B.S. in Finance

UNDERGRADUATE STUDY

COURSE CONTENTS

Fall Semester

Spring Semester

Fall Semester

Spring Semester

COURSE DESCRIPTION

FIN 101: Principles of Finance:

Principles underlying managerial decisions influenced by capital structure and type of ownership; problems related to sources of financing; the tools of financial analysis and financial management; integration of economic theory and accounting. Not open to College of Business majors.

FIN 110: Investments I:

Introduction to various investment media and markets from the viewpoint of the individual investor. Emphasis on mechanics of trading, behavior of security prices, corporate stocks and bonds, mutual funds, individual asset and portfolio selection techniques, and performance evaluation.

INS 111: Insurance Principles:

Survey of financial programs providing income to offset the perils of retirement, disability, disease, premature death, and unemployment. Life and health insurance as a major social institution, with private and governmental sectors. Emphasis on diverse viewpoints of insurance providers, regulators, and consumers.

IBA 101: Principles of International Business:

This course familiarizes students with the multidimensional macro-environment of international business and teaches them the tools necessary for the analysis and evaluation of diverse problems within that environment. Basic principles and issues of international economics are introduced as well as global aspects of politics and culture. The different managerial functions within a multi-national firm are examined. Prerequisite ENG 101

MATH 112: Survey of Mathematics I:

A course designed to acquaint students with problem-solving strategies, sets and applications, logic, arithmetic in different bases, real number system, and algebra. Prerequisite: Two units of high school mathematics. PrerequisiteECO 102

ACC 101: Introductory Accounting:

An accelerated introductory course stressing the essential elements of accounting skills that will be used in the master's degree program. Managerial uses of accounting data and preparation of financial statements will be covered in this course. Course satisfies program prerequisite of financial accounting for master's degree programs. PrerequisiteACC 103

MATH 121: Survey of Mathematics II:

A course designed to acquaint students with consumer mathematics, geometry, mathematical systems, introduction to probability and statistics, and an introduction to computers.

PrerequisiteENG 102

Prerequisite PSY 101

FIN 126: Investments II:

A comprehensive survey of the classical and contemporary theories of optimum portfolio construction; determinants of risk-return trade-off in selection of securities; emphasis on the theory and evidence of efficient capital markets and implications for security selection and portfolio management.

IMS 101 : Computers for Learning:

General Education Course (Basic Required Courses). Fundamental computer concepts including word processing spreadsheets, assessing information and the responsible use of information and technology.

FIN 201: Urban Fiscal Policy:

A detailed examination of the financing of local governments, suburbs, and center cities within the metropolitan economy.

FIN 211: Internal Review for Financial Institutions:

Introduction to the methodology of internal auditing for financial institutions. Topics include monitoring and verification of financial, operational, and control procedures.

FIN 213: Business Finance:

A survey of the essentials of finance and its environment. Financial management as it applies to organizations, ratio analysis, leverage, working capital management, capital budgeting, capital structure, and other concepts as they apply to business organizations. Course satisfies program prerequisite of finance for master's degree accounting program

ESM 201: Real Estate Principles I:

Real estate ownership and interests, contracts, title transfer, deeds, mortgage instruments, and leases. Brokerage, real estate development, property management, and appraising

FIN 214: Introduction to Corporate Finance:

This course provides an introduction to the theory, the methods, and the concerns of corporate finance. The concepts developed in Corporate Finance form the foundation for all elective finance courses. The main topics include: 1) the time value of money and capital budgeting techniques; 2) uncertainty and the tradeoff between risk and return; 3) security market efficiency; 4) optimal capital structure, and 5) dividend policy decisions.

FIN 215: Personal Finance:

A study of personal finance topics from the consumer and societal perspectives. Topics include the preparation and interpretation of personal financial statements and budgets, the time value of money, personal saving, financial market and investment fundamentals, the effective use of consumer credit, personal bankruptcy, insurance principles, automotive and housing decisions, principles of personal taxation, and retirement planning. This course will provide students with the concepts and critical thinking skills to understand the effects of financial decisions on individuals, families, and society.

FIN 218: Fixed Income Securities.

Valuation of fixed income securities, including pricing conventions, term structure of interest rates, default, duration, and hedging of interest rate risk. Analysis of active and passive investment strategies for managing fixed income portfolios.

FIN 220: Business Economics:

This course covers introductory microeconomics and macroeconomics with particular attention given to global and long-run growth issues. The microeconomic portion introduces the discipline and fundamental tools of economics. It proceeds to study the workings of a price system and theories of consumer and firm decision-making. It further analyzes particular market structures characterized by perfect and imperfect competition, reviews the strengths and weaknesses of a market economy, and considers the government's role in correcting market failures and promoting competition. The macroeconomic portion studies the domestic and international forces that govern the determination of the aggregate level of economic activity, and pays particular attention to the determinants of long-run economic growth and stabilization policies used to dampen business cycles. The course concludes with global issues including the determinants of trade, trade policy, capital mobility, international financial instability, and international economic integration and the extent of globalization.

FIN 221: Personal Finance:

Financial analysis planning and management for the individual. Topics include owning and financing a home, minimizing taxes, goals and strategies for investing, budgeting, savings plans, controlling expenses and credit usage, determining insurance needs, and planning retirement.

FIN 224: Career Planning In Finance:

Efficient job search techniques to help identify appropriate career opportunities. Preparation of resume, cover letters, business etiquette, business ethics, and mock interviews.

FIN 225: Introduction to Financial Markets and Institutions:

Introduction to the structure and operations of the United States financial system and its markets and institutions. Emphasis on developing and integrated understanding of markets and financial service providers including global linkages.

FIN 227: Personal Risk Management and Insurance:

Risk concepts and the use of insurance by individuals and families. Emphasis on the insurance mechanism and methods of dealing with income, property, and liability risks.

FIN 228: Monetary Economics and the Global Economy:

This is an intermediate-level course in macroeconomics and the global economy, including topics in monetary and international economics. The goal is to provide a unified framework for understanding macroeconomic events and policy, which govern the global economic environment of business. The course analyzes the determinants and behavior of employment, production, demand and profits; inflation, interest rates, asset prices, and wages; exchange rates and international flows of goods and assets; including the interaction of the real economy with monetary policy and the financial system.

FIN 229: Personal Investing:-

Overview of fundamental concepts of personal investing. Topics include types of investment securities, debt management, retirement and estate planning, insurance planning, overview of the Social Security system, societal implications of investment, and related topics.

FIN 301: Capital Markets:

Capital formation, rates, markets and institutions. Flow of fund analysis, intermediation, interest rate structures, risks and liquidity. Management of financial institutions.

FIN 311: Working Capital Management and Cash Budgeting:

An introduction to working capital management and policy issues in general and how to manage short term assets and liabilities in particular. Cash forecasting and budgeting and short term investing and financing will be the focus of the course.

FIN 313: Intermediate Financial Management:

An intermediate-level, lecture-discussion course in corporate finance. Topics include: cash budgeting, capital budgeting, business acquisition and mergers, cost of capital, and international finance.

FIN 314: The Consumer in the Legal and Economic Environment:

Economic and ethical components of consumer issues integrated with consumer law. Economic, legal and regulatory environment of consumers for disputes regarding fraudulent transactions, financial matters, personal and real property contracts, torts, credit and investment issues, and family relationships.

FIN 316: Entrepreneurial Finance:

This course introduces the non-business major to the finance function within the small business. Topics include financial statement analysis, financial planning and forecasting, asset valuation, the time value of money, capital budgeting, cost of capital, working capital, break-even, leverage, business plans, and venture capital.

FIN 317: Principles of Real Estate Appraisal:

An introduction to the study of real estate appraisal. Topics covered include data collection and analysis, neighborhood and regional analysis, land and building function and description, highest and best use analysis, land valuation and improved property valuation.

FIN 318: Personal Financial Planning:

A course designed to introduce students to most of the major personal financial planning problems that individuals and families encounter. Emphasis is placed on the financial planner's activities to assist individuals and families in creating personal financial statements and household budgets, developing effective money management practices, and addressing taxation, housing, credit, insurance, investment, estate planning and other important finance issues.

FIN 320: Financial Markets and Intermediaries:

An overview of the organization and operation of major financial markets including money, bond, mortgage, equity, derivative, and international markets, and financial intermediaries including lenders, insurance companies, pension funds, investment banks, investment companies, and real estate investment trusts.

FIN 331: Theory of Corporate Finance: Risk and return analysis.

An introduction to the capital asset and arbitrage pricing models. Analysis of capital budgeting, capital structure, dividend policy, leasing, mergers and divestitures.

FIN 334: Microstructure on Institution Services:

Capital markets ranging from securities trading to corporate financing through private placement and/or public offerings. In-class trading simulations. Various market trading structures; various financing techniques as permitted under the SEC regulations. Use of simulation software.

FIN 336: Monetary Economics and the Global Economy:

FIN 337: Financial Management:

An introduction to topics in corporate financial management, including financial markets, time value of money, asset valuation, risk and return, financial analysis and forecasting, capital budgeting, sources, and costs of capital.

FIN 328: Management of Banking:

A study of the management problems encountered in banking. The emphasis is upon the application of analysis and problem solving techniques to the solution of realistic problems and opportunities of individual banking institutions. The case study method is an integral learning technique.

FIN 329: Fundraising Principles and Practices for Nonprofit Agencies:

Comprehensive study of various funding sources for not-for-profit organizations. Explores relationships with umbrella organizations, techniques of fundraising, government funding, grantsmanship, budget control and accountability.

FIN 401: Bank Management Decisions:

Analysis of operations of depository financial institutions from management viewpoint. Emphasis on evaluating performance, policy formation, asset and liability management, the role of capital, and the operating environment.

FIN 411: Corporate Risk Management and Insurance:

Analysis of an organization's approaches to the management of price, credit, and pure risk. Emphasis on the consideration and selection of risk control and financing treatments and the decision making framework underlying the alternatives selected. Covers commercial insurance, self-insurance, and alternative financing arrangements.

FIN 413: Business Financing Decisions:

In depth study of the firm's external financing decision. Emphasis on the development of cash flow statements projected financing needs and the selection of the appropriate financing instrument. Focus on case studies and application of developed techniques on actual field project.

FIN 415: Working Capital, Management & Computer Application:

Analysis of working capital management and policy. Use of available software programs and financial models in computer-aided analysis of working capital management, financial forecasting, financial planning, capital budgeting, leasing problems, investments and other financial issues.

FIN 416: Financial Process and Policy:

Integration and application of financial process in business decision making through case analysis and study of articles written or sponsored by senior financial managers. The role of financial process and policy in creating stakeholder value.

FIN 418: International Finance:

An analytical approach with emphasis on foreign financial and marketing problems. Balance of payments position of the United States and the interrelationships among developing countries. Procedures of overseas business development and distribution.

FIN 419: Financial Markets and Institutions:

Study of the types and functions of financial institutions and the operation of financial markets. Organization and operation of deposit accepting and other financial intermediaries. Role of government regulatory agencies such as the Federal Reserve, the FDIC, and others.

FIN 420: Treasury and Credit Management:

Application of major issues in working capital and short-term financing management. Integration of financial concepts and financial models through electronic spreadsheets and other relevant technology to provide expertise in the area of short-term financial management while enhancing the student's analytical skills. Topics include cash budgeting, pro forma statements, and other techniques of analyzing current assets and liabilities.

FIN 434: International Financial Management:

This course is designed to survey how the key concepts of business finance can be applied in the context of a multinational firm. Topics include: the nature and functioning of the foreign exchange market, parity conditions, foreign exchange risk management, and international investment and financing decisions.

FIN 427: Financial Forecasts & Budgets:

Forecasting in financial management; construction and interpretation of economic forecasts for the economy, industry and the firm; construction and interpretation of financial plans; evaluation of capital acquisition decisions under certainty and uncertainty.

FIN 428: Theory & Practice of Personal Financial Planning:

Developing, implementing and monitoring comprehensive personal financial plans. This Includes risk management, investments, taxation, retirement and estate planning, as well as professional practices

FIN 429: Financial Analysis for Investment & Lenders:

Interpretation of financial statements from the perspective of both the financial analyst and the creditor. Emphasis on the economic meaning of financial statement data for the purpose of valuing the firm's securities

FIN 499: Research Project