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CoursespecificationforFIN8201

Coursespecification
Thecurrentandofficialversionsofthecoursespecificationsareavailableonthewebat
http://www.usq.edu.au/course/specification/current.
Pleaseconsultthewebforupdatesthatmayoccurduringtheyear.

FIN8201FinanceforExecutives
Semester3,2015OnlineToowoomba
Units:
1
FacultyorSection:
FacultyofBusiness,Education,LawandArts
SchoolorDepartment: SchoolofCommerce
Versionproduced:
19July2016

Staffing
Examiner:LujerSantacruz
Moderator:DomPensiero

Otherrequisites
Studentsarerequiredtohaveaccesstoapersonalcomputer,emailcapabilitiesandInternetaccesstoUConnect.
Currentdetailsofcomputerrequirementscanbefoundathttp://www.usq.edu.au/current
students/support/computing/hardware.

Rationale
Financeandfinancialdecisionsareeverywhereinourdailylives,whetheritbefromapersonalorbusiness
perspective.Fundamentaltoanunderstandingofbasicfinancialknowledgeistheabilitytoweightherelevantcosts
andbenefitsofanydecisionusingvaluationprinciplesandconcepts.Withinthisframework,anunderstandingof
financialmarketsandthetoolsavailabletoproperlyanalyseandassessfinancialinformationisneededsoasto
enablethefinancialconsumerandmanagertoapplythosetoolstomakeproperlyinformeddecisionsamongst
loans,investments,andprojects.

Synopsis
Thiscoursewillintroducestudentstofinancialmarkets,thetoolsandconceptsofbasicfinance,comprehensionof
basicfinancialstatements,timevalueofmoney,valuationofsharesandbonds,riskandreturnconsiderations,
capitalbudgetingandthecostofcapital.ItformsthefirstofthreecoursesintheFinancestreamandassuch,
shouldbeseenasintroducingmanyofthekeyconceptsandfoundationsuponwhichtheothertwocoursesare
built.Manyofthefinanceconceptsstudiedinthiscoursehaveaglobalaswellasdomesticapplication.Inaddition,
thiscoursewilladoptadecisionmakingfocusinthecontextoffinancewiththetoolsandtechniquestaughtinthis
courseenablingbusinessestomaximisethewealthofowners.

Objectives
Onsuccessfulcompletionofthiscourse,studentsshouldbeableto:

1.demonstrateanunderstandingofthedecisionsthatfinancialmanagersmustmakesuchascapitalbudgeting

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1.demonstrateanunderstandingofthedecisionsthatfinancialmanagersmustmakesuchascapitalbudgeting
andapplyrelevantfinancialtoolstomakebetterinformeddecisions
2.demonstrateanunderstandingofthemajorfinancialintermediariesandtheinstrumentsthataretradedin
financialmarketsandapplythoseinstrumentstorelevantbusinesssituations
3.discuss,analyse,evaluateandapplycoreconceptsoffinancialmanagement,includingthetimevalueof
money,capitalbudgeting,riskandreturn,andthecostofcapital
4.applytheconceptsandtoolsoffinancialmanagementtothesolutionofproblemsthatfacefinancial
managers
5.demonstratenumeracyskillsrequiredbyfinancialmanagersthroughtheuseandapplicationoffinancial
mathematics,includingpresentvalueandfuturevaluetechniques,tosolvefinancialmanagementproblems
6.analyseandcommunicatefinancialanalysisreportstoanaudienceofstakeholdersinapotentialprojector
decisionmakers
7.demonstrateanunderstandingandapplicationofspecialisedfinancialderivativemarketssuchasfuturesand
optionsandhowtheywork.

Topics
Description

Weighting(%)

1.

Anoverviewofthefinancialsystemandmarkets

5.00

2.

Financialstatementsandfinancialratios

15.00

3.

Timevalueofmoney

15.00

4.

Valuationofbondsandshares

10.00

5.

Capitalbudgeting

15.00

6.

Riskandreturn

10.00

7.

Costofcapital

15.00

8.

Anoverviewofderivativesmarket

15.00

Textandmaterialsrequiredtobepurchasedoraccessed
ALLtextbooksandmaterialsavailabletobepurchasedcanbesourcedfromUSQ'sOnlineBookshop(unless
otherwisestated).
(https://bookshop.usq.edu.au/bookweb/subject.cgi?year=2015&sem=03&subject1=FIN8201)
PleasecontactusforalternativepurchaseoptionsfromUSQBookshop.
(https://bookshop.usq.edu.au/contact/)
Berk,J,DeMarzo,P,Harford,J,Ford,G&Finch,N2011,Fundamentalsofcorporatefinance,PearsonEducation,
FrenchsForest,NewSouthWales.
(Chapters214only.)
Mishkin,FS&Eakins,SG2012,Financialmarketsandinstitutions,7thedn,PearsonEducationLimited,Edinburg
Gate,England.
(Chapters1and2only.)
Valentine,T,Ford,G,OHara,L&Sundmacher,M2011,Fundamentalsoffinancialmarketsandinstitutionsin
Australia,Pearson,FrenchsForest,NewSouthWales.
(Chapters7,10and11only.)
FIN8201Financeforexecutives,2015,2ndedncompiledfortheUniversityofSouthernQueenslandbyDom
PensieroandGlendaAdkins,PearsonAustralia.ThiscustompublicationcomprisesreadingsfromtheBerketal
text,Mishkin&Eakinstext,andValentineetaltext.
StudentsshouldnotethatONLYtheFIN8201custompublicationisrequiredtobepurchased.Itisavailablethrough
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StudentsshouldnotethatONLYtheFIN8201custompublicationisrequiredtobepurchased.Itisavailablethrough
theUSQBookshop.Ifyouchoosenottopurchasethecustompublication,youmaysubsequentlyfindyoucannot
purchasetheindividualtextsfromyourlocalsupplier/bookstoreoryoumayfindthatyouwillhavetopurchasethe
FULLversionofeachtextratherthanthesubstantiallycheaperandsmallercustomisedversion.Further,astexts
canbereleasedindifferingeditionsindifferentcountries,toavoidconfusion,thestudymaterialisspecificallywritten
totheeditionsofthetextsshownaboveandwhichareusedinthecustompublication.Insum,thecustom
publicationisstronglyrecommendedforallstudents.

Referencematerials
Referencematerialsarematerialsthat,ifaccessedbystudents,mayimprovetheirknowledgeandunderstandingof
thematerialinthecourseandenrichtheirlearningexperience.
Brooks,RM2010,Financialmanagement:coreconcepts,PrenticeHall,Boston,Massachusetts.
Eiteman,D,Rath,S&Daly,K2011,Multinationalbusinessfinance,2ndAustralianedn,PearsonAustralia,Frenchs
Forest,NewSouthWales.
Kidwell,D,Brimble,M,Basu,A,Lenten,L&Thompson,D2011,Financialmarkets,institutionsandmoney,2nd
edn,JohnWiley&Sons,Australia.
Madura,J2013,Financialmarketsandinstitutions,11thedn,SouthWesternCengageLearning,Mason,Ohio.
Parrino,R,Kidwell,DS,AuYong,HH,MorkelKingsbury,N,Dempsey,M&Murray,J2011,Fundamentalsof
corporatefinance,Australasianedn,JohnWiley&Sons,Milton,Queensland.

Studentworkloadrequirements
Activity

Hours

Assessments

25.00

DirectedStudy

50.00

PrivateStudy

90.00

Assessmentdetails
Description

Marksoutof Wtg(%)

DueDate

Notes

MINITEST1

10

10

16Nov2015 (seenote1)

MINITEST2

10

10

16Nov2015

MINITEST3

10

10

16Nov2015

MINITEST4

10

10

16Nov2015

2HOUREXAMINATION

60

60

EndS3

(seenote2)

NOTES
1.Thesubmissiondatefortheminitestswillbeadvisedatthecommencementofthesemester.Theminitests
aretobeadministeredthroughoutthesemesterandaretobecompletedonlinethroughtheStudyDesk.The
minitestswillconsistofmultiplechoicequestionsandcalculationquestions.RefertotheStudyDeskfor
details.
2.Thiswillbeanopenexamination.TheexaminationdatewillbeavailableviaUConnectwhentheofficial
examinationtimetablehasbeenreleased.
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Importantassessmentinformation
1.Attendancerequirements:
Online:IfyouareaninternationalstudentinAustralia,youareadvisedtoattendallclassesatyourcampus.
Forallotherstudents,therearenoattendancerequirementsforthiscourse.However,itisthestudents'
responsibilitytostudyallmaterialprovidedtothemorrequiredtobeaccessedbythemtomaximisetheir
chanceofmeetingtheobjectivesofthecourseandtobeinformedofcourserelatedactivitiesand
administration.
Oncampus:Itisthestudents'responsibilitytoattendandparticipateappropriatelyinallactivities(suchas
lectures,tutorials,laboratoriesandpracticalwork)scheduledforthem,andtostudyallmaterialprovidedto
themorrequiredtobeaccessedbythemtomaximisetheirchanceofmeetingtheobjectivesofthecourse
andtobeinformedofcourserelatedactivitiesandadministration.
2.Requirementsforstudentstocompleteeachassessmentitemsatisfactorily:
Tosatisfactorilycompleteanindividualassessmentitemastudentmustachieveatleast50%ofthemarks.
(DependingupontherequirementsinStatement4below,studentsmaynothavetosatisfactorilycomplete
eachassessmentitemtoreceiveapassinggradeinthiscourse.)
3.Penaltiesforlatesubmissionofrequiredwork:
StudentsshouldrefertotheAssessmentProcedurehttp://policy.usq.edu.au/documents.php?id=14749PL
(point4.2.4)
4.Requirementsforstudenttobeawardedapassinggradeinthecourse:
Tobeassuredofreceivingapassinggradeastudentmustachieveatleast50%ofthetotalweightedmarks
availableforthecourse.
5.Methodusedtocombineassessmentresultstoattainfinalgrade:
Thefinalgradesforstudentswillbeassignedonthebasisoftheaggregateoftheweightedmarksobtained
foreachofthesummativeassessmentitemsinthecourse.
6.Examinationinformation:
Thiswillbeanopenexamination.Candidatesmayhaveaccesstoanyprintedorwrittenmaterialanda
calculatorduringtheexamination.
7.ExaminationperiodwhenDeferred/Supplementaryexaminationswillbeheld:
AnyDeferredorSupplementaryexaminationsforthiscoursewillbeheldduringthenextexaminationperiod.
8.UniversityStudentPolicies:
StudentsshouldreadtheUSQpolicies:Definitions,AssessmentandStudentAcademicMisconducttoavoid
actionswhichmightcontraveneUniversitypoliciesandpractices.Thesepoliciescanbefoundat
http://policy.usq.edu.au.

CRICOS:QLD00244B|NSW02225M|UniversityofSouthernQueensland|Updated19July2016

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