Finance

Department Website: Finance

The finance curriculum is designed to give students a solid foundation in financial theory while developing skills and techniques necessary to manage today’s dynamic business environment. The globalization of both product and financial markets, rapid development in information technology, and recent advances in the field of finance have created a growing need for well-qualified graduates. Challenging career opportunities exist in the securities and financial services industry, information systems, and corporate financial management.

Finance Concentration

Program Requirements

Course List
Code	Title	Hours
BFIN 322	Intermediate Finance	3
BFIN 367	Financial Reporting and Analysis	3
BFIN 422	Investment Analysis	3
BFIN 423	Financial Management Cases	3
Electives chosen from the following:		3
BFIN 324	Financial Modeling
BFIN 325	Financial Institutions
BFIN 327	International Finance
BFIN 424	Real Estate Principles
BFIN 426	Mergers and Acquisitions
BFIN 429A	Portfolio Management I
BFIN 429B	Portfolio Management II
BFIN 429C	Portfolio Management III
Total Hours		15

Courses

BFIN 320. Principles of Finance. (3 Credits)

Financial analysis and management, including time value of money, risk and return models, valuation, the cost of capital, capital budgeting techniques, and capital structure theory. Fall and Spring.

Prerequisites: Prerequisites exist. Refer to Zagweb.

Equivalent: MBUS 520

Enrollment is limited to students with a program in Undeclared Business, Accounting, Business Administration, Engineering Management, Analytical Finance, Bus for Engineer Technologies or General Business.

BFIN 322. Intermediate Finance. (3 Credits)

A continuation of BFIN 320; new topics include working capital policy and management, advanced capital budgeting techniques, options, and futures.

Prerequisites: BFIN 320 with a minimum grade of C

Enrollment is limited to students with a program in Finance or Analytical Finance.

BFIN 324. Financial Modeling. (3 Credits)

This course applies financial concepts to build analytic frameworks and financial models that can be used to value corporate initiatives including capital investment or mergers and acquisitions. This course will help develop financial and strategic intuition when tackling business problems as a finance professional.

Prerequisites: BFIN 320 with a minimum grade of C

Enrollment is limited to students with a program in Undeclared Business, Accounting, Business Administration, Analytical Finance or General Business.

BFIN 325. Financial Institutions. (3 Credits)

Allocation of financial flows through the markets. Topics covered include the various financial institutions, fund flows, structure of markets, and management of financial institutions. On sufficient demand.

Prerequisites: BFIN 320 with a minimum grade of C-

Enrollment is limited to students with a major in Business Administration.

Enrollment limited to students in the School of Business college.

BFIN 327. International Finance. (3 Credits)

A study of financial considerations inherent in international business operations. Topics include: foreign currency markets and exchange rate forecasting; international risk exposure analysis and hedging strategies; international project evaluation and capital budgeting; and international trade financing methods.

Prerequisites: BFIN 320 with a minimum grade of C-

Enrollment is limited to students with a major in Accounting or Business Administration.

Enrollment limited to students in the School of Business college.

BFIN 367. Financial Reporting and Analysis. (3 Credits)

Prerequisites: ACCT 260 with a minimum grade of D and BFIN 320 with a minimum grade of D

Enrollment limited to students in the School of Business college.

BFIN 422. Investment Analysis. (3 Credits)

Basic principles and fundamentals of securities markets. Introduction to alternative investment choices and portfolio management theory.

Prerequisites: BFIN 322 with a minimum grade of C

Enrollment is limited to students with a program in Undeclared Business, Business Administration or Analytical Finance.

BFIN 423. Financial Management Cases. (3 Credits)

Case problems in corporate financial management. Topics include working capital, raising long-term capital, capital budgeting, cost of capital, and asset structure.

Prerequisites: BFIN 322 with a minimum grade of C

Enrollment is limited to students with a major in Business Administration.

Enrollment limited to students in the School of Business college.

BFIN 424. Real Estate Principles. (3 Credits)

A study in the principles and practices of real estate marketing and financing. On sufficient demand.

Prerequisites: BFIN 320 with a minimum grade of C-

BFIN 426. Mergers and Acquisitions. (3 Credits)

Merger types and characteristics, theoretical motivations for mergers, and principles of valuation are covered within the corporate finance framework.

Prerequisites: BFIN 320 with a minimum grade of C-

Enrollment is limited to students with a major in Business Administration.

Enrollment limited to students in the School of Business college.

BFIN 429A. Portfolio Management I. (1 Credit)

This is the first segment of a course that runs for three consecutive semesters beginning in the Spring semester of the student's junior year. Registration by instructor permission.

Prerequisites: BFIN 320 with a minimum grade of C-

Enrollment limited to students with a semester level of Fourth Year (96+ credits) or Third Year (60-95.99 credits).

Enrollment is limited to students with a major in Undeclared Business, Accounting, Business Administration or Finance.

Enrollment limited to students in the School of Business college.

BFIN 429B. Portfolio Management II. (1 Credit)

This is the second segment of a course that runs for three consecutive semesters beginning in the Spring semester of the student's junior year.

Prerequisites: BFIN 429A with a minimum grade of C-

Students with a semester level of Fourth Year (96+ credits) may not enroll.

Enrollment is limited to students with a major in Business Administration.

Enrollment limited to students in the School of Business college.

BFIN 429C. Portfolio Management III. (1 Credit)

This is the third segment of a course that runs for three consecutive semesters beginning in the Spring semester of the student's junior year.

Prerequisites: BFIN 429B with a minimum grade of D

Enrollment limited to students with a semester level of Fourth Year (96+ credits) or Third Year (60-95.99 credits).

Enrollment is limited to students with a major in Undeclared Business, Accounting, Business Administration or Finance.

Enrollment limited to students in the School of Business college.

BFIN 489. Special Topic Seminar. (0-3 Credits)

May be repeated for credit.

Credit by arrangement. On sufficient demand.

Prerequisites: BFIN 320 with a minimum grade of D

Enrollment is limited to students with a major in Business Administration.

Enrollment limited to students in the School of Business college.

BFIN 491. Directed Study. (1-3 Credits)

May be repeated for credit.

An individually designed course appropriate to the student's concentration. Available Summer only.

Enrollment limited to students with a semester level of Fourth Year (96+ credits) or Third Year (60-95.99 credits).

Enrollment is limited to students with a major in Business Administration.

Enrollment limited to students in the School of Business college.