Accounting, Finance, Economics and Analytics
- Accounting, Bachelor of Business Administration
- Business Analytics, Bachelor of Business Administration
- Business and Economics, Bachelor of Business Administration
- Finance, Bachelor of Business Administration
- Accounting, Minor
- Business, Minor
- Business Analytics, Minor
- Finance, Minor
- International Business and Economics, Minor
- Operations Management, Minor
Accounting
ACCT 1111 Principles of Financial Accounting. (Formerly 111) Principles of financial accounting; including the basic structure of financial disclosures. Credit will not be granted for both ACCT 1111 and ACCT 100 (no longer offered). Prerequisites: MATH 1105 or MATH 1110, BALT 1140, CMSC 1182, CMSC 1184, or BALT 1150. Co-registration in the prerequisites is permitted. IAI BUS903. This is a core course requiring a minimum letter grade of “C” for business majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
ACCT 1112 Principles of Managerial Accounting. (Formerly 112) Principles of managerial accounting; including cost accounting, planning and control systems, and analysis and interpretation of financial statements. Prerequisite: ACCT 1111. IAI BUS904. This is a core course requiring a minimum letter grade of “C” for business majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
ACCT 2211 Intermediate Accounting I. (Formerly 211) A thorough study of balance sheet accounts integrated with an analysis of their relationship to the income statement., statement of cash flows, and their use by management and external users. Prerequisite: ACCT 1111. This course requires a minimum letter grade of "C" for majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
ACCT 2212 Intermediate Accounting II. (Formerly 212) Part 2 of a thorough study of balance sheet accounts integrated with an analysis of their relationship to the income statement., statement of cash flows, and their use by management and external users. Prerequisite: ACCT 2211. This course requires a minimum letter grade of "C" for majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
ACCT 2297 Internship. (Formerly 297) Practical experiences in business related fields under the supervision of the program coordinator. 2-6 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Designation: Engaged Learning
Campus: LISLE (Typically Offered: Periodically)
MESA
MESA
ACCT 3120 VITA Service Learning. (Formerly 120) A service learning course built around the Internal Revenue Service (IRS) volunteer income tax assistance (VITA) program. Students must participate in the training, successfully complete an online IRS exam, and participate at the volunteer income tax advising site. 2 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 4. Department Consent Required.
Campus: LISLE
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
ACCT 3309 Accounting Information Systems Laboratory. (Formerly 309) Students will understand and use accounting software to complete projects related to business processes. Prerequisite: ACCT 1111 and ACCT 1112 and Sophomore standing. 2 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
ACCT 3310 Accounting Information Systems. Students will learn to analyze the role of accounting information systems within a company's operating systems; appreciate the wider view of accounting's role in an organization as an integrated and comprehensive database; and learn the connections between transaction cycles, internal controls, and computer ethics. Students will Identify major business processes, apply enterprise risk management and the COSO framework to identify risks and controls over these processes, including the risks and controls of a service organization. They will explain the role of IT within the organization including its impact on financial reporting and strategy. They will also understand IT governance, the use of hardware, software, databases, network technology and mobile technology and the advantages/risks of using cloud computing. Sophomore standing. Prerequisite: ACCT 1111 and ACCT 1112. This course requires a minimum letter grade of "C" for majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
ACCT 3311 Advanced Managerial Accounting. (Formerly 311) A comprehensive study of methods used to develop cost information for manufacturing and service operations and of models for business planning and control. Prerequisite: ACCT 1112. This course requires a minimum letter grade of "C" for majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
ACCT 3312 Taxation of Individuals. (Formerly 312) An introductory study of federal regulations covering income taxation of individuals. Prerequisite: ACCT 1111. This course requires a minimum letter grade of "C" for majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
ACCT 3313 Taxation of Corporations & Entities. An introductory study of federal regulations covering income taxation of corporations, partnerships, and other entities. Prerequisite: "C" or better in ACCT 3312. This course requires a minimum letter grade of "C" for majors. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
ACCT 3321 Forensic Accounting. (Formerly 321) A comprehensive study of forensic accounting topics. This course provides students of all majors, concentrations, and level of study with a background in the field of forensic accounting - fundamentals, tools, and accounting applications. Prerequisite: ACCT 1111. 3 semester credit hour/s.
Campus: LISLE
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
ACCT 3322 Fraud Examination. (Formerly 322) An examination of schemes used by executives, managers, and employees to commit fraud against their organizations and the prevention, detection, and investigation strategies used to combat these schemes. Prerequisite: ACCT 3321. 3 semester credit hour/s.
Campus: MESA (Typically Offered: Periodically)
ACCT 3323 Computer Fraud. This course provides an understanding of how fraud is accomplished by the use of computers and the Internet. It discusses the types of computer fraud that can occur in organizations and how computer fraud can be prevented. Prerequisite ACCT 3321. 3 semester credit hour/s.
Campus: MESA (Typically Offered: Periodically)
ACCT 3324 Fraud and the Legal Environment. This course examines criminal theory relating to fraud, existing legislation governing fraud, and preparation of fraud cases in the court system. Cross-listed with MBA 6608. Prerequisite: ACCT 3321. 3 semester credit hour/s.
Campus: MESA (Typically Offered: Periodically)
ACCT 3391 Topics. Specially designed courses in various business topics to supplement the business curriculum. Prerequisite: Varies based upon the specific topic being explored. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12.
Campus: LISLE
MESA
MESA
ACCT 3395 Independent Study. Provides an opportunity for an advanced student in the major to pursue study in a field of business related interest. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Campus: LISLE
MESA
MESA
ACCT 3397 Internship. (Formerly 397) Practical experiences in business related fields under the supervision of the program. Prerequisite: Consent of faculty coordinator. 2-6 semester credit hour/s. Department Consent Required.
Designation: Engaged Learning
Campus: LISLE
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
ACCT 4313 Auditing and Assurance Services. (Formerly 313) An intensive study of PCAOB auditing standards, generally accepted auditing standards and procedures. Prerequisite: ACCT 2212. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA
MESA
ACCT 4315 Advanced Accounting. (Formerly 315) A study of the accounting methods for consolidations, foreign subsidiaries, governmental organizations, non-profit entities, and partnerships. Prerequisite: ACCT 2212. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
ACCT 4316 Accounting Research. (Formerly 316) Students will become familiar with sources of accounting standards and current information affecting the accounting profession. Their communication and research skills will be used to learn about and report on the reasoning behind the development of accounting standards and current issues in accounting. Prerequisite: ACCT 2212 and Junior standing. 2 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
ACCT 4395 Independent Study in Accounting. This course allows an opportunity for a student to concentrate on a specific topic related to an existing course or to explore a timely topic not covered in an existing course. A proposal is required, outlining the nature of the problem and scope of the investigation. A research paper or project is required, as appropriate to the problem under investigation. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
ACCT 4396 Special Topics in Accounting. Timely accounting topics are presented in the form of 1, 2, or 3-semester credit hour courses. Keeping pace with advances in accounting requires constant learning. These courses provide an opportunity to examine and assess issues in accounting. There are no designated prerequisites, but students are encouraged to have completed several accounting courses. Topics are announced in advance. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
Business Analytics
BALT 1140 Excel with Business Applications. (Formerly 2240) The participants in this course will not merely be able to calculate the bottom line, they will engage in the art of business analytics. Mastering the basics will open the door for serious financial calculations using real data modeling. Having derived the numbers, extensive use of Excel's graphic functions will be deployed to tell the business story. Since not all things can be calculated, use of Excel's statistical functions will be exercised to determine probabilities. To embolden the brave, we will delve into the extensive capabilities of macros that provide complete access to the whole of the Microsoft Office suite. Prerequisite: MATH 1105 or MATH 1110. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
BALT 1150 Business Statistics I. (Formerly MGT 1150) Basic course in statistical technique; includes measures of central tendency, variability, probability theory, sampling, estimation, and hypothesis testing. Prerequisite: MATH 1105 or MATH 1110. Credit will not be given for both MATH 1150 and BALT 1150. IAI BUS901. 3 semester credit hour/s.
Designation: Computational, Mathematical, and Analytical (QCM)
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA
MESA
BALT 2251 Business Statistics II. (Formerly MGT 2251) Covers: Regression and correlation, analysis of variance, and nonparametric statistics. Prerequisite: MGT 2251 or BALT 1150. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA
MESA
BALT 2297 Internship. (Formerly 297) 2-6 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Designation: Engaged Learning
Campus: LISLE (Typically Offered: Annually)
BALT 3300 Programming for Analytics. (Formerly 300) This course will provide an introduction to programming languages used for analytics. Students will be exposed to the techniques required to take programming certification exams in the software presented. Prerequisite: Must earn a grade of "C" or better in MGT or BALT 1150. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
BALT 3301 Managerial Decision Making Under Uncertainty. (Formerly 301) This course introduces students to the art and science of decision making under constraints such as limited data, uncertainty, and competing objectives. The course provides students with hands on experience using problem solving techniques. Students will be introduced to simulation modeling, optimization techniques, and decision trees. Prerequisite: MGT or BALT 1150. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
BALT 3310 Visualization Techniques and Dashboarding. There is a proliferation of data within organizations that can be used to reduce expenses and increase profits i.e. gain a competitive edge. Attempting to gain insight into the numbers through text is ineffective. Visualization techniques provide an opportunity to spot trends and patterns. This course focuses on using visualization techniques to develop business insights and dashboards to effectively convey those insights to a non-technical audience. Prerequisite: Must earn grade of "C" or better in MGT or BALT 1150. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA
MESA
BALT 3325 Lean Six Sigma for Operational Excellence. (Formerly 325) Lean Six Sigma is a methodology that focuses on process efficiency and effectiveness which directly translates into increased customer satisfaction and improved return on Investment (ROI). This course focuses on the linkage between strategy and achieving operational efficiency using real-world projects and business cases. Prerequisite: Earned a grade of "C" or better in MGT or BALT 1150. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
BALT 3330 Database Structures & Queries. (Formerly 330) In this course students will be introduced to the basic concepts of databases. The course stresses the storage, retrieval and manipulation of data using SQL. Computer software techniques used in business with emphasis on information management and database management systems (data management and analysis; database management systems, and query languages). The course also includes an overview of a data warehouse structure, developing skills in Microsoft Access and data retrieval for analysis. Prerequisite: Earned a grade of "C" in BALT 1140. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
BALT 3350 Business Process Management. (Formerly 350) This course introduces the latest advances in business process technologies and management such as business process planning, business process requirements analysis, business process modeling, workflow system design, and implementation. The course will emphasize a hands-on approach. Prerequisite: Earned a grade of "C" in BALT 1140. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
BALT 3360 Social Network Analysis. Social computing is a term used to describe the intersection of human social behavior and technology systems. This course will introduce students to the concepts of social networks from the viewpoint of economists, sociologists, psychologists, and technologists. The focus of the course will be on viewing social groups as networks and decision making as a form of game theory. Real world applications such as online auctions and prediction markets will be explored. Prerequisite: Earned a grade of "C" in BALT 3301 or MGT/BALT 2251. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Periodically)
BALT 3370 Introduction to GIS for Business Analysis. (Formerly 370) Introduction to GIS for Business Analysis. GIS is an advanced data visualization technique which organizes spatial data into layers for analysis and viewing as maps and 3d scenes. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Periodically)
BALT 4320 Data and Text Mining. (Formerly 320) Knowledge discovery and business analytics are core tools used by organizations to direct business decisions, improve strategies, reduce risk, and create new business opportunities. This course focuses on algorithm techniques that can be used for knowledge discovery such as classification, association rule mining, clustering, and heuristics. Successful applications of this methodology have been reported in areas such as credit rating, fraud detection, database marketing, customer relationship management, and stock market investments. This course will cover data mining for business intelligence and will cover applications to both data and text. The focus is on several techniques that aim at discovering patterns that can bring value or “business intelligence” to organizations. Examples of such patterns include fraud detection, consumer behavior, and credit approval. The course will cover the most important data mining techniques including: classification, clustering, association rule mining, prediction --- through a hands-on approach using specialty software. Prerequisite: Earned a grade of "C" in BALT 2251. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
BALT 4330 Predictive Analytics I. (Formerly FINA 3335/330) Acquaints students with statistical forecasting methodologies while placing special emphasis on the underlying assumptions. The emphasis is on time-series methods used for forecasting and includes techniques such as decomposition, smoothing, regression, and ARIMA modeling. Pre-Requisite: MGT/BALT 2251 or BALT 3301. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
BALT 4350 Web Intelligence and Analytics. (Formerly 340) This course will focus on developing an understanding of web analytics and web intelligence. Students will learn how to: leverage Web site effectiveness and marketing; measure, identify, and interpret key Web metrics and KPIs. Additionally, students will gain an understanding of main data collection techniques, their impact on metrics, and their limitations. Insight into the potential of data mining and predictive analytics in the context of the Web will be explored as well as web spiders, web bots, and social listening software. Prerequisite: BALT 3330. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Periodically)
BALT 4361 Fun with AI: Hands-On Intro to Artificial Intelligence and Text Prompting. This course can help anyone enjoy exploring AI, and learn to think critically about it. Activities include exploring the latest generative AI tools that allow you to create video and music with text prompts. No prior experience required. Free texts include: Surfing the Tsunami, which includes a general intro to AI as well as introducing related societal impact and ethical questions; Carla and Her Data, a book co-authored with Richard Whitt, a Georgetown legal scholar, focused on ethical implications of AI and Discovering Data: a book to introduce AI with hands-on activities and learning about how AI is used in business. Appropriate for business students learning about AI, CS students (who have a documented need exposure to business), and any other discipline. Certification: an AI ethics certification from Glia.net will be included, which helps students to engage with how fiduciary principles can be used in handling sensitive data. Credit will not be given for both BALT 4361 and BALT 4391, Fun with AI. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
BALT 4362 Make Your Own Bots: Automating Tasks with ChatGPT, RPA and Prompt Engineering. Hands-on introduction to how you can make bots, with emerging platforms that require no coding experience; general hands-on introduction to how automation is impacting business, including ethical implications. A closer look is taken at prompt engineering, which is very doable and is a top emerging skill. No prior experience required. Students are introduced to several data certifications, which can help individuals to be more competitive in the job market. Credit will not be given for both BALT4362 and BALT4391, Make your own Bots. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
BALT 4363 Data Superpowers: Learning Python and AI Math In Context, with ChatGPT and Prompt Engineering. Hands on introduction to Python coding and math related to AI, with a focus on math actually used in the workplace, and ways to use Python Libraries and ChatGPT instead of having to fully memorize the math. Math and coding expertise is a primary barrier for entry into most masters programs in AI and this course is meant to help students see coding and math as tools, build confidence with assistants like ChatGPT and Python Libraries, and discuss how learning more math can help you in some situations with optimization. Includes introduction to python certification, which can help learners to become more competitive in the job market. Discussion of how Python can give you more advanced capability to “train” AI through prompt engineering. Credit will not be given for both BALT4363 and BALT4391, Data Superpowers. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
BALT 4364 Learning Conventional AI and Generative AI with Google Collab and ChatGPT. This is meant to give students exposure to important tools such as Google Collab, which can simplify and expedite learning AI, and integrates ChatGPT as a tutor. “Conventional AI” is the primary field of machine learning and deep learning that has been increasingly used in business, and students are introduced to assistive platforms that make it easier to use, but are also invited to try using AI directly, through Python, with help from ChatGPT (like having a tech assistant and tutor). Generative AI is the newer form of AI that is taking the world by storm, which led to ChatGPT and other tools, based on LLMs, or large language models. General hands-on introduction also includes exploration of http://fast.ai, which students are invited to start exploring and to full explore after this course. It is recommended that students either take the Data Superpowers course, or to work through both free Python books at http://www.learnskills.tech. Credit will not be given for both BALT4364 and BALT 4391, Learning Conventional AI and Generative AI. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
MESA (Typically Offered: Fall Term)
BALT 4395 Independent Study in Business Analytics. This course allows an opportunity for a student to concentrate on a specific topic related to an existing course or to explore a timely topic not covered in an existing course. A proposal is required, outlining the nature of the problem and scope of the investigation. A research paper or project is required, as appropriate to the problem under investigation. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
BALT 4396 Special Topics in Business Analytics. Timely business analytics topics are presented in the form of 1, 2, or 3-semester credit hour courses. Keeping pace with advances in analytics requires constant learning. These courses provide an opportunity to examine and assess issues in analytics. There are no designated prerequisites, but students are encouraged to have completed several business analytics courses. Topics are announced in advance. Department Consent Required. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
BALT 4397 Institute Project. (Formerly 397) Real-world project in business analytics under the supervision of a faculty mentor. 2-6 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Designation: Engaged Learning
Campus: LISLE
Economics
ECON 1100 Introduction to Economics. This core course is a general introduction for non-majors into the operation of the economy. Includes the demand-supply model, and study of specific market structures (Microeconomics), and the aggregate demand-aggregate supply model, business cycles, unemployment, inflation and monetary and fiscal policy (Macroeconomics). Pre-requisite: MATH 0095. IAI S3900. 3 semester credit hour/s.
Designation: Political, Global, and Economic Systems (QPE)
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA
MESA
ECON 2001 Principles of Microeconomics. (Formerly 2102) Demand-Supply model, consumer and firm decision-making, market structures, price determination, resource allocation. Prerequisite: MATH 1105 or MATH 1110. IAI S3902. 3 semester credit hour/s.
Designation: Political, Global, and Economic Systems (QPE)
Campus: LISLE
MESA
MESA
ECON 2002 Principles of Macroeconomics. (Formerly 2101) Determination of income, employment, and the price level. Effects of fiscal and monetary policies. Prerequisite: MATH 1105 or 1110. IAI S3901. 3 semester credit hour/s.
Designation: Political, Global, and Economic Systems (QPE)
Campus: LISLE
MESA
MESA
ECON 2201 Theory of Income and Economic Growth. Advanced analysis of determinants of growth, national income, employment, and price level; monetary and fiscal policy. Prerequisite: ECON 2002, ECON 2001. 3 semester credit hour/s.
Campus: LISLE
ECON 2292 Economics Teaching. (Formerly 292) This course is a practicum in economics. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
ECON 3202 Price Theory and Application. Analysis of consumer choices and of decision-making by firms under different market conditions. Prerequisite: "C" or better in ECON 2001 and ECON 2002. 3 semester credit hour/s.
Campus: LISLE
ECON 3291 Topics. (Formerly 291) Advance coverage of selected topics in economics. Specific content will vary from year to year depending on which faculty member teaches the course. 3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 15.
Campus: LISLE
ECON 3305 Comparative Economic Systems. (Formerly 305) A comparative analysis of the major world economic systems, including a critical appraisal of underlying philosophies, economic theories, structures, and performance. 3 semester credit hour/s.
Campus: LISLE
ECON 3360 International Trade and Finance. (Formerly 360) Trade theory, trade barriers, balance of payments, exchange rates, open-economy macroeconomics. Prerequisite: ECON 2002 and ECON 4310. 3 semester credit hour/s.
Campus: LISLE
ECON 4297 Internship. (Formerly 297) Practical experience in economics/business-related fields under the supervision of the program. 2-6 semester credit hour/s. Department Consent Required.
Designation: Engaged Learning
Campus: LISLE (Typically Offered: Periodically)
ECON 4310 Money and Financial Markets. (Formerly 310) Study of money, the banking system, monetary theories, and relation of the monetary system to national income, employment, and price levels. Prerequisite: Earned a grade of "C" or better in both ECON 2001 and ECON 2002. Cross-listed as ECON 4310/FINA 4310. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
LISLE
MESA (Typically Offered: Periodically)
LISLE
MESA (Typically Offered: Periodically)
ECON 4391 Topics. (Formerly 391) Advance coverage of selected topics in economics. Specific content will vary from year to year depending on which faculty member teaches the course. 3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 15.
Campus: LISLE (Typically Offered: Periodically)
Finance
FINA 2220 Personal Financial Planning. (Formerly 220) An introduction to personal financial planning. Topics covered include: time value of money, tax planning, cash management, credit cards, purchase of home, auto and health insurance, retirement and estate planning. 3 semester credit hour/s.
Designation: Individuals, Organizations, and Societies (QIO)
Campus: LISLE (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
MESA (Typically Offered: Periodically)
FINA 2297 Internship. (Formerly 297) Practical experiences in business related fields under the supervision of the program coordinator. 2-6 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Designation: Engaged Learning
Campus: LISLE
FINA 2300 Principles of Finance. This course provides a brief introduction to the fundamentals of corporate finance to help students acquire an understanding of broad economic issues that are of wide applicability in many areas of corporate finance. Key concepts and applications include: time value of money, risk-return tradeoff, cost of capital, interest rates, capital budgeting, bond and stock valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, payback period. Prerequisite: Earned a grade of "C" or better in both ACCT 1111 and BALT 1150 or MGT 1150. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA
MESA
FINA 3320 Investments. (Formerly 320) A framework useful to develop investment policy for individuals and institutions; security evaluation methods and portfolio management strategies are developed. Prerequisite: FINA 2300. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
MESA (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
FINA 3360 Econometrics I. This course covers the statistical tools needed to understand empirical economic/finance research and to plan and execute independent research projects. It involves the economic applications of the statistical techniques of simple and multiple regression analysis. The course assumes a basic knowledge of statistical analysis, such as hypothesis testing and interval estimation. Prerequisite: Earned a grade of "C" or better in both BALT 1140 and BALT 1150. 3 semester credit hour/s.
Campus: LISLE
MESA
MESA
FINA 3365 Fundamental and Technical Currency Trading. Fundamental and technical trading is driven by the practitioners’ knowledge of managing an enhanced algorithmic proprietary foreign exchange fund. The class will learn the basics of managing money and speculative trading on the basis of economic analysis, western and eastern technical analysis (with an emphasis on candlestick charting), and psychological attitudes. Students will produce and trade their own speculative trading plan: watch the market, analyze profitable situations, and produce winning trades. The class will manage a $50K simulation speculation book and will also watch the professor trade a real money book in class. Prerequisite: FINA 2300. 3 semester credit hour/s. Department Consent Required.
Campus: LISLE
MESA
MESA
FINA 3391 Topics. (Formerly 391) Specially designed courses in various business topics to supplement the business curriculum. Prerequisite: Varies based upon the specific topic being explored. 3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12.
Campus: LISLE
FINA 3395 Independent Study. (Formerly 395) Provides an opportunity for an advanced student in the major to pursue study in a field of business related interest. 1-3 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Campus: LISLE
FINA 4305 Capital Acquisition and Alternative Investments. (Formerly FINA/ENT 3310) This course focuses on funding and managing entrepreneurial businesses through the various stages of business growth and explores differences in funding for different business models and organizations (e.g. technology, non-profit). Students will learn: 1) how to develop pro forma financial plans 2) conduct what-if analysis by the changing funding requirements of a firm growing from inception through maturity with a particular emphasis on deal structure and risk/reward scenarios for different investor types. Prerequisite: Earned grade of "C" or better in FINA 4380. 3 semester credit hour/s.
Campus: LISLE
FINA 4325 Futures and Derivatives. (Formerly 4325) An examination of the pricing and use of options, futures, forwards and swaps in the financial markets. Prerequisite: Earned a grade of "C" or better in FINA2300. 3 semester credit hour/s. Typically offered: Annually. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Annually)
FINA 4335 Financial Risk Management. This course will introduce students to financial risk management issues in different financial assets. The course will cover Greek letters, volatilities, Value at Risk, and Stress Testing. Prerequisite: Earned a grade of "C" or better in both FINA 2300 and FINA 4325. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Annually)
MESA (Typically Offered: Spring Term)
MESA (Typically Offered: Spring Term)
FINA 4340 Fixed Income. This course will introduce students to fixed income markets and debt securities. Topics covered include: interest rate measures, forwards, futures, duration and convexity, the yield curve, and yield spreads. Prerequisite: Earned a grade of "C" or better in both FINA 2300 and BALT 3301. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Annually)
FINA 4355 Equity Valuation. The objective of this course is to learn firm, debt, and equity valuation methods in a framework that is both conceptually rigorous and relevant for practice. While there are new concepts introduced in this course, the emphasis is on the practical application of finance and accounting concepts already covered in other courses. Prerequisite: Earned grade of "C" or better in FINA 2300 and MGT/BALT 2251 or BALT 3301. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
FINA 4360 Econometrics II. The continuation of Econometrics I with a focus placed upon basic time series analysis. The course will cover basic regression analysis, Serial Correlation and Heteroskedasticity in time series, and other advanced topics in financial risk management. Prerequisite: Earned a grade of "C" or better in FINA 3320 and FINA 3360. 3 semester credit hour/s.
Campus: LISLE
MESA
MESA
FINA 4365 Financial Modeling. The course provides the financial modeling skills of practical problems in investment analysis, portfolio management, and valuation. In particular, the course will cover the application of Excel spreadsheet (and other statistical software) to the statistical analysis of financial market data, optimization problems, the valuation of financial assets and Monte Carlo simulation. Prerequisite: Earned a grade of "C" or better in both FINA 4325 and FINA 4340. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
MESA (Typically Offered: Fall and Spring Terms)
FINA 4370 Multinational Corporate Finance. (Formerly 3370) Stresses the financial decision-making of a firm in an international setting. Covers international financial markets, exchange risk management, asset and liability management, and international banking. Prerequisite: Earned grade of "C" or better in ECON 2001, ECON 2002, and FINA 4380. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA
MESA
FINA 4380 Advanced Managerial Finance. A continuation of principles of finance with a focus placed upon corporate financial decisions. This course focuses on the corporate financial management which involves planning, acquiring, and effectively allocating of funds within a business. It also discusses challenges of managing the firm from a financial perspective in terms of the firm’s capital structure, investment in capital projects, funding capital, regulations of business financing. Prerequisite: FINA 2300. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
MESA
MESA
FINA 4391 Applied Investment Management I. The course covers various topics in portfolio management including stock return analysis, firm analysis, and constructing portfolio using diversification. Students will use stock trading simulation to apply theory and practical methods. The course also includes option and bond trading. Prerequisite of "C" or better in FINA 2300 or by permission number obtained by the department. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Spring Term)
FINA 4392 Applied Investment Management II. The course covers various topics in portfolio management including analysis of financial risk, hedging the financial risk using derivatives and constructing portfolio using minimum variance. Students will use stock trading simulation to apply the risk measures and hedging methods.
Prerequisite of "C" or better in FINA 2300 or by permission number obtained by the department. 3 semester credit hour/s.
Campus: LISLE (Typically Offered: Fall Term)
FINA 4393 Applied Investment Management III. As a continuation of Applied Investment Management II, the course covers various topics in portfolio management including time series analysis, firm analysis, and asset management. Students will apply theory and practical methods in fund management. The course also includes investment strategy, recording trading log and presentation skills. This is the third course of three Applied Investment Management courses. 3 semester credit hour/s. Department Consent Required.
Campus: LISLE (Typically Offered: Spring Term)
FINA 4397 Institute Project. (Formerly 397) Practical experiences in business related fields under the supervision of the program coordinator. 2-6 semester credit hour/s. Course Repeatable. Maximum number of units allowed: 12. Department Consent Required.
Designation: Engaged Learning
Campus: LISLE
John Draut (1996), M.B.A.
Business
Instructor, Accounting, Finance, Economics and Analytics
MBA DePaul University; 1981
Namhoon "August" Lee (2022), Ph.D.
Business
Associate Professor, Accounting, Finance, Economics and Analytics
Ph.D. 2012, Management Science with Finance concentration, Illinois Institute of Technology
M.S. 2006, Finance, Illinois Institute of Technology
M.B.A. 2004, Thunderbird School of Global Management
B.S. 1995, Physics, Korea University, Seoul
Zhen Liu (2017), Ph.D.
Business
Associate Professor, Accounting, Finance, Economics and Analytics
Ph.D. 2007, Northwestern University
Barbara T. Ozog (1992), Ph.D.
Business
Professor, Accounting, Finance, Economics and Analytics
Ph.D. 1985, Northwestern University
M.S. 1979, Northwestern University
B.S. 1977, Loyola University Chicago
Robert Rebman (2007), Ph.D., CPA
Business
Assistant Professor, Accounting, Finance, Economics and Analytics
PhD, 2020, Capella University
MBA 1988, University of Chicago
BSBA, 1977, Roosevelt University, Chicago
Florina Salaghe (2017), Ph.D.
Business
Associate Professor, Accounting, Finance, Economics and Analytics
Ph.D. 2017, University of Nevada, Reno
B.S. Finance Babes Balyai University, Cluj Napoca, Romania 2004
Tsui-Fan Tom Yu (2008), Ph.D.
Business
Assistant Professor, Accounting, Finance, Economics and Analytics
Ph.D. 1978, Texas A&M University
M.S. 1973, Arizona State University
B.S. 1971, Montana State University