Finance (FIN)

FIN 200. Elements of Finance1.5 Units

Prerequisite(s): ACCT 200.

Description: This is an introduction to financial tools for running a business. Topics include financial statements and performance measures, the operating cycle of a business, cash budgeting, managing working capital, time value of money, capital expenditures, sources and cost of funds, debt, risk, and financial distress.

Note: This course is not open to College of Business students.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 201. Money Management and Personal Finance3 Units

Term Typically Offered: Fall, Spring, Summer

Description: The study of the techniques and process of saving and managing money: and of creating, organizing, implementing, monitoring, and revising a personal plan for procuring and allocating financial resources in order to achieve financial objectives and goals. The topics covered include cash management and budgeting; financial services to include savings and checking accounts; consumer credit; consumer buying; housing; risk management and insurance; investments; estate and retirement planning; tax planning; and the time value of money.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 301. Corporate Finance3 Units

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): MATH 180 or MATH 205 or equivalent; ACCT 201; CIS 250 or CIS 305; ECON 201; BSTA 201 or BSTA 301 or equivalent.

Description: A study of techniques that enable firms to efficiently manage their financial resources and maximize the value of their owners' investment. Investment techniques and analysis applied to the individual as well as to the firm. Computer and calculator problem solving.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 304. Intermediate Corporate Finance3 Units

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): FIN 301.

Description: Corporate finance and financial accounting are combined to assess the shareholder value created by a firm's operating and financing decisions. Free cash flow and residual income measures and financial ratios are developed that are used by both internal and external company analysts. Financial forecasting methodology combining accounting and economic data is developed. Additional topics include market efficiency, cost of capital, financing policies, advanced DuPont analysis, sustainable growth,and financial distress.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 330. Banking and Financial Administration3 Units

Term Typically Offered: Occasionally Offered

Prerequisite(s): FIN 301.

Description: A study of the management of internal operations of financial institutions, especially commercial banks, but including other savings institutions and insurance companies. The operations of the institutions are examined in light of trends and developments in the financial community. Included are topics such as expansion via bank holding companies or branching, portfolio management of loans, marketable securities and liabilities, and legal or regulatory constraints.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 345. Entrepreneurial Finance3 Units

Term Typically Offered: Fall, Spring

Prerequisite(s): FIN 301.

Description: The focus is on financing issues facing new, young, and small business ventures. Topics include financial statements, financial forecasts, venture valuation, sources and forms of venture capital and negotiations between owners and suppliers of funds.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 350. Risk and Insurance3 Units

Term Typically Offered: Fall, Spring

Prerequisite(s): FIN 301.

Description: Designed for understanding the importance of risk management in personal and business affairs, the different methods of handling risks that are insurable, and risks that are not insurable. A portion of this course is devoted to the analysis and solution of risk situations.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 360. Business Valuation3 Units

Term Typically Offered: Occasionally Offered

Prerequisite(s): FIN 301.

Description: The study of techniques and methodologies that enable the determination of value for business entities. Includes discussion of professional standards of business valuation.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 370. International Finance3 Units

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): FIN 301.

Description: A study of corporate finance within an international context. Discusses exchange rates, parity conditions, capital flows, and international banking. Examines the financing strategies and capital budgeting techniques of multinational corporations.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 396. Zero-Credit Internship-Finance0 Units

Grading Basis: Pass/Fail

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): FIN 301, good academic standing, and validation through the Ulmer Career Management Center.

Description: Application to the zero-credit internship program and completion of orientation processes should be accomplished prior to employment. Students must be Finance majors.A new workplace experience in an approved Finance position which offers a progression of learning in a level appropriate opportunity for practical application of classroom theory and tools. This program is available to students who have received the maximum number of co-op credit hours for their major.

Note: This course is restricted and requires permission from the Ulmer Career Management Center.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 397. Co-op in Finance I1-3 Units

Grading Basis: Pass/Fail

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): FIN 301, University GPA 2.5 and validation through the College of Business Co-op Office.

Description: Application to the co-op program and completion of orientation processes should be completed prior to employment. Finance majors only. A new workplace experience in an approved Finance position which offers a progression of learning in a level-appropriate opportunity for practical application of classroom theory and tools.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 398. Co-op in Finance II1-3 Units

Grading Basis: Pass/Fail

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): Completion of FIN 397, University GPA 2.5 and validation through the College of Business Co-op Office.

Description: A new or continued workplace experience in an approved Finance position which offers new learning and/or additional responsibilities that continue the student's progression of learning and opportunity for practical application of classroom theory and tools.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 399. Co-op in Finance III3 Units

Grading Basis: Pass/Fail

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): Permission of the College of Business Co-op Office.

Description: A continued or new workplace experience in an approved Finance position which offers new learning and\or additional responsibilities that continue the student's progression of learning and opportunity for practical application of classroom theory and tools.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 401. Investments3 Units

Term Typically Offered: Fall, Spring, Summer

Prerequisite(s): FIN 301.

Description: Introduction to the various investment alternatives available to the individual investor. Covers: sources of information; the securities markets in the United States; policies of investment companies and institutions; the problems and procedures of investment risks and investment analysis.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 402. Security Analysis and Portfolio Management3 Units

Term Typically Offered: Occasionally Offered

Prerequisite(s): FIN 304 and FIN 401.

Description: An introduction to the principles, methods, and techniques of asset selection and the portfolio mix through the application of investment principles to investment policy. Investigation of the interrelationship between the economy and individual securities as well as the securities markets is made. Techniques of valuation and portfolio management are covered, including fundamental, technical and portfolio analysis.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 403. Financial Derivatives3 Units

Term Typically Offered: Fall, Spring

Prerequisite(s): FIN 301.

Description: An introduction to financial derivative contracts: forwards, futures,swaps and options. Valuation and pricing models for these contracts are derived. Proper ways to use these contracts for the purpose of risk management are emphasized.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 405. Securities Broker and Financial Industry Preparation3 Units

Term Typically Offered: Occasionally Offered

Prerequisite(s): FIN 401.

Description: This course is designed to provide students with insight into the connection between the real financial industry world and theory. This provides insight into the actual practice of analyzing, selling and trading financial products and prepares student to take the Financial Industry Regulatory Authority (FINRA) Series 7 general securities licensing examination.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 414. Applied Financial Econometrics3 Units

Term Typically Offered: Fall, Spring

Prerequisite(s): FIN 301 or faculty consent.

Description: Econometric application of economic and financial concepts and principles related to corporate finance, investments, financial markets, and international finance.Quantitative techniques include time series analysis, exponential smoothing, and regression analysis.

Note: Cross-listed with ECON 414.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 415. Capital Budgeting3 Units

Prerequisite(s): FIN 301.

Description: A study of the techniques used to evaluate, select, and finance long-lived business assets. Topics included in the course are interest factors, cash-flow determination, evaluation techniques, risk adjustment, capital rationing, cost of capital and leasing.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 433. Financial Markets and Institutions3 Units

Term Typically Offered: Fall, Spring

Prerequisite(s): FIN 301 or faculty consent.

Description: This course provides a study of financial institutions such as banks and financial instruments and markets such as the stock, bond, money and mortgage markets. The course integrates macro-economic concepts such as interest rate determination and the role of the Federal Reserve with asset valuation and the movement of capital in the financial marketplace. Commercial bank financial statements and key risks are covered. Periods of financial crises are also examined. Options, futures and swaps are discussed in the context of hedging risks in banks and other types of firms. The course builds heavily on the concepts of time value of money and risk and return, as developed in previous courses.

Note: Cross-listed with ECON 433.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 475. Capstone Seminar in Finance 3 Units

Term Typically Offered: Fall, Spring

Prerequisite(s): FIN 304 and FIN 401.

Description: A senior level capstone course which will integrate financial concepts and theory to solve and apply to real work problems.

Note: No exceptions will be made to the prerequisite requirements.

Course Attribute(s): CUE - This course fulfills the Culminating Undergraduate Experience (CUE) requirement for certain degree programs. CUE courses are advanced-level courses intended for majors with at least 90 earned credits/senior-level status.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 490. Special Topics in Finance1-3 Units

Term Typically Offered: Fall, Spring

Description: A variety of topics in financial theory and/or application will be studied. Course content will vary but the content will not duplicate current offerings. A student may repeat this course for credit as long as the particular topic is different.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 491. Special Topics in Economics and Finance3 Units

Description: Topics of current importance to students of economics and finance will be studied. Content of course will vary but will not duplicate current offerings. This course may be repeated for credit as long as content or topics were not already covered by the student in this course.

Note: Cross-listed with ECON 491.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 499. Independent Study in Finance1-3 Units

Term Typically Offered: Fall, Spring, Summer

Description: Written proposal must be sponsored by at least one faculty member and approved by the Department Chair.

For class offerings for a specific term, refer to the Schedule of Classes

FIN 500. Business Finance3 Units

Prerequisite(s): Admission to MBA program.

Description: An introduction to financial concepts from the corporate perspective. Topics include the basics of financial statements, an overview of the financial markets, risk and return, the time value of money, security valuation using time value concepts, cash flow determination and valuation, and long-term capital investment.

For class offerings for a specific term, refer to the Schedule of Classes