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.

Please note that there may be some modifications to the assessment schedule promoted in Handbook for Semester 1 2023 Units. All assessment changes will be published by 20th February 2023. All students are reminded to check the handbook at the beginning of semester to ensure they have the correct outline.

  • Unit Title

    Business Finance
  • Unit Code

    ECF6110
  • Year

    2023
  • Enrolment Period

    1
  • Version

    4
  • 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.

Equivalent Rule

Equivalent to ECF6139

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 ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 3 hour seminarNot OfferedNot Offered
Semester 213 x 3 hour seminarNot OfferedNot Offered
Summer9 x 3 hour seminarNot 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

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%

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.

ECF6110|4|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

    2023
  • Enrolment Period

    2
  • Version

    4
  • 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.

Equivalent Rule

Equivalent to ECF6139

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 ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 3 hour seminarNot OfferedNot Offered
Semester 213 x 3 hour seminarNot OfferedNot Offered
Summer9 x 3 hour seminarNot 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

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%

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.

ECF6110|4|2