FINA311-17A (TGA)
Corporate Finance
20 Points
Staff
Convenor(s)
Ali Qamar
8166
MS5.G.03
311 Friday 1500 - 1700; 417 and 504 Wednesday 1400 - 1600
ali.qamar@waikato.ac.nz
|
Administrator(s)
Tutor(s)
Librarian(s)
You can contact staff by:
- Calling +64 7 838 4466 select option 1, then enter the extension.
-
Extensions starting with 4, 5 or 9 can also be direct dialled:
- For extensions starting with 4: dial +64 7 838 extension.
- For extensions starting with 5: dial +64 7 858 extension.
- For extensions starting with 9: dial +64 7 837 extension.
Paper Description
This paper covers capital budgeting, capital structure and working capital management. Three key important questions are answered in this course: What long-term investments should the firm take on? Where will we get the long-term financing to pay for the investment? How will we manage the everyday financial activities of the firm? The paper will also covers the effects of biases and heuristics on financial management decisions. Presents the behavioral case for market inefficiency and related evidence pro and con.
There will a 3-hour lecture and 1-hour tutorial in each week. Students should get prepared before attending the lectures and tutorials.
Note: Tutorials start from the second week i.e. Week starting Monday 6 March 2017. Each tutorial deals with learning materials from the previous week's lecture. Students are required to enroll in one of the tutorial groups during the first week of lectures.
Paper Structure
Provide quick access to the whys and how of dealing with the three most important questions in finance: Capital Budgeting, Capital Structure and Working Capital Management.
Provide easy-to-understand information, including equations and examples that can be quickly applied to most problems of corporate finance.
Provide knowledge about the difference between accounting income and cash flow as well as how to determine a firm’s cash flows.
Provide knowledge about how to make capital budgeting decision.
Provide knowledge about how to determine a firm’s cost of capital.
Provide knowledge about how to manage a firm’s daily financial activities.
There will a 3-hour lecture and 1-hour tutorial in each week. Students should get prepared before attending the lectures and tutorials.
Note: Tutorials start from the second week i.e. Week starting Monday 6 March 2017. Each tutorial deals with learning materials from the previous week's lecture. Students are required to enroll in one of the tutorial groups during the first week of lectures.
Learning Outcomes
Students who successfully complete the course should be able to:
Assessment
To be eligible to pass this paper, students must achieve a minimum, 40% for the final examination and an overall grade of at least 50% in the whole paper
The assessment includes both individual and group components.
Assessment Components
The internal assessment/exam ratio (as stated in the University Calendar) is 1:1. The final exam makes up 50% of the overall mark.
Required and Recommended Readings
Required Readings
Textbook: Fundamentals of Corporate Finance by Ross, Westerfield, and Jordan. Standard 10th Edition
Recommended Readings
Ross, S. A., Westerfield, R. W. and Jaffe, J. (2010), Corporate Finance, 8th Edition, USA: McGraw Hill.
Online Support
PPT, marking guideline and related teaching materials will be available in MyWeb.
Workload
The course has about 48 (4X12) contact hours (lectures and tutorials). The rest of the 200 hours expected workload in this 20-point paper can be distributed as follows: 40 hours to complete the two Assignments, 42 hours to prepare for and attend the Mid-term Test and 70 hours to prepare for and attend the Final Exam.
Linkages to Other Papers
Prerequisite(s)
FINA201
Restriction(s)
FINA510