| Finance | FIN | 404 | Financial Strategies and Text Analysis | 3 OR 4 hours. | Learn the developments made in analyzing textual information. Discuss implications for financial regulations and trading strategies (including high frequency trading). 3 undergraduate hours. 4 graduate hours. Prerequisite(s): Credit or concurrent registration in IDS 371; or ECON 346. Recommended background: FIN 310; or FIN 510 for graduate students. |
| Finance | FIN | 412 | Portfolio Management | 3 hours. | Development of portfolio theory; establishment of portfolio objectives for individuals, corporations, banks, pension and mutual funds; evaluation of portfolio performance. Prerequisite(s): FIN 310. |
| Finance | FIN | 415 | Fixed Income Securities | 3 hours. | Valuation of fixed income securities, term structure estimation and arbitrage trading with practical application using real data. Prerequisite(s): FIN 310. |
| Finance | FIN | 416 | Options and Futures Markets | 3 hours. | History and institutional structure of options and futures markets. Uses of futures and options for arbitrage, speculation and hedging by managers of domestic and multinational organizations. Analysis of factors which determine futures and options prices. Prerequisite(s): FIN 310. |
| Finance | FIN | 418 | Commodities, Energy, and Related Markets | 3 OR 4 hours. | Covers markets; physicality; laws and regulations; market participants; fundamentals (ags, metals, petroleum, electricity, emissions, and shipping); spreads; options; and, risk management. 3 undergraduate hours. 4 graduate hours. Prerequisite(s) Credit or concurrent registration in IDS 371 or Credit or concurrent registration in ECON 346 or Credit or concurrent registration in STAT 481 or Credit or concurrent registration in IE 345; or graduate standing. Recommended background: Credit or concurrent registration in FIN 310 or Credit or concurrent registration in FIN 510; and Credit or concurrent registration in FIN 416 or Credit or concurrent registration in FIN 516. |
| Finance | FIN | 430 | Introduction to Money and Banking | 3 hours. | Payment and banking systems; credit and market risk management; The Federal Reserve System; globalization of monetary, banking, and regulatory systems. Prerequisite(s): FIN 300. |
| Finance | FIN | 431 | Management in the Financial Services Industry | 3 hours. | The principles of management of corporations in the financial services industry, emphasizing commercial bank management and risk. Methodology includes computerized bank management simulation or case studies. Prerequisite(s): FIN 300. |
| Finance | FIN | 442 | International Finance | 3 hours. | Financial management within an international context. International monetary system and financial markets, management of foreign investments, working capital management, exchange risks, taxation and earnings reports. Prerequisite(s): FIN 300 and FIN 310. |
| Finance | FIN | 444 | Small Business Finance | 3 hours. | Aspects of acquiring funds for small business enterprises. Topics include the trade-off of liquidity and profitability, management of working capital, and capitalization. Prerequisite(s): FIN 300. |
| Finance | FIN | 455 | Asset Management | 1 TO 4 hours. | Applied course in Investments. The emphasis is on modern quantitative techniques for asset management. Students will use real data, and learn to create their own spreadsheet optimization programs in MS excel. Prerequisite(s): FIN 310 or 510; or consent of the instructor. Recommended Background: FIN 300. Students must be comfortable with linear regressions matrix algebra, basic calculus. Spreadsheet proficiency is essential. |
| Finance | FIN | 465 | Property and Liability Insurance | 3 OR 4 hours. | Using property and liability insurance to manage risk. Topics may include fire, marine, consequential loss, crime, title, automobile, and workers' compensation insurance. 3 undergraduate hours. 4 graduate hours. Prerequisite(s): FIN 300; or consent of the instructor. |
| Finance | FIN | 466 | Life and Health Insurance | 3 OR 4 hours. | Types, uses, and evaluation of life and health insurance. Economics of the industry. Regulation and taxation. 3 undergraduate hours. 4 graduate hours. Prerequisite(s): FIN 300; or consent of the instructor. |
| Finance | FIN | 472 | Real Estate Finance | 3 OR 4 hours. | Finance principles applied to real estate; financing of residential and income-producing real estate; real estate development finance; secondary mortgage market; taxation and real estate finance. Same as ECON 472. 3 undergraduate hours. 4 graduate hours. May not be used to satisfy the economics credit requirement for the MA in Economics and Ph.D. in Economics. Elective credit only will be applied toward these degrees. Prerequisite(s): ECON 218 or ECON 220. |
| Finance | FIN | 473 | Introduction to Risk Management | 3 hours. | Introduction to risk management. Loan and credit management; credit scoring. Risk measurements and reserves; banking and insurance capital requirements, the BASEL accord, tail events and catastrophic event insurance. Financial contracts and hedging. Same as IDS 473. Prerequisite(s): FIN 300 and IDS 371. |
| Finance | FIN | 480 | Market Microstructure & E Trdg | 3 OR 4 hours. | Details of how financial markets work. Market structures; models of price discovery; limit order models; liquidity and price impact; time effects; and, how electronic traders use these ideas to improve trading and research. 3 undergraduate hours. 4 graduate hours. Prerequisite(s): Credit or concurrent registration in IDS 371 or Credit or concurrent registration in ECON 346; or 300-level undergraduate standing or graduate standing. Recommended Background: Credit or concurrent registration in FIN 310; or Credit or concurrent registration in FIN 510. |
| Finance | FIN | 494 | Special Topics in Finance | 1 TO 4 hours. | An intensive study of a selected topic in finance. Topics vary by sections and by term. 1 to 3 undergraduate hours. 2 to 4 graduate hours. May be repeated if topics vary. Students may register for more than one section per term. May be repeated to a maximum of 6 hours for undergraduates; may be repeated to a maximum of 8 hourse for graduate students. Prerequisite(s): Consent of the instructor. |
| Finance | FIN | 495 | Competitive Strategy | 4 hours. | Multidisciplinary analysis of organization strategy and policy using case method and/or business simulation. Assignments involve extensive library research as well as oral and written reports. Prerequisite(s): Senior standing in the College of Business Administration and completion of all other CBA core courses, or consent of the instructor. |
| Finance | FIN | 500 | Introduction to Corporate Finance | 4 hours. | Theory of corporate finance: goal of the firm, time value of money, investment decisions (under certainty and uncertainty), net present value, capital markets, and corporate financing decisions. Prerequisite(s): Credit or concurrent registration in ACTG 500 and FIN 500. |
| Finance | FIN | 510 | Investments | 4 hours. | Theory and practice of investment analysis. Topics included are the institutional organization of security markets, and fundamental principles of asset valuation with application to specific securities. Prerequisite(s): FIN 500. |
| Finance | FIN | 512 | Portfolio Analysis | 4 hours. | Development of portfolio theory; establishment of portfolio objectives; evaluation of portfolio performance; investment objectives for individuals, corporations banks, pension and mutual funds, and their interrelation with economic environment. Prerequisite(s): FIN 510. |
| Finance | FIN | 516 | Theory and Structure of Options and Futures Markets | 4 hours. | History and institutional structure of options and futures markets. Uses of futures and options for arbitrage, speculation and hedging by financial and portfolio managers of domestic and multinational organizations. Prerequisite(s): FIN 510 or MATH 586. |
| Finance | FIN | 520 | Corporate Finance | 4 hours. | Advanced topics in corporate finance including capital structure, dividend policy, financial restructuring, bankruptcy, and leasing. Emphasis on recent developments in corporate finance and financial economics. Prerequisite(s): FIN 500. |
| Finance | FIN | 530 | Money and Banking | 4 hours. | The functions of money; monetary standards; development and operation of commercial banking and the Federal Reserve System. Theories of the supply and demand for money; effects of monetary changes on economic activity, interest rates, and income. Prerequisite(s): FIN 500. |
| Finance | FIN | 531 | Capital Markets | 4 hours. | Capital markets in the private economy. Flow of funds in financial markets and financial intermediaries. Pricing of securities. Short-term money markets and the Federal Reserve System. Market for long-term securities. Financial markets and the stability and progress of the economy. Prerequisite(s): FIN 500. |
| Finance | FIN | 542 | International Finance | 4 hours. | Financial management within an international context. International monetary system, exchange rates, foreign investments, working capital management, financing trade, taxation and earnings reports. Prerequisite(s): FIN 510. |
| Finance | FIN | 544 | Entrepreneurial and New Venture Financing | 4 hours. | The financing of new business. Estimating cash needs and then determining sources to finance them. This course is designed for those wanting to start their own business. Prerequisite(s): FIN 500. |
| Finance | FIN | 551 | Financial Decision Making I | 4 hours. | First foundation course for the study of modern financial economics. Two-period individual consumption and portfolio decisions under uncertainty and their implications for the valuation of securities. Prerequisite(s): Consent of the instructor. |
| Finance | FIN | 570 | Quantitative Methods in Finance | 4 hours. | Statistical and optimization techniques for portfolio management, risk management, proprietary trading, securities regulation and market making. Prerequisite(s): ACTG 500 and ECON 520 and FIN 500 and IDS 570; or consent of the instructor. |
| Finance | FIN | 571 | Empirical Issues in Finance | 4 hours. | The methodology used in analyses of market efficiency, asset pricing and capital allocation. Prerequisite(s): FIN 500 and consent of the instructor. |
| Finance | FIN | 573 | Risk Management | 4 hours. | Introduction to risk management. Risk measurements and reserves; banking and insurance capital requirements, the BASEL accord, tail events, catastrophic event insurance, reinsurance. Financial contracts and hedging. Same as IDS 573. Prerequisite(s): Credit or concurrent registration in IDS 570 and FIN 500. |
| Finance | FIN | 594 | Special Topics in Finance | 1 TO 4 hours. | An intensive study of a selected topic in finance. Topics vary by sections and by term. May be repeated to a maximum of 12 hours if topics vary. Students may register in more than one section per term. Prerequisite(s): Consent of the instructor. |
| Finance | FIN | 596 | Independent Study in Finance | 1 TO 4 hours. | Independent study under the direction of a faculty member. Must be arranged before the start of the semester. May be repeated. Students may register in more than one section per term. Prerequisite(s): Consent of department head or instructor. |
| Finance | FIN | 599 | Ph.D. Thesis Research | 0 TO 16 hours. | Independent research on topic approved for doctoral dissertation under supervision of faculty advisor. Satisfactory/Unsatisfactory grading only. May be repeated. Prerequisite(s): Consent of the instructor. |