ARCHIVE: Fall 2002
Finance (FIN)

FIN 300 Fundamentals of Finance. (3)
fall, spring, summer
Theory and problems in financial management of business enterprises. Prerequisites: ACC 240; ECN 112; QBA 221. Pre- or corequisite: SCM 300.

FIN 331 Financial Markets and Institutions. (3)
fall, spring, summer
Analyzes financial markets and intermediaries. Theory of financial intermediation, interest rate theory, money and capital market instruments, and government regulation. Prerequisite: professional program business student majoring in Finance. Prerequisite with a grade of “C” or higher: FIN 300.

FIN 361 Managerial Finance. (3)
fall, spring, summer
Theories and problems in resource allocation, cost of capital, CAPM and capital budgeting, asset valuation, capital structure, and financing policy. Prerequisite: professional program business student majoring in Finance. Prerequisite with a grade of “C” or higher: FIN 300.

FIN 380 Personal Financial Management. (3)
fall, spring, summer
Dynamic analysis of personal financial planning, including time value of money, stock and bond investment, and retirement and estate planning. Prerequisites: minimum cumulative GPA of 2.00; junior standing; non-Finance major.

FIN 394 Special Topics. (1 – 4)
selected semesters

FIN 421 Security Analysis and Portfolio Management. (3)
fall, spring, summer
Security analysis theory and practice. Selection and management of financial asset portfolios. Securities markets and portfolio risk-return analysis. Lecture, discussion. Prerequisite: professional program business student majoring in Finance. Prerequisites with a grade of “C” or higher: ACC 315; FIN 331, 361.

FIN 427 Derivative Financial Securities. (3)
fall, spring, summer
Study of stock options, index options, convertible securities, financial futures, warrants, subscription rights, and arbitrage pricing theory. Lecture, discussion. Prerequisite: professional program business student majoring in Finance. Prerequisite with a grade of “C” or higher: FIN 421.

FIN 431 Management of Financial Institutions. (3)
fall, spring, summer
Asset/liability and capital management in financial institutions. Influence of market factors and regulatory agencies. Emphasizes commercial banks. Lecture, discussion. Prerequisite: professional program business student majoring in Finance. Prerequisites with a grade of “C” or higher: ACC 315; FIN 331, 361.

FIN 456 International Financial Management. (3)
fall, spring, summer
Exchange rate determination, financial markets, managing multinational corporations, capital budgeting, and hedging currency risk exposure from an international perspective. Prerequisite: professional program business student majoring in Finance. Prerequisites with a grade of “C” or higher: ACC 315; FIN 331, 361.
General Studies: G

FIN 461 Financial Cases and Modeling. (3)
fall and spring
Case-oriented capstone course in managerial finance. Contemporary issues of liquidity management, capital budgeting, capital structure, and financial strategy. Lecture, discussion, group work. Prerequisite: professional program business student majoring in Finance. Prerequisites with a grade of “C” or higher: ACC 315; FIN 331, 361.
General Studies: L

FIN 481 Honors Seminar in Finance. (3)
once a year
Honors course covering topics that include theory and applications concerning managerial finance, investments, and financial institutions. Lecture, discussion. Prerequisite: Finance College of Business honors program student. Prerequisites with a grade of “C” or higher: ACC 315; FIN 331, 361.

FIN 484 Finance Internship. (3)
fall, spring, summer
Academic credit for field work in finance organized through the internship program. Prerequisites: FIN 331, 361; instructor approval.

FIN 494 Special Topics. (1 – 4)
selected semesters

FIN 502 Managerial Finance. (3)
once a year
Theory and practice of financial decision making, including risk analysis, valuation, capital budgeting, cost of capital, and working capital management. Prerequisites: ACC 502; ECN 502; QBA 502.

FIN 521 Investment Management. (3)
once a year
Valuation of equities, fixed incomes, and options/financial futures in an individual security and portfolio context; mathematical asset allocation approaches. Lecture, cases, discussion. Prerequisite: FIN 502.

FIN 527 Derivative Financial Securities. (3)
once a year
Analyzes forwards, futures, and option contracts on bonds, commodities, equities, and foreign exchange. Design of speculative and hedging strategies. Lecture, discussion. Prerequisites: FIN 502, 521.

FIN 531 Capital Markets and Institutions. (3)
once a year
Recent theoretical and operational developments in economic sectors affecting capital markets and institutions. Lecture, discussion. Prerequisite: FIN 502.

FIN 551 Financial Statement Analysis. (3)
once a year
Analyzes corporations’ financial statements to ascertain their financial strength and default risk. Emphasizes studying cash flows. Lecture, cases. Prerequisites: ACC 502; FIN 502.

FIN 556 International Financial Management. (3)
once a year
Behavior of real and nominal currency exchange rates, management of international investment portfolios, corporate exchange exposure, and hedging exchange risk. Lecture, discussion. Prerequisite: FIN 502.

FIN 561 Financial Management Cases. (3)
once a year
Case-oriented course in applications of finance theory to management issues. Acquisition, allocation, and management of funds within the business enterprise. Working capital management, capital budgeting, capital structure, and financial strategy. Lecture, discussion, presentation. Prerequisite: FIN 502.

FIN 581 Applied Corporate Finance. (3)
once a year
Applies theories in corporate finance. Market efficiency, capital structure, “principal-agent” theory, corporate control, dividend policy, and capital budgeting. Prerequisite: FIN 502.

FIN 591 Seminar. (1 – 12)
fall, spring, summer

FIN 594 Entrepreneurial Finance. (3)
once a year
Applies financial economic principles to solve problems associated with incubating and new ventures. Planning, understanding financial needs, structuring contracts. Lecture, cases, discussion. Prerequisite: FIN 502.

FIN 781 Theory of Finance. (3)
once a year
Fundamental tools of financial economics; asset pricing, arbitrage, option pricing, capital structure, dividend policy, asymmetric information, and transaction-cost economics. Prerequisites: FIN 502, 521, 531.

FIN 791 Doctoral Seminar in Finance. (1 – 12)
once a year
Topics may include the following:

Financial Institutions and Markets. (3)
Economic and monetary theory applied to financial markets and institutions; implications of financial structure for market performance and efficiency.
Financial Management. (3)
Financial theory pertaining to capital structure, dividend policy, valuation, cost of capital, and capital budgeting.
Investments. (3)
Investments and market theory; efficient markets hypothesis; option and commodity markets.

Prerequisite: FIN 781.

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Omnibus Courses. For an explanation of additional courses offered but not specifically listed, see “Omnibus Courses.”

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