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Principles of Finance - ACST603

This unit aims to provide students with a knowledge and understanding of the principles and techniques underlying theory and practice in corporate finance.

Topics include:
- basic financial mathematics: interest rates, present values, future values, annuities, perpetuities;
- valuation and analysis of debt and equity securities;
- methods for investment evaluation and capital budgeting: NPV, IRR, PP;
- financial markets and raising finance by issuing new securities;
- risk and return, and the cost of capital;
- capital structure and dividend policy;
- derivative securities: forward, futures and option contracts, and applications to corporate finance;
- corporate liabilities and international finance; and
- introduction to risk management.

Credit Points: 4
When Offered:

S1 Day - Session 1, North Ryde, Day

S1 External - Session 1, External (with on campus sessions)

S2 Day - Session 2, North Ryde, Day

S2 External - Session 2, External (with on campus sessions)

Staff Contact(s): Actuarial staff

Admission to MAccg or MAccg(Adv) or MAcc(Prof)MCom or MActPrac or MAppEcon or MBkgFin or MBioBus or MCom or MEc or MIntBus or MIntBusMIntComm or MIntBusMIntRel Prerequisite Information


Unit Designation(s):
Assessed As: Graded
Offered By:

Department of Actuarial Studies and Business Analytics

Faculty of Business and Economics

Course structures, including unit offerings, are subject to change.
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