Site Navigation
Welcome
Important Notice and Disclaimer
Faculty of Graduate Studies General Information
Graduate Students' Association (GSA)
Academic Schedule
Faculty of Graduate Studies Degrees Information
Admissions
Awards and Financial Assistance for Graduate Students
Tuition and General Fees
Academic Regulations
Program Descriptions
Interdisciplinary Specializations
Courses of Instruction
How to Use
Courses of Instruction by Faculty
Course Descriptions
A
B
C
D
E
F
Finance FNCE
Fine Arts FINA
French FREN
G
H
I
J, K
L
M
N, O
P
R
S
T, U
V
Z
Student and Campus Services
About the University of Calgary
Graduate Studies Calendar 2018-2019 Courses of Instruction Course Descriptions F Finance FNCE
Finance FNCE

Instruction offered by members of the Haskayne School of Business.

Graduate Courses
Finance 601       Managerial Finance
The major decision-making areas confronting modern financial managers today. Provides a general understanding of financial markets and how they can be used for personal finance. Covers traditional subjects such as capital budgeting, net present value, risk/return, capital structure and dividend policy. Topical areas covered are IPOs, mergers and acquisitions, derivatives and options. The course is integrated with current events from the financial world.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Accounting 601.
back to top
Finance 737       Finance and Governance for Managers
Introduction to basic and advanced concepts of financial management, and application of the tools of financial analysis from the standpoint of the CEO and C-level executives. Topics include ratio analysis, risk concepts, valuation principles, capital budgeting, cost of capital, interest rates, time value of money, leverage, capital structure, dividend policy, financial instruments, working capital management, short- and long-term financing, mergers and acquisitions, and long-range financial planning. The relationship between financial policy and corporate strategy is examined. The broad framework of corporate governance, including incentive structures, monitoring systems, agency problems, payout policies, capital structure, board and ownership structure, executive compensation and corporate control is also covered, with a special focus on accounting and auditing as corporate governance devices.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Admission to the Doctor of Business Administration program.
back to top
Finance 745       Futures and Options
After presenting basic definitions, institutional details, and strategies, a general theory of derivative pricing based on the principle of No Arbitrage will be developed. This theory will then be applied to the basic derivative contracts (futures, forwards, put options and call option) as well as exotic options. Using the binomial model, as well as the continuous time model of Black Scholes, hedging and replication will also be examined.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 751       Advanced Topics in Financial Administration
Classical and contemporary topics in the theory and practice of financial management including capital structure, cost of capital, real options valuation, bankruptcy costs and debt holder-equity holder conflicts, corporate financial strategy, managerial incentives and financial decisions, information conveyed by financial decisions, and mergers and acquisitions.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 753       Problems in Financial Management
The application of financial management principles to actual problems mainly in the corporate sector, including such areas as working capital, management, short, intermediate and long-term financing problems, dividend policy and reorganization.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 755       Capital Budgeting
Capital investment policies, real options, required rate of return calculation, tax factors, risk analysis, buy versus lease, abandonment considerations.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 757       Management of Financial Institutions
Financial intermediaries such as banking and brokerage. Explains the risks faced by institutions and the integration through modern financial markets. Covers issues such as lending, trading, securitization, deposit insurance and the regulatory environment. Concludes with modern bank management from the shareholder value point of view.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 759       Investment and Portfolio Management
Theory and analysis of investment and portfolio management decisions. Evaluation of performance of individual and professional investors and portfolio managers.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 765       Mergers and Acquisitions
A study of economic theory and practical issues around takeover strategies, and takeover defence strategies. Valuation issues, corporate restructuring, corporate governance, and methods of ensuring congruence between management and shareholder goals are also discussed.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 767       Financial Risk Management
A framework for evaluating financial risks and managing them with the use of financial securities including derivatives. Includes firm valuation with risk management, value-at-risk, testing financial models, optimal hedging strategies, energy risk management, market risk, static versus dynamic strategies, interest rate risk, credit risk and liquidity risk. Case analysis of financial disasters due to risk management failures.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 777       Personal Financial Management in Canada
Introduction to personal financial management in Canada. Goal setting, personal financial statements analysis, the time value of money, the Canadian personal income tax system, taxation issues for small businesses, risk management, an overview of investments, retirement planning and estate planning. Completion of a personal financial plan by the end of the course.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
Notes:
May not be used as part of a student's major in Finance.
Also known as:
(formerly Management Studies 761)
back to top
Finance 785       New Venture Finance
Problems of valuing and financing new ventures. Emphasis on financial theory, best practices and modelling of new ventures. Case studies and opportunities to develop detailed financial plan for live new venture.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601 or consent of the Haskayne School of Business.
back to top
Finance 789       Seminar in Financial Management
Intensive study and discussion of current literature and research with respect to selected, advanced topics in Finance.
Course Hours:
3 units; H(3S-0)
MAY BE REPEATED FOR CREDIT
back to top
Finance 795       International Finance
A study of the international financial environment and the issues firms face when operating in this environment. Currency regimes, currency crises, balance of payments, exchange rate and interest rate parity conditions, supernational agencies, political risks, management of foreign exchange exposure are some of the major topics studied.
Course Hours:
3 units; H(3-0)
Prerequisite(s):
Finance 601.
back to top
Finance 797       Advanced Seminar in Finance

Course Hours:
3 units; H(3S-0)
Prerequisite(s):
Consent of the Haskayne School of Business.
MAY BE REPEATED FOR CREDIT
back to top
Finance 799       Doctoral Seminars in Finance

799.01. Theory of Finance

799.02. Empirical Methods in Finance

799.03. Topics in Finance

799.04. Financial Engineering

799.05 Theory of Corporate Finance

799.06 Asset Pricing

799.07 Topics in Asset Pricing and Corporate Finance


Course Hours:
3 units; H(3S-0)
back to top