The role of financial institutions and governmental economic policy will be evaluated in the context of their potential impact on personal financial planning. An analysis of the financial decision making process of a firm from both internal and external points of view. Topics include valuation, working capital management, capital budgeting, financial forecasting, capital structure, and sources of capital and dividend policy in both a domestic and international context. A survey of fire, marine, casualty, and life insurance for those interested as potential customers, salespersons, or brokers. An introductory survey of the field of real estate.
Areas covered include real estate law, appraisal, brokerage, finance, and investment.
An analysis of the international complexities of corporate financial management and investment strategies. Emphasis is placed on the nature of the close link between corporate financial management and developments in international financial institutions and international financial markets. An analysis of the methods and procedures of dealing with risk in the business Firm, including the theoretical basis of insurance and self-insurance mechanisms. Consideration of the commercial insurance industry, its structure and regulation. A survey of investments including corporate and government securities, real property and financial intermediaries.