Timeroom: Spring 2024

Durham Paul College of Business&Econ :: Finance

FIN 705 (02) - Financial Institutions

Financial Institutions

Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 30
CRN: 56194

Examination of financial institutions, financial instruments and financial markets. Emphasis on how commercial banks create value, the influences of the Federal Reserve and its monetary policies, and the workings of markets such as money markets, bond markets and mortgage markets. Throughout the course, the 2008 global financial crisis is central to the discussion. The course helps student develop knowledge and skills needed to start a career in finance industry.

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

Prerequisite(s): ADMN 570 with minimum grade of C-

Equivalent(s): ACFI 705

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: Zhaozhao He

	Start Date	End Date	Days	Time	Location
	1/23/2024	5/6/2024	TR	3:40pm - 5:00pm	PCBE G85
Final Exam	5/15/2024	5/15/2024	W	1:00pm - 3:00pm	PCBE G85

Click to see: Booklist

Durham Paul College of Business&Econ :: Finance

FIN 706 (01) - Financial Modeling and Analytics

Financial Modeling

Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 30
CRN: 53472

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.

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

Prerequisite(s): ADMN 570 with minimum grade of C-

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

Instructors: Mihail Miletkov

	Start Date	End Date	Days	Time	Location
	1/23/2024	5/6/2024	MW	2:10pm - 3:30pm	PCBE 235
Final Exam	5/10/2024	5/10/2024	F	1:00pm - 3:00pm	PCBE 115

Durham Paul College of Business&Econ :: Finance

FIN 708 (02) - Real Estate Finance

Real Estate Finance

Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 30
CRN: 53467

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.

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

Prerequisite(s): ADMN 570 with minimum grade of C- or HMGT 655 with minimum grade of C-

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
	1/23/2024	5/6/2024	W	5:10pm - 8:00pm	PCBE 135
Final Exam	5/15/2024	5/15/2024	W	6:00pm - 8:00pm	PCBE 135

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 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 30
CRN: 54982

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.

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

Prerequisite(s): (ADMN 570 with minimum grade of C- or HMGT 655 with minimum grade of C- ) and FIN 702 with minimum grade of C-

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
	1/23/2024	5/6/2024	TR	11:10am - 12:30pm	PCBE G85
Final Exam	5/14/2024	5/14/2024	T	1:00pm - 3:00pm	PCBE G85

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

Click to see: Booklist

Durham Paul College of Business&Econ :: Finance

FIN 710 (01) - Big Data in Finance

Big Data in Finance

Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 30
CRN: 53644

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.

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

Prerequisite(s): FIN 702

Equivalent(s): ACFI 710

Cross listed with : ACFI 810.01

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
1/23/2024	5/6/2024	MW	11:10am - 12:30pm	PBLANE 216

Durham Paul College of Business&Econ :: Finance

FIN 711 (01) - Investment Banking

Investment Banking

Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 15
CRN: 54756

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). Students cannot earn credit for the course after taking FIN 720 as Investment Banking.

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

Prerequisite(s): ADMN 570 with minimum grade of C-

Cross listed with : ACFI 811.01

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE

Instructors: Paul Gilson

	Start Date	End Date	Days	Time	Location
	1/23/2024	5/6/2024	M	5:10pm - 8:00pm	HS 108
Final Exam	5/13/2024	5/13/2024	M	6:00pm - 8:00pm	HS 108

Click to see: Booklist

Durham Paul College of Business&Econ :: Finance

FIN 720 (01) - Topics in Finance II

Top/FinCorpSocResp&Environ

Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 30
CRN: 56822

Special topics, vary by semester.

Section Comments: Title: The Finance of Corporate Social Responsibility & Environmental, Social & Corporate Governance Investing

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

Prerequisite(s): ADMN 570 with minimum grade of C-

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: Richard Kilbride

	Start Date	End Date	Days	Time	Location
	1/23/2024	5/6/2024	TR	2:10pm - 3:30pm	PCBE 235
Final Exam	5/10/2024	5/10/2024	F	3:30pm - 5:30pm	PCBE 115

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

Topics in Fin/Fintech Ventures

Credits: 4.0
Term: Spring 2024 - Full Term (01/23/2024 - 05/06/2024)
Grade Mode: Letter Grading

Class Size: 15
CRN: 56823

Special topics, vary by semester.

Section Comments: Title: Fintech Ventures

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

Prerequisite(s): ADMN 570 with minimum grade of C-

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

Cross listed with : ACFI 896.06

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
1/23/2024	5/6/2024	W	5:10pm - 8:00pm	PCBE G59

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 (i.e. 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.