FINANCE (FIN-Business)

Note: Course numbers at two levels (401/501) may be taken for either undergraduate or graduate credit. Graduate students must complete additional work to receive graduate credit.

401/501 Principles of Investments and Security Markets (3)

Emphasis on investment methodology, investment risks, and security selection. Introduction to security analysis, security valuation, and portfolio management; for the individual investor. Prerequisite: DSC 205 and FIN 301 or equivalent.

402/502 Fixed-Income Portfolio Management (3)

Consideration of securities portfolio management objectives and techniques; investment risks, and diversification strategy. Detailed consideration of bond portfolio management, mathematics of bond yields, and interest rate environment. Individual and group participation required. Prerequisite: FIN 401 or 501.

408/508 Commercial Bank Management (3)

Operations of financial institutions. Identification and analysis of problems of financial institutions within our changing environment. Consideration of competition and growth, profitability, capital, and regulation. Emphasis on commercial banking. Prerequisite: FIN 302 or 618 or 625 or permission of instructor.

417/517 International Business Finance (3)

An introduction to the macro and market environments in which multinational firms operate and the additional risks they confront in a multi-currency world. Emphasis is on the decision-making process with an international perspective. Prerequisite: FIN 301 or equivalent.

451/551 Risk Management and Insurance (3)

Risk management, including risk analysis and identification, handling techniques, contract evaluation, and current issues in property and liability areas. Prerequisite: FIN 301 and 351 or permission of instructor.

452/552 Life Insurance and Advanced Personal Financial Planning (3)

Covers the integration of life insurance within broader scope of an individual’s personal financial planning activities and integration of social security benefits within personal financial planning. Use of a microcomputer and electronic spreadsheet software required. Traditional life insurance topics such as differences in policies, premium calculations, and legal relationships covered. Prerequisite: FIN 351 or permission of instructor.

463/563 Employee Benefits (3)

Provides description of pension, group life and health, individual retirement, and other benefit plans. Discusses importance of these plans to achieving business and societal goals. Cross-listed with MGT 463/563. Prerequisite: FIN 301 or permission of instructor.

625 Managerial Finance (3)

Introduces M.B.A. student to essentials of the finance functions of the organization. Emphasis on analysis of financial statements and understanding of the time value of money.

628 Capital Acquisition (2)

Develops the M.B.A. students’ understanding of the capital acquisition process as part of the extended enterprise. The course examines the role that financial markets and processes play in the formation of value, and value creation’s impact on profitability as the firm acquires capital.

655 Analysis of Business Finance and Investments (3)

Furthers understanding of the finance functions for the M.B.A. student. Course has three interrelated themes: 1) acquisition and management of long-term sources of finance, 2) acquisition and management of short-term assets and financing, and 3) utilization of the capital markets where financial assets issued by corporations are bought and sold.

671 Corporate Financial Policy (3)

Theory of managerial finance, capital budgeting, financial leverage, capital structure, valuation, cost of capital, dividend policy, liquidity analysis, financial analysis, and short-term financial management. Prerequisite: FIN 618 and 625.

672 Investment Management (3)

Investigation of asset pricing theories, traditional valuation models and security analysis. Coverage of stocks, bonds, and derivative securities from a portfolio manager’s perspective. Prerequisite: FIN 401/501.

673 Contemporary Issues in Finance (3)

Current developments in financial research, theory, and literature discussed in a seminar manner. Topics selected from areas of interest to both academic and professional communities. Offered infrequently.

700 Thesis (3-6; minimum 3, maximum 6)