BUS 342  Fundamentals of Corporate Finance (4)
Theory and applications of financing business operations. Financial management of current and fixed assets from internal and external sources. Analysis, planning, control, and problem solving. Some discussion of corporate social responsibility in the context of corporate objective functions. The use of technology in the form of financial calculators and/or spreadsheets. 4 lectures. Prerequisite: A grade of C- or better in all of the following: ECON 222, MATH 221, STAT 252, BUS 215. Junior standing required.

BUS 439  Fixed Income Securities and Markets (4)
Development of analytical skills for properly valuing fixed income securities. Bond pricing, yields, and volatility; interest rate term structure and yield curve; securities, market structure, and analytical techniques; bond portfolio strategies and an introduction to interest rate derivatives. 4 lectures. Prerequisite: BUS 342.

BUS 431  Security Analysis and Portfolio Management (4)
In-depth analysis of equity market and its instruments. Detailed study of leading stock valuation models. Impact of changes in the firm’s funda-mentals and in macroeconomic factors on stock prices. Brief introduction to equity and index derivatives. 4 lectures. Prerequisite: BUS 342

BUS 438  Advanced Corporate Finance (4)
Corporate finance with an emphasis on managing the corporation to create shareholder value. Detailed treatment of topics such as capital budgeting, capital structure, economic value-added, corporate distribution policy, financial distress, and mergers and acquisitions. 4 lectures. Prerequisite: BUS 431 and BUS 439.

BUS 343  Quantitative Methods in Finance (4)
Basic mathematical foundations for advanced courses in finance: mathematical finance -- dealing with elementary materials (time value of money, single multiple period portfolio choice, and application of arbitrage), and risk management –  dealing with value-at-risk, stressing current industry practices. 4 lectures. Prerequisite: STAT 252.