Courses

An advanced core course in strategic accounting which focuses on the interpretation and analysis of accounting information for business decisions. Case studies will be used to illustrate strategic decision processes. International accounting issues will be addressed. Topics include financial statement analysis, cash flow, case studies in budgeting, total quality management, activity-based management, target costing, job-order cost systems cost allocation methods, and variable costing.

      Credit Hours: 3

      This course stresses practical applications of statistics in business. Topics covered include analysis of variance, nonparametric statistics, chi-square, simple and multiple regression, time series analysis, statistical forecasting, model building, and statistical process control. Each student is required to complete a project using statistical methods in solving a realistic business problem.

        Credit Hours: 3

        Using a balanced approach of theory and application, this class focuses on the analytical techniques involved in financial planning and decision-making in the firm. Primary emphasis is placed on the importance of strategic investment and financing choices and the logic behind these critical decisions made by the financial manager. Case method will be used to apply principles developed in managerial finance to situations involving financial planning, valuation, capital budgeting risk analysis, and cost of capital.

          Credit Hours: 3

          This is an advanced course emphasizing capital market theory, risk management and financial planning. Through study of the theory and case discussion, the course applies many of the analytical techniques studied in FIN 641.

            Credit Hours: 3

            This course deals with the theories, analysis, and management of fixed income and equity securities in a global capital market. The emphasis is on the application of finance, economics, accounting and statistics to the valuation of the aggregate stock market, alternative industries, asset pricing models, and portfolio management.

              Credit Hours: 3

              The focus of this course is on the international financial environment in which business firms operate and in which financial service providers compete. Attention is given to foreign direct investment, risk analysis, capital budgeting, international banking, and portfolio management. In addition advanced topics such as international taxation, currency, and interest rate risk management/ The material presented will assist in the understanding of global management, international banking operations, and international financial institutions.

                Credit Hours: 3

                This course blends theoretical concepts of financial analysis and portfolio management with practical experience in running the Monteagle Fund, Niagara University’s student run investment fund. Students will work together in groups to draft an appropriate investment strategy, select investments, evaluate performance, and report results to clients. Students will be required to read the financial press daily, and to be aware of major financial and economic indicators, such as stock indices, interest and exchange rates, and corporate earnings releases. Students are also expected to attend a meeting of a professional investment society, such as the Buffalo Society of Financial Analysts (CFA).

                Credit Hours: 3

                Students conduct a detailed analysis of an individual investor’s financial goals, current situation, cash flow and risk tolerance. Following this analysis, students prepare a recommended financial plan, with specific recommendations for tax, insurance, education, long term care and retirement strategies. Each strategy is then tested to determine relative risk, risk mitigation opportunities, and suitability to client’s investment goals and risk profile. Students then present their finding in a simulated client interaction. In addition, students also prepare a comprehensive personal financial plan, based on their own financial goals.

                Credit Hours: 3

                This course introduces students to risk management and insurance decisions in personal financial planning. Topics include insurance for life, health, disability, property and liability risk, as well as annuities, group insurance and long-term care. This course is intended to provide coverage of required topics under the current topic list of the Certified Financial Planner Board of Standards (CFP).

                Credit Hours: 3

                This course will include the importance of retirement planning, how to prepare an analysis of client’s needs, an understanding of the Social Security and Medicare, and qualified and non-qualified plans. This course is intended to provide coverage of required topics under the current topic list of the Certified Financial Planner Board of Standards (CFP).

                Credit Hours: 3

                This course focuses on the efficient conservation and transfer of wealth consistent with a client’s goals and situation. It is the study of the legal, tax, financial and non-financial aspects of this process, covering such topics as trusts, wills, probate, advanced directives, charitable giving, wealth transfer and related taxes. This course is intended to provide coverage of required topics under the current topic list of the Certified Financial Planner Board of Standards (CFP).

                Credit Hours: 3

                This course focuses on principles and current law and practice in income taxation and its impact on financial planning for individuals, couples and families in their role as investors, employees, and business owners. This course is intended to provide coverage of required topics under the current topic list of the Certified Financial Planner Board of Standards (CFP).

                Credit Hours: 3

                This course is an introduction to the analysis and use of derivative securities, such as options, futures, forwards and swaps. Topics covered will include arbitrage, Binomial and Black Scholes pricing models, hedging, swaps and the increasingly critical role of derivatives in the financial system

                Credit Hours: 3

                Credit Hours: 3