General principles of business finance with emphasis upon financial markets, interest rates, the time value of money, financial analysis, financial planning, and forecasting. Includes computer applications. Analysis of long-term corporate financial decisions, including capital budgeting, cost of capital, leverage, dividend policy, debt and equity financing, and business combinations. Requires computer usage. Introduction to real estate principles and practices.
Emphasis is on understanding the workings of the real estate business.
Primary topics are brokerage, contracts, legal concepts and valuation. Development of technical competence necessary to structure real estate transactions. Computation of periodic payments, amortization schedules, and true borrowing costs. Examination of the secondary mortgage market. A study of investment principles and techniques encompassing the investment environment, description and evaluation of various securities, current practices in securities markets, and the formulation of investment objectives.