• SMG FE 450: Private Equity: Leveraged Buyouts
    Undergraduate Prerequisites: SMG FE 449.
    Exposes students to, and demystifies, the world of Private Equity (PE). The focus is centered on LBOs and their position in the "alternative asset" class. Students learn about the activities of a PE firm including formation, fund-raising, investing (including deal structure, terms, due diligence, and governance), and exiting. Also discussed are what other industry sectors serve or are affected by PE and who the players are. Case study and class participation will be the primary modes of learning.
  • SMG FE 454: Investment Banking
    Undergraduate Prerequisites: SMG FE 449.
    Provides an overview of the economic functions provided by investment banks including a history of the industry, current events, public policy issues and the difference between large, full service investment banks and smaller, boutique firms. Topics include: What do investment bankers do? What are the different types of analyses performed by investment bankers? What are the various types of financial securities? What is the underwriting process and how are securities priced? Focuses on the issuing process and pricing for equity, fixed income, and equity-linked securities. Also focuses on the role of investment banks in mergers, acquisitions, divestitures, and other restructuring. Additional topics include equity research, capital markets, institutional sales, trading, asset management, securitization, industry regulations, as well as typical career paths and opportunities.
  • SMG FE 455: Financing New Ventures
    Undergraduate Prerequisites: SMG FE 323.
    Students will be expected to have mastered key finance concepts including cash flow analysis, NPV, IRR and basic option pricing theory prior to entering the course. Introduction to raising "angel" funding and venture capital financing for start-up firms. Focus on capital structure analysis, capitalization tables, payoff diagrams, term sheets, equity incentives and negotiating with investors. Students are expected to prepare case studies for class discussion and become familiar with current events in the financial news about start-up company financings.
  • SMG FE 456: Fixed Income Analysis
    Undergraduate Prerequisites: SMG FE 442.
    Covers the analytic techniques used in fixed-income markets to value and measure risk on traditional fixed-rate bonds, floating-rate notes, bonds having embedded options (callable and putable bonds), structured notes, and interest rate derivatives used to manage bond portfolios (primarily interest rate swaps, caps, and floors). Extensive use is made of Excel spreadsheet analysis, including the development of a binomial term structure model to value securities. Focus is on the impact of counterparty and issuer credit risk in fixed-income valuation. 4 cr.
  • SMG FE 469: Real Estate Finance
    Undergraduate Prerequisites: SMG FE 323.
    Provides an introduction to and an understanding of real estate finance. Draws together and considers major functional areas including: structuring, ownership, finance, taxation, property valuation and analysis. The course provides a framework for decision making in the real estate investment and finance fields. The course is specifically designed to offer students interested in real estate careers a foundation from which to build. 4 cr.
  • SMG FE 498: Directed Study: Finance
    Undergraduate Prerequisites: consent of instructor and the department chairman.
    Directed study in Finance. 2 or 4 cr. Application available on Undergraduate Program website.
  • SMG IM 345: International Business Environment
    Undergraduate Prerequisites: CAS EC 101 and CAS EC 102; junior standing
    Required for International Management concentrators. Deals with international economic theories and explores the intersection between theory and practice. Examines the determinants of international trade and payments including international trade theory and policy and balance-of-payments accounting. Explores the implications of trade-promoting and trade-inhibiting institutions and practices: WTO, NAFTA, European Union, etc. Introduces cultural, political, and demographic issues for international managers.
  • SMG IM 445: Multinational Management
    Undergraduate Prerequisites: CAS EC101; CAS EC102; SMG IM345 or SMG FE427 or CAS EC392 or CAS IR292 or equivalent for non-SMG students (may be taken concurrently); senior standing
    This is heavily case-based course studying the business strategies of multi- national enterprises, particularly in high-growth and developing economies. Having worldwide operations not only gives companies access to new markets and diverse resources, it also opens up new sources of information and knowledge that stimulate innovation and operational strategies. Along with opportunities, we also look at the challenges to a more complex, diverse, and uncertain business than those faced by companies who focus primarily in their mature markets or even their own country. This course helps students to acquire skills and perspectives that will help them as they pursue careers with multi-national companies or other opportunities in the global business environment.
  • SMG IM 498: Directed Study: International Management
    Undergraduate Prerequisites: consent of instructor and the department chairman.
    Directed study in International Management. 2 or 4 cr. Application available on Undergraduate Program website.
  • SMG IS 223: Introduction to Information Systems
    Undergraduate Prerequisites: SMG FE 101, sophomore standing
    Provides students with an understanding of the important role that information and information technology play in supporting the effective operation and management of business. Elaborates on the themes of "place to space" and the implications for business of the digital enterprise. Focuses on learning IS concepts in the context of application to real business problems.
  • SMG IS 428: Managing Information Security
    Undergraduate Prerequisites: CAS CS108 or CAS CS111; SMG IS 223 or SMG IS323; Junior standing
    Combines technical and business approaches to the management of information. It will address technical issues such as cryptography, intrusion detection, and firewalls along with managerial ideas such as overall security policies, managing uncertainty and risk, and organization factors. We will examine different aspects of computer security such as password, virus protection, and managing computer security in dynamic environments. Topics will also include network security and how to secure wireless application and services. These technical details will be placed in a business context. The class will have a practical focus as we examine current "best practices" in area. There will be several guest speakers in the security area. This will be a project-oriented class and students will present their research projects during the last several classes. 4 cr.
  • SMG IS 465: Managing Data Resources
    Undergraduate Prerequisites: CAS CS108 or CAS CS111; SMG IS 223 or SMG IS323; Junior standing
    Required for Management Information Systems concentrators. Provides a practical and theoretical introduction to data management focusing on the use of relational database technology and SQL to manage an organization's data and information. Introduces recent topics such as data warehouses and Web databases. Includes a project to design and implement a relational database to manage an organization's data. 4 cr.
  • SMG IS 467: Networking and Data Communications
    Undergraduate Prerequisites: CAS CS108 or CAS CS111; SMG IS 223 or SMG IS323; senior standing
    Required for Management Information Systems concentrators. Introduces technologies, policies, and management and organizational concepts critical to understanding the role of data communications in a rapidly changing business and social environment. The materials focus on: the data communications industry; core technologies including mobile technology and the wireless Internet; management and use of communications technologies; policies; and organizational issues.
  • SMG IS 469: Designing Information Systems
    Undergraduate Prerequisites: CAS CS108 or CAS CS111; SMG IS 223 or SMG IS323; junior standing
    Required for Management Information Systems concentrators. Studies the process of designing and implementing management information systems. Students will learn to analyze organizational information requirements, develop specifications for information systems, manage systems development projects, and understand implementation issues. Key implementation concepts that affect management decisions will be discussed, and reenforced with programming examples. Design support tools will be used to support the design process. Includes a project to design an information system.
  • SMG IS 472: Electronic Commerce
    Undergraduate Prerequisites: SMG IS 223 or SMG IS 323; Senior standing
    The Internet has brought about significant change in the way business is conducted. The rules and business models, however, for the new economy are still in their infancy. This course provides a grounding in the concepts of electronic commerce, and then moves to an examination of the emergent and emerging business models. The IT/IS infrastructure that supports these various business models is addressed, particularly architecting systems including privacy and security issues.
  • SMG IS 479: Innovating with Information Technology
    Undergraduate Prerequisites: SMG IS 223 or SMG IS 323; Junior standing
    Surveys the organizational implementation, uses, and impacts of advanced information technology including decision support systems, management support systems, and expert systems. Includes a group project to design and develop a decision support system.
  • SMG IS 498: Directed Study: Management Information Systems
    Undergraduate Prerequisites: consent of instructor and department chair.
    Directed study in Management Information Systems. 2 or 4 cr. Application available on Undergraduate Program website.
  • SMG LA 245: Introduction to Law
    Undergraduate Prerequisites: SMG SM131 or sophomore standing.
    Provides a broad overview of the American judicial system and fundamental legal issues. Examines dispute resolution, torts, contracts, criminal law, business organizations, employment law, intellectual property, and international law. The goal is to understand not only the basic rules of law but also the underlying social policies and ethical dilemmas. 4 cr.
  • SMG LA 346: Law and Ethics
    Undergraduate Prerequisites: SMG LA 245; junior standing.
    Explores ideas of right and wrong, and how the law interacts with our morality. Examines contemporary social problems, such as whistle-blowing, business liability for crime, same-sex marriage, affirmative action, and bribery, from the perspective of the law. Also focuses on ethical issues facing businesses, such as leadership in a crisis, prosecution of corporations, and current events. Students read Supreme Court decisions, nonfiction accounts of litigation, and case studies, as well as watch films, in an effort to understand the law and analyze our ethical response to contemporary social issues. 4 cr.
  • SMG LA 349: Intellectual Property, the Internet, and Public Policy
    Undergraduate Prerequisites: SMG LA 245; junior standing
    Intellectual Property, the Internet, and Public Policy explores the complex relationship between law and the Internet. Course readings introduce students to modes of Internet regulation, the legal framework erected in the U.S. to shield websites from liability for third-party content and conduct, and issues arising from extraterritorial application of geographic-based law. The course then uses legal disputes over intellectual property--primarily copyright, but also trademarks and patents--to illustrate how various stakeholders use lawsuits, legislation, and other modes of regulation to shape public policy and govern human behavior. Through research of specific online companies student teams will study how law affects business decisions, how public policy influences legal doctrines, and how changes in public policy might alter their target business's prospects. The course culminates in team papers and presentations that tie each team's analysis of their target company to the course's major themes.