Finance (FIN)

Courses numbered 500 to 799 = undergraduate/graduate. (Individual courses may be limited to undergraduate students only.); 800 to 999 = graduate.

FIN 610.  Insurance & Risk Management   3 credit hours

Covers the concepts of insurance and risk management. Topics include risk identification and analysis, risk management, legal aspects of insurance, structure of the insurance industry, regulation, reinsurance, underwriting, financial issues and analysis, policy analysis, and an overview of many types of personal and commercial insurance including: automobile, homeowner's, property and casualty, umbrella, commercial general liability, errors and omissions, directors and officers, health insurance (including traditional indemnity, HMO and PPO), disability, long-term care and life. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 611.  Real Estate Finance   3 credit hours

Cross-listed as RE 611. Covers the institutions and instruments used to finance residential and commercial properties, and provides essential knowledge and skills for students who are interested in a career as a commercial banker, mortgage banker or an analyst or investor in mortgage-related securities. Topics include fixed-rate and alternative mortgage instruments, financial analysis and decision making, residential mortgage underwriting, mortgage market regulations, primary and secondary mortgage market structure and institutions, and mortgage-backed securities. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 618.  Real Estate Investment Analysis   3 credit hours

Cross-listed as RE 618. Covers the tools and techniques used to evaluate the financial profitability of real estate investments, as well as real estate decisions affecting businesses. Students learn about pro forma and discounted cash flow analysis of real estate, the effects of leverage on real estate investments, federal tax treatment of real estate investments, and disposition and renovation decisions. In addition, topics such as lease-versus-own analysis, sale-leasebacks and other corporate real estate issues are discussed. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 620.  Investments   3 credit hours

An analysis of investment risks, financial information and industry characteristics. Examines corporate, government, municipal and financial institution securities and other investment types. Presents personal portfolio construction, supervision and management. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 622.  Future and Options Markets   3 credit hours

Presents an overview of the futures and options markets. Discusses basic theoretical concepts as well as the practical issues of hedging and speculating in these markets. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 625.  International Financial Management   3 credit hours

Cross-listed as ECON 674 and IB 625. A study of the international financial and monetary system, emphasizing currency markets. Also examines market instruments and techniques, including synthetic and derivative securities and their application to management of currency risk in international trade and finance. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 631.  Fixed Income Securities and Markets   3 credit hours

An analysis of the market for fixed-income securities from the investor's point of view. Emphasizes pricing of these securities and an understanding of the factors that determine the structure and level of interest rates. Portfolio management techniques and the use of derivatives are also covered. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 632.  Bank and Financial Institution Management   3 credit hours

Presents and analyzes asset and liability management by banks and financial institutions. Also covers financial institution structure, management, regulation, and operations. Covers risk management topics in detail. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 635.  Commodity & Energy Trading   3 credit hours

Focuses on trading in commodity and energy markets. Introduces how commodity and energy markets function, emphasizing trading and hedging strategies. Explores the control systems trading firms need in place to manage market, credit, and liquidity risks, as well as the financial accounting, regulatory compliance, and tax issues that arise from trading. Much of the classwork is hands-on exercises. Students engage in a simulated commodity and energy trading game and use real-world database management software from Allegro Development. Students also have the opportunity to interact with local business experts in commodity and energy trading throughout the semester. Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing, advanced standing.

FIN 660.  Cases in Finance   3 credit hours

This case-centered course is designed as the capstone course for the finance major and provides an exploration of the problems and operations for which the financial decision maker is responsible, emphasizing current best practices for various types of financial analyses. Should be taken at the end of a finance student's degree program. Prerequisites: FIN 440 and two 600-level finance electives with a grade of C+ (2.300) or better in each, junior standing, advanced standing.

FIN 675.  Spreadsheet Modeling for Decision Making   3 credit hours

Cross-listed as DS 675. A practical spreadsheet-based approach to the modeling of a wide variety of business problems. Concentrates on problem solving in an interdisciplinary context and developing spreadsheet skills. Not open to students with credit in DS 675 or 875. Prerequisites: DS 350, and FIN 340 each with a grade of C+ (2.300) or better, junior standing, advanced standing, or instructor’s consent.

FIN 750.  Workshop in Finance   1-4 credit hours

Prerequisites: FIN 340 with a grade of C+ (2.300) or better, junior standing.

FIN 850.  Managerial Finance   3 credit hours

Provides knowledge and tools to make informed investment and financing decisions. Includes capital markets, capital budgeting, decision making under uncertainty, asset pricing models, capital structure, payout policy, restructuring and corporate control issues. Prerequisite: MBA 800 or equivalent.

FIN 860.  Advanced Managerial Finance   3 credit hours

Study of advanced strategic issues that impact financial managers. Includes corporate valuation, working capital management, capital structure decisions such as initial public offerings, leveraged buyouts, restructurings, mergers and acquisitions, and issues related to entrepreneurial finance. Prerequisite: FIN 850.

FIN 865.  Advanced Investment Analysis and Portfolio Management   3 credit hours

Study of the theory and practice of security valuation and investment management. Includes portfolio analysis, asset allocation, fixed income securities and term structure, equity analysis, derivatives and measurement of performance. Prerequisite: FIN 850.

FIN 866.  Public Financial Management   3 credit hours

Cross-listed as PADM 866. Addresses special topics of government capital budgeting and financing as well as general public infrastructure management skills and knowledge useful for public administrators and citizens. Specific topics include: capital planning, budgeting, financing strategies and options, debt management, policy and issuance processes, as well as innovative public capital financing such as public-private partnerships and state-local revolving funds. Prerequisite: PADM 865 or instructor's consent.

FIN 890.  Seminar Special Topics   1-3 credit hours

Repeatable with departmental consent. Prerequisites: FIN 850 and MBA 800 or equivalent.

FIN 891.  Directed Studies   1-5 credit hours

Prerequisites: FIN 850 and MBA 800 or equivalent.