UniMelb UGHB96 : 306-309 Corporate Finance

Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 190) Accounting subject : Next:306-311 | Prev:306-307 | Search | Help

306-309 Corporate Finance

Year 3 Accounting.

Note: This subject is available to third-year students only. The course is aimed at students envisaging a career in corporate financial management or advising.

Credit points: 12.5

Coordinator: To be advised.

Prerequisite: 306-203 Business Finance.

Contact: Two 1-hour lectures and a 1-hour tutorial a week. In addition, students may be required to attend up to eight 1-hour special guest lectures.

Objectives: On completion of this subject a student should:
obtain a detailed understanding of the implications of the Australian tax system for corporate finance;
understand the theoretical framework underlying the corporate dividend decision and the capital structure decision;
be able to solve complex capital budgeting problems;
comprehend alternative corporate funding mechanisms;
be aware of current issues in Australian corporate finance.

Timetable: First semester

Content:

An extension of the analysis of capital budgeting, capital structure, and dividend policy to the treatment in Business Finance. The effect of the dividend imputation system of taxation on dividend policy, capital structure and capital budgeting. A comprehensive analysis of corporate acquisitions and restructuring. A detailed examination of alternative funding mechanisms including leases and hybrid securities. A discussion of current issues of interest in Australian corporate finance.

Assessment:

A 1-hour mid-semester test (20%) and a 3-hour examination at the end of the semester (80%).

Prescribed texts:

To be advised

Accounting subject : Next:306-311 | Prev:306-307 | Search | Help Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 190)

Status:          Official 1996
Date created:    Oct  9 1995
Last modified:   Oct  9 1995
Authorised by:   Academic Registrar
Email enquiries: Course_Information@registrar.unimelb.edu.au

Maintained by:   Dept. of Accounting and Finance, Faculty of Economics and Commerce.