Foundation Courses
(15 credits)
Note: Foundation courses may be waived by equivalent graduate course work, professional designation (CFA, CPA), or passing a waiver exam. For more information, please read the course waiver policy.
- 790.611 Financial Accounting
- 790.614 Business, Government, and the World Economy
- 790.616 Statistics for Business
- 790.609 Financial Management
- 756.725 Mathematics for Financial Analysis
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790.611 Financial Accounting
This course emphasizes the vocabulary, methods, and processes by which for-profit business transactions are communicated. Topics include the accounting cycle; basic business transactions involving assets, liabilities, equity, account revenue, and expense; internal controls; and preparation and understanding of financial statements, including balance sheets, statements of income, and cash flows. The course also introduces the analysis of financial results. (3 credits)
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790.614 Business, Government, and the World Economy
This survey course in open economy macro-economics emphasizes the role of the government and its effect on the global business environment. Major topics include economic growth, inflation, unemployment, exchange rates, fiscal and monetary policy, and international finance. As a foundation for the MBA curriculum, this course is designed for students to become informed participants in the global economy. The course provides students with the necessary theoretical framework and empirical evidence relevant to the covered topics, and helps them develop an economic perspective for analyzing real-world phenomena. (3 credits)
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790.616 Statistics for Business
Students learn statistical techniques for further study in business, economics, and finance. The course covers sampling distributions, probability, hypothesis testing, regression and correlation, basic modeling, analysis of variance, and chi-square testing. The course emphasizes statistics to solve management problems. Case studies, spreadsheets, and computer software are used. (3 credits)
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790.609 Financial Management
This course is designed to introduce students to the basic, yet fundamental, issues of modern finance. This is an introductory course. The goal of the course is to provide students with the basic tools needed to successfully complete more advanced financecourses. Topics covered include time value of money, risk and return, bond and stock valuation, financial statement analysis, working capital management, and cost of capital. (3 credits)
Prerequisite(s): ( BU.790.611 AND BU.790.616 ) OR ( BU.790.611 AND BU.790.003 ) OR ( BU.790.616 AND BU.756.001 ) OR ( BU.756.001 AND BU.790.003 )
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756.725 Mathematics for Financial Analysis
This course provides the basic mathematical tools needed in modern finance. It is a blend of classic algebra and calculus and focuses on basic principles and general concepts that are relevant to financial analysis. The main objective of this course is to have students familiar with the quantitative techniques currently used in finance. Emphasis is placed on both theory and application.
Notes: This course is open only to students admitted to the MS in Finance program. (3 credits)
