ProGram PrerequiSiteS three courses, nine credits BE 6220 Managerial Economics see page 31 DG 6810 Mathematical Methods for Business see page 48 DG 6820 Statistics see page 48 mBa cor
Trang 1Graduate School of BuSineSS adminiStration
2012-2013 Academic Bulletin
Trang 2Graduate School of BuSineSS adminiStration
Fordham University’s seal, above, contains the University motto: Sapientia et Doctrina – Wisdom and Learning Issued at Fordham University, Lincoln Center, NY 10023
Trang 3fordham univerSity 3
fordham Graduate School of BuSineSS
adminiStration 5
Requirements for Completion 9
MBA in Public Accountancy 14
MBA in Public Accountancy
and MS in Taxation (MTA) 15
MBA in Communication and
Media Management 22
MS in Media Management 23
MS in Media Entrepreneurship (MSME) 24
MS in Global Finance (MSGF) 29
MS in Quantitative Finance (MSQF) 29
MBA in Information Systems 38
Joint MBA and MS in Information Systems 40
MS in Business Analytics (MSBA) 41
academic reSearch centerS and conSortia 67
Center for Communications 67 Center for Digital Transformation 67 Center for Humanistic Management 67 Center for Positive Marketing 67 Center for Research in Contemporary Finance 67 Donald McGannon Communication Research Center 68 Fordham Consortium 68 Fordham University Pricing Center 68 Frank J Petrilli Center for Research
in International Finance 68 Global Healthcare Innovation Management Center 68 Trans-Atlantic Finance Institute 68
Accounting and Taxation 69
faculty 70
Full-Time 70 Adjunct 78
enrollment develoPment and admiSSionS 85
Loans 89
Table of conTenTs
Trang 4Fordham University is a private educational institution governed by an
independent board of trustees under a charter granted in 1846 by the
New York State Legislature Since 1841, when Fordham was founded as a
Catholic seminary, it has provided education in liberal arts and selected
professional areas at both the undergraduate and graduate levels
Today, the University has 10 schools and more than 15,000 students
enrolled at three campuses The Rose Hill campus is situated on 89 acres
of a former country estate in the Bronx, 12 miles north of Manhattan
Rose Hill is home to:
• Fordham College at Rose Hill
• Fordham Graduate School of Arts and Sciences
• Fordham Graduate School of Religion and Religious Education
• Fordham School of Professional and Continuing Studies
• Gabelli School of Business
Fordham’s Lincoln Center Campus is located adjacent to the world-
renowned performing arts complex in New York City Six schools are
located at Lincoln Center:
• Fordham College at Lincoln Center
• Fordham Graduate School of Business Administration
• Fordham Graduate School of Education
• Fordham Graduate School of Social Service
• Fordham School of Professional and Continuing Studies
• Fordham School of Law
Fordham’s suburban campus in Westchester, New York, also conducts
classes for the following schools:
• Fordham Graduate School of Business Administration
• Fordham Graduate School of Education
• Fordham Graduate School of Social Service
• Fordham School of Professional and Continuing Studies
FORDHAM AND THE JESUIT TRADITION
Fordham is known as “The Jesuit University of New York” because
members of the Society of Jesus have been teaching here from its earliest
days The Jesuits have a 450-year history of excellence in education
that recognizes the importance of the individual’s moral responsibility
The Jesuit tradition of teaching seeks to stretch the imagination of
students, to sharpen their intelligence, and to help them confront the
question of what should be, while at the same time learning to
extend the boundaries of what can be
ACCREDITATIONS
The Graduate School of Business Administration shares in the
numer-ous accreditations of Fordham University, which is also a member of the
Middle States Association of Colleges and is registered by the Board of
Regents of the State of New York
Degree-granting programs offered at Fordham University’s
Graduate School of Business Administration are accredited
by the AACSB International, The Association to Advance
Collegiate Schools of Business This global, nonprofit
membership organization includes educational institutions,
businesses and other entities devoted to the advancement of management education Established in 1916, AACSB International provides internationally recognized accreditation for undergraduate, master’s and doctoral programs in business and accounting
AACSB accreditation is known worldwide as the longest standing, most recognized form of specialized, professional accreditation an institution and its business programs can earn As of July 2012, 655 member institutions based in 44 countries and territories around the globe hold AACSB Accreditation
NONDISCRIMINATION AND AFFIRMATIvE ACTION POLICIES
Fordham University is an academic institution that, in compliance with Federal, state and local laws, does not discriminate on the basis of race, color, creed, religion, age, sex, gender, national origin, marital or parental status, sexual orientation, citizenship status, veteran status, disability
or any other basis prohibited by law
No otherwise qualified person shall be discriminated against in any programs or activities of the University because of disability Likewise, in accordance with Title IX regulations, no person shall be discriminated against on the basis of sex in any education programs and activities Fordham University does not knowingly support or patronize any organization that engages in discrimination
The University continues its commitment to affirmative action by providing the means to recruit, employ and promote women and other under-represented minorities in the interest of attaining workplace diversity The Director of Equity and Equal Opportunity is available to all members of the Fordham community for consultation, training and development of those methods and initiatives that advance a more diversified workforce, and ensure nondiscrimination, access to equal employment opportunities and fair treatment of individuals It is the responsibility of the Director of Equity and Equal Opportunity to monitor and report regularly on the University’s efforts to achieve diversity and compliance with all laws pertaining to non-discrimination
For more information, please contact Kathryn J Rodgers, Interim Director
of Equity and Equal Opportunity, at (718) 817-3112
SEXUAL HARASSMENT
Sexual harassment will not be tolerated in the University community
It subverts the mission of the University and threatens the well-being, educational experiences and careers of students, faculty and staff.Any member of the faculty, staff or student body of the University who believes that he or she has been or is being subjected to sexual harassment is urged to use resolution procedures The full sexual harassment policy is available for review in the Office of the Associate Dean for Student Services
fordham UniversiTy
Trang 5John J Lordan, M.B.A., M.P.A., C.P.A
Senior Vice President,
Chief Financial Officer and Treasurer
Msgr Joseph G Quinn, J.D., J.C.L
Vice President for Mission and Ministry
Brian J Byrne, Ph.D *
Vice President for Lincoln Center
Roger A Milici, Jr., M.A
Vice President for Development
and University Relations
Thomas A Dunne, J.D
Vice President for Administration
Jeffrey L Gray, M.S.A
Vice President for Student Affairs
Frank Simio, B.S., C.P.A
Vice President for Finance
Frank J Sirianni, Ph.D
Vice President for Information Technology
and Chief Information Officer
Peter A Stace, Ph.D
Vice President for Enrollment
Marco A Valera, M.B.A
Vice President for Facilities Management
Kenneth J Boller, S.J
James E BuckmanJohn Cecero, S.J
Emanuel ChiricoMichael J CosgroveGerald C CrottyChristopher F FitzmauriceDennis J FitzSimonsNora Ahern GrosePatricia HellerPeter W HoweDarlene Luccio JordanJohn M KeaneAndrew C KerinWilliam LoschertHenry S MillerPatricia M NazemetzArmondo NuñezJoseph P Parkes, S.J
Loretta A PreskaDennis G RuppelPeter John SacripantiThomas P Salice Luis San MiguelEdward M Stroz William J ToppetaVincent ViolaLilian Wu
truSteeS emeriti
Robert E Campbell John J Cook, Jr
John R Costantino Maurice J Cunniffe William P Frank Herbert A Granath Paul B Guenther
J Kenneth Hickman Joseph A O’Hare, S.J
truStee felloWS
Maureen Scannell Bateman Richard J Buoncore Charles C Carella Winston J Churchill Edwin A Cohen Carolyn N Dolan Christine F Driessen William J Flynn Thomas J Harrington John J Kirby Gerold F L Klauer
V John KrissSharon W Lindsay Robert F Long John LyonsSylvester D McClearnRaymond V O’BrienCharles Osgood Joel I Picket Eugene C Rainis Nicholas A RomanoPaul C Saunders Robert Shapiro Margaret M SmythPaul A Soden John E Toffolon, Jr.Paul A VeteriJohn S Wilcha Paul G Williamson
FORDHAM UNIvERSITY
Trang 6• Business Analytics (MSBA) (HEGIS 0702.00)
• Business Enterprise (MBE) (HEGIS 0506)
• Global Finance (MSGF) (HEGIS 0504.00)
• Investor Relations (MIR) (HEGIS 0505.00)
• Marketing Intelligence (MSMI) (HEGIS 0505.00)
• Media Entrepreneurship (MSME) (HEGIS 0599.00)
• Media Management (HEGIS 0599)
• Quantitative Finance (MSQF) (HEGIS 0504.00)
• Taxation (HEGIS 0502.10)
• Three-Continent Global Management (3C MGM) (HEGIS 0504)
Special Programs
• Beijing International MBA (BiMBA) (HEGIS 0506)
• Executive MBA (HEGIS 0506)
• Joint JD/MBA (HEGIS 0506/1401)
• MBA/MGM Thunderbird Partnership
• MBA/MSQF
• Taxation and Accounting (MTA) (HEGIS 0502.10)
Law and Ethics courses are offered as breadth electives Additional courses
are on page 55 for the Law and Ethics area Entrepreneurship courses
are also offered as breadth electives within the Law and Ethics area Some
are used for the Entrepreneurship academic designation as outlined on
pages 11 and 61
certificate ProGramS
In addition to degree-granting programs, Certificate Programs are offered for master graduates who wish to continue their professional education Below are certificate offerings See page 69 for more information
Accounting and Taxation (HEGIS 0502.00)
• Certificate in Accounting
• Certificate in Accounting and Taxation
• Certificate in Taxation (HEGIS 0502.10)SPecial ProGramS
Fordham Graduate School of Business Administration offers students with a strong interest in global business several distinct options: they can earn a special International Business Designation in conjunction with their concentration (see page 10); apply to our Three-Continent Masters in Global Management (3C MGM) which has been specially designed for students planning careers in international business (see page 59); enroll in Fordham’s Executive MBA (EMBA) Program (see page 63); or earn a dual degree with the Thunderbird School of Global Management (see page 66) Designations for students interested in specializing in Electronic Business, Entrepreneurship or Global Sustainability are also available (see pages 10-11)
Several of the programs offered at Fordham’s Graduate School of Business Administration are exceptional in their fields The first is a rigorous 99-credit program that integrates the subjects of taxation and accounting Called the MBA in Public Accountancy and Master of Science in Taxation (MTA), it is a comprehensive program designed to meet the demand from accounting firms and multinational corporations for broadly educated tax professionals (see page 15)
In addition to the MBA in Finance, Fordham’s Graduate School of Business Administration offers a Master of Science in Quantitative Finance (MSQF) that equips students with the latest intelligence and problem-solving skills for careers in the global financial services industry (see page 29)
fordham GradUaTe school of bUsiness adminisTraTion
Our mission is to educate business professionals and equip
them to manage effectively in a range of leadership roles
With equal emphasis, we strive to enable our graduates to
grow continuously in the changing global environment
To achieve these goals, we take maximum advantage of our
extraordinary location and forge links with national and
international companies that maintain a corporate presence
in New York’s regional economy We are committed to:
instilling skills necessitated by globalization; ethics in business;
understanding the use of technological innovation; lifelong
achievement of intellectual excellence; the use of tan New York’s unique bounty of resources; and humanistic concern for our students
metropoli-Fordham’s Graduate School of Business Administration at Lincoln Center was founded in 1969 in the Jesuit tradition of excellence in education, intellectual rigor and ethical conduct Embracing those ideals, we are dedicated to being an institu- tion of international distinction The school offers programs
of study leading to the degrees listed below.
Trang 7Another exceptional program is a special MBA concentration in
Communication and Media Management designed for corporate
officers in the communications industries (see page 22) Two additional
master programs include our Master of Science in Global Finance
(see page 29) and our Master of Science in Media Management
(see page 23)
Newly introduced specialized master’s degree programs include the
MS in Business Analytics (MSBA), the MS in Business Enterprise (MBE),
the MS in Investor Relations (MIR), the MS in Marketing Intelligence
(MSMI), the MS in Media Entrepreneurship (MSME) and the Three-
Continent MS in Global Management (3C MGM) (see pages 56-60 for
details) The 3C MGM Program prepares students for leadership positions
in global business and includes multinational training in the United States,
Europe and India
fordham in neW york city
Fordham’s Lincoln Center Campus is located in New York City, the
nation’s premier hub of commerce and culture As the world’s finance
center, the city maintains stock exchanges that trade shares of companies
collectively worth $16 trillion, more than five times the value of any
other city’s exchange listings anywhere in the world New York is
also home to more than 100 museums and art galleries, two world-class
opera companies, four celebrated ballet companies, 42 professional
orchestras, and the country’s largest, most vibrant theatrical district, as
well as 10 professional sports teams and more than 23,000 restaurants
Full- and part-time students accepted at the Lincoln Center Campus
study near Columbus Circle at 113 West 60th Street, which provides easy
accessibility from most places of business It is also conveniently close
to the social and cultural magnets of Lincoln Center and the Upper West
Side to the north, the theater district and midtown Manhattan to the
south, and Central Park to the east In addition, the campus’s seven-acre
plaza creates a green oasis in the middle of a great metropolis
The Lincoln Center Campus offers both day and evening classes,
Monday through Thursday, on a trimester basis Terms begin in
September, January and April Some Saturday and online classes are
offered in the fall and spring trimesters
Additional administrative and faculty offices are located half a block away
at 33 West 60th Street, 4th Floor and at 1790 Broadway, 13th Floor
WeStcheSter camPuS of fordham univerSity
The Graduate School of Business Administration also offers its MBA program at the Westchester Campus of Fordham University in West Harrison, New York Courses are taught by the same distinguished faculty as at Fordham’s Lincoln Center Campus Full- and part-time students can complete all requirements for the MBA at this suburban campus in the following concentrations: Finance, Management Systems and Marketing
Students may take from one to four courses per trimester, and while they can complete most degrees entirely at the Westchester Campus, they may move freely between Westchester and Lincoln Center The trimester system is the same at both campuses, with classes in Westchester offered Monday and Wednesday evenings The Westchester Campus is located on Westchester Avenue in West Harrison, New York
up to 12 credits at BiMBA and should meet with an advisor before choosing classes They must be in good academic standing (GPA of 3.0 or higher)
in order to participate Please contact the Office of Student Services at (212) 636-6104 for more information
FORDHAM GRADUATE SCHOOL OF BUSINESS ADMINISTRATION
Trang 8Dean, Gabelli School of Business,
Dean of Business Faculty
Ilhan Akbil, M.I.M
Associate Dean, Enrollment Development
and Admissions
Victor Marek Borun, Ph.D *
Associate Dean of the Faculty
Sris Chatterjee, Ph.D *
Associate Dean,
Graduate Business Education
John Zhuang Yang, Ph.D *
Associate Dean, Beijing
International MBA Program
Francis Petit, Ed.D
Associate Dean for Executive Programs
Judith N Paul, M.B.A
Assistant Dean, Administration and
Senior Director, Marketing,
Communications and Events
Ilze Frierson, M.B.A
Director, Student Services and
Information Systems
Yvette Adeosun, M.S.W
Director, Domestic Enrollment Development
Banu Paksoy, M.B.A
Director, International Enrollment
Development
Katherine Randolph, M.A
Director, International Partnerships
Director, Taxation Program
Ren Raw Chen, Ph.D
Director, Master of Science Programs in Finance
Jean A Howard, M.B.A
Director, Fordham Startups
* Recipient of the Bene Merenti award for
20 years of service to Fordham University
FORDHAM GRADUATE SCHOOL OF BUSINESS ADMINISTRATION
Trang 9fordham GradUaTe
school of bUsiness
adminisTraTion
advisory coUncil
The Fordham Graduate School of Business
Administration is privileged to benefit
from the experience and advice of these
internationally recognized business leaders.
Robert P Ambrosini, GBA ‘81
Executive Vice President & CFO
Bureau of National Affairs, Inc.
Dr Ronald J Anton, S.J
Darcy Antonellis, GBA ’96
President, Technical Operations
Warner Brothers Technical Operations Inc.
Hilal Aytemiz, GBA ’00
Owner
Aytemizler Textile Ind & Trades Co Ltd.
Frank J Branchini, GBA ‘72
William Filonuk Jr., FCRH ’77, GBA ’83
Managing Director, Asset Servicing Bank of New York Mellon Inc.
Sander A Flaum
Principal Flaum Navigators
Barbara M Healy, FCRH ’85, GBA ’93
Managing Director (past) NYSE
Colleen M Jones, GBA ‘88
Senior Vice President, Member Klingenstein Fields & Company LLC
Richard G Ketchum
CEO FINRA
Milton Longobardi Jr., GBA ‘80
Director-Marketing & Vendas Sao Paulo Turismo, S.A.
J Brendan Ryan, FCRH ‘64
Chairman Foote Cone & Belding
Steven Silberstein
Managing Partner Coastal Partners, LLC
Emily L Smith, GBA ’77
Managing Director (retired) Scudder Investments
Athan Stephanopoulos, GBA ‘07
Founder & CEO GorillaSpot Media
Edward M Stroz, GSB ‘79
Co-President Stroz Friedberg, LLC
Edmund D Toben, GBA ’73
CIO (retired) Colgate-Palmolive
Bert Twaalfhoven, FCRH ’52
Founder & President European Forum for Entrepreneurship Research (EFER)
Bharat Wakhlu
Resident Director Tata Services, Ltd.
FORDHAM GRADUATE SCHOOL OF BUSINESS ADMINISTRATION
Trang 10mba ProGram of sTUdy
requirementS for comPletion of the deGree
Completion of a single concentration is 69 credits However, the number
of credits varies if the student is pursuing a second concentration, which
also depends upon the student’s program
ProGram PrerequiSiteS (three courses, nine credits)
BE 6220 Managerial Economics (see page 31)
DG 6810 Mathematical Methods for Business (see page 48)
DG 6820 Statistics (see page 48)
mBa core BuSineSS courSeS (required) (eight courses, 24 credits)
AC 6111 Fundamentals of Accounting (see page 18)
BL 6310 Business Law I (see page 55)
FN 6411 The Financial Environment (see page 32)
(Prerequisite AC 6111)
IS 6910 Management Information Systems (see page 42)
MG 6613 Fundamentals of Management (see page 46)
MG 7660 Business Policy (see page 47)
(Prerequisites all core courses)
MG 7660 Business Policy, the capstone course of the MBA,
should be taken as close to the end of the program as
possible and only after the other core courses have been
completed Because of its integral importance to the
program, this course will not be waived.
areaS of concentration (five courses, 15 credits)
A concentration consists of advanced-level courses from one of six
areas: Accounting, Communication and Media Management, Finance,
Information Systems, Management Systems or Marketing Specific
concentration requirements are set forth in each area description
Breadth electiveS (five courses, 15 credits)
Students must take five advanced-level courses outside their concentration
Advanced-level courses are 7000- or 8000-numbered courses Only two
The requirements of the second concentration are fulfilled by the completion of five courses from one area of concentration (Accounting, Communication and Media Management, Finance, Information Systems, Management Systems or Marketing) and the completion of three breadth electives that are outside the concentrating areas of study, and no more than two from any area There are no free electives
All areas of concentration must be completed within five courses Each concentration has its own requirements, and those requirements must be completed
The total credit requirement without waivers is 72 credits Exception to the rule: Students pursuing a dual concentration in Public Accountancy and Finance need to take four additional Finance courses, for a total of
81 credits, to complete the program
For more information, please contact the Office of Student Services at (212) 636-6104
academic deSiGnationS
In response to the evolution of modern business practice and needs, Fordham’s Graduate School of Business Administration has added new concepts to many courses in electronic business, entrepreneurship, international business and global sustainability This process mirrors the worldwide economic environment, where technology is changing all organizations; where entrepreneurial activity in both new and established companies is a key to business success; where the distinction between international and domestic business is rapidly diminishing; and where business must answer the call to create a future based on a low-carbon sustainable economy
Fordham’s Master of Business Administration Program
provides the knowledge and skills necessary for graduates
to become leaders in business Students acquire a
comprehensive education for the fundamentals of business
through required courses and also develop expertise in a
specific field by concentrating in one or two of six areas:
Accounting, Communication and Media Management,
Finance, Information Systems, Management Systems and
Marketing Each concentration is complemented by advanced
courses in other areas to round out the education The
information, skills and contacts offered in these courses are assets
that culminate in a career-enhancing portfolio of knowledge,
experience and networks Fordham’s MBA programs view business education in the same way that an investor combines
a carefully balanced assortment of financial assets to achieve maximum returns The result is a powerful combination
of knowledge and abilities designed to serve graduates throughout their professional careers Each student receives
an MBA or MS Program of Study sheet, which outlines the specific courses (s)he must complete to earn an MBA
or MS This document, provided by the Office of Student Services, is individualized for each student in consultation with the office’s academic advisors to reflect the student’s personal goals
Trang 11Because the school recognizes that some students seek specific careers
in these areas, it has created four academic designations: International
Business (IB), Electronic Business (EB), Entrepreneurship (ENT) and
Global Sustainability (GS) Students who successfully complete these
designations receive an IB, EB, ENT or GS designation on their transcripts
MBA students may supplement their concentration in the area of the
curriculum with courses relevant to their goals These specialized areas
of study are not concentrations Rather, they present an opportunity to
cluster courses around a designation Students choosing designation
courses must continue to observe concentration and breadth elective
distribution requirements
1 Designation in International Business
The International Business (IB) designation is not a concentration
Moreover, students must continue to observe the distribution
require-ments of the MBA breadth electives when choosing their IB courses
An IB designation is conferred upon MBA graduates who complete five
IB courses (15 credits) among their concentration and elective courses of
the regular MBA program At least one of the IB courses must be in
the concentration and no more than two concentration courses can count
toward this designation
The courses listed below have been designated as IB offerings:
AC 7136 International Accounting
BE 7244 Global Finance (also offered as FN 7455)
BE 7243 Contemporary Issues in Global Finance
(also offered as FN 7458)
BE 7251 International Trade and Development
BL 7322 International Business Law
BL 739C ST*: International Business Ethics
BL 739I ST*: Chinese Business Law
CM 7525 Cross-Cultural Communications and Negotiations
(also offered as MG 7615)
CM 7537 Crisis Communication and Media Strategies
CM 759F ST*: Global Media
FN 7443 Multinational Investment Analysis
FN 7451 Financial Management of Multinational Companies
FN 7455 Global Finance (also offered as BE 7244)
FN 7458 Contemporary Issues in Global Finance
(also offered as BE 7243)
FN 749U ST*: Global Financial Markets
FN 749G Global Capital Markets
IS 7901 E-Business Strategies and Applications
IS 7989 IS in the Transnational Firm
Appropriate MBA Consulting projects and tutorials that are approved inwriting by the professor teaching the course and the appropriate area chair may also be considered IB courses A copy of approval must be provided to
2 Designation in Electronic Business
The Electronic Business (EB) designation requires students to completefive upper-level courses (15 credits) designated as EB courses The five
EB courses must be distributed across at least three functional areasand can be distributed across the concentration and elective areas of theprogram of study
Electronic Business is not a concentration It must be combined with
a single or double concentration in any of the six functional areas andrequires students to meet all regular concentration and breadth electivedistribution requirements
The courses listed below have been designated as EB offerings:
BL 7325 Law of Traditional and New Media (also offered as CM 7556)
CM 7500 Media Systems and Markets
CM 7554 Consumer Adoption of New Media
CM 7556 Law of Traditional and New Media (also offered as BL 7325)
CM 759A ST*: The Music Business
IS 7901 E-Business Strategies and Applications
IS 7905 Web and E-Business Technologies
IS 7941 Communication Networks and Distributed Systems
IS 7945 Business Design Through IT
IS 7924 Mobile Commerce and Applications
MG 7675 Strategic Management of Innovations and TechnologyAppropriate MBA Consulting projects and tutorials that are approved inwriting by the professor teaching the course and the appropriate area chair may also be considered EB courses A copy of approval must be provided
to an academic advisor
We encourage students who pursue this designation to join the Fordham Media and Entertainment Alliance, which was formed to enhance relation-ships between the community and the media and entertainment industry
MBA PROGRAM OF STUDY
Trang 123 Designation in Entrepreneurship and Venture Initiation
The Entrepreneurship and venture Initiation (ENT) designation requires
students to complete five upper-level courses (15 credits) designated
as ENT courses The five ENT courses must be distributed across at least
three functional areas and can be distributed across the concentration
or elective areas of the program of study
Entrepreneurship and venture Initiation is not a concentration It must
be combined with a single or double concentration in any of the six
functional areas and requires students to meet all regular concentration
and breadth elective distribution requirements
The courses listed below have been designated as ENT offerings:
MG 7637 Entrepreneurship and New Business Ventures (required)
The remaining four courses must be taken from the following list:
AC 7184 Individual and Business Entity Taxation
AC 7105 Financial Accounting Theory
AC 7155 Managerial Accounting
BE 7240 Money, Credit and Interest Rates (also offered as FN 7441)
BL 7320 Business Law II
BL 739B ST*: Employment Law
BL 739D ST*: White Collar Crime
CM 7530 Innovation in Media Business Models
CM 7545 Media Strategy Practicum
CM 7560 Communication for Entrepreneurs
CM 759C ST*: Managing Across Media
CM 759U ST*: Media Entrepreneurship
FN 7415 Credit Management
FN 7423 Mergers, Acquisitions and LBOs
FN 7430 Investment Analysis
FN 7441 Money, Credit and Interest Rates (also offered as BE 7240)
FN 7451 Financial Management of Multinational Companies
FN 7470 Real Estate Finance
FN 749X ST*: Investment Banking
FN 749E ST*: Introduction to Technical Analysis
FN 749C ST*: Venture Capital Financing
FN 749B ST*: Investments for Individuals
FN 8405 Deleveraged Finance
FN 8406 Financial Strategy
FN 8414 Modern Financial Analysis and Valuation Techniques
FN 8415 Financial Markets: Concepts, Methods and Trading in Action
IS 7905 Web and E-Business Technologies
IS 7941 Communication Networks and Distributed Systems
MG 7610 Leadership and Change
MG 7673 Strategy Implementation
MK 7792 New Product Development
MK 779B ST*: New Ventures Practicum
Appropriate MBA Consulting projects and tutorials that are approved in
writing by the instructor, the appropriate area chair and the program
director also be considered ENT courses A copy of approval must be
provided to an academic advisor
We encourage students who pursue this designation to join the Fordham
Entrepreneur Society It is an extracurricular organization comprised of
MBA students with the desire to become successful entrepreneurs (for
4 Designation in Global Sustainability
The Global Sustainability (GS) designation requires students to completefive upper-level courses (15 credits) designated as GS courses The GSdesignation is not a concentration Students must fit their GS courseswithin the requirements for the number of concentration and electivecourses, and the distribution of breadth electives
The courses listed below have been designated as GS offerings:
BE 7251 International Trade and Development
BL 739A ST*: Ethics in Business
BL 739C ST*: International Business Ethics
CM 7525 Cross-Cultural Communications and Negotiations (also offered as MG 7615)
CM 7531 Communicating Corporate Image Responsibility
(also offered as MK 7782)
CM 759M ST*: Management and Communication for Global Sustainability: A Foundations Course
(also offered as MG 769X)
FN 7496 Financial Management of Nonprofit Organizations
FN 749J ST*: Sustainability and Finance
IS 7945 Business Design Through Information Technology
MG 7615 Cross-Cultural Communications and Negotiations
(also offered as CM 7525)
MG 7637 Entrepreneurship and New Business Ventures
MG 7673 Strategy Implementation
MG 7677 System Dynamics for Strategic Management
MG 7678 Strategic Management of Global Supply Chains
MG 769A ST*: Leadership for the 21st Century
MG 769J ST*: Social Entrepreneurship
MG 769M ST*: Management and Communication for Global Sustainability: A Foundations Course
(also offered as CM 759M)
MG 76AO ST*: Sustainability Mindset
MG 76AQ ST* Green Marketing and Sustainability (also offered as MK 779W)
MG 76AU ST* Emerging Markets and Sustainability
MG 7642 Global Citizenship: Managing for Business and a Better World
MK 7782 Communicating Corporate Image Responsibility (also offered as CM 7531)
MK 7720 Consumer Behavior
MK 7792 New Product Development
MK 779W ST* Green Marketing and Sustainability (also offered as MG 76AQ)
* ST (Special Topics) courses are offered periodically to permit faculty and students to explore a topic of particular interest The list and course numbers of ST courses are subject to change In addition to these, more designated ST courses can be offered throughout the year In order for these to count for designations, the course descriptions must clearly state that they are.
MBA PROGRAM OF STUDY
Trang 13The following non-GBA courses are considered GS courses If you wish
to take them, it is your responsibility to check availability, apply and get
approval from the appropriate Fordham school You are also encouraged
to consult with the professor and the appropriate GBA area chair prior
to registering to ensure that your background will meet the course
pre-requisites You may take a maximum of two non-GBA courses as part
of your MBA program
BIGA 6533 Ecosystem Ecology
BIGA 6597 Conservation Biology
ECGA 5255 Environmental Economics
ECGA 6450 Microeconomic Development Issues
ECGA 6460 Agriculture and Development
EVGL 0290 Law and Policy of Climate Change
EVGL 0337 Environmental Law
EVGL 0521 Environmental Justice
EVGL 0591 International Environmental Law
EVGL 2990 Sustainable Energy Law and Policy
ITGL 0299 International Trade Law
ITGL 0442 International Human Rights
PEGA 6520 International Law and Development
POGA 6530 Political Economy of Development
POGA 6550 Politics and Petroleum
POGA 6569 Political Economy of Reform
POGA 6640 Politics of Global Economic Relations
PRGL 0363 Urban Land Use
SOGA 5807 Globalization and Its Discontents
SOGA 6500 Population
Note course codes for non-GBA courses:
BIGA Biology, Graduate School of Arts and Sciences
ECGA Economics, Graduate School of Arts and Sciences
EVGL Environmental Law, School of Law
ITGL International Law, School of Law
PEGA International Political Economy and Development,
Graduate School of Arts and Sciences
POGA Political Science, Graduate School of Arts and Sciences
PRGL Property Law, School of Law
SOGA Sociology, Graduate School of Arts and Sciences
Appropriate MBA Consulting projects and tutorials that are approved in
writing by the professor teaching the course and the appropriate area chair
may also be considered GS courses A copy of approval must be provided
to an academic advisor
minimum reSidency requirement
A student must satisfy the minimum residency requirement of 45 credits for the traditional MBA programs If a waiver from the business core and prerequisite courses reduces a student’s program below the 45-credit minimum residency requirement, the student must replace course(s) with upper-level course(s) offered by the school in the same academic area (Note: MG 7660 Business Policy is never waived.)
• JD/MBA Program – 39 credits
• MBA/MSIS Degree – 69 credits
• MS in Accounting – 30 credits
• MS in Business Analytics – 30 credits
• MS in Business Enterprise – 34 credits
• MS in Global Finance – 30 credits
• MS in Investor Relations – 36 credits
• MS in Marketing Intelligence – 36 credits
• MS in Media Entrepreneurship – 30 credits
• MS in Media Management – 30 credits
• MS in Quantitative Finance – 47 credits
• MS in Taxation – 30 credits
• Three-Continent MS in Global Management – 39 credits
WaiverS
1 Waivers Granted Upon Acceptance
Upon acceptance to the Graduate School of Business Administration, a waiver sheet is sent to each student listing those courses from which the student has been automatically waived Waivers may be awarded for the three prerequisite courses and all core courses, with the exception
of Business Policy (MG 7660) All waivers must be awarded before the end
of a student’s first term of enrollment The following criteria are used
to determine one’s eligibility for an automatic waiver upon acceptance.Prior Course Work
A student is waived from a prerequisite or core course if he or she has completed two undergraduate courses or one graduate-level course from
an AACSB-accredited graduate program covering similar content The course must have been completed within the prior six years and a grade
of B or better must have been awarded
Exceptions
Exceptions are granted in three areas:
• Certified Public Accountants receive an automatic waiver from both Fundamentals of Accounting and Business Law I
• Lawyers receive a waiver from Business Law I
• MBA students in the JD/MBA Program are waived from Business Law I
MBA PROGRAM OF STUDY
Trang 142 Waivers Granted Through Examination
If a student feels that he or she has proficiency in a particular subject but
does not have the aforementioned requirements for an automatic waiver,
the student may opt to take the waiver examination Upon passing the
exam, the student will receive a waiver from the respective course Students
are limited to one attempt per exam topic and must take the exam prior to
or during the first term of enrollment Waiver exams are administered
through the Office of Student Services For more information regarding
waiver exams, please visit the Fordham Graduate School of Business
Administration website at www.bnet.fordham.edu or contact the Office of
Student Services at (212) 636-6104 or gbastudents@fordham.edu Please
note that there is a $100 fee for each waiver exam
In some cases, the faculty of an area of the school may determine that
waiver examinations may not serve as a basis for the student to waive
requirements in the curriculum Waivers are made solely at the judgment
and discretion of Fordham Graduate School of Business Administration
and should not be considered an entitlement by entering students
who have completed prior related coursework
CROSS-REGISTRATION WITHIN THE UNIVERSITY
Students may register for courses offered by the Fordham Graduate
Schools of Arts and Sciences, Social Service and Education (for School
of Law, see page 55) Such courses are considered MBA program
electives To register for courses in another Fordham graduate school,
the following steps must be completed:
1 Obtain the appropriate graduate school bulletin with the description
of the desired course The course must incorporate material related to
topics studied in the MBA program
2 Pick up an Intra-registration Form from the Graduate School of
Business and schedule an appointment with an academic adviser at
the Office of Student Services to secure approval A student should
be prepared to justify the course selection and its relationship to
the MBA degree
3 Secure approval from the Dean of the graduate school offering
the course
4 Present the completed Intra-registration Form when registering at
the Graduate School of Business Administration
reGiSterinG outSide fordham univerSity
If a student transfers or moves outside the metropolitan area, a maximum
of 12 credits (four courses) may be taken at another AACSB-accredited
MBA program and transferred back to be applied to the student’s MBA
degree Students must have completed the prerequisites and business
core classes
Approval must be requested in writing to an academic advisor All
requests must include the name of the school and course descriptions
Students are advised to complete this procedure well in advance of the
host school’s registration dates
AUDITS
Under special circumstances, students are permitted to audit a course Written permission from the Associate Dean of Academic Programs is required Audited courses do not carry degree credit and are charged full tuition
CLASSES FOR ALUMNI
Fordham Graduate School of Business Administration alumni are mitted to attend selected classes for a contribution of $100.00 per class Alumni must contact the Office of Student Services at (212) 636-6104
per-or gbastudents@fper-ordham.edu
GRADUATE TUTORIALS
A graduate tutorial is an independent study project conducted under the guidance and supervision of a faculty advisor A request to take
a graduate tutorial will be considered only in the following situations:
1 To pursue a specialized topic independently,
2 When a student is prevented from graduating because a required course is not offered,
3 When special circumstances such as job relocation prevent a student physically from taking classes at Fordham, or
4 When a required course is canceled and no other section of that course is offered
Students interested in pursuing a graduate tutorial should contact the Office of Student Services at (212) 636-6104
COURSE LISTINGS
The following pages list the school’s courses grouped by academic area Special Topics courses (code ends with one or two letters), are offered from time to time to permit faculty and students to explore topics of interest, but are not offered as permanent options in the curriculum The initials preceding course numbers identify them, as follows:
Trang 15accoUnTinG and TaxaTion
mba in PUblic accoUnTancy
ProGram PrerequiSiteS (three courses, nine credits)
BE 6220 Managerial Economics (see page 31)
DG 6810 Mathematical Methods for Business (see page 48)
DG 6820 Statistics (see page 48)
mBa core BuSineSS courSeS (required) (eight courses, 24 credits)
AC 6111 Fundamentals of Accounting (see page 18)
BL 6310 Business Law I (see page 55)
FN 6411 The Financial Environment (see page 32)
(Prerequisite AC 6111)
IS 6910 Management Information Systems (see page 42)
MG 6613 Fundamentals of Management (see page 46)
MG 7660 Business Policy (see page 47)
(Prerequisites all core courses)
MG 7660 Business Policy, the capstone course of the MBA,
should be taken as close to the end of the program as
possible and only after the other core courses have been
completed.Because of its integral importance to the program,
this course will not be waived.
The Master of Business Administration in Public Accountancy Program
combines the breadth of instruction in general business principles
characteristic of the MBA with the common body of knowledge
Students who complete the MBA in Public Accountancy Program are eligible to fulfill the curriculum requirements to sit for the Certified Public Accountant Examination For more specific information with regard to the exam and state licensure requirements (i.e., undergraduate liberal arts and science requirements, public accounting experience), students should visit www.nasba.org
PuBlic accountancy courSeS (eight courses, 24 credits)
AC 7105 Financial Accounting Theory
AC 7120 External Financial Information and Reporting
AC 7130 Advanced External Information and Reporting
AC 7155 Managerial Accounting Analysis
AC 7171 Auditing of Accounting Information Systems I
AC 7176 Auditing of Accounting Information Systems II
AC 7184 Individual and Business Entity Taxation
One of the following advanced-level Accounting courses:
AC 7125 Financial Statement Analysis
One advanced-level Finance course.
One of the following advanced-level Accounting/Taxation courses:
TX 7010 Federal Research and Procedure
AC 7811 Accounting Internship
TX 7811 Taxation Internship
area chair: stephen h bryan, professor
The Accounting and Taxation area provides coursework to
develop sophisticated usage of accounting information, as well
as expertise in taxation The area offers courses leading to
the Master of Business Administration in Public Accountancy,
Master of Science in Taxation, a combined-degree program,
MBA in Public Accounting and MS in Taxation (MTA),
Master of Science in Accounting, as well as a concentration in
Accounting These programs are described below
The three major thrusts of the Accounting curriculum include: financial accounting courses that provide an understanding of U.S Generally Accepted Accounting Principles (GAAP) and International Accounting Standards in order to develop skills
in financial statement preparation and analysis; taxation courses that focus on tax research and compliance; and audit courses that address auditing from financial statement, information technology, ethics and compliance perspectives
Trang 16ms in TaxaTion
The Master of Science in Taxation is a 10-course, 30-credit program,
comprised of seven required tax courses and three taxation electives
This program is designed for professional accountants, attorneys
and business professionals who wish to acquire expertise in taxation
and obtain a graduate degree in the field
This program can also supplement an undergraduate degree in Public
Accounting to meet the 150-credit-hour educational requirement for
the New York State CPA examination However, since undergraduate
accounting programs vary greatly across the country and the world,
students should visit www.nasba.org in order to determine whether this
program in conjunction with the baccalaureate degree in accounting
would qualify them for the New York State CPA examination There is a
minimum residency requirement of 30 credits (10 courses)
PrerequiSiteS (6 credits)
AC 7184 Individual and Business Entity Tax (3 credits)
MS 809A Advanced Presentations and Public Speaking (1.5 credits)
MS 809B Advanced Corporate Communications for Accounting and
Taxation Professionals (1.5 credits)
required courSeS (seven courses, 21 credits)
TX 7045 International Corporate Taxation
TX 7065 Current Law and Regulation Changes in Taxation
taxation electiveS (three courses, 9 credits)
These electives can be any tax course offered in addition to the required
courses or any advanced-level accounting course except for AC 6111
Fundamentals of Accounting, AC 7105 Financial Accounting and AC 7184
Individual and Business Entity Taxation
SuPPlemental courSeWork/PrerequiSiteS
Based on feedback from tax partners and executives, as well as alumni,
we have added prerequisites to the MS in Taxation curriculum, as follows
1 Candidates who have not had any professional training or academic
coursework using basic U.S tax concepts, (i.e., have not taken a U.S
Internal Revenue Code (IRC)-based course in their undergraduate
studies), are required to take:
AC 7184 Individual and Business Entity Taxation (3 credits)
2 Candidates whose native language is not English and who have not
completed the full four years of an undergraduate program in the U.S
or U.K are required to take:
MS 809A Advanced Presentations and Public Speaking (1.5 credits)
MS 809B Advanced Corporate Communications for Accounting and
Taxation Professionals (1.5 credits)
Individual and Business Entity Taxation and both 1.5-credit courses should
be taken during the first semester Although this increases the number of credits and courses required for the MS degree, these courses add significant value
For students who are required to take the Individual and Business Entity Taxation class, the program is 33 credits
For students who are required to take the two advanced communications mini-courses, the program is 33 credits
For students who are required to take Individual and Business Entity Taxation and the two advanced communications mini-courses, the program is 36 credits
mba in PUblic accoUnTancy and
ms in TaxaTion (mTa)ProGram PrerequiSiteS (three courses, nine credits)
BE 6220 Managerial Economics (see page 31)
DG 6810 Mathematical Methods for Business (see page 48)
DG 6820 Statistics (see page 48)
mBa core BuSineSS courSeS (required) (eight courses, 24 credits)
AC 6111 Fundamentals of Accounting (see page 18)
BL 6310 Business Law I (see page 55)
FN 6411 The Financial Environment (see page 32)
(Prerequisite AC 6111)
IS 6910 Management Information Systems (see page 42)
MG 6613 Fundamentals of Management (see page 46)
MG 7660 Business Policy (see page 47)
(Prerequisites all core courses)
MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed.Because of its integral importance to the program, this course will not be waived.
The MBA in Public Accountancy and MS in Taxation Program is a unique dual-degree program Its long-term goal is to develop broadly educated executives whose expertise in taxation and accounting opens a path to executive positions and provides a unique perspective to analyze important business problems and issues Short term, the program is intended to meet the exceptional demand from accounting firms, financial institutions and multinational corporations for tax professionals with upper-management potential The first component of the program combines the breadth of instruction in general business principles characteristic of the MBA with the common body of knowledge recom-mended by the American Institute of Certified Public Accountants The second component provides comprehensive education and technical expertise in the field of taxation
ACCOUNTING AND TAXATION
Trang 17The MTA is an intensive program with selective enrollment It consists
of 99 credits and is intended for both business and liberal arts graduates
Individuals with previous business education or experience may benefit
from the program’s credit waiver policy, which reduces the number of
credit requirements
Students who complete the MTA Program are eligible to fulfill the curricu-
lum requirements to sit for the New York State Certified Public Accountant
Examination For more specific information with regard to the exam
and state licensure requirements (i.e., undergraduate liberal arts and
science requirements, public accounting experience), students should visit
www.nasba.org
concentration courSeS
Accounting (seven courses, 21 credits)
AC 7105 Financial Accounting Theory
AC 7120 External Financial Information and Reporting
AC 7130 Advanced External Information and Reporting
AC 7155 Managerial Accounting Analysis
AC 7171 Auditing of Accounting Information Systems I
AC 7176 Auditing of Accounting Information Systems II
AC 7184 Individual and Business Entity Taxation
Taxation (10 courses, 30 credits)
TX 7045 International Corporate Taxation
TX 7065 Current Law and Regulation Changes in Taxation
taxation electiveS
The student selects three additional courses from the Taxation area
Certain required and advanced-level courses have prescribed
prerequisites that must be met One of the three may be TX 7811
Taxation Internship
Breadth courSeS (five courses, 15 credits)
BE 7230 Macroeconomics
BL 7320 Business Law II
FN 7421 Principles of Modern Finance
MS 7810 MBA Consulting Program
One of the following:
AC 7125 Financial Statement Analysis
AC 7136 International Accounting
mba in accoUnTinGProGram PrerequiSiteS (three courses, nine credits)
BE 6220 Managerial Economics (see page 31)
DG 6810 Mathematical Methods for Business (see page 48)
DG 6820 Statistics (see page 48)
mBa core BuSineSS courSeS (required) (eight courses, 24 credits)
AC 6111 Fundamentals of Accounting (see page 18)
BL 6310 Business Law I (see page 55)
FN 6411 The Financial Environment (see page 32)
(Prerequisite AC 6111)
IS 6910 Management Information Systems (see page 42)
MG 6613 Fundamentals of Management (see page 46)
MG 7660 Business Policy (see page 47)
(Prerequisites all core courses)
MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed.Because of its integral importance to the program, this course will not be waived.
concentration in accountinG (five courses, 15 credits)
A concentration consists of five advanced-level courses from the Accounting and Taxation area The following is a suggested course selection for those seeking careers in financial management:
AC 7105 Financial Accounting Theory
AC 7125 Financial Statement Analysis
AC 7128 Advanced Financial Statement Analysis
AC 7136 International Accounting
AC 7155 Managerial Accounting Analysis Other five-course combinations may be suitable for those seeking other careers, such as marketing management, internal audit or management consulting
ACCOUNTING AND TAXATION
Trang 18concentration in PerSonal financial PlanninG
Due to the growing intricacy of financial planning, students considering
a career with financial institutions offering financial planning services
or in private counseling of individuals may choose the personal financial
planning specialization This is a dual concentration in Accounting
and Finance that requires five courses in each area Students completing
the personal financial planning concentration will receive the personal
financial planning concentration on their official transcripts
The five Accounting and Taxation courses required are:
AC 7184 Individual and Business Entity Taxation
TX 7025 Tax Planning for High Net-Worth Individuals
TX 7056 Taxation of Executive Compensation, Employee
Benefits and Retirement Plans
TX 7078 Preserving Wealth with Estate Planning
TX 709B Special Topics in Taxation (Life Cycle Case Studies)
Suggestions for the five-course Finance component are:
FN 7421 Principles of Modern Finance
FN 7430 Investment Analysis
FN 7431 Options and Futures Markets
FN 7460 Portfolio Management
FN 7470 Real Estate Finance
Students may also consider taking two free electives from either Finance
and/or Accounting/Taxation or Special Topics offerings
These courses provide a student with concepts and situations encountered
in examinations for personal financial specialists and planners In addition
to coursework, it is essential that students planning careers in financial
counseling be aware of the importance of obtaining certification For more
information, visit the Certified Financial Planner Board of Standards, Inc
website at www.CFP.net
ms in accoUnTinG
The Master of Science in Accounting is a 10-course, 30-credit* program intended for students with baccalaureate degrees in Public Accounting Generally, this program is designed to meet the 150-credit-hour educational requirement for the New York State (NYS) CPA examination However, since undergraduate accounting programs vary greatly across the country and the world, students should visit www.nasba.org in order to determine whether this program, in conjunction with the baccalaureate degree in accounting, would qualify them to sit for the New York State CPA examina-tion There is a minimum residency requirement of 30 credits (10 courses)
PrerequiSiteS* (6 credits)
AC 7184 Individual and Business Entity Tax (3 credits)
MS 809A Advanced Presentations and Public Speaking (1.5 credits)
MS 809B Advanced Corporate Communications for Accounting and
Taxation Professionals (1.5 credits)
required accountinG and taxation courSeS
(six courses, 18 credits)
AC 7125 Financial Statement Analysis
AC 7136 International Accounting
AC 7160 Internal Reporting and Control
AC 7176 Auditing of Accounting Systems II
TX 7001 Corporate Taxation
TX 7010 Federal Research and Procedure
accountinG/taxation electiveS (three courses, 9 credits)
These electives can be any advanced-level accounting or tax courses offered in addition to the required courses except for AC 6111 Fundamen-tals of Accounting, AC 7105 Financial Accounting and AC 7184 Business and Individual Entity Taxation
BuSineSS elective (one course, 3 credits)
Recommendations for the advanced-level business elective are:
BE 7230 Macroeconomics
BL 7320 Business Law II
FN 7421 Principles of Modern Finance
ACCOUNTING AND TAXATION
Trang 19*SuPPlemental courSeWork/PrerequiSteS
Based on feedback from accounting partners and executives,
as well as alumni, we have added prerequisites to the MS in Accounting
curriculum, as follows
1 Candidates who have not had any professional training or academic
coursework using basic U.S tax concepts (i.e., have not taken a U.S
Internal Revenue (IRC)-based tax course in their undergraduate studies)
are required to take:
AC 7184 Individual and Business Entity Taxation (3 credits)
2 Candidates whose native language is not English and who have not
completed the full four years of an undergraduate program in the U.S
or U.K are required to take:
MS 809A Advanced Presentations and Public Speaking (1.5 credits)
MS 809B Advanced Corporate Communications for Accounting and
Taxation Professionals (1.5 credits)
Individual and Business Entity Taxation and both 1.5-credit courses are
required to be taken during the first semester Although this increases the
number of credits and courses required for the MS degree, these courses
add significant value
For students who are required to take the Individual and Business Entity
Taxation class, the program is 33 credits
For students who are required to take the two advanced communications
mini-courses, the program is 33 credits
For students who are required to take Individual and Business Entity
Taxation and the two advanced communications mini-courses, the
program is 36 credits
accounting courses
Each course carries three (3) credits unless otherwise indicated.
AC 6111 Fundamentals of Accounting (MBA REQUIRED COURSE)
This core course in accounting is required of all GBA students in every concentration Provides insights into how accounting information can be used by investors and creditors to measure the results of business operations Students requiring more in-depth accounting knowledge can select electives in financial and/or managerial accounting as their advisors suggest
AC 7105 Financial Accounting Theory Develops the ability to analyze and interpret financial statements and studies the effects of alternative accounting standards and practices
on income statements, balance sheets and statements of cash flows
PREREQUISITE: AC 6111
ENTREPRENEURSHIP COURSE.
AC 7120 External Financial Information and Reporting Focuses on the theory and techniques utilized in corporate financial reporting Examines the standards and pronouncements of the Financial Accounting Standards Board (FASB) and the Securities and Exchange Commission (SEC) with regard to their impact on financial statements Emphasizes the analysis and understanding of financial reports rather than the mechanics of their construction Designed primarily, but not exclusively, for students in the public accounting programs
PREREQUISITE: AC 7105 AND FN 6411
AC 7125 Financial Statement Analysis Gives students in the general MBA program a better understanding of financial statements and the information they communicate on the operating, investing and financing activities of corporations Focuses on the impact
of financial accounting principles, disclosure standards and alternative accounting practices on financial reports Examines and evaluates traditional and non-traditional methods of financial statement analysis
PREREQUISITE: AC 7105 AND FN 6411
AC 7128 Advanced Financial Statement Analysis Augments the concepts taught in AC 7125 Also introduces state-of-the-art tools based on modern financial theory for analyzing financial reports Topics may include: off-balance-sheet financing; damage assessment and litigation regarding misrepresentation; new reporting standards; and international accounting standards and consolidation issues
PREREQUISITE: AC 7125.
ACCOUNTING AND TAXATION COURSE LISTINGS
Trang 20AC 7136 International Accounting
Provides students with an understanding of accounting problems and
issues encountered by multinational corporations (MNCs) operating
in an international environment Most businesses today, large and small,
have customers or clients throughout the world Covers the general
problems facing MNCs, to prepare students to interpret financial
statements of MNCs
PREREQUISITE: AC 6111
INTERNATIONAL BUSINESS COURSE
AC 7140 Contemporary Issues in Financial Reporting
Familiarizes students with the process of developing Generally Accepted
Accounting Principles (GAAP) Covers the Financial Accounting Standards
Board (FASB) and its interaction with the Securities and Exchange
Commis-sion (SEC) Analyzes current financial reporting issues being addressed by
the FASB and the impact that alternative solutions could have on reported
financial results Includes a discussion of various international accounting
standard-setting bodies and their roles in financial reporting, domestically
and abroad
PREREQUISITE: AC 7120 OR AC 7125
AC 7155 Managerial Accounting Analysis
Focuses on product and service cost determination and using cost
analysis in management decision-making, control and performance
evaluation Oriented toward the manager as a user and interpreter of
accounting information Includes case analysis and problem-solving
PREREQUISITE: AC 6111
ENTREPRENEURSHIP COURSE.
AC 7160 Internal Reporting and Control
Provides students with an understanding of IT internal controls, including
the IT audit function as it relates to Sarbanes Oxley Emphasizes the
identification of information technology control weaknesses as well as their
impact on risk management
PREREQUISITE: AC 7171
AC 7171 Auditing of Accounting Systems I
Familiarizes students with the audit procedures required under
Generally Accepted Auditing Standards (GAAS) Among the topics
covered are audit planning, evaluating internal control, auditing
transaction cycles and audit reports Directed toward students in the
public accounting programs who plan to take the Uniform Certified
Public Accountant examination
PREREQUISITE: AC 7120
AC 7176 Auditing of Accounting Systems II Focuses on audit-testing techniques and the current auditing environment Audit-testing techniques include statistical sampling and analytical procedures Also includes recent trends in audit litigation, IRS uses of statistical methods and forensic techniques Conducted as a seminar, students work individually and in groups on case studies and a term paper Oral and written presentations are required
PREREQUISITE: AC 7171.
AC 7180 Accounting Research Seminar Designed to develop research skills, with references to both accounting and professional journals There is an oral and written research assignment required Five assignments are required; each contains a presentation and research component Two focus on professionalism and responsibility in the accounting profession
PREREQUISITE: AC 6111
ENTREPRENEURSHIP COURSE
AC 71XX Special Topics in Accounting Offered from time to time to permit faculty and students to explore an accounting topic of particular interest Specific topics and prerequisites are announced when the course is offered Some examples of Special Topics in Accounting are Taxation for Finance and Issues in Accounting
Taxation courses
Each course carries three (3) credits unless otherwise indicated
TX 7001 Corporate Taxation Studies Federal income tax laws that apply to the formation, operation, dissolution and liquidation of corporations Focuses on the tax impact of various financial transactions upon the corporation, as well as on the shareholders Covers issues of distributions and redemptions, accumu-lated earnings tax and personal holding companies Discusses multiple corporations, earnings and profits, book-to-tax adjustments and the alternative minimum tax Emphasizes S corporations and other ways of mitigating double taxation Includes a brief view of corporate acquisitions and reorganizations
PREREQUISITE: AC 7184
TX 7005 Planning and Design with Tax Deferred Property Transactions Focuses on the basics of exchanges and section 1031 like/kind exchanges The emphasis is on the entire exchange process, covering areas such as converting a sale to an exchange, basic tax calculations, safe harbor rules, reverse exchanges and installment sales
PREREQUISITE: TX 7015
ACCOUNTING AND TAXATION COURSE LISTINGS
Trang 21TX 7010 Federal Research and Procedure
Concentrates, during the first part of the course, on the skills needed to
research and answer tax questions Then focuses on the procedures
to resolve disagreements — both pre-and post-audit — with the Internal
Revenue Service
PREREQUISITE: AC 7184
TX 7012 Tax Planning and Design for Family Wealth Transfers
Examines planning and design of techniques for transferring wealth from
one generation of family members to another Emphasizes the gifts, sales,
leases, loans and other arrangements between family members that when
used carefully and wisely, preserve a family’s total wealth Examines those
types of lifetime transfers that most effectively preserve a family’s wealth
from taxation and accomplish important non-tax family objectives
PREREQUISITE: TX 7025
TX 7015 Partnerships
Analyzes the uses, formation, operation and termination of partnerships
Topics include the “substantial-economic-effect doctrine,” distributions,
sale and exchange of interest, partnership termination, liquidation and
disproportionate distributions and limited partnerships and their use as
tax shelters
PREREQUISITE: TX 7001
TX 7020 Estate and Gift Taxes
Emphasizes the relationship of estate and gift taxes to the income tax
Explores the philosophy underlying Federal policy toward the three taxes
and the issue of transferring assets Introduces basic elements of estate
planning, such as trusts, annuities, joint interests and life insurance
PREREQUISITE: AC 7184.
TX 7025 Tax Planning for High Net-Worth Individuals
Focuses on the practical aspects of taxing wealthy individuals Reviews
general income-tax planning for wealthy individuals; dealing with
passive activities (tax shelters); the use and limitations of qualified plans;
investment planning (debt versus equity, timeframe, asset allocation);
life, disability and liability insurance exposures; retirement planning;
and estate planning
PREREQUISITE: AC 7184
TX 7030 Corporate Tax-Planning Strategies Offers an in-depth study of Subchapter C of the Internal Revenue Code: the complicated rules governing organization, reorganization and liquidation
of corporations Explores such topics as leveraged buyouts, corporate takeovers and personal holding companies Provides the groundwork essential for corporate tax planning and the analysis of mergers and acquisitions
PREREQUISITE: TX 7001
TX 7035 Federal Taxation of Financial Instruments and Transactions The growth in the number and variety of financial products and transactions has increased exponentially New financial products have been designed and marketed to fulfill a variety of financial needs and goals The major challenge from a tax law perspective has been to keep pace with the constant stream of emerging products The course focuses on the Federal taxation of financial instruments and transactions, explains the myriad and complex rules that govern various financial instruments and transactions and analyzes recent developments in tax law
PREREQUISITE: TX 7065
TX 7041 Research Project Offers an opportunity to research a topic in taxation agreed to by the professor and the student The research is focused on both academic and legal references and may be integrated with current or anticipated tax practice A written research paper and an oral presentation are required
PREREQUISITE: TX 7001, TX 7010, TX 7065 RECOMMENDED
TX 7045 International Corporate Taxation Introduces the complexities of international taxation by focusing on the U.S tax system’s impact on U.S companies investing or operating abroad and
on foreign companies investing or operating in the U.S Topics include tax treaties, foreign tax credits and controlled foreign operations
PREREQUISITE: TX 7001, TX 7010, TX 7010 RECOMMENDED
TX 7048 Taxation Planning with Trusts Analyzes and evaluates many creative and current planning uses of irrevocable and revocable trusts, grantor trusts, testamentary trusts, trusts for minors, dynasty trusts, life insurance trusts and corporate trusts
PREREQUISITE: TX 7020
TX 7050 State and Local Taxes Discusses the basic elements of state and local taxes, and surveys the distinctive tax characteristics of major business states, such as New York, New Jersey, Illinois and California
PREREQUISITE: TX 7001
ACCOUNTING AND TAXATION COURSE LISTINGS
Trang 22TX 7056 Taxation of Executive Compensation, Employee Benefits
and Retirement Plans
Covers the tax consequences and various strategies relating to
the design and implementation of executive compensation programs
including stock options, restricted stock, stock appreciation rights,
phantom stock and golden parachutes; employee benefit plans, including
health care, disability, life insurance, educational assistance, dependent
care and cafeteria and flexible spending plans; and retirement plans,
including qualified pension, profit-sharing and stock bonus plans, as well
as non-qualified supplemental executive retirement plans (SERPS),
top hat plans and excess benefit plans
PREREQUISITE: AC 7184
TX 7058 Tax Planning for Business Purchase, Sale and Gift
Explores the critical planning areas when deciding to buy, sell or gift
business interest Examines the entrance and exit strategies available to
closely held business owners Emphasis is on business planning tools
utilizing buy/sell agreements, partnership liquidation agreements,
installment sales, SCINS, family limited partnerships, preferred/common
recapitalization, entity splits and structuring a business for purchase or sale
PREREQUISITE: TX 7001
TX 7065 Current Law and Regulation Changes in Taxation
Analyzes the major provisions of new Federal tax legislation, case ruling
and regulations and examines their impact on individual taxpayers,
businesses, investments, retirement plans, estates, trusts and practices
and procedures Uses the current legislative changes to keep up with the
constantly changing tax environment
PREREQUISITES: TX 7001.
TX 7070 Estate and Financial Planning Techniques of Charitable Giving
Analyzes the planning strategies and vehicles that planners use to
integrate individual and charitable planning goals The areas of focus are:
charitable split interest trusts, private foundations, conservation easement,
pooled income funds and other means to accomplish overall effective
charitable tax planning These techniques provide specific tax savings for
income, gift and estate taxes, as well as creating an income stream to
the individual for cash-flow purposes
PREREQUISITE: TX 7025
TX 7076 Tax Accounting Focuses on situations where government rules required to compute tax liability differ from those permitted by the accounting profession to reflect the financial condition of a business Studies the effects of different accounting methods on cashflow and reported earnings and explores their implications for financial decision-making Topics include depreciation methods, inventory methods, income-recognition and changes in accounting periods
PREREQUISITE: TX 7001
TX 7078 Preserving Wealth with Estate Planning Provides a complete foundation for estate planning and analysis: the role of the estate planner and the selection and appointment of fiduciaries; marital deductions and will planning; life insurance in the estate; the use and taxation of trusts; recent changes in estate tax law; and special-situation planning for corporate executives, closely held business owners and partners
PREREQUISITE: TX 7025
TX 7085 Foreign Taxation Introduces the tax systems of major foreign countries from two standpoints: taxation of U.S companies investing or operating in foreign countries and taxation of foreign enterprises investing or operating in the U.S Extends concepts discussed in TX 7045 International Corporate Taxation
PERMISSION OF INSTRUCTOR REQUIRED.
ACCOUNTING AND TAXATION COURSE LISTINGS
Trang 23commUnicaTion and media manaGemenT
area chair: john a fortunato, professor
The Master of Business Administration in Communication
and Media Management Program consists of 69 credits A
Master of Science Program in Media Management, consisting
of 39 credits, is also offered (see page 23), as is a Master of
Science Program in Media Entrepreneurship consisting of
36 credits (see page 24) The Communication and Media
Management concentration is one of the first of its kind in a
business school The concentration is designed for students
pursuing careers in the communication, information, media
and entertainment industries
It is also intended to provide a thorough grounding in all facets of organizational communication for professionals in all business fields The Communication and Media Management faculty includes leading scholars and industry professionals who bring cutting-edge research and experiences to the classroom Programs sponsored by the Fordham Center for Communications bring prominent communications and media figures to campus for special lectures and symposia.
mba in commUnicaTion and
media manaGemenT
ProGram PrerequiSiteS (three courses, 9 credits)
BE 6220 Managerial Economics (see page 31)
DG 6810 Mathematical Methods for Business (see page 48)
DG 6820 Statistics (see page 48)
mBa core BuSineSS courSeS (required) (eight courses, 24 credits)
AC 6111 Fundamentals of Accounting (see page 18)
BL 6310 Business Law I (see page 55)
FN 6411 The Financial Environment (see page 32)
(Prerequisite AC 6111)
IS 6910 Management Information Systems (see page 42)
MG 6613 Fundamentals of Management (see page 46)
MG 7660 Business Policy (see page 47)
(Prerequisites all core courses)
MG 7660 Business Policy, the capstone course of the MBA,
should be taken as close to the end of the program as
possible and only after the other core courses have been
completed Because of its integral importance to the
program, this course will not be waived.
concentration (five courses, 15 credits)
Students typically organize their coursework along two recommended tracks: (1) Media Management; or (2) Organizational Communication All students take the required course, CM 7500 Media Systems and Markets, and four additional courses Those wishing to further customize their programs need approval from their adviser and the area chair
1 Media Management
CM 7500 Media Systems and Markets
Plus four of the following:
CM 7530 Innovation in Media Business Models
CM 7540 Intensive Sector Analysis (rotating topics)
CM 7545 Media Strategy Practicum
CM 7554 Consumer Adoption of New Media
CM 7556 New Media and Communication Law
CM 7563 Ethics and Social Responsibility in Media Enterprises
CM 7564 Search: Strategic, Economic and Policy Perspectives
CM 7565 Audience Metrics and Analytics
CM 75XX Special Topics in Communication and Media Management
(e.g., Social Media, Sports Media and Promotional Communications, Economics of Media Industries)
2 Organizational Communication
CM 7500 Media Systems and Markets
Plus four of the following:
CM 7531 Communicating Corporate Image and Responsibility
CM 7533 Persuasion in Public Relations
CM 7534 Leadership with Public Relations
Trang 24ms in media manaGemenT
The Master of Science in Media Management is a 39-credit program
This program is designed specifically to meet the professional needs of:
• Individuals currently working in the media and entertainment
industries, especially those in creative and content areas who need
additional, high-level professional training in business administration
and in media management
• Business and other professionals interested in specialized work
in the media and entertainment industries
• Managers working in the diverse financial services sector who are
interested in obtaining an extensive understanding of the media
and entertainment industries
• College graduates interested in securing comprehensive
professional training prior to embarking on careers in the media
and entertainment industries
The media and entertainment industries require educated managers
and leaders with extensive business expertise and competence
Increas-ingly, these industries are converging, and key industry leaders have
expressed a need for individuals with both business and economic
proficiencies, as well as knowledge of specific characteristics, practices
and nuances of media industries, ranging from book, magazine and
newspaper publishing to electronic and digital media The ability of
individuals attracted to these industries (often from content, editorial or
marketing backgrounds) to navigate the new market-oriented
environ-ment is severely limited by a lack of specific training in media manageenviron-ment
While many such individuals do not wish to pursue a traditional MBA
degree, they do need additional knowledge and skills that are offered
distinctively in a graduate business school environment This program was
designed to provide a core of substantive graduate business administration
courses incorporating the common body of knowledge required by
the AACSB International, the Association to Advance Collegiate Schools
of Business (of which Fordham is an accredited member), to individuals
seeking advanced training at a business school
Students with prior academic training in business administration may have
some or all of the prerequisites waived
ProGram PrerequiSiteS (three courses, 9 credits)
• Managerial Economics (microeconomics; equivalent of BE 6220)
• Mathematical Methods for Business (equivalent of DG 6810)
• Statistics (equivalent of DG 6820)
required core courSeS (four courses, 12 credits)
CM 7500 Media Systems and Markets
CM XXXX Special Topics in Communications and Media Management
MG 6613 Fundamentals of Management
MK 6710 Marketing Management
Plus four courses in the student’s area of concentration
media manaGement courSeS (four courses, 12 credits)
CM 7530 Innovation in Media Business Models
CM 7531 Communicating Corporate Image and Responsibility
CM 7534 Leadership with Public Relations
CM 7537 Crisis Communication and Media Strategies
CM 7540 Intensive Sector Analysis (rotating topics)
CM 7545 Media Strategy Practicum
CM 7554 Consumer Adoption of New Media
CM 7556 Law of Traditional and New Media
(also offered as BL 7325)
CM 7563 Ethics and Social Responsibility in Media Enterprises
CM 7564 Search: Strategic, Economic and Policy Perspectives
CM 7565 Audience Metrics and Analytics
CM 75XX Special Topics in Communication and Media Management
(e.g., Social Media, Sports Media and Promotional Communication, Economics of Media Industries)
electiveS (two courses, six credits)
AC 7105 Financial Accounting Theory
BL 7322 International Business Law
FN 7421 Principles of Modern Finance
IS 7901 E-Business Strategies and Applications
MG 7600 Anatomy of Decisions
MG 7610 Leadership and Change
MG 7635 International Dimensions of Business
Trang 25ms in media enTrePreneUrshiP
The Masters of Science in Media Entrepreneurship is a 36-credit program
The nature of the contemporary media environment is such that new
media technologies and platforms possess significantly lower barriers to
entry than did traditional media platforms Thus, the entrepreneurial
opportunities today are quite varied, encompassing areas such as mobile
applications, Web platforms and content provision across various media
technologies (often with opportunities to circumvent traditional media
gatekeepers) In addition, the range of business models than can be
employed to monetize virtually all forms of media content are diversifying,
creating further opportunities for entrepreneurs to take advantage of the
reconfiguring dynamics of the contemporary media environment
This program provides students with an interest in developing and
launching new media ventures by drawing from multiple areas of the
Graduate School of Business Administration that will, in combination, help
students to develop the necessary knowledge base and skill sets to
successfully develop, finance, market and launch new media enterprises
Ideally, the students who come to this program already possess the
relevant technical or creative skill sets to develop a new media enterprise,
but are seeking the relevant business training, tailored to the unique
dynamics of the media sector, to move an idea forward into the
market-place The program is also designed to serve as an incubator for new
ideas and enterprises, by emphasizing the integration of the academic
curriculum with project-based courses and by emphasizing opportunities
for interaction with relevant professionals in this field The program
draws upon the tremendous resources of New York City, which is one of
the most vibrant areas of the country – and the world – in terms of the
development of new media platforms, services and content
The MS in Media Entrepreneurship is a 12-month, cohort-based program
that runs from September through August
Students may waive up to six credits depending on prior coursework at an
accredited institution
fall term
ME 7530 Innovation in Media Business Models
ME 7545 Media Strategy Practicum
ME 7560 Communication for Entrepreneurs
ME 7637 Entrepreneurship and New Business Ventures
SPrinG term
ME 7561 New Media Product Development Practicum I
ME 7563 Ethics and Social Responsibility in Media Enterprises
ME 7792 New Product Development
elective
IS 7905 Project Management
BL 7321 Corporate and Securities Law or
BL 7390 Contemporary Legal Issues in Business Organizations or
CM 7564 Search: Strategic, Economic and Policy Perspectives
CM 7565 Audience Metrics and Analytics
CM 75XX Special Topics in Communication and Media Management
(e.g., Social Media)
Summer term
ME 7554 Consumer Adoption of New Media
ME 7556 Law of Traditional and New Media
ME 7562 New Media Product Development Practicum II
elective
IS 7905 Project Management
BL 7320 Securities Law or
BL 7390 Contemporary Legal Issues in Business Organizations
CM 7564 Search: Strategic, Economic and Policy Perspectives
CM 7565 Audience Metrics and Analytics
CM 75XX Special Topics in Communication and Media Management
(e.g., Social Media)
COMMUNICATION AND MEDIA MANAGEMENT
Trang 26communications courses
Each course carries three (3) credits unless otherwise indicated.
CM 7500 Media Systems and Markets
Introduces students to all of the key elements that constitute contemporary
media systems and to the key stakeholders in—and evolving dynamics
of—contemporary media markets Includes comparative analyses of
international media systems and the economic, technological and
regulatory parameters under which they operate Also provides historical,
economic and technological perspectives on the evolution of media
systems and markets
ELECTRONIC BUSINESS COURSE.
CM 7525 Cross-Cultural Communications and Negotiations
Explores how cultural differences and international settings affect business
communication and negotiation — key skills for managers who seek to get
solutions accepted and implemented The dimension of culture is used to
increase the student-managers’ self-awareness and reflection and to build
flexibility in their conceptual understandings and skills Emphasizes specific
strategies, styles and techniques that help the negotiator/communicator
ALSO OFFERED AS MG 7615
GLOBAL SUSTAINABILITY COURSE.
INTERNATIONAL BUSINESS COURSE.
CM 7528 Communication, Negotiation and Conflict Resolution
Negotiation and conflict resolution are part of the everyday life of
managers, yet few managers know how to approach negotiation and
conflict resolution in systematic ways Develops students’ appreciation of
different negotiation models and exposes them to game theory and
cognitive theory approaches Applying these concepts will help students
to enhance organizational and personal effectiveness, make better deals,
improve working relationships and break through stalemates and
dead-locks Selected readings will be supplemented by hands-on exercises in a
highly interactive learning environment Concepts and exercises increase
in sophistication and complexity as the course progresses Appropriate
for both those new to negotiation and conflict resolution and those with
prior experience
CM 7530 Innovation in Media Business Models
Examines the factors that have contributed to the emergence,
institutional-ization and decline of traditional media business models, and explores,
assesses, and critiques the wide range of new and innovative business
models that are emerging in the contemporary media environment
Students will draw upon these analyses to develop new business models or
innovative variants of existing business models for discussion and critique
ENTREPRENEURSHIIP COURSE.
CM 7531 Communicating Corporate Image and Responsibility
Demonstrates the value of pragmatic public relations activities through
basic principles, case studies and guest speakers Examines how inept
communications and resulting public perceptions can create or deepen
corporate crises Stresses criteria for selecting outside counsel, establishing
relationships with the media and communicating with employees and
stockholders
ALSO OFFERED AS MK 7782.
GLOBAL SUSTAINABILITY COURSE.
CM 7533 Persuasion in Public RelationsFocuses on insights and skills necessary to persuade individuals and groups, including techniques for discerning and influencing public opinion Students hone individual persuasive skills, drawing on insights from social psychology and motivation research and work on practical business situations, from conveying a CEO’s vision for a firm to providing a credible response to a communications problem
CM 7534 Leadership with Public RelationsExamines the use of public relations strategies to replace or augment more traditional communications efforts Agency publicists and company representatives discuss this trend Case studies illustrate how techniques such as video press releases, expert spokespeople and inventive news pegs are used as part of an overall communications plan
CM 7537 Crisis Communication and Media StrategiesIntroduces students to both the theoretical conceptualization and the practice of the dynamic field of public relations and crisis management Students will understand where the public relations function fits into the strategic management and decision-making of an organization during a crisis situation Possible remedies for crisis situations will be examined with
an understanding of best strategies for specific situations, using both traditional and new media This course is examined through theoretical and practical means and applied to current events and people affecting the world today
INTERNATIONAL BUSINESS COURSE
CM 7540 Intensive Sector AnalysisThis course has a rotating focus each semester that it is offered; but in each instance will involve an intensive focus on a single industry sector Specific sectors that will be the subject of semester-long intensive analysis include the television industry, the music industry, and the motion picture industry Students will apply the analytical skills and conceptual understandings developed in other courses in the curriculum to achieving a detailed understanding of the challenges and opportunities facing an individual media sector Students will also gain a detailed understanding of the history, evolution, economics and key stakeholder dynamics of these individual industry sectors
CM 7545 Media Strategy PracticumInvolves the development and utilization of the analytical tools necessary to formulate and adjust strategic directions for media enterprises Students engage in the kind of in-depth analysis of a single media enterprise characteristic of a management consultant organization, and formulate and present their analyses for discussion and critique
ENTREPRENEURSHIIP COURSE.
CM 7554 Consumer Adoption of New Media Provides an in-depth examination of the factors affecting why and how consumers adopt or fail to adopt new media technologies and services Considers how both the characteristics of individual technologies/services affect the adoption process and how adoption patterns differ across consumer categories Draws upon a multidisciplinary array of perspectives
on how new media technologies and services diffuse through business, consumers and other populations
ELETRONIC BUSINESS COURSE.
COMMUNICATION AND MEDIA MANAGEMENT COURSE LISTINGS
Trang 27CM 7556 Law of Traditional and New Media
Analyzes the legal parameters and constraints on freedom of expression
that govern traditional and new communications technologies, focusing
on the Internet Probes the various constitutional, statutory and regulatory
protections accorded the Internet and more traditional media, such as
print, broadcast and cable and governmental attempts to regulate certain
aspects of them Topics include modern First Amendment interpretation,
defamation, privacy, commercial speech, indecency/ obscenity, contracts,
intellectual property and e-commerce
ALSO OFFERED AS BL 7325.
ELECTRONIC BUSINESS COURSE.
CM 7560 Communication for Entrepreneurs
Successful entrepreneurs are effective communicators This advanced
course will help students launch new ventures The course focuses on
topics such as: (1) how to pitch ideas with clarity and confidence; (2) how to
sell ideas to critical stakeholders; (3) how to brand yourself and establish
your credibility in less than 60 seconds; and (4) how to spin your ideas so
they “stick” in a crowded marketplace
ENTREPRENEURSHIP COURSE.
CM 7561 New Media Product Development Practicum I
Intended to help students – individually or in groups – to begin the initial
stages in the development of a media product or enterprise (e.g., mobile
application, web site, etc.) Focuses on concept generation and feedback;
assessment of the potential market and competitive environment; and
initial development stages Continues in the Summer term
CM 7562 New Media Product Development Practicum II
A continuation of the Spring term course In part two of this course,
students take the next steps in the development of the media product or
enterprise conceptualized in part one Students work on product
develop-ment, learn about financing opportunities and strategies and begin to
develop plans for marketing their media product, platform or service
Concludes with a final presentation and critique of the enterprise
developed over the course of the two class sequence
CM 7563 Ethics and Social Responsibility in Media Enterprises
Explores the wide range of ethical issues affecting contemporary media
enterprises and the role that social responsibility should play in the
operation of these unique and influential enterprises Specific issues
addressed include consumer privacy, codes of conduct and self-regulatory
principles, the concepts of the 4th and 5th estates and their evolving role
in the operation of media enterprises, and issues of media effects and how
such potential effects should factor into decision-making
CM 7564 Search: Strategic, Economic and Policy PerspectivesExamines the increasingly important role that search and recommendation systems play in the dynamics of media usage, as well as—increasingly—
in the dynamics of content production Specific issues addressed in this course include: the fundamentals of the operation of search and recom-mendation systems; the ongoing evolution from algorithmic to social search systems; strategic approaches to optimizing exposure on contemporary search and recommendation systems; and emerging regulation and policy issues surrounding the operation of search and recommendation systems
CM 7565 Audience Metrics and AnalyticsIntroduces students to the growing array of analytical tools, data sources, and performance criteria that are available to understand the behaviors, sentiments and consumption patterns of media audiences Considers the growing range of strategic uses for these analytical tools and their impact
on decision-making Students engage in hands-on analysis of audience data and gain experience on a wide range of analytical platforms
CM 7566 Persuasive CommunicationBusiness professionals have long known that the ability to influence is a critical business skill Persuasion has also replaced reliance upon authority when leading a workforce Developing long-term relationships with clients
is becoming more highly valued Modern business practices have moved beyond simply closing a piece of business with a prospect Persuasion theory and new insights from the field of psychology drive this course, with
a focus on articulating and implementing communication strategies Additional foci of study are one-on-one interactions and group leadership skills, all within the context of attitude and behavior change
CM 75XX Special Topics in Communication and Media ManagementOffered from time to time to permit faculty and students to explore topics
of special interest The specific topic and prerequisites are announced when the course is offered Additional special topics courses are typically introduced throughout the academic year Examples of some Special Topics include Economics of Media Industries, Social Media, Sports Media, Communication with High-Level Executives and Leaders in Multicultural Contexts
COMMUNICATION AND MEDIA MANAGEMENT COURSE LISTINGS
Trang 28mba in finance
ProGram PrerequiSiteS (three courses, nine credits)
BE 6220 Managerial Economics (see page 31)
DG 6810 Mathematical Methods for Business (see page 48)
DG 6820 Statistics (see page 48)
mBa core BuSineSS courSeS (required) (eight courses, 24 credits)
AC 6111 Fundamentals of Accounting (see page 18)
BL 6310 Business Law I (see page 55)
FN 6411 The Financial Environment (see page 32)
(Prerequisite AC 6111)
IS 6910 Management Information Systems (see page 42)
MG 6613 Fundamentals of Management (see page 46)
MG 7660 Business Policy (see page 47)
(Prerequisites all core courses)
MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed Because of its integral importance to the program, this course will not be waived.
concentration (five courses, 15 credits)
Students concentrating in Finance take five courses beyond the Finance core requirement of FN 6411 The Financial Environment
FN 7421 Principles of Modern Finance is suggested as a prerequisite course for many upper-level courses and is strongly recommended
Prerequisite courses can be waived upon review by the area chair.
finance SPecializationS
There are no specific required courses for students concentrating in Finance other than the Finance core requirement, FN 6411 The Financial Environment
finance and bUsiness economics
area chair: an yan, professor
Fordham GBA offers three programs in Finance: an MBA
in Finance, an MS in Quantitative Finance (MSQF)
and an MS in Global Finance (MSGF) An MSQF-MBA
dual degree is also possible Details of these programs
are available at http://www.bnet.fordham.edu/academics/
ms_programs/ms_quantitative_finance/index.asp, and are
briefly described below
The goal of the Finance MBA curriculum is to provide
students with the conceptual foundation and technical skills
necessary to make sound financial decisions in a changing
domestic and international business environment In particular,
the program aims to develop a thorough understanding of
global financial markets and instruments, business valuation
and shareholder value creation, implementation of financial
strategy through various forms of corporate restructuring,
risk management in a global context and the nature of risk
and reward in formulating long-term investment strategies
The curriculum emphasizes interaction with practitioners
in a number of innovative course offerings
Students with special quantitative skills may consider the
option of specializing in the Advanced Applied Corporate
Finance track Students who qualify and are selected for this
option will take a special set of courses, and are advised
to consult with Student Services about their course selection
The Finance and Business Economics area offers a tion in Finance and elective courses in Business Economics Students are encouraged to plan their program relatively early
concentra-in the course of their studies with the help of faculty members who are available to assist in this process
The MS in Quantitative Finance (MSQF) is a 55-credit-hour, full-time program that can be completed in one-year or can
be extended to up to two years The MSQF program prepares students to meet the global financial service industry’s need for graduates who have both a deep know-ledge of finance and a command of the latest quantitative techniques for financial problem-solving.
The MS in Global Finance is offered in two formats: time and full-time Initially launched in partnership with the Beijing International MBA (BiMBA) offered by Fordham in collaboration with Peking University, the MSGF part-time program offers several courses in compact, intensive, week-long formats in New York and Beijing The new full-time MSGF program offers all 10 courses in a one-year format in New York
Trang 29part-The following are some suggested specializations and course sequences
for students interested in specific career paths
1 Corporate Financial Management
Appropriate for students interested in corporate financing
decisions and financial analysis.
FN 7421 Principles of Modern Finance
FN 7422 Corporate Finance
FN 7423 Mergers, Acquisitions and Leveraged Buyout
FN 74XX Special Topics: Investment Banking, Venture Capital,
Risk Management
FN 7451 Financial Management of Multinational Companies
2 Investment Management
Intended for students interested in the evaluation of securities
and non-financial assets, portfolio management and trading in
Students considering a career in investment management should be
aware of the importance of obtaining their Chartered Financial Analyst’s
(CFA) designation from the CFA Institute in Charlottesville, virginia The
CFA is awarded upon satisfactory completion of a series of examinations
on ethical, financial, economic, legal, fixed income and equity valuation
and portfolio management issues Details of the CFA program can be
obtained from the Finance faculty Graduate business courses included in
the investment management specialization cover many topics required
for the CFA tests
3 Management of Financial Institutions
Suggested for students interested in careers in banking.
FN 7410 Management of Financial Institutions
5 Real Estate Finance
Structured for those pursuing careers in real estate development, underwriting and institutional acquisitions.
FN 7421 Principles of Modern Finance
FN 7470 Real Estate Finance
FN 7472 Real Estate Financing Alternatives
Two other Finance courses or the equivalent in mini-courses.
6 Personal Financial Planning
Developed for those seeking careers with financial institutions offering financial planning services
Increasing complexity of the financial-planning field may require completion of a dual concentration in Accounting/Taxation and Finance (For courses in Accounting/Taxation, please see the Accounting section.) Some suggested courses include:
FN 7421 Principles of Modern Finance
FN 7430 Investment Analysis
FN 7431 Options and Futures Markets
FN 7460 Portfolio Management
FN 7470 Real Estate Finance
Students may also consider taking two free electives from either Finance and/or Accounting/Taxation or Special Topics offerings.
Students considering a career in personal financial planning should
be aware of the importance of obtaining their Certified Financial Planner (CFP) designation from the CFP Board in Denver, Colorado Details of the certification may be obtained directly from that institution For more information, visit www.cfp.net
Breadth electiveS (five courses, 15 credits)
Breadth electives are advanced-level courses outside the concentration Students are limited to a maximum of two courses from a single area Two recommended electives for students concentrating in Finance are BE 7230 Macroeconomics and AC 7125 Financial Statement Analysis Students may select electives from specified International Business courses, subject to area distribution requirements, to receive an Interna-tional Business designation on their official transcript (see page 10) With approval of an academic advisor, students may take graduate courses that relate to their professional objectives offered by other schools
of the University
free electiveS (two courses, six credits)
FINANCE AND BUSINESS ECONOMICS
Trang 30ms in Global finance (msGf)
program director: ren raw chen, ph.d
The MS in Global Finance (MSGF) is a 30-credit program It is offered in
two different streams: part-time and full-time The part-time MSGF
program is in collaboration with reputable foreign universities and the
faculty is drawn from Fordham and its collaborating partner institutions
Part-time MSGF students spend three to six weeks in New York, and get
an opportunity to visit institutions such as Nasdaq, New York Fed, NYSE
and Bloomberg Senior executives from leading New York banks and
financial institutions participate in the program as guest speakers
The full-time MSGF program is a one-year cohort program starting in the
fall semester every year Students in the full-time program will finish 10
required courses in fall, spring and summer semesters For more
informa-tion, contact Ren-Raw Chen, Ph.D., Co-director, or An Yan, Ph.D.,
Co-director, MS in Global Finance Program
Please see page 34 for Global Finance course descriptions.
GF 7001 Global Financial Markets
GF 7002 Contemporary Issues in Global Finance
GF 7004 Global Equity Portfolio Management
GF 7005 Global Corporate Governance
GF 7006 Global Risk Management
GF 7007 Raising Capital and Investing in Global Financial Markets
ms in QUanTiTaTive finance (msQf)
The MS in Quantitative Finance (MSQF) is a full-time program that can
be completed in one year (beginning in early September and ending in early August) Nevertheless, students are strongly encouraged to extend the program beyond one year to give them more time to deepen their understanding of the concepts and expand their New York City financial community connections
Accounting, economics and finance refresher classes are offered during the summer term before the regular program begins for those students who need them
Some students will also shift their classes to their second fall and spring terms to give them more time to deepen their understanding of the concepts, while other students will take additional classes in their second fall and spring terms to satisfy additional prerequisite classes (such as the Introduction to C++ course), add breadth to their program, and/or receive
an additional certificate (such as the Certificate in Computational Finance) The Certificate in Computational Finance is a joint certificate with the Computer Science Department It requires two additional classes: (1) Data Mining and (2) Algorithms and Data Analysis These classes are offered by the Computer Science Department
Students most likely to benefit from the program will have an under- graduate degree in mathematics, physics or an engineering field, or will otherwise be able to demonstrate proficiency in mathematics (Differential, Integral and Multivariate Calculus, as well as Linear Algebra) Prior training
in differential equations, economics, accounting, finance, probability, statistics, and computer programming are also desirable
cfa ProGram Partner
The MSQF is a CFA Program Partner It’s curriculum is recognized by the CFA Institute as closely tied to professional practice and well suited to preparing students to sit for the CFA exams
FINANCE AND BUSINESS ECONOMICS
Trang 31mSqf tradinG floor
Students registered in the MSQF Program have access to a state-of-the-art,
28-seat trading floor that simulates the real-world professional’s working
environment in an educational setting With a Bloomberg terminal, live
data feeds and price quotations from global equities, fixed income, and
FX markets and wireless internet access, it is the optimal environment
for students to learn the application of sophisticated quantitative models
in finance
ProfeSSional oPPortunitieS after Graduation
Graduates of the MSQF Program will possess skills that reflect deep
knowledge in the following areas:
• Asset valuation
• Derivative instruments
• Econometric modeling
• Global capital markets
• Large-scale data management
Graduates will also be able to model and value complex securities, design
and implement creative portfolio management strategies, use the
most up-to-date risk management strategies, and perform a broad range
of financial engineering tasks Prospective employers include the major
investment banks, commercial banks, money managers, hedge funds and
other companies with a need for professionals with strong quantitative
skills and a deep knowledge of finance
For more information, including biographies of our faculty members,
visit www.fordham.edu/msqf, email msqf@fordham.edu, or write
Ariane Saney, Coordinator, MSQF Program, Fordham Graduate School
of Business Administration, 113 W 60th St., New York, NY 10023
Please see page 35 for Quantitative Finance course descriptions.
QF 8906 Probability and Statistics
QF 8952 Business Communication for Quants
QF 8915 Introduction to Stochastic Calculus
QF 8921 Financial Statement Analysis
QF 8943 Large-Scale Data Modeling
QF 8944 Credit Risk Management
QF 8952 Business Communication for Quants
QF 8953 Research Seminar I
QF 8954 Research Seminar 2
QF 8946 C++ for Finance
elective courSeS (Choose two)
QF 8932 Equity Portfolio Management
QF 8940 Advanced Derivative Pricing
QF 8941 Fixed-Income Portfolio Management
QF 8942 Finance Theory II
FINANCE AND BUSINESS ECONOMICS
Trang 32business economics courses
Each course carries three (3) credits unless otherwise indicated
BE 6220 Managerial Economics (MBA PROGRAM PREREQUISITE)
Examines the microeconomic theory and concepts that strive to explain
economic decisions of businesses in the marketplace The dominant
issues addressed in this course are the factors of supply and demand
and the relationship of production costs, output and market structures to
pricing Designed to provide the economic foundation for
management decisions
BE 7230 Macroeconomics
Studies the forces and interactions that shape the national economic
environment These include levels of consumption and savings, tax policy,
government fiscal policy, monetary policy and interest rates, capital
investment and the business cycle Also addresses the impact of
interna-tional factors on the nainterna-tional economy The course establishes the
essential role of macroeconomics in corporate and investment planning
PREREQUISITE: BE 6220
BE 7240 Money, Credit and Interest Rates
Studies the role of money, credit and interest rates in the efficient
and ethical functioning of domestic and global financial markets This
building-block course assumes a background in macroeconomics and
finance, and it establishes a foundation for further study in all areas
of finance Topics include: flow of funds and interdependency within the
financial system; the Federal Reserve System and its role in money
creation; interest rates; the links between interest rates and the growth
of money; and the effects of inflation and term structure
PREREQUISITES: BE 7230, FN 6411
ALSO OFFERED AS FN 7441
ENTREPRENEURSHIP COURSE
BE 7243 Contemporary Issues in Global Finance
Explores current issues relevant to the global financial system, including
international commercial and investment banking and international
investments Emphasizes the underlying conditions and fundamental
trends in various sectors of international finance
PREREQUISITE: FN 6411
INTERNATIONAL BUSINESS COURSE
ALSO OFFERED AS FN 7458
BE 7244 Global Finance Surveys the structure of the international financial environment Topics studied are world trade and the balance of payments, foreign exchange markets, the long- and short-term determinants of exchange rates and the major international financial institutions Explores how the international community adjusts to financial shocks and the role of the Eurocurrency markets A background in macroeconomics is recommended
as well as investment and trade opportunities, policies and regulations
PREREQUISITE: BE 6220
INTERNATIONAL BUSINESS COURSE
GLOBAL SUSTAINABILITY COURSE
BE 72XX Special Topics in Business Economics These courses are offered periodically to permit faculty and students
to explore a business economics topic of particular interest The specific topic and prerequisites are announced when the course is offered
FINANCE AND BUSINESS ECONOMICS COURSE LISTINGS
Trang 33finance courses
Each course carries three (3) credits unless otherwise indicated.
FN 6411 The Financial Environment (MBA REQUIRED COURSE)
Introduces the key concepts in finance and the environment in which they
are applied Students learn how to gauge the financial health of companies
and measure and understand financial return in relation to risk The course
also surveys the uses and characteristics of different financial instruments
and the function and operation of global financial markets
PREREQUISITES: AC 6111, BE 6220 AND DG 6810
FN 7410 Management of Financial Institutions
This applied finance course focuses on risk management at financial
institutions It emphasizes the development of data analysis, spreadsheet
and simulation skills as used in internationally active financial institutions
The course discusses duration, value at risk and basis risk and extends
the risk measurement and management tools to credit risk, with particular
attention to credit derivatives and the New Basel Capital Accord
PREREQUISITE: FN 7441.
FN 7415 Credit Management
This course focuses on the analytic approach (stemming from Basel II
capital accords) and will help students make wise credit decisions and
manage lending portfolios Topics include the latest lending techniques
based on cashflow, advanced forecasting methods (including simulation
and stochastic optimization), pricing, portfolio management, default
probability, valuation analysis risk rating and credit derivatives
PREREQUISITE: FN 6411
ENTREPRENEURSHIP COURSE
FN 7421 Principles of Modern Finance
Provides a conceptual framework that allows both corporate finance and
portfolio investment decisions to be viewed and understood in a unified
context of risk and return Examines concepts of valuation, risk and return,
diversification, asset pricing and efficient markets
PREREQUISITES: FN 6411, DG 6820
FN 7422 Corporate Finance
Studies corporate finance and its specific decisions Topics include
evaluating capital expenditure proposals, forecasting financing
require-ments and selecting sources of financing The course also discusses
working capital management, dividend policy and contingency planning,
and addresses the additional challenges of multinational firms
PREREQUISITE: FN 7421
ENTREPRENEURSHIP COURSE
FN 7430 Investment Analysis Provides the foundation for choosing sound investment vehicles that meet investors’ objectives Identifies the wide variety of available investment instruments and examines their risks and benefits Studies philosophies and techniques of investing, such as fundamental analysis, technical analysis and uncovering market inefficiencies
PREREQUISITE: FN 7421
ENTREPRENEURSHIP COURSE
FN 7431 Options and Futures Markets Examines the institutional aspects of options and futures markets and discusses the strategies of hedgers, arbitrageurs and speculators Provides an introductory analytical foundation for pricing futures and option contracts
PREREQUISITE: FN 6411
FN 7433 Fixed-Income Analysis Introduces techniques for valuing fixed income securities and their derivatives Emphasizes pricing and risk-measurement for government, corporate and mortgage-backed instruments Analyzes embedded options using the binomial model Develops fixed-income trading and portfolio management techniques, including the use of repo, futures, options, swaps and credit derivatives Examines theory and empirical evidence on the term structure of interest rates, including the derivation of spot and implied forward yield curves
PREREQUISITE: FN 7421
FN 7435 Pension Management Presents an integration of corporate finance and investment analysis techniques aimed at the financial management of corporate pension plans Provides an overview of the American retirement system and introduces actuarial techniques and pension accounting Topics include pension liabilities, decisions on how to fund retirement plans, the effects
of inflation on assets and benefits, investment strategy and evaluation and tax and legal issues
PREREQUISITE: FN 7421
FINANCE AND BUSINESS ECONOMICS COURSE LISTINGS
Trang 34FINANCE AND BUSINESS ECONOMICS COURSE LISTINGS
FN 7441 Money, Credit and Interest Rates
Studies the role of money, credit and interest rates in the efficient and
ethical functioning of domestic and global financial markets This
building-block course assumes a background in macroeconomics and
finance, and it establishes a foundation for further study in all areas of
finance Topics include: flow of funds and interdependency within the
financial system; the Federal Reserve System and its role in money
creation; interest rates; the links between interest rates and the growth
of money; and the effects of inflation and term structure
PREREQUISITES: BE 7230, FN 6411
ALSO OFFERED AS BE 7240
ENTREPRENEURSHIP COURSE
FN 7442 Commercial Banking
Explores the evolution of commercial banking Examines the international
character of the money-center banks and the rise of the regional banks
Also studies asset and liability management, international bank
manage-ment, syndicated lending, project financing and lending policies in
developing countries
PREREQUISITE: FN 7441
FN 7443 Multinational Investment Analysis
Examines investment strategies that encompass international financial
markets Studies international money markets, the foreign exchange
market, forward markets for commodities and financial instruments and
stock and bond markets Investment alternatives are analyzed under
fixed, floating and managed exchange-rate regimes
PREREQUISITES: FN 7421
INTERNATIONAL BUSINESS COURSE
FN 7451 Financial Management of Multinational Companies
Focuses on aspects of financial planning for corporations with international
operations Topics include: managing the firm’s foreign currency exposure;
financial control of foreign operations; international capital budgeting
analysis; managing multicurrency working capital; international cost of
capital and capital structure issues; foreign project evaluation techniques;
analysis of foreign subsidiary performance and foreign fund management
techniques Particular emphasis on foreign investment opportunities not
normally available to a domestic firm
PREREQUISITE: FN 7421
ENTREPRENEURSHIP COURSE
INTERNATIONAL BUSINESS COURSE
FN 7455 Global Finance
Surveys the structure of the international financial environment Topics
studied are world trade and the balance of payments, foreign exchange
markets, the long- and short-term determinants of exchange rates and the
major international financial institutions Explores how the international
community adjusts to financial shocks and the role of the Eurocurrency
markets A background in macroeconomics is recommended
PREREQUISITE: FN 6411
INTERNATIONAL BUSINESS COURSE
ALSO OFFERED AS BE 7243
FN 7460 Portfolio Management Examines portfolio objectives and links them to appropriate investment strategies Considers the asset-allocation decision, equity and fixed-income portfolio management, return enhancement/risk control techniques and performance evaluation Commercial-level portfolio optimization software
is applied to a range of institutional portfolio problems
PREREQUISITE: FN 6411
ENTREPRENEURSHIP COURSE
FN 7496 Financial Management of Nonprofit Organizations Financial management techniques are adapted to the goals, regulations and accounting procedures of nonprofit organizations, such as schools, foundations, government agencies and hospitals Topics include fund accounting systems, budget preparation and administration, financial re- porting, management control, public accountability and tax-exempt status
PREREQUISITE: FN 6411
GLOBAL SUSTAINABILITY COURSE
FN 74XX Special Topics in Finance These courses are offered periodically to permit faculty and students to explore a finance topic of particular interest The specific topic and prerequisites are announced when the course is offered Examples of Special Topics in Finance include Credit Derivatives, Equity Analysis, Financial Modeling, Fixed-Income Investment Management, INternational Treasury Risk Management, Technical Analysis, Investment Banking, Retirement Planning and venture Capital Financing
Trang 35finance mini-courses
Each mini-course carries 1.5 credits.
Mini-courses cover special topics and recent developments that do
not require a full three-credit course They are offered periodically on a
half-term (seven-week) basis
FN 8405 Deleveraged Finance
Discusses the use of debt in leveraged buyouts, recapitalization,
restructur-ing and refinancrestructur-ing, includrestructur-ing Debtor-in-Possession (DIP) financrestructur-ing
Students develop practical insights by utilizing case studies from several
public highly leveraged firms; practical insights are critically reviewed
ENTREPRENEURSHIP COURSE
FN 8406 Financial Strategy
Examines a variety of corporate financial strategies, such as divestures,
spin-offs and equity carve-outs, as well as the valuation techniques
employed to develop and structure those transactions Case studies are
used to reinforce the concepts, and current market deals are analyzed to
enhance the learning experience
ENTREPRENEURSHIP COURSE
FN 8414 Modern Financial Analysis and Valuation Techniques
Teaches how the financial services industry applies valuation techniques in
actual deals Students learn to appreciate the context of the transaction
and the current market conditions, as well as the “art”and “science” of
valuation analytics
PREREQUISITE: FN 7421
ENTREPRENEURSHIP COURSE
FN 8415 Financial Markets (Concepts, Methods and Trading in Action)
Provides a real-life, hands-on experience of financial market activity
and its impact on the broader economy Throughout the course, students
participate in a trading game to assess and manage real-world factors,
such as counterparty risk, liquidity, leverage, etc They also learn the
impact of various policy issues on the markets and thus the economy
(e.g., the impact of limiting foreclosures), some of the mathematics
behind the markets, and the broad spillover effects of various investor/
issuer decisions
ENTREPRENEURSHIP COURSE.
FN 84XX Issues in Finance
Covers a variety of special topics courses that reflect the changing
financial environment The specific topics and prerequisites are announced
when the course is offered Note: Some of the 84XX Issues in Finance
courses are designated as Entrepreneurship courses Below is a partial
Global finance courses
Each course carries three (3) credits.
GF 6001 Principles of Modern FinanceProvides a conceptual framework that allows both corporate finance and portfolio investment decisions to be viewed and understood in a unified context of risk and return Examines concepts of valuation, risk and return, diversification, asset pricing and efficient markets
GF 6003 Managerial EconomicsExamines microeconomic theory and concepts that strive to explain economic decisions of businesses in the marketplace The dominant issues addressed are the factors of supply and demand and the relation-ship of production costs, output and market structures to pricing Designed to provide the economic foundation for management decisions
GF 6004 Financial Statement AnalysisProvides an understanding of financial statements and the information they communicate on the operating, investing and financing activities of corporations Focuses on the impact of financial accounting principles, disclosure standards and alternative accounting practices on financial reports Examines and evaluates traditional and non-traditional methods
of financial statement analysis
GF 6005 Financial ModelingDevelops (using Excel) the type of financial models that businesses use every day to analyze a wide range of financial problems and make decisions Covers modeling of financial statements and models in many other important practical areas, such as time value of money, project evaluation, bonds, investment management and derivatives Emphasizes
on using most powerful and useful tools in Excel, such as logical functions, PivotTables, Data Table, Scenario Manager, Goal Seek to solve problems that closely resemble real-life situations
GF 7001 Global Financial MarketsProvides a comprehensive overview of global financial markets, the functions and goals of key financial institutions and the role played by central banks and regulatory agencies Covers international money markets, international equity markets, the foreign exchange market, forward markets for commodities and financial instruments, bond markets and derivative markets
PREREQUISITES: GFGB 6001, GFGB 6003
GF 7002 Contemporary Issues in Global FinanceExplores current issues relevant to the global financial system, including international commercial and investment banking and international
FINANCE AND BUSINESS ECONOMICS COURSE LISTINGS
Trang 36GF 7004 Global Equity Portfolio Management
Provides a comprehensive overview of equity portfolio management in
theory and practice Examines portfolio objectives and links them to
appropriate investment strategies It covers pricing of equities, the
asset-allocation decision, return enhancement/risk control techniques,
performance evaluation and recent changes in international fund
management Analyzes international investment strategy and the relative
merits of various approaches
PREREQUISITES: GFGB 6001, GFGB 6005
GF 7005 Global Corporate Governance
Examines how modern publicly traded corporations are governed in the
global markets It discusses the roles of the board of directors, corporate
management, institutional investors, and other shareholders, and also
discusses the effects of the recent legislation and financial market
developments on corporate governance Provides international
compari-sons of corporate governance structures and issues arising in contests for
corporate control
PREREQUISITES: GFGB 6001, GFGB 6004, GFGB 6005
GF 7006 Global Risk Management
Covers market risk and volatility, calculation of vaR (value at Risk), Monte
Carlo Simulation, credit risk and use of credit derivatives, operational risk,
counterparty risk and other topics Discusses risk regulations, including
Basel II, recent developments in Basel III, and recent regulations on the
banking industry in the U.S
PREREQUISITES: GFGB 6001, GFGB 6005
GF 7007 Raising Capital and Investing in Global Financial Markets
Provides a comprehensive overview of the going-public decision
Examines the strategies and process of corporate restructuring and
investing activities, such as mergers and acquisitions, corporate
diversifica-tion, spin-offs, carve-outs, asset sell-offs, tracking stock, exchange offers,
and debt restructuring
PREREQUISITES: GFGB 6001, GFGB 6004
* The courses listed are for the full-time MSGF program only The courses
for the part-time MSGF program are similar but with slight differences to
tailor to each partner school
Quantitative finance courses
Each course carries two (2) credits unless otherwise indicated.
QF 8901 Accounting I (three credits)
Provides a basic understanding of the preparation and analysis of corporate financial statements Introduces Generally Accepted Accounting Principles (GAAP) and the standard-setting process Discusses current issues in the reporting process, such as the benefits and problems of the Sarbanes-Oxley Act
QF 8902 Basics of Economics (three credits)
Covers both microeconomics and macroeconomics Microeconomics topics include theory of demand and the nature of profit and utility- maximizing market equilibrium that constitute the economic basis of finance theory and applications The macroeconomics segment defines the major components of the economy, outlines a simple model of long-run, real economic behavior with competitive, market-clearing prices, then establishes a companion model of short-run adjustments without flexible prices
QF 8903 Basics of Finance (three credits)
Provides a conceptual framework for decision-making processes in many diverse areas of finance Concepts including time value of money, stock and bond valuation, project and firm valuations, risk and return measures, portfolio management, basic CAPM and APT, diversification and hedging are reviewed Basic theoretical aspects of corporate finance, such as dividend policy and capital structure, are also introduced
QF 8905 Mathematics (1.5 credits)
Reviews the basics of mathematics in preparation for advanced courses in the MSQF program Topics include Special functions, Multivariate calculus, Optimization, Integration, Differential equations (ODEs and PDEs), and Linear algebra
QF 8906 Probability and Statistics (1.5 credits)
Reviews the basics of probability and statistics in preparation for advanced courses in the MSQF program Topics include special distribu-tions like binomial, poisson, normal, lognormal, gamma, beta, and fat-tailed distributions
QF 8911 Financial Modeling (VBA) Provides the foundation for developing skills in the quantitative analysis
of financial decisions, primarily using vBA Topics include business planning, forecasting, sensitivity and scenario analyses, risk and return measures, portfolio analysis, binominal option pricing and value-at-Risk (vAR) analysis Emphasizes practical skills to produce computer models that are useful for a variety of decision-making purposes
FINANCE AND BUSINESS ECONOMICS COURSE LISTINGS
Trang 37QF 8913 Global Financial Markets
Examines the institutional details of different financial instruments
in diverse global market settings Explores domestic and international
equity markets, including ADRs, international debt markets (short-term,
long-term and Euro-markets) Also describes forward markets (FX rate),
futures markets (commodity and financial instruments), options
markets (Equity and FX rate) and swap markets (interest rate and
currency swaps)
QF 8914 Basics of Derivatives
Introduces deferred delivery (i.e., exchange-traded futures and OTC-
traded forward) markets and option markets The course (1) briefly
examines the institutional features of these markets; (2) discusses hedger,
arbitrageur and speculator strategies; (3) provides an analytical foundation
for the pricing of these contracts; (4) reviews some of the available
empirical evidence concerning these markets; (5) accesses data regarding
these markets; and (6) uses the data to perform small-scale suggestive
tests of the theories and strategies
QF 8915 Introduction to Stochastic Calculus
Focuses on the practical applications of stochastic differential equations
subject to appropriate boundary conditions, solving valuation problems,
and using measure-transformations as required in advanced financial
engineering practice to value assets within a risk-neutral framework Builds
a theoretical foundation for continuous-time models that are essential
for the pricing and hedging of financial derivatives
QF 8921 Financial Statement Analysis
Introduces the tools and framework necessary to effectively integrate
information in financial statements into a comprehensive assessment
of the firm Develops financial modeling skills, improves communi-
cation of financial analysis and identifies data issues in the analysis of
financial statements, along with possible solutions Provides an
understanding of the impact of alternative accounting methods on the
analysis of financial statements and relates this concept to the issue
of “accounting quality.”
QF 8923 Financial Econometrics I
Covers estimation of parametric and non-parametric techniques
commonly used in finance, applying high-frequency financial databases
Discusses properties of financial data, linear time-series data analysis,
basic theory of statistical inference with linear models, general linear
models, conditional Heteroskedasticity models, nonlinear models
and Bayesian inference and estimation
QF 8924 Equity-Style Derivatives
QF 8925 Simulation Applications Introduces state-of-the-art computational techniques essential for implementing financial models, pricing derivatives, obtaining numerical solutions to estimation problems and simulating stochastic systems in risk management Provides a conceptual framework for gaining experience on simulation design and implementation using MATLAB This course builds
a skill set that combines financial modeling, data analysis and computation
QF 8926 Finance TheoryIntroduces financial theory with a particular emphasis on portfolio choice and the fundamentals of asset pricing Focuses on both the partialequilibrium theory (CAPM), and the general equilibrium theory (Arrow-Debrew Pricing Theory) with brief introductions on the arbitrage-based theories Introduces the basics of asymmetric information and how the problems it imposes can be mitigated via security design It also emphasizes an understanding of the theories of Discrete-Time AssetPricing; studies the applications of the theory of stock options toreal options and complex corporate liabilities; and explores the basicfoundation of the GMM tests of asset-pricing theories
QF 8931 Fixed-Income Securities Introduces fixed-income securities, basic fixed-income concepts, the different sectors of the fixed-income market and basic bond mathematics Studies quantitative fixed-income analysis and its use in valuing bonds and quantifying risk-return characteristics Involves extensive training
in the mathematical formulation of bond valuation problems and in the use of the existing models and software to solve these problems
QF 8932 Equity Portfolio Management Introduces the basic concepts of equity portfolio management, including constructing optimal portfolios, evaluating portfolio performance, passive and active performance strategies and portfolio risk management Involves extensive training in portfolio optimization software
QF 8933 Financial Econometrics II Introduces modern econometric techniques with a special focus on financial applications It emphasizes the theoretical framework for making statistical inferences and modern financial applications using real data The course involves extensive use of commercial software packages as well as implements new financial econometric techniques using high-level programming languages, such as MATLAB
QF 8934 Interest Rate Derivatives Studies continuous time no-arbitrage models of yield curves and pricing
of fixed-income securities and derivatives In particular, treasury bonds
as well as more complicated instruments, such as options on bonds,
FINANCE AND BUSINESS ECONOMICS COURSE LISTINGS
Trang 38QF 8935 Risk Management
Builds strong understanding of the risks of individual products and
methods of hedging and/or replicating those products Also examines
firm-wide risk issues from a financial perspective which requires
aggrega-tion of multiple posiaggrega-tions and consideraaggrega-tion of interrelaaggrega-tionships among
asset price fluctuations Regulatory and other non-market risk issues
are considered and simulation techniques for modeling risk are practiced
QF 8940 Advanced Derivative Pricing
The Finance Theory II course is a prerequisite for this course This course
covers advanced option pricing
QF 8941 Fixed-Income Portfolio Management
Introduces basic concepts and techniques of fixed-income portfolio
management, including designing portfolio strategies, measuring portfolio
performance, indexing, portfolio immunization techniques and hedging
risks Emphasizes the practical application of modern techniques to
optimize portfolio performance Involves extensive training in the use of
fixed-income portfolio management software
QF 8942 Finance Theory II
This course builds upon Financial Theory I (QF 8922) and examines
cross-sectional and time-series properties of asset returns Offers an
in-depth statistical review of several theoretical models of inter-temporal
asset pricing Microstructure effects on short-term asset returns as well
as test of returns predictability are covered
QF 8943 Large-Scale Data Modeling
Explores financial modeling topics using large data sets and various
econometric techniques applied in a variety of financial problems
Topics include modeling the yield curve in the U.S and other countries,
application of pattern recognition techniques in developing stock-rating
systems, factor models in portfolio construction and portfolio
perfor-mance evaluation Emphasis on project analysis using SAS to process
large
data sets and develop appropriate models for solving real problems in
equity and fixed-income research
QF 8944 Credit Risk Management
Introduces modern credit risk models with particular focus on credit
derivative instruments Focuses on derivative markets methods,
rather than accounting analyses of business risks Exposes students
to institutional practices and commonly used data Students will be
expected to thoroughly understand professional software output, along
with the risks and rewards of credit product strategies
QF 8945 Applied Global Macroeconomics Focuses on both the theory and the applications of macroeconomics particularly to financial markets in a global context Familiarizes the student with macroeconomic data and develops models that can be used
to interpret these data Illustrates different models via analyses of both historical economic data and the ongoing stream of current data Provides practical econometric training in the analysis of macroeconomic data Open-economy macroeconomics and finance and the analysis of how the Federal Reserve and other central banks conduct monetary policy are areas of special emphasis
QF 8946 C++ for Finance (3 credits)
This course uses C++ to solve Finance problems Students who have not taken C++ must take the spring Introduction to C++ course offered by the Computer Science Department as a prerequisite to taking this course in their second fall term
QF 8951 Internship, Research Project or Elective Credits (six credits)
INTERNSHIP: Gives students the opportunity to apply the financial theory and quantitative skills they have learned in the classroom and to get hands-on experience solving real-world financial problems in a business setting Most internship students complete the project at a major financial institution The summer project can be a paid or unpaid internship at a financial firm either arranged by the faculty or by the student him/herself The internships are competitive
RESEARCH PROJECT: Gives students the opportunity to apply the financial theory and quantitative skills they have learned in the classroom in an academic research project with an MSQF faculty member
ADDITIONAL ELECTIVES: Instead of doing an internship or a research project, a student can take 6 credits of additional electives from the MBA program or the Certificate in Computational Finance
QF 8952 Business Communication for Quants (3 credits)
Covers the basics of professional speaking and writing Develops oral and written presentation skills essential for successful careers
QF 8953 Research Seminar I (3 credits)
This fall course features a series of lecturers from the finance industry who discuss research projects that their companies are working on
QF 8954 Research Seminar 2 (3 credits)
This spring course features a series of lecturers from the finance industry who discuss research projects that their companies are working on
FINANCE AND BUSINESS ECONOMICS COURSE LISTINGS
Trang 39informaTion sysTems
area chair: evangelos katsamakas, associate professor
The Master of Business Administration in Information
Systems Program consists of 69 credits Rapid advances in
information and communication technologies over the last
quarter-century have had a dramatic effect on business and
the economy Due to the combination of technological
advancement and globalization, we have seen the emergence
of new types of markets, new ways of organizing business
processes, new ways of reducing risk, new thinking on how to
compete in the marketplace and new work environments We
have also seen the dramatic rise in popularity of such
Internet-based applications as electronic commerce, social networking,
mobile computing and digital goods and services All of these
phenomena have led to the collection of huge amounts of
information—commonly referred to as “Big Data”—which
can then be used to inform business decision making using
the ever expanding power of Business Analytics.
The Information Systems curriculum addresses the role of
Information Technology (IT) in creating business value
Students in this program will learn to recognize new business
opportunities created by IT; will learn to address the strategic, tactical and operational issues associated with deploying and employing IT successfully in business; and will become familiar with key IT applications and the underlying technol- ogy that supports them Students will emerge from the program equipped with the knowledge and skills for selecting the appropriate technologies for specific business applications, leading implementation projects and managing IT operations Given the many business implications of IT, the curriculum is designed to afford individual students flexibility to focus on those aspects of IT of greatest personal interest and value.
A major new component of the Information Systems lum addresses the concepts and skills associated with “Big Data” and Business Analytics (for instance, data mining and data warehousing)
curricu-Students concentrating in areas other than Information Systems—such as Marketing, Finance and Management—will also find courses that complement their studies in those fields
mba in informaTion sysTems
ProGram PrerequiSiteS (three courses, nine credits)
BE 6220 Managerial Economics (see page 31)
DG 6810 Mathematical Methods for Business (see page 48)
DG 6820 Statistics (see page 48)
mBa core BuSineSS courSeS (required) (eight courses, 24 credits)
AC 6111 Fundamentals of Accounting (see page 18)
BL 6310 Business Law I (see page 55)
FN 6411 The Financial Environment (see page 32)
(Prerequisite AC 6111)
IS 6910 Management Information Systems (see page 42)
MG 6613 Fundamentals of Management (see page 46)
(Prerequisites BE 6220 & DG 6820)
concentration (five courses, 15 credits)
Students can organize their course work along one of three recommended tracks:
1 Enabling Technologies
2 Information Technology Management
3 E-Business All students concentrating in Information Systems must take two required courses plus a minimum of three elective courses appropriate for their track Those wishing to customize their programs require approval of their advisor and the area chair
required courSeS
All students are required to take the following two courses:
Trang 40elective courSeS
Three or more courses should be chosen as a cluster to support a specific
track within the Information Systems area Current offerings allow for the
following tracks:
1 Enabling Technologies
The Enabling Technologies track addresses the needs of students who
plan careers in IT working as business analysts, systems implementers,
consultants, or in other positions requiring a mix of solid business skills
and technology analysis/implementation skills
Suggested Electives
IS 7941 Communication Networks and Distributed Systems
IS 7973 Database Management
One or more related courses:
IS 7905 Web and E-Business Technologies
IS 7955 Project Management
IS 7975 Business Analytics for Managers
IS 7976 Data Mining for Business
IS 7977 Text Analytics
IS 7978 Web Analytics
IS 7985 Data Warehousing
2 Information Technology Management
The Management of Information Systems track addresses the needs
of students who plan careers in developing IT strategy and managing
information systems projects As such, this track emphasizes foundation
and technical skills as well as management, strategic planning and
execution skills so companies can realize the anticipated benefits from
technology investments
Suggested Electives
IS 7945 Business Design through Information Technology
IS 7955 Project Management
One or more related courses:
IS 7975 Business Analytics for Managers
IS 7988 Business Performance and Risk Management and Analytics
MG 7675 Strategic Management of Innovations and Technology
MG 76XX Special Topics in Systems Management
(Supply Chain Management)
3 E-Business
This track addresses the needs of students who plan careers in designing
and implementing e-Business solutions, including customer-facing
technologies and integrated supply chain management
Suggested Electives
IS 7901 E-Business Strategies and Applications
IS 7905 Web and E-Business Technologies
IS 7924 Mobile Commerce and Applications
One or more related courses:
IS 7941 Communication Networks and Distributed Systems
IS 7945 Business Design through Information Technology
IS 7975 Business Analytics for Managers
IS 7978 Web Analytics
IS 79XX Special Topics in Information Systems (CRM Systems)
Breadth electiveS (five courses, 15 credits)
Breadth electives are advanced-level courses outside the concentration.Students are limited to a maximum of two courses from a single area Students may select electives from specified International Business courses, subject to area distribution requirements, to receive an Interna-tional Business designation on their official transcripts (see page 10) With approval of an academic advisor, students may take graduate courses that relate to their professional objectives offered by other schools of the University
free electiveS (two courses, six credits)
These credits enable students to take advanced-level courses of their choice in their concentration, elective areas or both, subject only to individual course prerequisites They are not subject to the breadth elective distribution requirement or concentration requirements Students should consider using free elective credits to take additional courses from the Information Systems area and breadth elective credits from other areas to augment the cluster of courses within the Information Systems track Thus, students specializing in the Management of Information Systems track should consider taking the Technology and Innovation Management course from the Management Systems area Students specializing in the E-Business track should consider taking the Supply Chain Management course from the Management area and the New Media course from the Communication and Media Management area
INFORMATION SYSTEMS