Finance (FIN) Courses

FINANCE (FIN)

1998-1999 Bulletin Information

FIN 300 Personal Finance 3 cr
General principles and techniques of finance as applied to personal business transactions
and the management of personal funds. Finance majors may not count this course as a finance
elective.
FIN 315 Business Finance 3 cr
A survey course covering corporate financial management. Basic concepts such as
interest rates, time value of money, cost of capital, and risk are discussed and applied to stock,
bond and long-term investment valuation. Guidelines are developed for corporate, financial
decision-making in the areas of capital structure policy, dividend policy, long-term financing,
corporate control, and working capital management. The impact of ethical considerations and
global financial markets are discussed. Prerequisites: ACC212, BMS 245, ECO 215.
FIN 332 Multinational Finance 3 cr
Analysis of financial management of multinational firms. Introduces the environment of
international capital and foreign exchange markets and examines the effects of the international
business environment on risk, capital budgeting, working capital management, and capital
structure decisions of the firm. Prerequisite: FIN 315.
FIN 343 Money Markets and Financial Institutions 3 cr
An examination of the major financial institutions operating in our economy, and the
environment in which they operate. In light of the changing environment of the financial
institutions area, the changing roles of the various financial markets, major legislation, and the
regulatory agencies are also studied in this course. Prerequisites: ACC 212, BMS 245, ECO 215.
FIN 345 Principles of Insurance 3 cr
Examines risks facing the individual and business organizations and applications of
public and private insurance to reduce or eliminate such risks. This is a survey course involving
all classes of insurance.
FIN 346 Principles of Real Estate 3 cr
Principles and practices for the entire field of real estate, including the role of private and
governmental agencies; current trends and developments. Prerequisite: FIN 315.
FIN 350 Financial Statement Analysis 3 cr
In-depth coverage of the principles and practices of effective analysis of the financial
statements of business firms for the purpose of understanding (1) the economic and financial
characteristics and current conditions of the business, (2) particular strategies the firm may select
with which to compete, and (3) the accounting principles and procedures underlying the financial
statements. The course integrates concepts from accounting, economics, finance, and
management. Prerequisite: FIN 315.
FIN 410 Intermediate Business Finance 3 cr
`In-depth coverage of financial planning and management, including capital budgeting,
financial structure decisions, working capital management, valuation dividend policy and other
topics. Pre-requisite: FIN 315.
FIN 411 Problems in Business Finance 3 cr
Actual and simulated cases in finance from business and industry; includes business of all
sizes. Prerequisites: FIN 343, FIN 410, FIN 420.
FIN 420 Investments 3 cr
Survey of the characteristics of investment alternatives and the investment environment,
including market operations and regula-tions, sources and uses of information, and an
introduction to capital market theory. Prerequisite: FIN 315.
FIN 421 Security Analysis and Portfolio Management 3 cr
The development of the theory and practice of security analysis and portfolio
management. Security analysis involves the fundamental determination of security values
through economic, industry, and firm analysis. Portfolio management addresses asset selection
and allocation for the construction and maintenance of portfolios that meet specific investment
objectives in a risk-return context. Prerequisite: FIN 420.
FIN 430 Derivative Securities 3 cr
Covers principles of Options and Futures contracts and their economic functions.
Options: basic strategies; combinations and spreads; pricing; and the various types of contracts.
Futures: fundamentals of the market; contract specifications and their uses. Program trading and
portfolio insurance. Prerequisite: FIN 315.
FIN 445 Life and Disabilities Insurance 3 cr
Principles and practices of insurance used for family and income protection against
premature death and disability; retirement and pension plans including group insurance and
social security. Prerequisite: FIN 315.
FIN 446 Real Estate Appraisal 3 cr
Principles and practices of real estate appraisal to include: residential analysis, site
evaluation, neighborhood considerations, building estimates, interest and cap rates, income
approaches. URAR reports, farm and land, Uniform Standards, commercial direct and yield
capitalizations. Prerequisite: FIN 346.
FIN 470 Depository Institutions Management I 3 cr
Principles, problems, practices, procedures, regulations, and analysis involved in the
capital management, asset management, liability management, deposit structure, liquidity
management, loan documentation, loan compliance and other areas of the depository institutions.
Prerequisites: FIN 315, FIN 343 (FIN 343 may be taken concurrently).
FIN 471 Depository Institutions Management II 3 cr
Principles, problems, practices, procedures, regulations, and analysis involved in the
consumer, real estate, commercial, and agricultural lending areas of the depository institution.
Also the trust area, safe deposit operations, receiving functions, and director's responsibilities and
liabilities are analyzed. Additionally, an asset/liability management computer simulation is
utilized. Prerequisite: FIN 470.
FIN 490 Special Topics 3 cr
Designed to provide senior students an opportunity to study selected topics of particular
interest. Prerequisites: FIN 315 and instructor's permission.
FIN 492 Seminar: Finance 3 cr
Oral reports on readings of various aspects of business finance. Prerequisites: FIN 315
and instructor's permission.
FIN 494 Directed Study in Finance 3 cr
Primarily designed to give superior students an opportunity to study selected topics of
particular interest. Grades are awarded on a satisfactory/unsatisfactory basis. Prerequisites: FIN
315, FIN 343, FIN 410, FIN 420.
FIN 496 Finance Internship 3 cr
The internship program is designed to give students practical experience in their field of
study. Students will completed directed projects under the supervision of a faculty advisor. No
more than three hours of internship may be counted toward a degree in the College of Business
and Management Studies. Grades are awarded on a satisfactory/unsatisfactory basis.
Prerequisites: FIN 315, FIN 343.
FIN 501 Financial Theory and Practice 3 cr
Theory and practice of assembling, investing, and managing capital. Major topics
include estimating a firm's cost of funds, basic and advanced capital budgeting techniques,
capital structure analysis, and dividend policy theory and practice. Prerequisite: FIN 315.
FIN 510 Advanced Financial Theory and Practice 3 cr
Advanced theory of the firm's investment, financing, and dividend decisions in keeping
with the objective of maximizing shareholder wealth. Prerequisite: FIN 501.
FIN 511 Problems in Business Finance 3 cr
Actual and simulated cases from business and industry requiring rigorous financial
analysis. Prerequisite: FIN 501.
FIN 520 Investments 3 cr
Study of investment alternatives and their environment, including market operations and
regulations, sources and uses of information, and an introduction to capital market theory.
Prerequisite: FIN 501.
FIN 532 Multinational Finance 3 cr
Analysis of the organization of American banking systems for international operations;
functions of foreign money and capital markets in international banking and finance; the
export-import banks and intergovernmental institutions; foreign lending and investment criteria
of private financial institutions; foreign exchange; balance of payments; intergovernmental
monetary agree-ments, organizations and controls. Prerequisite: FIN 501.
FIN 570 Depository Institutions Management I 3 cr
Principles, problems, practices, procedures, regulations, and analysis involved in the
capital management, asset management, liability management, deposit structure, liquidity
management, and other areas of the depository institution. Prerequisite: FIN 501.
FIN 571 Depository Institutions Management II 3 cr
Principles, problems, practices, procedures, regulations, and analysis involved in the
consumer and real estate lending areas of the depository institution. Also, loan documentation,
loan compliance, cultural diversity, and ethical considerations are discussed. Prerequisite: FIN
570.
FIN 590 Special Topics 3 cr
Designed to provide graduate students an opportunity to study selected topics. (A student
may count no more than 4 hours of Special Topics in the M.B.A. degree program). Prerequisite:
permission of the department chair and director of graduate studies.
FIN 592 Graduate Seminar in Finance 3 cr
Detailed examination of current developments and concepts in finance, with extensive
student participation. Prerequisite: FIN 501.
FIN 594 Independent Study 3 cr
Reading and research on selected topics. Conference and formal research report required.
Prerequisite: permission of department chair and director of graduate studies.

Department of Finance

College of Business and Management Studies