Business Finance

[rocket]

Hi Guys!

Just wondering about the difficulty of business finance? Il'd be taking it as a breadth as I'm a science student concurrently with eng maths, eng mechanics, imaging the environment?

Would this workload be too hard?

Thanks!

[sluu001]

Youll do fine; the maths will be ridiculously easy for a maths/eng kid. You get a formula sheet and all you do is plug numbers in.

The tricky part with bus fi is making sure you learn all the theory. The examiners like to pick on obscure things to standardise the gradkng distribution.

[FunkyAfrican]

Youll do fine; the maths will be ridiculously easy for a maths/eng kid. You get a formula sheet and all you do is plug numbers in.

The tricky part with bus fi is making sure you learn all the theory. The examiners like to pick on obscure things to standardise the gradkng distribution.

I plan to take this during second year and was wondering if taking Finance 1 first year would be beneficial?

[appianway]

Out of curiosity, what does the Melbourne course cover? I'm doing a finance class this semester so I'm curious to see the overlap and anything I'm missing.

[jtvg]

I plan to take this during second year and was wondering if taking Finance 1 first year would be beneficial?

I think it's a prerequisite. However, if you've done a quantitative subject (Calc 1/2) and IFA1, you can skip Finance 1. Finance 1 is ok if you have little Finance background. It introduces you to different financial markets, instruments, and institutions.

[sluu001]

Out of curiosity, what does the Melbourne course cover? I'm doing a finance class this semester so I'm curious to see the overlap and anything I'm missing.

Just basic Compound Interest Calculations, Bond Returns, Annuities, Simple Share Price Returns, Basic CAPM (where the beta is given to you, and analogue log formulas (ie. statistical projections) are only introduced and there is no expectation on calculation), Very basic intro to derivative instruments (i.e. Interest Swaps). Might've missed something, but they're the more important topics.

[play]

Question: The prerequisites for this subject are either Finance 1 or one accounting subject and one quantitative subject. Is it better to have done Finance 1 before doing Business Finance or would you be okay without it?

[sluu001]

Should be fine without having to do finance one. There really isnt much assumed knowledge with bus. fi.

[jtvg]

If you can skip Finance 1, it's ok. I skipped Finance 1 myself but I found Bus Fi quite fine!