The focus of this course is on the financial theory and empirical evidence that are relevant to management of investment portfolios. The topics covered include the relation between risk and return, diversification, asset allocation, portfolio optimization, factor models, market efficiency, and other related topics. The course will focus on the tools, applications, and concepts that go into investments. It relies heavily on quantitative methods and provides students with the ability to build valuation models to suit various investment strategies. Students will also gain an understanding of how investment theory relates to investment and management practices in the real world.

This course integrates foundational micro- and macro-economic concepts with the core principles of corporate finance and financial markets. Students learn how markets, incentives, and policy shape financial decisions inside firms and how financial tools quantify those decisions. We move from the principles of scarcity and equilibrium to capital budgeting, risk, and valuation?always linking economic reasoning to financial outcomes.

In this course, students integrate concepts across disciplines, develop concepts of business strategy and leadership, and develop as well a working understanding of how such concepts manifest themselves in practice. The course emphasizes integration of all learning experiences in college and it encourages practice through hands-on learning. Students engage in a highly sophisticated online Capstone Simulation "game" whereby (in teams of four) they put their knowledge and skills obtained in all UMass courses and even life experiences into practice by operating a company over an 8-year period and competing with other firms (other teams of students). Students conduct professional business meetings, make professional presentations, and prepare strategic plans for their "simulated" companies. Satisfies the Integrative Experience requirement for BBA-ACCTG, BBA-FINAN, BBA-OPINFO, BBA-MGT and BBA-MKTG majors. (499-seminar)

A conceptual overview of federal tax laws, focusing on the broad structure of the income tax law and how that law relates to many business investment and personal activities. Includes basic tax policy issues and the many social and political implications of our current tax system.

The fourth course in the Financial Accounting sequence providing an overview of consolidated financial statements, non-controlling interest and the consolidation process; understanding the components of comprehensive income, other comprehensive income and accumulated other comprehensive income and clean surplus; an overview of fund accounting; valuing and reporting derivatives and other complex financial instruments. The course includes a research component and an introduction to the FASB Accounting Standards Codification system requiring students to research and opine on highly-technical financial reporting cases.

This course addresses the essentials of marketing management as applied to service industries such as health care, hospitality, financial, technology, consulting, and other service providers. Such topics as service quality, segmentation, positioning, consumer expectations, service recovery, internal marketing and relationship marketing are presented, discussed, and analyzed.

Students will use audit concepts and auditing standards covered in undergraduate auditing class to further enhance their understanding of the audit environment and audit issues that professionals face. The class will center on case studies and scenarios in applying concepts and critical thinking skills in an audit context. Students will be expected to evaluate the case materials, identify important issues, and communicate those in a clear, coherent manner. Some cases will require students to work in "audit teams" and then present their audit findings to the class and professor. The class will also discuss current audit research being conducted, with a focus on research that can impact professional practice and/or professional standards.

This course examines the generally accepted accounting principles applicable to governmental entities (as issued by GASB) as well as accounting principles applicable to not-for-profit entities (as issued by FASB). The focus will be on the financial statements and reports prepared by state and local governments and financial reporting for the wide array of not-for-profit entities with an emphasis on the contrast of these entities with for-profit accounting.

This course helps students to apply their knowledge of financial accounting, business strategy, and finance in the evaluation of corporations using financial reports. Decision settings include stock evaluation, credit analysis, bankruptcy prediction, and general-purpose evaluation. The course is a mixture of concepts underlying financial statement analysis and their application to real companies' financial statements.

In an era of AI driven digital transformation redefining how work gets done, project risk management skills are in increasing demand. With staggering rates of failure on digital transformation projects plaguing modern organizations, it is essential that we learn to understand project risk management if we hope to reverse this troubling trend. This course examines frameworks that may be applied to many projects, programs, and portfolios to scale risk management best practices. Through evaluating real world examples in various case studies, students are introduced to organized and practical approaches to manage project risks, subsequently delivering enhanced value to customers and stakeholders. This course reviews concepts of risk identification, impact analysis, risk response planning, and risk monitoring & control at the portfolio, program, and project levels.