Toronto MBA with CFA® Track Option course descriptions

Part-Time Weekend Program Format

 

Spring, Fall, Winter, Spring (Terms 1, 2, 3, 4)

Course Number Course Title Integrated Core Course Descriptions
BU601 Strategic Management An examination of the key processes involved in managing the total enterprise from the point of view of the general manager. These include strategy formulation, implementation and change. The course seeks both to integrate material from other more specialized required courses and to familiarize students with the basic concepts, theories, tools and methods in the field of strategic management.
BU602 Marketing An overview of marketing management with an emphasis on understanding and applying theories and concepts in marketing. An analytical foundation for creating, communicating and implementing integrated marketing plans is developed and reinforced through application. The course also introduces the unique contexts of marketing and illustrates the need to integrate marketing with the other functional areas of business.
BU603 Financial Management An introduction to the fundamentals of corporate finance, including securities valuation and interest rates, risk and return trade-off involved in corporate investments decisions, capital budgeting and sources of long-term financing, capital structure decisions and how they affect corporate value, dividend policy and corporate restructuring, and sources of short-term financing and working capital management.
BU604 Organizational Behaviour An introduction to the human side of managing organizations in today’s environment, including links between the organization’s strategy, its human resources, the internal systems and processes, and the outcomes achieved. Creating, managing and responding to change is a major focus.
BU605 Operations Management An overview of important concepts and methods used in managing business operations. Topics include: product and process design, facility location and layout, capacity planning, quality assurance, materials management and scheduling. Essential ideas and techniques from probability, statistics, management science and information systems are also covered.
BU606 Economics An introduction to the principles of resource allocation, and to the tools necessary to look at the economy as part of the environment in which business decisions are made. Topics include an examination of micro and macro policies, including the impact of taxation, monetary policy, regulation, interest rates and exchange values on business in general as well as on the individual firm.
BU607 Accounting An introduction to the fundamental accounting skills required by managers, including the analysis of financial statements, the use of accounting information in both short-run and long-run decisions, and an understanding of the impact of management control systems on the organization.
BU609 Business Analytics The course introduces systematic approaches to management decision making under conditions of certainty and uncertainty. Applications of all approaches to functional areas of business will be considered through the use of case studies and computer software.

 

Fall (Term 5)- CFA® Track 1

Course Number Course Title Course Description of Required Courses
BU673 Investment Management This course covers the theory and practice of security analysis and portfolio management using simulated trading. Coverage includes investment taxes, mutual fund management and equity and bond market analysis. Technical and fundamental analyses are also covered.
Prerequisites: BU603; this prerequisite waived for MFin students
BU707 Accounting in the US Environment The course provides detailed analysis of US accounting fundamentals. The focus of the course is on conceptual framework, measurement and recognition of transactions.
Exclusions: BU657

Note: Early registration for Level One CFA® exam

 

Winter (Term 6)- CFA® Track 1

Course Number Course Title Course Description of Required Courses
BU623 Derivatives & Financial Risk Management 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: BU603
BU713 Fixed Income Analysis The fixed income course covers the analysis of all fixed income securities including bonds, money market instruments, and mortgage-backed and asset-backed securities. Risk and return relationship of fixed income securities as well as the yield curve and interest rate risk management will be covered. The course will extend the analysis to cover the tools and techniques such as duration and convexity which are used to manage bond portfolio.
Prerequisites: BU603; this prerequisite waived for MFin students.

Note: Not-for-Profit Practicum
 

Spring (Term 7)- CFA® Track 1

Course Number Course Title Course Description of Required Courses
BU610* Applied Business Research (CFA® Track 1 Integrative Course) This course is designed to expose students to advanced management topics and issues in an integrated manner, and is team taught. A field study portion challenges students to develop their research and implementation skills through an applied business research project, and a not-for-profit organization practicum component. The project reports are submitted and presented to a panel of faculty.
Prerequisites: BU601, BU602, BU603, BU604, BU605, BU606, BU607, BU609
Exclusions: BU608
BU683 Investment Ethics and Professional Standards This course covers the code of ethics and professional standards. Details of ethical issues in the financial analyst profession as well as the responsibilities of the analyst to the employer, the investing public and clients will be covered. Case discussions will be used to illustrate specific topics dealing with insider trading, fiduciary duty and soft dollar standards. These topics should be expanded to cover corporate disclosure requirements and ethical issues in personal investing.
Prerequisites: BU673; registration in the MBA with CFA® option

Note: Students write their Level One CFA® exam here

 

Fall (Term 8)- CFA® Track 2

Course Number Course Title Course Description of Required Courses
BU693z Economics & Quantitative Methods
BU723 Advanced Investment Management The course covers advanced investment management topics in portfolio management and alternative investment assets. In the portfolio management topics, advanced topics including Roll’s critique, empirical tests of the capital asset pricing model, investment strategies and asset allocation as well as endowment portfolios, pension funds and tax-deferred investment products will be discussed. In the alternative investments, the topics will include commercial and multi-family real estate investments, mortgages, and real estate investment trusts (REITS). Where possible, investment cases will be used to illustrate the application of some of the concepts to portfolio management.
Prerequisites: BU673

Note: Early registration for Level Two CFA® exam

 

Winter (Term 9)- CFA® Track 2

Course Number Course Title Course Description of Required Courses
BU663 Advanced Corporate Finance This is a course in advanced corporate finance dealing with corporate valuation methods and applications to key corporate finance decisions. It covers the traditional valuation methods (i.e., discounted cash flow and relative valuation methods), as well as the contingent claims valuation approach (i.e., options theory based valuation). The applications of the traditional valuation methods to value-based management (i.e., mergers and acquisitions and corporate restructuring and capital structure choices) and of options theory to corporate finance will be emphasized.
Prerequisites: BU603; this prerequisite waived for MFin students
BU693x Equity Valuation Methods

 

Spring (Term 10)- CFA® Track 2

Course Number Course Title Course Description of Required Courses
BU610* Applied Business Research (CFA® Track 2 Integrative Course) This course is designed to expose students to advanced management topics and issues in an integrated manner, and is team taught. A field study portion challenges students to develop their research and implementation skills through an applied business research project, and a not-for-profit organization practicum component. The project reports are submitted and presented to a panel of faculty.
Prerequisites: BU601, BU602, BU603, BU604, BU605, BU606, BU607, BU609
Exclusions: BU608
BU693w CFA® Level Two Review

Note: Not-for-Profit Practicum is due. Students will complete an MBA with a Finance field and write their Level Two CFA® exam here.