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COURSE DESCRIPTIONS<br />

FIN 620 Long-Term Financial Management (3)<br />

Prerequisite: FIN 610. An exploration of the long-term financial<br />

needs of an organization and the roles of the capital markets.<br />

Topics include the financial environment of organizations,<br />

options and futures instruments, long-term financing, the capital<br />

budgeting decision process, capital structure management,<br />

dividend and share repurchase policy, and investment banking<br />

and restructuring. Various types of long-term funding sources—<br />

including term loans, derivatives, debt and equity securities, and<br />

leasing—are analyzed. Alternate policies with regard to financial<br />

leverage, capital structure, dividends, and the issuance of<br />

preferred stock are evaluated. Mergers, leveraged buyouts, and<br />

divestitures are examined as special situations to create value.<br />

FIN 660 Strategic Financial Management (3)<br />

Prerequisites: FIN 620 and 630. An integrative study of financial<br />

management through applied problems and case studies.<br />

Topics reflect the changing environment of financial management<br />

in organizations and include capital investment decision<br />

making, the role of intangibles in value creation, financial<br />

performance metrics, strategic financial planning and control,<br />

strategic valuation decisions, growth strategies for increasing<br />

value, the restructuring of financial processes, corporate<br />

governance and ethics, value-based management, strategic cost<br />

management, and the impact of information technology on the<br />

organization’s financial systems. A finance simulation is used as<br />

an integrating mechanism.<br />

FIN 630 Investment Valuation (3)<br />

Prerequisite: FIN 610. An in-depth exploration and application<br />

of valuation models to support managerial decision making<br />

in a strategic framework. The theory, concepts, and principles<br />

underlying the valuation of firms, business/product lines, and<br />

mergers and acquisitions are addressed using extended exercises<br />

and applications. The discounted cash flow model is used<br />

as a tool. Discussion covers the financial drivers of value, including<br />

assessing and determining risk, competitive advantage<br />

period, and sales and earnings growth estimates. Other valuation<br />

techniques using earnings, revenues, and price/earnings<br />

multiples are also discussed and applied in selected examples.<br />

FIN 640 Multinational Financial Management (3)<br />

Prerequisite: FIN 610. A study of financial management issues in<br />

multinational organizations. Topics include the environment of<br />

international financial management, foreign exchange markets,<br />

risk management, multinational working capital management,<br />

and foreign investment analysis. The financing of foreign operations,<br />

international banking, and the role of financial management<br />

in maintaining global competitiveness are also considered.<br />

FIN 645 Behavioral Finance (3)<br />

Prerequisite: FIN 630. A study of the key psychological obstacles<br />

to value-maximizing behavior and steps that managers can take<br />

to mitigate their effects, using the traditional tools of corporate<br />

finance. Focus is on understanding the underlying factors<br />

and processes that result in nonoptimal decision making by<br />

financial managers. Topics include perceptions about risk and<br />

reward and financial decision making in the areas of investing,<br />

trading, valuation, capital budgeting, capital structure, dividend<br />

policy, agency conflicts, corporate governance, and mergers<br />

and acquisitions. The key role played by emotions and recent<br />

findings from neuroscience are explored.<br />

HCAD (Health Care Administration)<br />

HCAD 600 Introduction to Health Care Administration (3)<br />

An introduction to the principles of management and leadership<br />

as the foundations for the administration of health care<br />

products and service delivery. Management principles and<br />

practices are examined, and the bases for health care administration<br />

are analyzed. Emphasis is on the management of global<br />

health care systems in technological societies and the need for<br />

innovation and creativity in health care administration. Focus is<br />

on mastering graduate-level critical thinking, writing, and ethical<br />

decision-making skills.<br />

HCAD 610 Information Technology for Health Care<br />

Administration (3)<br />

An overview of the management perspective of information<br />

technology (IT) and how health care administrators can use<br />

IT to maximize organizational performance. Fundamental<br />

principles of IT and data management and their implications for<br />

health care administrators are reviewed. Discussion explores<br />

the use of technology, databases, and other analytical tools to<br />

structure, analyze, and present information related to health<br />

care management and problem solving. Topics also include<br />

strategic information systems planning, analysis, design, evaluation,<br />

and selection. Current applications, such as patient care,<br />

administrative and strategic decision support, managed health,<br />

health information networks, and the Internet, are examined<br />

to determine how they may be used to meet the challenges<br />

facing health care administrators today and in the future. Focus<br />

is on the legal and ethical issues related to IT and their practical<br />

implications for the health care administrator.<br />

110<br />

GRADUATE CATALOG | <strong>2016–2017</strong>

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