finance - School of Continuing and Professional Studies - New York ...

SCPS.NYU.EDU/FINANCE
Fundamentals of Individual Investing
FINA1-CE9855/$395
M Sec. 1: Wed. 12–3 p.m., May 25–July 6
(7 sessions). Stephen P. Wetzel, CFP, president,
Prometheus Capital Management.
Designed for the novice investor, this
course introduces concepts important to
managing a portfolio and provides students
with the ability to make confident decisions
about their personal finances. Topics
include understanding a brokerage account,
the Dow Jones Industrial Average, the
characteristics of stocks and bonds, the
basic valuation of stocks, taxes for the
investor, and the psychology of investing.
2.0 CEU (24 50-minute hours)
Personal Finance Basics:
Getting Started
FINA1-CE9417/$395
M Sec. 1: Tues. 12–2.35 p.m., June 7–July 12
(6 sessions). Michael Oberstein, chair and
clinical assistant professor, NYU-SCPS
noncredit finance programs.
Comprehend the many instruments used
in a financial plan and make sense of underlying
assets and the potential uses of
benefits. Topics include time value of
money, career planning, money management,
savings accounts, CDs, money markets,
T-bills, stocks, bonds, mutual funds,
emergency funds, and credit. Learn the
types of financial institutions and products
available; understand the financial considerations
of changing careers; and develop
strategies for making better decisions when
buying a house or a car, or when making
other large purchases. Study home and life
insurance policies and factor important
considerations into health and long-term
care insurance purchases. 1.5 CEU
(19 50-minute hours)
Wondering
what to take
scpsinfo@nyu.edu
(212) 998-7200
M Meets at NYU Midtown Center, 11 W. 42nd St.
N Meets at Norman Thomas Center, 111 E. 33rd St.
W Meets at the Woolworth Building, 15 Barclay St.
V Online course.
Personal Finance:
Developing Your Financial Plan
FINA1-CE9850/$395
N Sec. 1: Wed. 6.30–8.30 p.m., May 18–
Aug. 10 (12 sessions). David L. Hoyer, CFP,
registered investment advisor, Hoyer
Financial Services.
Cover essentials of personal finance and
learn to align sound financial goals with
values and lifelong plans. Learn to improve
cash flow and how to save and invest while
reducing risk. Gain a better understanding
of the importance of credit history and
ways to improve it while reducing the
possibility of identity theft. Map out a
retirement plan and learn essential estate
planning and tax considerations. 1.5 CEU
(19 50-minute hours)
Strategic Alliances
FINA1-CE9187/$750
N Sec. 1: Tues. 6.30–8.30 p.m., May 24–
July 26 (10 sessions). Patrick McGuinness
Strategic alliances such as joint ventures,
virtual and internet alliances, group alliances,
and other relationships are critical
initiatives for large and small businesses.
Students acquire the information and skills
necessary to enhance their careers by intelligently
handling strategic alliance issues.
Topics include types of alliances, developing
the process for managing the relationship,
alliance versus acquisition, communicating
the alliance, and identifying beneficial
partners. Guest speakers share their expertise
in international alliances and joint
ventures. 2.0 CEU (24 50-minute hours)
Wealth Management: How to Be
Prepared, Survive, and Thrive
FINA1-CE9006/$395
N Sec. 1: Mon. 6.30–8.30 p.m., June 13–
July 25 (5 sessions). No class June 20.
Jose R. da Cruz, CFA, Morgan Stanley
Smith Barney.
Wealth management is not just for individuals
with a high—or ultra-high—net worth.
Given the disappearance of traditional guaranteed
pension plans, lack of job security,
and increased volatility in the capital markets,
individuals have to take charge of
managing their own finances in order to
reach their goals. Develop a framework
that can be implemented immediately to
establish personal financial goals, devise
appropriate investment strategies, and
monitor performance.
FINANCIAL RISK MANAGEMENT AND
DERIVATIVE INSTRUMENTS
The ongoing turmoil in the markets continues to amplify the need for improved risk management,
and corporations are investing in developing improvements in their identification,
measurement, and management procedures. The need for financial risk managers also
grows with new compliance and regulation standards. These courses teach the strategies
and principles of financial risk management, techniques to qualify and measure risk, technical
and fundamental analysis, structure of derivatives markets, and pricing and valuation
methods for derivatives instruments. The Certificate in Financial Risk Management is regularly
updated to respond to today’s changing economic landscape.
Fundamentals of Financial
Risk Management
FINA1-CE9208/$805
W Sec. 1: Tues. 6.30–9 p.m., May 24–July 12
(8 sessions). John McCormack, valuation and
enterprise risk management consultant.
N Sec. 2: Wed. 6–10 p.m., June 1–29
(5 sessions).
Get an overview of financial risk management
and its importance in today’s global
marketplace. Examine why understanding,
measuring, and managing risk are critical
considerations in the financial services industry.
Learn the most current methods
and tools used by risk management professionals.
Topics include market and investment
risk, value at risk (VaR), time value
of money, probability theory and statistics,
fixed income, and Monte Carlo simulations.
Prerequisites: Introduction to the Markets/
FINA1-CE9000 and Fundamentals of
Portfolio Management/FINA1-CE9001 or
equivalent knowledge. 2.0 CEU
(24 50-minute hours)
Core Concepts in Asset Securitization
FINA1-CE9162/$750
N Sec. 1: Thurs. 6.30–8.30 p.m., June 9–
July 28 (8 sessions). Norman Chaleff,
senior vice president–risk management,
Sterne, Agee & Leach.
Examine the core principles of securitization
in this in-depth review of common
structured finance asset classes. Learn how
securitization differs from other funding
methods—such as asset-based commercial
lending—and develop the conceptual
understanding needed for more advanced
study. Case studies cover three basic consumer
asset classes: credit cards, auto loans,
and residential mortgages. This course
is designed for those new to the field.
Students are required to work with structured
finance documentation. Prior exposure
to fixed income markets is helpful but
not required. 1.5 CEU (19 50-minute hours)
Related Program
NYU-SCPS offers a Graduate
Certificate in Enterprise Risk
Management within the M.S. in
Management and Systems program.
Interest Rate Swaps
FINA1-CE9240/$750
M Sec. 1: Sat. 10 a.m.–3 p.m., June 4–25
(4 sessions). Ilene Froom,
executive director and assistant general
counsel, JPMorgan Chase Bank, N.A.
Examine interest rate swaps and their importance
in today’s capital markets. Discuss
swaps within the following contexts: why
firms use them, types of swaps, advantages
and inherent risks, pricing strategies, present
and future values applications, regulation
of participants in the market, balance
sheet effects, and financial disclosure.
Other topics include swaptions, captions,
step-up coupon caps, delayed caps, and the
impact of inflation. Prerequisite: Finance
Math/Statistics: A Skill Enhancement and
Review Course/FINA1-CE9151 or knowledge
of basic mathematics. 2.0 CEU
(24 50-minute hours)
Credit Risk Models:
Theory and Applications
FINA1-CE9214/$750
N Sec. 1: Mon. 7–9.15 p.m., June 6–Aug. 8
(9 sessions).
Examine techniques to manage, measure,
and control credit risks inherent in loans,
bonds, and derivative products. Review
mathematical models and methodologies
widely used in the financial industry to
quantify credit risks for stand-alone securities
as well as security portfolios. Understand
regulatory perspectives on best practices
for managing and monitoring credit risks.
Analyze the impact of the Basel II accord
on the management, measurement, and
control of credit risks. Prerequisite: Finance
Math/Statistics: A Skill Enhancement and
Review Course/FINA1-CE9151 or familiarity
with derivatives, financial markets,
and the use of spreadsheets. 2.0 CEU
(24 50-minute sessions)
Intermediate Financial
Risk Management
FINA1-CE9201/$750
N Sec. 1: Wed. 6–10 p.m., July 6–27
(4 sessions). Alan Anderson, FRM
Build on basic knowledge of risk management
tools and techniques to explore more
complex issues in financial risk management,
including credit risk, derivatives,
hedging techniques, hedge funds, and enterprise-level
risk measurement and management.
Prerequisite: Fundamentals of
Financial Risk Management/FINA1-CE9208
or equivalent knowledge.
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