Please note - Swinburne University of Technology

A
BC~I 3 Investment Analysis
No. of hours per week: two and a quarter hours
Prerequisites: see Graduate Certificate in Taxation
and Finance
Instruction: lectures and class discussion of issues
and problems
Assessment: class presentations 30%,
assignments 30%, examination 40%
Subject aims
The broad objective of this unit is to help participants learn
how to manage their money and develop the skills to be
better able to advise others in managing their investments.
More specifically, the unit objectives are:
to acquaint participants with the various avenues for the
investment of funds, 'including shares, fixed-interest
securities and property;
to review the impact of taxation on investment planning;
to consider the fundamental principles of modern
portfolio theory;
to consider the process of portfolio selection and
ongoing inwstment strategies.
Subject description
Various topics including investment and financial planning,
role of the stock exchange, investment in shares, fixed
interest securities, property investment, tax implications of
investment strategies, options and conwrtible securities,
portfolio theory management evaluation and investment
advice.
References
Bruce. R., McKern, 8.. Pallard, I. and Skully, M., Handbook of
Australian Corporate Finance, 4th ed, Sydney: Butterworths, 1992
Carew, E., Fast Money 3, Sydney: Allen and Unwin, 1991
Peirson, G., Bird. R., Brown. R: and Howard, P., Business Finance, 5th
u ed, Sydney: McGraw-Hill, 1990
2 Van Horne, J., Davis, K., Nicol, R. and Wright, K., Financial
Management and fblicy in Australia, 4th ed, Melbourne: Prentice-
--1
, Hall, 1992
8
~ ~ 5 0 3 Introduction to Financial Management
No. of hours per week: two hours
Prerequisite: nil
Assessment: assignment(s) and examination
A first-year unit in the graduate diploma course in business
administration.
Subject aims
The objectives of the unit are firstly to develop the student's
ability to understand, interpret and use financial statements
as an information source and secondly to develop in the
student an undentanding of the accounting information
system which exists within an organisation for the purpose
of supplying relevant and timely information for
management decision making.
No prior knowledge of accounting is assumed.
Applicants who have previously studied accounting at a
tertiary level or are working as accountants are precluded
from taking this unit.
Subject description
Topics include:
management planning and decision making;
accountins models and the reporting system;
basic rep& analysis and interpretation;
asset valuation and reporting;
cost behaviour and classification;
information and decision making - short and long run;
performance reporting and evaluation;
References
Bell, A. (ed) lnhoduaory Accounting and Finance. South Melbourne:
Nelson, 1990
Gaffikin et ab, Principles of Accounting. Australian 3rd ed, Sydney:
Harcourt Brace Jovanwich, 1993
Higgins, R.C., Analysis for Financial Management. 3rd ed,
Homewood. Illinois: Irwin, 1992
Hoggett. J.R. and Edwards. L. Accounting in Australia. 2nd ed, rw.
and updated, Brisbane: Wiley, 1992
Horngren, C.T. and Foster, G. Cost Accounting: A Managerial
Emphasis 7th rev. ed, New Jersey: Prentice-Hall Inc., 1991
BC504 Corporate Financial Management 1
Subject aims
to develop an understanding of finance theory and its
relationship to the firm;
to develop an appreciation of the derivation and
interpretation of financial statements;
to examine the investment and financing decisions of the
firm emphasising the trade-off between risk and return.
Subject description
Topics include:
understanding financial statements;
valuation concepts;
capital structure;
the cost of capital;
capital asset pricing model;
investrnent appraisal;
risk analysis.
Textbook
Brealey, R. and Myers, 5. Principles of Corporate Finance. 4th ed, New
York: McGraw-Hill, 1991
BC505 Corporate Financial Management 2
Prerequisite: students enrolled in this unit are
expected to have passed BC504 Corporate
Financial Management 1
Subject aims
This unit is designed to develop an understanding of the
way in which firms plan and manage their financing and
investment strategies.
Subject description
Strategic planning - commitment of resources to profitable
activities. Fund flow analysis; cash flow analysis - testing for
cash inadequacy, cash insolvency.
Financing techniques, managing liabilities.
Control of short-term assets.
Prediction of financial distress and corporate failure.
Analysis of take-overs and mergers.
Determination and evaluation of the firm's financing and
investment strategies, e.g. financial mobility, leasing. project
financing, divestments.
References
Brealey, R. and Myers, 5. Principles of Corporate Finance. 4th ed, New
York: McGraw-Hill, 1991
Bruce. R., McKern, V., Pbllard, I., and Skully, M. Handbook of
Australian Corporate Finance. 4th ed, Sydney: Butterworths, 1991
Shapiro, A.C. Modern Corporate Finance. New York: Macmillan, 1990
BC604 Financial Structures and Policy
Prerequisite: a pass or preclusion from BC503
Introduction to Financial Management
Subject aims
The general objective is to develop an understanding of
financial theory so that the student can evaluate the firm's
investment, financing and dividend decisions in keeping with
an objective of maximising shareholder wealth, together
with providing students with the means of applying