Insurance and Risk Management (FIN216) 3 credits.
The purpose of this course is to provide an introductory, consumer-oriented overview of risk and insurance. Students begin by examining the basic concepts of risk and insurance, insurance fields and functions, regulation, underwriting and the legal framework. Three
broad classes of insurance will be addressed: life and health, property and liability, and auto. Other topics include risk management, loss control, risk retention/reduction decisions, loss adjustment, claim settlement, investment functions, disability insurance, retirement programs, negligence and legal liability. Fall

Personal Investing (FIN220) 3 credits.
Investment concepts for individual investors who are, or, will be, actively developing and monitoring their own investment portfolios. Covers basic analysis techniques, investment vehicles, strategies for implementing investment goals in a portfolio context, risk-return
tradeoffs, and sources of investment information. Not available to students who have successfully completed FIN 420 or its equivalent. Fall, Spring

Principles of Real Estate (FIN230) 3 credits.
Principles of real property with an emphasis on home ownership. Real property rights, the process for transferring those rights, the impact of taxation, and concepts of city development. Career options in real estate, including brokerage, appraisal, lending, and property management. This is an elective available to all UND Students. Fall, Spring

Personal Finance (FIN251) 3 credits.
The personal financial planning and management process: goal identification and budgeting; minimizing tax liability; uses and costs of various forms of credit, buying, selling and/or leasing real estate, automobiles and other major items; life, health, property and income insurance; various investment options; the retirement planning process; and estate planning options. The role of financial planning professionals and financial planning as a career option are also discussed. Fall, Spring

Principles of Financial Management (FIN310) 3 credits.
This course introduces students to asset management, cost of capital, dividend policy, valuation, capital structure planning, and working capital management. Forms of business organizations and tax environment are surveyed. Managerial implications of current
developments in national and international capital markets are reviewed. Fall, Spring, Summer
Prereqs: ACCT 201, ISys 117, ECON 210, sophomore, junior or senior standing.

Real Estate Finance and Investment (FIN321) 3 credits.
Nature of real estate finance, financial sources, role of government, real estate financial instruments, loan processing, defaults and foreclosures in real estate finance, fundamentals of real estate investment analysis. Spring
Prereqs: FIN 310 and sophomore, junior or senior standing.

Real Estate Appraisal (FIN324) 3 credits.
Nature of value; appraisal process; analysis of neighborhoods, land and improvements; cost, market data and income approach to value; appraisal report; code of ethics. Fall
Prereqs: sophomore, junior or senior standing.

Intermediate Financial Management (FIN340) 3 credits.
Restricted to Financial Management and Banking and Financial Economics majors. Integrated coverage of topics in finance theory. Includes capital asset pricing model, arbitrage pricing theory, option pricing model and futures market, capital structure theory,
the signaling hypothesis, the agency problem, income measurement from the perspective of investors and financial managers. Fall, Spring
Prereqs: FIN 310, and sophomore, junior or senior standing.  Declared CoBPA majors only.

Financial Statement Analysis (FIN350) 3 credits.
Students interpret, restate, evaluate, and forecast financial statements used to report financial performance; and analyze risk and firm value based on reported financial statements Analysis incorporates accounting, financial, and economic models and data; and describes various reporting regulations, principles, rules, standards, and
interpretations. The course includes an investigation of current issues and debates in financial statement analysis. Spring
Prereqs: ACCT  301, FIN 310, and sophomore, junior or senior standing. Declared CoBPA majors only.

Capital Market Financing and Investment Strategies (FIN360) 3 credits.
Covers analysis and procedures for implementing particular financing and investment plans in financial markets. Includes financing and investment through commercial banks, investment banks, pension funds, venture capital sources, insurance companies, limited
partnerships. Fall, Spring
Prereqs: ACCT 218, FIN 310 and sophomore, junior or senior standing. Declared CoBPA majors only.

Student Investment Fund I. (FIN370) 1 credit. Repeatable up to a maximum of 3 credits for non-Investments majors.  For those who are not Investments majors, approval of Instructor is required.   This is an introductory course to the Student Managed Investment Fund.   It examines the issues involved in the management and investment strategies of a portfolio of financial assets.  Students are required to attend Student Investment Fund meetings.  Students enrolled in this course will not make investment decisions, but will be required to
evaluate investment decisions, made by the student fund managers. 
Fall, Spring, Summer

Cooperative Education (FIN397) 1-3 credits. Repeatable to a total of 6 credits.
On-the-job compensated work experience in various areas of Finance. S/U grading only.
Fall, Spring, Summer
Prereqs: ACCT 200,201; ISys 117; ECON 201, 202, 210; and approval by Department Internship Director.

Investment Analysis and Portfolio Management (FIN420) 3 credits.
Comprehensive study of methods used to evaluate securities. Includes formulation of investment strategy and analysis, design of portfolios for classes of individual investors and institutions, fundamental analysis, portfolio performance evaluation. Extensive use of financial databases and software. Fall, Spring
Prereqs: FIN 340, 360 and junior or senior standing.  Declared CoBPA majors only.

International Financial Management (FIN430) 3 credits.
Financial management implications of exchange risk exposure, accounting conventions, international constraints on capital flows. Other topics include multi-national investment management and related financing problems, taxation, working capital management.
Spring
Prereqs: FIN 310 and junior or senior standing.  Declared CoBPA majors only.

Valuing Real Assets and Financial Strategy (FIN440) 3 credits.
This course addresses a variety of issues related to valuing real assets, with a large emphasis on using real option valuation techniques such as binomial modeling. Students are required to use Crystal Ball, Real Options Toolkit Analysis, and SPSS (cutting edge software packages) in a variety of projects and case studies. There is additional emphasis on using real data, such as foreign currency exchange rates, US and foreign interest rates, reported financial indicators, and actual financial statements of fast-growing companies.
Two databases, to which the College of Business subscribes, Compustat and Ibbotson’s are used extensively for obtaining data. Other databases which can be accessed online, such as Hoovers online and SEC Edgar, are also used. The course will be further enhanced by
the addition of the Trading Center. Spring
Prereqs: FIN 340, 360.  Declared CoBPA majors only.

Financial Derivatives (FIN450) 3 credits.
Detailed analysis of major elements affecting market prices of options and futures contracts and analysis of optimal investment strategies involving these and other derivative instruments. Fall, Spring
Prereqs: FIN 340, FIN 360.  Declared CoBPA majors only.

Managing Financial Institutions (FIN460) 3 credits.
Principles of asset/liability and portfolio management as they apply to the balance sheets and income statements of financial institutions. Includes management of assets and liabilities in the context of interest rate risk. Considers gap management, duration, financial futures, interest rate swaps, and securitization with the goal of profit maximation. Spring
Prereqs: FIN 310 and junior or senior standing.  Declared CoBPA majors only.

Student Managed Investment Fund (FIN470) 3 credits. Repeatable up to a maximum of 6 credits. The Student Managed Investment Fund is a sequence of courses whereby a select group of students manage a live portfolio. The course examines the issues involved in the
management and investment strategies of a portfolio of financial assets. It focuses on asset allocation, portfolio monitoring and evaluation, portfolio rebalancing, and investment analysis.
The students selected to manage the fund are responsible for the investment decisions involving the composition of the portfolio under the supervision of Finance department faculty. Student members establish the stock selection criteria, research the prospective stocks,
generate reports, and make decisions to invest or liquidate, and execute the trades. Fall, Spring   
Prereqs: FIN 310. 340, 370 and declared CoBPA majors only.

Cases in Managerial Finance (FIN475) 3 credits.
Introduces students to construction and utilization of financial management decision models using case study examples. Topics evaluated include working capital management, capital budgeting, cost of capital, capital structure, dividend policy, valuation, risk-return,
and special topics of financial management. Students are required to develop original simulation models, prepare formal case reports, and orally and visually present their results. Fall
Prereqs: FIN 340, 360 and junior or senior standing.  Declared CoBPA majors only.

Senior Topics in Finance (FIN491) 3 credits. Repeatable to 6 credits.
Restricted to Financial Management and Banking and Financial Economics majors. Multiple sections covering different topics may be offered in any one semester. Designed for Financial Management majors. Provides opportunities for indepth study beyond that of
regularly scheduled courses. May be seminars, workshops, or lecturers. Fall, Spring Prereqs: FIN 340, and junior or senior standing. Declared CoBPA majors only.

Readings and Research in Finance (FIN492) 1-3 credits. Repeatable to 6 credits.
Designed for students with an interest in finance topics not covered in regularly scheduled courses. Fall, Spring, Summer Prereqs: FIN 310 and approval by department.

Internship in Finance (FIN497) 1-3 credits. Repeatable to 6 credits.
Guided practical experience in managerial finance, investment management, real estate, and insurance with public and private sector enterprises. S/U grading only. Fall, Spring, Summer
Prereqs: ACCT 200, 201; ISys 117; ECON 201, 202, 210; and approval by Department Internship Director.

Managerial Finance (FIN501) 3 credits.
The development of financial decision-making skills, using the case-analysis method, through an application of financial theory to topical areas of analysis, planning, control, asset management, financial instruments, markets, capital structure, dividend policy, cost
of capital, etc. Fall
Prereqs: MATH 146, ACCT 200, 201, ECON 210, FIN 310

Investment Theory and Management (FIN520) 3 credits.
An introductory course designed for MBA students in the study of the usage and valuation of the major investment vehicles popular today. Although the ultimate objective is to develop a conceptual framework in which the student can expand his or her knowledge of the investment field, the course is taught in a practical fashion and incorporates materials from both the Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) curricula. Spring
Prereqs: FIN 501 or consent of instructor.

Special Topics (FIN575) 3 credits.
Specific topic will vary from offering to offering at the discretion of the department. Departmental permission will be required for enrollment. Prerequisites and/or corequisites may be required depending upon the special topic selected. Course may be repeated up to a total of nine credits with permission of department.