XII. Course Descriptions
Finance
Department of Economics and Finance
| FIN*2000 Introduction to Finance S,F,W (3-0) [0.50] |
| This course provides an introduction to the theory, application and real-world evidence of finance. The course examines financial
decisions from two distinct points of view: of an individual investor and of a corporation. From the investor’s point of view,
the course focuses on the valuation of financial assets, the formation of portfolios and the relation of risk versus return.
From a corporation’s point of view, the course focuses on capital budgeting, capital structure and payout policy with a particular
emphasis on long term corporate financing.
|
| Offering(s): |
Also offered through Distance Education format. |
| Prerequisite(s): |
ECON*1050, (1 of IPS*1500, MATH*1030, MATH*1080, MATH*1200), (1 of ECON*2740, PSYC*1010, PSYC*2010, SOAN*2120, STAT*2040, STAT*2060, STAT*2080, STAT*2120)
|
| Equate(s): |
ECON*2560 |
| Department(s): |
Department of Economics and Finance |
| FIN*3000 Investments F,W (3-0) [0.50] |
| This course provides an in-depth analysis of the theory, application and evidence of financial investments with particular
emphasis on the stock market. The course reviews issues relating to the valuation of financial assets, and then focuses on
two main themes: building optimal domestic and international portfolios through dynamic asset allocation and assessing the
risk-return relation in the cross-section of stocks.
|
| Offering(s): |
Also offered through Distance Education format. |
| Prerequisite(s): |
ECON*2310, (ECON*2560 or FIN*2000)
|
| Equate(s): |
ECON*3660 |
| Restriction(s): |
This is a Priority Access Course. Enrolment may be restricted to particular programs or specializations. See department for more information. |
| Department(s): |
Department of Economics and Finance |
| FIN*3100 Corporate Finance F,W (3-0) [0.50] |
| This is a course on the theory and practice of corporate finance. The course provides a framework for analyzing the main financial
decisions of a corporation. Emphasis is placed on the application of corporate finance theory to real-world cases. The topics
covered in this course include firm valuation, capital budgeting, cost of capital, capital structure, dividend policy, initial
public offerings, and may include mergers and acquisitions.
|
| Prerequisite(s): |
ECON*2560 or FIN*2000 |
| Restriction(s): |
This is a Priority Access Course. Enrolment may be restricted to particular programs or specializations. See department for more information. |
| Department(s): |
Department of Economics and Finance |
| FIN*3200 Fundamentals of Derivatives W (3-0) [0.50] |
| This course provides an introduction to the analysis of financial derivatives. It covers the theory and application of forward
contract, futures, options, and swaps, and explains how these instruments can be used for purposes such as investment, hedging
risk, arbitrage and speculation.
|
| Prerequisite(s): |
ECON*2310, (ECON*2560 or FIN*2000)
|
| Equate(s): |
ECON*3760 |
| Restriction(s): |
FARE*4240. This is a Priority Access Course. Enrolment may be restricted to particular programs or specializations. See department for more information.
|
| Department(s): |
Department of Economics and Finance |
| FIN*3300 The Strategy of Mergers and Acquisitions F (3-0) [0.50] |
| As changes occur in product markets, public policy, and technology, the scope and scale required for companies to be competitive
often changes as well. This course examines the role of mergers and acquisitions (M&A) in repositioning companies to remain
competitive, to grow, or to exit. The course also examines how M&A can create value across a range of company types and situations.
A means of assessment of M&A success or failure is provided and the course outlines the processes and skills required for
successful M&A strategies, relevant to executives and supporting professional services in most industries today.
|
| Prerequisite(s): |
ECON*2310, ECON*2410, (ECON*2560 or FIN*2000)
|
| Equate(s): |
ECON*3360 |
| Restriction(s): |
This is a Priority Access Course. Enrolment may be restricted to particular programs or specializations. See department for more information. |
| Department(s): |
Department of Economics and Finance |
| FIN*3400 International Finance F (3-0) [0.50] |
| This course focuses on international macroeconomic issues: the balance of payments; models of exchange rate determination;
foreign exchange risk and covered interest arbitrage; alternative exchange rate regimes; small versus large economies; monetary
and fiscal policy in an open economy.
|
| Prerequisite(s): |
ECON*2410, (ECON*2560 or FIN*2000)
|
| Equate(s): |
ECON*3860 |
| Restriction(s): |
This is a Priority Access Course. Enrolment may be restricted to particular programs or specializations. See department for more information. |
| Department(s): |
Department of Economics and Finance |
| FIN*3500 Money, Credit and the Financial System W (3-0) [0.50] |
| This course explores the economics of banking, other financial institutions and credit markets. Particular attention is paid
to the issues of risk in the banking sector.
|
| Prerequisite(s): |
ECON*2410, (ECON*2560 or FIN*2000)
|
| Equate(s): |
ECON*3960 |
| Restriction(s): |
This is a Priority Access Course. Enrolment may be restricted to particular programs or specializations. See department for more information. |
| Department(s): |
Department of Economics and Finance |
| FIN*4000 Advanced Topics in Finance W (3-0) [0.50] |
| This course will examine selected advanced topics in finance, such as optimal capital structure under asymmetric information;
theoretical and empirical analysis of mergers and acquisitions; asset pricing theory; pricing derivative securities; and financial
econometrics.
|
| Prerequisite(s): |
ECON*3710, ECON*3740, (1 of ECON*3100, ECON*3810, ECON*4700), (2 of ECON*3360, ECON*3660, ECON*3760, ECON*3860, ECON*3960, FARE*4240, FIN*3000, FIN*3100, FIN*3200, FIN*3300, FIN*3400, FIN*3500)
|
| Equate(s): |
ECON*4560 |
| Department(s): |
Department of Economics and Finance |
| FIN*4100 Financial Econometrics W (4-0) [0.50] |
| This course involves the application of statistical methods to financial market data. The statistical methods covered will
include asymptotic theory, maximum likelihood estimation, instrumental variables, simultaneous equation models and selected
topics such as models for limited dependent variables, models for panel data, ARCH models, unit roots and error correction
models.
|
| Prerequisite(s): |
ECON*3740 |
| Equate(s): |
ECON*4840 |
| Department(s): |
Department of Economics and Finance |
| FIN*4900 Special Study in Finance S,F,W (3-0) [0.50] |
| The special study option is designed to provide senior undergraduate students with an opportunity to review the literature
on a specialized finance topic in order to prepare, submit and present a major paper. A formal agreement between the student
and instructor of the course is required as well as the approval of the department chair or designate.
|
| Prerequisite(s): |
ECON*3740,FIN*3100, (ECON*3660 or FIN*3000)
|
| Restriction(s): |
Instructor consent required. |
| Department(s): |
Department of Economics and Finance |
