This course provides the building blocks for understanding the role of finance in the domestic and international environments. Specifically, in a qualitative and quantitative manner, this course addresses the three interrelated fields of finance, namely: financial markets, investments, and business finance.

This course for non-majors covers financial decision-making from a personal standpoint. The course examines investments including stocks, bonds, housing purchases, and mutual funds with an emphasis on the elementary financial principles of risk and return. Other topics include life, health, and other insurance needs, and pension and estate planning.

Students may take up to two semesters of a department-approved internship. Students must be matriculated in the Dolan School of Business and have a GPA of 2.5 or higher.

This course surveys a variety of financial instruments, institutions, and markets from a global perspective and covers the relationship between financial intermediaries and central banks. Students review the use of traditional and new financial instruments in the context of the specific markets they serve.

This course offers a general view of the operation of security markets and the factors that influence security prices. Further, it includes basic analysis and valuation of stocks, bonds, options, and futures. The course also provides an introduction to the tools and techniques that can be used to measure performance, manage risk, and construct efficient portfolios.

This course examines the role of financial managers in the context of the firm. The course covers the theory and operationalization of the major financial decisions faced by financial managers. Major topics include optimal financial decision-making, capital budgeting, financing, and cash distribution decisions within the framework of firm value maximization.

Financial Technology commonly known as FinTech in the marketplace refers to technological innovation in the financial industry. FinTech entrepreneurs are attempting to change how the financial services are delivered to the users. The class will cover overview of FinTech industry and examine FinTech application in wealth management and payments as well as cryptocurrency including Bitcoin. It will cover FinTech background, ecosystem, evolutions, FinTech and financial institution and collaboration with Fintech entrepreneurs. The course will also cover how FinTech reshaped asset management and financial planning, cryptocurrency and blockchain and its regulation.

This course provides students with a broad understanding of sustainable investing, including three generalized categories of sustainable investing, namely ESG Investing, Socially Responsible Investing, and Impact Investing. Students will explore how and why investors and fund managers might employ/offer each of these three categories of sustainable investing. This exploration includes the financial and impact considerations for each category of sustainable investing. Students will also learn how incorporating environmental, social, and governance criteria can improve returns and/or reduce risk. Additional topics covered include shareholder activism, religious values investing, and stakeholder value. Students will learn about sustainable investing through both top down (investor lens) and bottom up (company lens) approaches. This course provides students with hands on experience researching, analyzing, and developing investment recommendations, which will serve to improve their business writing, analytical skills, and technical competency in sustainable investing.

Students may take up to two semesters of a department-approved internship. Students must be matriculated in the Dolan School of Business and have a GPA of 2.5 or higher.

This course deals with the international aspects of corporate finance. Topics include foreign exchange with emphasis on exchange rate determination, exchange rate risk management, international money and capital markets, international capital budgeting, cost of capital, and international trade financing.

This course provides an in depth analysis of fixed income securities and markets. The primary focus of the course is the analysis and valuation of fixed income securities. The course also provides an overview of fixed income markets and an introduction to fixed income portfolio management. Topics to be discussed include interest rate exposure (duration and convexity), credit risk analysis, hedging with swaps and futures, and the term and credit structure of interest rates.

In this course, students will be introduced to the forces at work that create a market for various types of financial securities. The emphasis of the course will be to understand the microstructure of financial markets and to investigate the risks and returns of various trading strategies. Students who complete the course satisfactorily will be able to design and execute trading strategies with a firm understanding of their potential outcomes.

This course deals with the principles and applications of modern portfolio theory from the point of view of both the institutional and the individual investor. More specifically, the course analyzes portfolio objectives, efficient portfolio construction, performance evaluation, and portfolio risk management using derivatives.

This course deals with options and futures on financial assets, as well as commodities. The course covers the basic uses of these instruments and the various pricing methodologies based on equilibrium conditions.

In this course, students will build financial models in a spreadsheet environment. Emphasis is placed on the use of financial models to conduct quantitative analysis and aid in decision making using advanced spreadsheet analytical tools and commands including simulation. The modeling assignments cover a wide range of topics in corporate finance and investment topics. The course requires group work and a final project.

This course provides an in depth analysis of real estate debt and equity markets. Both primary and secondary markets will be studied. The course will cover the following topics: analysis of real estate markets; valuation of residential and commercial real estate; investment and financing of residential and commercial real estate property; application of financial mathematics to the calculation of payment streams, outstanding loan balances, equity returns and other basic financial measurements; secondary mortgage market securitization and the market for residential and commercial mortgage backed securities; Real Estate Investment Trusts.

This course examines and applies the principles developed in financial management and investments in a domestic and international context with the objective of integrating finance practice and theory using case studies.

This course involves contemporary or specialized topics in finance. Seminars are open to finance majors only; prerequisites may vary.

This course offers students the opportunity for independent study in contemporary or specialized topics in finance. Independent studies are open to finance majors only and require senior standing and a GPA of 2.5 or higher.