Business Finance (BF)

Course usage information

BF-200   Survey of FinanceCredits: 3   

Prerequisite: Any math course with a level higher than 100.

Term Offered: All Terms

Course Type(s): None

Introduction to business and personal finance, including forms of businesses, financial statements and cash flows, time value of money, elements of risk and return and valuation of stocks and bonds. This course is for non-business majors.

Course usage information

BF-301   Principles of FinanceCredits: 3   

Prerequisites: BA-251, BE-201, and MA-117 or MA-126.

Term Offered: All Terms

Course Type(s): None

Introduction to financial management and operations of business corporations, including: concepts of time-value of money, valuation and rate of return, risk management, financial statement analysis, asset valuation models, capital budgeting, and international financial management.

Course usage information

BF-303   Real Estate Investment and TaxationCredits: 3   

Prerequisite: BF-310.

Term Offered: Spring Term

Course Type(s): None

Designed to introduce students to the world of real estate finance, including debt and equity issues, securitization and taxation. Also listed as BR-303.

Course usage information

BF-304   Money, Credit, and Financial InstitutionsCredits: 3   

Prerequisite: BE-202.

Term Offered: All Terms

Course Type(s): None

Monetary economics and its institutions; the nature of and function of money; commercial and central banking; the money markets; financial intermediaries; and international monetary institutions. Also listed as BE-304.

Course usage information

BF-310   Real Estate AppraisalCredits: 3   

Prerequisite: BF-301 passed with a grade of C- or higher.

Corequisite: MA-118.

Term Offered: Fall Term

Course Type(s): None

Principles and processes of real estate valuation. The sales comparison, cost, and income approaches to value will be examined in depth.

Course usage information

BF-322   InvestmentsCredits: 3   

Prerequisite: BF-301 passed with a grade of C or higher.

Term Offered: All Terms

Course Type(s): None

Basic investment principles: investment objectives, determinants of value of investment media, range of investments available, relative values of securities, and personal investment administration.

Course usage information

BF-323   Analysis of Financial StatementsCredits: 3   

Prerequisite: BF-301 passed with a grade of C or higher.

Term Offered: All Terms

Course Type(s): None

Reading, analysis, and interpretation of financial statements of industrial and commercial business enterprises and of utilities and transportation.

Course usage information

BF-324   Principles of Working Capital ManagementCredits: 3   

Prerequisite: BF-301 passed with a grade of C or higher.

Term Offered: All Terms

Course Type(s): None

Exposure to major corporate decisions in restructuring and managing working capital and assessing the risks and returns of corporate decisions.

Course usage information

BF-341   Insurance and Risk ManagementCredits: 3   

Prerequisite: BF-301 passed with a grade of C or higher.

Term Offered: All Terms

Course Type(s): None

Principles and practices of insurance; the basic legal obligations and rights of the insurer and the insured in various types of contracts; types of carriers; internal and field organizations; government regulations and related subjects.

Course usage information

BF-388   Cooperative Education: Finance ConcentrationCredits: 3   

Prerequisites: Junior standing or BF-301; a minimum GPA of 2.00, and completion of thirty credits, fifteen of which are earned from Monmouth University.

Term Offered: All Terms

Course Type(s): EX2

An opportunity to apply classroom theory in practice through actual work experience; includes both academic and experiential education. Experiential education involves fifteen to twenty hours of work per week for three credit hours. Academic aspects include reading assignments and a term paper. This course may be repeated for credit.

Course usage information

BF-421   International FinanceCredits: 3   

Prerequisites: BE-202 and BF-301, both passed with a grade of C or higher; and EN-101 and EN-102 or permission of the instructor.

Term Offered: All Terms

Course Type(s): WT

A study of the organization and operations of international monetary relations. Analyzes the alternative methods of short- and long-run payment adjustments; foreign exchange markets and international flow of funds; and theories of international liquidity.

Course usage information

BF-431   Managerial FinanceCredits: 3   

Prerequisites: BA-252 and BF-301; both passed with a grade of C or higher.

Term Offered: All Terms

Course Type(s): None

Financial analysis, techniques, and principles as applied to short- and long-range planning and control; capital budgeting for long-term projects; valuation; determination of the firm's cost of capital; and the trade-off between risk and profitability.

Course usage information

BF-435   DerivativesCredits: 3   

Prerequisites: MA-118 or MA-125 and BF-301, each passed with a grade of C or higher.

Term Offered: All Terms

Course Type(s): None

Introduction to the complex subject of financial derivatives. Emphasis on the Black-Scholes and the Binomial Option pricing models, option strategies, and the use of options and futures to hedge risk.

Course usage information

BF-440   Bond MarketsCredits: 3   

Prerequisites: BE-251 and BF-301.

Term Offered: All Terms

Course Type(s): None

A comprehensive review and analysis of the U.S. Bond Markets with emphasis on traditional fixed income securities and their derivative products and applications. The course explores these studies from both a theoretical as well as practical perspective. Also listed as BE-440.

Course usage information

BF-451   Public FinanceCredits: 3   

Prerequisites: BE-202 and BA-252.

Term Offered: Spring Term

Course Type(s): None

An analysis of the revenue, expenditure, and debt activities of government and their effects on resource allocation, income distribution, price stabilization, and economic growth. Also listed as BE-451.

Course usage information

BF-452   Portfolio Management - Hawk Capital Student FundCredits: 3   

Prerequisites: BA-251, BE-251, and BF-301, all passed with a grade of B or higher, and a GPA above 3.30.

Term Offered: Fall Term

Course Type(s): None

Provides a real-world security analysis and portfolio management experience. Students learn and apply state of the art investment techniques, methods and tools in an actual hands-on environment managing a real portfolio in an environment replicating that of a professional investment firm.

Course usage information

BF-455   Business ForecastingCredits: 3   

Prerequisites: BE-201, BE-202, BE-251 and MA-118 or MA-125.

Term Offered: All Terms

Course Type(s): None

Use of statistical models to study historical data and discover their underlying tendencies and patterns. Extrapolation of the current estimates from the first step into the future. Attention given to the traditional, exponential Smoothing and Box-Jenkins forecasting techniques, as well as the more recent techniques of ARCH-GARCH, which deal with heteroskedastic variance over time. Substantial use of statistics and computer applications. Also listed as BE-455.

Course usage information

BF-480   Business Research: FinanceCredits: 3   

Prerequisites: Junior standing; approval of the instructor, department chair, and the Associate Dean or the Dean.

Term Offered: All Terms

Course Type(s): None

Active participation in a research project chosen by and currently being pursued by the faculty sponsor. Student activities may include but are not limited to: literature search, data collection, data analysis, preparation of a manuscript, and delivery of a manuscript.

Course usage information

BF-488   Cooperative Education: Finance ConcentrationCredits: 3   

Prerequisites: Junior standing or BF-301; minimum GPA of 2.00, and completion of thirty credits, fifteen of which are earned at Monmouth University.

Term Offered: All Terms

Course Type(s): EX2

An opportunity to apply classroom theory in practice through actual work experience; includes both academic and experiential education. Experiential education involves fifteen to twenty hours of work per week for three credit hours. Academic aspects include reading assignments and a term paper. This course may be repeated for credit.

Course usage information

BF-489   Internship in FinanceCredits: 3   

Term Offered: All Terms

Course Type(s): EX1

An opportunity to apply classroom theory in practice through actual work experience; includes both academic and experiential learning. Experiential part involves fifteen to twenty hours of work experience per week for three credit hours; academic aspect includes reading assignments and a term paper. Students are limited to nine credits of internship electives. This course is repeatable twice for credit. Prerequisites: Junior standing and a minimum GPA of 2.00

Course usage information

BF-498   Special Topics in Finance (400 Level)Credits: 1-3   

Prerequisites: BE-251, BF-301, and a minimum GPA of 3.33.

Term Offered: All Terms

Course Type(s): None

An intensive study of a particular subject or problem in finance to be announced prior to registration. The course may be conducted on either a lecture-discussion or a seminar basis.

Course usage information

BF-499   Independent Study in FinanceCredits: 3   

Prerequisite: Prior permission of the directing professor and department chair.

Course Type(s): None

Independent study on a Business Administration topic not substantially treated in a regular course; work will include scheduled conferences with sponsoring professor and written reports.