FN5204 Financial Institutions Management

FN5218 Entrepreneurial Finance

FN5208 Security Analysis

FN5218 Entrepreneurial Finance

This course surveys the basic concepts and tools of Financial Management. The major objectives of this course are to learn the fundamental principles of finance and to obtain a broad perspective of the area of Financial Management. Major topics include financial objectives, financial analysis and planning, financial environment, risk-return trade-off, time value of money, valuation, capital budgeting, cost of capital, capital structure, working capital basics etc. Special emphasis is given on integration of the concepts of Financial Management into a total systems approach to financial decision-making.

This course applies microeconomic theory to decision making in the business world. Case studies are used extensively. Topics include optimization techniques, estimating demand functions, business forecasting, linear programming, oligopoly and strategic behavior, pricing techniques, risk analysis, capital budgeting, anti-monopoly laws etc.

DESCRIPTION OF REQUIRED FINANCE COURSES FOR CONCENTRATION

The course examines in details investment and financing decisions, and their interrelatedness. The overall goal is to obtain a comprehensive and in-depth perspective of the area of Financial Management. Major topics include financial analysis and planning, valuation, capital budgeting, capital structure, dividend policy, working capital management, mergers and acquisition, hybrid financing, bankruptcy, multinational financial management, and risk management. Special emphasis is given on integration of the concepts of financial management into a total systems approach to business decision-making.

This course focuses on understanding of the major financial institutions and the competitive and regulatory environment in which they operate. Special emphasis is placed on the operations and financial management of institutions such as the central

bank, commercial banks, investment banks, pension funds, mutual funds and insurance companies. The course covers issues related to management of liquidity, loan portfolio, and capital, as well as various forms of risks faced by intermediaries and the trade-offs required to balance portfolio risks and returns.

This course examines the investment environment and the investment process. An investment is the current commitment of money or other resources in the expectation of reaping future benefits. The investment process involves identifying objectives and constraints, formulating and implementing strategies, and monitoring and updating the portfolio as needed. Major topics include investment alternatives, securities markets and trading mechanism, risk and return analysis, modern investment theory, valuation, analysis and management of bonds, common stocks and derivative securities, and investment performance evaluation.

This course focuses on understanding of Financial Management – in an international environment. This is achieved through comprehensive coverage of topics from the area of International Finance. Major topics include international financial environment, foreign exchange markets including currency futures, forwards, options and swaps, foreign exchange risk management, international financing and investing decisions, international working capital management, multinational capital budgeting, international portfolio diversification, etc.

This course focuses on the financial derivatives. Emphasis is placed on organization and role of put and call options markets, futures and forward markets, swaps markets, and their interrelations. Major topics include arbitrage relations, valuation, hedging and speculating with derivatives, implementation of derivatives trading strategies, the perspective of corporate securities as derivatives, the functions of derivatives in securities markets, regulations and recent innovations in derivative markets.

Financial engineering is the innovation process that seeks to adapt existing financial instruments and processes and to develop new ones so as to enable financial market participants to cope more effectively with the changing environment. In this course, students learn the basic financial issues and develop the skills to improve the financial decision-making, using engineering and operations research techniques. Much weight placed on using computational and statistical methods to solve financial problems. It is required to have Excel skills for this course and would be beneficial to have some experience with programming languages.

The course deals with analysis of various financial securities such as common stocks, preferred stocks and fixed-income securities. The course discusses valuation tools – processes and principles, and valuation models. Students get an opportunity to apply their theoretical knowledge in a practical setting by valuing various types of securities that are currently traded. Empirical evidence on the effectiveness of trading strategies based on various fundamental and technical analyses is also discussed.

Provides students with tools and techniques to manage banks. Major topics include operations, mechanics, and structure of banks, performance evaluation of banks, asset-liability management, management of various kinds of risks, such as, interest rate risk, price risk and liquidity risk, fund management, bank regulations and international banking.

Focuses on theories and practices of financing real estates and social, legal and economic implications of real estate finance. Topics include real estate instruments and procedures, financing considerations and methods, real estate credit and mortgage markets, and government regulations and legal aspects of real estate finance.