Bulletin Year: 2023 - 2024 Undergraduate Bulletin | View the current NMU Catalog.

Courses

Search for courses listed in this bulletin. To find a semester course schedule (including instructors, meeting times and locations), go to mynmu.nmu.edu.

ET 410 Testing and Data Acquisition Techniques 3 cr.  (2-0-2)
  • Offered: Fall
  • Prerequisites: ET 110 or ET 112, junior standing or instructor's permission.

An instrumentation-oriented course that uses a graphical programming language in the data acquisition process. Students will analyze, design and implement instrumentation systems for development-based testing, in which students perform measurements and experiments in an effort to answer a hypotheses, or to improve a product. Emphasis is placed on sensors, analog to digital conversion, and test planning.

 

ET 415 Controls 3 cr.  (2-0-2)
  • Offered: Winter
  • Prerequisites: ET 212, ET 360 and MA 161.

Students are introduced to the fundamentals of automatic control systems including analysis and design. Classical control system topics include system response and performance characteristics, stability criteria and analysis, dominant pole approximation, phase and PID compensator design. MATLAB and SIMULINK are used to aid in the analysis and design of control systems.  Calculus-based methods are used to aid the students understanding of PID control systems. The laboratory work introduces modern techniques needed for the design and implementation of automatic control systems.

ET 431 Senior Project I 1 cr.
  • Offered: Fall
  • Prerequisites: Instructor permission.

A problem-based course that provides students with an opportunity to focus on a specific design or engineering problem. Initial proposals, strategies and timelines to complete the project will be completed in this course. Appropriate project management is stressed. Engineering ethics in relation to product design will also be explored.

Notes:

Cross listed with MET 431.

ET 432 Senior Project II 2 cr.
  • Offered: Winter
  • Prerequisites: ET 431.

A project-based course in which the student builds, implements, and tests a design that was attained in a prior class. A formal presentation and report is a required part of the course.

Notes: Cross listed with MET 432.
ET 491 Studies in Business and Industry 4 cr.
  • Offered: On demand
  • Prerequisites: Junior standing or instructor's permission.

Cooperative work experience to provide up-to-date technical skills in the area of specialization; includes work experience with business and industrial operations, services and materials, processes and techniques.

Notes: Formerly ET 483
ET 498 Directed Study and Research 1-4 cr.
  • Offered: On demand
  • Prerequisites: Junior standing or instructor's permission.
Selection of problem in area of emphasis; specialized instruction and experiences to reinforce technical skill and knowledge. Written reports of work are required.
FIN 201 Introduction to Risk Management 4 cr.
  • Offered: Contact Department for Information.
  • Prerequisites: Instructor permission.

Introduction to risk management; including: insurance, loss exposure, regulation, insurance carriers, reinsurance, marketing, underwriting, and claims adjusting. This course helps prepare students for the INS 21 national examination administered by the Insurance Institute of America.

Notes: Formerly FIN 301 Introduction to Risk Management.
FIN 224 Personal Financial Management 4 cr.
  • Offered: Contact Department
Development of practical solutions for routine problems faced in personal financial affairs. Major topics to be discussed are tax return preparation, tax planning, insurance, property, consumer credit, financial institutions, investing and other current topics. Notes: This course is not intended for finance majors.
FIN 351 Financial Management I 4 cr.
  • Offered: Fall Winter Summer
  • Prerequisites: ACT 240 or approval of instructor and junior standing.

Financial management of corporations; management of short, intermediate and long term funds; capital structure; securities markets; and financing growth and development; emphasis is on interpretation of financial accounting measurements.

FIN 352 Financial Management II 4 cr.
  • Offered: Winter
  • Prerequisites: FIN 351 and junior standing.

Financial decision making in the modern corporation; issues include capital budgeting, capital structure, dividend policy, working capital management, corporate reorganization and liquidation. Lectures, problem solving and case studies will be used to stimulate and reinforce learning.

FIN 354 Money and Capital Markets 4 cr.
  • Offered: Fall
  • Prerequisites: Junior standing.
Analysis of money market instruments in conjunction with monetary policy influences. The markets and their role in channeling liquid and investment funds to the private and public sectors. The roles of major financial institutions (pension funds, insurance companies, banks) as both suppliers and users of market capital.
FIN 369 Introduction to Technical Analysis 4 cr.
  • Offered: Winter
  • Prerequisites: Junior standing or instructor permission.

Technical analysis is used by banks, brokerage houses, investment companies and investors all over the world. This class introduces the student to the history and current state of technical analysis. Students develop a foundation of technical analysis tools that will allow them to analyze financial investments from a perspective of risk, return and timing. Course time is divided between classroom instruction and laboratory experience in the College of Business trading room.

FIN 375 Commercial Insurance 4 cr.
  • Offered: Contact department
  • Prerequisites: FN 324.

Commercial property and liability insurance lines; includes commercial property, business-owners policy, commercial liability, workers’ compensation, professional liability, environmental and aviation liability insurance. Course helps prepare students for the INS 23 national examination administered by the insurance institute of America.

FIN 413 New Venture Finance: Capital Formation and Legal Issues 4 cr.
  • Offered: Every other winter
  • Prerequisites: FIN 351 or instructor's permission.
Summarizes and ties together the materials presented in the entrepreneurship core of classes. Extends the student’s knowledge in this area through the incorporation of cases based on creating and managing new business ventures; this includes various methods of raising capital for new and growing ventures and a thorough examination of the legal issues involved in such an undertaking.
FIN 433 Insurance Operations 4 cr.
  • Offered: Winter
  • Prerequisites: FIN 375 or instructor permission.

Property and casualty insurance company operations; topics include insurance financials, property underwriting, liability underwriting, insurance pricing, liability and property claims; loss control practices, marketing and selling insurance, reinsurance, management, and strategic planning. This course covers the inner workings of the industry.

FIN 450 Estate Planning 4 cr.
  • Offered: Contact department for information.
  • Prerequisites: Junior standing or instructor's permission.

Estate planning principles and techniques as they relate to financial planning. Includes methods of property transfer, estate planning documentation, principles of estate, gift and trust taxation, features and classification of trusts, the use of life insurance in the estate planning process and tools and techniques for general estate planning.

FIN 458 International Financial Management 4 cr.
  • Offered: Contact Department
  • Prerequisites: FIN 351 and junior standing or instructor’s permission.
Financial management of multinational firms including management of international sources of funds, dealing with international exchange, international expansion and investment.
FIN 460 Employee Benefits and Retirement Planning 4 cr.
  • Offered: Contact department for information.
  • Prerequisites: Junior standing or instructor’s permission.

Overview of the types of employee benefits program available to employers for their employees with special emphasis on retirement planning. The course also explores retirement planning for individuals with problems, cases, lectures and discussions.

FIN 462 Investment Analysis 4 cr.
  • Offered: Fall
  • Prerequisites: FIN 351, junior standing or instructor’s permission.
Types of investment securities, bonds, stocks, valuation of common stocks, valuation and grading of bonds and preferred stocks; risks associated with each form of investment. Policies in construction and management of investment portfolio. Current trends and timing of investments.
FIN 463 Portfolio Management 4 cr.
  • Offered: Contact Department
  • Prerequisites: FIN 462, junior standing or instructor's permission.
A theoretical and empirical discussion of the effect of information and investor preference on investment decisions.
FIN 491 Internship in Finance 1-4 cr.
  • Offered: Fall Winter Summer
  • Graded: S/U
  • Prerequisites: Junior standing or instructor's permission.
Professional experience for qualified accounting or finance majors. Working with accounting or other business firms. Written paper required; students evaluated by faculty supervisor in consultation with employer.
FIN 498 Directed Study in Finance 1-4 cr.
  • Offered: Contact Department
  • Prerequisites: Junior standing or instructor's permission.
Independent study of some special problem in accounting or finance under the guidance of a faculty member.