Courses in the department are open to juniors and seniors only with
the exception of FNCE 198. The School of Business requires students at
the Storrs campus to participate in the Mobile Computing Initiative before
registering for the courses listed below. See the School of Business
Catalog section for details about how this program operates. Students
not participating in the intiative may be able to register for the following
classes: FNCE 198, 210, 230.
| 198. Contemporary
Issues in Finance
Semester by arrangement. One credit. May be repeated for credit in different
sections in combination with BADM 198 or MGMT 198 up to a maximum of three
credits. Open to freshmen and sophomores, others with consent of instructor.
May not be used to satisfy Junior - Senior level major requirements in
the School of Business.
The world of business has changed. No longer can we refer to the cliche
"business as usual."Today's business world is a complex, challenging and
exciting place. Each section of the course will capture some aspect of
this challenge and excitement. Students will be exposed to undercurrents
that challenge and perplex today's managers and executives around the world. |
| 201. Financial Management
Either semester. Three credits. Prerequisite: ACCT 200, which may be
taken concurrently; ECON 111 and 112 or 102;
ENGL 110 or 111 or
250 or
(105 and 109);
MATH 106 or 114 or
116; and STAT 100 or 110. Not open to
students who have passed or are taking BADM 230.
An introductory examination of how a business plans its needs for funds,
raises the necessary funds, and invests them to attain its goals. |
| 202. Investment
and Security Analysis
Either semester. Three credits. Prerequisite: FNCE 201.
A study of the nature of securities, the mechanics and costs of trading,
and the way in which securities markets operate. Risk-return analysis will
be applied in making decisions to buy or sell stocks, bonds and options.
Written analysis is required. |
| 203. Applications
in Financial Management
First and/or second semester. Three credits. Prerequisite: FNCE 201.
Recommendation preparation: OPIM 203C.
An intermediate level course using cases i.e., problems faced by actual
firms, to teach students how to apply financial management concepts and
techniques to real-world situations |
| 204. Financial Risk
Management
First and/or second semester. Three credits. Prerequisite: FNCE 201.
Applications of financial structuring and engineering with particular
attention to uses of derivatives. |
| 205. Global Financial
Management
Either semester. Three credits. Prerequisite: FNCE 201.
Focuses on the detailed study of: (1) exchange rate determination, (2)
operation of the foreign currency and global capital markets, and (3) hedging
both transaction and economic exposure to exchange rate changes. |
| 206. Financial Services
First and/or second semester. Three credits. Prerequisite: FNCE 201.
Study of the role of financial services companies in the money and capital
markets, funds acquisitions, investment and credit extension. |
| 210. Personal Finance
Either semester. Three credits. Recommended preparation: Completion
of a college level math course is strongly recommended.
Designed to provide students with practical financial management skills
that will enable them to identify their personal financial goals, and to
plan and make financial decisions that will help them reach those goals.
Topics include budgeting, investing, effective use of cash and credit,
taxes, insurance, housing and automobile purchases, and retirement planning. |
| 217.
Economics for Global Business Decisions
First and/or second semester. Three credits. Prerequisite: FNCE 201
(may be taken concurrently).
Impact of globalization of the world economy on business and financial
decisions. Trade, balance of payments, tariff policies, international economic
institutions, exchange rates, capital flows. |
| 221. Risk Management
and Insurance
Either semester. Three credits. Prerequisite: FNCE 201 or BADM 230 or
MATH
285 or MATH 287.
A study of the concept of risk and its treatment by insurance. It covers
why the individual or corporation purchases insurance, what constitutes
an intelligent insurance plan and what products are available in the insurance
marketplace. |
| 223. Health Insurance
Second semester. Three credits. Prerequisite: FNCE 221.
This course will provide a detailed overview of health insurance from
the perspective of insurance company owners, employers, and individual
consumers of health insurance services. Emphasis is given to individual
and group health insurance product management and to the relationship between
product characteristics and insurance company investments, financing, and
marketing decisions. Managed care techniques, benefit package design and
cost sharing mechanisms are assessed in the context of resolving incentive
conflicts and meeting cost-containment objectives. Evaluation of insurance
company financial strength and the impact of regulation on company management
and behavior are considered in detail. |
| 224. Social Insurance
Second semester. Three credits.
An examination of causes, effects and proposed remedies for financial
insecurity resulting from occupational injuries, unemployment, old age
and premature death, and general illness. Emphasis is placed on the role
of the government in dealing with these economic problems. |
| 225. Life
Insurance and Retirement Security
First semester. Three credits. Prerequisite: FNCE 221.
Focuses on the basic principles underlying life insurance, pensions,
and other methods of insuring for financial security. Emphasis is given
to the following general topics - the need for life insurance and annuities,
individual retirement planning, employer provided group insurance and pensions,
types of life insurance and annuity contracts, deferred compensation plans,
the mathematics of life insurance, company operations, regulation, settlement
options and life insurance programming. |
| 228.
Risk Management: Property and Liability Exposures
First semester. Three credits. Prerequisite: FNCE 221.
This course critically examines the risk management process introduced
in FNCE 221. Emphasis is on identification and treatment of pure loss exposures
faced by commercial and institutional entities. Available risk management
treatment techniques are identified and discussed. Analysis of applicable
commercial property and liability insurance coverages are stressed. |
| 230. Real Estate Principles
Either semester. Three credits.
Overview of the personal, social and business aspects of real estate.
Emphasis on home purchase decisions, location analysis, market characteristics
and investment decision-making. |
| 232. Real Estate Investments
First or second semester. Three credits. Prerequisite: FNCE 201 or FNCE
230 or BADM 230.
Risk-return analysis for alternate types of real estate investments.
Techniques and applications of investment decision-making and value estimation.
Lease analysis, cash flow, forecasting, appraisal techniques, discounted
cash flow modeling, portfolio management, and equity securitization including
real estate investment trusts. |
| 233. Real Estate Finance
First or second semester. Three credits. Prerequisite: FNCE 201 or FNCE
230 or BADM 230.
Investment characteristics of mortgages and the structure and operation
of mortgage markets -- both primary and secondary, including the role of
securitization. Risk and return characteristics of various mortgage instruments,
both residential and commercial, are analyzed from the perspective of both
the borrower and lender. Tools for measuring and managing the risks of
portfolios of mortgages and mortgage-backed securities are introduced. |
| 234.
GIS Applications and Use of the Internet in Real Estate Markets
First or second semester. Three credits.
How does a business decide where to relocate? Specialized Geographic
Information Systems ( GIS) are now used to make retail, office, and industrial
location decisions. The Internet opens new sources of timely information.
This gives decision-makers unprecedented power to manage data and analyze
risks. Students gain hands-on experience with GIS and Internet through
projects organized around real estate problems. |
| 289. Field Study Internship
Summer session. One to three credits. Hours by arrangement. Prerequisite:
Students enrolled in the Real Estate Intern program must have earned a
"C" or better in Finance 230. For all others, completion of Finance 201
and at least one other finance course related to the internship area, with
a grade of "C" or better in each course. Consent of instructor and Department
Head prior to beginning the internship. Students
taking this course will be assigned a final grade of S (satisfactory) or
U (unsatisfactory).
Designed to provide students with an opportunity for supervised field
work in relevant major areas within the Department. Students will work
with one or more professionals in their major academic area. Student performance
will be evaluated on the basis of an appraisal by the field supervisor
and a detailed written report submitted by the student. |
| 293. Foreign Study
Either or both semesters. Credits and hours by arrangement, up to a
maximum of six credits. Consent of Department Head required, prior to the
student's departure.
Special topics taken in a foreign study program. |
| 296. Senior Thesis in
Finance
Either semester. Three credits. Hours by arrangement. Open only
to Finance Department Honors Students with consent of instructor and Department
Head. |
| 298. Special Topics
Either semester. Credits and hours by arrangement. Prerequisite: Announced
separately for each offering. With a change in content, may be repeated
for credit.
Classroom course in special topics in finance, insurance or real estate
as announced in advance for each semester. |
| 299. Independent Study
Either or both semesters. Credits by arrangement, not to exceed six
in any semester. Open only with consent of instructor and Department Head.
Individual study of special topics in finance, insurance or real estate
as mutually arranged between a student and an instructor. |