Finance

  • The Schulich Finance offerings are amongst the most comprehensive in Canada, with coverage of the full spectrum of financial activities, including:

    Financial Management topics include: capital budgeting (the investment decision); capital structure (the financing decision); working capital management; evaluation of acquisitions and divestitures; and management of foreign currency exposures.

    Financial Engineering equips students with basic skills necessary to develop and value new financial instruments and implement risk management schemes.

    Investment Management focuses on the design, marketing and trading of financial instruments, including bonds, stocks and derivative securities.

    Private Wealth Management provides in-depth investments knowledge, an understanding of personal taxation issues and personal financial and small business planning strategies and a background covering legal issues such as estate planning, power of attorney and family law.

    Schulich graduates can also specialize in Financial Services or Financial Engineering.

    At Schulich you secure one of the most comprehensive Finance programs in Canada, with a wide spectrum of financial disciplines and the opportunity to learn much of the CFA curriculum.

  • Professor Lilian Ng, Area Coordinator
    Professor Lilian Ng, Area Coordinator

Specialization Details by Category

Career Opportunities

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  • Graduates of this specialization often find careers in Financial Management (investment bankers, corporate financial advisors, financial managers, executives in non-financial companies); Financial Engineering (derivatives trading and valuation, risk management in banks, investment firms, brokerage houses); Investment Management (financial analyst, broker, underwriter, portfolio manager); and Private Wealth Management (financial advisor, mutual fund advisor, financial planner, private banker).

  • Inder Dhillon (MBA '13)

    “With my Schulich MBA I built valuable leadership, time management and interpersonal skills, landing a position at Ernst & Young well before graduation.”

    Inder Dhillon (MBA '13)Assistant Manager, Corporate Strategy, Middle East North Africa Region, EY
  • The Schulich Career Development Centre

    Your career is top priority at Schulich. To make career decisions that are right for you, the CDC will help you identify strengths, determine career objectives, develop career plans, hone skills for career management and put your professional development plan into action.

    - Our highly experienced CDC Advisors bring a unique combination of first-hand knowledge, experience and diverse perspectives in a wide variety of businesses and industry sectors.

    - Take advantage of a series of proven career-building modules, including up-to-date Job Search Techniques, Self-Assessment, Resume and Cover Letter Writing, and Interview Skills to help you stand out from the competition.

    - Corporate Information Sessions offer you an opportunity to meet top level recruiters, alumni and executives.

  • Career Development Centre

Study Options

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Choose a study option to view its details and requirements

Specialization Requirements

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General Stream

Students must complete 12.00 credits total, consisting of:

  • 12.00 credits of Elective Courses

Elective Courses (General Stream)

  • MANAGING ETHICS AND SOCIAL RESPONSIBILITY
  • ETHICS AND FINANCE
  • PERSONAL FINANCIAL MANAGEMENT
  • FINANCIAL MANAGEMENT
  • ADVANCED CORPORATE FINANCE
  • INVESTMENTS
  • ECONOMETRICS OF FINANCIAL MARKETS
  • INTERNATIONAL FINANCIAL MANAGEMENT
  • BEHAVIOURAL FINANCE
  • CORPORATE FINANCIAL ANALYSIS
  • OPTIONS, FUTURES & OTHER DERIVATIVE SECURITIES
  • ALTERNATIVE INVESTMENTS
  • INTRODUCTION TO FINANCIAL SERVICES MANAGEMENT
  • MANAGEMENT OF RISK IN CANADIAN FINANCIAL INSTITUTIONS
  • SERVICE MARKETING
  • REAL ESTATE FINANCE & INVESTMENT

Financial Management Stream

Students must complete 12.00 credits total, consisting of:

  • 6.00 credits of Required Courses
  • 6.00 credits of Elective Courses

Required Courses

  • FINANCIAL MANAGEMENT
  • ADVANCED CORPORATE FINANCE

Elective Courses (Financial Management Stream)

  • MANAGING ETHICS AND SOCIAL RESPONSIBILITY
  • INVESTMENTS
  • INTERNATIONAL FINANCIAL MANAGEMENT
  • CORPORATE FINANCIAL ANALYSIS
  • ALTERNATIVE INVESTMENTS
  • INTRODUCTION TO FINANCIAL SERVICES MANAGEMENT
  • MANAGEMENT OF RISK IN CANADIAN FINANCIAL INSTITUTIONS

Private Wealth Management Stream

Students must complete 12.00 credits total, consisting of:

  • 6.00 credits of Required Courses
  • 6.00 credits of Elective Courses (Private Wealth Management)

Required Courses (Private Wealth Management):

  • PERSONAL FINANCIAL MANAGEMENT
  • INVESTMENTS

Elective Courses (Private Wealth Management):

  • MANAGING ETHICS AND SOCIAL RESPONSIBILITY
  • BEHAVIOURAL FINANCE
  • OPTIONS, FUTURES & OTHER DERIVATIVE SECURITIES
  • INTRODUCTION TO FINANCIAL SERVICES MANAGEMENT
  • SERVICE MARKETING

Investment Management Stream

Students must complete 12.00 credits total, consisting of:

  • 6.00 credits of Required Courses
  • 6.00 credits of Elective Courses (Investment Management)

Required Courses (Investment Management):

  • INVESTMENTS
  • OPTIONS, FUTURES & OTHER DERIVATIVE SECURITIES

Elective Courses (Investment Management):

  • MANAGING ETHICS AND SOCIAL RESPONSIBILITY
  • ETHICS AND FINANCE
  • ECONOMETRICS OF FINANCIAL MARKETS
  • BEHAVIOURAL FINANCE
  • ALTERNATIVE INVESTMENTS
  • REAL ESTATE FINANCE & INVESTMENT

 

 

NOTE: Not all courses required to fulfill a specialization are offered each term. Course offerings are based on factors such as student demand and instructor availability. The office of Student Services & International Relations is available to provide advising on course sequencing and the fulfillment of program and specialization requirements within a student’s period of study. For current course offerings and details, please view the Schulich Course Offerings Database.

Faculty

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The teaching, research and consulting activities of Finance faculty members cover the fields of investments, financial engineering, financial services and corporate finance.

The work of the faculty brings theoretical rigour to practical applications. For example, faculty members have developed a unique approach to personal investment management over the human lifecycle. Our faculty have won numerous awards for their work and are in high demand by practitioners and the media. They interact with the private sector as consultants and Board members, amongst other roles.

Other research areas include investor biases, investor mood and the markets, the effect of thin trading on stock prices, the management of financial institutions, financial innovation and international financial management.

Student Clubs

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Finance Speaker Series

Attend the Finance Speaker Series event every week as Professors and Industry Professionals from across the global come to Schulich to speak about current issues in the Finance world: Find an event.

Schulich Finance Association (SFA)

The SFA provides an opportunity for students to learn more about careers in a variety of Finance areas (Investment Banking, Sales and Trading, Research, Corporate, Commercial and Retail Banking), to serve as a forum to network with Finance professionals, and to reinforce Schulich’s image in the corporate world.

Through a number of events, including the panel discussion and speaker series, round table discussions and the Day on Bay, students can meet and learn first-hand from experienced industry professionals.

Email: sfa@schulich.yorku.ca

 

Schulich Investment Management Club (SIBC)

The SIBC was created to provide assistance to students in obtaining internships and full-time positions within investment banks and capital markets by developing its members’ skills in the areas required by the investment banking industry; mentoring students with current practicing professionals; educating students in the rigors of the hiring process; and building networks with the industry.

The SIBC also provides leading investment banks with priority access to Schulich’s top prospective investment banking recruits.

Email: investmentbanking@schulich.yorku.ca

 

Portfolio Management Club (PMC)

The PMC mission is to enhance the investment and portfolio management skills of its members and invest members’ periodic financial contributions in securities, options and bonds for the purposes of charitable benefit.

The club organizes guest lectures by industry experts and portfolio managers to facilitate the learning of its members. Moreover, members can practice their investment strategies during the stock challenge organized by the club.

Finally, the club provides frequent opportunities to network with industry professionals and access to employment opportunities in the portfolio management area.

Email: pmc@schulich.yorku.ca