RYERSON UNIVERSITY: Undergraduate Calendar 2004-05

	CONTACT \| MY.RYERSON \| A-Z \| MAP \| SEARCH
	STUDENTS \| FACULTY/STAFF \| ALUMNI \| PUBLIC \| ORGANIZATION

Ryerson Home > Current Students > Academic Calendars > Undergraduate Calendar >

UNDERGRADUATE PROGRAM CALENDAR 2004-2005
Main/Search | Contents | Programs | Courses by Subject | ROWS
Previous Page - Parent Section - Next Page

Finance Courses
FIN 041 FIN 300 FIN 401 FIN 501 FIN 502 FIN 510 FIN 512 FIN 521 FIN 601 FIN 610 FIN 611 FIN 612 FIN 701 FIN 710 FIN 711 FIN 800 FIN 801
FIN 810 FIN 812

FIN 041 Finance: Canadian Business Finance Lect: 3 hrs.

This course is a two-semester, 2 credit course, which provides a detailed and intensive examination of the concepts and advanced techniques used by financial managers in analysis and decision making. Contemporary issues will be explored.

Prerequisite: FIN 401.

FIN 300 Finance: Managerial Finance I Lect: 3 hrs./Lab: 1 hr.

Students are introduced to the major concepts in finance and investments which are the time value of money, discounted cash flows, and risk and return. Students are given a thorough introduction to the mathematics of asset valuation. In addition, students learn how individual investors assess and reduce the risk associated with their investment decisions. The course examines how firms make investment decisions. The investment decision allocates scarce resources to projects in the firm, and involves financial forecasting, asset valuation, capital budgeting, risk management, working capital management and performance assessment.

Prerequisite: ACC 100.

FIN 401 Finance: Managerial Finance II Lect: 3 hrs.

This course builds on the material in Finance 300. Students learn how firms assess risk when making investment decisions. Students also examine how firms decide to finance projects they assess as being worthwhile. This decision involves capital structure, dividend policy, financial instruments, risk-return trade-offs, financial planning and the cost of capital. In addition, students are introduced to derivatives, and their uses in investments, risk-management, and capital structure. Firm management in an international context is integrated into the topics covered in the course.

Prerequisite: FIN 300 or ECN 320.

FIN 501 Finance: Investment Analysis I Lect: 3 hrs.

This course is designed to give students an overview of both security analysis and portfolio management. The course covers the valuation of common stock, Treasury bills and bonds, the tradeoff between risk and return, the efficient market hypothesis, modern portfolio theory, equilibrium pricing relationships, and the evaluation of portfolio performance. Playing an investment challenge game is a requirement of the course.

Prerequisite: QMS 202.

Corequisite: FIN 401.

FIN 502 Finance: Personal Financial Planning Lect: 3 hrs.

This course introduces a framework of basic principles and the financial planning techniques used in professional practice. Topics include setting goals and budgeting, family life cycle, taxation, insurance, managing credit and debt, home ownership and investment principles and types.

Prerequisite: FIN 300.

FIN 510 Finance: Entrepreneurial Finance Lect: 3 hrs.

In Canada, the majority of new jobs are created by small, entrepreneurial firms. The financial issues confronting entrepreneurial firms are very different from those that face large established companies. The focus of this course will be on analyzing the unique financial issues which face entrepreneurial firms.

Prerequisite: FIN 401.

FIN 512 Finance: Risk Management and Insurance Lect: 3 hrs.

This course looks at risk exposures and how these risks are addressed. Risk management is a life-long process that involves five steps: identification, evaluation, control, financing and monitoring. Risks can be managed with control techniques or can be financed using insurance. The course covers different types of insurance, both life, health and disability, and property, home and automobile insurance. Included are methods to calculate insurance needs.

Prerequisite: FIN 300.

FIN 521 Finance: Advanced Portfolio Management Lect: 3 hrs.

Portfolio management requires an integration of skills in financial statement analysis, economic analysis, quantitative analysis, taxation and the valuation of equity and fixed income securities. Topics include the interrelation of economic and market conditions, security valuation techniques, the specific requirements of individual and institutional investors, development of suitable investment policies, construction of multi-asset portfolios that meet the investors’ requirements and circumstances, implementation of the plan, monitoring the profile, responding to change, and the measurement and evaluation of performance.

Prerequisite: FIN 501, FIN 502.

FIN 601 Finance: Investment Analysis II Lect: 3 hrs.

This course is entirely dedicated to studying derivative securities-forward and futures contracts and how they modify the risk characteristics of a portfolio, how the exchange, clearing house and marketing to market systems work, arbitrage pricing, relationships, interest rate and currency swaps and the use of various types of options contracts and their use for hedging risk.

Prerequisite: FIN 501.

FIN 610 Finance: Short-Term Financial Management Lect: 3 hrs.

This course acquaints students with the techniques and practices of short-term corporate finance. The course investigates the role of cash and marketable securities, accounts receivables, inventory, accounts payable and other short term debt. The importance of good forecasting techniques and the nature of the banking relationship will be emphasized.

Prerequisite: FIN 401.

FIN 611 Finance: Applied Investment Management Lect: 3 hrs.

This course examines some of the emerging ideas in investment management. Students will review recent, theoretical and empirical developments in investments management. By the end of the course, the students will have learned the necessary skills to examine a large number of investment strategies using currently available resources.

Prerequisite: FIN 501.

FIN 612 Finance: Retirement and Estate Planning Lect: 3 hrs.

This course covers the issues that affect financial needs at retirement-inflation and taxation. Various vehicles for savings for retirement are examined including both private and employer-sponsored. The course also examines ways to withdraw savings at retirement. Estate planning looks at ways to ensure that assets are distributed both in accordance with one’s wishes and for the maximum benefit of one’s heirs.

Prerequisite: FIN 502.

FIN 701 Finance: Financial Intermediation Lect: 3 hrs.

This course gives the student an introduction to the subject of financial intermediation. Each of the four pillars of the financial system is looked at in some depth including the effect of recent changes in the financial system and regulations. Topics include: Why are financial institutions special? How does a deposit-taking institution work? What risks does it face? Some of the risks include liquidity risk, interest rate risk, market risk and credit risk. How are these risks measured and controlled?

Prerequisite: FIN 401.

FIN 710 Finance: Advanced Corporate Finance Lect: 3 hrs.

In this course, financial theory will be applied to a variety of corporate finance issues including capital structure policy, dividend policy, corporate valuation, securities valuation, risk management, option pricing applications and mergers and acquisitions. Practical solutions to real world financial issues will be explored.

Prerequisite: FIN 501.

FIN 711 Finance: Advanced Investment Management Lect: 3 hrs.

This course enhances and extends understanding of the material covered in FIN 501 and FIN 601 and requires the student to integrate a number of concepts. Individual securities not previously studied will be analyzed in depth, e.g., callable and convertible bonds and other securities with imbedded options. The valuation of common stock from a discounted cash flow basis is covered, instead of the usual discounted dividend framework. On the portfolio management side, the passive vs. active management of a portfolio is investigated as well as portfolio performance evaluation and some recent development in investment research.

Prerequisite: FIN 501.

FIN 800 Finance: Ethics in Finance Lect: 3 hrs.

This course introduces students to the practices and codes of conduct involved in the finance function. The course covers ethical issues and the roles of the corporate financial manager, other stakeholders and other participants in the investment industry. Readings and regulations from both academia and practice will be used to illustrate theory. Cases and speakers will be employed to bring a real world perspective to the classroom.

Prerequisites: FIN 300 and at least 30 courses successfully completed in the Bachelor of Commerce program.

Corequisite: BUS 800.

FIN 801 Finance: Financial Risk Management Lect: 3 hrs.

This course integrates material from FIN 601 and FIN 701 to look at the question of how a financial institution controls and hedges itself against all of the various risks that it faces. The course looks at liquidity management, deposit insurance, capital adequacy, credit risk management, loan securitization, interest rate forwards, futures, swaps, caps, floors and collars and how banks use these derivative products to manipulate its exposure to various types of risk.

Prerequisite: FIN 601.

FIN 810 Finance: Corporate Financial Analysis Lect: 3 hrs.

The objective of this course is to train students in the art of financial statement analysis and its application in credit analysis and business valuation. The course is extremely applied and comprehensive.

Prerequisite:Prerequisite: FIN 401, ACC 414.

FIN 812 Finance: Advanced Personal Financial Planning Lect: 3 hrs.

This course integrates other courses taken to prepare for the Certified Financial Planning exam which is set by the Financial Planners Standards Council. Students will demonstrate their understanding of all the concepts, including the ethical considerations of managing a practice by preparing a major financial planning project. Case studies will explore comprehensive financial planning which reflect the client’s goals. Students will be introduced to Financial Counselling and the ways it impacts a client’s financial dealings. Students are also introduced to an alternative model of Financial Planning. In addition, the course covers managing a professional practice.

Prerequisite:Prerequisites: FIN 512, FIN 612.

top

Previous Page - Parent Section - Next Page

FIN 041	Finance: Canadian Business Finance	Lect: 3 hrs.
This course is a two-semester, 2 credit course, which provides a detailed and intensive examination of the concepts and advanced techniques used by financial managers in analysis and decision making. Contemporary issues will be explored.
Prerequisite: FIN 401.

FIN 300	Finance: Managerial Finance I	Lect: 3 hrs./Lab: 1 hr.
Students are introduced to the major concepts in finance and investments which are the time value of money, discounted cash flows, and risk and return. Students are given a thorough introduction to the mathematics of asset valuation. In addition, students learn how individual investors assess and reduce the risk associated with their investment decisions. The course examines how firms make investment decisions. The investment decision allocates scarce resources to projects in the firm, and involves financial forecasting, asset valuation, capital budgeting, risk management, working capital management and performance assessment.
Prerequisite: ACC 100.

FIN 401	Finance: Managerial Finance II	Lect: 3 hrs.
This course builds on the material in Finance 300. Students learn how firms assess risk when making investment decisions. Students also examine how firms decide to finance projects they assess as being worthwhile. This decision involves capital structure, dividend policy, financial instruments, risk-return trade-offs, financial planning and the cost of capital. In addition, students are introduced to derivatives, and their uses in investments, risk-management, and capital structure. Firm management in an international context is integrated into the topics covered in the course.
Prerequisite: FIN 300 or ECN 320.

FIN 501	Finance: Investment Analysis I	Lect: 3 hrs.
This course is designed to give students an overview of both security analysis and portfolio management. The course covers the valuation of common stock, Treasury bills and bonds, the tradeoff between risk and return, the efficient market hypothesis, modern portfolio theory, equilibrium pricing relationships, and the evaluation of portfolio performance. Playing an investment challenge game is a requirement of the course.
Prerequisite: QMS 202.
Corequisite: FIN 401.

FIN 502	Finance: Personal Financial Planning	Lect: 3 hrs.
This course introduces a framework of basic principles and the financial planning techniques used in professional practice. Topics include setting goals and budgeting, family life cycle, taxation, insurance, managing credit and debt, home ownership and investment principles and types.
Prerequisite: FIN 300.

FIN 510	Finance: Entrepreneurial Finance	Lect: 3 hrs.
In Canada, the majority of new jobs are created by small, entrepreneurial firms. The financial issues confronting entrepreneurial firms are very different from those that face large established companies. The focus of this course will be on analyzing the unique financial issues which face entrepreneurial firms.
Prerequisite: FIN 401.

FIN 512	Finance: Risk Management and Insurance	Lect: 3 hrs.
This course looks at risk exposures and how these risks are addressed. Risk management is a life-long process that involves five steps: identification, evaluation, control, financing and monitoring. Risks can be managed with control techniques or can be financed using insurance. The course covers different types of insurance, both life, health and disability, and property, home and automobile insurance. Included are methods to calculate insurance needs.
Prerequisite: FIN 300.

FIN 521	Finance: Advanced Portfolio Management	Lect: 3 hrs.
Portfolio management requires an integration of skills in financial statement analysis, economic analysis, quantitative analysis, taxation and the valuation of equity and fixed income securities. Topics include the interrelation of economic and market conditions, security valuation techniques, the specific requirements of individual and institutional investors, development of suitable investment policies, construction of multi-asset portfolios that meet the investors’ requirements and circumstances, implementation of the plan, monitoring the profile, responding to change, and the measurement and evaluation of performance.
Prerequisite: FIN 501, FIN 502.

FIN 601	Finance: Investment Analysis II	Lect: 3 hrs.
This course is entirely dedicated to studying derivative securities-forward and futures contracts and how they modify the risk characteristics of a portfolio, how the exchange, clearing house and marketing to market systems work, arbitrage pricing, relationships, interest rate and currency swaps and the use of various types of options contracts and their use for hedging risk.
Prerequisite: FIN 501.

FIN 610	Finance: Short-Term Financial Management	Lect: 3 hrs.
This course acquaints students with the techniques and practices of short-term corporate finance. The course investigates the role of cash and marketable securities, accounts receivables, inventory, accounts payable and other short term debt. The importance of good forecasting techniques and the nature of the banking relationship will be emphasized.
Prerequisite: FIN 401.

FIN 611	Finance: Applied Investment Management	Lect: 3 hrs.
This course examines some of the emerging ideas in investment management. Students will review recent, theoretical and empirical developments in investments management. By the end of the course, the students will have learned the necessary skills to examine a large number of investment strategies using currently available resources.
Prerequisite: FIN 501.

FIN 612	Finance: Retirement and Estate Planning	Lect: 3 hrs.
This course covers the issues that affect financial needs at retirement-inflation and taxation. Various vehicles for savings for retirement are examined including both private and employer-sponsored. The course also examines ways to withdraw savings at retirement. Estate planning looks at ways to ensure that assets are distributed both in accordance with one’s wishes and for the maximum benefit of one’s heirs.
Prerequisite: FIN 502.

FIN 701	Finance: Financial Intermediation	Lect: 3 hrs.
This course gives the student an introduction to the subject of financial intermediation. Each of the four pillars of the financial system is looked at in some depth including the effect of recent changes in the financial system and regulations. Topics include: Why are financial institutions special? How does a deposit-taking institution work? What risks does it face? Some of the risks include liquidity risk, interest rate risk, market risk and credit risk. How are these risks measured and controlled?
Prerequisite: FIN 401.

FIN 710	Finance: Advanced Corporate Finance	Lect: 3 hrs.
In this course, financial theory will be applied to a variety of corporate finance issues including capital structure policy, dividend policy, corporate valuation, securities valuation, risk management, option pricing applications and mergers and acquisitions. Practical solutions to real world financial issues will be explored.
Prerequisite: FIN 501.

FIN 711	Finance: Advanced Investment Management	Lect: 3 hrs.
This course enhances and extends understanding of the material covered in FIN 501 and FIN 601 and requires the student to integrate a number of concepts. Individual securities not previously studied will be analyzed in depth, e.g., callable and convertible bonds and other securities with imbedded options. The valuation of common stock from a discounted cash flow basis is covered, instead of the usual discounted dividend framework. On the portfolio management side, the passive vs. active management of a portfolio is investigated as well as portfolio performance evaluation and some recent development in investment research.
Prerequisite: FIN 501.

FIN 800	Finance: Ethics in Finance	Lect: 3 hrs.
This course introduces students to the practices and codes of conduct involved in the finance function. The course covers ethical issues and the roles of the corporate financial manager, other stakeholders and other participants in the investment industry. Readings and regulations from both academia and practice will be used to illustrate theory. Cases and speakers will be employed to bring a real world perspective to the classroom.
Prerequisites: FIN 300 and at least 30 courses successfully completed in the Bachelor of Commerce program.
Corequisite: BUS 800.

FIN 801	Finance: Financial Risk Management	Lect: 3 hrs.
This course integrates material from FIN 601 and FIN 701 to look at the question of how a financial institution controls and hedges itself against all of the various risks that it faces. The course looks at liquidity management, deposit insurance, capital adequacy, credit risk management, loan securitization, interest rate forwards, futures, swaps, caps, floors and collars and how banks use these derivative products to manipulate its exposure to various types of risk.
Prerequisite: FIN 601.

FIN 810	Finance: Corporate Financial Analysis	Lect: 3 hrs.
The objective of this course is to train students in the art of financial statement analysis and its application in credit analysis and business valuation. The course is extremely applied and comprehensive.
Prerequisite:Prerequisite: FIN 401, ACC 414.

FIN 812	Finance: Advanced Personal Financial Planning	Lect: 3 hrs.
This course integrates other courses taken to prepare for the Certified Financial Planning exam which is set by the Financial Planners Standards Council. Students will demonstrate their understanding of all the concepts, including the ethical considerations of managing a practice by preparing a major financial planning project. Case studies will explore comprehensive financial planning which reflect the client’s goals. Students will be introduced to Financial Counselling and the ways it impacts a client’s financial dealings. Students are also introduced to an alternative model of Financial Planning. In addition, the course covers managing a professional practice.
Prerequisite:Prerequisites: FIN 512, FIN 612.