BFC2140 Corporate finance
Faculty of Business and Economics
BFC2140 Corporate finance is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 and Semester 2 at Clayton. It needs ECF1100, ECB1101, ECW1101, ECX2953 or ECC1000 and unlocks 18 units, leading on to 26 units in all.
- Credit points
- 6
- Offered in 2023
- Semester 1, Semester 2
- Clayton
- Assessment
- Exam 100%
- and 2 other tasks
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before BFC2140
Prohibitions
You can't enrol if you have passed any of these.
After BFC2140
18 units list BFC2140 as a prerequisite or corequisite.
- ACX3150Financial analysis and valuationNo reviews yet
- BFB3121Investments and portfolio managementNo reviews yet
- BFC2751Derivatives No reviews yet
- BFC3140Advanced corporate financeNo reviews yet
- BFC3170Financial intermediationNo reviews yet
- BFC3240International financeNo reviews yet
- BFC3241InvestmentsNo reviews yet
- BFC3341Fixed income analysisNo reviews yet
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- BFC3540Modelling in financeNo reviews yet
- BFF3121Investments and portfolio managementNo reviews yet
- BFF3140Advanced business financeNo reviews yet
- BFF3231International financeNo reviews yet
- BFF3351Investment bankingNo reviews yet
- BFF3751Derivatives No reviews yet
- BFW3121Investments and portfolio managementNo reviews yet
- BFW3841Credit analysis and lending managementNo reviews yet
- BFX3355Property investmentNo reviews yet
- BFX3871International study program in banking and financeNo reviews yet
Enrolment rules
If students are enrolled in course B6014, there is no prerequisite.
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
The aim of the unit is to introduce you to the theory and application of why and how value enhancing corporate financial decisions are made and implemented. With the emphasis on publicly listed companies, topics covered include; the corporate objective of management, investment evaluation models, valuation of equity and debt instruments, sources and types of funding, issues in risk and return, portfolio theory, asset pricing models, issues in capital structure and dividend policy and the efficiency of capital markets. The unit is designed to ensure you are provided with the necessary skill set for making value-changing financial decisions to maximise firm value.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply different valuation techniques based on time value of money on equity and debt instruments
- 2
evaluate investment options using various tools and apply decision-tree analysis in investment decision making
- 3
explain portfolio theory and show how the theory can be extended to price risky assets
- 4
develop the skills to estimate the appropriate cost of capital for investment appraisal purposes
- 5
evaluate firm capital structure and payout policy.
Workload and teaching
- Tutorials12 hours
- Tutorials24 hours
- Lectures24 hours
- Teaching approachActive learning
- Teaching approachProfessional placement
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit provides you with opportunities to engage in professional settings relevant to your practitioner field.
Learning resources
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
BFC2140 is part of 5 areas of study in the 2023 handbook.
Contacts
- Chief Examiners
- Mr Simon Yap
Common questions
What are the prerequisites for BFC2140?
You need ECF1100, ECB1101, ECW1101, ECX2953 or ECC1000 before you enrol. Enrolment rules also apply.
What can I take after BFC2140?
BFC2140 is a prerequisite or corequisite for 18 units, including ACX3150, BFB3121, BFC2751, BFC3140, BFC3170 and BFC3240. Those lead on to 26 units in all.
When is BFC2140 offered?
In 2023, BFC2140 runs in Semester 1 and Semester 2 at Clayton.
How much work is BFC2140?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFC2140 have an exam?
Yes. The exam is worth 100% of the final mark, alongside 3 other tasks.
Which majors and minors include BFC2140?
BFC2140 is part of Accounting, Actuarial studies and Finance.