Finance Department

Below is the list of Undergraduate Courses Offered

BEC 325 - Dimensions of International Business
A business perspective on the complexities of operating in a global business environment. After a general overview of the major environmental factors affecting the global marketplace, the course focuses on the business decision making dimensions of international business activities. Topics include cultural, social and economic factors of this environment, followed by business decision issues on global expansion, international strategies, cross-border alliances, organizational forms, international financial management, international marketing and human resource management.
Prerequisites: ECO 201, ECO 202.

BEC 455 - Issues in the European Union and How They Affect the USA
This course is offered in Europe by the Hagan School of Business as part of the Study Abroad Program. It is based on a combination of lectures, research and personal experiential learning. The lectures on the European Union (EU) cover the following general areas: historical/political background; the EU today, including component parts - budget, policies and development; EU/US relations; monetary systems; trade positions and wider social economic dimensions of change for Europe after 1992.
Prerequisite: Approval of the Department Chair.

BEC 461, 462, 463 - Independent Study
Directed independent study on specialized topics of economic interest.
Prerequisite: Approval of the Department Chair.

BLW 200 - Contemporary Issues/Practical Law in Everyday Life
An introduction to various problems and transactions which are encountered by most, or all of us, at one time or another. Topics include divorce, child custody, accident cases, vehicle and traffic violations, criminal charges, real estate transactions, bankruptcy, and other general topics.

BLW 300 - Introduction to Law and the Legal System
A study of the role of law in society, legal institutions and the legal process in the American judicial system; an examination of the judicial decision making process, focusing on legal reasoning and the influence of various social forces; an overview of the law of torts and criminal and contract.

BLW 401 - Property, Security Devices, Estates, Trust, Bankruptcy
A study of the legal aspects of real and personal property, including bailments, the ownership and transfer, deeds, leases, and mortgages; secured transactions under the Uniform Commercial Code; insurance and suretyship; the creation, nature and kinds of trusts, wills, and estates, and bankruptcy proceedings, rights and duties, administration and discharge.

BLW 413 - Employment Law
A comprehensive introduction to the area of employment law. Consideration will be given to the rights and responsibilities of employers and employees throughout the employment relationship. Topics to be discussed will include the common law and statutory foundations of employment law, the hiring process, the terms and conditions of employment, and the termination of the employment relationship.

BLW 415 - International  Law and Business
This course provides an introduction to different aspects of public and private international law as they relate to business. Among the topics covered are international law and international organizations, the conflict of laws, comparative law, and international economic regulation.

BUS 130 - The Legal Environment of Business
An introduction to the American legal system and its relationship to the modern business environment, including an examination of basic legal concepts, principles and government regulations - emphasizing relevant areas in constitutional law, antitrust law, international law, administrative agency law, environmental law, consumer protection law, criminal law, tort law, employment law, and contract law.

BUS 140 - The Law of Agency, Business Organizations, Commercial Paper and Sales
An intensive study of the law of agency; the law of business organizations - including their nature, creation, management, termination and the rights and liabilities of owners and officers; the law of commercial paper - including its nature, negotiability, transfer, and discharge, and the liabilities and rights of parties; and the law of sales - including sales contracts, related risks and transfer of title.

BUS 210 - Statistics
Development of the method and techniques of statistical inference, including sampling distributions, estimation, hypothesis testing, correlation, simple and multiple regression, and index numbers.
(Not open to those who have taken MTH 270)
Prerequisites: MTH 133, 134 or equivalent.

BUS 330 - Principles of Finance
The course covers the basic principles of finance such as the time value of money, return, risk, valuation, and diversification, and provides a detailed introduction to the factors in financial decision making, financial services institutions, financial assets, the structure and operation of financial markets, the valuation of financial assets, and key financial management functions.
Prerequisites: BUS 102 or 202, MTH 134 or equivalent or approval of Department Chair.

FIN 322 - Corporate Finance
A comprehensive study of the major issues involved in corporate financial management from the viewpoint of the firm's chief financial officer. Topics covered include the fundamental concepts of risk, return and value; financial analysis and forecasting; working capital management; capital budgeting; long-term financing decisions; cost of capital; capital structure; and dividend policy.
Prerequisite: BUS 330

FIN 329 - Financial Institutions, Markets & Money
A study of money and credit, financial institutions, central banking and monetary policy, money and capital markets, international financial institutions and markets, and the regulating agencies. Topics include the role of financial institutions and their sources and uses of funds, asset and liability management, the Federal Reserve System and its monetary policy, money and capital market instruments, and the dimensions of international banking.
(Not open to those who have taken BEC 328, ECO 308 or ECO 4102.)
Prerequisites: ECO 202, BUS 330.

FIN 333 - Global Finance
A thorough exploration of the multidimensionalities of the global financial marketplace: its environment, major players and instruments, analyzed from a business, managerial perspective. Topics include the International Monetary System, Balance of Payment, Exchange Rate Determination, International Financial Market and its Instruments, International Investment, Global Banking Activities, and selected topics in International Corporate Finance.
(Not open to students who have taken FIN 432)
Prerequisite: BUS 330

FIN 407 - Public Finance
An examination of government operations and its role in economic activity and income distribution. Topics include government functions and institutions; theory of public goods; pricing models; organizational forms; government operations and financial structures; accountability.
Prerequisite: BUS 330

FIN 410 - Management of Financial Institutions
Development of management policies and operations of depository financial institutions. The various sources and uses of funds are analyzed in terms of the banking environment and the basic considerations in commercial banking. The following topics are discussed: structure of the banking system, balance sheet management, deposits, other liabilities, capital structure, cash and liquidity, significant aspects of bank lending, investment policies, trust services, international banking, and profitability analysis.
Prerequisites: FIN 329, ECO 308, or ECO 4102

FIN 411 -  Short-Term Financial Management
A comprehensive analysis of the issues involved in managing short-term financial assets. Topics include: the collection and disbursement systems, accounts receivables and payables management, electronic commerce, treasury technology, short-term investments and borrowing, risk management and international cash management.

FIN 431 - Investment Analysis
An evaluation of common stocks by fundamental and technical methods; of bonds, convertible securities and options employing risk/return analysis; and mutual funds and other investment media by an analysis of their performance records. Personal portfolio management will also be discussed. The impact of contemporary economic conditions and policies on these investment instruments is also analyzed.
Prerequisite: BUS 330

FIN 436 - International Financial Management
The course covers the foundations of financial management for corporations with international operations. After reviewing the multinational environment and foreign exchange market, the course focusses on concepts and basic techniques of exchange and political risk management, multinational cash and working capital management, foreign project evaluation, and multinational tax management.
Prerequisites: FIN 322

FIN 437 - International Financial Markets and Banking
A study of the structure and the operation of international financial markets and banking. The coverage includes foreign exchange market, eurocurrency market, eurocredit and eurobond markets, foreign segments of the national debt and equity markets, and international banking. Institutions and instruments traded in these markets are examined with a special reference to integration, innovation, and regulatory issues.
(Not open to students who have taken FIN 435)
Prerequisites: FIN 329 or ECO 308

FIN 456 - Independent Study In Finance
Students undertake an advanced specialized study project not covered by the regular course offerings. Students participate in individual conferences with a faculty member to plan, execute, and discuss the findings of the project.
Prerequisite: Senior Standing. Permission of Department Chair.

FIN 465 - Internship in Finance
Students are placed in public agencies or private businesses under the direct supervision of an executive of the organization. Students must consult on a scheduled basis with a faculty member. A report based on his/her learning experience must be prepared and approved by both the faculty member and the supervising executive.
Prerequisite: senior standing; permission of Department Chair.

FIN 490 - Seminar in Finance
Supervised research in advanced theoretical and empirical topics.
Prerequisite: Permission of instructor.

IDS 115 - Personal Finance
This course provides students with a solid understanding of the concepts and principles of personal finance. It aims to offer practical guidance in managing finances and avoiding financial pitfalls. It involves using financial knowledge, skills and tools to take advantage of favorable financial opportunities to resolve financial problems, to achieve self-satisfaction in developing a financial plan and to strive toward personal or family financial security. Topics include planning and budgeting, personal taxes, managing fundamental assets, liabilities and investments, and retirement and estate planning.