Catalog 2020-2021

FIN - Finance

FIN 250 Personal Finance

This course is intended to help students understand and apply basic principles of good financial management in their personal financial decisions. Topics include personal budgeting, tax planning, managing cash and credit, making sound insurance decisions, investments and retirement planning. Not counted as a finance elective for the minor or the major.

Credit Hours: 2

Prerequisites

MAT 160 or equivalent

FIN 310 Financial Management

This course focuses on financial analysis and decision-making for corporations including the legal and ethical obligations of financial managers. Students use accounting information to assess a firm's performance. Time value of money and incremental discounted cash flow techniques are used to value stocks, bonds, and potential corporate investments. Students calculate the weighted average cost of capital and are learn to apply short-term financial management tools. The risk-return trade-off is introduced using a statistical framework and the Capital Asset Pricing Model. MS-Excel and a financial calculator are required.

Credit Hours: 4

Prerequisites

AWR 101 with a "C" or better, AWR 201, ACC 202 and ACC 203, ECO 204 and ECO 205, QMB 210. A minimum GPA of 2.25 is required in at at least 22 hours of 100- and 200-level required COB courses.

Corequisites

BAC 100.

FIN 319 Applied Finance and Accounting using Enterprise Resource Systems

This course is designed to provide an introduction to the financial and accounting features of SAP as a solution for enterprise resource planning. The cross functional nature of business processes requires an integrated view of the company. The integration between finance and other business functions are analyzed within the context of the enterprise resource system. The configuration, data and critical transactions required by financial management are demonstrated in the course.

Credit Hours: 4

Prerequisites

FIN 310 and a minimum GPA of 2.25 in at least 22 credit hours in required 100- and 200-level required COB courses.

FIN 410 Intermediate Financial Management

An in-depth study of financial decision-making primarily in the corporate environment. This course builds and expands on the skills developed in the managerial finance course. Topics include financial statement analysis, the capital budgeting process, cost of capital, capital structure, dividend policy, working capital management and short- and long-term financial planning. The course will include both theory and practice, and students will make extensive use of Excel.

Credit Hours: 4

Prerequisites

FIN 310 and MAT 225

FIN 415 Applied Investment Management

This course provides an opportunity for students to blend the theory of investments with the practical demands of hands-on investment management. Hands-on management of a real portfolio achieves the practical objectives. Periodically, security analysts and portfolio managers are invited as guest speakers to share practical insights on the investment management process. Bloomberg training is available.

Credit Hours: 4

Prerequisites

FIN 440 and GPA of 3.0 or greater

FIN 425 International Financial Management

The course examines the role of the multinational firm as a catalyst and facilitator of international business. Examines and explores the management of international financial risk, foreign exchange, corporate financing from a global perspective, direct foreign investment decisions and international portfolio allocation.

Credit Hours: 4
(IG)

Prerequisites

FIN 310 and MAT 225.

FIN 440 Investment Analysis and Portfolio Management

This is a course in the theory and the practice of investment management. The course includes analysis of specific securities as well as asset allocation and portfolio management strategies. The focus of the course is on professional money management, especially equity portfolio management. Successful investment managers learn to take an ethical, client-centered approach to investment decision making, while making use of financial models and datasets and navigating a highly regulated and competitive business environment.
Credit Hours: 4

Prerequisites

FIN 310.

FIN 450 Risk Management for Business

Students will evaluate a variety of types of risk that impact a company's financial performance. Students will develop a comprehensive risk management strategy for a firm that incorporates derivative securities, insurance, and other risk management tools. Formal and informal written assignments will be used to enhance the students' understanding of the impact of risk management strategies on a firm's individual performance and on the economic environment. The course requires extensive use of Excel at the intermediate level for evaluating the financial implications of decisions
Credit Hours: 4
(W)

Prerequisites

FIN 410 and COB lower core.

FIN 470 Financial Markets, Institutions, and Money

A survey of the global financial environment, including major financial institutions, securities markets and other financial markets. Topics include money and banking, the determination of interest rates, monetary policy, market efficiency, investment banking, hedging, risk management and derivatives. The course emphasizes current and recent economic trends and financial innovations.

Credit Hours: 4

Prerequisites

FIN 310.

FIN 480 Financial Models

This course will provide applied skills in designing and building financial models. The course will span several financial topics all of which will be worked on within Excel framework. The primary focus of the course is to relate the theory of finance to practical and usable spreadsheet models that will assist a financial manager with a firm’s investment and financing decisions.
Credit Hours: 4

Prerequisites

FIN 310 & FIN 410

FIN 490 Finance Internship

This internship exposes the student to a real-life learning experience. Students are hired by an organization for the specific objective of gaining work experience in that organization. The paid or unpaid internship position should be relevant to the student's major, and is worked out between the organization and the student. May not be used to satisfy major requirements. Approval of the department chair required.

Credit Hours: 1-8

Prerequisites

FIN 310, junior or senior standing and a minimum cumulative GPA of 2.75 or a 3.0 in COB courses.

FIN 491 Advanced Financial Management

Senior seminar course for finance majors. An advanced, in-depth course in finance with heavy use of cases that explore timely topics in-depth, such as forecasting and financial modeling, financial statement analysis and working- capital management. 

Credit Hours: 4

Prerequisites

FIN 310 and FIN 410.

FIN 495 Special Topics in Finance

A course offered at the discretion of the finance department. Subject may focus on a topic of current interest in the field, training in a specific area of the field, or a topic that is of interest to a particular group of students.

Credit Hours: 4

Prerequisites

To be specified at time of offering.

FIN 499 Independent Study in Finance

A readings or independent study course taken under faculty guidance for variable credit.

Credit Hours: 1-4

Prerequisites

Minimum 3.0 GPA and consent of the department chair and associate dean.

FIN 500 Foundations of Finance

Covers the basic tools and applications used in financial management. Includes time value of money, valuation, project evaluation, risk-return analysis and capital structure. Students will solve a variety of problems using financial calculator and spreadsheet programs.

Credit Hours: 2

FIN 611 Financial Management and Strategy

For graduate students only. This course is concerned with the theory and the practice of managerial finance, especially in the context of the publicly held corporation in a competitive global environment. The course includes analysis of current and historical financial position and short-term financial decisions. The course emphasizes long-term strategic decisions such as major investments, acquisitions and capital structure decisions. The principles of cost-benefit analysis, value creation, risk and return, and time value of money are demonstrated in a variety of business case examples. The course includes an introduction to portfolio theory, international finance and financial derivatives. Includes curriculum from the CFA® program.

Credit Hours: 4

Prerequisites

ACC 500, ECO 500, FIN 500, and QMB 500.

FIN 616 Corporate Finance and Valuation

This course will show students how to value a publicly held company using valuation techniques including Free Cash Flow, Market Comparable and Economic Profit Analyses. This course uses a combination of case study learning and currently available information to establish the methodology and execution of the various valuation techniques. Students will use these valuation techniques to value a publicly held company. Students will be required to deal with and get comfortable with the uncertainty in the corporate valuation field. Students will be required to research a public company and make decisions concerning capital budgeting, cost of capital and capital structure.
Credit Hours: 4

Prerequisites

FIN 611 or FIN 626.

FIN 617 Analytics in Finance

This course is designed to introduce graduate students to the latest techniques and methodologies used in the analysis of financial data. Students will become familiar with several types of finance datasets such as Bloomberg, CRSP and Compustat, be able to manage and work with large datasets, understand the issues faced by an analyst with respect to selection bias and endogeneity in applied finance and propose possible solutions for the same. In the Analytics in Finance course students will learn and apply discipline-specific statistical and econometric techniques. Specifically, student will perform and communicate empirical analysis by examining a specific research question.
Credit Hours: 4

Prerequisites

FIN 500 and QMB 500.

FIN 626 Financial Analysis for Management

This course uses mathematical and statistical models and current financial data to analyze various topics in corporate finance, bridging the gap between theory and practice.  Topics covered include analysis of financial performance and forecasting, capital budgeting, investment decisions, working capital management, external financing, optimal capital structure, dividend policy, and real option analysis. Students use various tools to analyze cash flows, net present value, risk and return, and valuation using real business data. Students will also investigate advanced corporate finance topics such as corporate restructuring, agency problems, asymmetric information, and executive compensation policies. Includes curriculum from the CFA® Program. 
Credit Hours: 4

Prerequisites

ACC 500, ECO 500, QMB 500 and FIN 500

FIN 630 International Finance

Course applies no-arbitrage theory to multinational financial management. Topics include international financial markets, international parity conditions, hedging foreign cash flows, arbitrage portfolios, international capital budgeting, international portfolio allocation and international cost of capital. Includes curriculum from the CFA® program.

Credit Hours: 4

Prerequisites

FIN 611 or FIN 626.

FIN 640 Investment Portfolio Management

Encompasses portfolio management at both introductory and intermediate levels. Topic areas include: quantitative analysis, the portfolio management process and investor policy statements, portfolio construction and types of securities, portfolio performance measures and the option strategies for equity portfolios. The course also includes detailed analysis of fixed income securities, macroeconomics, industries and individual firms. Includes curriculum from the CFA® program.

Credit Hours: 4

Prerequisites

ACC 500, ECO 500, FIN 500, and QMB 500.

FIN 645 Advanced Portfolio Management

This course deals with the theory and practice of portfolio management and investment analysis at an advanced level. The emphasis is on strategic investment management topics and applications including portfolio optimization, performance attribution techniques, fixed income analysis and portfolio risk management. Students will learn to critically evaluate and implement existing and recently developed portfolio management models. Includes curriculum from the CFA® program.

Credit Hours: 4

Prerequisites

FIN 640.

FIN 650 Venture Capital and Alternative Investments

This course describes the common types of alternative investments, methods for their valuation, advanced data analytic techniques, unique risks and opportunities associated with them, and the relationships that alternatives have to more traditional investments. Includes curriculum from the CFA® Program.
Credit Hours: 4

Prerequisites

FIN 611 or FIN 626.

FIN 660 Applied Corporate Finance

Applied Corporate Finance is designed to provide an in-depth examination of important financial management concepts integrated with SAP. Using a balanced approach of theory and application, this class focuses on the analytical techniques involved in financial planning and decision-making in the firm. Primary emphasis is placed on the importance of strategic investment and financing choices and the logic behind these critical decisions made by the financial manager. An introduction to the financial accounting features of SAP as a solution for enterprise resource planning is provided, along with using SAP to generate information used to make financial decisions.

Credit Hours: 4

Prerequisites

FIN 611 or FIN 626.

FIN 670 Financial Markets and Derivatives

This course is concerned with the creation, pricing and trading of financial assets and derivative securities and the financial markets those securities are traded in. Topics include financial intermediation, the determination of interest rates, banking, monetary policy, investment banking, and market efficiency. Students learn to use financial models to analyze the characteristics and valuation of securities based on interest rates and other market rates for a variety of financial assets including derivative securities. The course emphasizes current trends in financial markets and financial innovations. Includes curriculum from the CFA® Program.
Credit Hours: 4

Prerequisites

FIN 611 or FIN 626.

FIN 689 Global Finance

Global finance introduces the key financial techniques of exchange rate forecasting, capital budgeting, capital structure, risk management, and portfolio theory all from a global perspective. The course is aimed for graduate students seeking a thorough introduction to finance topics which are extended using experiential educational techniques. Appropriate software including Monte Carlo simulation and enterprise resource planning systems are applied to enhance the technical capabilities of future financial leaders in a global marketplace.
Credit Hours: 4

FIN 690 Internship

International students must consult with the Office of International Programs. May be used to satisfy practicum requirements.

Credit Hours: 1-3

Prerequisites

Approval by the Graduate Office, the college internship coordinator and the associate dean.

FIN 695 Special Topics in Finance

A course offered at the discretion of the finance department. Subject may focus on a topic of current interest in the field, training in a specific area of the field, or a topic that is of interest to a particular group of students.

Credit Hours: 4

Prerequisites

To be specified at time of offering.

FIN 699 Independent Study in Finance

For graduate students only. Contemporary topics in finance.

Credit Hours: 1-4

Prerequisites

Minimum 3.5 GPA and written permission of the department chair.