Finance (FIN)

FIN 3310 Introduction to Finance

An introduction of the basic concepts and principles of finance. The material to be covered will include: financial markets and institutions, investments, and managerial finance.

Prerequisites: ACC 2302 with a grade of "C" or better; ECO 2301, and ECO 2302.

FIN 3311 Personal Finance

An introduction to the planning process for wealth accumulation. It is for business students only, and will examine: the definition of financial goals, the process and procedures for money management, the management of taxes, housing decisions, life, health and property insurance issues, and investment decisions. Retirement and estate planning are integral topics for each of the topics above.

Prerequisites: Junior standing.

FIN 3320 Financial Institutions&Markets

This course examines the various aspects of interest rates: the relationship between interest rates and security prices; instruments and functions of money; bond and stock markets; financial derivative markets; government influence on financial markets; the role of commercial banks and the regulatory system; international banking operations; and non-bank financial institutions.

Prerequisites: ECO 3310 or FIN 3310.

FIN 3330 Investments&Portfolio Mgt

An introduction to security pricing theories, security analysis, and portfolio theory and management. The material to be covered will include: securities markets and instruments, investment models, and international investment.

Prerequisites: FIN 3310.

FIN 3331 Risk Management

An introductory study of the nature of risk and risk-management and their effects on a commercial enterprise. The material to be covered will include: the goals of risk management, procedures to be used in the identification and measurement of risk (including probability analysis of data and facilities), a review of risk-management mechanisms and procedures, and the selection and implementation of these risk-management techniques.

Prerequisites: FIN 3310.

FIN 3333 Financing Business Ventures

This course provides an introduction to the sources of funds for business ventures including private placements, limited partnerships, qualified small company public offerings and guaranteed loans.

Prerequisites: FIN 3310.

FIN 3355 Principles of Real Estate

A general introduction to the theories, techniques and terminology of real estate. The material to be covered will include: real estate as a business and profession, the nature of the federal, state and local statutes that pertain to housing discrimination, equal credit opportunity, and community reinvestment.

Prerequisites: FIN 3310.

FIN 3360 Managerial Finance

An examination of short-term as well as long-term managerial financial decision. The material to be covered will include: working capital management, capital budgeting theory and analysis, capital structure theory and decisions, and dividend theory and policy.

Prerequisites: FIN 3310.

FIN 4199 Issues in Finance

Selected current topics for special study related to corporate finance, investments, financial institutions and markets, real estate and other finance related topics. May be repeated once when topic changes.

FIN 4299 Issues in Finance

Selected current topics for special study related to corporate finance, investments, financial institutions and markets, real estate and other finance related topics. May be repeated once when topic changes.

FIN 4370 Commercial Bank Mgt

An examination of the general management problems and policies of banks. The material to be covered will include: balance sheet management (liquidity, liabilities, spread management, and investment management), capital adequacy, cost of funds, bank profitability, planning and management systems, and the regulatory environment.

Prerequisites: ECO 3310 or FIN 3310.

FIN 4380 International Finance

This course is designed to familiarize students with the fundamentals of the international financial environment and international financial markets. The emphasis will be on management perspectives such as export/import financing techniques, the identification and management of exchange risk, and issues arising in the financing of foreign affiliates.

Prerequisites: FIN 3310.

FIN 4385 Strategic Financial Mgt

An applied course on the use of financial tools for business financial decision-making and strategy formulation. This course will be used to illustrate short-term as well as long-term effective financial decision-making.

Prerequisites: FIN 3320, FIN 3330, and FIN 3360, or consent of instructor.

FIN 4399 Issues in Finance

Selected current topics for special study related to corporate finance, investments, financial institutions and markets, real estate and other finance related topics. May be repeated once when topic changes.

Prerequisites: Junior standing.

FIN 5199 Spe Iss in Intnl Banking&Fin

This course examines selected current topics in the areas related to international banking and finance. May be repeated once when topic changes.

FIN 5299 Spe Iss in Intnl Banking&Fin

This course examines selected current topics in the areas related to international banking and finance. May be repeated once when topic changes.

FIN 5300 Business Finance Concepts

This course provides an analysis of the significant areas of financial planning and control, working capital and fixed asset management, and the identification and acquisition of funds in the money and capital markets. Also covered are employment of financial techniques as aids in business decision making relative to balancing the liquidity-profitability objectives of a firm.

Prerequisites: Graduate standing and ACC 5300 or equivalent.

FIN 5310 Financial Management

This course focuses on the analysis, evaluation, and application of contemporary theories of finance. Material covered includes: the financial environment, valuation concepts, capital budgeting, capital structure and dividend policy, working capital management, issue in international finance, mergers and acquisitions, and long-term financing.

FIN 5320 Intnl Financial Markets&Inst

This course focuses on the analysis, evaluation, and application of contemporary theories of finance. Material covered includes: the financial environment, valuation concepts, capital budgeting, capital structure and dividend policy, working capital management, issue in international finance, mergers and acquisitions, and long-term financing.

FIN 5330 International Investments

This course discusses the theories and determinants of cross-borders investment opportunities. It provides detailed description and techniques of analysis used in international portfolio investments and includes the costs and benefits of international diversification. The course also reviews current techniques for hedging risks in international portfolio investments

FIN 5340 Intnl Working Capital Mgt

This course focuses on decisions and problems faced in managing the short-term financing operations of firms on both a domestic and international basis. Major topics include cash management and forecasting, banking relations, management of short-term investments, receivables and inventory management problems, and the movement of funds both within various domestic economies and across national borders.

FIN 5370 Global Bank Management

This course examines the general management problems and policies of banks operating in a global environment. Topics include balance sheet management (liquidity, liabilities, spread and investment management), cost of funds, capital adequacy, bank profitability, planning and management systems, and the regulatory environment.

FIN 5380 International Finance

This course provides a comprehensive macroeconomic study of exchange rate determination, exchange rate mechanisms and markets, international parity relationships, the forecasting of exchange rates and measurement of exchange rate exposure, and international trade financing.

FIN 5390 Sem In International Banking

This course will include coverage of advanced cross-border bank management problems and solutions, use of derivative securities in successful bank management, techniques and practices of bank analyses, improvements in cross-border bank clearing systems and practices, and applications of technology to bank management.

FIN 5399 Spe Iss in Intnl Banking&Fin

This course examines selected current topics in the areas related to international banking and finance. May be repeated once when topic changes.

FIN 6310 Seminar in Intnl Finance

The course examines the managerial implications pertaining to the financial operations of the firm and of investments in the international arena. The standard topics in international finance, such as exchange rate determination, foreign exchange risk (exposure), hedging techniques (using forwards, futures, options and swaps), international corporate valuation and capital budgeting, and courses of funds and the cost of capital in the international bond, stock, and money markets, are examined from a managerial point of view. The course also exposes students to recent journal articles as well as classic works in international finance and international financial management.

Prerequisites: Consent of instructor and the Graduate Advisor.

FIN 6315 Seminar in Corporate Finance

The purpose of this course is to appraise both theoretical and empirical work in modern corporate finance. Topics discussed in this course include capital structure, financial distress and bankruptcy, financial intermediaries, corporate control, agency theory, and dividend policy.

Prerequisites: FIN 6310.

FIN 6320 Seminar Financial Mkts&Inst

The seminar will summarize the theoretical and empirical literature in the area of financial markets and financial intermediaries. In addition, this course will assess the econometric tools used in finance research.

Prerequisites: FIN 6310.

FIN 6330 Seminar in Investments

This seminar covers both the theories and empirical bodies of literature regarding investments. Major topics to be covered include choices under uncertainty, the state preference theory, mean- variance efficiency, the capital asset pricing model (CAPM), the market efficiency theory, as well as empirical evidence regarding capital asset pricing and market efficiency.

Prerequisites: FIN 6310.

FIN 6335 Intro to Fin Econometrics

This course covers classical linear regression including methodologies and techniques associated with qualitative information, as well as with problems of heteroskedasticity and serial correlation. The course addresses basic categories of time series modeling that is associated with financial econometrics.

Prerequisites: Consent of instructor.

FIN 6340 Adv Financial Econometrics

The covers methodologies appropriate to the analysis of financial data as it is associated with advanced time series modeling including systems of equations, simultaneous equations and limited dependednt variable models. These approaches include panel estimation procedures, autoregressive moving average models, generalized autoregressive conditional heteroskedasticity, vector autoregression and vector error correction. The multiple implications of random walks are examined in detail, including problems associated with difference stationarity, trend stationarity, and noise modeling. Prerequiste: FIN 6335