53:390:506Business Finance (3) The business environment, determinants of interest rates, the time value of money, amortization schedules, risk and return analysis, bond and stock valuation, the cost of capital, capital budgeting techniques, financial and operating leverages. Prerequisites: 53:135:500, 502. |
53:390:513Financial Management and Policy (3) Advanced issues in capital budgeting-replacement policy, optimal investment horizon, and budgeting under taxes and inflation; financial leverage, firm valuation, and the cost of capital; earnings distribution policy, corporate acquisitions. Prerequisites: 53:010:502, 53:390:506, and at least concurrent enrollment in 53:390:540. |
53:390:514Multinational Financial Management (3) Financial management for the multinational firm-measuring and managing foreign exchange exposure, current asset management, multinational capital budgeting, financing of international projects, financing of trade, political risk management, taxation, and international transfer pricing. Prerequisite: 53:390:506. |
53:390:521,522Directed Study in Finance (BA,BA) Directed study supervised by an individual faculty member and approved by the director of the M.B.A. program. Prerequisite: 53:390:506. |
53:390:540Investments and Portfolio Management (3) The investment setting, 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, evaluation of portfolio performance. Prerequisite: 53:390:506. |
53:390:550Financial Markets and Institutions (3) Financial institutions and their markets; government regulation; term structure of interest rates; monetary policy; innovation in financial markets-futures, options, swaps, and securitization; management of credit risk; interest rate risk and foreign exchange risk; international banking. Prerequisite: 53:390:506. |
53:390:552Global Financial Markets (3) International monetary system, measurement of international trade and investment, global banking, Eurocurrency markets, global securities markets, foreign exchange markets, emerging capital markets, and global portfolio management. Prerequisite: 53:390:506. |
53:390:560Futures and Options (3) Futures and options markets for financial and real assets; institutional setting and trading; analysis and valuation of futures, options, and other derivative securities; and hedging and simulation techniques for portfolio rebalancing. Prerequisite: 53:390:506 and at least concurrent enrollment in 53:390:540. |
53:390:570Statistical Financial Analysis (3) Model building and analysis of financial data using statistical techniques and computer software such as SAS or SPSS. Topics include models for predicting business failures, mergers and acquisitions, evaluating consumer and business loans, estimation of portfolio inputs, evaluation of portfolio performance, sales and earnings forecasting, and time-series analysis of financial data. Prerequisites: 53:010:502, 53:390:506. |
53:390:670Special Topics in Finance (3) Topics vary from term to term. Consult the director of the M.B.A. program for specific content each term. Students may enroll in more than one special topics course. Prerequisite: 53:390:506. |
