Finance Elective Offerings

BUFN 700   Investment Management; (3 credits)
Prerequisite: Corequisite: BUSI 640
Related Courses: BUFN 702

Methods of security selection and portfolio management in the debt and equity markets. Investment alternatives, securities markets, bond and common stock valuation, options, portfolio theory, and behavior of stock prices.

BUFN 702   Applied Equity Analysis and Portfolio Management; (3 credits)
Prerequisite: BUSI 640
Related Courses: BUFN 700

Applications of finance concepts to definitions of investment objectives, equity analysis, portfolio analysis and management, and investment performance evaluation. Cases and studies of actual securities. Emphasis on fundamental analysis and stock recommendations.

BUFN 714   Advanced Financial Management; (3 credits)
Prerequisite: BUSI 640
Related Courses: BUFN 716

Advanced corporate finance course that builds on the core course. Study of investment and financing decisions faced by firms at various stages in their life cycles. Topics include advanced capital budgeting and capital structure, real options and option-like features in securities, financial contracting, governance, financial distress, and capital-raising transactions ranging from IPOs for young firms to complex hedging strategies for large firms. Pedagogy uses mix of lectures and case studies.

BUFN 716   Financial Restructuring and Strategy; (3 credits)
Prerequisite: BUSI 640
Related Courses: BUFN 714

Integration and extension of financial theory and principles to analyze financial, asset and ownership restructuring decisions. A valuation framework is used to study strategic decisions such as mergers and acquisitions, share repurchases, exchange offers, leveraged recapitalization, joint ventures, employee stock option plans, divestitures and spin-offs.

BUFN 722   Banking and Financial Institutions; (3 credits)
Prerequisite: BUSI 640
Related Courses: BUFN 726, BUFN 731

The role of financial management in banking and financial institutions. The economic role and regulation of banking and financial institutions, analysis of risks and returns on financial assets and liabilities, and the structure of assets, liabilities and capital.

BUFN 724   International Financial Management; (3 credits)
Prerequisite: BUSI 640
Related Courses: None

The role of financial management in the multinational firm. The financing and managing of foreign investments, assets, currencies, imports and exports. National and international financial institutions and markets.

BUFN 726   Futures and Options Contract; (3 credits)
Prerequisite: BUSI 640, BUFN 700 (recommended)
Related Courses: BUFN 700, BUFN 722, BUFN 731

The institutional features and economic rationale underlying markets in futures and options. Valuation of futures and options. Hedging, speculation, structure of futures prices, interest rate futures, efficiency in futures markets, and stock and commodity options.

BUFN 731   Fixed Income Securities; (3 credits)
Prerequisite: BUFN 700
Related Courses: BUFN 726, BUFN 722

Focuses on understanding financial instruments that have market values which are sensitive to interest rate movements. Develop tools to analyze interest rate sensitivity and value fixed income securities. Topics include a variety of fixed income assets and related securities, including: zero coupon government bonds; coupon bearing government bonds; exchange-traded bond options; bonds with embedded options; floating rate notes; caps, collars and floors; floating rate notes with embedded options; forward contracts; interest rate swaps; bond futures and options on bond futures.

BUFN 735   Computational Finance; (3 credits)
Prerequisite: BUSI 640, BUSI 630
Related Courses: BUFN 731

Introduces and applies various computational techniques useful in management of equities and fixed income portfolios, valuation of financial derivatives, such as stock options, valuation of fixed income securities and their derivatives. Techniques include portfolio Monte Carlo Simulation, binomial and Black-Scholes option pricing models, value at risk and stochastic processes.

BUFN 738   Investment Fund Management; (3 credits)
Prerequisite: Open to students in the full-time MBA program only. Permission of department
Related Courses: None

Provides second-year Master in Business Administration students with the opportunity to apply the skills learned in finance classes to actual investment decisions through management of an investment fund.

BUFN 758   Finance TBD; (3 credits)
Prerequisite: None
Related Courses: None

TBD

BUFN 758   Special Topic: Advanced Corporate Finance; (3 credits)

BUFN 758   Special Topic: Financial Risk Management; (3 credits)

BUFN 758   Special Topic: Regulation of Financial Markets; (3 credits)

BUFN 758   Special Topic: Corporate Governance and Performance; (3 credits)

BUFN 758   Special Topic: Institutional Money Management; (3 credits)

BUFN 758   Special Topic: Private Equity, Initial Public Offerings and Security Issuance; (3 credits)

BUFN 758   Special Topic: Venture Capital and Private Equity; (3 credits)
BUFN 759   Independent Study in Finance; (6 credits)
Prerequisite: None
Related Courses: None

Independent study for Masters students in Finance.