Fz FINANCE
Fz00000. Financial mathematics
Basic knowledge about financial Mathematics to solve practical problems. Also, the student will learn how to build financial mathematical models to support the decision making process. , Dryden.
Fz00850. Financial management
Value of money through time. Study of financial statements. Tools in capital budgets. Estimation of cash flow. Introduction to risk and income. Principles of work management. Textbook: Brigham and Weston, Fundamentos de administración financiera, McGraw-Hill. Van Horne, Fundamentos de Administración Financiera, Prentice Hall. Brigham, Fundamentals of Financial Management, Dryden.
ACAD. PERIOD: SPRING & FALL
LANGUAGE OF INSTRUCTION: SPANISH AND ENGLISH
Fz00863. Money and capital markets
Alternative investment principles in Mexico. Study of flow of funds, level structures of interest rates as well as monetary policies and their effect on those interest rates. The themes covered in this course will be analyzed from an international perspective. Textbook: Fabozzi and Modigliani, Capital Markets, Prentice Hall. Robert Kolb, Investments. Riehl and Rodríguez, Mercado de Divisas y Mercado de Dinero, McGraw-Hill.
ACAD. PERIOD: SPRING & FALL
LANGUAGE OF INSTRUCTION: SPANISH
Fz00864. Financial sources
Description and analysis of internal and external financial resources of a company for short- and long-term investments. Financial structures. Costs of financial resources. Financial level. Financial sources: banking intermediation systems, stock exchange transaction, fomentation funds, internal sources and international finance. Textbook: Kohn, Financial Institutions and Markets, McGraw-Hill, Fabozzi, Modigliani and Ferri, Financial Markets and Institutions, Prentice Hall.
ACAD. PERIOD: SPRING & FALL
LANGUAGE OF INSTRUCTION: SPANISH
Fz00865. Financial reporting for decision making
Business analysis. Accounting analysis. Financial ratio analysis. Cash flow analysis
Financial forecasting. Financial statement preparation. Writing notes of financial statements. Quality of earnings. Quality of financial statements reports. Accounting principles and their financial analysis implications. Meaning and interpretation of an auditor’s opinion. Analysis of the Mexican Stock Exchange reports.
Fz00871. Management of working capital and capital structures
Cash management. Management of accounts receivable and accounts payable. Investment policies. Liquidity analysis and financial flexibility of an industry. Short-term financing and money markets. Financial structures. Capital costs. Leverage of an industry. Textbooks: Maness and Zietlow, Short-Term Financial Management,West. Hill and Sartoris, Short-term Financial Management, MacMillan. Gallinger and Headly, Liquidity Analysis and Management, Addison-Wesley. Brigham and Gapenski, Intermediate Financial Management, Dryden.
ACAD. PERIOD: FALL
LANGUAGE OF INSTRUCTION: SPANISH
Fz00872. Project evaluation
Simple interest and compound interest. Value of money through time. Methods for project evaluation. Evaluation of cash flow. Capital budgeting decisions. Uncertainty of capital budget. Leasehold. Technical analysis. Market analysis. Textbook: Bierman and Smidt, The Capital Budgeting Decision, MacMillan. Levy, Haim and Sarnat, Capital Investment and Financial Decisions, Prentice Hall.
ACAD. PERIOD: SPRING & FALL
LANGUAGE OF INSTRUCTION: SPANISH
Fz00874. Project evaluation and firm valuation
Deep analysis of accounting principles, time value of money, financing sources, cost of capital and working capital. The previous concepts were thought in previous courses. In this course, they will be used in the evaluation of risky long term projects and the valuation of firms. In this context, the students will learn advanced techniques for project evaluation, cash flow analysis, tax effects, risk, and uncertainty considerations. They will also learn and apply the different valuation techniques to price firms.
Fz00881. International finance
Structure of the international monetary system. Currency market. The theory of interest rate parity, its application and empirical validation. The theory of purchasing power parity, its application and empirical validation. The theory of long-term expectancies for parities, its application and empirical validation. The theory of capital market equilibrium, its application and empirical validation. Momentary base value. Momentary slope value. Risk profiles. Textbook: Eiteman, Stonehill and Moffett, Multinational Business Finance, Addison-Wesley.
Fz00882. Derivative instruments for decisions
This course covers the most important international financial instruments to manage the risk on business. Kind of instruments. How they work, and how they are used. Market value of these instruments, to calculate the optimum hedge, and design financial strategies. This instruments first are analyzed as individual tools and as complementary instruments to get a global risk management plan. , Dryden.
Fz00883. Corporative finance
Know and understand the financial field. Know the nature of the corporative finance as the decisions that are involved with it. Know and practice the most important techniques of capital budgeting under risk circumstances and inflation. Know and understand the concepts of profitability and risk. Calculate the financial structure required to maximize the business value. Know and understand the concept of acquisitions and fusions. , Dryden.
Fz00891. Seminar on finance
Origin, objective and functions of the finance function. Working capital management. Fixed asset management and capital budgeting. Sources and types of funding. Capital structure. Financial forecasting. Valuation of companies. Present and future of financial engineering in Mexico.