Finance Certificate (STEM)
Required coursework can be completed in as few as 10.5 additional credits.
Gain skills in financial analysis that will give you the knowledge and tools to take the next steps in your career with a Certificate in Finance.
Financial Management is about decisions firms make in two broad areas: the investments it makes and how it pays for them. The first involves expenditures for physical capital, human capital, technological capability, brand capital, and so forth. The second involves raising money in financial markets. In business decision making, the objective is to maximize shareholder wealth. Why the emphasis on shareholders? Among stakeholders generally (i.e., customers, employees, suppliers, government, communities, etc.), shareholders alone possess a uniquely comprehensive and long-term view of the firm's viability as an ongoing enterprise. This perspective arises from the residual nature of shareholders' claim to earnings and assets. Wealth is created when the return from investing business resources exceeds their opportunity cost.
FINC 530 Financial Management provides an advanced discussion of the analytical techniques used to assess the impact of business decisions on shareholder value. The course covers these topics:
- Valuation-stocks, bonds, corporate valuation
- Interest rates and financial markets
- Investment decision making (capital budgeting analysis)
- Risk, return and the opportunity cost of capital
- Market efficiency
- Capital structure
PR: FINC 501, ACCT 515, STAT 510, GRBU 503
PR or CONCURRENT: ECON 520
Offered every fall semester; prerequisites: FINC 501, STAT 501, ACCT 515
Within the context of data analytics, this course teaches students to manage information as a strategic asset with the potential to create significant business value. Students will be exposed to various approaches to managing the capture, retention and disposition of information. Special emphasis will be placed on the legal/regulatory, ethical, risk management and cybersecurity requirements of managing information. Topics include the role of information systems in an organization, information systems governance (which is designed to ensure that IT investments create organizational value), data governance (which seeks to ensure that organizational data meet the standards for quality data), and strategies for identifying measurable sources of ROI. Offered in an online modality every summer semester; prerequisites: None