Prerequisites: FINA 307
Description: Open to masters level and PhD students only. Analysis of risk theory, property and liability risks, and the economic functions of property insurance. Traditional and modern theories of risk, property and liability coverages, and functional insurance areas. The role of property and liability insurance in meeting current economic and social problems in urban core areas of major central cities.
Prerequisites: 2.5 cum GPA; FINA 338.
Description: The economic functions of life insurance. The human-life value concept and the basic forms of life insurance and annuities used in insuring life values. Life insurance pricing, functional company operations, legal aspects, and contractual provision. Health and other specialized forms of human-life value insurance.
Description: Nature and causes of economic insecurity. Analysis of public programs such as Social Security, unemployment insurance, workers' compensation, and public assistance.
Description: Analysis of group life insurance, group medical expense and disability income insurance, private pension plans, profit sharing and thrift plans, Section 401(k) plans, individual retirement accounts (IRAs), Keogh plans for the self-employed, group property and liability insurance, and other employee benefits. An analysis of major public policy issues.
Prerequisites: FINA 338.
Description: Major and minor pure loss exposures facing business firms, the alternative risk management techniques for dealing with these exposure, the most appropriate technique(s) for controlling each exposure, and the financial results so the risk management program remains effective. Actual risk management audits of business firms and case studies are used to integrate the concepts, techniques, and tools.
Prerequisites: GRBA 811 and permission
FINA 850 is open to masters level and PhD students only.
Description: International aspects of financial management. Exchange risk analysis and management. Accessing international capital markets. International capital budgeting. Numerical optimization technique.
Prerequisites: FINA 365 or permission
Open to masters level and PhD students only.
Description: Analysis of the development and functions of the various financial institutions, with emphasis on the nonbank financial intermediary. Sources and uses of funds for each of the major types of intermediary, the nature and structure of financial markets, the behavior of financial institutions, and the theories of interest rate determination.
Description: Advanced development of the corporate finance tools used in financial management. Application of quantitative techniques used in financial statement forecasting, advanced capital budgeting, advanced cost of capital estimation, corporate valuation, and external financing policy of the firm.
This course is a prerequisite for: FINA 475
Prerequisites: GRBA 811 or equivalent
Description: This course covers methods used to value publicly-traded and private equities. Methods used by Warren Buffett are emphasized.
Prerequisites: GRBA 811
Description: The workings of securities markets. The fundamental intuition of the risk-return trade-off. The role of information in financial markets. All major asset pricing models and application to risk management in a portfolio context.
Description: Introduction to financial mathematics related to pricing of derivative securities, including standard options, exotic options and interest rate and bond derivatives. Covers required material for the Society of Actuaries Models for Financial Economics (MFE) exam.
Prerequisites: FINA 382.
Description: Consideration of procedure, instruments, techniques, and trends in financing urban real property; an examination of realty credit markets and sources of funds (private and public); valuation of real property for lending and investment purposes; and measurement of investment performance.
Prerequisites: Admission to masters degree program and permission of major adviser
Prerequisites: Completion of the MBA core requirements
Description: Open to masters level and PhD students only. Assuming a background of knowledge which includes the finance function in business and the technique of financial analysis, this course confronts the student with the unique role of financial management which relates both to the company as an operating entity and to the interest of the owners in the results of the operation.
Prerequisites: FINA 361
Description: Open to masters level and PhD students only. Critical examination of the relation of the capital markets to the external financing problems of the firm. Advanced developments of the finance specialization with major emphasis on the theoretical issues.
Prerequisites: Admitted to PhD degree program in Economics or the College of Business Administration
Description: This class covers the research methods used in accounting and finance. Emphasis is on empirical testing using statistical and mathematical programming languages.
Prerequisites: Admission to PhD degree program in Finance
Description: This course is a primer to help facilitate new PhD candidates in their transition from student to teacher. The course is largely self-directed study, however there is mentoring from a faculty member. The course is based around four accountabilities. The student will learn strategies to develop: 1) an environment conducive to learning, 2) a curriculum, 3) a delivery system for the curriculum, and 4) an evaluation system. The course culminates with the construction of a teaching portfolio.
Prerequisites: FINA 961
Open to PhD students only.
Prerequisites: Admission to doctoral degree program and permission of supervisory committee chair