Business Finance - 2018

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 2017: SP1 , SP3
  • Availability for 2018: SP1 , SP3
  • Assessment: Assignment - 2000 words (45%) , Invigilated Exam - 3 hours (55%)

Unit provided by

2018 Fees
Domestic 1,368.00
HECS 1,368.00
International 1,629.00

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 — 2000 words (45%)
  • Invigilated Exam — 3 hours (55%)
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.

  • 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 and Interest Rate Principles
3Multiple Cash Flows and Valuation Principles
4Risk and Rates of Return
5Valuation of Bonds and Shares
6Cost of Capital
7Capital Budgeting - Investment Criteria (NPV)
8Capital Budgeting - Investment Criteria (Other Investment Criteria)
9Capital Budgeting Project Cash Flow
10Risk in Capital Budgeting

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online assignment submission

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.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

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