Siena Heights University
FIN 309
PERSONAL FINANCIAL PLANNING
3
This course helps students become active managers and effective planners of their financial future--consistent
with their personal values and life goals. Tailored to their adult life cycle stage, they develop assigned elements
of an integrated personal financial plan: saving, managing taxes, investing, managing credit; major purchases;
insurance; retirement and estate planning. Students prepare financial statements and budgets, employ online
calculators and tools, research and evaluate financial alternatives for planning a wedding, funding a college
education, refinancing a mortgage, caring for aging parents or other plans. Students may not earn credit for both
this course and FIN 209.
Prerequisite: None
Course is offered: Uncertain
FIN 322
INVESTMENTS
3
This course blends theory and practice while surveying worldwide markets and a variety of individual investment
options, including mutual funds. Students learn top-down, industry and technical analyses; also how to value
individual stocks, real estate, fixed income and hybrid securities. They compare growth, value, and indexing
styles and examine the roles of asset allocation, diversification, and international investments in managing risk
and return. Students explore futures, options, duration, capital market theory, researching and investing online.
They construct a model portfolio, measure and evaluate their financial performance.
Prerequisite: ACC 203 and MAT 143 or 174
Course is offered: Uncertain
FIN 340
MANAGERIAL FINANCE
3
Develops students as active financial analysts, planners and decision-makers at the operating and strategy
setting levels. Applying their Accounting and Economics knowledge, students address financial analysis, capital
budgeting, long-term financing and working capital management--all with the aim of maximizing resource
efficiency and effectiveness. This course considers the financial consequences of marketing and management
decisions, and emphasizes increased market globalization and online information accessibility. Students are
strongly urged to take Macroeconomics before or with Managerial Finance.
Prerequisite: ACC 240 and MAT 143 or 174
Course is offered: FA and WI Every Year
FIN 348
MONEY AND CAPITAL MARKETS
3
Introduces students to financial systems in our global economy. Systems include the market roles of
governments, central banks, businesses, consumers, financial intermediaries and capital sources. Students learn
what determines capital costs, how to forecast rates, where to raise money and how to manage financial risks in
money, fixed income, mortgage, venture capital and primary equity markets. Special emphasis is given to
managing banks and nonbanks as well as evaluating and selecting their services.
Prerequisite: ECO 221, ECO 222
Course is offered: Uncertain
FIN 440
FINANCING NEW VENTURES
3
Students will learn how to value a business. Forecasting and budgeting as it pertains to new ventures will be
examined. Sources of entrepreneurial equity from self-financing through venture investors (IVs) will be explained.
Students will learn how investment decisions are determined and will present their completed business plans to
potential investors.
Prerequisite: BAM 480, FIN 340, MGT 440
Course is offered: Uncertain
FIN 450
INTERNATIONAL FINANCE
3
This course explores global financial markets and the financial operations of a multinational firm. The first part of
the course covers concepts related to the foreign exchange markets, currency derivative markets, global risk
management, principles of hedging and arbitrage. The second part examines investment and financing decisions
of a firm within the international environment.
Prerequisite: ACC 240, ECO 222
Course is offered: Uncertain
Undergraduate and Graduate Catalog 2016-2018
230