Undergraduate Catalog

2006-07 Academic Year

Department of Finance, Insurance, Real Estate and Law

Main Office
Business Administration Building, Room 177
P.O. Box 305339
Denton, TX 76203-5339
(940) 565-3050
Fax: (940) 565-4234

Web site: www.coba.unt.edu/firel

James Conover, Interim Chair

Faculty

Professors: Baen; Chandrasekaran; Cole; J. Conover; Hazleton; Karafiath; Kensinger; Poe; Roden, CMA; Staff; Thornton, CLU; Tripathy, CFA. Associate Professors: Braswell; Foster; Guttery, CLU, ChFC; Impson; MacDonald; McDonald; Siddiqi; Wells, CPCU.

Introduction

The Department of Finance, Insurance, Real Estate and Law trains professionals to manage successfully all financial aspects of a firm and to manage and work within financial institutions, their regulatory bodies, investment firms and mortgage banks. It prepares students for careers in life insurance marketing, brokerage, underwriting and risk management in the insurance industry.

The department educates individuals in real estate finance and investment, brokerage, property management, and appraisal. The business law curriculum prepares business managers to function in the increasingly complex legal environment of business. All programs within the department prepare the student for more advanced professional work or schools and/or a successful career in business.

Programs of Study

The department offers undergraduate and graduate programs in the following areas:

Bachelor of Business Administration

The department offers the Bachelor of Business Administration in the professional fields listed below. General requirements for the BBA are listed in the “General University Requirements” and the “University Core Curriculum Requirements” in the Academics section and under “Bachelor of Business Administration” in the College of Business Administration section.

Professional Field in Finance, 18 Hours

The following courses are required for the professional field in finance.

Plus 3 hours selected by the student from the following courses.

Approved Supporting Courses, 12 Hours

Supporting courses selected by the student and approved in advance by the faculty adviser include 6 hours from ACCT 3110, 3120, 3270, 4100, 4130 and 4270.

Professional Field in Financial Services, 15 hours

The following courses are required for the professional field in financial services (no substitutions).

Required Support Field Courses, 12 hours (no substitutions)
Support Field Elective, 3 hours

A supporting course selected by the student and approved in advance by the faculty adviser, chosen from ACCT 4130, BLAW 4430, FINA 4210, RMIN 4200, RMIN 4300, REAL 4300, or another course approved by the department.

The financial services professional field is designed to prepare students for the financial services market at the individual level. Successful completion of the professional field qualifies students to register for the Certified Financial Planner (CFP)™ comprehensive examination.

Note: some courses may not be offered every term/semester. Consult with a departmental adviser regarding planned course offerings.

* Meets content requirement of CFP Board of Standards.

Professional Field in Risk Management and Insurance, 18 Hours

The following courses are required for the professional field in risk management and insurance.

Approved Supporting Courses, 12 Hours

FINA 4500 and RMIN 4400, plus 6 hours approved in advance by the department chair or professional field adviser.

Professional Field in Real Estate, 18 Hours

The following courses are required for the professional field in real estate.

Approved Supporting Courses, 12 Hours

FINA 4500, BLAW 4480, BUSI 4660 or MKTG 4280; plus 9 hours approved by the faculty adviser from REAL 3100, 4800; BLAW 4430, 4790; FINA 4200, 4400; RMIN 2500, 4300; MGMT 3850; MKTG, 4120; ECON 4650; or other courses as approved by the faculty adviser.

Students with a career interest in residential property management may take Residential Property Management (REAL 4200) in the professional field and Property Management Law (BLAW 4790) as one of the approved supporting courses.

Professional Field in Economics, 18 Hours

The following courses are required for the professional field in economics.

Approved Supporting Courses, 12 Hours

FINA 4500, plus 9 hours approved in advance by the department chair or professional field adviser. Courses in the College of Arts and Sciences may be counted as professional courses in business administration when authorized on a degree plan. Most frequently used are ECON 4150, Public Finance; and ECON 4600, Economic Development.

Minor in Financial Services

A minor in financial services requires 18 hours, including FINA 4200 and 4610; RMIN 2500, 4400 and 4500; and ACCT 4300.

Minor in Insurance

A minor in insurance requires 18 hours, including RMIN 4300, 4310, 4400 and 4600, plus either RMIN 2500 or FINA 2770 and either RMIN 4200 or 4500.

Minor in Legal Studies in Business

A minor in legal studies in business requires 18 hours, including BLAW 2000, 3430, 4430, 4450, 4480 and 4770.

Minor in Real Estate

A minor in real estate requires 18 hours, including REAL 2100, REAL 3100 and BLAW 4770, plus three courses from the following: REAL 4200, BLAW 3430, RMIN 2500, MKTG 3010 and FINA 2770 or 3770.

Graduate Degrees

The department offers degree programs leading to the Master of Business Administration with a major in finance, the Master of Science with majors in finance and real estate, and the Doctor of Philosophy with a major in finance. For information, consult the Graduate Catalog.

Scholarships

The Department of Finance, Insurance, Real Estate and Law offers a variety of competitive scholarships for full-time students majoring in finance, insurance and real estate who have completed at least 24 credit hours at UNT, have a high overall GPA and can demonstrate financial need. Generally scholarships range in value from $100 to $500 with a few exceptions. Application forms are available at the department (Business Administration Building, Room 177).

Scholarships with Specific Requirements

Dallas Chapter, Chartered Property and Casualty Underwriters (CPCU) Scholarship: Open to an undergraduate insurance student classified as a junior or senior who has a minimum 3.0 GPA and demonstrates financial need. Award amounts vary.

Government Employees Insurance Company (GEICO) Scholarship: Open to both undergraduate and graduate insurance students who have outstanding academic records and demonstrate financial need. Both work experience and activities are considered. Award is typically $1,000 per academic year.

James E. George Financial Planning Scholarship: Open to undergraduate financial planning students who have a minimum 3.25 GPA, are within 30 hours of graduating, and complete a 500 word essay describing merit for the award. The award is typically $500 to $1,000 per academic year.

Dallas–Fort Worth Chapter of Risk and Insurance Management Society (RIMS) Scholarship: Open to undergraduate insurance students who have outstanding academic records and demonstrate financial need. Both work experience and activities are considered. Awards totaling $5,000 to $12,000 are granted to multiple students in a typical year.

Fort Worth Chapter, Chartered Property and Casualty Underwriters (CPCU) Scholarship: Open to undergraduate insurance students who have outstanding academic records and who demonstrate a strong interest in insurance-related careers. Student activities and work experience are considered. Total awards of $10,000 to $20,000 are shared by multiple students in a typical year.

Dr. George A. Christy Scholarship: Open to full-time students majoring in finance who have a 3.25 cumulative GPA and a verifiable need for financial assistance. Minimum award is $500 per term/semester.

Texas Apartment Association Education Foundation/Larry Niemann Academic Scholarship: Open to undergraduate or graduate real estate majors who are full-time students or part-time students working in the rental housing industry. The student must be at least a first-semester junior or graduate student with 12 credit hours at UNT with a 2.7 GPA either enrolled in or having committed to enroll in a residential property management course. Up to five $1,000 scholarships are available for both the fall and spring semesters.

Courses of Instruction

All Courses of Instruction are located in one section at the back of this catalog.

Course and Subject Guide

The “Course and Subject Guide,” found in the Courses of Instruction section of this book, serves as a table of contents and provides quick access to subject areas and prefixes.

Undergraduate Working Catalog

Department of Finance, Insurance, Real Estate and Law

Undergraduate Admissions

(800) UNT-8211
(868-8211) (toll-free)
undergrad@unt.edu

UNT Switchboard

(940) 565-2000

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