| Effective Term: | 2026/20 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Corporate Financial Management |
| Unit ID: | BUACC3008 |
| Credit Points: | 15.00 |
| Prerequisite(s): | (BUACC1000 or BUACC1508) |
| Co-requisite(s): | Nil |
| Exclusion(s): | (BUACC3701) |
| ASCED: | 080101 |
| Other Change: | |
| Brief description of the Unit |
This unit enables students to develop an understanding of the theory of finance to permit evaluation of the firm's financial decisions. The unit considers the finance function as it relates to corporate objectives and the maximization of shareholder wealth. Particularly the unit aims to identify and analyse the financial decisions made by financial managers and develop skills in the use of techniques which assist in the decision making process. It also considers financial statement analysis and the forecasting of financial needs; capital markets, financial institutions and instruments; security valuation; capital budgeting and risk analysis; the cost of capital; financial and operating leverage and dividend policy. Each topic is introduced by a critical review of key theoretical concepts that are then applied to practical settings. |
| Grade Scheme: | Graded (HD, D, C, P, MF, F, XF) |
| Work Experience Indicator: |
| No work experience |
| Placement Component: | |
| Supplementary Assessment:Yes |
| Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment |
| Course Level: |
| Level of Unit in Course | AQF Level(s) of Course | | 5 | 6 | 7 | 8 | 9 | 10 | | Introductory | | | | | | | | Intermediate | | | | | | | | Advanced | | | | | | |
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| Learning Outcomes: |
| Knowledge: |
| K1. | Describe the finance and treasury function in an organisation and identify the financial characteristics that underpin various financial policies |
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| K2. | Apply financial mathematics to analyse and evaluate the investment, financing and dividend decisions made by firms. |
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| K3. | Examine the features of specific forms of domestic and international business finance and identify the circumstances when each is appropriate. |
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| K4. | Assess the key factors affecting financial performance and the main principles of risk minimisation strategies. |
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| K5. | Judge the recent developments in the field of finance. |
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| K6. | Appraise the importance of socially responsible information being incorporated with finance decisions. |
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| Skills: |
| S1. | Apply theoretical and practical knowledge of the finance function to evaluate the effects of alternative financial policies. |
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| S2. | Determine the appropriate mix of finance for various stages of development and select appropriate risk minimisation strategies which are consistent with management policies and preferences. |
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| S3. | Calculate alternative growth scenarios and formulate the relationship between risk and return. |
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| S4. | Apply the theory of capital markets. |
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| Application of knowledge and skills: |
| A1. | Apply appropriate finance knowledge and skills in diverse business environments. |
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| A2. | Apply critical thinking and sound judgment to aid in the financial decision-making process. |
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| Other outcomes: |
| Unit Content: |
Topics may include:
1. The role of finance and financial enviornment
2. Time value of money
3. Sources and types of finance
4. The valuation of marketable instruments
5. Capital budgeting techniques
6. Cost of capital
7. Risk analysis
8. Capital structure decisions
9. Working capital management
10. Dividend policy
11. Portfolio theory and the Capital Asset Pricing Model (CAPM)
12. Security market line |
| Graduate Attributes: |
| Federation University recognises that students require key transferable employability skills to prepare them for their future workplace and society. FEDTASKS (Transferable Attributes Skills and Knowledge) provide a targeted focus on five key transferable Attributes, Skills, and Knowledge that are be embedded within curriculum, developed gradually towards successful measures and interlinked with cross-discipline and Co-operative Learning opportunities. One or more FEDTASK, transferable Attributes, Skills or Knowledge must be evident in the specified learning outcomes and assessment for each FedUni Unit, and all must be directly assessed in each Course.
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| FED TASK and descriptor | Development and acquisition of FEDTASKS in the Unit | | Level | FEDTASK 1
Interpersonal | Students at this level will demonstrate an advanced ability in a range of contexts to effectively communicate, interact and work with others both individually and in groups. Students will be required to display high level skills in-person and/or online in: • Using and demonstrating a high level of verbal and non-verbal communication • Demonstrating a mastery of listening for meaning and influencing via active listening • Demonstrating and showing empathy for others • High order skills in negotiating and conflict resolution skills\\ • Demonstrating mastery of working respectfully in cross-cultural and diverse teams. | Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context | FEDTASK 2
Leadership | Students at this level will demonstrate a mastery in professional skills and behaviours in leading others. • Creating and sustaining a collegial environment • Demonstrating a high level of self -awareness and the ability to self-reflect and justify decisions • Inspiring and initiating opportunities to lead others • Making informed professional decisions • Demonstrating initiative in new professional situations. | Level 2 - Student demonstrates some independence within provided guidelines | FEDTASK 3
Critical Thinking and Creativity | Students at this level will demonstrate high level skills in working in complexity and ambiguity using the imagination to create new ideas. Students will be required to display skills in: • Reflecting critically to generate and consider complex ideas and concepts at an abstract level • Analysing complex and abstract ideas, concepts and information • Communicate alternative perspectives to justify complex ideas • Demonstrate a mastery of challenging conventional thinking to clarify complex concepts • Forming creative solutions in problem solving to new situations for further learning. | Level 1 - Students require directions and boundaries from mentor | FEDTASK 4
Digital Literacy | Students at this level will demonstrate the ability to work competently across a wide range of tools, platforms and applications to achieve a range of tasks. Students will be required to display skills in: • Mastering, exploring, evaluating, managing, curating, organising and sharing digital information professionally • Collating, managing complex data, accessing and using digital data securely • Receiving and responding professionally to messages in a range of professional digital media • Contributing competently and professionally to digital teams and working groups • Participating at a high level in digital learning opportunities. | Level 1 - Students require directions and boundaries from mentor | FEDTASK 5
sustainable and Ethical Mindset | Students at this level will demonstrate a mastery of considering and assessing the consequences and impact of ideas and actions in enacting professional ethical and sustainable decisions. Students will be required to display skills in: • Demonstrate informed judgment making that considers the impact of devising complex solutions in ambiguous global economic environmental and societal contexts • Professionally committing to the promulgation of social responsibility • Demonstrate the ability to evaluate ethical, socially responsible and/or sustainable challenges and generating and articulating responses • Communicating lifelong, life-wide and life-deep learning to be open to the diverse professional others • Generating, leading and implementing required actions to foster sustainability in their professional and personal life | Level 1 - Students require directions and boundaries from mentor |
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| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | Professional Standards |
| 1. |
K1, K2, K3, K6, S1, A1, A2 |
Review of selected topics, based on class activities, reading, and preparation of responses to set questions. |
Test |
10%-20% |
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| 2. |
K2, K4, K5, S1, S2, S3, S4, A1, A2 |
Group case study and/or task |
Assignment |
30%-40% |
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| 3. |
K1, K2, K3, K4, K6, S1, S3, A1, A2 |
Comprehensive review of all topics, based on class activities, reading, and preparation of responses to set questions. |
Invigilated Final Summative Assessment |
40%-50% |
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