FIN342 Applied Corporate Finance

This subject focuses on the activities that should be undertaken within a company to implement effective financial management, and also the financial issues it may be face. It considers the range of funding options facing firms and provides a theoretical framework upon which to make these decisions.  The subject also discusses the role of the finance manager managing working capital and long-term assets. Practical application is achieved though analysis of both real Australian companies and scenarios (including liquidation) and hypothetical scenarios.

For more information, please refer to the subject outline.

For Study Period 6 2021 onwards, please refer to the subject outline here.

  • Learning outcomes
    • On successful completion of this subject, individuals should be able to:

      1. Critically assess the objectives and processes of corporate financial management.
      2. Analyse the roles of the key stakeholders and decision makers in a corporation’s financial management.
      3. Evaluate corporate financial management strategies such as working capital management and capital budgeting.
      4. Integrate the key theories which inform the fundraising and capital structure management process.
      5. Apply corporate finance principles in a practical setting.
  • Subject content
    • Topic Title
      Topic 1 Corporate finance and financial management
      Topic 2 Corporate governance and financial risk management
      Topic 3 Working capital management
      Topic 4 Capital budgeting fundamentals
      Topic 5 Applications in capital budgeting
      Topic 6 Financing fundamentals
      Topic 7 Applications in financing
      Topic 8 Mergers and Acquisitions: Corporate finance applications

  • Duration
    • The duration of this subject is one study period (12 weeks).

  • Assessment
    • Assessment Type Assessed Weighting
      Assignment Week 6 50%
      Assignment Week 12 50%

       

      For Study Period 6 2021 onwards

      Assessment Type Assessed Weighting
      Assignment 1 Week 4 20%
      Assignment 2 Week 7 40%
      Assignment 3 Week 12 40%

       

      Click here for an assessment timetable.

  • Prerequisites
    • There are no prerequisites for this subject. However please review the Assumed Knowledge tab to understand the prior knowledge Kaplan advises you should hold before enrolling in this subject.

  • Assumed knowledge
    • Whilst there are no prerequisites for this subject, Kaplan assumes that individuals have completed FIN203 Fundamentals of Equity Markets, FIN204 Fundamentals of Risk, and FIN205 Business Valuation or understand the content covered in those subjects, prior to undertaking FIN342 Applied Corporate Finance.

  • Course transition subject equivalence
    • Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects within the course completion timeframe:

      • M42 Corporate Financial Management
  • Reading list
    • Prescribed text

      • Parrino, R, Yong, HHA, Dempsey, M, Morkel-Kingsbury, N, Ekanayake, S, James, J, Murray, J 2019, Fundamentals of corporate finance, Australasian, 3rd edn, John Wiley & Sons, Milton.

      Retailers of educational books include Co-op Bookshop and Boffins Bookshop. Texts can also be borrowed from the Kaplan Professional library or other libraries. Details of required and further reading are provided in the subject room.  

      Purchase of any text other than a prescribed text is not required.

       

      From Study Period 6 2021 onwards

      There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan’s online databases. Individuals are encouraged to research and read widely on the topic.