Finance (2018)

Finance is concerned with investment, decision-making where time and risk are key parameters, and financial markets. Papers are available within the following streams; corporate finance, financial markets and investments.

The value of skills in financial analysis is recognised in a number of special purpose interdisciplinary specialisations.

Finance is available as a first major for the Bachelor of Business Analysis and the Bachelor of Management Studies with Honours. Finance may also be included as a second major or as a minor in other undergraduate degrees, subject to the approval of the Faculty in which the student is enrolled.

To complete Finance as a single major for the BBA, students must gain 135 points from papers listed for Accounting, including 105 points above 100 level, and 60 points above 200 level. Students must complete FINAN101, MATHS166, FINAN201, FINAN200, FINAN202, FINAN302, FINAN305, and 45 points from FINAN203 or FINAN306, FINAN204 or FINAN301, FINAN303, and FINAN304.

To complete Finance as part of a double major for the BBA or other undergraduate degree, students must gain 120 points from papers listed for Finance, including 90 points above 100 level, and 45 points above 200 level. Students must complete FINAN101, MATHS166, FINAN201, FINAN200, FINAN202, FINAN302, FINAN305, and 30 points from FINAN203 or FINAN306, FINAN204 or FINAN301, FINAN303, and FINAN304.

To complete Finance as a single major for the BMS(Hons) students must gain 135 points from papers listed for Finance, including 105 points above 100 level, and 60 points above 200 level. Students must complete FINAN101, one paper from List A or List B if List A papers have already been included as part of the programme, FINAN201, FINAN200, FINAN202, FINAN302, FINAN305, and 45 points from FINAN203 or FINAN306, FINAN204 or FINAN301, FINAN303, and FINAN304. Students will also need to take at least 60 points in the subject of Finance at 500 level.

To complete Finance as part of a double major for the BMS(Hons), students must gain 120 points from papers listed for Finance, including 90 points above 100 level, and 45 points above 200 level. Students must complete FINAN101, one paper from List A or List B if List A papers have already been included as part of the programme, FINAN201, FINAN200, FINAN202, FINAN302, FINAN305, and 30 points from FINAN203 or FINAN306, FINAN204 or FINAN301, FINAN303, and FINAN304. Students will also need to take at least 60 points in the subject of their first major at 500 level.

To complete a minor in Finance students must complete 60 points including at least 30 points above 100 level from the papers listed for the Finance major, including FINAN101 Introduction to Finance or one paper from List C if FINAN101 has already been included as part of the major or degree specific choices.

Note: Students who commenced a major in Finance in 2016 or prior and are undertaking their third year in 2018 will do so using existing 20 point papers. Students are encouraged to contact the Waikato Management School for programme advice.


On this page

  • 100 level

    Code Paper Title Occurrence / Location
    FINAN101Introduction to Finance18A (Hamilton) & 18B (Hamilton)
    This paper introduces the three core areas of finance -- financial management, investments, and capital markets and institutions. The paper also examines applications of corporate finance concepts to personal finance.
    MATHS166Management Mathematics18A (Hamilton), 18A (Tauranga), 18B (Hamilton) & 18B (Tauranga)
    An introduction to algebra and calculus for students in Management or Social Sciences. Students who meet the prerequisites of MATH101 and/or MATH102 may wish to take these paper(s) instead.
  • 200 level

    Code Paper Title Occurrence / Location
    FINA201Finance18A (Hamilton) & 18B (Hamilton)
    This paper introduces the basics of finance, developing an understanding of financial markets and their usefulness in the business environment, developing skills in financial analysis including investment decision making, and introducing concepts of financial risk.
    FINAN200Financial Management 118A (Hamilton), 18A (Tauranga), 18T (Hamilton) & 18T (Tauranga)
    This paper deals with the principles and practice of financial management. It examines corporate capital budgeting, capital structure theory, dividend policy and net working capital management.
    FINAN202Investments 118B (Hamilton), 18B (Tauranga), 18S (Hamilton) & 18S (Tauranga)
    This paper deals with the principles and practice of investment analysis. Building upon the concepts of risk-return trade-offs and the efficient market hypothesis, the paper examines: modern portfolio theory and asset pricing models.
    FINAN203Capital Markets and Financial Institutions18A (Hamilton) & 18A (Tauranga)
    This paper provides students with an introduction to Australasian financial markets and an evaluation of the institutions, instruments and participants involved in the industry.
    FINAN204Entrepreneurial Finance18B (Hamilton) & 18B (Tauranga)
    This paper investigates the key issues relating to small business finance, especially in New Zealand. Empirical evidence, theoretical models and government policy are considered.
  • 300 level

    Code Paper Title Occurrence / Location
    ECON304Econometrics18A (Hamilton)
    Linear regression and binary response analysis of economic and financial data with an emphasis on interpretation, computer applications, and forecasting.
    FINA301Behavioural FinanceThis paper will not be taught in 2018.
    This paper will not be taught in 2018.
    FINA305Business Analysis and Valuation18S (Online)
    This paper provides a comprehensive treatment of business analysis and valuation, developing a quantitative approach to the analysis of financial information. The aim is to integrate commercial understanding, financial information and capital market theory to investigate the monetary value of businesses.
    FINA306Personal Wealth Management18B (Hamilton), 18B (Tauranga), 18XB (Hamilton) & 18XB (Tauranga)
    This paper focuses on the nature, usage and regulations on the advice of various financial products and legal instruments for developing personal wealth management plan. Participants gain an appreciation of personal goals and how wealth creation and risk management assist in attaining these. Prior knowledge of securities and bond v...
    FINA311Corporate Finance18A (Hamilton) & 18A (Tauranga)
    This paper covers the principles of corporate finance. The material builds upon fundamental present value concepts to examine corporate capital budgeting, capital structure, dividend policy and cash and liquidity management.
    FINA312Portfolios and Markets18A (Hamilton) & 18A (Tauranga)
    This paper provides an introduction to portfolio construction, management, and protection. Based on the concept of risk-return trade-off, this paper discusses the techniques and implications of efficient portfolio diversification and the allocation of assets among different securities.
    FINA313Capital Markets18B (Hamilton) & 18B (Tauranga)
    This paper introduces students to the principal capital markets in Australasia, their associated institutions, markets, regulators and their financial functions.
    FINA399Applied Project in Finance18H (Hamilton)
    An applied research project investigating a finance related issue in an organisational context.
  • 400 level

    Code Paper Title Occurrence / Location
    ECON404Econometrics18A (Hamilton)
    Further application of estimation methods commonly used in quantitative economics with an emphasis on interpretation.
    FINA401Ethics in FinanceThis paper will not be taught in 2018.
    This paper will not be taught in 2018.
    FINA403Entrepreneurial Finance18T (Online)
    This paper focuses on the role of smaller businesses in the economy, the financial management of these enterprises and government policy relating to the SME (small-medium enterprise) sector. Various models of businesses, theories, knowledge, and financial tools needed to start an entrepreneurial venture are explored.
    FINA405Business Analysis and Asset ValuationThis paper will not be taught in 2018.
    This paper will not be taught in 2018.
    FINA412Derivative Securities18B (Hamilton) & 18B (Tauranga)
    This paper lays the foundation for understanding risk management through the pricing and trading of futures and options contracts. The key concepts: hedging, no-arbitrage argument, and risk-neutral valuation will be explained and illustrated in the futures and option pricing models.
    FINA413Financial Markets and Institutions18B (Hamilton) & 18B (Tauranga)
    This paper introduces students to the principal capital markets in Australasia, their associated institutions, markets, regulators and their financial functions.
    FINA415Computer Modelling in Finance18A (Hamilton) & 18B (Hamilton)
    The objective of this paper is to equip students with financial modelling skills using a computer spreadsheet. Generic skills such as performing sensitivity analyses, running simulations and solving optimisation problems in finance are included.
    FINA417Multinational Financial Management18A (Hamilton) & 18A (Tauranga)
    This paper deals with finance subject matters faced by multinational corporations. The course examines exchange rate determination, currency exposure management, international investments and international capital budgeting.
    FINA495Industry Experience 418C (Online)
    A period of four to thirteen weeks internship is spent in a host organisation with relevance to the student's major, located in New Zealand or overseas. Students find their own host organisation, which is then approved by the departmental co-ordinator. In addition to the time spent in the host organisation, Weekly small group elect...
    FINA499Report of an Investigation18G (Hamilton)
    Directed investigation of an approved topic, available only to students enrolled in the BMS degree.
  • Prescriptions for the GradCert(Fin) and GradDip(Fin)

    A Graduate Certificate and Graduate Diploma are available to graduates who have not included Finance at an advanced level in their first degree. The requirements for the Graduate Certificate and Graduate Diploma are prescribed in the Waikato Management School Student Handbook.

  • Prescriptions for the BMS(Hons), BBA(Hons)(Fin), PGCert(Fin), PGDip(Fin) and MMS

    Finance may be taken as a major for the BMS(Hons) and as a subject for the BBA(Hons)(Fin) and MMS. A Postgraduate Certificate and a Postgraduate Diploma in Finance are also available. In addition, Applied Economics and Finance may be taken as a subject for the MMS. The requirements for the major and subject are prescribed in the Waikato Management School Student Handbook.

    Students enrolling in 500 level Finance papers should normally have a minimum of a B average in undergraduate Finance papers, with no less than that in 300 and 400 level Finance papers. All students should discuss their programme with the Management Student Centre before enrolling.

    Code Paper Title Occurrence / Location
    ECON501Macroeconomic Analysis18B (Hamilton)
    This paper covers selected aspects of macroeconomic theory, policy and evidence. Most of the topics are centred directly or indirectly on a stylised production function. They include economic growth, business cycles, employment, inflation, price-setting behaviour, macroeconomic policy and the development of macroeconomic analysis.
    ECON506Economics for Business18T (Hamilton)
    An advanced analysis of the economics of business from production through processing to markets and the consumer.
    ECON507Quantitative Skills for Finance and Economics18B (Hamilton) & 18T (Hamilton)
    This paper provides students with a thorough grounding in the applied quantitative techniques required for professional practice in business, finance and economics. The main emphasis is on recognising which techniques are appropriate for particular types of problems, using the techniques and interpreting the results.
    ECON519Microeconomic Analysis - MethodsThis paper will not be taught in 2018.
    This paper will not be taught in 2018.
    ECON520Microeconomic Analysis - Theory18B (Hamilton)
    This paper focuses on the application of microeconomic analysis. It includes consumer theory, risk and information economics, the economics of production and costs, the theory of the firm and of markets, and general equilibrium theory.
    ECON524Topics in Economic Policy Analysis18A (Hamilton)
    This paper focuses on selected topics in the economics of policy analysis.
    ECON528Econometric Topics: Macroeconomics and Finance18A (Hamilton)
    This paper provides students with theoretical and practical skills in econometrics that should enable them to carry out a wide range of applied analyses involving macroeconomics and finance. The prime focus of this paper is on the application of time-series econometrics. The topics covered include econometric estimation and testing...
    ECON529Microeconometrics18T (Block)
    The purpose of this paper is to provide students with skills in microeconometrics that should enable them to carry out a wide range of empirical analyses using either cross-sectional or panel data on individuals, households or firms. Topics covered include: Maximum Likelihood Estimation: Instrumental Variables and Generalised Metho...
    ECON532International Finance and Open Economy Macroeconomics18B (Hamilton)
    This paper provides a systematic analysis of financial relationships among nations and related policy issues. Topics to be discussed include the foreign exchange market, exchange rate determination, the balance of payments, the international monetary system and adjustment and policy co-ordination.
    ECON533Topics in Trade and Development18B (Hamilton)
    This paper focuses on selected topics in trade and development. These will include aspects of trade policy and evidence in the world economy and current issues in development microeconomics.
    ECON543Applied Econometrics18A (Hamilton)
    A postgraduate paper in econometrics for students who have not included an advanced paper in econometrics in their undergraduate degree.
    FINA501Computer Modelling for Financial Analysis18A (Hamilton)
    The objective of this paper is to equip students with financial modelling skills using a computer spreadsheet. Generic skills such as performing sensitivity analyses, running simulations and solving optimisation problems in finance are included.
    FINA502Derivative Securities One18B (Hamilton)
    This paper lays the foundation for understanding risk management through the pricing and trading of futures and options contracts. The key concepts: hedging, no-arbitrage argument, and risk-neutral valuation will be explained and illustrated in the futures and option pricing models.
    FINA503Issues in Corporate Finance18B (Hamilton)
    This paper lays the foundation for understanding the ethical and professional aspects of being a finance professional and discusses contemporary topics in this framework. Topics covered include the cost of capital, determinants of the optimal capital structure, dividend policy, leasing, agency theory and its applications, initial p...
    FINA504International Corporate Finance18A (Hamilton)
    This paper deals with finance subject matters faced by multinational corporations. The course examines exchange rate determinations, currency exposure management, international investment and international capital budgeting.
    FINA505Applied Research Project in Finance18C (Hamilton)
    This paper requires the completion of an applied research project in finance. It will draw on appropriate finance theories and concepts. It will provide an important link between the theory expounded and discussed in the other paper that are part of the Professional Finance programme and real-world finance issues in a managerial en...
    FINA506Finance TheoryThis paper will not be taught in 2018.
    This paper will not be taught in 2018.
    FINA507Corporate Governance, Mergers and Acquisitions18B (Hamilton)
    This paper analyses corporate governance theories, models and practices. It also investigates corporate restructuring strategies involving mergers and acquisitions, including stock market responses to restructuring transactions.
    FINA510Financial Theory and Corporate Policy18A (Hamilton) & 18B (Hamilton)
    This paper covers the principles of corporate finance as in FINA311; including capital budgeting, capital structure, dividend policy, cash and liquidity management and advanced theoretical components. Prior exposure to the standard financial concepts and relevant research to this area is assumed.
    FINA511Advanced Corporate Finance18A (Hamilton) & 18B (Hamilton)
    This paper deals with the current thinking and research in corporate finance. The material covers core areas such as the cost of capital, optimal capital structure, dividend policy, leasing, agency theory, IPOs, and managerial compensation.
    FINA512Investments and Portfolios18A (Hamilton)
    This paper provides a more advanced treatment on portfolio analysis, capital market models, efficient market hypothesis, bond portfolios, and evaluation of portfolio performance. Students are required to complete an empirical study on investments of publishable quality using real world data.
    FINA513Advanced Behavioural FinanceThis paper will not be taught in 2018.
    This paper will not be taught in 2018.
    FINA515Advanced Financial Modelling18T (Hamilton)
    This paper analyses finance issues using advanced financial modelling within an Excel/VBA framework. Finance databases provide input data and econometric packages provide analytic inputs for models developed.
    FINA516Advanced Financial Modelling 118T (Hamilton)
    This paper prepares student to analyse finance issues using advanced financial modelling within Excel, STATA and VBA frameworks. The paper will also introduce students to the use of financial databases.
    FINA517Investments, Portfolios and Financial Markets18A (Hamilton) & 18S (Hamilton)
    This paper covers various aspects of investments and efficient portfolios. Students will critically evaluate core financial models and apply the theoretical concepts to actual problems.
    FINA519Derivatives Two18T (Hamilton)
    This paper aims to enhance students' ability to understand and analyse derivatives beyond simple futures and options. Major topics include Black-Scholes model, delta-hedging, portfolio insurance, basic numerical procedures, value at risk, GARCH conditional volatility models, credit derivatives, interest rate derivatives and real op...
    FINA529Advanced Derivatives18T (Hamilton)
    This paper includes delta-hedging, basic numerical procedures, value at risk, GARCH (1,1) models, credit derivatives, interest rate derivatives, and real options. An empirical study on derivatives is required.
    FINA560Special Interest Finance: Eastern FinanceThis paper will not be taught in 2018.
    This paper will not be taught in 2018.
    FINA589Directed Study18A (Hamilton), 18B (Hamilton), 18S (Hamilton) & 18T (Online)
    Students have the opportunity to pursue a topic of their own interest under the guidance of academic staff.
    FINA590Directed Study18A (Hamilton), 18B (Hamilton), 18C (Hamilton), 18S (Hamilton) & 18Y (Hamilton)
    Students have the opportunity to pursue a topic of their own interest under the guidance of academic staff.
    FINA591Finance Dissertation18C (Hamilton)
    A report on the findings of a theoretical or empirical investigation.
    FINA592Finance Dissertation18C (Hamilton)
    A report on the findings of a theoretical or empirical investigation.
    FINA593Finance Thesis18C (Hamilton)
    An externally examined piece of written work that reports on the findings of supervised research.
    FINA594Finance Thesis18C (Hamilton)
    An externally examined piece of written work that reports on the findings of supervised research.
    FINA599Report of an Investigation18G (Hamilton)
    Directed investigation of an approved topic, available only to students enrolled in the BMS(Hons) degree.
    MNGT501Research Methods in Management Studies18A (Hamilton), 18B (Hamilton), 18B (Online) & 18T (Hamilton)
    This paper aims to introduce students to the assumptions underlying the different methodologies and methods for performing research in the social sciences.The focus is on interpretive, positivist, critical, and mixed methods. The paper attempts to give students the conceptual and methodological resources needed to think and convers...
    MNGT502Research Methods in Management Studies for Economics and Finance18A (Hamilton)
    This paper introduces students to research paradigms commonly used in research in management studies. It will develop skills in the critical evaluation of research literature, the identification of research problems, and the preparation of research proposals. Students completing the paper will develop a proposal for research in the...
  • Prescriptions for the MPhil

    The Master of Philosophy is a one year research-based degree in which students undertake a programme of approved and supervised research that leads to a thesis which critically investigates an approved topic of substance and significance, demonstrates expertise in the methods of research and scholarship, displays intellectual independence and makes a substantial original contribution to the subject area concerned, and is of publishable quality.

    Code Paper Title Occurrence / Location
    FINA800Finance MPhil Thesis18C (Hamilton)
    No description available.
  • Prescriptions for the PhD

    The Doctor of Philosophy is a three year research-based degree in which students undertake a programme of approved and supervised research that leads to a thesis which critically investigates an approved topic of substance and significance, demonstrates expertise in the methods of research and scholarship, displays intellectual independence and makes a substantial original contribution to the subject area concerned, and is of publishable quality.

    Code Paper Title Occurrence / Location
    FINA900Finance PhD Thesis18C (Hamilton)
    No description available.

2018 Catalogue of Papers information current as of : 20 November 2017 4:56pm

This page has been reformatted for printing.