Also refer to the MCom + MIB Student Guide

Description

This unit aims to provide students with a knowledge and understanding of the principles and techniques underlying theory and practice in Corporate Finance, Structured Finance and Capital Markets. You will learn about different modelling techniques and will need to understand the usefulness and shortcomings of these techniques when applied in practice. It primarily aims to give you the tools for quantitative analysis of transactions and securities including valuation and risk management for capital projects and securities. The unit also aims to give instruction in the use of excel spreadsheet software for financial modelling and valuation of investment projects, complex transactions and capital market securities including debt, equity and hybrids. It should assist you to develop an ability to analyse practical problems in the Corporate and Structured Finance and Capital Markets area. This unit takes a quantitative / valuation approach to corporate and structured finance.

Note: This unit will cover part of the syllabus of module 2 of the specialist examinations in investment and finance of the Institute of Actuaries of Australia.

Topics

• Methods for Investment evaluation and Capital Budgeting
• Structured Finance: Leveraged Leases and other tax effective methods of financing
• Financial Markets, Financial Securities, raising finance by issuing new securities
• Capital Structure and Dividend Policy
• Mergers, Takeovers and Corporate Restructuring
• Corporate Liabilities and International Finance
• Valuation and analysis of Debt Securities
• Valuation of projects, business ventures and equity securities
• Forward, Futures, Swap and Option Contracts
• Introduction to Risk Management
• Introduction to Corporate Governance