Finance Courses

FN 210
Investing into the Twenty-First Century
The relationship between investments and “social good” is examined, with emphasis on how these contribute to financial planning and portfolio management. Areas covered include choosing between mutual funds and individual stocks and bonds, using insurance for estate planning, and engaging the services of professional investment advisors. The Wall Street Journal, Business Week, and Fortune are used extensively. Offered selectively.
Prerequisite: AC 205, EC 111, or permission. Group: II.

FN 310
Finance I
Finance I is an introductory course in finance that focuses on financial goals and plans by business enterprises. Topics include: the financial environment of businesses, financial analysis, capital budgeting under certainty and risk, optimal capital structure, and management of short-term and long-term assets and liabilities. Fall.
Prerequisite: EC 111 or 112 and AC 205.
Group: II.

FN 312
Finance II
A continuation of Finance I, students will learn how modern financial managers strive to achieve the goal of wealth maximization for the debt and equity holders of a corporation. Specifically, the use of financial instruments for managing risk and enhancing returns, i.e., mutual funds, futures contracts, options, derivatives, and the growing trend in mergers as a means to surviving competitiveness will be assessed. Other topics include cash and liquidity management, credit and inventory management, dividend policy, and leasing. Finally, the impact of government regulation or deregulation on our financial system will be covered. Offered selectively.
Prerequisite: FN 310. Group: II.

FN 315
Small Business Finance
This course focuses on the special place and role of small business in our economy. Emphasis will be on examining the financial planning and budgeting techniques for a small business. Sources of funding, and new and old types of investment opportunities will be explored. Also considered are government’s financial regulation and incentive mechanisms as applicable to these small enterprises. Students will be expected to do a semester-long project, applying the techniques of financial management to an actual small business. Offered selectively.
Prerequisite: AC 205. Group: II.

FN 320
International Finance
The globalization of markets has unleashed unprecedented opportunities and challenges for financial managers. This course is based on the recent exciting developments in these international financial markets. Students will learn how financial managers are competing for higher returns and lower risks in global markets. New financial instruments available to multinational corporations for maximizing their shareholders’ wealth will be examined. Recent developments in the evolution of the new international monetary system and the role of European integration and its currency, the euro, will be explored. Offered selectively.
Prerequisite: FN 310. Group: II.