Major in Finance: Financial Institution Management Concentration

Students selecting the concentration in Financial Institution Management must include FIN 3610, FIN 3810, FIN 4260, FIN 4360, FIN 4440, FIN 4810, FIN 4860, and 3 hours of Economics and Finance electives.

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.

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

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.

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.

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.

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.

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.