1 x 2-hour lecture weekly
1 x 50-minute tutorial weekly
1 of BUSN2007, BUSN2037
Enrolment not permitted
BUSN3004 has been successfully completed
Topic description

This topic is concerned with the theory and practice of financial management of business corporations. The concepts and issues introduced in BUSN2037 Financial Management will be extended to consider investment, financing and valuation decisions of the firm at a more advanced level, and also interactions between these decisions. A number of more applied topics will also be covered including real options, corporate acquisitions, corporate restructuring, and corporate governance.

Educational aims

This topic aims to:

  • Introduce students to the important theoretical foundations and principles that underpin modern corporate finance practice
  • Develop an understanding of the relationship between corporate finance theory and practice and effective and responsible governance, decision making and business objectives
Expected learning outcomes
On completion of this topic you will be expected to be able to:

  1. Identify and evaluate the role of risk in determining project cost of capital
  2. Evaluate investment decisions under uncertainty using a range of evaluation methods such as sensitivity analysis and decision trees analysis
  3. Apply real options analysis and credit risk analysis
  4. Describe and apply the main techniques for risk management using financial instruments
  5. Describe the theories and applications surrounding a merger or a takeover and the similarities and differences
  6. Identify the various types of corporate restructuring transactions
  7. Explain the significance of agency problems and corporate governance and contrast different corporate governance regimes around the world

Key dates and timetable

(1), (2)

Each class is numbered in brackets.
Where more than one class is offered, students normally attend only one.

Classes are held weekly unless otherwise indicated.


If you are enrolled for this topic, but all classes for one of the activities (eg tutorials) are full,
contact your College Office for assistance. Full classes frequently occur near the start of semester.

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If this padlock appears next to an activity name (eg Lecture), then class registration is closed for this activity.

Class registration normally closes at the end of week 2 of each semester.

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Registration in the stream will result in registration in all classes.
  Unless otherwise advised, classes are not held during semester breaks or on public holidays.