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Master of Business Administration (M.B.A.); Management (Non-Thesis) — Finance (57 credits)

Offered by: Management     Degree: Master of Business Admin

Program Requirements

The Finance concentration focuses on how firms raise capital and on the optimal allocation of capital for investments. This concentration prepares students for careers in corporate treasury functions, asset management, and investment banking.

Required Core Courses (21 credits)

All M.B.A. students must complete the following core courses:

  • MGCR 629 Global Leadership (1 credit)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Management Core : An introduction to the leadership challenges of the 21st century in a rapidly changing global environment at the intersection of business and society.

    Terms: Fall 2013, Summer 2014

    Instructors: Nancy J Adler (Fall)

  • MGCR 650 Business Tools (2 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Management Core : An introduction to the practical usage of standard business tools and frameworks.

    Terms: Fall 2013, Summer 2014

    Instructors: Derek Hart, Philippe Levy (Fall) Derek Hart, Philippe Levy (Summer)

    • Intensive course: 13 hours per week for 2 weeks, for a total of 26 contact hours.
  • MGCR 651 Managing Resources (4 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Management Core : An introduction to the challenges of acquiring and developing various resources in the firm, including financial capital, human talent, and information technology.

    Terms: Fall 2013, Summer 2014

    Instructors: Benjamin Croitoru, Suzanne Gagnon, Jui Ramaprasad, Genevieve Bassellier, Sebastien Betermier (Fall) Liette Lapointe, Benjamin Croitoru (Summer)

    • Prerequisite: MGCR 650
    • Intensive course: 7.5 hours per week, over 7 weeks for a total of 52 contact hours
  • MGCR 652 Value Creation (4 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Management Core : Offers a comprehensive overview of the value creation process in business sectors by exploring the inter-relationships among the partners in the value chain.

    Terms: Fall 2013, Summer 2014, Winter 2014

    Instructors: Sujata Madan, Demetrios Vakratsas, Saibal Ray, Mehmet Gumus, Thomas Dotzel (Fall) Liette Lapointe, Saibal Ray, Saurabh Mishra (Summer) Sujata Madan, Mehmet Gumus, Thomas Dotzel (Winter)

    • Prerequisite: MGCR 650.
    • Intensive course: 7.5 hours per week, over 7 weeks for a total of 52 contact hours.
  • MGCR 653 Markets and Globalization (4 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Management Core : A review of macro-environment in which firms compete, and the linkages which exist between the domestic and global economies. Topics such as trade, fiscal and monetary policy, interest rates, exchange rates, and balance of payments will be covered.

    Terms: Fall 2013, Winter 2014

    Instructors: Steve Maguire, Francesca Carrieri, Demetrios Vakratsas, Dror Etzion (Fall) Dror Etzion, Nicholas Matziorinis, Saurabh Mishra (Winter)

    • Intensive course: 13 hours per week over 4 weeks for a total of 52 contact hours.
  • MGCR 660 International Study Trip (6 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Management Core : This course aims to provide students a comprehensive understanding of the process of internationalization as well as managing an enterprise/organization in an international setting. Students will participate in an organized study trip outside of Canada, to a city with significant international business.

    Terms: Summer 2014, Winter 2014

    Instructors: Alfred M Jaeger, Richard George Donovan, Sujata Madan, Demetrios Vakratsas (Summer) Sujata Madan, Demetrios Vakratsas (Winter)

    • Prerequisites: MGCR 629, MCGR 650, MGCR 651, MGCR 652, MGCR 653
    • Restriction: Restricted to MBA students only

Required Concentration Courses (6 credits)

Students choosing the Finance concentration must complete these required courses:

  • FINE 622 Modern Corporate Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Foundations of modern corporate finance theory. Key topics: Capital structure in a perfect market as well as imperfections arising from debt and taxes, and bankruptcy costs. Dividend and payout policy. Capital budgeting and valuation with leverage. Corporate governance. Corporate risk management.

    Terms: Winter 2014, Summer 2014

    Instructors: Adolfo De Motta, Larbi Hammami (Winter) Sujata Madan (Summer)

    • Prerequisite: MGCR-651 Managing Resources.
  • FINE 646 Investments and Portfolio Management (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : The prime objective is to provide the student with a rational framework for investment. The portfolio and capital market theory of FINE 650 is extended and the empirical evidence supporting these and competing hypotheses is investigated for both individual securities and portfolios.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Benjamin Croitoru, Larbi Hammami (Fall) Sebastien Betermier (Winter) Jan Edvard Ericsson (Summer)

    • Prerequisite: MGCR 651

Complementary Courses (30 credits)

9 credits selected from the following courses toward the concentration:

  • ACCT 618 Financial Reporting: Structure & Analysis (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Accounting : An in-depth analysis of corporate financial reporting principles and practices, with emphasis on developing the abilities of the student to discriminate between the form and substance of corporate financial reports. Analysis of all components of the financial statements with the effect of reference to alternative practices on financial reports.

    Terms: Winter 2014, Summer 2014

    Instructors: Steve Fortin (Winter) Steve Fortin (Summer)

  • FINE 541 Applied Investments (3 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: Winter 2014, Fall 2013

    Instructors: Kenneth Lester (Winter) Kenneth Lester (Fall)

    • Prerequisite (Undergraduate): FINE 441. Limited enrolment. Prerequisite (Graduate): Permission of the instructor.
    • Restriction: Open to U2 students only
  • FINE 620 Corporate Mergers (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : This course deals with the rationale, structuring, shareholder value creation, financial implications and management of corporate joint ventures, alliances, mergers and acquisitions, including discussion of the external and internal reasons for these alliances and combinations and the steps taken to create structure and value and then to manage their implementation.

    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.

    • Prerequisite: FINE-622.
    • Restriction: MBA students only.
    • Note: This course requires advance preparation based on each new case study presented each week.
  • FINE 630 Fixed Income Markets (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Fixed income securities and their uses for financial engineering as well as risk management at both the trading desk and the aggregate firm level. This will involve a treatment of basic fixed income mathematics, risk management concepts, term structure modelling, derivatives valuation theory and credit risk analysis.

    Terms: Fall 2013

    Instructors: Aytek Malkhozov (Fall)

    • Prerequisite: FINE 646.
  • FINE 635 Financial Risk Management (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Latest techniques of market risk management including volatility and correlational modelling, extreme value theory, Monte Carlo simulation, historical simulation and filtered historical simulation. Option pricing with time varying volatility and option risk management. Backtesting and Stress testing.

    Terms: Fall 2013

    Instructors: Vadim di Pietro (Fall)

    • Prerequisite: FINE 646.
  • FINE 639 Derivatives and Risk Management (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : This course studies the field of investments related to options and futures. The course will concentrate on trading strategies and analytical models for valuing options and futures contacts.

    Terms: Winter 2014

    Instructors: Mohammed M Chaudhury (Winter)

    • Prerequisite: MGCR-651.
  • FINE 645 Money and Capital Markets (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Demand for and supply of money and other financial instruments by and to banks and near banks. Simple analytical models integrating the Canadian Institutional aspects. The role of the banking sector in the money creation process. International aspects of monetary policy.

    Terms: Fall 2013

    Instructors: Laurent Barras (Fall)

    • Prerequisite: MGCR-651.
  • FINE 648 Applied Corporate Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Concepts and techniques developed in earlier courses are extended and/or applied to problems faced by managers in Corporate Finance. Such problems include: working capital management, capital budgeting, capital structure, dividend policy, cost of capital and mergers and acquisitions. Stresses the application of theory and techniques and extensive use is made of case studies.

    Terms: Fall 2013

    Instructors: Larbi Hammami (Fall)

    • Prerequisite: FINE-622 Modern Corporate Finance.
  • FINE 660 Global Investment Management (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Primary focus will be on global investments. The course will deal with the theoretical foundations of modern international portfolio theory and empirical evidence in a real world setting. It will span the developed markets of Europe and Japan, NICS of the Pacific rim and emerging markets. The primary objective is to prepare a new generation of managers who can operate effectively in the new global investment environment.

    Terms: Fall 2013

    Instructors: Sergei Sarkissian (Fall)

    • Prerequisite: FINE 646 - Investments and Portfolio Management.
  • FINE 665 Investment Strategies and Behavioural Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : To gain understanding of the interrelation between fundamental and behavioural approaches in exploring financial market dynamics, investment strategies and performance.

    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.

    • Prerequisite: FINE 646 - Investments and Portfolio Management.
    • Restriction: M.B.A. students only.
    • Note: This course requires usage of various financial databases.
  • FINE 690 Advanced Topics in Finance 1 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Review of current topics in finance.

    Terms: Fall 2013, Winter 2014

    Instructors: Matey Gerov, Jan Edvard Ericsson (Fall) Kenneth Lester, Jan Edvard Ericsson (Winter)

  • FINE 693 Global Capital Markets (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : The international financial environment as it affects the multinational manager. In-depth study of the various balance of payments concepts, adjustment of the external balance, and the international monetary system will be followed by a review of theory and institutional aspects of the foreign exchange and the international (Eurodollar) markets.

    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.

    • Prerequisite: MGCR-651 Managing Resources.
  • FINE 694 International Corporate Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Finance : Focus on the operational problems of financial management in the multinational enterprise: financing of international trade, determining the firm's exposure to foreign exchange rate changes, protection against exchange losses, international capital budgeting, multinational cost of capital, working capital management and international portfolio diversification.

    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.

    • Prerequisite: FINE-622 Modern Corporate Finance.

The remaining 15 credits of courses are chosen from 500- and 600-level courses offered by the Faculty.

6 credits from the following:*

  • BUSA 650 Internship (6 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Business Admin : An on-the-job experience in a corporation or organization supervised by an academic faculty member.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Richard George Donovan (Winter) Richard George Donovan (Summer) Richard George Donovan (Fall)

    • Prerequisite: MBA Core (MGCR 629, MGCR 650, MGCR 651, MGCR 652, and MGCR 653)
  • BUSA 651 Practicum (6 credits)

    Offered by: Management (Desautels Faculty of Management)

    Administered by: Graduate Studies

    Overview

    Business Admin : A practical project which provides an opportunity to explore and recommend solutions to a business issue within a corporation or organization.

    Terms: Fall 2013, Winter 2014, Summer 2014

    Instructors: Derek Hart (Fall) Derek Hart (Winter) Derek Hart (Summer)

    • Prerequisite: MBA Core (MGCR 629, MGCR 650, MGCR 651, MGCR 652, and MGCR 653).

* Note: Students electing to participate in an International Exchange (12 credits of complementary courses) are exempt from BUSA 650 and BUSA 651. Two additional electives are required to complete the 57-credit requirement.

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