Finance Graduate Courses

Following are the regularly offered graduate courses in the Finance Department.

FIN 701 • Foundations of Managerial Finance • Cr. 2
Introduction to managerial finance with an emphasis on effective decision-making. Topics include: risk and return, present value, valuation, cost of capital, capital budgeting, leverage and capital structure, forecasting, financial markets and the environment, and working capital. This course is offered as an Internet course. FIN 355 and 701 are foundation courses.

FIN 426/526 • Real Estate Finance • Cr. 3
The contractual nature and legal implications of the instruments used in financing real estate. The structure and operation of the primary and secondary mortgage markets; instruments, techniques, and strategies in financing real property investments. Prerequisite: FIN 456/556. Offered occasionally.

FIN 430/530 • Financial Planning and Strategy • Cr. 3
Long-term planning as it relates to special problems of acquiring fund and selecting and deploying assets. Emphasis is place on forecasting long-term funds requirements, and the suitability of specific financing vehicles for particular needs. Prerequisite FIN 370. Offered occasionally.

FIN 440/540 • Multinational Financial Management • Cr. 3
The international financial system and the application of basic principles of business finance in an international context. Topics include: the finance function in the multinational firm, foreign exchange markets, cost of capital, and capital expenditure analysis in the multinational firm. International accounting and reporting procedures are reviewed. Prerequisite: FIN 355. Offered Sem. II.

FIN 447/547 • Advanced Financial Analysis • Cr. 3
Offers the students the opportunity for advanced study of topics related to (1) business ethics and professional standards, (2) investment tools, (3) asset valuation, and (4) portfolio management. Students will learn how to effectively analyze financial statements, apply statistical models, and evaluate both international and derivative securities. Completion of this course will also assist students in preparing for Level I exam of the Chartered Financial Analyst (CFA) program. Department option for Pass/ Fail grading. Prerequisites: FIN 355, FIN 370, FIN 380. Offered Semester II.

FIN 456/556 • Real Estate Principles • Cr. 3
Survey of real estate principles and practices, the economic environment and valuation. Topics include: nature of real property; organization and structure of real estate markets; alternative land uses; financing and valuation of real estate; and the legal environment. Prerequisite FIN 355. Offered occasionally.

FIN 465/565 • Health Care Financing • Cr. 3
A broad micro and macro treatment of health care financing from the insurer. consumer, and institutional viewpoints. Topics include: reimbursement mechanisms, planning, capital allocation and organizational aspects of health care financing function. Prerequisite: FIN 355. Offered occasionally.

FIN 474/475 • Equity Valuation • Cr. 3
This course presents the financial analysis industry standard models for determining the value of equity securities. Emphasis is placed on the calculations of cost of capital and equity value and the sensitivity analysis of the results.  Students will be required to create and present a sell-side analyst report.  Prerequisite: FIN 370; FIN 380; junior standing.  Offered Fall.

FIN 475/575 • Investment Analysis and Portfolio Management • Cr. 3
An in-depth investigation of modern concepts of asset ownership risks, and the reduction of risk through portfolio construction. An efficient markets approach to contemporary capital market and portfolio theory with applications to investment management. Prerequisite: FIN 380. Offered Sem I.

FIN 477/577 • International Investments• Cr. 3
The international political, economic and legal environment in which investment decisions are made. An evaluation of security valuation theory and practice in the context of international money and capital markets. Topics include: the motives for international investment, exchange risk, foreign money and capital market instruments and their markets, and construction and management of portfolios. Prerequisite: FIN 380. Offered occasionally.

FIN 480/580 • Financial Management and Control • Cr. 3
Focuses on the roles and responsibilities of the controller and treasure in today's business and economic environment. From a controller's/treasure's perspective, the course content includes: functions, organization, characteristics, standards of ethical conduct, financial reporting, internal controls/operations, analysis, cost management and professional development. Prerequisite: 480--senior status, FIN 370 or ACC 322, and ECO 301,or 305; 580-- BUS 730, 731. Offered occasionally.

FIN 711 • Money and Capital Markets • Cr. 3
Analysis of the economic forces at work in the money and capital markets.  Influence of financial markets on cost of capital and market interest rates.  Analysis of markets for debt and equities, private and public offerings.  Role of the central bank in financial markets and forces contributing to stability and instability.  (Not open for credit to those who have had FIN 390.)  Offered Occasionally.

FIN 721 • Investment Analysis and Management • Cr. 3
Security valuation theory and practice, including the application of random walk models and the theory of portfolio selection as they relate to investment decisions. Model building and testing to be emphasized. (Not open for credit to students who have completed FIN 475/575.)

FIN 731 • Risk Management and Insurance • Cr. 3
The process of conserving the earning power and assets of a firm by minimizing the financial impact of accidental loss.  Emphasis is on the risk management process (identification of exposures, measurement of frequency and severity, selection of treatments) for property and liability exposures as well as employee benefit management.  Offered Occasionally.

FIN 797 • Independent Study • Cr. 1-3
Individual reading or research under the guidance of a staff member. Registration with the consent of the student's regular adviser, the instructor and the department chairperson. Students must have completed a minimum of 21 credits in MBA program with a minimum GPA OF 3.5. Approval form available in the office of the dean of the College of Business Administration. Form must be completed prior to registration. Repeatable for credit-- maximum 3.