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Finance
Career opportunities in finance follow along three basic
tracks: (1) Banking or Institutional Finance, (2) Investments, and (3) Corporate
Finance. The finance program at FMU is designed to give a finance major the
background needed for any of these tracks. Those interested in the banking or
institutional track, often apply with commercial banks, saving and loans, or
with a governmental agency. Those entering the banking field can pursue
commercial lending, bank services, personal banking and many other career
opportunities in the ever changing and competitive world of banking.
Investments is a dynamic field of study offering many career
paths itself. Careers in retail brokerage firms, financial planning,
institutional money management, regulatory agencies, are but a few of the many
challenging opportunities in the finance field.
The study of corporate finance will help provide entry into
the many manufacturing and service industries. From the financial management of
health care institutions to the capital budgeting functions of a manufacturing
concern, the study of corporate finance can help to provide a first successful
step in the corporate world.
A professional certification is always a good career move. The
requirements necessary for a degree in finance can help the student/graduate to
prepare for the exams leading to many professional certifications. Finance
majors are well suited for the demands of becoming Chartered Financial Analysts,
Certified Financial Planners, Certified Business Appraisers, Real Estate
Appraisers, Certified Cash Managers, and others.
Finance Courses
| Course |
Credit Hours
|
Prerequisite |
Description |
Normally Scheduled to be taught*
|
FIN
246
Investments and Personal Finance |
3 |
|
Investment alternatives available
to the individual. Insurance programs, real estate and securities.
Emphasis on the analysis of securities and the operation of the securities
market. |
F |
FIN 341
Financial Management |
3 |
ACCT 201,
202 |
The financial functions of
economic entities. Financial analysis, financial plan planning, current
assets management capital budgeting, obtaining funds from the capital
markets, and international finance. Computer applications. |
F,S,SU |
FIN 344
Real
Estate Finance |
3 |
FIN 341 or permission
of school |
Study of basic real estate
principles, including land economics and use; Property evaluation and
appraisal; and the legal, regulatory, and financial aspects of property
sales, ownership, and management |
S |
FIN
347
Investments 1 |
3 |
FIN 341, ECON
205 |
Topics include investments in the
media markets, and objectives. Quantitative methods, including
computerized techniques, are applied to risk-return, growth, and valuation
analysis. Modem Portfolio Theory is applied. Real stocks are used,
enabling students to invest in portfolios that meet their risk-return
requirements. |
F, SU |
FIN
348
Iinvestments II |
3 |
FIN 347 |
This course will provide the
student with the skills necessary to evaluate stocks, bonds, and
derivative securities and their impact on the investment portfolio. The
course will culminate in a group project that will include a forecast of
the overall economy, an industry forecast, and finally an evaluation of
the chosen firm. |
|
FIN 366
Principles
of Real Estate |
3 |
FIN 341 or permission
of instructor |
An introduction to the study of
real estate covering the aspects of owning and using real estate. The,
course examines the bundle of rights associated with real estate and the
transfer of those rights. It focuses on legal instruments, real estate
brokerage, financing methods and sources, and investment analysis. This
course is useful to individuals seeking to take the salesperson or broker
exam. |
|
FIN 442
Advanced
Corporate Finance |
3 |
FIN 341 |
Advanced financial problems
encountered by a firm in investments, in management of assets, in
obtaining of funds, and in special situations. |
F |
FIN 443
Financial
Institutions and Markets
|
3 |
FIN 341 |
The application of financial
management principles to depository and non depository financial
institutions is studied. Asset/liability management, risk management
strategies and techniques, financial markets, and financial instruments
are covered. Written case analyses will be required. |
S |
FIN 450
Cash
Management 1 |
3 |
FIN 341 |
This course considers the
short-term financial management of a firm. Financial analysis of past,
present and future obligations is emphasized. Cash flow analysis,
management of current accounts, the cost benefit analysisare
stressed. This course is designed to cover the first set of the
requirements of the Certified Cash
Management curriculum
|
|
FIN 451
Cash
Management II |
3 |
FIN 450 |
This course completes the
fundamental knowledge and skills required to be a cash manager in a modem
business. Current event readings and cases augment the 16 topical areas in
the Certified Cash Management Curriculum. Completion of this course allows
the student to participate in the Certified Cash Management Associate
Program |
|
FIN 497
Special
Studies |
1, 2, 3 |
Permission of School
Open only to juniors or seniors with a GPA of 3.0 or higher in their major
courses. |
All individual research projects
are reviewed by three faculty members from two different
disciplines |
As
Needed |
* F: Fall, S:Spring, SU:Summer. This is subject to change. Check with your advisor for current course offerings.
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