Finance (FIN)

Subject Number Title Hours Catalog Description
FIN 300 Introduction to Managerial Finance 3 hours. Description of financial markets. Time value of money. Risk and return. Market valuation of securities. Capital budgeting, capital structure and dividend policy of firms. Prerequisite(s): ACTG 210.
FIN 310 Investments 3 hours. Organization of security markets. Legal and institutional environment, mechanics of trade, financial intermediation, security classification. General principles of asset valuation with application to specific securities. Prerequisite(s): FIN 300.
FIN 320 Managerial Finance 3 hours. Short-term asset management, capital budgeting under certainty and uncertainty, capital structure and dividend policy, valuation and risk, capital asset prices, financial policy for firms. Prerequisite(s): FIN 300. 
FIN 371 Introduction to Urban Real Estate 3 hours. Introductory survey of urban real estate; business, legal, economic and financial perspectives. Same as ECON 371. Prerequisite(s): ECON 218 or ECON 220. 
FIN 396 Independent Study 1 TO 3 hours. Independent study, under the direction of a faculty member, must be arranged before the start of the semester. May be repeated. Students may register in more than one section per term. Prerequisite(s): Consent of the department head. 
FIN 412 Portfolio Management 3 hours. Development of portfolio theory; establishment of portfolio objectives for individuals, corporations, banks, pension and mutual funds; evaluation of portfolio performance. Prerequisite(s): FIN 310. 
FIN 415 Fixed Income Securities 3 hours. Valuation of fixed income securities, term structure estimation and arbitrage trading with practical application using real data. Prerequisite(s): FIN 310. 
FIN 416 Options and Futures Markets 3 hours. History and institutional structure of options and futures markets. Uses of futures and options for arbitrage, speculation and hedging by managers of domestic and multinational organizations. Analysis of factors which determine futures and options prices. Prerequisite(s): FIN 310. 
FIN 430 Introduction to Money and Banking 3 hours. Payment and banking systems; credit and market risk management; The Federal Reserve System; globalization of monetary, banking, and regulatory systems. Prerequisite(s): FIN 300. 
FIN 431 Management in the Financial Services Industry 3 hours. The principles of management of corporations in the financial services industry, emphasizing commercial bank management and risk. Methodology includes computerized bank management simulation or case studies. Prerequisite(s): FIN 300.
FIN 442 International Finance 3 hours. Financial management within an international context. International monetary system and financial markets, management of foreign investments, working capital management, exchange risks, taxation and earnings reports. Prerequisite(s): FIN 300 and FIN 310. 
FIN 444 Small Business Finance 3 hours. Aspects of acquiring funds for small business enterprises. Topics include the trade-off of liquidity and profitability, management of working capital, and capitalization. Prerequisite(s): FIN 300. 
FIN 465 Property and Liability Insurance 3 OR 4 hours. Using property and liability insurance to manage risk. Topics may include fire, marine, consequential loss, crime, title, automobile, and workers' compensation insurance. 3 undergraduate hours. 4 graduate hours. Prerequisite(s): FIN 300; or consent of the instructor. 
FIN 466 Life and Health Insurance 3 OR 4 hours. Types, uses, and evaluation of life and health insurance. Economics of the industry. Regulation and taxation. 3 undergraduate hours. 4 graduate hours. Prerequisite(s): FIN 300; or consent of the instructor. 
FIN 472 Real Estate Finance 3 OR 4 hours. Finance principles applied to real estate; financing of residential and income-producing real estate; real estate development finance; secondary mortgage market; taxation and real estate finance. Same as ECON 472. 3 undergraduate hours. 4 graduate hours.  May not be used to satisfy the economics credit requirement for the MA in Economics and Ph.D. in Economics.  Elective credit only will be applied toward these degrees.  Prerequisite(s): ECON 218 or ECON 220.
FIN 473 Introduction to Risk Management 3 hours. Introduction to risk management. Loan and credit management; credit scoring. Risk measurements and reserves; banking and insurance capital requirements, the BASEL accord, tail events and catastrophic event insurance. Financial contracts and hedging.   Same as IDS 473.  Prerequisite(s):  FIN 300 and IDS 371.
FIN 494 Special Topics in Finance 1 TO 4 hours. An intensive study of a selected topic in finance. Topics vary by sections and by term. 1 to 3 undergraduate hours. 2 to 4 graduate hours. May be repeated if topics vary. Students may register for more than one section per term. May be repeated to a maximum of 6 hours for undergraduates; may be repeated to a maximum of 8 hourse for graduate students. Prerequisite(s): Consent of the instructor.
FIN 495 Competitive Strategy 4 hours. Multidisciplinary analysis of organization strategy and policy using case method and/or business simulation. Assignments involve extensive library research as well as oral and written reports. Prerequisite(s): Senior standing in the College of Business Administration and completion of all other CBA core courses, or consent of the instructor.