Timeroom: Spring 2023

Durham Paul College of Business&Econ :: Finance

FIN 706 (01) - Financial Modeling and Analytics

Financial Modeling

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 30
CRN: 54156

The main objective of the course is to bridge the gap between theory and practice by using software applications and real-world data to solve a variety of financial problems. The course is very 'hands-on' and is expected to help students develop skills that are useful in a variety of jobs in finance, accounting, insurance, and real estate. Prereq: ADMN 570.

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

Equivalent(s): ACFI 706

Only listed campus in section: Durham

Only listed colleges in section: Paul College of Business&Econ

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE

Instructors: Mihail Miletkov

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	MW	2:10pm - 3:30pm	PCBE 235

Durham Paul College of Business&Econ :: Finance

FIN 707 (01) - Equity Analysis and Firm Valuation

Equity Analysis and Valuation

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 30
CRN: 54179

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. Prereq: ADMN 570.

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

Equivalent(s): ACFI 707

Only listed campus in section: Durham

Only listed colleges in section: Paul College of Business&Econ

Only listed classes in section: Junior, Senior

Instructors: Md Safayat Hossain

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	M	5:10pm - 8:00pm	PCBE G59

Durham Paul College of Business&Econ :: Finance

FIN 708 (02) - Real Estate Finance

Real Estate Finance

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 30
CRN: 54149

This course provides an introduction to residential and commercial real estate. Topics include market analysis, cash flows, debt and equity financing, valuation, and real estate investment trusts. Case studies, projects, and real world applications of the concepts learned are significant components of the course. Prereq: ADMN 570 or HMGT 655.

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

Equivalent(s): ACFI 708

Only listed campus in section: Durham

Only listed colleges in section: Paul College of Business&Econ

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE, HOSPITALITY MGT, HOTEL&HOS MGT

Instructors: Daniel Cline

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	W	5:10pm - 8:00pm	PCBE 115

Durham Paul College of Business&Econ :: Finance

FIN 709 (01) - Mortgage Banking and Fixed Income Securities

Mortgage Bank & Fixed Income

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 30
CRN: 56601

This course focuses on bonds and the bond market. While the cash flows of bonds are specified, 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 demonstrates the skills needed to manage fixed income portfolios in light of both client specific objectives and the market environment. Prereq: ADMN 570 or HMGT 655, ACFI 702.

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

Equivalent(s): ACFI 709

Only listed colleges in section: Paul College of Business&Econ

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE

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:

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. Prerequisit FIN 702, Investment Analysis

Durham Paul College of Business&Econ :: Finance

FIN 710 (01) - Big Data in Finance

Big Data in Finance

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 27
CRN: 54386

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: ADMN 570.

Section Comments: Also listed as ACFI 810

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

Equivalent(s): ACFI 710

Only listed campus in section: Durham

Only listed colleges in section: Paul College of Business&Econ

Only listed classes in section: Junior, Senior

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 :: Finance

FIN 711 (01) - Investment Banking

Investment Banking

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 15
CRN: 56331

This course explores several areas of investment banking. Investment bankers play a critical role in financial markets. Among their many roles, they provide advisory services to firms, help raise capital, and assist with complex financial transactions such as mergers and acquisitions. Course topics typically include company strategy, valuation, initial public offerings (IPOs), leveraged buyouts (LBOs), and mergers and acquisitions (M&A). Prereq: ADMN 570. Students cannot earn credit for the course after taking FIN 720 as Investment Banking.

Section Comments: By permission for undergrads; see instructor for permission Co-listed with MSF

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

Classes not allowed in section: Junior, Senior

Only listed majors in section: BUSADM: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 :: Finance

FIN 714W (01) - Financial Scandals, Upheavals, and Crises

Financial Scandals

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 38
CRN: 55055

This course takes a multidimensional approach to the circumstances that create tumult in the financial world and, by extension, society. Disruptive events in financial history are explored from different perspectives often considering the financial innovations, ethical issues, and notions of economic justice that are involved. The course is writing intensive and requires extensive reading, introspection, and critical thinking. Prereq: ADMN 570. ?Students cannot earn credit for the course after taking FIN 720W as Financial Scandals.

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

Only listed campus in section: Durham

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE

Attributes: Writing Intensive Course

Instructors: Bruce Mast, Richard Kilbride

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	T	5:10pm - 8:00pm	PCBE 225

Additional Course Details:

The course seeks to place money and finance in its historical context, showing its significant and often pivotal role in human progress and is a backstory for much of the human saga. From this vantage point, we will examine innovation and crisis in banks and banking, the bond markets, the equity markets, insurance, real estate, and cross-border trade & monetary flows. Our investigation will reach into numerous present day and historical financial events and circumstances, including the collapse of countries, scandals at companies like Enron and Lehman Brothers, and the impact of individuals going “off the rails” like Bernie Madoff or Martin Shkreli. These are scandals, upheavals, and crises.

Durham Paul College of Business&Econ :: Finance

FIN 720 (01) - Topics in Finance II

Top Fin II/Finance CSR & ESG

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 30
CRN: 55057

Special topics, vary by semester. Prereq: ADMN 570.

Section Comments: Co-listed w/ ACFI 896.07

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

Repeat Rule: May be repeated for a maximum of 16 credits.

Only listed campus in section: Durham

Only listed colleges in section: Paul College of Business&Econ

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE

Instructors: Richard Kilbride

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	TR	2:10pm - 3:30pm	PCBE 225

Additional Course Details:

The course seeks to explore what finance says about the increased focus on corporate social responsibility (CSR) and how investment analysis addresses a growing emphasis on environmental, social & corporate governance (ESG) objectives. We study how mandates towards people and planet are integrated into financial models and the management of firms, including what this means about corporate financial objectives, particularly firm responsibilities to a wide variety of “stakeholders”. And we investigate how investors determine and then act on ESG goals. These fields are topical but underexamined and poorly understood. Prereq: FIN 701, Fin Policy and FIN 702, Investment Analysis; or instructor permission.

Durham Paul College of Business&Econ :: Finance

FIN 720 (02) - Topics in Finance II

Top in Fin II/Fintech Ventures

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 15
CRN: 55058

Special topics, vary by semester. Prereq: ADMN 570.

Section Comments: Cross-listed with ACFI896.06 55224

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

Repeat Rule: May be repeated for a maximum of 16 credits.

Only listed campus in section: Durham

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE

Instructors: Michael Hanlon

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

Additional Course Details:

This course provides an introduction to the digital economy and the intersection of finance and technology (FinTech). Items to be covered include: blockchain, cryptocurrencies (e.g. Bitcoin, Ethereum, etc.), their evolution, applications and the future of such technology. Further topics include: smart contracts, digital property rights, robo-advising, Web3 (the decentralized internet), algorithmic/high frequency trading and the role of artificial intelligence in capital markets, today and into the future. The course will also analyze such topics and technologies from a long-term investment perspective, with an eye towards the implications for the finance industry and overall macroeconomic consequences. Other topics may be covered as well.

Durham Thompson School of Applied Sci :: Forest Technology

FORT 470 (01) - Applied Silviculture

Applied Silviculture

Credits: 4.0
Term: Spring 2023 - Full Term (01/24/2023 - 05/08/2023)
Grade Mode: Letter Grading

Class Size: 14
CRN: 56377
Special Fees: $122.00

Silvicultural practices in the U.S. including reforestation systems. Improvement of forest stands employing the basic tending practices of weeding, thinning, and pruning. Marking of stands prior to logging operations. Prereq: permission of instructor or FORT 461 and FORT 463. 2 lec/1 4-hr lab. Special Fee.

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

Equivalent(s): FORT 270

Instructors: Michael Simmons

Start Date	End Date	Days	Time	Location
1/24/2023	5/8/2023	TR	9:40am - 11:00am	PTNM 111
1/24/2023	5/8/2023	T	2:10pm - 5:00pm	PTNM 139A