FINANCE (FIN) COURSE DESCRIPTIONS
3003 Survey of Finance
(3-0) 3 hours credit. Prerequisite: ACC 2003 or ACC 2013 or the equivalent.
A basic survey course focusing on three aspects of finance: the financial system, corporate finance, and investments. The financial environment will be described along with how the financial system interacts with the economy. Business decisions, efficient allocation of financial resources, and fundamentals of investment will be introduced. This course may not be applied toward a major nor a minor in finance but may be counted as an elective for other College of Business students.
3014 Principles of Business Finance
(4-0) 4 hours credit. Prerequisites: ACC 2013, ACC 2033, MS 1023, and MAT 1033, or their equivalents.
Introduction to financial management techniques. Topics may include time value of money, valuation of stocks and bonds, risk and return, capital budgeting analysis, financing alternatives, financial planning, ratio analysis, short-term financial decisions, working capital, sources and uses of funds, capital structure, dividend policy, lease analysis, options, international financial management, and other topics associated with successful business finance decisions in an internationally competitive environment. One-hour laboratory included. (Formerly FIN 3013. Credit cannot be earned for both FIN 3014 and FIN 3013.)
3023 Intermediate Corporate Finance
(3-0) 3 hours credit. Prerequisite: FIN 3014 or the equivalent.
Advanced discussion of subjects essential to corporate financial management, including short-term credit policies, capital budgeting, risk, sources of long-term funds, financial leverage, and the cost of capital. Special topics such as mergers, bankruptcy, and reorganization may also be considered.
3033 Principles of Investment
(3-0) 3 hours credit. Prerequisite: FIN 3014 or the equivalent.
Introduction to securities markets; analysis of money market instruments, mutual funds, stocks, bonds, options, futures, and other securities; investment management in the light of tax considerations, timing, and selected portfolio needs.
3043 Capital Structure and Budgeting
(3-0) 3 hours credit. Prerequisite: Completion of or concurrent enrollment in FIN 3023.
Application of long-term economic decision analysis to financial planning in both profit and nonprofit institutions; development of allocation criteria for sources and uses of scarce financial resources.
3313 Money and Banking
(3-0) 3 hours credit. Prerequisite: ECO 2013 or the equivalent.
Elements of monetary theory; relationships between money, prices, production, and employment; factors determining money supply; and operation of capital markets with reference to the United States.
3403 Cases in Business Finance
(3-0) 3 hours credit. Prerequisites: FIN 3033 and FIN 3313, or their equivalents.
Analysis of financial cases based on business problems. The application of financial theory and techniques is used to illustrate the process required to formulate financial decisions. (Formerly titled Cases in Financial Management.)
3413 Introduction to Financial Markets
(3-0) 3 hours credit. Prerequisite: FIN 3313 or the equivalent.
This course addresses the development of financial markets and market pricing of debt, equity, and foreign exchange. Special emphasis is placed on current and historical events to discuss these topics.
3423 Security Analysis
(3-0) 3 hours credit. Prerequisite: FIN 3033 or the equivalent.
Advanced financial analysis; examination of statements and supplementary data of industrial, commercial, financial intermediary, and public enterprises; preparation of reports relevant to achieving an understanding of financial management policies.
3433 Principles of Real Estate
(3-0) 3 hours credit.
General introduction to the subject matter and terminology of real estate as a business and profession; federal, state, and local laws governing housing discrimination, equal credit opportunity, and community reinvestment.
4313 Commercial Bank Management
(3-0) 3 hours credit. Prerequisites: MGT 3003, FIN 3014, and FIN 3313 or the equivalent.
Direction and coordination of the various functions of the commercial bank, including money position, lending, capital management, and trust and auxiliary functions.
4413 Trading and Analysis of Financial Instruments
(3-0) 3 hours credit. Prerequisites: FIN 3033 and consent of instructor.
Theoretical concepts in investments analysis and trading applications with real-time and historical data are developed. Topics include technical and fundamental analysis of equity portfolios, fixed income valuation, and credit risk analysis. Computer applications include Bloomberg Professional® software.
4423 Investment Portfolio Management
(3-0) 3 hours credit. Prerequisites: MGT 3003 and FIN 3033 or the equivalent.
Application of investment principles to management of investment portfolios of individuals and institutions; consideration of business cycles, investment constraints, portfolio construction, investment timing, and securities selection. Analysis of derivative securities and their use in the portfolio context.
4523 Introduction to Risk Management
(3-0) 3 hours credit. Prerequisites: MGT 3003 and FIN 3014, or consent of instructor.
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.
4613 Introduction to International Finance
(3-0) 3 hours credit. Prerequisites: MGT 3003 and FIN 3014 or the equivalent.
Study of underlying forces in international financial relations and the unique problems of international trade, investments, and operations; examination of multinational business finance and its economic, legal, and political dimensions.
4713 Mortgage Banking and Real Estate Finance
(3-0) 3 hours credit. Prerequisites: MGT 3003, FIN 3014, and FIN 3433, or consent of instructor.
Planning, structure, and analysis of real estate financing from the viewpoints of both the users and suppliers of funds; examination of various techniques and legal instruments; institutional constraints and their effects on real estate lending activities; and federal, state, and local laws governing housing discrimination, equal credit opportunity, and community reinvestment.
4723 Principles of Real Estate Investment
(3-0) 3 hours credit. Prerequisites: MGT 3003, FIN 3014, and FIN 3433, or consent of instructor.
Analysis of real estate investment alternatives; feasibility and site analysis; tax considerations; income and expense analysis; discounted cash flow analysis; profitability measurement; and forms of ownership.
4733 Principles of Real Estate Development
(3-0) 3 hours credit. Prerequisites: MGT 3003, FIN 3014, and FIN 3433, or consent of instructor.
The examination of the principles involved in creating value through the real estate development process. Economic, regulatory, planning, financing, management and disposition issues are considered in the marketing and financial analyses of development prospects.
4813 Property-Liability Insurance Finance
(3-0) 3 hours credit. Prerequisites: MGT 3003 and FIN 3014 or the equivalent.
Analysis and management of risk and insurance, including the insurance contract, property insurance, liability insurance, business insurance, the insurance agency, financial structure and management of property-liability companies, and contemporary problems of property-liability insurance.
4823 Life and Health Insurance Finance
(3-0) 3 hours credit. Prerequisites: MGT 3003 and FIN 3014 or the equivalent.
Philosophy of the life risk is developed, as well as an understanding of the special character of life and health insurance, human life value, the customary and special uses of life insurance, and the history of life insurance companies. Life, health, and disability insurance contracts are investigated in addition to term and whole life insurance, agency structure, and current issues of life and health insurance.
4853 Real Estate Appraisal
(3-0) 3 hours credit. Prerequisites: MGT 3003, FIN 3014, and FIN 3433, their equivalents, or consent of instructor.
Functions and methods of property valuation, including comparable sales analysis, cost depreciation analysis, and income capitalization; residential and income property appraisal techniques and reporting.
4873 Computer Modeling of Financial Applications
(3-0) 3 hours credit. Prerequisites: MGT 3003, FIN 3014, and IS 3003, or their equivalents.
Provides the opportunity to develop computer modeling skills and techniques for analyzing financial situations encountered in business, including the analysis of financial statements, forecasting, capital budgeting, and principles of investment analysis of securities. Financial issues involving uncertainty are examined.
4903 Building Development Internship
3 hours credit. Prerequisites: MGT 3003; completion of 9 upper-division semester credit hours in the major and permission in writing from the instructor, the Department Chair, and the Dean of the College of Business. See the College of Business Undergraduate Advising Center for required forms.
This internship, as a required course in the Building Development minor, is limited to the business and financial aspects of construction and will allow students to gain valuable experience in the field. The internship facilitates an integrative experience through interaction with entrepreneurs and building development business owners. Students engage in research projects, examine relevant issues and problems that builders and developers confront, and have the opportunity to engage in managerial work experience. Internship may be repeated once (for a total of 6 semester credit hours) provided the internships are with different organizations. (Formerly titled Internship in Construction Management.)
4911-3 Independent Study
1 to 3 hours credit. Prerequisites: MGT 3003 and permission in writing from the instructor, the Department Chair, and the Dean of the College of Business. See the College of Business Undergraduate Advising Center for required forms.
Independent reading, research, discussion, and/or writing under the direction of a faculty member. May be repeated for credit, but not more than 6 semester credit hours of independent study, regardless of discipline, will apply to a bachelor’s degree.
4933 Internship in Finance
3 hours credit. Prerequisites: MGT 3003, 12 semester credit hours of upper-division finance courses, an overall 2.5 grade point average, and permission in writing from the instructor, the Department Chair, and the Dean of the College of Business. See the College of Business Undergraduate Advising Center for required forms.
The opportunity for work experience in research of financial operations, including real estate and insurance, and may be undertaken in either private business or a public agency. Opportunities are developed in consultation with the faculty advisor and Department Chair and require approval of both. Internship may be repeated once (for a total of 6 semester credit hours) provided the internships are with different organizations, but only 3 hours may count toward the 21 hours of finance required for the major.
4951-3 Special Studies in Finance
(1-0, 2-0, 3-0) 1 to 3 hours credit. Prerequisites: MGT 3003 and consent of instructor.
An organized course offering the opportunity for specialized study not normally or not often available as part of the regular course offerings. Special Studies may be repeated for credit when the topics vary, but not more than 6 semester credit hours, regardless of discipline, will apply to a bachelor’s degree.
4993 Honors Thesis
3 hours credit. Prerequisite: MGT 3003. Enrollment limited to students applying for Honors in Finance (see page 62).
Supervised research and preparation of an honors thesis. May be repeated once for credit with advisor’s approval.