Joint Honours Component Economics / Joint Honours Component Finance (60 credits)

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Offered by: Management     Degree: Bachelor of Arts

Program Requirements

The B.A. Joint Honours Component Economics and Joint Honours Component Finance program is offered with the Desautels Faculty of Management and is commonly referred to as the Joint Honours in Economics and Finance.

Students in this Joint Honours program should see an Economics adviser and a Management adviser.

All Joint Honours students should consult the handout describing the Economics Honours and Joint Honours programs available in the Economics Department Office, 443 Leacock Building, and at http://www.mcgill.ca/economics/undergraduates/honours.

According to Faculty of Arts regulations, Joint Honours students must maintain a minimum CGPA of 3.00 and maintain a minimum program GPA of 3.00.

Required Math Prerequisites

All Joint Honours students must complete three Math prerequisites. A sequence of two calculus courses with a grade of C or higher should be completed prior to entering the Joint Honours program. Prior to their U2 year, students should complete MATH 133. These requirements can be met by having passed equivalent courses at CEGEP or elsewhere. Joint Honours students are encouraged, but not required, to take MATH 222 Calculus 3.

* Note: Students without high school calculus take MATH 139; those with high school calculus take MATH 140.

  • MATH 133 Linear Algebra and Geometry (3 credits)

    Offered by: Mathematics and Statistics (Faculty of Science)

    Overview

    Mathematics & Statistics (Sci) : Systems of linear equations, matrices, inverses, determinants; geometric vectors in three dimensions, dot product, cross product, lines and planes; introduction to vector spaces, linear dependence and independence, bases; quadratic loci in two and three dimensions.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Miljan Brakocevic, Djivede Kelome, Michael Bailey, William J Anderson (Fall) Jessica Banks, Sidney Trudeau (Winter)

    • 3 hours lecture, 1 hour tutorial

    • Prerequisite: a course in functions

    • Restriction A: Not open to students who have taken MATH 221 or CEGEP objective 00UQ or equivalent.

    • Restriction B: Not open to students who have taken or are taking MATH 123, MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.

    • Restriction C: Not open to students who are taking or have taken MATH 134.

  • MATH 139 Calculus 1 with Precalculus (4 credits) *

    Offered by: Mathematics and Statistics (Faculty of Science)

    Overview

    Mathematics & Statistics (Sci) : Review of trigonometry and other Precalculus topics. Limits, continuity, derivative. Differentiation of elementary functions. Antidifferentiation. Applications.

    Terms: Fall 2013

    Instructors: Linan Chen (Fall)

    • Fall

    • 4 hours lecture, 1 hour tutorial

    • Prerequisite: a course in functions

    • Restriction: Not open to students who have taken CEGEP objective 00UN or equivalent.

    • Restriction Note B: Not open to students who have taken or are taking MATH 122, except by permission of the Department of Mathematics and Statistics.

    • Students continue in MATH 141

    • Each Tutorial section is enrolment limited

  • MATH 140 Calculus 1 (3 credits) *

    Offered by: Mathematics and Statistics (Faculty of Science)

    Overview

    Mathematics & Statistics (Sci) : Review of functions and graphs. Limits, continuity, derivative. Differentiation of elementary functions. Antidifferentiation. Applications.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Axel W Hundemer, Daniel Disegni (Fall) Stephen W Drury (Winter)

    • 3 hours lecture, 1 hour tutorial

    • Prerequisite: High School Calculus

    • Restriction: Not open to students who have taken MATH 120, MATH 139 or CEGEP objective 00UN or equivalent

    • Restriction: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics

    • Each Tutorial section is enrolment limited

  • MATH 141 Calculus 2 (4 credits)

    Offered by: Mathematics and Statistics (Faculty of Science)

    Overview

    Mathematics & Statistics (Sci) : The definite integral. Techniques of integration. Applications. Introduction to sequences and series.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Ihsan Topaloglu (Fall) Axel W Hundemer, Ronan Conlon, Michael Brandenbursky (Winter) Michael Brandenbursky (Summer)

    • Prerequisites: MATH 139 or MATH 140 or MATH 150.

    • Restriction: Not open to students who have taken MATH 121 or CEGEP objective 00UP or equivalent

    • Restriction Note B: Not open to students who have taken or are taking MATH 122 or MATH 130 or MATH 131, except by permission of the Department of Mathematics and Statistics.

    • Each Tutorial section is enrolment limited

Joint Honours Component Economics Requirements

Questions about the requirements for the 30-credit Economics component of this Joint Honours program should be directed to the Honours program adviser in the Department of Economics.

Economics - Required Courses (27 credits)

Please refer to the Department's document "Rules on Stats Courses for Economics Students" available on the following website: http://www.mcgill.ca/economics/undergraduates/courses/.

Economics - Complementary Courses (3 credits)

3 credits selected from the following Economics courses:

  • ECON 460 History of Thought 1 - Honours (3 credits)

    Offered by: Economics (Faculty of Arts)

    Overview

    Economics (Arts) : The evolution of economic thought prior to the close of the 19th century, as reflected in the writings of prominent economists from the time of Adam Smith to the emergence of marginalism and neoclassical economics.

    Terms: Fall 2013

    Instructors: William Watson (Fall)

  • ECON 461 History of Thought 2 - Honours (3 credits)

    Offered by: Economics (Faculty of Arts)

    Overview

    Economics (Arts) : The evolution of economic thought in the 20th century, as reflected in the writings of prominent economists on equilibrium, dynamics, games, expectations, econometrics, industrial structure, economic policy and other primary areas of interest.

    Terms: This course is not scheduled for the 2013-2014 academic year.

    Instructors: There are no professors associated with this course for the 2013-2014 academic year.

  • ECON 469 Econometrics 2 - Honours (3 credits)

    Offered by: Economics (Faculty of Arts)

    Overview

    Economics (Arts) : Treatment of asymptotic theory and classical inferential procedures, an introduction to the bootstrap, maximum likelihood, non-linear models, mis-specification testing, non-stationarity and limited dependent variable models.

    Terms: Winter 2014

    Instructors: Mayssun El-Attar Vilalta (Winter)

    • Prerequisite: ECON 468

    • Restriction(s): Not open to students who have taken or are taking ECON 467D1/D2

Joint Honours Component Finance Requirements

Questions about the requirements for the 30-credit Finance component of this Joint Honours program should be directed to the Honours program adviser in the Desautels Faculty of Management.

Finance - Required Courses (18 credits)

  • FINE 342 Finance 2 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : In-depth study of corporate finance, risk, diversification, portfolio analysis, and capital market theory.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Larbi Hammami, Zeeshanali Fazal (Fall) Zeeshanali Fazal, Matthieu Bouvard (Winter) Larbi Hammami, Anas Aboulamer, Mohammed M Chaudhury (Summer)

    • Prerequisite: MGCR 341

    • Restriction: For Finance Concentration/Major/Honours

    • Restriction: Only one of FINE 342 or FINE 343 can be counted for credit

  • FINE 441 Investment Management (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Application of investment principles and security analysis to the selection and comparison of equity and fixed income securities in the current economic and financial environment. Also covered are: determinants of stock prices, growth models and portfolio diversification.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Vadim di Pietro, Larbi Hammami, Raymond Kerzérho (Fall) Sebastien Betermier (Winter) Vadim di Pietro (Summer)

  • FINE 443 Applied Corporate Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Concepts and techniques are applied to problems faced by managers in Corporate Finance, such as working capital management, capital budgeting, capital structure, dividend policy, cost of capital, and mergers and acquisition. Application of theory and techniques through case studies.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Adolfo De Motta (Fall) Jiro Kondo (Winter) Larbi Hammami (Summer)

  • FINE 547 Advanced Finance Seminar (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Selected topics will be discussed by Faculty members, invited guest speakers, and the students. Each student is required to select a topic for study and prepare a written report for presentation.

    Terms: Fall 2013

    Instructors: Vihang R Errunza (Fall)

    • Undergraduate Prerequisites: FINE 441 and FINE 443.

    • Graduate Prerequisite: MGCR 651.

    • Corequisites: FINE 646 and FINE 622.

    • Restriction: Not open to students who have taken FINE 647.

    • Note: Lectures for this course span both the Fall and Winter semesters.

  • MGCR 211 Introduction to Financial Accounting (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : The role of financial accounting in the reporting of the financial performance of a business. The principles, components and uses of financial accounting and reporting from a user's perspective, including the recording of accounting transactions and events, the examination of the elements of financial statements, the preparation of financial statements and the analysis of financial results.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Kimberly Ryan, Brian Lindsay Davies, Edward Bierbrier, Walter Moschella, Julia Scott, Dongyoung Lee, Ralph Cecere (Fall) Kimberly Ryan, Edward Bierbrier, Seda Oz (Winter) Karen Zajdman-Borden (Summer)

    • Continuing Studies: requirement for CMA, CGA, the EA of AACI, and the Institute of Internal Auditors

  • MGCR 341 Finance 1 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : An introduction to the principles, issues, and institutions of Finance. Topics include valuation, risk, capital investment, financial structure, cost of capital, working capital management, financial markets, and securities.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Vadim di Pietro, Greg Gregoriou (Fall) Vadim di Pietro, Stephen Wong (Winter) Vadim di Pietro, Larbi Hammami, Stephen Wong (Summer)

    • Prerequisite: MGCR 271 or equivalent

    • Continuing Studies: requirement for CMA, CGA, the EA of AACI, and the Institute of Internal Auditors

Finance - Complementary Courses (12 credits)

12 credits of Finance courses selected from:

  • FINE 434 Topics in Finance 1 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Topics will be selected from current issues in the Finance Area.

    Terms: Fall 2013

    Instructors: Patrick John Bartlett, Reuven Brenner, Kenneth Lester, Matey Gerov (Fall)

    • Prerequisite: MGCR 341

    • Section 051: Only FINE 434, section 051 (CRN 15589) with Prof. Brenner will be graded as S/U (Satisfactory/Unsatisfactory) and thus will not count toward any program - concentration, minor, major, honours, etc. This course can only count as an elective.

  • FINE 448 Financial Derivatives (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : The course will concentrate on both the analytical and practical aspects of investments in options and futures. The first part of the course concentrates on option and futures valuation, considering both discrete and continuous time models. The second part of the course concentrates on the practical aspects of options and futures trading.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Patrick Augustin (Fall) Mohammed M Chaudhury, Larbi Hammami (Winter)

  • FINE 449 Market Risk Models (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Dynamic market risk models including GARCH volatility models, dynamic conditional correlation models, non-normal return distributions, option pricing allowing for skewness and kurtosis, and option risk management using delta, delta-gamma and full-valuation.

    Terms: Fall 2013

    Instructors: Vadim di Pietro (Fall)

  • FINE 451 Fixed Income Analysis (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Fixed income financial instruments and their uses for both financial engineering and risk management (at the trading desk and aggregate firm level). This will involve coverage of fixed income mathematics, risk management concepts, term structure modeling, derivatives valuation and credit risk analysis.

    Terms: Fall 2013

    Instructors: Aytek Malkhozov (Fall)

  • FINE 482 International Finance 1 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : The international financial environment as it affects the multinational manager. Balance of payments concepts, adjustment process of the external imbalances and the international monetary system. In depth study of the institutional and theoretical aspects of foreign exchange markets; international capital markets, including Eurobonds and eurocredit markets.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Anas Aboulamer, Larbi Hammami (Fall) Raad Jassim, Larbi Hammami (Winter) Sean Sutherland (Summer)

  • FINE 492 International Finance 2 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Focus on the operational problems of financial management in the multinational enterprise: Financing of international trade, international capital budgeting, multinational cost of capital, working capital management; International banking and recent developments in international capital markets.

    Terms: Winter 2014

    Instructors: Zeeshanali Fazal (Winter)

  • FINE 541D1 Applied Investments (1.5 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : Students are exposed to practical aspects of managing investment portfolios. A principal activity of students is participation in the management of a substantial investment fund.

    Terms: This course is not scheduled for the 2013-2014 academic year.

    Instructors: There are no professors associated with this course for the 2013-2014 academic year.

  • FINE 541D2 Applied Investments (1.5 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : See FINE 541D1 for course description.

    Terms: This course is not scheduled for the 2013-2014 academic year.

    Instructors: There are no professors associated with this course for the 2013-2014 academic year.

Faculty of Arts—2013-2014 (last updated Aug. 21, 2013) (disclaimer)