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FINANCE (FINN)

Wayne Y. Lee, Department Chair and Alice L. Walton Chair in Finance, 302 Walton College of Business, 575-4505, E-mail: finn@walton.uark.edu

Arkansas Bankers Association Chair and J.W. Bellamy Chair of Banking Professor Dominick • Alice L. Walton Chair in Finance Professor Lee • Dillard Chair of Corporate Finance Professor Millar • Harold A. Dulan Finance Chair in Capital Formation Professor Liu • Associate Professors Hearth, Perry • Assistant Professors Kruse, Jandik, Rennie • Clinical Assistant Professor Carter • Visiting Assistant Professor Callahan

Degree Conferred:

Ph.D. in Business Administration (BADM)

COURSES: FINANCE (FINN)

FINN4133 Advanced Investments (FA, SP) Sound training in the principles of security analysis and portfolio management and certain advanced techniques of financial management. Modern portfolio theory and its application to portfolio management practices will be emphasized. Prerequisite: ECON 2023 and ACCT 2023 and CISQ 2013 and FINN 3063.

FINN4143 Portfolio Management I (FA) Theories of portfolio construction, rules, fundamental analysis, and random walk as applied to portfolio management; investment goals and strategies; decision making on portfolio of Rebsamen Investment Trust. Prerequisite: FINN 3043 and FINN 3063.

FINN4153 Portfolio Management II (SP) Theories of portfolio construction, rules, fundamental analysis, and random walk as applied to portfolio management; investment goals and strategies; decision making on portfolio of Rebsamen Investment Trust. Prerequisite: FINN 4143.

FINN4233 Financial Policy and Planning (FA, SP, SU) Policy and problems in financial planning for working capital, capital budgets, and capital structure. Prerequisite: FINN 3603.

FINN5203 Money and Capital Management (SP, SU) Role of finance in U.S. economy; the institutions, monetary theory, policies which comprise environment in which financial decisions are made. Finance function within firm; financial analysis, planning and control, financial decision making models, financial policies for management. Prerequisite: ACCT 5103 and ECON 5103 and CISQ 5203.

FINN5303 Advanced Financial Management (FA, SP, SU) Financial management of firm, with special emphasis on financial planning, capital budgeting, cost-of-capital concepts. Prerequisite: FINN 5203.

FINN5333 Investment Theory and Management (FA) Integration of theory, practice of investments with solution of individual and institutional portfolio management problems; Institute of Chartered Financial Analysts' Problems; variable annuity in estate planning. Prerequisite: FINN 5203.

FINN5623 Investment Banking and Securities Markets (FA) Topics include investment banking, securities markets, traditional and new financial products, money management, and financial innovation. Prerequisite: FINN 5203.

FINN5633 Financial Institutions (SP) Savings intermediation and its effects on allocating investments funds; characteristics of financial institutions including services, assets management, growth; relations between growth of institutions and interest rates, consumer behavior, investment demand, government policies, critical evaluation of performance by financial intermediaries. Prerequisite: FINN 5203.

FINN5703 Multinational Business Finance (FA) Problems pertinent to manager of firm in multinational business environment, including international institutions, risks, investments, capital budgeting. Prerequisite: FINN 5203.

FINN6043 Finance Theory (FA, SP, SU) Provides a conceptual understanding of key theoretical developments in the field of financial economics, including firm decisions under risk within a world of uncertainty.

FINN6133 Seminar in Investment Theory (SP) Study advanced literature in field investments, with special reference to theory of random walks, stock valuation models, portfolio management.

FINN6233 Seminar in Financial Management (FA) Financial management of firm with emphasis on financial theory or firm, quantitative methods used in financial analysis, planning.

FINN636V Special Problems in Finance (1-6) (IR) Case studies in investments, corporation finance, money and banking, monetary theory, international finance, public finance. By arrangement.

FINN6733 Seminar in Financial Markets and Institutions (FA, SP, SU) Recent developments in the literature of financial markets and institutions. Participants will be involved in the extensive study of existing theories and empirical tests of the theories.

FINN700V Doctoral Dissertation (1-18) (FA, SP) Prerequisite: candidacy.