Finance

This is an archived copy of the 2015-16 Catalog. To access the most recent version of the catalog, please visit http://catalog.norwich.edu/.

Charles A. Dana Professor Michael Puddicombe; Professors Mich Kabay and Mehdi Mohaghegh; Associate Professors Najiba Benabess,David Blythe, David Jolley and Thomas Yandow; Assistant Professor Alex Chung; Lecturers Stephen Pomeroy and Kris Rowley.

Goals:

In a rapidly changing and complex financial environment, college graduates in all disciplines will need financial management knowledge and skills to fulfill their professional careers and their own personal lives.The goal is to promote financial literacy. As a result, they must understand financial terminology, how to make budgets and how to channel resources and invest.Students should be anle to make informed financial decisions.

 Careers for this Minor:
  • Asset Management
  • Investment Banking
  • Commercial Banking and Management of Financial Institutions
  • Financial Engineering
  • Corporate Financial Management
  • Consulting
  • Private Equity / Venture Capital

Finance Minor

  • Students seeking a minor in Finance must obtain the approval of the School Director
  • Complete all 6 courses with a grade of C or higher.
FN 311Corporate Finance3
FN 407Corporate Finance II3
FN 412Investments3
EC 310Money and Banking3
Any two of the following:6
Intermediate Accounting I3
Intermediate Accounting II3
Taxation I3
Advanced Accounting4
Public Finance3
International Economics3
International Dimensions of Business3
Total Credits18

Courses

FN 311 Corporate Finance 3 Credits

Development of the basic theoretical framework for decision-making in financial management, emphasizing the time-value of money and hte analysis of cash flows. Areas of concentration are financial institutions and markets, financial statement analysis, the role of time value in finance, bond and stock valuation,capital budgeting decision process, risk and return analysis, cost of capital and dividend policy. Prerequisites: AC 206 or AC 201, EC 202, QM 213 or permission of the instructor.

FN 407 Corporate Finance II 3 Credits

Special topics in financial management including: international managerial finance, mergers and acquisitions, hybrid and derivative securities, working capital management, short-term and long-term financing, financial planning, leverage analysis and capital structure theory. Prerequisites: QM 213, FN 311. Offered in the spring-odd years.

FN 412 Investments 3 Credits

Methods of security analysis and portfolio management, including the current theoretical literature and thought. Discussion and analysis of current events and their implications for stock price behavior. Prerequisistes: QM 213, FN 311. Offered in the spring-even years.