Haworth College of Business: Department of Finance and Commercial Law

Finance (FIN) and Commercial Law (LAW) Courses

FIN 412 - FIN 498

FIN 4120 - Global Financial Markets (3 hrs)
This course covers the functions and operations of global financial markets. Securities markets, along with commercial and investment banking, will be studied. Consideration will be given to issues in international debt, equity, and derivative securities markets. Policy implications for investors as well as corporations and governments are included. Prerequisite: FIN 3100 and FIN 3200.

FIN 4140 - Management of Financial Institutions (3 hrs)
This course is devoted to in-depth analysis of the operations of selected financial institutions with emphasis on management decision-making processes. Case analysis and analytical problems are included in the course content. Prerequisite: FIN 3100.

FIN 4250 - Asset Management: Theory and Practice (3 hrs)
An analytical approach to the study of short term financial management. In connection with Treasury Management Association this course is the Certified Cash Manager Associate Program (CCMA). An emphasis is placed on the working capital topics specifically addressed in this program. In addition to the practical emphasis of the CCMA approach the course will include theoretical underpinnings of short term financial management utilizing cases and lectures to fully cover financial decision making, financial analysis, and forecasting. Prerequisite: FIN 3200.

FIN 4260 - Corporate Financing: Theory and Practice (3 hrs)
An analytical approach to the study of the concepts and theories underlying the financing decisions of business enterprises. Apart from this theoretical framework, the course includes cases covering financial decision-making processes in the areas of long-term financing decisions, financial structure, cost of capital, dividend policy, merger, reorganization and international financial management. Prerequisite: FIN 3200.

FIN 4320 - Real Estate Investments (3 hrs)
The effect of various forms of taxation, market conditions and governmental policies as they affect the investor's spendable income are reviewed. Prerequisite: FIN 3200 and FIN 3300 or consent of instructor.

FIN 4330 - Real Estate Appraisal (3 hrs)
A study of the sources of real estate value, the techniques for estimating property value, and the effective use of appraisal information. Prerequisite: FIN 3200 and FIN 3300 or consent of instructor.

FIN 4370 - Real Estate Management (3 hrs)
Management of income producing properties as an agent of the owner. Consideration of professional standards, business promotion, leasing, insurance and maintenance. Prerequisite: FIN 3200.

FIN 4420 - International Finance (3 hrs)
A study of contemporary problems in international finance. The course examines the international money markets, working capital considerations and capital budgeting problems as faced by the multinational corporation. Prerequisite: FIN 3200 or consent of instructor.

FIN 4480 - Internships (1-5 hrs)
Under the direction of a faculty advisor, students obtain employment experience with industrial, commercial, and financial enterprises (commercial banks, brokerage firms, etc.), with insurance companies or firms with an insurance division or department, or with a real estate firm or enterprises with a real estate department or division. Students are required to file periodic reports to the advisor. In addition, they are evaluated by the firm's executives. Available only to students majoring or minoring in finance, insurance, or real estate. No more than 3 hrs. can be used as credit toward a major or minor. Written consent of instructor and deportment chair is required.

FIN 4530 - Securities Analysis (3 hrs)
An analysis of stocks and bonds as investment vehicles. The course is designed as a sophisticated analysis of valuation techniques with a view towards aiding the student to bridge the gaps between techniques used by the academician and the practitioner. Prerequisite: FCL 3510.

FIN 4640 - Insurance Company Management (3 hrs)
The topics studied by means of cases and problems in this course include multiple-line insurance operations, special problems in functional areas of industry operations and personal and commercial risk surveys and analysis. Prerequisite: FIN 362.

LAW 4800 - Tort Law and Liability (3 hrs)
The study of individual and business rights and liabilities with respect to negligence, intentional wrongs, libel, misrepresentation, and insurance aspects thereof. Prerequisite: LAW 3800.

LAW 4820 - Management and Labor Relations Law (3 hrs)
A survey of laws affecting management-labor relations. The course examines general employer-employee relationships, emphasizing the hiring and firing of employees, employee benefit programs, workman's compensation laws, and civil rights rules and regulations. Prerequisite: LAW 3800.

LAW 4830 - Real Estate Law (3 hrs)
The study of land ownership, sales agreements, mortgages, land contracts, leases, zoning, condemnation and urban land development problems. Prerequisite: LAW 3800.

LAW 4840 - International Business Law (3 hrs)
A study of national, regional and international laws which affect the conduct of international business. An examination of the legal regulations which promote or restraint trade or investment by international business firms. Prerequisite: LAW 3800.

LAW 4850 - Governmental Regulations of Business (3 hrs)
Examines the laws, rules and regulations that affect most business enterprises. Substantive laws affecting the firm's obligation to employees, stockholders and the general public including securities regulation and insider trading, employment discrimination, and consumer protection are emphasized. Prerequisite: LAW 3800.

LAW 4860 - Marketing and Sales Law (3 hrs)
The course examines the law as it applies to the sale of goods, warranties affecting such sales and the methods of financing those sales. Legal obligations imposed upon and risks assumed by the seller are emphasized. Prerequisite: LAW 3800.

FIN 4940 - International Business Seminar (1-6 hrs)
A foreign study seminar designed for qualified and capable undergraduate students, graduate students, teachers and business executives. The seminar introduces participants to a firsthand knowledge of business operations abroad through on-site inspection of foreign manufacturing, marketing, financial, and governmental organizations, supplemented by coordinated faculty lectures and assigned reading. Students completing such a seminar may receive credit in the Departments of Accountancy, Business Information Systems, Finance and Commercial Law, Management, or Marketing, if approved by the head of the department prior to registration for the seminar.

Students may receive six hours credit in any combination of departments as described, provided the seminar is planned with that combination in mind. No student will receive credit under the course plan indicated here except for work done in seminars planned and conducted or approved by the Haworth College of Business.

FIN 4980 - Readings and Research in Finance and Commercial Law (1-3 hrs)
Directed individual study of finance or legal problems which are not treated in departmental course offerings. Prerequisite: Written consent of instructor and department chair is required.

Course Descriptions

Finance (FIN) and Commercial Law (LAW) Courses

FIN 412 - FIN 498