Fin 301 or instructor's approval. Accounting majors may not take this course for credit. Short-term money flows and their impact upon interest rates. Devaluation and its impact upon the balance sheet and other topics. This course considers the impact on cost and availability to issuers of primary securities of temporal changes in funds channeled by direct lenders and intermediaries through the money and capital markets.
Emphasis is placed on the effects of monetary policy and treasury operations.
A survey course in the economic and financial aspects of investing in real estate. Urban economic growth and development, property valuation, mortgage and equity financing, mortgage market operations, portfolio analysis, taxation and investment analysis will be covered. Emphasis of the course is on home ownership and investing in small income-producing properties. This course serves as the capstone course in banking and provides students with an in-depth look at the current problems encountered by commercial bank managers. International issues and social concerns as related to commercial banking are also examined.