COURSE DESCRIPTIONF
 
 

FIN 301 BUSINESS FINANCE [3]

P: ACC 101. Provide understanding of finance functions and decisions in business enterprise. Topics include mathematics of finance, credit and bank services, time value of money, risk and return, cost of capital, short term financing, long term financing, capital budgeting, financial problems of business firms.
 
 

FIN 302 CORPORATE FINANCE [3]

P: FIN 301. A study of principles and policies of corporate finance. Includes topics such as assets management, raising long and short term capital, financial structure, dividend decisions, plan for debt repayment, mergers, acquisitions, joint ventures, etc.

FIN 303  FINANCIAL MARKETS AND INSTITUTIONS [3]

P: FIN 301. Introduces the nature, functions and criteria of efficient financial systems, money and capital markets and banking system. The role of financial intermediaries and markets in facilitating the efficient financing of economic activity are studied. Examines debt, equity and derivative securities market, institutional structure, financial contract forms, and pricing relationships.

FIN 304  WORKING CAPITAL MANAGEMENT [3]

P: FIN 301 & FIN 303. Shortage of working capital is a perennial problem of the business enterprises in developing countries. The course analysis short term sources and uses of funds. Management of current assets and liabilities and bank lending practices are discussed. Credit management is stressed. Optimization techniques and case studies are used.

FIN 401  INVESTMENT ANALYSIS AND DECISION [3]

P: FIN 303. Introduction to investment and portfolio management and techniques applied to evaluate underlying risk-return trade-off on a financial asset investment opportunity. Theory and principles of security analysis are discussed. Includes analysis of the national economy, industry, company and security markets.

FIN 402  COMMERCIAL BANK MANAGEMENT [3]

P: FIN 301. The course covers functions of commercial banks and includes study of their policies, practices and accounting system. Planning, organization and control of the operations of the banks are discussed. A detailed study of all departments of commercial bank is included.

FIN 403  MANAGEMENT OF FINANCIAL INSTITUTIONS [3]

A study of the operation and management of financial institutions other than commercial banks and insurance companies. Included in the course are development financial institutions (DFI) and leasing companies. The course provides an in-depth understanding of the role, functions, strategy and management of the specialized banks financing development of industry, agriculture, housing, rural areas, etc, and leasing companies financing capital and consumer goods.

FIN 404  MANAGEMENT OF INSURANCE BUSINESS [3]

P: FIN 301. The course provides an understanding of the concept of risk and the nature of insurance business. The objectives, policies and functions of the insurance companies are discussed and the students are oriented with the life and general insurance, types of insurance policies and operations of each department of the insurance companies.

FIN 405  INTERNATIONAL FINANCIAL MANAGEMENT [3]

P: FIN 301. A study of balance of payments, foreign exchange markets and exchange rate system. Deals with international portfolio  management, capital flows including direct investment, financing of multinational enterprises including joint ventures, taxation and transfer pricing, capital budgeting and cost of capital in the international setting. Application of financial management concepts to investment, financing, and managerial control decisions at international level is stressed.

FIN 501 MANAGERIAL FINANCE [3]

The course covers the nature and scope of financial management, the objectives of financial management, the need for management of working as well as fixed capital, tools for quantitative analysis of prior financial position, techniques of forecasting, the need for funds, techniques of capital budgeting and related concepts, financial structure and profit distribution policy.

FIN 502  BANKING AND FINANCIAL INSTITUTIONS [3]

P: FIN 501. This course provides an analytical foundation for understanding the need for, and characteristics of, money markets. The role of commercial bank and non-bank financial intermediaries is developed in the broader context of the saving investment process in an economy. Each institution's behavior is modeled using basic micro-economics principles, keeping in mind the regulatory environment. Finally,the financial instruments issued/held by these institutions, how these are priced, and behavior of these instruments analyzed both cross sectionally and over time.

FIN 503  CAPITAL INVESTMENT DECISIONS [3]

P: FIN 501. The course is designed to study the role of investment analysis and program, techniques of forecasting market demand, estimation of resource requirements, factor costs, costs of capital, concept of time preference, shadow price, budget of income and expenditures, cash flow direction, commercial and national profitability, their divergence and implications, project evaluation, rate of return, present worth, benefit cost analysis, risk and uncertainty, analysis of selected investment decisions and financial policies.

FIN 504 FINANCIAL MANAGEMENT [3]

P: FIN 501. This course provides a general introduction to the three major areas of finance: corporate finance, commercial banking, and investments. Topics include the functioning of portfolio management, capital budgeting, capital structure, dividend policy, working capital management, leasing, and mergers. The mode of presentation is largely conceptual and problem-oriented.

 
 
FIN 505 INVESTMENTS [3]

P: FIN 501. Considers return and risk characteristics of various financial investment instruments, including common stocks, bonds, convertibles, and options, with emphasis on long-term results. Financial analysis and valuation of corporate a securities are covered in some detail. In this connection a written report on industry and company is required. Also covers alternative portfolio management strategies in various security universes. Concepts of modern portfolio theory are discussed and related to their implementation in the construction of portfolio for individual investors.

FIN 601 SPECIAL TOPICS IN FINANCE [3]

P: FIN 501, FIN 503. This course is used to cover current topics and for faculty members to introduce their current research into the curriculum. The course will not be offered every semester and coverage will differ from one offering to the next. When the course is to be offered, the faculty will provide a course description. The course will provide 1 to 3 hours of credit as determined by the finance faculty each time it is offered.

FRE 104 MODERN FRENCH

Introduction to the structure of modern French. Essentials of grammar, reading, writing and speaking are covered.