Analysis of derivative instruments such as futures contracts, put and call options and swaps. Emphasis is placed on the valuation of these instruments as a foundation for valuing complex securities.
This is a capital markets course that describes important fixed income securities and markets. It will emphasize traditional bond and term structure concepts as well as current events and/or securities affecting the functioning of these markets.
Traditional business courses often deal with financially healthy firms. However, failure is an inevitable reality for many businesses. The problems currently being witnessed by the retail sector are a case in point. According to official Canadian government statistics, 3580 businesses filed for insolvency in 2018 alone, with more than a quarter of these businesses being from Ontario. This course aims to study the reasons why some firms find themselves in financial distress, alternative courses of action (including legal options) in response to financial distress, and the role of various stakeholders in the process.
This course represents a hands-on introduction to modern quantitative finance and risk-management models. The course will enable students to build computer algorithms tailored to financial problems. Emphasis is placed on high-frequency trading data, portfolio optimization and factor models for security pricing, machine learning and prediction, risk quantification and management, and option pricing algorithms.
This course studies risk management from a holistic perspective for various institutions (i.e. non-financial and financial). Various risk categories will be considered such as investment risk, financial risk, cyber risk, operational risk, market risk, energy risk, technology risk, etc. Cases, models, and frameworks will be integrated into the course. Depending on current market issues, the data and cases may cover various areas from energy (i.e. weather), sports, accounting, finance, government (public), arts/entertainment, health, technology, etc. Special topics may also be considered such as environmental, social, and corporate governance (ESG) issues.
Corporate financial fraud is an unfortunate reality in modern business environments worldwide. The complexity and sophistication of fraudulent schemes has evolved with the stringency of standards and regulations. Scandals such as Enron, Worldcom, and Wirecard, among others, have highlighted the need for prediction and timely detection of fraud before it leads to widespread adverse consequences. This course aims to study the qualitative and quantitative approaches that can be used to identify the precursors of corporate financial fraud. Students will analyze signals of fraud from a variety of sources such as financial statements, and the activity of market participants such as analysts and short-sellers. The course will also introduce students to the use of financial data analytics for prediction of fraud.
This course explores various digital marketing strategies in the context of online and mobile advertising platforms, and will provide a comprehensive understanding of both existing marketing strategies and emerging trends. Various domains will be covered in this course (search, display, mobile, social, etc.) to enable students to explore how emerging technologies are used to facilitate B2B and B2C transactions. This class will explore the strengths and weaknesses of different approaches to digital marketing while helping students develop a better understanding of various elements of marketing campaigns from formulation to integration and assessment.
Learn about the fastest growing sector of the economy and develop tools to analyze strategic problems within a business, and train rigorously, using theory and data, to think about new strategic opportunities for businesses in the digital age.
The emphasis in this course is on marketing decision making in a dynamic environment using behavioural economics and insights. The course focuses on the major decisions facing individuals in many different contexts in marketing, as well as economics, finance, and other areas of management. In turn, these insights help us to understand how managers can make more behaviourally informed decisions and create behaviourally informed organizations.
Marketing research is studied from the perspective of the marketing manager. The course focuses on the initiation, design, and interpretation of research as an aid to marketing decision making. Case studies and projects are used to provide students with some practical research experiences.
This course focuses on a specific theoretical or functional area of marketing. The area of concentration depends on the instructor. Examples of areas that may be covered include current issues in consumer behaviour, advertising, industrial marketing, or retailing. The contact hours for this course may vary in terms of contact type (L,S,T,P) from year to year, but will be between 24-36 contact hours in total. See the UTM Timetable.
This course reviews the science side of marketing by studying multiple models used by companies and consulting firms in the different steps of the marketing process. The marketing consulting approach provides a deeper understanding of the process that supports marketing management decisions. This is of benefit not only for students following a marketing consulting path, but also for students joining marketing departments of Canadian firms. To enhance the learning experience the course will be strongly based on software applications that offer hands on exposure to real life corporate applications.
Recent advances in computer technology have led to an explosion in the amount of data available for companies to use for market research. In order to be effective as a marketing manager today, it is necessary to understand how to apply cutting edge statistical models to large databases, such as scanner data, loyalty program data, or internet marketing data, and to be able to obtain managerial insights from model results. This course will introduce students to marketing analytics driven by big data, using applications from real world business problems.
This course provides an examination of the strategic function of branding within consumer and organizational contexts. Students will explore key concepts such as brand positioning, marketing communications, and the development, assessment, and oversight of brand value using consumer-oriented approaches. Students explore consumer perceptions, brand associations, and the role of branding in digital environments. Through coursework, students will develop the analytical capabilities required to design, implement, and evaluate effective branding strategies.
We negotiate every day - with potential employers, coworkers, roommates, landlords, parents, bosses, merchants, service providers, and even our friends and romantic partners. Negotiation is the art and science of securing agreements between two or more interdependent parties. It is a craft that must hold cooperation and competition in creative tension. It can be very difficult to do well. Even the most experienced negotiators often fall prey to common biases and errors in judgment. This course is highly experiential - students will practice, reflect, analyze, and practice again - and draws its insights from research in the cognitive, behavioral and social sciences.
Understanding the global context of organizations is essential to surviving the competitive business environment while creating value in a sustainable and responsible way. This course provides a broad overview of the global environment and introduce critical perspectives in international business, as well as the key management challenges of operating across nations and cultures. It will also consider ways in which management theories and practices should be adapted to transcend as well as be responsive to diverse business, social, and governmental settings. The course weaves together conceptual and practical considerations to create a balanced and exciting learning experience. It also includes an optional International Learning Experience component that involves travel to a country(s) outside of Canada to gain firsthand exposure to management practices in a different setting.
Through a part-time, unpaid, 100-hour work placement or "internship", students apply management skills and knowledge gained through previous course work. The internship will provide students with a valuable opportunity to make personal contacts in the public or private sector. The course is also intended to help students acquire practical skills that will serve them well in the workplace. An application is required.
Through a part-time, unpaid, 200-hour work placement or "internship", students apply management skills and knowledge gained through previous course work. The internship will provide students with a valuable opportunity to make personal contacts in the public or private sector. The course is also intended to help students acquire practical skills that will serve them well in the workplace. An application is required.
Focuses on developing an understanding of the fundamentals of doing business in an international environment. Based on the application of management theory, (trade theory, modes of entry, foreign direct investment, theory of the multinational) to the strategic management problems of organizing business in the international arena.
Focuses on industry analysis and different models of the firm. The key questions addressed are: "why do some firms succeed where others fail?" and "what strategy should a firm employ to reach its goals?"
Skills needed to set up and run a small business. Development of a business plan. Securing financing. Finding and keeping customers. Operations management. Aspects of legal, financial and taxation concerns of smaller businesses.
This course introduces students to the challenges an entrepreneur faces when starting a business: assessing his/her goals and ability, attracting financial and human resources, competing in the marketplace, and dealing with laws and regulations. Readings and discussion material will include actual business cases as well as academic articles and book chapters. The class is of relevance to students interested in starting new businesses, working in consulting or finance, and pursuing research and graduate studies.
This course examines the elements of entrepreneurial finance, focusing on technology-based start-up ventures and the early stages of company development. The course addresses key questions which challenge all entrepreneurs: how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the company; how should funding, employment contracts and exit decisions be structured. It aims to prepare students for these decisions, both as entrepreneurs and venture capitalists. It also aims to create awareness to the specific issues faced by minorities in the entrepreneurship field. In addition, the course includes an in-depth analysis of the structure of the private equity industry.
This course builds on the legal principles developed in Legal I and canvasses other areas of law that impact a business entity. The course deals with the Sales of Goods Act and relevant consumer protection legislation, employment law, environmental law, the Personal Property Security Act and the rights of the secured creditor.
This introductory course takes up philosophical questions about knowledge, reality, language, and the mind. A variety of traditional and contemporary perspectives will be considered.
Note: students may take either or both PHL103H5 and PHL113H5, in any order or simultaneously. The two courses differ only in the philosophical topics they cover.
An introduction to philosophy, covering such topics as conceptions of human nature and the good life, the foundation of morality, the relation of the individual to the state, arguments for the existence of God, debates about the meaning and possibility of free will, the theory of knowledge and the nature of reality.
This introductory course explores philosophical theories of human nature, morality, justice, the good life, freedom, and responsibility. A variety of traditional and contemporary perspectives will be considered.
Note: Students may take either or both PHL113H5 and PHL103H5, in any order or simultaneously. The two courses differ only in the philosophical topics they cover.
This course explores some of the central issues in philosophy as they were tackled by ancient Greek philosophers, concentrating on the work of Plato and Aristotle. Topics include the good life for human beings, the nature and scope of knowledge, the soul, the virtues and the nature of reality.
This one-semester course covers philosophical topics that most people talk about, or at least think about, in their everyday lives,—e.g., during conversations with friends, or while watching the news, or when deciding how to vote in an election. Such topics include, for example, the difference between art and pornography, the possibility of life after death, the evolution vs. creationism debate, the ethics of abortion and doctor-assisted suicide, and the possibility of intelligent robots. Each topic will be introduced via relevant public/social media, AI and other popular sources and then pursued in several accessible readings from the philosophical literature. A shared “library” of readings for the course will be built up by the instructors and students and updated as new issues of popular interest arise.
Note: PHL204H5 does not count for credit toward any minor, major, or specialist program in philosophy, but can be taken to fulfill the Humanities breadth/ distribution requirement.