Financial Management
OMBA650
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Level of study: What does Postgraduate mean?
Postgraduate
EFTSL: What does EFTSL mean?
0.125
Delivery Method: What does delivery method mean?
Fully Online
Prerequisites: What are the prerequisites?
Availability: What is a Session?
For enrolment (2012): For forward planning* (2013): What is Forward Planning?- -
- Sess 2
- Sess 3
Duration:
14 weeks
Government loans available:
FEE-HELP FEE-HELP
Fee: Fees (current and planned)
- Domestic student fee:
- $3,300.00 (AUD)
- International student fee:
- $3,525.00 (AUD)
Description
Corporate managers are concerned with acquiring, financing and managing assets. In order to make effective decisions, they must understand the markets in which organisations operate, namely financial markets and markets for goods and services. This unit will provide an introduction to both markets and offer you the opportunity to acquire the skills and expertise essential for optimal financial decision-making.
Beginning with a study of the fundamental principles of microeconomics, including demand and supply analysis, market structures and the role of information, you will learn to use financial theory and analytical tools to resolve problems faced by decision-makers. The focus will be on valuation, long-term investment, diversification and risk management. The unit will equip you with the knowledge and skills required to undertake the analysis and evaluation of alternatives, resulting in effective financial management.
Enrolment Restriction
In order to enrol in this unit, you must be accepted into one of the following courses:
If you wish to seek approval to enrol in this unit without being accepted in a course, please contact OUA regarding the process.
Prerequisites
Equivalent units
You cannot enrol in this unit if you have successfully completed any of the following unit(s) because they are considered academically equivalent:
- OMBA220 — Finance and Accounting for Business Decisions
Mandatory co-requisites
You must either have successfully completed the following unit(s) before starting this unit, or currently be enrolled in the following unit(s); or enrol in the following unit(s) to study at the same time or prior to this unit:
If you have completed equivalent study at another university, please contact a Student Advisor for advice.
Assessment
- Assignment — Individual assignment (30%)
- Group Project — Group assignment (20%)
- Invigilated Exam (50%)
Learning Outcomes
At the completion of this unit students will be able to:
- negotiate complexity through the application of decision models to the choice between alternative strategies
- demonstrate advanced problem solving through the application of research to the facts of a problem so as to produce satisfactory answers to the questions posed, and to communicate the reasons for those answers, both orally and in writing, making use of the sources and materials appropriately to the needs of a variety of audiences
- analyse risks associated with the alternative solutions identified to a problem
- understand the fundamentals of microeconomic theory
- understand market structures and their implication to decision making
- demonstrate analytical skills to assist in the valuation of assets
- evaluate projects and choose between alternatives
- understand the theoretical approach to portfolio diversification
- measure the cost of capital and understand the relevance of capital structure
- understand the use of financial products in risk management.
Topics
This unit addresses the following topics.
| Number | Topic |
|---|---|
| 1 | Demand and supply analysis |
| 2 | Markets and resources |
| 3 | Market structures: monopoly, oligopoly, etc |
| 4 | Pricing |
| 5 | Financial decision making |
| 6 | Financial mathematics |
| 7 | Valuing debt and equity |
| 8 | Project evaluation 1 |
| 9 | Project evaluation 2 |
| 10 | Risk and return |
| 11 | Capital structure and weighted average cost of capital |
| 12 | Dividend policy |
Study Resources
This unit is delivered using the following methods and materials:
Instructional Methods
- Discussion Forum/Discussion Board
- Embedded Multimedia
- Online assignment submission
- Standard Media
- Web links
Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.
Click on the titles of the listed books below to find out more:
Required textbooks
There are no required textbooks for this unit.
Recommended textbooks
Relevant Courses
This unit is a core requirement in the following courses:
This unit may be eligible for credit towards other courses:
- Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
- In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Unibooks textbook list.
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