Finance Courses

 

Finance (FIN)

101 Personal Finance (3 hours)
This course describes the study of methods for planning and building financial resources, which can meet the goals of the individual and her (his) household throughout the changing life cycle. Focuses on money and property management, budgeting, income generation, asset protection, tax considerations, and estate planning.
Offered Fall, Spring

301 Business Finance  (3 hours)
This course shall focus attention on the tools and concepts for financial decision making in five broad areas: financial management, valuation of financial assets, capital budgeting, capital structure, and working capital management. The study includes the time value of money, capital budgeting, sources of long-term capital and short-term financial management. Other topics will address financial ration analysis, organization of financial markets, and international (global) finance.
Prerequisites: ACC201, ECO221, ECO222   Offered Fall, Spring
 
314 Risk Management and Insurance  (3 hours)
Study of the content and application of uncertainty, risk, and the management of risk (selecting among “reduction, assumption, or transfer” techniques). The application of risk management to individuals, businesses, and the public, focusing on insurance and its remedies for risk.  
Prerequisite
: FIN301  Offered Spring

390 Special Topics  (3 hours)
Topics will vary. 
Prerequisite
: FIN301, Permission of Instructor
 
421 Investments  (3 hours)
The study of the institutions, instruments, markets, and theories of valuation and investment. Students shall be exposed to the valuation of debt (bonds) and equity (stock) instruments, including derivatives. Other topics shall include the Capital Asset Pricing
Model (CAPM), the Capital Management Line (CML), the Security Market Line (SML), the Efficient Market Hypothesis (EMH) portfolio theory, and international diversification.
Prerequisite: FIN301   Offered Fall
 
426 International Finance  (3 hours)
The study of the institutions, concepts, and instruments of international finance. Current and past international monetary systems shall be discussed. Special attention shall be directed to consideration of accounting, finance and taxation differences global com­panies (multinational companies – MNCs) experience in the domestic and foreign economies. Other topics shall include the deter­mination of exchange rates and their macroeconomic linkages, the effect of exchange rates on current and capital account balances, and the techniques global companies can engage in to hedge exchange rate risk.
Prerequisite: FIN301 or concurrent   Offered Spring odd numbered years
 
470 Internship  (3 hours)
Provides the student actual experience in applying the concepts, principles, and rules of finance in real-world circumstances. Hours and work assignments are arranged with the business or organizational sponsor on an individual basis.
Prerequisite: FIN301, Permission of Dean