The lifeblood of every organization — private, public, religious or corporate — is its financial resources. Managers must know how to manage and allocate resources in order to ensure long-term profitability and organizational health. This specialization concentrates on developing these essential skills.

FIN5013 — Investment Management

This course examines the theoretical and technical concepts involved in investing in marketable securities. A framework for making intelligent investment decisions and achieving successful investment results is developed.

FIN5014 — Financial Institutions

This course takes an innovative approach in focusing on managing return and risk in financial institutions such as commercial banks, savings and loan associations, investment banks and insurance companies. The central theme involves examining the risks facing financial institutions and the methods and markets through which these risks are managed.

FIN5015 — Financial Statement Analysis

This course shows how accounting information is used for analysis and decision making by comparing ratios, short and long term debt paying ability, and profitability.

FIN5016 — International Finance

This course covers the financial manager’s decision making process and the interface of the firm with international markets in a global economy. Particular emphasis is placed on the following five issues: (1) the international finance environment; (2) foreign exchange risk management; (3) financing from a global perspective; (4) direct foreign investment decisions; and (5) management of ongoing operations.

FIN5017 — Quality Concepts in Financial Management

This course illustrates how finance is changing in companies committed to Total Quality Management practices. As companies adopt TQM technology and adapt it to their unique history and competitive circumstances, the finance function is expected to be a full player in the emerging TQM system. This is a results-oriented course that will help individuals implement new quality management practices and systems.

FIN5018 — Accounting for Nonprofit Organizations

This course provides a complete review of the accounting principles and practices used in Not-for-Profit organizations with a heavy focus on governmental accounting practices. The course also covers accounting principles and practices for hospitals, colleges and universities, health and welfare agencies, and other similar organizations. A logical framework for understanding and solving the accounting-related problems of nonprofit organizations is emphasized.