FAIM 602 - Economics
Concepts and analytical techniques from micro- and macro-economics, including market structures, fiscal and monetary policy, international trade, international financial markets, spot and forward exchange rates, interest rate parity and purchasing power parity.
FAIM 603 - Quantitative Methods in Financial Analysis
Analytical methods for data analysis, including discrete and continuous probability distributions, descriptive statistics, sampling and statistical inference, correlation, simple and multiple linear regression, and time series analysis.
FAIM 604 - Corporate Finance
Decision-making strategies in the areas of investment and financing, including discounted cash flow analysis, asset valuation using the dividend discount model, free cash-flow model and valuation by multiples, capital budgeting, cash-flow estimation and risk analysis, the capital asset pricing model, short- and long-term financing, cost of capital, and capital structure.
FAIM 605 - Financial Statement Analysis
Interpretation and analysis of financial reports, including ratio analysis, analysis of fixed assets, current assets, income taxes, long-term and short-term liabilities, leases, off-balance-sheet assets and liabilities, pensions and benefits, inter-corporate investments, business combinations, multinational operations, and earnings quality.
FAIM 606 - Investments and Equity Analysis
Financial markets and instruments, security market indexes, modern portfolio theory and asset pricing models; analysis of the firm's prospects based on forecasts of the economic environment, industrial activity, and business cycle; measures of performance and value added (EVA, MVA, CFROI); valuation for closely held companies, mergers, acquisitions, divestitures; technical analysis; and alternative investments, such as real estate, venture capital, investment companies, and hedge funds.
FAIM 607 - Fixed Income Analysis
Valuation and portfolio management techniques for fixed income securities, including the term structure of interest rates, yield spreads, spot rates and forward rates, measurement of interest rate risk using duration and convexity, mortgage-backed securities and prepayment risk, asset-backed securities, international bonds, and credit analysis.
FAIM 608 - Derivative Markets
Valuation of forward contracts, futures, swaps and options; options trading strategies; bonds with embedded options, option-adjusted spreads for fixed income securities; options on futures and swap options.
FAIM 609 - Financial Engineering and Risk Management (short course)
Corporate and portfolio risk management with forward contracts, futures, swaps and options; delta hedging, gamma hedging, vega hedging, and dynamic asset allocation; alternative measures of risk, such as value at risk (VaR); structured securities.
FAIM 610 - Portfolio Management
Use of stocks, bonds, and derivatives for the creation and management of a portfolio for an individual or institutional investor within the regulatory environment; pension plan and employee benefit funds; asset allocation; passive and active equity strategies; passive and active bond portfolio management strategies; portfolio immunization; performance measurement and performance attribution.
FAIM 611 - Ethics, Professional Standards, and Compliance (short course)
Ethical issues, professional standards, and the code of conduct related to investment portfolio management, and private and public sharing of information. [back to top]