Finance
The number of credit hours given to a course is indicated in parentheses following the course title.
The abbreviation "P" refers to course prerequisites; the abbreviation "C" refers to course co-requisites.
- BUS-F 151 Personal Finances of the College Student (1 cr.) Introduction to the basic planning tools and concepts for college-age financial literacy. Emphasis on financial decisions and challenges facing a typical college student. Topics include, careers, goal setting, budgeting, tax planning and credit, including options for financing higher education. Foundation of the Financial Literacy Curriculum.
- BUS-F 152 Basic Financial Planning and Investment (1 cr.) P: BUS-F 151. Introduction to the basic planning tools and concepts for financial literacy into adulthood and retirement. Emphasis on analyzing, selecting and managing investments over a lifetime. Topics include, time value of money, financial statements, retirement objectives, and investing in various financial assets. Part of the Financial Literacy Curriculum.
- BUS-F 200 Foundations of Financial Management (Non-majors) (3 cr.) P: Sophomore standing. This course is designed to introduce the student to the basic decision models of financial management and to prepare the student to take an active role in financial decision making in the workplace. Offered to students in the Business Certificate; credit not given for students pursing a business degree.
- BUS-F 251 Managing Personal and Financial Risk (1 cr.) P: BUS-F 151. Introduction to the basic planning tools and concepts for effective risk management. Emphasis on determining, analyzing and managing lifestyle and career factors contributing to financial risk. Exploration of uses, suitability and advantages of various insurance products for major risks. Part of the Financial Literacy Curriculum.
- BUS-F 260 Personal Finance (3 cr.) P: Sophomore standing. Financial problems encountered in managing individual affairs, family budgeting, installment buying, insurance, home ownership, and investing in securities. No credit for Kelley School of Business students when taken concurrently with or after the Integrative Core.
- BUS-F 300 Introduction to Financial Management (3 cr.) P: BUS-A 200, MATH 110 or higher-level math course. Offered to students for a minor in business. An extensive course dealing with a wide range of topics: the determinants of interest rates and the time value of money; the sources and uses of financial information; the structure, role, and regulation of the financial markets; monetary policy; the pricing of risk in the financial markets; the goals of investors; and how firms manage their financial affairs, including planning, budgeting, and decision making. The treatment of these topics will be both descriptive and analytical; there is a large vocabulary to be learned and a number of concepts and problems to be mastered. In addition, we will put this body of knowledge in the context of the current business and financial environment, both domestic and international.
- BUS-F 303 Intermediate Investments (3 cr.) P: ICORE (with C or higher in each course); P: or C: BUS-F 305 and BUS-A 310 (or BUS-A 311). Kelley admit of junior or senior standing. Students majoring in both Accounting and Finance should take BUS-A 311 instead of BUS-A 310. Part of the finance core. Provides a rigorous treatment of the core concepts of investments for finance majors. Covers equity securities, fixed income securities, derivative securities, and international investments. Makes extensive use of spreadsheet modeling to implement financial models. Serves as a foundation for all 400-level finance electives.
- BUS-F 305 Intermediate Finance (3 cr.) P: ICORE (with C or higher in each course). Kelley admit of junior or senior standing. Provides a rigorous treatment of the fundamental concepts of corporate finance for finance majors. Covers capital budgeting, the valuation of firms, and capital structure and payout policies. Serves as a foundation for all 400-level finance electives.
- BUS-F 371 Finance: Integrated Experience (3 cr.) P: Kelley admit, Junior standing, Option 2 courses with C's or higher. C: BUS-M 371, BUS-P 371, BUS-Z 371. The finance component provides an introduction into basic principles and perspectives of financial thought. Covered topics include the time value of money, risk and return, interest rates and debt risk, capital budgeting, cost of capital, security pricing, and basic investment concepts.
- BUS-F 374 Honors Finance: Integrated Experience (3 cr.) P: Kelley admit, Junior standing, Option 2 courses with C's or higher. Kelley Honors Student. C: BUS-M 371, BUS-P 371, BUS-Z 371. The finance component provides an introduction into basic principles and perspectives of financial thought. Covered topics include the time value of money, risk and return, interest rates and debt risk, capital budgeting, cost of capital, security pricing, and basic investment concepts.
- BUS-F 402 Corporate Financial Strategy and Governance (3 cr.) P: P: ICORE (with C or higher in each course); Kelley admit. Kelley admit of senior standing. Advanced treatment of corporate financial management. Covers all major areas of corporate financial decisions: capital budgeting, dividends, capital structure, cash-flow projections, mergers, and acquisitions. Makes extensive use of spreadsheet modeling.
- BUS-F 420 Equity and Fixed Income Investments (3 cr.) P: P: I-Core (with C or higher in each course); BUS-F 303. Kelley admit Kelley admit of senior standing. A detailed examination of the management of equity and fixed income investments. The analysis of individual securities, the formation of these securities into portfolios, and the use of derivative securities to modify the return/risk profiles of more traditional stock and bond portfolios will be discussed.
- BUS-F 446 Bank and Financial Intermediation (3 cr.) P: P: I-Core (with C or higher in each course); Kelley admit. Kelley admit of senior standing. The main topics are: (1) the economic role of financial intermediaries, with an emphasis on commercial banks; (2) the evolution of markets in which banks and other financial intermediaries operate; and (3) the regulation of commercial banks and other financial institutions.
- BUS-F 490 Independent Study in Finance (1-3 cr.) P: I-CORE (with C or higher in each course) and consent of undergraduate program chairperson and instructor. Kelley admit. Supervised individual study and research in student's special field of interest. The student will propose the investigation desired and, in conjunction with the instructor, develop the scope of work to be completed. Written report required.
- BUS-F 494 International Finance (3 cr.) P: P: I-CORE (with C or higher in each course). Kelley admit. Kelley admit of senior standing. A study of the international financial markets in which firms operate and of financial management in an international environment. Topics include exchange rates, international arbitrage, exchange rate risk management, international financing and diversification, and multinational capital budgeting.
- BUS-F 455 Topics in Finance: Commercial Real Estate Workshop (1.5 cr.) Application required
This case-based course provides hands-on experience with real-life real estate problems presented by real estate professionals. The course is 8 weeks/1.5 credits in the fall and spring semesters, for a total of 3 credits.
As of Fall 2022, course changed to BUS-R 428
- BUSN-F 523 Financial Management (3 cr.) Application of financial principles to business decisions in a globally-oriented environment. Covers the global financial system and techniques of valuation and financial analysis. Key business decisions of investment and financing serve as the integrating focus for the course.
- BUSN-F 590 Independent Study in Finance (Arr. cr.) For advanced MBA students engaged in special study projects. Course admission and project supervision is arranged through student's faculty advisor.
- BUSN-F 542 International Financial Management (3.0 cr.) This course gives students a greater understanding of the international environment in which firms and individuals operate. This includes an overview of important international financial linkages, the structure of foreign exchange markets, and international arbitrage. We examine how firms identify and manage the foreign exchange risks of doing business internationally.
- BUSN-F 543 Derivative Securities and Risk Management (3.0 cr.) An introduction to derivative securities and risk management applications. The first part of the course develops an understanding of the basic types of derivatives (futures, forwards, swaps, and options) and the factors that determine the price of these securities. The second part focuses on tools to solve risk management problems.
- BUSN-F 544 Financial Strategy and Corporate Restructuringg (3.0 cr.) The objective of this course is to facilitate understanding of corporate strategies in merger and acquisition activity, restructuring activities, and corporate governance. This includes exploring the theory and evidence regarding; the motives for these transactions, the sources of value-added, and managerial incentives to engage in or resist these activities.
- BUSN-F 552 Raising Capital and Entrepreneurial Finance (3.0 cr.) The analysis process for evaluating smaller, high potential investment opportunities where the investor plans to take an active role. Stresses the tools and concepts needed to evaluate the market, the technology, the management teams, and internal operations, resulting in a valuation and offer.
- BUSN-F 553 Asset Pricing and Financing the Firm (3.0 cr.) The course covers traditional and behavioral asset pricing theories to develop a more complete understanding of the firm's cost of capital. We then examine the implications for the firm's financing decisions, including Capital Structure, Bankruptcy, Convertible Securities, Project Finance, Lease versus Purchase Analysis, and initial public offerings (IPOs).
- BUSN-F 555 Fixed Income and Equity Evaluation (3.0 cr.) The course provides an overview of the issues facing fixed-income and equity asset investment managers, including an introduction of the tools of fixed-income and equity asset valuation. The format includes discussion forums, notes, CFA Institute Investment Series textbooks for both fixed-income and equity assets, example problems, assigned projects and exams.
- BUSN-F 560 Current Topics in Finance (Arr. cr.) Offered on a periodic basis to cover current topics of interest to second-year finance majors and minors. Topics will vary depending on student and faculty interest and the recent trends in financial research and practice.
- BUSN-F 579 Experimental Course in Finance (Arr. cr.) This course focuses upon a new topic in Finance relevant to management decision making and appraisal of the external environment faced by organizations. Learning occurs through lecture, case discussion, problem solving, group projects, or completion of exercises that further the knowledge and skills of MBA students enrolled in the course.