I Logo link to the College of Business I Logo link to the University of Illinois
spacer Title Bar link to the Department of Finance   Title Bar redirect to college

Course Descriptions


100 Level Courses

  • Finance 199: Undergraduate Open Seminar

    Approved for letter and S/U grading. Course may be repeated for credit.

    Notes: Approved for letter and S/U grading. Course may be repeated for credit.
    Credit Hours: 0 TO 5 hours.
    *

  • 200 Level Courses

  • Finance 221: Corporate Finance

    Introductory study of corporate financial management, in particular how the financial manager's choices add value to shareholder wealth through investment financing and operating decisions. Prerequisite: Credit or concurrent registration in ACCY 202 and ECON 203; CS 105 or demonstration of electronic spreadsheet competency.

    Notes: Prerequisite: Credit or concurrent registration in ACCY 202 and ECON 203; CS 105 or demonstration of electronic spreadsheet competency.
    Credit Hours: 3 hours.
    *
  • Finance 230: Introduction to Insurance

    Introductory course on the role of insurance in society; covers insurance terminology, common personal insurance policies (auto, health, life and homeowners) and current issues.

    Notes:
    Credit Hours: 3 hours.
    *
  • Finance 241: Fundamentals of Real Estate

    A survey of real estate finance, appraisal, investment, law, brokerage, management, development and economics. Special attention is given to the analysis of aggregate real estate and mortgage markets, to the individual transactions within these markets, and to the legal and institutional factors which affect these markets. Prerequisite: ECON 102.

    Notes: Prerequisite: ECON 102.
    Credit Hours: 3 hours.
    *

  • 300 Level Courses

  • Finance 300: Financial Markets

    Theory and applications associated with the functioning of financial markets to include the conceptual foundations of portfolio theory, risk management, and asset valuation. The stock, money, bond, mortgage, and futures and options markets are examined. Prerequisite: FIN 221.

    Notes: Prerequisite: FIN 221.
    Credit Hours: 3 hours.
    *
  • Finance 321: Advanced Corporate Finance

    Theories of firms' investment and financing decisions are covered. Topics include dividend policy, capital budgeting, capital structure, bankruptcy, long- term debt and leasing decisions. Prerequisite: FIN 300.

    Notes: Prerequisite: FIN 300.
    Credit Hours: 3 hours.
    *
  • Finance 390: Finance Academy

    The Finance Academy is an enrichment program for outstanding undergraduate Finance majors. A select program that focuses on developing future business leaders via enhanced academic and career opportunities. Students are normally invited to participate by the faculty during their junior year, when they are enrolled in FIN 300. If inducted, students participate throughout their junior and senior years. Approved for letter and S/U grading. May be repeated in separate terms. Course will not satisfy Finance major requirements. Prerequisite: Induction into the Finance Academy.

    Notes: Approved for letter and S/U grading. May be repeated in separate terms. Course will not satisfy Finance major requirements. Prerequisite: Induction into the Finance Academy.
    Credit Hours: 1 hours.
    *
  • Finance 391: Investment Banking Academy

    A diversified curriculum designed to prepare students for a successful career in investment banking; course incorporates peer mentorship, guest lectures (from bankers, accountants, private equity associates and hedge fund analysts), a case competition and a field trip. Course will not satisfy Finance major requirements. May be repeated for a maximum of 6 hours in separate terms. Prerequisite: Admission by application only.

    Notes: May be repeated for a maximum of 6 hours in separate terms. Prerequisite: Admission by application only.
    Credit Hours: 1 hours.
    *

  • 400 Level Courses

  • Finance 411: Investment & Portfolio Mngt

    Current theories of portfolio management are covered in considerable detail to provide a conceptual framework for the evaluation of investment strategies. Applications and implementation are covered in depth, including performance evaluation and international diversification. 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300.

    Notes: 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300.
    Credit Hours: 3 hours.
    *
  • Finance 412: Options and Futures Markets

    Introduction of options and futures markets for financial assets; examination of institutional aspects of the markets; theories of pricing; discussion of simple as well as complicated trading strategies (arbitrage, hedging and spread); applications for asset and risk management. 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300 or consent of instructor.

    Notes: 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300 or consent of instructor.
    Credit Hours: 3 hours.
    *
  • Finance 414: Urban Economics

    Same as ECON 414. See ECON 414.

    Notes: Same as ECON 414. See ECON 414.
    Credit Hours: 3 OR 4 hours.
    *
  • Finance 418: Financial Modeling

    The objective is to learn the fundamentals and practice building financial models using Microsoft Excel. By the end of the term, each student should be able to develop an understanding of any financial relationship and build that financial relationship into a model using the built-in functions of Excel. Financial modeling, by definition, requires significant work outside of the classroom. Models are introduced, demonstrated, and reviewed in class, but each student is expected to research and collect date, and to construct the models, prior to each week's class meeting. 3 undergraduate hours. 3 graduate hours. Prerequisite: FIN 300 and FIN 321, or consent of instructor.

    Notes: 3 undergraduate hours. 3 graduate hours. Prerequisite: FIN 300 and FIN 321, or consent of instructor.
    Credit Hours: 3 hours.
    *
  • Finance 419: Real Client Managed Portfolios

    Applies academic topics on financial markets, security analysis/valuation and portfolio management to hands-on investment management. Students will form and review objectives, constraints, and investment policy as it relates to the client's money under management. They will purchase securities, monitor performance of the portfolio, and make recommendations for any adjustments to the holdings. They will be fully educated and responsible to the fiduciary and ethical standards of professional money management as guided by the CFA Institute. 3 undergraduate hours. No graduate credit. May be repeated to a maximum of 9 hours. Prerequisite: FIN 321 or consent of instructor.

    Notes: 3 undergraduate hours. No graduate credit. May be repeated to a maximum of 9 hours. Prerequisite: FIN 321 or consent of instructor.
    Credit Hours: 3 hours.
    *
  • Finance 423: Financing Emerging Businesses

    The study of the business environment, alternative methods of organization and financing, use of financial statements as a management tool, valuation methods and approaches to ethical dilemmas from the perspective of an owner-manager. 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite: FIN 300 or consent of instructor.

    Notes: 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite: FIN 300 or consent of instructor.
    Credit Hours: 3 OR 4 hours.
    *
  • Finance 424: Mergers and Acquisition

    Focuses on identifying ways to increase firm value through mergers and acquisitions (M&A) and corporate restructurings. Surveys the drivers of success (failure) in M&A transactions and develop your skills in the design and evaluation of transactions. 3 undergraduate hours. No graduate credit. Prerequisite: FIN 321.

    Notes: 3 undergraduate hours. No graduate credit. Prerequisite: FIN 321.
    Credit Hours: 3 hours.
    *
  • Finance 425: Private Equity/Venture Capital

    Provides students with an understanding of the nature of the private equity market, the principal participants in this market, and how they function. 3 undergraduate hours. No graduate credit. Prerequisite: FIN 321.

    Notes: 3 undergraduate hours. No graduate credit. Prerequisite: FIN 321.
    Credit Hours: 3 hours.
    *
  • Finance 434: Employee Benefit Plans

    Studies the purpose, structure, and financial aspects of employee benefit plans, including pensions, health insurance, life insurance, and disability plans. 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300 or consent of instructor.

    Notes: 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300 or consent of instructor.
    Credit Hours: 3 hours.
    *
  • Finance 435: Personal Wealth Management

    Studies personal wealth management techniques with an emphasis on life insurance products; covers life insurance policies, annuities, trusts, buy-sell arrangements, investing in stocks, bonds and mutual funds, banking and barrowing, purchasing residential and commercial real estate, income and estate taxation and management of personal financial portfolio. 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300.

    Notes: 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300.
    Credit Hours: 3 hours.
    *
  • Finance 443: Legal Issues in Real Estate

    Overview of legal concepts, issues, and principles involving real estate. 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite: Junior standing or consent of instructor.

    Notes: 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite: Junior standing or consent of instructor.
    Credit Hours: 3 OR 4 hours.
    *
  • Finance 444: Urban Real Estate Valuation

    The terminology, theory and techniques of real estate valuation (appraisal); a modern view of the three approaches to estimating value - sales comparison, cost and income. Special requirements include local field trips to appraise at least one single-family property and one income property. 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite: FIN 221, or FIN 241, or consent of instructor.

    Notes: 3 undergraduate hours. 3 or 4 graduate hours. Prerequisite: FIN 221, or FIN 241, or consent of instructor.
    Credit Hours: 3 OR 4 hours.
    *
  • Finance 461: Financial Intermediation

    Financial intermediaries survey of the structure, functions, regulation, and risk management activities of financial intermediaries; central banking and monetary policy effects on financial intermediaries. 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300 or consent of instructor.

    Notes: 3 undergraduate hours. No graduate credit. Prerequisite: FIN 300 or consent of instructor.
    Credit Hours: 3 hours.
    *
  • Finance 463: Investment Banking

    The mechanics of financial statement analysis and ration analysis; development of investment banking/corporate finance valuation models (including DCF, leveraged buyout and merger models) in order to determine the intrinsic value of companies and price investment banking deals. 3 undergraduate hours. 4 graduate hours. Prerequisite: FIN 300 (FIN 300 is waived if student is admitted to FIN 391 IBA). Priority to finance majors.

    Notes: 3 undergraduate hours. 4 graduate hours. Prerequisite: FIN 300 (FIN 300 is waived if student is admitted to FIN 391 IBA). Priority to finance majors.
    Credit Hours: 3 OR 4 hours.
    *
  • Finance 490: Special Topics in Finance

    1 to 3 undergraduate hours. No graduate credit. May be repeated in the same term to a maximum of 6 hours. May be repeated in subsequent terms to a maximum of 9 hours. Course will not satisfy Finance major requirements. Prerequisite: FIN 300 or consent of instructor.

    Notes: 1 to 3 undergraduate hours. No graduate credit. May be repeated in the same term to a maximum of 6 hours. May be repeated in subsequent terms to a maximum of 9 hours. Course will not satisfy Finance major requirements. Prerequisite: FIN 300 or consent of instructor.
    Credit Hours: 1 TO 3 hours.
    *
  • Finance 494: Senior Research

    Research and reading course for students concentrating in finance, insurance, urban land economics, or related areas who meet one of the following requirements: (1) have a cumulative grade-point average of 3. 0 or better; (2) have attained Honors Day recognition in the junior year; or (3) have consent of instructor. May be taken by students in the college honors program in partial fulfillment of the honors requirements. 2 to 4 undergraduate hours. No graduate credit. May be repeated as topics vary. Prerequisite: Senior standing.

    Notes: 2 to 4 undergraduate hours. No graduate credit. May be repeated as topics vary. Prerequisite: Senior standing.
    Credit Hours: 2 TO 4 hours.
    *
  • Finance 495: Senior Research

    Research and reading course for students concentrating in finance, insurance, urban land economics, or related areas. May be taken by students in the college honors program in partial fulfillment of the honors requirements. 2 to 4 undergraduate hours. No graduate credit. Prerequisite: Senior standing; and cumulative grade-point average of 3.0 or better, Honors Day recognition in the junior year, or consent of instructor.

    Notes: 2 to 4 undergraduate hours. No graduate credit. Prerequisite: Senior standing; and cumulative grade-point average of 3.0 or better, Honors Day recognition in the junior year, or consent of instructor.
    Credit Hours: 2 TO 4 hours.
    *
  •  


    uiuc.edu © Copyright 2007 Department of Finance, University of Illinois