» Please see the Schedule of Classes for the current semester’s offerings.
FIN 1001 Principles of FinanceIntroductory survey of the fundamentals of financial management, financial analysis, and the securities markets. Provides a general understanding of financial institutions, terms and rights of stockholders and bondholders, and the corporate financial structure. Covers sources and uses of capital, debt versus equity, present value techniques, valuation, capital asset pricing, risk, return and uncertainty. Prerequisite or corequisite: ACC 1001.
FIN 1408 Corporate FinanceIntroduction to the principles and techniques of corporate financial management; including financial analysis, pro forma financial statement forecasting, firm value optimization and valuation models, capital structure, stock price valuation, bond pricing and returns, compounding and discounting, cash budgeting, working capital, risk and return, capital budgeting techniques, long-and short-term financing decisions, leverage, dividend policy, the cost of capital. Problems and applications will be utilizing commercially available computer software. Prerequisite: FIN 1001. Prerequisite or corequisite: ACC 1002.
FIN 2409 Advanced Corporate Finance (Capstone)
Focuses on the corporate finance function and decision-making process. Examines advanced and specialized topics in finance. Evaluation of capital expenditure proposals, risk/return, diversification, capital structure, investment and financing decisions, capital markets, cash and credit management, mergers, acquisitions, LBOs, and global financial strategies. Lectures and assignments may utilize case presentations and independent research and writing. Prerequisite: FIN 1408. Prerequisite or corequisite: STB 1456.
FIN 2505 Investment Analysis
Features and characteristics of available investment opportunities; fundamental principles for choosing sound investment vehicles to meet investor risk/return objectives. Stocks, bonds, warrants, convertibles, preferreds, municipal bonds, governments, options, and futures are defined and analyzed, utilizing fundamental technical and portfolio optimization techniques. Implementation of investment research using PC and mainframe databases and software. Prerequisite: FIN 1001. Prerequisite or corequisite: ACC 1002.
FIN 2508 Entrepreneurial Finance(Same as ENT 2508)How entrepreneurs secure financing for their business ventures: sources of funding such as investors, venture capital, SBA loans, asset-based financing, lines of credit. Creation of business plans and loan proposals, development of cash-flow projections, and the evaluation of loan requests by lender/investors. Prerequisite: FIN 1001.
FIN 2511 Security AnalysisThe role and activities of the equity analyst. Cases and lectures help develop studentsí analytical skills and appreciation of the usefulness and limitations of financial statements. Various approaches to equity valuation are considered. Drawing heavily on out-side readings from respected authors in the fields of finance and securities, students are required to research and produce a detailed report that includes an analysis of a particular industry and several firms within the industry. Prerequisite: FIN 1408 or FIN 2505.
FIN 2521 Portfolio ManagementTheoretical analysis and practical applications of modern portfolio theory to individual and institutional portfolio management; optimal asset selection and allocation decisions, portfolio mix, and the evaluation of portfolio performance; Markowitz diversification, single and multi-index models, capital market theory, capital asset pricing, arbitrage pricing, fixed-income securities, and options strategies. Implementation of portfolio optimization design utilizing Web/online resources, including databases and software. Prerequisite: FIN 2505. Prerequisite or corequisite: STB 1456.
FIN 2711 Venture Capital (Same as ENT 2711)Past, current, and future state of venture capital. Presents the fundamentals of entrepreneurship while maintaining a strong emphasis on the current state of affairs. Active participation by guest speakers who are prosperous entrepreneurs. Students gain information not found in any textbook to apply to the successful operation of their own businesses. Prerequisite: FIN 1001.
FIN 3011 Principles of Insurance Discusses the basic principles of the field of insurance and risk management, including ethical, financial, social, economic, and political issues. Students analyze institutional aspects of risk management to allow the business or individual to minimize financial loss from unforeseen courses. Prerequisite: FIN 1001.
FIN 3020 Financial and Estate Planning
A comprehensive study of personal management from the individual consumer, family, and small business points of view, with a life-cycle perspective. Explores 1) financial goals and objectives, budgets and other tools, money and money management, borrowing and debt management, tax planning, and housing; 2) personal risk management and insurance (life, health, property, and liability); 3) stocks, bonds, mutual funds, and other investments; and 4) retirement and estate planning. Prerequisite: FIN 1001.
FIN 3301 Historical Development of Modern FinanceAn examination of the historical development of financial institutions and markets from the Middle Ages to the present. Focuses specifically on the contributions of key bankers and banking families/firms, such as Hayim Solomon, Alexander Hamilton, Bernard Baruch, Alex Brown, Goldman Sachs, Lehman, Kuhn Loeb/Jacob Schiff, Sandy Weill, Rothschild, and Warburg. Prerequisite: FIN 1001.
FIN 3310 Investment Banking, Private and Merchant Banking — Current Methodologies and Historical Perspectives What do Investment Bankers and Private/Merchant Banker do currently, and what have they done historically? Examines current practice in investment banking, merchant banking and private banking. Studies relevant valuation techniques and funding methodologies. Practical, recent cases and examples will be discussed. Emphasis on the United States, the United Kingdom, Europe, and Australia from 1815 to the present, and the fiscal, monetary, political, technological, banking, and financial market developments and issues that have affected these specialized financial intermediaries. Prerequisite: FIN 1001.
FIN 3401 Business Forecasting Promotes strong fundamental understanding of forecasting techniques and their application to business. Covers simple linear regression, multiple regression, and logistic regression, and introduces time-series models. Discussion of the derivation of various models; development of the understanding needed to apply them to real-life business problems. Prerequisites: FIN 1001, STB 1131.
FIN 3510 Speculative Markets: Futures Markets and OptionsComprehensive overview of commodities, financial futures, and options on futures. The market microstructure and its evolution, trading applications, and the use of technical and fundamental analysis; exchange operations. Trading mechanics, hedging and speculation, price forecasting, testing and optimizing trading systems, performance spreading, and option pricing theory. Students implement futures pricing, hedging, and valuation using simulation and real-time, Web-based database resources. Prerequisite: FIN 1408 or 2505. Prerequisite or corequisite: STB 1456.
FIN 3603 International FinanceAnalysis of special topics in international finance, including international capital flows, theories of foreign exchange-rate determinations, Eurocurrency and Eurobond markets, and integration of multinational markets. Prerequisite: FIN 1001.
FIN 3720 Fixed Income Securities
non-complex, principles of pricing models for fixed income securities. Public policy issues related to fixed income
markets. Securities covered include government securities, municipal debt,
corporate and junk bonds as well as some derivatives, mortgage backed and asset
FIN 3851 Financial Statement Analysis:
Methods of communicating information about financing and operating activities
of corporations, and techniques for analyzing and evaluating information. Same
as ACC 3851.
500 West 185th Street
New York, NY 10033
500 West 185th Street
New York, NY 10033
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