3011. Introduction to Financial Markets (3 s.h.) F S SS.

(Formerly: FINANCE 0101.)

Prerequisite: Economics 1101 (C051) and 1102 (C052); Statistics 1001 (C011), 1102 (C012), and 2101 (C021).

This course provides an overview of financial markets and institutions in the U.S. economy. Topics include: the structure of financial markets and the role of the federal government in these markets; the valuation of fixed-income instruments; the risk-return tradeoff in equity markets; hedging and the use of derivatives instruments; and the identification and management of the risks involved in financial intermediation.

3101. Principles of Financial Management (3 s.h.) F S SS.

(Formerly: FINANCE 0103.)

Prerequisite: Economics 1101 (C051) and 1102 (C052); Accounting 2101 (0001) and 2102 (0002); Statistics 1001 (C011) and 1102 (C012) and 2101 (C021).

This course provides a survey of the financial problems associated with the life cycle of a business firm. Topics include: financial analysis and planning, capital budgeting, cost of capital, and the sources and uses of business funds.

3503. Corporate Finance (3 s.h.) F S SS.

(Formerly: FINANCE 0211.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)]. Completion of Accounting 2511 (0011).

This course provides an in-depth analysis of the principles of financial management and their application to decision making in a business firm. Topics include: valuation models, capital budgeting principles and applications, cost of capital, alternative methods of financing business firms, and dividend policy.

Note: Finance 3503 is required for both finance and real estate majors. Mode: Lecture.

3504. Advanced Corporate Finance (3 s.h.) F S.

(Formerly: FINANCE 0212.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)]. Completion of Finance 3503 (0211).

This course provides an advanced analysis of financial decision-making using theoretical models and case studies. Topics include: corporate restructuring, equity and debt offerings, mergers and acquisitions, and other advanced topics of current interest in the corporate finance area.

3505. Management of Financial Institutions (3 s.h.) F S.

(Formerly: FINANCE 0213.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)].

This course applies financial management theory and practice to the management of banks and other financial institutions. Topics include: risk-return tradeoffs, regulatory constraints, performance analysis, asset-liability management, and liquidity, interest rate and credit risk management.

3506. Derivatives and Financial Risk Management (3 s.h.) F S.

(Formerly: FINANCE 0218.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)]; Statistics 2102 (0022).

This course provides a theoretical and practical analysis of the following derivatives instruments: futures, options, options on futures, and swaps. Topics include: speculative and hedging strategies, and the financial risk management of stock portfolios.

3507. Investments (3 s.h.) F S.

(Formerly: FINANCE 0223.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)].

This course provides a detailed analysis of the equity market. Topics include: market microstructure, the principles of portfolio theory, and the valuation of equities including the techniques of fundamental security analysis.

Note: Finance 3507 is required for finance majors as of Fall 2000 Bulletin year. Mode: Lecture.

3508. Money and Fixed Income Markets (3 s.h.) F S.

(Formerly: FINANCE 0227.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)].

This course provides a theoretical and practical analysis of the spot markets for money, bonds and other fixed income instruments. Topics include: money market instruments, duration and convexity of bond yields, default risk, the term structure of interest rates, interest rate volatility, financial risk management of bond portfolios, and securitization.

3509. Real Estate Investment and Finance (3 s.h.) F S.

(Formerly: FINANCE 0240.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)].

This course provides theoretical and practical analyses of investments in real estate assets. Topics include: market and site analyses, financing alternatives and valuation techniques.

Note: Finance 3509 is required for Real Estate majors.

3551. International Financial Markets (3 s.h.) F S.

(Formerly: FINANCE 0250.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)].

This course provides a detailed analysis of international financial markets. Topics include: foreign currency, international money markets, international banking, and international capital markets.

3552. International Financial Management (3 s.h.) F S.

(Formerly: FINANCE 0251.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)].

The course provides a theoretical and practical analysis of the financing and investment decisions of multinational firms operating in international financial markets. Topics include: international asset valuation, international financing and investments, foreign exchange risk exposure, and country risk management.

3580. Special Topics: Entrepreneurial Finance (3 s.h.) F S.

Prerequisite: Varies.

Special topics in current developments in the field of Finance.

3582. Independent Study (1 to 6 s.h.) F S SS.

(Formerly: FINANCE 0395.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)]; consultation with a faculty member and approval of the department chairperson.

Readings and/or research paper under the supervision of a faculty member.

3682. Independent Study (1 to 6 s.h.) F S SS.

(Formerly: FINANCE 0396.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)]; consultation with a faculty member and approval of the department chairperson.

Readings and/or research paper under the supervision of a faculty member.

3901. Honors Principles of Financial Management (3 s.h.) S.

(Formerly: FINANCE 0193.)

Prerequisite: Finance 3011 (0101) or 3911 (0191); Accounting 2101 (0001) or 2102 (0002) [or 2901 (0091) and 2902 (0092)]; Statistics 1001 (C011) and 1102 (C012).

Finance 3901 (0193) is the honors section of Finance 3101 (0103) and meets the FSBM Finance 3101 (0103) requirement.

3911. Honors Introduction to Financial Markets (3 s.h.) F.

(Formerly: FINANCE 0191.)

Prerequisite: Economics 1101 (C051) and 1102 (C052) [or 1901 (H091) and 1902 (H092)]; Statistics 1001 (C011) and 1102 (C012); or by special permission.

Finance 3911 (0191) is the Honors section of Finance 3011 (0101) and meets the FSBM Finance 3011 (0101) requirement.

4596. Seminar in Financial Management (3 s.h.) F S. Core: WI.

(Formerly: FINANCE W350.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)]; Finance 3503 (0211) or 3507 (0223); and Accounting 2511 (0011).

This course integrates the key concepts of finance around the theme of valuation. The course enables students to: prepare a complete financial analysis focusing on the firm’s sources of value and economic profit; compute a firm’s cost of capital using publicly available data; value a firm using the free cash flow method; and use the valuation model to assess takeover alternatives and potential capital structure changes.

Note: Finance 4596 is the required Capstone course for Finance and Real Estate majors. Mode: Lecture.

4999. Senior Honors Thesis (3 s.h.) F S.

(Formerly: FINANCE 0397.)

Prerequisite: Approval of instructor and Fox School Honors Director.

Independent research conducted under the supervision of a thesis advisor from the Finance Department resulting in a substantial piece of original research, roughly 30 to 50 pages in length. Student must publicly present his/her findings at a Temple University Research Forum session or the equivalent.