Academic Catalog

Finance (FINA)

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)
 
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. (Formerly 300) Covers financial structure of a corporation, short-and long-term financial policies, sources and uses of capital funds, asset valuation, capital acquisition, capital budgeting, and corporate growth. Prerequisite: Earned a grade of C or better in both ACCT 1112 and MGT 1150. 3 semester credit hour/s. 
Campus: LISLE (Typically Offered: Fall and Spring Terms)
MESA
 
FINA 3310 Capital Acquisition and Alternative Investments. (Formerly ENT 310) 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 b) 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. 3 semester credit hour/s. 
Campus: LISLE 
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)
 
FINA 3365 Fundamental and Technical Currency Trading. (Formerly 365) 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. This class is necessary if the student plans to enroll in the Talon Fund internship which is the Benedictine vehicle for the MMspire Trading internship: http://www.mmspiretrading.com/. Prerequisite: FINA 2300. 3 semester credit hour/s. Department Consent Required.  
Campus: LISLE
MESA
 
FINA 3370 Multinational Corporate Finance. (Formerly 370) 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: ECON 2101, ECON 2102, ACCT 1111. 3 semester credit hour/s. 
Campus: LISLE (Typically Offered: Fall and Spring Terms)
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 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 2101 and ECON 2102. Cross-listed as ECON 4310/FINA 4310. 3 semester credit hour/s. 
Campus: LISLE
MESA (Typically Offered: Periodically)
 
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 4330 Risk Management. (Formerly FINA 3335) This course will introduce students to risk management issues faced by all companies. The course will cover governance, types of risk, (market, credits, liquidity, operational, and reputational), how to calculate Value at Risk using simulation, portfolio Value at Risk, and Stress Testing. Prerequisite: Earned a grade of C or better in both FINA 2300 and MGT 2251 or BALT 3301. 3 semester credit hour/s. 
Campus: MESA (Typically Offered: Spring Term) 
FINA 4335 Risk Management. (Formerly FINA 3335) This course will introduce students to risk management issues faced by all companies. The course will cover governance, types of risk, (market, credits, liquidity, operational, and reputational), how to calculate Value at Risk using simulation, portfolio Value at Risk, and Stress Testing. Prerequisite: Earned a grade of C or better in both FINA 2300 and MGT 2251 or BALT 3301. 3 semester credit hour/s. 
Campus: LISLE (Typically Offered: Annually) 
FINA 4340 Fixed Income. (Formerly 345) This course will introduce students to international 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. (Formerly 355) This course will introduce students risk management issues faced by all companies. The course will cover governance, types of risk (market, credit, liquidity, operational and reputational), how to calculate Value at Risk using simulation, portfolio Value at Risk and Stress Testing. Prerequisite: FINA 2300 and MGT 2251 or BALT 3301. 3 semester credit hour/s. 
Campus: LISLE (Typically Offered: Fall and Spring Terms) 
FINA 4380 Advanced Managerial Finance. (Formerly 380) A continuation of Managerial Finance with a focus placed upon corporate financial decisions. The case approach is used to analyze various advanced finance-related topics. This is the capstone course for the Finance major. Prerequisite: FINA 2300. 3 semester credit hour/s. 
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