This is an archived copy of the 2015-16 catalog. To access the most recent version of the catalog, please visit http://coursecatalog.tamuc.edu.

Finance Courses

FIN 501 - Finance for Decision Makers
Hours: 3
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
Hours: 3
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
Hours: 3
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 Mgmt
Hours: 3
Derivatives and 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.

FIN 513 - Financial Managment
Hours: 3

FIN 515 - Fixed Income Analysis
Hours: 3
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 - Adv Entrepr Fin & Venture Cap
Hours: 3
Entrepreneurial Finance and 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 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). There will be case studies on such topics as the role of incubation centers, value creation by operational venture capital firms, exit strategies of limited partners, and risk management by venture capital firms. Pre-requisites : FIN 504

FIN 530 - Fundamentals of Financial Planning
Hours: 3
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.

FIN 533 - Applied Fin & Eco Forecasting
Hours: 3
Applied Economic and Financial Forecasting. Three semester hours. 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. Cross-listed with ECO 533.

FIN 535 - Adv Risk and Insurance Plannin
Hours: 3
Risk and Insurance Planning - Three semester hours The Insurance planning course looks at the basics of insurance and risk and their role as relates to financial planning. The topics covered include life, annuities, disability, long-term care including social security, Medicare and Medicaid. It also includes types of Employee benefit plans and their various facets such as cafeteria plans and flexible spending accounts. Pre-requisites : FIN 530

FIN 536 - Adv Ret Plan & Emp Comp
Hours: 3
Retirement Planning and Employee Benefits - Three semester hours 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. Pre-requisites : FIN 530

FIN 537 - Advanced Topics in Estate Planning
Hours: 3
Advanced topics in Estate Planning focuses on the efficient conservation and transfer of wealth, consistent with the client’s goals. It is an advanced study of the legal, tax, financial and non-financial aspects of this process, covering topics such as trusts, wills, probate, advanced directives, charitable giving, wealth transfers and related taxes. Estate Planning explores the taxation of gifts, estates, and generation skipping transfers. The course includes the calculation of the gift tax, estate tax, and generation skipping transfer tax in consideration of applicable exclusions and deductions. Students are exposed to estate planning techniques such as lifetime transfers and gifting, charitable gifting, the utilization of trusts and partnerships, and postmortem planning. Prerequisites: FIN 530.

FIN 538 - Financial Planning Capstone
Hours: 3
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 535, FIN 500, FIN 530.

FIN 540 - Advanced Financial Statement Analysis and Valuation
Hours: 3
Financial Statement Analysis & Valuation - Three semester hours 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.

FIN 550 - PORTFOLIO MANAGEMENT IN EXCEL
Hours: 3
PORTFOLIO MANAGEMENT IN EXCEL - Three semester hours. 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 570 - Fin Mkts Instits & Instru
Hours: 3
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
Hours: 3
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 304 or FIN 501.

FIN 589 - Independent Study
Hours: 4
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 595 - Applied Fin Research
Hours: 3
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
Hours: 1-4
Special Topics. One to four semester hours. Organized class. May be repeated when topics vary.

FIN 599 - MS Finance Comp
Hours: 0