In this Business Finance unit, offered by the University of South Australia through Open Universities Australia, you will become familiar with the procedures and practices associated with investment and financial decision within a business.
You will learn how to undertake investment and financial analysis within the current economic conditions. You will learn about the role of finance within business, with a focus on mathematics, cash flow, the value of time, different markets and sources of finance and other appropriate factors.
You will also learn about the structure of capital, the different types of time frames of funding, equity models, debt and dividend valuation and other skills necessary for a career in business finance.
Applicants must meet the criteria to be eligible to enter this program: You cannot enrol in this unit if you have successfully completed the following unit because they are considered academically equivalent:
Finance and Investment
You must have successfully completed the following units before starting this unit:
Accounting for Business
And one of the following two units:
Foundations of Statistics
Areas of study
In this Business Finance unit, the topics you will study include:
The role of financial management and the tax environment
The time value of money – interest rate principles, multiple cash flows and valuation principles
Risk and rates of return
Valuation of bonds and shares
Capital budgeting – concepts and methods
Capital budgeting – cash flow identification and project ranking conflicts
Risk in capital budgeting
Cost of capital
This unit is a core requirement in the following course/s:
Bachelor of Accounting, University of South Australia
Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.
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When you have finished studying this online unit you will be able to explain models of debt and equity and their limits. You will also know about different ways of evaluating investment choices, and be able to explain the reason for using different forms of funds and the implication that this spending will have on a business. Finally, you will be able to evaluate the different conflicting needs of investment, such as profit retention and investment returns.
How else will I benefit from this unit?
Upon successful completion of this unit you will receive credit for competencies in Business Finance from University of South Australia.
Studying online means you can study where you want, at your own pace.
Gain industry-relevant skills and transferrable knowledge.
Government financial support through FEE-HELP or HECS-HELP may be available.
Studying single units allows you the flexibility to work towards a qualification at your own pace.
Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA’s full degree programs.
Get more information
Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
If you are an Australian citizen, you may be eligible to receive a government HECS-HELP or FEE-HELP loan, meaning you can defer payment of your fees.
Get more information
Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
You may be eligible to receive HECS-HELP or FEE-HELP for this course!
This course can be paid for through the HECS-HELP or FEE-HELP government loan schemes. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.
Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).
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