2013-2014 Catalog


FINC - Finance

FINC-520 Foundations of Financial Planning

The course examines the foundational principles of financial planning including the financial planning process, the CFP Code of Ethics, financial and cash flow statements, financial institutions and services, financing strategies, economic concepts, and the impact of business and consumer protection law. Throughout this course, the student will integrate biblical wisdom into the foundations of personal financial planning.


FINC-521 Risk Management

This course focuses on the practice of risk management through the use of insurance. Topics include principles of risk and insurance, analysis and evaluation of risk exposure, health and health care cost management, disability income insurance, long-term care insurance, life insurance, taxation of life insurance, business uses of insurance, insurance needs analysis, and insurance company and policy selection. Throughout this course, students will integrate biblical principles into risk management.


FINC-522 Investment Planning

The course focuses on the investment planning. Topics include the characteristics, returns, and risks of investment vehicles, various quantitative measures used in evaluating investments, client portfolios formulation, evaluation of investment strategies and diversification of asset allocations. Throughout the course, the student will develop a comprehensive, biblical perspective of investing.


FINC-523 Income Tax Planning

This course examines the income tax system for individuals, trusts, estates, and business entities. Students will study income tax law fundamentals and calculations, tax compliance, basis, Alternate Minimum Tax , tax reduction management techniques, passive activity, at-risk rules, tax implications of special circumstances, and charitable contributions. Throughout this course, students interpret taxes using biblical principles.


FINC-524 Retirement Planning and Employee Benefits

The course focuses on analyzing client retirement needs, differentiating between retirement plans, evaluating the rules and tax implications of retirement plans, applying the Social Security system to the financial planning process, recommending retirement plans for businesses, and selecting suitable client investments. Throughout this course, the student will develop a comprehensive, biblical perspective of retirement.


FINC-525 Accounting and Finance for Managers

This course entails the application of accounting concepts, financial information, and analytical tools for managerial decision making. Students will acquire a basic understanding of generally accepted accounting principles, use financial ratios and other methods to analyze financial statements, project cash flows, and perform time value of money calculations. They will gain knowledge for managing business budgets and use risk adjusted techniques to evaluate international market prices of stocks and bonds.


FINC-526 Financial Plan Development

This course synthesizes the principles and practices of financial planning. Students will develop a comprehensive financial plan that considers the fundamentals of financial planning, risk management, income tax, retirement, employee benefits, investment, and estate planning. Students will also integrate biblical principles of leadership, discipleship, stewardship, decision-making, question-asking and goal-setting involved in the financial planning process.


FINC-527 Estate Planning and Wealth Transfer

This course focuses on the components of estate planning which include property titling mechanisms, tax implications, types of trusts, wealth transfer strategies, and postmortem estate planning techniques. Throughout the course, the student will develop a comprehensive, biblical perspective of estate planning.


FINC-530 Applied Managerial Finance

In this course, the student will study the discipline of financial management by calculating and interpreting capital budgeting methodologies, formulating and analyzing the required rate of return on capital, designing and managing the optimal capital structure for an organization, determining an appropriate dividend policy, creating appropriate short term financing and working capital strategies, and evaluating domestic and global merger and acquisition opportunities including takeover and antitrust strategies. The student will integrate a biblical and ethical framework to help guide financial management decision-making. Prerequisite: FINC-525

Indiana Weselayan