FINA 3001. Introduction to Financial Management. 3 cr. hrs.
Principles and methods of corporate finance, valuation, analysis and management. Evaluation
of business projects (capital budgeting) using financial criteria and different financing
choices (capital structure) for these projects are reviewed. Introduction to the financial
markets and both investment and financing instruments available to corporations and
individuals. Emphasis placed on the framework and methodology involved in financial
decision making. Prereq: BUAD 1560 or MANA 2028; ACCO 1031 which, may be taken concurrently.
FINA 3002. Introduction to Banking. 3 cr. hrs.
Introductory course in banking to help understand the basic foundations and nature
of banking, how banks make money, the regulatory structure, current issues in bankin,
and overall value creation. Exposed to the various metrics and tools used to measure
success in banking, as well as the current issues bankers face today. Structured to
build a foundation for future study in banking leading towards internships. Prereq:
ACCO 1030, ECON 1103, FINA 3001.
FINA 3986. Internship Work Period. 0 cr. hrs.
SNC/UNC grade assessment. Prereq: FINA 3001; cons. of prog. dir. and cons. of Business Career Center.
FINA 4001. Advanced Financial Management. 3 cr. hrs.
Extension of the development of the theory of financial management, including an examination
of the relevant literature. Concentration will be on applications of financial management
theory. Topics include working capital, capital budgeting, dividend policy issues,
cost of capital, and principles of valuation. Required for finance specialization.
Prereq: ACCO 1031, FINA 3001, BUAD 1060.
FINA 4002. Commercial Real Estate Finance. 3 cr. hrs.
Provide the student with an in-depth knowledge of real estate finance, real estate
investment, and the operation of the real estate capital markets. The objective of
the course is to understand the many sources and uses of capital in commercial real
estate industry. The course begins with the mechanics of mortgage finance, followed
by a detailed presentation of mortgage underwriting, lender ratios and discounted
cash flow analysis. Prereq: FINA 3001.
FINA 4011. Investment Analysis. 3 cr. hrs.
A study of financial instruments such as stocks, bonds, convertibles, and options,
and the markets in which they are traded. The primary concern of the course is with
the decision process that evaluates the various investment opportunities. Prereq:
ACCO 1031 and FINA 3001 and BUAD 1060.
FINA 4020. Financial Planning. 3 cr. hrs.
Introduction to the framework and tools for preparing personal financial plans as
a career path in the financial services industry. Topics covered include major asset
purchases, managing liabilities, determining insurance needs, developing investment
portfolios, tax strategies, retirement plans, and estate planning. Course also covers
professional ethical standards. Prereq: FINA 3001.
FINA 4040. International Finance. 3 cr. hrs.
This course looks at financial decision making in an international context. Global
financial markets and foreign currency issues will be studied along with the international
financing and capital investments. Prereq: FINA 3001.
FINA 4060. Introduction to Financial Derivatives. 3 cr. hrs.
This course will focus on the mechanics, pricing and use of financial derivatives,
including futures contracts, options, swaps, collateralized securities, Treasury Bond,
Eurodollar, and S&P 500 Index futures contracts will be discussed in detail. Stock
options and index options also will be discussed. Important pricing models including
Black-Scholes and the Binomial Option Pricing Model also will be discussed. Risk management
using these instruments will be emphasized. Prereq: FINA 3001.
FINA 4065. Fixed Income Securities. 3 cr. hrs.
Focuses on the use of fixed income securities to fulfill investment requirements or
accommodate corporate financing strategies. Coverage includes fixed income markets
and the securities traded in those markets, techniques used to value fixed income
securities, and derivative strategies using fixed income securities. Prereq: FINA 3001.
FINA 4070. Investment Management, Ethics and Society. 3 cr. hrs.
Examines the ethical and social responsible dilemmas that managers encounter in the
investment management industry. Includes the professional standards for ethical behavior,
corporate governance, accounting manipulation, and socially responsible investing.
Prereq: FINA 3001.
FINA 4080. Entrepreneurial Finance. 3 cr. hrs.
Focuses on the financial aspects of entrepreneurship, from the first decision as to
whether or not to undertake an activity, to projecting financial needs, reviewing
the trade-offs between alternative financing choices, to harvesting. Topics will include
but are not limited to: bootstrapping, the role of angel investors, private placements,
venture capital, banking options, commercial financing, public offers (IPOs, PIPES),
factoring, franchising, and joint ventures. Prereq: FINA 3001.
FINA 4081. Investment Banking. 3 cr. hrs.
Review of the common types of transactions that investment bankers work on and the
different methods used to value those transactions. Some of these include IPOs, seasoned
equity offerings, exchange offers, mergers, hostile tender offers, leverage buyouts,
and going private transactions. Also exposes students to different methods used to
value those transactions via applied projects, model building, cases, etc. Course
may contain online teaching elements to supplement the in-class time. Prereq: FINA 3001 and FINA 4001.
FINA 4082. Alternative Investments. 3 cr. hrs.
Designed to help students understand the growing field of alternative investments.
This course offers an in-depth study of the management of hedge funds and covers various
alternative investments including commodities and managed futures, private equity,
exchange traded funds (ETFs), real estate, and credit derivatives. Prereq: FINA 3001.
FINA 4112. Investment Management. 3 cr. hrs.
Extends the concepts introduced in FINA 4011. Topical coverage includes modern portfolio theory, options, futures and hedging
techniques. Emphasis of course is on application of the concepts to investment strategies.
Prereq: FINA 4011.
FINA 4210. Bank Leadership. 3 cr. hrs.
Overview of the primary leadership functions within a bank today. Exposed to primary
decision-making committees within banks as well as the overall structure. Develops
a working knowledge of all bank functions and the primary managerial roles which occur
within a bank. Prereq: FINA 3002 and MANA 3001; Admitted to the Commercial Banking program.
FINA 4211. Bank Risk Management. 3 cr. hrs.
Designed to focus on risk management and risk evaluation process that banks face in
executing the duties of banking. Exposed to the overall corporate governance structure
that is used by financial institutions to determine the risks the institution faces,
the magnitude of these risks and the appropriate actions taken to remediate risks
and build the necessary controls. External organizations that are a party to the risk
process are discussed, as well as, internal committees and structures recommended
for the survivability of banks. Prereq: FINA 3002 and FINA 4210; Admitted to the Commercial Banking program.
FINA 4310. Introduction to Applied Investment Management. 3 cr. hrs.
First of four required Applied Investment Management program courses. Students study
securities law, regulatory issues and the basic mechanics of investment research analysis.
Students learn how to access and utilize a variety of sources of corporate and securities
information to support investment research, including the Securities and Exchange
Commission's database (EDGAR) of disclosure documents that public companies are required
to file. Intended to prepare students for their full time summer investment internship.
Class laboratory required. Prereq: FINA 3001; FINA 4011; ACCO 3001; accepted into the AIM program.
FINA 4320. Research and Financial Analysis. 3 cr. hrs.
This course provides students an understanding of various portfolio objectives and
policies, as well as an appreciation of different investment strategies and styles.
Building on the concepts learned in FINA 4011, students will apply their understanding of key investment tools-quantitative research
methods, economic relationships, and financial statement analysis. During this course
students will analyze and manage an equity and fixed income portfolio. Class laboratory
required. Prereq: FINA 4310; and FINA 4001, which may be taken concurrently. Only open to students accepted into the AIM program.
FINA 4330. Valuation and Portfolio Management. 3 cr. hrs.
This third required course in the AIM program includes the common approaches to valuing
assets, the basic measurements of risk and return, and the key elements of the portfolio
management process. Students will continue to manage an investment portfolio, evaluate
performance, and prepare reports on the results at the end of the semester. The course
will also include a professional lecture series, where investment practitioners discuss
their own investment philosophies, strategies, and experiences. Class laboratory required.
Prereq: FINA 4320 and FINA 4112, which may be taken concurrently. Only open to students accepted into the AIM program.
FINA 4360. Applied Financial Modeling. 3 cr. hrs.
Provides the Excel modeling skills to apply the theories, concepts, and tools for
effective financial analysis and decision-making. Students learn how to build their
own interactive financial model “from scratch” to practice blending finance, accounting,
and spreadsheet skills. Applications include In financial statement analysis, forecasting,
stock and bond valuation, target capital structure estimation and capital budgeting.
Emphasis is placed on the discounted cash-flow analysis as well as sensitivity analysis.
Prereq: FINA 3001.
FINA 4370. Advanced Investment Management, Ethics and Society. 3 cr. hrs.
As the final course in the AIM program, students learn how to manage investments in
a manner that is both ethical and socially responsible. Students acquire a thorough
understanding of the Chartered Financial Analyst® professional standards of conduct
in the application of ethics to the moral dimensions of money management. Students
are also exposed to the strategies and performance of investment funds that are socially
responsible. In doing so, students consider such issues as discrimination and affirmative
action in the workplace, economic justice, and environmental impact, among others,
in the evaluation of companies for inclusion in a socially responsible fund. Course
may contain online teaching elements to supplement the in-class time. Prereq: FINA 4065 and FINA 4330, both of which maybe be taken concurrently; only open to students accepted into the
FINA 4371. Private Equity, Ethics and Society. 3 cr. hrs.
Connects basic financial concepts with analytical skills in the evaluation of private
equity opportunities. Valuation, capital structure and deal construction are evaluated
through rigorous case study within the context of the moral and societal implications.
Examines topics such as the United Nations-supported Principles for Responsible Investment,
the potential implications on society of the leveraged buyout model, fairness of management
compensation and the future of private equity in the domestic and international economy.
Prereq: FINA 4310 and FINA 4081; enrollment in AIM program.
FINA 4931. Topics in Finance. 2-3 cr. hrs.
Topics will vary.
FINA 4953. Seminar in Finance. 3 cr. hrs.
Prereq: FINA 3001.
FINA 4986. Finance Internship - Grading Period. 3 cr. hrs.
S/U grade assessment. Prereq: FINA 3986; Jr. stndg., cons. of prog. dir. and cons. of Business Career Center.
FINA 4995. Independent Study in Finance. 1-4 cr. hrs.
Prereq: Cons. of dept. ch.