BFC2140 Corporate Finance 1 (Sem 1 2021)


Difficulty:

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Year Completed: Semester 1, 2021

Prerequisite: ECC1000

 (or ECW1101, or ECB1101, or ECF1100)

 

Exemption:

CB1 Business Finance

ACC1100 (50%), BFC2140 (50%)

Weighted average of 70% required. Minimum of 60% required for each unit.


Mean Setu Score: 83.4%

 

Clarity of Learning Outcomes: 84.8%

Clarity of Assessments: 86.4%

Feedback: 80.8%

Resources: 81.8%

Engagement: 85.6%

Satisfaction: 80.6%


Subject Content:

Lecture(s) and Tutorial(s):

Textbook(s):

Assessments:

 

Topics included intro to financial math's, multiple cash flow

streams and their evaluation, Valuation of Bonds and Equities,

Capital Budgeting, Evaluating projects (NPV etc), Annuities 

(different types and forms of annuities), cash flow analysis and

replacement decision, Management of Working capital (cash

conversion cycle and its components), break even analysis &

sensitivity analysis, Risk & Return (Portfolio return), Cost of

Capital (calculating Weighted Average Cost of Capital), Capital

Structure of a business (MM1958/1963-Assumption)

1 x 2 hour lecture

1 x 1 hour tutorial

Fundamentals of corporate finance – this textbook complemented

the course material well and was good to use as pre-reading

before lectures.

MyFinance Lab Online Quiz 10%

Mid-Semester Test 30%

Final Exam 60%


Comments

Content was fairly easy and straightforward although the final

exam questions were challenging beyond those of the tutorial

and extremely time constraining.

 

The lectures had a good mix of theory being backed up my

questions and examples showcasing implementation of the

theory.

Tutorials were not entirely necessary to understand the content

but did help in clarifying doubts in the content which may have

seemed vague.

 

Both the final and mid semester exams were extremely

challenging and time constraining. Although practice material

was provided, most questions were far more challenging than

those of the past exams.

 

Theory and concepts are fairly straightforward and easy to grasp

although the exams are unforgiving. Constant practice beyond

material provided and being extremely thorough and testing

yourself against time constraints prior to the final exam is a good

idea in order to score well on the exam.

General Overview:

Lectures:

Tutorials:

Assessments/Other Assessments

Concluding Remarks