2018-2019

Finance (FIN)

Courses

FIN 201. Financial Management. 3 Credit Hours.

This course deals with the financial management of the business enterprise and the role of the financial manager in value creation. Major topics include the time value of money, risk and return, security valuation, capital budgeting, cash and liquidity management, management of current liabilities, dividend policy, cost of capital, capital structure policy and the evaluation of alternative methods of financing.
Pre/Corequisites: MATH 201 or AM 231
Prerequisites: ACG 203 and GFOB 100
Session Cycle: Fall, Spring, Summer
Yearly Cycle: Annual.

Fall 2018FIN 201A1468TTh2:00pm - 3:15pm(A. Inci)
Fall 2018FIN 201B1469MWF10:00am - 10:50am(J. Koplik)
Fall 2018FIN 201C1470TTh12:30pm - 1:45pm(A. Inci)
Fall 2018FIN 201D1471MWF8:00am - 8:50am(M. Derderian)
Fall 2018FIN 201E1472MWF10:00am - 10:50am(M. Derderian)
Fall 2018FIN 201F1473TTh9:30am - 10:45am(J. Trifts)
Fall 2018FIN 201FE1474W6:30pm - 9:10pm(J. Fellingham)
Fall 2018FIN 201G1475MWF9:00am - 9:50am(M. Derderian)
Fall 2018FIN 201H1476MWF11:00am - 11:50am(M. Dowling)
Fall 2018FIN 201I1786TTh2:00pm - 3:15pm(J. Fellingham)
Spring 2019FIN 201A3449MWF8:00am - 8:50am(M. Dowling)
Spring 2019FIN 201B3450MWF1:00pm - 1:50pm(M. Dowling)
Spring 2019FIN 201C3451TTh12:30pm - 1:45pm(J. Fellingham)
Spring 2019FIN 201CE3452T6:30pm - 9:10pm(J. Koplik)
Spring 2019FIN 201D3453TTh11:00am - 12:15pmTBD
Spring 2019FIN 201E3454MWF12:00pm - 12:50pm(C. Zheng)
Spring 2019FIN 201F3455MWF10:00am - 10:50am(M. Derderian)
Spring 2019FIN 201G3456TTh2:00pm - 3:15pm(J. Fellingham)
Spring 2019FIN 201H3457MWF9:00am - 9:50am(M. Dowling)
Spring 2019FIN 201HN3458TTh2:00pm - 3:15pm(J. Trifts)
Spring 2019FIN 201I3459MWF1:00pm - 1:50pm(J. Koplik)
Spring 2019FIN 201J3460MWF8:00am - 8:50am(M. Derderian)
Spring 2019FIN 201K3461TTh11:00am - 12:15pm(J. Trifts)
Summer 2019FIN 201SE4110MW6:30pm - 9:10pmTBD

FIN 201G. Global Dimensions of Financial Management. 3 Credit Hours.

This course deals with the financial management of the business enterprise and the role of the financial manager in value creation. The focus of this course is the increasing global dimension that the financial managers must address. Major topics include the time value of money, risk and return, security valuation, capital budgeting, cash and liquidity management, management of current liabilities, dividend policy, cost of capital, capital structure policy and the evaluation of alternative methods of financing. While this course deals with common finance problems, these problems are analyzed in a broader context with an international emphasis. Sophomore standing is required.
Pre/Corequisites: MATH 201
Prerequisites: BSIB major, ACG 203, and GFOB 100G
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 201GA1477TTh3:30pm - 4:45pm(C. Zheng)
Fall 2018FIN 201GB1478TTh11:00am - 12:15pm(C. Zheng)
Fall 2018FIN 201GC1479TTh9:30am - 10:45am(H. Saraoglu)
Fall 2018FIN 201GHN1480TTh12:30pm - 1:45pm(J. Trifts)
Spring 2019FIN 201GA3462MWF10:00am - 10:50am(C. Zheng)

FIN 311. Forecasting for Decision Making. 3 Credit Hours.

In this course students are introduced to the development of economic and financial forecasts for decision-making. Particular attention is given to the correlation of short term economic forecasts to sales trends in basic industries, interest rate levels, hot money movement, export-import balances, flow of funds, and true stock market performance. Financial models and statistical software will be used.
Pre/Corequisites: MATH 201 and FIN 312
Session Cycle: Fall, Spring
Yearly Cycle: Varies.

FIN 312. Investments. 3 Credit Hours.

This course offers a broad perspective on investment objectives and determinants of investment decision making. Students are introduced to the characteristics of different investment vehicles, the function and operation of the markets in which they trade, measurement of returns and risks associated with investing, and analytical pricing techniques of investment securities. Portfolio management is introduced as a framework for developing security-pricing models. This course is held in the state-of-the-art Financial Market Center (FMC), an environment which exposes students to real-time financial information and enables them to practice with tools that operate on such information to solve typical problems faced by financial professionals.
Prerequisites: FIN 201 and MATH 201
Session Cycle: Fall, Spring, Summer
Yearly Cycle: Annual.

Fall 2018FIN 312A1481TTh9:30am - 10:45am(D. Louton)
Fall 2018FIN 312B1482TTh12:30pm - 1:45pm(D. Louton)
Fall 2018FIN 312C1483MWF9:00am - 9:50am(J. Koplik)
Fall 2018FIN 312CE1484T6:30pm - 9:10pm(B. Flaherty)
Fall 2018FIN 312FE1485W6:30pm - 9:10pm(C. Coutinho)
Spring 2019FIN 312A3463MWF10:00am - 10:50am(D. Louton)
Spring 2019FIN 312AE3467M6:30pm - 9:10pm(C. Coutinho)
Spring 2019FIN 312B3464MWF11:00am - 11:50am(D. Louton)
Spring 2019FIN 312C3465TTh2:00pm - 3:15pm(A. Inci)
Spring 2019FIN 312CE3466T6:30pm - 9:10pm(B. Flaherty)
Summer 2019FIN 312SE4111TTh6:30pm - 9:10pmTBD

FIN 315. Financial Institutions and Markets. 3 Credit Hours.

This course is an introduction to the American financial system including banks, insurance companies and the capital market institutions. Considered are the various aspects of financial instruments, institutions, and markets, as well as the economic, technological and legal framework in which they operate.
Prerequisites: FIN 201
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 315A1486MWF12:00pm - 12:50pm(J. Koplik)
Fall 2018FIN 315B1487TTh12:30pm - 1:45pm(V. Jarosiewicz)
Fall 2018FIN 315C1488MWF1:00pm - 1:50pm(J. Koplik)
Fall 2018FIN 315D1489TTh11:00am - 12:15pm(V. Jarosiewicz)
Spring 2019FIN 315A3468TTh3:30pm - 4:45pm(V. Jarosiewicz)
Spring 2019FIN 315B3469MWF11:00am - 11:50am(J. Koplik)
Spring 2019FIN 315C3470MWF10:00am - 10:50am(J. Koplik)
Spring 2019FIN 315FE3471W6:30pm - 9:10pm(V. Jarosiewicz)

FIN 340. Microfinance. 3 Credit Hours.

This course provides a unique opportunity to explore the role of microfinance in economic development, both from a theoretical and practical view point. Students will study the various contributions to economic development, wealth creation and social venture capitalism.
Prerequisites: FIN 201 or FIN 201G and junior standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Spring 2019FIN 340A3472TTh2:00pm - 3:15pm(A. Ascioglu)

FIN 362. Capital Budgeting and Financial Strategies. 3 Credit Hours.

This is an advanced course in the theory and practice of long-term financial management. The purpose of this course is to extend the student's understanding of the material initially discussed in FIN 201 and to fill in gaps in understanding of various theories of modern financial management. Potential topics include value creation and value-driven management, advanced topics in capital budgeting, the international aspects of long term financial management, options in corporate finance, capital structure theory and dividend policy, lease analysis, mergers and the market for corporate control, and financial engineering. Case analysis and computer-based problem solving are important components of this course.
Prerequisites: FIN 201
Session Cycle: Spring
Yearly Cycle: Varies.

FIN 368. Multinational Finance. 3 Credit Hours.

This course examines methods of managing the financial aspects of multinational corporations. After reviewing the international monetary system, international finance, and international money and capital markets, students study financial policies and strategies of multinational corporations. Topics include the methods and process of financing international trade, hedging and arbitrage, risk analysis, and insurance and guarantee program. Also considered are the application of capital budgeting techniques and working capital management for foreign investments and tax considerations in making multinational financial decisions.
Prerequisites: FIN 201
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 368A1490TTh12:30pm - 1:45pm(H. Saraoglu)
Spring 2019FIN 368A3473MF12:30pm - 1:45pm(H. Saraoglu)
Spring 2019FIN 368B3474MF2:00pm - 3:15pm(H. Saraoglu)
Spring 2019FIN 368C3475MF11:00am - 12:15pm(H. Saraoglu)

FIN 370. Financial Statement Analysis. 3 Credit Hours.

This course is designed to prepare students to be more critical consumers of financial information. The focus of the course is the detailed understanding of financial information and how it can be used to make judgments about firm value. A central theme of the course is the role of management and strategy in presenting financial information. While this course will necessarily include some review of how financial statements are prepared, the emphasis is on how critical users can discover the "truth" about the firm and its industry.
Prerequisites: ACG 203, FIN 201 or FIN 201G and sophomore standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 370A1491TTh2:00pm - 3:15pm(J. Trifts)
Fall 2018FIN 370B1492TTh3:30pm - 4:45pm(V. Jarosiewicz)
Spring 2019FIN 370A3476TTh9:30am - 10:45am(V. Jarosiewicz)
Spring 2019FIN 370B3477TTh3:30pm - 4:45pm(J. Trifts)

FIN 380. Financial Modeling. 3 Credit Hours.

In this course students analyze and solve a diverse set of finance problems through the development of spreadsheet models concerning loan amortization, lease analysis, capital budgeting and risk analysis, cash budgeting, options pricing, capital asset pricing, and portfolio management. The course emphasizes the development of critical thinking skills, proficiency in research and use of financial data, and command of spreadsheet software such as Microsoft Excel.
Pre/Corequisites: FIN 312
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 380A1493MWF11:00am - 11:50am(D. Ketcham)
Fall 2018FIN 380B1494MWF12:00pm - 12:50pm(D. Ketcham)
Fall 2018FIN 380C1495MWF9:00am - 9:50am(D. Ketcham)
Spring 2019FIN 380A3478MWF10:00am - 10:50am(D. Ketcham)
Spring 2019FIN 380B3479MWF9:00am - 9:50am(D. Ketcham)

FIN 381. Risk Management and Insurance. 3 Credit Hours.

Non-speculative risk and its management are the focus of this course. Students consider the identification and measurement of risk, models of risk management and applications of different types of insurance. Self- insurance and applications of purchased insurance product strategies are explored.
Prerequisites: FIN 201 and MATH 201
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 381A1496MWF1:00pm - 1:50pm(M. Derderian)
Spring 2019FIN 381A3480MWF12:00pm - 12:50pm(M. Derderian)

FIN 383. Real Estate Finance. 3 Credit Hours.

This course is a study of instruments, methods, and institutions involved in real estate finance. Students examine the financial techniques of risk and return evaluation, as well as the changes in mortgage market and economic environment. Emphasis is placed upon business real estate.
Prerequisites: FIN 201 and junior standing
Session Cycle: Spring
Yearly Cycle: Annual.

Spring 2019FIN 383A3481MWF12:00pm - 12:50pm(M. Dowling)

FIN 391. Finance Internship. 3 Credit Hours.

Finance internships give students the opportunity for supervised employment in an area where they can apply financial theories and principles. Interns work at least ten hours a week, meet periodically with a supervising faculty member, do research on their field of employment, and prepare a substantive report on work experience and research.
Prerequisites: Overall G.P.A. of 2.5 or greater, FIN 312, approval of a supervising faculty member, and approval of the department chair.

FIN 413. Multinational Business Simulation. 3 Credit Hours.

This course involves a semester-long computer simulation in which the participants, working together in small teams, play the management roles of competing multinational firms. Though the course heavily emphasizes finance, marketing, and production decision making, participants will need to master all aspects of running an enterprise. The course offers many noteworthy features: international scope, strategic focus, lots of written and oral communication, considerable analytic work using spreadsheets and various statistical packages, and coping with sticky ethical and environmental issues. Students will develop leadership, as well as team building skills. This course is cross-listed with BUS 413, MGT 413 and MKT 413.
Prerequisites: FIN 201, MKT 201 and senior standing
Session Cycle: Fall
Yearly Cycle: Annual.

FIN 450. Securities Analysis. 3 Credit Hours.

This is the first course in a two course sequence intended to serve as a capstone experience for students majoring in finance with a focus in investments. Students will learn the basic techniques of securities analysis. These skills will be honed through analysis of real firms, and presentations to audiences which include investments professionals. Even students who do not complete the second course in the sequence should derive significant educational benefits from this course. In addition, the professional polish gained through the experiential facets of the course should render graduates more attractive to employers. This course is held in the state-of-the-art Financial Markets Center (FMC) an environment that exposes students to real-time financial information and enables them to practice with tools that operate on such information to solve typical problems faced by financial professionals.
Prerequisites: FIN 312, Junior standing and approval of instructor are required
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 450AE1497M6:30pm - 9:10pm(C. Goolgasian)
Fall 2018FIN 450AE1497Th6:30pm - 8:00pm(C. Goolgasian)
Spring 2019FIN 450AE3482M6:30pm - 9:10pm(C. Goolgasian)
Spring 2019FIN 450AE3482Th6:30pm - 8:00pm(C. Goolgasian)

FIN 454. Portfolio Management. 6 Credit Hours.

This is the second course in a two course student managed investment fund sequence which is intended to serve as a capstone experience for students majoring in finance with a focus in investments. Students will learn the basic tools and techniques of portfolio management such as asset allocation, diversification, security selection, measurement of portfolio risk and return, risk management and performance measurement. These skills will be honed through management of the Bryant University student managed fund, interaction with student securities analysts, and presentations to audiences which include investments professionals. A high level of professionalism will be required of all students admitted to this course. This course is held in the state-of-the-art Financial Markets Center (FMC), an environment that exposes them to practice with tools that operate on such information to solve typical problems faced by financial professionals.
Prerequisites: FIN 450
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 454A1498Th6:30pm - 8:00pm(J. Fellingham)
Fall 2018FIN 454A1498TTh11:00am - 12:15pm(J. Fellingham)
Spring 2019FIN 454A3483Th6:30pm - 8:00pm(J. Fellingham)
Spring 2019FIN 454A3483TTh11:00am - 12:15pm(J. Fellingham)

FIN 457. Equity and Commodity Derivative Securities. 3 Credit Hours.

In this course students are introduced to exchange traded and over-the-counter options, futures and other derivative securities. Development of pricing models from arbitrage arguments are used as the basis for identifying speculative and hedging applications involving equity securities and commodity options and futures. Applications of derivatives on equity securities in investments and corporate financial management are developed.
Prerequisites: FIN 312 and junior standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

FIN 458. Debt Securities, Derivatives and Investing. 3 Credit Hours.

The analysis, selection and management of debt securities are the topics in this course. The increasing complexity of the types and characteristics of debt securities being issued globally requires special analysis, along with an understanding of options and futures concepts. This course exposes students to the analytical concepts used in the fixed income market, and provides concrete practical applications of those concepts to the analysis of securities for pricing and risk management purposes.
Prerequisites: FIN 312 and Junior standing
Session Cycle: Fall, Spring
Yearly Cycle: Annual.

Fall 2018FIN 458A1499TTh9:30am - 10:45am(K. Maloney)
Spring 2019FIN 458A3484TTh9:30am - 10:45am(K. Maloney)

FIN 460. Corporate Finance: Theory and Practice. 3 Credit Hours.

In this capstone class, students undertake a detailed study of long-term financial management. Using an overarching theme of value creation, students will examine such topics as capital budgeting, capital structure, leasing, project financing, corporate valuation, real options, mergers and acquisitions, LBOs, MBOs, dividend policy, hedging and managerial compensation. By employing a case study approach focusing on complex problems, students gain a deeper understanding of corporate forecasting, capital budgeting, cost of capital analysis, and the financing of capital investments.
Prerequisites: FIN 201 or FIN 201G, FIN 312 and junior standing
Session Cycle: Spring
Yearly Cycle: Annual.

Spring 2019FIN 460A3485MWF12:00pm - 12:50pm(D. Ketcham)

FIN 465. Innovations in Contemporary Finance. 3 Credit Hours.

Contemporary finance is a highly quantitative and technological field. The performance of global investments are evaluated and managed by increasingly more complex mathematical tools. This survey course will provide students the fundamental steps of technical and financial sophistication they need to solve critical problems and will develop their ability to successfully understand and communicate with industry professionals and investment clients both in the U.S. and around the world. The students will learn about the process of financial engineering. The course will utilize advanced mathematical methods.
Prerequisites: FIN 201 and FIN 312
Session Cycle: Fall and Spring
Yearly Cycle: Annual.

Fall 2018FIN 465CE1500T6:30pm - 9:10pm(A. Inci)
Spring 2019FIN 465A3486TTh12:30pm - 1:45pm(A. Inci)
Spring 2019FIN 465B3487TTh9:30am - 10:45am(A. Inci)

FIN 466. Data Analysis for Finance. 3 Credit Hours.

This course introduces students to a variety of tools for managing and analyzing “big data” in the field of finance. Finance benefits from the availability of very rich numerical and textual records, and the goal is to provide students with sufficient exposure to these resources to understand their applicability to financial decision making situations, while at the same time providing familiarity with a set of open source analytical tools that can make such sources accessible.
Prerequisites: ACG 203, FIN 201, and MATH 201 and Junior standing
Session Cycle: Spring
Yearly Cycle: Annual.

Fall 2018FIN 466A1466TTh2:00pm - 3:15pm(D. Louton)
Spring 2019FIN 466A3488MWF1:00pm - 1:50pm(D. Louton)

FIN 475. Management of Banking Institutions. 3 Credit Hours.

This course explores the theory and practice of managing depository institutions in today's dynamic banking environment. The course examines asset and liability management strategies and impacts on profitability of depository institutions.
Prerequisites: FIN 201 and senior standing
Session Cycle: Spring
Yearly Cycle: Annual.

Fall 2018FIN 475A1501TTh8:00am - 9:15am(P. Nigro)
Spring 2019FIN 475A3489TTh8:00am - 9:15am(P. Nigro)

FIN 480. Archway Fixed Income Portfolio Management. 3 Credit Hours.

This course is an experiential portfolio management class focused on Fixed Income Markets. The course is part of the Archway program and students participate in the activities of the overall program. The central activity in the course is the management of the fixed income allocation within the Archway Investment Fund (AIF) according to the guidelines and constraints outlined in the Investment Policy Statement that governs the portfolio.
Prerequisites: FIN 458 and junior standing
Session Cycle: Fall,Spring
Yearly Cycle: Annual.

Fall 2018FIN 480A1502TTh12:30pm - 1:45pm(K. Maloney)
Spring 2019FIN 480A3490TTh11:00am - 12:15pm(K. Maloney)

FIN 497. Directed Study in Finance. 3 Credit Hours.

This course allows senior finance concentrators to do in-depth study or research under the direction of a member of the Finance Department.
Prerequisites: FIN 201, FIN 311 or FIN 380, FIN 312 and an overall GPA of 3.0 or greater, approval of a supervising faculty member, and approval of the department chair.

FIN ST300. Special Topics in Finance Financing the Supply Chain. 3 Credit Hours.

In this survey course students are introduced to the management of funds that flow behind goods and services traded around the world. Students will examine the tools, challenges, developments and opportunities of the field. In 1973 world merchandise exports were a mere $579 billion, by 2010 the figure was almost $15 trillion while by 2015 it had jumped to $19 trillion. The advent of globalization and the economic development of emerging countries have created nothing short of a revolution in the physical supply chain. A similar change has taken place in the financing side. Students will learn about commodity hedging, letters of credit, open accounts, export insurance and factoring; as well as understanding how working capital management affects the GSC.
Prerequisites: FIN 201 or FIN 201G and MGT 201 or MGT 201G.

Fall 2018FIN ST300A1503TTh3:30pm - 4:45pm(J. Weinstein)