Finance

View/Print PDF

Sandip Dutta
CHAIRPERSON
School of Business
(203) 392-7028
DuttaS2@SouthernCT.edu

Benjamin Abugri, Professor
Gene Birz, Associate Professor
Sandip Dutta, Professor
Koah Huu Nguyen, Assistant Professor
Alev Yildirim, Assistant Professor
Han Yu, Associate Professor

CONCENTRATION IN FINANCE

The concentration in finance prepares students for service as academically prepared professionals in the financial services industry and as financial officers in both the business and not-for-profit organizations. All functional areas of business are included in this specialization, along with the special awareness and higher level financial skills needed for institutional and economic development. Specializations may be taken in 1) corporation finance, 2) investment and financial markets and 3) depository institution management. Graduates of this program are prepared for employment in business, government or non-profit organizations, teaching, research, consulting, and further graduate level education.

FIN 200 - Critical Thinking in Finance

The basic concepts of financial and business decisions and structure of financial markets such as the following are covered: the Federal Reserve and the financial system, the corporate financial environment, the stock and the bond markets, the sub-prime financial crisis, financial regualtions and ethics, executive compensations, credti cards, student loans, retirement plans, international finance, and corporate social responsibility.

3 credit(s).

Last Term Offered: Spring 2021

FIN 250 - U.S. Financial Industry Through Film

Through motion pictures and documentaries, this course examines how the evolution of the American corporations and financial firms impacted our society, culture, and politics throughout history. All films are based on real events, and depict good and bad practices as well as the ethical dilemmas in the finance industry during both firm-and market-level crises. The course will also provide students with an awareness of recent events in the finance industry with a special focus on the financial markets and institutions in the U.S. The main topics that will be covered are introductions to financial decision-making, markets and institutions, managing the corporation, scandals since 1980s, 2008 financial crisis, and new developments after the crisis (e.g. Regulations, block chain technology).

3 credit(s).

Last Term Offered: Spring 2021

FIN 300 - Corporate Finance

Study of the private sector, for-profit publicly traded corporations from the standpoint of managers. Topics: basic theories and techniques of financial decision making, encompassing working capital, capital budgeting, and long term financing.

Prerequisite(s): ECO 100 or ECO 101.

3 credit(s).

Last Term Offered: Spring 2021

FIN 340 - Financial Markets and Institutions

Introduces the fundamental principles that govern financial institutions and markets, both in domestic and global economic environments. Topics discussed include: central banking and monetary policy; financial regulation; determination and structure of interest rates; market for fixed-income instruments; stock market; market for financial derivatives; exchange rates and foreign exchange market; fundamentals of commercial banking and non-bank financial institutions. As the financial industry evolves over time, the content of this course is updated dynamically in order to incorporate the new financial regulations, ongoing consolidations in the sector and also to reflect the current trends in globalization of financial services.

Prerequisite(s): ECO 100 and ECO 101.

3 credit(s).

Last Term Offered: Spring 2021

FIN 341 - Principles of Investment

An introduction to types of securities, sources of information, securities exchanges and regulations, with emphasis on equity valuation.

Prerequisite(s): FIN 300.

3 credit(s).

Last Term Offered: Spring 2021

FIN 343 - Commercial Banking

Study of depository institutions emphasizing the application of finance theories covering asset and liability policies, opportunities, and the problems of deregulation.

Prerequisite(s): FIN 340.

3 credit(s).

Last Term Offered: Fall 2020

FIN 346 - Financial Risk Management

Provides undergraduate students with an introduction to risk management in financial institutions, specifically at commercial banks and bank holding companies. Covers all major risks including market risk, interest rate risk, liquidity risk, credit risk, and operations risk. Students also gain an understanding on how recent regulations impact banks' risk management practices and the financial system.

Prerequisite(s): FIN 340 and FIN 341.

3 credit(s).

Last Term Offered: Fall 2020

FIN 347 - International Financial Management

A study of the financial issues faced by a firm operating in a multinational environment. Topics include: balance of payments concepts, exchange rates theories, currency markets, corporate treasury management, capital budgeting, international cost of capital, risk management, derivatives, security markets and their valuations.

Prerequisite(s): FIN 300.

3 credit(s).

Last Term Offered: Spring 2021

FIN 348 - Personal Financial Planning

Examines the principal financial issues facing an individual in today’s complex financial environment. The course enables students to make informed decisions in the context of their own specific situations so that the chance of success is maximized and risks are minimized. Focus is on practical strategies that produce results. Areas of study include budgeting, taxation, managing credit, investments, health, life, disability, and long-term care insurance; retirement and estate planning.

Prerequisite(s): ECO 100 and ECO 101.

3 credit(s).

Last Term Offered: Spring 2020

FIN 398 - Special Topics in Finance

Examination of developments, issues, and current ideas in the field of business administration, which are pertinent to finance.

3 credit(s).

Last Term Offered: Summer 2019

FIN 400 - Behavioral Finance

The objective of the course is to provide an introduction to behavioral finance theory, which complements the traditional finance paradigm. To achieve this, the course will introduce students to various psychological biases documented by research in experimental psychology and how these biases affect investors’ decision-making and financial markets. It will also provide valuable insight into the origins of financial bubbles and crashes such as the dot-com bubble as well as, the recent financial crisis. Finally, the course will introduce students to current empirical methods in investments and behavioral finance.

Prerequisite(s): FIN 300

3 credit(s).

Last Term Offered: Fall 2020

FIN 401 - Financial Modeling

Provides a capstone setting in which students will analyze and solve a diverse set of finance problems by developing spreadsheet models. The course will help develop critical and analytical thinking skills and make students proficient in researching and utilizing financial data. The course will also help students to gain a good command of spreadsheet software such as Excel.

Prerequisite(s): FIN 300.

3 credit(s).

Last Term Offered: Spring 2021

FIN 432 - Advanced Corporate Finance

An in-depth application of the theories of corporate finance through case studies. Provides students with the empirical methods and qualitative skills to gain expertise in solving issues related to corporate finance. Students work on cases on topics such as valuation models, capital budgeting, cost of capital, capital structure, mergers and acquisitions, distributions to shareholders and initial public offerings.

Prerequisite(s): FIN 300 and FIN 341.

3 credit(s).

Last Term Offered: Spring 2021

FIN 435 - Business Valuation

Introduces the techniques that are required for measuring and assessing the value of projects and firms. Provides students with an in-depth exposure to corporate financing decisions with emphasis on the impact of such decisions on firm value. Involves case discussions and excel based analytical assignments.

Prerequisite(s): FIN 300.

3 credit(s).

Last Term Offered: Spring 2021

FIN 446 - Quantitative Methods in Financial Risk Management

Introduces financial risk management principles, with an emphasis on implementation of such principles and their applications on real cases. Presents standard market, credit and liquidity risk measurement techniques. Students study risk management techniques from the viewpoint of financial intermediaries, investment banks, hedge funds, and financial regulators.

Prerequisite(s): MAT 221 or ECO 270; MAT 125 or MAT 150; FIN 341 and FIN 346 .

3 credit(s).

Last Term Offered: Spring 2021

FIN 450 - Finance Capstone

Review of finance concepts in a capstone setting; exposure to global financial issues/trends; application of finance concepts on real world problems; exposure to ethical and other challenging issues in finance, some of which result in social cost; discussion of contemporary issues in finance.

Prerequisite(s): FIN 300 and classes; 6 of 8 Tier 2 complete(Honors Coll.: 15 cr. HON or 45 cr. total), and prior or concurrent completion of all Tier 1 (Honors Coll.: T1MC and T1QR only).

3 credit(s).

Last Term Offered: Spring 2021

FIN 457 - Real Estate Finance

A study of financial and investment problems related to real estate. It develops an understanding of related financial institutions, types of financial instruments, functioning of mortgage markets, and law and regulations concerning real estate financing.

Prerequisite(s): ACC 200, FIN 345, and MGT 240.

3 credit(s).

Last Term Offered: Summer 2016

FIN 458 - Seminar in Real Estate

A comprehensive, case-based analysis of practice of real estate. The course will build on the theoretical concepts developed in principles of real estate and real estate finance to provide an in-depth analysis of interesting cases in all areas of housing and real estate markets. The topics may include but not be limited to: how institutional investors view real estate, investing in REITS, commercial leases, households’ decision to rent vs. buy housing, affordable housing development, urban planning, real estate project feasibility analysis, risk management in commercial real estate, investments in REITS vs. properties.

Prerequisite(s): FIN 345 and FIN 457

3 credit(s).

Last Term Offered: not yet offered

FIN 460 - Treasury Management

Examines the treasury management function of an enterprise in both the public and private sectors. Topics include cash, receivables, payables, and short-term debt management as well as an introduction to e-commerce. The course is required for the Certified Treasury Professional examination of the Association for Financial Professionals.

Prerequisite(s): FIN 300.

3 credit(s).

Last Term Offered: Spring 2021

FIN 470 - Practicum of Investing

Students are part of the investment management team of student-run investment portfolio funded by the SCSU Foundation (The Ad Astra Fund). This lab course can be taken once for credit in the finance sequence. Subsequent registrations will count as elective courses repeatable up to 9 credits. This course is a practical application of the theories learned in the classroom. Grading on pass/fail basis.

Special Information: Course may be repeated for credit 2 times.

Prerequisite(s): FIN 300 and GPA 3.0 or better. Corequisite FIN 341 and departmental permission.

3 credit(s).

Last Term Offered: Spring 2021

FIN 480 - Introduction to Futures and Options

This is an introductory course on financial derivatives. Most financial risks are managed using derivative instruments such as options, futures and swaps. The values of these assets are derived from the values of other mainstream financial assets such as stocks, bonds, etc., hence the name. This course presents a conceptual framework for understanding the pricing mechanism associated with derivative instruments and for designing risk management strategies using the same.

3 credit(s).

Last Term Offered: Fall 2020

FIN 497 - Internship

A supervised internship in business or government with the application of finance to problems of enterprise administration. Bi-weekly reporting to the faculty supervisor is necessary.

Prerequisite(s): Senior status and departmental permission.

3 credit(s).

Last Term Offered: Spring 2020

FIN 499 - Independent Study

Research of a high quality meeting the standards of the department faculty director.

Prerequisite(s): Senior status and departmental permission.

1 to 3 credit(s).

Last Term Offered: Spring 2020