Finance (FINA)

FINA97
Ethics Assessment

Prerequisites: Senior standing and admission to the Finance Department's Investments Option.

Pass/No Pass only. Required to complete the CFA® - Investments Option within the FINA major.

Description: Ethical standards for investment professionals.

Course details
Credit Hours:0
Max credits per semester:
Max credits per degree:
Grading Option:Pass No Pass

Credit Hours:0

ACE:

FINA260
Personal Finance

Description: Introductory course in the finance area with concentration in personal financial applications. Includes: income and occupation, expenditures, budgeting, consumerism, taxes, consumer credit, banking services, savings and savings instruments, life insurance, social security, annuities, pensions, health insurance and care, automobile, fire, and property insurance, home ownership, investments and securities, mutual funds, and estate planning including wills, trusts, estates, death taxes, and gift taxes.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
ACE Outcomes: ACE 6 Social Science

Credit Hours:3

ACE:ACE 6 Social Science

FINA300
Financial Decision Making

Prerequisites: For non-CoB students only; 2.5 cum GPA; ACCT 200 (or ACCT 201 and ACCT 202) and ECON 200 (or ECON 211 and ECON 212). Credit towards the degree may only be earned in one of FINA 300, FINA 361, FINA 361A and FINA 361H.

Credit toward the degree cannot be earned in both FINA 300 and FINA 361/361A/361H.

Description: Covers the basic principles of Financial Decision Making with an emphasis on time value of money, financial statement analysis, working capital management, capital budgeting and risk management.

This course is a prerequisite for: FINA 382

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA307
Principles of Individual Risk Management and Insurance

Prerequisites: ECON 210 or 211

Description: Fundamentals of risk management and insurance. The nature and treatment of pure loss exposures, legal principles, property and liability insurance, life and health insurance, social insurance, and the functional and financial operation of insurance companies. Personal risk management.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA307H
Honors: Principles of Individual Risk Management and Insurance

Prerequisites: ECON 210 or 211

Description: Fundamentals of risk management and insurance. The nature and treatment of pure loss exposures, legal principles, property and liability insurance, life and health insurance, social insurance, and the functional and financial operation of insurance companies. Personal risk management.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA338
Principles of Individual and Corporate Risk Management

Prerequisites: 2.5 cum GPA;FINA 361/361H with a grade of C or above; or ACTS 440/840

Description: Identification and management of risk at the individual and corporate level. The risk management process and tools for risk management. Different personal insurance policies and corporate risk management methods and their applications. Analysis of value creation of corporate risk management.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA361
Finance

Prerequisites: Sophomore standing; 2.5 GPA; MATH 104,106,107 or 208; BSAD 220; ACCT 201&202; ECON 211&212; ECON 215 or equiv. Prereqs differ for RAIKES, ACTS & ABUS majors-see catalog. Credit towards the degree may only be earned in one of: FINA 300,361,361A and 361H.

Cannot be taken Pass/No Pass. Credit toward the degree may only be earned in one of FINA 300, FINA 361, FINA 361A, and FINA 361H. FINA 361 may replace D and F grades in FINA 361A.

Description: Scope and content of the finance specialization; survey of the major theoretical issues; the financial instruments; analysis of the capital management problems; and development of criteria for financial decision making.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA361A
Finance

Prerequisites: Freshman or Sophomore Only; 3.25 GPA; ACCT 201; ECON 211 & 215 or equiv.; MATH 104, 106, 107 or 208. Prereqs differ for RAIKES, ACTS & ABUS Majors-see bulletin for exceptions. Credit towards the degree may only be earned in one of:FINA 300,361,361A,361H.

Cannot be taken Pass/No Pass. Credit toward the degree may only be earned in one of FINA 300, FINA 361, FINA 361A, and FINA 361H

Description: Scope and content of the finance specialization with emphasis on financial modeling used for valuation; in-depth analysis of major theoretical issues; analysis of capital management problems and criteria for financial decision making.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:FALL

Credit Hours:3

ACE:

FINA361H
Honors: Finance

Prerequisites: CBA Hon;Soph standing;2.5 GPA;MATH104,106,107 or 208;BSAD220;ACCT 201&202;ECON 211&212;ECON215 or equiv.)Prereqs differ for RAIKES,ACTS&ABUS majors-see bulletin for exceptions.Credit towards the degree may only be earned in one of:FINA 300,361,361A,361H.

Cannot be taken Pass/No Pass. Credit towards the degree may only be earned in one of FINA 300, FINA 361, FINA 361A, and FINA 361H.

Description: Scope and content of the finance specialization; survey of the major theoretical issues; the financial instruments; analysis of the capital management problems; and development of criteria for financial decision making.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA363
Investment Principles

Prerequisites: 2.5 cum GPA; FINA 361/361H with a grade of C or above; or ACTS 440/840

Description: Survey of investment risks and rewards, the operation of the securities business, and an introduction to the problems of qualitative and quantitative analysis and portfolio selection.

This course is a prerequisite for: FINA 401; FINA 463; FINA 468; FINA 475

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA365
Financial InstitutionsCrosslisted with ECON 365

Prerequisites: FINA 361 with a grade of C or above or ACTS 440/840

Description: Various institutions which collectively constitute the US financial system and a discussion of their origin and development. Analysis of the supply and demand for funds and characteristic of the main financial markets. Emphasis on the determination of the price of credit and the term structure of interest rates.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Groups:Monetary Economics

Credit Hours:3

ACE:

FINA367
Fixed Income Investments

Prerequisites: 2.5 cum GPA; FINA 361/361H with a grade of C or better; or ACTS 440/840

Description: This course is designed to provide students with a basic understanding of fixed-income markets, fixed-income securities, and tools employed by market participants to the analysis of fixed-income investments. The main topics include (1) debt and money markets, (2) interest rate behavior and determination, (3) bond valuation, (4) managing bond risk, (5) bonds with embedded options, and (6) mortgage-backed and asset-backed securities.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA375
Financial Statement Analysis

Prerequisites: 2.5 cum GPA; FINA 361/361H with a grade of C or above; or ACTS 440/840

Letter grade only

Description: Analysis of the environment in which financial reporting choices are made and what the options are. How financial statements and data are used for various types of decisions. How to avoid misusing financial statement data.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA382
Real Estate Principles and Practice

Prerequisites: FINA 361/361H or FINA 300 or ACTS 440/840

Description: Real estate market: ownership, interests, sales, leases and agencies, special financing institutions, financial aspects of ownership, managerial aspects of brokerage, property valuation, and real estate appraising.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA395
Professional InternshipCrosslisted with BSAD 395, ACCT 395, ACTS 395, ECON 395, MNGT 395, SCMA 395

Prerequisites: An undergraduate major in the College of Business with at least sophomore standing and departmental consent and acceptance into an approved internship. Departmental credit for course cross-listings may have additional requirements for consent.

May be repeated.

Description: Provides an opportunity to study theories, principles, practices, techniques, and strategies utilized in the business field through an internship related to the major field of study and an integral or important part of their program of study. Reflect on classroom knowledge and develop practical experience in professional business situations through an approved internship.

Course details
Credit Hours:0-3
Max credits per semester:3
Max credits per degree:6
Grading Option:Graded with Option
Experiential Learning:Internship/Co-op

Credit Hours:0-3

ACE:

FINA398
Special Topics

Prerequisites: Permission of Department Chair.

Course details
Credit Hours:1-6
Max credits per semester:6
Max credits per degree:6
Grading Option:Graded

Credit Hours:1-6

ACE:

FINA399
Independent Study

Prerequisites: Permission.

Description: Special research project or reading program.

Course details
Credit Hours:1-6
Max credits per semester:6
Max credits per degree:6
Grading Option:Pass No Pass

Credit Hours:1-6

ACE:

FINA399H
Honors: Independent Study

Prerequisites: Good standing in the University Honors Program or by invitation; permission of supervising faculty member and departmental chair.

Description: Special research project or reading program under the direction of a faculty member from the department.

Course details
Credit Hours:3-6
Max credits per semester:6
Max credits per degree:6
Grading Option:Graded

Credit Hours:3-6

ACE:

FINA401
Quantitative Financial Analysis

Prerequisites: FINA 363 or SCMA 350 and 2.5 GPA

Description: Applications of quantitative analysis in finance. Development of time value of money principles, asset pricing models and valuation methods in Finance. Emphasis on applications using appropriate software.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA412
Life and Health InsuranceCrosslisted with FINA 812

Prerequisites: FINA 361 with a grade of "C" or better.

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.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA420
Employee Benefit PlansCrosslisted with FINA 820

Prerequisites: ECON 210 or 211 and 212; FINA 307

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.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA429
Undergraduate Seminar in Japanese Business

Description: Japanese business techniques in the five functional areas: accounting, economics, finance, management, and marketing. Historical perspective and current practices are emphasized. Strong academic emphasis as well as lectures by academicians, business people, and civil servants. Student may apply only 3 hrs towards satisfying the requirements for their major. The other 3 hrs will be used as business elective credit. Course offered in English only by the faculty of the College of Business of Senshu University, Tokyo, Japan. Plant and office visits required.

Course details
Credit Hours:6
Max credits per semester:6
Max credits per degree:6
Grading Option:Graded

Credit Hours:6

ACE:

FINA438
Enterprise Risk ManagementCrosslisted with FINA 838

Prerequisites: FINA 361 with a grade "C" or better.

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.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA450
International Financial Management

Prerequisites: 2.5 cum GPA; FINA 361/361H with a grade of C or above; or ACTS 440/840

Description: International aspects of corporate financial management and financial institutions. Decision making by individual businesses in foreign operations. Explores interaction of multinational corporations and world capital markets with emphasis on quantitative techniques. Current theoretical and practical issues in international finance.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA461
Advanced FinanceCrosslisted with FINA 861

Prerequisites: 2.5 cum GPA; FINA 361/361H with a grade of C or above; or ACTS 440/840

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

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA463
Security Analysis and Warren Buffett Business Valuation Techniques

Prerequisites: 2.5 cum GPA; FINA 363

Letter grade only

Description: Analysis of security instruments, fixed income, equities, convertibles, and business valuation. Both fundamental and technical analysis are treated. Valuation methodologies employed by analysts. The criteria used by Warren Buffett for evaluation of potential acquisitions and investments. Application of computer techniques and models.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA464
Investors with Purpose

Prerequisites: FINA 361 or ACTS 440 and permission

Description: The purpose and function of capital markets. The role of asset managers in fixed income markets, public equity markets and private markets. Emphasis is on the purpose of finance and investing and how it impacts lives. Core topics include ESG investing and private wealth management.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded
Offered:FALL

Credit Hours:3

ACE:

FINA465
Bank ManagementCrosslisted with FINA 865

Prerequisites: 2.5 cum GPA; FINA 361/361H with a grade of C or above or ACTS 440/840; and FINA 365

Description: Bank asset management; policy and practices for reserves, loans and investments. Internal organization of commercial banks. New problems and recent innovations in commercial banking.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA467
Options, Futures and Derivative SecuritiesCrosslisted with FINA 867

Prerequisites: 2.5 cum GPA; FINA 338 or 367 or 863

Description: The use of derivative securities in risk reduction and portfolio management strategies.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA468
Portfolio Practicum I

Prerequisites: FINA 363 and admission to the Finance Department's CFA - Investment Option.

The first course of a two-semester sequence that includes FINA 469/869. Letter grade only.

Description: Practical experience in financial asset management. Economic and industry information, money and capital market forecasts, to determine how to select individual securities and how to develop a portfolio strategy.

This course is a prerequisite for: FINA 469

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA469
Portfolio Practicum II

Prerequisites: FINA 468

The second course of a two-semester sequence that includes FINA 468/868. Letter grade only.

Description: Practical experience in financial asset management. Economic and industry information, money and capital market forecasts, to determine how to select individual securities and how to develop a portfolio strategy.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA475
Strategic Financial Management

Prerequisites: Senior standing; Finance Major; 2.5 GPA; FINA 363; FINA 461/861

Description: Strategic corporate financial decisions on firm value. Cases and projects that synthesize material from other courses within the finance major and core business classes. The application of financial and business principles in value-based management.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA482
Real Estate FinanceCrosslisted with FINA 882

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.

Course details
Credit Hours:3
Max credits per semester:3
Max credits per degree:3
Grading Option:Graded

Credit Hours:3

ACE:

FINA499H
Honors Thesis

Prerequisites: Good standing in the University Honors Program or by invitation, and permission.

Description: Conduct a scholarly research project. Write a University Honors Program or undergraduate thesis.

Course details
Credit Hours:3-6
Max credits per semester:6
Max credits per degree:6
Grading Option:Graded

Credit Hours:3-6

ACE: