FINANCE (FIN)
400-3 QUANTITATIVE METHODS FOR ECONOMIC AND BUSINESS ANALYSIS. (Same as ECON 400) Applications of mathematical tools to economic and business analysis; emphasis on using calculus and linear algebra in economic and financial models. Prerequisites: ECON 111, 112, MS 250.
415-3 ECONOMETRICS. (Same as ECON 415) Empirical research methodology and ethics. Hypothesis testing and predicting with OLS regression. Estimation with violations of classical assumptions. Multicollinearity problems; dummy variables; model specification. Prerequisites: ECON 301 or ECON 302 or consent of instructor, MS 251.
417-3 BUSINESS FORECASTING. (Same as ECON 417) Survey of methods to forecast economic and financial conditions and markets for individual products, sectors, or regions. Time series, indicator, econometric, judgmental, and Box-Jenkins techniques. Satisfies research requirement for business programs. Prerequisites: ECON 111, 112, and MS 251 or equivalents; or ECON 528 and MS 502 or equivalents.
420-3 PROBLEMS IN CORPORATE FINANCE. In-depth development of analytical decision models; basic and advanced corporate financial theory and application to business and industrial settings. Prerequisite: FIN 320 or ACCT 312.
430-3 PORTFOLIO ANALYSIS. Portfolio theory, equity valuation models, and portfolio performance evaluation; structure of equity markets; effect of taxes and inflation; bond analysis and portfolio immunization; mutual funds. Satisfies research requirement for business programs. Prerequisite: FIN 320 or 420.
431-3 DERIVATIVE SECURITIES. Introduction to derivatives; options, forwards, futures, and swaps; trading of derivatives and the arbitrage relationships; pricing of derivatives on equities, debt, commodities and foreign exchange. Prerequisite: FIN 320 or 513.
435-3 REAL ESTATE FINANCE AND INVESTMENT. Fundamental concepts, investigation and evaluation of real (estate) assets. Single residence, multiple dwellings, and commercial properties. Applications based on financial theory and methodology. Prerequisite: FIN 320.
440-3 FINANCIAL INSTITUTIONS. Financial management of financial institutions: commercial banks, S&L's, insurance companies, and other financial institutions. Asset, liability, and risk management. Prerequisite: FIN 320.
450-3 INTERNATIONAL FINANCE. (Same as ECON 450) International monetary environment and institutions. Determinants of foreign exchange rates and risk management. Valuation and portfolio analysis of international stocks and bonds. Foreign investment analysis. Prerequisite: FIN 320.
460-3 CORPORATE FINANCIAL ANALYSIS AND STRATEGY. In-depth analysis of financial data and stock prices. Study of relationship among financial markets, financial strategy, and welfare of corporate stakeholders. Prerequisite: FIN 420.
470-3 SPORT FINANCIAL MANAGEMENT. Financial issues relevant to sports industry. Applying financial analysis in decision-making.
480-3 CASES AND PROBLEMS IN CORPORATE FINANCE. Use of case analyses to study financial concepts and techniques. Topics include investment decisions, mergers and acquisitions, long-term and short-term financing. Prerequisite: FIN 420.
490-1 to 6 INDEPENDENT STUDY IN FINANCE. Investigation of topic areas through individual or small group readings under supervision of faculty member. May be repeated to a total of 6 hours. Prerequisites: consent of instructor and department chairperson.
513-3 CORPORATE FINANCE. Capital budgeting, financial asset pricing, risk management, investments, dividend policy, cost of capital and long-term performance. Function and role of international and U.S. capital markets. Prerequisites: ACCT 501; 502; MS 502 or equivalent.
515-3 EMPIRICAL RESEARCH METHODS IN ECONOMICS AND FINANCE. (Same as ECON 515) Stochastic processes and simulation; optimization; estimation methodologies for maximum likelihood, pooled cross-section time-series, simultaneous equations, and discrete/limited dependent variable models; generalized method of moments. Prerequisites: ECON or FIN 400; ECON or FIN 415.
517-3 TIME-SERIES ANALYSIS. (Same as ECON 517) Modeling time-series behavior of financial and economic variables to offer practical insights and solutions for particular problems faced by firms, governments and central banks. Prerequisite: ECON or FIN 415 or consent of instructor.
525-3 FINANCIAL STRATEGY, GROWTH AND CONTROL. Financial strategies and creation of shareholder wealth, value transfer and destruction, role of financial markets in wealth creation, agency theory and business ethics. Prerequisites: FIN 420 or 513; ECON 400 or FIN 400, or proficiency in differential calculus.
527-3 CORPORATE FINANCE. Theoretical concepts and analytical tools for solving problems and making corporate investment and financing decisions. Firm valuation, international security markets and foreign investments. Prerequisite: ACCT 524.
528-3 SECURITY ANALYSIS AND MODELING. Security analysis for investment and trading; fundamental analysis; economic, industry/company analysis; technical analysis; venture capital, real estate and international diversification; analysis for trading purposes. Prerequisites: FIN 420 or 513; FIN 430 or 541; ECON or FIN 400, or proficiency in differential calculus.
532-3 FINANCIAL INNOVATIONS AND ENGINEERING. Innovating and engineering financial products, relationship between innovation and risk management, value creation through risk management, use of derivatives in risk management. Prerequisites: FIN 420 or 513; FIN 431; ECON or FIN 400, or proficiency in differential calculus, or consent of instructor.
541-3 INVESTMENTS. Broad range of financial and real assets, investment analysis, portfolio theory, strategy and timing concepts. Not a personal investments course. Prerequisite: FIN 513.
542-3 FINANCIAL MARKETS AND INSTITUTIONS. Survey of debt and equity markets and major institutions involved. Theory of financial intermediation. Risk management. Prerequisite: FIN 513.
543-3 CAPITAL RESOURCE ALLOCATION. Theory and applications of large scale capital expenditures. Emphasis on selection and use of models and effects on firm value. Prerequisite: FIN 513.
544-3 HEALTH CARE FINANCIAL MANAGEMENT. Study of major financial management concepts and issues involved with current and proposed methods of third party reimbursement of health care providers. Prerequisite: FIN 513.
550-3 MULTINATIONAL CORPORATE FINANCE. Multinational corporate finance: investment decision, financial policy, and cost of capital. Foreign exchange rates, risk, and hedging. International diversification. Portfolio theories. Mergers and acquisitions. Prerequisite: FIN 513 or equivalent.
595-1 to 3 SEMINAR IN FINANCE. Selected theoretical and applied areas in finance. Prerequisites: FIN 513 and consent of instructor.
596-3 RESEARCH IN FINANCE. Empirical research in financial modeling and methodological issues. Includes issues from corporate finance, investments, derivatives and pricing models. Prerequisites: FIN 420 or 513; FIN 430 or 541; ECON or FIN 400; ECON or FIN 415; or consent of instructor.
597-3 INDEPENDENT STUDY IN FINANCE. Topics not considered in current offerings and in greater depth than regularly titled courses permit. Empirical investigations are encouraged. Prerequisites: consent of instructor and chairperson.
598-3 READINGS IN FINANCE. Readings under the guidance of a member of the graduate faculty to explore areas in depth with special attention to contemporary books and periodicals. Prerequisites: consent of instructor and chairperson.
599-3-6 THESIS IN FINANCE. Independent research and study on approved topic. Requires a three-member committee with a thesis chairperson. Prerequisite: consent of committee and chairperson.