Bachelor of Science
Finance Courses
Finance (390)
Overview of personal financial management topics including insurance, investments, taxes and the use of credit. Students will create solutions for real life financial challenges including the strategic use of credit, designing and managing investment portfolios and investing in real estate. The impacts on personal financial planning of external economic factors like inflation, interest rates and taxes are incorporated.
Prerequisite: 50:220:103.
Financial statements and ratio analysis; time value of money and discounted cash flow valuation; bond and stock valuation; capital budgeting; and risk and return.
Prerequisites: 52:010:101 and (50:640:113 or 50:640:115) and (50:960:183 or 50:960:283).
The ability to estimate the worth of a business is a valuable skill for anyone who plays a role in financial markets, or who needs to estimate the economic value of an enterprise for a variety of business and legal purposes. This course introduces the basic approaches to business valuation. The valuation process includes company analysis, industry and economic analysis, and financial analysis.
Prerequisite: 52:390:301.
Cost of capital; capital Structure; payout policy; introduction to international aspects of corporate finance; options and corporate finance.
Prerequisites: 52:390:301, 50:640:130, and 50:960:284.
Organization and functioning of securities markets; efficient capital markets; modern portfolio management; asset pricing models; security valuation principles and practices; analysis and management of bonds and common stocks; derivative securities; and evaluation of portfolio performance.
Prerequisite: 52:390:301, 50:640:130, and 50:960:284.
Roles of financial markets and institutions; Determination and structure of interest rates; Functions of the Federal Reserve System, its monetary policy and implications; Debt and equity securities markets; Commercial bank operations and bank regulation; Nonbank operations.
Prerequisite: 52:390:301.
Efficient management of the firm’s short-term assets and liabilities. Topics include cash management and banking relations, short-term investments, accounts receivable management, accounts payable management, short-term borrowing, and electronic data interchange. Background material on commercial banking and the Federal Reserve System is also covered.
Prerequisite: 52:390:301.
Financial management for the multinational firm. Topics include understanding exchange rates, balance of payments accounting, the international monetary system, foreign exchange markets, measuring and managing foreign exchange exposure, international capital budgeting, and financing international projects.
Prerequisite: 52:390:301.
Model building and analysis of financial data using techniques and computer software such as MS Excel. This course makes the connection between textbook finance and solving real-world business problems. The course provides a patterned map for solving common financial models with spreadsheets. Topics include corporate finance problems, standard portfolio problems, fixed income models, and option pricing.
Prerequisite: 52:390:301.
Introduces students to the primary valuation methodologies currently used on Wall Street to value mergers and acquisitions. Real world data from Bloomberg are integrated into the lessons. Qualitative dimensions, such as deal structure, form of financing, and acquisition strategies, are incorporated into the M&A analysis.
Prerequisite: 52:390:310.
Model building and analysis of financial data using statistical techniques and computer software such as SAS or SPSS. Topics include financial ratios and bond ratings, prediction of financial distress and acquisitions, evaluation of business loans, estimation of portfolio inputs, evaluation of portfolio performance, and sales and earnings forecasting.
Prerequisite: 52:390:315.
Bond price, yield, and total-return determination; interest rate risk; duration and convexity; the institutional characteristics of fixed-income markets; the term structure of interest rates; forwards, futures, options, and swaps of fixed-income securities; hedging with derivative securities; and mortgage pass-through securities.
Prerequisite: 52:390:315.
Functioning of futures and options markets; futures price structure; hedging; risk and return; futures contracts on stock indices, interest rates, and currency; options price structure and arbitrage, valuation, and trading strategies; options contracts on stock indices, interest rate, and currency; swaps.
Prerequisite: 52:390:315.
The purpose of this course is to investigate, evaluate, and apply various equity analysis and valuation methods as well as equity portfolio management and performance measurement techniques. Methods range from adjusting book, discounted cash flow, and market multiplier approaches. SWOT (Strengths, Weaknesses, Opportunities, and Threats) analytical approaches are also used. Differential equity portfolio formation approaches will focus on style analyses and sector rotation strategies, as well as various portfolio performance measurement and evaluation methods.
Prerequisite: 52:390:315.
Introduces students to various equity portfolio implementation techniques. Through the extensive use of TraderEx simulation software, students implement equity trades within order driven, dealer driven, hybrid, dark pool, continuous and call auction market environments. The objective is to provide opportunities for students to learn ways to minimize implementation shortfall through judicious trading techniques.
Prerequisite: 52:390:301.
Co-requisite: 52:390:315.
Individual study under the supervision of finance faculty, usually on a specified project or paper, designed to enrich the educational experience.
Prerequisite: Permission of instructor.
Designed to integrate course materials, introduce new philosophies, theories, and techniques in finance, and apply them to selected problems. Extensive reading and research reports required. Topics vary from year to year.
Prerequisite: 52:390:301.
An individual research project.
Prerequisite: Permission of instructor.
A structured, practical program conducted by a business in cooperation with the School of Business-Camden.
Prerequisites: Cumulative grade-point average of 3.0; permission of internship director.