0822. Investing for the Future (4 s.h.) RCI: GQ.

(Formerly: GE-QUAN 0063.)

Prerequisite: Mathematics placement, a grade of C- or higher in Math 0701 (0045), or transfer credit for Math 0701 (0045).

Thinking about investing but don’t know what to do or where to start? Mystified by 401(k)? Confused by mutual funds? Want to prepare for your financial future, but not sure how? Most of us are afraid to lose money, and so that is baggage we bring with us when we think about investing. But on the flip side, one of the best approaches to long-term profits is to make your money work for you making money. “Investing for the Future” is not just about understanding what investing is all about. It is also about the concerns we have about money. All of this knowledge, used wisely, can help us generate money which can be used later for things like buying a house, or car, or a vacation in Hawaii.

0922. Investing for the Future (4 s.h.) RCI: GQ.

Prerequisite: Mathematics placement, a grade of C- or higher in Math 0701 (0045), or transfer credit for Math 0701 (0045).

Thinking about investing but don’t know what to do or where to start? Mystified by 401(k)? Confused by mutual funds? Want to prepare for your financial future, but not sure how? Most of us are afraid to lose money, and so that is baggage we bring with us when we think about investing. But on the flip side, one of the best approaches to long-term profits is to make your money work for you making money. “Investing for the Future” is not just about understanding what investing is all about. It is also about the concerns we have about money. All of this knowledge, used wisely, can help us generate money which can be used later for things like buying a house, or car, or a vacation in Hawaii. (This is an Honors course.)

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) or 2103.

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. 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) or 2103, and Finance 3011 (0101).

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)] and Statistics 2101 (C021) or 2103.

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), Statistics 2101 (C021) or 2103.

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)], and Statistics 2101 (C021) or 2103.

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) or Statistics 2103.

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)], and Statistics 2101 (C021) or 2103.

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. 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)], and Statistics 2101 (C021) or 2103.

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)], and Statistics 2101 (C021) or 2103.

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.

3511. Entrepreneurial Finance (3 s.h.) S.

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

This course provides Finance majors who would like to start their own business or work for a small organization an understanding of how these types of organizations are financed. Topics reviewed include valuation, risk management and planning, investments and valuation concepts. More in-depth coverage of VC funding, managing and funding grow, liquidity and IPOs, mergers, international growth, technology transfers and I.P. acquisitions as well as corporate and strategic venture funds will be covered.

Note: This course was developed specifically for students majoring in Finance. Students who are majoring in Entrepreneurship should take Finance 3521 instead of this course. Mode: Lecture, Case Analysis, and Visitor Presentations.

3521. Financing New Enterprises (3 s.h.) F.

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)] and GSM 3501.

This course provides students who would like to start their own business or work for a small organization an understanding of how these types of organizations are financed. Topics covered include valuation, risk management and planning, investments and funding sources, as well as some basic understanding of VC funding, managing and funding grow, and liquidity.

Note: This course was developed for students in the Entrepreneurship major. Students who are not in this major may take this course if they meet the prerequisites. Students who are majoring in Finance should take Finance 3511 instead of this course. Mode: Lecture, Case Analysis, and Visitor Presentations.

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)], and Statistics 2101 (C021) or 2103.

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)], and Statistics 2101 (C021) or 2103.

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)], and Statistics 2101 (C021) or 2103; consultation with a faculty member and approval of the department chair.

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)], and Statistics 2101 (C021) or 2103; consultation with a faculty member and approval of the department chair.

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

3901. Honors Financial Management (3 s.h.) S. RCI: HO.

(Formerly: FINANCE 0193.)

Prerequisite: Finance 3011 (0101) or 3911 (0191); Accounting 2101 (0001) and 2102 (0002) [or 2901 (0091) and 2902 (0092)]; Statistics 1001 (C011) and 1102/1902 (C012/H092) and 2101/2901 (C021/H093) or Statistics 2103/2903.

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 1102/1902 (C012/H092) and 2101/2901 (C021/H093) or 2103/2903; or by special permission.

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

3999. Honors Thesis I (1 to 3 s.h.) F S.

Prerequisite: Approval of instructor, Fox School Research Scholar Director, and Fox School Honors Director.

The first of a two-part sequence of courses in which independent research is 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 upon completion of Finance 4999. The student must publicly present his/her findings at a Temple University Research Forum session or the equivalent during one of the two semesters during which these courses are undertaken.

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

(Formerly: FINANCE W350.)

Prerequisite: Finance 3011 (0101) and 3101 (0103) [or 3911 (0191) and 3901 (0193)]; Finance 3503 (0211), Statistics 2101/2901 or 2103/2903.

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.