De La Salle University - Manila

CBE Undergraduate Degree Programs

Bachelor of Science in Commerce major in Management of Financial Institutions (MFI)

The Management of Financial Institutions (MFI) Program was launched in 1976 to answer the financial management needs of Philippine financial intermediaries and other Philippine businesses. While the major focus of the original program which seeks to develop graduates with excellent decision making, problem solving and analytical abilities remain basically unchanged, the present program aims to support the MFI vision in response to the formidable challenges of the financial services industry.

The MFI vision is to position DLSU as a leading institution offering formal training for future financial service career executives responsive to the changing needs of the financial service businesses in the Philippines and the Asia-Pacific Region. The present program aims to train and develop future managers and professionals on the various skills, applied principles and strategies necessary for effective decision making. Specifically, the program intends to strengthen the graduates’ foundation on the quantitative and empirical research tools; sharpen their understanding of changing financial regulations, markets, products and risks; deepen their appreciation of the functional management areas in the more specialized financial services disciplines (such as investment banking, treasury management and risk management), and allow them to integrate disciplines from strategic perspectives.

Accounting for Financial Institutions (FINACCT)
3 units
A course covering the special features problems in accounting for financial institutions particularly: life and general insurance companies, investment houses, finance companies, banks, and stock brokerage firms.
Pre-requisite: Financial Management 1

Account Management (FINACMA)
3 units
This area is concerned with the wholesale corporate segment of the financial intermediation business. The concentration of the course is the traditional commercial bank management of core credit relationship of the bank with the prime and middle market (including Chinese and other Ethnic accounts) private corporations, government sector, as well as as SMES. The topics include the risk asset management process, local and foreign currency credit facilities, account profitability analysis (APA), remedial/workout management, loan operations management, and specialized lending.
Pre-requisite: Introduction to Banking

Consumer Banking (FINCOBO)
3 units
The course deals with the retail or personal segment of the financial intermediation focusing on the management of business relationships of a bank with households and individuals. Topics include mortgage, lending, credit cards, electronic cash management/funds transfers, custodianship services, mutual funds, and private banking services. Various types of products and their features including marketing strategies and operational aspects are discussed. Expert practitioners from the industry are also invited to share their experiences and perceptions as to the future directions of the largely technology-driven consumer banking field in the country and abroad.
Pre-requisites: Introduction to Banking

Finance Practicum (FINFRAC)
0 unit
This is an on-the-job training of senior students who are expected to primarily have on the job application of learnings and exposure in the industry for at least 150 hours. At the end of the practicum, the immediate supervisors are required to evaluate and rate the students on their actual work performance. This course is a pre-requisite for graduation.

Financial Controllership (FINCONT)
3 units
A course in the controllership function in a business organization with focus on financial institutions (banks, investment houses, finance companies, stock brokerages, and insurance companies). It covers the management of data and information, the systems of control through operating and capital budgets, tax administration, protecting of assets, and general internal control systems and procedures.
Pre-requisites: Introduction to Banking, Non-bank Financial Intermediaries

Financial Management 1 (FINAMA1)
3 units
An introduction to financial management, which includes quantitative tools and techniques of financial analysis, the use and interpretation of financial rations, horizontal and vertical analysis, break-even analysis and operating leverage, the sources and uses of funds, master budget preparation for financial planning, short-term financial decisions and techniques for cash, accounts receivable, inventory management, sources of short term financing.
Pre-requisites: ACTTWO B, COMPAC 2, BUSMATH

Financial Management II (FINAMA2)
3 units
An advanced course in financial management, it covers the more complex aspects of financial decisions such as medium to long term investments, capital budgeting under uncertainty, debt versus equity financing, cost of capital, dividend decisions, valuation, lease versus purchase options, options pricing and mergers and consolidation issues. Students are likewise exposed to some applications of concepts to financial and non-financial enterprises.
Pre-requisite: Financial Management 1

Insurance Management (FINSURE)
3 units
Finsure deals with the basic principles of life and non-life insurance underwriting/actuarial science. It also deals with various insurance products and services as well as the management of insurance company funds. A review of Philippine government rules and regulations governing life and non life insurance including but not limited to risk retention, tariff, reinsurance capacity and investible reserves is undertaken. The role of the insurance industry in capital markets developments is also discussed.
Pre-requisite: Non-bank financial intermediaries

International Banking and Finance (FININTE)
3 units
Fininte provides the student with tools of international financial management from both a financial institution or non-financial corporation perspective. It aims to familiarize the future global finance manager with the international financial environment such as the foreign exchange market, Euro-currency and Euro-bond/equities market, international monetary system and the international banking system necessary in making global financing decisions. Other topics included are import and export financing, country risk analysis, currency trading and foreign exchange exposure management, multinational banking, and international capital budgeting and working capital management.
Pre-requisites: Introduction to Banking, Non-bank Financial Intermediaries, Investment Analysis and Portfolio Management

Introduction to Banking (FINBANK)
3 units
A basic course in the management of financial institutions, it provides an overview of the major businesses and support functions of universal banks, savings and thrift banks, rural and development banks. The concentration is on the fundamental management aspects of banking with particular emphasis on the asset and liability management, liquidity management, capital management, pricing of assets and liabilities, marketing management, operations management, including risks and controls in various aspects of the business.
Pre-requisites: Financial Management II, Accounting for Financial Institutions

Investment Analysis and Portfolio Management (FINVEST)
3 units
A study of the fundamental theories of optimal portfolio selection, investment evaluation, securities valuation, industry and company analysis in relation to stock market operations, management of fixed income investments, international portfolio diversification. The course also includes applications to bank portfolio management.
Prerequisities: Financial Management II, Accounting for Financial Institutions

Investment Banking (FINESBA)
3 units
This course is designed to provide the future financial service manager with an in depth understanding of debt and equity underwriting, mergers and acquisitions, venture capital, loan syndications, financial packaging, project finance, financial advisory, and risk management derivative products such as swaps, options and futures and other off balance sheet hedging products. Also covered are topics of special importance to the country such as privatization deals, BOT schemes and municipal bond financing.
Pre-requisites: Account Management, Treasury Management

Methods of Business Research (FINARES)
3 units
The course focuses extensively on the preparation of a business research paper and ultimately the thesis proposal. It provides the necessary framework for designing and conducting empirical works as well as preparing industry and feasibility studies. Topics include objective setting, problem definition, formulation of hypotheses, survey of related literature, theoretical framework, methology, data collection and processing, hypothesis testing, presentation and interpretation of results.
Pre-requisites: Quantitative Methods in Financial Management, Introduction to Banking, Non-bank Financial Intermediaries, Investment Analysis and Portfolio Management, International Banking and Finance

Non-Bank Financial Intermediaries (FINTERM)
3 units
A course on the fundamentals of the financial markets and intermediation, organization of the money and capital markets, characteristics of money and securities market instruments, issuance and trading of securities, regulatory and tax aspects of money and securities dealership, market making, interest rates and price/yield determination of securities, technical and fundamental analysis of interest rates and security prices, gapping, riding the yield curve, duration analysis, portfolio immunization, investing in mutual and trust funds.
Pre-requisite: Financial Management II, Accounting for Financial Institutions

Practicum for Financial Management majors (FINACUM)
3 units
An integrating course for business students majoring in the Management of Financial Institutions. The student is expected to complete and defend his undergraduate thesis which may be a project feasibility study, industry study, basic business research, case study or corporate/business planning study. This course is pre-requisite for graduation

Quantitative Methods in Financial Management (FINQUAM)
3 units
A course in linear algebra, basic differential and integral calculus, sampling and inference techniques, multivariate regression analysis and computer applications of time series processor, discriminant analysis, systems analysis software and other financial softwares with extensive applications to financial model building and simulation. The course is designed to prepare students for quantitative approaches utilized in support of the decision making and problem solving of financial institutions.
Pre-requisites: Business Mathemathics, Business Statistics II

Special Topics in Finance (FINSPEC)
0 unit
A course designed to provide students with the significant developments in banking and finance. The carefully selected topics are aimed at updating students with the recent global and domestic issues, opportunities and challenges in the field of banking and finance. Distinguished practitioners in their respective fields are invited to conduct the seminar lasting from 2-3 hours per topic.

Strategic Planning for Financial Institutions (FINSTRA)
3 units
The course enables the student to have an integrated view of the management of a financial institution. Topics include corporate environmental scanning, situation audit, objective setting, strategy and tactics formulation, financial planning and control in the context of a periodic planning cycle. Case studies of planning in financial institutions will be extensively used. The profit/cost center performance via the transfer pool pricing management information requirements as well as designing the data base management system will also be discussed.
Pre-requisites: All major subjects except Practicum

Treasury Management (FINTREA)
3 units
The course aims to introduce the student to a more intensive discussion of the various domestic and international treasury functions, concepts and products of a financial institution. The topics include interbank trading, securities dealership, reserves and money position management, funds management, tax position management, pricing of Treasury products, FCDU management, foreign exchange exposure management, risks and controls in Treasury operations.
Pre-requisites: Introduction to Banking, Non-bank Financial Intermediaries, Investment Analysis and Portfolio Management

Trust and Funds Management (FINTRUS)
3 units
This course deals with the various products and nature of operations, marketing and administration of the trust and fund management department of a bank such as personal and private trusts, corporate and institutional trusts, common trust funds, investment management accounts (IMAs) and agencies other than IMAs. It likewise covers the investment/allocation of funds management assets. The recent innovations such as asset backed participation certificates, foreign currency trust funds management, real estate trusts and unit investment trusts will also be discussed.
Pre-requisites: Introduction to Banking