Finance Curriculum:
| 1. ENG 101, ENG 102, PHI 101, RST 1011 (4 courses) | (12 credits) | |
| 2. Area Studies: Two courses from each of these areas: I, III, IV, V, VI, VIII4 (12 courses) |
(36 credits) | |
| 3. Major course requirements: (22 or 21 courses) | ||
| a. Common body of business knowledge: | ||
| QNT 101 Quantitative Methods for Business | (3 credits) | |
| AND | ||
| MAT 106 Calculus for the Non-Sciences | (6 or 4 credits) | |
| OR | ||
| MAT 115 Calculus for Business I | (4 credits) | |
| ACC 201 Financial Accounting | (3 credits) | |
| ACC 202 Managerial Accounting | (3 credits) | |
| ECO 101 Principles of Macroeconomics | (3 credits) | |
| ECO 102 Principles of Microeconomics | (3 credits) | |
| ECO 255 Business Statistics I | (3 credits) | |
| ECO 256 Business Statistics II | (3 credits) | |
| ISB 101 Management Technology | (3 credits) | |
| FIN 201 Introduction to Finance | (3 credits) | |
| ISB 101 Management Technology | (3 credits) | |
| MGT 101 Introduction to Management | (3 credits) | |
| MGT 325 Operations Analysis for Business | (3 credits) | |
| MGT 370 Introduction to Management | (3 credits) | |
| MGT 446 Managerial Policy Strategy | (3 credits) | |
| MKT 201 Principles of Marketing | (3 credits) | |
| b. Finance major: | ||
| FIN 311 Corporate Finance | (3 credits) | |
| FIN 312 Investments | (3 credits) | |
| FIN 314 Portfolio Management | (3 credits) | |
| c. Finance electives: four courses to be selected from 300 or 400-level finance courses. FIN 455 is strongly recommended. A maximum of two of the following four accounting courses (with a minimum grade of C or better in each) may be substituted for finance electives: ACC 301, 302, 303, 4155 |
(12 credits) | |
| 4. Electives (2 or 3 courses) | (6 or 9 credits) | |
| TOTAL (40 courses) | (120-121 credits) |
Recommended Schedule:
| Fall | Spring | |||
| Freshman Year | ||||
| ENG 101 | 3 credits | ENG 102 | 3 credits | |
| QNT 101 or MAT 111 or MAT 115 |
3 or 4 credits | MAT 106 or Elective | 3 credits | |
| ECO 101 | 3 credits | ECO 102 | 3 credits | |
| AS VIII | 3 credits | AS VIII | 3 credits | |
| ISB 101 | 3 credits | MGT 101 | 3 credits | |
| Total | 15 or 16 credits | Total | 15 credits | |
| Sophomore Year | ||||
| RST 101 | 3 credits | PHI 101 | 3 credits | |
| MKT 201 | 3 credits | FIN 101 | 3 credits | |
| ACC 201 | 3 credits | ACC 202 | 3 credits | |
| AS IV | 3 credits | ECO 255 | 3 credits | |
| ECO 255 | 3 credits | AS IV | 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Junior Year | ||||
| FIN 311 | 3 credits | FIN 314 | 3 credits | |
| FIN 312 | 3 credits | FIN Elective | 3 credits | |
| MGT 325 | 3 credits | MGT 370 | 3 credits | |
| AS III | 3 credits | AS I | 3 credits | |
| AS V | 3 credits | AS VI | 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Senior Year | ||||
| FIN elective | 3 credits | FIN elective | 3 credits | |
| FIN elective | 3 credits | FIN elective | 3 credits | |
| AS V | 3 credits | Elective | 3 credits | |
| AS I | 3 credits | AS VI | 3 credits | |
| Elective | 3 credits | AS III | 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Total | 120-121 credits |
COURSES: 2007 – 2009
FIN 201 Introduction to Finance 3 credits
An introduction to financial analysis, markets, institutions and instruments. Topics covered include financial inter-mediation, interest rate determination, valuation, diversification and financial management and agency issues. Prerequisites: ECO 101-102, ECO 255 (or concurrent registration).
FIN 311 Corporate Finance 3 credits
The examination of the procedures and objectives of capital budgeting, the financing of the firm by means of debt and equity and short-term and long-term financial management. Prerequisite: FIN 201.
FIN 312 Investments 3 credits
This course introduces the student to the construction, management, and performance evaluation of investment portfolios. Primary topics include portfolio models, equilibrium in financial markets, market efficiency and the application of these concepts to the investment industry. Prerequisite: FIN 201.
FIN 314 Portfolio Management 3 credits
An introduction to modern portfolio theory and management. The strategies underlying portfolio construction and evaluation will be examined. The implications of market efficiency on portfolio management will also be considered. Prerequisites: FIN 201, ECO 256.
FIN 321 Risk Management & Insurance 3 credits
Methods of managing pure risks to limit losses. Theory of risk management. Practical framework for decision-making under uncertainty. Public policy and social insurance. Prerequisites: ECO 102 and ECO 255.
FIN 401 Public Finance 3 credits
See ECO 401 for course description.
FIN 411 State and Local Finance 3 credits
See ECO 411 for course description.
Fin 412 Equity Analysis 3 credits
The analysis and interpretation of financial information and accounting statements in order to assess security risk and return, credit worthiness, financing needs and the valuation of the firm. Prerequisites: Fin 201, Fin 312.
FIN 420 Financial Institutions and Markets 3 credits
Examines the changing world of financial services and the role that financial intermediaries and financial markets are playing in a rapidly consolidating industry with new benchmarks and success factors. Universal banking as the new model will be analyzed. Finally, the changing nature of careers in the “New Industry” will be discussed from both positive and negative points of view. Prerequisite: FIN 201.
FIN 423 Fixed Income Securities 3 credits
This course discusses the various types of fixed income securities and the markets in which they are traded. Emphasis is placed on contact evaluation, extracting term/risk structure information from pricing, evaluating, investment opportunities and (interest rate) risk management. Prerequisite: FIN 201
FIN 425 Advanced Corporate Finance 3 credits
This course provides a more in-depth treatment of corporate financial management. Topics from the introductory course (FIN 311) are developed in greater detail with emphasis on the underlying theories and more extensive applications to financial decision making. Additional topics beyond the introductory level are presented and discussed. The class relies primarily on lectures, problems and case discussions. Prerequisite: FIN 311.
FIN 455 Computers and Financial Planning 3 credits
Computer-based financial modeling for the financial decision maker. Application of financial spreadsheets. Prerequisite: FIN 201.
FIN 460 International Finance 3 credits
Basic understanding, with illustrations, of how to apply elements of international finance to managerial policies and decision-making. Exchange rates and exchange risk. Prerequisites : ECO 101, 102, FIN 201.
FIN 480 Options 3 credits
Introduction to options and other derivative securities such as warrants and convertibles. Emphasis on their valuation and use in hedging. Prerequisites: FIN 311, FIN 312.
FIN 485 - FIN 486 Golden Griffin Fund 6 credits
Students will manage this fund, which is a small cap regional growth and value equity fund that manages against the Russell 2000 as a benchmark. The fund will raise real dollars and is expected to provide real returns to its investors. Students will have professional mentors and report to a professional investment committee. Student fund managers will receive hands-on experience in all aspects of fund management. Prerequisites and concurrent courses: The GGF is part of a 24-credit program: 6 for running the Fund and taking a current issues class that involves a 12-month time commitment: and 18 for tool/core classes in corporate financial reporting; Prerequisites: FIN 311, FIN 312.
FIN 497 Internship 3 credits
FIN 499 Independent Research 3 credits
Prerequisite: Consent of department chair.
1 Area II is automatically fulfilled because this program is in the social sciences. Area VII is fulfilled by the mathematics courses required in this program.
2 MAT 115 is recommended. Additional mathematics is recommended if the student is preparing for a graduate program in economics. The student should consult a departmental advisor.
3 Honors section recommended.
4 Area II is automatically fulfilled because this program is in the social sciences. Area VII is fulfilled by the mathematics courses required in this program.
5 A strong accounting background is desired by many corporations seeking job candidates with degrees in finance. For those who desire a degree in corporate financial planning, ACC 303 is strongly recommended. ACC 415 is recommended. FIN 455 is strongly recommended because many entry-level positions in finance require experience with financial modeling using personal computers.