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Finance Courses

2014-15 Undergraduate Academic Catalog

FIN 303 Introduction to Finance (4 sh)
For non-majors and business administration minors, this introductory course offers a balanced, survey approach to the three major areas of finance – investments, financial markets and corporate or business finance. It is designed to provide students a foundation with regard to the key concepts from each of these areas so that they will better understand the functions of the financial system and the role it has in their lives. Sophomore standing required. No credit for both FIN 343 and FIN 303. Offered fall and spring.
 
FIN 343 Principles of Finance (4 sh)
This course provides an introduction to the fundamental concepts and techniques of finance and might be subtitled “what every business major needs to know about finance.” It is designed to provide students a foundation with regard to the key concepts from each of three major areas of finance – investments, financial markets and corporate or managerial finance. In this class, we will discuss issues relating to the financial markets, the time value of money, financing, valuation, investments and other topics. Prerequisites: CIS 211 and ACC 201. Pre- or Co-requisites: ACC 212 and ECO 203, or MTH/STS 212 (for statistics majors only). Offered fall and spring.
 
FIN 413 Advanced Managerial Finance (4 sh)
The in-depth study of financial management from the perspective of valuative theory involves discussions of topics such as security evaluation and capital budgeting within the framework of the Capital Asset Pricing Model. Study relates cost of capital, capital structure and leverage to valuation concepts. Examination of long-term financing includes studies of leasing as well as warrants, convertibles and options. Valuation impacts of mergers and reorganizations are also covered. Prerequisite: FIN 343. Offered fall and spring.
 
FIN 416 Fundamentals of Insurance (4 sh)
This course provides a study of the basic principles of insurance contracts and the scope of coverage under the several divisions of insurance, including life, fire, casualty, marine, bond and automobile insurance. Prerequisite: FIN 343.
 
FIN 418 Financial Markets and Institutions (4 sh)
The purpose of this course is to provide an understanding of the role that financial institutions and markets play in our modern national and global economies. The course will examine interest rates, monetary policy, securities and their markets, the Federal Reserve, business cycles and how financial institutions manage risk. In addition, the recent economic upheaval and the instability on Wall Street will be discussed. Prerequisite: FIN 343.
 
FIN 419 Financial Planning (4 sh)
This course is designed to introduce students to the U.S. financial services sector and to show how the industries within the sector relate to the financial planning process. Broad topics include retirement and estate planning and the functions of banking, insurance and mutual fund industries. Under each of the broader topics, many of the products and services offered by the industries will be discussed and linked to the financial planning process. Prerequisite: FIN 343.
 
FIN 421 Investment Principles (4 sh)
This course provides an introduction to the basic concepts of investments and investment management. It is designed to develop a framework within which to view the investment process and an understanding of the institutional setting in which investment decisions are made. Topics covered include financial markets, risk and return analysis, fundamental and technical analysis, derivatives and asset allocation. Finally, global, ethical, legal, regulatory and financial planning issues will be discussed throughout the course. Prerequisites: FIN 343. Offered fall and spring.
 
FIN 433 Derivatives (4 sh)
This course introduces financial derivatives theories, strategies and valuation methodologies. Additional topics include uses of sensitivity analysis and of derivatives in risk management. The primary emphasis of this course will be options, although it also will provide a foundation in futures markets and contracts. Prerequisite: FIN 343. 
 
FIN 445 Portfolio Management (4 sh)
This course teaches the application of tools and techniques for appraising the economy, specific industries and companies, emphasizing securities markets from the perspectives of institutional portfolio managers or personal investors. Prerequisite: FIN 343.
 
FIN 465-469 Seminar: Special Topics (1-4 sh)
This upper-level seminar, an advanced study requiring active participation by students, consists of readings, problems, reports, discussions of current topics or preparation for professional examinations. May be conducted by departmental faculty or other resource persons. Prerequisite: FIN 343; Permission of instructor, may vary with topic.
 
FIN 481 Internship in Finance (1-4 sh)
An internship offers the student valuable experience in the field of finance. Appropriate placement must be arranged by the student with the aid and support of the faculty and other appropriate resources.
 

 Business Administration Courses

BUS 202 BUSINESS COMMUNICATIONS (4 sh)
Methods for organizing ideas, formatting information, understanding audience needs and developing a professional communication style are emphasized in this course focusing on oral and written communication. Students practice writing business reports, letters, email messages and memoranda; students sharpen their skills in effective oral presentation
through individual and team presentations. Cases and exercises emphasize informative and persuasive communication. Prerequisites: ENG 110 and sophomore standing or higher. Offered fall and spring.

BUS 221 LEGAL AND ETHICAL ENVIRONMENT OF BUSINESS (4 sh)
This course provides an introduction to the relationships among the firm, society, and the laws and regulations governing the conduct of business. Topics covered include corporate social responsibility, sustainable business practices, the structure of the legal system, as well as key substantive areas of legal regulation such as antitrust, intellectual property, torts, products liability, contracts, employment and more. Offered fall and spring.

BUS 225 INFORMATION SYSTEMS FOR ONLINE TRADING (4 sh)
The objective of this course is to provide students the knowledge to manage their own personal investments with today’s available online trading systems and financial knowledge base systems; to meet that objective, the course will expose students to various information systems that are available online to help them in trading/investment decisions. The course will also cover the nature of financial markets, how technology systems play pivotal roles in these markets, and the technical, economic and global forces affecting the movement of stocks and options prices. Offered winter.

BUS 301 ADVANCED APPLICATIONS: EXCEL FOR BUSINESS (4 sh)
Microsoft Office Excel is a rich computer application with impressive analytical capability and more and more businesses, especially those dealing with statistical and financial information, are finding its powers critical to their future success. This course exposes students to some of the advanced capabilities of Excel, including statistical analysis, financial analysis and modeling, PivotTables, scenario tools, a variety of add-ins, the creation of macros, and advanced charts and graphs. After taking this course, students will have demonstrated knowledge of the more advanced features of Microsoft Excel. Offered fall, winter and spring.

BUS 303 INTRODUCTION TO MANAGING (4 sh)
For nonmajors and business administration minors, this introductory course examines universal business processes such as goal setting, planning, decision making, motivation, human resource management and control that are utilized by both not-for-profit and government organizations. Sophomore standing required. Course credit not given for BUS 303 and MGT 323. Offered fall, winter and spring. Sophomore standing required.

BUS 304 INTRODUCTION TO MARKETING (4 sh)
For nonmajors and business administration minors, this introductory course examines marketing principles which are applied by all organizations. Credit not given in the major for BUS 304. Course credit not given for both BUS 304 and MKT 311. Offered fall, winter and spring. Sophomore standing required.

BUS 326 OPERATIONS AND SUPPLY CHAIN MANAGEMENT (4 sh)
This course explores the importance of operational methodologies such as demand forecasting, inventory management, project management, quality assurance, and just-in-time and lean activities within the context of supply chain management and their impact on the profitability of the company. Operations and supply chain management together form one of the three core business functions. Prerequisites: ACC 212, ECO 203, MGT 323 or BUS 303.

BUS 366 FIELD EXPERIENCE IN BUSINESS (4 sh)
This course revolves around visits to diverse local businesses and analyses of the businesses visited. Prerequisite: Permission of instructor. Sophomore standing required.

BUS 465 BUSINESS POLICY (4 sh)
This capstone course integrates students’ experiences and previous study through case studies and simulated business decision exercises. Prerequisites: MKT 311, MGT 323; BUS 326 for entrepreneurship, finance, international business, management and marketing majors or ACC 336 for accounting majors; ECO 301 (entrepreneurship, management and marketing majors only); ECO 310 for finance majors; ECO 314 for international business majors; FIN 343; and senior status. Offered fall and spring.

BUS 472 SEMINAR: SPECIAL TOPICS IN INTERNATIONAL BUSINESS (4 sh)
This advanced study consists of readings and discussion of special topics and involves participation by students, faculty and other resource persons.


Love School of Business Courses

LSB 352 STRATEGIES FOR CAREER PREPAREDNESS (1 sh)
The purpose of this course is to further prepare LSB majors for the exciting and challenging world of business. The course is intended to help prepare students to secure a job or internship through self-assessment, résumé creation, interviewing skills, networking skills, business etiquette and some basic professional communication skills. Sophomore standing
or higher required.
 
LSB 381 INTERNSHIP IN BUSINESS (1-4 sh)
This course is designed to provide LSB majors with hands-on experience. Students will work in off-campus positions to confirm or clarify career goals, test what they have learned in their classes, gain a clearer sense of what they still need to learn and build their professional network. This program will be managed and monitored by the LSB internship coordinator and one credit hour is based on at least 80 work hours. Students systematically evaluate themselves and the organization in which they work over the course of the term to determine: “If offered a career employment opportunity with this organization at the end of the term, would I accept? Why or why not?” The “why or why not” will focus on the potential fit between a student’s individual strengths/interests and the organization’s environment and culture.
 
This page was updated June 27, 2014.