Finance elective courses
Program: MBA
The objective of this course is to introduce students to recent advances in corporate finance. Topics covered include principal-agent conflicts, information asymmetry, moral hazard and adverse selection and their application to managerial decision-making under uncertainty. The course examines capital structure choice, mergers and acquisitions, financing choices, corporate governance, and payout policy. The application of these concepts is explored using Microsoft Excel and statistics.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Program: MBA
This course provides an overview of the world of private equity. Students examine the role of private equity investments in investment portfolios and the overall contribution of the private equity asset class in the overall capital market. The course introduces different types of private equity investments such as venture capital, growth equity and leveraged buyouts. Students develop a technical framework to analyze and value companies, are introduced to the concept and practice of deal-making and business plan analysis and develop a sensitivity to the non-analytical aspects of investment analysis.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Students who have received credit for the topic Venture Capital under a FINA 695 number may not take this course for credit.
Program: MBA
This course examines the financial aspects of mergers, acquisitions and other types of corporate restructuring strategies, such as hostile takeovers and the market for corporate control, financial re-capitalization, leveraged buyouts, management buyouts, going-private decisions etc. The objectives of this course are two-fold: first, to introduce the area of mergers and acquisitions and corporate restructuring, and secondly, to strengthen and develop the presentation and research skills necessary for the finance industry in general and investment banking in particular.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Students who have received credit for the topic Mergers and Acquisitions under a FINA 695 number may not take this course for credit.
Program: MBA
This course introduces the fundamental principles and issues related to international financial markets and their implications for firms operating in an international environment. Topics covered include foreign exchange markets, international parity conditions, foreign exchange risk management, hedging with currency derivatives, and financing the firm in the global capital market.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 645; MBA 646.
Program: MBA
This course covers recent theoretical and empirical developments in portfolio management, with an emphasis on investment strategy and the evaluation of investment performance. It introduces students to modern investment theory and the fundamentals of portfolio management. Specific topics covered include construction of optimal asset portfolios using techniques such as the single index model, extensions of the capital asset pricing model such as the zero-beta model, criteria for evaluation of investment performance, active versus passive portfolio management, portfolio insurance, and market efficiency.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Program: MBA
This course examines the markets and valuation models for options and futures contracts, and their application to hedging and the valuation of the other financial contracts. Students explore different common derivatives pricing models such as: cost-of-carry, binomial and Black-Scholes. The strengths and limitations of these different models when applied to hedging and valuation situations are examined.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Program: MBA
This course deals with the measurement and management of risks faced by corporations and financial institutions. It introduces students to the tools and techniques used in managing financial risk. The course involves a detailed examination of the various types of risks such as interest rate risk, credit risk, liquidity risk, market risk, and operational risk, and, an in-depth analysis of the tools, techniques, and Instruments that firms use to manage those risks. Students are exposed to statistical techniques, simulations, and Excel modelling with the purpose of understanding how specific risks and the aggregate risk faced by firms are managed.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Students who have received credit for the topic Financial Risk Management under a FINA 695 number may not take this course for credit.
Program: MBA
This course introduces financial investments and analysis from the viewpoint of both individuals and institutional investors. Conversely, it also benefits managers of publicly- listed companies to understand the drivers of security values. With an emphasis on equities and fixed-income capital markets, the course covers topics such as Alternative Investments, Behavioral Finance, and Portfolio Management.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Program: MBA
This course looks at the fundamental concepts, principles and analytical methods and tools useful for making real estate investments and real estate financial decisions. There are two primary objectives for this course. These are: to expose the students to the terms issues and topics in commercial real estate, and, to provide them with the set of skills necessary to assess any commercial real estate investment/project.
Prerequisites & notes
Prerequisite/Corequisite: The following courses must be completed previously: MBA 646.
Program: MBA
The subject matter for this course will vary from term to term and students may take this course more than once, provided that the content has changed.
