Haworth College of Business: Department of Finance and Commercial Law

FIN 3100 - Introduction to Financial Markets (3 hrs)

A survey of financial markets and intermediaries with emphasis on their structure, social justification, and current status. This course provides additional background for advanced study in finance and a practical foundation for those students interested in an exposure to the financial system. Prerequisite: ACTY 2100.

FIN 3200 - Business Finance (3 hrs)

Presents a basis for understanding the financial management function of the business enterprise. Considers financial principles and techniques essential for planning and controlling profitability and liquidity of assets, planning capital structure and cost of capital, and utilizing financial instruments and institutions for capital raising. Prerequisites: MATH 2160 and ACTY 2100.

FIN 3300 - Real Estate Fundamentals (3 hrs)

Supplies the basis for comprehension of the basic economic characteristics and the organization and techniques used in the real estate business. Treats real estate resources, marketing, financing, valuation, and trends.

FIN 3310 - Real Estate Finance (3 hrs) Considers the field of real estate finance from the viewpoint of sources of funds, various real estate contracts, valuation techniques, appraisals of residential and income properties and the various aspects of risk analysis in real estate.Prerequisite: FIN 3200 and FIN 3300, or consent of instructor.

FIN 3410 - E-Finance (3 hrs)

The global electronic marketplace is causing a dramatic change in financial practices. Thus, it is necessary to understand the implications of these changes on the economic structure of financial markets and more specifically how these changes are affecting all areas of finance: corporate, investments, markets and institutions, international, personal financial planning, insurance and real estate. This course provides a framework for meeting the challenges posed by this new technology. Students demonstrate proficiency through technology-related projects, exams and team presentations. Prerequisite: FIN 3200

FIN 3420 - Entrepreneurial Finance (3 hrs) This course provides an understanding of the financial decision-making process facing entrepreneurs in small business firms. The course is conducted on a lecture-case discussion basis. Among the topical areas covered are the following: financial sources available, working capital management, capital budgeting, assessment of risk and valuation techniques. These and other areas are treated from the viewpoint of the entrepreneur in a small business setting. Prerequisite: FIN 3200

FIN 3450 - Computer Applications in Finance (3 hrs) The applications of quantitative analysis to finance. Emphasis will be placed on the techniques available in financial decision making, determination of financial relationships, and financial forecasting. Applications in corporate financial management, investment analysis, and financial institutions. Prerequisite: FIN 3200.

FIN 3510 - Investment Analysis (3 hrs)

A survey of the securities markets from the viewpoint of the novice investor. This course includes a study of market operations, trading techniques, special investment vehicles such as options and warrants, and a consideration of the investment objectives and practices of institutional investors. Prerequisite: FIN 3200 or consent of instructor.

FIN 3600 - Risk and Insurance (3 hrs)

A comprehensive course which considers the nature and orientation of insurance risks and their management. Major business and personal risks are analyzed and their insurance treatment evaluated, as are the functional aspects of insurer operations. The impact of insurance on public policy is also considered. Prerequisite: FIN 3200.

FIN 3710 - Personal Financial Planning (3 hrs) This course covers the various elements of the financial planning process. Topics include Risk Management, Investment Planning, Tax Planning, Retirement Planning, and Estate Planning, as well as technological innovations in the financial services industry. Prerequisite: FIN 3200.

FIN 3720 - Estate Planning (3 hrs)

This course examines legal, financial, and practical considerations in the creation, management, and conservation of an estate. Various types of property interest (joint tenancy, tenancy in common, community property) are reviewed. The use of revocable and irrevocable trusts, gifts, powers of attorneys, retirement and custodial accounts are discussed. The influence of federal estate and gift and state taxation rules on estate planning techniques is examined. Prerequisite: FIN 3200.

FIN 3730 - Retirement Planning and Retirement Benefits (3 hrs)

This course covers all the major retirement-related issues. Retirement plan design, social security, Medicare and similar plans are studied. In addition, group life, health, and disability insurance, non-qualified deferred compensation; and other commonly-provided employee plans are examined. Prerequisite: FIN 3200.

LAW 3800 - Legal Environment (3 hrs)

An introduction to the legal environment in society. An examination of the role of law in society, the structure of the American legal system and the basic legal principles governing individual conduct.

LAW 3810 - Ecology and the Law (3 hrs) The study of law as it relates to people's efforts to protect the environment. Included will be an examination of traditional common law principles and federal and state statutes relating to environmental protection, analysis of recent cases, and discussion of techniques for the effective use of administrative procedures of the various environmental protection agencies.

LAW 3820 - Business Law (3 hrs)

The study of law affecting common business transactions. The course examines the formation and performance of contracts, basic types of property interests, and key aspects of laws affecting commercial paper. Sales law, creditor-debtor relationships, and estate planning laws are briefly discussed. Prerequisite: LAW3800.

LAW 3830 - Commercial Law (3 hrs)

The study of law affecting the organization and operation of business firms. Organizational concerns focus on partnership and corporation laws and regulations affecting the issuing and sale of corporate securities. The agency relationship and related laws that affect the operation of business activities are also examined. Prerequisite: LAW 3800.

LAW 3840 - Criminal Law and Procedure (4 hrs)

This course surveys the laws and procedures underlying the American criminal justice system. After an introduction to the philosophy and sources of criminal law, the course investigates the legal definition of particular crimes and studies their elements. Legal procedures from arrest, through pre-trial and trial phases, to sentencing, probation and parole are also considered, together with relevant evidentiary topics. Prerequisite: SOC 4620 or PSCI 3250 or LAW 3800 or consent of Instructor.

LAW 3850 - E-Business Law (3 hrs)

This course examines the legal aspects of electronic business. Law is an essential part of any study of electronic business since law provides three types of infrastructure required for any economic system to function, including electronic business. First, law defines what is property (i.e. the objects of trade and ownership--without property definitions, the whole idea of business falls apart.) Second, law pays an integral part in the creation of a secure system of payment for the purchase items on the Internet. Finally, law provides an enforcement mechanism needed to punish transgressions of the substantive rules that govern electronic business. This course will also examine ethical concerns involved in electronic business. Prerequisite: LAW 3500 or LAW 3800 To Top

Course Descriptions