Financial Management

This subject has the following teaching availabilities in 2014:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

This is an introductory course of valuation and financial management. The course is designed for all MBA students with career interests in managing any organizations where cash flows matter. It is based on the principle that firms should be managed to increase the wealth of their shareholders, subject to the fulfilment of their contractual and legal obligations to other stakeholders. To this purpose, this subject will focus on the valuation of financial assets and selection of investment projects. It provides a good foundation for those who want to specialize in finance and choose many finance electives we offer in later terms. Furthermore, students will find that the principles learned here can be readily applied to their own personal financial planning and investments.

On completion of this subject, students should be able to:

• Apply a variety approaches to identify profitable investment projects
• Value financial assets (such as stocks and bonds)
• Build portfolios of financial assets based on the optimal balance of risk and return
• Estimate cost of capital of the firm and apply it in project selection decisions

Leon Zolotoy:

• 3 x syndicate assignment (30%)
• Equivalent to individual 500 word assessment
• Mid-term test (25%)
  • 1 hour
  • Week 5
• Final examination (45%)
  • 2 hours and 15 minutes
  • Hurdle Requirement
  • End of subject

Sam Wylie:

• 4 homework assignment (12.5%)
• 3 syndicate case reports (10%)
• Mid-term test (25%)
  • 75 minutes
• Final examination (52.5%)
  • 2 hours and 30 minutes
  • Hurdle requirement
  • End of subject

This subject is not available as a breadth subject.