2016-17 Catalog

Finance

Courses

FINC 3301. Principles of Financial Management. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

An analysis of financial decision-making at the corporate level with emphasis on the maximization of stockholder wealth. Topics covered include financial statement analysis, the valuation of stocks and bonds, cost of capital, capital budgeting, dividend policy, leverage and capital structure, methods of firm valuation, working capital management, mergers and acquisitions, and bankruptcy. Prerequisites: ACCT 2301, ACCT 2302 and ECON 2301.

FINC 3302. Financial Intermediaries. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

A study of the internal operations of financial intermediaries with major emphasis on organization, source and allocation of funds, supervision, and regulation. Prerequisites: FINC 3301, ECON 3303.

FINC 4084. Internship. 1-6 Credit Hours (Lecture: 0 Hours, Lab: 1-20 Hours).

Preapproved and supervised work experience in a Finance related position with a public or private business organization. May be repeated for a total of 6 hours credit. Prerequisite: Junior classification and approval of department head.

FINC 4086. Problems. 1-3 Credit Hours (Lecture: 0 Hours, Lab: 1-3 Hours).

A directed study of selected problems in finance. May be repeated with approval department head. Prerequisite: Senior classification and approval of the department head.

FINC 4300. Advanced Financial Management. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

An advanced analysis of value-based management techniques with emphasis on the factors affecting the corporation's quest to maximize shareholder wealth. Topics covered include financial statement analysis, cash flow analysis, economic and market valued added, securities valuation, the cost of capital, capital budgeting, capital structure, dividend policy, the use of leverage, working capital management, and corporate governance.

FINC 4301. International Financial Management. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

Issues and questions which concern financial management of international corporations. Analysis of the financing of investment abroad and the management of assets in differing financial environments. The foreign investments decision, cost of capital and financial structure for multinational decision making, management of foreign subsidiary working capital, and financial control of multinational operations. Prerequisite: FINC 3301 or approval of department head.

FINC 4302. Real Estate Finance. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

A study of monetary systems, primary and secondary money markets, sources of mortgage loans, federal government programs, loan applications, processes and procedures, closing costs, alternative financial instruments, equal credit opportunity acts, community reinvestment act, and state housing agency.

FINC 4303. Case Studies in Finance. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours). [WI]

Capstone course requires students to use fundamental concepts learned in previous finance, accounting, and economics courses to analyze real-world finance problems. Using both structured and unstructured cases, student teams analyze problems and recommend solutions. Argument is presented both orally and in writing. Cases draw from such areas as corporate finance, investments, international finance, and personal finance. Prerequisites: ACCT 3303.

FINC 4304. Principles of Investments I. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

The development of investment policy; the character of investment risk; a comparison of investment media; description and analysis of security markets and their operations. Prerequisite: ACCT 2302, FIN 3301.

FINC 4307. Investments II. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

This course builds on Investments I, adding new assets (e.g. derivatives), new theoretical models (e.g. option valuation), and new techniques(e.g. hedging strategies). In addition, the course will cover asset management theories and measures. Prerequisite: FINC 3301, FINC 4304.

FINC 4308. Principles of Insurance and Risk Management. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

A survey course focusing on the theory and practice of private insurance and its economic and social significance. Major types of insurance are examined: life, health, automotive, homeowners, and liability. Various forms of risk management, characteristics of insurance contracts, government regulatory characteristics, and institutional structures are studied. Prerequisite: FINC 3301 or permission of department head.

FINC 4385. Seminar in Finance. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

A study of selected topics dealing with problems or unique needs of Finance. May be repeated for credit as topics vary. Prerequisite: Approval from department head.

FINC 5086. Problems. 1-3 Credit Hours (Lecture: 0 Hours, Lab: 1-3 Hours).

This course offers students the opportunity to become acquainted with current research being conducted within the student's area of interest; directed reading of a number of sources selected in concert by the student's professor. Prerequisite: Approval of department head.

FINC 5300. Foundations of Financial Systems. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

An interdisciplinary course that examines principles of accounting, economics, and finance as applied to the contemporary business organization operating in a global market place. Focuses on integration of theory and practice to develop framework for measuring, analyzing, and improving financial performance.

FINC 5301. International Finance and Business Strategy. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

The course examines the major international issues pertaining to finance, including choosing and implementing an appropriate corporate strategy, the determination of exchange rates, international risk management, transfer pricing, and evaluating and financing international investment opportunities. There will be readings and case analysis and students will be required to report on research findings. Credit for both FINC 5301 and BUSI 5301 will not be awarded.

FINC 5305. Case Studies in Corporatet Finance. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

A course designed to use case studies and financial analysis to further the graduate student's knowledge and ability to make financial management decisions. Selected cases will be assigned for outside the classroom analysis, and preparation of proposed solutions. The classroom will be used to discuss the cases, the student's proposal for solutions, and desired courses of action. The cases will be such that students will be required to use prior knowledge, current research, and a good deal of analytical ability in preparing their proposals. Prerequisite: Graduate standing.

FINC 5306. Financial Markets and Institutions. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

This course is intended to give the student a broad coverage of the operation, mechanics, and structure of the financial system within the United States, emphasizing its institutions, markets, and instruments. Monetary policy of the Federal Reserve and its impact upon financial institutions are treated.

FINC 5307. Financial Management. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

Course focuses on financial decision making in the modern corporation. Basic issues include capital budgeting, capital structure, corporate sources of funding, dividend policy, financial risk management, standard theories of risk and return, and valuation of assets. Prerequisite: FINC 5300 or approval of instructor.

FINC 5320. Health Care Finance. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

Health Care Finance offers an introduction to decision making in health care settings using accounting and finance theories, principles, concepts and techniques most important to managers. Credit for both FINC 5320 and ACCT 5320 will not be awarded.

FINC 5385. Seminar on Consumer and Business Finance. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

This course will cover selected consumer and business finance topics. Examples include debt management, initial public offering of a new business, Internet based finance and regulatory aspects, and management of compensation. Students will be expected to research assigned topics and submit reports.

FINC 5390. Selected Topics in Finance. 3 Credit Hours (Lecture: 3 Hours, Lab: 0 Hours).

An examination of different topics in finance from areas such as investments, corporate financial management, and financial markets and institutions. This course may be repeated for credit as the topic changes. Prerequisites: Graduate standing and FINC 3301 or FINC 5307 or approval of instructor.