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Department of Accounting, Economics and Finance
Member, Texas Tech University System The Princeton Review - 373 Best Colleges, 2011 Edition

Finance (FIN) Course Descriptions

3348 Retirement Planning. This course focuses on retirement planning for the business, the business owner, and the individual. It consists of two major parts. The first covers qualified plans, non qualified plans, and IRAs; the second part deals with retirement needs of individual clients. This course emphasizes the practical knowledge needed for choosing the best retirement plan and designing a practical knowledge needed for choosing the best retirement plan and designing a plan that will meet a client's needs from a tax and retirement standpoint.

3351 Principles of Real Estate I - Fundamentals. A broad survey of real estate fundamentals including real and personal property, ownership and estates in land, agency relationships, contract requirements, Fair Housing Laws, legal descriptions.

3352 Law of Contracts. A review of contract law including valid contracts and termination of contracts, TREC (Texas Real Estate Commision) contracts explained with exercises.

3354 Law of Agency. An in-depth look at principal-agent relationships, authority of agent, termination of agency, duties of an agent, intermediary relationships, employment law, deceptive trade practices, listing or buying representation, and disclosure of agency.

3360 Money and Banking. The monetary system and the role of money and capital markets; economic goals; monetary and fiscal policy; legal environment; depository institutions and the Federal Reserve, and non depository institutions. (Credit may not be earned for this course and Economics 3360). Prerequisite: Economics 2301. (fall, spring)

3361 Financial Management. Financial management of the firm; valuation of the firm; working capital policy; capital budgeting; cost of capital; and long-term financing. Prerequisite: Accounting 2302, Economics 2302. (fall, spring, summer I)

3362 Personal Finance. Income and expenditure patterns; consumer protection and financial analysis of consumer problems; and personal money management. (summer)

3364 General Insurance. Theory of insurance and risk; types of insurance companies; contract terms and clauses; basic features of life, property, liability, and health insurance from a consumer's viewpoint. (irregular summer II)

3365 Corporate Financial Practices. Capital markets and valuation of the firm; capital budgeting; cost of capital; and leverage. Prerequisite: Finance 3361. (spring)

3373 Residential Real Estate Appraisal. A study of real estate appraisal as it relates to estimating the current market value of residential real property including the following appraisal topics: the appraisal profession, including Uniform Standards of Professional Appraisal Practice, the real estate market place, steps in the appraisal process, data collection, residential construction, the market, cost and income approaches to valuation, and a residential appraisal project. (fall) Prerequisite: Finance 3371.

4347 Estate Planning. Various aspects of estate and gift tax planning-including the nature, valuation, transfer, administration, and taxation of property are discussed. Particular emphasis is given to a basic understanding on the unified estate and gift tax system. This course covers gratuitous transfers of property outright or with trusts, wills, and powers of appointment. It also covers federal estate and gift taxation, the marital deduction, and various estate planning devices used in the estate planning process. In addition, the client interview, fact-finding, ethical standards, and the development of appropriate personal estate plans are discussed. Prerequisite: Junior standing.

4351 Real Estate Principles II - Practice. A comprehensive explanation of the appraisal process, real estate math, real estate financing alternatives, appraising income producing property, property management.

4361 Financial Institution Administration. The role of financial institutions in the economy; depository and non depository financial institutions; legal environment; organizational structure; asset/liability management; and international aspects. Prerequisite: Finance 3361. (fall)

4363 Investments. Basic principles of investment; types of investment media; sources of information; characteristics of stocks and bonds; selection of securities; construction of an investment portfolio; and investment companies. Prerequisite: Finance 3361. (fall, summer I)

4364 Security Analysis and Portfolio Management. Investment objectives; risk and return; analysis and selection of investment securities, timing; portfolio theory and applications; and evaluation of portfolio performance. Prerequisites: BCIS 1305, Finance 4363. (spring of even numbered years)

4366 Financial Applications for the Microcomputer. Design and use of financial models for working capital management; cash flow projections; ratio analysis; capital budgeting; security valuation and selection; portfolio management; and real estate investment analysis. Prerequisite: BCIS 1305 or equivalent, Finance 3361. (fall, spring)

4367 International Finance. An examination of the international monetary system from World War II to present, transition from fixed to floating exchange rates. Emphasis given to interest arbitrage, spot and forward exchange rates, foreign exchange exposure and risk, reducing foreign exchange risk, capital budgeting and import/export financing in the study of multinational finance. Prerequisite: Finance 3361. (fall)

4372 Real Estate Investment Feasibility Analysis. Provides basic knowledge, techniques, and tools to analyze and determine most probable rate of return from real estate investments. To demonstrate all benefits of real estate ownership, as well as disadvantages. Includes depreciation, tax aspects, income-expense analysis and control, effects of national economic changes on the value of real estate, modes of ownership, present value concepts, risk analysis, computer analysis programs in current use. Prerequisite: Finance 3361, 3371.

4391 Research. A specialized course which may be directed reading or research for superior students majoring in finance. Prerequisite: Junior standing.

6301 Financial Management. Corporate financial management decision-making techniques emphasized in areas of planning the financial structure, management of assets, capital budgeting, obtaining capital, and management of income. Prerequisites: Accounting 6301 or ACC 3304 and Business Administration 6301.
* May be taken for graduate credit by graduate students in non-MBA master's degree programs with permission of the Dean of the Graduate School.