FNCE 8315 Financial Market Institution 10 credits
The module covers investigation and analysis of organization, structure and performance of money, capital market and institutions. It also covers the impact of financial institutions on the allocation of funds to various sectors of the economy, analysis of the intermediary process, determination of interest rates in the financial markets, regulation of the financial industry, and the role of financial instruments. The students are expected to become familiar with current events in the financial news.Prerequisite: ECON 8214 Macroeconomics
FNCE 8324 International Finance 10 credits
The module examines the financial operations of the firm from the international point of view. Topics include exchange rate determination, foreign exchange risk management (hedging techniques B forward/ futures, options and swaps), international financial markets (bond & equity and foreign exchange rate), and balance of payment, trade documentation and international budgeting. This module is set up so as to enable the learner to be able to well integrate themselves with the recent trends as far as globalization and finance is concerned. International finance as a module attempts to provide a comprehensive introduction to issues related to the recent integration of financial institutions on the global platform.Prerequisite: ECON 8214 Macroeconomics
MGMT 8411 Insurance Institutions Management 10 credits
This module is a study of different types, sources and causes of risks to both business and persons. It studies how to eliminate/minimize/transfer or avoid risk. It covers topics like risk sharing, risk passing in insurance companies and other agencies. The importance of sound management of insurance plans/ risk management and the government regulations of the insurance/risk management industry are also of primary importance. It will also cover topics such as: insurance claims management, life, health, motor, agricultural, marine and Goods-in-transit insurance management: Prerequisite: STAT 8215 Inferential statistics in business Administration
FNCE 8411 Principles of Real Estate and Real Estate Finance 10 Credits
A comprehensive coverage of real estate. Including land description, ownership of real estate, conveyance of property, leases, real estate valuation, rights in real property, public programs, and other topics relating to real property. Prerequisite: FNCE 8222 Personal Financial Planning
FNCE 8416 Corporate Finance 10 credits
This module concentrates on corporate companies. It provides an in depth treatment of working capital analysis, cash budgeting, receivable management, credit policy, Inventory management, long term financing decisions including sources of long term funds and financial leverage. The module familiarizes students with most important tools, concepts and topics in the areas of corporate finance. It provides in depth treatment of working capital analysis, long term financing decisions including sources of long term funds, financial leverage, measurement of cost of capital, capital budgeting decision methods, projects cash flow analysis, risks in capital budgeting, optimal capital budget, and lease financing. Prerequisite: BSAD 8324Financial Management.
FNCE 8421 Financial Derivatives 10 credits
This module presents and analyzes derivatives, such as forwards, futures, and options. These instruments have become extremely popular investment tools over the past several decades, as they allow one to tailor the amount and kind of risk one takes, be it risk associated with changes in interest rates, exchange rates, stock prices, commodity prices, inflation, weather, etc. They are used by institutions as well as investors, sometimes to hedge (reduce) unwanted risks, sometimes to take on additional risk motivated by views regarding future market movements. The module defines the main kind of derivatives, shows how they are used to achieve various hedging and speculating objectives, introduces a framework for pricing derivatives, and studies several applications of derivative-pricing techniques outside derivative markets. By its very nature a module like this involves some advanced mathematics and statistics. However, in this module the math will be kept to the minimum that is required (the higher level math will be relegated to Appendices and will be optional). The goals are to (a) understand the characteristics of various derivatives, (b) take a look at the “black box” so as to understand the pros and cons of various models that are widely used, and (c) gain some experience in applying these instruments and models for valuation, risk management and financial engineering. Prerequisite: FNCE 8314 Investment Analysis