Advanced Finance

Unit code: BAO7001 | Study level: Postgraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
City Campus
VU Online
Prerequisites
N/A
Overview
Enquire

Overview

This unit explores advanced financial decisions of corporate managers. The unit expands on the traditional project evaluation criteria by introducing real options and valuation techniques in the presence of uncertainty. Students will demonstrate the correct use of debt and equity as financing instruments and how to assess leases and evaluate exposures to risk. The unit also provides examples of how to hedge a company’s cash flow and balance sheet from both domestic and international exposures. Students are exposed to authentic case studies to demonstrate the application of advanced financial decision making to real-life examples using research methodologies and data sets in corporate finance research. Through case study research, students will propose how organisations can employ different risk management instruments to hedge against financial risks

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Explicate research methodologies and data sets commonly utilised in research in corporate finance;
  2. Critically evaluate issues that arise when raising debt finance and leasing arrangements;
  3. Justify financial decision-making through demonstration of correct use of analytical tools and frameworks;
  4. Critically review and evaluate the exposures to risk; and,
  5. Propose how organisation can employ different risk management instruments to hedge against financial risks.
  6. Participate in an academic community through reflective and critical engagement in academic texts and understanding of principles of academic integrity.

Assessment

For Melbourne campuses

Assessment type: Assignment
|
Grade: 30%
A research assignment on financial data on raising capital
Assessment type: Case Study
|
Grade: 30%
Case Study on Strategic Financial management
Assessment type: Project
|
Grade: 40%
Develop a financial plan and perform risk assessment of a project
Assessment type: Other
|
Grade: 0%
Evidence of completion of the Academic Integrity Modules (Hurdle)

Other locations

For students studying at VU Online
Assessment type: Assignment
|
Grade: 10%
Raising debt finance (500 words)
Assessment type: Case Study
|
Grade: 40%
Application of advanced financial decision making to real-life business examples (2000 words)
Assessment type: Exercise
|
Grade: 50%
Appropriate use of debt and equity financing instruments (2500 words)
Assessment type: Other
|
Grade: 0%
Evidence of completion of the Academic Integrity Modules (Hurdle)

The methods of teaching will be learner-centred and will incorporate classroom activities, workshops, inquiry activities, on-line discussion and peer discourse as the basis for sharing information and experiences. Students will work individually and collaboratively to review literature, design data collection instruments, and analyse data. Web-based learning support will provide links to resources necessary for planning and conducting research.

REQUIRED TEXTS:Selected readings form the VU Library will be made available via the unit VU Collaborate site. There is no prescribed text for this unit, as it emphasises experiential and student-centred learning.

Required reading

Principles of corporate finance
Brealey, R.A., Myers, S.C., & Allen, F. (2020).| McGraw-Hill Education.

As part of a course

This unit is studied as part of the following course(s):

Graduate Certificate in Business
BTBU | Graduate certificate | Duration: 8 months
Graduate Certificate in Finance
BTFF | Graduate certificate | Duration: 8 months

Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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