The University of Hawaii (UH) system offers a diverse range of finance courses, catering to students with varying levels of experience and interests. From introductory courses to specialized electives, the finance curriculum equips students with the analytical tools and theoretical frameworks necessary to succeed in the dynamic world of financial markets.
Introductory finance courses, often designated as FIN 200 or 300 level, provide a foundational understanding of core concepts. Students learn about financial statements, time value of money, risk and return, valuation of stocks and bonds, and capital budgeting techniques. These courses typically emphasize quantitative analysis and problem-solving, utilizing spreadsheets and financial calculators. They serve as prerequisites for more advanced finance coursework.
Intermediate finance courses build upon the foundational knowledge gained in introductory classes. Common offerings include corporate finance, investment management, and financial institutions. Corporate finance delves into the financial decisions made by companies, such as capital structure, dividend policy, and mergers and acquisitions. Investment management explores portfolio theory, asset allocation, and security analysis, preparing students for careers in portfolio management or investment banking. Financial institutions examines the role of banks, insurance companies, and other financial intermediaries in the economy, covering topics such as risk management, regulation, and financial innovation.
Advanced finance courses allow students to specialize in specific areas of interest. Examples include international finance, derivatives, real estate finance, and behavioral finance. International finance examines the complexities of cross-border financial transactions, exchange rate risk, and global investment strategies. Derivatives focuses on the pricing and hedging of options, futures, and other derivative instruments. Real estate finance explores the financing and investment aspects of real estate, including mortgage markets, property valuation, and real estate investment trusts (REITs). Behavioral finance incorporates psychological insights into the understanding of financial decision-making, challenging traditional assumptions about rationality and market efficiency.
Beyond traditional coursework, UH finance programs often incorporate experiential learning opportunities. Internships with local financial institutions, investment firms, or government agencies provide students with valuable real-world experience and networking opportunities. Student-managed investment funds allow students to apply their knowledge in a practical setting, managing a real portfolio of assets. Case studies and simulations provide students with the opportunity to analyze complex financial problems and develop effective solutions.
The finance faculty at UH typically consists of experienced academics and industry professionals who are passionate about teaching and research. They bring a wealth of knowledge and practical insights into the classroom, providing students with a well-rounded education. Many faculty members are actively engaged in research, contributing to the advancement of knowledge in the field of finance.
A finance degree from UH can open doors to a wide range of career opportunities in areas such as investment banking, corporate finance, financial planning, portfolio management, and real estate. Graduates find employment in both the public and private sectors, working for large corporations, small businesses, government agencies, and non-profit organizations. The strong analytical skills and financial acumen developed through UH’s finance courses are highly valued by employers across various industries.