Apr 20, 2024  
2023-2024 Academic Catalog 
    
2023-2024 Academic Catalog [ARCHIVED CATALOG]

Finance


Faculty

Kevin Okoeguale, PhD, Associate Professor, Chair

Jivendra Kale, PhD, Professor

Tee Lim, PhD, Associate Professor

Manvendra Tiwari, PhD, Assistant Professor

Tina Zhang, PhD, Professor

 

Saint Mary’s Undergraduate Finance program is designed to help you develop a wide range of financial management and analytical skills toward a future career in Finance. Through experiential learning and group assignments, you will learn to navigate an increasingly complex and technologically driven financial market.

In addition to a Major in Finance, the Department of Finance offers a minor in Finance designed to provide students, including non-business majors, with a focused exposure to the traditional areas of study within the discipline of finance: corporate finance and investments. A Minor in Finance can provide the professional and technical skills needed for entry into specialized business employment for non-business majors or serve as an alternative to a double major for business majors. 

Learning Outcomes

The following learning outcomes are in addition to those in the business core learning outcomes.

It is expected that finance majors upon graduation will be able to:

  • APPLY financial management concepts and tools to corporate investment decisions

  • ANALYZE a company’s financial statements and perform ratio analysis in order to interpret its performance

  • APPLY the concepts and mechanics of time value of money and capital budgeting techniques

  • USE discounted cash flow (DCF) analysis to value a proposed project   

  • APPLY corporate valuation models to estimate the price of financial securities

  • MEASURE risk and evaluate risk-return tradeoffs using asset pricing models

  • APPLY financial management concepts and tools to corporate financing decisions         

  • ASSESS risk and estimate the cost of capital, including debt and equity capital, using financial market data   

  • APPLY capital structure theories to assess a firm’s leverage or debt policy, and its impact on corporate valuation 

  • EVALUATE advanced corporate finance issues in mergers & acquisitions and corporate governance etc. 

  • APPLY best practices to construct optimal investment portfolios, and to evaluate and rebalance portfolios to achieve investment outcomes

  • CALCULATE and interpret portfolio performance measurements

  • EXPLAIN the globalization process and the global financial environment in which multinational corporations operate

  • UTILIZE derivative instruments to manage currency exchange risk and deal with market imperfections, while maximizing potential benefits from expanding global markets

  • DEVELOP and apply financial models to financial decision-making

  • UTILIZE spreadsheet, mathematical, and statistical modeling tools to analyze financial datasets, problems, and issues in finance

Programs

    Bachelor of ScienceMinor

    Courses

      Finance - Upper Division