Course coordinator
Dr Leo Luong
Course overview
- Study period
- Semester 2, 2024 (22/07/2024 - 18/11/2024)
- Study level
- Undergraduate
- Location
- St Lucia
- Attendance mode
- In Person
- Units
- 2
- Administrative campus
- St Lucia
- Coordinating unit
- Business School
This course provides an introduction to the fundamental principles of finance that are at the core of financial management decisions. After completing this course, students will be familiar with the financial markets available in Australia and be able to: analyse and interpret financial statement data; value financial instruments using time value of money; evaluate financing and investment (capital budgeting) alternatives; and understand the relationship between risk, return and diversification.
This course will help you understand the financial side of business, but also to enable you to make informed basic financial decisions in your personal and professional life.
This course has been completely re-designed over 2019-2023, and any feedback has been incorporated to date. The required textbook for this course is the UQ Pressbook "Introduction to Financial Management: A Contemporary Approach". This is an online textbook that combines text, videos, interactive activities.
Every week you should complete a module independently and complete a weekly quiz on Blackboard that counts towards your final grade. These quizzes are there to ensure you keep up with the materials and come prepared for your weekly tutorials. Lectures are conducted every 2 weeks to review materials and to prepare for workshop assignments. During the semester, there will be four assignments where you apply your knowledge to real-world problems, including a 2 hour workshop session for each assignment.
Course requirements
Assumed background
It is highly recommended that students successfully complete ACCT1101 before enrolling in this course.ﾠ
Prerequisites
You'll need to complete the following courses before enrolling in this one:
ACCT1101 or 1110
Incompatible
You can't enrol in this course if you've already completed the following:
FINM1415 or 2400 or 2401 or 2411 or 2412 or 7401 or 7409 or 7805
Restrictions
Students enrolled in the BCom or BCom duals or the BAdvBus(Hons) or BAdvFin&Econ(Hons) programs cannot enrol in this course.
Course contact
Course staff
Lecturer
Dr Leo Luong
Tutor
Mr Zachary Grice
Mr Leonardo Rodino
Mr Joshua Suherman
Timetable
The timetable for this course is available on the UQ Public Timetable.
Additional timetable information
Seminars: 2-hour seminars every 2 weeks (weeks 1, 3, 5, 7, 9, 11, 13).
Tutorials: Weekly tutorials beginning in week 2. Please sign on via MyTimetable.
Workshops: There are 4 assignments, each of which includes a 2-hour workshop (weeks 3, 7, 9, and 11) where you start your team component. It is compulsory to attend the workshop to get
marks for the team component of the assignment. Please allocate yourself to a workshop stream via MyTimetable. You must attend the session you are enrolled in.
Please note: Teaching staff do not have access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you email business.mytimetable@uq.edu.au from your UQ student email account with the following details:
- Full Name
- Student ID
- Course Code
Aims and outcomes
This course aims to provide students with the knowledge and understanding to make informed financial decisions in a business context. The course addresses the principal financial decisions facing managers. After completing this course, students will be able to: describe the core principles underlying finance; value financial instruments using time value of money; evaluate financing and investment (capital budgeting) alternatives; understand the relationship between risk, return and diversification; and critically evaluate theories taught, particularly in the context of sustainability.
Learning outcomes
After successfully completing this course you should be able to:
LO1.
Explain different theories on the role of business and finance, and analyse financial decisions in the context of global challenges
LO2.
Apply the concept of time-value of money to a wide range of valuation problems and financial instruments (shares, bonds), and describe how financial markets work
LO3.
Make project investment decisions based on an understanding of capital budgeting techniques and critically evaluate the resulting analysis
LO4.
Evaluate the risk, return, and cost of capital of an investment based on an understanding of the relationship between risk, return and the Capital Asset Pricing Model (CAPM)
LO5.
Interact effectively with a team to discuss ideas and work towards a common outcome
Assessment
Assessment summary
| Category | Assessment task | Weight | Due date |
|---|---|---|---|
| Quiz |
Online weekly quizzes
|
15% Best 9 of 12 |
31/07/2024 8:00 am 7/08/2024 8:00 am Due Tuesday due to Wednesday public holiday (EKKA public holiday, 14/8) 13/08/2024 8:00 am 21/08/2024 8:00 am 28/08/2024 8:00 am 4/09/2024 8:00 am 11/09/2024 8:00 am 18/09/2024 8:00 am 2/10/2024 8:00 am 9/10/2024 8:00 am 16/10/2024 8:00 am 23/10/2024 8:00 am |
| Paper/ Report/ Annotation, Participation/ Student contribution, Practical/ Demonstration, Product/ Design |
Assignments
|
45% Best 3 of 4 |
The objective of the firm Week 3 - Week 4 Mon Time value of money Week 7 - Week 8 Mon Valuation Week 9 - Week 10 Mon Capital Budgeting Week 11 - Week 12 Mon
Individual component due by Monday 8:00AM in the workshop week Group component during scheduled workshop |
| Examination |
Final Exam
|
40% |
End of Semester Exam Period 2/11/2024 - 16/11/2024 |
A hurdle is an assessment requirement that must be satisfied in order to receive a specific grade for the course. Check the assessment details for more information about hurdle requirements.
Assessment details
Online weekly quizzes
- Online
- Mode
- Written
- Category
- Quiz
- Weight
- 15% Best 9 of 12
- Due date
31/07/2024 8:00 am
7/08/2024 8:00 am
Due Tuesday due to Wednesday public holiday (EKKA public holiday, 14/8) 13/08/2024 8:00 am
21/08/2024 8:00 am
28/08/2024 8:00 am
4/09/2024 8:00 am
11/09/2024 8:00 am
18/09/2024 8:00 am
2/10/2024 8:00 am
9/10/2024 8:00 am
16/10/2024 8:00 am
23/10/2024 8:00 am
- Learning outcomes
- L01, L02, L03, L04
Task description
Preparation and independent study are an essential part of the learning activities in FINM1416. These activities will be assessed through a series of weekly online quizzes. The best 9 out of 12 quizzes with your highest scores will count towards your total score on this assessment item.
Quizzes are due on Wednesday 8:00am in the week following your independent study of the Module. This will help keep you up with the material and will assist your tutor and lecturer in understanding which topics you are finding most difficult.
AI Statement:
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Submitted online on Blackboard
Deferral or extension
You cannot defer or apply for an extension for this assessment.
Late submission
A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.
Assignments
- Team or group-based
- In-person
- Mode
- Product/ Artefact/ Multimedia
- Category
- Paper/ Report/ Annotation, Participation/ Student contribution, Practical/ Demonstration, Product/ Design
- Weight
- 45% Best 3 of 4
- Due date
The objective of the firm Week 3 - Week 4 Mon
Time value of money Week 7 - Week 8 Mon
Valuation Week 9 - Week 10 Mon
Capital Budgeting Week 11 - Week 12 Mon
Individual component due by Monday 8:00AM in the workshop week
Group component during scheduled workshop
- Other conditions
- Peer assessed, Peer assessment factor.
- Learning outcomes
- L01, L02, L03, L04, L05
Task description
There are 4 assignments during the semester. Each assignment will consist of an individual component (counting for 50% of the assignment mark) and a group component (50%).
The individual component is to be submitted on Blackboard by Monday 8:00AM in the workshop week. The group component will corroborate and build upon the individual component.
The group component consists of 2 parts. The 1st part is to be completed within the 2-hr workshop session and is thus due by the end of your workshop session. The 2nd part is to be submitted at 12:00pm exactly one week following your actual workshop session. The components for submission may include short videos, Excel spreadsheets, or reports, and details of the assignments will be posted at least 2 weeks before the individual component is due.
Your best three workshop scores will each be worth 15% of your final grade for this course.
AI Statement:
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Submit via the Assessment folder on Blackboard.
Deferral or extension
You cannot defer or apply for an extension for this assessment.
Late submission
A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.
Final Exam
- Hurdle
- Identity Verified
- In-person
- Mode
- Written
- Category
- Examination
- Weight
- 40%
- Due date
End of Semester Exam Period
2/11/2024 - 16/11/2024
- Other conditions
- Time limited.
- Learning outcomes
- L01, L02, L03, L04
Task description
The final exam will consist of multiple-choice, problem-solving, short-answer, and essay questions.
To achieve a grade of 4 or better in FINM1416, you must score at least 40% on the final exam. Students who score less than 40% on the final exam, but more than 50% overall, will be given a grade of 3. In other words, this is a hurdle exam: YOU MUST SCORE AT LEAST 40% ON THE FINAL EXAM TO PASS THIS COURSE.
AI Statement:
This assessment task is to be completed in-person. The use of generative Artificial Intelligence (AI) tools will not be permitted. Any attempted use of Generative AI may constitute student misconduct under the Student Code of Conduct.
Hurdle requirements
40%Exam details
| Planning time | 10 minutes |
|---|---|
| Duration | 120 minutes |
| Calculator options | (In person) Casio FX82 series or UQ approved , labelled calculator only |
| Open/closed book | Closed Book examination - no written materials permitted |
| Exam platform | Paper based |
| Invigilation | Invigilated in person |
Submission guidelines
Deferral or extension
You may be able to defer this exam.
Course grading
Full criteria for each grade is available in the Assessment Procedure.
| Grade | Cut off Percent | Description |
|---|---|---|
| 1 (Low Fail) | 0 - 29 |
Absence of evidence of achievement of course learning outcomes. |
| 2 (Fail) | 30 - 46 |
Minimal evidence of achievement of course learning outcomes. |
| 3 (Marginal Fail) | 47 - 49 |
Demonstrated evidence of developing achievement of course learning outcomes |
| 4 (Pass) | 50 - 64 |
Demonstrated evidence of functional achievement of course learning outcomes. |
| 5 (Credit) | 65 - 74 |
Demonstrated evidence of proficient achievement of course learning outcomes. |
| 6 (Distinction) | 75 - 84 |
Demonstrated evidence of advanced achievement of course learning outcomes. |
| 7 (High Distinction) | 85 - 100 |
Demonstrated evidence of exceptional achievement of course learning outcomes. |
Additional course grading information
Grades will be allocated according to University-wide standards of criterion-based assessment.
Supplementary assessment
Supplementary assessment is available for this course.
Learning resources
You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.
Library resources
Library resources are available on the UQ Library website.
Learning activities
The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.
Filter activity type by
Please select
| Learning period | Activity type | Topic |
|---|---|---|
Week 1 |
Not Timetabled |
Module 1 - What is Financial Management? Learning outcomes: L01 |
Lecture |
Lecture 1 - Introduction Learning outcomes: L01 |
|
Week 2 |
Tutorial |
Tutorial 1 - What is financial management Learning outcomes: L01 |
Not Timetabled |
Module 2 - The Five Principles of Finance Learning outcomes: L02, L03, L04 |
|
Week 3 |
Workshop |
Workshop 1 Learning outcomes: L01, L05 |
Tutorial |
Tutorial 2 - The five principles of Finance Learning outcomes: L02, L03, L04 |
|
Not Timetabled |
Module 3 - Time value of money (Part 1) Learning outcomes: L02 |
|
Lecture |
Lecture 2 - Module 1 & 2 Learning outcomes: L05 |
|
Week 4 |
Tutorial |
Tutorial 3 - Time value of money (Part 1) Royal Queensland Show Public Holiday - Wednesday 14 Aug 2024 - Check Blackboard for announcements about affected classes. Learning outcomes: L02 |
Not Timetabled |
Module 4 - Time value of money (Part 2) Learning outcomes: L02 |
|
Week 5 |
Tutorial |
Tutorial 4 - Time value of money (Part 2) Learning outcomes: L02 |
Not Timetabled |
Module 5 - Valuing debt Learning outcomes: L02 |
|
Lecture |
Lecture 3 - Module 3 & 4 Learning outcomes: L02 |
|
Week 6 |
Tutorial |
Tutorial 5 - Valuing debt Learning outcomes: L02 |
Not Timetabled |
Module 6 - Valuing shares Learning outcomes: L02 |
|
Week 7 |
Workshop |
Workshop 2 Learning outcomes: L02, L05 |
Tutorial |
Tutorial 6 - Valuing shares Learning outcomes: L02 |
|
Not Timetabled |
Module 7 - Capital budgeting methods Learning outcomes: L03 |
|
Lecture |
Lecture 4 - Module 5 & 6 Learning outcomes: L03 |
|
Week 8 |
Tutorial |
Tutorial 7: Capital budgeting methods Learning outcomes: L03 |
Not Timetabled |
Module 8 - NPV - Relevant Cash flows Learning outcomes: L03 |
|
Week 9 |
Workshop |
Workshop 3 Learning outcomes: L05 |
Tutorial |
Tutorial 8: NPV - Relevant cash flows Learning outcomes: L03 |
|
Not Timetabled |
Module 9: NPV - Modelling and Analysis Learning outcomes: L03 |
|
Lecture |
Lecture 5 - Module 7 & 8 Learning outcomes: L03, L04 |
|
Mid Sem break |
No student involvement (Breaks, information) |
In-Semester Break |
Week 10 |
Tutorial |
Tutorial 9: NPV - Modelling and analysis Learning outcomes: L03 |
Not Timetabled |
Module 10: Risk and Return Learning outcomes: L04 |
|
Week 11 |
Workshop |
Workshop 4 King's Birthday Public Holiday - Monday 7 Oct 2024 - Check Blackboard for announcements about affected classes. Learning outcomes: L03, L05 |
Tutorial |
Tutorial 10: Risk and Return King's Birthday Public Holiday - Monday 7 Oct 2024 - Check Blackboard for announcements about affected classes. Learning outcomes: L04 |
|
Not Timetabled |
Module 11: Cost of capital Learning outcomes: L04 |
|
Lecture |
Lecture 6 - Module 9 & 10 Learning outcomes: L01, L04 |
|
Week 12 |
Tutorial |
Tutorial 11: Cost of capital Learning outcomes: L04 |
Not Timetabled |
Module 12: Business purpose & sustainability Learning outcomes: L01 |
|
Week 13 |
Tutorial |
Tutorial 12: Business purpose & sustainability Learning outcomes: L01 |
Lecture |
Lecture 7 - Module 11 & 12 & Revision Learning outcomes: L01, L02, L03, L04 |
Additional learning activity information
Sustainable Development Goals
This course integrates the following Sustainable Development Goals (SDGs) throughout course learning activities.
Goal 11: Sustainable cities and communities
Policies and procedures
University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:
- Student Code of Conduct Policy
- Student Integrity and Misconduct Policy and Procedure
- Assessment Procedure
- Examinations Procedure
- Reasonable Adjustments - Students Policy and Procedure
Learn more about UQ policies on my.UQ and the Policy and Procedure Library.