Academic Calendar

Finance (FIN)

FIN 2200  Corporate Finance  3 cr  

(Lab required). An introduction to corporate finance regarding the allocation and acquisition of funds. Topics include: discounted cash flows, capital budgeting, financial instruments, cost of capital, risk-return trade-offs, market efficiency, capital structure and the use of derivatives. May not be held with FIN 2201.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: [A grade of "D" or better in ACC 1100 or ACC 1101] and [a grade of "C" or better in MATH 1230 or MATH 1500 or MATH 1501 or MATH 1520] and [a grade of "C" or better in STAT 1000 or STAT 1001 or STAT 1150] and [a grade of "C" or better in both ECON 1010 (or ECON 1011) and ECON 1020 (or ECON 1021) or the former ECON 1200 (or the former ECON 1201)].

Equiv To: FIN 2201

FIN 3240  Entrepreneurial Finance  3 cr  

Study of entrepreneurial finance, addressing both investment and financing decisions of new ventures, covering both in theory and in practice. May not be held for credit in any program with FIN 3470 and may not be used in place of FIN 3470.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (D).

Mutually Exclusive: FIN 3470

FIN 3250  Financial Statement Analysis  3 cr  

A study of the methods and techniques used for interpretation of annual financial reports and the significance of alternative accounting policies on reported income. Students may not hold credit for both FIN 3250 and ACC 2020.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: ACC 1100 (D).

Mutually Exclusive: ACC 2020, ACC 2021

FIN 3270  Personal Financial Planning  3 cr  

An introduction to financial planning techniques used in professional practice. Topics include financial assessment, income tax planning, risk management, insurance, debt and credit management, investments, retirement planning, and estate planning.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (D).

FIN 3400  Investment Banking  3 cr  

The practice and theory of investment banking including valuation, initial public offerings, mergers and acquisitions, and restructuring.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (C+).

FIN 3410  Investments  3 cr  

An introduction to investment analysis and modern portfolio theory. Topics include equilibrium in the capital markets, fixed income securities, equities and derivative instruments. May not be held with FIN 3411.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisites: [A grade of "C+" or better in FIN 2200 or FIN 2201] and [a grade of "C" or better in MATH 1220 or MATH 1300 or MATH 1301 or MATH 1310] and [a grade of "C" or better in STAT 2000 or STAT 2001 or STAT 2150].

Equiv To: FIN 3411

FIN 3420  Security Analysis  3 cr  

This course provides a practical application of techniques to analyse a company for investment purposes and evaluate purchases of stock and fixed-income securities. Topics include financial statement analysis, ratio analysis, alternative methods for forecasting corporate profits and dividends, risk assessment, and valuation techniques.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisites: FIN 2200 (C+).

FIN 3440  Real Estate Investments  3 cr  

An introduction to real estate finance. Topics include valuation, financing, transaction, tax and legal issues.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (C+).

FIN 3450  International Finance  3 cr  

An introduction to the theory of comparative advantage, foreign exchange markets, international parity relations, international debt and equity markets, international debt operating exposures, and international capital budgeting.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (C+).

Equiv To: FIN 3451

FIN 3460  Financial Markets and Institutions  3 cr  

A study of financial systems with emphasis on Canada. Major topics include monetary policy, financial markets, financial institutions, financial regulation and risk management. May not be held with ECON 3640 or ECON 3641.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisites: [A grade of "C+" or better in FIN 2200 or FIN 2201] and [a grade of "C" or better in MATH 1220 or MATH 1300 or MATH 1301 or MATH 1310] and [a grade of "C" or better in STAT 2000 or STAT 2001 or STAT 2150].

Mutually Exclusive: ECON 3640, ECON 3641

FIN 3470  Small Business Finance  3 cr  

Study of the financial issues faced by small business enterprises. May not be held with FIN 3240.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (D).

Mutually Exclusive: FIN 3240

FIN 3480  Corporate Finance Theory and Practice  3 cr  

Intermediate Corporate Finance including the following topics: Capital budgeting theory and techniques, determination of relevant cost of capital, capital structure, dividend policy, leasing and other special topics. May not be held with FIN 3481.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisites: [a grade of "C+" or better in FIN 2200 or FIN 2201] and [a grade of "C" or better in MATH 1220 or MATH 1300 or MATH 1301 or MATH 1310] and [a grade of "C" or better in STAT 2000 or STAT 2001 or STAT 2150].

Equiv To: FIN 3481

FIN 4230  Selected Topics in Finance  3 cr  

A study of current issues in finance. Topics considered will depend on the interests and needs of the participants.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (C+).

FIN 4240  Financial Modeling  3 cr  

Spreadsheet implementation of practitioner-oriented financial models. May not be held with FIN 4230 when titled "Financial Modeling".

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 3410 (C).

Equiv To: FIN 4230

FIN 4250  Behavioral Finance  3 cr  

Understand how human biases impact the financial decisions of market participants and the practical implications.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 2200 (C+).

FIN 4260  Advanced Finance Theory  3 cr  

Theories that provide the foundation for modern corporate finance. Empirical tests of finance theories. Implications for managers.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisites: FIN 3410 (D) and FIN 3480 (D).

FIN 4270  Options and Futures  3 cr  

Mechanics of futures, options and swaps markets. Topics include arbitrage, hedging, forward rate agreements, models of derivative valuation and value-at-risk.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 3410 (D).

FIN 4400  Financial Management Practices  3 cr  

Application of theoretical models in finance to real-world problems using cases. Topics include working capital management, long-term investment and financing decisions, valuation, risk management, reorganizations and international financial management.

PR/CR: A minimum grade of C is required unless otherwise indicated.
Prerequisite: FIN 3480 (D).