Finance Courses
Prerequisites are in place to help students succeed in their Business classes. If prerequisites are not met, special permission will very rarely be granted to take a Business course.
* NOTE: a course marked with an asterisk (*) indicates it is a required core curriculum course needed to qualify to write the Certified Financial Planner (CFP FPE-1) level 1 exam.
FINC 1220 Relationship Banking (3 credits)
This course is an introduction to the communication process as applied to relationship banking. The emphasis is on the development of techniques for dealing effectively with customers and co-workers. Many of the applications will be tailored to the financial services industry.
Prerequisite: None
Lecture: 3; Seminar: 1
Not currently offered
FINC 1230 Mathematics of Finance (3 credits)
This course will provide an understanding of time value of money and relevant business-related mathematical concepts. Topics covered include simple and compound interest, annuities, sinking funds, mortgages, bonds, business investment decisions, linear and non-linear and cost-volume-profit analysis.
Prerequisite: None
Lecture: 4
Not currently offered
FINC 1231 Commercial & Financial Mathematics (3 credits)
This course will provide an understanding of time value of money and its applications. Relevant mathematical concepts will be used to solve business problems. After a basic review of underlying mathematical and algebraic methodology, the course covers the mathematics of merchandising, linear break-even analysis, simple and compound interest, annuities, and amortization, sinking funds, bonds and investment decisions. The course will also introduce the student to basic statistics.
Prerequisites: Foundations of Math 11; or Pre-Calculus Math 11; or Principles of Math 11 or DVST 0410
Lecture: 3; Seminar: 1
Offered: Fall, Winter, Summer
FINC 2210 Financial Products and Services (3 credits)
This course provides an introduction to the wide range of common retail financial products and services offered by Canada's financial institutions. After a brief discussion of the evolution of money and the Canadian monetary system, the course covers a detailed review of those primary and supplemental deposit, credit and special products and services available to individuals and businesses through the financial institutions, supported by an integrative model approach for each.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: BUSN 1330 or FINC 1231
Lecture: 4
Offered: Fall
FINC 2255 Managerial Finance (3 credits)
This course is designed to provide business students with the tools necessary to understand and manage the basic finances of a firm. Students will analyze financial statements to assess the financial well-being of a firm. Short-term and long-term financial management issues will be covered, including: working capital management, the risk-return relationship, the time value of money, valuation of assets, capital budgeting and the cost of capital. Please note: To receive credit for FINC 2255 and FINC 2340, FINC 2255 must be taken first. Credit will not be granted for FINC 2255 if FINC 2340 has been completed.
Prerequisites: ACCT 1110 and BUSN 1330
Lecture: 3; Seminar: 1
Not currently offered
*FINC 2300 Introduction to Personal Finance (3 credits)
This course covers the fundamentals of the six-step financial planning process. Topics include net worth and cash flow management, as well as debt management and analysis, and calculation of mortgage financing options. Savings and investment products are covered as well as the essentials of RRSPs, TFSAs, government benefit programs and personal insurance. Taxation as it relates to long-term personal financial planning is covered at an introductory level. In addition, an overview of the products and services available to individuals and businesses through financial institutions is covered. This course is a Certified Financial Planner (CFP) qualifying course.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: (ACCT 1210 or ACCT 1235) and FINC 2210 or permission of instructor
Lecture: 2; Seminar: 2
Offered: Winter 2012 and thereafter in Fall
FINC 2310 Bank Systems and Practices (3 credits)
This course will cover the organizational, managerial and technological systems used by the banks in the business of meeting clients' financial needs.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 1220
Lecture: 2; Seminar: 2
Not currently offered
FINC 2320 Introduction to Canadian Financial System (3 credits)
Introduction to Canadian Financial System examines Canada's financial system from a managerial point of view at an introductory level. It explains the organization and the performance of the Canadian financial system by using a theory of the economics of financial transactions and of intermediation. It describes the way Canada's financial system works in reality and it explains how the major forces shaping the financial service industry are actually manifested.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: ECON 1101
Lecture: 2; Seminar: 2
Not currently offered
FINC 2340 Fundamentals of Financial Management (3 credits)
This course provides an introduction to the general theoretical and practical aspects of financial management as they apply to the profit-oriented business organization. Topics addressed include: a general introduction to finance, the financial environment, security valuation, cost of capital, valuing risky financial assets, capital budgeting, internal and external financing, working capital management, capital structure, interest and exchange rate analysis, corporate restructuring and financial planning.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: ACCT 1210 and (BUSN 1330 or FINC 1231) (CSIS 1110 is highly recommended).
Lecture: 4
Offered: Fall and Winter
FINC 2345 Introduction to Corporate Finance (3 credits)
This course provides an introduction to corporate finance. It is designed to provide students with a framework to analyze problems that may arise when making corporate investment and financing decisions. The major topics include time value of money, the types of securities generally used, an introduction to capital markets, capital budgeting, capital asset valuations and various types of corporate financing decisions. Canadian corporations operating in Asia will be used to demonstrate theory applications.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: ACCT 1235 or equivalent
Lecture: 4
Not currently offered
FINC 2350 Investment Funds in Canada (3 credits)
This course provides an introduction to understanding the regulatory environment in which mutual funds operate; specifically, the nature, type of mutual funds, financial analysis of varying product lines, differences in product attributes and taxation implications.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 2210 and (ACCT 1210 or ACCT 1235) and BUSN 1330 or FINC 1231
Lecture: 3 Seminar: 1
Not currently offered
FINC 2400 Introduction to Bank Financial Management (3 credits)
This course considers the various techniques of bank fund managements. Key topics include liquidity management, interest rate risk management, capital account management, credit risk management, cost management and bank profitability management. The techniques are introduced in each case as a basis for students to conduct simulation exercises using the Bankfim model to emulate real-world conditions.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: ECON 1101
Lecture: 3; Seminar: 1
Not currently offered
FINC 2410 Consumer Behaviour and Financial Needs (3 credits)
This course will cover the fundamentals of consumer behaviour that lead to market segmentation, the resulting consumption patterns and derived financial needs that are the basis for the formulation of standard solution sets. These standard solution sets will be the primary source of advice available to the contact professional to assist non-affluent clientele with their financial product and service decisions.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 2210 and FINC 2300
Not currently offered
FINC 2420 Integrative Seminar: Setting the Financial Scene (3 credits)
This seminar is designed to integrate all skills and knowledge previously acquired throughout the FSS Program; no new material will be taught. The scope of the seminar reflects the kind of customer relations and work situations the student would encounter in a retail financial services environment. An advanced fourth generation computer program (Probe/Ovation) will be used in a network environment in order to simulate real bank scenarios for customer interface and product sales.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: (BUSN 1330 or FINC 1231) and (ACCT 1210 or ACCT 1235) and ECON 1101 and FINC 1220 and FINC 2300 (CSIS 1110 highly recommended)
Lecture: 2; Seminar: 2
Not currently offered
FINC 3305 International Financial Management (3 credits)
This is an introductory course, covering a range of financial instruments, interest rate swaps, future contracts in foreign currencies, convertible currency bonds, operation of financial markets, integration and deregulation of global financial markets, the European monetary system, the role of central banks in world economies, globalization and the growth of derivatives, world trade and the currency crises. The balance of international transactions, the current and capital accounts, syndicated and credit arrangements of large global projects, interest parity, hedging, and dual currency bonds will also be covered.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: ECON 1250 and (FINC 2345 or FINC 2340)
Lecture: 4
Offered: Fall
*FINC 3350 Canadian Securities Course (3 credits)
This course is developed by the Canadian Securities Institute and provides the student with comprehensive knowledge of the overall organization and function of Canadian Securities markets. Major areas covered are capital markets, financing, listing and regulation, fixed income securities, equities, derivatives, analyzing markets and products, portfolio management and evaluation, mutual funds, managed accounts, hedge funds and financial planning and taxation. To obtain the CSC certificate, students will be required to complete a Canadian Securities Institute registration form and submit with payment to the CSI in order to be eligible to write Volume 1 and Volume 2 institute exams. This course is a Certified Financial Planner (CFP) qualifying course.
Prerequisites: (ACCT 1210 or ACCT 1235) and (FINC 2255 or FINC 2340)
Lecture: 3; Seminar: 1
Offered: Fall
FINC 3360 Case Studies in Financial Management (3 credits)
This is a case course where students apply financial theory to actual company situations. Cases will be concerned with the financing of current operations through efficient management of current assets and situations where long-term financing is appropriate.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 2345
Lecture: 4
Not currently offered
FINC 3370 Financial Intermediation and Capital Markets (3 credits)
Financial Intermediation and Capital Markets is a course which examines the role played by financial intermediaries in capital markets. The course also aims at developing an understanding of the major financial markets by examining their structure and functions within the financial system.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: (FINC 2345 or FINC 2340)
Lecture: 4
Offered: Winter
FINC 3380 Corporate Performance: Financial Statement Analysis (3 credits)
The course will introduce methodology and analytic techniques for both the financial dimensions of corporate management and the nature and functionality of financial statements. Case-by-case analysis will introduce issues of financial analysis, revenue recognition and risk analysis. Accounting analysis, GAAP-FASB principles of accounting treatment on business projects, the valuation of cash flow forecasts, earnings valuation, prospective analysis, credit and banking valuation, corporate financial policies for increased shareholder wealth, corporate takeovers and financial disclosure requirements will be explored.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 2345
Lecture: 4
Not currently offered
*FINC 3390 Security Analysis (3 credits)
This course focuses on the analysis of individual equity and fixed income investment securities using advanced theoretical, fundamental and technical techniques. This course is an alternative to FINC 3350 as one of the Certified Financial Planner (CFP) qualifying courses.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: (FINC 2345 or FINC 2340)
Lecture: 4
Offered: Winter
*FINC 4300 Professional Financial Management (3 credits)
The Professional Financial Management course gives the student a broad understanding of personal financial planning techniques and issues. The course covers topics in planning personal finances, managing personal credit and liquidity, tax planning, insuring oneself and one's resources, investing financial resources, and controlling one's financial future (retirement and estate planning). This course is a Certified Financial Planner (CFP) qualifying course.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: (FINC 3380 or FINC 3350 or FINC 3390)
Lecture: 3; Seminar: 1
Offered: Fall
*FINC 4340 Investment Management Techniques (3 credits)
This course will cover investments used to meet wealth accumulation objectives, the types of returns that can be earned from investments, the types of risk associated with each type of return, and the strategic investment planning process. The Efficient Markets Hypothesis (EMH) and the empirical evidence supporting its use is illustrated. Active and passive investment management strategies are demonstrated. The Canadian investment environment, securities markets and problems faced by investors are highlighted. The Portfolio Insurance techniques used by investment managers are covered. The emergence of derivative securities, such as options and future contracts are shown as investment strategies. This course is a Certified Financial Planner (CFP) qualifying course.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 2340
Lecture: 3; Seminar: 1
Offered: Winter
*FINC 4350 Wealth Management (3 credits)
This course helps the student learn advanced financial planning concepts and techniques and apply sophisticated solutions to deal with more complex wealth management issues. The student will gain insight into the needs and expectations of high net worth clients and will learn to use business planning tools to expand a wealth management practice. The student will develop an advanced understanding of the wealth management process, client relationships, portfolio management, financial planning, and practice management. This course is a Certified Financial Planner (CFP) qualifying course.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: (FINC 3380 or FINC 3350 or FINC 3390)
Lecture: 3 Hrs; Seminar: 1 Hr.
Offered: Winter
FINC 4360 Portfolio Management Techniques (3 credits)
This course covers portfolio analysis of a group of securities. The Mean Variance Portfolio Theory is introduced and its application in determining the properties of combinations (portfolios) of the individual assets, delineating the characteristics of portfolios that make them preferable to others. The composition of the preferred portfolios is determined and demonstrated Issues of investment analysis are covered. Performance evaluation of well-managed portfolios and their evaluation process is described. Models of equilibrium in the capital markets and the non-standard forms of capital asset pricing models are illustrated. The Arbitrage Pricing Model (APT) and its comparison to the Capital Asset Pricing Model (CAPM) are illustrated.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisite: FINC 2340 and (BUSN 2429 with a B- or BUSN 3431)
Lecture: 3; Seminar: 1
Offered: Winter
FINC 4405 Foreign Exchange Management (3 credits)
This course addresses the problems faced by small business firms in handling foreign exchange (FX) transactions. The first part of the course examines the working of FX markets and the settlement systems used by small companies. The second section of the course investigates how exchange rates are determined and if changes in the exchange rate can be predicted. The third part of the course studies why firms position against exchange risk and how to measure exposure to exchange rates. In the fourth section of the course, we examine the valuation of international products and the financial risk faced with delays in foreign exchange settlements.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: BUSN 3400 and BUSN 2403 and BUSN 3404 and FINC 3305 and FINC 2340
Lecture: 3; Seminar: 1
Not currently offered
FINC 4430 Risk Management and Insurance (3 credits)
Risk Management and Insurance is a course that explores the meaning, and management of risk. Different attitudes toward risk will be examined to develop the rationale for the demand and supply of insurance. Topics such as risk pooling, moral hazard, adverse selection and legal liability rules will be examined to further our understanding of institutional arrangements in insurance and risk markets.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 1230 and FINC 2345
Lecture: 4
Not currently offered
FINC 4440 Portfolio Management (3 credits)
This course will integrate concepts and theories studied to date and develop the foundations of portfolio management through the examination of a series of seminal papers. This will include papers by Markowitz, Sharpe, Merton, Modigliani and Miller, Evans and Archer to cite a few. Topics to be covered include efficient markets, systematic and unsystematic risk, diversification, the capital asset pricing model, portfolio selection, ETF's and mutual funds and risk management.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 3390
Lecture: 4
Not currently offered
FINC 4450 Derivatives and Specialized Products (3 credits)
Derivatives and Specialized Products is a course which will examine topics dealing with derivative securities. Derivative securities are often utilized in the management of interest rate, exchange rate, commodity price, and equity risks. To mitigate the risk inherent in an uncertain world, various derivative instruments are available. The types of derivative securities, their use in modern finance, and methods for pricing them will be the subject matter for this course.
To find out where this course transfers, check the BC Transfer Guide.
Prerequisites: FINC 3390
Lecture: 4
Not currently offered
FINC 4460 Stock Market Simulation (3 credits)
The objective of this course is to construct equity portfolios for Shanghai A and B Boards and actively assess the impact of various dynamic portfolio strategies in a simulated environment. The simulation will be competitive and integrate the application of all the portfolio theories previously covered in the Program. The competing teams will be required to examine macro-economic factors, term structure slope, and all the capital market theories into portfolio construction and management through monthly detailed portfolio performance reports.
Prerequisites: 4th year standing in Financial Markets and Investment Management Program
Lab: 3; Seminar: 1
Not currently offered