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Field Guide UT Austin

FIN 357Upper division3 credit hours

FIN 357 Business Finance

Since 2011, FIN 357 has averaged 3.05 with 21% A’s. In Spring 2026 it averaged 3.05, below the 3.42 average for undergraduate FIN classes that term.

Registration details

Before you register

Listed for Spring 2027 · UT’s published schedule

UT prerequisites and restrictions
Prerequisites
Credit or registration for Accounting 312 or 312H; and Statistics 301 or 301H.
Who can take it
Restricted to students in the McCombs School of Business.

Check sections and seatsRelated courses

Catalog edition
2026–27
Class hours a week
3
Grading
Letter grade only
Repeat for credit
No

Grade distribution

Spring 2026: 641 letter grades, 3.05 average GPA, 28% A’s, 15 sections

Bars show the selected term. Short lines show all terms combined.

Grade counts
GradeStudentsShareAll terms
A18128.2%21.4%
A−10917.0%15.7%
B+639.8%15.7%
B8112.6%15.1%
B−477.3%10.1%
C+406.2%6.5%
C385.9%5.9%
C−223.4%3.4%
D+152.3%1.9%
D172.7%1.8%
D−132.0%1.2%
F152.3%1.4%
Q, W, CR, and others80Not in the average

How have grades changed?

UT’s grade reports show 46 terms from Summer 2011 to Summer 2026 (15 falls, 15 springs, and 16 summers).

Spring 2026 3.05 average · 28% A’s · 641 grades
FIN 357 average GPAAll undergraduate FIN classesLetter grades each term
Grades by term
TermSectionsLetter gradesAverage GPAA’s
Summer 202631143.1440.4%
Spring 2026156413.0528.2%
Fall 2025156643.0726.4%
Summer 202521253.0119.2%
Spring 2025146072.9824.5%
Fall 2024145983.0325.3%
Summer 202421042.9421.2%
Spring 2024145422.9231.0%
Fall 2023136013.0324.5%
Summer 20231522.535.8%
Spring 2023144583.0330.8%
Fall 2022115283.0521.6%
Summer 20224652.8527.7%
Spring 2022135143.0021.2%
Fall 2021114543.0121.6%
Summer 20215972.9612.4%
Spring 2021123803.5036.1%
Fall 2020114273.1321.5%
Summer 202041423.3031.7%
Spring 2020133143.5639.8%
Fall 2019124763.0014.9%
Summer 20193752.8516.0%
Spring 2019145403.0217.4%
Fall 2018134733.0014.2%
Summer 20183712.9018.3%
Spring 2018146283.0215.6%
Fall 2017134573.0315.3%
Summer 201731013.0015.8%
Spring 2017146273.0216.6%
Fall 2016124313.0217.9%
Summer 20163923.0027.2%
Spring 2016126713.0815.9%
Fall 2015115023.0616.1%
Summer 201531153.1220.0%
Spring 2015105793.1623.1%
Fall 2014114962.9720.2%
Summer 20143983.1625.5%
Spring 201495373.0116.6%
Fall 2013105283.0820.5%
Summer 20133983.0819.4%
Spring 2013104933.1221.5%
Fall 2012105732.9916.6%
Summer 201231193.1026.9%
Spring 201263392.9411.8%
Fall 2011106262.9916.8%
Summer 20112943.2822.3%

What’s FIN 357 about?

Principles of finance, with application to all aspects of the business firm; particular attention to cost of capital, investment decisions, management of assets, and procurement of funds. Only one of the following may be counted: Finance 320F, 357, 357H. Three lecture hours a week for one semester.

What do the syllabi ask you to do?

Spring 2019 · Michael Sury

Section 03324 · Read this syllabus · Summary checked November 4, 2026

This older section combined exam preparation with regular software-based homework and an in-class spreadsheet case. Use it as an example of course structure, then read your own term’s syllabus before buying materials.

How the grade is decided
Three noncumulative exams carry 25% each. The remaining 25% comes from Connect homework (5%), iClicker quizzes (5%), problem-solving quizzes and exercises (10%), and an Excel valuation case (5%).
Assignments
The syllabus drops the two lowest homework scores and five lowest iClicker scores. The valuation exercise is completed in class. Required Connect problems give repeated practice before the exams.
Required materials
This section required Fundamentals of Corporate Finance, 12th edition, a Connect access code, and a calculator with financial functions. Phones and online calculators were not allowed during exams.

These summaries describe the named sections and terms. Read your section’s syllabus for its current grading rules and materials.

Prepare for class

  • Cost of capital
  • Investment decisions
  • Asset management
  • Financing

Review · Review present value and the difference between a project's cash flows and its financing.

Self-check · A project costs $100 now and returns $110 in one year. What is its net present value at a 10% discount rate?

Show the answer

$0. The future $110 is worth $100 today, which exactly offsets the initial cost.

Source for the course topics

Instructors and course documents

Open a term for section numbers and syllabi.

Spring 2019 · Heidi Toprac · 1 section
Spring 2019 · James Miller · 3 sections
Spring 2019 · Mary Poloskey · 4 sections
Spring 2019 · Michael Sury · 2 sections
Spring 2019 · Nathaniel Pancost · 2 sections
Spring 2019 · Robert Duvic · 2 sections
Earlier terms and instructors (95)
Fall 2018 · James Miller · 4 sections
Fall 2018 · Mary Poloskey · 3 sections
Fall 2018 · Ramesh Rao · 2 sections
Fall 2018 · Robert Duvic · 2 sections
Fall 2018 · Woochan Kim · 2 sections
Summer 2018 · Lee Seltzer · 1 section
Spring 2018 · James Miller · 4 sections
Spring 2018 · Mary Poloskey · 3 sections
Spring 2018 · Michael Sury · 1 section
Spring 2018 · Nathaniel Pancost · 2 sections
Spring 2018 · Robert Duvic · 2 sections
Spring 2018 · Woochan Kim · 2 sections
Fall 2017 · Ari Kang · 2 sections
Fall 2017 · Heidi Toprac · 1 section
Fall 2017 · James Miller · 4 sections
Fall 2017 · Mary Poloskey · 3 sections
Fall 2017 · Michael Sury · 1 section
Fall 2017 · Robert Duvic · 2 sections
Spring 2017 · Casey Dougal · 4 sections
Spring 2017 · Heidi Toprac · 1 section
Spring 2017 · James Miller · 4 sections
Spring 2017 · Mary Poloskey · 3 sections
Spring 2017 · Robert Duvic · 2 sections
Fall 2016 · Daniel Rettl · 4 sections
Fall 2016 · Heidi Toprac · 2 sections
Fall 2016 · James Miller · 4 sections
Fall 2016 · Mary Poloskey · 1 section
Fall 2016 · Robert Duvic · 1 section
Summer 2016 · Heidi Toprac · 1 section
Summer 2016 · Mary Poloskey · 2 sections
Spring 2016 · Alessandro Previtero · 2 sections
Spring 2016 · James Miller · 3 sections
Spring 2016 · Mary Poloskey · 4 sections
Spring 2016 · Robert Duvic · 3 sections
Fall 2015 · Ari Kang · 2 sections
Fall 2015 · Heidi Toprac · 2 sections
Fall 2015 · James Miller · 3 sections
Fall 2015 · Mary Poloskey · 2 sections
Fall 2015 · Robert Duvic · 2 sections
Summer 2015 · Heidi Toprac · 1 section
Spring 2015 · Beverly Hadaway · 1 section
Spring 2015 · Gregory Alves · 1 section
Spring 2015 · Mary Poloskey · 3 sections
Spring 2015 · Robert Duvic · 1 section
Spring 2015 · Stuart Webb · 3 sections
Spring 2015 · Warren Hahn · 1 section
Fall 2014 · Ari Kang · 2 sections
Fall 2014 · James Lowery · 2 sections
Fall 2014 · Mary Poloskey · 2 sections
Fall 2014 · Robert Duvic · 3 sections
Fall 2014 · William Way · 2 sections
Summer 2014 · Parth Venkat · 1 section
Summer 2014 · Yue Sun · 1 section
Summer 2014 · Zesong Liu · 1 section
Spring 2014 · Mary Poloskey · 2 sections
Spring 2014 · Robert Duvic · 4 sections
Spring 2014 · Stuart Webb · 3 sections
Fall 2013 · Ari Kang · 1 section
Fall 2013 · Beverly Hadaway · 1 section
Fall 2013 · James Lowery · 3 sections
Fall 2013 · Robert Duvic · 3 sections
Fall 2013 · William Way · 2 sections
Summer 2013 · Heidi Toprac · 1 section
Spring 2013 · Denys Maslov · 1 section
Spring 2013 · Irem Demirci · 1 section
Spring 2013 · James Miller · 3 sections
Spring 2013 · Nicholas Crain · 1 section
Spring 2013 · Robert Duvic · 3 sections
Fall 2012 · Beverly Hadaway · 1 section
Fall 2012 · Heidi Toprac · 1 section
Fall 2012 · James Miller · 1 section
Fall 2012 · Mary Poloskey · 2 sections
Fall 2012 · Robert Duvic · 3 sections
Fall 2012 · William Way · 2 sections
Summer 2012 · Heidi Toprac · 1 section
Summer 2012 · Jordan Nickerson · 1 section
Summer 2012 · Mitch Towner · 1 section
Spring 2012 · Heidi Toprac · 1 section
Spring 2012 · Mary Poloskey · 1 section
Spring 2012 · Robert Duvic · 4 sections
Fall 2011 · James Miller · 3 sections
Fall 2011 · Mary Poloskey · 2 sections
Fall 2011 · Robert Duvic · 3 sections
Fall 2011 · William Way · 2 sections
Summer 2011 · Bomi Lee · 1 section
Summer 2011 · Chang Mo Kang · 1 section
Spring 2011 · Andrew Koch · 1 section
Spring 2011 · James Miller · 1 section
Spring 2011 · Mary Poloskey · 2 sections
Spring 2011 · Robert Duvic · 4 sections
Fall 2010 · Garry Twite · 1 section
Fall 2010 · James Miller · 4 sections
Fall 2010 · Mary Poloskey · 1 section
Fall 2010 · Robert Duvic · 3 sections
Fall 2010 · William Way · 3 sections

Search UT’s public syllabus and CV index

Instructor evaluations

UT posts its course evaluation results as one public list per term. Open a term and look for FIN 357 in it: Spring 2026 · Fall 2025 · Summer 2025 · Spring 2025.

UT’s CES ratings search · Results before Fall 2022 · Syllabi and evaluations for FIN 357

The guide links UT’s own results and copies no numbers.

What comes before and after?

Sources

The Spring 2027 listing comes from UT’s printed schedule, checked November 9, 2026.

Class details come from UT’s Finance catalog page, 2026–27 edition, checked October 27, 2026. Match requirements to your own catalog and degree plan.

Grades come from UT’s grade dashboard, updated October 27, 2026. UT leaves out some small classes to protect students’ privacy.

Each letter grade counts once. A− has its own bar. Subject averages cover the same subject, level, and term, including this class. How the averages are calculated.

Instructors and syllabus links come from UT’s public syllabus index, checked October 27, 2026.

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