FINA 3001: Finance Fundamentals (2 credits)

Requirements: CSOM pre or mj, 60 cr, Mgmt mi
Grading: A-F or Audit

Comprehensive introduction to financial management principles. Money/capital markets, risk/return/valuation triad, capital budgeting basics. Capital structure, financial leverage. Cost of capital, financial performance measures, dividend policy, working capital management, international financial management/derivatives.

FINA 4121: Financial Markets and Interest Rates (2 credits)

Requirements: CSOM up div undergrad or NONM
Grading: A-F or Audit

Basic framework for valuing fixed income securities. Term structure of interest rates, forward rates, principles of fixed-income valuation. Surveys treasury, corporate, municipal, securitization markets.

FINA 4122: Banking Institutions (2 credits)

Requirements: CSOM up div undergrad or NONM
Grading: A-F or Audit

Managing banking institutions, including commercial banks and thrifts. Theory/practice of banking. Asset management, liability management, capital management. Public policy issues in banking.

FINA 4241: Corporate Financing Decisions (4 credits)

Requirements: CSOM mjr, 60 cr or NONM or Hou
Grading: A-F or Audit

Theoretical/applied understanding of corporate financial decisions. Efficient markets, financial decisions, tax effects, managerial incentives, investment banking, effect of financing issues on investment decisions, basic options.

FINA 4242: Corporate Investment Decisions (4 credits)

Requirements: CSOM up div undergrad or NONM
Grading: A-F or Audit

Focuses on efficiently managing working capital and fixed assets. Cases illustrate some of the topics: working capital management, making capital budgeting decisions, targeting/evaluating firm performance, assessing mergers/acquisitions.

FINA 4321: Portfolio Management and Performance Evaluation (2 credits)

Requirements: CSOM up div undergrad or NONM
Grading: A-F or Audit

Introduces investment environment and concepts used to manage security portfolios. Portfolio/security risk/return tradeoffs, portfolio diversification, asset allocation, active portfolio management versus indexed portfolios, portfolio performance evaluation.

FINA 4322: Security Analysis (2 credits)

Requirements: CSOM up div undergrad or NONM
Grading: A-F or Audit

Valuation of equity securities. Basic valuation principles. Relationships between various valuation approaches. Develops/applies tools for self-designed security selection rules.

FINA 4541: Futures, Options, and Other Derivative Securities (4 credits)

Requirements: CSOM up div undergrad or NONM
Grading: A-F or Audit

This course covers terminal payoffs of derivative contracts on commodities, equities, and interest rates. The types of derivatives that we examine include futures, options, swaps, and credit derivatives. Students will learn how to value these derivative contracts using replicating portfolios and models such as the binomial model and the Black-Scholes-Merton model.

FINA 4641: International Finance and Risk Management (4 credits)

Requirements: CSOM up div undergrad or NONM
Grading: A-F or Audit

Introduction to international dimensions of corporate financing, investment, risk management decisions. Foreign exchange markets, international financial systems, foreign exchange rate determination, measuring/managing currency risk, multinational capital budgeting, cost of capital in emerging economies.