Includes a discussion of bank-holding companies, interstate banking proposals, and regulatory agency proposals for expanding banking powers. 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.
Seminar in contemporary developments in finance including financial management, financial institutions, financial markets, and investment management. Lecture, discussion, simulation, computer-assisted research. Research and analysis of selected problems or topics in finance. Must be arranged with an instructor and approved in writing by the undergraduate program director before registration. Written report required.