3-3-0

The emphasis in this course is on domestic and international capital markets -- stocks, bonds, foreign currencies, etc. Whereas Finance I and Finance II concentrate on internal financial decision making, this course surveys the external environment in which the firm operates. Managers need to know how to satisfy investors' demands and obligations in order to meet their external needs for capital resources. Students interested in a career as a money manager, research analyst, investment sales and virtually any occupation involved with the investment management process should consider this course. Topics will include the efficient market hypothesis, analysis of fixed income and equity securities, derivatives and principles of portfolio management.

Prerequisite: BFN 200, BMA 140. This course is required for students in the Finance stream. BFN 210 may be taken concurrently with 300 level finance courses except BFN 352 and BFN315.