Finance

Course Description

FIN 205 Personal Financial Management (3,0,3) Practical and realistic methods to manage personal finances effectively; buying and selling, negotiating, investing, insuring, and planning; valuing stocks and bonds; retirement investing and buying insurance for property and self. PREREQ: sophomore standing.

FIN 305 Principles of Finance (3,0,3) Basic concepts in finance including security markets, interest rates, taxes, risk analysis, time value of money, security valuation, short term financial planning, capital budgeting, and capital structure. PREREQ: ACC 205 or ACC 200-201, MAT 212, and junior standing.

FIN 315 Financial Management (3,0,3) Financial management concepts relating to dividend policy, capital structure theory, working capital management, common stock and bond issuance, hybrid financing, mergers, and acquisitions. PREREQ: FIN 305.

FIN 320 Financial Planning Process and Taxation (3,0,3) Practical approach to basic tax structure pertaining to individuals and businesses and its importance in financial planning; individual financial planning decisions and their tax implications. PREREQ: FIN 205, FIN 305, and junior standing.

FIN 325 Capital Budgeting (3,0,3) Principles of capital budgeting applied to project evaluations in a case study environment; decision making under certainty and uncertainty, ranking techniques, cost of capital estimation, and hurdle rates; abandonment decision; leasing alternative; role of capital budgeting in the strategic decision making process of the firm. PREREQ: FIN 305.

FIN 335 Working Capital Management (3,0,3) Management of short term assets and liabilities; determining the optimal holdings of cash, inventory, and accounts receivables as well as their financing; cases used extensive use of cases to relate concepts to actual decisions made by firms. PREREQ: FIN 305

FIN 345 Investment and Security Analysis (3,0,3) Structure and regulation of security markets, capital market theory, portfolio theory, analysis of securities and opportunities, evaluation of portfolio goals, sources of investment information, and introduction to derivatives. PREREQ: FIN 305.

FIN 355 Principles of Risk Management and Insurance (3,0,3) Fundamental principles of risk and insurance; applications to risk situations and pension and group insurance. PREREQ: FIN 305.

FIN 365 Financial Markets and Institutions (3,0,3) Securities markets, savings and loan associations, insurance companies, pension funds, credit unions, broker dealer operations, and government agencies and their role in the economy. PREREQ: FIN 305.

FIN 375 Commercial Bank Management (3,0,3) Management processes and operations in commercial banks; economic significance of the commercial bank industry and its contribution to business development. PREREQ: FIN 305.

FIN 385 Financial Planning Process and Estate Planning (3,0,3) Theoretical and practical approach to estate planning; estate and gift taxes, wills, trusts, and estate planning techniques and application of these techniques in overall financial planning. PREREQ: FIN 205, FIN 305, and junior standing.

FIN 390 Selected Topics in Finance (3,0,3) Specialized topics of faculty and student interest. Topics vary and may include advanced derivative securities, financial engineering, advanced corporate finance, advanced financial planning, financial ethics, and risk management. May be repeated for a maximum of 6 semester hours if topics differ. PREREQ: FIN 305, and junior standing.

FIN 405 Derivative Securities (3,0,3) Definition and explanation of various risk transfer devices such as options involved in trading these securities, hedging and speculating with options and futures, supervision, regulation, and tax consequences of futures and options trading. PREREQ: FIN 305; certified major in any business program.

FIN 415 International Finance (3,0,3) Financial decision making process in a multinational environment, effects of devaluation expectations, foreign exchange, investment controls; case study materials related to actual decisions by multinational firms. PREREQ: FIN 305; certified major in any business program.

FIN 425 Quantitative Techniques in Finance (3,0,3) Statistical models, tools, and techniques used in financial analysis and forecasting employing various financial and statistical software packages; case studies approach used extensively. PREREQ: FIN 305, FIN 315, and certified major in any business program.

FIN 435 Case Studies in Corporate Finance (3,0,3) Analysis of finance problems through use of case studies; oral and written presentations of case solutions. PREREQ: FIN 305, FIN 315, and certified major in any business program.

FIN 445 Retirement Planning and Employee Benefits (3,0,3) Concepts of retirement planning and employee benefits and the application of these concepts to overall financial planning for individual and businesses. PREREQ: FIN 320 and certified major in any business program.

FIN 497 Independent Study in Finance (3,0,3) Student investigation of a topic or completion of a project. Topics, meeting times, and outcomes arranged with instructor. PREREQ: FIN 305, FIN 315, certified major in any business program, and consent of instructor.

FIN 625 Financial Management (3,0,3) Financial management and decision making for the corporate financial manager; valuation principles, financing and investment policies, cost of capital, capital structure, and dividend issues. Open only to students in MBA program. PREREQ:  MBA 610, MBA 612, SPE/ENG 603, or consent of MBA director.

FIN 630 Investments and Security Analysis (3,0,3) Capital and securities market theory; structure and regulation; analysis and valuation of fixed and variable return securities including basic derivatives; portfolio selection and management; empirical studies of portfolios and individual stock price movements.  Open only to MBA students.  PREREQ: FIN 625.

FIN 640 Derivative Securities (3,0,3) Study, analysis, and valuation of various forms of derivatives markets; use of derivatives and strategies for hedging risk or for speculation.  Open only to MBA students.  PREREQ: FIN 625.

FIN 660 International Finance (3,0,3) Financial decision-making and analysis in a multinational environment; currency valuation and exchange rates; effects of expectations and economic variables such as interest rates and inflation on exchange rates; types of risks and use of derivatives to hedge international exposure.  Open only to MBA students.  PREREQ: FIN 625.

FIN 694 Selected Topics in Finance (3,0,3) Study of a selected contemporary area in finance; topics listed in Schedule of Classes. Repeatable for a maximum of 6 semester hours if topics differ. Open only to MBA students. PREREQ: FIN 625.

FIN 699 Independent Study in Finance (3,0,3) Specialized aspect or topic in finance chosen by student and appropriate faculty member.  Subject to academic regulations pertaining to independent study as given in MBA catalog.  Open only to MBA students.  PREREQ: FIN 625.