Undergraduate Finance Course Descriptions

FIN 310 Business Finance [3] An introduction to general principles of business finance. Subjects include financial statements, forecasting, working capital management, discounted cash flow, capital structure, cost of capital, and capital budgeting. Emphasis will be placed on the development of problem solving skills and financial applications in the business community; ethical issues and uses of technology will be explored. Prerequisite: AC 210

FIN 360 Cases in Finance [3] Designed to train the student in the many ways of thinking about corporate financial problems. The cases provide the basis for class discussions on the approach to financial problem solving. Prerequisite: FIN 310 or equivalent.

FIN 430 Investment Analysis [3] In this course, students will learn about the analysis and valuation of stocks and bonds and the measurement of investment performance. Topics will include trading mechanisms and the structure of financial markets around the world. The risk associated with such investments and techniques for measuring them will be analyzed. Valuation of contingent claims such as options and futures will also be discussed. International topics and ethics will be an integral part of the course. Prerequisites: FIN 310.

FIN 432 Investment Management [3] In this course, students will learn about the theory and practice of portfolio management. These subjects will be covered for both individual and institutional portfolios. Topics included are alternative techniques for designing investment portfolios and the criteria for revision and performance evaluation. Portfolio insurance and the use of options and futures markets will also be discussed. International topics, ethics, and social issues will be an integral part of the course. A group project in portfolio management is designed to develop student skills to work cooperatively in teams. Prerequisite: FIN310

FIN 436 Real Estate Finance [3] The course is designed to give the student an understanding of the decision-making tools needed to accurately analyze real estate as an investment. Topics include appraisal techniques and investment evaluation, real estate development, financial leverage and corporate investment. The social and environmental impact of development is addressed, as are advances in informational technology related to development and evaluation. Prerequisite: FIN 310.

FIN 450 International Finance [3] Analysis of the international financial environment with particular emphasis on the foreign exchange markets and their interrelationships with international financial management, overview of major international financial markets and instruments, foreign exchange hedging, speculation and arbitrage, optimal short-term and long-term borrowing and investing decisions, analysis of currency futures, forwards, and options markets and their uses in international corporate financial management, forecasting foreign exchange rates, measuring and managing foreign exchange risks, multinational corporate cost of capital and capital budgeting, and instruments of international trade finance. Prerequisites: FIN 310

FIN 480 Internship in Finance [3] This course fulfills the required internship for students majoring in Economics/Finance. Under the supervision of a faculty advisor, students will gain field experience with a for-profit or not-for-profit organization. Prerequisites: BAR 210, FIN310, junior status, departmental approval, and cumulative GPA of 2.0.

FIN 481 Independent Study in Finance [3] Supervised individual study under the direction of a faculty advisor, leading to a written report of professional quality. Prerequisite: Junior or senior standing.

FIN 484 Financing a Small Business [3] An examination of the financial issues and problems faced by small businesses. Topics include financial statement analysis, forecasting, working capital management, coping with financial distress, sources of capital, business valuation, and ethical issues. Students will develop problem-solving skills by analyzing weekly case study assignments and preparing a comprehensive business plan. Emphasis will be placed on the availability and use of community resources to assist small businesses. Extensive use of computer spreadsheet programs required. Prerequisite: FIN 310.