Department of Finance and Business Law
FIN 200. Personal Financial Management. 3 credits.
Examines the management of the individual's wealth portfolio, consisting
of human capital, real assets and financial assets and liabilities.
FIN 210. Principles of Real Estate. 3 credits.
Emphasizes industry principles and economic factors influencing the real
estate business. Subjects include contracts, deeds, valuation, financing
and subdivision development.
FIN 225. Money and Banking. 3 credits.
For course description, see ECON 225.
FIN 345. Managerial Finance. 3 credits.
Study of theoretical concepts and analytical techniques to aid management
decisions on financial problems. Topics include: working capital and fixed
asset management for profit, expansion. Prerequisite: ACTG 241 and junior
FIN 360. Money and Capital Markets. 3 credits.
An examination of the domestic and international markets for financial products.
Emphasis will be placed on the theoretical underpinnings of cash flow valuation
and basic applications of financial price determination.
FIN 365. Intermediate Finance. 3 credits.
In-depth study of the theories of capital structure, long-term financing
decisions, working capital management, and current topics such as mergers
and bankruptcy. Microcomputer applications. Prerequisite: FIN 345 and 360.
FIN 370. Real Estate Finance. 3 credits.
A comprehensive examination of the decision-making processes involved in
purchasing and financing real assets. The focus is on cost of funds and
optimal financial structure of complex real estate projects. Prerequisite:
FIN 372. International Finance and Payments. 3 credits.
For course description, see ECON 372.
FIN 380. Elemental and Derivative Securities Analysis. 3 credits.
This course undertakes an in-depth examination of the broad array of financial
instruments, traded in contemporary finance markets, which are available
for financing, investing and managing financial price risk. Prerequisite:
FIN 345 and 360.
FIN 395. Mathematical Finance. 3 credits.
This course presents an overview of the role of mathematical concepts in
financial applications. Topics include continuous time finance, optimization,
numerical analysis and applications in asset pricing. Prerequisite: MATH
206 or 236.
FIN 410. Securities Pricing. 3 credits.
A quantitative treatment of the theory and method of financial securities
pricing to include an examination of closed form pricing models such as
the Black-Schoals and its various derivatives as well as numerical solution
techniques such as binomial methods. Prerequisite: FIN 395.
FIN 415. Real Estate Valuation. 3 credits.
The process of estimating the market value of real assets is examined with
emphasis on the valuation of income producing properties. Topics include
income forecasting, capitalization rates and methods, market analysis and
investment valuation methodology. Prerequisite: FIN 370.
FIN 416. Seminar in Real Estate Investment and Development. 3 credits.
An investigation of the investment process in real assets with emphasis
on investment profitability. The real estate investment cycle is examined
in detail to determine the sources of cash flow to the equity investor and
how those cash flows may be maximized. Prerequisite: FIN 415.
FIN 434. Financing the Emerging Firm. 3 credits.
Various sources of financing for new and emerging ventures will be investigated
including venture capital and initial public stock offerings. Emphasis will
be on clinical studies to reinforce the theoretical principles. Prerequisite:
FIN 447. Financial Statement Analysis. 3 credits.
A comprehensive treatment of the analysis of financial statements as an
aid to decision making. Prerequisite: FIN 345.
FIN 450. Financial Risk Management. 3 credits.
Forward contracts, futures, swaps and options are treated as the basic building
blocks for creating financial risk management programs for companies subject
to financial risks such as changes in exchange rates, commodity price fluctuations
and changes in interest rates. Prerequisite: FIN 365 and FIN 380.
FIN 455. International Financial Management. 3 credits.
This course focuses on the financial decisions facing the multinational
firm. Particular emphasis is placed upon global financial markets and instruments,
exchange-rate risk management, and asset-liability management in an international
environment. Prerequisite: FIN 365 and 380.
FIN 460. Commercial Banking. 3 credits.
A study of the objectives, functions, policies, organizational practices
and government regulation of commercial banks. An intensive study is undertaken
of the asset and liability structure of commercial banks. Special emphasis
is placed on how banks are adapting to the dramatic changes in their operating
and regulatory environments. Prerequisite: FIN 380.
FIN 471. Advanced Topics in Investment Management. 3 credits.
The study of investment management which brings together economics, capital
markets and valuation to form a basis for decision making in financial asset
selection, risk/reward analysis, portfolio selection and formation, and
hands-on investment activity. Prerequisite: FIN 365 and 380.
FIN 480. Seminar in Financial Engineering. 3 credits.
Financing engineering is the process of adapting existing financial intruments
and developing new ones to meet the needs of participants in domestic and
international financial markets. This process is taught within a case and
project format in order to simulate actual market participation as closely
as possible. Prerequisite: FIN 450.
FIN 488. Advanced Financial Policy. 3 credits.
The financing of a new business enterprise or expansion and the financial
condition of existing firms is examined within a case format. The objective
of this examination is to elicit a policy decision which effectively addresses
the issues identified in the case. Prerequisite: FIN 365.
FIN 490. Special Studies in Finance. 1-3 credits.
Designed to give capable students in finance an opportunity to complete
independent study under faculty supervision. Admission by recommendation
of the instructor and permission of the department head. (Forms may be obtained
in the department office before registration.)
FIN 494. Business Practicum. 3 credits.
A course to be taken by graduating seniors to give students an opportunity
to work in and with local industry in order to gain insight into the real
side of modern business. (May not be included as a finance or business law
elective for the finance major. Applications may be obtained in department
FIN 499. Honors. 6 credits. Year course.
See catalog description entitled "Graduation with Distinction" and "Graduation
Catalog Table of Contents
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Last reviewed: Sept. 10, 1994
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