115. PERSONAL INVESTING (3). Overview of fundamental concepts of personal investing. Topics include types of investment securities, debt management, retirement and estate planning, insurance planning, overview of the Social Security system, societal implications of investment, and related topics.
126. INSURANCE PRINCIPLES (3). Survey of financial programs providing income to offset the perils of retirement, disability, disease, premature death, and unemployment. Life and health insurance as a major social institution, with private and governmental sectors. Emphasis on diverse viewpoints of insurance providers, regulators, and consumers.
128. REAL ESTATE PRINCIPLES (3). Real estate ownership and interests, contracts, title transfer, deeds, mortgage instruments, and leases. Brokerage, real estate development, property management, and appraising.
320. PRINCIPLES OF FINANCE (3). Principles underlying managerial decisions influenced by capital structure and type of ownership; problems related to sources of financing; the tools of financial analysis and financial management; integration of economic theory and accounting. Not open to College of Business majors. PRQ: Junior standing and ACCY 206 or ACCY 288, and UBUS 223 or STAT 208 or STAT 301 or STAT 350.
330. CORPORATE FINANCE (3). Analysis of financial decisions involving investment in capital assets and the selection of internal and external sources of long-term funds. Cases and problems used to illustrate the decision-making process. Topics include capital budgeting techniques, risk analysis, debt and equity financing, dividend policies, mergers and acquisitions. PRQ: FINA 320 or UBUS 310 with a grade of at least C; ACCY 306.
340. INVESTMENTS (3). Emphasis on risks, returns, and the investment process; alternative investment instruments; investment environments; introduction to analysis and valuation techniques; and introduction to portfolio management. PRQ: FINA 320 or UBUS 310 with a grade of at least C; ACCY 306.
350. FINANCIAL MARKETS AND INSTITUTIONS (3). Study of the types and functions of financial institutions and the operation of financial markets. Organization and operation of deposit accepting and other financial intermediaries. Role of government regulatory agencies such as the Federal Reserve, the FDIC, and others. PRQ: FINA 320 or UBUS 310 with a grade of at least C; ACCY 306.
395. CAREER PLANNING IN FINANCE (1). Efficient job search techniques to help identify appropriate career opportunities. Preparation of resume, cover letters, business etiquette, business ethics, and mock interviews. PRQ: UBUS 310 with a grade of at least C; ACCY 306; and admission into the major.
430. TREASURY AND CREDIT MANAGEMENT (3). Application of major issues in working capital and short-term financing management. Integration of financial concepts and financial models through electronic spreadsheets and other relevant technology to provide expertise in the area of shortterm financial management while enhancing the student's analytical skills. Topics include cash budgeting, pro forma statements, and other techniques of analyzing current assets and liabilities. PRQ: Satisfactory completion of the finance core1and ACCY 306.
440. SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT (3). Analysis of quantitative and qualitative factors leading to valuation of equity and fixed-income securities. Application of alternative valuation techniques and theories. Fundamental and technical approaches as well as contemporary developments. PRQ: Satisfactory completion of the finance core1and ACCY 306.
445. SECURITY ANALYSIS PRACTICUM (1). Practical experience in investment management combined with traditional academic objectives as a member of a portfolio management team responsible for the investment management of endowed funds. Student acts as industry and security analyst, making investment recommendations to the portfolio management team. May be repeated to a maximum of 2 semester hours. PRQ: Satisfactory completion of the finance core1, ACCY 306, and consent of department.
446. PORTFOLIO MANAGEMENT PRACTICUM (1). Practical experience in investment management combined with traditional academic objectives as a member of a portfolio management team that is responsible for the investment management of endowed funds. Student acts as portfolio manager, using input from security analysts to make investment decisions as part of the portfolio management team. May be repeated to a maximum of 2 semester hours. PRQ: FINA 440 and FINA 445 with a grade of at least C, and consent of department.
450. COMMERCIAL BANK MANAGEMENT (3). An extension of FINA 350. Emphasis on the problems of formulating appropriate lending and investment policies. Relationships of the composition and movement of bank deposits to investment and loan policies stressed. Commercial banking problems covered primarily from the standpoint of the management of an individual commercial bank. PRQ: Satisfactory completion of the finance core1 and ACCY 306.
455. ANALYSIS OF DERIVATIVE SECURITIES (3). Risk allocation function of options and futures markets studied from the perspective of market users. Hedging strategies and equilibrium pricing models. Roles of government regulation and international developments. PRQ: Satisfactory completion of the finance core,1 and ACCY 306.
458. INTERNSHIP IN FINANCE (3). Full-time work for a summer or a semester as an intern in a commercial bank, other financial institution or business firm, or government agency under the supervision of a coordinator from the Department of Finance. May be repeated to a maximum of 6 semester hours. S/U grading. PRQ: Satisfactory completion of the finance core,1 ACCY 306, and consent of department.
460. ANALYSIS OF FIXED INCOME SECURITIES (3). Exploration on the fixed income securities markets, institutions and instruments. Analysis of risks and risk management of fixed income securities. Portfolio management of fixed income securities. PRQ: Satisfactory completion of the finance core1and ACCY 306.
465. INTERNAL REVIEW FOR FINANCIAL INSTITUTIONS (3). Introduction to the methodology of internal auditing for financial institutions. Topics include monitoring and verification of financial, operational, and control procedures. PRQ: Satisfactory completion of the finance core1and ACCY 306.
470. INTERNATIONAL FINANCE (3). An analytical approach with emphasis on foreign financial and marketing problems. Balance of payments position of the United States and the interrelationships among developing countries. Procedures of overseas business development and distribution. PRQ: Satisfactory completion of the finance core1 and ACCY 306.
475. FINANCIAL DATA ANALYSIS (3). Uses and limitations of financial data bases including CRSP, COMPUSTAT, DISCLOSURE, MorningStar, and various resources available through INTERNET and the World Wide Web. Application of contemporary statistical methodology in analyzing this data for decision making purposes. PRQ: Satisfactory completion of the finance core1 and ACCY 306.
485. FINANCIAL PROCESS AND POLICY (3). Integration and application of financial process in business decision making through case analysis and study of articles written or sponsored by senior financial managers. The role of financial process and policy in creating stakeholder value. PRQ: Satisfactory completion of the finance core1 and ACCY 306.
490. FINANCE RESEARCH SEMINAR (3). Analysis and discussion of financial topics and empirical research found in scholarly literature. PRQ: Satisfactory completion of the finance core,1 ACCY 306, and consent of department.
495. INDEPENDENT STUDY IN FINANCE (1-3). Studies conducted through readings or projects in specialized topics of finance. PRQ: Satisfactory completion of the finance core,1 ACCY 306, minimum cumulative NIU GPA of 3.10, and consent of department.
NOTE: 1 The finance core consists of FINA 330, FINA 340, FINA 350 and FINA 395.