FINANCE (FIN)
Course Descriptions
FIN 355 Cr. 3
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. MBA foundation
course.
FIN 426/526 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 Cr. 3
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.
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
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 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 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. Offered occasionally.
FIN 480/580 Cr. 3
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.
FIN 701 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 an
internet MBA foundation course.
FIN 711 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.)
FIN 721 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 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.
FIN 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