B.B.A. Requirements

B.B.A. Finanace Concentration

Typical Plan of Study

*Note: Students planning to study abroad in the Spring of the Junior year are encouraged to take FI320 in the Spring of the Sophomore year and take FI380 and FI381 in the Fall of the Junior year.  This allows for the maximum amount of flexibility in the choice of finance electives in the Senior year.  The courses taken abroad should be chosen in consultation with the advisor.

Course Descriptions

FI121 Personal Financial Management    (3.00 cr.)
Designed to allow students to develop a framework for planning and implementing a lifetime finance program.   Investigates alternative personal financial decisions with a view toward optimizing personal wealth and creating more informed consumers.  Students develop a personal financial plan. Topics include personal budgeting and planning, investment decisions with respect to education, automobiles, houses, securities, health and property insurance, retirement needs and estate planning. Open to all majors as a general elective. Does not fulfill course requirements for the finance concentration.

FI320 Financial Management      (3.00 cr.)
Prerequisites: AC201, EC102, EC220; Corequisite: AC202.  Studies the theory and practice of financial analysis and management in the corporate setting and its role in the larger economic environment. Students discuss what specific assets a firm should acquire, what total volume of funds should commit, and how the required funds of the firm should be financed. Topics include time value of money, risk and return relationships, fundamental valuation theories, financial markets, capital investment decisions, cost of capital, capital structure, dividend policy, and international finance.

FI326  Insurance and Risk Management  (3.00 cr.)
Prerequisites: BA320 and a junior standing in a business concentration or written permission of the instructor.  Studies the importance of risk identification, measurement, and management with respect to personal and business affairs.  Provides an in-depth overview of types of insurance coverage, including property/liability, employee benefits, life and health, and social insurance and insurance company operations.  Provides students with a framework for identifying major exposures to risk and evaluating alternative methods of handling those risks.  Emphasizes how to evaluate the various kinds of insurance contracts and how to make pricing, marketing, and investment decisions.  Topics include risk identification, risk measurement, risk management, fields of insurance and their legal principles, contract analysis, and examination criteria for selecting the most appropriate combination of tools.

FI340 Global Financial Management     (3.00 cr.)
Prerequisite:  FI320; Corequisite:  IB282.  This course provides a fundamental understanding of the international dimensions of corporate finance function.  Students apply the concepts, approaches, and technology to support financial management in a multinational business environment.  Topics include a detailed examination of foreign exchange markets, foreign exchange risk and its management, and international financial markets.

FI380 Fixed Income Securities:  Valuation and Markets   (3.00 cr.)
Prerequisite: FI320.   The course provides students with a fundamental understanding of the pricing of bonds and operation of the bond market. Emphasis is placed on the various types of bonds and their and characteristics, and the risks associated with bonds.  The course also explores the mathematics of bond pricing and duration.   The determination of interest rates, the behavior of interest rates, and the risk and term structure of interest rates are integral parts of the course.  Additional topics include: covenants, the effects of monetary policy, bond derivatives, and embedded options such as puts, calls and conversion features.

FI381 Equity Securities:  Valuation and Markets   (3.00 cr.)
Prerequisite:  FI320.  The course provides students with an introduction to the organization and functioning of equity markets, equity risk definition and measurement, financial theory and models of equity valuation.  The course also includes the application of valuation models to market series, industries, and individual firms.

FI426 Special Topics in Finance     (3.00 cr.)
Prerequisites: FI320 or FI380 and FI381 and written permission of the instructor (depending on the topic).
Provides students with specific seminars and/or research projects which address the outstanding topics in a particular field of finance.  Students discuss the particular topics at an in-depth level.  Potential topics encompass investments, real estate finance, international finance, financial management, capital markets, financial institutions, and financial modeling.  Depending on the topic, critical reviews of selected journal articles, guest lectures, empirical research, research projects and papers, as well as student presentations may be an integral part of the course.

FI428 Financial Services Firms and Their Environment   (3.00 cr.)
Prerequisites: FI380 and FI381.  Provides an overview of financial services firms including commercial banks, savings banks, credit unions, insurance companies, mutual funds, securities firms, investment banks, and finance companies.  The course addresses operational issues within the financial services environment.  Develops a framework for analyzing and measuring the risks faced by financial institutions by considering the environment in which these firms operate.  Also, emphasizes strategies and appropriate techniques that financial institutions can use to manage risk.

FI429 Derivative Securities and Markets   (3.00 cr.)
Prerequisites:  FI380 and FI381.  This course is designed for students' understanding of derivative-related financial instruments such as forwards, futures and options and the use of derivatives in investment and corporate financial management.  It covers an introduction to derivative security markets, the valuation of derivatives, derivative trading strategies, and the management of corporate risk with derivatives.

FI433  Portfolio Management  (3.00 cr.)
Prerequisites:  FI380, FI381 and Senior standing.  This course introduces students to portfolio theory and portfolio management in the practical world.  Along with the introduction to portfolio management, the course is designed to integrate students’ knowledge of equity valuation and fixed income valuation.  Topics include portfolio strategies, futures and options, commodities, the Internet, and portfolio management under live market conditions.

FI 440 Financial Analysis and Valuation    (3.00 cr.)
Prerequisites:  FI 380 and FI 381.  This course consists of the assessment of business financial performance and valuation from the point of view of equity and credit analysts. Students learn to analyze a firm’s profitability and risk by applying both financial and strategic analysis, prepare pro forma financial statements, ascertain the intrinsic value of a business, and apply spreadsheet models for financial decision making.
 
FI 441 Advanced Financial Management   (3.00)
Prerequisites:   FI 380, FI 381; Corequisite: FI 440.  This course consists of the implementation of financial decisions and policies by utilizing actual case situations. Students will learn to apply the concepts and decision-making tools employed in effective, financial decision-making and increase their knowledge and understanding of the underlying theories of financial management. Through student-team case analysis and presentation, students will develop analytical, communication, and interpersonal skills including the ability to identify and frame problems, recognize assumptions, identify solution strategies, as well as, the ability to speak effectively and persuasively, the capability to lead and motivate others, and the capacity to work effectively within a team.

FI499 Finance Internship   (3.00 cr.)
Prerequisite: FI380 or FI422, and one 300- or 400-level fin

Facebook | Twitter