Finance and Economics
Economics Course Offerings
Managerial Economics (3 Credits)
(Prerequisites, MBA 503A & B) An intensive study of the problems of value and costs, including demand theory, empirical demand analysis, production theory, cost theory linear programming applications in resource allocation and cost analysis, empirical cost analysis, market structure and pricing theory, pricing practice and the role of government in the private economy.
Economics of Business Strategy (3 Credits)
(Prerequisite, ECO 507) This course provides an economic analysis of business strategies. Focusing on a firm’s decision making, it analyzes vertical integration, economies of scale and scope, market structure and competition, strategic commitment, pricing rivalry, entry and exit, advertising, location, incentives, and the principal-agent problem.
The Economics of E-Commerce (3 Credits)
An economic analysis of a broad spectrum of issues related to the information technology revolution that has created what is known as the New Economy. Issues related to organization, production, and exchange are examined with a view toward understanding how firm profitability, market efficiency, and and economy-wide performance are affected.
Macroeconomic Analysis: A Global Perspective (3 Credits)
It is a comprehensive study of macroeconomics designed to examine how macroeconomic events and policies, both national and global can shape the strategic decisions in a business organization. Emphasis is on the analysis of macroeconomic data and understanding their importance in the managerial decision making process.
Special Topics in Economics
Finance Course Offerings
Financial Management (3 Credits)
(Prerequisite, MBA 503C) Principles of policy formation in the modern corporation; the institutions, instruments and customary procedures that influence the determination of corporate policy; and the reasons for choices in seeking solutions to specific financial problems. A case approach will be utilized to cover problems of working capital management, capital budgeting, and capital structure. Computerized approaches to financial problems will be emphasized.
Financial Institutions (3 Credits)
(Prerequisite, Fin 508) A detailed survey of the more important financial institutions of the United States in order to determine their functions and interrelations in the national economy. Monetary and fiscal policy. Material covered will assist the student to understand better the economic, social and political scene in America.
Advanced Financial Management (3 Credits)
(Prerequisite, Fin 508) A case oriented approach to financial decision making with emphasis on current management, capital budgeting, capital structure, mergers, and bankruptcy.
Investment Analysis (3 Credits)
(Prerequisite, Fin 508) A detailed study of the investment environment and the process of investment management. Topics covered include the study of equity and debt markets, options and futures markets, stock and bond valuation models, portfolio selection theory, bond portfolio management and the use of derivative securities for hedging risk.
International Finance (3 Credits)
(Prerequisite, Fin 508) A detailed survey of the financial decision process in multinational corporations. Topics include the international finance environment, foreign exchange markets, measuring and managing foreign exchange risks, financing the global firm, foreign investment decisions, managing multinational operations, and other advanced issues in multinational finance.
Derivative Securities (3 Credits)
(Prerequisite, Fin 508) The course develops the theory of option pricing based on the Black-Scholes model. It then applies these ideas to the use of options in investment strategies and in portfolio management. The students get hands-on experience with real-time data to assess the feasibility of various investment opportunities in options markets.
Portfolio Theory (3 Credits)
(Prerequisite, Fin 508) The course develops the fundamental concepts of portfolio theory in the risk-return framework. Different analytical tools for risk management; optimization, duration, immunization, and portfolio insurance are considered. The students are required to construct and maintain a simulated portfolio using real data.
Treasury Management (3 Credits)
(Prerequisite, FIN 351 or FIN 508) This is an eight-week online-MBA course, which focuses on the short-term financial management of a firm. The course uses SAP to keep track of inventory, cash, receivables, and payables of a firm. The course develops financial models to maintain the firm’s current assets and liabilities at the optimal level. This course is not open to those students who have received credit for ERP 513.
Special Topics in Finance (3 Credits)