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Sessional Instructional Assistant: MGT 2261 - Financial Distress, Insolvency & Restructuring

Date Posted: 04/29/2025
Req ID: 42735
Faculty/Division: UofT Mississauga
Department: UTM: MMPA
Campus: University of Toronto Mississauga (UTM)

 

Description:

 

Course Description:  

This course aims to study the reasons why some firms find themselves in financial distress, alternative courses of action (including out-of-court and legal options) in response to financial distress, and the role of various stakeholders in the process.

 

Traditional business courses often deal with financially healthy firms. However, failure is an inevitable reality for many businesses.
 

The course intends to:


•    Help students understand how to diagnose corporate financial distress and analyze internal and external warning signals;
•    Help students understand the contractual tools used by creditors to monitor borrower performance, their accounting and reporting for problem loans, and likely actions upon violation of covenants;
•    Help students understand the salient reporting issues that often precede an insolvency filing, such as impairments and going concern opinions;
•    Help students understand the options available to companies in financial distress, including out-of-court restructuring;
•    Familiarize students with legal process for reorganizations and liquidations, and understand the accounting, governance, and financial decision-making issues that arise during and after emergence from insolvency;
•    Expose students to the potentially lucrative area of investing in distressed assets.


Course Title: MGT 2261 - Financial Distress, Insolvency & Restructuring

 

Number of positions: 1

 

Estimated course enrollment: 73 students

 

Estimated TA support: 120 hours

 

Sessional dates of appointment: July 7, 2025 - August 15, 2025

 

Salary: $52.26 + 4% vacation pay (CUPE dues deducted by accounting officer)

 

Qualifications: 

  • Graduate student in accounting

 

Description of duties: 

  • Marking assignments and exams
  • Invigilation (where required)

 

Application instructions: Please submit your application by completing the online Application Form. Your resume and transcript are required to apply.

 

Contact information:
Nadine Mcharafie, Program Coordinator  
nadine.mcharafie@utoronto.ca 
MMPA Program Office, Innovation Complex, Room 2202
University of Toronto Mississauga
3359 Mississauga Road
Mississauga, ON  L5L 1C6

Please submit your application no later than the closing date of the job posting.  Applications received after the closing date will not be considered. Only applicants who are chosen for a position will be contacted.

 

Closing Date: 05/20/2025, 11:59PM EDT
**

 

 

 

 

This job is posted in accordance with the CUPE 3902 Unit 3 Collective Agreement. 

 

 

 

 

 It is understood that some announcements of vacancies are tentative, pending final course determinations and enrolment. Should rates stipulated in the collective agreement vary from rates stated in this posting, the rates stated in the collective agreement shall prevail.  

 

 

 

 

 

 

Preference in hiring is given to qualified individuals advanced to the rank of Sessional Lecturer II or Sessional Lecturer III in accordance with Article 14:12 of the CUPE 3902 Unit 3 collective agreement.

 

 

 

 

 

 

Please note: Undergraduate or graduate students and postdoctoral fellows of the University of Toronto are covered by the CUPE 3902 Unit 1 collective agreement rather than the Unit 3 collective agreement, and should not apply for positions posted under the Unit 3 collective agreement.

 

 

 

 

 

 

 

 

All qualified candidates are encouraged to apply; however, Canadians and permanent residents will be given priority.

Diversity Statement

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.

As part of your application, you will be asked to complete a brief Diversity Survey. This survey is voluntary. Any information directly related to you is confidential and cannot be accessed by search committees or human resources staff. Results will be aggregated for institutional planning purposes. For more information, please see http://uoft.me/UP.

Accessibility Statement

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 uoft.careers@utoronto.ca.


Job Segment: Corporate Finance, Financial, Finance

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