Certificate (Cert.) Applied Finance (30 credits)

Offered by: Career & Professional Develop     Degree: Certificate in Applied Finance

Program Requirements

** Admissions no longer accepted. **

This program aims to provide students with the appropriate competencies in the area of finance using learner-centered instructional methods to prepare them for a variety of careers in finance. The program is designed to provide a solid knowledge base in various finance related fields, such as corporate finance, investment banking and portfolio management, risk management, treasury finance, financial planning and sustainable financial management.

Note: There are two external prerequisite courses to the program, which must be taken prior to taking certain required courses in this program. Students who wish to apply for advanced standing for prerequisite courses must complete an Advanced Standing form at the time of admission or they may take an Exemption by Examination test. Prerequisites and corequisites are not included in the total credit requirements for the program.

Prerequisite Courses

  • CMSC 101 Mathematical Tools for Management Professionals (3 credits) *

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Management Science (CCE) : Exponential and logarithmic functions and equations, mathematics of finance, permutations and combinations, introduction to probability, limits and derivatives with applications, matrices and systems of linear equations.

    Terms: Fall 2019

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

    • Prerequisite: CMSC 000 Foundations of Mathematics or Diagnostic Test

  • MGCR 211 Introduction to Financial Accounting (3 credits) *

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : The role of financial accounting in the reporting of the financial performance of a business. The principles, components and uses of financial accounting and reporting from a user's perspective, including the recording of accounting transactions and events, the examination of the elements of financial statements, the preparation of financial statements and the analysis of financial results.

    Terms: Fall 2019, Winter 2020

    Instructors: Seunghwan Oh, Hongping Tan, Philippe Levy (Fall) Dongyoung Lee (Winter)

    • Continuing Studies: requirement for CMA, CGA, the EA of AACI, and the Institute of Internal Auditors

* or the Exemption by Examination Test

Corequisite Courses

  • CMSC 310 Managerial Economics and Analysis (3 credits) *

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Management Science (CCE) : An overview of the economic theories as well as the internal and external economic factors that influence business so as to apply and understand managerial decision-making tools. Consideration will be paid to foundational topics such as theories of supply and demand; consumer behaviour; production, cost and pricing strategies; market structures; and optimization techniques.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

    • Prerequisite: CMSC 000

    • Restriction: Not open to students who have taken or are taking MGCR 293

  • CMSC 320 Business Statistics (3 credits) *

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Management Science (CCE) : An overview of descriptive statistics, probability, random variables, binomial, Poisson, normal distributions, sampling distribution of the mean, estimation, hypothesis testing, analysis of variance, tests of goodness of fit, linear and multiple regression, non-parametric statistics. Business and management case studies will be used.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

    • Prerequisite: CMSC 101

    • Restriction: Not open to students who have taken or are taking MGCR 273

* or the Exemption by Examination Test

Required Courses (21 credits)

  • ACCT 354 Financial Statement Analysis (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Accounting : Interpretative nature of the conceptual framework underlying a multitude of financial reporting standards, including the impact of alternative accounting methods, management biases and stakeholder interests in the analysis and valuation of the firm.

    Terms: Fall 2019, Winter 2020

    Instructors: Julia Scott (Fall)

  • CFIN 300 Fundamentals of Financial Markets and Institutions (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : This course provides an introductory overview of national and international financial markets and financial institutions. The focus will be on the structure of the global financial system, financial markets (bonds, money, equity, and foreign exchange), and the main types of financial institutions: banks, mutual funds, insurance companies, and pension plans.

    Terms: Fall 2019

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CFIN 310 Short-Term Financial Management (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : Traditional concepts of the net present valuation, liquidity, collections, disbursements, company-bank relationships, cash forecasting, and short-term investing and financing, which provide an understanding of the role of working capital management in the operations of a firm.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CFIN 410 Investment and Portfolio Management (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : This course covers financial instruments such as stocks and bonds, formation and management of investment portfolios and evaluation of portfolio performance. Finance theories and investment practices relating to such additional topics as global portfolio diversification, investments by means of Initial Public Offerings, hedge funds, private equity and derivatives are presented.

    Terms: Fall 2019

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • FINE 342 Corporate Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : In-depth study of corporate finance, risk, diversification, portfolio analysis, and capital market theory.

    Terms: Fall 2019, Winter 2020

    Instructors: Sujata Madan, Larbi Hammami (Fall) Sujata Madan (Winter)

    • Prerequisite: MGCR 341

    • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Add/drop is the second lecture day and withdrawal is the fourth lecture day.

  • FINE 482 International Finance 1 (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Finance : The international financial environment as it affects the multinational manager. Balance of payments concepts, adjustment process of the external imbalances and the international monetary system. In depth study of the institutional and theoretical aspects of foreign exchange markets; international capital markets, including Eurobonds and eurocredit markets.

    Terms: Fall 2019, Winter 2020

    Instructors: Sergei Sarkissian (Fall) Mohammed M Chaudhury (Winter)

  • MGCR 341 Introduction to Finance (3 credits)

    Offered by: Management (Desautels Faculty of Management)

    Overview

    Management Core : An introduction to the principles, issues, and institutions of Finance. Topics include valuation, risk, capital investment, financial structure, cost of capital, working capital management, financial markets, and securities.

    Terms: Fall 2019, Winter 2020

    Instructors: Vadim di Pietro (Fall) Vadim di Pietro, Sujata Madan (Winter)

    • Corequisite: MGCR 271 or equivalent

    • Continuing Studies: requirement for CMA, CGA, the EA of AACI, and the Institute of Internal Auditors

Complementary Courses (9 credits)

  • CFIN 200 Retirement Planning (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : This course addresses the various elements in the retirement planning process such as pension planning instruments, public and private pension plans, insurance, income tax, estate planning, and wills.

    Terms: Fall 2019

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CFIN 305 Investor Behaviour (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : The emotional and psychological factors that impact investors' behaviour and decision making. Various market anomalies will be examined in the context of mean-variance efficiency theory, as well as typical forecasting errors, expert justifications and continued investor reliance on forecasting models in the context of psychological biases.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CFIN 401 Sustainable Finance and the Firm (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : The objective of this course is to understand how to assess and analyze the impact of Green House Gas regulations on corporations and their financial policies. Topics include capital budgeting, capital structure and corporate governance. Case studies will be used to illustrate sustainable corporate policies.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CFIN 402 Business Valuation and Project Finance (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : This course provides a comprehensive analysis of alternative valuation models and techniques such as discounted cash flow and relative valuation methods. These techniques are applied to the valuation of various types of firms such as financial services, start ups, private and distressed firms, and firms with negative earnings.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CFIN 403 Mergers and Acquisitions (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : This course applies theory from corporate finance to the analysis of mergers, acquisitions, and related transactions. The objectives of this course are to introduce the area of mergers and acquisitions and to develop and strengthen the presentation and research skills necessary for the investment banking or merger arbitrage industries.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CFIN 421 Asset Liability Management (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Finance (CCE) : This course introduces the basic Asset Liability Management concepts of currency exposure, interest rate risk, and liquidity risk. It also introduces some basic tools to manage risks in banks and insurance firms.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CPDV 301 Risk Management (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Professional Devel : This course emphasizes the importance of decision-making criteria in selecting among the various alternatives available in risk management. Management techniques treated are: the risk management concepts and objectives; risk management in an organization and its effect on profits; risk management techniques; risk identification and analysis; forecasting and comparing risks; property risks; income risks; liability risks; personnel loss risks; probability analysis; risk management decision-making and capital budgeting methods.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CPDV 302 Risk Control (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Professional Devel : This course specifically explores the selection, implementation and monitoring of risk control techniques which are essential in preventing or minimizing potential losses before they occur. Fault tree study, statistical analysis, contractual liability reviews and in-house safety programs are detailed. The course will examine the two dimensions of loss, frequency and severity, with particular attention on losses to property, people, net income and liability.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

  • CPDV 303 Risk Financing (3 credits)

    Offered by: Career & Professional Develop (School of Continuing Studies)

    Overview

    Professional Devel : This course explores the fundamentals of risk financing as they relate to the risk management process. The identification, implementation and monitoring of Risk Financing Techniques will be analyzed within the following guidelines: framework for risk financing; criteria for risk financing technique selection; insurance as a risk financing technique; financing property, net income, liability and personnel losses; accounting and some income tax aspects of accidental losses; implementing risk retention available options, including use of affiliated insurers; insurance pricing, selection of insurers and their representatives; risk cost allocation.

    Terms: This course is not scheduled for the 2019-2020 academic year.

    Instructors: There are no professors associated with this course for the 2019-2020 academic year.

School of Continuing Studies—2019-2020 (last updated Apr. 23, 2019) (disclaimer)