SOM Building

Finance and Managerial Economics Courses

Undergraduate Finance Courses

Graduate Courses

3 semester hours unless otherwise noted

FIN 5301

Personal Financial Management
Examination of personal financial management and planning issues, with an emphasis on the integration of personal savings and investment decisions with life insurance programs and estate planning. Topics covered include the role of property, health, life insurance, tax-deferred investment vehicles, as well as fixed income and equity investment alternatives such as mutual funds. (3-0) Y

FIN 6301

Financial Management
Theoretical and procedural considerations in the administration of the finance function in the individual business firm; planning, fundraising, controlling of firm finances; working capital management, capital budgeting and cost of capital. Co-requisites: STAT 5311 or OPRE 6301 and AIM 6201, or consent of instructor. (3-0) S

FIN 6306

Quantitative Methods in Finance
Develops students' abilities to use quantitative methods and software (particularly spreadsheet) in financial decision making. Pre-requisites: FIN 6301. (3-1) S

FIN 6308

Regulation of Business and Financial Markets
Develops an understanding of the laws and regulations which govern businesses and financial markets. In addition, this course considers the ethical issues that financial analysts and financial planners face. Co-requisite: FIN 6301 and MECO 6303 (3-0) Y

FIN 6310

Investment Management
Provides an understanding of the role of modern financial theory in portfolio management and presents a framework for addressing issues in the management of financial assets. Topics to be covered include trading, valuation, active portfolio management, asset allocation, global diversification, performance measurement, financial derivatives, and fixed income securities. Co-requisite: FIN 6306. (3-0) S

FIN 6314

Fixed Income Securities
Examines fixed income securities, their derivatives, and the management of fixed income portfolios. Prerequisite: FIN 6306. (3-0) Y

FIN 6315

Entrepreneurial Finance
Builds skills and knowledge in the financing of entrepreneurial ventures. Entrepreneurial Finance concerns not only the process of financing and investing in start-up companies but also the changes to the initial financing mix that may be required as start-up companies mature. Topics include the markets for venture capital and private equity, the decision to go public or remain private and alternative financing arrangements. This course is equivalent to ENTP 6315 and only one of these may be counted toward a degree. Prerequisite: FIN 6301. (3-0) Y

FIN 6316

Private Equity Finance
Cover the investment of capital in the equity of private companies to fund growth or in public companies to take them private. Includes the study of a broad spectrum of private equity investments, investing in established private firms, buyouts, financial restructuring of distressed firms, private equity financing by public firms. Prerequisite: FIN 6301 (3-0) Y

FIN 6320

Financial Markets and Institutions
Financial behavior in relation to production and consumption decisions. Banking, financial intermediation, flows of funds, regulation and structure of financial markets. Selected topics of current interest. Prerequisites: FIN 6301 and MECO 6303 or equivalents (3-0) Y

FIN 6340

Management of Financial Institutions
Study of the financial management of commercial banks and other financial intermediaries, with special attention to risk management issues. Prerequisites: FIN 6310 or FIN 6320.

FIN 6350

Advanced Financial Management
Advanced analysis of topics in financial management. Capital structure, dividend policy, incentives, and risk management. Prerequisites: FIN 6306 or consent of instructor. (3-0) T

FIN 6355

Corporate Finance and Policy
Cases involving situations encountered by managers that require application of financial management skills. Special emphasis on strategy. Prerequisites: FIN 6350 or consent of instructor. (3-0) Y

FIN 6360

Options and Futures Markets
Examines the valuation of derivative securities such as options and futures contracts, as well as the use of these instruments in managing business and financial risks. Topics include pricing of future contracts, swaps, and options, the use of derivative instruments in hedging, portfolio insurance, exotic options, and the valuation of options on debt instruments. Prerequisites: FIN 6310. (3-0) T

FIN 6364

Advanced Investment Management
Builds on portfolio optimization covered in FIN 6301 and FIN 6310. Emphasizes the application of modern portfolio theory using quantitative methods. Students will be able to analyze market data using investment managements tools to formulate theoretical models and to implement appropriate investment strategies. Prerequisite: FIN 6310. (3-0) T

FIN 6366

International Financial Management
Study of world financial markets and institutions, foreign exchange exposure and management, foreign direct investment, and issues of financial management of multinationals. May not also receive credit for IMS 6220. Prerequisite: FIN 6301. (3-0) T

FIN 6370

Theory of Finance and Its Applications
A survey of financial theories and their application to various financial decisions and issues. Topics include the theory of portfolio choices, asset pricing, derivative pricing, asymmetric information theories, and firm financing issues. Prerequisite: FIN 6310 or FIN6350, or permission of instructor. (3 - 0) T

FIN 6375

Finance Workshop
Forum for faculty and students to present recent developments in the finance literature. Presentation and discussion of published and unpublished papers of researchers. Prerequisite: Consent of instructor. (May be repeated for credit.) (3-0) T

FIN 6380

Practicum in Finance
Requires permission of the area coordinator. For students involved in the practice of investment management for the university. May be repeated for credit (9 hours maximum). (3-0) T

FIN 6382

Numerical Methods in Finance
Study of the numerical methods used in finance. Topics include numerical static and dynamic optimization, numerical solution of partial differential equations, and Monte Carlo methods. Prerequisite: FIN 6312 and FIN 6360. (3-0) Y

FIN 6384

Introductory Mathematical Finance
Introduction to the mathematical methods of continuous time finance (Ito calculus, stochastic dynamic optimization, etc.) Requires permission of the instructor. (3-0) T

FIN 7310

Seminar in Contemporary Finance
Issues in current financial research. Prerequisite: consent of instructor. (May be repeated for credit.) (3-0) T

FIN 7330

Topics in Theoretical Asset Pricing
Advanced studies in the theory of asset pricing. Provides a foundation for advanced research in financial theory and empirical tests of asset pricing models. Topics include utility theory, mean-variance portfolio analysis, state preference models, continuous time portfolio selection, and the term structure of interest rates. Prerequisites: FIN 6364 and MECO 6345 or their equivalents. (May be repeated for credit with the permission of the instructor.) (3-0) T

FIN 7335

Topics in Empirical Asset Pricing
Study of the methods used to empirically test asset pricing theories and/or models.. The prerequisite is FIN 7330. (May be repeated for credit with the permission of the instructor.) (3-0) T

FIN 7340

Topics in Theoretical Corporate Finance
Advanced empirical and theoretical analysis of corporate financial decision making. Topics include the theory of the firm, initial public offerings, ownership and control, managerial incentives, risk management, and financing and investment decisions. Prerequisites: FIN 6380 and MECO 6345 or their equivalents. (May be repeated for credit with the permission of the instructor.) (3-0) T

FIN 7345

Topics in Empirical Corporate Finance
Study of the methods used to empirically test corporate finance theories and/or models. Prerequisite: FIN 7340. (May be repeated for credit with the permission of the instructor.) (3-0) T

MECO 6303

Business Economics
Foundations of the economic analysis of business problems, with special emphasis on the function and determination of market prices in production and consumption. Supply and demand, price theory, production theory, trade theory with reference to the global economy, the effects of tax and other policies in the economy, and essential elements of the banking system and monetary policy are addressed. Prerequisite: MATH 5304 or equivalent. (3-0) S

MECO 6311

Economics of Information Goods
Analysis of the creation, production, pricing and distribution of products that are mainly informational in nature such as software, television, and web pages. Network effects, path dependence, the choice of standards, and the problems of public goods will be analyzed. Includes examination of the roles of patent and copyright laws in the creation of these goods and the impacts of unauthorized copying. Several case studies will be examined in detail. Prerequisite: MECO 6201 or MECO 6303 or consent of the instructor. (3-0) T

MECO 6312

Applied Econometrics and Time Series Analysis
Survey of econometric methods used to examine cross-sectional and times series data with emphasis on their applications. Prerequisites: MECO 6201 or MECO 6303 and STAT 5311, or consent of the instructor. (3-0) T

MECO 6313

The Business of Entertainment
The economic factors at work in the entertainment industry including revenue generation models used by producers of motion pictures, programming for television, radio, and cable TV, as well as videogames and book publishing. The impact of digitization on costs, the role of copying and copyright, network effects, peer-to-peer file sharing, property rights, and digital rights management will be examined through the lens of economics. (3-0) T

MECO 6315

Approaches to Statistical Inference
Theory and methods of statistical inference. Classical estimation theory, classical hypothesis testing, Bayesian and alternative approaches to statistical inference, general linear model with applications, and computational methods. Prerequisite: OPRE 6330. (3 - 0) Y

MECO 6320

Econometrics
Estimation and testing of multivariate econometric models; sets of regression relationships; simultaneous equation systems; applications of methods and models in the analysis of business and economic data. (3-0) Y

MECO 6345

Advanced Managerial Economics
Advanced economic analysis of consumer theory, production theory, exchange, and market interactions. Managerial topics such as comparable worth, product standardization, environmental spillover effects, and imperfect competition. Prerequisite: MECO 6201 or MECO 6303 and consent of instructor. (3-0) Y

MECO 6360

Topics in Industrial Organization
Issues in current research on the operation of firms and markets. Topics to include theory of industrial organization, empirical industrial organization, and special topics in current research on industrial organization. Prerequisite: consent of instructor. (May be repeated for credit.) (3-0) T

MECO 7320

Advanced Econometrics
Rigorous treatment of traditional econometrics methods, and introduction to both modern time-series econometrics and advanced non-linear models. Prerequisite: MECO 6320. (3-0) Y

MECO 7360

Topics in Econometrics
Issues in econometric research and practice including microeconometrics, Bayesian econometrics, numerical methods in finance and econometrics, and time series econometrics. Prerequisite: consent of instructor. (May be repeated for credit.) (3-0) T

 

Undergraduate Courses

3 semester hours unless otherwise noted

BA 3341

Business Finance
An Introduction to financial decision making and the valuation of business enterprises. Focuses on use of discounted cash flow techniques in the selection of capital investment projects. Additional topics include financial planning, exchange rates, risk and return trade-offs in financial markets, financing decisions and dividend policy. Pre/Corequisite: STAT 3360. Prerequisites: AIM 2301, AIM 2302, MATH 1326, and MATH 2333. (3-0) S

BA 3390

Quantitative Methods in Finance
Developes ability to use quantitative methods and software (particularly spreadsheet) in financial decision making. Prerequisites: BA 3341 and STAT 3360. (3-1) S

BA 4309

Regulation of Business and Financial Markets
Examines the legal and regulatory environment of business and financial markets. Comparisons between the impact of laws and their original intent are considered, as well as their ethical dimensions. Prerequisites: ECO 2302 and MATH 1325. (3-0) Y

BA 4310

Entrepreneurial Finance
Explores the process of raising and managing capital in entrepreneurial ventures. Focus on forecasting cash flows, cash flow management, capital budgeting, valuation, capital structure and the various financing methods and mechanisms available to entrepreneurs (bootstrapping, angel investors, venture capitalists, IPOs seeking to raise capital for a new venture). Prerequisite: AIM 2301 and BA 3341. (3-0) Y

BA 4345

Financial Markets and Institutions
Examines the operation of financial markets and financial intermediaries, along with their role in providing financing to corporate and public sectors. Provides detailed knowledge of a variety of financial instruments and their markets. Topics covered include the banking system, markets for short-term securities, financial derivatives, and market for foreign exchange. Prerequisites: BA 3341. (3-0) Y

BA 4346

Investment Management
Examines a wide range of issues concerning management risk and measurement of investment performance. Provides an understanding of the role of modern financial theory in portfolio management. Topics covered include valuation, the measurement of risk and portfolio performance, the management of portfolios of fixed income securities, and derivative securities. Prerequisites: BA 3390. (3 0) S

BA 4347

Applied Corporate Finance
Integrates a variety of advanced topics in corporate financial decision making in examining the development of the financial strategy of the firm. Emphasis will be placed on the valuation of the firm and the impact of financial markets on corporate investment and financing decisions. Prerequisites: BA 3390. (3 0) Y

BA 4348

Options and Futures Markets
Examines valuation of derivative securities such as options and futures contracts, and the use of these instruments in managing business and financial risks. Topics include pricing of futures contracts, swaps, and options, and use of derivative instruments in hedging, portfolio insurance, and exotic options. Prerequisite: BA 4346. (3-0) Y

BA 4349

Management of Financial Institutions
Study of the financial management of commercial banks and other financial intermediaries. Emphasis on the analysis of financial performance, lending decisions, asset-liability management, and the management of institutional capital requirements. Strategic considerations such as evolving information technology, the changing regulatory environment and the impact of global competition in financial services will be examined. Prerequisite: BA 3390. (3-0) Y

BA 4350

Personal Financial Planning
Application of principles of financial management to lifetime consumption and retirement planning. Emphasizes the integration of savings and investment decisions with life insurance programs and estate planning. Topics include the role of property, health, life insurance; tax-deferred investment vehicles, as well as fixed income and equity investment alternatives such as mutual funds. Prerequisite: BA 4346. (3-0) Y

BA 4352

Insurance and Risk Management
Study of insurance products and associated risk management issues. Prerequisite: BA 3390. (3-0) Y

BA 4354

Cases in Personal Financial Planning
Case studies involving different personal financial planning issues. Prerequisite: BA 4350 and AIM 3351 or permission of the instructor. (3-0) T

BA 4361

International Financial Management
Study of world financial markets and institutions, foreign exchange exposure and management, foreign direct investment, and issues of financial management of multinational firms. Prerequisite: BA 3341. (3-0) Y

BA 4398

Practicum in Finance
Requires permission of the area coordinator. For students involved in the practice of investment management for the university. May be repeated for credit (9 hours maximum). (3-3) T

BA 4399

Senior Honors in Business Administration
For students conducting independent research for honors theses or projects. (3 0) S

BA 4V92

Seminar Series in Finance
(1-3 semester hours) Discussion of selected topics and theories in finance. May be repeated for credit (9 hours maximum). ([1-3])-0) S

For more details, please visit Student Course Catalogs.