Master of Science in Finance in Finance - Option II Non-Thesis
|Foundation Study in Finance|
|ECO 501||Economics for Decision Makers||3|
|FIN 501||Finance for Decision Makers||3|
|ECO 502||Quantitative Analysis for Managers||3|
|Finance Core (12 semester hours)|
|FIN 504||Financial Management||3|
|FIN 510||Investment Seminar||3|
|FIN 512||Derivatives & Risk Management||3|
|FIN 571||International Business Finance||3|
|Elective Component - Select 12 advanced hours from Finance below:|
|FIN 515||Fixed Income Analysis||3|
|FIN 520||Advanced Entrepreneurial Finance & Venture Capital||3|
|FIN 533||Applied Financial & Economic Forecasting||3|
|FIN 540||Advanced Financial Statement Analysis and Valuation||3|
|FIN 550||Portfolio Management in Excel||3|
|FIN 530||Fundamentals of Financial Planning||3|
|FIN 536||Advanced Retirement Planning & Employee Benefits||3|
|FIN 534||Advanced Risk, Insurance, and Estate Planning||3|
|FIN 538||Financial Planning Capstone||3|
|Elective Component - Select 3 advanced hours from Economics below:|
|ECO 528||International Economic Problems||3|
|ECO 562||Managerial Economics||3|
|ECO 576||Macroeconomics for Managers||3|
|Research Component (3 semester hours) required:|
|ECO 595||Applied Business Research||3|
Note: Successful completion of the Comprehensive Exam is required of all students.
FIN 501 - Finance for Decision Makers
Finance for Decision Makers. Three semester hours. This course is designed for nonbusiness undergraduate degree holders to prepare for making financial decisions. Basic concepts of finance are applied in both the public and private sectors. Graduate students will learn about financial analysis, financial forecasting, asset management, financial markets and security valuation (including state and local bonds). This course satisfies the finance background requirement for the MBA candidates and may be appropriate for graduate programs in a field other than business administration.
FIN 504 - Financial Management
Financial Management. Three semester hours. A study of business finance within the economic environment including financial reporting, analysis, markets and regulations, with emphasis on global and ethical issues. Risk, valuation, planning and analysis including working capital management and capital budgeting, and other decision rules help maximize the value of the firm. Focus on total quality management and financial considerations in the production of goods and services. Prerequisite: FIN 304 or FIN 501, or consent of instructor.
FIN 510 - Investment Seminar
Investment Seminar. Three semester hours. A comprehensive study of security selection and analysis techniques and of security markets and how they are affected by the domestic and international economic, political, and tax structures. Group discussion, individual and group research, and the computer are utilized. Prerequisite: FIN 504 or consent of instructor.
FIN 512 - Derivatives & Risk Management
This course provides a broad introduction to the derivatives markets including options, futures, and swaps. Derivative securities play an integral part in managing risk for multinational corporations, portfolio managers, and institutional investors, as well as provide opportunities for speculators around the world. The main goal of the course is to leave the student with an understanding of various derivatives strategies and implications for portfolio management. Prerequisites: FIN 510.
FIN 515 - Fixed Income Analysis
This course focuses on securities that promise a fixed income stream (mainly bonds) whose valuation are influenced by interest rates. Students examine the market for and the price/yield determinants of various fixed income securities, including Treasury debt, corporate bonds, agency debt, municipal bonds, mortgage- and asset-backed securities. The concepts and tools taught in this course are those that are useful to managers and investors who want to use these securities in investing, hedging, market-making, or speculating activities. Even though the cash flow streams are fairly predictable and easy to quantify, the ever changing interest rate and credit environment makes the valuation of bonds particularly challenging. Prerequisites: FIN 510.
FIN 520 - Advanced Entrepreneurial Finance & Venture Capital
The goal of this course is to help students understand the dynamics of the capital food chain within the context of the entrepreneurial ecosystem affecting the global economy. To this end, we explore various stages of venture capital investing such as seed, start-up, early, mid and later. Next, we introduce the venture capital model and the valuation aspects of entrepreneurial finance. There is a strong emphasis on modeling cash flows as the most critical component of venture capital decision making. The mechanics of venture capital financing in the form of term sheets, business plans and due diligence process are discussed with respect to deal structuring (the entrepreneur perspective) and deal evaluation (the venture capitalist perspective). Prerequisites: FIN 504. Crosslisted with: FIN 420.
FIN 530 - Fundamentals of Financial Planning
This course exposes students to personal financial planning utilizing basic financial planning skills and tools. Topics include insurance, investment, income tax, business, retirement, and estate planning to some degree within this course. It is through some exposure to all of these sub-fields and discussion of how the planner facilitates effective planning in each of them that students will gain a more complete perspective of the field of financial planning and the requirements of being an effective financial planner. Prerequisites: FIN 304 or FIN 501. Crosslisted with: FIN 430.
FIN 533 - Applied Financial & Economic Forecasting
Introduces students to the tools, techniques and computer software used to create a structural process by which future economic, finance, and business variables are forecasted. Prerequisites: Eco 231 and 232, or ECO 501 and ECO 502. Crosslisted with: ECO 533.
FIN 534 - Advanced Risk, Insurance, and Estate Planning
An advanced assessment of risk management, the risk management process, the insurance industry, insurance company operations, and insurance products for individuals, families, and small businesses. An in depth and comprehensive evaluation of insurance products including homeowners, auto, business life, health, disability, and long term care insurance. An advanced analysis of the estate planning process, asset titling, transferring of assets, and the estate and gift tax system. Both basic and advanced estate planning strategies and implications are also explored. Prerequisites: FIN 530.
FIN 536 - Advanced Retirement Planning & Employee Benefits
This course provides an introduction to retirement plans and employee benefits. The emphasis is on the decision making process of the individual in consultation with the financial planner. After a thorough review of retirement funding, this course discusses qualified pension plans, profit sharing plans and stock bonus plans as well as distributions from and administration of these plans. Other topics include IRAs, SEPs, 401(k)-, 403(b)-, and 457 Plans, Social Security, Deferred Compensation and Non-qualified Plans. Employee benefits are explored in two as both fringe and group benefits. Prerequisites: FIN 530.
FIN 538 - Financial Planning Capstone
This is a comprehensive course that will require students to synthesize and apply all the elements of comprehensive financial planning. This course will integrate education planning, investment planning, retirement planning, estate planning, insurance planning, and tax planning with plan presentation. The final product should be a written financial plan and oral presentation that reflects graduate level understanding and application of all topics involved. Prerequisites: FIN 534, FIN 510, FIN 530.
FIN 540 - Advanced Financial Statement Analysis and Valuation
The goal of this course is to provide the analytical framework students need to scrutinize financial statements, whether they are (i) evaluating a company's stock price, (ii) determining valuations for a merger or acquisition, or (iii) calculating the value of a start-up company from the perspective of a venture capitalist. By understanding the dynamic nature of financial ratios and evaluating the trends in historical series, students will be able to interpret financial statements in today's volatile markets and uncertain economy, and allow them to get past the sometimes biased portrait of a company's performance. Crosslisted with: FIN 440.
FIN 545 - Financial Econometrics
This course is designed for a first course in graduate financial econometrics. The objective of the course is to equip students with necessary methods and techniques that allow them to analyze finance-related studies. The focus of the lecture is modelling financial time series such as prices, returns, interest rates, and exchange rates. Accordingly, the emphasis of the course is on empirical applications. Prerequisites: FIN 504 and ECO 502.
FIN 550 - Portfolio Management in Excel
A review of principles of portfolio management using Excel. There will be an emphasis on (1) Modern Portfolio Theory including the Black-Litterman Approach, and (2) Risk Management Strategies such as Portfolio Insurance, Immunization and Hedging. BLOOMBERG PROFESSIONAL® will be incorporated as much as possible. Prerequisites: FIN 510.
FIN 560 - Behavioral Finance
This course aims to investigate psychology's contribution to finance and economics. The standard approach in finance theory is based on the assumption of rational and unemotional economic agents. However, the anomalies in the financial markets have evidenced the decisions of investors may not be in line with this assumption, leading to inexplicable events such as bubbles. This course discusses psychological explanations for irrational financial decisions. The analysis of deviations from rationality will lead us to the predictability of financial asset price movements by employing psychological principles and explanation of real world market anomalies. Upon successful course completion, students will better understand the decision behavior of an individual investor within a market context. Prerequisites: FIN 504.
FIN 570 - Fin Mkts Instits & Instru
Financial Markets, Institutions and Instruments. Three semester hours. A study of structure and functions of financial markets and institutions focusing on political, social, regulatory and legal effects, as well as demographic diversity, ethical considerations and changing global financial conditions, in finance decision making. Prerequisite: FIN 304 or FIN 501.
FIN 571 - International Business Finance
A study of international corporate finance within the global economic environment, including relationships between exchange rates and economic variables, risks, global working capital management, direct foreign investment, multinational capital budgeting and international financial markets. Prerequisites: FIN 504. Crosslisted with: FIN 471.
FIN 580 - Internship in Finance
The goal of this course is to gain relevant work experience in the student's field of study by developing specific work related skills to improve marketability upon graduation. Students will also build a "network" of professional contacts. Prerequisites: FIN 504 and department approval.
FIN 589 - Independent Study
Individualized instruction/research at an advanced level in a specialized content area under the direction of a faculty member. May be repeated when the topic varies. Prerequisites: Consent of department head.
FIN 590 - Energy Markets
This course is designed as an introduction to the Energy Commodity, Equity, Bond and derivatives markets. Students will learn the impacts of energy related assets on the overall commodity and financial markets. Specific topics covered include an overview of domestic and international energy investments, their impacts on portfolio concepts and general market analysis. The pre-requisite to take this class is FIN 510 Investments. Prerequisites: FIN 510.
FIN 591 - Energy Economics
This seminar-type class concentrates on the macro/micro economic implications of the energy markets. In particular, it ties relevant empirical research with current market dynamics. Students will be exposed to topics including advanced energy market analysis, energy policy and governance. Prerequisites: FIN 590.
FIN 592 - Energy Finance
This seminar-type class highlights the corporate side of energy markets and investments. Students will be exposed to the financial implications of energy markets on diversified as well as sub-sector energy companies. Topics include financing, hedging and project evaluations for energy producers, sellers and users. Prerequisites: FIN 590.
FIN 595 - Applied Fin Research
Applied Financial Research - Three semester hours Different techniques of financial research is investigated and applied to financial data. Experience is gained in research problem definition to literature review, collecting and analyzing the data and plotting and interpreting the results.
FIN 597 - SPECIAL TOPICS
Special Topics. One to four semester hours. Organized class. May be repeated when topics vary.