UNIVERSITI TUNKU ABDUL RAHMAN (UTAR)

FACULTY OF BUSINESS AND FINANCE (FBF)

Course Plan
Part A: Course Information

Course Code & UBFF2013 / 2313 Business Finance

Course Title:
Year of Study Year One
Year Two

Credit Hour: 3

Lecturer: Siti Nur Amira bt Othman ([email protected])

Tutor:
Siti Nur Amira bt Othman ([email protected])
Puan Noor Azizah bt Shaari ([email protected])

Year and 2023 June Trimester

Trimester:
Synopsis: This course covers the fundamental of managerial finance, the importance of
working capital management, the effect of investment decisions or strategies
on performance and the risk being undertaken.
Course Learning Course Outcomes
Outcomes (CLO): Upon completion of this course, a student shall be able to:
CLO 1 Apply the concept of financial management, time value of money, risk
and return and financial statement.
CLO 2 Demonstrate the use of financial tools to perform companies'
fundamental analysis.
CLO 3 Analyze the role of financial markets, securities valuation, long-term
and short-term investment in making business management
decisions.
 References: Main Reference(s):
1. Zutter, C. J. & Smart, S.B. (2022). Principles of managerial finance
(16th ed.). Harlow, United Kingdom: Pearson.

Additional Reference(s):

2. Berk, J., DeMarzo, P., & Harford, J. (2018). Fundamentals of

corporate finance (4th ed.). Boston: Pearson.
3. Brealey, R. A., Myers, S. C., & Allen, F. (2017). Principles of
corporate finance (7th ed.). New York: McGraw-Hill/Irwin.
4. Brigham, E. F., & Houston, J. F. (2018). Fundamentals of financial
management (15th ed.). Boston: Cengage Learning.
5. Brooks, R. (2016). Financial management: Core concepts (3rd ed.).
Boston: Pearson.
6. Keown, A. J., Martin, J. H., & Petty, J. W. (2017). Foundations of
finance: The logic and practice of financial management (9th ed.).
Boston: Pearson.
7. Michael, C., Ehrhardt, M., C., & Brigham, E., F. (2017). Corporate
finance: A focused approach (6th ed.). Boston: Cengage Learning.
8. Titman, S., & Keown, A.J. (2018). Financial management: Principles
and applications (13th ed.). Boston: Pearson.

Part B: Constructive Alignment Table

No CLO Programme Domain & Delivery Assessment Methods & Mark

Learning Taxonomy Methods (e.g. Breakdown*
Outcomes Level# Lecture, Test Project Final
(PLO) (e.g. A2 / Tutorial, CLO 1 CLO2 Examination
C3 / P5) Practical, CLO3
Case Study, 25% 25% 50%
Site Visit,
Role Play,
Class
Discussion)
1 CLO1 1 C3 Lecture &
√
Tutorial
2 CLO2 2 P2 Lecture &
√
Tutorial
3 CLO3 6 C4 Lecture &
√
Tutorial
# Domain – Affective (A), Cognitive (C), Psychomotor(P); Taxonomy
Level – A (Level 1 – 5), C (Level 1 – 6), P (Level 1 – 5)
*Assessment methods and the mark breakdown must be tally with the teaching workload approved by
Senate. ONE type of Coursework assessment method can be mapped to ONLY one CLO.

Assessment Methods:

No. Method of Assessment Total

1. Continuous Assessment 50%

a) Test (25%)
b) Project (25%)
2. Final Examination 50%

GRAND TOTAL 100%

**Students are not allowed to use financial table method in this course of study and it will not be
provided in the Test and Final Examination. **

1. Continuous Assessment (50%) a)

Test - 25% (50 marks)

A test will be given to monitor students’ progress in the understanding of the lectures and tutorials.
The test is tentatively scheduled on MONDAY of WEEK 8 (07 August 2023, 6.30PM
– 8PM) covering Lecture topic 1 to Topic 5. The duration of the test is 1.5 hours, and it will be
conducted physically.

Attendance for the test is compulsory. Students who wish to apply for replacement shall put in
writing, the request together with valid documents as supporting evidence and submit the application
to the lecturer within 3 days from the date of the test for consideration.

b) Project - 25% (50 marks)

Students are advised to strictly comply with all requirements stated for the project. Students are
required to form a group of FIVE (5) members (maximum) and register their project groups and
selected companies with their respective tutor by end of Week 2. Tutor’s approval must be obtained
if there is any change in the number of students due to withdrawal from the course.

For this project, students are required to analyse a company’s financial performance, and present the
findings. Please refer to the Project Instruction file for the details.
The deadline for project submission is set at 12 p.m. on 01st August 2023 (Tuesday of WEEK
7). All groups are required to submit their project work to their respective tutors.

(Please read Late Submission Penalty Clause below).

Late Submission Penalty Clause

Deadline for submission of assessment item(s) is to be strictly adhered to. No extension of time will
be allowed except in unavoidable circumstances, e.g. medical reasons. Students who wish to apply for
extension of time for submission of assessment item(s) after the due date shall put in writing the
request together with validated documentary evidence to support the application to his/her class tutor.
The lead lecturer may consider and grant such extension of due date for the assessment item(s) based
on the tutor's recommendation.

Any assessment item required by the Coursework Assessment which is submitted after the due date,
without an approved extension, will be penalized. A penalty of 10% reduction of the maximum
mark applicable to the assessment item(s) will be levied for each day of late submission. Weekends
and Public Holidays are counted as one (1) day late.

2. Final Examination (50%)

The final examination for this course is 3 hours* and will consist of TWO sections:

Section A : 1 compulsory question

Section B : 3 questions in which students are required to answer any 2 questions.

Note: * The final examination will be conducted physically.

Total Marks: 100% which will be converted into 50%.

Students who are taking the UBFF2313 has to comply with the compulsory passing
requirement under the Programme Standards of Business Studies (2021). The compulsory passing
rate for both continuous assessment and final examination is for BBA, BMK, BBF, BRK, BRM,
BTD, BHM, BEN, BLS, and BIN students only. Please be informed that starting from May 2022
trimester onwards, all students need to score a minimum of 40% in both continuous
assessment and final examination AND obtain the overall marks of 50% and above to
pass this course. The rule also implies that students will be graded as “Fail” (F grade) if he or she
scored 39% or below in both continuous assessment or final examination regardless of the total score
obtained for the course. Remarks: The requirement of compulsory passing rate for both continuous
assessment and final examination does NOT apply to ALL other programmes (not listed above)
students. If courses with 100% continuous assessment, then 40% passing rate will only applicable to
the continuous assessment.
ACADEMIC REGULATIONS

Attendance
Attendance at all lectures and tutorials is compulsory. Students must meet a satisfactory percentage of
80% for attendance. Students must give reasons for their absence by providing the supporting
evidence(s) and apply for leave from the respective Head of Department within 3 working days. Poor
attendance without any approved leave may prompt the faculty to take disciplinary action, which may
include being barred from sitting for the final examination.

Plagiarism

Plagiarism is defined as the submission or presentation of work, in any form, which is not one's own,
without acknowledgement of the sources. If a student obtains information or ideas from an outside
source, that source must be acknowledged. Another rule to follow is that any direct quotation must be
placed in quotation marks and the source immediately cited.

Plagiarism is also defined as a copy of all or part of the work of another student(s) of a current or
previous batch of this University or another higher learning institution. The University's degree and
other academic awards are given in recognition of the candidate's personal achievement. Plagiarism is
therefore considered as an act of academic fraudulence and as an offence against University
discipline.

Intellectual Property
Copyright must be seriously protected. The University takes a strong stand against any illegal
photocopying of textbooks and any other materials by students. Students are forewarned of the
consequences and the penalty that may be meted out if they are "caught in the act".

Mode of Referencing
Students are advised to incorporate proper academic modes of reference. The normally acceptable
mode of academic referencing is the American Psychological Association (APA) system; please refer
to the attached APA referencing system document for detailed usage.

Fieldwork Clause (where applicable)

Students are reminded of the importance to consider their personal safety when conducting research in
the field. You will be exposing yourself to new situations and meeting with people who are unknown
to you. It is important that you are aware of potential dangers and take the necessary safety steps. You
have to be extra careful and cautious if you are going to interview or conduct a survey with small,
unknown organizations or individuals 'on-site'.

You should ensure you have the full details (full name, job title, organization name, address and
telephone numbers) of anyone or organization you intend to conduct the field research. You should
establish the credibility of these respondents before your groups visit them. The field research should
be made in groups not alone. Leave word with your classmates on your field visit (details of place,
contact numbers, the person you are interviewing or conducting a survey with, expected time of
return, etc). The fieldwork should be at office hours.
Part C: Lecture, Tutorial/Practical and Assessment Plan

Tutorial/ Assessments
Week Lecture Topic Practical / Specific References
Topic Tasks
Topic 1:
An Introduction to Financial
Tutorial 1
Management
1
 Goal of the firm. Short briefing Briefing on Zutter &
(19/06/2023
-  Legal forms of business. related to course Project Smart (2022)
25/06/2023)  The corporation and contents and
financial markets. Chapter 1
group project.
Financial management
axioms.

Topic 2: Understanding
Financial Statement, Taxes,
and Cash Flows
 Evaluating a firm's Tutorial 2
financial performance (Topic 1)
2  Income statement and Zutter &
Minimum 3
(26/06/2023 balance sheet Smart (2022)
questions to be
- 02/07/2023)  Using financial ratios
answered and
 Liquidity ratios, operating will be discussed Chapter 3
efficiency ratios, leverage in tutorial class.
ratios, profitability ratios,
market ratios
 DuPont Model

Topic 3: Raising Capital in

The Financial Markets Tutorial 3
 Types of securities (Topic 2)
3  Movement of savings
(3/07/2023 Zutter &
 Financial market Minimum 3 Smart (2022)
- 9/07/2023)
components questions to be
 Distribution methods answered and Chapter 2
 Efficient market hypothesis will be discussed
(EMH) in tutorial class

Topic 4: The Time Value of

Money
 The role of time value in Tutorial 4
finance (Topic 3)
4  Single sums Zutter &
(10/07/2023  Annuities Minimum 3 Smart (2022)
-  Mixed streams questions to be
16/07/2023)  Compounding interest answered and Chapter 5
more frequently than will be discussed
annually in tutorial class.
 Special applications of
time value
 Tutorial/ Assessments
Week Lecture Topic Practical / Specific References
Topic Tasks
Topic 5: Risk and Rates of
Return
 Interest rates and Tutorial 5
expected returns (Topic 4)
 Term structure of interest
5 Zutter &
rates Minimum 3
(17/07/2023 Smart (2022)
-  Risk and return questions to be
fundamentals discussed in
23/07/2023) Chapter 6
 Risk of a single asset tutorial class.
and 8
 Risk of a portfolio
 Risk and return: The capital
asset pricing model
 Securities market line
(SML)
Topic 6: Valuation and Tutorial 6
Characteristics of Bonds (Topic 5)
6
 Characteristics of bonds Zutter &
(24/07/2023
 Types of bonds Minimum 3 Smart (2022)
-
 Valuation fundamentals questions to be
30/07/2023)
 Bond valuation answered and Chapter 6
 Yield to maturity (YTM) will be discussed
in tutorial class
Topic 7: Stock Valuation Tutorial 7 Submission of
7  Common and preferred (Topic 6) Project
(31/07/2023 stock Zutter &
-  Preferred stock valuation Minimum 3 Smart (2022)
06/08/2023)  Common stock valuation questions to be
Chapter 7
 Decision-making and discussed in
common stock value tutorial class.
Topic 8: Capital Budgeting
Tutorial 8
Decision
(Topic 7)
Criteria/Techniques &
8 Capital Budgeting Minimum 3 Zutter &
Refinements questions to be
(07/08/2023 Smart (2022)
-  Decision-making criteria in answered and will
capital budgeting Mid-Term
13/08/2023) be discussed in Chapter 10
 Payback period Test
tutorial class.
 Net present value (NPV)
 Profitability index (PI)
Internal rate of return (IRR)
Topic 9: Capital Budgeting
Cash Flows
Tutorial 9
 Evaluate cash flows
(Topic 8)
9  Finding the initial
(14/08/2023 Zutter &
investment Minimum 3
- Smart (2022)
 Finding the operating cash questions to be
20/08/2023) inflows answered and Chapter 11
 Finding the terminal cash will be discussed
flows in tutorial class
 Summarizing the relevant
cash flows
 Tutorial/ Assessments
Week Lecture Topic Practical / Specific References
Topic Tasks
 Capital rationing
 Project ranking
Topic 10: Cost of Capital Tutorial 10
 An overview of the cost of (Topic 9)
10
capital Zutter &
(21/08/2023
 Cost of debt Minimum 3 Smart (2022)
-
27/08/2023)  Cost of preferred stock questions to be
 Cost of common stock answered and Chapter 9
 The weighted average will be discussed
cost of capital in tutorial class.
Topic 11: Analysis and Tutorial 11
11 Impact of Leverage (Topic 10)
(28/08/2023  Leverage Zutter &
- Smart (2022)
 Operating leverage Minimum 3
03/09/2023)  Financial leverage questions to be
Chapter 13
 Breakeven Analysis discussed in
tutorial class.
Topic 12: Dividend Policy Tutorial 12
 Dividend fundamentals (Topic 11)
12
 The relevance of dividend Zutter &
(04/09/2023
policy Minimum 3 Smart (2022)
-
 Factors affecting dividend questions to be
10/09/2023)
policy answered and Chapter 14
 Types of dividend policies will be discussed
 Other forms of dividends in tutorial class
Topic 13: Working Capital Tutorial 13
Management (Topic 12)
13
 Net working capital Zutter &
(11/09/2023
fundamentals Minimum 3 Smart (2022)
-
 Cash management questions to be
17/09/2023)
 Accounts receivable answered and will Chapter 15
management be discussed
 Inventory management in tutorial class
Topic 14: Revision Tutorial 14
 Revision (Topic 13)
14
(18/09/2023
- Minimum 3
Nil
questions to be
24/09/2023)
answered and
will be discussed
in tutorial class
(Please ensure your course teaching plan covers all the topics as per syllabus

Note: The information provided in this course plan is subject to change. Students will be notified in
advance of any changes