Prerequisite: ICMB 212
The framework of accounting from both a conceptual and application perspective, decision-making skills in articulating accounting policies in business organizations, researching accounting questions, problems, and cases using the Financial Accounting Standard Board (FASB) conceptual framework. ICMF 312 Intermediate Accounting II
Prerequisite: ICMF 311
Decision making in single and multi-period environments where there are uncertainties and complex combinations of costs, financial institutions, and current practices in performance management and evaluation. ICMF 374 Money, Banking and Financial Markets
Prerequisite: ICNS 104, ICMB 201, ICMB 202, ICMB 371
Operation of commercial banks and non-banking financial institutions, theory of interest rate structure and the role of the central bank, impact of monetary and other governmental policies on interest rates, flows of funds in financial markets, and aggregate spending and economic activity. ICMF 375 Multinational Corporate Finance
Prerequisite: ICMB 372
Characteristics and roles of international financial markets, foreign exchange markets, financial cross border trade, currency risk and portfolio diversification, introduction to derivative markets and international monetary systems affecting the management of multinational business corporations. ICMF 376 Financial Modeling
Prerequisite: ICBE 341, ICMB 281, ICMB 372
Employing of Microsoft Excel, Visual Basic and other software packages in application of several topics of financial management, the modeling of asset valuation, capital budgeting, cash management, cash flow analysis, and application of the Monte Carlo simulation. ICMF 471 Financial Investment
Prerequisite: ICMF 376
Investment principles and practices, investment policies, security analysis, mechanism and mathematics of security purchases, long-and short-term fluctuations of security prices, functions of securities markets and regulatory bodies, individual investment needs; quantitative and qualitative aspects of risk and return associated with investment decisions, and fundamental, technical, and random-walk approaches to valuation. ICMF 473 Financial Theory
Prerequisite: ICMF 471
Classical ideas in finance, expected utility, risk aversion, mean-variance portfolio analysis, separation theorem, time state preference and risk neutral valuation, efficient market, and core theories of capital markets and corporate finance. ICMF 475 Case Studies in Finance
Prerequisite: ICMF 372
Discussion of the concepts and methodologies used to explore current issues and case studies in finance. ICMF 478 Risk Management
Prerequisite: ICMF 375
Introduction to the management of financial risks, market risk, credit risk, operational risk, implementation of risk management techniques, the value at risk, the reduced-form approach, and the structural approach used by corporate and financial institutions in the identification, assessment, and monitoring of risk. ICMF 479 Seminar in Finance
Prerequisite: ICMF 473, ICMF 478
Integration of the key concepts of finance taught in previous courses including asset valuation, risk management, corporate polices, preparing a complete financial analysis, computing a firm’s cost of capital using publicly available data, valuing a firm using the free cash flow method, and assessing the firm’s risk using various risk models.