Please note - Swinburne University of Technology

analytical techniques to solve a wide variety of problems
involving financial decisions.
Subject description
In particular, the topic coverage includes:
financial statement analysis;
working capital management;
concepts of valuation;
cost of capital;
sources of finance;
capital structure and leverage;
business combinations.
Textbook
Higgins, R.C. Analysis for Financial Management. 3rd ed, Homewood,
Ill.: Irwin, 1992
References
Bruce, R.. McKern. 8.. Pollard, I. and Skully, M. Handbook of
Australian Corporate Finance. 4th ed, Sydney: Buttewrths, 1992
Peirson, G.C., Bird, R.G., Brown, R. and Howard, P Businerr finance,
5th ed, Sydney: McGraw-Hill, 1990
Van Horne, J.G., Davis, K., Nicol, R.E.G. and Wright. F.K. FinancMl
Management and blicy in Australia. 4th ed, Sydney: Prentice-Hall,
1991
Weston, J.F. and Brigham, E.F. Essentials of Managerial Fhance. 10th
ed, Sydney: Dryden Press, 1993
~ ~ 6 0 5 Investment Management
Prerequisites: no formal prerequisites are specified;
candidates usually would have completed the first year of
the course
Subject aims
to acquaint the student with the various securities and
funds available to corporate investment;
to introduce the use of financial and other information in
the evaluation of alternative investment media;
to consider the selection of an appropriate investment
portfolio and the management of that portfolio.
Textbook
Haugen, R.A. Modern Investment Theory 3rd ed, EnglRNood Cliffs,
N.J.: Prentice-Hall, 1993
References
Ball, R., Brown, R., Finn, F. and Officer, R. Share Markets - bmolio
~heory. 2nd ed, St. Lucia, Qld.: Univ. of Qld., 1989
Francis, J.C. Investments - Analysis and Management. 4th ed, New
York: McGraw Hill International Editions, 1986
Jacob, N.L. and Pettit, R.R. Investments. Homewood, Ill.: Irwin, 1984
Sharpe, W.F. Investments. 4th ed, Englewood Cliffs. New Jersey:
Prentice-Hall, 1990
BC606 Current Developments in Corporate
Finance
Subject aims
The unit represents a coverage of contemporary issues in the
area of corporate finance. Issues are presented by
experienced professionals working in the area thus it is very
much a pragmatic unit.
Subject description
The unit is conducted on a seminar basis with ample
opportunity given for interaction with the visiting speakers.
Because of the nature of the unit issues considered vary
from year to year but the following list indicates topics
recently covered:
borrowing off-shore;
rating commercial paper;
foreign exchange management;
equity raising;
take-over activity;
taxation implications for financing;
regulation;
competitive advantage;
financing techniques.
References
A selection of articles as detailed each session by the session leader
BC612 Forecasting and the Planning Process
No. of hours per week: two hours
Prerequisites: this is a capstone unit and assumes
that students have completed all compulsory
units
Assessment: individual tutorial presentation lo%,
individual assignments (2 x 10%) 20%. group
assignments (2 x 15%) 30%, individual or group
project 40%
Instruction: combination of formal lectures.
tutorials and practical sessions as required.
Computer laboratoty facilities for both micro and
mainframe computers will be used during the
practical sessions. R is envisaged that from time
to time, practitioners will be brought in as guest
lecturers for this unit
Recognition of prior learning
The nature of this unit does not permit credit transfer
arrangements from other courses.
Subject aims
To provide the participant with an opportunity to integrate
knowledge gained from the other units taken within the
course by giving participants a proper perspective of the role
and importance of the modelling and forecasting function of
a corporate entity.
To introduce the major concepts and issues involved in the
development of a corporate plan and to develop the role of
modelling together with the decision making process in the
formulation of such a plan.
To allow participants, via a project within a particular
industry, to experience the process of corporate planning -
from the critical generation of the various forecasts through
to the- final implementation.
To develop, from the corporate plan, a series of lower level
plans e.g. product development plan, capital budgeting plan,
using applicable database sources and relevant forecasting
methodologies.
Subject description
Corporate planning, the basics
Analysis of current position. Development of corporate
goals/objectives. Determination and analysis of corporate
strategies. Development of corporate plan through selection
of appropriate strategies. Integration plan for planning
subsets.
InTormation requirements
Management infomation systems concepts, data base
implications, data sources, historic and projections
environmental considerations.
Application areas
Market analysis, financial modelling, budgeting and
technological implications.
Textbook
No set text. A selection of readings from the reference material