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 (MIST 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 every year.

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 (MIST 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 every year.

FINA 4000. Money and Capital Markets. 3 hours.
Oasis Title: MONEY & CAP MKTS.
Prerequisite: FINA 3000 and (MSIT 3000 or STAT 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 every year.

FINA 4150. Investment and Portfolio Management. 1.5 hours. Repeatable for maximum 6 hours credit.
Oasis Title: INVEST/PORT MGMT.
Prerequisite: Permission of department.
Prerequisite or corequisite: FINA 3000 and MSIT 3000.
Portfolio management and security analysis. Emphasis is on risk, return, valuation of securities, portfolio theory, and investment performance analysis. Students will research stocks and manage a stock portfolio.
Offered fall and spring semesters every year.

FINA 4200. Corporate Finance Theory. 3 hours.
Oasis Title: CORP FIN THEORY.
Prerequisite: FINA 3000 and (MSIT 3000 or STAT 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 every year.

FINA 4210. Applied Corporate Finance. 3 hours.
Oasis Title: APPLIED CORP FIIN.
Prerequisite: FINA 3000 and (MSIT 3000 or STAT 3000) and FINA 4200.
Corporate financial decision making by applying the tools, techniques, and theories of finance to actual business decisions.
Offered every year.

FINA 4310. Survey of Investments. 3 hours.
Oasis Title: SURVEY OF INVESTMT.
Prerequisite: FINA 3000 and (MSIT 3000 or STAT 3000).
The securities markets, investor objectives, introduction to portfolio theory and the analytical tools of portfolio management, and an examination of investment alternatives.
Offered every year.

FINA 4320/6320. Derivative Security Markets. 3 hours.
Oasis Title: DERV SECURITY MKTS.
Undergraduate prerequisite: (FINA 4310 and MATH 2200) or MATH 2250.
The markets for futures, options, and other derivative securities. The mechanics of trading, regulation, pricing, hedging, and risk management using derivatives.
Offered every year.

FINA 4420. Management of Financial Institutions. 3 hours.
Oasis Title: MGMT OF FIN INSTITU.
Prerequisite: FINA 3000 and (MSIT 3000 or STAT 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 every year.

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 every year.

FINA 4810/6810. International Finance. 3 hours.
Oasis Title: INTL FINANCE.
Undergraduate prerequisite: FINA 3000 and (MSIT 3000 or STAT 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 every year.

(FINA)AAEC 4870/6870. Futures and Option Markets. 3 hours.
Oasis Title: FUTURES & OPT MKTS.
Undergraduate prerequisite: (AAEC 2580 or ECON 2106) and (AAEC 3690 or FINA 3000).
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 every year.

FINA 4920. Computers in Finance. 3 hours.
Oasis Title: COMPUTERS IN FINA.
Prerequisite: FINA 3000 and (MSIT 3000 or STAT 3000).
Applying computers to business applications especially using Excel in finance related work.
Non-traditional format: Directed study not involving lecture or laboratory.
Offered every year.

(FINA)REAL 5100. Real Estate Finance. 3 hours.
Oasis Title: REAL ESTATE FINANCE.
Prerequisite: REAL 4000 or any 4000-level FINA course.
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 every year.

FINA 5990. Directed Study. 1-9 hours. Repeatable for maximum 9 hours credit.
Oasis Title: DIRECTED STUDY.
Prerequisite: FINA 3000 and (MSIT 3000 or STAT 3000) and permission of department.
Individual, advanced study, reading, or projects under the direction of a faculty project director.
Non-traditional format: Directed study.
Offered fall, spring, and summer semesters every year.

FINA 7010E. Financial Management. 3 hours.
Oasis Title: FINANCIAL MGMT.
Not open to students with credit in FINA 7010 or FINA 7020 or FINA 8000 or 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 every year.

FINA 7010. Financial Management. 3 hours.
Oasis Title: FINANCIAL MGMT.
Not open to students with credit in FINA 7020 or FINA 8000 or 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 every year.

FINA 7020. Financial Management. 1.5 hours.
Oasis Title: FINANCIAL MGMT.
Not open to students with credit in FINA 7010 or FINA 8000 or FINA 8010.
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 every year.

FINA 7050E. Financial Analysis. 3 hours.
Oasis Title: FINANCIAL ANALYSIS.
Not open to students with credit in FINA 8050 or FINA 7050.
Prerequisite: FINA 7010.
Application of basic principles of finance to a number of management activities, including cost management decisions. Topics include financial forecasting with an emphasis on cash flows and financial needs, valuation of ongoing business operations, evaluating production alternatives, cost accounting, and advanced topics in capital budgeting.

FINA 7050. Financial Analysis. 3 hours.
Oasis Title: FINANCIAL ANALYSIS.
Not open to students with credit in FINA 8050.
Prerequisite: FINA 7010.
Application of basic principles of finance to a number of management activities, including cost management decisions. Topics include financial forecasting with an emphasis on cash flows and financial needs, valuation of ongoing business operations, evaluating production alternatives, cost accounting, and advanced topics in capital budgeting.

FINA 7100E. Corporate Financial Management. 3 hours.
Oasis Title: CORPORATE FIN MGMT.
Not open to students with credit in FINA 7100 or FINA 8100.
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 every year.

FINA 7100. Corporate Financial Management. 3 hours.
Oasis Title: CORPORATE FIN MGMT.
Not open to students with credit in FINA 8100.
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 every year.

FINA 7110. Theory of Corporate Finance. 3 hours.
Oasis Title: THEORY OF CORP FIN.
Not open to students with credit in FINA 8110.
The co-determination of financial policy and business strategy. The role of capital markets, government, product and factor markets, and governance in financial decision making will be discussed including theory and empirics. Topics include security issuance, IPOs, mergers, and bankruptcy.
Offered every year.

FINA 7140. Mergers, Restructuring, and Corporate Control. 1.5 hours.
Oasis Title: CORPORATE CONTROL.
Not open to students with credit in FINA 8140.
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 every year.

FINA 7150. Using Financial Markets. 3 hours.
Oasis Title: USING FIN MKTS.
Not open to students with credit in FINA 8150.
Prerequisite: FINA 7010.
Using financial markets in corporate decision making. Topics will vary but may include short-term financial planning, risk management, managerial compensation, and corporate restructuring.

FINA 7160. Venture Capital Financing. 1.5 hours.
Oasis Title: VENTURE CAPITAL.
Not open to students with credit in FINA 8160.
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 every year.

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 every year.

FINA 7310. Investments. 3 hours.
Oasis Title: INVESTMENTS.
Not open to students with credit in FINA 8300.
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 every year.

FINA 7310E. Investments. 3 hours.
Oasis Title: INVESTMENTS.
Not open to students with credit in FINA 7310 or FINA 8300.
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 every year.

FINA 7320. Financial Derivatives and Risk Management. 3 hours.
Oasis Title: FINA DERIVATIVES.
Prerequisite: FINA 7010 or FINA 7020.
The economics of financial futures and options markets. Theory and application of hedging with financial instruments.
Offered every year.

FINA 7340. Portfolio Management. 1.5 hours.
Oasis Title: PORTFOLIO MGMT.
Not open to students with credit in FINA 8340.
Prerequisite: FINA 7310.
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 every year.

FINA 7360. Financial Engineering. 1.5 hours.
Oasis Title: FIN ENGINEERING.
Not open to students with credit in FINA 8360.
Prerequisite: FINA 7310 and FINA 7320.
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 every year.

FINA 7430. Financial Markets. 1.5 hours.
Oasis Title: FINANCIAL MARKETS.
Not open to students with credit in FINA 8430.
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 every year.

FINA 7450. Management of Financial Institutions. 1.5 hours.
Oasis Title: MGMT OF INSTITUTION.
Not open to students with credit in FINA 8450.
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 every year.

FINA 7810. International Financial Management. 3 hours.
Oasis Title: INTERNATL FIN MGMT.
Not open to students with credit in FINA 8810.
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 every year.

FINA 8900. Directed Study in Finance. 1-5 hours. Repeatable for maximum 6 hours credit.
Oasis Title: DIR STUDY FINANCE.
Prerequisite: Permission of department.
Intensive study relating to a central theme of special interest in the field of Finance.
Non-traditional format: Directed study.
Offered every year.

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 every year.

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 every year.

FINA 9100. Mathematical Finance. 3 hours.
Oasis Title: MATHEMATICAL FIN.
Prerequisite or corequisite: ECON 7910 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 every year.

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 every year.

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 every year.

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 every year.

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 every year.

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 every year.

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 every year.

FINA 9300. Doctoral Dissertation. 1-12 hours. Repeatable for maximum 24 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 every year.