KING’S OWN INSTITUTE* Success in Higher Education FIN700 FINANCIAL MANAGEMENT T319 All information contained within this Subject Outline applies to all students enrolled in the trimester as indicated....

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KING’S OWN INSTITUTE* Success in Higher Education FIN700 FINANCIAL MANAGEMENT T319 All information contained within this Subject Outline applies to all students enrolled in the trimester as indicated. 1. General Information 1.1 Administrative Details Associated HE Award(s) Duration Level Subject Coordinator Graduate Certificate in Business Graduate Diploma of Business Master of Accounting Master of Professional Accounting 1 trimester Postgraduate Ruhina Karim [email protected] P: 92833583 L: Level 1, 545 Kent St. Consultation: via Moodle or by appointment 1.2 Core / Elective This is a core subject for the Master of Accounting, the Master of Professional Accounting and the Graduate Diploma of Business, and an elective subject for the Graduate Certificate of Business. 1.3 Subject Weighting Indicated below is the weighting of this subject and the total course points. Subject Credit Points Total Course Credit Points 4 GCBus 16; GDBus 32; MAcc 48; MPA 64 1.4 Student Workload Indicated below is the expected student workload per week for this subject No. Timetabled Hours/Week* No. Personal Study Hours/Week** Total Workload Hours/Week*** 4 hours/week (2 hour Lecture + 2 hour Tutorial) 6 hours/week 10 hours/week * Total time spent per week at lectures and tutorials ** Total time students are expected to spend per week in studying, completing assignments, etc. *** Combination of timetable hours and personal study. 1.5 Mode of Delivery On-campus 1.6 Pre-requisites Nil 1.7 General Study and Resource Requirements o Students are expected to attend classes with the weekly worksheets and subject support material provided in Moodle. Students should read this material before coming to class to improve their ability to participate in the weekly activities. o Students will require access to the internet and their KOI email and should have basic skills in word processing software such as MS Word, spreadsheet software such as MS Excel and visual presentation software such as MS PowerPoint. o Computers and WIFI facilities are extensively available for student use throughout KOI. Students are encouraged to make use of the campus Library for reference materials. FIN700 FINANCIAL MANAGEMENT T319 14/10/2019 16:49 PAGE 1 OF 15 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A Approved by KOI Academic Board for T3 2019 mailto:[email protected] FIN700 1 Academic Details 2.1 Overview of the Subject This subject provides a practical understanding of corporate financial management, portfolio management and the tools of financial decision-making and covers financial mathematics, investment and financing decisions, introduction to portfolio theory, the capital asset pricing model and risk management. 2.2 Graduate Attributes for Postgraduate Courses Graduates of Postgraduate courses from King’s Own Institute will gain the graduate attributes expected from successful completion of a Master’s degree under the Australian Qualifications Framework (2nd edition, January 2013). Graduates at this level will be able to apply an advanced body of knowledge in a range of contexts for professional practice or scholarship and as a pathway for further learning. King’s Own Institute’s key generic graduate attributes for a masters level degree are summarised below: 2.3 Subject Learning Outcomes Listed below, are key knowledge and skills students are expected to attain by successfully completing this subject: Subject Learning Outcomes Contribution to Course Graduate Attributes a) Describe the basic building blocks of finance, including the goals of the firm and the time value of money, and apply them in the business context to investment, financing and dividend decisions b) Use techniques from finance to solve problems, and apply the methodology to the valuation of securities and the solutions to investment and business decision-making KOI Master Degree Graduate Attributes Detailed Description Knowledge Current, comprehensive and coherent knowledge, including recent developments and applied research methods Critical Thinking Critical thinking skills to identify and analyse current theories and developments and emerging trends in professional practice Communication Communication and technical skills to analyse and theorise, contribute to professional practice or scholarship, and present ideas to a variety of audiences Research and Information Literacy Cognitive and technical skills to access and evaluate information resources, justify research approaches and interpret theoretical propositions Creative Problem Solving Skills Cognitive, technical and creative skills to investigate, analyse and synthesise complex information, concepts and theories, solve complex problems and apply established theories to situations in professional practice Ethical and Cultural Sensitivity Appreciation and accountability for ethical principles, cultural sensitivity and social responsibility, both personally and professionally Leadership and Strategy Initiative, leadership skills and ability to work professionally and collaboratively to achieve team objectives across a range of team roles Expertise in strategic thinking, developing and implementing business plans and decision making under uncertainty Professional Skills High level personal autonomy, judgement, decision-making and accountability required to begin professional practice FIN700 FINANCIAL MANAGEMENT T319 14/10/2019 16:49 PAGE 2 OF 15 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A Approved by KOI Academic Board for T3 2019 FIN700 c) Explain the relationship between expected return and risk, with reference to historical outcomes d) Explain the nature and uses of the capital asset pricing model, the determination of the cost of capital and its components, and the theory and practice of capital structure e) Analyze the process of portfolio construction and the nature and uses of financial derivatives in risk management. 2.4 Subject Content and Structure Below are details of the subject content and how it is structured, including specific topics covered in lectures and tutorials. Reading refers to the text unless otherwise indicated. Weekly Planner: Week (beginning) Topic covered in each week’s lecture Reading(s) Expected work as listed in Moodle 1 04 Nov Introduction to financial management Ch.1 Tutorial exercises 2 11 Nov Time value of money Ch. 5 Tutorial exercises Quiz 1 due 3 18 Nov Valuation of securities Ch. 6 Tutorial exercises Quiz 2 due 4 25 Nov Investment decision-making Ch. 7 Tutorial exercises Quiz 3 due 5 02 Dec Investment decision-making Ch. 8 Revision – Chaps 1, 5, 6 & 7 Quiz 4 due and Quiz 5 in class 6 09 Dec Mid trimester exam Mid trimester exams Tutorial Exercises, Intro to Group Assignment 7 16 Dec Returns and risk Ch. 10 Tutorial exercises 22 Dec 2019 – 05 Jan 2020 Mid trimester break 8 06 Jan Capital asset pricing model Ch. 11 Tutorial exercises Quiz 6 due 9 13 Jan Cost of capital Ch. 17 Tutorial exercises Quiz 7 due Group assignment due Deferred mid trimester exams - see Section 2.6 below for more information 10 20 Jan Capital structure Ch. 19 Tutorial exercises Quiz 8 due 11 27 Jan Risk management Ch. 20 Tutorial Exercises Quiz 9 due 12 03 Feb Revision Tutorial exercises Quiz 10 due 13 10 Feb Study review week 14 17 Feb Final Exam Week Please see exam timetable for exam date, time and location 15 23 Feb Student Vacation begins Enrolments for T120 open FIN700 FINANCIAL MANAGEMENT T319 14/10/2019 16:49 PAGE 3 OF 15 *AUSTRALIAN INSTITUTE OF BUSINESS AND MANAGEMENT PTY LTD © ABN: 72 132 629 979 CRICOS 03171A Approved by KOI Academic Board for T3 2019 FIN700 2.5 Public Holiday Amendments Please note: KOI is closed on all scheduled NSW Public Holidays. T319 has one (1) public holiday (Australia Day) that occurs during classes this trimester. Classes scheduled for this public holiday (Calendar Class Dates) will be rescheduled as per the table below. This applies to all subjects taught in T319. Please see the table below and adjust your class timing as required. Please make sure you have arrangements in place to attend the rescheduled classes if applicable to your T319 enrolment. Classes will be conducted at the same time and in the same location as your normally scheduled class except these classes will be held on the date shown below. Calendar Class Date Rescheduled Class Date Monday 27 January 2020 (Week 11) Monday 10 February 2020 (Week 13) (Study Review Week) 2.6 Review of Grade, Deferred Exams & Supplementary Exams/Assessments Review of Grade: There may be instances when you believe that your final grade in a subject does not accurately reflect your performance against the subject criteria. Section 8 of the Assessment and Assessment Appeals Policy (www.koi.edu.au) describes the grounds on which you may apply for a Review of Grade. If this happens and you are unable to resolve it with the Academic staff concerned then you can apply for a formal Review of Grade within the timeframes indicated in the following sections of this subject outline - Supplementary Assessments, 3.6 Appeals Process as well as the Assessment and Assessment Appeals Policy. Please ensure you read the Review of Grade information before submitting an application. Review of Grade Day: KOI will hold the Review of Grade Day for all subjects studied in T319 on Friday 06 March 2020 Only final exams will be discussed as all other assessments should have been reviewed during the trimester. If you fail one or more subjects and you wish to consider applying for a Review of Grade you MUST attend the Review of Grade Day. You will have the chance to discuss your final exam with your lecturer, and
Answered Same DayJan 08, 2021FIN700

Answer To: KING’S OWN INSTITUTE* Success in Higher Education FIN700 FINANCIAL MANAGEMENT T319 All information...

Shakeel answered on Jan 10 2021
132 Votes
Answer 3
Machine’s cost    =    $75,000
Loan period        =    7 years
No of quarters        =    7*4
            =    28
Interest
rate        =    7.20% p.a. compounded quarterly
Quarterly interest    =    7.20 / 4
            =    1.80%
1. The quarterly payment    =    75,000 / PVIFA (1.80%, 28)
                =    75,000 / 21.8432
                =    $3,433.56
2. If quarterly payment is $3,867
Let the number of quarters needed to pay the loan be n
Then,     3,867*PVIFA (1.80%, n) = 75,000
    PVIFA (1.80%, n)    =    75,000 / 3,867
    PVIFA (1.80%, n)    =    19.3949
    From table, at n = 24, PVIFA (1.80%, 24) = 19.3495
Thus, approx value of n would be 24
Thus, he would have to take 6 years to pay off the loan.
Answer 4
Current age    =    34 years
Retirement age    67 years
No of years left...
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