Department of Finance and Economics

Economics

This major is designed to give the student in business administration a broad knowledge of economic tools to provide a foundation for careers in business, economics, finance, or law.

Economics Major Without an Area of Emphasis

An economics major exposes the student to the different areas of economics. Because of the breadth of this degree, it allows maximum flexibility and prepares graduates to enter a wide variety of occupations or attend professional or graduate school in business, economics, finance, government, or law. Economics majors also have the option of receiving either the Bachelor of Arts or the Bachelor of Business Administration degree.

Emphasis in International Business

This curriculum prepares the student to access and respond to opportunities and problems of international trade, international finance, multinational markets, and multinational organizations.

Finance

Study in this area develops familiarity with the institutions and instruments within our financial system and an understanding of the problems of financing business activity. The finance major includes the study of the techniques and tools for solving financial problems. The curriculum is flexible, exposing students to general areas of applied financial management.

Finance and Economics Minors

ECON   2105   Economics in a Global Society

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to the major institutions of developed economies, current events, and the challenges of globalization; particularly emphasizes informed decision-making about issues of the aggregate economy in a global setting.

Cross Listing(s): ECON   2105H and ECON   2105S.

ECON   2105H   Economics in a Global Society

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to the major institutions of developed economies, current events, and the challenges of globalization; particularly emphasizes informed decision-making about issues of the aggregate economy in a global setting.

Cross Listing(s): ECON   2105 and ECON   2105S.

ECON   2105S   Economics in a Global Society

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to the major institutions of developed economies, current events, and the challenges of globalization; particularly emphasizes informed decision-making about issues of the aggregate economy in a global setting.

Cross Listing(s): ECON   2105 and ECON   2105H.

ECON   2106   Business Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Analyzes the behavior of firms, workers, and consumers in perfectly competitive and imperfectly competitive markets. Particular emphasis is placed on firm behavior and how it is affected by the characteristics of the market.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON   2106S, ECON   2106H.

ECON   2106H   Business Economics Honors

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Analyzes the behavior of firms, workers, and consumers in perfectly competitive and imperfectly competitive markets. Particular emphasis is placed on firm behavior and how it is affected by the characteristics of the market.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON   2106 or ECON   2106S.

ECON   2106S   Business Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Analyzes the behavior of firms, workers, and consumers in perfectly competitive and imperfectly competitive markets. Particular emphasis is placed on firm behavior and how it is affected by the characteristics of the market.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON   2106, ECON   2106H.

ECON   3131   Intermediate Macroeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The study of forces which determine the level of income, employment, inflation, interest rates, output with particular attention to the effects of government monetary and fiscal policy.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   3132   International Trade

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of international trade both in theory and practice. The course will cover standard trade theory models from Ricardo to Hecksher-Ohlin, including criticism of the theories. Provides students with the tools necessary to analyze trade and the likely impact of trade on domestic economic policy. Course will focus on microeconomic trade issues.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3132S.

ECON   3132S   International Trade

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of international trade both in theory and practice. The course will cover standard trade theory models from Ricardo to Hecksher-Ohlin, including criticism of the theories. Provides students with the tools necessary to analyze trade and the likely impact of trade on domestic economic policy. Course will focus on microeconomic trade issues.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3132.

ECON   3231   Intermediate Microeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to major institutions. Household decision making and consumer demand. Production, cost and the firm's supply decision. Market structures, market failures and the appropriate role of government policy.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3231S.

ECON   3231S   Intermediate Microeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The market mechanism and its relationship to major institutions. Household decision making and consumer demand. Production, cost and the firm's supply decision. Market structures, market failures and the appropriate role of government policy.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   3231.

ECON   3232   International Macroeconomics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Studies macroeconomic relationships and policies in an open economy. Examines the balance of payments, the foreign exchange market, exchange-rate determination under alternative exchange-rate regimes, and international financial and monetary systems from the macroeconomic perspective.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4030   Special Topics in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that allows students to pursue further study in a specific topic. Topics for the course may include, but not limited to, sports economics, behavioral and experimental economics, economics of social issues, history of economics thought, game theory, or resource economics.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4030S.

ECON   4030S   Special Topics in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that allows students to pursue further study in a specific topic. Topics for the course may include, but not limited to, sports economics, behavioral and experimental economics, economics of social issues, history of economics thought, game theory, or resource economics.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4030.

ECON   4131   Applied Econometrics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The course presents essential methods and tools of empirical analysis used in applied economics. The central theme is estimation and evaluation of regression models and interpretation of the results. Basic guidance on using a leading econometric software package for these purposes is provided.

Prerequisite(s): A minimum grade of "C" in BUSA   3131 or STAT   2231 and ECON   2106 and Senior Standing or permission of department chair.

ECON   4331   Money and Banking

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of money, banking, and financial markets with particular emphasis on the impact that monetary policy has on business decision making.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4331S.

ECON   4331S   Money and Banking

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of money, banking, and financial markets with particular emphasis on the impact that monetary policy has on business decision making.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4331.

ECON   4332   Labor Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of wage and employment determination in the labor market. Topics include discrimination, human capital development, labor union, and unemployment.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4333   Managerial Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Presents the theory of the firm as an aid to business decision-making, examines the employment relationship and incentive structures within and among firms, the make -or-buy decision, and the problems arising from incomplete contracting and opportunism.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4333S.

ECON   4333S   Managerial Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Presents the theory of the firm as an aid to business decision-making, examines the employment relationship and incentive structures within and among firms, the make -or-buy decision, and the problems arising from incomplete contracting and opportunism.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

Cross Listing(s): ECON   4333.

ECON   4334   Transportation Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Provides students with the basic economic analysis of transportation, including the economic theories of transportation and location of economic activity, the history and current status of government regulation of transportation activities, and empirical analysis of the behavior of the transportation industries.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4335   Public Finance and Public Policy

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of the role of government in a market economy, how governments can efficiently allocate expenditures among the various members of society, the government decision-making process, cost-benefit analysis, government expenditures, and the effects and incidence of taxation. The focus of the course is on the federal government. The course also examines various public policy issues, such as welfare to work programs, health care, and Social Security.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4336   Industrial Organization and Regulation

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

An introduction to the scientific study of imperfectly competitive markets. Topics include the causes of market imperfections (economics of scale, barriers to entry, etc.), behavioral and performance responses by firms to market imperfections, and government policy responses to market imperfections (antitrust law and regulation).

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4337   Environmental Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course will apply the basic principles of microeconomics to analyze a variety of environmental and natural resource policy problems. We will examine the causes of natural resource and environmental problems, the consequences of these problems, and measures for dealing with them. We will examine many real environmental and resource problems, including but not limited to, the depletion of oceanic fisheries, tropical deforestation, acid rain, pollution control, and endangered species.

Prerequisite(s): A minimum grade of "C" in ECON   2106.

ECON   4338   Health Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course will apply the basic principles of microeconomics and statistics to health and health care markets. Topics addressed using economic theory and empirical methodology include the demand and supply of health care, health care market imperfections, and roles and behavior of physicians, hospitals, health insurers, and the government.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106 and BUSA   3131 or STAT   2231.

ECON   4339   Economic Analysis of the Law

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course examines the effects of legal rules on economic performance. The incentives for individual and firm behavior encompassed in legal rules are analyzed. Topics include legal systems and the economic analysis of property, torts, contracts, corporations, and criminal behavior.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4431   Economic Development

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course examines the economic and social challenges faced by rural areas of the United States and developing countries. The main concern is on what resources rural economies have, and how these resources can be used to sustain economic development. Special attention is given to economic development strategies that emphasize equity in distribution as a goal as well as access to resources by a wide cross-section of citizens.

Prerequisite(s): A minimum grade of "C" in ECON   2105 and ECON   2106.

ECON   4437   Regional and Urban Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course provides an overview of urban and regional economics, including the theories of regional growth and urban development. It also provides a framework for understanding regional economic development and the regional development planning process.

Prerequisite(s): A minimum grade of "C" in ECON   2106.

Cross Listing(s): ECON   4437S.

ECON   4437S   Regional and Urban Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course provides an overview of urban and regional economics, including the theories of regional growth and urban development. It also provides a framework for understanding regional economic development and the regional development planning process.

Prerequisite(s): A minimum grade of "C" in ECON   2106.

Cross Listing(s): ECON   4437.

ECON   4534   Commercial Risk Management and Insurance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course involves property and liability risks and the effective management of these risks with insurance. Application of property insurance to pure risk exposures including direct and indirect property. Application of liability insurance to general liability and catastrophic liability risks. Current topics in the field of commercial property and liability insurance.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): FINC   4534.

ECON   4631   Eagles on Wall Street

3 Credit Hours.   1 Lecture Hour.   0 Lab Hours.

This course will introduce students to the important topics of Wall Street finance, investment banking, and the financial markets of New York City. Students will meet with executives from the world’s most prestigious banking, investment, and financial services firms. Because New York City (NYC) is one of the most important financial centers in the world, the location and setting will provide an excellent backdrop for the topics covered. Furthermore, NYC offers many venues that can be visited by the class to illustrate and reinforce the concepts discussed in the classroom. The classroom portion of the course will give students a broad overview of different sectors of the financial world while the travel portion will provide a chance for students to network with established professionals. Students could easily use this experience as a starting point to launch a Wall Street career. Regardless of a student’s intended career path, this course will broaden horizons and introduce students to the many opportunities available on Wall Street and in the field of finance. Expenses specific to the travel portion of the course may vary.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): FINC   4631.

ECON   4790   Internship in Economics

3-6 Credit Hours.   0 Lecture Hours.   0 Lab Hours.

The student is to work with/for a manager of the enterprise in a management training or special projects capacity. Management level responsibilities and duties are expected of the student.

ECON   4830   Special Problems in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that is under the direction of a faculty sponsor. It allows students to pursue farther study in a specific topic. Topics for the course may include, but are not limited to, sports economics, behavioral economics, economics of social issues, history of economic thought, or resource economics.

Prerequisite(s): Junior standing.

Cross Listing(s): ECON   4830S.

ECON   4830S   Special Problems in Economics

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that is under the direction of a faculty sponsor. It allows students to pursue further study in a specific topic. Topics for the course may include, but are not limited to, sports economics, behavioral economics, economics of social issues, history of economic thought, or resource economics.

Prerequisite(s): Junior standing.

Cross Listing(s): ECON   4830.

ECON   4890   Directed Study in Economics

1-3 Credit Hours.   1-3 Lecture Hours.   0 Lab Hours.

Designed for independent study and research in selected areas of economics under faculty supervision.

Prerequisite(s): Permission of Department Chair.

Cross Listing(s): ECON   4890S.

ECON   4890S   Directed Study in Economics

1-3 Credit Hours.   1-3 Lecture Hours.   0 Lab Hours.

Designed for independent study and research in selected areas of economics under faculty supervision.

Prerequisite(s): Permission of Department Chair.

Cross Listing(s): ECON   4890.

ECON   5131   Teaching Economics K-12

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Prerequisite(s): A minimum grade of "C" in ECON   2105.

Cross Listing(s): ECON 5131G.

FINC   3130   Financial Tools and Methods

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Fundamental concepts and analytical methods in finance. Emphasis on spreadsheet applications, mathematics of finance, and statistical analysis.

Prerequisite(s): A minimum grade of "C" in ACCT   2101.

FINC   3131   Principles of Corporate Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of fundamental concepts, theories, tools of analysis and problems of managerial finance in business.

Prerequisite(s): A minimum grade of "C" in ACCT   2101 or ACCT   2030.

Cross Listing(s): FINC   3131H and FINC   3131S.

FINC   3131H   Principles of Corporate Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of fundamental concepts, theories, tools of analysis and problems of managerial finance in business.

Prerequisite(s): A minimum grade of "C" in ACCT   2101 or ACCT   2030.

Cross Listing(s): FINC   3131 and FINC   3131S.

FINC   3131S   Principles of Corporate Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of fundamental concepts, theories, tools of analysis and problems of managerial finance in business.

Prerequisite(s): A minimum grade of "C" in ACCT   2101 or ACCT   2030.

Cross Listing(s): FINC   3131 and FINC   3131H.

FINC   3132   Intermediate Financial Management

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of financial risk and return, capital budgeting, valuation, capital structure, working capital management and current topics in financial management.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   3133   International Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A survey of the financial markets and institutions which make international trade and capital flows possible. Its emphasis is on understanding exchange rates and hedging the risks inherent in cross-border transactions.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): FINC   3133S.

FINC   3133S   International Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A survey of the financial markets and institutions which make international trade and capital flows possible. Its emphasis is on understanding exchange rates and hedging the risks inherent in cross-border transactions.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): FINC   3133.

FINC   3134   Enterprise Risk Management

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of the identification, evaluation, financing and control of both financial and business risk and the techniques that are used to manage cash inflows and outflows in such a way as to maximize the value of the firm. Integrated risk management of the entire business enterprise is emphasized throughout the course. Risk management techniques to include hedging, diversification, risk transfer and insurance are examined.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   3231   Investments

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of investment theory and practice, investment strategies and portfolio construction and management. Particular attention is given to the valuation of common stock, bonds, and derivative securities, such as options and futures.

Prerequisite(s): A minimum grade of "C" in FINC   3131 and FINC   3132.

FINC   3331   Financial Institutions

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

An examination of the nature, purpose and economic functions of financial markets and institutions. The various domestic and foreign financial markets are included, as well as the key characteristics, operations, and regulatory aspects of depository and non-depository financial institutions, such as commercial banks, securities firms and investment banks, and insurance companies.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   3531   Principles of Risk and Insurance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

An introductory study of the risk management process and the importance of insurance as a method of managing risk. This course is meant to develop awareness of the nature of risk, its effects on both individual and business financial decisions, and the methods available for managing risk.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4030   Special Topics in Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A course that will allow students to learn about timely specialized topics that are not part of the regular curriculum in Finance, including but not limited to Small Business Start-Up Finance, Credit Derivatives, and Federal Reserve Policy.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4231   Personal Financial Planning

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of fundamentals of personal financial planning to include: the financial planning process, asset management, liability management and risk management.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4232   Security Analysis

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course examines some of the key assumptions underlying the major areas of investments, i.e. portfolio theory, derivative asset pricing, and asset valuation. It provides a thorough examination of various topics found in the academic as well as financial press.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4233   Estate Planning

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Planning for various financial contingencies, and asset management on a personal level. Creating an integrated financial plan using insurance, investments, taxes and trusts.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4234   Personal Insurance Planning

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A study of alternative methods of managing the primary pure risk exposures of individuals: life, health and property-casualty risks. The course emphasizes the use of insurance as the primary tool for managing hazard risks facing households.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4331   Bank Management

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Provides an introduction to the commercial bank industry, its organization, structure, and regulation. The lending and investment functions of banking are examined along with liability and capital management issues including de novo banking and merger/acquisition. Its purpose is to offer an overview of commercial banks and their delivery role in the financial services industry.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4332   Bank Management II

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The course will prepare students for decision-making under uncertainty. Bank management decisions are based on current financial positions and target measures of success. Decisions are influenced by anticipation of variations in market conditions, including competitive forces, governmental regulation, monetary policy and macro-economic variables.

Prerequisite(s): A minimum grade of "B" in FINC   4331.

FINC   4333   Commercial Bank Lending

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

An introduction to bank lending, focusing on key concepts and tools in credit analysis "statement logic and cash flow cycles" and applying them in commercial loan underwriting and consumer lending. Attention will also be given to core loan administration practices and its role in managing portfolio quality risks.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4431   Principles of Real Estate

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Covers a real estate transaction in enough depth to guide the student through a transaction with minimal outside help (attorney, etc.). It also helps the student identify those economic factors that will add value to the property through time. In addition, the student will be introduced to several areas of real estate as a possible profession.

Prerequisite(s): Junior Standing.

FINC   4433   Real Estate Appraisal

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

The study of the valuation of real estate and of ownership rights in real estate. Concentration is primarily on residential real estate.

Prerequisite(s): Juinor standing.

FINC   4435   Real Estate Finance and Investments

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

An analysis of real estate markets, investment decisions and the form and function of financing alternatives. The student should acquire a basic understanding of investment cash flow analysis and the calculations and measurements required for the quantitative real estate investment, valuation and income-property analysis.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4532   Life, Health and Retirement Planning

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

Analysis of personal and business life and health insurance needs, characteristics of plans appropriate to meet needs, and unique legal and tax aspects in insurance planning. This includes a study of basic concepts and managerial concerns underlying the group insurance mechanism and the characteristics of various qualified retirement planning vehicles. Consideration is also given to functional aspects of life insurer operations such as ratemaking, reserving, underwriting and financial statement analysis.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4534   Commercial Risk Management and Insurance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

This course involves property and liability risks and the effective management of these risks with insurance. Application of property insurance to pure risk exposures including direct and indirect property. Application of liability insurance to general liability and catastrophic liability risks. Current topics in the field of commercial property and liability insurance.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): ECON   4534.

FINC   4535   Insurance Industry Operations

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A discussion of the composition and financial structure of the insurance industry. Functional analysis of the operations of insurance organizations will include legal organization, marketing systems, management and control, underwriting, rating, financial analysis, ratemaking and regulation.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

FINC   4631   Eagles on Wall Street

3 Credit Hours.   1 Lecture Hour.   0 Lab Hours.

This course will introduce students to the important topics of Wall Street finance, investment banking, and the financial markets of New York City. Students will meet with executives from the world’s most prestigious banking, investment, and financial services firms. Because New York City (NYC) is one of the most important financial centers in the world, the location and setting will provide an excellent backdrop for the topics covered. Furthermore, NYC offers many venues that can be visited by the class to illustrate and reinforce the concepts discussed in the classroom. The classroom portion of the course will give students a broad overview of different sectors of the financial world while the travel portion will provide a chance for students to network with established professionals. Students could easily use this experience as a starting point to launch a Wall Street career. Regardless of a student’s intended career path, this course will broaden horizons and introduce students to the many opportunities available on Wall Street and in the field of finance. Expenses specific to the travel portion of the course may vary.

Prerequisite(s): A minimum grade of "C" in FINC   3131.

Cross Listing(s): ECON   4631.

FINC   4790   Internship in Finance

3-9 Credit Hours.   0 Lecture Hours.   0 Lab Hours.

The student is required to work with/for a manager of the enterprise in a management training or special projects capacity. Management level responsibilities and duties are expected of the student.

FINC   4830   Special Problems in Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that is under the direction of a faculty sponsor. The course is designed to offer students an opportunity to pursue studies at a level or on topics not covered in scheduled courses. The scope and nature of the material covered is determined in consultation with the faculty sponsor.

Prerequisite(s): Junior standing.

Cross Listing(s): FINC   4830S.

FINC   4830S   Special Problems in Finance

3 Credit Hours.   3 Lecture Hours.   0 Lab Hours.

A customized course that is under the direction of a faculty sponsor. The course is designed to offer students an opportunity to pursue studies at a level or on topics not covered in scheduled courses. The scope and nature of the material covered is determined in consultation with the faculty sponsor.

Prerequisite(s): Junior standing.

Cross Listing(s): FINC   4830.

FINC   4890   Directed Study in Finance

1-3 Credit Hours.   1-3 Lecture Hours.   0 Lab Hours.

Designed for independent study and research in selected areas of finance under faculty supervision.

Prerequisite(s): Permission of Department Chair.

Chair(s): LARRY E. PRICE (Emeritus), RAND W. RESSLER

Professor(s): IOANNIS BARKOULAS, GREGORY J. BROCK, DON R. COX, KEVIN L. EASTMAN, JOHN J. HATEM, WILLIAM B. LEVERNIER, CHRIS WESLEY PAUL (Emeritus), LARRY E. PRICE (Emeritus), RAND W. RESSLER, BILL Z. YANG, MARK ANDREW YANOCHIK

Associate Professor(s): ANTHONY G. BARILLA, JOHN HOWARD BROWN, AXEL GROSSMANN, AMANDA S. KING, JOHN T. KING, CONSTANTIN OGLOBLIN, JOSEPH S. RUHLAND, WILLIAM H. WELLS, RONGRONG ZHANG

Assistant Professor(s): WILLIAM A. AMPONSAH, CHRISTOPHER S. BRUNT, ALLISSA ANN LEE, MARIANA SAENZ-AYALA

Instructor(s): DOMINIQUE HALABY

Limited-Term Assistant Professor(s): JINTAE KIM

Limited-Term Instructor(s): ROBIN DHAKAL, LIPING GAO, GINNY STARLING McPHAIL