Department of Finance

Finance: FIN

Lower-Division Courses

Upper-Division Courses

FIN 320F. Foundations of Finance.

Restricted to non-McCombs School of Business majors. Principles of effective financial management, including planning, organization, and control; financial intermediaries; securities markets; evaluating alternative assets, debt, and capital structures. Three lecture hours a week for one semester. May not be counted toward the Bachelor of Business Administration degree. Prerequisite: Upper-division standing.

FIN 140S, 240S, 340S, 440S, 540S, 640S, 740S, 840S, 940S. Topics in Finance.

This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office. or the school's BBA Exchange Programs. Credit is recorded as assigned by the study abroad adviser in the Department of Finance. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. May be repeated for credit when the topics vary.

FIN 353. Internship in Finance.

Restricted to students in a business major. Focuses on students' career goals through academic discussion and evaluations, while placing students in professional internships with public and private enterprises. Internship and discussion hours to be arranged. Only one of the following may be counted toward the Bachelor of Business Administration: Accounting 353J, Business Administration 353, 353H, Finance 353, Management 353, Management Information Systems 353, Marketing 353, Operations Management 353. May not be counted toward the student's major requirement. Offered on the pass/fail basis only. Prerequisite: Completion of forty-five semester hours of college coursework and consent of the departmental internship coordinator.

FIN 354. Money, Banking, and Economic Conditions.

Restricted to students in a business major. The monetary system, financial markets, national income components, and their relationship to business activity. Three lecture hours a week for one semester. Only one of the following may be counted: Economics 322, Finance 354, 354H. Prerequisite: Accounting 311 or 311H; Economics 304K and 304L; and credit or registration for Business Administration 324 or 324H.

FIN 357. Business Finance.

Restricted to students in a business major. Principles of finance, with application to all aspects of the business firm; particular attention to cost of capital, investment decisions, management of assets, and procurement of funds. Three lecture hours a week for one semester. Finance 357 and 357H may not both be counted. Offered on the letter-grade basis only. Prerequisite: Statistics 309 or 309H, and credit or registration for the following: Accounting 312 or 312H, and Business Administration 324 or 324H.

FIN 357H. Business Finance: Honors.

Restricted to students admitted to the McCombs School of Business Honors Program. An investigation of the principles of finance, with application to all aspects of the business firm; particular attention to cost of capital, investment decisions, management of assets, and procurement of funds. Three lecture hours a week for one semester. Finance 357 and 357H may not both be counted. Offered on the letter-grade basis only. Prerequisite: Economics 304K and 304L, and credit or registration for Accounting 312 or 312H, Business Administration 324 or 324H, and Statistics 371H or 375H.

FIN 165P, 365P. Energy Finance Practicum.

Restricted to students accepted to the Helios Challenge. Students apply skills in the energy industry and focus on additional project management skills through group projects conducted in a professional setting. Students may work with a private or a public enterprise. For each semester hour of credit earned, the equivalent of one lecture hour a week for one semester. May not be used to satisfy the professional, business related internship or practicum course degree requirement for the Bachelor of Business Administration. Prerequisite: Consent of instructor.

FIN 366P. Finance Practicum.

Restricted to students accepted to the Financial Analyst Program. Students apply skills in their major area and focus on additional project management skills through group projects conducted in a professional setting. Students may work with a private or a public enterprise. The equivalent of three lecture hours a week for one semester. Prerequisite: Forty-five semester hours of college coursework and consent of instructor.

FIN 367. Investment Management.

Restricted to students in a business major. Investment theory, alternatives, and decision making under differing uncertainties and constraints; formulation of objectives and strategies; development of conceptual managerial perspectives and philosophies for investment environments. Three lecture hours a week for one semester. Finance 367 and 367Q may not both be counted. Prerequisite: Finance 357 or 357H; and credit or registration for Statistics 371G, 371H, 375, or 375H.

FIN 370. Integrative Finance.

Restricted to students in a business major. Integrates financial decision making in functional areas of finance; utilizes various concepts to promulgate strategies, policies, and procedures in managing funds to achieve objectives. Three lecture hours a week for one semester. Finance 370 and 370H may not both be counted. Prerequisite: Senior standing; Finance 367 or 367Q; credit or registration for one of the following: Accounting 353J, 366P, Business Administration 353, 353H, Finance 353, 366P, Management 353, 366P, 367P, Management Information Systems 353, 366P, Marketing 353, 366P, Operations Management 353, or 366P; and three additional semester hours of coursework in finance or real estate.

FIN 370H. Integrative Finance: Honors.

Restricted to students admitted to the McCombs School of Business Honors Program. Integrates financial decision making in functional areas of finance; utilizes various concepts to promulgate strategies, policies, and procedures in managing funds to achieve objectives. Three lecture hours a week for one semester. Finance 370 and 370H may not both be counted. Offered on the letter-grade basis only. Prerequisite: Senior standing; Finance 367 or 367Q; credit or registration for one of the following: Accounting 353J, 366P, Business Administration 353, 353H, Finance 353, 366P, Management 353, 366P, 367P, Management Information Systems 353, 366P, Marketing 353, 366P, Operations Management 353, or 366P; and three additional semester hours of coursework in finance or real estate.

FIN 371M. Money and Capital Markets.

Restricted to students in a business major. Development of modern financial markets, with emphasis on the factors that determine interest rates; institutional characteristics and pricing mechanisms of various interest-sensitive securities. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

FIN 372. Advanced Topics in Finance.

Restricted to business majors. Advanced topics in finance. Three lecture hours a week for one semester or as required by the topic. May be repeated for credit when the topics vary. Offered on the letter-grade basis only. Prerequisite: Credit or registration for Finance 357 or 357H; additional prerequisites vary with the topic.

Topic 1: Environmental, Social, and Governance Investing. A critical assessment of the actions of investors and corporations with regard to environmental, social, and governance policies, including the potential motivations and resulting consequences. Finance 372 (Topic: Environmental, Social, and Governance Investing) and 372 (Topic 1) may not both be counted. Offered on the letter-grade basis only.
Topic 2: Valuation of Energy Investment. Restricted to business majors. Explores the evaluation and financing of energy investments with a focus on upstream oil and gas projects. Emphasis on developing financial modeling skills, from detailed discounted cash flow models to advanced option pricing models, using various computational approaches. Three lecture hours a week for one semester. Finance 372 (Topic: Valuation of Energy Investment) and 372 (Topic 2) may not both be counted. Offered on the letter-grade basis only. Additional prerequisite: Finance 374C.
Topic 3: Financial Planning for Wealth Management. Introduction to basic concepts of personal wealth management and financial planning, including insurance and risk management, investment management, tax planning, estate planning and retirement planning. Designed for upper-level finance and accounting majors interested in a career in financial services or students pursuing master in professional accounting with interest in this area of the accounting profession. Only one of the following may be counted: Accounting 378 (Topic: Financial Planning for Wealth Management), 378 (Topic 3), 180K (Topic 24), 280K (Topic 24), 380K (Topic 24), Finance 372 (Topic 3), 377 (Topic: Financial Planning for Wealth Management). Offered on the letter-grade basis only. Additional prerequisite: Accounting 311 or 311H, and 312 or 312H, with a grade of at least C- in each; credit for Finance 357 or 357H; credit or registration for 367 is recommended.
Topic 10: Economic Principles of Managerial Decisions. Using game theory to make sound strategic decisions and gain a competitive advantage. Subjects include strategic pricing, contracting, market entry, and network competition. Finance 372 (Topic: Economic Principles of Managerial Decisions) and 372 (Topic 10) may not both be counted. Offered on the letter-grade basis only.

FIN 373. Research Topics in Finance.

Restricted to students in a business major. The equivalent of three lecture hours a week for one semester. May be repeated for credit when the topics vary. Prerequisite: Finance 357 or 357H, and consent of instructor.

Topic 1: Advanced Studies in International Finance. Students work in small research groups to write academic papers on topics in international finance and business. Designed to develop critical thinking skills, writing skills, sophisticated use of technology, and experience working across different cultures.

FIN 374C. Valuation.

Restricted to students in a business major. An in-depth study of theory and practice of corporate financial management in establishing major financial and investment policies; techniques for analysis, evaluation, and control. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

FIN 374S. Entrepreneurial Finance.

Restricted to students in a business major. Development, implementation, and control of financial plans, strategies, and policies by owner-managers of small and medium-sized firms; analysis of alternatives and decision making. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

FIN 375F. Banking and Financial Intermediation.

Restricted to students in a business major. Theory of financial intermediation, regulatory environment, interest rates, and asset/liability management with a focus on commercial banking; depository and contractual intermediation. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

FIN 376. International Finance.

Restricted to students in a business major. The international financial environment, with emphasis on the factors affecting exchange rates and how exchange rate changes affect the firm. Three lecture hours a week for one semester. Prerequisite: Finance 357 or 357H.

FIN 377. Advanced Investment Analysis.

Second course in investments, with emphasis on quantitative applications and the underlying theory in the analysis and management of securities and portfolios. Three lecture hours a week for one semester. May be repeated for credit when the topics vary. Prerequisite: Finance 357 or 357H; additional prerequisites vary with the topic.

Topic 1: Portfolio Analysis and Management. Restricted to students in a business major. Additional prerequisite: Finance 367 or 367Q.
Topic 2: Financial Risk Management. Restricted to students in a business major. Finance 377 (Topic 2) and 377 (Topic 5: Energy Financial Risk Management) may not both be counted. Additional prerequisite: Finance 367 or 367Q.
Topic 3: Security Analysis. Restricted to students accepted to the Financial Analyst Program. Finance 377 (Topic 3) and 377 (Topic 4: Financial Analysis) may not both be counted. Additional prerequisite: Credit or registration for Finance 367 or 367Q, and consent of instructor.
Topic 4: Financial Analysis. Restricted to students in a business major. Application of fundamental analysis and valuation techniques. Finance 377 (Topic 3: Security Analysis) and 377 (Topic 4) may not both be counted. Additional prerequisite: Credit or registration for Finance 367 or 367Q.
Topic 5: Energy Financial Risk Management. Restricted to students in a business major. Finance 377 (Topic 2: Financial Risk Management) and 377 (Topic 5) may not both be counted. Additional prerequisite: Finance 367 or 367Q.

FIN 377L. Portfolio Analysis and Management.

Restricted to students in a business major. An exploration of quantitative applications and the underlying theory in the analysis and management of securities and portfolios; designed for students with career goals in investment. Three lecture hours a week for one semester. Prerequisite: Finance 367 or 367Q.

FIN 179C, 379C. Independent Research in Finance.

Restricted to students in a business major. Conference course. Only two of the following may be counted toward the Bachelor of Business Administration: Accounting 179C, 379C, Business, Government, and Society 179, 379, Finance 179C, 379C, International Business 179C, 379C, Legal Environment of Business 179, 379, Management 179C, 379C, Management Information Systems 179, 379, Marketing 179C, 379C, Operations Management 179, 379, Real Estate 179C, 379C, Risk Management 179, 379. Prerequisite: Eighteen semester hours of coursework in business and economics, six of which must be upper-division; Finance 357 or 357H with a grade of at least C-; and consent of instructor. A student registering for this course must obtain written approval from the department chair's office, on forms provided for that purpose, before the first meeting of the course.

Real Estate: R E

Lower-Division Courses

Upper-Division Courses

R E 140S, 240S, 340S, 440S, 540S, 640S, 740S, 840S, 940S. Topics in Real Estate.

This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office or the school's BBA Exchange Programs. Credit is recorded as assigned by the study abroad adviser in the Department of Finance. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. May be repeated for credit when the topics vary.

R E 358. Introduction to Real Estate and Urban Land Development.

Same as Urban Studies 351 (Topic 5). Restricted to students in a business major or students in Undergraduate Real Estate Certificate Program. An examination of the principles of real estate and urban land economics. Subjects include investment, valuation, financing, and public policy in real estate and mortgage markets. Three lecture hours a week for one semester. Only one of the following may be counted: Real Estate 358, Urban Studies 351 (Topic: Introduction to Real Estate and Urban Land Development), 351 (Topic 5). Prerequisite: Credit or registration for Finance 320F or 357 or 357H.

R E 360. Special Topics in Real Estate.

Restricted to students in a business major. Three lecture hours a week for one semester. May be repeated for credit when the topics vary. Prerequisite: Real Estate 358.

R E 376G. Real Estate Investment.

Study of the setting and measurement of property values in real estate markets and an analysis of real estate assets as investments. Three lecture hours a week for one semester. Prerequisite: Real Estate 358.

R E 378K. Real Estate Finance and Syndication.

An examination of debt and equity financing of residential and commercial properties; mortgage markets and instruments; lender and investor decisions in real estate financing. Three lecture hours a week for one semester. Prerequisite: Finance 367 or Real Estate 358.