Finance

Students will examine core financial concepts, including financial analysis, planning, and control; working capital management; capital budgeting; and the cost of capital. The course also explores the functions of financial markets and institutions, the relationship between risk and return, and how financial decisions influence firm value. By the end of the course, students will be equipped with the analytical tools and strategic insights necessary to make sound financial decisions that align with organizational objectives and drive long-term value creation.

Introduces students to investor relations and financial communication as practiced in business, as well as beyond the corporate world, in families, the medical profession, government, and not-for-profits. Addresses "big-picture" strategies as well as specific tactics for financial communication during crises, using social media, dealing with shareholder activism, integrated reporting, and corporate social responsibility.

Students examine the characteristics and valuation of various asset classes, including stocks, bonds, mutual funds, and alternative investments. The course covers risk-return analysis, asset allocation, diversification, and portfolio optimization, with a strong emphasis on modern portfolio theory and behavioral finance. Students will also learn to evaluate investment performance and understand the impact of market dynamics and economic indicators on investment decisions. Students will develop the skills needed to construct and manage investment portfolios aligned with specific financial goals and risk preferences.

The course provides the fundamental skills managers need to analyze financial statements in making non-routine decisions, as well as in discharging their day-to-day operating respobnsibilities. Students will learn how to interpret and analyze balance sheets, income statements, and cash flow statements, with an emphasis on assessing profitability, liquidity, solvency, and operating efficiency. The course also covers the use of finacial ratios, trend analysis, and benchmarking against industry standards. Students will develop the analytical skills needed to make informed decisions in investment, credit, and strategic business contexts.

Selected topics in Finance chosen by the instructor in response to student needs and interests. 

Supervised independent study in an area of individual interest in finance. 

Work experience related to the student's major, jointly supervised by the department and a professional in the field. Each hour of credit will require forty hours at the internship site.