The course also covers other depository institutions, non-bank financial entities, the Federal Reserve System, the nature of interest, bank regulation, the vocabulary of banking, and some current issues in banking. Students will gain familiarity with the functions of finance, and the institutions and instruments that carry out these functions in the financial marketplace today. The course encompasses primarily corporate finance, but when appropriate, personal finance applications are also introduced. This introductory course in fundamentals will include the nature of real estate and ownership, principles and concepts of title transfer, title insurance, real estate marketing, financing, leasing, taxation, insurance, development, appraising, and state license law. Primarily concerned with developing an understanding of the basic principles of insurance as well as the nature and operation of the insurance business.
Emphasis is given to the principles which underlie the entire field of insurance.
Understanding is developed in the fundamental areas of indemnity, insurable interest, coinsurance, risk, subrogation, proximate cause, other insurance, requisites of insurable risks, deductibles, valued policies, probability, and many others. The important functional areas of rating, underwriting, marketing and adjusting are considered, as well as the subjects of regulation, reinsurance, and company organization. This course examines both the principles and practices of contemporary bank management. This course provides the student with the necessary techniques and tools to evaluate the financial condition and operating performance of a modern business. The course will cover the terminology of financial analysis, horizontal and vertical analysis, financial ratios, pro forma statements, cash flow analysis, breakeven analysis and other analytical tools.