CORPFIN 7022NA - Corporate Finance Theory (M)

Ngee Ann Academy - Trimester 2 - 2015

The objective of the course is to gain an appreciation of the theoretical controversies surrounding corporate finance policies, leading to formulation of financing strategies. Topics: competing capital structure theories including financial distress and agency costs, dividend policy and taxation, IPOs in both debt and equity markets, motives for convertibles and warrants, rationales for corporate diversification including internal capital markets and agency theory.

  • General Course Information
    Course Details
    Course Code CORPFIN 7022NA
    Course Corporate Finance Theory (M)
    Coordinating Unit Adelaide Business School
    Term Trimester 2
    Level Postgraduate Coursework
    Location/s Ngee Ann Academy
    Units 3
    Available for Study Abroad and Exchange N
    Prerequisites ACCTING 7019NA, CORPFIN 7005NA & COMMERCE 7033NA
    Corequisites ECON 7200NA
    Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture
    Course Staff

    Course Coordinator: Associate Professor Jean Canil

    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes
    By the end of this course students should be able to:
    • Explain and interpret conceptual models and arguments in corporate finance
    • Recognize the model appropriate for structuring a given financial problem
    • Understanding the data requirements of a chosen model
    • Understanding how outputs are sensitive to changed data or assumptions
    • Interpreting the results consistent with the model structure
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1 through 5
    The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 1 through 5
    An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 1 through 5
    Skills of a high order in interpersonal understanding, teamwork and communication. 1 through 5
    A proficiency in the appropriate use of contemporary technologies. 1 through 5
    A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 1 through 5
    A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 1 through 5
    An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 1 through 5
  • Learning Resources
    Required Resources
    Damodaran, Aswath, Corporate Finance: Theory and Practice, 2nd edition, John Wiley & Sons, Inc. 2001
  • Learning & Teaching Activities
    Learning & Teaching Modes

    No information currently available.


    No information currently available.

    Learning Activities Summary

    No information currently available.

  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary
    The assessment of this course is as follows:

    Assignment: The assignment will be handed out to students at the first intensive course, and is to be handed in at the beginning of the second intensive course. It will cover all Topics covered in the first intensive. It is worth 50% of total marks.

    The assignment can be done in a group of no more than 2 students and it is the responsibility of the group to ensure that each student has contributed equally. The first page of your assignment should specify your name(s), student number(s) and the assignment title. It should be completed in Word format. Late assignments will not be accepted unless arrangements have been made with the course co-ordinator prior to the due date. Extensions will only be granted for medical or other serious reasons.

    Final examination: The final component of this course will be an exam, which will cover all topics of the course. More information will be provided in the second session.
    Assessment Detail

    No information currently available.


    No information currently available.

    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy ( course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.