Undergraduate Finance Courses

FIN 2010 Personal Financial Planning. Three credits. Includes budgeting and saving techniques, tax planning, insurance principles, consumer credit, housing, investment alternatives, and retirement and estate issues. [ top]

FIN 2450 Principles of Real Estate. Three credits. Real estate practices and procedures, basic principles of real property ownership utilization and transfer, mortgage financing, brokerage, management, valuation, subdividing, and legislation. [ top]

FIN 3000 Principles of Financial Management. Three credits. Prerequisite: ACTG 2110 or 3000. Will not substitute for FIN 3010. An overview of the fundamental concepts and tools for financial decision making within a business firm. (Not open to business majors.) [ top]

FIN 3010 Business Finance. Three credits. Prerequisites: ACTG 2120 or 3000; QM 2610; junior standing. Theory of corporate finance, emphasizing wealth creation, valuation, risk, capital budgeting, and cost of capital. [ top]

FIN 3430 Public Finance. Three credits. (Same as ECON 3430.) Prerequisites: ECON 2410, 2420; junior standing. Economic foundations of federal tax and expenditure policies. Current issues in federal budget policy. Policy applications illustrating key concepts such as public goods, externalities, income distribution, tax incidence, tax equity, and allocative efficiency. Intergovernmental fiscal relations. [ top]

FIN 3610 General Insurance. Three credits. Prerequisite: Junior standing. The principles of risk and risk bearing; insurance carriers; survey of principles of life, health and accident, fire, marine, and automobile insurance policies; government regulation of insurance. [ top]

FIN 3660 Life Insurance and Health Insurance. Three credits. Prerequisite: Junior standing. Problems of purchaser and seller; critical investigation of life and health insurance with emphasis on social and economic aspects. [ top]

FIN 3710 Property and Casualty Insurance. Three credits. Prerequisite: Junior standing. Scope and fundamentals of property and liability insurance; analysis of contracts, rating, underwriting, insurers, and loss of adjustment requirements and procedures. [ top]

FIN 3810 Investments. Three credits. Prerequisite: FIN 3010. Introductory survey course focusing on investment markets and instruments. Emphasis on security characteristics, analysis, and valuation. [ top]

FIN 3910 Computer Applications in Economics and Finance. Three credits. (Same as ECON 3910.) Prerequisites: INFS 3100; ECON 2420; FIN 3010 or 3000. Employing a computer in economics and financial decision making. Covers spreadsheets, object-relational database management systems, and data warehousing. [ top]

FIN 3970, 3980 Cooperative Education. Three credits. (Same as ECON 3970 and 3980.) Prerequisite: Junior standing. Cooperative Education experiences provide students with opportunities for on-the-job training in conjunction with on-campus academics. These courses will not satisfy major or minor requirements. Interested students should contact the MTSU Cooperative Education Office. Students will be selected for participation and opportunities may be limited. [ top]

FIN 4010 Intermediate Financial Management. Three credits. Prerequisites: FIN 3010 with a minimum grade of C (2.00); MATH 1810 or 1910; QM 3620. Reviews and extends the basics of risk, valuation, and the creation of wealth. Explores capital budgeting, capital structure, and their interactions. [ top]

FIN 4110 Managerial Finance. Three credits. Prerequisite: FIN 3010 with a minimum grade of C (2.00). A case course emphasizing the financial aspects of management. Topics include financial statement analysis, working capital management, capital budgeting, and cost of capital. [ top]

FIN 4260 Financial Markets and Institutions. Three credits. (Same as ECON 4260.) Prerequisites: ECON 3210 with a minimum grade of C (2.0); FIN 3010 or 3000. Develops an understanding of the structure and functioning of our monetary-financial system. Emphasis on the institutional process of financial intermediation in the financial marketplace and the role that specific institutions and instruments play. [ top]

FIN 4310 Problems in Government Finance. Three credits. (Same as ECON 4310). Prerequisites: ECON 2410, 2420. Current issues in taxation, theory of income taxation, consumption taxes, property and wealth taxes. Advanced treatment of tax incidence, tax efficiency, income distribution, fiscal federalism, and state and local budget issues. [ top]

FIN 4360 Management of Financial Institutions. Three credits. Prerequisite: ECON 3210 with a minimum grade of C (2.0). Development of fundamental concepts and principles of sound institution management. Includes the financial environment, strategy, performance measures, asset/liability management topics, within an overall decision framework. [ top]

FIN 4390 Employee Benefits. Three credits. (Same as ECON 4390.) Prerequisite: Junior standing. Includes descriptive review and taxation, legislative, and administrative dimensions of the major components of employee benefit plans such as retirement systems, deferred compensation plans, health insurance, death benefits, disability benefits, paid and unpaid time off. Technical analysis and problem solving emphasized to develop applied skills. Social insurance and international benefits integrated. [ top]

FIN 4430 Real Property Valuation. Three credits. Prerequisites: FIN 2450; junior standing; FIN 3010 strongly recommended. Theory and methods of real property valuation. Employs qualitative and quantitative analysis to appraise residential and income-producing properties. Emphasizes comparable sales, cost depreciation, and income capitalization. [ top]

FIN 4440 Real Estate Finance. Three credits. Prerequisites: Junior standing; FIN 2450 and 3010 strongly recommended. Financial analysis applied to various types of real property. Includes underwriting, sources of funds, portfolio problems, and government programs. Emphasizes analysis of money and mortgage markets and modern creative financing. [ top]

FIN 4470 Real Estate Law. Three credits. (Same as BLAW 4470.) Prerequisite: Junior standing. Legal rights and limitations of ownership of property, estates, titles, methods of transferring titles, abstract of titles, mortgages, leases, easements, restrictions on the use of property, real estate development, and planning, application of contract law to real property, and the administration of wills.

FIN 4510 Real Estate Brokerage and Management. Three credits. Prerequisites: FIN 2450; junior standing. Management principles and techniques for the successful real estate brokerage firm. Topics emphasized are organizing, planning, management, marketing, and advertising techniques.

FIN 4550 Real Estate Investment Analysis. Three credits. Prerequisites: FIN 2450, 3010; junior standing. Analysis of real estate projects and markets. Emphasizes market research, taxes, financing techniques, and discounted cash flow analysis. Requires computer-assisted investment tools and case analysis. [ top]

FIN 4590 Problems in Real Estate. One to three credits. Prerequisite: Junior standing. Current analysis of issues in the field of real estate with concentration on major problems and policies in managing real estate and other related resources. [ top]

FIN 4710 Insurance in Estate Planning. Three credits. Prerequisite: FIN 3610. Insurance as it may relate to estate planning examined in detail. Focus on estate planning principles including the problems of estate liquidity, taxation, governmental regulation, and costs involved in handling estates. Also included are ownership provisions and beneficiary designations, settlement options, and trusts. [ top]

FIN 4730 Insurance Company Operations. Three credits. Prerequisite: FIN 3610. Insurance marketing, underwriting, reinsurance, rate making, claims adjusting, loss control activities, and other functions and activities.

FIN 4750 Risk Management. Three credits. Prerequisite: FIN 3610. Analysis of major sources of liability loss exposures and the insurance coverages designed to meet those exposures. Noninsurance techniques such as loss control and risk transfer also discussed. [ top]

FIN 4790 Problems in Insurance. Three credits. Prerequisite: FIN 3610. Application of various insurance coverages to fulfillment of personal, business, and social needs. Special problems chosen or assigned in areas of the student's interest in joint consultation between student and instructor. [ top]

FIN 4810 Portfolio Theory and Management. Three credits. Prerequisites: FIN 3810; MATH 1810 or 1910; QM 3620. Rigorous development of investment theory from its origins to current extensions and alternatives. Emphasis on investor rationality, efficient portfolio selection, capital asset pricing and options valuation models, and market efficiency. [ top]

FIN 4860 International Financial Management. Three credits. Prerequisite: FIN 3010 with a minimum grade of C (2.00). International capital markets, exchange rate exposure, risk management, and other multinational finance issues. Essential not only for United States exporters, but also for those facing competition from abroad. [ top]

FIN 4890 Internship in Finance. One to three credits. Prerequisites: Junior status and recommendation of advisor. Supervised work experience in cooperating business firms or government agencies together with specialized academic study relating to the work experience. [ top]

FIN 4910 Options, Futures, and Other Derivatives. Three credits. Prerequisite: FIN 3010 or equivalent. Valuation and hedging of options, forward contracts, futures contracts, swaps, and other derivatives. Examines fundamental tools commonly used for pricing and hedging and options and futures contracts. For undergraduate and graduate students with little mathematics beyond algebra. [ top]

FIN 4990 Independent Study in Finance. One to three credits. Prerequisite: Junior standing. Problems for intensive study are chosen in joint consultation between student and instructor. [ top]