FINC201-26S1 (C) Semester One 2026

Business Finance

15 points

Details:
Start Date: Monday, 16 February 2026
End Date: Sunday, 21 June 2026
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 1 March 2026
  • Without academic penalty (including no fee refund): Sunday, 10 May 2026

Description

The core principles of the financial management of business firms.

This course will help you acquire the fundamental tools used in financial analysis and apply them to business decisions. It will introduce you to finance as a discipline that bridges accounting and economics. It will help you learn to view business decisions from a finance perspective. The topics covered include time value of money, financial statement analysis, financial planning, working capital management, stock and bond valuation, capital asset investment decision methods, risk and return, portfolio theory, cost of capital, capital structure and dividend policy.

Learning Outcomes

At the end of the course, you should be able to:
1. Explain the concept of the time value of money and apply time value of money principles in the
valuation of financial securities.
2. Understand capital budgeting issues, including the application of various project evaluation
techniques.
3. Understand risk and accurately estimate the weighted average cost of capital.
4. Explain issues related to capital structure and payout policies.

Prerequisites

(1) ACCT102; and (2) STAT101; and (3) a further 30 points RP: Students without a mathematics background equivalent to NCEA Level 2 should pass MATH101 before enrolling in this course.

Restrictions

FINC202, AFIS204

Equivalent Courses

AFIS204

Recommended Preparation

Students without a mathematics background equivalent to NCEA Level 2 should pass MATH101 before enrolling in this course.

Timetable 2026

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Wednesday 08:00 - 09:00 E8 Lecture Theatre
16 Feb - 29 Mar
20 Apr - 31 May
Lecture B
Activity Day Time Location Weeks
01 Wednesday 13:00 - 14:00 E8 Lecture Theatre
16 Feb - 29 Mar
20 Apr - 31 May
Lecture C
Activity Day Time Location Weeks
01 Friday 13:00 - 14:00 C3 Lecture Theatre
16 Feb - 29 Mar
20 Apr - 31 May
Tutorial A
Activity Day Time Location Weeks
01 Wednesday 11:00 - 12:00 Beatrice Tinsley 112
23 Feb - 29 Mar
20 Apr - 31 May
02 Monday 11:00 - 12:00 Rehua 101 Lectorial
23 Feb - 29 Mar
20 Apr - 31 May
03 Monday 10:00 - 11:00 Jack Erskine 445
23 Feb - 29 Mar
20 Apr - 31 May
04 Monday 09:00 - 10:00 Jack Erskine 121
23 Feb - 29 Mar
20 Apr - 31 May
05 Tuesday 11:00 - 12:00 Jack Erskine 340
23 Feb - 29 Mar
20 Apr - 31 May
06 Thursday 17:00 - 18:00 Jack Erskine 446
23 Feb - 29 Mar
20 Apr - 31 May
07 Monday 13:00 - 14:00 Jack Erskine 445
23 Feb - 29 Mar
20 Apr - 31 May

Examinations, Quizzes and Formal Tests

Test A
Activity Day Time Location Weeks
01 Thursday 19:00 - 21:00 C3 Lecture Theatre
20 Apr - 26 Apr
02 Thursday 19:00 - 21:00 A5 Lecture Theatre
20 Apr - 26 Apr
03 Thursday 19:00 - 21:00 Meremere 108 Lecture Theatre
20 Apr - 26 Apr

Course Coordinator

Gilbert Nartea

Assessment

Assessment Due Date Percentage  Description
Final Exam 55% Primarily problems, some short paragraphs.
Quizzes 10% 10 online multi-choice (LEARN) quizzes
Term test 35% primarily problems, some short paragraphs.


To pass this course you must not only achieve a final grade of 50% or higher, but also achieve a mark of at least 45% on the final examination.

This means you could earn 50% overall and still fail the course if you do not achieve at least 45% on the final exam.

Additionally, if your final exam mark falls between 45% and 50%, you will receive an "R" grade. While this will grant you 15 points of credit toward your degree, it will not qualify you to progress to 300-level Finance courses or meet NZICA requirements.


Guidelines for the Use of AI in Coursework

The use of AI may or may not be permitted in courses. Within a course, permission may vary by assignment. It is the responsibility of the student to inform themselves about assessment conditions and submit work that is their own and that properly acknowledges the work of other people and tools, including generative artificial intelligence tools.

It is important to familiarise yourself with the UC Misconduct Procedure Guide for Students. Examples of academic misconduct include, but are not limited to:
Where a student uses a generative artificial intelligence (AI) tool for an assessment in a manner that is not expressly permitted or fails to acknowledge the use of a generative AI tool as instructed.

Assessment in Te Reo Māori

In recognising that Te Reo Māori is an official language of New Zealand, the University provides for students who may wish to use Te Reo Māori in their assessment. If you intend to submit your work in Te Reo Māori you are required to do the following:

Read the Assessment in Te Reo Māori Policy and ensure that you meet the conditions set out in the policy. This includes, but is not limited to, informing the Course Coordinator 1) no later than 10 working days after the commencement of the course that you wish to use Te Reo Māori and 2) at least 15 working days before each assessment due date that you wish to use Te Reo Māori.

Textbooks / Resources

The recommended course textbook is: Brealey, Richard A., Myers, Stewart C., Marcus, Alan J; Fundamentals of corporate finance; 11th ed.; McGraw Hill.
https://www.mheducation.com/highered/product/Fundamentals-of-Corporate-Finance-Brealey.html


Calculators

It is recommended that you have a calculator that does financial functions.  If you have any intention of studying finance, a financial calculator would be a worthwhile investment.  The recommended calculators are: (1) Texas Instruments, BAII- PLUS. It is available from www.fishpond.co.nz  (2) Hewlett Packard HP10-bII. These are sometimes available on TradeMe and at UC bookshop.
If you do not own or do not wish to purchase a financial calculator, a scientific calculator is sufficient, although a financial calculator will save you time.
You must get your calculator(s) approved (a ‘UC approved’ sticker will be attached to the calculator) for use in Commerce tests and examinations.

For examinations which require a "UC Stickered" Calculator: checks take place from the Information Desk (Te Pātaka, Puaka - James Hight, Level 2) on a drop-in basis Monday to Friday, between the hours of 8.30am and 4.30pm Monday to Friday.

Notes

This course will use Microsoft PowerPoint in lectures.  You will need to be familiar with material other than the PowerPoint presentations such as the textbook, tutorial material, and other supplementary material.

Indicative Fees

Domestic fee $1,003.00

International fee $4,538.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Economics and Finance .

All FINC201 Occurrences