Finance (FIN)

FIN 341, INVESTMENTS, 4 Credits

Risk and reward characteristics of investments; sources of investment information; domestic and international security markets; investment characteristics of common stocks, debt securities, convertible securities, option contracts, and investment companies; real property investment; economic market analysis; technical market analysis; tax aspects of investments; and investment management.

Prerequisite: BA 240 with C or better or BA 240H with C or better or BA 360 with C or better or BA 360H with C or better or FIN 340 with C or better or FIN 340H with C or better

Equivalent to: BA 341

Available via Ecampus

FIN 342, ADVANCED FINANCIAL MANAGEMENT, 4 Credits

Capital market theory and the valuation of risky assets, capital budgeting, valuing the firm's securities, capital structure theory, long-term financing alternatives, cost of capital, dividend policy, working capital management, financial analysis and planning, mergers, and takeovers.

Prerequisite: FIN 340 with C or better or FIN 340H with C or better or BA 240 with C or better or BA 240H with C or better or BA 360 with C or better or BA 360H with C or better

Equivalent to: BA 342

Available via Ecampus

FIN 434, CFA PREPARATION, 2-4 Credits

Provides students with structure and guidance in their preparation for the Chartered Financial Analyst (CFA) Level exam. Students systematically prepare for and are tested on the 18 sections of the exam.

Equivalent to: BA 434

This course is repeatable for 4 credits.

FIN 437, APPLIED PORTFOLIO MANAGEMENT, 2 Credits

Hands-on experience of managing two investment portfolios. Each member in the Oregon State Investment Group (OSIG) should act as a financial analyst to analyze a chosen company by performing the Discounted Cash Flow (DCF) or Residual Income Model (RIM), the relative valuation, and the SWOT analyses. The weekly seminar offers opportunities for students to present their analyses and offer comments and suggestions to other's presentations.

Equivalent to: BA 437

FIN 438, APPLIED PORTFOLIO MANAGEMENT II, 1 Credit

Each student will act as a financial analyst to analyze a chosen company using models learned in FIN 437. Provides students with an opportunity to practice security valuation and get familiar with the tools. In addition, this course will focus on various measures of portfolio performance.

Prerequisite: FIN 437 with C- or better or BA 437 with C- or better

Equivalent to: BA 438

FIN 439, APPLIED PORTFOLIO MANAGEMENT III, 1 Credit

Each student will act as a financial analyst to analyze a chosen company using models learned from FIN 437. Provides students additional opportunity to practice security valuation and strengthen their understanding of the tools. In addition, this course will introduce ways to develop an efficient portfolio.

Prerequisite: FIN 437 with C- or better or BA 437 with C- or better

Equivalent to: BA 439

FIN 440, FIXED INCOME SECURITIES, 4 Credits

Provides students with intermediate knowledge of fixed income assets, interest rate and interest rate theory, the tools for estimating values, and managing portfolios of fixed income assets. The course can also serve as a partial coverage of material expected of applicants planning on seeking the Certified Financial Analyst designation.

Prerequisite: FIN 341 with C- or better

FIN 441, FINANCIAL INSTITUTIONS, 4 Credits

Introduction of markets and institutions that form the economic system of trading financial and real assets both domestically and internationally. The introduction of concepts of financial theory, institutional detail, regulatory environments, and the history of financial markets. Topics include legal, ethical, technological, and global issues facing financial managers, markets, and institutions.

Prerequisite: BA 240 with C or better or BA 240H with C or better or BA 360 with C or better or BA 360H with C or better or FIN 340 with C or better or FIN 340H with C or better

Equivalent to: BA 441

FIN 442, FINANCIAL STATEMENT ANALYSIS, 4 Credits

Student develop the understanding and skill to use financial statements for investment decisions, credit decisions, performance analysis, and forecasting. Three main topic areas: analysis overview, accounting analysis, and financial analysis.

Prerequisite: FIN 342 with C- or better

Equivalent to: BA 435

FIN 443, PORTFOLIO MANAGEMENT, 4 Credits

An introduction to the construction, revision, and performance evaluation of financial asset portfolios.

Prerequisite: FIN 341 with C- or better or BA 341 with C- or better

Equivalent to: BA 443

Available via Ecampus

FIN 444, FINANCIAL RISK MANAGEMENT, 4 Credits

Investigation of financial hedging activities for corporations and financial institutions using futures, options, and other derivative securities. Identification of risk attributes, valid hedging rationales, and management of hedging programs.

Prerequisite: FIN 341 with C- or better

Equivalent to: BA 444

FIN 445, INTERNATIONAL FINANCIAL MANAGEMENT, 4 Credits

International monetary environment; foreign exchange risk management; source and availability of funds to finance trade and multinational operations; taxation planning and control; international portfolio diversification; international banking; capital budgeting; political risk evaluation of performance.

Prerequisite: FIN 341 with C- or better and FIN 342 [C-]

Recommended: FIN 440 or FIN 442 or FIN 443 or FIN 444 or FIN 499

FIN 447, COMMERCIAL BANKING, 4 Credits

Develop an understanding of the banking system in the United States and gain insight into managing the financial assets of a bank. Emphasis on understanding the regulatory framework of the United States banking system, the organizational structures of banks, and managing the financial performance of a bank. Focus on integrating the theoretical framework of financial asset management with the “hands on” technical skills of risk mitigation and financial optimization strategies to increase a bank’s return on assets and equity.

Prerequisite: BA 240 with C- or better or BA 240H with C- or better or BA 360 with C- or better or BA 360H with C- or better

FIN 448, INTERNATIONAL FINANCIAL MARKETS, 4 Credits

Explores international equity markets; international bond markets, foreign exchange markets; derivative markets; cryptocurrency markets; trading strategies; global financial crisis; volatility index VIX; market stabilization mechanisms.

Prerequisite: FIN 341 with C- or better and FIN 342 [C-]

Recommended: FIN 440 or FIN 442 or FIN 443 or FIN 444 or FIN 499

FIN 450, FINANCING SPORT, 2 Credits

Provides an overview of the financial aspects of the sport industry and examines the mechanisms for funding sports leagues, teams, and venues at both the professional and college levels. Considers the role of public sector funding and its relationship to sources of revenue such as naming rights, ticket sales, media rights, sponsorships, and licensed merchandise.

Prerequisite: BA 350 with C- or better

FIN 460, PRINCIPLES OF FINANCIAL PLANNING, 4 Credits

Provides an overview of professional approach to personal financial planning. Topics included are client/planner interaction, financial statement development and analysis, time value of money, cash flow and debt management, risk management, education planning, retirement planning, tax planning, estate planning, special needs planning, business entity selection and taxation, economics and external environment study, ethics and practice standards of Certified Financial Planner. Formulates a comprehensive financial plan that best fits a client while following ethics and professional responsibilities.

Prerequisite: BA 240 with C- or better or BA 240H with C- or better or BA 360 with C- or better or BA 360H with C- or better

FIN 461, INSURANCE PLANNING, 2 Credits

Introduces basic concepts of risk management process in financial planning. Involves measuring risk exposures, comparing, and contrasting various risk management tools to manage risk exposures. Risk management tools include insurances on health, life, disability, auto and property. Designed to enhance a student’s approach to Insurance planning.

Prerequisite: FIN 342 with C- or better and FIN 460 [C-]

FIN 462, TAX PLANNING, 2 Credits

Introduces basic concepts of tax planning. Covers income tax systems and ways to minimize tax liability in compliance with IRC. Provides an understanding of how to calculate taxes on various investments and learn strategies to manage tax liability.

Prerequisite: FIN 342 with C- or better and FIN 460 [C-]

FIN 463, RETIREMENT PLANNING, 2 Credits

Focuses on Retirement Planning. Develops appropriate retirement plans for individuals and small businesses. Examines qualified and non-qualified retirement plans, IRAs, and Social Security. Regulatory and tax considerations are also discussed.

Prerequisite: FIN 342 with C- or better and FIN 460 [C-]

FIN 464, ESTATE PLANNING, 2 Credits

Introduces Estate Planning and focuses on developing an appropriate technique to estate planning given a client’s objectives and needs. Legal, tax, financial and non-financial aspects of the estate planning process are covered. Topics include trusts, wills, probate, charitable giving, wealth transfers and related taxes.

Prerequisite: FIN 342 with C- or better and FIN 460 [C-]

FIN 465, FINANCIAL PLANNING CAPSTONE, 4 Credits

Serves as the capstone course in the Financial Planning program. Synthesize and integrate knowledge from previous courses to develop a comprehensive financial plan. Client communications skills covered.

Prerequisite: FIN 461 with C- or better and FIN 462 [C-] and FIN 463 [C-] and FIN 464 [C-]

FIN 499, SELECTED TOPICS IN FINANCE, 1-4 Credits

This course is repeatable for 16 credits.

FIN 542, INVESTMENTS, 3 Credits

Introduction to the tools and concepts of security analysis and investments; basic security types, including stocks, bonds, options and futures, respective markets and to how these securities are traded; fundamental valuation techniques and theory for stocks and bonds.

Recommended: BA 360

FIN 543, PORTFOLIO MANAGEMENT, 4 Credits

An introduction to the construction, revision, and performance evaluation of financial asset portfolios.

Prerequisite: FIN 542 with C or better

FIN 544, FINANCIAL RISK MANAGEMENT, 4 Credits

Investigation of financial hedging activities for corporations and financial institutions using futures, options, and other derivative securities. Identification of risk attributes, valid hedging rationales, and management of hedging programs.

Equivalent to: BA 544

Recommended: FIN 542

FIN 545, INTERNATIONAL FINANCIAL MANAGEMENT, 3 Credits

International monetary environment; foreign exchange risk management; source and availability of funds to finance trade and multinational operations; taxation planning and control; international portfolio diversification; international banking; capital budgeting; political risk evaluation of performance.

Prerequisite: BA 540 with B- or better

Equivalent to: BA 545

Recommended: FIN 341 and FIN 342 and (FIN 440 or FIN 442 or FIN 443 or FIN 444 or FIN 499)

FIN 546, ADVANCED CORPORATE FINANCE, 3 Credits

The second course in the Corporate Finance sequence. Examines corporate payout policies and capital structure choices, choices in debt financing, financial planning and working capital management, and valuation of projects using a real-options approach.

Prerequisite: BA 540 with B- or better

FIN 547, COMMERCIAL BANKING, 4 Credits

Develop an understanding of the banking system in the United States and gain insight into managing the financial assets of a bank. Emphasis on understanding the regulatory framework of the United States banking system, the organizational structures of banks, and managing the financial performance of a bank. Focus on integrating the theoretical framework of financial asset management with the “hands on” technical skills of risk mitigation and financial optimization strategies to increase a bank’s return on assets and equity.

Recommended: BA 540

FIN 548, INTERNATIONAL FINANCIAL MARKETS, 4 Credits

Explores international equity markets; international bond markets, foreign exchange markets; derivative markets; cryptocurrency markets; trading strategies; global financial crisis; volatility index VIX; market stabilization mechanisms.

Prerequisite: BA 540 with C or better and FIN 542 [C]

FIN 549, MERGERS AND ACQUISITIONS, 3 Credits

Provides an in-depth examination of the theory and practice of the market for corporate control, primarily focusing on mergers and acquisitions (M&A). The objective of the course is to provide an understanding of how to structure, value, and implement an M&A transaction. Students will be expected to apply the appropriate tools and skills to evaluate M&A transactions.

Prerequisite: FIN 546 with B- or better

FIN 550, FUNDAMENTALS OF FINANCIAL PLANNING, 4 Credits

Professional conduct and regulation, general financial planning principles, and education planning.

FIN 560, PRINCIPLES OF FINANCIAL PLANNING, 4 Credits

Provides an overview of professional approach to personal financial planning. Topics included are client/planner interaction, financial statement development and analysis, time value of money, cash flow and debt management, risk management, education planning, retirement planning, tax planning, estate planning, special needs planning, business entity selection and taxation, economics and external environment study, ethics and practice standards of Certified Financial Planner. Formulates a comprehensive financial plan that best fits a client while following ethics and professional responsibilities.

Recommended: BA 540

FIN 599, SELECTED TOPICS IN FINANCE, 1-4 Credits

This course is repeatable for 16 credits.

FIN 640, FOUNDATIONS OF FINANCIAL RESEARCH, 3 Credits

Provides an in-depth introduction to the foundations of financial research with an emphasis on theoretical developments and empirical research methods. Specific topics may change from quarter to quarter, but sample topics include theory of the firm, capital structure theory, dividend policy, and event study methodology.

FIN 641, CORPORATE FINANCE SEMINAR, 3 Credits

Survey classic and contemporary research in the area of corporate finance. Specific topics may change from quarter to quarter, but sample topics include capital structure, dividend policy, agency theory, adverse selection and signaling, and non-cooperative games with and without complete information.

FIN 642, CAPITAL MARKETS, 3 Credits

Surveys research on capital markets. Specific topics may change from quarter to quarter, but sample topics include asset pricing models, efficient markets vs behavioral finance, market volatility, volume, new issues market, and emerging markets.