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FINC13-301: Corporate Finance January 2018 [Standard]

General information

Corporate Finance builds upon the basic concepts (time value of money, risk-return trade-off and valuation) introduced in the Fundamentals of Finance (FINC12-200) subject to examine financial decisions facing the firm. The subject builds on the concept of net present value so as to account for uncertainty, taxes and strategic concerns, before using these concepts to analyse investment, financing and dividend decisions from the perspective of financial managers.

Changes due to Commonwealth Games: The University has marginally altered the timetable for the January semester of 2018 (181) to ensure that students have the opportunity to engage with the Commonwealth Games to be held in April 2018. The modified timetable has been designed to not impact on overall subject or program learning outcomes. Some subjects may be delivered in a slightly modified mode to accommodate the change. Specific arrangements will be included on the iLearn site for each subject. All changes to the class schedule have the full approval of University and Academic Unit administration and will not adversely affect student learning or assessment.


Academic unit:Bond Business School
Subject code:FINC13-301
Subject title:Corporate Finance
Subject level:Undergraduate
Semester/Year:January 2018
Credit points:10

Delivery & attendance

Delivery mode:


Workload items:
  • Seminar: x12 (Total hours: 24) - Seminar 1
  • Seminar: x12 (Total hours: 24) - Seminar 2
  • Personal Study Hours: x12 (Total hours: 72) - Recommended study time & reviewing materials
Attendance and learning activities: Attendance is necessary to enable participation in exercises and board room case studies. Students will be divided into groups of 4 and each group will be allocated a case study for which they are to role-model their positions as a corporate advisory team. Based on the case study each advisory team will present to the remainder of the class who act as the corporate board. A visiting chairman of board will be in attendance for case presentations.


Prescribed resources:
  • Berk, J. & DeMarzo, P (2017). Corporate Finance. 4th Global Edition, England: Pearson
[email protected] & Email:[email protected] is the online learning environment at Bond University and is used to provide access to subject materials, lecture recordings and detailed subject information regarding the subject curriculum, assessment and timing. Both iLearn and the Student Email facility are used to provide important subject notifications. Additionally, official correspondence from the University will be forwarded to students’ Bond email account and must be monitored by the student.

To access these services, log on to the Student Portal from the Bond University website as

Enrolment requirements

Requisites: ?


Restrictions: ?


Assurance of learning

Assurance of Learning means that universities take responsibility for creating, monitoring and updating curriculum, teaching and assessment so that students graduate with the knowledge, skills and attributes they need for employability and/or further study.

At Bond University, we carefully develop subject and program outcomes to ensure that student learning in each subject contributes to the whole student experience. Students are encouraged to carefully read and consider subject and program outcomes as combined elements.

Program Learning Outcomes (PLOs)

Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge and skills that will be achieved on completion of the program. If you are undertaking this subject as part of a degree program, you should refer to the relevant degree program outcomes and graduate attributes as they relate to this subject.

Find your program

Subject Learning Outcomes (SLOs)

On successful completion of this subject the learner will be able to:
  1. Identify the importance of ethics in the operation of the financial markets and in the personal conduct of finance professionals.
  2. Understand and integrate the key decisions of the Financial Manager in terms of their impact on firm value.
  3. Analyse and estimate the firm's risk parameters and relate these to required returns.
  4. Separately analyse the capital budgeting or investment decision of the Financial Manager.
  5. Separately analyse the capital structure or financing decision of the Financial Manager.
  6. Separately analyse the dividend decision of the Financial Manager.
  7. Discuss the motivations, payoffs, regulation and procedures in corporate mergers and acquisitions.
  8. Evaluate the key elements of corporate governance and different strategies firms use to reduce agency conflicts.


Assessment details

TypeTask%Timing*Outcomes assessed
Case Analysis § ^ n/a 20% Ongoing 1, 2, 3, 4, 5, 6, 7, 8.
Class Participation Seminar attendance and participation 10% Ongoing 1, 2, 3, 4, 5, 6, 7, 8.
Paper-based Examination (Closed) ^ Mid-semester Examination 35% Mid-Semester Examination Period 1, 2, 3, 4, 5.
Paper-based Examination (Closed) ^ Final Examination 35% Final Examination Period 1, 2, 5, 6, 7, 8.

Pass requirement

There is a necessary pre-conditions that MUST be satisfied in order to achieve a passing grade in this subject: 1. Successful completion of the CFA Institutes Ethics and Standards of Practice online course; CFA Institute Ethics and Standards of Practice This course must be completed by all students. Once you have successfully completed the online course, you will need to show evidence of your email and electronic record to your lecturer for FINC13-301.

  • ^ Students must pass this assessment to pass the subject
  • § Indicates group/teamwork-based assessment
  • * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
  • C = Students must reach a level of competency to successfully complete this assessment.

Assessment criteria

High Distinction 85-100 Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking.
Distinction 75-84 Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas.
Credit 65-74 Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above.
Pass 50-64 Usually awarded to students whose performance meets the requirements set for work provided for assessment.
Fail 0-49 Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines.

Quality assurance

For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.

Study information

Submission procedures

Students must check the [email protected] subject site for detailed assessment information and submission procedures.

Policy on late submission and extensions

A late penalty will be applied to all overdue assessment tasks unless an extension is granted by the subject coordinator. The standard penalty will be 10% of marks awarded to that assessment per day late with no assessment to be accepted seven days after the due date. Where a student is granted an extension, the penalty of 10% per day late starts from the new due date.

Policy on plagiarism

University’s Academic Integrity Policy defines plagiarism as the act of misrepresenting as one’s own original work: another’s ideas, interpretations, words, or creative works; and/or one’s own previous ideas, interpretations, words, or creative work without acknowledging that it was used previously (i.e., self-plagiarism). The University considers the act of plagiarising to be a breach of the Student Conduct Code and, therefore, subject to the Discipline Regulations which provide for a range of penalties including the reduction of marks or grades, fines and suspension from the University.

Bond University utilises Originality Reporting software to inform academic integrity.

Feedback on assessment

Feedback on assessment will be provided to students within two weeks of the assessment submission due date, as per the Assessment Policy.

Disability support

If you have a disability, illness, injury or health condition that impacts your capacity to complete studies, exams or assessment tasks, it is important you let us know your special requirements, early in the semester. Students will need to make an application for support and submit it with recent, comprehensive documentation at an appointment with a Disability Officer. Students with a disability are encouraged to contact the Disability Office at the earliest possible time, to meet staff and learn about the services available to meet your specific needs. Please note that late notification or failure to disclose your disability can be to your disadvantage as the University cannot guarantee support under such circumstances.

Additional subject information

In order to achieve a passing grade, students are required to achieve a satisfactory level of performance in each piece of assessment. Attendance is necessary to enable participation in exercises and boardroom case studies. In order to qualify for a deferred exam, you must have an approved application AND you must have attended at least 75% of all classes.

Subject curriculum

Chapter 3 and the CFA Institute Ethics and Standards of Practice

Chapter 22 (Chapter 7 & 8 revision only)

Chapter 19

2, 3, 4.

Chapter 12 & 18

Chapters 15, 16

Chapter 17

Approved on: Nov 14, 2017. Edition: 3.2