Finance
FNCE 3010-3. Corporate Finance. Covers the theory and practices governing the management of capital in a business firm. Examines the determinants of capital requirements, methods of obtaining capital, problems of internal financial management, and methods of financial analysis. Prereqs., BCOR 1020, 2000, and 2200. Restricted to students with 52 hours completed.
FNCE 4000-3. Financial Institutions Management. Analyzes the structure, markets, and regulations of financial institutions. Studies problems and policies of internal management of funds, loan practices and procedures, investment behavior, deposit and capital adequacy, liquidity, and solvency. Prereqs., FNCE 3010 and 3020.
FNCE 4030-3. Investment and Portfolio Management. Develops modern portfolio theory and applies it to pricing both individual assets and portfolios of assets. Topics include Markowitz portfolio selection model, capital asset pricing model, arbitrage pricing theory, options, futures, bonds, portfolio performance measurement, and issues of market efficiency. Prereqs., FNCE 3010 and 3020.
FNCE 4040-3. Derivative Securities. Develops the modern theory of contingent claims in a mathematical framework oriented toward applications. Examines how to use derivatives for risk management and to tailor portfolio payoffs. Provides an in-depth analysis of the properties of options. Prereqs., FNCE 3010 and 3020.
FNCE 4050-3. Capital Investment Analysis. Focuses on capital budgeting and investment issues. Emphasizes issues relating to cash flows, capital rationing, the investment versus financing decision, leasing, fluctuating rates of output, investment timing, capital budgeting under uncertainty, and investment decisions with additional information. Prereqs., FNCE 3010 and 3020.
FNCE 4060 (1-6). Special Topics in Finance. Presents new subject matter in finance. The summer offering is the London Seminar in International Finance and Business. Prereqs. vary depending upon course offering. See advising office.
FNCE 4070-3. Financial Markets and Institutions. Examines the economics of financial markets and the management of financial institutions, both domestic and international. Topics include an overview of U.S. and international financial markets, pricing and risk factors, interest rates, markets for securities and financial services, and markets for derivative financial instruments. Prereq., BCOR 2200. Restricted to students with 52 hours completed. Formerly FNCE 3020.
FNCE 4820-3. Topics in Finance. Offered irregularly to provide opportunity for investigation into new frontiers in finance. May be repeated up to 6 total credit hours. Restricted to 52 hours completed.
FNCE 4825-3. Experimental Seminar. Offered irregularly to provide opportunity for investigation of new frontiers in Finance. Restricted to juniors/seniors.
FNCE 4850-3. Business Senior Seminar in Finance. Develops analytical and decision making skills necessary to address real-world business finance situations. Topics include financial analysis and forecasting, capital budgeting, valuation, capital structure policy, international finance, and financial ethics. Uses a combination of lecture and cases; team and individual work. Prereqs., ACCT 3220, FNCE 3010, 4030 and 102 hours completed. Restricted to graduating senior FNCE majors. Formerly BCOR 4002.
FNCE 4900 (1-6). Independent Study. Intended only for exceptionally well qualified business seniors. Prereq., prior consent of dean and instructor under whose direction study is taken, and departmental form.
FNCE 6820 (1-3). Graduate Seminar. Experimental seminar offered irregularly to provide opportunity for investigation of new frontiers in finance.
FNCE 6900 (1-6). Independent Study. Requires consent of instructor under whose direction study is taken. Departmental form required.
FNCE 6950 (1-6). Master’s Thesis.
FNCE 7100-3. Doctoral Seminar: Finance Theory. Develops the foundations for the study of modern financial economics by analyzing individuals’ consumption and portfolio decisions in the context of risk and then traces the implications to market valuation of traded securities. Topics include the meaning and measurement of risk, portfolio theory, the Capital Asset Pricing Model, and arbitrage pricing arguments like those employed in Modigliani and Miller’s capital structure theory and the Black-Scholes option pricing model.
FNCE 7200-3. Doctoral Seminar: Empirical Research Methods in Finance. Develops an understanding of current empirical methods used to examine research issues related to corporate finance and the capital markets.
FNCE 7330-3. Doctoral Seminar: Corporate Finance, Theoretical, and Empirical Issues. Develops and examines theories and issues in corporate finance. Topics may include corporate control, capital structure, financial signaling, and payout policy.
FNCE 7550-3. Doctoral Seminar: Special Topics in Finance. Closely examines areas of specific interest to academic research in finance. Subjects vary and may include game theory, stochastic processes in finance, continuous-time modeling, derivative security pricing, the microstructure of securities markets and financial institutions, innovation, and engineering.
FNCE 7800-3. Doctoral Proseminar: Finance. Provides finance doctoral students with an orientation to the finance field; introduces contemporary research perspectives and priorities. Students discuss papers that illustrate academic researchers’ use of various disciplinary theoretical and empirical tools to address finance problems.
FNCE 7830-1. Doctoral Seminar: Dissertation Research. Assists doctoral students in integrating courses and fields of study in order to apply their knowledge and skills to problems in finance. Gives special attention to development of thesis topics. Continuous enrollment required of all finance doctoral students while doing course work.
FNCE 8820-3. Graduate Seminar. Experimental seminar offered irregularly to provide opportunity for investigation of new frontiers in finance.
FNCE 8900 (1-3). Independent Study. Instructor consent and departmental form required.
FNCE 8990 (1-10). Doctoral Thesis.
