MS Finance Handbooks

2017-2018

The information below is for those students entering the program in Fall 2017.

Financial Risk Management Track

First Semester Second Semester Third Semester Electives Prerequisites

Electives

You must take at least two STEM electives out of the four electives in the financial risk management (FRM) track.

STEM Electives

MGF 637LEC Financial Modeling

In this course, students will use financial econometric models to analyze problems of model specification, estimation, analysis and forecasting commonly faced by analysts in financial markets. The course materials cover the measurement and estimation of asset returns, earnings, macroeconomic data, risk and related applications in financial data analysis and visualization. Topics include regression analysis of time series/ARIMA models, multiple regression specifications and models of asset volatility including ARCH and GARCH. Throughout the course, students will use the statistical functions of the R programming language to analyze, model and forecast a variety of financial data.

Credits: 3.00
Semesters offered: Fall 2020 | Spring 2020


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
12079 F1F LEC MW 12:40 - 2 p.m. Remote Laing, Scott

Spring 2020 (01/27/2020 - 05/09/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
11373 S1F LEC MW 9:30 - 10:50 a.m. Remote Laing, Scott

MGF 639SEM Security Trading

Credits: 3.00
Semesters offered: Fall 2020
Pre-Requisite: MGF 611 or MGF 631 (or equivalent)


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
19066 F1F SEM TR 3:55 - 5:10 p.m. Remote Lee, Albert

MGF 690SEM Special Topics in Finance

Credits: variable
Semesters offered:


Non-STEM Electives

MGA 604LEC Fin Analysis & Reporting

This course provides an introduction to the fundamental concepts and issues of financial accounting with emphasis on the interpretation of financial statements. The course addresses the economic consequences of transactions and their presentation on corporate financial statements. A primary objective is to introduce corporate financial statements as a tool for company valuation and decision making. Emphasis is on the analysis of effects of decisions on financial performance and use of financial statements to evaluate organizations.

Credits: 3.00
Semesters offered:


MGA 632LEC Fin Statement Analysis

Development of a framework for the analysis of financial statements: study of the firm's competitive environment and business strategy, critical review of accounting quality, assessment of financial condition, and evaluation of future prospects. Methods for translating forecasts into firm value estimates are studied, as well as the use of the analysis framework in making specific business decisions, such as investing in equity securities and evaluating firms' creditworthiness.

Credits: 3.00
Semesters offered: Spring 2020


Spring 2020 (01/27/2020 - 05/09/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
11347 S1A LEC TR 8 - 9:20 a.m. Remote Kross, William

MGE 602LEC Global Economics

This purpose of this course is to provide business students with six core abilities in macro/global economics: to understand the historical debate between government's role and free enterprise in the economy; to understand the components of the aggregate demand for goods and services; to be able to predict the effects of monetary policy on interest rates, prices, and national income; to understand the benefits of long term supply side changes and the policies that affect supply-side economics, to understand the impact of international trade and financial investment flows on interest rates, exchange rates and national income; and to be able to predict how various economic policies affect the long term growth potential of both developed and emerging markets.

Credits: 3.00
Semesters offered: Spring 2020


Spring 2020 (01/27/2020 - 05/09/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
17881 S1E LEC MW 2 - 3:20 p.m. Remote Ehrlich, Isaac

MGF 632SEM Corporate Governance & Finance

Credits: 3.00
Semesters offered:
Pre-Requisite: MGF 611 or MGF 631 (or equivalent)


MGF 646SEM Institutional Investing

The seminar focuses on investment policy and portfolio management of tax-exempt institutional funds, with an emphasis on endowments. The class will discuss asset allocation, risk, the role of active management, incentive structures, governance, and manager selection and evaluation.

Credits: 3.00
Semesters offered:
Pre-Requisite: MGF 611 or MGF 631 or equivalent or


MGF 657LEC Financial Innovation

This course introduces students to financial innovations and new products in the financial system. The course provides a general understanding of the financial evolution process, the causes and consequences of financial innovations, and the cost and value of these innovations. The course covers such topics as theory of financial innovation, the financial engineering process, birth and growth of new financial products, financial innovations and new debt, equity and derivative products, and the role of financial instruments in financial, investment and ristk management. The course emphasizes the motivations of financial innovation and methods to design financial instruments to solve complex financial problems and enhance investment returns.

Credits: 3.00
Semesters offered: Fall 2020


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
12116 F1F LEC MW 10:20 - 11:40 a.m. Remote Wu, Chunchi

MGF 675LEC Multinational Banking and Finance

This course provides an in-depth study of practical applications and current issues faced by internationally active, large and complex banking organizations within the financial markets. In the first segment we will learn financial concepts such as ratio analysis, cash flow determination, and understand how Banks assess the relative risk of a corporation within the financial markets. We will then apply risk model using live case studies to assess the corporation's default risk. In the second segment we will focus on international trade finance and foreign exchange and how Banks assist corporations in hedging foreign exchange transactions. Working on case studies, students will learn international arbitrage, derivation of the International Fisher Effect, and understand and apply using practical applications currency futures, forwards and options in the international foreign exchange markets.

Credits: 3.00
Semesters offered: Fall 2020


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
18454 F1F LEC F 1:50 - 4:30 p.m. Baldy 101 Suchak, Sudhir D.

One other graduate course may be approved by the program director as an elective.

Note: Not all electives are offered every semester.

Quantitative Finance Track

First Semester Second Semester Third Semester Electives Prerequisites

MGA 604LEC Fin Analysis & Reporting

This course provides an introduction to the fundamental concepts and issues of financial accounting with emphasis on the interpretation of financial statements. The course addresses the economic consequences of transactions and their presentation on corporate financial statements. A primary objective is to introduce corporate financial statements as a tool for company valuation and decision making. Emphasis is on the analysis of effects of decisions on financial performance and use of financial statements to evaluate organizations.

Credits: 3.00
Semesters offered:


MGA 632LEC Fin Statement Analysis

Development of a framework for the analysis of financial statements: study of the firm's competitive environment and business strategy, critical review of accounting quality, assessment of financial condition, and evaluation of future prospects. Methods for translating forecasts into firm value estimates are studied, as well as the use of the analysis framework in making specific business decisions, such as investing in equity securities and evaluating firms' creditworthiness.

Credits: 3.00
Semesters offered: Spring 2020


Spring 2020 (01/27/2020 - 05/09/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
11347 S1A LEC TR 8 - 9:20 a.m. Remote Kross, William

MGE 602LEC Global Economics

This purpose of this course is to provide business students with six core abilities in macro/global economics: to understand the historical debate between government's role and free enterprise in the economy; to understand the components of the aggregate demand for goods and services; to be able to predict the effects of monetary policy on interest rates, prices, and national income; to understand the benefits of long term supply side changes and the policies that affect supply-side economics, to understand the impact of international trade and financial investment flows on interest rates, exchange rates and national income; and to be able to predict how various economic policies affect the long term growth potential of both developed and emerging markets.

Credits: 3.00
Semesters offered: Spring 2020


Spring 2020 (01/27/2020 - 05/09/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
17881 S1E LEC MW 2 - 3:20 p.m. Remote Ehrlich, Isaac

MGF 632SEM Corporate Governance & Finance

Credits: 3.00
Semesters offered:
Pre-Requisite: MGF 611 or MGF 631 (or equivalent)


MGF 639SEM Security Trading

Credits: 3.00
Semesters offered: Fall 2020
Pre-Requisite: MGF 611 or MGF 631 (or equivalent)


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
19066 F1F SEM TR 3:55 - 5:10 p.m. Remote Lee, Albert

MGF 641LEC Financial Policies and Strategies

This course provides an in-depth treatment of corporate finance concepts for all finance majors, with the purpose of furthering students' understanding of major corporate financial policies and decisions. These decisions include choosing between competing investment opportunities, measuring risk and return, how to value a business, how much debt to issue, how much equity to issue, what level of dividend to payout, and incentive structure for managers, and so on. The course starts with a discussion on corporate financial goals and corporate governance issues. It then proceeds to cover topics that center on corporate investment decisions, corporate valuation, and capital structure issues.

Credits: 3.00
Semesters offered: Fall 2020 | Spring 2020


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
11863 F1F LEC TR 2:20 - 3:35 p.m. Capen 240 Labert, Thomas A

Spring 2020 (01/27/2020 - 05/09/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
11384 S1F LEC W 6:30 - 9:10 p.m. Remote Dunbar, John Francis

Note: MGF 641 counts towards finance concentration, not IA concentration.

MGF 646SEM Institutional Investing

The seminar focuses on investment policy and portfolio management of tax-exempt institutional funds, with an emphasis on endowments. The class will discuss asset allocation, risk, the role of active management, incentive structures, governance, and manager selection and evaluation.

Credits: 3.00
Semesters offered:
Pre-Requisite: MGF 611 or MGF 631 or equivalent or


MGF 657LEC Financial Innovation

This course introduces students to financial innovations and new products in the financial system. The course provides a general understanding of the financial evolution process, the causes and consequences of financial innovations, and the cost and value of these innovations. The course covers such topics as theory of financial innovation, the financial engineering process, birth and growth of new financial products, financial innovations and new debt, equity and derivative products, and the role of financial instruments in financial, investment and ristk management. The course emphasizes the motivations of financial innovation and methods to design financial instruments to solve complex financial problems and enhance investment returns.

Credits: 3.00
Semesters offered: Fall 2020


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
12116 F1F LEC MW 10:20 - 11:40 a.m. Remote Wu, Chunchi

MGF 661LEC Mgmt of Fin Institutions

The financial services industry is very dynamic and continues to undergo dramatic changes. Many forces contribute to the changes including interest rates, overall market and credit factors, consolidation within the industry, and regulations. From this perspective, the course explores the basic management problems in the credit, investment, and financing administration functions of financial institutions, including commercial banks in the United States and abroad.

Credits: 3.00
Semesters offered: Fall 2020
Pre-Requisite: MGF 631 Or MGQ 606.


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
12144 F2F LEC MW 4 - 5:20 p.m. Baldy 101 Suchak, Sudhir D.

MGF 675LEC Multinational Banking and Finance

This course provides an in-depth study of practical applications and current issues faced by internationally active, large and complex banking organizations within the financial markets. In the first segment we will learn financial concepts such as ratio analysis, cash flow determination, and understand how Banks assess the relative risk of a corporation within the financial markets. We will then apply risk model using live case studies to assess the corporation's default risk. In the second segment we will focus on international trade finance and foreign exchange and how Banks assist corporations in hedging foreign exchange transactions. Working on case studies, students will learn international arbitrage, derivation of the International Fisher Effect, and understand and apply using practical applications currency futures, forwards and options in the international foreign exchange markets.

Credits: 3.00
Semesters offered: Fall 2020


Fall 2020 (08/31/2020 - 12/11/2020)

Reg. Num. Section Type Topic Days Time Location Instructor
18454 F1F LEC F 1:50 - 4:30 p.m. Baldy 101 Suchak, Sudhir D.

MGF 690SEM Special Topics in Finance

Credits: variable
Semesters offered:


An alternative graduate course may be approved by the program director as an elective

Note: Not all electives are offered every semester.