Modules 1-6
Module 1
ACCT 604
Financial Statements 1
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Accounting: Introduction to financial accounting, including the objectives of financial statement analysis. Discussion of the limitations of the financial information used in financial statement analysis.
Offered by: Management
- Prerequisite: FINE 673
- **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Add/drop is the third lecture day and withdrawal is the sixth lecture day.
- Terms
- This course is not scheduled for the 2023 academic year
- Instructors
- There are no professors associated with this course for the 2023 academic year
FINE 678
Financial Economics
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Theoretical foundations of modern financial economics, including the principles underlying the theoretical results on individual portfolio decisions under uncertainty and the implications for the valuation of securities.
Offered by: Management
- Terms
- This course is not scheduled for the 2023 academic year
- Instructors
- There are no professors associated with this course for the 2023 academic year
or
FINE 690
Advanced Topics in Finance 1
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Review of current topics in finance.
Offered by: Management
- Terms
- This course is not scheduled for the 2023 academic year
- Instructors
- There are no professors associated with this course for the 2023 academic year
Module 2
FINE 681
International Capital Markets
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: International finance, including comprehensive analysis of the institutions and the theoretical models that characterize open economies.
Offered by: Management
- Terms
- This course is not scheduled for the 2023 academic year
- Instructors
- There are no professors associated with this course for the 2023 academic year
Module 3
FINE 671
Applied Finance Project
9 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Research project supervised by a Faculty member of the Desautels Faculty of Management.
Offered by: Management
- Terms
- Instructors
- There are no professors associated with this course for the 2023 academic year
FINE 680
Investments
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Financial markets, portfolio theory, and portfolio management.
Offered by: Management
- Prerequisite: FINE 673.
- **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Add/drop is the second lecture day and withdrawal is the fifth lecture day.
Module 4
FINE 688
Mergers and Acquisitions
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Mergers and acquisition (M&A) activities and the processes used to successfully accomplish and create shareholder value from these activities. Joint ventures and alliances, governance and regulatory, cross border M&A, divestitures.
Offered by: Management
NEW
FINE 674
Fintech
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Exploration of the impact of information technologies on financial systems. How the digitalization of payments affect the structure of the banking system and sustains
financial inclusion. Basic principles of cryptography and use them to understand the architecture of large permissionless blockchains. The capabilities and limitations of this technology as well as its developments (permissioned blockchains, smart contract, stablecoins). The role of platforms in the development of new financial
technologies and the role of artificial intelligence in finance.
Offered by: Management
- Restrictions: Not open to students who have taken FINE 691 when topic was "Fintech".
Module 5
FINE 682
Derivatives
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Introduction to the valuation and hedging of derivatives contracts such as options, futures and forwards.
Offered by: Management
FINE 683
Advanced Corporate Finance
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Financial tools required for good business decisions, focusing on the relation between finance and corporate strategy.
Offered by: Management
Module 6
FINE 684
Fixed Income Analysis
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Fixed income financial instruments and their uses for financial engineering and risk management.
Offered by: Management
NEW
FINE 691
Advanced Topics in Finance 2
3 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Current topics in finance.
Offered by: Management
- Terms
- Instructors
- Katrin Tinn, Begum Ipek Yavuz
Applied Finance Project
FINE 671
Applied Finance Project
9 Credits
Offered in the:
- Fall
- Winter
- Summer
Finance: Research project supervised by a Faculty member of the Desautels Faculty of Management.
Offered by: Management
- Terms
- Instructors
- There are no professors associated with this course for the 2023 academic year
The integrative finance project is a core component of the program. It provides the opportunity to immediately put into practice the skills and knowledge that students acquire in the classroom. Students fulfill this requirement in three overlapping stages:
- Desautels Capital Management Inc. (June to May): Upon entry into the program, students join Desautels Capital Management (DCM) as analysts. DCM is a licensed and regulated asset management firm, with an independent board of directors and external investors. As analysts, students are responsible for a particular sector, identifying investment opportunities, and pitching them to colleagues. In addition, students are responsible for dealing with regulatory issues, compliance, trading and execution, back office settlement, preparation and filing of financial statements, and communication with clients.
- Professional Seminar Series (August to March): Seminars will be held regularly to expose students to current issues and practices in financial markets. The seminars will be given by professionals from various industries, e.g. hedge funds, pension funds, tax/legal accountants, etc., and will provide unique networking opportunities.
- Final Project (January to May/October): Students will work on a finance topic of their choice under the supervision of a faculty member. Throughout the project, students will have the opportunity to think independently and creatively about an important financial topic, apply their quantitative skills, and ultimately showcase marketable skillsets in an area of their interest.
See a list of these >
International Study Trip
In the Fall, students enrolled in the MMF program travel to London, England to witness firsthand how today’s financial sector operates in a booming metropolis. Over the span of five days and thanks to McGill’s extensive alumni network, students meet with several distinct financial organizations that operate across a variety of areas, such as asset management, real estate, risk management, and private equity.
Learn more >