Department of Finance, Economics and International Business
Courses
Economics
Major emphasis given to microeconomic topics such as supply and demand, market structure, and international trade. Macroeconomic concepts and aggregate supply-aggregate demand model are examined. (Not open to students in the College of Business or to students who have completed ECN 250)
Principles of scarcity, opportunity cost, and supply and demand are developed along with price and wage determination in the marketplace. International trade and policy problems are also examined.
Advanced study of the national economy as a whole. The main topics focused on are: economic growth, unemployment, inflation, international monetary and financial relations, and macroeconomic policy activity.
Pre-req: ECN 250 with a minimum grade of D and ECN 253 with a minimum grade of D.
An application of basic economic theory to a consideration of a wide range of environmental problems including pollution, natural resource exhaustion, population and economic growth.
Pre-req: ECN 250 with a minimum grade of D.
Marxism, capitalism, communism, facism ad socialism considered as theories, movements and actual political economies.
Pre-req: ECN 250 with a minimum grade of D.
An introduction to the basic microeconomic models explaining the reasons for and the effects of trade among nations, trade restrictions and regional trading arrangements.
Pre-req: ECN 250 with a minimum grade of D and ECN 253 with a minimum grade of D.
Current topics in international monetary relations, and how countries use macroeconomic policy to influence their performance in the global economy, and how global events influence country performance. Emphasis upon applications.
Pre-req: ECN 253 with a minimum grade of D.
Combines economic theory with real data to obtain quantitative results for purposes of explanation and prediction. The development of useful economic models applicable to present day world problems.
Pre-req: (MGT 218 with a minimum grade of D or MGT 318 with a minimum grade of D or MTH 225 with a minimum grade of D or STA 225 with a minimum grade of D or IST 130 with a minimum grade of D or EDF 417 with a minimum grade of D or PSY 223 with a minimum grade of D or SOC 345 with a minimum grade of D) and ECN 253 with a minimum grade of D.
Theoretical and empirical analysis of labor markets, wage determination, hours of work, unemployment and inflation, unions and collective bargaining and related subjects in their social and legal contexts.
Pre-req: ECN 250 with a minimum grade of D.
Introduction to developing nations in the world economy. Focus on their economic characteristics, current economic problems, and policy issues. Interactions between the world economy and country performance.
Pre-req: ECN 250 with a minimum grade of D and ECN 253 with a minimum grade of D.
Capstone experience. Emphasis on learning economics through applied research, writing, and oral presentations of student work.
Pre-req: ECN 326 with a minimum grade of D and ECN 328 with a minimum grade of D and ECN 423 with a minimum grade of D.
Capstone Experience. Emphasis on learning economics through writing exercises. Opportunity for collaborative research with CBER staff. Development of skills necessary for success in the job market. (PR: ECN 466) tion of Senior Thesis I )
Members of the department may teach, when necessary, any economics subject not listed among the current course offerings.
A research project conducted by a qualified student under guidance of a member of the department; involves gathering of data, interpretation, and presentation of findings in a written report.
A supervised internship in which the student works for a business firm/agency to gain practical experience in the student's major. The program of work and study will be defined in advanced and the students performance will be evaluated.
A survey of essential economics principles and techniques, including both microeconomic and macroeconomics topics. For students who have not had a two semester principles of economics sequence as undergraduates.
A study of location theory and regional development within a framework of economic theory.
Intensive review of subject matter and teaching methods in economics for elementary and high school teachers.
Members of the department may teach, when necessary, any economics subject not listed amoung the current course offerings.
Members of the department may teach, when necessary, any economics subject not listed among current course offerings.
Members of the department may teach, when necessary, any economics subject not listed among current course offerings.
Independent study of a specific nature under the supervision of a qualified faculty member. Hours of credit are determined by the magnitude of the project. (PR: Permission of division head and of GSM academic advisor)
(PR: Permission of division head and full M.B.A. admissions)
Study of administrative decisions making under conditions of uncertainty. Policy constuction at top administrative level with emphasis on strategy with consideration of major functions of the business organization.
Finance
To assist the consumer in management of personal financial affairs. Topics are consumerism, insurance, savings instruments, banking, and personal expenditures and budgeting, personal taxes, house buying, introduction to investments, and estate planning.
Fundamental concepts and principles of risk; techniques used to manage pure risks, and the role of insurance and the insurance mechanism in handling the exposures of individuals and businesses.
Business finance from viewpoint of business manager; use of financial statements, tools, and concepts for measuring and planning for profitability and liquidity.
Pre-req: ACC 215 with a minimum grade of D and (MGT 218 with a minimum grade of D or MTH 225 with a minimum grade of D or STA 225 with a minimum grade of D or MGT 318 with a minimum grade of D or IST 130 with a minimum grade of D or EDF 417 with a minimum grade of D or PSY 223 with a minimum grade of D or SOC 345 with a minimum grade of D).
Legal facets of life, health, and annuity contracts; risk selection; programming; mathematics of life insurance; taxation; regulation of companies.
Pre-req: FIN 321 with a minimum grade of D.
Risk management and insurance tools applied to the needs of the corporate enterprise; direct/indirect property exposures; third-party claims; workers compensation, fidelity; crime; boiler/machinery; valuation and insurance surveys.
Pre-req: FIN 321 with a minimum grade of D.
Application of financial principles to corporate business problems. Computer analysis will be utilized where appropriate.
Pre-req: FIN 323 with a minimum grade of D.
Management of working capital, evaluation of financial data, capital budgeting, the capitalism process, and the study of third party reimbursement systems.
Pre-req: FIN 323 with a minimum grade of D.
Bank structure; asset and liability management; management of reserves; liquidity management; credit analysis and loan administration; costs and pricing of bank services; analysis of bank performance and capital adequacy; evolution of the "financial supermarket."
Pre-req: FIN 323 with a minimum grade of D.
A study of financial market operations, security analysis and portfolio selection. Models of capital market equilibrium, trade-off between risk and return, and how to evaluate portfolio performance are also discussed.
Pre-req: FIN 323 with a minimum grade of D.
Entrepreneurial finance examines the principles of small business finance which include projecting financial needs and surveying potential sources of financing. Other areas covered include financial forecasting, and sources of capital.
Coverage and limitations of social insurance; social security; worker's compensation; unemployment insurance; medicare, medicaid, integration with private insurance and employee benefits; theory of group programs; pension plans.
Pre-req: FIN 321 with a minimum grade of D.
Identification, analysis, and handling of the risk exposures faced by businesses and risk managers; loss prevention and control; risk retention; self-insurance and corporate insurance programs.
Pre-req: FIN 321 with a minimum grade of D.
Analytical procedures for valuing various financial securities and techniques for the creation and maintenance of portfolios.
Pre-req: FIN 370 with a minimum grade of D.
To introduce options and futures, their market microstructure, their theoretical foundation pertaining to pricing and hedging with such contracts, and their uses.
Pre-req: FIN 370 with a minimum grade of D.
This course prepares students for the Series 7 exam that entitles the holder to sell all types of securities products with the exception of commondities and futures.
International financing techniques and the role of finance in multinational organizations.
Pre-req: FIN 323 with a minimum grade of D.
Strategies for gaining competitive advantage in the global business environment. Topics include international trade and investment, economic growth, and operations of multinational corporations. Capstone Experience for International Business major.
Pre-req: ECN 421 with a minimum grade of D and FIN 343 with a minimum grade of D.
Study of an advanced topic not normally covered in other courses. Finance majors only, with permission of department chair.
A supervised internship in which the student works for a business firm/agency to gain practical experience in the student's major. The program of work and study will be defined in advance and the students performance will be evaluated.
Business finance from the viewpoint of the financial manager. Use of financial statements, tools, and concepts for measuring and planning for profitability and liquidity. (PR: Permission of MBA director).
Pre-req: ACC 510 with a minimum grade of C and ECN 501 with a minimum grade of C and MGT 500 with a minimum grade of C.
This course prepares students for the Series 7 exam that entitles the holder to sell all types of securities products with the exception of commodities and futures.
This course focuses on principles and current law of income taxation and its impact on financial planning for individuals, couples and families as investors, employees and business owners.
Pre-req: FIN 551 with a minimum grade of C.
Estate Planning focuses on the efficient conservation and transfer of wealth, consistent with the client's goals such as trusts, wills, probate, advanced directives, charitable giving, wealth transfers and related taxes.
Pre-req: FIN 551 with a minimum grade of C.
An examination of business corporations practicing at the level of the individual firm with emphasis on quantitative analysis of the variables which affect liquidity and profitability.
Pre-req: MGT 601 with a minimum grade of C.
A study of fundamental investment principles, modern portfolio theory, and portfolio formation process and the evaluation of portfolio performance.
Pre-req: FIN 501G with a minimum grade of C or FIN 501 with a minimum grade of C.
Recognizing and solving financial problems through the use of case presentations and/or corporate annual and interim reports.
Pre-req: FIN 620 with a minimum grade of C.
Analytical procedures used by institutional portfolio managers to measure both past performance of holdings and anticipated market performance of current offerings. Emphasis in this course may be expected to be more centralized in the area of fundamental analysis.
Pre-req: FIN 620 with a minimum grade of C.
An in-depth study of the flow of funds in the aggregate financial systems, with emphasis on those in the United States. Because interest rates, and bank reserve requirements of Federal Reserve System are all dynamic in character, the content of this course may be expected to vary as financial events of the future dictate.
Pre-req: FIN 620 with a minimum grade of C.
This course analyzes the challenges of multinational corporations' financial management. It covers three areas: foreign exchange market transactions, exchange rate risk and hedging, and corporate financial decisions of an MNC.
(Permission of the division head, full M.B.A. admission, and permission of GSM academic advisor)
Pre-req: FIN 501G with a minimum grade of C or FIN 510 with a minimum grade of C.
Pre-req: FIN 620 with a minimum grade of C.
Independent study of a specific nature under the supervision of a qualified faculty member. Hours of credit are determined by the magnitude of the project. (PR: FIN 620 and permission of division head or permission of GSM academic advisor)
Pre-req: FIN 620 with a minimum grade of C.
(PR: Permission of the division head and full M.B.A. admission)
Study of administrative decisions making under conditions of uncertainty. Policy construction at top administrative level with emphasis on strategy with consideration of major functions of the business organization.