Finance   March 2004

FINAN Course Descriptions
David Eccles School of Business

Department Office: 109 Kendall D. Garff Building, 581-7463

Mailing Address: 1645 E. Campus Center Dr., Rm. 109, Salt Lake City, UT 84112-9303

Department Chair, Uri Loewenstein, Ph.D.

Faculty

Professors. H. Bessembinder, C. Boardman, R. Johnson, A. Kalay, M. Lemmon, U. Loewenstein, J. Schallheim.

Associate Professors. E. Tashjian.

Assistant Professors. S. Baruch, K. Lins, T. Ma, E. Asparouhova, M. Panayides.

Advisers. Advisers are available by appointment in 440 KDGB, 581-7853: Mary Hasak, Director of Undergraduate Programs; Suzanne Robinson, Program Coordinator; Mike Atkinson, Academic Adviser; and Dianna Marek, Academic Adviser, and Pat Reilly, Program Coordinator.

The curriculum at the David Eccles School of Business continues to evolve to meet the challenges of a dynamic business environment.

Undergraduate Program

Degree. B.A., B.S.

Departmental Major. In addition to the David Eccles School of Business general requirements (including FINAN 3040 and 3050) students majoring in finance must complete two of the following: FINAN 4040, FINAN 4050, FINAN 4210, or FINAN 4220. Finance majors must also complete three additional electives from finance courses numbered 4000-5000. Also, Finance 4550 is required as part of the international requirement.

Honors In Finance. Students may now complete an Honors Degree in Finance.  To be part of this program, students must have a .5 GPA, and have completed the following courses with a B+ or better:

Accounting 2600, Management 2390, and Economics 2010.

Students must also complete the following Honors classes:

Honors 2211 Writing in Honors, Finance 3041 Honors Financial Management, and Finance 4220 Honors Valuation.

In addition, students must complete fours additional honors courses and an Honors Thesis. For additional information about this program, please contact Mary Hasak at 581-7853.

Suggested Allied Work. Courses in mathematics, accounting, management, marketing, economics, psychology, and sociology are recommended.

Special Requirements

Students majoring in finance must complete all prebusiness and intermediate courses before taking courses numbered 3000 and above. Nonbusiness majors must receive permission from the David Eccles School of Business Undergraduate Programs Office before registering for intermediate and upper-division classes. All prebusiness, intermediate, and upper-division business courses must be completed with a grade of C- or better with the exception of MATH 1090 (B or better), COMM 1010 or 1200 (B- or better), and WRTG 2010 (B or better) ACCTG 1420 (B or better).

Requirements for the Major (122 total hours)

Prebusiness Courses (Hours)

One course in philosophy (3)

Any two of the following three areas: anthropology, psychology, sociology (6)

MATH 1090 or 1050 (B or better) College Algebra (3)

MATH 1100 Quantitative Analysis (3)

BUS 1010 Foundations of Business Thought (3)

WRTG 2010 (B or better) Introduction to College Writing II

ACCT 1420 Computer Essentials (B or better)

Intermediate Business Courses

COMM 1010 or 1200 (B- or better) Elements of Speech Communication, Principles of Public Speaking (3)

MGT 2390 and 2490 Survey of Statistics I and II (6) prereq.: MATH 1100

ACCTG 2610 and 2620 Survey of Accounting I and II (6) Prereq: ACCT 1420

ECON 2010 and 2020 Principles of Microeconomics, Principles of Macroeconomics (6)

Upper Division Courses

WRTG 3400 (Prereq: WRTG 2010 (3)

ACCTG 4410 Information Systems (3)

FINAN 3040 (Prereq: ECON 2010, MGT 2490, ACCTG 2620) Introduction to Corporate Finance (3)

FINAN 3050 (Prereq: FINAN 3040) Introduction to Investments (3)

MGT 3410 Business Law (3)

MGT 3660 Production Operations management (3)

MGT 3680 Human Behavior in Organizations (3)

MGT 5700 (Prereq: FINAN 3040, MKTG 3010, MGT 3660) Strategic Management (3)

MKTG 3010 Principles of Marketing (3)

International Electives (1) (3) FINAN 4550 is required

Finance Courses

Students must take two of the following:

FINAN 4210 Cases in Corporate Finance (3),

FINAN 4040 Intermediate Corporate Finance or FINAN 4050 Intermediate Investments (3)

In addition, FINAN 4550, International Finance, is required

Three additional Finance electives numbered 4000-5000 (9)

These classes must be at least 3 credit hours each

Grades in all business courses, including prebusiness and intermediate business, must be C- or better except where other minimum standards are specified.

Model Program of Study

(for students working 20 hours or less)

Freshman Year

Fall Semester

WRTG 2010 (3) (B or better)

BUS 1010 (3)

MATH 1090 (3) (B or better)

anthropology, psychology, or sociology (3)

ACCT 1420 (3) (B or better)

Total Hours: 15

Spring Semester

MATH 1100 (3)

philosophy (3)

anthropology, psychology, or sociology (3)

Gen Ed, or U requirements or electives (6)

Total Hours: 15

Sophomore Year

Fall Semester

ACCTG 2610 (3)

MGT 2390 (3)

ECON 2010 (3)

ECON 2020 (3)

Gen Ed or U requirements or electives (3)

Total Hours: 15

Spring Semester

ACCTG 2620 (3)

MGT 2490 (3)

COMM 1010 or 1200 (3) (B- or better)

Gen Ed or U requirements or electives (6)

Total Hours: 15

Junior Year

Fall Semester

ACCTG 4410 (3)

FINAN 3040 (3)

WRTG 3400 (3)

MKTG 3010 (3)

Gen Ed or U requirements or electives (3)

Total Hours: 15

Spring Semester

FINAN 3050 (3)

MGT 3410 (3)

MGT 3680 (3)

Gen Ed or U requirements or electives (6)

Total Hours: 15

Senior Year

Fall Semester

Two of the following three classes:

FINAN 4210 (3)

FINAN 4040 or 4050 (3)

FINAN Elective (3)

MGT 3660 (3)

FINAN 4550 (3)

Total Hours: 15

Spring Semester

FINAN Elective (3)

FINAN Elective (3)

MGT 5700 (3)

International Elective (3)

Gen Ed or U requirements or electives (3)

Total Hours: 15

Graduate Program

Degrees. M.B.A. and Ph.D. in business administration with a specialization in finance; M.S. in finance. For additional information, see Business in the Colleges section of this catalog as well as the Graduate Information section.

Areas of Specialization. Business administration with concentration in finance and related fields. See Business in the Colleges section of this catalog.

Scholarships. Entering freshmen must apply for departmental scholarships by February 1 of the year prior to their first academic year at the University. Undergraduate students who have completed at least one quarter at the University must apply by March (see University application for exact date). Contact the David Eccles School of Business Undergraduate Studies Office for an application.

Graduate students must apply by February 15 to the Master’s Programs and Services Office, David Eccles School of Business 410 BUC. A complete listing of all scholarships, grants, and loans at the University is available from the Financial Aid and Scholarships Office, 105 Student Services Building.

FINAN Course Descriptions