FINANCE (FIN) - 2008-2009 Catalog

Department of Finance

FIN 2000 - Topics In Finance

Credit will vary from 1 to 4 hours. Consists of selected topics of finance nature, each taught by a member of the finance staff who has expertise in that particular area. The topics chosen for each course will be chosen on the basis of student interest, significance and relevance to problems of contemporary society.

FIN 2313 - Personal Finance

A survey of the field of personal financial management with major emphasis on problems of budgeting, insurance, bank services, credit usage, and investing.

FIN 3000 - Workshop In Finance

Credit will vary from 1 to 6 hours. Subject matter will vary within the department's field of study. Normally involves lecture, films, guest speaker, etc. A grade of "P" or "F" is given. No more than 6 hours of workshop may be counted toward a bachelor's degree.

FIN 3413 - Real Estate Principles

Methods and practices of operating real estate agencies; conveyance of title, leases, mortgages, liens, contracts to buy or sell; methods of financing; zoning laws, subdividing, developing, agency management; appraisal practices.

FIN 3423 - Real Estate Practice

Continuation of real estate principles with emphasis on practical and operational problems of the broker. Among topics covered will be listings, advertising, sales training, property valuation, property management, office management and closings. Prerequisite(s): FIN 3413.

FIN 3443 - Real Estate Appraising

The theory and application of appraising the value of homes, apartment houses, commercial properties, industrial properties, and raw land.

FIN 3453 - Real Estate Finance

Methods of financing all types of real estate, sources of funds, analysis of mortgage risks, FHA, underwriting, influences of governmental agencies. Prerequisite(s): ACCT 2133.

FIN 3473 - Real Property Management

Developing, executing and evaluating comprehensive plans for the management of various kinds of real estate including: office buildings, industrial properties, hotels, store property, conventional housing; handling tenant credit and collections; dealing with maintenance problems; maintaining records and accounting.

FIN 3513 - Risk Management For The Firm

This course presents a comprehensive study of the underlying principles of the risk management process for businesses. The course is designed to provide students with the skills necessary to identify and analyze business loss exposures. Emphasis is placed on the problems that arise from events such as liability lawsuits or natural disasters. Among topics covered are various risk financing and risk control techniques including loss control, self insurance, captives, and insurance.

FIN 3523 - Principles Of Insurance

Development of basic principles common to all types of insurance.

FIN 3553 - Property And Liability Insurance For The Firm

This course examines the fundamental principles and uses of property and liability insurance. Covered topics include traditional and modern theories of risk, the economic institution of insurance, property and liability coverages, and functional insurance areas. Attention is devoted to the role of property and liability insurance in addressing the economic and social problems encountered by businesses. This course replaces FIN 3533 and FIN 3543. Prerequisite(s): FIN 3523.

FIN 3563 - Fundamentals Of Business Finance

This is an introductory-level course in financial management with emphasis on the theoretical concepts, methods, and problems of financing the various types of business firms. Prerequisite(s): ACCT 2133, ECON 2203, 2173.

FIN 3603 - Financial Statement Analysis

Techniques and principles in the detailed analysis of accounting statements from the viewpoint of lenders, investors, or the financial managers of the firm. Not open to accounting majors. Prerequisite(s): FIN 3563.

FIN 3613 - Life And Health Insurance

Analysis of insurance contracts, insurance carriers and insurance programming. Also covers life insurance annuities, group insurance, pension plans and business uses of life insurance. Prerequisite(s): FIN 3523.

FIN 3990 - Advanced Topics In Finance

Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.

FIN 4123 - Consulting In The Real Environment

This course is an interactive, hands-on application of knowledge gained through the student's business degree program. Student teams work with an assigned business in the community and offer recommendations that resolve business problem areas as defined by the client. Students must have a private source of transportation. Credit may be earned in only one course from FIN 4123, MRKT 4123, MGMT 4123. Prerequisite(s): Open to senior business majors. ACCT 2113, 2133, BCOM 3143, ECON 2103, 2203, FIN 3563, MGMT 3103, MRKT 3013.

FIN 4213 - Investments

Survey of various investment media; planning sound investment programs; sources of investment information. Prerequisite(s): FIN 3563.

FIN 4243 - Commercial Bank Management

An introductory-level course designed to acquaint the student with the various problems, practice theories, and concepts relating to the management and operation of commercial bank. Prerequisite(s): FIN 3563.

FIN 4253 - Intermediate Business Finance

A study of the finance function in the business firm with emphasis upon the application of financial theories and concepts to realistic business situations. The course stresses problem solving, case studies, and the development of necessary analytical skills related to the financing of the business firm. Prerequisite(s): FIN 3563.

FIN 4263 - Small Business Finance

An introductory-level course emphasizing the theories, concepts, problems, and practices relating to the financing of the small business firm. Prerequisite(s): FIN 3563.

FIN 4273 - International Finance

An introductory-level course designed to acquaint the student with the theories, concepts, problems, and practices encountered in the financing of the multinational business firm. Prerequisite(s): Junior standing.

FIN 4283 - Capital Budgeting

An introductory-level course designed to explore both the theoretical foundations and the practice application of the various techniques used in analyzing the long-term investment alternatives of the business firm. Prerequisite(s): FIN 3563.

FIN 4333 - Derivative Securities

A study of various derivative securities traded in current financial markets. The course introduces the characteristics of various derivatives (e.g., put options, call options, futures contracts, and swaps) and demonstrates their use in investing and portfolio management. The course includes lectures, case discussions, computer analysis, and contemporary readings. Prerequisite(s): FIN 4213.

FIN 4343 - Security Analysis

Procedures and principles used in the building and maintaining of investment portfolios for the individual investor. Prerequisite(s): FIN 4213.

FIN 4353 - Case/Computer Applications In Finance

A case approach to solving business finance problems, both practical and theoretical, using the computer as a tool for analysis. Prerequisite(s): FIN 3563.

FIN 4363 - Contempory Problems In Finance

A course designed to increase the practical knowledge of the problems faced by the financial managers of modern business firms. Textbook theories and current events are discussed, case analyses and oral presentations are also required. Prerequisite(s): Junior standing.

FIN 4373 - Advanced Real Estate Appraisal

To provide students with an advanced study of real estate appraisal by covering the entire valuation process. The sales comparison approach to value and the cost approach to value are treated in depth. The fundamentals of the income capitalization approach to value are introduced using simple direct capitalization techniques. Prerequisite(s): FIN 3443; junior standing.

FIN 4383 - Real Estate Investment

This course is designed to give the student the necessary academic background to make proper real estate investment decisions. Topics to be covered include: the characteristics of residential, commercial, and individual investment properties and securities, the various risks encountered by the investor and profitability prospects and measurements. Prerequisite(s): ACCT 2133, no enrollment restrictions.

FIN 4403 - Contemporary Problems In Banking

This course is designated as a second course in the field of banking. It is designed to acquaint the students with current problems and issues in the banking industry and to provide a format for the discussion of these, plus advanced theories of banking. Emphasis will also be placed on the utilization of case problems and for a discussion of selected readings from the literature of banking. Computer techniques and their applications to banking problems will also be stressed. Prerequisite(s): FIN 4243; junior standing.

FIN 4413 - Financial Institutions

An analysis of the operations, management, and financing problems of the various financial institutions of the United States. Prerequisite(s): ECON 2103 and ECON 2203. Junior or senior standing.

FIN 4423 - Employee Benefit Planning

This course examines the approaches to protecting employees' financial security from the perspective of businesses by studying the basic concepts and managerial considerations underlying the group insurance mechanism for providing life, health, disability, and retirement plans. Topics covered include the theory and practice regarding employee benefits plan design, administration, cost, funding, regulation and tax considerations. Prerequisite(s): Junior or above standing.

FIN 4900 - Practicum In Finance

Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.

FIN 4910 - Seminar In Finance

Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.

FIN 4930 - Individual Study In Finance

Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.

FIN 4940 - Field Study In Finance

Credit will vary from 1 to 6 hours. Subject matter will vary within the department's field of study.

FIN 4950 - Internship In Finance

Credit will vary from 1 to 8 hours.

FIN 4960 - Institute In Finance

Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.

FIN 4970 - Study Tour

Credit will vary. Subject matter will vary within the department's field of study.

FIN 4980 - Workshop In Finance

Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study. Normally involves lecture, films, guest speaker, etc. A grade of "P" or "F" is given. No more than 6 hours of workshop may be counted toward a bachelor's degree.

FIN 5000 - Workshop In Finance

Credit will vary from 1 to 4 hours; subject matter will vary within the department's field of study. Normally involves lecture, films, guest speaker, etc. A grade of "P" or "F" is given. No more than 2 hours of workshop may be counted on a master's degree.

FIN 5203 - Contemporary Problems In Finance

A readings and case course designed to increase the practical realism of the problems faced by financial managers in the modern business world. The course provides an environment that enhances the student's understanding of textbook issues and current business problems by requiring article reviews, case analyses, report writing, oral presentations, and participatory discussions of contemporary issues in business, economics and finance. Prerequisite(s): Completed all prerequisites for the MBA Program.

FIN 5223 - International Finance

A study of the financial problems of the multinational business firm. The course includes lectures, case discussions, and contemporary readings to extend both modern and traditional theories of financial management to the area of international business operations. Prerequisite(s): FIN 5333.

FIN 5233 - Investment Analysis

A study of the various approaches to the selection and timing of investment opportunities for the individual and for the business firm. The course includes a review of traditional and modern theories of investment strategy and portfolio analysis. Case discussions, problem solving and contemporary readings are utilized. Prerequisite(s): FIN 5333.

FIN 5243 - Money And Capital Markets

A study of the money and capital market segments of the U.S. Financial System. Emphasis is placed on the importance and role of various interest rates for lending and investment in the economy, their determination, and their measurement. The course also includes discussion of current readings, case analysis, and problem solving relating to the management of financial institutions. Prerequisite(s): Completed all prerequisites for the MBA Program.

FIN 5253 - Capital Budgeting

A theory and tools course that emphasizes the economic analysis of the firm's long-term investment opportunities. pecific emphasis is placed on determining the optimal capital budgeting techniques and processes. Extensive attention is given to the problem of explicitly incorporating risk into the analysis and to the problem of modifying decision rules when there are constraints on budget size. Prerequisite(s): FIN 5333.

FIN 5333 - Fin Adm & Control

Methods and problems involved in the financial administration of the business firm. Special attention to planning for, obtaining, controlling, and allocation of funds. Prerequisite(s): Completed all prerequisites for the MBA Program.

FIN 5353 - Derivative Securities

A study of various derivative securities traded in current financial markets. The course introduces the characteristics and pricing of various derivatives (e.g., put options, call options, forward contracts, futures contracts, and swaps) and demonstrates their use in investing and portfolio management. The course includes lectures, case discussions, computer analysis, and contemporary readings. Prerequisite(s): FIN 5333.

FIN 5413 - Financial Analysis w/ Computer

The use of computers and information technology is examined in relation to financial topics. Topics include, but are not limited to, financial statements, cash budgets, corporate performance evaluation, financial forecasting, breakeven and leverage analysis, asset valuation, rates of return, the cost of capital, capital budgeting, investment applications, logical and financial functions, and graphs. Prerequisite(s): Completed all prerequisites for the MBA Program.

FIN 5423 - Employee Benefit Planning

This course examines the approaches to protecting employees' financial security from the perspective of businesses by studying the basic concepts and managerial considerations underlying the group insurance mechanism for providing life, health, disability and retirement plans. Topics covered include the theory and practice regarding employee benefits plan design, administration, cost, funding regulation and tax considerations. Prerequisite(s): Completed all prerequisites for the MBA Program with a minimum grade: C.

FIN 5900 - Practicum In Finance

Credit will vary from 1 to 4 hours. Subject matter will vary within the department's field of study.

FIN 5910 - Seminar / Special Topics

Credit will vary from 1 to 4 hours. Directed intensive study on selected problems or special topics.

FIN 5930 - Individual Study In Finance

Credit will vary from 1 to 4 hours. Directed intensive study on definite problems or special subjects based on approved outlines or plans, conferences, oral and written reports.

FIN 5950 - Internship In Finance

Credit will vary from 1 to 8 hours. Subject matter will vary within the department's field of study. Supervised practical experience gained in a professional field by an advanced or graduate student.

FIN 5960 - Institute In Finance

Credit will vary from 1 to 8 hours. Subject matter will vary within the department's field of study.

FIN 5970 - Study Tour

Credit will vary. Subject matter will vary within the department's field of study.

FIN 5990 - Thesis

Credit will vary from 1 to 6 hours. Subject matter will vary within the department's field of study.