FINS3625 Course Outline
FINS3625 Course Outline
FINS3625 Course Outline
Course Outline
Summary of Course
This course focuses on practical applications related to financial decision making. Case studies,
empirical evidences and current events are used to illustrate the process of making financial decisions
commonly faced by corporate managers, investment bankers, investors and regulators. Topics discussed
include: advanced issues in corporate valuation and capital budgeting; raising capital; valuation and
analysis of real options; leverage choice, mergers and acquisitions and the market for corporate control
and governance; and other advanced topics in Corporate Finance. The course also aims to help students
develop oral and writing skills through group assignments and case studies.
Further information is provided in the Assessment and Policies and Support sections.
This course assumes at a minimum that students are well-versed in the topics covered in FINS1613.
CLOs also contribute to your achievement of the Program Learning Outcomes (PLOs), which are
developed across the duration of a program for all coursework students in the Business School. More
information on PLOs is available under Policies and Support . PLOs are, in turn, directly linked to UNSW
The following table shows how the CLOs for this course relate to the overall PLOs and indicates where
each CLO and PLO is assessed:
Formal Requirements
In order to pass this course, you must:
achieve a composite mark of at least 50 out of 100;
meet any additional requirements described in the Assessment Summary section.
Assessment Structure
Assessment Summary
As a student at UNSW you are expected to display academic integrity in your work and interactions.
Where a student breaches the UNSW Student Code with respect to academic integrity, the University may
take disciplinary action under the Student Misconduct Procedure.
To assist you in understanding what academic integrity means, and how to ensure that you do comply
with the UNSW Student Code, it is strongly recommended that you complete the Working with Academic
Integrity module before submitting your first assessment task. It is a free, online self-paced Moodle
module that should take about one hour to complete.
You should complete the Working with Academic Integrity module before submitting any written
assessment by the due date. Non-compliance with the UNSW Student Code may result in disciplinary
action.
Tutorials in this course are 1 hour and 30 minutes long and held weekly (weeks 1-10). Tutorials are
composed of two major parts:
Assessment Feedback
Feedback on student performance from formative and summative assessment tasks will be provided to
students in a timely manner. Assessment tasks completed within the teaching period of a course, other
than a final assessment, will be assessed and students provided with feedback, with or without a
provisional result, within 10 working days of submission, under normal circumstances. Feedback on
continuous assessment tasks (e.g. laboratory and studio-based, workplace-based, weekly quizzes) will be
provided prior to the midpoint of the course.
Special Consideration
Quality Assurance
The Business School is actively monitoring student learning and quality of the student experience in all its
programs. A random selection of completed assessment tasks may be used for quality assurance, such
as to determine the extent to which program learning goals are being achieved. The information is
required for accreditation purposes, and aggregated findings will be used to inform changes aimed at
improving the quality of Business School programs. All material used for such processes will be treated
as confidential.
As a result of past student suggestions, the tutorial format has been modified to allow for a more
engaging learning experience.
Week 3: 4 Lecture –
March Corporate Valuation/
Capital Budgeting
Week 4: 11 Lecture –
March Real Options
Week 5: 18 Lecture –
March Capital Structure
Week 6: 25 Midterm –
March Exam In-Class Midterm
Exam
Week 7: 1 Lecture –
April Equity Financing
Week 8: 8 Lecture –
April Debt Financing and M&A
I
Week 9: 15 Lecture –
April M&A II and Guest
Speaker
Week 10: 22 Lecture –
April Corporate Governance
Term Break: – – –
29 April
Exams: 6 May – – –
Exams: 13 – – –
May
PLOs embody the knowledge, skills and capabilities that are taught, practised and assessed within each
Business School program. They articulate what you should know and be able to do upon successful
completion of your degree.
Upon graduation, you should have a high level of specialised business knowledge and capacity for
responsible business thinking, underpinned by ethical professional practice. You should be able to
harness, manage and communicate business information effectively and work collaboratively with
others. You should be an experienced problem-solver and critical thinker, with a global perspective,
cultural competence and the potential for innovative leadership.
All UNSW programs and courses are designed to assess the attainment of program and/or course level
learning outcomes, as required by the UNSW Assessment Design Procedure . It is important that you
become familiar with the Business School PLOs, as they constitute the framework which informs and
shapes the components and assessments of the courses within your program of study.
Students will make informed and effective selection and application of knowledge in a discipline or
profession, in the contexts of local and global business.
Students will define and address business problems, and propose effective evidence-based solutions,
through the application of rigorous analysis and critical thinking.
Students will harness, manage and communicate business information effectively using multiple forms
of communication across different channels.
PLO 4: Teamwork
Students will interact and collaborate effectively with others to achieve a common business purpose or
fulfil a common business project, and reflect critically on the process and the outcomes.
Students will develop and be committed to responsible business thinking and approaches, which are
underpinned by ethical professional practice and sustainability considerations.
Students will be aware of business systems in the wider world and actively committed to recognise and
respect the cultural norms, beliefs and values of others, and will apply this knowledge to interact,
communicate and work effectively in diverse environments.
Students will develop the capacity to take initiative, encourage forward thinking and bring about
These PLOs relate to undergraduate and postgraduate coursework programs. Separate PLOs for
honours and postgraduate research programs are included under 'Related Documents'.
Business School course outlines provide detailed information for students on how the course learning
outcomes, learning activities, and assessment/s contribute to the development of Program Learning
Outcomes.
RELATED DOCUMENTS
Undergraduate Honours Program Learning Goals and Outcomes (pdf)
Master of Philosophy Program Learning Goals and Outcomes (pdf)
Doctor of Philosophy Program Learning Goals and Outcomes (pdf)
Global citizens who are culturally adept and PLO 1: Business knowledge
capable of respecting diversity and acting in a PLO 2: Problem solving
socially just and responsible way. PLO 3: Business communication
PLO 4: Teamwork
PLO 5: Responsible business practice
PLO 6: Global and cultural competence
While our programs are designed to provide coverage of all PLOs and graduate capabilities, they also
The definition of academic misconduct is broad. It covers practices such as cheating, copying and
using another person’s work without appropriate acknowledgement. Incidents of academic misconduct
may have serious consequences for students.
Plagiarism
UNSW regards plagiarism as a form of academic misconduct. UNSW has very strict rules regarding
plagiarism. Plagiarism at UNSW is using the words or ideas of others and passing them off as your
own. All Schools in the Business School have a Student Ethics Officer who will investigate incidents of
plagiarism and may result in a student’s name being placed on the Plagiarism and Student Misconduct
Registers.
Below are examples of plagiarism including self-plagiarism: Copying: Using the same or very
similar words to the original text or idea without acknowledging the source or using quotation
marks. This includes copying materials, ideas or concepts from a book, article, report or other
written document, presentation, composition, artwork, design, drawing, circuitry, computer
program or software, website, internet, other electronic resource, or another person's
assignment, without appropriate acknowledgement of authorship.
Inappropriate Paraphrasing: Changing a few words and phrases while mostly retaining the original
structure and/or progression of ideas of the original, and information without acknowledgement. This
also applies in presentations where someone paraphrases another’s ideas or words without credit and
to piecing together quotes and paraphrases into a new whole, without appropriate referencing.
Collusion: Presenting work as independent work when it has been produced in whole or part in
collusion with other people. Collusion includes:
Students providing their work to another student before the due date, or for the purpose of them
plagiarising at any time
Paying another person to perform an academic task and passing it off as your own
Stealing or acquiring another person’s academic work and copying it
Offering to complete another person’s work or seeking payment for completing academic work
Collusion should not be confused with academic collaboration (i.e., shared contribution towards a
group task).
Inappropriate Citation: Citing sources which have not been read, without acknowledging the 'secondary'
source from which knowledge of them has been obtained.
Self-Plagiarism: ‘Self-plagiarism’ occurs where an author republishes their own previously written work
and presents it as new findings without referencing the earlier work, either in its entirety or partially.
Self-plagiarism is also referred to as 'recycling', 'duplication', or 'multiple submissions of research
Cheating
The University also regards cheating as a form of academic misconduct. Cheating is knowingly
submitting the work of others as their own and includes contract cheating (work produced by an
external agent or third party that is submitted under the pretences of being a student’s original piece of
work). Cheating is not acceptable at UNSW.
If you need to revise or clarify any terms associated with academic integrity you should explore the
'Working with Academic Integrity' self-paced lessons available at: https://student.unsw.edu.au/aim .
For UNSW policies, penalties, and information to help you avoid plagiarism see: https://
student.unsw.edu.au/plagiarism as well as the guidelines in the online ELISE tutorials for all new UNSW
students: http://subjectguides.library.unsw.edu.au/elise . For information on student conduct see:
https://student.unsw.edu.au/conduct .
For information on how to acknowledge your sources and reference correctly, see: https://
student.unsw.edu.au/referencing . If you are unsure what referencing style to use in this course, you
should ask the lecturer in charge.
Information and policies on these topics can be found on the 'Managing your Program' website .
Workload
It is expected that you will spend at least ten to twelve hours per week studying for a course except for
Summer Term courses which have a minimum weekly workload of twenty to twenty four hours . This
time should be made up of reading, research, working on exercises and problems, online activities and
attending classes. In periods where you need to complete assignments or prepare for examinations, the
workload may be greater. Over-commitment has been a cause of failure for many students. You should
take the required workload into account when planning how to balance study with employment and
other activities.
We strongly encourage you to connect with your Moodle course websites in the first week of semester .
Local and international research indicates that students who engage early and often with their course
website are more likely to pass their course.
Attendance
Your regular and punctual attendance at lectures and seminars or in online learning activities is
expected in this course. The Business School reserves the right to refuse final assessment to those
students who attend less than 80% of scheduled classes where attendance and participation is required
as part of the learning process (e.g., tutorials, flipped classroom sessions, seminars, labs, etc.).
Keeping Informed
You should take note of all announcements made in lectures, tutorials or on the course web site. From
time to time, the University will send important announcements to your university e-mail address
without providing you with a paper copy. You will be deemed to have received this information. It is also
your responsibility to keep the University informed of all changes to your contact details.
UNSW IT
UNSW IT provides support and services for students such as password access, email services, wireless
services and technical support.
UNSW Library Annexe (Ground floor).
Email
02 9385 1333