Finance and Business Economics courses

BUSI 7010 FINANCE THEORY I: ASSETS VALUATION
FINANCE THEORY I: ASSETS VALUATION
credit hours: 3

BUSI 7020 FINANCE THEORY II: FINANCIAL STRUCTURE AND INSTITUTION
FINANCE THEORY II: FINANCIAL STRUCTURE AND INSTITUTION
credit hours: 3

BUSI 7030 EMPIRICAL RESEARCH IN ACCOUNTING AND FINANCE
EMPIRICAL RESEARCH IN ACCOUNTING AND FINANCE
credit hours: 3

FINE 2200 Energy Markets, Economics, and Policy
Energy Markets, Economics, and Policy
The course covers a range of energy-related topics including major challenges and policy issues facing the industry, history of the industry, company profiles and strategies, energy economics, energy regulatory environment, energy markets, energy technology, and the environment and sustainable development. An executive speaker series is an integral component of the course. Students must complete a group paper and presentation as well as an individual paper on an energy subject jointly agreed to by the professor and the student.
Pre-requistites: ECON 1020 or 1040, sophomore standing or above.
credit hours: 3

FINE 3010 Financial Management
Financial Management
This course provides an introduction to finance for students aspiring to careers in financial management. It also provides a general understanding of finance for other students. The course covers time value of money and the valuation of stocks, bonds, and real investment projects.
Notes: This is a required course in the A. B. Freeman School of Business Core Curriculum.
Pre-requistites: ACCN 2010, MATH 1140, MATH 1150, ECON 1010.
Co-requisites: ECON 1020.
credit hours: 3

FINE 4100 Advanced Financial Management
Advanced Financial Management
This course is intended for students who wish to learn and analyze the concepts, theories, and applications of modern corporate finance. The course builds on the topics of FINE 301, and covers a wide range of topics related to corporate finance. Specific topics include in-depth analyses of firms' financing choices and their impact on value, advanced capital budgeting, agency costs, dividend policy, stock splits and repurchases, institutional and legal aspects of corporate restructuring, mergers and acquisitions, corporate risk-management basics, and financial distress. The course will also cover stock option characteristics, valuation, and applications.
Pre-requistites: FINE 3010, INFO 3010.
credit hours: 3

FINE 4110 Investments in Equities
Investments in Equities
This course focuses on equity investing. The major topic areas are equity markets, valuation, and portfolio management. Course content consists of descriptive material, theoretical models, and the practical application of theory. Topics include stock market exchanges, indexes, risk and return, diversification, market efficiency, portfolio theory and management, portfolio evaluation, mutual funds, and fundamental market, industry, and company analysis.
Pre-requistites: FINE 3010, INFO 3010.
credit hours: 3

FINE 4120 Analysis of Fixed Income Securities
Analysis of Fixed Income Securities
This course provides an advanced treatment of investments in the field of fixed income analysis. Topics include analyses of different bond types (zero-coupon, bullets, annuities, etc), accrued interest, day-counting rules (money market and bond market conventions), yield to maturity and bond returns, term structure of interest rates, interest rate sensitivity of fixed income securities, and managing interest rate risk. Spreadsheet modeling in the above areas will be introduced. In addition to lectures, the course will include students' presentations.
Pre-requistites: FINE 301, INFO 301.
credit hours: 3

FINE 4130 Venture Capital and Private Equity
Venture Capital and Private Equity
This course analyzes the concepts and theories of entrepreneurial finance, which includes venture capital and private equity. The course builds on the core finance topics covered in FINE 3010 and covers a wide range of topics related to entrepreneurial finance. Apart from an in-depth analysis of new venture financing, the course also covers the financial aspects of strategic and business planning, financial forecasting, valuation, organization design and financial contracting, and financing and harvesting choices.
Pre-requistites: FINE 3010.
credit hours: 3

FINE 4140 Risk Management
Risk Management
This course focuses on 1) the identification of financial risks associated with interest rates, currencies, and commodities; 2) measurement of risk exposure; 3) the corporate hedging decision; 4) risk-management strategies; 5) risk-management tools including forwards, futures, options, and swaps; and 6) the integration of risk-management and innovative financing techniques. Case studies will illustrate and reinforce conceptual development.
Pre-requistites: FINE 4100, FINE 4110, FINE 4120.
credit hours: 3

FINE 4150 International Finance
International Finance
This course provides an integrated view of international financial markets and the management of multinational firms. It introduces students to markets for spot currency transactions, currency forwards, options, and swaps. Students are familiarized with tools for valuing instruments traded in these markets. The course then focuses on the opportunities and challenges these markets present to multinational managers attempting to manage exposure to exchange rates, raise capital in international capital markets, and evaluate international capital budgeting projects.
Pre-requistites: FINE 4100, FINE 4120.
credit hours: 3

FINE 4160 Equity Analysis/Burkenroad Reports
Equity Analysis/Burkenroad Reports
In this valuable hands-on course, teams of three or four students meet with top management, visit company sites, develop financial models and publish in-depth investment research reports on public companies. The reports become available at www.burkenroad.org and are distributed to more than 20,000 institutional and individual investors. Students are also responsible for introducing company management at the Burkenroad Reports Investment Conference each spring. The companies are located in Alabama, Florida, Georgia, Louisiana, Mississippi, and Texas. Finance and accounting students are encouraged to take this course in the spring semester of the junior year.
Notes: Enrollment is limited to finance or accounting majors with minimum 3.000 cumulative and business grade-point averages. Cross-listed with ACCN 416
Pre-requistites: ACCN 3100.
Co-requisites: FINE 4110.
credit hours: 3

FINE 4170 Financial Modeling
Financial Modeling
This course makes the connection between textbook finance and solving real-world business problems. The course provides a nuts and bolts guide to solving common financial problems using financial models and spreadsheets. This course guides the student, step-by-step through each model, showing how it can be solved in Excel. Models are designed to solve problems in corporate finance, portfolio management, option pricing and applications, duration and immunization, and VAR.
Pre-requistites: FINE 4100, FINE 4110, FINE 4120.
credit hours: 3

FINE 4190 Commercial Bank Management
Commercial Bank Management
FINE 4190 explores emerging institutional changes as they relate to the structure of commercial banks. Topics include asset and liability management, loan evaluations and policies, investment policies and management, and financial analysis of banks.
Pre-requistites: FINE 3010.
credit hours: 3

FINE 4210 Real Estate Planning and Development
Real Estate Planning and Development
FINE 4210 places the student in the role of real estate project manager, using the tools of the developer, entrepreneur, and business person. The primary responsibility of the principal or consultant in a real estate venture is to manage all resources efficiently and effectively. The course will examine current professional development in real estate and the decision-making process under changing economic conditions, environmental expectations, and federal and state tax legislation.
Pre-requistites: FINE 4100; senior standing.
credit hours: 3

FINE 4240 History of Finance
History of Finance
This is a topics-oriented approach to the history of pre-industrial, industrializing, and industrialized economies-with a focus on on the United States and Western Europe. Particular emphasis is placed on the historical conditions that caused major changes in financial markets. Topics covered includes the roles of elites in the development of new mediums and mechanisms of exchange; the evolution of modern fiscal systems to finance territorial expansion, geopolitical strategies, subsequent military operations; the articulation of new financial networks in the wake of the world wars of the twentieth century; and the deployment of globalized systems of finance and trade at thee conclusion of the Cold War and at the start of the new century. This course discusses who, what, where, when and how various financial instruments evolved, ranging from clay tablet receipts for grain in ancient Sumer, to the deployment of government bonds in England during the Napoleonic Wars and includes the birth of statistics based insurance markets in 18th century Scotland. We will place particular emphasis on assessing the historical conditions that caused these major additions to the portfolio of available financial instruments.
Notes: This course cannot be used as one of the three required finance electives towards the finance major. This course can be used as a business elective or free elective towards the BSM degree.
Pre-requistites: ECON 1010 and ECON 1020
credit hours: 3

FINE 4410 Games and Decision
Games and Decision
This course offers an introduction to strategic decision-making and game theory. Key topics include representation of games, several different solution concepts, predominantly dominant strategy equilibrium, and Nash equilibrium. Additional topics include bargaining, repeated games, and mixed strategies. Applications include market models, collective decision-making as in corporate boards; private-value auctions; and principle-agent models applued to firm management and corporate governance. In class participation experiences are an integral part of this class.
Pre-requistites: ECON 1010, MATH 1210, or MATH 1150 and MATH 1160(students admitted Fall 2014 and later)
credit hours: 3

FINE 4550 Internship
Internship
Freeman School majors may elect to do a finance internship that will appear as a one-credit, 400-level course on their transcripts; however, the credit does not apply towards the 122 minimum hours required for a BSM degree. The purpose of the internship must be to apply (within an ongoing business organization) the intellectual capital obtained from first- through third-year courses of the BSM program. Before registering for this course, the student must present a proposal describing how the proposed internship will meet the stated objectives and how the student will demonstrate that the objectives have been met. This proposal must be approved by the instructor before course registration. The student is responsible for locating the firm and arranging an internship position. This course is normally offered only during the summer and fulfills the curricular practical training option for students with F-1 visa status.
credit hours: 1

FINE 4570 Service Learning Internship
Service Learning Internship
Freeman School majors may elect to do a finance service-learning internship. The credit does not apply towards finance major requirements for a BSM degree; it may be used as elective credit. Interested students should consult with the Center for Public Service and the Office of Undergraduate Education at the Freeman School.
Pre-requistites: Minimum cumulative GPA 3.0; junior standing or above.
credit hours: 3

FINE 4600 Cases in Financial Management
Cases in Financial Management
An applications-oriented course, FINE 4600 typically deals with cases involving working capital, mergers, corporate valuation, and capital budgeting analysis and planning. The course reinforces and applies concepts and techniques from accounting and financial economics in a practical setting. Credit analysis for bank lending is included.
Pre-requistites: FINE 4100 FINE 4110, FINE 4120; senior standing.
credit hours: 3

FINE 4610 Darwin Fenner Student Managed Fund Honors Seminar
Darwin Fenner Student Managed Fund Honors Seminar
This course satisfies the upper level honors course requirement for students in the honors program. This course combines academic study with actual investing. As part of the course, students manage a portfolio of stocks called the Darwin Fenner Student Managed Fund. Students study academic research papers and classic writings that have influenced equity investing. Through reading and discussing academic research papers, students develop a critical thinking process and proprietary investment models. Working in groups, students analyze all stock in their assigned sector of the stock market and make buy, sell, and hold recommendations to the class. In addition, the class evaluates the historic performance of the fund.
Pre-requistites: FINE 4100, FINE 4110, FINE 4120; Invitation by finance faculty; senior standing and finance major.
credit hours: 3

FINE 4620 Valuations of Financial Firms
Valuations of Financial Firms
This is an applications-oriented course which builds upon the valuation concepts learned in FINE 4100 (Advanced Financial Management) and applies them to financial firms. Financial firms have unique asset, liability, risk, and regulatory attributes which make them fundamentally different from other firms and are often challenging to value. Cases will be used to demonstrate how to value financial firms such as banks, insurance companies, real estate investment trusts (REITS), asset management companies, and other financial services companies. The class will cover business models of various types of firms in the financial sector and will then use this knowledge in conjunction with the institutional and regulatory restrictions that are specific to the financial sector to value financial firms in a case format. The course course will particularly helpful for students with an interest in working as a buy-side or sell-side financial analyst covering the financial sector. It will also provide insights to understanding the business models of financial firms which should be valuable to students who aspire to work for a firm in the financial sector.
Pre-requistites: FINE 4100
credit hours: 3

FINE 4890 Financial Literacy Service Learning (Add on Component)
Financial Literacy Service Learning (Add on Component)
Students may elect to fulfill their upper-level Newcomb-Tulane public service requirement through this service learning option that functions as an add-on component to FINE 4100 OR FINE 4600. This added one-hour component supplements the finance curriculum and gives students the opportunity to research, prepare and teach core elements of financial literacy to high school students who live in the New Orleans community. Students required to fulfill 40 hours of public service. The 40 hours of public service includes preparation of lesson plans, lab meetings with reflection, and classroom experiential teaching to high school class environment.
Pre-requistites: FINE 3010; senior standing
Co-requisites: FINE 4100 or FINE 4600
credit hours: 1

FINE 4910 Independent Study
Independent Study
Freeman school seniors demonstrating academic excellence are allowed to pursue an independent study. The work may take the from of directed readings, laboratory or library research, or original composition. Instead of traditional class attendance, the student substitutes conferences, as needed, with the supervising faculty. An independent study requires the approval of the supervising instructor and area head. The credit does not apply toward the finance major requirements for a BSM degree; it may be used as business elective credit. Interested students should contact the Office of Undergraduate Education at the Freeman School.
Pre-requistites: Minimum cumulative GPA of 3.33 or higher; senior standing
credit hours: 1-3

FINE 7510 ADVANCED FINANCIAL MANAGEMENT
ADVANCED FINANCIAL MANAGEMENT
credit hours: 3

FINE 7530 CASES IN FINANCE
CASES IN FINANCE
credit hours: 3

FINE 7540 EVALUATION OF SECURITIES AND PORTFOLIOS
EVALUATION OF SECURITIES AND PORTFOLIOS
credit hours: 3

FINE 7550 MONEY AND CAPITAL MARKETS
MONEY AND CAPITAL MARKETS
credit hours: 3

FINE 7570 COMMERCIAL BANK MANAGEMENT
COMMERCIAL BANK MANAGEMENT
credit hours: 3

FINE 7580 OPTIONS AND FUTURES
OPTIONS AND FUTURES
credit hours: 3

FINE 7610 INTERNATIONAL TRADE AND INVESTMENT
INTERNATIONAL TRADE AND INVESTMENT
credit hours: 3

FINE 7620 INTERNATIONAL FINANCE
INTERNATIONAL FINANCE
credit hours: 3