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Wilfrid Laurier University School of Business & Economics
August 21, 2014
 
 
Canadian Excellence

Finance Courses



For additional course information and sample course outlines click here.

Course Number

Course Title

Description

Additional Course Information

BU223

Fundamentals of Finance

This course is designed to give non-business students an understanding of the fundamentals of finance. The course introduces students to the time value of money and its application to securities valuation in finance. Other topics covered include the risk and return trade off, basic capital budgeting, firm debt and dividend policies, financial ratios and external growth through mergers and acquisitions.

Prerequisites: BU111 and BU121, BU227, and BU205/EC205 or EC285 (or a program specific equivalent)

Exclusions: Honours BBA program, BU383

Notes: Exclusions do not constitute equivalency.

BU233

Personal Finance

This course is designed as an introductory study of the stock market and investing. The course emphasizes personal portfolio management to achieve a greater degree of sophistication, security and knowledge.

Exclusions: Honours BBA program

BU353

Introduction to Risk Management and Insurance

This course examines techniques and policies used by organizations and individuals for managing insurable risks within the Canadian market. In addition to addressing how to identify, evaluate and manage these risks, the course will also focus attention on the analysis of insurance markets and the incentives conveyed by these markets for managing risk.

Prerequisites: BU383

Exclusions: BU493p

BU383

Financial Management I

The role of the financial officer as a key member of management is the central thrust of this course. The course covers securities valuation, capital market theory, working capital management, financial statements analysis and projection techniques. The financial questions investigated concern the management and analysis of cash, accounts receivable, inventory and short intermediate term liabilities as well as analysis of profitability and risk. The method of instruction involves both lectures and cases.

Prerequisites: EC120, EC140, BU227 and one of the following courses: BU205/EC205, BU255/EC255, EC235 or EC285

Exclusions: MB307

Notes: It is recommended that students wishing to take senior Finance electives take EC250/EC290 and EC260/EC270 prior.

BU393

Financial Management II

The corporate financial manager's role in the firm as it relates to long-term issues in investing and financing is emphasized. Specific study is given to the theory and practice of capital budgeting, capital structure, dividend policy, cost of capital, valuations, mergers and acquisitions. A management emphasis is achieved through combined use of lecture and cases.

Prerequisites: BU383

BU400

Advanced Equity Analysis I

This course covers all aspects of equity analysis including industry analysis, financial statement forecasting, free cash valuation, relative valuation and spreadsheet modeling. Students take on the role of analyst.

Prerequisites: BU393

Notes: Enrollment limited with an application and interview process. Selection is competitive based on grades, aptitude and experience.

BU403

Entrepreneurial Finance

The primary focus of this course is on the financial challenges confronting small and medium sized businesses that are growing rapidly or aspire to rapid growth. In particular we will concentrate on (1) understanding the nature of the financing problems that confront these firms at critical junctures in their development, (2) becoming familiar with the many sources of funds for these firms with particular emphasis on angel investments, bank loans, institutional venture capital and public issue of equity (3) becoming familiar with the tax and regulatory environment within which such financing is obtained, and most importantly, (4) learning the key elements that enter into the structuring of the "deal" between demanders and suppliers of funds. A secondary focus of the course is on the special financing concerns related to management and ownership succession within family firms.

Prerequisites: BU383 and BU393

BU410

Advanced Equity Analysis II

This course covers all aspects of management of an equity portfolio, including identification of undervalued sectors and stocks, diversification, trade execution and performance measurement and reporting.

Prerequisites: BU400 or permission of the instructor

BU413

Personal Financial Planning and Management

This course is intended to provide students with the understanding of the professional and personal financial planning process. Following a life cycle approach, this course provides students with an in-depth understanding of the following key financial planning areas: the essentials of budgeting, savings and credit planning, taxation planning, risk management, investment planning, retirement planning and finally, estate planning. Students will be required to prepare a written personal financial plan which will be submitted near the end of the term.

Prerequisites: BU383 and BU 393

Exclusions: BU493f

BU416

International Finance and Accounting

This course will enhance your awareness of international business and the role which finance and accounting play in the outcomes achieved by the enterprise. Cultural awareness, organizational structures and forms, negotiations and international human resource management related matters will be addressed.

Prerequisites: BU393

BU419

Property and Liability Insurance Management

This course examines the structure of insurance markets and the management of insurance companies with an emphasis on property and liability insurers. The key operational functions of an insurer are discussed. Emphasis will be given to applications of economic and financial concepts to the solution of problems faced by insurers. The course will also examine the regulatory and legal framework in Canada and the effect of this structure on insurer operations.

Prerequisites: BU353 (may be taken as a co-requisite) or ACTSC 363 (UW) or permission of the instructor

Exclusions: BU493q

BU423

Options, Futures and Swaps

Futures, options and other derivative securities have become increasingly important in the world of financial management. This course investigates how these markets operate and the use of these instruments in corporate risk management.

Prerequisites: BU393

Exclusions: ACTSC 466 (UW)

BU429

Capital Market Issues in Property and Liability Insurance

This course provides an in-depth examination and analysis of management issues within the property and liability insurance industry. Topics to be covered include the convergence of the insurance and capital markets, underwriting problems, reinsurance, risk transfer and securitization of risk, catastrophe risk as an 'alternative investment', cost of capital, investment issues, impact of investment income on pricing and solvency issues.

Prerequisites: BU393

Exclusions: BU493r

BU433

Management of Financial Institutions

This course focuses on an understanding of the major financial institutions in Canada and the competitive and regulatory environment in which they operate. Emphasis will be placed on the practical implications of recent innovations in financial theory to the management of interest rates, liquidity and credit risk. The course will use current readings and cases to examine management decisions in financial institutions in Canada: chartered banks, insurance companies, trust and mortgage loan companies, investment banks, credit unions and pension funds.

Prerequisites: BU393

BU443

International Financial Management

This course looks at financial management considerations as they apply to the international environment. Working capital, investment and financing functions are considered in the relationship between domestic and foreign firms. Foreign currency exchange is a major topic.

Prerequisites: BU393

 BU449

 Fixed Income
 Analysis

 This course intends to provide an
 overview of fixed income assets,
 including an understanding of the risks
 and returns implicit in fixed income
 market and its instruments and
 an analytical framework to understand
 how various fixed income instruments
 are price. Students will acquire
 problem solving skills with applications
 to fixed income markets.
 Prerequisites: permission of
 the department

BU453

Working Capital Management

This course investigates the measurement and meaning of liquidity and working capital. The management techniques involved in the control of short-term assets and liabilities form the main focus of this course. The relationship between the short-term and long-term sources and uses of funds will also be studied.

Prerequisites: BU393

BU463

Advanced Corporate Finance

This course deals with corporate valuation methods and their applications to key corporate finance decisions. It covers the traditional valuation methods, as well as the contingent claims valuation approach. The applications of the traditional valuation methods to mergers and acquisitions, corporate restructuring and capital structure choices, and of options theory to corporate finance will be emphasized.

Prerequisites: BU393

BU473

Investment Management

An introduction to the theory and practice of security analysis and portfolio management. It provides for a broad understanding of security markets, with special emphasis on their information efficiency. Considerable attention is given to the analysis and valuation of bonds, common stock, options and futures. Other topics include portfolio theory, capital market theory and related empirical studies and portfolio performance evaluation.

Prerequisites: BU393 or permission of the instructor

BU483

Life and Health Insurance

This course covers life, health insurance and annuities. Industry regulation and trends, insurance products and pricing, investment portfolio management and the risk hedging of insurance companies will be the focus of the course. Government involvement in pensions and health insurance will also be discussed.

Prerequisites: BU393 or permission of the instructor