355 Cr. 3
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.
Prerequisite: ECO 110, 120 and ACC 222.
701 Cr. 2
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. This course is offered as an Internet course.
355 and 701 are foundation courses.
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.
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. Offered occasionally.
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.
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.
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.
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.
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.
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. Prerequisite: 480 ?
senior status, FIN 370 or ACC 322, and ECO 301 or 305; 580 ? BUS 730, 731. Offered occasionally.
711 Cr. 3
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.)
721 Cr. 3
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
731 Cr. 3
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.
797 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 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.*