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. 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.
Introduction to the fundamentals of real estate investment, including an overall investment strategy, analytical skills, feasibility studies, and characteristics of various types of properties. Students learn to use microcomputers 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. Faculty-governed field experience in a Northern Virginia business.