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2011-2012 Catalog

Instructional Area

Finance (FINC)


Instructional Area | Course Numbering System | Course Punctuation

FINC 3311:     

Business Finance
Cr. 3. (3-3-0). Prerequisites: ACCT 2301/2401, 2302/ 2402 and QMSC 3311.
Examines the role of and theoretical framework available to financial managers as they seek to solve business financial problems.

FINC 3321:

Capital Markets
Cr. 3. (3-3-0). Prerequisites: FINC 3311
Managers in any corporate function should understand the pricing of financial instruments in the capital markets. This course will examine the main investment concepts in the fixed income, equity and derivatives markets.

FINC 4300:

Selected Topics in Finance
Cr. 3. (3-3-0). Prerequisite: FINC 3311. May be repeated when topics vary.
Selected topics in Finance include, but are not limited to, the following areas:
A. Cases in financial management. Application of investment and financial management techniques and concepts to finance cases. Issues and alternatives are identified and evaluated.
B. Financial statement analysis. The analysis and interpretation of financial statements. Effective financial statement evaluation examined from the perspective of managers, investors, and creditors. Pro forma statement development for effective financial management.
C. Estate planning. Study of the advantages of estate planning and types of instruments involved (wills, gifts, trusts); analysis of tax consequences of various approaches of estate planning, state and federal laws applicable to estates.
D. Risk Management. Analysis of risk management tools as an integral part of corporate financial decisions; alternatives for spreading risk such as insurance, retention funds and external funds.

FINC 4320:

Investment Principles
Cr. 3. (3-3-0). Prerequisite: FINC 3311.
Introduction to securities markets; analysis of securities issued by corporations, intermediaries and federal, state and municipal governments; and investment management in light of tax considerations, timing, and selected portfolio needs.

FINC 4325:

International Finance
Cr. 3. (3-3-0). Prerequisite: FINC 3311.
Application of finance principles in the international environment; including the nature of the balance of payment mechanism, the factors affecting the foreign exchange markets; defensive techniques to protect the business against foreign exchange risk; and investing, financing, and working capital management within a multinational firm.

FINC 4352:

Intermediate Financial Management
Cr. 3. (3-3-0). Prerequisites: FINC 3311
An integrated approach to financial management including study of intermediate-level financial theory and its application to financial decision making under uncertainty.

FINC 4353:

Portfolio Management and Security Analysis
Cr. 3. (3-3-0). Prerequisites: FINC 3311
Theory and practice of portfolio management. Efficient markets theory, modern portfolio theory, asset pricing models, portfolio management strategies, and portfolio performance evaluation.

FINC 4354:

Risk Management
Cr. 3. (3-3-0). Prerequisites: FINC 3311
Various financial derivatives and corporate risk management theories; concepts of risk and the basic principles of risk management; risk management for corporate assets and liabilities; corporate operating risk; options, futures, swaps, and other financial derivatives for corporate risk management.

FINC 4355:

Real Estate Finance
Cr. 3. (3-3-0). Prerequisites: FINC 3311
Framework and valuation tools to manage real estate investments as individual properties or as part of a portfolio; how to make decisions on whether and how to lease, buy, or mortgage a property acquisition; whether to renovate, refinance, demolish or expand a property; and when and how to divest a property.

FINC 4356:

Emerging Equity Markets
Cr. 3. (3-3-0). Prerequisites: FINC 3311
Develops a comprehensive framework for valuing an emerging equity market. The role of equity risk premium, as it affects early dynamic equity valuation, is also covered in order to illuminate important drivers of securities price performance.

FIN 4358:

Fixed Income Analysis
Cr. 3. (3-3-0). Prerequisites: FINC 3311
Fundamental ideas and tools for thinking about traditional fixed income securities. Introduction to modern techniques for pricing fixed income securities and derivatives.

FINC 4369:

Cases in Finance
Cr. 3. (3-3-0). Prerequisites: FINC 3321, FINC 4320, and FINC 4352
Introduction to construction and utilization of financial decision models using case study methods. Topics covered are: working capital management, capital budgeting, cost of capital, capital structure, dividend policy, valuation, risk-return, and other special topics of financial management.

FINC 6300:

Selected Topics in Finance
Cr. 3. (3-3-0). Prerequisite: FINC 6352 or concurrent enrollment with FINC 6352.
May be repeated when topics vary.

FINC 6352:

Financial Management
Cr. 3. (3-3-0). Prerequisites: ACCT 6351, ECON 6351, and QMSC 6351
Effects of projects and financial policy on shareholder wealth. This course focuses on the basic concepts and methods of finance, including net present value, the capital asset pricing model, and market efficiency, within the context of the valuation of assets, risk and return, cost of capital, financial planning and forecasting, and agency theory. (Credit will not be given for both FINC 6352 and FIN 3615.)

FINC 6361:

Investments
Cr. 3. (3-3-0). Prerequisites: FINC 6352 or concurrent enrollment with FINC 6352.
The course objective is t achieve an understanding of the various types of investments and their relative merits; security prices and yields; investment objectives, principles and standards for selection of specific investments; introduction to portfolio management. (Formerly: FIN 6317)

FINC 6362:

Financial Institutions & Markets
Cr. 3. (3-3-0). Prerequisites: FINC 6352 or concurrent enrollment with FINC 6352.
Study of the financial markets, instruments and the role of banks and other financial
institutions in the economy.

FINC 6363:

Financial Modeling
Cr. 3. (3-3-0). Prerequisites: ACCT 6351 and FINC 6352
This course combines the application of financial theories and concepts, spreadsheet skills and Visual Basic to analyze financial statements, prepare cash budgets, prepare financial forecasts, perform time value of money, stock and bond analysis, perform breakeven and leverage analysis, make cost of capital and capital budgeting decisions, perform portfolio analysis, and apply Visual Basic for financial analysis.

FINC 6364:

Technical Analysis of Stocks & Commodities
Cr. 3. (3-3-0). Prerequisites: FINC 6352
This course is designed to provide students with an introduction to trading mechanisms of various financial products, such as stocks, bonds, futures, commodities and foreign exchanges. The coverage will emphasize technical analysis of securities. Fundamental analysis will also be discussed.

FINC 6367:

International Finance
Cr. 3. (3-3-0) Prerequisite: FINC 6352 or concurrent enrollment with FINC 6352.
Discussion of international monetary system; balance of payments concept; institutional and structure arrangements within the foreign exchange market; basic foreign exchange market products; importance of parity condition; exchange rate determination; Eurocurrency and Eurobond market; international equity market; foreign currency options and futures; hedging foreign exchanges exposure; international capital budgeting and working capital management; and cost of capital and capital structure in multinationals. (Formerly: FIN 6313.)