Introduction to Finance Principles

Qualification: Undergraduate unit
Study mode: Online
Payment options: HECS-HELP may be available
FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: Curtin University
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

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About this unit

Give your career a competitive edge with this online Introduction to Finance Principles unit from Open Universities Australia and Curtin University.

Designed for those with no background in accounting or finance, this unit is the ideal way to gain a broad introduction to the various areas of finance – knowledge and skills that will benefit those working in fields such as business, management and law.

The unit introduces students to the main objective and core functions of financial management and covers a variety of topics such as debt and equity, financial maths, capital markets in investment criteria.

Students will also learn how to analyse financial statements, assess risk and return potential with investments, and evaluate methods for cash flow determination and accounts receivable.

Eligibility

Anyone can apply, however you will be expected to possess some mathematics skills including an understanding of quantitative techniques and/or algebra.

Areas of study

In this finance unit, the topics you will study include:

  • The role of financial management
  • Interest rates
  • Financial statement analysis
  • Financial mathematics
  • Return and risk
  • Investment criteria
  • Cost of capital
  • Capital structure

Course pathways

This unit is a core requirement in the following courses:

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.

Get more information

Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

How will this unit advance my career?

A sound understanding of finance is a great skillset to have in any professional’s toolkit, but is particularly beneficial if you work in business or management.

By studying this unit, you’ll walk away with a deeper appreciation of finance, and the ability to apply this understanding to your everyday work. The unit will teach you to:

  • Understand how financial markets operate and identify what the various sources of finance are for public companies
  • Correctly analyse and interpret financial statements
  • Employ simple share valuation models to evaluate the performance of public companies
  • Use elementary models and financial principles to understand how financial managers arrive at major decisions
  • Accurately use financial mathematics to solve a variety of financial problems encountered in corporate and personal contexts

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Introduction to Finance Principles from Curtin University.
  • 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 is 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.

Financial assistance

If you are an Australian citizen you may be eligible to receive HECS-HELP or FEE-HELP for this unit, 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).

Find out more about government study loans here.
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.

OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

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Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

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