The AUIS MBA in Finance is designed to provide students with a broad understanding of financial management, financial institutions, and investment strategies. The Finance specialization includes advanced study and application in budgeting and control procedures, international finance, portfolio theory, risk management, and working capital management.
Business leaders with the ability to apply accounting and financial concepts in decision making are in great demand. Managerial decisions, as well as timely analyses of investment alternatives, require input from financially educated professionals. The finance specialization prepares managers for successful interaction in four possible areas: corporate finance, investment/portfolio management, finance markets/banking and international finance. Topics in the finance courses assist students in preparation for the Institute Chartered Accountants (“ICA”) certification exams.
FIN 620: Working Capital Management
This course builds on the principles of financial management taught in FIN 510 and will apply the principles and concepts of financial theory to problems and decisions associated with short-term (working) capital. This course emphasizes the set of decisions and problems that financial and operating managers face in determining short-term financial policy, setting terms when structuring contracts and deals, and managing business processes of the company. Major topics include identifying working capital elements and their relationships to company operations, financial analysis, cash forecasting, banking relations, cash-flow systems, and short-term investment and borrowing strategies.
FIN 630: Capital Budgeting & Finance
This course is intended to provide a market-oriented framework for analyzing the major types of financial decisions made by corporations. Lectures and readings will provide an introduction to discounted cash flow techniques, capital budgeting principles and problems, financial asset and project valuation, capital structure and related corporate finance issues. This course builds to an understanding of value-based management – what tools can a manager use to estimate the effects of alternative strategies for creating value. The course pulls together the concepts of stock and bond valuation, risk and return, cash flows, financial projections, the cost of capital and time value of money, culminating in to illustrate the using these concepts as part of project analysis and evaluation..
FIN 640: Multinational Financial Management
This course covers corporate financial decisions in an international setting with a focus on foreign exchange management and capital budgeting. Topics included in the course are exchange rate regimes and currency crisis, exchange rates determination and exchange risk management, international financial markets and capital budgeting for multinational corporations. The goal of the course is to provide you with an understanding of the fundamental concepts and the tools necessary for an effective global financial management.