are an essential part of the learning process in this unit. The tutorials enable practical and lively discussions with teaching staff and other students regarding the unit material so that you can measure your progress. Off-campus students will be supplied with unit materials to review each week via Blackboard and are expected to attempt assigned questions from each topic. Regular online access and participation on the discussion board is required.
GS1 GRADING SCHEMA 1 Used for standard coursework units
Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.
| Type | Description | Value |
|---|---|---|
| Participation | Tutorial participation | 15% |
| Test | Online tests | 15% |
| Assignment | Group Report | 20% |
| Examination | Final examination | 50% |
| Type | Description | Value |
|---|---|---|
| Participation | Blackboard participation | 15% |
| Test | Online tests | 15% |
| Assignment | Group Report | 20% |
| Examination | Final examination | 50% |
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 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 Access and Inclusion website.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
ECF1120|3|1
This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.
Please note that given the circumstances of COVID-19, there may be some modifications to the assessment schedule promoted in Handbook for this unit. All assessment changes will be published by 27 July 2020. All students are reminded to check handbook at the beginning of semester to ensure they have the correct outline.
This unit introduces students to the world of modern finance, and how individuals and companies make investment and financing decisions. It covers the concepts of time value of money, basic asset valuation, the risk and return paradigm, capital budgeting and costs of capital for companies. Upon completion, students will be able to value financial assets such as stocks and bonds; financial transactions such as loans, annuities and perpetuities; evaluate stock market investments based on returns and risk characteristics; and identify capital projects that maximise shareholders’ wealth using a range of analytical tools; and consider the implications of financing decisions on the costs of capital for companies. Students will consider current issues and developments in the Australian and global financial markets through the unit.
On completion of this unit students should be able to:
Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.
| Joondalup | Mount Lawley | South West (Bunbury) | |
|---|---|---|---|
| Semester 1 | 13 x 1 hour pass session | Not Offered | Not Offered |
| Semester 1 | 13 x 2 hour seminar | Not Offered | Not Offered |
| Semester 2 | 11 x 1 hour pass session | Not Offered | Not Offered |
| Semester 2 | 13 x 2 hour seminar | Not Offered | 13 x 2 hour seminar |
For more information see the Semester Timetable
Students will engage in learning experiences through ECU Blackboard as well as additional ECU learning technologies.
Students will learn to use real-time financial market databases, and to analyse the information using Microsoft Excel spreadsheet tools. There is also a focus on developing proficiency in numeracy skills during the semester.
GS1 GRADING SCHEMA 1 Used for standard coursework units
Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.
| Type | Description | Value |
|---|---|---|
| Test | Online tests | 20% |
| Assignment | Group Research Assignment | 30% |
| Exercise | Final Assessment | 50% |
| Type | Description | Value |
|---|---|---|
| Test | Online tests | 20% |
| Assignment | Group Research Assignment | 30% |
| Exercise | Final Assessment | 50% |
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 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 Access and Inclusion website.
Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:
Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.
The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.
ECF1120|3|2