Finance (FN)
142. PERSONAL FINANCE 2 cr. Prerequisite:
None. Cannot be counted as part of the business minor or finance major.
Focuses on personal financial decision making, including use of credit,
use of insurance products, use of banking and other financial services,
and investing for future financial goals.
312. BUSINESS FINANCE 3 cr. Prerequisites: two semesters each
of accounting, economics (EC 201 202), and business statistics. Financial
problems in organization, operation, expansion, and reconstruction of
business concerns, particularly the corporate type.
316. MANAGEMENT OF FINANCIAL INSTITUTIONS 3 cr. Prerequisite:
FN 312. Management strategies and operating policies of financial institutions,
management effects of regulatory policies, and the theory of financial
intermediation. Use of financial markets and instruments in managing
financial institution assets and liabilities.
342. INVESTMENTS 3 cr. Prerequisite: FN 312. Principles
governing selection and management of investments, from the viewpoints
of large and small investors.
405. SEMINAR IN FINANCE 3 cr. Prerequisites: FN 312 and/or
as announced. Contemporary issues in finance not covered in depth in
other departmental courses. Specific topics, method of presentation,
and student requirement will be designated by the seminar leader.
418. REAL ESTATE FINANCE 3 cr. Prerequisite: FN 312. Theory
and measurement of return and risk on real-estate loans; valuation theory
and discounting cash flows of current income producing properties. Application
of finance theory to investment strategy for real-estate lenders and
related government agencies.
439. INTERNATIONAL BUSINESS FINANCE 3 cr. Prerequisite: FN
312. Tools and techniques necessary to understand the financial management
of the firm in an international environment. Exchange rate determination,
risk analysis, transactions denominated in foreign currency, nontraditional
trading practices, and the unique problems faced by multinational firms.
Exchange rate risk in foreign securities investments.
440. INTERMEDIATE CORPORATE FINANCE 3 cr. Prerequisite:
FN 312. Expands knowledge of corporate finance developed in FN 312.
Students make extensive use of spreadsheet modeling and simulation software
to address complex financial problems. Topics include capital budgeting,
financial planning, working capital management, capital structure, and
dividend payout policy.
441. PROBLEMS IN BUSINESS FINANCE 3 cr. Prerequisite: FN 440
and one other FN course. Practice in the analysis of typical problems
arising in the financial management of business enterprises. Capstone
course in the finance sequence, incorporating examples and case studies.
442. RISK MANAGEMENT AND INSURANCE FUNDAMENTALS 3 cr. Prerequisite:
FN 312. Focuses on the management of business risks whose outcomes are
subject to some degree of direct control (e.g., fire damage that may
be preventable), as compared to risks whose outcomes are a result of
changing market forces.
444. MANAGING FINANCIAL RISK WITH DERIVATIVES 3 cr. Prerequisite:
FN 312. Introduction to analytical and decision making processes used
to transfer risk with futures and options. Theory and application of
pricing, speculating, and hedging techniques in financial markets.
498. INDEPENDENT STUDY 1 3 cr. Prerequisites: finance major
with 3.0 average in finance; consent of chair and instructor. Research
project supervised by a member of the department willing to act as advisor.
Student selects an aspect of finance, establishes goals, and develops
a plan of study. Plan must be approved by the chair and filed with the
dean’s office. Consult the chair for departmental guidelines established
for such study.
