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Principles of Finance - ACST603 - 2019 Course Handbook - Macquarie University

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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
Prerequisites:

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

Corequisites:

NCCW(s):
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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