FIN 3003. Personal Financial Planning - 3 hours (Spring, even years) Topics to be studied include budgeting, banking, major consumer purchases (including lease vs. buy decisions), home ownership, all types of personal insurance (from liability to disability), investments, estate planning and taxes.

FIN 3053. Business Finance - 3 hours (Fall) Study of the principles of financing short-term and long-term capital needs of business firms in keeping with an objective of maximizing the firm's value to its shareholders, i.e., stock price. Special attention given to Capital Asset Pricing Model, the various capital budget theories and computer applications. Prerequisites: ACC 2043, BUS 2023.

FIN 4023. Special Topics in Finance/Economics - 3 hours (Winterfest) A study discussion of the theory, recent history and current problems of economics and finance issues. Prerequisite: 60 hours completed.

FIN 4033. Introduction to Derivatives - (Spring, odd years) This course provides the student with a working knowledge of options, forwards, futures, and swap markets. The course provides the student with techniques that enable him or her to discuss, analyze, value, and use derivative securities to manage both financial and commodity price risk. Hedging with derivative securities is emphasized. Considerable attention is paid to the role of options and option pricing models in corporate finance. Prerequisite: BUS 2023

FIN 4053. Investments - 3 hours (Spring, even years) A study of the entire field of investments with major emphasis on security valuation theories, security markets, portfolio management and computer applications in the investment decision making process. Lab fee $12. Prerequisite: FIN3053.

FIN 4063. Commercial Banking - (Spring, odd years) An examination of the operation of commercial banks, trust companies, and other credit institutions. Special attention will be given to recent bank legislation, bank valuation, performance, strategic planning, asset-liability management, risk management, credit risk, money management services, and off-balance sheet risks. Trends such as consolidation, internationalization, and product diversification will also be addressed. At its core the class will use banks as the model but other financial service providers such as savings and loans and brokerage firms will be covered as well. Prerequisite: ACC 2043.

FIN 4073. Insurance and Risk Management - (Fall, odd years) An introduction to the principles of personal and business risk management. Emphasis is placed upon the identification, evaluation and management of risks. The course integrates the concepts and tools from insurance and the financial markets. Students will learn how to apply financial, statistical, and insurance tools to make risk management decisions. Prerequisite: BUS 2023.

FIN 4951-4. Intensive Studies in Finance - 1-4 hours (On demand) Topics will vary with each offering; therefore, the course may be repeated for credit.

FIN 4981-3. Internship in Finance - 1-3 hours (Fall, Spring, Summer, Winterfest) Academically planned and supervised work experience in area(s) of the student's majorwithin business or other organizations, approved by the faculty advisor and department chair as an enhancement to the student's educational preparation at SBU. Written reports will be required of the student and performance reports from the employer. A maximum of six semester hours of internships may be applied to the major. Prerequisites: 60 hours completed.

FIN 4991-3. Independent Study in Finance - 1-3 hours (On demand) Independent study of some problem or area in the major not covered in the organized courses. The study is under the direction of a faculty member in whose field of specialization the problem or area lies. Prerequisites: 3.00 GPA in major field, and 60 hours completed.