Course details for Summer 2017 will be available on December 15. The courses below were offered in Summer 2016 and can serve as a guide to what is typically offered.
Personal Financial Planning
MET MG 202
The development of personal investment strategies using money and credit. Securities and portfolio management, budgeting, insurance, taxes, retirement programs, and estate planning. 4 cr.
MET MG 472
Emphasizes issues of accounting, finance, and economics that are important in most management contexts. Introduction to tools of financial analysis and the problems of financial management including cash, profitability, and capital budgeting. Various sources of corporate funds are considered, including short-, intermediate-, and long-term arrangements. Stresses understanding financial statements, planning and control, cost and benefit evaluation, cash flow analysis, and capital budgeting. 4 cr.
MET AD 632
Introduction to the concepts, methods, and problems of accounting and financial analysis. Includes accounting principles, measurement and disclosure issues, financial statement analysis, time value of money, cash flow projection and analysis, capital budgeting and project evaluation, bond and equity valuation, cost of capital, and capital structure. 4 cr.
Financial Markets and Institutions
MET AD 712
Prereq: (MET AD 731). Investigation and analysis of organization, structure, and performance of U.S. money and capital markets and institutions. Examines regulation of the financial industry and the role of financial instruments. 4 cr.
Investment Analysis and Portfolio Management
MET AD 717
Prereq: (MET AD 731). Mechanics of securities markets, types of available investments, an introduction to determination of securities values, and portfolio optimization. Problems of investment policy are approached through studies of portfolio selection methods and the valuation of special classes of securities (e.g., growth stocks). 4 cr.
MET AD 731
Prereq: (MET AD 630). Emphasizes issues of accounting, finance, and economics that are important in most management contexts. Stresses understanding financial statements, planning and control, cost and benefit evaluation, cash flow analysis, and capital budgeting. 4 cr.
Multinational Finance and Trade
MET AD 763
Prereq: (MET AD 731). Applies the concepts of corporate finance to the problems of multinational financial management. Major topics include private and public institutions, foreign exchange rates, capital flows, speculation, analysis of alternative foreign investments, analysis of sources and uses of corporate funds abroad, multinational tax and profit planning, international risk analysis, and capital budgeting. 4 cr.
Finance for Non-Management Students
SMG SM 104
Read, understand, and analyze financial statements such as income statements and balance sheets. Covers techniques of internal financial analysis such as breakeven, budgeting, financial forecasting, and tools to aid in decision making. Introduction to the time value of money and capital budgeting using discounted cash flow analysis. Intended for non-business majors. This course may not be taken by Questrom students for credit nor can it be used by Boston University students toward the Business Administration minor. Non-Questrom students may register for this course directly via the Student Link. 4 cr.
Introduction to Finance
SMG FE 101
Prereq: Pre-req for Questrom students: SM131. Co-req for non-Questrom students: SM131 strongly recommended. Prereq or coreq: (SMG SM 131). Required of all Questrom freshmen. Offers a rigorous overview of principles of finance, such as time value of money, interest rates, basic valuation of cash flow streams, and basic stock and bond valuation. Uses a combination of teaching materials including online problem solving and case writing that help the student through the intensive syllabus. FE 101 and the redesigned FE 323 offer a comprehensive overview of finance to Questrom students. 2 cr.
Money, Financial Markets, and Economic Activity
SMG FE 442
Prereq: (SMG FE 323). Required for Finance concentrators. The financial system and its functions. The role of money and the importance of interest rates in determining economic activity; determinants of level of interest rates. Operation of central banks; the goals and instruments of monetary policy. The roles, activities, and risk management of financial institutions. Instruments traded in money and capital markets, and their valuation. Role of derivative securities; systemic risk and other contemporary issues in the financial system. 4 cr.
Investment Analysis and Portfolio Management
SMG FE 445
Prereq: (SMG FE 323). Required for Finance concentrators. Introduction to the investment management process. Defining investment objectives and constraints. Introduction to Modern Portfolio Theory, CAPM, APT, Efficient Markets, and stock and bond valuation models. Immunizing interest-rate risk. Active vs. passive investment strategies, fundamental vs. technical analysis, trading practices, and performance evaluation. Introduction to the role of futures and options in hedging and speculation. Students are expected to become familiar with current events in the financial news. 4 cr.
Corporate Financial Management
SMG FE 449
Prereq: (SMG FE 323). Required for Finance concentrators. Covers the financial manager's role in obtaining and allocating funds. Includes topics such as cash budgeting, working capital analysis, dividend policy, capital investment analysis, and debt policy as well as their associated risks. Valuation of companies, mergers and acquisitions, and bankruptcy are covered. The course requires using financial models and spreadsheets. Applications are made to current events and everyday business finance problems. 4 cr.
Real Estate Finance
SMG FE 469
Prereq: (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 upon which to build. 4 cr.
Economics and Management Decisions
GSM FE 730
Grad Prereq: OB712/713/715 (Recommend QM717). The aim of the course is to present many of the decision problems managers face and to present the economic analysis they need to guide these decisions. In the first half of the course, microeconomic tools are used to structure complicated decision problems about production, pricing, investment, and other strategic issues, address uncertainty through probabilistic forecasts and sequential decisions. An additional goal is to distinguish different market structures and apply competitive strategies using game theory. In the second half, the focus shifts to the study of the national and global economic environments within which companies operate. We identify the drivers of fluctuations in GDP, inflation, interest and exchange rates, and other key features of the economies. Since governments play key roles in determining the fate of economies and companies, the final theme is the rationale for and efficacy of government policy tools. 4 cr.
Corporate Financial Management
GSM FE 820
Grad Prereq: FE717/721/722. This course provides an in-depth analysis of financial considerations relating to corporate growth. It addresses the setting of financial and corporate goals in terms of maximizing shareholder wealth and relationships among working capital, debt levels, capital costs, dividend policy, growth and the value of the firm. It also considers the requisite financial analysis associated with mergers and acquisitions and bankruptcy. 3 cr.
GSM FE 823
Grad Prereq: FE717/721/722. Introduction to the investment management process. Defining investment objectives and constraints. Introduction to Modern Portfolio Theory, CAPM, Fama- French factors, APT, efficient markets, stock, bond and option valuation models. Immunizing interest-rate risk. Active and passive investment strategies, fundamental analysis, trading practices, and performance evaluation. Introduction to the role of futures and options in hedging and speculation. Arbitrage and hedge fund strategies. Understanding the assumptions underlying the different approaches and their limitations. Topics related to current events and the recent financial crisis. 3 cr.