Finance Courses

Course	Description
FIN 101-3	Personal Finance. (3-0) A survey of individual and family problems, includes financial planning, budgeting, use of credit, home ownership, savings, investment, and tax problems.
FIN 301-3	Principles of Financial Management. (3-0) An analysis of financial decision-making at the corporate level with emphasis on the maximization of stockholder wealth. Topics covered include financial statement analysis, the valuation of stocks and bonds, cost of capital, capital budgeting, dividend policy, leverage and capital structure, methods of firm valuation, working capital management, mergers and acquisitions, and bankruptcy. Prerequisites: ACC 204 and ECO 201.
FIN 302-3	Financial Intermediaries. (3-0) A study of the internal operations of financial intermediaries with major emphasis on organization, source and allocation of funds, supervision, and regulation. Prerequisites: FIN 301, ECO 303.
FIN 303-3	Intermediate Financial Management. (3-0) An analysis at the intermediate level of those factors which affect the ability of the business corporation to maximize firm value and shareholder wealth. Topics covered include financial statement analysis, cash flow analysis, securities valuation, cost of capital, capital budgeting, capital structure, dividend policy, the use of leverage, working capital management, and bankruptcy/reorganization. Prerequisites: FIN 301, G B 311, and ACC 303.
FIN 304-3	Economics of Financial Markets. (3-0) A study of the aggregate financial system and capital markets and the impact these have on financial intermediaries. Topics to be covered are: flow of funds analysis, interest rate theory, role of financial intermediaries, and management of financial assets. Credit for both FIN 304 and ECO 305 will not be awarded. Prerequisites: FIN 301, ECO 303.
FIN 399-v	Cooperative Education. (Credit variable; 1-3 for each hour) This course is designed to offer students the opportunity to integrate academic study with work experience that is germane to their major or minor. Enrollment requires a two-semester minimum commitment that may be accomplished by 1) alternating semesters of full-time study with semesters of curriculumrelated employment, or 2) enrolling in courses at least half-time (6 semester hours) and working part-time in parallel positions of curriculum-related employment. The department Cooperative Education advisor will supervise the student's experience and assign the final grade based on the student's final report which is required to complete the course. Students may participate in the Cooperative Education program for an unlimited number of semesters but a maximum of 6 hours credit may be counted toward a degree. Prerequisites: Completion of 30 semester hours which includes 12 hours in the major or minor discipline in which the Cooperative Education course is desired, minimum overall GPA of 2.5 and a minimum GPA of 3.0 in the appropriate major or minor field, and department head approval. Field experience fee $50.
FIN 401-3	International Financial Management. (3-0) Issues and questions which concern financial management of international corporations. Analysis of the financing of investment abroad and the management of assets in differing financial environments. The foreign investments decision, cost of capital and financial structure for multinational decision making, management of foreign subsidiary working capital, and financial control of multinational operations. Prerequisite: FIN 301 or approval of department head.
FIN 402-3	Real Estate Finance. (3-0) A study of monetary systems, primary and secondary money markets, sources of mortgage loans, federal government programs, loan applications, processes and procedures, closing costs, alternative financial instruments, equal credit opportunity acts, community reinvestment act, and state housing agency. Prerequisite: G B 405 or permission of department head.
FIN 403-3	Case Studies in Finance. (3-0) Capstone course requires students to use fundamental concepts learned in previous finance, accounting, and economics courses to analyze real-world finance problems. Using both structured and unstructured cases, student teams analyze problems and recommend solutions. Argument is presented both orally and in writing. Cases draw from such areas as corporate finance, investments, international finance, and personal finance. Prerequisites: FIN 303 and ACC 303.
FIN 404-3	Investments. (3-0) The development of investment policy; the character of investment risk; a comparison of investment media; description and analysis of security markets and their operations. Prerequisite: ACC 204, FIN 301.
FIN 405-3	Federal Tax Accounting. (3-0) The present income tax law and regulations; income tax legislation, treasury and court decisions, departmental ruling; income tax problems and returns, social security and self employment taxes. Prerequisite: ACC 204 and junior classification. Credit for both ACC 405 and FIN 405 will not be awarded.
FIN 406-3	Federal Tax Accounting--Advanced. (3-0) Current income tax law and tax accounting procedures. Preparation of income tax returns of partnerships and corporations. Prerequisite: FIN 405 or approval of department head. Credit for both ACC 406 and FIN 406 will not be awarded.
FIN 408-3	Principles of Insurance. (3-0). A survey course focusing on the theory and practice of private insurance and its economic and social significance. Major types of insurance are examined: life, health, automotive, homeowners, and liability. Various forms of risk management, characteristics of insurance contracts, government regulatory characteristics, and institutional structures are studied. Prerequisite: FIN 301 or permission of department head.
FIN 486-v	Problems. (Credit variable) A directed study of selected problems in finance. May be repeated with approval department head. Prerequisite: Senior classification and approval of the department head.
Graduate Courses
FIN 500-3	Foundations of Financial Systems. (3-0) An interdisciplinary course that examines principles of accounting, economics, and finance as applied to the contemporary business organization operating in a global market place. Focuses on integration of theory and practice to develop framework for measuring, analyzing, and improving financial performance.
FIN 501-3	International Finance and Business Strategy. (3-0) The course examines the major international issues pertaining to finance, including choosing and implementing an appropriate corporate strategy, the determination of exchange rates, international risk management, transfer pricing, and evaluating and financing international investment opportunities. There will be readings and case analysis and students will be required to report on research findings. Credit for both FIN 501 and G B 501 will not be awarded.
FIN 505-3	Case Studies in Corporate Finance. (3-0) A course designed to use case studies and financial analysis to further the graduate student's knowledge and ability to make financial management decisions. Selected cases will be assigned for outside the classroom analysis, and preparation of proposed solutions. The classroom will be used to discuss the cases, the student's proposal for solutions, and desired courses of action. The cases will be such that students will be required to use prior knowledge, current research, and a good deal of analytical ability in preparing their proposals. Prerequisite: Graduate standing.
FIN 506-3	Financial Markets and Institutions. (3-0) This course is intended to give the student a broad coverage of the operation, mechanics, and structure of the financial system within the United States, emphasizing its institutions, markets, and instruments. Monetary policy of the Federal Reserve and its impact upon financial institutions are treated.
FIN 507-3	Financial Management. (3-0) Course focuses on financial decision making in the modern corporation. Basic issues include capital budgeting, capital structure, corporate sources of funding, dividend policy, financial risk management, standard theories of risk and return, and valuation of assets. Prerequisite: FIN 500 or approval of instructor.
FIN 508-3	Managerial Economics. (3-0) Applies economic theory and methodology to business and administrative decision-making. The tools of economic analysis are demonstrated and their use in formulating business policies is explained. Topics include concepts of profits, production and cost functions, demand theory, competitive pricing policies, and business criteria for investment output and marketing decisions. Prerequisite: Approval of MBA Director. Credit for both FIN 508 and ECO 508 will not be awarded.
FIN 585-3	Seminar on Consumer and Business Finance. (3-0) This course will cover selected consumer and business finance topics. Examples include debt management, initial public offering of a new business, Internet based finance and regulatory aspects, and management of compensation. Students will be expected to research assigned topics and submit reports. Credit for both FIN 585 and HRM 585 will not be awarded.
FIN 586-v	Problems. (Credit variable) This course offers students the opportunity to become acquainted with current research being conducted within the student's area of interest; directed reading of a number of sources selected in concert by the student's professor. Prerequisite: Approval of Department head.