Financial Services and Risk Management 
Academic Year
2012-2013
School
Bill Greehey School of Business
School Web site
School Dean
Tanuja Singh, D.B.A.
tsingh@stmarytx.edu
Department
Finance and Quantitative Management
Department Chair
Monica J. Parzinger, Ph.D.
mparzinger@stmarytx.edu
Description of Program/Major
Financial services involve comprehensive planning for the accumulation, conservation and transfer of personal wealth, and the provision of insurance, investment and banking services. Risk management is the identification, evaluation and reduction of risk of loss to an organization's physical and financial resources. Financial services/risk management is a people-oriented career that requires excellent communication skills and the ability to work well with individuals and in groups.
Individuals who enjoy using analytical skills, making decisions and explaining decision outcomes to others should consider this major. Additionally, students who enjoy working with people, are challenged by continuous learning requirements, and have a strong commitment to career advancement will benefit from a financial services/risk management career path at St. Mary's University.
Degree Requirements
Core Curriculum (SMC)
St. Mary's University Core (30 Hours)
All St. Mary's Core SMC13## "Reflection" courses must be completed before registering for SMC23## "Practice" courses. "Reflection" courses can be taken in any order followed by "Practice" courses in any order.
| SMC 1301 | Foundations of Civilization | 3 |
| SMC 1311 | Foundations of Reflection: Self (Formerly PL 1310) | 3 |
| SMC 1312 | Foundations of Reflection: Nature | 3 |
| SMC 1313 | Foundations of Reflection: Others | 3 |
| SMC 1314 | Foundations of Reflection: God (Formerly TH 2301) | 3 |
| SMC 2301 | Foundations of Practice: Ethics (Formerly PL 2332) | 3 |
| SMC 2302 | Foundations of Practice: Civic Engagement and Social Action | 3 |
| SMC 2303 | Foundations of Practice: Fine Arts and Creative Process (Formerly FA 1101, FA 1102, FA 1103) | 3 |
| SMC 2304 | Foundations of Practice: Literature | 3 |
| SMC 4301 | Capstone Seminar: Prospects for Community and Civilization | 3 |
School Specific Core (SSC)
Bill Greehey School of Business School Specific Core (21 Hours)
| Social Sciences | EC 2301, EC 2302 | 6 |
Composition and Rhetoric (grade of "C" or better) | EN 1311, EN 1313 (for international students) | 3 |
| Literature | EN 23XX | 3 |
| Mathematics | MT 1305 Finite Math | 3 |
| Theology | Advanced Theology 33XX | 3 |
| Speech | MN 3320 Business Communications | 3 |
Bill Greehey School of Business School Common Body of Business Knowledge (42 Hours)
| AC 2310 | Introduction to Accounting I | 3 |
| AC 2320 | Introduction to Accounting II | 3 |
| AC 3331* | Accounting Information Systems | 3 |
| BA 1310 | Fundamentals of Business Enterprise | 3 |
| BA 3351* | Legal Environment of Business | 3 |
| BA 4334* | Business Ethics | 3 |
| BA 4380* | Business Policy and Strategy | 3 |
| FN 3310* | Corporate Finance | 3 |
| IB 3321* | US Business in Interdependent World | 3 |
| MT 1306 | Calculus for Business | 3 |
| MK 3310* | Principles of Marketing | 3 |
| MN 3330* | Organizational Behavior | 3 |
| QM 3320* | Business Statistics | 3 |
| QM 4330* | Operations Management | 3 |
*Junior Standing
Four Year Degree Plan
Department Courses and Descriptions
Department Courses and Descriptions
FN 3310 Corporate Finance (3)
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) Prerequisites: AC 2320, EC 2301, EC 2303, MT 1305, and MT 1306.
FN 3330 Financial Institutions (3)
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)
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. (Fall; Spring).
FN 4100 Special Studies in Finance (1)
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.
FN 4200 Special Studies in Finance (2)
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.
FN 4300 Special Studies in Finance (3)
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.
FN 4310 Intermediate Corporate Finance (3)
This course will build on Corporate Finance (FN 3310) 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: FN 3310
FN 4320 Investments I (3)
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 & Spring) Prerequisite: FN 3310.
FN 4330 (Beginning and Advanced) Student Managed Portfolio (3)
Application of portfolio management theories through the active participation in an asset management team assigned the responsibility of attaining a reasonable rate of return commensurate with acceptable risk levels. Investment decisions are further guided by the investment policy guidelines of the U.S. Conference of Catholic Bishops. The U.S. Catholic bishops have high lighted seven key themes that embody Catholic social thought and social teaching. Stewardship of investment resources is covered by ob jectives that are framed by these themes. (Spring & Fall)Prerequisites: FN 4320, and permission of the instructor.
FN 4350 International Finance (3)
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)
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)
The opportunity to gain knowledge through experiential activities in professional life. Prerequisites: A 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)
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. (Fall,Spring) Concurrent enrollment or successful completion of BA 3325 or HR 3370 or MN 3330
FN 4390 Seminar in Finance (3)
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.
Department Faculty
Financial Services and Risk Management Faculty Website
Department Website
Financial Services and Risk Management Website