Lecture, discussion, and computer-assisted research. Introduction to the management of the contemporary firm's international financial operations. Topics include foreign exchange risk, political risk, returns and risks of international projects, international money and capital markets, financial accounting, capital structure, and the cost of capital. Lecture, discussion, readings, and problems. Study of the mechanisms of real estate finance, sources of funds, loan contracts, principles of mortgage risk analysis, and secondary mortgage markets.
Students develop analytical skills including use of the microcomputer and appropriate software.
Research and analysis of selected problems or topics in finance. Must be arranged with an instructor and approved in writing by the associate dean for undergraduate programs before registration. Written report required. May be repeated for a maximum of six credits if topics vary.