Introductory course intended to survey the theory and practices of business financial management. Note: You must complete the 400-level core for all M.B.A./M.S. programs before taking any 500-level courses.
Financial market theory, operation, and structure. Emphasis on yield levels and patterns, and saving and financial investment decisions.
This course examines legal, regulatory, and social environment issues facing thrift and commercial bank management. Topics include: depository institution market structure, antitrust, lender liability, asset/liability management, risk-based capital, selected foreign banking systems, and other topics of special concern to financial institutions management.
This course will build a suggested analytical structure for purposes of assessing firm performance. That structure will lay a foundation for developing a financial planning system and for investment analysis. The following topics will be studied: creating measurable firm goals, financial statement analysis, valuing the firm, cash budgeting, capital budgeting, and capital structure planning. The emphasis is on practical application.
Theory and practice of capital budgeting, working capital management, valuation for acquisition purposes, and financial analysis.
Theory and practice of various methods of financing the business concern. Emphasis on devising a capital structure strategy, cost-of-capital theory, and investment banking.
Current practices in financial management of health care operations, including the development of operational and capital budgets, business plans, and methods for measuring financial performance, and assessing the impact of alternative contractual arrangements with third party payers. The live cases studies will deal with the issues related to practice acquisition, and the financial insolvency of health plans and delivery systems.
An introduction to modern portfolio theory and capital market models. Financial decision making under conditions of risk and uncertainty is discussed. Various analytic models are developed and applied.
Analysis and forecasting of financial statements. Hospital revenue bond rating and placement. Capital budgeting and structure. Working capital management. Consideration of mergers, joint ventures, and organizational form.
Covers comparative international accounting practices; the analysis of foreign financial statements; transfer pricing and international taxation; the determinants of exchange rates; accounting for foreign currency translation and transactions; hedging foreign exchange exposure; international monetary system; international financial markets, including the foreign exchange and Euro-bond markets; financing foreign trade and foreign direct investment. Theory is reinforced by assignments and exercises that draw on current events and participants' experience.
The objective of this course is to provide the student with a working knowledge of the concepts, problems, and applications of speculative securities. This class of securities includes: (1) interest rate, currency, and stock index futures; (2) stock, stock index, currency, and future options; and (3) interest and currency swaps.
Development of an understanding of investment analysis and risks assessment. A study of techniques useful in analyzing the soundness and values of individual securities, the security market, and price behavior of securities.
Theory, operation, and structure of international financial markets and institutions. International monetary systems, foreign exchange theory, international banking and money markets, and international monetary policy.
Theory and practice of corporate financial management in international environments. International financing, international investment, foreign exchange and country risk, and international money management.
Theory, operation, and structure of international financial markets and institutions. International monetary systems, foreign exchange theory, international banking and money markets, and international monetary policy. Theory and practice of corporate financial management in international environments. International financing, international investment, foreign exchange and country risk.
Mergers, acquisitions, restructuring and corporate control issues have become important corporate- and public-policy concerns. This course intends to develop a framework for understanding the firm's investment behavior as it relates to merger, acquisition and restructuring activities. We will develop a theory of the firm capable of explaining this observed investment behavior. From this theory a framework will evolve by which we will study financial analysis and valuation, acquisition strategy, tax options and the role of the government.
This course provides a broad coverage of the mechanisms by which rapidly growing
firms obtain financing. The first part of the course focuses on the preparation
of various accounting statements that can be used to identify the funding needs
of a business. The second part introduces several valuation techniques including
free cash flow and real options. The third part examines the structure of private
equity and venture capital markets and focuses on the IPO process.
Special study in a particular aspect of finance under the direct supervision of an appropriate graduate faculty member. No more than six semester hours of independent study may be counted toward degree requirements.
Intended for students enrolled in doctoral programs in business or economics. Focus is on the theory of rates of return in financial markets and the effect of taxes and costs. Effects of the real economy, price levels, and international flows on rates and yields.
First course in two-course sequence for doctoral students in business and economics. Provides a thorough understanding of the analytical techniques of modern finance theory and present a complete overview of the major theoretical topics in finance. Analyzes an agent's optimal decision making process regarding alternatives that have either certain or uncertain outcomes over multiple time periods. Required of all finance doctoral students.
The second course in two-course sequence for doctoral students in business and economics. Provide a thorough understanding of the analytical techniques of modern finance theory and present a complete overview of the major theoretical topics in finance. Finance 606 examines efficient capital markets and the theory of corporate finance. Required for all finance doctoral students.
Intended for doctoral students. Rigorous discussion of both managerial and economic aspects of international finance.
Selected advanced topics in areas of finance other than monetary theory and
policy. Intended primarily for in-depth studies of interest to doctoral students
majoring or minoring in finance.
Theoretical justification and rigorous mathematical derivation of portfolio selection and capital asset pricing models; comprehensive introduction to the academic literature in this area.
This course analyzes the financial system within which business firms raise capital and manage assets. The course describes how recent technological and other changes in commercial banking, investment banking and other institutions impact the nonfinancial corporation; and how financial markets -- for equity, debt, and a large variety of derivative instruments -- present opportunities and risks on a global scale.
This course focuses on corporate finance. Topics include: financial planning, stock and bond valuation, risk, short and long-term financing, and the cost of capital. The principles are applied in reviewing and integrating contemporary financial issues.
Supervised individual reading and research projects