FINA2222 Corporate Financial Policy

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • Level 2 core unit in the Finance major sequence
  • Category B broadening unit for students
  • Level 2 elective
Content
This unit develops a basic knowledge of finance from the corporate financial manager's point of view, and develops skills in planning and decision making in the financial area. Topics include dividend and capital structure decisions; cost of capital; risk management; debt and convertible securities; and the application of option pricing theory to equity, debt and real options.
Outcomes
Students are able to (1) demonstrate the ability to evaluate the capital structures of particular companies and an awareness of current developments in this area; (2) compute the weighted average cost of capital for a firm taking into account the tax environment and analyse the impact of future changes in capital structure on the firm and its stakeholders; (3) identify the reasons why firms restructure via mergers and acquisition and determine the effect on firm value; (4) describe the major types and characteristics of options and apply the valuation techniques to the appraisal of real and financial assets; and (5) demonstrate the ability to give oral presentations that are clear and coherent.
Assessment
Typically this unit is assessed in the following ways: (1) participation ; (2) case study ; and (3) examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Dr Russell Poskitt
Unit rules
Prerequisites:
FINA1221 Introduction to Finance;
or
FINA2221 Introduction to Finance
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
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  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.