Courses
The following are undergraduate and graduate courses in finance offered through the Department of Economics, Finance and Legal Studies
Undergraduate Courses
- FI 301 Introduction to Financial Institutions and Markets
- FI 302 Business Finance
- FI 331 Principles of Real Estate
- FI 334 Introduction to Real Estate Property Management
- FI 341 Personal Insurance Planning
- FI 389 Computerized Management Information Systems (also EC 389)
- FI 400 Financial Institutions, Markets, and Investment
- FI 410 Intermediate Financial Management
- FI 411 Corporate Financial Policy
- FI 412 Money and Capital Markets
- FI 414 Investments
- FI 415 Advanced Investment Topics and Portfolio Management
- FI 416 Monetary Theory and Policy (also EC 416)
- FI 419 Financial Engineering
- FI 421 Bank Administration
- FI 423 Public Finance (also EC 423)
- FI 431 International Finance (also EC 431)
- FI 432 Real Estate Appraisal
- FI 436 Real Estate Finance
- FI 441 International Financial Management (also EC 441)
- FI 442 Business Risk Management
- FI 443 Property and Liability Insurance
- FI 444 Life and Health Insurance
- FI 452 Economics of Regulated Industries (also EC 452)
Graduate Courses
- FI 504 (M.B.A) Foundations of Financial Management.
- FI 505 Corporate Valuation.
- FI 506 Mergers and Acquisitions.
- FI 510 Financial Management.
- FI 512 Money and Capital Markets.
- FI 514 Investments.
- FI 515 Quantitative Investment Analysis.
- FI 516 Monetary Theory and Policy (same as EC 516).
- FI 519 Financial Engineering.
- FI 520 Advanced Financial Engineering.
- FI 522 Bank Administration.
- FI 524 (M.B.A.) Financial Markets and Institutions.
- FI 531 International Finance (same as EC 531).
- FI 534 Seminar in Real Estate.
- FI 535 Seminar in Real Estate Investment.
- FI 591 Independent Study.
- FI 597 Special Topics in Finance.
- FI 598 Research.
- FI 599 Thesis Research.
- FI 600 Research Methods for Finance.
- FI 601 Advanced Finance Theory I.
- FI 602 Advanced Finance Theory II.
- FI 610 Seminar in Financial Management.
- FI 614 Seminar in Investments.
- FI 616 Seminar in Monetary Economics (same as EC 616).
- FI 620 Market Microstructure Theory.
- FI 622 Seminar in Public Finance (same as EC 622).
- FI 624 Seminar in Financial Markets.
- FI 631 Seminar in International Finance (same as EC 631).
- FI 633 Principles of Land Utilization.
- FI 634 Land Utilization Policy.
- FI 640 Theory of Risk and Insurance (same as EC 640).
- FI 641 The Social and Economic Functions of Insurance Enterprises.
- FI 649 Seminar on Insurance and Its Environment.
FI 301 Introduction to Financial Institutions and Markets.
Overview of the financial systems in which business operates, with emphasis on financial institutions, instruments, and markets.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Moffett |
 |
Spring 2008 |
002 |
Moffett |
|
FI 302 Business Finance.
Study of financial objectives of business enterprise, sources of capital, and financial management of business assets. Emphasis is on establishing a framework for making financing, investing, and dividend decisions.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Downs |
|
Spring 2008 |
901 |
Downs |
|
Spring 2008 |
990 |
Downs |
|
FI 331 Principles of Real Estate.
Survey of various aspects of real estate business and economics, including marketing, finance, development, law, appraising, etc.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Evans |
|
Spring 2008 |
002 |
Evans |
|
FI 334 Introduction to Real Estate Property Management.
Provides an introduction to the principles of real property management and covers all aspects of the property management process. Students are shown how to maximize the asset value of income-producing real estate for investors/owners through the use of finance, marketing, and management techniques.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
990 |
Glaze |
|
FI 341 Personal Insurance Planning.
Introductory study of life insurance and "personal lines" of property insurance, especially homeowners' insurance and auto insurance. Economic environment of insurance and how to read and evaluate insurance contracts. Examines different types of life insurance contracts as well as savings and investment alternatives and their uses in estate planning.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Rabel |
|
Spring 2008 |
002 |
Rabel |
|
FI 389 Computerized Management Information Systems (also EC 389).
Introduction to the components of computerized management information systems and applications of computer-based systems to business decisions. Students may not receive credit for FI 389 and EC 389.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Helms/Kim |
|
Spring 2008 |
002 |
Helms/Kim |
|
Spring 2008 |
003 |
Helms/Kim |
|
Spring 2008 |
004 |
Helms/Kim |
|
FI 400 Financial Institutions, Markets, and Investment.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
901 |
McLeod |
|
FI 410 Intermediate Financial Management.
Development of advanced practices of financial management and their application to decision making in the business firm.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Cooper |
|
Spring 2008 |
002 |
Cooper |
|
FI 411 Corporate Financial Policy.
An integrative course designed to give the student experience in problem solving in finance. Cases will be used to permit students to apply what they know to specific business problems. Writing proficiency is required for a passing grade in this course.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Carroll |
|
FI 412 Money and Capital Markets.
An overall view of the financing process and the role of financial markets. Areas covered are characteristics of instruments traded in money and capital markets; determinants of and the relationships between different asset prices; and international aspects of financial markets.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
An |
|
Spring 2008 |
002 |
An |
|
FI 414 Investments.
Study of the various investment media together with analysis models of investment management. Emphasis is on investment decision making and portfolio analysis.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Agrawal |
|
Spring 2008 |
002 |
Agrawal |
|
FI 415 Advanced Investment Topics and Portfolio Management.
Advanced models for investment management are developed and their application in decision making is discussed. Emphasis is on the use of models for portfolio selection.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Bray |
|
FI 416 Monetary Theory and Policy (also EC 416).
Analysis of the role of money in the economy and the conduct of monetary policy. Emphasis is given to the money supply process, the demand for money, and the choice of monetary-policy strategies and procedures.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Reed |
|
FI 419 Financial Engineering.
Addresses managing financial risks such as adverse stock price movements, adverse interest rate changes, and adverse commodity price changes, with specific attention given to employing futures, options, and swap contracts.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Brooks |
|
FI 421 Bank Administration.
Survey of analytical methods in banking, including study of the powers of various government agencies. Emphasis is placed on managerial aspects of commercial banking.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Gup |
|
FI 423 Public Finance (also EC 423).
Study of principles of taxation, government expenditures, borrowing, and fiscal administration.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Hoover |
|
FI 431 International Finance (also EC 431).
Introduction to the field of international finance. Course deals primarily with international financial markets and the macroeconomics of international financial flows. Topics include foreign exchange and international securities markets and international banking.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Liu |
|
FI 432 Real Estate Appraisal.
Study of the sources of real estate value and techniques for estimating property value; study of effective use of appraisal information.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
990 |
Maloy |
|
FI 436 Real Estate Finance.
Study of the institutions of real estate finance and of factors affecting the flow of funds; investment analysis and procedures involved in real estate financing.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Zumpano |
|
FI 441 International Financial Management (also EC 441).
Study of the application of principles of financial management in an international setting, primarily from the perspective of nonfinancial, multinational firms.
FI 442 Business Risk Management.
Analysis of risks facing business and governmental entities. Various methods of both controlling the risks and financing the risks, including both insurance and non-insurance alternatives. Writing proficiency is required for a passing grade in this course.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Rabel |
FI 443 Property and Liability Insurance.
Current financial, legal, and social problems concerning the property-liability insurance industry. Role of government in providing insurance and topics in the management of property-liability insurance companies and agencies.
FI 444 Life and Health Insurance.
Detailed analysis of life insurance and health insurance with emphasis on their role in employee-benefit planning. Specific provisions of qualified retirement plans. Current problems facing the life insurance industry and analysis of the distribution system for life and health insurance. Topics in management of life and health insurance companies and agencies.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Rabel |
|
FI 452 Economics of Regulated Industries (also EC 452).
Examination of form and impact of regulation on American industries. Encompasses both traditional public utility regulation and newer social regulation (e.g. environmental regulation, health and safety regulation).
FI 504 (M.B.A) Foundations of Financial Management.
Three hours.
Corporate financial planning and decision making; working capital management, capital budgeting, financing, risk- return analysis, valuation, and dividend policy.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
McLeod |
|
Spring 2008 |
002 |
McLeod |
|
FI 505 Corporate Valuation.
Three hours.
Prerequisite: FI 504 (M.B.A.) or equivalent.
A case study course designed to give the student an opportunity to apply financial theory to specific business problems.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Gup |
|
FI 506 Mergers and Acquisitions.
Three hours.
Prerequisite: FI 504, FI 510, or equivalent.
An examination of corporate acquisitions, including firm valuation, bidding contests, and defense managers, as well as the corporate tax and legal environment.
FI 510 Financial Management.
Three hours.
Prerequisite: FI 504, FI 510, or equivalent.
A course concerned with the management of corporate capital. Emphasis is on analysis of problems.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Carroll |
|
FI 512 Money and Capital Markets.
Three hours.
A detailed analysis of the role of money and capital markets in the financial process and of the influence outside forces have on these markets.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Cook |
|
FI 514 Investments.
Three hours
Prerequisites: FI 301 and FI 302 or equivalents.
An overview of the investment decision process. Areas covered are financial statement analysis, risk measures, stock-price valuation models, and portfolio management.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Agrawal |
|
Spring 2008 |
002 |
Agrawal |
|
FI 515 Quantitative Investment Analysis.
Three hours.
Prerequisite: FI 514 or permission of the graduate adviser.
Acquaints the student with the quantitative approach used in modern portfolio theory and investment analysis.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Ligon |
|
FI 516 Monetary Theory and Policy (same as EC 516).
Three hours.
Theoretical and empirical analysis of the money supply process, the demand for money, the impact of money on the economy, and the implementation of monetary policy.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Reed |
|
FI 519 Financial Engineering.
Three hours.
Prerequisite: FI 514 or equivalent.
A study of options and futures markets, with emphasis on the nature of speculative transactions, pricing, and method of trading.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Brooks |
|
FI 520 Advanced Financial Engineering.
Three hours.
Prerequisite: FI 519
Advanced methodologies of valuing and managing structured notes and mortgage-backed securities and introduced including lattice approaches, simulation and option adjusted spreads. The C++ object-oriented framework is introduced.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Brooks |
|
FI 522 Bank Administration.
Three hours.
Prerequisites: FI 301 and FI 302.
A case course examining various aspects of managing a commercial bank in a dynamic environment.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Gup |
|
FI 524 (M.B.A.) Financial Markets and Institutions.
Three hours.
An analysis of the role of financial markets (especially equity markets) and financial institutions in the economy.
FI 531 International Finance (same as EC 531).
Three hours.
Prerequisite: EC 430 or equivalent.
An examination of the foreign exchange market, exchange rate determination, international financial institutions, and the management of the risks associated with international business.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Liu |
|
FI 534 Seminar in Real Estate.
Three hours.
Prerequisite: Graduate standing.
A survey of the major topics and issues in real estate, including real estate investment, alternative financing arrangements, law and agency theory, appraisal, market analysis, taxation, and brokerage.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Zumpano |
|
FI 535 Seminar in Real Estate Investment.
Three hours.
Prerequisite: FI 534 or equivalent.
A study of the concepts and principles of real property valuation and the analysis of real estate investments.
FI 591 Independent Study.
Variable credit.
FI 597 Special Topics in Finance.
Variable credit.
FI 598 Research.
Variable credit.
FI 599 Thesis Research.
Three hours.
FI 600 Research Methods for Finance.
Three hours.
Prerequisite: FI 470 or EC 471.
Emphasis on the different approaches and techniques used by financial researchers. Hands-on experience with data analysis is required.
FI 601 Advanced Finance Theory I.
Three hours.
Prerequisite: FI 510.
Advanced practices of financial management and their application to decision making in the business firm.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Schlesinger |
|
FI 602 Advanced Finance Theory II.
Three hours.
Prerequisite: FI 511.
An extension of the content of previous courses to summarize modern developments in financial theory.
FI 610 Seminar in Financial Management.
Three hours.
Advanced management theory and techniques in the finance area. Emphasis is on current publications in the academic finance literature.
Semester |
Section |
Instructor |
Syllabus |
Spring 2008 |
001 |
Agrawal |
|
FI 614 Seminar in Investments.
Three hours.
Provides an understanding of theoretical and functional aspects of professional investment management theory.
Semester |
Section |
Instructor |
Syllabus |
Fall 2007 |
001 |
Cook |
|
FI 616 Seminar in Monetary Economics (same as EC 616).
Three hours.
Prerequisite: FI 516 or equivalent.
Selected topics in contemporary monetary theory, with emphasis on determination of the value of money and the effectiveness of monetary policies.
FI 620 Market Microstructure Theory.
Three hours.
Prerequisite: EC 610 or permission of the instructor.
This course provides exposure to the major theoretical models that examine how the structure of markets affects price formation, information transmission, and operational efficiency.
FI 622 Seminar in Public Finance (same as EC 622).
Three hours.
Prerequisite: EC 581 or equivalent.
A seminar on recent developments in public economics, with emphasis on the theory of taxation including tax incentives and tax incidence.
FI 624 Seminar in Financial Markets.
Three hours.
This seminar provides for a deep understanding of the monetary and financial system required of finance specialists in corporate finance, banking, and investments.
FI 631 Seminar in International Finance (same as EC 631).
Three hours.
Prerequisite: FI 531 or equivalent.
A survey of the most important professional literature dealing with international financial management.
FI 633 Principles of Land Utilization.
Three hours.
A study of factors affecting land use, land use patterns, and the development and measurement of land values, and of problems related to the optimization of land values and the maintenance of the highest and best use of land.
FI 634 Land Utilization Policy.
Three hours.
A study of the impact on the use of land and the control of the use of land of private investment activity and public activities, including monetary management, fiscal policy, federal aid to highways, FHA, VA, urban renewal, and public housing programs.
FI 640 Theory of Risk and Insurance (same as EC 640).
Three hours.
Prerequisite: Graduate standing.
The foundation of insurance in risk theory and its problems and practices.
FI 641 The Social and Economic Functions of Insurance Enterprises.
Three hours.
Prerequisite: Graduate Standing.
The functions performed within insurance and insurance-related institutions and the response of management to the changing needs of society.
FI 649 Seminar on Insurance and Its Environment.
Three hours.
The institution of insurance is viewed as one of many approaches to achieve environmental security.
*The Department of Economics, Finance and Legal Studies also offers courses of independent study, selected topics in finance, internships, and research in finance for students who would like to specialize or conduct advanced research in a particular field.