FINANCE (FIN)

  

FIN 355         Cr. 3

Principles of Financial Management

Introduction to financial management of the firm. Topics include: relationship of the finance function with other functional areas of the firm, use of financial statements as measures of corporate performance and for financial forecasting, working capital management, time value of money and its use in the valuation of cash flows, security evaluation, capital budgeting, capital structure, financial intermediaries and investment banking, long-term debt, preferred and common stock, and the effect of these financial decisions on dividend policies. Prerequisites: ECO 110, 120 and ACC 222.

  

FIN 355 and 701 are foundation courses.

  

FIN 426/526         Cr. 3

Real Estate Finance

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.

 

FIN 430/530         Cr. 3

Financial Planning and Strategy

Long-term planning as it relates to special problems of acquiring funds and selecting and deploying assets. Emphasis is placed on forecasting long-term funds requirements, and the suitability of specific financing vehicles for particular needs. Prerequisite: FIN 370.

 

FIN 440/540         Cr. 3

Multinational Financial Management

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 456/556         Cr. 3

Real Estate Principles

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.

 

FIN 465/565         Cr. 3

Health Care Financing

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.

 

FIN 475/575         Cr. 3

Investment Analysis and Portfolio Management

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         Cr. 3

International Investments

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.

 

FIN 480/580         Cr. 3

Financial Management and Control

Focuses on the roles and responsibilities of the controller and treasurer in today's business and economic environment. From a controller's/treasurer's perspective, the course content includes: functions, organization, characteristics, standards of ethical conduct, financial reporting, internal controls/operations analysis, cost management and professional development. Prerequisites: 480 -- senior status, FIN 370 or ACC 322, and ECO 301 or 305; 580 -- FIN 720 or ACC 705.

 

FIN 701        Cr. 2

Foundations of Managerial Finance

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.

  

FIN 711         Cr. 3

Money and Capital Markets

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.)

 

FIN 721         Cr. 3

Investment Analysis and Management

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         Cr. 3

Risk Management and Insurance

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.

 

FIN 797         Cr. 1-3

Independent Study

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 the 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.*