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.

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 324 Personal Financial Planning and Insurance 4 cr.
  • Offered: Fall
  • Prerequisites: Admittance to the College of Business.
An introduction to the study of personal financial planning and insurance planning. This class will preview the functional areas of financial planning as well as provide a detailed introduction to the principles of insurance planning: identification of risk exposures, property and liability analysis, life insurance analysis, social insurance analysis, employee insurance analysis; and insurance regulation and taxation
FIN 351 Management of Financial Resources 4 cr.
  • Offered: Fall Winter Summer
  • Prerequisites: ACT 240 or approval of instructor and junior standing.
Financial management of corporations. Management of capital sources of short and intermediate funds; factors determining the capital structure; sources of long-term capital; the securities market; and financing growth and development. Emphasis on the analysis and interpretation of financial accounting measurements.
FIN 352 Financial Management 4 cr.
  • Offered: Winter
  • Prerequisites: FIN 351 and junior standing.
Study of financial management theories and their applications to complex corporate financial problems. By means of case studies, special emphasis is given to analysis and decision making about all major problems in financial management.
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 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 420 Financial Statement Analysis 4 cr.
  • Offered: Winter
  • Prerequisites: FIN 351 or instructor's permission.
An intensive study of the interpretation and analysis of a financial statement. Emphasis is placed on analyzing financial data for investment, credit and managerial decisions.
FIN 450 Estate Planning 4 cr.
  • Offered: Winter
  • 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: Fall
  • 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 461 Management of Financial Institutions 4 cr.
  • Offered: Winter
  • Prerequisites: FIN 351 or instructor’s permission.
Analysis of the major policy areas of financial institutions including commercial banks, thrifts, insurance companies and pension funds; liquidity, credit, asset and liability management. Effective management of capital structure in relation to profit objectives and regulatory and monetary policy.
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.