investment alternatives, targeting savings levels, insurance, retirement planning and relevant legislation. Prerequisites: AK/ADMS 3530 3.00; AK/ECON 1000 3.00, AK/ECON 1010 3.00.<br><br> Course credit exclusion: AK/ADMS 3130B 3.00 (prior to Fall/Winter 1997-1998). AK/ADMS 4501 3.00 Advanced Portfolio Management This course undertakes a rigorous study of the theory and empirical evidence relevant to professional portfolio management. Students learn tools which enable them to manage risks, allocate among asset classes, detect mispriced securities, and measure the performance of portfolio managers.<br><br> Prerequisites: AK/ADMS 3330 3.00; AK/ADMS 3531 3.00. Course credit exclusion: AK/ADMS 4500 3.00 (prior to Summer 2006). AK/ADMS 4502 3.00 Professional Investment Management Students learn the ethical standards expected of professional investment managers, including the CFA Code of Ethics.<br><br> Global investment performance standards and corporate governance are also taught in some depth. Prerequisites: AK/ADMS 4501 3.00. Course credit exclusion(s): None.<br><br> AK/ADMS 4503 3.00 Derivative Securities Explores the pricing and use of derivatives. Topics covered include options, forwards, futures, swaps, yield curve, analytics, forward rate agreements, swaps, other interest rate derivatives, value at risk, and other risk management metrics. Prerequisite: AK/ADMS 3530 3.00.<br><br> Corequisite: AK/ADMS 3531 3.00. Course credit exclusion: None. AK/ADMS 4504 3.00 Fixed Income Securities and Risk Management The objectives of this course are to describe important fixed income securities and markets and to explore key issues in risk management.<br><br> It develops tools for valuing and modeling the risk exposures of fixed Last update: April 25, 2006 2 income securities and their derivatives, with the ultimate goal of deploying these instruments in a corporate or financial risk management setting. Prerequisite: AK/ADMS 3530 3.00. Corequisite: AK/ADMS 4503 3.00.<br><br> Course credit exclusion(s): None. AK/ADMS 4505 3.00 Advanced Personal Finance Builds on the basic financial planning taught in AK/ADMS 3541 3.00 to develop more planning skills in the areas of pre- and post-retirement planning, estate planning, insurance and probabilistic financial planning. Students will work with complex integrated case studies.<br><br> Prerequisites: AK/ADMS 3520 3.00; AK/ADMS 3541 3.00. Course credit exclusion(s): None. AK/ADMS 4506 3.00 Professional Financial Planning Students learn how to plan professionally.<br><br> Topics include the client-professional relationship, information gathering, use of financial planning software, professional ethics and the Certified Financial Planner Code of Ethics. The student goes through the planning process with a family. If required, the course director will assist the student in finding a suitable family.<br><br> Prerequisite: AK/ADMS 4505 3.00. Course credit exclusion(s): None. AK/ADMS 4535 3.00 Financial Statement Analysis Designed to provide a comprehensive discussion of financial statement analysis and is keyed to level 1 of the Chartered Financial Analysis (CFA) Exam.<br><br> The course is organized into three parts: analysis and overview; accounting analysis; and financial analysis. Prerequisites: AK/ADMS 3585 3.00; AK/ADMS 3595 3.00. Course Credit Exclusion: AK/ADMS 3535 3.00 (prior to Summer 2006).<br><br> AK/ADMS 4536 3.00 Security Valuation Students will learn the theories, models and practice of valuing investments, primarily equity securities, with some attention paid to alternative investments. Prerequisite: AK/ADMS 4501 3.00. Course credit exclusion(s): None.<br><br> AK/ADMS 4540 3.00 Financial Management This course requires concepts developed in AK/ADMS 3530 3.00 and new issues are presented which affect financial managers. Topics will include market efficiency and portfolio theory basics which have important implications in financial management procedures and financial statement analysis. Prerequisites: 1) For students in an Honours program, 78 credits including AK/ADMS 3530 3.00 and six credits in management science, or 2) for other students, these above-listed courses and a grade of B or better in AK/ADMS 3530 3.00.<br><br> Course credit exclusion: None. AK/ADMS 4541 3.00 Advanced Corporate Finance Explores corporate financial decision making through case study analysis. Topics examined include short- term financial decision-making, long-term financing and financial innovation and strategic financial decisions.<br><br> Themes include valuation, financial analysis, risk management and integrated business decision-making. Prerequisite: AK/ADMS 4540 3.00. Course credit exclusion(s): None.<br><br> AK/ADMS 4542 3.00 International Financial Management Provides students with a framework for making corporate financial decisions in a global context. Topics include international monetary system, foreign exchange management and hedging techniques for different types of exposures, international parity relationships, and worldwide money, debt and equity markets. Prerequisite: AK/ADMS 3530 3.00.<br><br> Course credit exclusion(s): None. AK/ADMS 4580 3.00 Applied Studies in Finance Last update: April 25, 2006 3 The purpose of this course is to apply the material learned in other finance courses. This will be accomplished through case analyses and a major study of financing practices in a major sector of Canadian industry.<br><br> Emphasis will also be placed on integrating financial decision-making within a general management framework. Prerequisites: 1) For students in an Honours program, 78 credits including AK/ADMS 3530 3.00, or 2) for other students, a grade of B or better in AK/ADMS 3530 3.00. Course credit exclusion: None.<br><br> ADMS 4580 is not offered in 2006-07 Courses in Tax and Accounting required in some finance sequences These following courses are not finance courses, and do not count as part of the finance course requirement for the BAS Honours Finance. The two tax courses, 3520 and 4561, are required for certification to write the CFP examination. The two accounting courses, 3585 and 3595, are prerequisites for ADMS 4545.<br><br> During 2006-07 only, they will be treated as co-requisite for ADMS 4545 to allow students in mid-program to continue. AK/ADMS 3520 3.00 An Overview of Canadian Income Taxation An overview of the taxation of personal and corporate incomes of Canadian taxpayers, related tax planning and GST implications. NCR Note: No credit will be retained for this course for students who have successfully completed or who are enrolled in AK/ADMS 4561 3.00 or AK/ADMS 4562 3.00.<br><br> Course credit exclusions: AK/ADMS 3560 6.00 (prior to Summer 1988), AK/ADMS 3560 3.00 (prior to Summer 1990). AK/ADMS 3585 3.00 Intermediate Financial Accounting I This course, in conjunction with AK/ADMS 3595 3.00, develops thorough knowledge and understanding of generally accepted accounting principles and financial statement analytical skills by examining various technical areas of financial accounting. Prerequisite: AK/ADMS 2500 3.00.<br><br> Course credit exclusion: None. AK/ADMS 3595 3.00 Intermediate Financial Accounting II This course is a continuation of AK/ADMS 3585 3.00. It develops a thorough knowledge and understanding of generally accepted accounting principles and financial statement reporting practices in Canada.<br><br> Prerequisite: AK/ADMS 3585 3.00. Course credit exclusion: None. AK/ADMS 4561 3.00 Taxation Of Personal Income in Canada Together with AK/ADMS 4562 3.00, introduces students to the principles and practice of Canadian taxation and related tax planning.<br><br> Enables students to achieve a basic understanding of the Canadian Income Tax Act and its GST implications in relation to the individual. Prerequisites: 1) For students in an Honours program, 78 credits including AK/ADMS 3520 3.00; 2) or for other students, a grade of B or better in the above-listed course. Course credit exclusion: None<br><br>

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