School of Accounting, Economics and Finance

FIN222: Corporate Finance

Subject Outline

Subject Information

Session 1, 2019
Offshore Campus (INTI International College Subang)

Lecture Information:
Wednesdays 10am-12pm

Pre-requisites: (ACCY102 or ACCY112 and ECON111) or (FIN111 and ACCY112 or ACCY102) or

(ACCY112 and ECON102)
Co-requisites: Nil
Restrictions: None
Contact Hours: 3 hours lecture and 1 hour tutorial
Online Subject Material: http://www.uow.edu.au/student/index.html

Teaching Staff
Teaching Role Lecturer and Tutor
Name Dr Nathrah Yacob
Telephone 603 5623 3106
Email Nathrah.yacobmohdy@newinti.edu.my
Room UOW office
Consultation Times Monday & Tuesday 9am-11am

FIN222 Subject Outline Session 1, 2019 Page 1 of 13

Teaching Role Tutor
Name Ms. Koh Bee Bee (tutor)
Telephone 603 5623 3103
Email beebee.koh@newinti.edu.my
Room UOW office
Consultation Times To be informed by the tutor

Email Etiquette: Consultation with your subject coordinator and/or teachers via email
Your teachers receive many emails each day. In order to enable them to respond to your emails appropriately and
in a timely fashion, students are asked to observe basic requirements of professional communication:

Consider what the communication is about

 Is your question addressed elsewhere (e.g. in this subject outline or, where applicable, on the subject's
eLearning site)?
 Is it something that is better discussed in person or by telephone? This may be the case if your query
requires a lengthy response or a dialogue in order to address. If so, see consultation times above and/or
schedule an appointment.
 Are you addressing your request to the most appropriate person?

Specific email title/ header to enable easy identification of subject related/ student emails

 Identify the subject code of the subject you are enquiring about (as your teacher may be involved in more
than one subject) in the email header. Add a brief, specific header after the subject code where appropriate

Professional courtesy

 Address your teacher appropriately by name (and formal title if you do not yet know them).
 Use full words (avoid 'text-speak' abbreviations), correct grammar and correct spelling.
 Be respectful and courteous.
 Academics will normally respond within 1-2 business days. If the matter is urgent, you may wish to
telephone the teaching staff whose contact details are given in this subject outline or contacting the
School.
 Please ensure that you include your full name and identify your seminar or tutorial group in your email
so that your teachers know who they are communicating with and can follow-up personally where
appropriate.

A guide to eLearning 'Netiquette' is available at https://www.uow.edu.au/student/elearning/netiquette/index.html.

The basic principles of Netiquette also apply to email communication.

Copyright

Commonwealth of Australia

Copyright Regulations 1969

© 2018 University of Wollongong

The original material prepared for this guide is covered by copyright. Apart from fair dealing for the purposes of
private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by
any process without written permission.

FIN222 Subject Outline Session 1, 2019 Page 2 of 13

Section A: General Information
Learning Outcomes

Course Learning Outcomes

Course Learning Outcomes can be found in the Course Handbook

https://www.uow.edu.au/handbook/yr2016/index.html.

Student Learning Outcomes

On successful completion of this subject, students will be able to:

1. Demonstrate an understanding of how financial system works and calculate the value of different types
of cash flow streams including financial assets such as shares and bonds.
2. Demonstrate an understanding of risk, return and the Capital Asset Pricing Model and be able to quantify
risk and return and calculate the cost of equity.
3. Evaluate the value of productive assets using a range of capital budgeting techniques.
4. Calculate the cost of capital and other quantitative measures used in working capital management
decision.
5. Compute, interpret and apply diverse quantitative measures in making an optimal and socially
responsible investment decision.
6. Explain capital structure and dividend policy and their impact on the value of a company.

Subject Description

The objective of this subject is to provide an introduction to the fundamental quantitative techniques and
underlying concepts and theories in investment, financing and working capital management decisions facing
corporations. For students to successfully complete this subject, students are required to be able to compute,
interpret and apply a range of quantitative measures in order to assist in making optimal financial decisions as
well as understand the fundamental concepts and theories in finance. The main topics covered in this subject
include financial mathematics, valuation of financial and productive assets, risk and return, cost of capital,
working capital management, capital structure and dividend policy.

Readings, References and Materials

Major Text(s)

Berk, J, DeMarzo, P & Harford, J, 2015, Fundamentals of Corporate Finance with MyFinanceLab: Global
Edition, 3rd edition, Pearson, Harlow, United Kingdom

Textbook details are available online from the University Bookshop at https://unicentre.uow.edu.au/unishop/

Recommended Background and Further Reading

Brealey, RA, Myers, SC & Allen, F 2016, Principles of Corporate Finance, 12th edn, McGraw-Hill.

Parrino, R, Kidwell, D, Au Yong, HH, Morkel-Kingsbury, N, Dempsey, M & Murray, J 2014, Fundamentals of
Corporate Finance, 2nd edn, John Wiley.

Ross, SA, Trayler, R, Bird, R, Westerfield, RW & Jordan, BD 2016, Essentials of Corporate Finance, 4th edn,
McGraw-Hill.

This is not an exhaustive list of references. Students should also use the library catalogue and databases to locate
additional resources.

FIN222 Subject Outline Session 1, 2019 Page 3 of 13

Additional Materials

Spreadsheets and Calculators

All accounting and finance subjects involve problems requiring calculation. Many of these can be solved using a
scientific calculator (addition, subtraction, division, multiplication, powers, square roots, logarithms and
exponentials, statistical functions) and students should make sure they have access to such a calculator at the
beginning of each subject. Students will also find a range of statistical, scientific and financial functions in
electronic spreadsheets like Microsoft Excel, and these are useful for the preparation of submitted work where
manual calculation is not strictly required or recommended.
However, students should also consider purchasing a financial calculator. These offer nearly all of the functions
found in scientific calculators, as well as compound interest and discounting, amortization, bond yields and
investment appraisal functions (including net present value and the internal rate of return). Students will find these
are of great benefit in their studies and their future careers. If you are considering purchasing the financial
calculator, for FIN 222 course in particular, Casio FC-100V is recommended.

Be advised that any calculator used in tests and examinations must be approved by the university. See the list of
eligible models from the following link.
http://www.uow.edu.au/content/groups/public/@web/@gov/documents/doc/uow123705.pdf

Lectures, Tutorials and Attendance Requirements

Lecture Program *

Topic Topics Covered Readings

Fundamentals of Corporate
Corporate Finance and the Financial Manager Time Value of
1 Finance (3rd Ed, 2015) by Berk
Money: An Introduction
et al. Chapter 1 & 3
Time Value of Money: Valuing Cash Flow Streams Interest Chapters 4 & 5
2
Rates
3 Bond Valuation Chapter 6
4 Share Valuation Chapter 7
5 Risk and Return Chapter 11 & 12
6 Investment Decision Rules Chapter 8
Chapters 1, 3, 4, 5, 6, 7, 11 and
Mid-Session Exam
12 (Lectures 1-5)
7 Fundamentals of Capital Budgeting Chapter 9
8 Cost of Capital Chapter 13
9 Working Capital Management Chapter 19
10 Capital Structure Chapter 16
11 Payout Policy Chapter 17
Revision
Examinations
* The above times and program may be subject to change. Students will be notified of any change via SOLS.

FIN222 Subject Outline Session 1, 2019 Page 4 of 13

Tutorial Program

Topic Topics Covered Readings and Activities

All readings are from the text, Berk et al.
No tutorial
RQ: Review Questions P:Problems
Corporate Finance and the Finance Manager Time Value of Chapter 1
Money: An Introduction Problems: 4, 8, 10, 15, 18
1
Chapter 3
Problems: 18, 19, 21, 22, 25

Time Value of Money: Valuing Cash Flow Streams Interest Chapter 4

Rates Problems: 3, 10, 12, 17, 27, 32, 42
2
Chapter 5
Problems: 2, 7, 11, 15, 26, 31, 36
Bond Valuation Chapter 6
3
Problems: 2, 9, 10, 13, 16, 21, 22
Share Valuation Chapter 7
4
Problems: 5, 8, 12, 13, 14, 15, 19
Risk and Return Chapter 11
Problems: 1, 2, 3, 5, 11
5
Chapter 12
Problems: 12, 24, 26, 28, 29
Chapters 1, 3, 4, 5, 6, 7, 11 and 12
Mid-Session Exam
(Lectures 1-5)
Chapter 8
6 Investment Decision Rules
Problems: 9, 10, 11, 23, 24, 25, 30
Chapter 9
7 Fundamentals of Capital Budgeting
Problems: 1, 2, 9, 13, 16, 19, 22
Chapter 13
8 Cost of Capital
Problems: 6, 7, 8, 11, 15, 21, 22
Working Capital Management Chapter 19
9
Readings Problems: 1, 2, 3, 11, 12, 13, 15
Chapter 16
10 Capital Structure Policy
Problems: 2, 3, 5, 9, 14, 15, 21
Chapter 17
11 Payout Policy
Problems: 4, 5, 7, 9, 21, 22, 23
Examinations
*The above program may be subject to change.

Attendance Requirements

The Faculty of Business expects all students to attend lectures and tutorials as we strongly believe that students
who attend lectures and tutorials usually learn more and perform better in assignments and examinations.

Updates to Subject

The School is committed to continual improvement in teaching and learning. In assessing teaching and learning
practices in a subject, the School takes into consideration student feedback from many sources. These sources
include direct student feedback to tutors and lecturers, feedback through Student Services and Business Central,

FIN222 Subject Outline Session 1, 2019 Page 5 of 13

and responses to the Subject and Course Evaluation Surveys. These important student responses, along with
University policies and Faculty practices inform ongoing changes to subjects and courses. This information is also
used to inform systemic comprehensive reviews of subjects and courses.

While every effort is made to keep the subject database current, students may find that occasionally, the
assessment information in the subject outline differs from the information on the subject database. In such
instances, the Subject Coordinator will make appropriate announcements in the first class of the session.

Section B: Assessment
Assessment Summary

Assessment Item Form of Assessment %

Assessment 1 Tutorial/Online tasks 10%
Assessment 2 In session tests 20%
Assessment 3 Authentic tasks 20%
Assessment 4 Final exam 50%
TOTAL MARKS 100%

Past exam papers may be available for student review, subject to release by the library
(https://www.library.uow.edu.au/resourcesbytopic/UOW026643.html). Solutions and marking guides are not
included. The structure and/or content of the papers may change from session to session.

Assessment 1: Tutorial/Online tasks - Assessment 1

Marking Criteria Tutorial marks will be given based on weekly online homework submission.
FIN222 students are required to complete online tutorial questions each week
using MyFinLab and Moodle.

Instructions on how to use MyFinLab will be given in class and on Moodle.

Students failing to meet the above criteria will receive a zero mark for
homework preparation for that particular week.
Length N/A
Weighting 10%
Assessment Due Every Sunday 11:59pm
Type of Collaboration Individual assessment
Style and format The Sunday before the corresponding tutorial at 11.59pm
Assessment submission Online on Myfinlab
Assessment return Feedbacks will be given immediately once submission is done
Detailed information Grades will be provided through SOLS

Assessment 2: In session tests - Assessment 2

Marking Criteria Marks awarded for the most correct response to multiple choice questions.
Length 100 minutes
Weighting 20%
Assessment Due To be confirmed
Type of Collaboration Individual assessment

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Style and format 40 Multiple Choice Questions
Assessment submission At the end of the exam
Assessment return Results will be released on SOLS within 1 week of the assessment.
Detailed information Topics to be covered: Chapters 1, 3, 4, 5, 6, 7, 11 and 12 (Lectures 1-5)

Assessment 3: Authentic tasks - Assessment 3

Marking Criteria The following criteria will be assessed.
i) Collection of financial data from online resources
ii) Analysis of data and production of statistical outputs
iii) Arrival at logical conclusions by demonstrating an understanding of relevant
concepts and theories and correctly interpreting statistical outputs
iv) Accordance with format/submission requirements
Length The manual for this assignment will be released on FIN222 moodle site in Week
5.
Weighting 20%
Assessment Due Week 11
Type of Collaboration Group work of 2 students
Style and format Excel spreadsheet and Report
Assessment submission The assignment is due by 5pm, Friday in Week 11.
FIN222 Students are required to submit ONLY softcopy ONLINE via
Assignment online on Moodle

For the submission of a soft-copy,

 FIN222 Students are required to submit one excel file containing Part I of the
assignment and one word file containing Part II of the assignment to Turnitin
via FIN222 Moodle site. Further instructions will be provided in FIN222
Moodle site.
 Failure to submit a soft-copy of your assignment will result in a zero mark for
the Part unsubmitted.
 FIN222 students must attach an individualised cover sheet
https://www.uow.edu.au/content/groups/public/@web/@commerce/docume
nts/doc/uow055070.pdf to the front of the assignment.

For all students, the following applies.

i) Ensure that you have signed the plagiarism declaration and included your
tutorial information before submission.
ii) Submission via hardcopy, fax, email or post will not be accepted.
iii) Assessed work handed in late will be penalised by the deduction of 10% of
total marks per day.
iv) Last-minute computer/printer break-down will not be accepted as an excuse
for making a late submission.

This assessment task has been set up to be checked by Turnitin, a tool for
checking if it has unreferenced content. You can submit your assessment task to
Turnitin prior to the due date and Turnitin will give you an originality report.
You can then make any changes that may be required and re-submit your final
version by the due date.
Assessment return Marked assignments will be returned 3 weeks after submission.
Detailed information The manual of this assignment will be released on FIN222 Moodle site after
Lecture 5 in Week 5.

FIN222 Subject Outline Session 1, 2019 Page 7 of 13

Assessment 4: Final exam - Assessment 4
Marking Criteria Marks awarded for correct technical knowledge and understanding of
theoretical concepts.
Length 3 hours
Weighting 50%
Assessment Due The final exam will be held during the UOW exam period.
Type of Collaboration Individual assessment
Style and format 7 Short-Answer Questions (including both calculations and discussion
questions)
Detailed information All topics covered in FIN222 will be examinable. More detailed information
on FIN222 Final Examination will be provided towards the end of the session.

UOW Grade Descriptors

The UOW Grade Descriptors are general statements that communicate what our grades represent, in terms of
standards of performance, and provide a frame of reference to ensure that assessment practice across the
University is appropriate, consistent and fair. Grade Descriptors are expressed in general terms so that they are
applicable to a broad range of disciplines. For more information on the UOW grade descriptors see:
https://www.uow.edu.au/curriculum-transformation/aqc/uowgradedescriptors/index.html

FIN222 Subject Outline Session 1, 2019 Page 8 of 13

Assessment Learning Outcome Matrix

Measures - Assessment weighting

Assessment Assessment Assessment Assessment
Learning Outcomes 1 2 3 4

(10%) (20%) (20%) (50%)

Demonstrate an understanding of how financial system
works and calculate the value of different types of cash
flow streams including financial assets such as shares ✔ ✔ ✔
and bonds.
Demonstrate an understanding of risk, return and the
Capital Asset Pricing Model and be able to quantify risk ✔ ✔ ✔
and return and calculate the cost of equity.
Evaluate the value of productive assets using a range of
capital budgeting techniques. ✔ ✔

Calculate the cost of capital and other quantitative

✔ ✔
measures used in working capital management decision.
Compute, interpret and apply diverse quantitative
measures in making an optimal and socially responsible ✔
investment decision.
Explain capital structure and dividend policy and their
impact on the value of a company. ✔ ✔

Minimum Performance Requirements

To be eligible to pass this subject, students must complete all assessment tasks for this subject. In addition, you
must achieve a total mark of 50% or over and obtain a minimum of 50% in the final examination or major piece
of assessment (where there is no final exam). Students who do not meet these minimum performance level
requirements will be given a Fail grade (F) on their Academic Transcript, in accordance with the General Course
Rules.

Where a student gains a mark of 50 or greater and does not meet the specified level in an assessment task required
to pass the subject a Technical Fail (TF) grade will be given. Where a Technical Fail is given the following applies:

a. Failure of the subject;

b. a TF without a mark will be granted;
c. a TF will be presented on the student's academic transcript;
d. The allocated mark of 49 will be used as the WAM calculation for subjects at all levels.

Failure to complete all assessment tasks will normally result in failure of the entire subject, other marks
notwithstanding.

Students should note that this subject requires that students commit about 12 hours study per week inclusive of
attendance at lectures and tutorials.

FIN222 Subject Outline Session 1, 2019 Page 9 of 13

Students who fail a subject may be eligible for a supplementary exam depending on the final mark obtained for
the subject and the final exam mark, or for other extenuating circumstances as approved by the relevant Head of
School and Faculty Assessment Committee in line with University of Wollongong and Faculty of Business
guidelines. Students who believe they may be eligible, and who have not already been advised accordingly, should
consult their lecturer or subject coordinator.

Types of Assessment and Collaboration

Collaboration between students during the preparation of subject assessment tasks or case studies is only permitted
dependent upon the category of assessment task declared by the subject coordinator and as printed in the Subject
Outline.

Type 1 - Take home exams: No collaboration of any kind is permitted between students or anyone else during
formation and preparation of the contents of the student submission.

Type 2 - Group work: Collaboration is permitted between students in the same group but not with students in other
groups.

Type 3 - Individual assessment: Collaboration is permitted between students only in the form of general discussion
pertaining to relevant concepts or potential issues to be dealt with in completing the assessment. However,
collaboration must not proceed to the point where it contributes directly to the final submission produced by the
student. Joint planning of the actual contents of a student's submission is not permitted. Where the assessment
requires formulation of a set of recommendations, a problem solution, or a specific course of action, collaboration
is not permitted during their formulation. Needless to say, collaboration is not permitted during the actual
preparation and writing of the student submission.

Type 4 - Open assessment: Collaboration with other students is permitted, subject to the normal rules governing
plagiarism. That is, direct use of ideas contributed by others must be acknowledged.

Type 5 - Individual assessment and group work: Collaboration is permitted with other members of your group,
but not with other groups for the group work component. No collaboration is permitted with other members of
your group for the individual component.

Submission, Retention and Collection of Written Assessment

Assessed work must be handed in by the date and time listed under each assessment task. All assessment tasks
must represent the enrolled student's own ORIGINAL work and must not have been previously submitted for
assessment in any formal course of study.

If a student does not attend a required in-session test/examination, and also fails to produce satisfactory medical
or other reasons for this (See Section C: General Advice for Students), a deferred examination will NOT be
offered, and the student may be deemed to have failed the subject, other marks notwithstanding.

Submitting Assessment Tasks

Students are required to submit original work which will provide a basis for the certification of competence in this
subject. These assessments may include: examinations, tests, take-home examinations, quizzes, assignments,
essays, laboratory reports, demonstrations, folio of creative works, performances, tutorial presentation and
participation.

Extensions

Extensions of time to submit material for assessment can only be requested in advance of the due date for an
assessment activity through the Academic Consideration process on SOLS. For more information please refer to
the Student Academic Consideration Policy at: http://www.uow.edu.au/about/policy/UOW058721.html

A Faculty of Business assignment cover sheet must be attached to each piece of written assessment task. This
cover sheet can be obtained from the website: https://business.uow.edu.au/businesscentral/UOW155483.html.

FIN222 Subject Outline Session 1, 2019 Page 10 of 13

Faxing, Posting and Emailing Assessment Work

Students may not e-mail, post or fax assessment tasks unless specifically requested by or with the prior approval
of the subject coordinator.

Late Submission of Assessment Tasks

Assessed work submitted late will be penalised by the deduction of 10 percent of the maximum possible mark for
that assessment per working day or part thereof. The operation of this rule will not result in a negative mark being
carried forward.

This penalty for late submission may be waived upon presentation of a medical certificate of illness for a relevant
period, or upon evidence of untoward or approved circumstances that fall under the Student Academic
Consideration Policy (See Section C: General Advice for Students).

Collection

Assessment items will normally be returned to students within three (3) weeks of the due date. Assessment tasks
which are relevant to the final examination for the subject will be marked and available for collection prior to the
study week before the final examination.

Data Retention and Use

The Faculty of Business will retain appropriate records in line with the State Records Act 1998 (NSW), other
relevant legislation, standards and University of Wollongong policies.

Data on student performance and engagement (such as Moodle and University Library usage, task marks, use of
SOLS) will be available to the Subject Coordinator to assist in analysing student engagement, and to identify and
recommend support to students who may be at risk of failure. If you have questions about the kinds of data the
University uses, how we collect it, and how we protect your privacy in the use of this data, please refer to
https://www.uow.edu.au/dvca/bala/analytics/index.html

Please note: Copies of student work may be retained by the University in order to facilitate quality assurance of
assessment processes.

Scaling

Marks awarded for any assessment task or part of any assessment task, including an examination may be subject
to scaling at the end of the session. Marks will be scaled only when unpredicted circumstances occur and in order
to ensure fairness of marking across groups of students. The method of scaling will depend on the type of scaling
required by the circumstances. When scaling is deemed necessary, it will follow a detailed consideration by the
Unit Assessment Committee and/or the Faculty Assessment Committee of the marks of the group of students
concerned. Scaling will not affect any individual student's rank order within their cohort. For more information
please refer to Standards for the Finalisation of Student Results Schedule 1: Scaling Guidelines
https://www.uow.edu.au/about/policy/UOW039331.html for details.

Supplementary Assessment

Supplementary assessment may be offered to students whose performance in this subject is close to that required
to pass the subject, and are otherwise identified as meriting an offer of a supplementary assessment. The Subject
Coordinator will determine the precise form of supplementary assessment at the time the offer of a supplementary
is made. In some circumstances you may be offered a supplementary exam. For more information about
Supplementary Exams refer to: http://www.uow.edu.au/student/exams/aboutsupp/index.html

FIN222 Subject Outline Session 1, 2019 Page 11 of 13

Student Complaints Policy

In accordance with the Coursework Student Academic Complaints Policy, a student may request an explanation
of a mark for an assessment task or a final grade for a subject consistent with the student's right to appropriate and
useful feedback on their performance in an assessment task. Refer to the Coursework Student Academic
Complaints Policy for further information: http://www.uow.edu.au/about/policy/UOW058653.html

Assessment Quality Cycle

The University of Wollongong is committed to the quality assurance and quality enhancement of assessment. The
University will meet its legislative and regulatory obligations, to ensure consistent and appropriate assessment
through course management and coordination, including assessment quality assurance procedures. An Assessment
Quality Cycle is used to describe quality assurance at the points of assessment design, assessment delivery, the
declaration of marks and grades, and review and improvement activities.

Assurance of Learning (What will students learn in their degree?)

The Faculty of Business ensures each degree has specified course learning outcomes which assure that students
attain knowledge, skills and competencies at the appropriate qualification level. These course learning outcomes
align with the curriculum. These are evaluated through existing assessment tasks within subjects.
The Faculty uses Assurance of Learning (AOL) to assess how students meet the specified course learning
outcomes and how well our graduates have achieved these. AOL collects and analyses student results data to
continuously improve degrees offered by the Faculty which leads to improved student learning.

Academic Integrity and Plagiarism

The University's Academic Integrity and Plagiarism Policy, faculty handbooks and subject guides clearly set out
the University's expectation that students submit only their own original work for assessment and avoid
plagiarising the work of others or cheating. Re-using any of your own work (either in part or in full) which you
have submitted previously for assessment is not permitted without appropriate acknowledgement. Plagiarism can
be detected and has led to students being expelled from the University.

The use by students of any website that provides access to essays or other assessment items (sometimes marketed
as 'resources'), is extremely unwise. Students who provide an assessment item (or provide access to an assessment
item) to others, either directly or indirectly (for example by uploading an assessment item to a website) are
considered by the university to be intentionally or recklessly helping other students to cheat. Uploading an
assessment task, subject outline or other course materials without express permission of the University is
considered academic misconduct and students place themselves at risk of being expelled from the University.

Students should visit the following University website and become familiar with the University's policy on
plagiarism https://www.uow.edu.au/about/policy/UOW058648.html

Plagiarism Prevention

The Faculty of Business has introduced an e-learning module which aims to orientate you with the knowledge
and resources to:

 avoid problems related to plagiarism

 develop your capacity to integrate evidence into your arguments
 reference correctly.

The online module is openly available for use by students at any stage in their degree. You are strongly
encouraged to use the module to help in assessing the academic integrity of your written work. The module can
be accessed via https://moodle.uowplatform.edu.au/course/view.php?id=5679

FIN222 Subject Outline Session 1, 2019 Page 12 of 13

Referencing

Why do you need to reference?

At university it is necessary to acknowledge the sources of information and ideas that you have incorporated in
your assessment tasks. Failure to do this thoroughly may result in accusations of plagiarism: this is the academic
equivalent of stealing (because by not acknowledging someone else's work, you are presenting it as your own).
Plagiarism is taken very seriously by the University and may result in expulsion from the University.

Referencing is not only about acknowledging other people's work; accurate referencing and lists of references are
beneficial when researching a topic as they allow the reader to follow up information and read further in the area.
In a sense, references provide readers with clues to help them explore different avenues of a topic. This aspect of
referencing will become more valuable to you as you progress in your studies.

There is a correct procedure that must be followed when referencing and using footnotes. Not complying with
these set techniques and format will most likely result in loss of marks. When writing an essay it is easiest to
reference as you go, making sure you are writing down all relevant information. This will save hours trying to
find the source again in the library.

The Harvard System of Referencing

The Faculty of Business uses the Harvard system of referencing. This system makes use of short references within
the body of the text. It is supplemented by a detailed list of references at the end of the text, which provides all
the information necessary to find the source material. In-text references include the author and year of publication,
and where necessary the page number(s).

It is the responsibility of students to ensure that they are familiar with the Harvard system of referencing and that
they use it accurately in all written work submitted.

Students should consult the following University Library website for a detailed explanation and examples of the
Harvard system of referencing https://www.library.uow.edu.au/resourcesbytopic/UOW026621.html

A referencing and citing guide is also available via the University Library website:
http://uow.libguides.com/refcite

Citation of Internet Sources

It is necessary for students to reference all sources used in their written work, including file transfer protocol sites,
worldwide web sites, telnet sites, synchronous communications (MOOs, MUDs, IRC, etc.) GOPHER sites, and
email, Listserv and Newsgroup citations.

It is the responsibility of students to ensure that they are familiar with the accepted Faculty of Business practice
for referencing electronic material and that they use it accurately in all written work submitted.

Students should consult the following University Library website for a detailed explanation and examples of how
to reference electronic material: http://uow.libguides.com/refcite

Section C: General Advice for Students

For general information on university policies and procedures relevant to students, and for details about the range
of student services available, please see General Advice for Students, which can be accessed online at
https://business.uow.edu.au/UOW144987.html. Hard copies of Section C: General Advice for Students can be
obtained from Business Central.

FIN222 Subject Outline Session 1, 2019 Page 13 of 13