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Masters of Management

in Finance

Starting June 2019


in Finance

McGill / Desautels / Finance

32nd University in the WorldQS World Rankings 2018

2nd in Canada and 18th worldwide for most employable graduatesTimes Higher Education Graduate Employability Rankings

Finance group has highest per-capita research productivity in Canada

30,000+ alumni network (Desautels)

Jean-François 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

Updated on August 14, 2018


in Finance

Why do the MMF?

• You have an interest in working in FinanceInvestment Banking, Asset Management, Corporate Finance,

Risk Management, Financial Consulting, FinTech...

• You have skills that could be valuable in finance professionsEconomics, Engineering, IT, Mathematics, Science, Management…

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

successfully apply to top jobs in Finance

The purpose of the MMF is to give you this training

1-year program

No work experience required



in Finance

Some Success Stories

Sarah McCulloughBSc. Psychology

Intern PSP Investments, Montreal

MFS Investment Management, Toronto

Intern BMO Capital Markets, Montreal

Intern Khazanah Nasional Berhad

(Sovereign Wealth Fund VC arm),

SF Bay Area

TD Investment Banking, Toronto

Tina YangB.Math

Scotia Wealth Management, Toronto

Mario HennesseyBCom. (Accounting)



in Finance

The MMF is a unique Program

1. Investment Training 11 courses + research project

Comprehensive program

Quantitative methods

Software expertise

Real-time trading simulations

Case competitions

3. Build a network and polish your profile Pro-seminars: learn from the best

Career workshops

Networking events

Case Competitions

2. Manage a real company McGill-owned Desautels Capital

management, $5M AUM

Communication with investors

Financial regulation and compliance

Trading orders and execution

Filing of financial statements

4. Exclusive education Small Cohort Customized experience

Highly interactive program

Direct access to Faculty & Career Services



in Finance

So, Why do the MMF?

To successfully pursue a 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



in Finance

Employment Stats Class of 2017

Placement within 6 months of Graduation 94%

Investment Management, 29%

Investment Banking, 12%

Consulting -Strategy, 12%

Consulting -Financial Advisory,

6%

Corporate Credit, 6%

Corporate Finance, 6%

Sales & Trading, 6%

Leadership Development/General Management, 6%

Operations/Supply Chain Management,

6%

Other, 12%

PLACEMENTS BY SECTOR



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Employment Stats Class of 2018

Placements up until August

EMPLOYERS

Air Canada

Alpine Macro

ATB Financial

Bain & Company (Paris)

Bell Canada

CAPREIT

Deloitte

HSBC

MacKinnon Bennett

Partner One Capital

Placement LouisbourgInvestments

Scotiabank

INTERNSHIPS

Bell Canada

British Columbia Investment Management Corporation (BCI)

Caisse de dépôt et placement du Québec (CDPQ)

DNA Capital

Partner One Capital

PSP Investments

RBC Capital

TD Canada Trust



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Cap. Mkts

JULY AUG SEPT OCT NOV DEC JAN FEB MAR APR MAY

COURSEWORK

FUND

RESEARCH

SEMINARS

COMPETITIONS

WORKSHOPS

JOB MARKET

Cap. Mkts

Cap. Mkts

Cap. Mkts

Cap. Mkts

Cap. Mkts

Cap. Mktsvv

Cap. Mkts

Program Structure



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Course work

6 modules 5 – 6 weeks per module

Classes on M-T and R-F

Exam in last week

Interactive and applied learning Cases, Trading Lab Simulations,

Bloomberg

Quantitatively oriented courses More advanced than

undergraduate-level courses



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

$5 million under management Alpha2 Equity Fund and SRI Fund (managed by MMF students)

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



in Finance


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

Students meet regularly throughout the program As a group with a faculty member

Present an industry overview or a stock/strategy pitch



in Finance


Learn by doing and put theory into practice

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



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



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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



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

Photo credit: Chiao Sun 2017



in Finance

Career prep

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

Toronto trip Meet alumni and employers

Benefit from Desautels Career Services and Events Job fairs, how to network, mock interviews, psychometric tests, resume and cover

letter prep…



in Finance

Tuition

Tuition and Fees Tuition: CAD 47,250

University fees (estimated): CAD

4,000

Study Trips (estimated): CAD 1,000

Financial Aid Awards and Scholarships

Up to CAD 20,000, based on profile

Ability to get access to loans

Comparable

Master

Total Cost

(CAD)

Toronto Rotman 44,280 – 61,880

York Schulich 59,800 – 76,400

MIT Sloan 101,380

UC San Diego 77,856

Oxford 73,183



in Finance

High Return on Investment

Salaries in Investment Banking (USD)

Source: Crowe, P., & Kiersz, A. (2016, August 18). So you want to be a Wall Street banker? Here's how much you'll get paid. Retrieved July 10, 2017, from http://www.businessinsider.com/what-wall-street-bankers-make-2016-8

76K115K

164K216K

337K

19K

43K

96K

192K

385K

0K

100K

200K

300K

400K

500K

600K

700K

800K

Analyst Associate Vice-President Director Managing Director

Salary Bonus



in Finance

Class of 2019



in Finance

Application: Requirements

Bachelor degreeProbably in Science, Engineering, Economics, or Commerce

Pre-experience programRelevant work experience is not a requirement

Standard Application Package Essay questions

Two letters of reference

Transcripts

Determine the equivalency of your degree

GMAT or GRE except for students with a degree from a Canadian university

CV

Proof of English Proficiency

Review the McGill English Language Proficiency requirements to

determine if you are exempt from taking a proficiency test.


http://www.mcgill.ca/gradapplicants/international/apply/equivalency

https://www.mcgill.ca/gradapplicants/international/apply/proficiency


in Finance

Application: Timeline

4 application deadlines 1st round: October 15, 2018

2nd round: January 15, 2019

3rd round: February 15, 2019 (final deadline for international students)

4th round: March 31, 2019 (Canadian citizens and perm. residents only)

Admissions are on a rolling basis: Apply early!

Candidates may be invited for an interview

Start of classes: June 2019



in Finance

More information

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

MMF email: [email protected]

Lauren Houghton: (514) 398 2623

Cynthia Wong: (514) 398 2623


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