Courses
Twelve credit hours are required for this certificate. Students must achieve a grade of B- or better (with a cumulative 3.0 GPA) to earn academic credit toward the certificate. No transfer credits or course substitutions will be accepted for this program. The courses must be completed within three years of starting the certificate program to be applied toward the certificate requirements. Certificate program classes will be completed as online courses. Current graduate students at NC State may not dual enroll into this certificate (exception – Jenkins MBA students).
Required Courses:
MBA 501 - Financial Accounting for Decision Makers
Units: 1
Methods used by accountants record to economic events such as operating, investing, and financing activities, in the income statement, balance sheet, and statement of cash flows. Analysis of financial statements and disclosures. Impact of accounting standards and managerial incentives on the financial reporting process. Restricted to MBA students.
Offered in Fall and Spring
MBA 520 - Financial Management of Corporations
Units: 2
Financial decision making at profit-motivated businesses: decisions about what to produce and how and decisions about how to finance the assets needed for production. Cash as the basis of asset valuation. Capital budgeting decisions under certainty and uncertainty. Capital market theory. Cost of capital. Bond and stock valuation. Restricted to MBA students.
Offered in Fall and Spring
Elective Courses - select one from the following list:
MBA 521 - Advanced Corporate Finance
Units: 3
Overview of financial management. Evaluation of projects and valuation of real assets using traditional discounted cash flow analysis and real options. Role of financial leverage; optimal capital structure. Conflicts between security holders and management; stockholder-bondholder conflicts; financial distress, bankruptcy and reorganization; corporate control and restructuring; corporate governance issues.
Offered in Spring Only
MBA 522 - Financial Modeling
Units: 3
This course examines models for capital budgeting, equity and bond valuation, capital structure, dividend policy, among other topics, using spreadsheet analyses. The course will take a very hands-on approach in building spreadsheet models. The course also includes sensitivity analysis, pro-forma analysis and using financial statements.
Offered in Fall Only
MBA 523 - Investment Theory and Practice
Units: 3
Advanced topics in investments with a focus on underlying theory and practical application using real world data. Stock valuation models, bond valuation, derivatives, portfolio performance evaluation, investment strategies, efficient market theory and other current issues in investment finance.
Offered in Fall and Spring
MBA 524 - Equity Valuation
Units: 3
Advanced quantitative course on applied equity valuation. Students conduct stock valuation analysis which is then used to select stocks for the student-managed SunTrust MBA fund. Topics include the investment decision making process, empirical evidence on securities returns, forecasting financial statements, industry and macro-economic analysis, valuation models, portfolio performance evaluation and performance attribution. Students will also learn how to write computer programs using SAS software in order to generate statistical tests of investment strategies using "big financial data."
Offered in Spring and Summer
MBA 526 - International Finance
Units: 3
Theory and practice of financial management in the international arena, including spot and forward markets for foreign exchange, currency futures and options contracts, international arbitrage conditions, foreign exchange exposure, foreign trade financing instruments, direct and portfolio investment abroad, and the role of country risk in determining investments.
Offered in Fall Only