This is an archived copy of the 2021-2022 catalog. To access the most recent version of the catalog, please visit http://catalog.ysu.edu.

OVERVIEW

Welcome to the Lariccia School of Accounting & Finance!  Students interested in the quantitative aspects of business and commerce will find both our curricular and extracurricular offerings desirable for their education and career pursuits.  Please explore the resources here to learn more about the breadth of offerings now housed within our School. 

Jeremy Schwartz, Director
(330) 941-3076
jtschwartz@ysu.edu

DISCIPLINES

Accounting majors are taught how to gather, analyze, record, prepare, and examine a variety of financial information with this information being of central importance to CEOs, business owners, and policy makers. Accounting graduates pursue careers in general accounting, tax, audit, consulting, government accounting, or nonprofit accounting. Professional accounting certifications include Certified Public Accounting (CPA), Certified Management Accounting (CMA), Certified Fraud Examiner (CFE), and Certified Internal Auditor (CIA).

Finance majors use financial information to analyze a company’s future prospects and manage a company’s working capital, to analyze markets and make investment decisions, to assist individuals in planning their financial future, or to analyze the benefits and risks of company decisions. Graduates with a major in finance pursue careers in areas such as financial analysis, treasury, financial services including banking and insurance, risk management, or financial planning. Professional certifications include Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), and Certified Valuation Analyst (CVA).

Economics majors master valuable knowledge and develop real-world skills along with a sense of enlightenment and fulfillment.  Economics majors are a good fit for career choices like market research analyst, financial planner/adviser, economic consultant, risk analyst, political scientist, policy analyst, actuary, etc. After graduation, some of our majors choose to go to law schools or pursue a doctorate degree in economics or finance.

EXTRACURRICULAR ACTIVITIES

  • Student-Practitioner Days
  • Volunteer Income Tax Assistance Program (VITA)
  • Student Investment Fund
  • Institute of Management Accountants
  • Economics Club

HONORARY FRATERNITIES

  • Beta Alpha Psi (Accounting, Finance, Information Systems)
  • Omicron Delta Epsilon (Economics)
  • Beta Gamma Sigma (BSBA majors)

Director

Jeremy Schwartz, Ph.D., Director                                                                                                                                                                                                                                                                                                                               

Professor

Huaiyu (Peter) Chen, Ph.D., Associate Professor

Maria Paulina Kassawat, Ph.D., Assistant Professor

David B. Law, Ph.D., Professor

Karin A. Petruska, Ph.D., Professor

Raymond J. Shaffer, D.B.A., Assistant Professor

Peter Woodlock, Ph.D., Professor

Xiaolou Yang, Ph.D., Associate Professor

Yiyang Zhang, Ph.D., Assistant Professor


Lecturer

M. Constance Augustine-Thompson, M.B.A., Lecturer

Kerri Henderson, M.B.A., Lecturer

Michael Villano, Ph.D., Lecturer

Jessie Wright, M.B.A., Lecturer

Accounting

ACCT 1503    Elementary Accounting    3 s.h.

Terminology, concepts and principles of basic financial and managerial accounting from a user perspective. Internal controls, cash controls, and payroll accounting are covered. Does not fulfill WCBA requirements and cannot substitute for ACCT 2602.

ACCT 2600    Accounting Field Experience    1 s.h.

Internship and/or cooperative education experiences in accounting. Students may be assigned to corporate, non-profit, or government entities on a semester basis. Can repeat this course once for a different field experience.
Prereq.: 2.5 GPA, department approval and sophomore standing.

ACCT 2602    Financial Accounting    3 s.h.

Study of the accounting cycle and generally accepted accounting principles including preparation of financial statements.
Prereq.: BUS 1500 (C) or BUS 1500H (C), sophomore standing.

ACCT 2603    Managerial Accounting    3 s.h.

Study of the accounting informational needs of management. Emphasis on techniques of planning and control.
Prereq.: "C" or better in ACCT 2602.

ACCT 3701    Intermediate Accounting 1    4 s.h.

Comprehensive study of the theories and concepts underlying financial accounting. Emphasis on income determination, asset valuation, measurement of liabilities and changes in financial position.
Prereq.: "C" or better in ACCT 2603 and ACCT 2603L or ACCT 2603 and BUS 2600, 2.5 overall GPA.

ACCT 3702    Intermediate Accounting 2    4 s.h.

Comprehensive study of the theories and concepts underlying financial accounting. Emphasis on income determination, asset valuation, measurement of liabilities and changes in financial position.
Prereq.: "C" or better in ACCT 3701 and 2.5 overall GPA.

ACCT 3709    Accounting Information Systems    4 s.h.

Study of systems analysis, design, and implementation within the context of an accounting information system. Topics include a treatment of the business computing environment, security and control of information, the accounting information system as a component of the management information system, and decision support and expert systems.
Prereq.: "C" or better in ACCT 3701 and 2.5 overall GPA.

ACCT 3710    Analysis and Design of Accounting Databases    3 s.h.

An introduction to the analysis of accounting databases. Specific emphasis is placed on the structure and use of accounting databases, particularly XBRL. 2.5 overall GPA.
Prereq.: ACCT 3709.

ACCT 3711    Cost Accounting    3 s.h.

Study of cost accumulation for products manufactured under job order or continuous manufacturing processes; cost behavior and profit-volume relationships; cost structures for control and motivation; relevant costs for non-routine decision making.
Prereq.: "C" or better in ACCT 2603 and ACCT 2603L or ACCT 2603 and BUS 2600 and 2.5 overall GPA.

ACCT 3712    Advanced Cost    3 s.h.

In-depth study of standard and differential costing. Compilation and preparation of budget data for managerial and administrative purpose. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 3711.

ACCT 3721    State and Local Taxes    3 s.h.

Theory applicable to state and local taxation. Primary emphasis on taxation principles in current use by state and local government units located throughout the United States. Case law is studied, some representative tax returns prepared. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 2603.

ACCT 3730    Oil and Gas Accounting    3 s.h.

Accounting and taxation principles and procedures for the petroleum industry. Topics include exploration, leasing, drilling and production problems. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 2603.

ACCT 3750    Fraud Examination    3 s.h.

Study of occupational fraud and abuse. Topics include asset misappropriation schemes, corruption, and fraudulent statements, including fraudulent financial statements. Coverage of these topics includes implications for the fraud examiner and corporate management. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 2602.

ACCT 4801    Advanced Accounting    4 s.h.

Financial accounting and reporting related to complex and highly sophisticated business transactions. Topics include the equity method, business combinations, variable interest entities, segment and interim reporting, worldwide diversity of accounting standards, foreign currency transactions and translation, SEC reporting, legal reorganizations and liquidations, partnership accounting, and estates and trusts. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 3702 and FIN 3720.

ACCT 4808    Auditing and Fraud Investigation    4 s.h.

The theory and practice of financial auditing with emphasis on fraud investigation. Topics include professional standards, audit reports, evidence, occupational fraud, data interrogation, and computer-assisted audit techniques. Students analyze actual business fraud cases. "C" or better in FIN 3720. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 3702, ACCT 3709, and ACCT 3711.

ACCT 4809    Security and Privacy in Electronic Commerce    3 s.h.

This course focuses on the technology and communication infrastructure supporting electronic commerce and its impact on auditing. Encryption, public key infrastructure, digital signatures, payment schemes, and web commerce are discussed. 2.5 overall GPA.
Prereq.: ACCT 4808.

ACCT 4813    Federal Taxation 1    4 s.h.

Introduction to Federal taxation theory and concepts relating to individuals and business entities, including tax research and tax form preparation. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 3701, or FIN 3720.

ACCT 4815    Estate Planning    3 s.h.

A study of estate and gift tax law including tax return preparation. Emphasis on the importance of estate planning and the devices available for use in such planning, and effective uses of lifetime gifts, trusts, life insurance, pension plans, profit sharing, and other fringe benefit plans. The effects of state inheritance tax and property laws upon estate planning will be included. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 4813.

ACCT 4817    Income Tax Preparation 1    3 s.h.

Preparation of actual federal, state and local income tax returns of people from the community. Completion of an IRS training program in federal income taxation of individuals, including international students and scholars and military personnel. Training using professional income tax preparation software is also provided. 2.5 overall GPA.
Prereq.: ACCT 3701 or permission of instructor.

ACCT 4818    Income Tax Preparation 2    3 s.h.

A continuation of ACCT 4817 with updated training in federal tax law and tax preparation software. Because of previous experience in ACCT 4817, students prepare more-complex tax returns (including small business and rental returns), provide guidance and leadership to first-year students, and assist with summary and efiling of tax returns. A more in-depth summary/reflection paper is required. May be repeated once. 2.5 overall GPA.
Prereq.: ACCT 4817.

ACCT 4835    Research in Accounting and Taxation    3 s.h.

This course provides useful guidance and information in conducting practical professional tax and accounting research. A broad range of case analyses allows the instructor to focus on appropriate current topics in the accounting profession. Three hours lecture and hands-on research per week. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 3702 and ACCT 4813.

ACCT 4840    Accounting Internship    3 s.h.

The student is given the opportunity to relate theory to practice in a career related on-site field experience with a participating organization.
Prereq.: Accounting major, junior standing, 2.5 overall GPA, and approval of director.

ACCT 4841    Accounting Internship 2    3 s.h.

Students have the opportunity to relate theory to practice in a career related on-site field experience with a participating organization. Accounting Internship 2 may be done at a different or the same organization as ACCT 4840; if the same organization, higher levels of duties and performance are expected. 2.5 overall GPA, and approval of director.
Prereq.: "B" or better in ACCT 4840.

ACCT 4851    Professional Practice in Accounting    1 s.h.

Provides students with cooperative education experiences in accounting. Students may be assigned to public, corporate, or government entities on a semester to semester basis. May be repeated. 2.5 overall GPA.
Prereq.: Accounting major, junior standing.

ACCT 4855    Careers and Professionalism in Acct    1 s.h.

Professionals from public, private, nonprofit and governmental accounting areas are invited to speak during class. The focus is how to plan for, and what to expect when starting an accounting career, and how to conduct oneself as a professional. Ethical considerations are emphasized. The class offers a unique opportunity to interact and network with accounting professionals.
Prereq.: Junior standing or permission of instructor, and 2.5 overall GPA.

ACCT 4860    Special Topics in Accounting    1-4 s.h.

Subject matter, credit hours, and prerequisites will be announced in advance of each topic. 2.5 overall GPA.
Prereq.: Permission of department chairperson.

ACCT 4870    CPA Review Financial Accounting and Reporting    2 s.h.

A CPA review course focused on preparing students to take the financial accounting and regulation sections of the CPA exam. Only ONE 2 semester hour CPA Review course may be used as an Upper Division Business elective towards the BSBA degree; cannot be used as an Accounting elective.
Prereq.: "C" or better in ACCT 4801 and 2.5 overall GPA.

ACCT 4871    CPA Review Regulation    2 s.h.

A CPA review course focused on preparing students to take the regulation section of the CPA exam, including familiarizing students with the computer based questions and simulations found on the exam. Only ONE 2 semester hour CPA Review course may be used as an Upper Division Business elective toward the BSBA degree; cannot be used as an Accounting elective.
Prereq.: "C" or better in ACCT 4813, 2.5 overall GPA.

ACCT 4872    CPA Review AUDIT    2 s.h.

A CPA review course focused on preparing students to take the Auditing and Attestation section of the CPA exam. Only ONE 2 semester hour CPA Review course may be used as an Upper Division Business elective towards the BSBA degree; cannot be used as an Accounting elective.
Prereq.: "C" or better in ACCT 4808, 2.5 overall GPA.

ACCT 4873    CPA Review Business Environment and Concepts    2 s.h.

A CPA review course focused on preparing students to take the Business Environment and Concepts sections of the CPA exam. Only ONE 2 semester hour CPA Review course may be used as an Upper Division Business elective towards the BSBA degree; cannot be used as an Accounting elective.
Prereq.: "C" or better in ACCT 3709, 3711 and FIN 3720 and 2.5 overall GPA.

ACCT 5814    Federal Taxation 2    3 s.h.

Study of current Federal income tax law applying to proprietorships, corporations, S corporations, and partnerships. Includes fundamentals of researching tax law and preparing business tax returns. 2.5 overall GPA.
Prereq.: "C" or better in ACCT 4813.

ACCT 5820    Government and Funds Accounting    3 s.h.

Generally accepted accounting principles for not-for-profit and governmental organizations as established by the appropriately recognized, standard-setting bodies. Includes state and local governments, school districts, colleges and universities, hospitals, voluntary health and welfare organizations, and others.
Prereq.: "C" or better in ACCT 3701 and 2.5 overall GPA.

ACCT 6901    Financial Accounting Decision Making    2 s.h.

A survey of the fundamental concepts of financial accounting employed by general managers.
Prereq.: Permit required.

ACCT 6905    Business Tax Planning and Research 1    3 s.h.

A study of the tax planning process and how it relates to employee and employer matters including, but not limited to, the alternative minimum tax, personal holding companies, unreasonable accumulations of earnings, depreciation recapture, retirement structuring, tax credits, taxation of international persons, and estate tax issues, including both lifetime and testamentary transfers. Paper and electronic research media will be utilized along with various formats for presentation of results.
Prereq.: ACCT 5814 or equivalent.

ACCT 6908    Auditing Theory and Practice    3 s.h.

A study of auditing standards and procedures, use of statistical and other quantitative techniques, and auditing electronic data processing installations. Other topics include practice before the Securities and Exchange Commission, special reporting problems, current developments in auditing, professional ethics and responsibilities, and extensions of the attest function.
Prereq.: ACCT 4808 Auditing or equivalent.

ACCT 6909    Management Information and Control Systems    3 s.h.

A study of the formalized set of interrelated methods, procedures, and equipment utilized in developing, processing, storing, and reporting business financial and statistical information. The major emphasis is on computerized systems, although some attention is also given to manual operations and/or subsystems.
Prereq.: MGT 6900 and FIN 6900 or equivalent.

ACCT 6910    Business Internship    1-3 s.h.

Provides graduate students the opportunity to relate theory to practice through on-the-job work experience with a participating organization. The internship will serve as an elective MBA course.
Prereq.: Completion of level I MBA coursework and six semester hours of level II MBA coursework.

ACCT 6912    Advanced Management and Cost Accounting    3 s.h.

An examination of the managerial uses of accounting information for planning and control, and an investigation of cost accounting theory and practice.
Prereq.: ACCT 3711 Cost Accounting or equivalent.

ACCT 6915    Estate Planning    3 s.h.

A study of estate and gift tax law including tax return preparation. Emphasis on the importance of estate planning and the devices available for use in such planning, and effective uses of lifetime gifts, trusts, life insurance, pension plans, profit sharing, and other fringe benefit plans. The effects of state inheritance tax and property laws upon estate planning will be included.
Prereq.: "C" or better in ACCT 4813 or equivalent.

ACCT 6917    MAcc Income Tax Preparation    3 s.h.

Students prepare basic and complex tax returns (including small business and rental returns) for taxpayers from the university and community, provide guidance to undergraduate students, and assist in training and administration of the VITA (Volunteer Income Tax Preparation) program, including efiling returns.
Prereq.: graduate standing.

ACCT 6922    Cost Based Decision Making    3 s.h.

Insights into a company’s product costs (including those considered direct and indirect), its fixed and variable costs (and ways to identify these) and an understanding of its controllable and non-controllable costs all are necessary to effectively manage an organization. This course focuses on these concepts and how they can be used when making business decisions.

ACCT 6925    Oil and Gas Accounting    3 s.h.

A study of the accounting and taxation principles and procedures of the petroleum industry. Topics include exploration, leasing, drilling and production problems.
Prereq.: "C" or better in ACCT 2603 or FIN 6902.

ACCT 6930    Financial Accounting Regulation    3 s.h.

The major objective of the course is to enable students to understand both the theoretical and practical aspects of compliance and regulation. Emphasis is on financial statement regulation and standard setting, including differences in financial measurement and reporting practices that exist in the U.S. and internationally. The course will examine how effective governance systems are implemented within all forms of organizations.
Prereq.: Graduate standing.

ACCT 6935    Research Accounting and Tax    3 s.h.

A study of the practical research process, providing useful guidance and information in conducting professional accounting and tax research. A broad range of case analyses allows a focus on current topics in the accounting profession.
Prereq.: "C" or better in ACCT 3702 and ACCT 4813.

ACCT 6940    Data Analytics for Accounting    3 s.h.

Course emphasis is on knowledge and skills required by accountants and managers to collect, manage, query, analyze extremely large volumes of data in various formats from numerous sources. Focus will be given to results that management of data brings to an organization. It will cover a broad spectrum of topics chosen from the following: database management, descriptive statistics, predictive analytics, through data discovery, data merging & cleaning, data visualization, ethics data quality, and advanced data modeling. It will include hands-on use of available software found in industry practices such as SAS and Tableau, with an emphasis on spreadsheets and coding skills.
Prereq.: Graduate standing.

ACCT 6945    Accounting Ethics and Professionalism    2 s.h.

This course will include coverage of professional ethics in accounting, practice development in accounting (including services marketing), and accounting-related career success skills. The course will be a combination of personal reflection, cases, lectures, outside guests (from accounting firms and entities and those that hire them), and a project identifying a development challenge faced by accountants with recommendations on what should be done.
Prereq.: Graduate Standing.

ACCT 6950    Fraud Examination    3 s.h.

A study of occupational fraud and abuse. Topics include asset misappropriation schemes, corruption, and fraudulent statements, including fraudulent financial statements. Coverage includes implications for the fraud examiner and corporate management.
Prereq.: ACCT 2602 or FIN 6902.

ACCT 6960    Seminar in Accounting    2 s.h.

Specific topics selected by the staff from timely and controversial work published in the field.
Prereq.: All core courses, plus at least six hours (6900-level) in accounting or permission of instructor.

ACCT 6968    Special Topics in Accounting    1-3 s.h.

Topics may vary from semester to semester and will be announced with prerequisites and hours. May be repeated.

ACCT 6970    Capstone Experience    1 s.h.

A culmination of learning experiences necessary for accounting professionals. An integrative case study project will be required. Program level assessment will be a component of this course, both in terms of technical knowledge and other program-level learning goals including written and oral communication.
Prereq.: Permission of MAcc Director.

ACCT 6971    Regulation Theory Review and Practice    2 s.h.

A culmination of learning experiences in the regulation area (federal taxation and business law) necessary for accounting professionals, with a strong emphasis placed upon the CPA (Certified Public Accountant) exam in the regulation areas. An integrative, practice-based project in federal tax and/or business law will be required.
Prereq.: Admission into the MAcc program.

ACCT 6972    Audit Theory Review and Practice    2 s.h.

A culmination of learning experiences in the auditing area necessary for accounting professionals, with a strong emphasis placed upon the CPA (Certified Public Accountant) exam in the financial accounting areas. An integrative, practice-based project in auditing will be required.
Prereq.: undergraduate major in accounting or its equivalent.

ACCT 6973    Business Environment & Concepts Theory Review and Practice    2 s.h.

A culmination of learning experiences in the business environment and concepts (BEC) area necessary for accounting professionals, with a strong emphasis placed upon the CPA (Certified Public Accountant) exam in the BEC areas. An integrative, practice-based project in the BEC areas will be required.
Prereq.: Admission into the MAcc program.

ACCT 6974    Financial Accounting Theory Review and Practice    2 s.h.

A culmination of learning experiences in the financial accounting area necessary for accounting professionals, with a strong emphasis placed upon the CPA (Certified Public Accountant) exam in the financial accounting area. An integrative, practice-based project in financial accounting will be required.
Prereq.: undergraduate major in accounting or its equivalent.

ACCT 6975    Business Tax Planning 2    2 s.h.

This course continues the study of income tax laws concerning corporations generally, including Subchapter S corporations, corporate reorganizations, partnership taxation, and tax administration and practice.
Prereq.: ACCT 6905.

ACCT 6980    Governmental and Nonprofit Accounting    2 s.h.

A study of accounting systems for federal, state, and local governmental agencies and other not-for-profit organizations. (Not available for credit to students who have had ACCT 4820.).
Prereq.: FIN 6900 Government and Funds Accounting or equivalent.

ACCT 6996    Research Problems    1-4 s.h.

Special research project under the supervision of a graduate faculty member. Credit will be determined in each case in light of the nature and extent of the project.
Prereq.: Fifteen hours of level II MBA coursework or permission of MBA director.

Finance

FIN 2600    Finance Field Experience    1 s.h.

Internship and/or cooperative education experiences in finance. Students may be assigned to corporate, non-profit, or government entities on a semester basis. Can repeat this course once for a different field experience.
Prereq.: 2.5 GPA, department approval, and sophomore standing.

FIN 2615    Planning Your Financial Future    3 s.h.

An introductory course to personal finance planning. Emphasis on establishing financial goals and monitoring progress toward reaching those goals to improve the individual's quality of life. Topics include financial planning process, budgeting, credit, financing strategies, education planning, tax planning, etc. Open to business and non-business majors. Serves as the first course for students who are interested in the finance field.

FIN 3715    Planning Your Financial Future    3 s.h.

An introductory course to personal finance planning. Emphasis on establishing financial goals and monitoring progress toward reaching those goals to improve the individual's quality of life. Topics include financial planning process, budgeting, credit, financing strategies, education planning, tax planning, etc.. Open to business and non-business majors.
Prereq.: ENGL 1550 grade of "C" or better and MATH Level 20 or higher or ACT Math Score of 18 or higher or SAT Math Score 480 or higher and Junior standing and 2.5 overall GPA.

FIN 3720    Business Finance    3 s.h.

Study of the financial problems associated with the life cycle of business. Analysis of problems relating to estimating the financial needs of an enterprise and to evaluating the alternative means of providing temporary and permanent capital. Relationship of current financial decision with financial policy is analyzed from the viewpoint of management and the investor.
Prereq.: Successful completion of Business Tool Courses including BUS 1500, ACCT 2602, ACCT 2603, ACCT 2603L OR BUS 2600, MATH 1552, ECON 2610, ECON 2630, MGT 2604, ENGL 3742, ECON 3790 OR ECON 3788 with the grade of C or better, 2.5 GPA.

FIN 3721    Personal Financial Management    4 s.h.

An integration of the comprehensive financial planning process into the individual's financial life cycle. Includes accumulation, preservation, and distribution of financial assets. Topics include financial planning basics and risk management, investment selection, retirement planning and employee benefits, tax considerations, estate and trust basics. Junior standing and 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 3725    Real Estate Investment    3 s.h.

Topics include real property ownership, real estate markets, valuation methods, financing methods and management of real estate investments. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 3726    Insurance Planning    3 s.h.

Introduces students to risk management and insurance decisions in personal and business financial planning. Topics include insurance for life, health, disability, property and liability risks as well as annuities, group insurance, long-term care insurance and social security. 2.5 overall GPA.
Prereq.: "C" or better in FIN 2615 or FIN 3715 and FIN 3720.

FIN 3730    Investment Planning    4 s.h.

Introduces topics of investment planning, vehicles, analysis and strategies required in the financial planning process. Discussions are within the context of risk and return, asset valuation, various financial instruments, financial mathematics, asset pricing models and portfolio management. The aim of the course is for students to gain the knowledge to evaluate alternative investment choices in the context of client's financial planning needs. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 4833    Retirement Plans & Employee Benefits    4 s.h.

Provides students with retirement and employee benefits topics required for a financial planning career discussed within the context of time value of money, inflation, and taxation. Specifically, insurance (life, disability and medical) issues, ESOPs and deferred compensation plans, private and public retirement plans and distribution rules are reviewed in-depth. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 4835    Advanced Business Finance    4 s.h.

In-depth examination of the techniques and analyses employed in the financial management process. Advanced study of working capital management, capital budgeting, and long- and short-term financing choices. Integrated decision making tools such as the options framework as well as economic value added. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 4836    Financial Markets    4 s.h.

An examination of global financial markets, institutions, and instruments with emphasis on factors influencing how firms and individuals make financing and investing decisions. Advanced coverage of primary market financing, investment banking, stock and index options, financial futures. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720 and FIN 3730.

FIN 4838    Financial Plan Development    4 s.h.

Prepares students with financial planning knowledge, skills and ability to integrate, apply and communicate to their clients. Planning recommendations are demonstrated through real-life case studies. The focus of this capstone course is on the fundamental planning practices, professional skills and integration of concepts and knowledge. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3726, FIN 4833 and ACCT 4815.

FIN 4839    International Accounting and Finance    3 s.h.

Cross-functional introduction to multinational enterprises and multinational financial management with emphasis on foreign currency risk management; measuring and managing accounting and economic exposure; foreign trade and investment analysis; various topics in international accounting and finance. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 4841    Seminar in Investments and Security Markets    3 s.h.

An examination of the literature on efficient capital markets with implications for security selection and portfolio management. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 4845    Business Valuation    3 s.h.

Study of business valuation techniques currently used in valuing publicly traded and private equity to include: cash flows, forecasting, estimating cost of capital for public and private companies, valuation of stand-alone companies and business units from perspective of acquirer and seller. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 4850    Finance Internship    3 s.h.

The student is given the opportunity to relate theory to practice in a career related on-site field experience with a participating organization.
Prereq.: Finance major, junior standing, 2.75 Finance GPA, 2.5 overall GPA and approval of director.

FIN 4851    Finance Internship 2    3 s.h.

Students have the opportunity to relate theory to practice in a career related on-site field experience with a participating organization. Finance Internship 2 may be done at a different or the same organization as FIN 4850; if the same organization, higher levels of duties and performance are expected. 2.5 overall GPA, and approval of director.
Prereq.: grade of "B" or better in FIN 4850.

FIN 4853    Financial Analysis    4 s.h.

Theory and practice of financial analysis. Analysis and interpretation of financial information with emphasis on practical applications. Projected financial statements, budgeting, valuation and computer modeling of current financial problems. 2.5 overall GPA.
Prereq.: "C" or better in FIN 3720.

FIN 4860    Special Topics in Finance    1-4 s.h.

Subject matter, credit hours, and prerequisites will be announced in advance of each topic. 2.5 overall GPA.
Prereq.: Permission of director.

FIN 6900    Financial Accounting and Finance for Decision Making    4 s.h.

A survey of the fundamental concepts of financial accounting employed by general managers. Additionally, a survey of the concepts, principles, and practices of financial management used by general managers and the links between the two types of information. Permit required.

FIN 6902    Financial Accounting and Finance for Decision Making    1-2 s.h.

Participants be able to utilize foundational concepts of accounting and finance so they are able to use financial statements to determine the condition of a business. Further, participants will learn how to utilize key financial ratios, which capture key elements of a firm's performance, to be better positioned to make more informed decisions.
Prereq.: Graduate standing.

FIN 6910    Business Internship    1-3 s.h.

Provides graduate students the opportunity to relate theory to practice through on-the-job work experience with a participating organization. The internship will serve as an elective MBA course.
Prereq.: Completion of level I MBA coursework and six semester hours of level II MBA coursework.

FIN 6912    Financial Statement Analysis    2 s.h.

This course provides an understanding of financial analysis with emphasis upon decision making. Annual reports and mini-cases involving real companies are used to illustrate important concepts and financial analysis techniques. Major topics include the analysis of the income statement, cash flow statement, balance sheet, and detailed examination of various financial ratios and their significance.
Prereq.: Graduate standing and FIN 6902.

FIN 6923    Corporate Financial Management    3 s.h.

Participants will gain an understanding of financial analysis techniques that are used when evaluating businesses, projects, budgets and other related decisions. Participants will develop a set of analytical tools for conducting historical analysis (analysis of the income statement, cash flow statement, balance sheet, interpretation of various financial ratios) as well tools associated with capital budgeting, capital structure and cost of acquiring capital.
Prereq.: Graduate Standing.

FIN 6924    Securities Analysis    3 s.h.

The major emphasis will be an in-depth, fundamental analysis of the investment merits of the common stock of a firm. This study will be accomplished by applying the appropriate analytical principles and valuation techniques to the firm's financial statements. A research paper will be required.
Prereq.: FIN 6923.

FIN 6939    Multinational Accounting and Finance    3 s.h.

A cross-functional examination of selected topics in international accounting and finance with emphasis on developing research and problem-solving skills. Cases will be presented that teach the strategy and tactics of multinational corporate reporting and financial management.
Prereq.: FIN 6923.

FIN 6945    Business Valuation    3 s.h.

A study of business valuation techniques currently used in valuing publicly traded and private equity.
Prereq.: "C" or better in FIN 3720 or FIN 6900.

FIN 6953    Advanced Financial Analysis    3 s.h.

Applications of financial analysis to business consulting. Includes case studies and practical implementation strategies.
Prereq.: FIN 6923.

FIN 6968    Special Topics in Finance    1-3 s.h.

Topics may vary from semester to semester and will be announced with prerequisites and hours. May be repeated.

FIN 6970    Seminar in Finance    3 s.h.

Specific topics selected by the staff from timely and controversial work published in the field.
Prereq.: All core courses, plus at least six hours (6900-level) in the finance concentration, or permission of instructor.

FIN 6996    Research Problems    1-4 s.h.

Special research project under the supervision of a graduate faculty member. Credit will be determined in each case in light of the nature and extent of the project.
Prereq.: Fifteen hours of level II MBA coursework or permission of MBA director.

Economics

ECON 1501    Economics in Action    3 s.h.

An introduction to the United States' economic system and institutions through the examination of current economic problems. Not applicable for a major or minor in economics. Credit will not be given for 1501 if a student has already received credit for ECON 2610 or its equivalent.
Gen Ed: Social Science.

ECON 1502    Panic and Prosperity, United States Economic Policy Since the Great Depression    3 s.h.

Examines the crises and successes of the American economy since 1929, and how the economic policies of different presidential administrations affected the lives of U.S. citizens. Not applicable towards a major or minor in economics.
Gen Ed: Social Science.

ECON 1503    Rich and Poor: Diversity and Disparity in the United States Workplace    3 s.h.

Examines how labor markets determine the distribution of income and the dramatic changes in the composition of the American labor force. Explores such issues as the widening gap between low and upper income groups, the characteristics of the poor, affirmative action, the glass ceiling, the mommy track, and family-friendly working environments. Not applicable towards a major or minor in economics.
Gen Ed: Domestic Diversity, Social Science, Social and Personal Awareness.

ECON 1504    Economics of Aging    3 s.h.

An introduction to the economic consequences of an aging population and the economic status of the aged. Topics include income adequacy in old age, retirement decisions, retirement income planning, social security income, employer-sponsored pensions, and financing health care. Not applicable toward a major or minor in economics.
Prereq.: ECON 1501 or GERO 1501.

ECON 1505    Introduction to Personal Financial Literacy    3 s.h.

An introduction to personal financial planning. Topics covered include budgeting, the use of credit, taxes, savings accounts, investment strategies, insurance, buying a home, career planning, and retirement planning. Students will gain the knowledge and resources to be better prepared for their financial future.
Gen Ed: Well Being, Social and Personal Awareness.

ECON 2610    Principles 1: Microeconomics    3 s.h.

Introduction to the theory of markets, including the behavior of consumers and the conduct of private and public business enterprise. Effects of monopoly and competition on private and social welfare. The role of government in promoting the economic welfare of consumers, workers, and minorities.
Prereq.: Level 20 or higher on the math placement exam.
Gen Ed: Social Science.

ECON 2630    Principles 2: Macroeconomics    3 s.h.

Studies of growth, inflation, and unemployment at the national level and the performance of the U.S. economy in the global setting. The impacts of national economic policies on individual and social welfare. An extensive discussion and evaluation of the U.S. banking system and its effects on individuals and businesses.
Prereq.: ECON 2610.
Gen Ed: Social Science.

ECON 2631    Introductory Macroeconomics for Education Majors    3 s.h.

Measurement of the national economy's performance (growth, inflation, and unemployment), the banking system, the impact of government on macroeconomic performance, and international macroeconomics. Principles of personal finance, including budgeting, the use of credit, and financial planning are also discussed. Open only to education majors. Credit will not be given for both ECON 2630 and ECON 2631.
Prereq.: FOUN 1501 and ECON 2610.

ECON 3701    Money and Banking    3 s.h.

Organization and operation of commercial banking in the United States; central banking under the Federal Reserve System; basic theory. Monetary policy as a determinant of national income.
Prereq.: ECON 2630.

ECON 3702    Public Finance    3 s.h.

The development and present status of public finance; federal, state and local expenditures and taxation; theories of tax incidence, axioms of taxation, theories in justification and government spending; tax reform. Study of the techniques of fiscal policy with emphasis on its role as a determinant of the level of national income.
Prereq.: ECON 2610.

ECON 3703    Behavioral Economics    3 s.h.

Uses insights from economics and psychology to explain why normally rational people make poor choices in their lives, be it in terms of money, health, education or long-term happiness. This introductory course explores the sources of poor economic choices and examines ways to improve them.
Prereq.: ECON 2610 or PSYC 1560.

ECON 3704    Emerging Economies in Asia    3 s.h.

Introduction to emerging economies in Asia, mainly in East Asia and India where the economies in recent decades have generally performed well compared with the rest of the world. Focus is on the development strategies and policies of the region’s major economies with an aim in contrasting their experience with the industrialized nations in the West.
Prereq.: ECON 1501, ECON 2610, or ASST 1550.

ECON 3705    Environmental and Resource Economics    3 s.h.

Application of economic theory to environmental problems, analysis of policy alternatives for pollution abatement, and the conservation of exhaustible resources. Determination of efficient management of local and national pollution levels, including air, water, and toxic substances. Possible economic consequences associated with global warming.
Prereq.: ECON 1501 or ECON 2610.

ECON 3710    Intermediate Microeconomic Theory    3 s.h.

A systematic analysis of the theory of demand and the theory of the firm: production input and output choices, and some basic concepts of linear programming. An intensive analysis of the theory of the firm: competitive pricing, monopoly pricing, pricing in imperfect competition; and the theory of rent, profits, interest and wages.
Prereq.: ECON 2610, and either MATH 1552, MATH 1570, or MATH 1571; For Actuarial Science minors, the prerequisite is either MATH 1571 or MATH 1572.

ECON 3712    Intermediate Macroeconomic Theory    3 s.h.

The construction of national income and production accounts and the basic determinant of income, output, and employment. Determination of the level of employment, interest, and money through the classical versus Keynesian aggregate economics.
Prereq.: ECON 2630 and either MATH 1552, MATH 1570, or MATH 1571; For Actuarial Science minors, the prerequisite is either MATH 1571 or MATH 1572.

ECON 3720    Comparative Economic Systems    3 s.h.

An examination of the recent world-wide trend toward free market economy, giving particular attention to basic processes such as resource allocation and product distribution. Frequent references are made to the failure of Socialism in the USSR and the new approach in Russia, Eastern Europe and China toward market economies.
Prereq.: ECON 1501 or ECON 2630.

ECON 3724    Public Budgeting    3 s.h.

Study of the politics, theories, and techniques of public budgeting. Includes the process of budget preparation, adoption and execution. Topics include debt management and capital budgets. (This course is cross-listed with POL 3724.).
Prereq.: POL 3720.

ECON 3740    Sports Economics    3 s.h.

Economic analysis of individual, team, and league sports. This course focuses not only on the market structure and industrial organization of sports leagues, but also addresses the public finance issues of municipal stadium construction and the labor issues involved with free agency and salary caps.
Prereq.: ECON 2610.

ECON 3788    Statistics for Business and Economics 1    3 s.h.

Introduction to statistical methods in data analysis and forecasting. Topics include descriptive statistics, probability, sampling and sampling distributions, and hypothesis testing. Practical application of statistical procedures is incorporated into regularly scheduled computer workshops. Credit will not be given for ECON 3788 if a student has already received credit for ECON 3790 or its equivalent.
Prereq.: MATH 1510.

ECON 3789    Statistics for Business and Economics 2    3 s.h.

This course builds on concepts introduced in ECON 3788. Specific topics include hypothesis testing, regression analysis, ANOVA and time series analysis. Practical application of statistical procedures is incorporated into regularly scheduled computer workshops. Credit will not be given for ECON 3789 if a student has already received credit for ECON 3790 or its equivalent. 3 s.h.
Prereq.: ECON 3788.

ECON 4810    Managerial Economics    3 s.h.

An application of economic analysis to business problems. Emphasis upon executive decisions for the allocation of resources.
Prereq.: ECON 2610.

ECON 4855    Health Economics    3 s.h.

Application of basic principles to the study of the health care industry. Topics include the supply and demand of medical care, the effects of private and public insurance on the health care industry, trends in health care costs, public policies to equalize access to medical care and the dilemma caused by the improvement in life-sustaining technology.
Prereq.: ECON 2610.

ECON 4860    Selected Topics in Economics    3 s.h.

Advanced study of selected topics in economic analysis and issues in economic policy. May be repeated once with different topic.
Prereq.: ECON 2610 and ECON 2630.

ECON 4870    Economics Internship    3 s.h.

The practical application of economic knowledge and statistical skills in the workplace. Students assist professionals in various kinds of industrial, financial, and public service organizations.
Prereq.: By permit only, minimum GPA 2.5.

ECON 4880    Analysis of Economic Problems    3 s.h.

The application and extension of the student's skills in economic analysis and statistical techniques to economic issues. The course covers sources of data, exploratory data techniques, matching of data and statistical tests, interpretation and presentation of the results. Students demonstrate their command of research techniques by the completion of a research paper and oral presentation. Topics to be determined.
Prereq.: ECON 3710, ECON 3712, and ECON 3790; or ECON 3788 and ECON 3789; or ECON 3788 and BUS 3700.
Gen Ed: Capstone.

ECON 4898    Graduate Study in Selected Economic Topics    3 s.h.

For undergraduates taking courses in the MA in Economics program for credit towards an undergraduate degree. Credit earned cannot be later applied to a graduate degree. The student must meet the criteria for undergraduate students taking graduate coursework listed in the Graduate Bulletin. May be repeated with different graduate courses.
Prereq.: A minimum of 20 hours of coursework in economics at the 2600 level and above, permission of the chair, junior standing.

ECON 4899    Individual Study in Economics    1-4 s.h.

Individual study of a topic, area, or problem requiring in-depth reading, and a written project. May be repeated once with a different topic, area, or problem.
Prereq.: Junior or senior standing, by permit only.

ECON 5801    Economics of Industrial Organization    3 s.h.

A systematic analysis of the structure, conduct, and performance of American industry. A quantitative analysis plus a comprehensive review of theoretical models of the market, firm behavior, and performance.
Prereq.: ECON 2610.

ECON 5806    History of Economic Thought    3 s.h.

Designed to provide students with an understanding of the development of economic ideas to include: Mercantilism, Physiocrats, the English Classical School, Utilitarianism, early Social Thought, Karl Marx, the German Historical School, Institutionalists and the Keynesian School.
Prereq.: ECON 2630.

ECON 5809    Current Problems in Money, Banking, and Financial Markets    3 s.h.

The financial market system, including money and capital markets. Current problems associated with trends in theory and practice. Theories of the interest rate and monetarism.
Prereq.: ECON 3701 or consent of instructor.

ECON 5811    International Trade    3 s.h.

Theories of international trade and specialization; free trade vs. protectionism; tariff and non-tariff barriers to international trade; international balance of payments and its components; the role of multinational enterprises in contemporary trade pattern; regional economic integrations and world trade; U.S. commercial policies.
Prereq.: ECON 2630.

ECON 5812    International Finance    3 s.h.

Theories of foreign exchange and capital movements, international payments, analysis of spot and forward foreign exchange markets, foreign exchange market arbitrage, speculation, and risk hedging. The Bretton Woods agreement and the contemporary international monetary system. The rise of international organizations and multinational enterprises in the international economy.
Prereq.: ECON 2630.

ECON 5822    Urban and Regional Economics    3 s.h.

Economic analysis of the problems of urbanized areas and the causes of the growth or decline in economic activity in small-area economics. Topics include benefit-cost analysis, economic base analysis, input-output applications, and the theory of location and agglomeration.
Prereq.: ECON 2610.

ECON 5824    Applied Time Series Analysis of Economic and Business Data    3 s.h.

An in-depth analysis of time series models and their applications to problems in economics and business. Emphasis on forecasting. Extensive use of standard computer programs.
Prereq.: ECON 2610 and STAT 4817 or ECON 3790 or (ECON 3788 and ECON 3789) or (ECON 3788 and BUS 3700).

ECON 5831    Labor Markets and the Economics of Unions    3 s.h.

Economic theory and analysis of labor as an input in the resource market; principles, labor problems, public policy; theories of the development of the labor movement; economic objectives of trade unions; problems in public control.
Prereq.: ECON 2610.

ECON 5843    Economics of Poverty, Transfers and Discrimination    3 s.h.

Examines the measurement and causes of poverty, trends in the distribution of income, and antipoverty programs and their effectiveness. Discussions of theories of discrimination, difficulties in measuring the impact of discrimination, and policies designed to reduce discrimination.
Prereq.: ECON 2610.

ECON 5850    Introduction to Game Theory    3 s.h.

Topics include (not limited to) Nash equilibrium, pure/mixed strategy, static/dynamic games, repeated games and coordination, perfect/incomplete information, etc.
Prereq.: ECON 2610.

ECON 5853    Applied Econometrics    3 s.h.

The practice of econometrics with emphasis on model construction, estimation, and interpretation of results. Applications in the private and public sectors involve the use of computers and economic software.
Prereq.: ECON 2630 and ECON 3788.

ECON 5856    Topics in Quantitative Economics    3 s.h.

Application of different tools of mathematical economics, computational economics, and econometrics in conjunction with economic theory to model economic problems of firms, consumers, financial institutions, and public sectors. Specific content of the course will vary with the instructor. May be repeated once with a different topic.
Prereq.: ECON 3788.

ECON 5861    SAS Programming for Data Analysis    3 s.h.

An introduction to SAS programming for data analytics. Topics include using SAS for data processing, manipulation, visualization, reporting, and statistical analysis. The objective is for students to develop statistical computing skills for problem solving and decision making. Cross-listed: STAT 5811.
Prereq.: STAT 2601 or STAT 3717 or STAT 3743 or ECON 3790, or ECON 3788 and ECON 3789, or ECON 3788 and BUS 3700.

ECON 6900    Statistical Problems    3 s.h.

A survey of the fundamental statistical techniques used in business with special emphasis on interpreting the results generated by statistical software. Techniques covered: hypothesis tests of means and proportions, estimation, chi-square tests, analysis of variance, correlation, and regression. Not applicable toward the M.A. in economics.

ECON 6904    Quantitative Methods for Economics    3 s.h.

A course designed to provide graduate students in economics with an opportunity to acquire the necessary skills in using the quantitative methods that are required to complete graduate-level economic theory and econometrics courses successfully. The course introduces the basic concepts and procedures of differential and integral calculus that are used in economic analysis, as well as the fundamental probability and statistics which are needed in the study of econometrics.

ECON 6912    Microeconomic Theory    3 s.h.

Study of demand and supply, consumer theory, the theory of the firm, various market structures, and Pareto efficiency.

ECON 6915    Health Policy    3 s.h.

A theoretical and empirical analysis of the health care sector. Topics include the demand for health care and health insurance, the perverse incentives of health insurance, moral hazard, physician and hospital behavior, and the role of competitive markets in the delivery of health care. Special emphasis is placed on the analysis of public policy, including financing and regulating the health care industry.
Prereq.: admission into the MA in Economics or MA in Financial Economics programs or permission of instructor.

ECON 6921    Economic Analysis of Markets and Industries    3 s.h.

Participants will learn to analyze and understand the impact economic factors (e.g., information, consumer behavior, supply and demand) have on shaping markets and industries. Using this knowledge, participants will be capable of assessing the different types of economic strategies (e.g., product differentiation, pricing, advertising and signaling) an organization can employ to gain market power to realize economic profits.
Prereq.: Graduate standing.

ECON 6922    Macroeconomic Theory    3 s.h.

Examines models used to determine the value of various aggregate economic variables, such as the price level, national income, employment, interest rates, and wage rates.

ECON 6939    The Economics of Financial Markets and Institutions    3 s.h.

Study of the institutions, instruments, and markets that facilitate the distribution of financial resources throughout the economy. The course discusses the money, capital, and commodity markets. Also, the topics of accessing default risk and hedging against market risk are discussed.
Prereq.: admission into the MA in Economics or MA in Financial Economics programs or permission of instructor.

ECON 6940    Financial Economics    3 s.h.

Study of various topics, including risk and the selection of the optimal monetary control tool, politics and monetary control, the financial firm as an optimizing institution, and portfolio theory.
Prereq.: ECON 6939 or permission of the instructor.

ECON 6941    Monetary Economics    3 s.h.

Study of the empirical analysis using multivariate time series methods, including the topics of distributed lag models, selection of the appropriate lag structures, causation versus correlation, and cointegration.
Prereq.: ECON 6922 or permission of the instructor.

ECON 6945    Public Finance    3 s.h.

Study of the role of the government in the economy. The topics covered will include expenditure analysis, theories of taxation, provision of public goods, fiscal federalism, and public choice theory.
Prereq.: ECON 6912.

ECON 6946    State and Local Public Finance    3 s.h.

Study of the special problems of financing subnational governments. Topics include the optimal level of local government spending, public choice through voting, public choice through migration, the combination of taxes used by state and local governments, the theory of tax incidence, the effect of intergovernmental grants, and expenditure patterns of local governments. Special attention will be given to local governmental grants and expenditure patterns of local governments, as well as local governments' role in financing education and transfer payments.
Prereq.: admission into the MA in Economics or MA in Financial Economics programs or permission of instructor.

ECON 6952    Transfer Programs and Poverty    3 s.h.

A study of poverty and the effectiveness of antipoverty programs. Topics include defining and measuring poverty, trends in the rate of poverty and the distribution of income, causes of poverty, models of discrimination, effectiveness of government training programs, transfer programs and their effect on labor supply, and the financial stability of the Social Security retirement program.
Prereq.: admission into the MA in Economics or MA in Financial Economics programs or permission of instructor.

ECON 6955    Antitrust and Market Structure    3 s.h.

Study of the pivotal court decisions that have determined the direction of antitrust law. Concentration is on the economic analysis of court decisions and the impact of the courts' decision on market structure. Topics covered include price fixing, mergers, monopolization, and exclusion practices.
Prereq.: admission into the MA in Economics or MA in Financial Economics programs or permission of instructor.

ECON 6970    Economics Internship    3 s.h.

The practical application of economic knowledge and statistical skills in the workplace. Students assist participating professionals in various kinds of industrial, financial, and public service organizations. By permit only.
Prereq.: ECON 6912 and ECON 6922.

ECON 6976    Econometrics    3 s.h.

Study of the fundamentals of econometric techniques that are useful for estimating causal economic relationships. The objectives include (1) analysis of the effects of exogenous factors on the variable whose behavior we seek to explain, (2) testing of hypotheses about new and existing economic theories, and (3) forecasting estimated economic relationships beyond the sample period for the purpose of planning and control. The course will focus on the practice of econometrics with extensive applications to a variety of real-world problems in many areas of economics.
Prereq.: ECON 6904.

ECON 6980    Applied Time Series Analysis and Forecasting    3 s.h.

Covers essential tools for time series analysis and forecasting with emphasis on how to apply those tools to analyze and forecast economic and business data. Topics include ARMA models, Time Series Decomposition, Exponential Smoothing, GARCH, VAR models, and Cointegration.
Prereq.: ECON 2610 and ECON 3789 or ECON 3790 or ECON 6976 or STAT 5817.

ECON 6981    International Finance    3 s.h.

Study of the foreign exchange market; the business and economic consequences of changes in domestic and foreign banking; central banking; and financial market policies. The development of various exchange rate standards, foreign currency markets, and the Eurocurrency and Eurobond markets.
Prereq.: admission into the MA in Economics or MA in Financial Economics programs or permission of instructor.

ECON 6985    International Trade and Development    3 s.h.

Study of the determination of a country's exports and imports, the social welfare consequence of trade, free trade versus restricted trade, preferential trading agreements, and the current composition and direction of U.S. trade.
Prereq.: admission into the MA in Economics or MA in Financial Economics programs or permission of instructor.

ECON 6988    Modeling in Financial Economics    3 s.h.

A study of modeling and evaluation of derivatives and bonds and risk management using derivatives. Topics cover various models in asset evaluation, such as bond price models, the Black-Sholes model, diffusion processes, and risk management. Also listed as STAT 6988.
Prereq.: STAT 4843 or STAT 6943 or ECON 6976.

ECON 6990    Special Topics in Economics    1-3 s.h.

Special interest topics selected by the staff in the following areas: economic education, economic theory, and applied economics analysis. May be repeated for a maximum of six hours toward a graduate degree.

ECON 6992    Data Analytics - Advanced SAS Programming    3 s.h.

This coures is designed to provide students training of advanced SAS programming for data analysis. Main topics include SQL, Macro language, Econometrics-related procedures, working with large data set, etc. Crosslisted with STAT 6912.
Prereq.: ECON 6976 or equivalent and either ECON 5861 or STAT 5811.

ECON 6998    Research Seminar    3 s.h.

Applied quantitative research techniques will be discussed. Students are required to undertake an original quantitative research project in a field of economics and write a paper summarizing their results. Course may be taken concurrently with ECON 6976.Prereq.: ECON 6912 and ECON 6922.

ECON 6999    Master's Thesis    3 s.h.

A research project under the supervision of a member of the department on the graduate faculty. The project typically extends the student's research in ECON 6998.
Prereq.: a grade of "A" or "B" in ECON 6998 and a thesis proposal accepted by departmental committee.