Subject
Finance
Program
Master of Science (MSc)
Location
Côte-des-Neiges
Instruction mode
Credits
3
Description
The goal of this course is to enhance your understanding of both the theoretical and empirical aspects of wealth management and household finance.
The course is centered on the saving and consumption decisions of households in a life-cycle model. This involves examining the decisions of households with respect to consumer credit (such as credit cards or term loans), mortgage borrowing, portfolio choices, and insurance decisions. In doing so, the course also addresses financial biases, financial literacy and education, as well as financial advice. For each theme covered in the course, a theoretical framework is presented and confronted to empirical facts.
Themes covered
1) Consumption-saving decisions in a life-cycle model
2) Income shocks and income risk
3) Consumer credit
4) Mortgage borrowing
5) Portfolio choices and human capital
6) Behavioral biases
7) Financial literacy and education
8) Financial advice
9) Insurance decision
Important notes
Course in French : FINA 60221
M. Sc. finance: Préalable(s): MATH 60207(A) ou 60230(A), et MATH 60210(A) ou 60231(A), et FINA 60211(A) ou 60232(A) M. Sc. économie financière appliquée: Préalable(s): MATH 60837(A)(Co) ou être admis à la M. Sc. ingénierie financière
M. Sc. finance: Préalable(s): MATH 60207(A) ou 60230(A), et MATH 60210(A) ou 60231(A), et FINA 60211(A) ou 60232(A) M. Sc. économie financière appliquée: Préalable(s): MATH 60837(A)(Co) ou être admis à la M. Sc. ingénierie financière