MGMT 581 and senior standing or higher. Commercial and central bank functions in monetary management. Also, principles and practices involved in the asset management, liability management, and capital planning areas of the commercial bank. An overview of the field. Addresses the concepts and analytical tools necessary to protect against the economic catastrophe caused by loss of life or health.
Special emphasis is placed on business insurance and estate planning.
A study of the theories of value as applied to both residential and income properties, determinants of value, underlying principles of valuation, and consideration of selected problems in appraisal with emphasis on residential property. A study of principles and methods of financing real estate, sources of funds, types and contents of financing instruments, and the role of various institutions, both private and governmental. Problems and cases in financial decision making with attention given to acquisition and management of assets, cost of capital, and procurement of funds. Managing the corporate risks of destroyed or damaged property and resulting losses of business income. Loss control and commercial and commercial insurance are the primary risk management methods studied.