Finance
FI 213 Business Finance (back to previous page)
Prerequisites: A 101, EC 133, QA 216. An introduction to the principles of financial management and the impact of financial markets and institutions on that managerial function. An analytic emphasis will be placed on the tools and techniques of the investment, financing, and dividend decision. In addition, the institutional aspects of financial markets, including a description of financial instruments, will be developed. The course will be structured such that two hours per week will be devoted to lecture and one hour will consist of a hands-on application. 3 credit hours.
FI 314 Principles of Real Estate (back to previous page)
Prerequisite: FI 213. An introduction to the fundamentals of real estate practice and the essentials of the various aspects of the real estate business. Emphasis will be placed on brokerage, mortgage financing, investments, management, and valuation relative to commercial and industrial real estate. 3 credit hours.
FI 327 Risk and Insurance (back to previous page)
Prerequisite: FI 213. An examination and evaluation of risk in business affairs and the appropriate methods for handling it from the viewpoint of the business firm. Emphasis will be placed on, and extended consideration devoted to, the various forms of insurance coverage. 3 credit hours.
FI 330 Investment Analysis and Management (back to previous page)
Prerequisite: FI 213. An analysis of the determinants of valuation for common stocks, preferred stocks, bonds, convertible bonds and preferred stock, stock warrants, and puts and calls. Emphasis will be placed on the analytic techniques of security analysis, portfolio analysis, and portfolio selection. 3 credit hours.
FI 341 Financial Decision Making (back to previous page)
Prerequisite: FI 330. An examination of the conceptual foundations underlying portfolio theory, capital market theory, and firm financial decision making. Emphasis will be placed on an integrated analysis of firm financial decision making under varying conditions of certainty and capital market perfections. 3 credit hours.
FI 345 Financial Institutions and Markets (back to previous page)
Prerequisite: FI 213 (may be taken concurrently). An examination of the relationship between the financial system and the level, growth, and stability of economic activity. Emphasis will be placed on the theory, structure, and regulation of financial markets and institutions, coupled with the role of capital market yields as the mechanism that allocates savings to economic investment. 3 credit hours.
FI 371 Structuring and Financing a New Business (back to previous page)
Prerequisite: FI 213. This course covers the financing requirements for a new business start-up. Students will learn the process of evaluating a venture and structuring the deal for raising money to finance the business. 3 credit hours.
FI 425 International Finance (back to previous page)
Prerequisite: FI 213. An introduction to the theory and determination of foreign exchange rates, mechanisms of adjustment to balance of payments disturbance, fixed vs. flexible exchange rates. The international reserve supply mechanism and proposals for reform of the international monetary system. 3 credit hours.
FI 429 Corporate Financial Management (back to previous page)
Prerequisite: FI 213. A comprehensive analysis of the structure of optimal decisions relative to the functional areas of corporate financial decision making. Emphasis is placed on developing an understanding of the applications and limitations of decision models for the investment, financing, and dividend decisions of the corporation. Topics include firm valuation, capital budgeting, risk analysis, cost of capital, capital structure, and working capital management. 3 credit hours.
FI 450-459 Special Topics in Finance (back to previous page)
Prerequisites: FI 213, junior-level standing unless otherwise specified in course schedule description, and instructor or finance coordinator approval. In-depth coverage of a selected topic in finance. 3 credit hours.
FI 597 Practicum (back to previous page)
Prerequisites: FI 213 and senior standing. A course of study designed especially for the supervised practical application of previously studied theory in a group setting. Done under the supervision of a faculty sponsor and coordinated with a business organization. 3 credit hours.
FI 598 Internship (back to previous page)
Prerequisite: FI 213. On-the-job learning in selected organizations in areas related to the student's major. 3 credit hours.
FI 599 Independent Study (back to previous page)
Prerequisite: FI 213. The student undertakes independent research in finance under supervision of an instructor. The topic and meetings will be coordinated with the instructor. Research findings are presented in a formal paper. 3 credit hours.
Finance - Graduate Courses
FI 601 Finance (back to previous page)
Prerequisites: A 620, EC 601 and QA 604. An examination of the valuation, investment and financing of the firm and its business activities. Includes: valuation of investment under uncertainty and its implications on investment strategy; the cost of capital and capital structure and its implications on financing strategy; leasing; dividend policy; fundamental risk management concepts and implications; and (if time is available) mergers, acquisitions, divestiture, the market for corporate control and the hedging of corporate risk exposure.
FI 602 Corporate Valuation and Business Strategy (back to previous page)
Prerequisite: A 620, EC 601 or EC 604 , FI 601 and QA 604. Examination of valuation, investment and financing of the firm and their implications for strategic decision making. Topics include: objective of the firm and agency theory; strategies for the investment decision; short-term financial management strategies; theories of choice and decision making; state preference theory and its implications for planning and strategy; risk measurement and decision making; derivatives and their applications to corporate risk management and planning; efficient capital markets and value creation; capital structure; valuation models and dividend policy; merger and acquisition strategies; the leasing decision and business planning; international financial management strategies.
FI 603 Financial Management with Engineering Applications (back to previous page)
Prerequisites: EM 607, EM 609 or equivalent. An examination of the valuation, investment, and financing of the firm and its business activities. This includes valuation of investment under uncertainty and implications for investment and strategy; the cost of capital and capital structure and implications for financing strategy; leasing; dividend policy; fundamental risk management concepts and implications; and mergers, acquisitions, divestiture, the market for corporate control, and the hedging of corporate risk exposure. Engineering applications. For College of Engineering students only.
FI 605 Data Evaluation and Modeling (back to previous page)
Prerequisite: FI 601. Introduction to the quantitative models used in finance. Application of statistical and deterministic models to financial decision making. Use of electronic spreadsheets and statistical software.
FI 610 Capital Market Theory (back to previous page)
Prerequisite: FI 601. A review of modern portfolio theory. Includes theory of choice under certainty and uncertainty; portfolio analysis; capital asset pricing model; arbitrage pricing model; global investing and portfolio formation; and portfolio performance measurement, evaluation and selection.
FI 611 Equity Market Valuation and Analysis (back to previous page)
Prerequisite: FI 601. Integrated review of investment opportunities in the securities markets. Includes capital market efficiency and arbitrage; valuation models and individual security analysis and valuation; aggregate market analysis; capital market theory; global investing and portfolio performance; alternative investments-analysis and valuation; and introduction to regulation and professional standards of ethics.
FI 612 Applied Portfolio Management (back to previous page)
Prerequisites: FI 601. Course describes and demonstrates the dynamic decision-making process of portfolio management. The portfolio construction process, including the formulation of objectives, constraints and preferences; the ongoing monitoring process; and conducting a performance evaluation. Special attention to recent developments in dynamic portfolio applications.
FI 613 Derivative Market Analysis and Trading Techniques (back to previous page)
Prerequisites: FI 601. An examination of financial futures and options markets; futures and options pricing and hedging; trading techniques.
FI 620 Capital Markets and the Valuation of Fixed Income Securities (back to previous page)
Prerequisites: FI 601. The function and structural trends of financial markets. Analysis of the flow of funds; foundation of interest rates; term structure of interest rates; determinants of interest rates; global financial markets.
FI 625 Advanced Capital Market Issues (back to previous page)
Prerequisites: FI 605, FI 620. An examination of current practices and new developments in the capital markets. Various topics will be selected that highlight recent developments. The primary areas of selection will be financial and capital market innovations, monetary policy, domestic and international money markets, techniques for analyzing financial markets. Students will be required to complete a major, independent research project.
FI 630 Corporate Financial Analysis and Applications (back to previous page)
Prerequisite: FI 601. The examination of short-term financial management, mergers and acquisitions, corporate restructuring, financial distress, corporate risk management, leasing and hybrid corporate securities.
FI 631 Management of Financial Services (back to previous page)
Prerequisite: FI 601. An examination of operational techniques and strategies relevant to financial management in the financial services industry.
FI 632 International Financial Management (back to previous page)
Prerequisites: FI 601. Focus on international capital markets, determinants of foreign exchange rates and hedging techniques. Major emphasis on managing and measuring accounting, economic, and operations exposure; managing political risk; international capital budgeting and short-term financial management; international financing of investment.
FI 635 Advanced Corporate Financial Management Issues (back to previous page)
Prerequisites: FI 602, FI 605. An examination of developments and techniques in financial management, highlighting recent developments. The primary areaS of selection will be value creation, human capital, globalization, risk management and strategic management. Students will be required to complete a major research project.
FI 670 Selected Topics (back to previous page)
A study of selected issues of particular interest to the students and instructor. May be taken more than once.
FI 690 Research Project (back to previous page)
Prerequisite: 15 graduate hours or permission of the instructor. Independent study under the supervision of an adviser.
FI 693 Internship (back to previous page)
Prerequisites: Six credits of advanced finance coursework and approval of program coordinator/adviser. A program of field experience in a corporate or financial services organization.
FI 695 Independent Study I (back to previous page)
A planned program of individual study under the supervision of a member of the faculty.
FI 696 Independent Study II (back to previous page)
A continuation of Independent Study I.
FI 698 Thesis I (back to previous page)
Prerequisite: 15 graduate hours. Periodic meetings and discussions of the individual student's progress in the preparation of a thesis.
FI 699 Thesis II (back to previous page)
A continuation of Thesis I.