School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

Your unit may be subject to government or third party COVID-19 vaccination requirements. Please consider this before enrolling in this unit, and speak with the unit coordinator if this raises any concerns.

  • Unit Title

    Finance I
  • Unit Code

    ECF1120
  • Year

    2022
  • Enrolment Period

    1
  • Version

    3
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Jaime Li YONG

Description

This unit introduces students to the world of modern finance, and how individuals and companies make investment and financing decisions. It covers the concepts of time value of money, basic asset valuation, the risk and return paradigm, capital budgeting and costs of capital for companies. Upon completion, students will be able to value financial assets such as stocks and bonds; financial transactions such as loans, annuities and perpetuities; evaluate stock market investments based on returns and risk characteristics; and identify capital projects that maximise shareholders’ wealth using a range of analytical tools; and consider the implications of financing decisions on the costs of capital for companies. Students will consider current issues and developments in the Australian and global financial markets through the unit.

Learning Outcomes

On completion of this unit students should be able to:

  1. Apply your knowledge of Time Value of Money to determine fair value of financial cash flows.
  2. Describe the relationship between risk and return, and apply techniques to quantify risk.
  3. Evaluate investment projects using techniques used by financial managers.
  4. Develop an awareness of current issues affecting financial markets locally and worldwide.
  5. Use financial tools such as formula, calculators, Microsoft Excel and financial databases to solve financial problems and make recommendations.

Unit Content

  1. The financial objectives of a firm, financial markets and ethical issues.
  2. Time Value of Money.
  3. Valuation of debt and shares.
  4. Returns and risk of investments and portfolio theory.
  5. The Weighted Average Cost of Capital.
  6. Capital Budgeting and Discounted Cash Flow techniques.
  7. Evaluating uncertainty in projects.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 3 hour seminarNot OfferedNot Offered
Semester 213 x 3 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

Students will learn to use real-time financial market databases, and to analyse the information using Microsoft Excel spreadsheet tools. There is also a focus on developing proficiency in numeracy skills during the semester.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
TestOnline tests20%
AssignmentGroup Research Assignment30%
ExaminationExam50%
ONLINE
TypeDescriptionValue
TestOnline tests20%
AssignmentGroup Research Assignment30%
ExaminationExam50%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ECF1120|3|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

Your unit may be subject to government or third party COVID-19 vaccination requirements. Please consider this before enrolling in this unit, and speak with the unit coordinator if this raises any concerns.

  • Unit Title

    Finance I
  • Unit Code

    ECF1120
  • Year

    2022
  • Enrolment Period

    2
  • Version

    3
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Jaime Li YONG

Description

This unit introduces students to the world of modern finance, and how individuals and companies make investment and financing decisions. It covers the concepts of time value of money, basic asset valuation, the risk and return paradigm, capital budgeting and costs of capital for companies. Upon completion, students will be able to value financial assets such as stocks and bonds; financial transactions such as loans, annuities and perpetuities; evaluate stock market investments based on returns and risk characteristics; and identify capital projects that maximise shareholders’ wealth using a range of analytical tools; and consider the implications of financing decisions on the costs of capital for companies. Students will consider current issues and developments in the Australian and global financial markets through the unit.

Learning Outcomes

On completion of this unit students should be able to:

  1. Apply your knowledge of Time Value of Money to determine fair value of financial cash flows.
  2. Describe the relationship between risk and return, and apply techniques to quantify risk.
  3. Evaluate investment projects using techniques used by financial managers.
  4. Develop an awareness of current issues affecting financial markets locally and worldwide.
  5. Use financial tools such as formula, calculators, Microsoft Excel and financial databases to solve financial problems and make recommendations.

Unit Content

  1. The financial objectives of a firm, financial markets and ethical issues.
  2. Time Value of Money.
  3. Valuation of debt and shares.
  4. Returns and risk of investments and portfolio theory.
  5. The Weighted Average Cost of Capital.
  6. Capital Budgeting and Discounted Cash Flow techniques.
  7. Evaluating uncertainty in projects.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU's LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 3 hour seminarNot OfferedNot Offered
Semester 213 x 3 hour seminarNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences via ECU’s LMS as well as additional ECU learning technologies

Additional Learning Experience Information

Students will learn to use real-time financial market databases, and to analyse the information using Microsoft Excel spreadsheet tools. There is also a focus on developing proficiency in numeracy skills during the semester.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
TestOnline tests20%
AssignmentGroup Research Assignment30%
ExaminationExam50%
ONLINE
TypeDescriptionValue
TestOnline tests20%
AssignmentGroup Research Assignment30%
ExaminationExam50%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Integrity

Integrity is a core value at Edith Cowan University, and it is expected that ECU students complete their assessment tasks honestly and with acknowledgement of other people's work. This means that assessment tasks must be completed individually (unless it is an authorised group assessment task) and any sources used must be referenced.

Breaches of academic integrity can include:

Plagiarism

Copying the words, ideas or creative works of other people, without referencing in accordance with stated University requirements. Students need to seek approval from the Unit Coordinator within the first week of study if they intend to use some of their previous work in an assessment task (self-plagiarism).

Unauthorised collaboration (collusion)

Working with other students and submitting the same or substantially similar work or portions of work when an individual submission was required. This includes students knowingly providing others with copies of their own work to use in the same or similar assessment task(s).

Contract cheating

Organising a friend, a family member, another student or an external person or organisation (e.g. through an online website) to complete or substantially edit or refine part or all of an assessment task(s) on their behalf.

Cheating in an exam

Using or having access to unauthorised materials in an exam or test.

Serious outcomes may be imposed if a student is found to have committed one of these breaches, up to and including expulsion from the University for repeated or serious acts.

ECU's policies and more information about academic integrity can be found on the student academic integrity website.

All commencing ECU students are required to complete the Academic Integrity Module.

Assessment Extension

In some circumstances, Students may apply to their Unit Coordinator to extend the due date of their Assessment Task(s) in accordance with ECU's Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000001386.

Special Consideration

Students may apply for Special Consideration in respect of a final unit grade, where their achievement was affected by Exceptional Circumstances as set out in the Assessment, Examination and Moderation Procedures - for more information visit https://askus2.ecu.edu.au/s/article/000003318.

ECF1120|3|2