In the Department of Finance, the second digit of the course number denotes the subject area of the course, as follows: 2-business law; 3-real estate; 4-risk and insurance; 6-finance (capital markets and financial institutions); 7-finance (financial management); 8-finance (investment analysis/portfolio theory); 9-general courses.
Prerequisites for any finance course may be waived in exceptional cases with consent of the instructor and approval of the department chair.
3115 Financing and Legal Aspects of Entrepreneurship (3) Prereq.: MGT 3111 and FIN 3716 and BLAW 3201, and Entrepreneurship Concentration or Entrepreneurship
Minor or permission of instructor. Also offered as MGT 3115. Financing and legal issues affecting entrepreneurs; acquisition of resources through debt, equity, research
grant models (SBIR, NIH, etc.), and venture capital.
3351 Principles of Real Estate (3) Prereq.: BLAW 3201 or FIN 3716. Purchasing, owning, and operating real estate relative to interest in realty, liens, contracts, deeds, titles, leases, brokerage, management.
3352 Real Estate Valuation and Investment (3) Prereq.: FIN 3351 or 3715, or equivalent. Principles of valuation applied to single-family and income-producing real property; techniques for making investment decisions in alternative types of real property; cash flow analysis considering income tax effects, financial leverage, risk-return trade-offs, and alternative methods of disposition.
3353 Real Estate Finance (3) Prereq.: FIN 3351 or 3715 or equivalent. Real estate financing decisions for residential and income-producing properties; risk-return analysis for varying conditions of financial leverage; decision making related to pricing, alternative financing methods, refinancing, mortgage portfolio management; financing methods; government involvement in mortgage market and housing finance.
3354 Topics in Real Estate (3) Prereq.: FIN 3352 or 3353 or consent of instructor. Topics vary.
3355 Real Property Law (3) Prereq.: BLAW 3201. Rights and obligations that attach to various types of ownership of immovable property both in Louisiana and Anglo-American jurisdictions.
3440 Risk and Insurance (3) Prereq.: BLAW 3201. Nature of nonspeculative risks and possible alternative methods of treating them; specific application of these methods to personal and business risks arising from life, health, property, and liability contingencies; influence of public policy on risk treatment.
3441 Life and Health Insurance (3) Prereq.: FIN 3440. Analysis of insurance protecting against economic loss caused by termination of earning capacity through premature death, disability, or old age; derivation of premiums, reserves, benefits; legal aspects; operational features; use of contracts and provisions; disability income protection.
3442 Property and Liability Insurance (3) Prereq.: FIN 3440. Property and liability risks; insurance coverages available to meet these risks; basic insurance principles that apply in various property and liability insurance contracts; functional aspects of insurance company operations.
3460 Risk Management (3) Prereq.: FIN 3716. Risk management from the business manager's viewpoint; insurance and financial market methods of pooling and managing risk; identification and evaluation of risk; hedging, self insurance, re-contracting and organizational design.
3632 Bank Administration (3) Prereq.: FIN 3716. For students interested in commercial banking careers or in the role of banks within the American enterprise system. Economic role and evolution of banks; structure of banking; lending and investment techniques; bank organization and regulation; asset and liability management; credit risk management; bank performance analysis.
3636 Financial Markets and Institutions (3) Prereq.: FIN 3716 or equivalent. Characteristics and functions of financial markets and institutions; process of financial intermediation and allocation of financial resources; analysis of current developments in financial institutions and in money and capital markets; factors in interest rate determination; management of credit risk, interest rate risk, and operating risk.
3715 Business Finance (3) Prereq.: ECON 2000 and 2010, or 2030; and ACCT 2000 or 2001. Also offered as ECON 3715. For Non-Business Majors Finance function within the business enterprise; techniques of financial management, concepts of capital structure and dividend policy, working capital management, capital budgeting, institutional and international environment of the firm.
3716 Business Finance (3) Prereq.: ECON 2000 and 2010, or 2030; and ACCT 2000 or 2001. Also offered as ECON 3715. For All Business Majors Finance function within the business enterprise; techniques of financial management, concepts of capital structure and dividend policy, working capital management, capital budgeting, institutional and international environment of the firm.
3717 Advanced Business Finance (3) Prereq.: FIN 3716. Material presented in real-world cases. Hands on applications of financial tools introduced in FIN 3716; financial analysis, forecasting, capital budgeting, and business evaluation.
3718 Multinational Managerial Finance (3) Prereq.: FIN 3716. Multinational financial management; nature of international finance system; financing, investment, and risk management of the multinational corporation.
3826 Investments (3) Prereq.: FIN 3716. Open only to finance majors; open to others with permission of the department. Characteristics and valuation of common stocks, bonds, options, function and efficiency of U.S. securities markets; theory and practice of portfolio selection.
3840 Fixed Income Securities (3) Prereq.: FIN 3826. Mechanics of fixed-income markets and securities; valuation of fixed income securities and contingent claims; interest rate risk, term structure, product fundamentals, and bond portfolio strategies.
3845 Student Managed Investment Fund (3) Prereq.: FIN 3716 or equivalent and permission of instructor. Course may be repeated for a max. of 9 sem. hrs. of credit. Analysis of equity investment opportunities in conjunction with the management of the Student Managed Investment Fund; emphasis on valuation techniques and fundamental analysis; operation of investment reporting systems.
3900 Directed Study and Research (1-6) Prereq.: consent of instructor. May be taken for a max. of 6 sem. hrs. of credit. Research under direction of faculty member; written proposal must be approved by faculty member and department chair prior to registration.
3910 Topics in Finance (1-3) Prereq.: FIN 3716 and 3826, or consent of instructor. May be taken for a max. of 6 sem. hrs. of credit when topics vary. Topics of current interest.
3930 Undergraduate Internship in Finance (3) Prereq.: FIN 3716, junior or senior standing, and consent of department. Pass/fail grading based on a written evaluation by the professional supervisor, a written report by the student, and the faculty member’s evaluation. At least 20 hours per week in regular semester or 35 hours per week in summer session of learning experience in finance under the general supervision of a faculty member and the direct supervision of a professional in finance. May not be repeated for credit. On-the-job experience in an approved finance or business law position.
4240 Cyberlaw and Intellectual Property (3) Prereq.: BLAW 3201 or BADM 7140, and consent of instructor. Fundamentals of patent, trademark and copyright law; legal principles applied to the regulation of the Internet and electronic commerce, including intellectual property, torts, contracts, constitutional principles, and crimes.
4440 Group Insurance and Pensions (3) Prereq.: FIN 3440. Life and health insurance in various areas involving mortality and morbidity contingencies; types of health risk bearers and contracts offered; employee benefit plans with emphasis on the private pension function, including contractual arrangements, benefit formulas, and approaches to financing.
4828 Security Analysis and Portfolio Management (3) Prereq.: FIN 3826 or equivalent. Security selection and portfolio diversification in an efficient market; portfolio theory and management; portfolio building and selection; portfolio performance evaluations.
4830 Analysis of Corporate Financial Statements (3) Prereq.: FIN 3716 or equivalent. Evaluation of financial statements; emphasis on their use in credit analysis and in evaluation of security risks and returns; recent research in accounting and finance; predictive ability of financial statement data.
4850 Financial Derivatives (3) Prereq.: FIN 3636, 3717, or 3826. Options, forwards, futures, swaps, and other derivative instruments; principles of pricing, valuation models, trading strategies, and managing risk in domestic and global financial markets.
7300 Seminar in Real Estate (3) Questions facing participants in the real estate market, including equity investors, lenders, tenants, and government; purchasing, owning, and operating real estate relative to interest in realty contracts; deeds, title, leases, brokerage, and management.
7310 Real Estate Financial Decisions (3) Questions concerning real estate finance and valuation; risk-return trade-offs under varying conditions of financial leverage; refinancing; selecting between alternative financing methods; mortgage design, sale-leaseback, construction lending, secondary mortgage markets, and the pricing of financing instruments.
7320 Advanced Topics in Real Estate (3) Prereq.: FIN 7300 or 7310 or consent of instructor. May be taken for a max. of 6 hrs. of credit if topics vary.
7350 Theory of Real Estate Markets (3) Prereq.: FIN 7750. Primarily for doctoral students. Emphasis on theoretical treatment of real estate equity and mortgage markets; real estate as a security; pricing of fixed- and adjustable-rate mortgages; secondary mortgage markets and the securitization of mortgages; development of derivative securities; models of housing markets.
7400 Financial Risk Management (3) Prereq.: BADM 7090 or equivalent. Risk management of corporations, financial institutions, governments, and non-profit organizations; characteristics of financial contracts and markets and applications of these contracts to risk management problems; the value of risk management, measuring exposures, financial contracts for managing risk, the enterprise risk management industry, and the accounting and regulatory framework; market and credit risks are the primary focus, but some attention is also given to operational and other sources of risk.
7520 Seminar in Financial Research Methods (3) Primarily for doctoral students. Financial economics; empirical behavior of financial markets; topics including trading rules and the efficient market hypothesis; market microstructure; event studies.
7550 Theory of Finance (3) Prereq.: ECON 7610 or equivalent. Theory of choice under certainty and uncertainty; time-state preference models of risk allocation; mean-variance asset pricing models; arbitrage pricing models; option pricing models; discrete and continuous time models.
7585 Advanced Topics in Financial Economics (3) Prereq.: consent of instructor. May be taken for a max. of 9 sem. hrs. of credit. Also offered as ECON 7585. Specific areas in finance and financial economics; emphasis on rigorous empirical methodologies and theory.
7632 Seminar in Commercial Banking (3) Commercial banking theory and history, quantitative techniques applied to bank asset and liability management, banking structure, markets and competition, capital adequacy and profitability.
7633 Financial Markets (3) Prereq.: BADM 7020 and 7080. Theoretical and empirical exposition of financial markets and institutions; their role in the economy; determination of the general level, risk structure, and the transaction structure of security returns; emphasis on U.S. financial markets.
7650 Seminar in Financial Markets and Intermediaries (3) Prereq.: FIN 7550. Primarily for doctoral students. Markets and intermediaries as alternative institutional mechanisms for structuring financial transactions; transaction services provided by these institutions; benefits and costs of these transaction services as determinants of the structure and extent of the financial sector.
7710 Public Financial Management (3) Cross-listed as PADM 7710.
7718 Multinational Financial Management (3) Prereq.: BADM 7090 or equivalent. Cross border investment, investment analysis, capital planning, foreign currency exposure, and cash management; concepts of political risk assessment; techniques in transactional trade; alternative financial sources; issues in international financial controls.
7719 Advanced Financial Management (3) Prereq.: BADM 7090. Theory of business finance and evaluation of its usefulness to financial managers; capital expenditure, capital structure, and dividend decisions; legitimacy of alternative decision criteria; implications of uncertainty and imperfect capital markets on firm financial decisions.
7720 Topics in Business Finance (3) Prereq.: BADM 7090 or equivalent. Detailed treatment of topics not covered in depth in BADM 7090 or FIN 7719; prospectus usually available before registration.
7740 Venture Capital and Investment Banking (3) Prereq.: BADM 7090 or equivalent. The role of venture capitalists and investment banks in financing, advising, and influencing companies through the initial public offering; the structure of venture capital funds; staging of investments; compensation; valuation; interactions between venture capital and economic activity, the legal environment, and social and ethical norms.
7750 Seminar in Corporate Finance (3) Prereq.: FIN 7550. Primarily for doctoral students. Theory of choice under certainty and uncertainty; investment and financing decisions of the firm; the agency problem and agency costs; capital structure and dividend models related to corporate control.
7826 Investment Analysis and Portfolio Theory (3) Prereq.: BADM 7020 and 7030. Institutional elements of capital markets, mechanics of securities trading; analytic techniques for evaluating investment management; behavior of security prices, efficient diversification, techniques for measuring performance of securities and portfolios, security valuation, portfolio selection.
7845 Student Managed Investment Fund (3) Prereq.: BADM 7090 or equivalent and permission of instructor. Course may be repeated for max. of 9 sem. hrs. of credit. Management and operation of the Student Managed Investment Fund; calculation and monitoring of performance in an institutional equity portfolio; establishment of investment objectives, including asset allocation and selection, and assessment and management of risk; settlement, accounting, and reporting of results.
7849 Normative Portfolio Analysis Theory (3) Prereq.: FIN 7719 and FIN 7550 or equivalent. Theoretical and practical problems of normative portfolio selection techniques and analysis; positive implications of normative models; their contribution to understanding operation of capital markets and market participants.
7850 Seminar in Investments (3) Prereq.: FIN 7550. Primarily for doctoral students. Speculative price as a stochastic process; information revelation in and through speculative price; normative and positive models of investment theory; applications of contingent-claims/derivative securities pricing; theory and empiricism of fixed income securities.
7855 Seminar in Options, Futures, and Other Derivatives (3) Prereq.: FIN 7826 and ECON 7610 or equivalent; consent of instructor; mathematical maturity required. Arbitrage and equilibrium models of derivative pricing; models derived via continuous time Ito processes; binomial, finite difference, Monte Carlo and other numerical approaches; review of mathematical statistics, stochastic processes, and Ito calculus.
7900 Individual Study in Finance (3) Masters and doctoral students may take the course for credit 3 and 6 times, respectively. For students who wish in-depth study of a selected finance problem. Proposal outlining nature and objectives of a research project must be approved by department faculty prior to registration; written report of semester's activities and findings required for credit.
7930 Graduate Internship in Finance (3) Prereq.: consent of department. Pass/fail grading based on a written evaluation by the professional supervisor; a written report by the student, and the faculty member's evaluation. At least 20 hrs. per week in regular semester or 35 hrs. per week in summer session of learning experience in finance under the general supervision of a faculty member and the direct supervision of a professional in finance. On-the-job experience in an approved finance position.
7950 Seminar in Research (1) Required of all doctoral students in business administration concentrating in finance during each semester of full-time residence; only 3 sem. hrs. may be applied toward the degree. Advanced research in finance; current research of doctoral candidates, faculty, and invited guests.
8000 Thesis Research (1-12 per sem.) "S"/"U" grading.
8900 Pre-dissertation Research (1-9) May be repeated for credit. Pass-fail grading.
9000 Dissertation Research (1-12 per sem.) "S"/"U" grading.