Finance

362 Global Environmental Sustainability and Asian Development (CSI, G) (Crosslisted with PSCI 262/362) See full course description in 262/362.

363 Global Responses to Climate Change (Cross-listed with PSCI 363) This course examines from a comparative perspective the effects of climate change in five different countries on five different continents (North America, Europe, Africa, Asia, South America) and how different governments and peoples in these countries are responding to rapidly changing ecological conditions. Offered in alternate years.

365 Ethical Dilemmas in Environmental Politics (AV) (Cross-listed with PSCI 365)

When can non-human claims trump human interests? Does humanism provide a coherent lens for resolving environmental issues? How do answers to these questions influence our answers to dilemmas in environmental politics such as how to weigh the value of biodiversity and whether to use cost/benefit analysis to evaluate and determine regulatory policy? Utilitarian, Kantian, Social Contract, and holistic theories are introduced as competing criteria for evaluating the risk of environmental harm caused by human development. Offered in alternate years. 367 Environmental Sociology (Cross-listed with SOC 367) Course considers the complex intersection between humans and nature by offering an examination of sociological perspectives on the environment. Students will deepen their environmental knowledge on topics including: environmental inequalities, the treadmill of production, environmental impact on identity construction, and the role of social movements in the development of policies. Offered in alternate years. 370 Special Topics An examination at the advanced level of selected environmental topics not covered in Environmental Studies courses. See current Program of Classes to determine if this course fulfills General Education requirements. Offered occasionally. 397 Internship Students may arrange an internship with an environmental-related agency. Prerequisites: ENST 100 and 230 or 120, declared major or minor in Environmental Studies, junior or senior standing, and consent of both the supervising faculty member and the Environmental Studies director. Offered each semester. 450 Independent Study Individual study in an area of interest relating to the environment. Student must devise a plan of study in cooperation with a supervising faculty member. Prerequisites: ENST 100 and 230 or 120, declared major or minor in Environmental Studies, junior or senior standing, and consent of the supervising faculty member and the Environmental Studies director. Offered each semester. 451 Independent Research and Writing (W) Individual study in an area of interest relating to the environment. In cooperation with a supervising faculty member, student must devise a plan of research which includes a significant writing project. Student must present this preliminary research proposal to a faculty member in writing, and receive the faculty member’s approval of the topic and consent to provide instruction in writing appropriate to the subfield of Environmental Studies. Prerequisites: ENST 100, 230 and 120 (or Biology 324), declared major or minor in Environmental Studies, junior or senior standing, and consent of the supervising faculty member and the Environmental Studies Director. Offered each semester. 480 Senior Seminar: Creating a Sustainable Society (W) A project-oriented course, in which students conduct professional research and writing in a real-world setting, and present their findings to the public. Acting as a consulting team, students bring together knowledge acquired in earlier coursework to tackle an environmental challenge in our community or in an overseas partner community. Prerequisite: Majors and minors with senior standing who have completed ENST 100, ENST/BIOL 120, and ENST 230 and at least two ES-approved courses at 300-level or above. Offered each fall. NOTE: For courses which receive credit in the Environmental Studies Program but are not cross-listed as ES courses, course descriptions may be found under the appropriate departments.

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FINANCE

Irons, Munenzon, Sun

Lower-level (100-200) courses in the department are open to all students. Upper-level (300-400) courses in the department are open to students not majoring in finance with consent of the department head; a small percentage of seats in each class is reserved to accommodate such students, but such students should follow the department’s closed course petitioning process. However, students not majoring in finance may take only one upper-level course in the department unless required to do so by a major outside the Department of Finance, or unless they receive permission from the department head.

IWU’s Finance major is designed to produce articulate, well-informed, responsible graduates who learn finance in a liberal art setting. We emphasize critical thinking and communication, two skills that are essential to success in any financial field. At IWU, the program centered on application for realworld problems and culminating in multiple real-world experiences including investing actual money. The major in finance prepares students for entrylevel positions in the field of finance, investments, and risk management. It also helps students develop the skills necessary to adapt to a changing and increasingly complex world. The study of finance is concerned with the management of money, investments, financial institutions, and analytical preparation for careers in a wide variety of profit-seeking business and not-forprofit agencies. See more at www.iwu.edu/finance.

The increasingly quantitative character of modern business practice suggests that students elect additional mathematics beyond that required for the major, and students considering graduate work in business should take at least one semester of undergraduate calculus. For many students, one or more computer science course may be appropriate. See the Computer Science section of this Catalog for course offerings.

Students seeking to matriculate into a major in finance should complete the following six courses by the end of their sophomore year: (1) Gateway Colloquium; (2) Mathematics 110, 176, or university credit for AP Calculus; (3) Economics 100: Introduction to Economics; (4) Economics 227: Statistics for Business and Economics; (5) Accounting 112: Accounting for Decision Making (I); and (6) Accounting 212: Accounting for Decision Making II. A grade of C- or higher must be earned in each of these courses. In addition, a student’s cumulative GPA in these six courses must equal or exceed 2.50. No student wishing to major in finance will be permitted to enroll in any upper-level course in the department, except Business Law I, prior to meeting these requirements.

Major Sequence in Finance:

A minimum of 12 course units, to include 1) ACC 112, 212, BUS 331, 341, 355, 490, FIS 303, and 309 2) Four course units from ECON 311, 352, FIS 300, 304, 305, 306, 307, 308, 370, 409, and 455 Other courses outside the department that finance majors are required to complete: 1) Mathematics 110, 176, or university credit for AP Calculus 2) Economics 100 3) Economics 227

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Finance

Minor Sequence in Finance:

The minor in Finance is designed for students who are in disciplines other than Accounting, Business Administration, Finance, or Marketing. It offers students in non-business fields an opportunity to complement their major with the study of various finance topics. The Finance minor helps students create value in any type of business, non-profit, or government organization. The minor will broaden a student’s learning experiences and professional opportunities by providing training in financial topics and analysis. A minimum of six courses to include: 1) ACC 112: Accounting for Decision Making I FIS 303: Financial Management ECON 227: Statistics for Business and Economics 2) Three additional courses selected from the following list: FIS 305: Financial Statement Analysis FIS 306: Cases in Financial Modeling FIS 308: Derivatives FIS 309: Investments FIS 409: Portfolio Management FIS 300: Seminar in Finance (may be repeated for different topics) FIS 370: Special Topics in Finance (may be repeated for different topics) FIS 304: Risk Management/Property-Liability FIS 307: Life/Health/Social Insurance

Minor Sequence in Finance for Business-Related Majors:

The minor in Finance for Business related majors is designed specifically for students majoring in business fields. The study of finance complements topics learned in each of these majors. A finance minor can give students important insights into valuation methods, portfolio management, corporate finance, financial analysis, financial planning, and other topics. The finance minor will explain how the use of financial statements reflect all major business activities and represent a business to the broader world. A minimum of five finance and economic courses chosen from the following: 1) FIS 303: Financial Management 2) FIS 304: Risk Management/Property-Liability Insurance 3) FIS 305: Financial Statement Analysis 4) FIS 306: Cases in Financial Modeling 5) FIS 307: Life/Health/Social Insurance 6) FIS 308: Derivatives 7) FIS 309: Investments 8) FIS 409: Portfolio Management 9) ECON 311: Money and Banking 10) ECON 352: International Finance 11) FIS 370: Special Topics in Finance (may be repeated for different topics) 12) FIS 300: Seminar in Finance (may be repeated for different topics FIS 200 Introduction to Risk Management and Insurance Exploration of behavior under uncertainty. Overview of personal and corporate exposure to risk. Examination of tools used to manage risk. Investigation of current topics in risk management and insurance. Offered each semester.

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Finance