Course Descriptions

FIN 301
Principles of Finance - 3 Credits
This course examines the role of finance in relation to other business operations and within the financial community. It covers the development and use of the basic tools for financial administration, financial analysis, planning and control, investment decisions, and management of sources of funds.

Prerequisites: ACC111; MGT105.

FIN 302
Corporate Finance - 3 Credits
This course is an analysis of capital investments relative to goals, risks, and rates of return and includes a study of equity and debt financing, dividend policy, and multinational operations.

Prerequisite: FIN301.

FIN 305
Analysis of Financial Statements - 3 Credits
Modern investing and lending decisions are based on financial statement analysis. Investing and lending decisions require the application of thorough analysis to carefully evaluated data. Sound information is obtained by an understanding of the data from which it is derived as well as by the application of tools of analysis to aid in its extraction and evaluation. The course focuses on understanding the data that are analyzed, as well as the methods by which they are analyzed and interpreted. Course cross listed with ACC305.

Prerequisite: ACC211.

FIN 401
Insurance and Risk Management - 3 Credits
This course presents fundamental principles of insurance and their application in life, disability, property, and liability insurance. The concept of risk and the tools and techniques used by a risk manager are included. The course provides the basic knowledge for intelligent solutions of personal and business insurance problems as well as for further specialized study of insurance.

Prerequisites: ECO202; MAT220.

FIN 403
Investment Management - 3 Credits
This course analyses the theory and practice of investment management. Topics include principles of selection of assets, personal portfolio management, and performance criteria for selecting and making alternative corporate investment decisions.

Prerequisites: FIN301.

FIN 405
Seminar in Finance - 3 Credits
This seminar examines and evaluates current theories, issues, and problems relating to the financial management of business. Emphasis is placed on both internal and external environmental forces affecting managerial policies and decisions. The course includes study of relevant literature and financial policies prevailing in business. A case method of study is followed.

Prerequisites: FIN302, 305.

FIN 407
Business Valuations for Mergers and Acquisitions - 3 Credits
This course considers the development of business valuations from the point of view of mergers, friendly or unfriendly, and appraisal of businesses for acquisition purposes. Tax and accounting rules involved in merger and acquisition activity are reviewed. Tactics of defense in acquisition battles are discussed and the ultimate impact on shareholder wealth is examined. Valuation of closely held businesses for sale or estate purposes is explored.

Prerequisites: FIN302, 305.

FIN 409
Real Estate Financing - 3 Credits
This course considers real estate as an investment medium. Appraisal techniques and investment valuation based on both income flows and replacement cost are examined. Real estate development in terms of residential, shopping centers, industrial parks is examined. Public policy regarding subsidy programs and rent control is reviewed.

Prerequisites: ECO202; MAT230.

FIN 411
International Financial Management - 3 Credits
This course covers international capital movements and balance of payment problems, as well as problems of international operations as they affect financial functions. Foreign and international institutions and the foreign exchange process are examined. Financial requirements, problems, sources, and policies of multinational corporations are considered.

Prerequisite: ECO201.