Corporate Financial Management

The corporate financial management major at St. Mary's University enhances the student's ability to analyze financial information, recommend sound financing and investment options, and manage the fiscal resources of successful organizations. Corporate financial management requires quantitative abilities, excellent communication skills, and the ability to work well with groups.

Individuals who enjoy using analytical skills, making decisions, and explaining decision outcomes to others should consider the corporate financial management major. Additionally, students who enjoy working with people, are challenged by continuous learning requirements, and have a strong commitment to career advancement will enjoy a professional corporate financial management career path.

Graduates from the Bill Greehey School of Business are in high demand by some of the nation's top firms and organizations. Career opportunities for students with a degree in corporate financial management include:

• Credit analyst
• Financial analyst
• Bank examiner
• Portfolio manager
• Corporate working capital manager
• Investment advisor

Corporate financial management graduates have gone on to work for firms such as Valero Energy Corp., Barclays, IBC Bank, Merrill Lynch, Wells Fargo, Goldman Sachs, Smith Barney, Frost Bank, and the Federal Deposit Insurance Corporation.

Corporate Finance Courses

FN 3310 Corporate Finance 3 semester hours
Introduction to analytical financial management. Emphasis placed on the sources, uses, and cost of short, intermediate, and long term funds; capital budgeting; leverage; cost of capital; management of working capital; and financial statement analysis. (Fall, Spring) Prerequisite: AC 2320, EC 2301, EC 2303, MT 1305, MT 1306.

FN 3330 inancial Institutions (Same as EC 3332) 3 semester hours
Review of operations of financial intermediaries including banks, savings institutions, and insurance companies. Principles of money and credit; review of central banking and monetary policies, both national and international. (Fall,Spring) Prerequisites: AC 2320; EC 2301 and EC 2303.

FN 3340 Risk Management 3 semester hours
Analysis of risk management concepts and techniques, with emphasis on property-liability risks facing the business firm. Fundamentals of insurance economics, law, and regulation. Examination of major business insurance coverages including property, liability, business interruption, crime, and transportation. (Spring).

FN 4100, 4200 and 4300Special Studies in Finance 1 - 3 semester hours
A study of selected topics in Finance. Specific subject indicated each time the course is offered. May be used as elective credit and repeated when specific subject changes. Prerequisite: Consent of instructor.

FN4310 Intermediate Corporate Finance3 semester hours
This course will build on Corporate Finance(FN3310) and will introduce the student to basic elements of finance theory. In particular, emphasis will be placed on dividend policy theories, corporate structure theories, and real options. While the emphasis is on the theoretical aspects of corporate finance, the students will also be exposed to applications of theory in a practical corporate finance environment. Prerequisite: FN3310.

FN 4320 Investments I 3 semester hours
The quantitative and qualitative analysis of stock, bonds, and derivative securities such as futures and options. Quantitative analyses including valuation models and strategy design. Review of securities markets: functions and operations. (Fall) Prerequisite: FN 3310.

FN 4330 Investments II 3 semester hours
Review of portfolio management theories such as capital asset pricing models, arbitrage pricing theory and dynamic asset allocation. Evaluation of market efficiencies and implications to portfolio management. Evaluation of advanced portfolio strategies. (Spring) Prerequisite: FN 4320.

FN 4350 International Finance (same as IB 4351) 3 semester hours
The course addresses the historical, institutional, and empirical aspects of the foreign exchange market, the eurocurrency market and the international bond market. The managerial implementation of international financial instruments in global oriented business organizations is stressed. (Fall;Spring) Prerequisites: FN 3310 and IB 3321.

FN 4360 Financial Counseling 3 semester hours
Analysis and application of the financial planning process for executives and small business owners. Emphasis on life and health insurance, annuities, social security, and real estate investments; developing client data; fundamentals of estate planning and taxation relating to insurance, investments and estates. (Fall).

FN 4375 Internship in Finance 3 semester hours
The opportunity to gain knowledge through experiential activities in professional life. Prerequisites: Consent of the associate dean, faculty supervisor, major adviser, and department chairperson, minimum overall GPA of 2.8, successful completion of FN 3310, completion or concurrent enrollment in a finance major course. Pass/No Pass credit is given. (Fall; Spring; Summer)

FN 4380 Employee Benefits Management 3 semester hours
Analysis of objectives, techniques, and markets for employee benefit plans. Examination of group life and health insurance coverages, social security, and retirement planning, including pension and profit sharing plan management. Concurrent enrollment or successful completion of HR 3325 or HR 3370 (HR Majors). (Spring)

FN 4390 Seminar in Finance 3 semester hours
Advanced analyses of recent developments in financial and/or investment theory, and in quantitative and qualitative techniques for risk management and financial planning decisions. A seminar approach is used to provide a high degree of student-instructor interaction. (Spring) Prerequisite: Senior standing. Finance majors only.

Degree Plan

Freshman Year

Fall	Spring
EN1311 Rhet and Comp	SMC1314W Founda. Of Reflection: God
MT1305 Finite Math	MT1306 Calculus For Business
SMC1301 Foundations for Civilizations	SMC1313 Founda. Of Reflection: Others
SMC1311 Foundations of Reflection: Self	SMC1312 Found. Of Reflection: Nature
BA1310 Introduction of Business	EC2303 Micro Economics

Sophomore Year

Fall	Spring
SMC2304W Foundations of Pactice: Literature	EN2000 Literature or Comp
SMC2303 Foundations of Pract: Fine Arts	MC3320 Communications for Mgmt
EC2301 Macro Economics	AC2320 Introduction to Accounting II
SMC2302 Found. Of Pract: Civic Engagement	SMC2301W Found. Of Pract: Ethics
AC2310 Introduction to Accounting I	Theology 3000 or 4000

Junior Year

Fall	Spring
Corporate Finance	BA 3351 Legal Envir. of Business
Organizational Behavior	Business elective (3)
Business Statistics	FN elective (3)
Management Inf. Sys.	Ethics
Theology (3)	U.S. Bus. in Interdep. World
	Principles of Marketing

Senior Year

Fall	Spring
Production Management	Business Policy
Interm. Corp. Finance	Business elective (4000) (3)
Investments I	Investments II or Financial Institutions
Finance elective (3)	International Finance
PL (3000 or 4000) (3)	Seminar in Finance

Faculty