Finance Courses

FN 5025. Foundations of Finance (3) DO/MBA program or Health Care Leadership concentration only. Course explores financial concepts at work in various healthcare organizations, and introduces tools and methodologies available to the financial manager. Future physicians and health care providers learn to protect asset value through portfolio management, and understand what incentives motivate managed care institutions and hospitals in negotiations with physicians. Students perform a financial audit and engage in a financial simulation.

FN 6100. Financial Policy (3) Course examines and applies important theories, tools, and concepts of corporate finance through various learning opportunities: cases, company projects, problem solving exercises and simulations. Each student is exposed to and applies knowledge to current financial topics through discussion and assignments on his/her firm's major financial activities. Prerequisite: FN 3000 or equivalent.

FN 6400. Options and Futures (3) Course overviews the financial derivatives and commodity derivatives markets, the instruments traded in these markets (options, futures, swaps and exotics) and the principles underlying price determination of derivative instruments. Option valuation models such as the Black-Scholes model is extensively discussed. The focus of the course is on financial engineering-the use of derivatives in managing risk. Management of interest rate risk, equity risk, currency risk, commodity price risk and derivatives risk is covered. Modern tools of risk management such as Value at Risk (VAR) is extensively discussed. Prerequisite: FN 6100 or equivalent (ACFN 6001).

FN 6430 (AC 6430). Contemporary Issues in Financial Management (3) Course examines the modern practices and methods used in accounting and finance. Topics will include cash and working capital management, key financial metrics, making a business case, capital acquisition, joint ventures, mergers and acquisitions, risk assessment and management, and new valuation models and financial products. Students taking this course for graduate credit must complete additional work on an accelerated level appropriate for such graduate credit. Prerequisite: AC 6000 or FN 6100 or equivalent (ACFN 6001).

FN 6450. Financial Statement Analysis (3) Course addresses the quality of accounting information and analysis and interpretation of financial information. Emphasis is placed on key decisions requiring information from these statements. Topics include analysis and interpretation of financial ratios and measures for investment and company management. Prerequisites: AC 6000 and FN 6100 or equivalent (ACFN 6001).

FN 6500. International Finance (3) Course addresses both theory and application of international finance. Emphasis is placed on foreign exchange management, including foreign exchange markets and instruments, measuring of foreign exchange exposure, and hedging open foreign exchange positions. Multi-national capital budgeting, Eurocurrency and international bond markets are also discussed. Prerequisite: FN 6100 or equivalent (ACFN 6001).

FN 6550. Financial Planning (3) Course examines the individual's ability to make optimum use of financial resources in light of today's environment and the specific situation. This course introduces and discusses many of the principles and factors associated with the Certified Financial Planning field, including sources of money, managing personal income and expenses, tax planning, goal setting and various investment vehicles. Prerequisite: FN 6100 or equivalent (ACFN 6001).

FN 6600. Investments (3) Course explores how securities markets work, and how individual investors employ systematic methodologies to accomplish investment objectives. Topics include environmental analysis, evaluation of equities, analysis of fixed income securities, fundamental and technical analysis of the stock market and capital market theory. Prerequisite: FN 6100 or equivalent (ACFN 6001).

FN 6700. Financial Markets and Institutions (3) Course examines the financial and derivatives markets, and the institutional environment in which these markets operate. Instruments traded in these markets (stocks, bonds, currencies, options, futures, swaps, etc.), as well as principles underlying the price determination of each instrument, are covered. The course also covers Asset Liability Management (ALM) for banks and credit risk management. Prerequisite: FN 6100 or equivalent (ACFN 6001).

FN 6825. Health Finance for Non-Finance Professionals. (1) Course introduces students to the interrelationships of accounting statements, the basic accounting cycle, and how accounting can be used for budgeting purposes. Students build and employ accounting spreadsheets to reflect the classification of investment, financing, and operating activities for health care organizations.

FN 7100. Financial Management (3) Executive Fellows Program only. Course enables student to complete an accounting and finance project by assessing his or her own organization. Students also practice accounting and financial decision-making at a senior-management level, using a financial simulation, and cover the theories and tools, and develop the skills necessary to understand finance from a senior management/leadership perspective. The project and simulation will allow the student to practice and learn about all the finance functions including treasury and cash management, capital budgets, pro forma financial statements, capital structure, working capital and growth issues.