FIN351 Financial Risk Management
Credits: 3 Hours
Co-requisites: FIN471
In today‘s world of rapid information flows, rising volatility, regulatory concerns and oversight, prudent management increasingly requires understanding and measuring risk. Merged or individual banks, securities dealers, insurance companies and industrial firms with significant financing operations, all require enterprise-wide risk management that may span many operations across currencies and locations in real time. Risk management establishes standards for aggregating disparate information, gathering market data, calculating risk measures and creating timely reporting tools for management market, credit, and operational risks. This course is designed to help students understand how large-scale complex risk can be quantified, needs to be managed and architected. The course identifies the business and technical issues, regulatory requirements and techniques to measure and report risk across a major organization.
Credits: 3 Hours
Prerequisites: MGT324 – FIN471
The financial services industry is a leader in the use of information technology. Firms in banking, securities, investments, insurance and financial marketplaces are among the most information intensive and innovative users of technology. The course will examine the role and potential of technology in this industry. The course begins with a description of the financial markets, specifically equity, foreign exchange, and derivatives, and the systems that enable them. It considers exchanges, ECNs, ATS's Order Management Systems, Straight through Processing, Fix Protocol, and post trading clearance and settlement. It covers the design, evaluation and execution of
popular trading strategies that are used by professionals in the various markets. There is increasing interest, in particular, on systematic trading strategies and execution systems because of their scalability and transparency. The course covers both Algorithmic and High Frequency Trading and analyzes issues regarding latency, scalability, and reliability.
Credits: 3 Hours
Prerequisites: FIN361- MGT351
This course is designed to give a working knowledge of the most essential components of international financial management, focusing on international financial markets, institutions, and instruments. The topics we cover include: drivers of international trade in goods, currencies, and financial assets; international financial instruments; determination of spot and forward exchange rates; international hedging and trading strategies; and lessons of recent financial crises for financial management.
Credits: 3 Hours Prerequisites: FIN241
This course is intended to help student understand the role of financial institutions and markets play in the business environment that student will face in the future. It also helps student to develop a series of applications of principles from finance and economics that explore the connection between financial markets, financial institutions and the economy. On the financial markets side, student will learn the term structure of interest rates, stocks, principals of derivatives, and currencies. On the institutions side, student will learn commercial banks, investment banks, insurance companies, mutual funds, the Central Bank Systems and their role of in the economy.
Credits: 4 Hours
Prerequisites: LRA405- LRA406
This course and FIN483 provide students with practical and professional experience through work with approved organizations. It should prepare students for near-future job opportunities.
Credits: 3 Hours Prerequisites: FIN241
Financial statements are important sources of insight as to the financial health, prospects, and value of a company. But just how accurate and complete are these reports in reflecting economic reality? What are the warnings of bias? This course introduces a framework for the analysis of financial statements and financial plans, with particular focus on their usefulness in valuing and financing companies and in the evaluation of corporate performance. The course makes extensive use of readings and
of case studies so that student can gain the knowledge of the relevant theory and techniques and an ability to use them in actual situations.
Credits: 3 Hours Prerequisites: FIN241
The course will focus on the application of financial theory to the issues and problems of investment management. Topics will include portfolio optimization and asset allocation, the basics of bond pricing and debt portfolio management, the theory of asset pricing models and their implications for investment as well as techniques for evaluating investment management performance. The course will build upon the analytical skills developed in Financial Management.
Credits: 4 Hours Prerequisites: FIN472
This is an Extension course for FIN472
Credits: 3 Hours Prerequisites: FIN482
This course introduces students to modern theories and practice of investment. It will survey basic investment tools and concepts, securities analysis, and portfolio theory. Emphasis is on functional understanding of risk-reward relationships from an investment analyst's perspective. Special attention is given to derivative securities (options and futures).
Credits: 3 Hours Prerequisites: FIN361
This course is an advanced corporate finance course that will discuss major issues in asset valuation, capital budgeting, capital cost and structure, dividend policy, and corporate restructuring. The course will be taught by a combination of lectures, case studies, paper discussion, and computer application
FIN486 Financial Planning Credits: 3 Hours Prerequisites: FIN471
This course provides comprehensive coverage of individual financial planning. This includes property liability coverage and special endorsements, risks of loss of income or premature death loss and strategies for insuring against these risks; risks and returns of various investment vehicles, including stocks, bonds, annuity and life insurance
products; and laws, regulations and strategies to consider in pension and estate planning.
FIN487 Financial Derivatives Credits: 3 Hours Prerequisites: FIN471
The course reviews many of the recently created derivative products and how each can be used to transform the financial risks of the corporation. Emphasis will be placed on the role that financial engineering plays in the successful execution of corporate strategy. The principal focus of this course will be on how derivative financial instruments can be used to manage or mitigate the various price risks that arise as a consequence of the company‘s pricing, sourcing, financing and on-going operational decisions. The course begins with a comprehensive theoretical development of futures, forwards, options and swaps. The course ends with an analysis of synthetic and hybrid products which have embedded derivative contracts.
