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Program Requirements
**This program is currently not offered.**
The ƽÌØÎå²»ÖÐ MBA Japan program of the Desautels Faculty of Management of ƽÌØÎå²»ÖÐ is the leading MBA program in Japan, and one of the leading weekend programs in Asia. Designed for working people with several years of experience, the ƽÌØÎå²»ÖÐ MBA Japan program allows you to complete a Master of Business Administration program on weekends, without leaving employment.
Based on ƽÌØÎå²»ÖÐ’s world-leading Integrative MBA Curriculum, the MBA Japan program allows you to complete a full MBA by studying two weekends per month in as little as 20 months. Taught by world-leading professors from ƽÌØÎå²»ÖÐ’s home campus, the MBA Japan attracts highly qualified students from Japan and around the globe.
The Finance Concentration focuses on how firms raise capital and on the optimal allocation of capital for investments. This concentration prepares students for careers in corporate treasury functions, asset management, and investment banking.
Required Core Courses (21 credits)
All M.B.A. students must complete the following core courses:
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MGCR 629 Global Leadership (1 credit)
Overview
Management Core : An introduction to the leadership challenges of the 21st century in a rapidly changing global environment at the intersection of business and society.
Terms: Fall 2019, Winter 2020
Instructors: Mantere, Saku (Fall)
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MGCR 650 Business Tools (2 credits)
Overview
Management Core : An introduction to the practical usage of standard business tools and frameworks.
Terms: Fall 2019
Instructors: Gumus, Mehmet; Levy, Philippe (Fall)
Intensive course: 13 hours per week for 2 weeks, for a total of 26 contact hours.
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MGCR 651 Managing Resources (4 credits)
Overview
Management Core : An introduction to the challenges of acquiring and developing various resources in the firm, including financial capital, human talent, and information technology.
Terms: Fall 2019, Summer 2020
Instructors: Croitoru, Benjamin; Lapointe, Liette; Ferguson, John-Paul; Teimourzadeh, Aria; Westgate, Chantal (Fall) Lapointe, Liette; Croitoru, Benjamin; Hewlin, Patricia (Summer)
Prerequisite: MGCR 650
Intensive course: 7.5 hours per week, over 7 weeks for a total of 52 contact hours
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MGCR 652 Value Creation (4 credits)
Overview
Management Core : Offers a comprehensive overview of the value creation process in business sectors by exploring the inter-relationships among the partners in the value chain.
Terms: Fall 2019, Winter 2020
Instructors: Lapointe, Liette; Madan, Sujata; Vakratsas, Demetrios; Gumus, Mehmet; Teimourzadeh, Aria (Fall) Gumus, Mehmet; Dracopoulos, George; Madan, Sujata; Teimourzadeh, Aria (Winter)
Prerequisite: MGCR 650.
Intensive course: 7.5 hours per week, over 7 weeks for a total of 52 contact hours.
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MGCR 653 Markets and Globalization (4 credits)
Overview
Management Core : A review of macro-environment in which firms compete, and the linkages which exist between the domestic and global economies. Topics such as trade, fiscal and monetary policy, interest rates, exchange rates, and balance of payments will be covered.
Terms: Fall 2019, Winter 2020
Instructors: Phelps, Corey; Carrieri, Francesca; Vakratsas, Demetrios; Melville, Donald (Fall) Phelps, Corey; Matziorinis, Nicholas; Mackalski, Robert (Winter)
Intensive course: 13 hours per week over 4 weeks for a total of 52 contact hours.
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MGCR 660 International Study Trip (6 credits)
Overview
Management Core : This course aims to provide students a comprehensive understanding of the process of internationalization as well as managing an enterprise/organization in an international setting. Students will participate in an organized study trip outside of Canada, to a city with significant international business.
Terms: Winter 2020
Instructors: Jaeger, Alfred M; Ferguson, John-Paul (Winter)
Required Concentration Courses (6 credits)
Students choosing the Finance concentration must complete these required courses:
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FINE 622 Modern Corporate Finance (3 credits)
Overview
Finance : Foundations of modern corporate finance theory. Key topics: Capital structure in a perfect market as well as imperfections arising from debt and taxes, and bankruptcy costs. Dividend and payout policy. Capital budgeting and valuation with leverage. Corporate governance. Corporate risk management.
Terms: Fall 2019, Winter 2020
Instructors: Madan, Sujata (Fall) Madan, Sujata (Winter)
Prerequisite: MGCR-651 Managing Resources.
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FINE 646 Investments and Portfolio Management (3 credits)
Overview
Finance : The prime objective is to provide the student with a rational framework for investment. The portfolio and capital market theory of FINE 650 is extended and the empirical evidence supporting these and competing hypotheses is investigated for both individual securities and portfolios.
Terms: Fall 2019, Winter 2020
Instructors: Betermier, Sebastien (Fall) Betermier, Sebastien (Winter)
Prerequisite: MGCR 651
Complementary Courses (30 credits)
9 credits selected from the following courses toward the concentration:
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ACCT 618 Financial Reporting: Structure & Analysis (3 credits)
Overview
Accounting : An in-depth analysis of corporate financial reporting principles and practices, with emphasis on developing the abilities of the student to discriminate between the form and substance of corporate financial reports. Analysis of all components of the financial statements with the effect of reference to alternative practices on financial reports.
Terms: Winter 2020, Summer 2020
Instructors: Wenzel, Brian (Winter) Wenzel, Brian (Summer)
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FINE 541 Applied Investments (3 credits)
Overview
Finance : Students are exposed to practical aspects of managing investment portfolios. A principal activity of students is participation in the management of a substantial investment fund.
Terms: Winter 2020, Fall 2019
Instructors: Barras, Laurent; Betermier, Sebastien (Winter) Barras, Laurent; Betermier, Sebastien (Fall)
Prerequisite (Undergraduate): FINE 441. Limited enrolment. Prerequisite (Graduate): Permission of the instructor.
Restriction: Open to U2 students only
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FINE 620 Corporate Mergers (3 credits)
Overview
Finance : This course deals with the rationale, structuring, shareholder value creation, financial implications and management of corporate joint ventures, alliances, mergers and acquisitions, including discussion of the external and internal reasons for these alliances and combinations and the steps taken to create structure and value and then to manage their implementation.
Terms: Winter 2020
Instructors: Schumacher, David (Winter)
Prerequisite: FINE-622.
Restriction: MBA students only.
Note: This course requires advance preparation based on each new case study presented each week.
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FINE 630 Fixed Income Markets (3 credits)
Overview
Finance : Fixed income securities and their uses for financial engineering as well as risk management at both the trading desk and the aggregate firm level. This will involve a treatment of basic fixed income mathematics, risk management concepts, term structure modelling, derivatives valuation theory and credit risk analysis.
Terms: This course is not scheduled for the 2019-2020 academic year.
Instructors: There are no professors associated with this course for the 2019-2020 academic year.
Prerequisite: FINE 646.
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FINE 635 Financial Risk Management (3 credits)
Overview
Finance : Latest techniques of market risk management including volatility and correlational modelling, extreme value theory, Monte Carlo simulation, historical simulation and filtered historical simulation. Option pricing with time varying volatility and option risk management. Backtesting and Stress testing.
Terms: This course is not scheduled for the 2019-2020 academic year.
Instructors: There are no professors associated with this course for the 2019-2020 academic year.
Prerequisite: FINE 646.
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FINE 639 Derivatives and Risk Management (3 credits)
Overview
Finance : This course studies the field of investments related to options and futures. The course will concentrate on trading strategies and analytical models for valuing options and futures contacts.
Terms: Fall 2019
Instructors: Augustin, Patrick (Fall)
Prerequisite: MGCR-651.
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FINE 645 Money and Capital Markets (3 credits)
Overview
Finance : Demand for and supply of money and other financial instruments by and to banks and near banks. Simple analytical models integrating the Canadian Institutional aspects. The role of the banking sector in the money creation process. International aspects of monetary policy.
Terms: This course is not scheduled for the 2019-2020 academic year.
Instructors: There are no professors associated with this course for the 2019-2020 academic year.
Prerequisite: MGCR-651.
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FINE 648 Applied Corporate Finance (3 credits)
Overview
Finance : Concepts and techniques developed in earlier courses are extended and/or applied to problems faced by managers in Corporate Finance. Such problems include: working capital management, capital budgeting, capital structure, dividend policy, cost of capital and mergers and acquisitions. Stresses the application of theory and techniques and extensive use is made of case studies.
Terms: Fall 2019
Instructors: Hammami, Larbi (Fall)
Prerequisite: FINE-622 Modern Corporate Finance.
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FINE 660 Global Investment Management (3 credits)
Overview
Finance : Primary focus will be on global investments. The course will deal with the theoretical foundations of modern international portfolio theory and empirical evidence in a real world setting. It will span the developed markets of Europe and Japan, NICS of the Pacific rim and emerging markets. The primary objective is to prepare a new generation of managers who can operate effectively in the new global investment environment.
Terms: This course is not scheduled for the 2019-2020 academic year.
Instructors: There are no professors associated with this course for the 2019-2020 academic year.
Prerequisite: FINE 646 - Investments and Portfolio Management.
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FINE 665 Investment Strategies and Behavioural Finance (3 credits)
Overview
Finance : To gain understanding of the interrelation between fundamental and behavioural approaches in exploring financial market dynamics, investment strategies and performance.
Terms: This course is not scheduled for the 2019-2020 academic year.
Instructors: There are no professors associated with this course for the 2019-2020 academic year.
Prerequisite: FINE 646 - Investments and Portfolio Management.
Restriction: M.B.A. students only.
Note: This course requires usage of various financial databases.
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FINE 690 Advanced Topics in Finance 1 (3 credits)
Overview
Finance : Review of current topics in finance.
Terms: Fall 2019, Winter 2020, Summer 2020
Instructors: Ericsson, Jan Edvard (Fall) Betermier, Sebastien; Madan, Sujata; Ericsson, Jan Edvard (Winter) Goyenko, Ruslan (Summer)
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FINE 693 Global Capital Markets (3 credits)
Overview
Finance : The international financial environment as it affects the multinational manager. In-depth study of the various balance of payments concepts, adjustment of the external balance, and the international monetary system will be followed by a review of theory and institutional aspects of the foreign exchange and the international (Eurodollar) markets.
Terms: Fall 2019
Instructors: Abramson, David Lloyd (Fall)
Prerequisite: MGCR-651 Managing Resources.
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FINE 694 International Corporate Finance (3 credits)
Overview
Finance : Focus on the operational problems of financial management in the multinational enterprise: financing of international trade, determining the firm's exposure to foreign exchange rate changes, protection against exchange losses, international capital budgeting, multinational cost of capital, working capital management and international portfolio diversification.
Terms: This course is not scheduled for the 2019-2020 academic year.
Instructors: There are no professors associated with this course for the 2019-2020 academic year.
The remaining 15 credits of courses are chosen from 500- and 600-level courses offered by the Faculty.
6 credits from the following:
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BUSA 650 Internship (6 credits)
Overview
Business Admin : An on-the-job experience in a corporation or organization supervised by an academic faculty member.
Terms: Fall 2019, Winter 2020, Summer 2020
Instructors: Jaeger, Alfred M (Fall) Ferguson, John-Paul; Jaeger, Alfred M (Winter) Ferguson, John-Paul (Summer)
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BUSA 651 Practicum (6 credits)
Overview
Business Admin : A practical project which provides an opportunity to explore and recommend solutions to a business issue within a corporation or organization.
Terms: Fall 2019, Winter 2020, Summer 2020
Instructors: Jaeger, Alfred M; Madan, Sujata (Fall) Jaeger, Alfred M; Madan, Sujata (Winter) Madan, Sujata; Jaeger, Alfred M (Summer)