Masters of Management

in Finance

Starting Summer 2017

 Masters of Management
in Finance

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

McGILL / Desautels / Finance

24th University in the World, #1 in Canada
QS World Rankings 2015

#1 in Canada for Business and Management Studies

QS World Ranking 2015

Finance group has highest per-capita research productivity in Canada

30,000+ alumni network (Desautels)

Jean-Franois Courville, Executive VP and COO, RBC Wealth Management
Paul Desmarais Jr., Chairman and Co-CEO, Power Corp. of Canada
Robert Dorrance, Chairman and CEO, TD Securities
Nagi Kawkabani, Partner and Co-CEO, Brevan Howard Asset Management
Thomas Monahan, President and CEO, CIBC Mellon

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Why do the MMF?

You have an interest in working in Finance
Investment Banking, Asset Management, Corporate Finance,
Risk Management, Financial Consulting, FinTech...

You have skills that could be valuable in finance professions

Economics, Engineering, IT, Mathematics, Science, Management

You need a comprehensive training in finance to be fully operational and

successfully apply to top finance jobs

The purpose of the MMF is to give you this training

1-year program
No work experience required

September 24, 2016 For July 2017 Cohort


Examples of Jobs at Graduation
Bcom Finance 2014
Investment Banking
Analyst M&A, Debt/Equity
issuance
Bank of America, Merrill
Lynch
Palo Alto
Energy Trading
Natural Gas Trading DVLPT
Program, Market Analytics,
Trading
BP
Calgary
September 24, 2016
Masters of Management
in Finance
Risk Management
Rotation Leadership Program
Enterprise & Operational Risk
GE Capital
3 countries
Corporate Finance
Financial Analyst Capital
Budgeting
Bombardier Aerospace
Montreal
For July 2017 Cohort
Asset Management
Associate Portfolio
Management, Real Estate
Summit Equities Inc.
New York
Consulting
Rotation Program Strategy &
Corporate Financial
McKinsey
Dallas
 Masters of Management
in Finance

The MMF is a unique Program

1. Investment Training 2. Manage a real company

11 courses + research project McGill-owned Desautels Capital
Comprehensive program management, $3.5M AUM
Quantitative methods Communication with investors
Software expertise Financial regulation and compliance
Real-time trading simulations Trading orders and execution
Case competitions Filing of financial statements

3. Build a network and polish your profile 4. Exclusive education

Pro-seminars: learn from the best Small class customized experience
Career workshops Highly interactive program
Networking events Direct access to Faculty & Career Services
Case Competitions

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

So, Why do the MMF?

To enter a fast-track career in finance, you need a combination of technical skills,
practical experience in finance, and professional skills

TARGET STUDENT

Currently with MMF

TECHNICAL SKILLS High Potential Strong

PRACTICAL EXPERIENCE Limited or Narrow Strong

PROFESSIONAL SKILLS High Potential Strong

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

COURSE WORK
September 24, 2016 For July 2017 Cohort
 Masters of Management
in Finance

Course work
6 six-week modules
2 Courses from week 1 to week 5
Classes on M-T and R-F
Exam on week 6

Interactive and applied learning

Cases, Trading Lab Simulations,
Bloomberg/Morningstar

Quantitatively oriented courses

More advanced than
undergraduate-level courses

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

MODULE 1 MODULE 2 MODULE 3

COURSE 1 Financial Economics Corporate Fin. Derivatives

COURSE 2 Capital Markets Investments Fin. Statements

MODULE 4 MODULE 5 MODULE 6

COURSE 1 Advanced Corporate Risk Management Fundamentals

COURSE 2 Fixed Income M&A

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Desautels Capital Management Inc. (DCM)

Real investment company
Licensed and regulated
Independent Board of Directors
100% owned by McGill
Manages money for external accredited investors

Established in 2009

$3.5 million under management

Alpha2 Equity Fund (managed by MMF students)
Global Equity Fund and Fixed Income Fund (managed by HIM students)

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Desautels Capital Management Inc. (DCM)

Students work as financial analysts
Join the company upon your arrival in July
Receive a crash course on investment management and valuation

Students attend specialized workshops throughout the program

Accounting and Financial Modelling
Matlab programming
Bloomberg and Capital IQ

Students meet twice per week throughout the program

As a group with a faculty member
Present an industry overview or a stock/strategy pitch

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Desautels Capital Management (DCM)

Learn by doing and put theory into practice

Students are responsible for the fund

Perform research analysis and due diligence
Debate ideas with classmates
Determine trades
Place trades with broker
Monitor and evaluate holdings on an ongoing basis
Communicate important news to the entire class
Manage Risk

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Desautels Capital Management (DCM)

Students run the company

Keep up to date with current market events

Master every single aspect of the business

Financial regulation and compliance
Trading orders and execution
Back office settlement
Filing financial statements for the Company and the Fund
Marketing
Investor relations

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Research project
Customized project
4-months long (February to June)
Supervised by a faculty member

Objectives
Develop an original idea: trading strategy, analytical method, event study
Consolidate your theoretical and practical knowledge in finance

Benefits
Develop a unique expertise
Create a deliverable product that shows your skills in the job market

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Pro-seminars
Meet the pros on a regular basis
Learn from the most successful professionals in finance
Understand the finance job market
Build your network

Mix of junior professionals and top leaders

Recent Speakers at McGill Desautels

Mike Durland, CEO, Scotia Bank Global Banking & Markets
Mark Hantho, Global Head, Deutsche Bank Equity Capital Market
Neil Murdoch, COO, Aston Hill Financial
Richard Leibovitch, CEO, Arel Capital
Tullio Cedraschi, President and Chief Executive Officer of CN Investment Division
Nicolas Patard, Managing Director, Global Equity Derivatives ,National Bank of Canada
Rafael Barroso, VP Playster
Anastasios Avgeriou, Chief Strategist, BCA Research

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Case competitions
Participate in International Competitions
International Risk Management Competition (PRMIA)
Rotman International Trading Competition (RITC)
International Valuation Challenge (CFA)
Harvard Financial Analyst Symposium
National Investment Banking Competition

Excellent hands-on experience

Work under pressure on realistic simulations
Work as a team
Opportunity to shine and gain visibility

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Career prep
MMF Career Workshops early Fall
Prepare for the first job market in Oct - Nov

Toronto trip
Meet alumni and employers

MMF Program director dedicated to student placement

Benefit from Desautels Career Services and Events

Job fairs, CEO speaker series

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Tuition Comparable Total Cost

Master (CAD)
Tuition and Fees
Tuition: CAD 45,000 Toronto Rotman 42,500 57,500
University fees (estimated): CAD
4,000 York Schulich 55,191 70,095
MIT Sloan 99,534
Financial Aid
Awards and Scholarships UC San Diego 82,576
Up to CAD 20,000, based on profile
Ability to get access to loans Oxford 67,071

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

High Return on Investment

Salaries in Investment Banking (SD)

800K

700K

600K
385K
500K

400K

300K 192K

200K 96K
337K
43K
100K 216K
19K 164K
115K
76K
0K
Analyst Associate Vice-President Director Managing Director
Salary Bonus

Source: Crowe, P. (2015, September 08). So you want to be a Wall Street banker? Here's how much you will get paid.
Retrieved August
September 12, 2016, from http://www.businessinsider.com/what-wall-street-bankers-make-2015-9
24, 2016 For July 2017 Cohort
 Masters of Management
in Finance

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Application: Requirements
Bachelor degree
Probably in Science, Engineering, Economics, or Commerce

Pre-experience program
Relevant work experience is not a requirement

Standard Application Package

Essay questions
Two letters of reference
Transcripts
GMAT or GRE except for students with a degree from a Canadian university
CV
Proof of English Proficiency

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

Application: Timeline
4 application deadlines
1st round: November 15, 2016
2nd round: January 15, 2017
3rd round: March 1, 2017 (final deadline for international students)
4th round: March 31, 2017 (Canadian citizens and perm. residents only)

Admissions are on a rolling basis: Apply early!

Candidates may be invited for an interview

Start of classes: July 17th, 2017

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

What our students say?

"I chose the MMF program because you get the best of both worlds: in-class teaching from one of the
most established Finance faculties in Canada and hands-on learning of quantitative methods and
fundamental investing from Desautels Capital Management. The program is rigorous but rewarding,
benefitting those with a strong momentum to explore Finance, despite coming from non-finance or
finance backgrounds.
- Tian (Tina) Yang, Bachelor of Mathematics, University of Waterloo

I attend weekly pro-seminars with industry leaders, identify lucrative equity investments, and engage in
other activities that give me hands-on experience that will be an asset when I begin my career. This
program challenges me every single day in one form or the other, but I believe that this is an essential
ingredient to success in finance. It is thrilling to be a part of this journey.
- Vivek Sharma, Bachelor of Business Studies, University of Delhi

I chose the program as a way to bridge the gap between my undergraduate education and a career in
finance. The program has been fast-paced and challenging so far, but also invigorating. Only one month
in, and I'm already more prepared to enter the workforce than before.
- Kisa Giebink, BSc. Agro-Environmental Sciences, McGill University

September 24, 2016 For July 2017 Cohort

 Masters of Management
in Finance

More information

MMF website: www.mcgill.ca/desautels/programs/mmf

MMF email: mmf.mgmt@mcgill.ca
Karen Robertson: (514) 398 2623

September 24, 2016 For July 2017 Cohort