Business Finance - 2016

Unit summary


  • Level of Study: Undergraduate Level 2
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2016: SP1 , SP3
  • Availability for 2017: SP1 , SP3
  • Assessment: Assignment 1 - 1500 words (15%) , Assignment 2 - 2000 words (20%) - Learn more

Unit provided by

2016 Fees
Domestic 1,305.00
HECS 1,305.00
International 1,555.00

This unit engages students with the processes, practices and decision outcomes associated with investment and financing decisions made within businesses, and to equip students to undertake investment and financing analysis.

This unit includes material covering: the financial environment and the role of finance in business: financial objectives of firms, financial mathematics, cash flow, time value of money; financial markets and sources of finance; investment evaluation: net present value and other criteria; risk and uncertainty in capital investment decisions; capital structure and cost of capital: intermediate and long term funding; debt valuation; equity models, dividend valuation, capital asset pricing model; weighted average cost of capital; capital structure and the value of the firm; leverage.

At the completion of this unit students will be able to:

  1. explain models for valuing debt and equity instruments, and their limitations
  2. appraise methods for evaluating investment decisions
  3. demonstrate the rationale for using various forms of funds and their implications for the value of the firm
  4. appraise the conflicting requirements of investment, retention of profits and returns to owners in an international context
  • Assignment 1 — 1500 words (15%)
  • Assignment 2 — 2000 words (20%)
  • Invigilated Exam — 3 hours (65%)
For more information on invigilated exams see Exams and results

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:

  • ACG32 — Finance and Investment

Mandatory prerequisites

You must have successfully completed the following unit(s) before starting this unit:

If you have completed equivalent study at another university, please contact a Student Advisor for advice.

  • Broadband access
  • Other special requirement — Students will require Windows Vista, Windows 7 or higher. UniSA does not support Windows XP.

This unit addresses the following topics.

1The Role Of Financial Management and The Tax Environment
2The Time Value of Money - Interest Rate Principles, Multiple Cash flows and Valuation Principles
3Risk And Rates of Return
4Valuation of Bonds and Shares
5Capital Budgeting - Concepts and Methods
6Capital Budgeting - Cash Flow Identification and Project Ranking Conflicts
7Risk in Capital Budgeting
8Cost of Capital

This unit is delivered using the following methods and materials:

Instructional Methods

  • Online assignment submission
  • Podcasting/Lecture capture

Online materials

  • Printable format materials
  • Resources and Links

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. 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.
  2. 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 Co-Op textbook list.

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

  • Financial Management + MyFinanceLab with eText

    By:Titman, Martin, Keown & Martin

    ISBN: 9781488688003


    Supplier:Go to The Co-op Bookshop

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