3000

Introduction to the principles of personal financial planning including strategies for saving, investing, insurance, credit management, and home ownership and their corresponding interrelationship in providing comprehensive personal financial planning.

An introduction to the principles of financial management including the role of the financial manager, cash flow, capital budgeting, planning for profits, financing, and financial decision-making. Prerequisites: BACC 2311.

A study of the development and economic role of commercial banks and financial institutions, the role of monetary theory, the Federal Reserve System and monetary policy, and the instruments and functions of international finance. Prerequisites: BECO 2311 and BECO 2312.

Principles of real estate, finance, brokerage, regional economics, building and construction, marketing, appraising, and real estate law. Prerequisite: BFIN 3311.

Methods to identify and control the risks facing individuals and businesses are revealed. The topics covered include risk analysis, loss prevention, self-insurance, and various other insurance and financial alternatives to reduce the organization's risk of loss. This course reviews the financial risks that individuals and business face and how they can manage these risks, including the utilization of insurance solutions. This course also reviews the taxation of insurance benefits and how taxation should affect a financial planner’s decision to recommend insurance solutions under certain circumstances. Prerequisite: BFIN 3311

An advanced study of short-term financial management which includes the topics of financial planning, cash management, credit management, short-term financing, leasing, and financial statement analysis. An advanced study of the acquisition and utilization of long-term capital will include the topics of capital structure, capital budgeting, mergers and acquisitions, valuation, and dividends. Prerequisite: BFIN 3311. Majors and Minors only.

Additional discussion in the areas of lease financing, investment banking, hybrid financing, inventory and credit management, derivatives and risk management, mergers and divestitures, pension plan management, short-term financing, and other related topics. Finance majors only.