School: Business and Law

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.

  • Unit Title

    Corporate Finance
  • Unit Code

    ECF2222
  • Year

    2024
  • Enrolment Period

    1
  • Version

    3
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Jaime Li YONG

Description

Corporate finance involves the financial management of business entities. This examines the principles, theories, and practical issues arising from how companies make investment, financing and distribution decisions. Central to the approaches for making investment decisions is the discount cash flow technique, and its application to project evaluation and analysis. In order to fund operations and new projects, companies need to seek internal and external funding. Decisions on capital structure can have flow-on effects on the firm's cost of capital, funds for operations and investment, and funds for distribution. This unit will be taught with a particular focus on integrating real-world business cases. Students are expected to develop skills to build solutions, and make recommendations for firms.

Prerequisite Rule

Students must have passed ECF1120.

Learning Outcomes

On completion of this unit students should be able to:

  1. Articulate key financial concepts and theories underpinning how companies make investment and financing decisions.
  2. Critique the application of financial theories and how they are applied in practice.
  3. Conduct financial analysis using tools such as Microsoft Excel and financial databases.
  4. Analyse investment and financing decisions of companies to make recommendations to specialist and non-specialist audiences.

Unit Content

  1. Company objectives, corporate governance and ethics.
  2. Analysing financial statements and corporate performance.
  3. Investment decisions, DCF analysis and project evaluation.
  4. The Weighted Average Cost of Capital.
  5. Capital raising.
  6. Capital structure and debt policy.
  7. Dividend and payout policy.
  8. Strategic financial planning and forecasting.
  9. Working capital management.
  10. Options in corporate finance.
  11. International financial management.

Learning Experience

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 1 hour labNot OfferedNot Offered
Semester 113 x 2 hour lectureNot OfferedNot Offered
Semester 213 x 1 hour labNot OfferedNot Offered
Semester 213 x 2 hour lectureNot OfferedNot Offered

For more information see the Semester Timetable

Additional Learning Experience Information

Students will learn to use real-time financial market databases and critically discuss the application of corporate finance issues using contemporary case studies of companies in Australia and globally. There is a focus on developing proficiency in building appropriate financial models using Microsoft Excel. Some assessments in this unit require students to develop teamwork skills and reflect on self-development in terms of professional behaviour, and effective practices to achieve outcomes through group work.

Assessment

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 School Progression Panel.

ON CAMPUS
TypeDescriptionValue
ExerciseExercises25%
AssignmentGroup Assignment35%
ExaminationExam40%
ONLINE
TypeDescriptionValue
ExerciseExercises25%
AssignmentGroup Assignment35%
ExaminationExam40%

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 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.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ECF2222|3|1

School: Business and Law

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.

  • Unit Title

    Corporate Finance
  • Unit Code

    ECF2222
  • Year

    2024
  • Enrolment Period

    2
  • Version

    4
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Justin NGUYEN

Description

Corporate finance involves the financial management of business entities. This unit examines the principles, theories, and practical issues arising from how companies make investment, financing and distribution decisions. Central to the analysis of investment decisions is the discounted cash flow approach, and its applications in project evaluation. To finance operations and new projects, companies need to seek internal and external funding. Capital structure decisions have flow-on effects on the firm's cost of capital, funds for operations and investments, and funds for distribution. This unit will be taught with a particular focus on integrating real-world business cases. Students are expected to develop skills to build solutions, and make recommendations for firms.

Prerequisite Rule

Students must have passed ECF1120.

Learning Outcomes

On completion of this unit students should be able to:

  1. Articulate financial concepts and theories that underpin how companies make investment and financing decisions.
  2. Critique the application of financial theories and how they are applied in practice.
  3. Conduct financial analysis using financial databases and Microsoft Excel, and communicate results effectively to a variety of audiences.
  4. Analyse investment and financing decisions of companies, considering ethical and social consequences, to make business recommendations.

Unit Content

  1. Company objectives, corporate governance and ethics.
  2. Analysing financial statements and corporate performance.
  3. Investment decisions, DCF analysis and project evaluation.
  4. The Weighted Average Cost of Capital.
  5. Capital raising.
  6. Capital structure and debt policy.
  7. Dividend and payout policy.
  8. Strategic financial planning and forecasting.
  9. Working capital management.
  10. Options in corporate finance.
  11. International financial management.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 1 hour labNot OfferedNot Offered
Semester 113 x 2 hour lectureNot OfferedNot Offered
Semester 213 x 1 hour labNot OfferedNot Offered
Semester 213 x 2 hour lectureNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

Students will learn to use real-time financial market databases and critically discuss the application of corporate finance issues using contemporary case studies of companies in Australia and globally. There is a focus on developing proficiency in building appropriate financial models using Microsoft Excel. Some assessments in this unit require students to develop effective communication skills, teamwork skills and reflect on self-development in terms of professional behaviour considering ethical practices and social impact.

Assessment

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 School Progression Panel.

ON CAMPUS
TypeDescriptionValue
ExerciseExercises25%
ProjectGroup Project35%
ExaminationExam40%
ONLINE
TypeDescriptionValue
ExerciseExercises25%
ProjectGroup Project35%
ExaminationExam40%

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 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.

Assessment

Students please note: The marks and grades received by students on assessments may be subject to further moderation. Informal vivas may be conducted as part of an assessment task, where staff require further information to confirm the learning outcomes have been met. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work as well as any generative artificial intelligence tools that may have been used. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people or generative artificial intelligence tools, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ECF2222|4|2