Sessional Lecturer - MMF: Introduction to Financial Industry; Section LEC

Sessional Lecturer – MMF
1910H:
Introduction to Financial Industry (Section LEC 0101)

Faculty/Division: Faculty of Arts & Science
Department: Dept of Economics
Campus: St. George (Downtown Toronto)

Course

Description:

This course will introduce you to fundamental concepts inherent in financial systems. In order to discuss some of the most important concepts currently debated in finance, for example, “Main Street vs Wall Street”, Central Bank Digital Currencies/Stable Coins, etc., we firstly need to discover the connections between financial institutions and economic well‑being. We will examine the critical role of healthy banks, efficient asset markets and monetary policy.

We will examine how commercial banks operate, examine the sources from which banks acquire their funds and how they use the funds they acquire, as well as how assets and liabilities function within banks. Commercial banks facilitate borrowing and lending, which provide valuable services to each party. Once these fundamentals are introduced, we will explore stock market bubbles and how asymmetric information affects financial markets.

All of these topics should set us up to understand and explore the impact of the recent market events like trade wars and a global pandemic on markets and other critical discussion topics.

Estimated enrollment: 30

Class

Schedule:

Monday 5:00‑8:00 pm, Thursday 5:00‑8:00 pm.

Sessional dates of appointment: August 17, 20, 24, 27, 2026.

Salary (per Section): $4,910.35 Sessional Lecturer I; $5,255.02 Sessional Lecturer I – Long Term; $5,255.02 Sessional Lecturer II; $5,380.14 Sessional Lecturer II – Long Term; $5,380.14 Sessional Lecturer III; $5,515.18 Sessional Lecturer III - Long Term.

• Advanced degree in Mathematical Finance
• Industry experience in asset markets, monetary policy, asset liabilities and financial markets
• Prior experience teaching this course (or a similar course) at the university level
• Ability and experience teaching large classes

• Industry experience in Canadian banking institutions and pension funds

• Preparation and delivery of lectures in this course
• Preparation, supervision and grading of tests and examinations in accordance with university regulations
• Providing scheduled office hours for academic counseling of students

Applicants should submit an updated curriculum vitae, name and contact information of two referees or reference letters, evidence of teaching in the relevant area, including student evaluations if available, and the CUPE 3902 Unit 3 application form located at

The University of Toronto embraces Diversity and is building a culture of belonging that increases our capacity to effectively address and serve the interests of our global community. We strongly encourage applications from Indigenous Peoples, Black and racialized persons, women, persons with disabilities, and people of diverse sexual and gender identities. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences, and expertise are essential to strengthening our academic mission.

The University strives to be an equitable and inclusive community, and proactively seeks to increase diversity among its community members. Our values regarding equity and diversity are linked with our unwavering commitment to excellence in the pursuit of our academic mission. The University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). As such, we strive to make our recruitment, assessment and selection processes as accessible as possible and provide accommodations as required for applicants with disabilities.

If you require any accommodations at any point during the application and hiring process, please contact