Timeroom: Spring 2025

Durham Paul College of Business&Econ :: Finance

FIN 704 (01) - Derivatives Securities and Markets

Derivatives

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 20
CRN: 52807

Derivative assets and markets, and their role in business decision-making and portfolio management. Emphasis on practical and theoretical aspects of heading and speculating using futures and options for both commodities and financial assets, including their market mechanics.

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

Equivalent(s): ACFI 704

Cross listed with : ACFI 804.01

Only listed campus in section: Durham

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

Only listed classes in section: Junior, Senior

Instructors: Viktoriya Staneva

Start Date	End Date	Days	Time	Location
1/21/2025	5/5/2025	TR	9:40am - 11:00am	PCBE G59

Click to see: Booklist

Durham Paul College of Business&Econ :: Finance

FIN 705 (01) - Financial Institutions

Financial Institutions

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 30
CRN: 54418

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.

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

Equivalent(s): ACFI 705

Cross listed with : ACFI 805.01

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
1/21/2025	5/5/2025	MW	11:10am - 12:30pm	PCBE G25

Click to see: Booklist

Durham Paul College of Business&Econ :: Finance

FIN 705 (02) - Financial Institutions

Financial Institutions

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 30
CRN: 54419

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
1/21/2025	5/5/2025	MW	2:10pm - 3:30pm	PCBE 225

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 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 30
CRN: 52795

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.

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
1/21/2025	5/5/2025	MW	2:10pm - 3:30pm	PCBE 185

Durham Paul College of Business&Econ :: Finance

FIN 709 (01) - Fixed Income Analysis and Valuation

Fixed Income Analysis

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 30
CRN: 53683

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 as issuer or as investor. It includes a study of the markets in which these securities trade.

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
1/21/2025	5/5/2025	MW	3:40pm - 5:00pm	PCBE 185

Additional Course Details:

This is a course about interest rates. “Rates” are important, because every cashflow calculation in finance includes an interest rate. If you have curiosity about being at the corner of economics and markets, it is interest rates that determine much of the traffic.

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 asset-backed finance, particularly the process of creating and valuing residential mortgages.

Students are expected to possess effective written and oral communication skills, to be knowledgeable of the global interest rate environment, to possess the ability to perform in a team context, to possess critical thinking skills, and to possess an ethical understanding and perspective.

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 :: Finance

FIN 710 (01) - Big Data in Finance

Big Data in Finance

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 30
CRN: 52923

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.

Prerequisite(s): FIN 702 with minimum grade of C-

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
1/21/2025	5/5/2025	MW	12:40pm - 2:00pm	PBLANE 216

Durham Paul College of Business&Econ :: Finance

FIN 711 (01) - Investment Banking

Investment Banking

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 20
CRN: 53578

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.

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

Cross listed with : ACFI 811.01

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: Paul Gilson

Start Date	End Date	Days	Time	Location
1/21/2025	5/5/2025	MW	9:40am - 11:00am	PCBE 225

Click to see: Booklist

Durham Paul College of Business&Econ :: Finance

FIN 720 (02) - Topics in Finance II

Topics in Fin/Fintech Ventures

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 20
CRN: 54868

Special topics, vary by semester.

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
1/21/2025	5/5/2025	TR	3:40pm - 5:00pm	PCBE 215

Durham Paul College of Business&Econ :: Finance

FIN 720W (01) - Topics in Finance II

TopicsinFin/FinancialDecisions

Credits: 4.0
Term: Spring 2025 - Full Term (01/21/2025 - 05/05/2025)
Grade Mode: Letter Grading

Class Size: 30
CRN: 56677

Special topics, vary by semester.

Section Comments: Financial Decisions

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 colleges in section: Paul College of Business&Econ

Only listed classes in section: Junior, Senior

Only listed majors in section: BUSADM:FINANCE

Attributes: Writing Intensive Course

Instructors: Richard Kilbride

Start Date	End Date	Days	Time	Location
1/21/2025	5/5/2025	MW	12:40pm - 2:00pm	PCBE 235

Additional Course Details:

Topic: Financial Decisions

This course seeks to place this decision making framework around how markets work and how humans make financial choices. Are markets efficient and are investors rational? Or are there elements of behavioral finance at work here? Or maybe other things too?

Given that, the course examines rational expectations, efficient markets, and intrinsic valuation. Through this lens, finance can be viewed as an exact science, mathematical at its roots and (perhaps) hopelessly entangled with rules and calculations, like discounted cash flows, and the Capital Asset Pricing Model.

The course starts with this foundation but then builds upon it by examining the role of psychology in financial decision making, including the cognitive and emotional issues that impact human choices in finance and investments. Can we explain why perfect market efficiency doesn’t really happen in practice? Can we separate economic incentives from emotional biases? And does this solve all the issues or is there more going on? Could it be that finance is not just math and psychology, but there is adaptation, morphing, and mutation going on, that this is actually like biology?

In an effort to examine and balance conflicting ideas and approaches, this course will require you to think critically and demonstrate an ability to voice opinions and debate ideas. As a writing intensive course, you will demonstrate those skills not only in a classroom setting, but through the written word.

Everything comes back to money in some way. It affects all of us and confuses most of us. We all think about it a little differently. Money offers up plenty of life’s lessons, like risk, confidence, success, and happiness. It’s a magnifying glass on what people do and it’s the greatest show on earth.

Students should have a strong background in finance (FIN 701 & FIN 702 at a minimum) or economics, or instructor's permission to benefit from this course.