Course Listing For FINA

FINA 3000. Financial Management. 3 hours.
Oasis title: FINANCIAL MGMT.
Not open to students with credit in FINA 3000H.
Prerequisite: ACCT 2101 and MGMT 2090 or CSCI 1100-1100L.
The basic concepts and analytical tools of finance in both corporate finance and investments. Topics include risk and return, financial institutions, efficient markets, valuation theory, capital budgeting, portfolio theory, cost of capital, and international finance.
Offered fall, spring, and summer semesters.
Quarter equivalent: FIN 330

FINA 3000H. Financial Management (Honors). 3 hours.
Oasis title: FINANCIAL MGMT H.
Not open to students with credit in FINA 3000.
Prerequisite: ACCT 2101 and MGMT 2090 or CSCI 1100-1100L and permission of Honors.
The basic concepts and analytical tools of finance in both corporate finance and investments. Topics include risk and return, financial institutions, efficient markets, valuation theory, capital budgeting, portfolio theory, cost of capital, and international finance. Discussion and analysis of specific applications of these topics.
Offered on a regular basis.
Quarter equivalent: FIN 337H

FINA 4000. Money and Capital Markets. 3 hours.
Oasis title: MONEY & CAP MKTS.
Prerequisite: FINA 3000.
The operations and functions of domestic and international finance markets and institutions. The determinants of bond prices and the level and structure of interest rates. Techniques for measuring and managing risk in financial markets.
Offered on a regular basis.
Quarter equivalent: FIN 452

FINA 4150. Investment and Portfolio Management. 3 hours.
Oasis title: INVEST/PORT MGMT.
The fundamental principles of finance as applied to investment, portfolio management, and firms. Emphasis on risk, return, and valuation of securities, other investments, and general cash flows. This is a business elective for business majors (not open to finance majors) and is available for non-business majors.
Offered every year on a regular basis.

FINA 4200. Corporate Finance Theory. 3 hours.
Oasis title: CORP FIN THEORY.
Prerequisite: FINA 3000.
Development of a framework that is useful for understanding a broad range of important corporate financial decisions. Substantial emphasis will be placed on discussion of the determinants of corporate financing and payout policies, alternative methods of security issuance, and mergers and acquisitions.
Offered on a regular basis.
Quarter equivalent: FIN 430

FINA 4210. Applied Corporate Finance. 3 hours.
Oasis title: APPLIED CORP FIIN.
Prerequisite: FINA 3000.
Corporate financial decision making by applying the tools, techniques, and theories of finance to actual business decisions.
Offered on a regular basis.
Quarter equivalent: FIN 436

FINA 4280/6280. Small Business Finance. 3 hours.
Oasis title: SMALL BUS FINANCE.
Prerequisite: FINA 3000.
Principles of small business finance and the raising and management of venture capital, financial planning, forecasting, capital budgeting, working capital management, and sources of capital. This course is aimed at students planning careers in either small business management or in small business consulting.
Offered on a regular basis.
Quarter equivalent: FIN 454/654

FINA 4310. Survey of Investments. 3 hours.
Oasis title: SURVEY OF INVESTMT.
Prerequisite: FINA 3000.
The securities markets, investor objectives, introduction to portfolio theory and the analytical tools of portfolio management, and an examination of investment alternatives.
Offered on a regular basis.
Quarter equivalent: FIN 431

FINA 4320. Derivative Security Markets. 3 hours.
Oasis title: DERV SECURITY MKTS.
Prerequisite: FINA 4310 and MATH 2200 and MATH 2200L.
The markets for futures, options, and other derivative securities. The mechanics of trading, regulation, pricing, hedging, and risk management using derivatives.
Offered on a regular basis.
Quarter equivalent: FIN 433

FINA 4380. Security Analysis. 3 hours.
Oasis title: SECURITY ANALYSIS.
Prerequisite: FINA 4310.
The determinants of values for individual securities with the emphasis on common stocks. Financial statement analysis, forecasting techniques, and financial modeling.
Offered on a regular basis.
Quarter equivalent: FIN 488

FINA 4420. Management of Financial Institutions. 3 hours.
Oasis title: MGMT OF FIN INSTITU.
Prerequisite: FINA 3000.
Asset, liability, and capital management for firms operating in the dynamic environment of the financial-services industry. The acceptance, measurement, and management of risk, both on and off the firm's balance sheet, arising from unexpected changes in interest rates, exchange rates, and commodity prices. Financial-firm simulation game.
Offered on a regular basis.
Quarter equivalent: FIN 451

FINA 4600. Public Finance. 3 hours.
Oasis title: PUBLIC FINANCE.
Prerequisite: FINA 3000.
Public finance at the federal, state, and local levels. Governmental revenues and expenditures, inter-governmental fiscal relations, public debt, and fiscal policy.
Offered on a regular basis.
Quarter equivalent: FIN(ECN) 434

FINA 4800. Internship and/or Cooperative Education. 3 hours.
Oasis title: INTERN/COOP ED.
Prerequisite: FINA 3000.
Students are permitted to enter business establishments or governmental agencies for the purpose of obtaining practical and applied business experience. An in-depth paper based on an approved banking or finance topic is required.
Non-Traditional Format: Internship not involving formal lecture or laboratory.
Offered fall, spring, and summer semesters.
Quarter equivalent: FIN 340

FINA 4810/6810. International Finance. 3 hours.
Oasis title: INTL FINANCE.
Prerequisite: FINA 3000.
International business decision making emphasizing the effects of internationalized financial and non-financial markets. Exchange rate analysis, hedged costs of funds, economic exposure and management, capital budgeting, financial and corporate strategy, and the evaluation of international risks and returns.
Offered on a regular basis.
Quarter equivalent: FIN 481/681

(FINA)AAEC 4870/6870. Futures and Option Markets. 3 hours.
Oasis title: FUTURES & OPT MKTS.
Prerequisite: Undergraduate level only: AAEC 2580 or ECON 2106.
Development, functions, and importance of futures and option markets. Futures and option contracts; issues such as speculation, the roles of commission houses, commodity exchanges, and clearinghouses; and the use of future contracts as instruments for financing business activities. Technical and fundamental trading theories.
Offered fall and spring semesters.
Quarter equivalent: AAE(FIN) 487/687

FINA 4920. Special Topics in Finance. 3-9 hours. Repeatable for maximum 9 hours credit.
Oasis title: SPECIAL TOPICS.
Prerequisite: FINA 3000.
Individual, advance study, reading, or projects under the direction of a project director.
Non-Traditional Format: Directed study not involving lecture or laboratory.
Offered on a regular basis.
Quarter equivalent: FIN 492

(FINA)REAL 5100. Real Estate Finance. 3 hours.
Oasis title: REAL ESTATE FINANCE.
Prerequisite: REAL 4000.
The instruments, techniques, and institutions of real estate finance; sources of funds; mortgage risk analysis: emphasis on typical policies and procedures used in financing of residential, industrial, and commercial properties.
Offered on a regular basis.
Quarter equivalent: RE(FIN) 510

FINA 7300. Master's Thesis. 1-9 hours. Repeatable for maximum 9 hours credit.
Oasis title: MASTER'S THESIS.
Prerequisite: Permission of department.
Thesis writing under the direction of the major professor.
Non-Traditional Format: Independent research and thesis preparation.
Offered fall, spring, and summer semesters.
Quarter equivalent: FIN 730M

FINA 8000. Financial Management. 3 hours.
Oasis title: FINANCIAL MGMT.
Not open to students with credit in FINA 8010.
Intensive analysis of financial decision-making in the firm, emphasizing both investment and financing decisions. Analytical tools of finance are introduced. Valuation concepts, risk-return analysis, project valuation, capital structure, and corporate financing.
Offered on a regular basis.
Quarter equivalent: FIN 800

FINA 8010. Financial Management. 1.5 hours.
Oasis title: FINANCIAL MGMT.
Not open to students with credit in FINA 8000.
Financial decision-making in the firm, emphasizing both investment and financing decisions. Analytical tools of finance are introduced. Valuation concepts, risk-return analysis, project valuation, capital structure, and corporate financing.
Offered on a regular basis.
Quarter equivalent: FIN 800

FINA 8100. Corporate Financial Management. 3 hours.
Oasis title: CORPORATE FIN MGMT.
Tools and concepts in corporate finance. Students are required to analyze situations, make value maximizing decisions, and communicate the basis of those decisions. Financial analysis and planning, capital budgeting, evaluation of financing alternatives, company valuation, dividend policy, mergers, and capital structure decisions.
Offered on a regular basis.
Quarter equivalent: FIN 806

FINA 8110. Theory of Corporate Finance. 1.5 hours.
Oasis title: THEORY OF CORP FIN.
Important theoretical contributions in corporate finance and the empirical tests of those theories. A framework is developed for understanding a broad range of important corporate financial decisions. Substantial emphasis is placed on the determinants of corporate financing and payout policies.
Offered on a regular basis.
Quarter equivalent: FIN 830

FINA 8140. Mergers, Restructuring, and Corporate Control. 1.5 hours.
Oasis title: CORPORATE CONTROL.
The dynamics of control within corporations and the role of the market for corporate control in leading to economic restructuring and shifts in resource allocation by corporations. Mergers and acquisitions, asset sales, restructuring, leverage buyouts, and bankruptcy.
Offered on a regular basis.

FINA 8160. Venture Capital Financing. 1.5 hours.
Oasis title: VENTURE CAPITAL.
Venture capital in financing entrepreneurial growth companies. How venture capital is raised, invested, and then harvested for reinvestment. How professional venture capitalists analyze and structure potential investments. How and when portfolio companies should execute initial public offerings.
Offered on a regular basis.

FINA 8300. Investments. 3 hours.
Oasis title: INVESTMENTS.
Financial assets and markets including the efficient markets hypothesis. The role of risk in asset pricing, the implications of asset pricing models, the capital asset pricing model, the arbitrage pricing model, and theories of valuation for both stocks and fixed income securities.
Offered on a regular basis.
Quarter equivalent: FIN 801

FINA 8310. Advanced Speculative Markets. 1.5 hours.
Oasis title: ADV SPECULATIVE MKT.
The economics of financial futures and options markets. Advanced theory of hedging with speculative financial instruments.
Offered on a regular basis.
Quarter equivalent: FIN 833

FINA 8340. Portfolio Management. 1.5 hours.
Oasis title: PORTFOLIO MGMT.
Prerequisite: FINA 8300.
The active management of portfolios consisting of domestic and international securities. The estimation of portfolio inputs, the construction of desirable portfolios, and the evaluation of portfolio performance. Selected cases are analyzed by the students.
Offered on a regular basis.
Quarter equivalent: FIN 802

FINA 8360. Financial Engineering. 1.5 hours.
Oasis title: FIN ENGINEERING.
Prerequisite: FINA 8300 and FINA 8310.
The use of derivative securities to achieve financial goals. Specific cases involve the use of derivatives and other financial innovations to reduce risk, lower the cost of financing, improve portfolio yields, or help the corporate firm achieve strategic goals. Students analyze, present, and critique cases.
Offered on a regular basis.

FINA 8430. Financial Markets. 1.5 hours.
Oasis title: FINANCIAL MARKETS.
The evolving roles of financial intermediaries, regulation, and capital markets in the financing of American businesses and the provision of savings and payments mechanisms for individuals. The securitization of traditional loan products and the determinants of the term structure of interest rates.
Offered on a regular basis.
Quarter equivalent: FIN 805

FINA 8450. Management of Financial Institutions. 1.5 hours.
Oasis title: MGMT OF INSTITUTION.
Measurement and management of risk in financial services firms. Management of risks associated with interest rates, credit, liquidity, and exchange rates. Attention is devoted to commercial banks, pension funds, investment banks, and other firms. A financial institution decision game is typically included in the course.
Offered on a regular basis.
Quarter equivalent: FIN 808

FINA 8810. International Financial Management. 3 hours.
Oasis title: INTERNATL FIN MGMT.
International business decision making with an emphasis on the relationship between decisions and markets. The determinants of exchange rates, hedged costs of funds, transaction and economic exposure management, capital budgeting, corporate strategy, and swaps. The course makes extensive use of cases.
Offered on a regular basis.
Quarter equivalent: FIN 881

FINA 8990. Directed Study in Finance. 1-9 hours. Repeatable for maximum 9 hours credit.
Oasis title: DIR STUDY IN FIN.
Prerequisite: Permission of department.
The most recent professional contributions in the various special fields of finance. Student and instructor interests determine which particular field is brought under scrutiny.
Non-Traditional Format: Directed study not involving formal lecture or lab.
Offered on a regular basis.
Quarter equivalent: FIN 899

FINA 9000. Doctoral Research. 1-9 hours. Repeatable for maximum 9 hours credit.
Oasis title: DOCTORAL RESEARCH.
Prerequisite: Permission of department.
Research while enrolled for a doctoral degree under the direction of faculty members.
Non-Traditional Format: Independent research under the direction of a faculty member.
Offered on a regular basis.
Quarter equivalent: FIN 900D

FINA 9100. Mathematical Finance. 3 hours.
Oasis title: MATHEMATICAL FIN.
Prerequisite or corequisite: ECON 8910 or permission of department.
Selected tools from continuous time finance and fundamental concepts in the analysis of stochastic processes. These tools are applied to the pricing of derivative securities--especially forward, futures, and option contracts. Binomial and finite difference approximations to continuous time processes are also used to price derivatives.
Offered on a regular basis.

FINA 9110. Valuation and Capital Market Theory. 3 hours.
Oasis title: VAL & CAP MKT THRY.
Prerequisite: FINA 9100 and ECON 8010 and ECON 8070.
Prerequisite or corequisite: ECON 8080.
Theory emphasizing valuation and capital markets. A mathematical development of the major asset pricing theories: the capital asset pricing model (CAPM), arbitrage pricing theory, the pricing of contingent claims, and the intertemporal CAPM. Related topics include expected utility maximization, mean-variance analysis, and efficient markets.
Offered on a regular basis.

FINA 9120. Empirical Research in Corporate Finance. 3 hours.
Oasis title: EMP RES IN CORP FIN.
Prerequisite: FINA 9100 and ECON 8000 and ECON 8010 and ECON 8070.
Prerequisite or corequisite: FINA 9110.
Empirical research in corporate finance. The modern theories of capital structure, dividend policy, corporate control, investment banking, and capital budgeting, emerging areas of research such as market microstructure, venture capital financing, and comparative international corporate finance.
Offered on a regular basis.

FINA 9130. Financial Research Methodology. 3 hours.
Oasis title: FIN RES METHODOLOGY.
Prerequisite: FINA 9120 and ECON 8080.
The data bases and empirical methodologies used in performing financial research. Event study and regression methodologies in corporate finance research and investment-oriented methodologies such as factor and principal components analyses. Students gain experience in presentation of research and in refereeing papers.
Offered on a regular basis.

FINA 9200. Corporate Finance Theory. 3 hours.
Oasis title: CORP FINANCE THEORY.
Prerequisite: Permission of department.
Theoretical constructs underlying corporate finance, illustrated with both theoretical seminal and current research. Theoretical topics will include optimization, non-cooperative game theory, information economics, and agency theory. Signaling, screening, incentive design, product market structure, research and development, security issuance, bankruptcy, and market microstructure.
Offered on a regular basis.

FINA 9210. Empirical Research in Investments. 3 hours.
Oasis title: EMP RESCH IN INVEST.
Prerequisite: Permission of department.
The markets, trading systems, and properties of financial securities. Includes an investigation of market efficiency and the time series properties of securities. Empirical studies of asset pricing models, portfolio performance, term structure models, and capital market integration.
Offered on a regular basis.

FINA 9230. Research Topics in Finance. 3 hours.
Oasis title: RES TOPICS IN FIN.
Prerequisite: Permission of department.
Advanced topics in finance. The content is flexible with the material based on recent advances in finance. Possible course topics include "Financial Markets and Institutions" and "Game Theory with Applications to Finance and Economics."
Offered on a regular basis.

FINA 9300. Doctoral Dissertation. 1-9 hours. Repeatable for maximum 18 hours credit.
Oasis title: DOCT DISSERTATION.
Prerequisite: Permission of department.
Dissertation writing under the direction of the major professor.
Non-Traditional Format: Independent research and preparation of the doctoral dissertation.
Offered on a regular basis.
Quarter equivalent: FIN 930D