FINAN – Finance
FINAN 101 ORIENTATION TO BUSINESS AND FINANCE (1-0-1)(F). Introduction to the world of business and finance. Designed to survey the functional areas within business, acquaint student with career alternatives, and provide background information pertaining to the policies and programs within the College of Business and Economics.
FINAN 201 FUNDAMENTALS OF REAL ESTATE (3-0-3)(F/S). Foundations of real estate decision-making related to personal and professional real estate activities. Coverage of both residential and commercial roles of real estate in the U.S. economy. Includes an introduction to real estate brokerage, valuation, and mortgage financing.
FINAN 208 PERSONAL FINANCE (3-0-3)(F/S). This course addresses the growing complexity of financial decision-making faced by the individual: how to avoid financial entanglements; installment buying; borrowing money; owning or renting a home; budgeting and money management; savings and investment alternatives; life, health, accident and auto insurance; and personal income taxes and estate planning.
FINAN 231 PRINCIPLES OF INSURANCE (3-0-3)(F/S). Fundamental legal principles involved in insurance contracts. Company practices in relation to insurance management are stressed, as is the field of regulation on both the theoretical and practical applications. All areas of insurance are covered including life, casualty, liability, and medical.
FINAN 250 PERSONAL INVESTING (3-0-3)(F/S). The basic mechanics and principles of investing are introduced to acquaint students with investment vehicles, markets, and processes. Other topics will include speculation, options, and commodities.
FINAN 303 PRINCIPLES OF FINANCE (3-0-3)(F/S). An introductory course focusing on financial management for business concerns. Topics include: allocation of resources for investment in short- and long-term assets, decisions with respect to debt and equity financing, and dividend policy. Lectures and reading are blended with problems and cases for class discussion. PREREQ: Admission to COBE, ACCT 206, ECON 201, ECON 202 and BUSSTAT 207.
FINAN 304 SPREADSHEETS AND DATABASES (1-0-1)(F,S). This course focuses on applications of computer spreadsheets and data bases in financial decision making. The standard software products utilized in financial analysis are introduced, with emphasis placed on using available software to solve problems that frequently arise in finance. Applications include the development of loan amortization schedules, financial statement analysis, capital budgeting, and the valuation of financial securities. PREREQ: Admission to COBE. PRE/COREQ: FINAN 303.
FINAN 410 WORKING CAPITAL MANAGEMENT (3-0-3)(F/S). Considers the short-term financial management of a firm. Financial analysis of past, present, and future operations is emphasized. Cash flow analysis, management of current accounts, and cost benefit analysis are stressed. Case discussions provide a merging of theoretical concepts and practical application. PREREQ: Admission to COBE, FINAN 303.
FINAN 411 CAPITAL BUDGETING AND PLANNING (3-0-3)(F). Acquisition and allocation of long-term sources of funds are the subject of this course. Emphasis is placed on fund raising and the problems associated with measurement and structural influences on the firm’s cost of capital. Cash-flow analysis and alternative investment decision rules are examined. Cases are used for classroom discussion as a link between theory and practice. PREREQ: Admission to COBE, BUSSTAT 208 and FINAN 303.
FINAN 420 MANAGEMENT OF FINANCIAL INSTITUTIONS (3-0-3)(F). The interaction between financial institutions and financial markets are examined and their roles in the economy are discussed. Emphasis is placed on the changes taking place within the financial community, the effects on financial institutions in general, and commercial banking in particular. PREREQ: Admission to COBE, FINAN 303.
FINAN 430 INTERNATIONAL FINANCE (3-0-3)(F). Builds a strong foundation on the relationship among international financial markets. Included is exchange rate determination and parity conditions across countries. Once the foundation is built, the multinational firm is examined in this framework. Included is working capital management, capital budgeting, and cost of capital for the multinational firm. PREREQ: Admission to COBE, FINAN 303.
FINAN 440 FINANCIAL MODELING (3-0-3)(S). Provides hands-on experience using spreadsheets to solve financial problems. Concentrates on bringing classic financial theory into practical settings. Cost of capital, financial statement modeling, valuation, portfolio models and the efficient set, option pricing, and bond mathematics. PREREQ: Admission to COBE, FINAN 304.
FINAN 450 INVESTMENT MANAGEMENT (3-0-3)(F). Examines the U.S. securities markets from both a theoretical and a practical viewpoint. Topics include mechanics of direct investment, measurement and management of risk and return, the Efficient Market Hypothesis, Modern Portfolio Theory, the Capital Asset Pricing Model, and analysis of investment performance. Class format incorporates lecture and readings and may include guest lecturers. PREREQ: Admission to COBE, BUSSTAT 208 and FINAN 303.
FINAN 451 FRONTIERS IN FINANCIAL MARKETS (3-0-3)(S). Focuses on both recent and past innovations in the securities markets. Futures contracts and options and the theory of hedging, using both agricultural and financial futures contracts, options writing, and index options are stressed. A combination of theory and practice will be sought relying on lecture, text material and journal and trade articles, and may include guest speakers. PREREQ: Admission to COBE, BUSSTAT 208 and FINAN 303.
FINAN 460 ASSET ALLOCATION AND SECURITY SELECTION (2-0-2)(F). An applied course in security selection. Students invest donated monies in stocks and mutual funds to generate a return to be used to provide scholarships and software to support the education of future finance students. Students apply tools of financial analysis to choose and manage a portfolio of stocks and mutual funds. PREREQ: Admission to COBE, FINAN 303 and PERM/INST.
FINAN 461 PORTFOLIO PERFORMANCE MEASUREMENT (2-0-2)(S). Students manage a portfolio of stocks and mutual funds to generate a return to be used to provide scholarships and software to support future generations of finance students. Students measure portfolio returns and report those returns to the Advisory Board of the College of Business and Economics. PREREQ: Admission to COBE, FINAN 460 and PERM/INST.
FINAN 498, FINAN 499 SENIOR SEMINAR IN FINANCE (3-0-3)(F/S). Designed to provide an opportunity for study of a particular area of finance at an advanced level. Builds background developed in the regularly scheduled finance courses. The topics offered will be selected on the basis of their timely interest to finance students and a particular expertise of the instructor. PREREQ: Admission to COBE, FINAN 303 and PERM/INST.