Master of Science in Management & Administrative Sciences,
Finance Concentration
Business Core, Required Finance Core, and Elective Courses
| Business Core Courses | |
|---|---|
| AIM 6201 | Financial Accounting |
| MECO 6303 | Business Economics (prerequisite-MATH 5304) |
| MIS 6204 | IT and MIS Fundamentals |
| OPRE 6301 | Quantitative Methods for Business Decision Making (prerequisite- MATH 5304) |
| Required Core Courses (17 hours) | |
|---|---|
| All students are required to take: | |
| FIN 6301 | Financial Management |
| AIM 6202 | Managerial Accounting |
| AIM 6344 | Financial Statement Analysis |
| Plus three out of the following six courses: | |
| FIN 6310 | Investment Management |
| FIN 6315 | Entrepreneurial Finance |
| FIN 6320 | Money and Capital Markets |
| FIN 6350 | Advanced Financial Management |
| FIN 6360 | Options and Futures Markets |
| FIN 6366 | International Financial Management |
| Students interested in investment analysis and management should take FIN 6310 and FIN 6360. Students interested in corporate finance should take FIN 6350 and either FIN 6315 or FIN 6366. | |
Elective credit hours (9 hours) may be satisfied by taking elective courses from the list of recommended courses below.
Any courses listed that are not included in your choice of Required Core Courses listed above are recommended.
| AIM 6345 | Business Valuation (3 semester hours) Financial statement based valuation models are studied. Topics include earnings management, income measurement and profitability assessment, discounted cash flow, and accounting-based valuation models. Prerequisite: AIM 6201 and AIM 6202 or instructor consent. |
| FIN 6305 | Corporate Finance and Policy (3 semester hours) Cases involving financial situations encountered in general management and financial management. Special emphasis is placed on strategy. Prerequisites: FIN 6301 and MECO 6201 or MECO 6303. |
| FIN 6310 | Investment Management (3 semester hours) Theoretical and practical approaches to investment management. Topics include: the theory of the consumption-investment decision; the sources and uses of financial information in investment decisions; the role and function of the security analyst; and the theoretical and applied approaches to efficient portfolio management. Prerequisites: FIN 6301, MECO 6303, and OPRE 6301. |
| FIN 6312 | Portfolio Management (3 semester hours) This course builds on the basic ideas underlying portfolio optimization covered in FIN 6301 and FIN 6310. It emphasizes the application of modern portfolio theory using quantitative methods. Spreadsheet analysis and statistical concepts play a key role in the practical examples used to illustrate theoretical models and methods. At the completion of this course, students will be able to analyze market data using the latest investment management tools, to formulate theoretical models, and to implement appropriate investment strategies. Students who are interested in obtaining a qualification such as the CFA or CFP will find this course useful in achieving this goal. Prerequisite: FIN 6310. |
| FIN 6315 or ENTP 6315 | Courses are identical- only one may be counted towards a degree. Entrepreneurial Finance (3 semester hours). The objective of this course is to build skills and knowledge in the financing of entrepreneurial ventures. Entrepreneurial Finance concerns not only the process of financing and investing in start-up companies, but also the changes to the initial financing mix that may be required as start-up companies mature and grow. Topics include the markets for venture capital and private equity, the decision to go public or remain private, alternative financing arrangements, and the differential marketability and liquidity of the securities used to finance non-public firms. Prerequisite: Finance 6301. |
| FIN 6320 | Money and Capital Markets (3 semester hours) Financial behavior in relation to production and consumption decisions. Banking, financial intermediation, flows of funds, regulation and structure of financial markets. Selected topics of current interest. Prerequisites: FIN 6301, MECO 6303, and OPRE 6301 |
| FIN 6350 | Advanced Financial Management (3 semester hours) Advanced analysis of topics in financial management. Capital structure, dividend policy, incentives, and risk management. Prerequisites: FIN 6301, MECO 6303 and FIN 6310, or consent of instructor |
| FIN 6360 | Options and Futures Markets (3 semester hours) Examines the valuation of derivative securities such as options and futures contracts, as well as the use of these instruments in managing business and financial risks. The topics to be covered include pricing of futures contracts, swaps, and options, the use of derivative instruments in hedging, portfolio insurance, exotic options, and the valuation of options on debt instruments. Prerequisites: FIN 6310 and MECO 6201 or MECO 6303. |
| FIN 6364 | Advanced Investment Management (3 semester hours) Topics in investment management that build on the basic ideas developed in FIN 6310 and FIN 6360 to address advanced topics in security valuation and portfolio management and hedging, emphasizing quantitative methods. Students who are interested in completing the CFA will find this course useful for achieving this goal. Prerequisites: FIN 6310 and FIN 6360 or permission of the instructor. |
| FIN 6366 | International Financial Management (3 semester hours) Study of world financial markets and institutions, foreign exchange exposure and management, foreign direct investment, and a variety of issues involved in the financial management of multinational firms. Prerequisite: FIN 6301. |
| MECO 6312 | Business Forecasting and Time Series Analysis (3 semester hours) A survey of techniques used in making short-term, intermediate-term, and long-run forecasts of business activity with special emphasis on time series methods. Prerequisites: MECO 6201 or MECO 6303 and STAT 5311 or OPRE 6301, or consent of the instructor. |
