Course coordinator
Mr Mark Tanner
Consultation by appointment. Usually after class on Friday.
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
An advanced course in corporate finance, covering a range of topical corporate finance issues including cost of capital, corporate valuation, and corporate restructuring.
There are a number of weeks covering advanced financial modelling techniques, an intensive industry case study, and a semester long corporate finance pitch.
The corporate finance pitch is a team based assignment. You will be required to attend the offices of your assigned industry coach, at a time convenient to them 4 times throughout the semester. The final pitch will be delivered downtown at an industry partner's office.ﾠThe industry sessions are compulsory and will cover key content on how professional advisers practise their profession.
Course requirements
Prerequisites
You'll need to complete the following courses before enrolling in this one:
FINM2415 or 3401 or 3411
Restrictions
Restricted to students enrolled in the BAdvFinEcon(Hons), BAdvBus(Hons) and BCom(Hons) programs
Course contact
Course staff
Lecturer
Timetable
The timetable for this course is available on the UQ Public Timetable.
Additional timetable information
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 aimsﾠto provide a deeper understanding of selected topics in corporate finance.
The course has a strong emphasis on the practicalﾠapplication of corporate finance in a real world setting. With industry participation and applied assessment.
Learning outcomes
After successfully completing this course you should be able to:
LO1.
Research trends in corporate finance activities within Australian and/or overseas markets of interest and correctly interpret meanings and trends.
LO2.
Analyse several aspects that relate to a firm's finance such as capital structure, cost of capital, payout policy, financing decisions, capital raising, merger and acquisition.
LO3.
Evaluate the impact of various aspects of accounting and legal considerations.
LO4.
In teams, prepare and present a detailed corporate finance pitch.
LO5.
Develop professional self-awareness and critical industry skills, such as financial modelling and analysis, research, presentation writing and verbal presentation skills.
Assessment
Assessment summary
| Category | Assessment task | Weight | Due date |
|---|---|---|---|
| Paper/ Report/ Annotation | Case study | 30% |
26/08/2024 3:00 pm |
| Presentation, Product/ Design |
Corporate Finance Pitch
|
60% |
21/10/2024
Presentation slides due 1 day prior to Seminar. Presentations held during Seminar. |
| Notebook/ Logbook, Reflection | Reflective Journal | 10% Individual |
4/11/2024 3:00 pm |
Assessment details
Case study
- Mode
- Written
- Category
- Paper/ Report/ Annotation
- Weight
- 30%
- Due date
26/08/2024 3:00 pm
- Learning outcomes
- L01
Task description
You will be required to:
- Complete a 2,800 word critique and discussion of current trends of M&A activity that is occurring in the market place
- Draw data from databases and news databases and form views of current and future trends
- Draw upon evidence and where appropriate academic literature to back-up your argument
- Suggest to M&A / LBO opportunities to work on during the team assignment - please describe the rationale in 150 word each
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Submit the paper to the Turnitin submission point by the due date.
Deferral or extension
You may be able to apply for an extension.
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.
Corporate Finance Pitch
- Identity Verified
- Team or group-based
- In-person
- Mode
- Oral, Product/ Artefact/ Multimedia
- Category
- Presentation, Product/ Design
- Weight
- 60%
- Due date
21/10/2024
Presentation slides due 1 day prior to Seminar. Presentations held during Seminar.
- Other conditions
- Peer assessed, Peer assessment factor.
- Learning outcomes
- L02, L03, L04
Task description
This is a team based assignment. You must select a corporate finance topic to create a pitch. The topic must be approved by the end of week 6.
Your team will be assigned a fourth year adviser. You will be required to organise and attend weekly coaching sessions with your advisers during the semester.
There will be some industry sessions during weeks 8-13 of the semester, where you will be able to ask more detailed questions of the industry advisors.
You must prepare a detailed slide deck for a 20 minute presentation with 10 minutes of questions time.
Please note that during the semester you will be required to completed a peer assessment of yourself and peers in terms of your and their contribution to the team assignment. You will complete 3 in total. The three scores will be averaged so that you will receive a score out of 5. This score will be converted to a percentage and multiplied by your team score. Thus a 5 will mean you get your team score, whereas a 4 means you get 80% of the team score.
Please Note: The presentation will be recorded for marking purposes per UQ Policy.
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Submit presentation slides via Blackboard 1 day prior to Presentation
Deferral or extension
You cannot defer or apply for an extension for this assessment.
No extensions are available for this assessment due to availability of industry advisors.
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.
Reflective Journal
- Mode
- Written
- Category
- Notebook/ Logbook, Reflection
- Weight
- 10% Individual
- Due date
4/11/2024 3:00 pm
- Learning outcomes
- L05
Task description
The purpose of the Reflective Journal is to encourage your development and transition to becoming a reflective practitioner who can articulate workplace learnings in order to grow and extend workplace skills and knowledge.
Using the authentic team project as an example of a workplace like learning, we ask that you complete a self-assessment and reflect on how you performed, where you exceed your own expectations and where you feel short, and how you might approach things differently in the future and what skills you believe you need to improve to be effective in the workplace. How might you have the opportunity to practice those skills (in a workplace, internship, competition, other)?
This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.
Submission guidelines
Submit via Blackboard submission link.
Deferral or extension
You may be able to apply for an extension.
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.
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
Find the required and recommended resources for this course 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 |
Tutorial |
No Tutorials |
Seminar |
Introduction & M&A Overview We will focus on introducing the course and the case study assessment. An overview of both M&A and basic modelling for mergers will also be provided. Learning outcomes: L01 |
|
Week 2 |
Tutorial |
Tutorial 1 Please note that tutorials will run from week 2 - 13. Assisting with the material covered in seminars, workshops and providing support for the team based assignment. Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Legal and Accounting considerations for M&A (self-directed) Legal & accounting considerations for M&A. This will be self-directed in light of interbank week taking place over this same week. Readings and content will be provided prior. Learning outcomes: L03 |
|
Week 3 |
Tutorial |
Tutorial 2 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Overview of Strategy & Powers An introduction to the concept of Strategy and the powers that underpin long-run outperformance Learning outcomes: L02, L03 |
|
Week 4 |
Tutorial |
Tutorial 3 Royal Queensland Show Public Holiday - Wednesday 14 Aug 2024 - Check Blackboard for announcements about affected classes. Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
LBO overview In-depth explanation of leveraged buyouts, their objectives and their execution. A section of the lecture will be reserved for a modelling example. Learning outcomes: L03 |
|
Week 5 |
Tutorial |
Tutorial 4 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Industry Case Studies - Intern Panel An industry partner will present case studies from a real client situation. Additionally, industry partners will be available to ask questions of during various workshops delivered throughout remaining weeks. More details will be provided on Blackboard. Learning outcomes: L04 |
|
Week 6 |
Tutorial |
Tutorial 5 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Private Equity Overview & Investment Approach - EQT Learning outcomes: L02 |
|
Week 7 |
Tutorial |
Tutorial 6 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
LBO Modelling - Guest Lecturers Detail of modelling an LBO Learning outcomes: L04 |
|
Week 8 |
Tutorial |
Tutorial 7 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Financial Sponsors Financing - UBS LBO Financing - UBS Ben Devine Learning outcomes: L04 |
|
Week 9 |
Tutorial |
Tutorial 8 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Industry Case Studies & Training An industry partners will present case studies from a real client situations. And Industry partners will be available to ask questions of during various workshops delivered throughout remaining weeks. More details will be provided on Blackboard. Learning outcomes: L04 |
|
Mid Sem break |
No student involvement (Breaks, information) |
In-Semester Break |
Week 10 |
Tutorial |
Tutorial 9 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Industry Case Studies & Training An industry partners will present case studies from a real client situations. Learning outcomes: L04, L05 |
|
Week 11 |
Tutorial |
Tutorial 10 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Industry Case Studies & Training An industry partners will present case studies from a real client situations. King's Birthday Public Holiday - Monday 7 Oct 2024 - Check Blackboard for announcements about affected classes. Learning outcomes: L04 |
|
Week 12 |
Tutorial |
Tutorial 11 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Industry Case Studies & Training An industry partners will present case studies from a real client situations. Learning outcomes: L04 |
|
Week 13 |
Tutorial |
Tutorial 12 Learning outcomes: L01, L02, L03, L04, L05 |
Seminar |
Presentation of Pitch The aim is to present the pitches in front of an industry partner. Learning outcomes: L04, L05 |
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.