University of Houston-Victoria



Finance (FINC)

FINC 3304:      Business Finance

Cr. 3. (3-3-0). Prerequisite(s): ACCT 2301/2401,  2302/ 2402 and BUSI 3303.
Examines the role of and theoretical framework available to financial managers as they seek to solve business financial problems.  (Formerly FINC 3311) (Credit will not be given for both FINC 3311 and FINC 3304).

FINC 3321:    Capital Markets

Cr. 3. (3-3-0).  Prerequisite(s):  FINC 3304, or concurrent enrollment in FINC 3304
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(s): FINC 3304. 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(s): FINC 3304.
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(s): FINC 3304.
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).  Prerequisite(s):  FINC 3304
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).  Prerequisite(s):  FINC 3304
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).  Prerequisite(s):  FINC 3304
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).  Prerequisite(s):  FINC 3304
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 4358:       Fixed Income Analysis

Cr. 3. (3-3-0).  Prerequisite(s):  FINC 3304
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).  Prerequisite(s):  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.