The objective of the Business Finance specialization is to prepare students for careers in such areas as financial management, investments and security analysis, and international financial management.
The focus is on the functions of finance in the firm, financial and investment analysis and planning, sources of financing, the financial system, and securities markets.
Program Structure
Core Courses
Course Code | Course Title | Description |
FNBK 3000 | Financial Reporting and Analysis | Seeks to develop students' understanding of the origin and derivation of accounting data, and their skills in employing the data for the purpose of financial analysis, reporting and valuation |
FNBK 3400 | Investment Principles and Practices | A study of the market for investment securities, an introduction to the field of security analysis, and selection and management of a portfolio of securities. |
FNBK 3500 | Financial Markets | An overview of money and banking, monetary policy, and analysis of the operations of financial markets in a global context, as well as the evolving regulatory framework within which these markets operate. |
FNBK 3700 | International Financial Management | Application of basic principles and techniques of international financial management to the decision-making process of the multinational firm. The course covers the foreign exchange markets, management of the foreign exchange risk, international working capital management, and foreign portfolio and direct investment. Factors bearing on the international financing and investment decisions, such as political risk and international taxation issues will be also examined. |
FNBK 4610 | Portfolio Management | This course will focus on modern development in portfolio management including efficient markets, stock selection, and hedging procedures. The main objective of this course is to prepare students for the management of financial resources through the development of skills necessary to make prudent investment decisions. |
Electives
Course Code | Course Title | Description |
FNBK 3650 | Commercial Financial Management | A study of the organization, structure and operation of commercial banks with an emphasis on the banking functions, competitive aspects and the nature and framework of regulation. |
FNBK 4150 | Intermediate Financial Management | Seeks to develop the students' ability to identify, analyze and solve integrative problems in management of business finance, including financial analysis, working capital management, capital budgeting decisions, long term financing, and leasing, through the use of prescribed readings, case studies and computer applications. |
FNBK 4500 | Special Problems | Individual investigation of specific problems in the fields of finance and banking |
FNBK 4510 | Finance and Banking Internship | Students engage in part time employment in their area of specialization to gain relevant business experience and to practice the skills and concepts learned in the classroom. Supplemental reports and/or reading may be required. |
FNBK 4590 | Risk Management for Business Majors | An analysis of risk management techniques for handling the risk exposures most businesses face, including insurance, self insurance, risk control and risk avoidance, among others. |