4000

A course emphasizing the commitment of funds to various security forms such as common stocks, bonds, warrants, convertible bonds, liquid assets, and other securities. The course exposes students to the concepts of risk and return, the differences between equity and fixed income investments, the mathematics of investing, the evaluation of investment theories and strategies, and the regulation of the investment industry. The course explores the difference between fundamental and technical analysis, and students will perform basic bond and equity valuations. The course introduces modern portfolio theory (asset allocation, diversification, market timing, and security selection). The course also introduces the capital asset pricing model, arbitrage pricing theory, and the efficient market hypothesis. Students calculate investment fees and expenses, time weighted vs. dollar weighted returns, arithmetic vs. geometric returns, risk adjusted returns, and after-tax returns, students will develop a suitable investment portfolio established to meet a client’s goals and objectives and prepare an appropriate plan of implementation based on this information. Prerequisites: BECO 2311, and BFIN 3311.

Reveals the keys to effective analysis of financial statements and provides the student with the tools needed to make relevant decisions. The student will learn how investors, creditors, consultants, managers, auditors, directors, regulators, etc. use financial statements to make business decisions. Focus of the course is to demonstrate the relevance of such analysis with applications to real world companies. Prerequisite: "C" or better in BACC 3322 or BFIN 3333. (Same as BACC 4341). Finance Majors and Minors Only.

The development and application of modern portfolio theories in the selection of financial assets will be examined.  Topics include setting investment goals, diversification and risk reduction, capital market theory, performance measurement, portfolio management techniques, and portfolio selection models. This course serves as the capstone for the financial planning concentration nor the corporate finance concentration. The purpose of the course is to require the financial planning students to demonstrate the ability to integrate and apply his or her knowledge of financial planning topics. The case-study class structure differs from the traditional lecture class structure in that students must take a more active role in the learning process. Students will complete a number of segmented financial planning cases related to fundamentals, insurance, investing, taxation, retirement planning and employee benefits, and estate planning topics covered in the individual core courses. Students will develop both basic and complex comprehensive financial plans by following the CFP Board’s six-step financial planning process. Students will complete individual and group work and will participate in the presentation of a comprehensive financial plan to the class. Prerequisite: BFIN 4331.

 

An advanced course in finance exploring the international flow of funds, exchange rate determination, the use of currency derivatives to hedge exchange rate risk, international arbitrage and interest rate parity, how to forecast exchange rates, measuring and managing exposure to exchange rates, and international financial institutions. Prerequisite: BFIN 3311.

This course permits students to enhance their knowledge within their major field of specialization through application of concepts, principles, and techniques learned in the classroom. It consists of supervised paid or unpaid activity as a professional-level intern for an employer with an approved internship program. Application must be approved prior to registration. Prerequisite: Senior standing, 3.0 GPA in major and overall, and consent of the Associate Dean.