FINM1415: Introduction to Finance – University of Queensland – Bachelor Finance

FINM1415: Introduction to Finance – University of Queensland – Bachelor Finance

FINM1415 requires you to use a number of different mathematical knowledge areas. These areas would have been covered in high school during years 10–12, and include algebra, summation notation, logarithms, and the statistical concepts of mean, standard deviation/variance and expected value.

Introduction to Finance provides an introduction to financial decision-making that contributes to the value of the firm. This course covers a number of important concepts and provides an introduction to such topics as financial mathematics, debt and equity valuation, project evaluation with emphasis on the discounted cash flow techniques of net present value (NPV) and internal rate of return (IRR), the weighted-average cost of capital (WACC), risk, diversification and the capital asset pricing model (CAPM).

This course provides the necessary groundwork for the other finance courses offered by UQ Business School. Students should note well that theory and practical work cannot be separated. Students must understand the basics of each topic’s theory in order to tackle practical problems. The course is progressive. For example, the introductory topic on the time value of money forms the necessary basis for stock and bond valuation models. Thus, the key to succeed in this course is to study consistently. This is the only formula to successfully complete Finance.