FINANCE200 — CAREERS IN FINANCE
1 credit.
An introduction to exploring finance career pathways and successfully navigating the finance internship/full-time recruitment process. Topics include the Finance industry, finance career pathways, career preparation strategies, and success strategies for working in the finance industry.
Requisites: Freshman or sophom*ore standing only and (GENBUS110 or 120 or concurrent enrollment)
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE205 — FINANCIAL MODELING IN EXCEL
1 credit.
A technical skills course in which you will learn how to construct an error-free, well-structured and user-friendly integrated three-statement company model. Constructing a financial model in Excel is a key skill for success as a financial analyst.
Requisites: ACCTIS100 or 300
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE/ECON300 — INTRODUCTION TO FINANCE
3 credits.
Concepts and techniques in corporate finance and investments. Topics include the financial environment, securities markets, financial markets, financial statements and analysis, working capital management, capital budgeting, cost of capital, dividend policy, asset valuation, investments, decision-making under uncertainty, mergers, options, and futures.
Requisites: (ECON101, 111 or AAE215) and (ACCTIS100 or 300 or concurrent enrollment) and (GENBUS206, 306, ECON310, MATH331, STAT/MATH309, 431, STAT 224, 301, 302, 311, 324, 371 or PSYCH210 or concur enrollment) or declared undergrad Bus Exchange Program
Course Designation: Breadth - Social Science
Level - Intermediate
L&S Credit - Counts as Liberal Arts and Science credit in L&S
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE305 — FINANCIAL MARKETS, INSTITUTIONS AND ECONOMIC ACTIVITY
3 credits.
An analysis of the U.S. financial system, its responsiveness to and impact on economic activity and policy, its procedures for assessing and pricing risks on various financial instruments, and its role in the allocation of funds to different sectors in the economy.
Requisites: (ECON/FINANCE300 or concurrent enrollment), or declared in undergraduate Business Exchange program
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE310 — DATA ANALYTICS FOR FINANCE
3 credits.
With a hands-on approach, covers advanced analytics methods for forecasting, predicting, reporting, and analyzing. Relies on Python as its primary coding language. Begins with a review of coding fundamentals and progressively delves into increasingly realistic and complex finance applications.
Requisites: ECON/FINANCE300
Repeatable for Credit: No
Last Taught: Spring 2022
FINANCE/ECON320 — INVESTMENT THEORY
3 credits.
Structure and functioning of securities markets; principles of portfolio construction; models of the tradeoff between risk and expected return.
Requisites: FINANCE/ECON300, (MATH213, 222, or 276) and (GENBUS307, 656, ACTSCI654, 655, ECON400, 410, STAT/MATH310, STAT312, or 333 or concurrent enrollment), or declared in undergraduate Business Exchange program
Course Designation: Breadth - Social Science
Level - Advanced
L&S Credit - Counts as Liberal Arts and Science credit in L&S
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE325 — CORPORATION FINANCE
3 credits.
Development of the theory, method and analytical techniques of financial management. Techniques of capital budgeting; valuation of projects and firms; theory of capital structure; dividend policy; cost of capital; mergers and acquisitions.
Requisites: FINANCE/ECON300 and ACCTIS301 and (MATH213, 222, or 276) and (GENBUS307, ACTSCI654, ECON400, 410, STAT/MATH310, STAT312, or 333 or concurrent enrollment), or declared in undergraduate Business Exchange program
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE330 — DERIVATIVE SECURITIES
3 credits.
Pricing and uses of the most common derivatives including options, forward contracts, futures contracts, and swaps.
Requisites: FINANCE/ECON300, (MATH213, 222, or 276) and (GENBUS307, 656, ACTSCI654, 655, ECON400, 410, STAT/MATH310, STAT312, or 333 or concurrent enrollment), or declared in undergraduate Business Exchange program
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE340 — FIXED INCOME SECURITIES
3 credits.
Analysis of fixed income, bond markets. The objective of the class is to introduce tools for evaluating bonds and making decisions about trading and hedging portfolios of fixed income securities. The main focus is on government bonds and derivative securities associated with them. Consider basic ways to price these bonds using techniques that are well established on Wall St. Introduces basic trading strategies based on exploiting mis-priced securities. Such strategies are profitable when risks are minimized, and so we will discuss several ways to measure and minimize risk. Also discusses the pricing of derivative securities such as bond options and swaps. Other topics include repo financing, mortgage markets, and basic issues involving default risk of corporate bonds.
Requisites: FINANCE330 or concurrent enrollment
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE365 — CONTEMPORARY TOPICS
1-3 credits.
Exploration of subject areas possibly to be introduced into the business curriculum.
Requisites: None
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Spring 2024
FINANCE399 — READING AND RESEARCH-FINANCE
1-6 credits.
Individual work suited to the needs of undergraduate students may be arranged with faculty member.
Requisites: Consent of instructor
Course Designation: Level - Advanced
L&S Credit - Counts as Liberal Arts and Science credit in L&S
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Spring 2024
FINANCE410 — BANK MANAGEMENT
3 credits.
Management of depository financial intermediaries with primary emphasis on commercial banks. Topics include bank regulation, liquidity and reserve position management, loan pricing and analysis, investment portfolio problems and overall asset liability management.
Requisites: FINANCE/ECON300 or declared in undergraduate Business Exchange program
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE420 — INVESTMENT BANKING AND CAPITAL MARKETS
3 credits.
Provides a broad overview of investment banking. Topics covered include valuation, cash flow, initial public offerings, leveraged buyouts, merger and acquisitions and related corporate governance issues.
Requisites: (ECON/FINANCE300 or concurrent enrollment) or declared in undergraduate Business Exchange program
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE/INTLBUS445 — MULTINATIONAL BUSINESS FINANCE
3 credits.
Application of financial theory to the operations of multinational firms; survey of the international financial environment; determinants of international portfolio and direct investment capital flows; management of foreign exchange position and hedging strategies; evaluation of foreign investment projects (multinational capital budgeting); international financial structure decisions; multinational credit institutions and capital markets; taxation of international business.
Requisites: FINANCE/ECON300 and (MATH213, 222, or 276), or declared in undergraduate Business Exchange program
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE457 — ENTREPRENEURIAL FINANCE
3 credits.
Discusses the tools helpful for financing new ventures, with emphasis on their applications. The course also helps students understand the institutional setting that has an impact on the financing conditions of new ventures.
Requisites: FINANCE/ECON300, ACCTIS301, and (MATH213, 222, or 276)
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE/ECON503 — MARKETS WITH FRICTIONS
3 credits.
Search theory provides framework for understanding markets; is used to study questions in monetary, public, financial economics. This course will develop theoretical tools used to introduce frictions in formal models; will address the role of frictions in several applied scenarios.
Requisites: (FINANCE305, ECON301, 302, 311, or 312) and (MATH213, 222, or 276); or graduate/professional standing
Course Designation: Level - Advanced
L&S Credit - Counts as Liberal Arts and Science credit in L&S
Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE535 — APPLIED EQUITY MARKETS RESEARCH 1
3 credits.
A capstone experience focused on investments, research, sales and trading which is designed to provide the opportunity to learn and perform many of the practical skills necessary to research, analyze and pitch equity securities as long investments and/or short sales. Application required.
Requisites: Consent of instructor
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE536 — APPLIED EQUITY MARKETS RESEARCH 2
3 credits.
A second capstone experience involving self-directed research and analysis in the areas of investments, research, sales and trading designed to provide the opportunity to apply concepts learned in FINANCE535. FINANCE535
Requisites: Consent of instructor
Repeatable for Credit: No
Last Taught: Spring 2022
FINANCE601 — STRATEGIC PLANNING FOR ESTATES AND BUSINESS TRANSITIONS
3 credits.
Introduces and broadens understanding of the intricacies surrounding wealth preservation, intergenerational wealth transfer, and trust financial services. Delves into the legal, tax, and financial aspects of estate planning, business succession strategies, and efficient wealth transfer techniques. Explore cutting-edge approaches for mitigating tax liabilities, navigating complex family dynamics, and structuring customized solutions for diverse client needs while highlighting career opportunities within the trust financial services industry and preparing students for a range of professional paths. Gain the expertise needed to effectively advise clients and guide them through the process of safeguarding and transferring their wealth, ensuring a lasting financial legacy.
Requisites: FINANCE/ECON300, FINANCE700, or declared in the Business Exchange program
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
FINANCE602 — WEALTH MANAGEMENT & FINANCIAL PLANNING
3 credits.
As a capstone, it bridges prior academic coursework with professional practice and standards. Employ skills and tools needed to acquire the relevant information and develop a comprehensive financial plan for a client. Provides a complete review of the financial planning CFP Board topics, including ethics and principles of communication and counseling.
Requisites: Consent of instructor
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE610 — BANK SIMULATION AND STRATEGY
3 credits.
Covers advanced asset-liability, hedging, tax minimization, merger/acquisitions and economic value added strategies for depository financial institutions. Students practice these strategies by managing their own bank in a computer simulation model, merging with or acquiring other student's banks using MA software, and by playing a foreign exchange trading simulation.
Requisites: FINANCE410
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2020
FINANCE635 — BUSINESS VALUATION
3 credits.
Theory and practice of business valuation: using financial statements, modeling cash flows, present value, using multiples.
Requisites: FINANCE/ECON300, FINANCE700, or declared in the Business Exchange program
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE645 — INTRODUCTION TO APPLIED SECURITY ANALYSIS
3 credits.
Focuses on industry analysis and security selection, with particular emphasis on identification of value drivers and on communicating the idea to a portfolio manager.
Requisites: Declared in Finance, Investment and Banking: Applied Security Analysis, MBA or Finance, Investment and Banking: M.S.
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Fall 2023
FINANCE646 — INTRODUCTION TO APPLIED PORTFOLIO MANAGEMENT
3 credits.
Focuses on portfolio management, including development and implementation of the decision making process.
Requisites: FINANCE645
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE650 — MERGERS AND ACQUISITIONS
2-3 credits.
Study of the market for corporate control including mergers and tender offers. Motives for business combinations; impacts on security holders, managers, labor, economic efficiency; federal and state laws; offensive and defensive strategies. Term paper involving comprehensive analysis of issues.
Requisites: (FINANCE/ECON300 or 700) and (FINANCE325, 635, or 725)
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE700 — INTRODUCTION TO FINANCIAL MANAGEMENT
2-3 credits.
Introduction to financial management of firms and investment decision making; both theory and practice are emphasized. Topics covered include the financial environment and securities markets, financial statements and analysis, working capital management and capital budgeting, cost of capital, dividend policy, asset valuation, investments, decision making under uncertainty and selected topics such as mergers, options, futures.
Requisites: Declared in a Master of Business Administration degree program
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Fall 2023
FINANCE720 — INVESTMENT THEORY AND PRACTICE
3 credits.
Development of the theory, instruments, techniques and practice of modern investment management. Topics include asset pricing and valuation under certainty and uncertainty, portfolio management, determination of interest rates, immunization strategies and derivative securities.
Requisites: (FINANCE700 and GENBUS704), declared in graduate Business Exchange program, or Financial Economics MS
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Fall 2023
FINANCE725 — CORPORATION FINANCE THEORY AND PRACTICE
2-3 credits.
Theory and practice of financial management of firms. Techniques of capital budgeting under certainty and uncertainty; valuation of projects and firms; theory of capital structure; dividend policy; cost of capital; mergers and acquisitions.
Requisites: FINANCE700
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE730 — DERIVATIVE SECURITIES - THEORY AND PRACTICE
3 credits.
Covers the pricing and uses of the most common derivative contracts including options, forward contracts, futures contracts, and exchange-traded funds (ETFs). Also emphasizes a practical understanding of trading and management of portfolios of these contracts, and makes use of an online trading platform. Mathematical and statistical analyses are used throughout.
Requisites: Graduate/professional standing
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Fall 2023
FINANCE740 — ANALYSIS OF FIXED INCOME SECURITIES
3 credits.
Detailed coverage of fixed income securities and their derivatives; asset backed/mortgage backed securities; pricing and portfolio strategies; term structures models and other analytical tools.
Requisites: (FINANCE700 and GENBUS704) or declared in graduate Business Exchange program
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE/INTLBUS745 — MULTINATIONAL BUSINESS FINANCE
2-3 credits.
Theory of business finance as applied to the operations of multinational firms; financial analysis and control of foreign investment decisions; working capital management; multinational credit institutions and capital markets; special accounting problems and trends in international monetary affairs.
Requisites: FINANCE700
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE755 — CORPORATE RESTRUCTURING & REORGANIZATION
3 credits.
Financial policy decisions such as working capital management, dividend policy, capital structure and cost. Case studies emphasized.
Requisites: FINANCE700 and (FINANCE725, 726, or 635)
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2017
FINANCE757 — ENTREPRENEURIAL FINANCE
2-3 credits.
About a half of all new businesses fail in the first five years. Learn about the tools, state-of-the-art valuation methods, and practical knowledge that are needed to make appropriate financing decisions in such highly uncertain environments.
Requisites: (FINANCE700 and GENBUS704) or declared in graduate Business Exchange program
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE765 — CONTEMPORARY TOPICS
1-4 credits.
Exploration of advanced subject areas possibly to be introduced into the business curriculum.
Requisites: Graduate/professional standing or declared in graduate Business Exchange program
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Spring 2024
FINANCE799 — READING AND RESEARCH-FINANCE
1-6 credits.
Individual work suited to the needs of graduate students may be arranged both during regular sessions and the intersession periods.
Requisites: Consent of instructor
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Spring 2024
FINANCE830 — ADVANCED DERIVATIVE SECURITIES
3 credits.
Introduces continuous-time financial models essential for the advanced analysis of derivative securities. Discuss the fundamental mathematical concepts and tools from continuous-time stochastic processes including Brownian motion, Poisson processes, stochastic calculus, and change of measure. This provides a framework for analyzing derivative securities including their pricing, hedging, and risk management. In particular, covers the Black-Scholes and stochastic volatility models for equity options; basic term-structure modeling for interest rate derivatives; and reduced-form credit-risk models. Emphasis is put on applications and economic interpretation rather than mathematical rigor.
Requisites: Declared in Financial Economics MS
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE835 — APPLIED SECURITY ANALYSIS AND INVESTMENT MANAGEMENT I
5 credits.
The management of an actual portfolio of investments. Engage in security analysis, develop a portfolio policy, and participate in field research such as trips to interview the management of potential portfolio acquisitions.
Requisites: Declared in Finance, Investment and Banking: Applied Security Analysis graduate program
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Fall 2023
FINANCE836 — APPLIED SECURITY ANALYSIS AND INVESTMENT MANAGEMENT II
4 credits.
Continuation of Finance 835.
Requisites: FINANCE835
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2024
FINANCE850 — APPLIED CORPORATE FINANCE I
4 credits.
Advanced corporate finance course that provides graduate students practical experience by working on consulting projects. Students work on applied projects in the areas of capital budgeting, capital structure and cash distribution policies. Emphasis on application of theoretical corporate finance concepts.
Requisites: Declared in Finance, Investment and Banking: Corporate Finance and Investment Banking graduate program
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Fall 2023
FINANCE851 — APPLIED CORPORATE FINANCE II
5 credits.
Students apply advanced corporate finance training in the areas of real options, mergers and acquisitions, and corporate restructuring and reorganization to problems provided by corporate sponsors. Development of analytical, written and oral presentation skills through presentations to the corporate sponsors.
Requisites: FINANCE850
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2020
FINANCE920 — THEORY OF FINANCE
3 credits.
Intensive review of modern theories of corporate finance and investments.
Requisites: Declared in Business PHD
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Fall 2023
FINANCE970 — SEMINAR- INVESTMENTS (PH.D.)
3 credits.
Intensive study and critical examination of recent empirical and theoretical literature investments.
Requisites: Declared in Business PHD
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Spring 2024
FINANCE971 — SEMINAR-CORPORATE FINANCE (PH.D.)
1-3 credits.
Intensive study and critical examination of recent empirical and theoretical literature in corporate finance.
Requisites: Declared in Business or Economics PhD programs
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Spring 2024
FINANCE972 — TOPICS SEMINAR-FINANCE PHD
3 credits.
Special topics of current or emerging interest in financial economics.
Requisites: Declared in Business PHD
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: No
Last Taught: Spring 2021
FINANCE973 — SEMINAR-WORKSHOP IN FINANCE
2 credits.
Seminar primarily devoted to the generation of original research in the field of finance for the Ph.D. dissertation and subsequent publication in the academic literature.
Requisites: Declared in Business PHD
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Spring 2024
FINANCE974 — ADVANCED TOPICS SEMINAR-FINANCE PHD
3 credits.
Discuss topics of current and emerging interests in financial economics; analyze open questions and new methodologies that are being applied to address these questions. Build on knowledge in financial economics and further previous exposure to both continuous-time and discrete-time dynamic models. Topics will evolve over time as new papers will be added and addressed.
Requisites: Declared in Business or Economics PhD programs
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
FINANCE990 — FINANCE INDEPENDENT RESEARCH PHD THESIS
1-12 credits.
Individual work to complete dissertation requirement of Ph.D. program.
Requisites: Consent of instructor
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Summer 2023
FINANCE999 — READING AND RESEARCH-FINANCE PHD
1-6 credits.
Individual work suited to the needs of Ph.D. students may be arranged both during regular sessions and during the intersession periods.
Requisites: Consent of instructor
Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement
Repeatable for Credit: Yes, unlimited number of completions
Last Taught: Summer 2023
