FIN 418 - Fixed Income

★ 3 (fi 6)(EITHER, 3-0-0)

The valuation and management of interest-rate contracts. The main focus is on the behaviour of bond portfolios and related risk-management techniques. The institutional features of North American fixed-income markets complete the course. Prerequisites: FIN 301, 412.

FIN 488 - Selected Topics in Finance

★ 3 (fi 6)(EITHER, 3-0-0)

Normally restricted to third- and fourth-year Business students. Prerequisites: FIN 301 or consent of Department. Additional prerequisites may be required.

FIN 818 - Fixed Income

★ 3 (fi 6)(EITHER, 3-0-0)

This course covers markets for interest rate-paying securities. The valuation of such securities will be covered, as will tools and techniques for the management of interest rate risk. This will include a discussion of the pricing and uses of various interest rate derivative securities, such as swaps, options on swaps (swaptions), futures, and forward rate agreements. Further, aspects of the underwriting process, of interest to potential issuers of such securities, will be discussed. Restricted to students registered in the MFM Program.

FIN 625 - Finance in Professional Accounting

★ 4.5 (fi 9)(EITHER, 4.5-0-0)

Intended for students pursuing the CPA designation, this course looks at derivatives, hedging, risk management, financial statement analysis and valuation. Open to students enrolled in the MAcc program only.

FIN 818 - Fixed Income

★ 3 (fi 6)(EITHER, 3-0-0)

This course covers markets for interest rate-paying securities. The valuation of such securities will be covered, as will tools and techniques for the management of interest rate risk. This will include a discussion of the pricing and uses of various interest rate derivative securities, such as swaps, options on swaps (swaptions), futures, and forward rate agreements. Further, aspects of the underwriting process, of interest to potential issuers of such securities, will be discussed. Restricted to students registered in the MFM Program.