Plan of Study – Finance

Note: A Semester Hour (s.h.) is a unit of academic credit representing an hour of class (such as lecture class) or three hours of laboratory work each week for an academic semester. Most courses are two, three or four semester hours.

Finance: Minor

Minor Courses (Minimum of 21 semester hours required.)

ACC 2010 Principles of Accounting I (3 s.h.)

An introduction to the theory and concepts of financial accounting, including generally accepted accounting principles and issues as to classification, recognition, realization, measurement, and reporting. Emphasis on the accounting process, including preparation of basic financial statements and the accounting for and analysis of transactions affecting assets, selected liabilities, and equity. Prerequisite: MTH 1050 or equivalent.

ACC 2020 Principles of Accounting II (3 s.h.)

An expanded study of accounting with emphasis on parterniships and corporate accounting. Topics include capital acquisitions, equity accounting, analysis and interpretation of financial statements, and cash flow analysis. Prerequisites: ACC 211

ECN 2730 Principles of Macroeconomics (3 s.h.)

Measurement and determination of economic activity and development, aggregate income, and employment. Emphasis on consumption, monetary policy, taxes, government, investment, and expenditures. Prerequisite: MTH 1050.

FIN 3150 Business Finance (3 s.h.)

Study of the management of the financial affairs of a business enterprise in respect to planning and analysis of the financial decision making function. Topics include: time value of money, working capital management, leverage, ratio analysis, capital budgeting, capital structure decisions, dividend policy, and international financial management. Prerequisites: ACC 2020 and ECN 2720.

FIN 3210 Investments (3 s.h.)

An introduction to various financial securities, markets, and theories. Topics include arbitrage pricing theory, capital asset pricing model, efficient market hypothesis, and bond and equity valuation. Prerequisite: FIN 3150.

FIN 3700 Life Cycle Financial Planning (FCS/FIN*) (3 s.h.)

Basic planning of personal finances to satisfy personal and family life cycle goals. Topics include: budgeting, consumer credit, investments, insurance, personal residences and real estate, retirement plans, and individual income taxes. The life cycle of personal investment strategies is explored.

FIN 4120 Money and Banking (3 s.h.)

Introduction to various financial markets, including monetary market, stock market, foreign exchange market, and international markets. Examination of the characteristics, functions, organizations, and management of the markets, as well as the role of the monetary authority and its relationship to the financial system. Exploration of the frameworks, participants, and risks of specific financial instruments in each market. Prerequisite: ECN 2730.