FIN 301 PRINCIPLES OF FINANCE
Credits: 3 (3,1,0) Prerequisites: BUS 101, ACC 101
The course is an introduction to financial management and finance functions. Topics include financial analysis, planning and control, time value of money, valuation, and capital budgeting. This course is a prerequisite to all higher finance courses.
FIN 330 PRINCIPLES OF INSURANCE
Credits: 3 (3,0,0) Prerequisite: FIN 301
This course is designed to provide students with a basic background in insurance and to some extend the risk management. Students are exposed to key insurance industry functions such as selling/distributing of insurance, underwriting insurance policies, adjusting losses, reinsuring risk and elements needed to form an insurance contract. This course will expose students to risk management techniques including risk control and risk financing are also covered. Other major topics includes insurance operations and regulations, reinsurance together with introduction to Takaful. It further explains the principles of individual homeowners, automobile, life and health insurance.
FIN 340 REAL ESTATE PRINCIPLES
Credits: 3 (3,0,0) Prerequisite: FIN 301
This course aims to develop an understanding of the many decisions involved in real estate activities. The course covers topics ranging from the concepts of real estate including terminologies, legal concepts, ownerships and rights of parties involved in real estate, real estate appraisal and valuation, financing of real estate for both residential and non-residential properties.
FIN 350 PRINCIPLES OF INVESTMENT
Credits: 3 (3,0,0) Prerequisite: FIN 301
This is an intermediate course in Finance that, first, presents financial markets’ role, functioning and instruments (traditional and derivatives). Second, the central question of price formation is addressed: are securities fairly priced. The answer to that question determines the strategies used by investors. There are two cases: If investors believe that prices are fair, they will play passive strategies. Whereas when investors believe that the pricing process is not fair, they will try to catch up with investment opportunities by executing active investment strategies. Distinguish between open and closed end funds; exchange traded funds and other types of professionally managed investment companies and discuss the various types of fund loads, fees and charges. Finally, the efficient market hypothesis is presented in terms of issues, anomalies and implications.
FIN 360 CAPITAL INVESTMENT AND FINANCING
Credits: 3(3,0,0) Prerequisite: FIN 301
The purpose of the course is to discuss the essential questions in financial management, which need to be addressed by financial managers, which complements students’ earlier exposure to the basic finance understandings in the introductory finance course. Topics discussed include risk and return analysis, cost of capital, capital structure theories, dividend policy, financial planning, working capital management, and other topics, which may include financial risk management and international finance.
FIN 370 FINANCIAL INSTITUTIONS AND COMMERCIAL BANKS
Credits: 3 (3,0,0) Prerequisite: FIN 301
This course investigates the function and institutional structure of financial markets in the context of intense global competition, increased capital mobility and the domestic and international deregulation and after financial crises reregulation. It also explores the characteristics of the financial instruments in money and capital markets. Additionally, our intent is to understand the differences between these instruments and institutions that operates in today’s financial markets.
FIN 380 INTERNATIONAL FINANCE
Credits: 3 (3,0,0) Prerequisite: FIN 301
The course offers introduction of global financial markets and its operations. Students are prepared to understand the opportunities offered in the global financial markets yet to recognize and deal with the challenges global environment has in terms of transaction, economic and translation exposure. The course focuses on methods used to manage risk in the global markets. Furthermore, Multinational Capital Budgeting, International Corporate Governance and Control, Country Risk Analysis, Multinational Capital Structure and Cost of Capital and International Cash Management are discussed to broaden their views from the international financial manager perspective.
FIN 430 HEALTH INSURANCE
Credits: 3 (3,0,0) Prerequisite: FIN 330
The course is about individual and group health insurance and employee benefits. Topics discussed: types of policy contracts, calculation of premiums, insurance company organization, management and operations.
FIN 431 PROPERTY AND LIABILITY INSURANCE
Credits: 3 (3,0,0) Prerequisite: FIN 330
The course concentrates on aspects of liability insurance related to property and liability risks, ways of dealing with them, contracts claim payment process, underwriting, rates and rate making, financial analysis and reinsurance.
FIN 440 REAL ESTATE INVESTMENT AND APPRAISAL
Credits: 3 (3,0,0) Prerequisite: FIN 340
This course aims to develop an understanding of the real estate market analysis, investment and the measurement of real estate value. Topics include market analysis for both residential and commercial properties, fundamental concepts of value, professional standards, methods and procedures in property valuation for residential, commercial properties and special purpose property.
FIN 441 REAL ESTATE FINANCE AND PROPERTY MANAGEMENT
Credits: 3 (3,0,0) Prerequisite: FIN 340
This course aims to develop an understanding of the many decisions involved in real estate financing and investment. The course covers topics ranging from the concepts of real estate real estate financing under both conventional and Islamic systems, financial and investment analysis techniques involved in corporate real estate decision, projects and land developments, and evaluates the real estate investment performance.
FIN 450 SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
Credits: 3 (3,0,0) Prerequisite: FIN 350
The course objective is to describe the concept of investment and techniques for portfolio construction & management. Course offers to master the skills of portfolio management by exposing them to the process of investment including macroeconomic and industry analysis, company analysis, asset allocation decisions and portfolio performance and evaluation.
FIN 460 DERIVATIVE SECURITIES MARKETS
Credits: 3 (3,0,0) Prerequisites:FIN 350
The course provides students with the techniques, concepts, and applications relevant to financial derivative securities. Topics include analysis of various types of options and strategies of options trading, principles of trading commodities on future markets, speculation and hedging using derivative securities.
FIN 470 CASES IN FINANCIAL MANAGEMENT
Credits: 3 (3,0,0) Prerequisite: FIN 350
Covers a series of cases to explore and apply theoretical and practical tools of financial decision-making.
FIN 490 INTERNSHIP IN FINANCE
Credits: 3 Prerequisite: Department Consent and 15 Finance CRs not counting FIN 301
The internship tends to be a full-time work during summer and part-time for the fall and the spring positions. One semester hour is equivalent to 100 hours of training. Students develop new skills through a practical training in a career-related job. The course must be repeated once.
FIN 492 CO-OP [COOPERATIVE EDUCATION]
Credits: 10 Prerequisite: Department consent
The Co-Op is a career related professional program available to all Finance students. It is designed to help students build on skills already learned in the classroom and acquire new ones as well. Co-Op education is available to Finance students who have accumulated the requisite number or more credits. The Co-Op option counts for 10 credit hours (CRs) for practical onsite experience over a 7-month period, i.e. spanning one semester and a summer.
