Albers School of Business and Economics
Course Descriptions

Finance

  • Albers course information comes from Seattle University's 2012-2013 Graduate Catalog. All graduate courses are 3 credits, unless otherwise noted. Syllabi information is for reference only. Information may not be current.

    FINC 532 Personal Financial Planning

    Objective is to expose students to the various elements involved in formulating a comprehensive financial plan. Topics included will be personal investing, education planning, retirement planning, risk management, and consumer finance. Prerequisite: MBA 507.

    FINC 538 Financial Statement Analysis and Security Valuation

    This course integrates principles from accounting and finance in the joint processes of: (1) unraveling published financial statements in order to generate pro-forma financial statements; and (2) applying rigorous models to estimate the fair value of the anticipated future streams of cash and earnings.  Emphasis throughout the course is on using data drawn from actual financial reports to make decisions that professional analysts make under time and competitive pressures. Participants work in team and are required to communicate their recommendations to "investors" both verbally and in writing. Cross listed with ACCT 538. Recommended after completion of MBA 515. Minimum prerequisite: ACCT 531 and MBA 507.

    FINC 540 Investments

    Introduction to the theory of investment valuation, including expected rates of return and risk in the financial markets; review of empirical research on the risk/return relationship, and the behavior of securities prices (e.g., stocks, bonds, futures and options). Prerequisites: MBA 500, 503, 506 and 507.

    FINC 542 Valuation of Derivatives

    The valuation of derivative instruments, such as forward and future contracts, swaps, and options, used in hedging and risk management. Prerequisite: FINC 540.

    FINC 544 Financial Institutions and Markets

    Structure of US money and capital markets, the impact of monetary and fiscal policies on the funds flows and interest rates in these markets, and the policies of financial institutions participating in these markets. Prerequisites: MBA 500, 503, 505, 506 and MBA 507.

    FINC 546 Finance for International Business

    Reviews theoretical concepts, practical techniques, institutions, and issues related to the management of financial aspects of international business. Includes topics such as globalization of trade and financial markets, exchange rates, currency exposures and hedging techniques, and valuation of cross-border investments. Prerequisite: MBA 515.

    FINC 549 Corporate Investment Decisions

    Focus on the process of capital budgeting: the decision area of financial management that establishes criteria for investing resources in long-term projects. The decisions made regarding the acquisition, maintenance, or abandonment of capital assets plus certain financial decisions such as lease vs. buy are analyzed. Focus on the capital budgeting process under uncertainty and the connection with strategic planning. Prerequisite: MBA 515.

    FINC 550 Financial Risk Management

    Risk management applications of derivative instruments in corporate, investments, and financial institution settings. Case analyses. Topics in financial engineering. Prerequisite: FINC 542 and MBA 515.

    FINC 551 Entrepreneurial Finance

    Course examines financing options available to an entrepreneurial venture as well as the financial management of the small business. Financing sources follow the life cycle of the business from start-up through angel investors, venture capital, bank lending, leasing, asset based lending, and franchising to the IPO. Focus is on methods of valuation used in entrepreneurial finance. Prerequisite: MBA 515.

    FINC 552 Portfolio Management

    Course emphasizes portfolio construction rather than security selection. Topics include setting portfolio objectives and constraints for individual and institutional investors, efficient diversification, asset allocation, style analysis, international diversification, performance measurement, and attribution. Prerequisite: FINC 540.

    FINC 553 Advanced Topics in Investments

    Examination of advanced current topics and issues in investments using a seminar approach. The course involves readings, discussions, applications, and case studies on selected topics. Prerequisite: FINC 540.

    FINC 554 Real Options Analysis

    This course presents the motivation and the methods for applying real option analysis (ROA). Real option analysis applies the financial models developed to value financial or stock options to real investment opportunities facing the firm.  For example, we will be applying real option analysis to value new product development, R&D activity, patents, and other investment opportunities. Prerequisite: MBA 515.

    FINC 555 Fixed Income Analysis

    This course is designed to provide the student with an understanding of the valuation and risk management concepts in the fixed income markets. A variety of fixed income securities will be discussed. These include pure discount bonds, coupon bonds, callable bonds and home mortgages. Interest rate derivatives (e.g. forwards and futures on fixed income securities, bond options, caps and floors) will also be discussed. In addition to learning the models for pricing a variety of fixed income securities, we will also study some tools that are useful in bond portfolio management, including the construction of discount function, duration, and convexity measures for risk management. The course involves a mix of lectures, cases, and computer exercises. Prerequisite: FINC 540 and FINC 542.

    FINC 557 Hedge Funds

    The course offers an in-depth study on the theory and management of hedge funds. It covers various alternative investment strategies including relative-value, event-driven, equity hedge, tactical trading, and multi-strategy funds/fund of funds. It will pay particular attention to performance evaluation as well as issues at the operational level, such as fees and compensation, leverage, and risk management. Students will be provided with both the academic and practitioner perspective of the hedge fund industry. FINC 552 recommended. Prerequisite: FINC 540.

    FINC 565 Valuation for Financial Reporting

    This course develops an integrated knowledge of accounting and finance and provides a financial reporting perspective for fair value- related issues. Topics will relate to the accounting for business combinations and asset impairments including the recognition and valuation of intangibles and contingencies, stock compensation accounting, derivatives accounting including assessing hedge effectiveness and the accounting for hybrid financial instruments. Cross-listed with ACCT 565. Prerequisites: MBA 501, 515, FINC/ACCT 538, FINC 542, ACCT 531, 532, 533, 2 of FINC 549, 550, 554.

    FINC 580 Cases in Managerial Finance

    Cases in business finance that develop students skills for identifying problems, acquiring relevant material, and using appropriate financial theory for making decisions in simulated business settings. Serves as a capstone course for MSF program and should be taken during the last two quarters of the program. Prerequisites: FINC 542 and FINC 549.

    FINC 591 - 593 - Special Topics Courses

    See administrative office for prerequisites and course descriptions.

    FINC 594 International Study Tour: Finance

    The study of financial, economic, and business environment of a foreign country. Course will include travel to the country to observe activities and conditions and to meet with representatives of businesses and other institutions. Location of tour can vary. Check with the department for details.

    FINC 595 Internships

    For more about internships, click here

    FINC 596 Independent Study

    Independent study. Individualized reading and reporting on a specific topic approved by an instructor. The program of study and conference times must total 30 hours of study and contact hours for every one-credit taken. Grading option negotiated with instructor for CR/F or letter grade (student option). (1 - 3 credits)

    FINC 599 Research Paper