MSF Course Descriptions
+ ECN 644 – Business & Economic Policy
This course explores economic theory and practice at the level of individuals and businesses. It explores various economic theories and compares them against empirical evidence. Finally, the course focuses on how the insights gathered can be applied to inform successful business practice in the real world.
+ FIN 632 – Financial Reporting
This course introduces students to the essential elements of accounting principles and their usage in financial reporting. Students will learn how to read, assess and interpret financial statements. They will also learn where and how to access publicly available financial information. The course will also demonstrate how to use core accounting information for various financial benchmarking and modeling outcomes.
+ FIN 634 – Corporate Financial Decision Making
This course introduces students to the foundational knowledge that is essential for any person who is involved in the field of corporate finance. Core concepts that are explored include, but are not limited to, understanding time value of money principles, designing cash flow projections, calculating and applying weighted average cost of capital, assessing capital investment expenditures, and balance sheet management.
Prerequisite(s): FIN 632
+ FIN 637 - Investments
This course surveys the contemporary field of investing. Students will be introduced to significant theories regarding the operations and behavior of capital markets. The course will also introduce students to the variety of investment vehicles available in the marketplace, including equities, fixed-income securities, derivatives, and non-traditional investments. Finally, the course will cover the beginning elements of portfolio construction.
Prerequisites: FIN 634, MGT 664
+ FIN 639 – Financial Statement Analysis
This course introduces students to the methodologies of analyzing and interpreting GAAP financial statements from a finance perspective. Students will learn how to generate financial projections from financial statement data in order to assess future business performance. By the end of the course, students will be capable of accessing core information, projecting future cash flows, and will be introduced to entity valuation concepts.
Prerequisites: FIN 632, FIN 634
+ FIN 642 – Mergers, Acquisitions & Valuations
This course introduces students to the methodologies used to value business enterprises. Students will learn various market-accepted valuation models used to estimate entity market value. The course will also investigate the dynamic nature of the mergers and acquisitions marketplace, with an emphasis on understanding common negotiating points and potential pitfalls that often occur in private sector mergers and acquisitions.
Prerequisites: FIN 632, FIN 634, MGT 664
+ FIN 643 – Risk Management & Derivatives
This course considers the field of risk management. It will review the current state of global and domestic insurance markets. Students will learn techniques, including the use of derivatives, which will enable private sector companies and investors to manage the levels of volatility outcomes in various financial scenarios.
Prerequisite(s): FIN 632, FIN 634, MGT 66
+ FIN 646 – Business Financial Strategic Planning
This course is an in-depth look at how finance is an integral element in the strategies of business entities incorporating diverse entity functions such as finance operations and sales. Students will investigate the interrelationships between these functions in creating a well-designed strategic business plan. They will also be introduced to appropriate ways to benchmark and adjust strategies in the face of changing market environments. The course will also address how macro-level economic, political and technological variables can impact an entity’s performance.
Prerequisites: FIN 632, FIN 634, MGT 664
+ FIN 655 – Portfolio Management
This course teaches students techniques and methodologies that are appropriate in constructing investment portfolios. Students will identify outcome goals in light of risk and reward tolerances and then construct portfolios that align with the initial objectives. They will also learn how to appropriately benchmark and adjust the portfolio composition in light of changing events and trends.
Prerequisite(s): Completion of MSF core courses. FIN 655 can only be taken as part of a student's final two classes prior to completion of program degree requirements.
+ MGT 664 – Strategic Management
This course develops the student’s ability to anticipate, evaluate, and respond to shareholder expectations using strategy and measurement concepts. This requires the student to develop the ability to simultaneously evaluate and manage the organization’s internal and external environment. Skills to satisfy shareholders include: articulating vision, choosing boundaries and lines-of-business, and identifying and managing capabilities/resources across multiple lines-of-business. The integration of the concepts of free cash flow projection and company valuation explores how strategy drives these measures, which in turn drive value back to the shareholder.