Information on this page, including unit offerings, is from the 2020 academic year.
Introduction to Finance (BUS140)
|Availability||MURDOCH: S1-internal, S1-external, S2-internal, S2-external|
|Teaching Timetables||Murdoch S1
|Description||Students will develop quantitative analytical skills to facilitate personal and corporate financial decisions..
Through the development of techniques used to inform such decisions through a valuation process which
considers the respective security's cash flows, time value of money and the associated risk. Students are
introduced to techniques used to collect, calculate, and interpret information used as the basis for pricing
mortgage loans and quantifying and selecting investment alternatives.
|Unit Learning Outcomes||On successful completion of the unit students will be able to:
ULO1: Discuss trends in the financial and economic environment that affect business and financial success
and enhance the need for numeracy, financial literacy and planning.
ULO2: Explain and apply financial mathematic techniques to solve real world financial problems that effect
individuals and businesses.
ULO3: Use technology to summarise, display and interpret data in a business context, and use this data to
communicate financial information.
ULO4: Explain the ethical implications of information asymmetry in relation to financial structure, credit
markets, and venture capital firms.
|Timetabled Learning Activities||2 hour workshop per teaching week
Optional: Weekly 2 hour drop in help clinic
|Unit Learning Experiences||The learning and teaching approach informing the assessment and activity selection and design in this unit
are student-centred, constructivist, and outcome-based (SOLO), featuring predominantly active learning
strategies with tasks that are open-ended, authentic, and scaffolded.
The unit uses blended learning which combines learning online with interactive workshops. Using this
combination of online and face-to-face learning provides flexibility for all students to learn anytime (24/7),
anywhere (with an Internet connection) at a pace that suits their learning style. In this unit students explore
concepts online prior to workshops, through videos, audio, websites, simulations, readings, quizzes, blogs
and online discussions. Workshops (online or face-to-face) are interactive and use active learning such as;
guided instruction (e.g. small group and whole class discussion), role plays, simulations, case studies,
scenario-based tasks, problem-based tasks, project-based tasks, presentations and enquiry-based tasks
|Other Learning Experiences||Nil|
|Assessment||Assessment in this unit is authentic, real-world and relevant; assessments are constructive, sequential and
inter-linked; requiring students to use and engage with progressively higher-order cognitive (skill-based)
processes; assessments are aligned with the desired learning outcomes; and, provide challenge, interest and
motivation to learn.
Assessment comprises four assessments:
1A. Engagement: Internal - Weekly problems and workshop participation 15% OR
1B. Engagement: External - Problem worksheets 15%
2. Mid-Semester test 20%
3. Data analysis and interpretation 25%
4. Examination 40%
|Exclusions||Students who have successfully completed BUS130 Foundational Mathematics for Business or BUS140 Principles of Finance and Banking may not enrol in this unit for credit|
|Appears in these Courses/Majors:
see individual structures for context
|Appears in these Minors||Banking
|Internet Access Requirements||Murdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.|