FNCE604 - Preparation Course for the Corporate Finance (FNCE 612) Placement Exam
This course is intended for those students wishing to prepare for the Placement Exam into FNCE612. The FNCE612 course will fullfill the core requirement in financial analysis in half a semester, instead of the usual full semester in the FNCE 611 course. Only the students with some prior knowledge of financial analysis (either by course work or by practical experience), or with some strong analytical backgrounds should consider taking this course and the Placement Exam. Together FNCE 604 and FNCE 612 form the foundation for subsequent courses in corporate finance, security analysis, investments, and speculative markets. Their purpose is to develop a framework for analyzing a firm's investment and financing decisions. FNCE 604 will provide an introduction to present value and capital budgeting techniques under certainty. The FNCE 612 course will start where FNCE 604 stops, and will cover capital budgeting techniqes under uncertainty, asset valuation, the operation and efficiency of capital markets, and the optimal capital structure of the firm
FNCE612 - Accelerated Corp Finance
This course is intended for students with prior knowledge of finance or with strong analytical backgrounds. Together with the pre-term preparation course (FNCE604), it forms the foundation for subsequent courses in corporate finance, corporate valuation, investments, and financial derivatives. Its purpose is to develop a framework for analyzing a firm's investment and financial decisions. This course will start where FNCE 604 ends. More precisely, it will provide an introduction to capital budgeting techniques under uncertainty, asset valuation, the operation and efficiency of capital markets, the optimal capital structure and dividend policy of the firm and options. In short, it will cover all the topics of a typical semester-long finance introduction class in six weeks. This course assumes that students are familiar with the material covered in FNCE 604. As a result, it is only available to those students who successfully passed the Finance Placement Exam at the end of the pre-term. This course is not suitable for students new to finance and with limited analytical backgrounds. This course is hard. The pace is fast and it requires a major investment of time and effort outside class.