7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 1/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 1/12

FINM3401 - Sem 2 2014 - St Lucia - Internal

Authenticated ViewPrinted: 27 July 2014, 06:48PM

This printed course profile is valid at the date and time specified above. The course profile may be subject tochange during the semester – the online version is the authoritative version.

1. General Course Information

1.1 Course Details

Course Code: FINM3401 Course Title: Corporate FinanceCoordinating Unit: School of BusinessSemester: Semester 2, 2014 Mode: InternalLevel: UndergraduateLocation: St LuciaNumber of Units: 2 Contact Hours Per Week: 2L2TPre-Requisites: FINM2401Restrictions: Quota: Minimum of 35 enrolmentsIncompatible: FINM7402

Course Description: In-depth analysis of financial issues confronting most companies. Strong focus onapplication & practical relevance. Topics include valuation & project analysis, real option valuation, capitalraising, financing & dividend policy, risk management & corporate strategy.Assumed Background:Students are expected to have a thorough knowledge of all material covered in an introductory financecourse, or comparable breadth and difficulty to FINM2401 Finance. I emphasise the words "thoroughknowledge" of this material. Students who enrol in Corporate Finance without this knowledge find thecourse extremely difficult and have a significantly lower probability of successful completion.

1.2 Course Introduction

This course covers five major topics in corporate finance:

1. transactions (such as initial public offerings and mergers & acquisitions),2. capital structure,3. discounted cash flow valuation;4. risk management; and5. real options valuation.

The aim is to provide a deep understanding of the theory that forms the basis of corporate finance andhow this can be applied to "real world" issues.

Before attempting this course, students are advised that it is important to complete the appropriateprerequisite course(s) listed on the front of this course profile. No responsibility will be accepted by theSchool of Business, the Faculty of Business, Economics and Law or the University of Queensland forpoor student performance occurring in courses where the appropriate prerequisite(s) has/have notbeen completed, for any reason whatsoever.

Course Changes in Response to Previous Student Feedback

Not Applicable.

1.3 Course Staff

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 2/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 2/12

Course Coordinator: Dr Caroline Chen Email: x.chen@business.uq.edu.au Campus: St Lucia Building: Joyce Ackroyd Building (Map) Room: 409

Lecturer: Dr Caroline ChenPhone: 3346 8108 Email: x.chen@business.uq.edu.au Campus: St Lucia Building: Joyce Ackroyd Building (Map) Room: 409

Associate Lecturer: Dr Farida Akhtar Email: f.akhtar@business.uq.edu.au Campus: St Lucia Building: Joyce Ackroyd Building (Map) Room: 410

1.4 Timetable

Timetables are available on mySI-net .

Additional Timetable InformationIt is important that you sign-up for a lecture and tutorial. Please check si-net for the Lecture andTutorial timetable and sign-up for a lecture and Tutorial that works best for your schedule. Also notethat sign-up is done on a first-come-first-served basis.

2. Aims, Objectives & Graduate Attributes

2.1 Course Aims

This course covers the major topics in Corporate Finance such as Capital Structure, Dividend Policy, RealOptions, and Initial Public Offerings. The aim is to provide a deep understanding of the theory that formsthe basis of corporate finance and how this can be applied to "real world" issues.

2.2 Learning Objectives

After successfully completing this course you should be able to:

1 Analyse whether a proposed corporate transaction is in the best interests of the firm'sshareholders.

2 Estimate a firm's weighted average cost of capital under classical and imputation systems;and analyse the relationship between capital structure, the cost of capital and value.3 Perform a discounted cash flow valuation and analyse its sensitivity to alternative assumptionsunderlying its cash flows and discount rate.4 Estimate the impact on a firm's cash flows from implementing a risk management policy usingforwards, futures and options contracts; and estimate the intrinsic value of those contracts.5 Identify real options which are likely to affect firm value and perform a real options valuation.6 Determine the ways to finance projects

2.3. Graduate Attributes

Successfully completing this course will contribute to the recognition of your attainment of the followingUQ (Undergrad Pass) graduate attributes:

GRADUATE ATTRIBUTE LEARNINGOBJECTIVES

A. IN-DEPTH KNOWLEDGE OF THE FIELD OF STUDY

A1. A comprehensive and well-founded knowledge in the field of study. 1, 2, 3, 4, 5, 6

A4. An understanding of how other disciplines relate to the field of study. 1, 2, 3, 4, 5, 6

A5. An international perspective on the field of study. 1, 2, 3, 4, 5, 6

B. EFFECTIVE COMMUNICATION

B1. The ability to collect, analyse and organise information and ideas andto convey those ideas clearly and fluently, in both written and spokenforms.

1, 2, 3, 4, 5, 6

B2. The ability to interact effectively with others in order to work towards a

common outcome.

B3. The ability to select and use the appropriate level, style and means of communication.

1, 2, 3, 4, 5, 6

B4. The ability to engage effectively and appropriately with informationand communication technologies.

1, 2, 3, 4, 5, 6

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 3/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 3/12

C. INDEPENDENCE AND CREATIVITY

C1. The ability to work and learn independently. 1, 2, 3, 4, 5, 6

C3. The ability to generate ideas and adapt innovatively to changingenvironments.

1, 2, 3, 4, 5, 6

C4. The ability to identify problems, create solutions, innovate andimprove current practices.

1, 2, 3, 4, 5, 6

D. CRITICAL JUDGEMENT

D1. The ability to define and analyse problems. 1, 2, 3, 4, 5, 6

D2. The ability to apply critical reasoning to issues through independentthought and informed judgement.

1, 2, 3, 4, 5, 6

D3. The ability to evaluate opinions, make decisions and to reflectcritically on the justifications for decisions.

1, 2, 3, 4, 5, 6

E. ETHICAL AND SOCIAL UNDERSTANDING

E1. An understanding of social and civic responsibility.

E2. An appreciation of the philosophical and social contexts of adiscipline.

1, 2, 3, 4, 5, 6

E4. A knowledge and respect of ethics and ethical standards in relation toa major area of study.

1, 2, 3, 4, 5, 6

E5. A knowledge of other cultures and times and an appreciation of

cultural diversity.

3. Learning Resources

3.1 Required Resources

Jonathan Berk and Peter DeMarzo - Corporate Finance, 3rd edition, Pearson.

Additional readings, notes, problems and spreadsheets will be posted to the course website.

3.2 Recommended Resources

Not applicable.

3.3 University Learning Resources

Access to required and recommended resources, plus past central exam papers, is available at the UQLibrary website (http://www.library.uq.edu.au/lr/FINM3401).

The University offers a range of resources and services to support student learning. Details are

available on the myServices website (https://student.my.uq.edu.au/).

3.4 School of Business Learning Resources

Not applicable.

3.5 Other Learning Resources & Information

All courses are supported by the UQ Learning Management System, Blackboard Learn, which providesan interactive environment for the students and teachers. This is accessible via PC or Mac or Mobile(Apps) environment.To log on to Blackboard, go to https://learn.uq.edu.au.

As Blackboard is a web‐

based application, you will need a recently‐

released browser for your computer.For a current list of supported browsers see https://help.blackboard.com/en-

us/Learn/9.1_SP_12_and_SP_13/Student/040_Browser_Support_for_SP_13 .

The latest browsers are available online from the UQconnect website athttp://uqconnect.net/helpdesk/downloads or on the free CDs available from Ask I.T. and UQconnectdesks. Contact Ask I.T. on (07) 3365 8811 http://www.library.uq.edu.au/ask‐it or UQconnect on (07)

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 4/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 4/12

3365 6000.

4. Teaching & Learning Activities

4.1 Learning Activities

Date Lecture Tutorial

28 Jul -3 Aug

Mon - FriCapital Budgeting

Learning Objectives: 1, 3Readings/Ref: Book (Chapter 4, 7, 8 and

sections 22.5-6);

4 Aug -10 Aug

Mon - FriCost of Capital

Learning Objectives: 2Readings/Ref: Book (Chapter 12 and

sections 5.3 and 8.1);

Mon - FriTutorial 1: Capital Budgeting

Learning Objectives: 1, 3Readings/Ref: Book (Chapter 4, 7, 8 and

Sections 22.5-6);

11 Aug -17 Aug

Mon - FriNo Lecture: due to public holiday

Mon - FriTutorial 2: Cost of Capital

Learning Objectives: 2Readings/Ref: Book (Chapter 12 and

sections 5.3 and 8.1);

18 Aug -24 Aug

Mon - FriFinancial Options

Learning Objectives: 4Readings/Ref: Book (Chapter 20, Section

21.2);

Mon - FriTutorial 3: questions covering Lecture 1 & 2

Learning Objectives: 1, 2, 3

25 Aug -31 Aug

Mon - FriReal Options: Asset Options

Learning Objectives: 5Readings/Ref: Book (Chapters 22);

Mon - FriTutorial 4: Financial Options

Learning Objectives: 4Readings/Ref: Book (chapter 20, Section

21.2);

1 Sep -7 Sep

Mon - FriCapital Structure I: in a perfect world

Learning Objectives: 6Readings/Ref: Book (Chapters 14);

Mon - FriTutorial 5: Real Options

Learning Objectives: 5Readings/Ref: Book (Chapter 22);

8 Sep -14 Sep

Mon - FriCapital structure II: with taxes

Learning Objectives: 6Readings/Ref: Book (Chapter 15);

Mon - FriTutorial 6: Capital Structure I

Learning Objectives: 6Readings/Ref: Book (Chapter 14);

15 Sep -21 Sep

Mon - FriCapital Structure III: Financial distress

costs, agency costs & agency benefitsLearning Objectives: 6

Readings/Ref: Book (Chapter 16);

Mon - FriTutorial 7: Capital Structure II

Learning Objectives: 6Readings/Ref: Book (Chapter 15);

22 Sep -28 Sep

Mon - FriPayout Policy

Learning Objectives: 2, 6

Readings/Ref: Book (Chapter 17);

Mon - FriTutorial 8: Capital Structure III

Learning Objectives: 6

Readings/Ref: Book (Chapter 16);

29 Sep -5 Oct

Mon - FriTeaching Break: No Lecture

Mon - FriTeaching Break: No Tutorial

6 Oct -12 Oct

Mon - FriNo Lecture: due to public holiday

Mon - FriTutorial 9: Payout PolicyLearning Objectives: 2, 6

Readings/Ref: Book (Chapter 17);

13 Oct -19 Oct

Mon - FriEquity & Debt

Learning Objectives: 6Readings/Ref: Book (Chapter 23 and 24);

Mon - FriTutorial 10:: questions covering Lecture 3 to

8Learning Objectives: 2, 4, 5, 6

20 Oct -26 Oct

Mon - FriMergers and Acquisitions

Learning Objectives: 1Readings/Ref: Book (Chapter 28);

Mon - FriTutorial 11: Equity & Debt

Learning Objectives: 6Readings/Ref: Book (Chapter 23 & 24);

27 Oct -2 Nov

Mon - FriReview Lecture

Learning Objectives: 1, 2, 3, 4, 5, 6

Mon - FriTutorial 12: Mergers & Acquisitions

Learning Objectives: 1Readings/Ref: Book (Chapter 28);

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 5/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 5/12

4.2 Other Teaching and Learning Activities Information

Tutorial/Small Group SessionsTutorials/Small group sessions in this course are conducted each week commencing in Teaching Week2. Class sizes are limited. Times and registration for these sessions are available through mySI-Net.You must sign on for your preferred session electronically. Should you experience problems, pleasecontact the teaching staff in Teaching Week 1. Once you are included in a group, you should attend thatgroup only each week. Changes will be permitted only in exceptional circumstances, and only afterdiscussion with teaching staff. It is the Course Coordinator's expectation that tutorials in this course will

be conducted in a professional and conscientious manner.

ConsultationTeaching staff are there to assist you. Staff members have set consultation times during which you maysee them without making an appointment. Consultation times for staff are posted on the course websiteand on individual staff member's doors. Consultation outside of these times is by appointment only. If you have questions or points that require clarification, you may visit during consultation times. If staff members are unavailable, leave a message with your name and telephone number or send them anemail. Where applicable, you may also use the course's online Discussions to seek assistance from bothyour peers and staff. Messages will be posted on this medium regularly and you must take the time toread these each week. All content related discussions (ie announcements about the course) will takeplace in the Main topic that is a public forum that everyone in the course is able to access and read.

Administration

All content related questions and specific questions re the administration of this course should, in thefirst instance be directed to the tutor/s involved in delivery of the course. Content matters that cannotbe dealt with by the tutor should then be referred to the course co-ordinator. General administrativequestions (for example centrally timetabled exams, room venues, etc) may be addressed to the UQBusiness School Office on Level 2 Colin Clark Building, St Lucia Campus.

5. Assessment

5.1 Assessment Summary

This is a summary of the assessment in the course. For detailed information on each assessment, see 5.5Assessment Detail below.

Assessment Task Due Date Weighting Learning

Objectives

Exam - Mid Semester OutsideScheduled Class

Mid-semester examTB A - S ept 6th, 13th or 20th 35% 1, 2, 3, 4, 5

Exam - during Exam Period (Central)

Final examExamination Period 65% 1, 2, 3, 4, 5, 6

5.2 Course Grading

Grade X: No assessable work received.

Grade 1, Fail: Fails to demonstrate most or all of the basic requirements of the course:-

Grade 2, Fail: Demonstrates clear deficiencies in understanding and applying fundamental concepts;communicates information or ideas in ways that are frequently incomplete or confusing and give littleattention to the conventions of the discipline:-

Grade 3, Fail: Demonstrates superficial or partial or faulty understanding of the fundamental concepts of the field of study and limited ability to apply these concepts; presents undeveloped or inappropriate orunsupported arguments; communicates information or ideas with lack of clarity and inconsistentadherence to the conventions of the discipline:-

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 6/12

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 7/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 7/12

Midsemester ExaminationsA student who fails to sit the mid-semester examination and/or the multiple choice test at the scheduledtimes will be awarded a mark of zero, unless the Head of School is supplied with an “Application for aDeferred Mid-semester Examination” with appropriate documentation satisfactorily explaining thestudent's absence. The application must be submitted either prior to the scheduled date of the mid-semester exam, or no later than five days after the mid-semester examination. The deferred mid-semester examinations will take place on Saturday 11 October 2014. All deferred midsemesterexaminations within the Business School will take place on this date. A timetable for the deferred mid-semester examinations will be available early in the week commencing 7 October 2014.

This will be the only opportunity to take the deferred mid-semester examination. Any student who is

granted a deferred mid-semester examination and who fails to attend at the appointed time and placewill be awarded a mark of zero as per the University’s General Award Rules. The process for applyingfor deferred mid-semester exams is as follows:

1. Applications for deferred mid-semester examinations must be made online through Si-Net.Information about the process of applying and the online form can be found via mySi-net >myRequests > Deferred Examination Requests.

2. You will receive an email to your student email account (within 3 business days) indicating whetheror not your application has been approved.

3. Any enquiries regarding mid-semester deferred ex aminations should be directed to theExaminations Officer, exams.officer@business.uq.edu.au.

Saturday midsemester examination dates:

Saturday 6 September 2014Saturday 13 September 2014Saturday 20 September 2014

Final ExaminationsA student who is unable to sit or complete a scheduled final examination must apply for a deferredexamination no later than 5 days after the date the original examination was held. Applications shouldbe lodged at a Student Centre. Faculties may approve applications for deferred examinations under thebroad headings medical, compassionate or exceptional circumstances. Deferred examinations are notautomatically granted. For further information (such as evidence required and time limits) please seeMyAdvisor http://www.uq.edu.au/myadvisor/index.html?page=2995 .

SUPPLEMENTARY ASSESSMENTSupplementary assessment is an additional opportunity to demonstrate that the learning requirementsfor the course have been satisfied and that the graduate attributes for the course have been attained.Supplementary assessment will be granted only where the General Award Rules and Program Rules

allow.For all UQ Business School courses supplementary assessment is weighted at 100% and covers thelearning outcomes for the course. This means that the marks obtained for any progressive assessmentthroughout the semester are disregarded and the final result for the course is based entirely on theperformance in the supplementary assessment.

The highest grade that can be received for supplementary assessment is a grade of 4.

For further information on supplementary assessment please see My Advisorhttp://www.uq.edu.au/myadvisor/?page=2954.

CALCULATOR POLICYIf a calculator is permitted for use in an examination in this course, the calculator must comply with theUniversity of Queensland Calculator Scheme. Where calculators are permitted for use in theexamination, students are advised to ensure that the calculator complies with the type nominated by

your course coordinator. Unless the type is unrestricted, the calculator must be either a Casio FX82series calculator, or have an 'approved label' attached which can be obtained from the Student Centre.Please refer to myAdvisor site http://www.uq.edu.au/myadvisor/exam-calculators for information onthe use of calculators in examinations.

5.5 Assessment Detail

Mid-semester examType: Exam - Mid Semester Outside Scheduled Class

Learning Objectives Assessed: 1, 2, 3, 4, 5

Due Date:

TBA - Sept 6th, 13th or 20th

Weight: 35%

Reading: 10 minutes

Duration: 90 minutes

Format: Multiple-choice

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 8/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 8/12

Task Description:

The mid-semester exam will be held on one of three saturdays set aside by the university for Mid-

Semester test. These dates are: 6th September, 13th September or 20th September. The exact exam

date is to be confirmed. Announcement will be made on Blackboard to confirm the coverage of the mid-

semester exam once the exam date is confirmed.

If you are unable to sit the exam because of illness or other valid reasons, you need to follow UQ

Business School's procedure relating to Deferred Exams.

Criteria & Marking:

Multiple choice questions will be marked by computer. The problems in the textbook are easier than you

can expect on the exams. The problems in the textbook are basic questions and require little

application. ;Use these to test your knowledge of the basics before moving on to more challenging

questions.

Final examType: Exam - during Exam Period (Central)

Learning Objectives Assessed: 1, 2, 3, 4, 5, 6

Due Date:

Examination PeriodWeight: 65%

Reading: 10 minutes

Duration: 120 minutes

Format: Short answer, Problem solving

Task Description:

All topics are examinable. The final exam will consist of short answer and problem solving questions.

Criteria & Marking:

Short answer and problem solving questions are marked based on student's working and final answers.

Partial credit is given for right method. The problems in the textbook are easier than you can expect on

the exams. The problems in the textbook are basic questions and require little application. Use these totest your knowledge of the basics before moving on to more challenging questions.

6. Policies & Guidelines This section contains the details of and links to the most relevant policies and course guidelines. Forfurther details on University Policies please visit my Advisor and the Policy and Procedures Library.

6.1 Assessment Related Policies and Guidelines

University Policies & Guidelines

An overview of the University’s assessment-related policies can be found on myAdvisor(http://www.uq.edu.au/myadvisor/index.html?page=2910 ).

Academic IntegrityIt is the University's task to encourage ethical scholarship and to inform students and staff aboutthe institutional standards of academic behaviour expected of them in learning, teaching andresearch. Students have a responsibility to maintain the highest standards of academic integrity intheir work. Students must not cheat in examinations or other forms of assessment and must ensurethey do not plagiarise.

PlagiarismThe University has adopted the following definition of plagiarism:

Plagiarism is the act of misrepresenting as one's own original work the ideas, interpretations,words or creative works of another. These include published and unpublished documents,designs, music, sounds, images, photographs, computer codes and ideas gained throughworking in a group. These ideas, interpretations, words or works may be found in printand/or electronic media.

Students are encouraged to read the UQ Student Integrity and Misconduct policy

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 9/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 9/12

(http://ppl.app.uq.edu.au/content/3.60.04-student-integrity-and-misconduct) which makes acomprehensive statement about the University's approach to plagiarism, including the approved useof plagiarism detection software, the consequences of plagiarism and the principles associated withpreventing plagiarism.

Applications for Extensions

Medical grounds: Applications for extension on medical grounds shall be made by lodging theApplication for Extension of Progressive Assessment form and supporting documentation at thelocation outlined in Section 5.3 of the Electronic Course Profile for the course concerned.Exceptional circumstances: Applications for extension on the grounds of exceptionalcircumstances shall be made to the relevant Course Coordinator/Program Director by lodgingthe Application for Extension of Progressive Assessment form and a personal statementoutlining the grounds for the application at the location and by the due date outlined in Section5.3 of the Electronic Course Profile for the course in which this application is made. If theexceptional circumstances are such that the student cannot reasonably be expected to havecomplied with these conditions, a case should be made as to why these conditions could not bemet.Outcome of application: Students will be advised of the outcome of their application via theirstudent email.

Feedback on AssessmentFeedback is essential to effective learning and students can expect toreceive appropriate and timely feedback on all assessment. For a detailed explanation of thefeedback you are entitled to, you should consult the policy on Student Access to Feedback onAssessment. (https://ppl.app.uq.edu.au/content/3.10.02-assessment)

As a student you have a responsibility to incorporate feedback into your learning; make use of theassessment criteria that you are given; be aware of the rules, policies and other documents relatedto assessment; and provide teachers with feedback on their assessment practices.

There are certain steps you can take if you feel your result does not reflect your performance.Please refer to the myAdvisor web site. (http://www.uq.edu.au/myadvisor/index.html?page=2953 )

School of Business Assessment Guidelines

School of Business Assessment Guidelines

Student Notices are posted progressively on the UQ Business School websitehttp://www.business.uq.edu.au/student_notices

Reviewing AssessmentThe Assessment Viewing Register procedures are:

1. Go to Current Student – Student Notices – Exam Vie wing – online form her e then log in.2. Students should log in using their normal UQ name (e.g. s9990000) and password.

Policy on Consultation for Progressive AssessmentWhilst staff members are genuinely sympathetic to assessment grievances, individual reviews of progressive assessment are not feasible on a large scale. Accordingly, following the release of

marks, consultation will be strictly limited as follows:

Students will be seen only in designated consultation hours, or by appointment.No consultation will occur on the day of the release of marks.The consultation period will be limited.Priority at all times will be given to those students who did not achieve the pass mark for thatpiece of assessment.

Perusal of Final Examination PapersStudents are permitted to peruse their final examination papers but should note that this is not anopportunity to seek remarking of papers.

The sessions are scheduled during weeks 1 and 2 of the teaching week in both semester one andtwo; and in the case of summer examinations during weeks 1 and 2 in the following semester one.

The only opportunity for students to view their final exam paper is during the above sessions.Exam papers cannot be viewed by approaching individual staff outside of these times, exceptfor prospective graduands.Students completing their final courses and graduating may wish to see their final exam beforegraduation.Such cases are handled on a case-by-case basis with the individual staff member.The student will be given their exam paper and the suggested answers (or the marking guide)

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 10/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 10/12

which they may view on site.No exam papers may be taken out of the viewing room.No bags may be taken into the viewing room.At the time of viewing the exam papers, the Course Coordinator or their authorised delegatemust be available in the viewing room.

Appeal Against ResultsShould a student feel that the mark allocated does not reflect the standard of her/his work, thenshe/he is encouraged to discuss the matter with the Course Coordinator. In the event of course-based disputes not being resolved with the Course Coordinator, the student may appeal to therelevant Head of School and then the Associate Dean Academic of the BEL Faculty.

6.2 Other Policies and Guidelines

University Policies and Guidelines

Placement CoursesStudents on a placement course – also known as a work placement, internship, industry study,industry experience, clinical practice, clinical placement, practical work, practicum, fieldwork,teaching practice – should refer to the University policy, Placement Courses(https://ppl.app.uq.edu.au/content/3.10.04-placement-courses ) for detailed information. Working with ChildrenStudents whose studies include a professional/work placement, internship, clinical practice, teaching

practice or other similar activity which involves them in regular contact with children should refer tothe University policy, Working with Children Check - "blue card"(http://ppl.app.uq.edu.au/content/1.60.07-working-children) to find out how to apply for a ‘blue card’. Students with a DisabilityAny student with a disability who may require alternative academic arrangements, includingassessment, in the course/program is encouraged to seek advice at the commencement of thesemester from a Disability Advisor at Student Services. Refer to the University policy, Students with aDisability (Disability Action Plan) (https://ppl.app.uq.edu.au/content/3.50.08-alternative-academic-arrangements-students-disability ) and to the policy on Special Arrangements for Examinations forStudents with a Disability (https://ppl.app.uq.edu.au/content/3.50.09-arrangements-reasonable-adjustments-examinations-students-disability#Procedures ).

While it is the responsibility of the relevant faculty to liaise with professional and registration bodies

regarding the acceptability of any adjustment to an academic program, the University Health Servicecan arrange appropriate advice and assistance on personal and public health issues.

Occupational Health and SafetyUndergradua te and Postgradua te Students should be familiar with the University policies onoccupational health and safety in the laboratory (https://ppl.app.uq.edu.au/content/2.30.14-occupational-health-and-safety-laboratory).

Other School of Business Guidelines

Computing FacilitiesCourses offered by UQ Business School utilise the internet and other computer facilities. Studentsshould be familiar with these resources prior to undertaking a course. AskIT, available through theUniversity of Queensland Library, offers computing help and training free to UQ students. Contactthe AskIT Desk, Level 2 Duhig Bldg at St Lucia.

Learning Summary

Below is a table showing the relationship between the learning objectives for this course and the broadergraduate attributes developed, the learning activities used to develop each objective and the assessmenttask used to assess each objective.

Learning Objectives

After successfully completing this course you should be able to:

1 Analyse whether a proposed corporate transaction is in the best interests of the firm'sshareholders.2 Estimate a firm's weighted average cost of capital under classical and imputationsystems; and analyse the relationship between capital structure, the cost of capital andvalue.

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 11/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

https://www.courses.uq.edu.au/student_section_loader.php?section=print_display&profileId=67788 11/12

3 Perform a discounted cash flow valuation and analyse its sensitivity to alternativeassumptions underlying its cash flows and discount rate.4 Estimate the impact on a firm's cash flows from implementing a risk management policyusing forwards, futures and options contracts; and estimate the intrinsic value of thosecontracts.5 Identify real options which are likely to affect firm value and perform a real optionsvaluation.6 Determine the ways to finance projects

Assessment & Learning Activities

Learning Objectives

1 2 3 4 5 6

Learning Activities

Capital Budgeting (Lecture)

Cost of Capital (Lecture)

Tutorial 1: Capital Budgeting (Tutorial)

No Lecture (Lecture)

Tutorial 2: Cost of Capital (Tutorial)

Financial Options (Lecture)

Tutorial 3 (Tutorial)

Real Options (Lecture)

Tutorial 4: Financial Options (Tutorial)

Capital Structure I (Lecture)

Tutorial 5: Real Options (Tutorial)

Capital structure II (Lecture)

Tutorial 6: Capital Structure I (Tutorial)

Capital Structure III (Lecture)

Tutorial 7: Capital Structure II (Tutorial)

Payout Policy (Lecture)

Tutorial 8: Capital Structure III (Tutorial)

Teaching Break: No Lecture (Lecture)

Teaching Break: No Tutorial (Tutorial)

No Lecture (Lecture)

Tutorial 9: Payout Policy (Tutorial)

Equity & Debt (Lecture)

Tutorial 10: (Tutorial)

Mergers and Acquisitions (Lecture)

Tutorial 11: Equity & Debt (Tutorial)

Review Lecture (Lecture)

Tutorial 12: Mergers & Acquisitions (Tutorial)

Assessment Tasks

Mid-semester exam

Final exam

Graduate Attributes

Successfully completing this course will contribute to the recognition of your attainment of thefollowing UQ (Undergrad Pass) graduate attributes:

7/21/2019 Finm3401 Ecp 2014

http://slidepdf.com/reader/full/finm3401-ecp-2014 12/12

7/27/2014 Print View: FINM3401 - Sem 2 2014 - St Lucia - Internal

Learning Objectives

1 2 3 4 5 6

Graduate Attributes

A IN-DEPTH KNOWLEDGE OF THE FIELD OF STUDY

A1. A comprehensive and well-founded knowledge in the field of study.

A4. An understanding of how other disciplines relate to the field of study.

A5. An international perspective on the field of study.

B EFFECTIVE COMMUNICATION

B1. The ability to collect, analyse and organise information and ideasand to convey those ideas clearly and fluently, in both written andspoken forms.

B2. The ability to interact effectively with others in order to worktowards a common outcome.

B3. The ability to select and use the appropriate level, style and meansof communication.

B4. The ability to engage effectively and appropriately withinformation and communication technologies.

C INDEPENDENCE AND CREATIVITY

C1. The ability to work and learn independently.

C3. The ability to generate ideas and adapt innovatively to changingenvironments.

C4. The ability to identify problems, create solutions, innovate andimprove current practices.

D CRITICAL JUDGEMENT

D1. The ability to define and analyse problems.

D2. The ability to apply critical reasoning to issues through independentthought and informed judgement.

D3. The ability to evaluate opinions, make decisions and to reflect

critically on the justifications for decisions.E ETHICAL AND SOCIAL UNDERSTANDING

E1. An understanding of social and civic responsibility.

E2. An appreciation of the philosophical and social contexts of adiscipline.

E4. A knowledge and respect of ethics and ethical standards in relationto a major area of study.

E5. A knowledge of other cultures and times and an appreciation of cultural diversity.

feedback

copyright | privacy | disclaimer© 2014 The University of Queensland, Brisbane, Australia

ABN 63 942 912 684, CRICOS Provider No: 00025BAuthorised by: Deputy Vice-Chancellor (Academic)

Maintained by: Software ServicesLast Updated - 24 May , 2006