Building on the risk and return model of portfolio theory by Markowitz, asset pricing models are developed and implications for portfolio construction are analyzed. Assessment of the risk and return measures of portfolio performance is developed, with special attention to diversification, international investing, and uses of options and futures contracts. FIN357 or FIN358. This course explores the theories and pragmatic techniques of managing depository institutions in today's dynamic banking environment. The course also examines asset and liability management strategies and impacts on profitability of depository institutions.
Senior standing is required.
3 semester hours FIN481 Special Topics in Finance Topics under this course heading will vary from year to year according to student interest, faculty availability, and timely developments in the field of finance. This course examines the methods of financing multinational corporations. After reviewing the international monetary system, international finance, and international money and capital markets, students continue on to the study of the financial policies and strategies of multinationals. Topics include the methods and process of financing international trade, hedging and arbitrage, risk analysis, and insurance and guarantee programs. Also considered are the application of capital budgeting techniques and working capital management to foreign investments and tax considerations in making multinational financial decisions.