LOWER DIVISION COURSE

FIN 240. Legal Environment of Business (3)
Business legal system, sources of law, social and ethical influences,
judicial and administrative systems, contracts, torts, bankruptcy,
agency, business organizations, securities regulation, regulation of property, and protection of intellectual property interests. (Formerly numbered Finance 140.)

UPPER DIVISION COURSES(Intended for Undergraduates)

FIN 300. Personal Finance (3)
Prerequisite: Upper division standing.Understanding and awareness of financial decisions students will make during their lives, and services and products available to them in implementing these decisions. This course is open to non-business majors.

FIN 321. Managerial Economics (3)
Prerequisite: Approved upper division business major, business minor, or another major approved by the College of Business Administration.
Role of economic analysis in management decisions. Study of demand, cost, supply theories from a business viewpoint. Emphasis on managerial decision making.

FIN 323. Fundamentals of Finance (3)
Prerequisite: Approved upper division business major, business minor, or another major approved by the College of Business Administration.
Proof of completion of prerequisite required: Change of major form or other evidence of acceptable major code.Objectives of financial management. Financing the business enterprise. Internal financial management. Introduction to the cost of capital, valuation, dividend policy, leverage, international finance, and the techniques of present value and its applications. Sources of capital.

FIN 325. Intermediate Finance (4)
Prerequisite: Finance 323 with minimum grade of C.Capital expenditure decision process. Measuring and evaluating benefits and costs. Cost of capital and the evaluation process. Capital rationing problems. Risk and uncertainty in decision process. Agency theory, option pricing, and arbitrage pricing in decision process.

FIN 326. Financial Institutions Management (3)
Prerequisite: Finance 323 with minimum grade of C.Management of financial institutions including savings and loan associations, mutual savings banks, credit unions, private pension plans, brokerage houses, investment companies, consumer credit institutions, federal credit agencies, and commercial banks. Emphasis
on internal financial management of these institutions.

FIN 327. Investments (3)
Prerequisite: Finance 323.Measures of risk and return. Methods of security analysis, valuation, and capital asset pricing model. Portfolio theory and management;
stocks, bonds, options, and futures; hedging; mutual funds and partnerships; and investment taxation.

FIN 328. Entrepreneurial Finance (3)
Prerequisite: Finance 323.Financial management tools and techniques over the stages of life cycle of a venture: development, start up, rapid growth and maturity. Linkages between market opportunity, competitive position, composition,
and sources of financing of the ventures.

FIN 329. International Business Finance (3)
Prerequisite: Finance 323.Foreign exchange markets and instruments; international financial institutions; trade and balance of payments; exchange rate behavior and currency-risk hedging: cross-border investment; applications to management of international business.

FIN 331. Real Estate Essentials (3)
Prerequisite: Completion of lower division course requirements in business major or minor.Fundamental operations of the real estate market; principles of real property valuation, financing, law, investment, brokerage, management,
and development.

FIN 333. Law of Real Property (3)
Prerequisite: Finance 331.Legal theory and practice of estates in land; landlord and tenant relationships; land transactions; mortgages and trust deeds; easements;
land use; ownership rights in land; environmental law.

FIN 335. Land Markets and Real Estate Analysis (3)
Prerequisite: Finance 331.Theory and analysis of land utilization. Location analysis and determinants of land use patterns. Real estate market behavior and economic growth. Basic real estate investment analysis. Public controls
and policies affecting land markets.

FIN 421. Portfolio Management and Security Analysis (3)
Prerequisite: Finance 327.Market efficiency. Risk and utility analysis. Portfolio theory. Security analysis under modern investment theory. Advanced debt management and options techniques. Financial options and futures. Asset allocation and performance evaluation. Limited partnership investment
analysis.

FIN 423. Financial Analysis and Management (4)
Prerequisites: Finance 321 and 325. Strongly recommended: Accountancy 326.Integration of various aspects of finance, application of financial theory. Financial decision making in the firm. Case study.

FIN 425. Business Forecasting (3)
Prerequisite: Finance 323.Business fluctuations; forecasting, and related problems confronting the business firm; forecasting techniques; specific forecasts. The use of forecasts in the firm.

FIN 427. Derivatives and Financial Risk Management (3)
Prerequisite: Finance 323.Introduce derivative instruments such as futures, options and swaps, nature of their markets and pricing methods. Applications of those instruments for hedging risks in equities, commodities, and exchange rates.

FIN 431. Real Estate Finance (3)
Prerequisite: Finance 331.Methods of financing real estate; sources of funds; governmental financial agencies; feasibility analysis for various types of properties.

FIN 433. Theory of Real Property Value (3)
Prerequisite: Finance 331.Introduction to theories of real property value. Techniques of value determination. Data analysis techniques.

FIN 435. Real Estate Investment Analysis (3)
Prerequisites: Finance 335 and Finance 431 or 433.Theories and methods of investment analysis applied to real estate. Integration of various aspects of real estate from the investors perspective. Use of computer models for investment decision making.

FIN 445. Estate Planning (3)
Prerequisite: Finance 323.Fundamentals of estate planning, social and family implications of federal/state taxation of transfers of wealth by gift or at death. Study of trusts, conservatorships, guardianship and postmortem planning. How planning is affected by business assets, employee benefits, and insurance.

FIN 522. Individual Insurance Management (3)
Prerequisites: Undergraduate: Completion of lower division requirements for the major. Graduate: Completion of prerequisite core.Economic, legal, social, and ethical considerations of individual, business and group insurance including life, health, property, and liability
insurance. Risk exposure and policy analysis.

FIN 523. Employee Benefit Planning (2)
Prerequisites: Undergraduate: Completion of lower division requirements for the major. Graduate: Completion of prerequisite core.Employee benefit and pension planning, including regulation and taxation issues.

FIN 589. Personal Financial Planning (3)
Prerequisite: Finance 323.Financial planning process including data gathering, cash flow and debt considerations, goal programming (including retirement and education funding), integration, plan formulation, and implementation. Practice management considerations including establishment of ethical and legal, client and professional relationships.