FI 3300 Corporation Finance
Credit Hours 3.0
Prerequisites ACCT 2101, and ACCT 2102, and ECON 2105, and ECON 2106, and CIS 2010, and BUSA 2106
Corequisites BUSA 3000
Requirements Must meet RCB upper division course requirements and 45 semester hours. B. B. A
Description

students may not register for this course until ECON 2105, and ECON 2106, and ACCCT 2102 are passed with degree credit, CSP 1, 2, 6. This is an introductory course in the financial management of nonfinancial corporations and the role of interest rates and capital markets in the economy. Topics include the structure and analysis of financial statements, time value of money calculations (using financial calculators), stock and bond valuation, financial forecasting, valuation of income-producing physical assets, determination of the cost of capital and the profitability of proposed investments in fixed assets, risk-return tradeoffs that must be considered in using financial leverage, and methods used in obtaining funds from the various capital markets. This course is taught mainly through lectures and class discussions of textual materials and problems.

FI 4000 Fundamentals of Valuation
Credit Hours 6.0
Prerequisites FI 3300, and MATH 1070 and BCOM 3950 and MGS 3100
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

This course develops core competencies that all finance majors should possess. Topics include foreign exchange markets, interest rate risk, term structure theory, introductory option pricing, future markets, valuation, and modern portfolio theory. Quantitative methods examined in conjunction with each topic.

FI 4020 Financial Analysis and Introduction to Loan Structuring
Credit Hours 3.0
Prerequisites FI 3300
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

Students intensively examine financial statements and business characteristics to learn the information content of financial statements. Applications focus on how they can be used to identify the pattern of funds need for a business and the best financing vehicle to meet that need. The primary tools of analysis are financial statement construction, cash flow statements, financial ratios, common-sized statements, cash budgets, proforma statements, sustainable growth rates, and cost-volume-profit analysis. Students evaluate the needs of a variety of companies that differ with respect to type, industry, profitability, growth, seasonality, cyclicality, and degree of distress. The primary teaching method is case analysis, and a significant course objective is development of communication skills.

FI 4040 Foundations in International Finance
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

This course exposes students to foreign exchange risk and develops their understanding of institutional realities encountered by the financial manager in a global economic environment. Activities of currency arbitrage, hedging, and speculation are examined in light of exchange rate regimes, eurocurrency markets, the balance of payments, mechanics of foreign exchange conditions in international finance, and international trade activities. Global Perspectives Course.

FI 4080 Financial Modeling
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 4, 6
Description

This course presents the tools necessary to build advanced Excel spreadsheets for financial decision making. Topics include financial statement modeling, firm valuation, portfolio construction, risk measurement, term structure modeling and option valuation. The spreadsheets created in this course will feature Visual Basic Applications, pivot tables, regression analysis, matrix operations, solver and goal seek.

FI 4200 Introduction to Derivative Markets
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

This course introduces students to derivative instruments, which are contracts whose values derive from prices of underlying assets and goods such as equities, currencies, debt, and commodities. The main focus is on the valuation and application of the principal derivative building blocks including futures and forward contracts, options, and swaps. Coverage is given to the market structure and to how these products are specifically used by corporations and financial institutions for controlling financial market risks. The course keeps abreast of global developments and new product innovations.

FI 4210 Portfolio Management Practicum
Credit Hours 1.0 - 3.0
Prerequisites FI 4000
Requirements CSP 1, 2, 6
Description

Registration is subject to instructor approval. Students meet weekly to manage an all equity security portfolio. Financial decision making is emphasized through use of quantitative and relative valuation models. Topics include sources of investment information, financial statement analysis, determination of cash flows, equity valuation, technical analysis, behavioral finance, investment policy statement, sector allocation, risk, and performance attribution. Effective presentation and persuasion skills emphasized. First semester Bloomberg certification is part of evaluation criteria. Second semester Series 65 and CFA Ethics Self-Test are part of evaluation criteria. Students are expected to repeat this course for a total of 3 hours credit.

FI 4240 Global Portfolio Management
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

Using FI 4000 as a base, this course explores the practical aspects of investment valuation and portfolio management in a global framework. The focus is on market microstructure, framework, bond-equity-portfolio management, and overall asset allocation. Practical aspects of portfolio management are introduced through lectures and class discussions of journal articles and of cases.

FI 4260 Hedge Funds, Mutual Funds, and Trading Strategies
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

This is an advanced undergraduate elective course on investment funds including hedge funds, mutual funds, and exchange-traded funds (ETFs). The course will cover their organizational forms, performance, and risk-return characteristics. The course will consider many of the trading strategies employed by funds such as long-short equity, merger arbitrage, relative value arbitrage, and convertible arbitrage. Students will gain skills in designing and proposing risk-appropriate trading strategies to meet client needs. The course will also reflect ongoing developments and changes in markets, demographics, legal environment, regulations, and technology.

FI 4300 Advanced Corporate Finance
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours
Description

This course develops a framework for analyzing corporate investment and financial decisions facing financial managers and introduces students to the tools to make such decisions. Students are introduced to the central issues in capital structure and dividend policy decisions and the interaction between financing and investment decisions. Techniques are introduced for evaluating strategic investments in technology, mergers and acquisitions, corporate restructurings and research and development. They also form the basis for the valuation of firms in traditional and new-technology industries and security offerings such as initial public offerings. A variety of pedagogical vehicles are used including problem solving, case studies, lectures, and group projects.

FI 4320 Corporate Financial Decision Making
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 4, 6
Description

This course uses a combination of lectures, case analyses, class discussion, and projects to develop the ability and skills necessary to devise and implement strategic financial decisions within the firm. Students will learn how to bridge the conceptual foundations and the practice of finance to create and execute value-enhancing strategies under realistic scenarios. Specific topics may include the estimation of divisional cost of capital, project analysis, and firm valuation. The course will also cover selected topics such as incentive alignment, corporate governance, and financial restructuring based on current relevance and innovation in the field.

FI 4389 Directed Readings in Finance
Credit Hours 1.0 - 3.0
Prerequisites FI 4000 and consent of instructor
Requirements Must meet RCB upper division course requirements and 45 semester hours
Description
FI 4391 Field Studies in Finance
Credit Hours 1.0 - 3.0
Requirements Must meet RCB upper division course requirements and 45 semester hours
Description

Prerequisite; FI 4000 and consent of instructor. The field study is a supervised, business-site learning experience that provides students the opportunity to learn and apply finance skills in a professional setting. Participating students are expected to perform business-related tasks for a designated number of hours each week, to attend educational lectures and seminars, and to submit assignments, projects and term papers. Participating students will be selected through a competitive review. May be taken more than once, but only three credits may be applied toward major requirements. This course may include a Signature Experience component.

FI 4400 Financial Institutions
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

This course examines the major financial management issues confronting depository financial service firms (commercial banks and bank holding companies, savings organizations, credit unions). Specific topics include the economics of intermediation; forces affecting change; legal/regulatory influences; profitability analysis; and management of various risk areas such as interest rate risk, liquidity risk, and capital management. One area not covered is loan analysis since the topic is treated in great depth in FI 4020. Classroom instruction includes lecture, discussion, and cases.

FI 4420 The Financial System
Credit Hours 3.0
Prerequisites FI 4000
Requirements Must meet RCB upper division course requirements and 45 semester hours, CSP 1, 2, 6
Description

This is a macro-finance course, focusing on the broad issue of funds flows through the entire economy. The objective is to provide students with an understanding of the characteristics of the major financial markets and financial instruments, the identity and nature of the major players in those markets, the forces influencing how funds flow through the worldwide system, and the role of interest rates in the process. While the course does address the role of the Federal Reserve in the financial system, monetary theory and policy are not covered.