School Of BusinessAdvanced Corporate FinanceWestern Sydney University Unit Code: 200493.2
Discipline: ECONOMICS
Student Contribution Band: 3
Level: 5
Credit Points: 10
About this Unit
This unit offers a detailed understanding of finance from the perspective of the corporate financial manager. Beginning with the premise that the goal of management is to increase the value of the firm, the unit examines the key decisions - investment, financing and risk management - that contribute to shareholder value. The investment side will include portfolio selection and management decisions, capital budgeting under risk, and M&A. The financing side comprises decisions about capital structure - how much debt, relative to equity, is optimal for a particular firm - as well as decisions about what kind of debt and what kind of equity is right for the firm. The risk management side will offer guidelines for the measurement and management of interest rate and currency risk. Using real-world case studies and current academic literature, the unit will examine the key principles of selecting real investments, financing them, extracting value and managing financial risk.