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

    Business Finance
  • Unit Code

    ECF6110
  • Year

    2021
  • Enrolment Period

    1
  • Version

    3
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Deepa BANNIGIDADMATH

Description

This unit provides advanced knowledge of the theories, principles and techniques of managerial finance. It addresses the investment, financing, and dividend decisions made by managers. Concepts such as the time value of money and the valuation of a variety of securities are addressed first, followed by investment decisions. These include capital budgeting, portfolio theory, and the capital asset pricing model. Financing decisions such as capital structure and current asset management follow, as do dividend policy and consideration of takeovers. The unit concludes with the concept of market efficiency and developments in the field of behavioural finance.

Learning Outcomes

On completion of this unit students should be able to:

  1. Apply securities valuation and fundamental corporate finance theory to make informed business decisions that maximise shareholder value.
  2. Evaluate the benefits of portfolio diversification.
  3. Assess the potential viability of investment opportunities.
  4. Analyse finance theories and practices to evaluate risk-return trade-off in the firm’s financial decisions.

Unit Content

  1. Overview of business finance.
  2. Essentials of financial mathematics.
  3. Sources of finance and valuation of securities.
  4. Project evaluation: principles, methods and applications.
  5. Return, risk and diversification.
  6. The cost of capital.
  7. Leverage and capital structure.
  8. Dividend policy and inventory management.
  9. Mergers and takeovers.
  10. Market efficiency and behavioural finance.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour seminarNot OfferedNot Offered
Semester 213 x 2 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECUs LMS as well as additional ECU l

Additional Learning Experience Information

On-campus students attend lectures and seminars using a technology enhanced learning (TEL) learning approach including interactive presentations, videos and small group discussions. Students are required to complete a series of tasks allocated each week before attending weekly seminars. On campus activities will focus on small group work, designed to further develop communication skills, critical thinking and teamwork. Online students participate in the unit via Blackboard and will require regular online access. An electronic version of the module highlights is available for students, in addition to support materials specifically for the online mode. Students are required to complete a series of tasks each week and participate in various online activities to discuss, develop and apply the concepts covered in the lecture and readings to learning tasks and assessments. Online activities are designed to develop digital communication skills, critical thinking and teamwork.

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
ExercisePre and/or Post Class Quizzes/ Exercises25%
AssignmentGroup Assignment25%
ExaminationExam50%
ONLINE
TypeDescriptionValue
ExercisePre and/or Post Class Quizzes/ Exercises25%
AssignmentGroup Assignment25%
ExaminationExam50%

Core Reading(s)

  • Peirson, G., Brown, R., Easton, S., Howard, P., & Pinder, S. (2015). Business finance. (12th ed.). Sydney: McGraw Hill. Retrieved from https://ecu.on.worldcat.org/oclc/876158817

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.

Academic Misconduct

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:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

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.

ECF6110|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

    Business Finance
  • Unit Code

    ECF6110
  • Year

    2021
  • Enrolment Period

    2
  • Version

    3
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Deepa BANNIGIDADMATH

Description

This unit provides advanced knowledge of the theories, principles and techniques of managerial finance. It addresses the investment, financing, and dividend decisions made by managers. Concepts such as the time value of money and the valuation of a variety of securities are addressed first, followed by investment decisions. These include capital budgeting, portfolio theory, and the capital asset pricing model. Financing decisions such as capital structure and current asset management follow, as do dividend policy and consideration of takeovers. The unit concludes with the concept of market efficiency and developments in the field of behavioural finance.

Learning Outcomes

On completion of this unit students should be able to:

  1. Apply securities valuation and fundamental corporate finance theory to make informed business decisions that maximise shareholder value.
  2. Evaluate the benefits of portfolio diversification.
  3. Assess the potential viability of investment opportunities.
  4. Analyse finance theories and practices to evaluate risk-return trade-off in the firm’s financial decisions.

Unit Content

  1. Overview of business finance.
  2. Essentials of financial mathematics.
  3. Sources of finance and valuation of securities.
  4. Project evaluation: principles, methods and applications.
  5. Return, risk and diversification.
  6. The cost of capital.
  7. Leverage and capital structure.
  8. Dividend policy and inventory management.
  9. Mergers and takeovers.
  10. Market efficiency and behavioural finance.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 2 hour seminarNot OfferedNot Offered
Semester 213 x 2 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECUs LMS as well as additional ECU l

Additional Learning Experience Information

On-campus students attend lectures and seminars using a technology enhanced learning (TEL) learning approach including interactive presentations, videos and small group discussions. Students are required to complete a series of tasks allocated each week before attending weekly seminars. On campus activities will focus on small group work, designed to further develop communication skills, critical thinking and teamwork. Online students participate in the unit via Blackboard and will require regular online access. An electronic version of the module highlights is available for students, in addition to support materials specifically for the online mode. Students are required to complete a series of tasks each week and participate in various online activities to discuss, develop and apply the concepts covered in the lecture and readings to learning tasks and assessments. Online activities are designed to develop digital communication skills, critical thinking and teamwork.

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
ExercisePre and/or Post Class Quizzes/ Exercises25%
AssignmentGroup Assignment25%
ExaminationExam50%
ONLINE
TypeDescriptionValue
ExercisePre and/or Post Class Quizzes/ Exercises25%
AssignmentGroup Assignment25%
ExaminationExam50%

Core Reading(s)

  • Peirson, G., Brown, R., Easton, S., Howard, P., & Pinder, S. (2015). Business finance. (12th ed.). Sydney: McGraw Hill. Retrieved from https://ecu.on.worldcat.org/oclc/876158817

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.

Academic Misconduct

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:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

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.

ECF6110|3|2