Timeroom: Spring 2023

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 807 (1ON) - Equity Analysis and Firm Valuation

Equity Analysis

Credits: 3.0
Term: Spring 2023 - E-term IV (03/20/2023 - 05/11/2023)
Grade Mode: Letter Grading

Class Size: 10
CRN: 53795

This course is intended to provide practical tools for analyzing and valuing a company's equity. Primarily an applications course, it covers several valuation models such as market multiples and free cash flow models, and focuses on the implementation of finance theories to valuation problems. Pre-req: ACFI 801 with a minimum grade of B-; ACFI 802 with a minimum grade of B-. No credit if credit has been earned for ADMN 898 "Equity Analysis & Firm Valuation."

Section Comments: Cross List w/ ADMN 898.3ON 56799

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Repeat Rule: May be repeated for a maximum of 6 credits.

Equivalent(s): ADMN 838

Only listed majors in section: FINANCE

Attributes: Online (no campus visits), EUNH

Instructors: Wenjuan Xie

Start Date	End Date	Days	Time	Location
3/20/2023	5/11/2023		Hours Arranged	ONLINE

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 809 (01) - Mortgage Banking and Fixed Income Securities

Mortgages and Fixed Income

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 2
CRN: 56602

This course focuses on bonds and the bond market. While the cash flows of bonds are specifies, their valuation is particularly challenging given interest rate movements, embedded optionality, and credit risk. As part of an examination of structured products, the course will examine the process of creating, valuing, and trading mortgages. Further, the course explores the skills needed to manage fixed income portfolios considering both client specific objectives and the market environment. Prereq: ACFI 801 (Corporate Finance); ACFI 802 (Investments).

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Repeat Rule: May be repeated for a maximum of 6 credits.

Instructors: Richard Kilbride

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	TR	11:10am - 12:30pm	PCBE 165

Additional Course Details:

Cross listed as undergraduate course FIN 709

This course is a rigorous and analytical study of a wide range of topics in the fixed income arena. It focuses on securities (mainly bonds), and things that can look like securities (mainly loans) that promise an ongoing and consistent cash flow (hence: “fixed income”). The valuations of these things are influenced by interest rates and credit risk. The course is focused on the concepts and tools that are important to practitioners and investors who want to use these securities, whether the issuer or the investor. It includes a study of the markets in which these securities trade. While the cash flows of fixed income securities are contractually specified, the valuation of bonds is particularly challenging given interest rate movements, credit risk, and embedded optionality.

Additionally, as part of an examination of structured products, the course will examine some basic elements of real estate finance, particularly the process of creating and valuing residential mortgages.

Further, the course acknowledges that much of the controversy regarding the 2008 Financial Crisis has been directed at the mortgage market. Given that the first name of this course is “mortgage”, we will take a deep dive into that period and examine the underlying issues regarding that global crisis.

The class, by its nature, requires a moderate level of quantitative skill, but more importantly it will require consistent focus. In the end, we want you to not just know about interest rates, creditworthiness, bonds, and bond markets, but we want you to know what these things mean and how you can use the information

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 810 (01) - Big Data in Finance

Big Data in Finance

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 8
CRN: 54385

This course serves as an introduction to many aspects of big data utilization, specifically as it applies to finance. Topics typically include high frequency trading, stock market anomalies, data management, fintech innovations, and safety and ethics when working with big data. Programming languages common to finance, such as Stata, SAS, and Python, are learned and used to analyze and manipulate data. Prereq: ACFI 801 (Corporate Finance); ACFI 802 (Investments).

Section Comments: Also listed as FIN 710

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Repeat Rule: May be repeated for a maximum of 6 credits.

Only listed majors in section: FINANCE

Instructors: Svetlana Petrova

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	MW	11:10am - 12:30pm	PCBE G85

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 811 (01) - Investment Banking

Investment Banking

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 10
CRN: 56459

This course provides an introduction to investment banking, focusing on the strategic considerations and financial analysis that are utilized when performing research related to investment banking activities. Specific topics typically include valuation, deal structuring, initial public offerings (IPOs), mergers and acquisitions (M&A), and leveraged buyouts (LBOs).

Section Comments: Also listed as FIN 711

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Repeat Rule: May be repeated for a maximum of 6 credits.

Only listed majors in section: FINANCE

Instructors: Paul Gilson

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	TR	9:40am - 11:00am	PBLANE 216

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 830 (01) - Advanced Auditing

Advanced Auditing

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 20
CRN: 51123

This course is designed to establish an advanced competence in auditing theory and practice. Specifically, students will gain an in-depth understanding of current academic auditing research and the philosophy of strategic-systems auditing through readings, presentations, case studies, and a service learning project with a local non-profit organization.

Section Comments: Co-list with ACC 720.01 54185

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Only listed majors in section: ACCOUNTING

Instructors: Jonathan Nash

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	MW	9:40am - 11:00am	PCBE G59

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 840 (01) - Forensic Acctg & Fraud Exam

Forensic Acctg & Fraud Exam

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 15
CRN: 52315

This course builds on audit coursework, but is not limited to an audit perspective. It covers the major schemes used to defraud organizations and individuals. Students develop skills in the areas of fraud protection, detection, analysis, and some skills relating to investigations.

Section Comments: Co-List with ACC 720.02 54186

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Only listed majors in section: ACCOUNTING

Instructors: Scott Berube

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	MW	11:10am - 12:30pm	PCBE 235

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 850 (01) - Accounting Theory and Research

Accounting Theory and Research

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 15
CRN: 51528

The objective of this course is to study the role of accounting information both in a decision-making and in a performance-evaluation context. This objective will be achieved by studying various accounting theories and the role that research has played in developing and testing those theories. Prereq: M.S. in Accounting.

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Only listed majors in section: ACCOUNTING

Instructors: Le Emily Xu

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	M	5:10pm - 8:00pm	PCBE 235

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 871 (01) - Financial Theory

Financial Theory

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 20
CRN: 56323

This course provides a rigorous overview of modern financial analysis. Topics include valuation, risk analysis, corporate investment decisions, and security analysis and investment management. Pre-Req: ACFI 801 (Corporate Finance); ACFI 802 (Investments). Pre- or Co-Req: ACFI 820 (Programming in Finance).

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Repeat Rule: May be repeated for a maximum of 6 credits.

Instructors: Huimin Li

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	TR	2:10pm - 3:30pm	HS 126

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 874 (01) - Finance Experience

Finance Experience

Credits: 3.0
Term: Spring 2023 - E-term III (01/17/2023 - 03/10/2023)
Grade Mode: Letter Grading

Class Size: 20
CRN: 54188

This course enhances student knowledge regarding real-life applications of finance concepts, and includes activities such as: Bloomberg Terminal trainings, executive guest speaker talks, and career opportunities in the field. Presentation skills and networking abilities are emphasized. Prereq: ACFI 801 ACFI 802.

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Repeat Rule: May be repeated for a maximum of 6 credits.

Only listed majors in section: FINANCE

Instructors: Yixin Liu

Start Date	End Date	Days	Time	Location
1/17/2023	3/10/2023	MW	3:40pm - 5:00pm	PBLANE 216

Durham Paul College of Business&Econ :: Accounting and Finance

ACFI 890 (01) - Accounting Information Systems

Accounting Information Systems

Credits: 3.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 15
CRN: 53552

Accounting information systems and the use of computers for decision making with emphasis on sources and types of information and the use of analytical tools in solving accounting management problems. Prereq: M.S. in Accounting.

Registration Approval Required. Contact Instructor or Academic Department for permission then register through Webcat.

Only listed majors in section: ACCOUNTING

Instructors: Jonathan Nash

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	W	5:10pm - 8:00pm	PCBE 215