Provides an understanding of the role of finance in the economy, business, government and consumer financing. Financial analysis, planning and control, investment decisions, and sources of funds are examined. Overview of the business of banking, the banking industry, and its role in the economy. Nearly every aspect of banking, from the fundamentals of negotiable instruments to contemporary issues and developments within the industry, will be examined. Further study of management principles is undertaken.
Emphasis is on problems of leadership, motivation, and the development of policy-making.
Specific topics include contracts involving the sale of goods, warranties and product liability, negotiable instruments, secured transactions, property law, and creditor's rights and bankruptcy. An introduction to personnel management as a staff function within business. Procurement and utilization of manpower and the role of labor unions are considered. It is recommended that students take at least six credits in business, economics, philosophy, or English prior to taking this course. Encompasses the topics of investment objectives and values, securities market and value, market procedures, analytical techniques, and speculative and institutional markets.