Finance Course Descriptions
FIN 525 Portfolio Management
This course will give students an overview of the basics of investing, portfolio management, and risk management, from the perspective of efficient markets theory. Topics covered will include the institutions of the modern financial system and the types of assets available for investment; models of risk, the risk-return tradeoff and utility; optimal portfolio choice; the Capital Asset Pricing Model; multifactor models of return; portfolio evaluation metrics; basic dynamic portfolio management strategies; the efficient markets hypothesis, and possible departures from market efficiency.
FIN 536 Financial Management
How managers should interface with accounting and finance departments and how firms meet their financial objectives. Financial tools and techniques, which can be used to help firms maximize value by improving decisions relating to capital budgeting, capital structure, and working capital management are explained. Related topics include multinational financial management, risk management, and mergers and aquisitions.
FIN 539 Investment Analysis
Modern investment and traditional approaches to investment valuation, selection and management. Modern investment theory, including asset pricing models and efficient market hypotheses are explained. Traditional approaches to stock and bond selection, including fundamental analysis and technical analysis, will be explained in detail. Investment management strategies for both individual and institutional investors will be developed and discussed.
FIN 541 Bank Management
The goal of the course is to introduce students to the banking industry, and develop skills necessary to effectively manage a financial institution. We will start with an overview of the banking industry and its regulatory environment. Then we will learn how to analyze bank performance, how to measure and manage various risks associated with financial intermediation, and how to maximize bank market val
FIN 545 Capital Markets and Financial Institutions
Financial institutions and capital markets form the basis of the financial system in our global economy. Capital markets are the conduits in which capital flows through financial institutions to a network of organized and over the counter markets. Students will learn how many of these markets work in tandem to propel our economy forward. Topics include money markets, foreign exchange markets, derivative markets, the banking industry and the business of banking. The role of money in the capital markets and a variety of financial products offered by financial institutions will be explained.
FIN 552 Mergers & Acquisitions
The focus of this course is on buying controlling stakes in firms. The main topics to be covered are: growth through acquisitions, critical steps in the M&A process, financial valuation of mergers and friendly acquisitions, hostile takeovers, and buyouts. The course should be of interest to students interested in pursuing careers as private equity investors, advisors in investment banking, and corporate managers.
FIN 578 Behavioral Finance
Behavioral Finance examines how individuals' attitudes and behavior affect their financial decisions. This course reviews recent research on possible mispricing in financial markets due to the nature of psychological biases. Moreover the course deals with behavioral finance models explaining investor-behavior or market anomalies when rational models provide no sufficient explanations. Topics will include among others overconfidence, prospect-theory, heuristic-driven biases and frame dependence.
MBA 502 Finance
How firms meet and manage their final objectives. Today's financial environment, the fundamental trade-off between risk and return, the time value of money, and valuing future cash flows are discussed. Financial tools and techniques, which can be used to help firms maximize value by improving decisions related to capital, are explained. Bond and stock valuations are introduced.
MBA 504 Financial Accounting
Introduction and exploration of basic financial accounting terminology, principles, concepts, and their relevant business applications. This course will include the recording, summarization, and adjustment of financial transactions and the preparation and presentation of the basic financial statements. Other topics will include valuation methods for cash, accounts receivable, inventory and property, plant and equipment. This course is also offered as EMP 502.