Consumer-oriented study of the principles of personal law. Student participation required in resolving problems associated with the family, home and vehicle ownership, crimes, negligence, employment, death (including wills and estates), taxation and an individual's rights as a consumer. Recommended for all students, regardless of major field of interest.
Prerequisites: None.
BLAW 2996 Honors College Mentored Research Experience ( 3 hours )
Research experience conducted by a freshman or sophomore honors student under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; freshman or sophomore class status; consent of the Honors College dean.
May only be taken once for Honors College credit.
BLAW 3430 Legal and Ethical Environment of Business ( 3 hours )
Historical, economic, political and ethical bases of contracts and sales, including the Uniform Commercial Code, and the impact of regulatory agencies on business enterprise.
Prerequisites: PSCI 1040 and PSCI 1050, or equivalent.
BLAW 3996 Honors College Mentored Research Experience ( 3 hours )
Research experience conducted by an honors student with at least junior standing under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; at least junior class status; consent of Honors College dean.
May only be taken once for Honors College credit.
A course developing the law concerning the powers, duties and responsibilities of corporate managers to their organizations, to investors, to creditors, to the state, and to the general public under state corporation codes and state and federal securities legislation.
Examination of selected aspects of the international legal environment affecting transnational commerce. Consideration of relevant U.S. constitutional, treaty and statutory provisions; international conventions and agreements; sovereign immunity and act of state doctrines, nationalization and expropriation.
Planning process and selected techniques for efficient disposition and administration of property interests; various tools, including wills, trusts, life insurance settlement options and powers of appointment; pertinent income, estate and gift tax provisions.
Prerequisites: None.
Same as RMIN 4500.
BLAW 4600 Current Topics in Business Law ( 3 hours )
Study of the legal principles governing real estate transactions with an emphasis on promulgated contracts. Topics include contract law, estates in land, types of ownership, deeds, mortgages, title insurance, agency and homestead.
Study of the local, state and federal laws, regulations and cases that impact the professional management of real property. Particular emphasis is given to the legal and ethical issues relative to residential property management. The landlord/tenant relationship is analyzed as well as issues concerning employees, tort liability, risk management, various types of government regulation, fair housing and eviction. Texas Apartment Association lease contracts and other forms are reviewed.
Major research project prepared by the student under the supervision of a faculty member and presented in standard thesis format. An oral defense is required of each student for successful completion of the thesis.
Prerequisites: Completion of at least 6 hours in honors courses; completion of at least 12 hours in the major department in which the thesis is prepared; approval of the department chair and the dean of the school or college in which the thesis is prepared; approval of
BLAW 5050 Legal, Regulatory and Ethical Environment of Business ( 1.5 hours )
Introduction to the legal environment of business, with particular emphasis on managerial decision-making. Includes a study of the litigation process and constitutional law; selected areas of private and public law, including government regulation; international dimensions of the legal environment of business, business ethics and the social responsibility of business organizations. Business context is emphasized with a focus on individual and managerial decision-making in response to legal and ethical issues.
Prerequisites: None.
BLAW 5400 Law for Accountants and Managers ( 3 hours )
Study of and practice in the technique of analyzing law problems and cases affecting accountants and managers. Topics include legal responsibility, business organizations, contracts, debtor-creditor relations, government regulation, uniform commercial code and property rights.
Designed to provide information on the legal environment of specified functional areas as required by need of functional areas and/or changes in the law.
Prerequisites: None.
May be repeated for credit as topics vary.
Part of the electronic commerce track in the MBA program. Examination of the emerging law, ethics and public policy applying to computer technology, the Internet, and electronic business and commerce.
Prerequisites: BLAW 5050, or equivalent with approval of instructor.
Designed to lead the student into a study of fundamental legal doctrines and concepts applicable to the field of insurance. Includes contract law, parties to the contract, insurable interest, agency powers, waiver and estoppel, warranties, representations and concealments, the rights of the beneficiary and provisions controlling and limiting loss. Pertinent to the life-health and property-liability insurance areas.
Prerequisites: None.
BLAW 5770 Advanced Real Estate Law and Contracts ( 3 hours )
In-depth study of legal principles governing real estate transactions with an emphasis on promulgated contracts. Topics may include contract law, estates in land, types of ownership, deeds, mortgages, title insurance, agency and homestead.
Open to graduate students who are capable of developing a problem independently. Problem chosen by the student and developed through conferences and activities under the direction of the instructor.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
Fundamentals of finance mathematics, risk and return, the money market, the bond market, the stock market, and investment companies. The investigation of investment companies will include both closed-end funds and open-end (mutual) funds, including how market information is reported in the financial media.
Research experience conducted by a freshman or sophomore honors student under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; freshman or sophomore class status; consent of Honors College dean.
May only be taken once for Honors College credit.
Overview of money and the banking system; interest and present value calculations; financial information; analysis and financial decision making; security markets.
Prerequisites: Completion of pre-business requirements, including ACCT 2010 and ACCT 2020 or equivalent with grades of C or better.
FINA 3996 Honors College Mentored Research Experience ( 3 hours )
Research experience conducted by an honors student with at least junior standing under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; at least junior class status; consent of Honors College dean.
May only be taken once for Honors College credit.
First course for the individual investor. Idea of investment value; necessary prerequisites for an investment program; policies; economic and industry factors; introduction to security analysis and valuation; operation of security markets; security laws.
Prerequisites: FINA 3770 and ACCT 2010 and ACCT 2020 or equivalent with grades of C or better.
Introduction to the theory, valuation and analysis of derivatives. Fundamental concepts of options, forwards, futures, swaps and other derivative products.
Prerequisites: FINA 4200 with a grade of C or better or consent of department.
FINA 4300 Liquidity and Working Capital Management ( 3 hours )
This course develops a conceptual valuation framework for investment, capital structure and dividend decisions. Each is examined for its impact on the risk return characteristics of the firm. In addition, long-term financing decisions are discussed.
Prerequisites: FINA 3770 with a grade of C or better.
FINA 4400 Financial Markets and Institutions ( 3 hours )
Studies in the operations, mechanics and structure of the U.S. financial system. Topics include commercial banking, non-bank financial institutions, money and capital markets, the impact of monetary policy on financial institutions and markets, and an introduction to the international financial system.
Prerequisites: FINA 3770 with a grade of C or better.
FINA 4410 Advanced Topics in Financial Institutions and Markets ( 3 hours )
May include topics such as application of the theory of finance to the management of financial institutions, analysis of fixed income securities including valuation of embedded options, study of international financial markets, or other topics selected by the instructor.
Prerequisites: FINA 4400 (may be taken concurrently).
International and regional financial institutions and arrangements; balance of payments, theory, adjustments and impact on world trade; role of commercial and central banks in financing international flow; financing exports and imports; the instruments and markets of foreign exchange; determination of exchange rates.
Prerequisites: FINA 3770 with a grade of C or better.
Designed to prepare students to assist individuals in their financial planning and strategy, including analysis of needs, insurance and investment programs, tax planning and shelters, trusts, tangibles, and retirement planning. Study includes readings and analysis of cases.
Prerequisites: FINA 4200 and RMIN 2500 or RMIN 4200 with grades of C or better.
Major research project prepared by the student under the supervision of a faculty member and presented in standard thesis format. An oral defense is required of each student for successful completion of the thesis.
Prerequisites: Completion of at least 6 hours in honors courses; completion of at least 12 hours in the major department in which the thesis is prepared; approval of the department chair and the dean of the school or college in which the thesis is prepared; approval of
FINA 5040 Introduction to Finance and Financial Mathematics ( 1.5 hours )
Understanding of finance terms, procedures and concepts used by managers in making financial decisions. Basic concepts and techniques of finance; the role of financial markets and institutions, interest rates, inflation and yield curve determinants; analysis and interpretation of financial mathematics to understand the time value of money; and bond and stock valuation models. Course meets the deficiency requirement of finance for MBA candidates and may be counted as part of the graduate program in a field other than business administration.
Prerequisites: ECON 5000 or equivalent, MATH 1190 or equivalent, or consent of department.
Tools and techniques used and proposed in corporate financial management. Analysis of the investment and financing decisions and the environment in which such decisions are made are covered in readings, case problems and class discussion.
Prerequisites: ACCT 5020, FINA 5040, ECON 5000, MATH 1190, BCIS 5090, DSCI 5010 or equivalent. Students with 15 credit hours of approved undergraduate finance courses may elect to substitute another 5000-level finance course for this course subject to the approval of th
FINA 5210 Investment Analysis and Management ( 3 hours )
Economic and industry studies, company analysis, selection of senior securities, theory and application of common stock valuation models, security markets and timing, portfolio management, options and futures markets.
Prerequisites: FINA 5170 or equivalent; ECON 1100 or ECON 5000 or equivalent; ACCT 2010 or ACCT 5020 or equivalent; MATH 1190 or equivalent, or consent of department.
FINA 5220 Theory and Application of Financial Derivatives ( 3 hours )
Theory, valuation and analysis of derivative securities; the use of options, futures and swaps in risk management; current applications to financial engineering and innovation.
Prerequisites: FINA 5170 and FINA 5210 or equivalents; ECON 1100 or ECON 5000 or equivalent; ACCT 2010 or ACCT 5020 or equivalent; MATH 1190 or equivalent.
FINA 5230 Portfolio Management and Security Analysis in Investments ( 3 hours )
Overview of portfolio management and security analysis from the point of view of a trust officer, mutual fund manager, pension fund manager or other manager of securities. Emphasizes the need of financial managers for an understanding of problems, trends and theory of portfolio management.
Prerequisites: FINA 5210 or consent of instructor.
Introduces the student to the use of financial decision models. Also focuses on the application of advanced theoretical models and provides an understanding of the interaction of financial decisions.
Prerequisites: FINA 5170 or equivalent; ECON 1100 or ECON 5000 or equivalent; ACCT 2010 or ACCT 5020 or equivalent; MATH 1190 or equivalent.
FINA 5400 Financial Markets and Institutions ( 3 hours )
Determination of interest rates, their term structure and the relationship with inflation. Management of interest rate risk. Financial instruments and their characteristics. Monetary policy, the Federal Reserve System and regulation. Introduction to the international financial system.
Prerequisites: FINA 5170 or equivalent; ECON 1100 or ECON 5000 or equivalent; ACCT 2010 or ACCT 5020 or equivalent; MATH 1190 or equivalent.
Analyses of the balance of payments and its impact on domestic economies and currencies. Theories of financing foreign trade and investments. Foreign exchange markets and exchange rate behavior in theory and practice. Assessing exposure to the foreign exchange risk and the use of hedging tools and techniques.
Prerequisites: FINA 5170 or equivalent; ECON 1100 or ECON 5000 or equivalent; ACCT 2010 or ACCT 5020 or equivalent; MATH 1190 or equivalent.
Advanced topics in the theory of finance. Topics include decision-making under uncertainty; equilibrium pricing models, capital structure theory; agency theory and the market for corporate control; signaling models; the pricing of contingent claims; current developments and selected readings in the finance literature.
Prerequisites: FINA 5310 or equivalent; knowledge of differential and integral calculus, matrix algebra and intermediate microeconomics are recommended; or consent of department.
FINA 5650 Contemporary Issues in Finance ( 3 hours )
Integrative cases and/or theory as selected by the instructor. Required for MS finance students. Open to MBA students, but all students must meet prerequisites.
Prerequisites: FINA 5210, FINA 5310, FINA 5400 and FINA 5500 or consent of department. One or two prerequisites may be taken concurrently.
Open to graduate students who are capable of developing a problem independently. Problem chosen by the student and developed through conferences and activities under the direction of the instructor.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
Open to graduate students who are capable of developing a problem independently. Problem chosen by the student and developed through conferences and activities under the direction of the instructor.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
FINA 6010 Seminar in Business Administration ( 3 hours )
Explores the origins of the established theories explaining investment analysis, portfolio management equilibrium in the capital market and the evidence that supports these principles. Seminar focuses on the original writings that have formed the foundations of the discipline and the empirical methods used for research in investment analysis, portfolio management and capital markets research.
Prerequisites: Admission to doctoral finance program and consent of department.
FINA 6015 Seminar in Financial Derivatives ( 3 hours )
Explores the origins of the established theories explaining the behavior and use of financial derivatives, and the evidence that supports them. Focuses on the original writings that have formed the foundations of the discipline and the empirical methods used for research in financial derivatives. Examines the application of financial derivatives analysis to capital investment decisions, using the Real Options Approach.
Prerequisites: Admission to the doctoral finance program and consent of department.
FINA 6016 Seminar in Corporate Finance ( 3 hours )
Explores the origins of the established theories explaining firms decisions about how to raise money from investors, how to make capital investment decisions, plus when and how to return capital to investors. Examines the evidence that supports these principles. Focuses on the original writings that have formed the foundations of the discipline and the empirical methods used for research in corporate finance.
Prerequisites: Admission to the doctoral finance program and consent of department.
FINA 6017 Seminar in Financial Institutions and Markets ( 3 hours )
Explores the origins of the established theories explaining the functions of financial institutions and the flow of funds through the money markets. Examines the evidence that supports these principles. Focuses on the original writings that have formed the foundations of the discipline and the empirical methods used for research about financial institutions and markets.
Prerequisites: Admission to the doctoral finance program and consent of department.
FINA 6018 Seminar in Econometric Methods Applied in Financial Markets Research ( 3 hours )
Explores the econometric methods currently available for application in financial market research. Prepares students for dissertation research and for careers in financial markets research.
Prerequisites: MATH 5810, MATH 5820, and ECON 5660 or equivalents; admission to the doctoral finance program or consent of department.
FINA 6100 The Theory of Financial Decisions ( 3 hours )
Examines the theoretical underpinnings of financial decision making. Explores valuation and the impact on firm value of the investment, financing and dividend decisions under conditions of certainty and uncertainty in both perfect and imperfect markets.
Prerequisites: FINA 5310 and doctoral standing, or consent of department.
FINA 6110 Special Topics in Financial Theory ( 3 hours )
Emphasizes current issues in theoretical finance. Students explore both current and classic literature and engage in individual research on the issues under consideration.
Prerequisites: FINA 6100 or consent of department.
Research by doctoral students in fields of special interest. Includes project research studies and intensive reading programs, accompanied by conferences with professors in fields involved.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
FINA 6910 Independent Doctoral Research ( 1-12 hours )
Research by doctoral students in fields of special interest. Includes project research studies and intensive reading programs, accompanied by conferences with professors in fields involved.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
May be repeated for credit.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
May be repeated for credit.
To be scheduled only with consent of department. 12 hours credit required. No credit assigned until dissertation has been completed and filed with the graduate dean. Doctoral students must maintain continuous enrollment in this course subsequent to passing qualifying examination for admission to candidacy.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
May be repeated for credit.
Survey of real estate principles, including real estate market, financial, investment and legal analysis. Home ownership and real estate investment for personal benefit are emphasized.
Prerequisites: None.
REAL 2996 Honors College Mentored Research Experience ( 3 hours )
Research experience conducted by a freshman or sophomore honors student under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; freshman or sophomore class status; consent of Honors College dean.
May only be taken once for Honors College credit.
Creation, termination and practice of real estate agency relationship in regards to traditional leasing and marketing of property. Subagency, buyers agents and dual agency theory and practice are presented as required by all persons seeking a Texas Real Estate License.
Prerequisites: None.
REAL 3996 Honors College Mentored Research Experience ( 3 hours )
Research experience conducted by an honors student with at least junior standing under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; at least junior class status; consent of Honors College dean.
May only be taken once for Honors College credit.
Examination of the process and methods of financing both residential and commercial properties. Primary focus is on the lender's perspective in mortgage loan analysis.
Prerequisites: REAL 2100 and FINA 3770 (FINA 3770 may be taken concurrently.)
Examination of the process and methods of managing real property assets. Topics include property leasing, marketing, maintenance, personal supervision, value analysis, taxation and cash-flow analysis.
Prerequisites: REAL 2100.
REAL 4210 Advanced Property Management ( 3 hours )
Detailed focus on advanced aspects of managing real property assets. Topics include market analysis and segmentation, advanced asset management and risk management.
Analysis of real estate investments during the origination, operation and termination phases. Primary emphasis is on financial feasibility and cash-flow analysis.
Prerequisites: REAL 2100 and FINA 3770 (FINA 3770 may be taken concurrently.)
Theory and methods of residential and income property appraisal. Topics include real estate market analysis, highest and best use analysis, and capitalization techniques. Income property valuation techniques are emphasized.
Prerequisites: REAL 2100 and FINA 3770, (FINA 3770 may be taken concurrently.)
Major research project prepared by the student under the supervision of a faculty member and presented in standard thesis format. An oral defense is required of each student for successful completion of the thesis.
Prerequisites: Completion of at least 6 hours in honors courses; completion of at least 12 hours in the major department in which the thesis is prepared; approval of the department chair and the dean of the school or college in which the thesis is prepared; approval of
REAL 5350 Introduction to Real Estate and Investment Analysis ( 3 hours )
Advanced survey course on real estate, including topics in urban land economics, appraisal, law, finance, taxes and investments. Emphasis is on investment analysis of commercial property.
Prerequisites: None.
REAL 5400 Advanced Real Estate Valuation ( 3 hours )
In-depth study, application and evaluation of the theory and methods of residential and income property appraisal. Topics include case study analyses of the market comparison approach, the income capitalization approach and the cost approach to estimating value. Graduate students are required to complete group work, as well as a sequence of approximately ten complete case study solutions and presentations.
Prerequisites: REAL 5350 or consent of department.
Meets with REAL 4400.
REAL 5440 Advanced Real Estate Finance and Analysis ( 3 hours )
Emphasis on the financial management of real estate assets in an institutional setting with special attention given to evaluation and control of risk and return trade-off by the decision maker. Additional topics to be included are real estate finance instruments, financing techniques, real estate financing institutions and markets.
Prerequisites: REAL 5350 or consent of department.
REAL 5750 Real Estate Market and Feasibility Analysis ( 3 hours )
Analysis of commercial real estate investments. Focus is on the theory and methods of investment analysis in respect to tax and financial consequences.
Prerequisites: REAL 5350 or consent of department.
REAL 5780 Seminar in Real Estate Research ( 3 hours )
Open to graduate students who are capable of developing a problem independently. Problem chosen by the student and developed through conferences and activities under the direction of the instructor.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.
RMIN 2500 Principles of Risk and Insurance Management ( 3 hours )
Consumer-oriented study of basic risk theory, elementary risk management techniques and fundamental principles: individual life insurance and annuity products; automobile, homeowners, health and selected social insurance programs; insurers and their operations; guidelines for efficient purchase and use of insurance products. Recommended for all students, regardless of major field of interest.
Prerequisites: None.
RMIN 2996 Honors College Mentored Research Experience ( 3 hours )
Research experience conducted by a freshman or sophomore honors student under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; freshman or sophomore class status; consent of Honors College dean.
May only be taken once for Honors College credit.
RMIN 3996 Honors College Mentored Research Experience ( 3 hours )
Research experience conducted by an honors student with at least junior standing under the supervision of a faculty member.
Prerequisites: Admission to the Honors College; at least junior class status; consent of Honors College dean.
May only be taken once for Honors College credit.
Economic basis, fundamental principles, types of life insurance and annuity products, pertinent legal concepts, contract provisions, taxation of life insurance and annuity products, nature and operations of companies, and financial statements of life insurers; personal and business uses of life insurance and annuity products.
Liability exposures to loss and methods available to treat them; commercial general liability coverage, worker's compensation, business auto insurance; and other insurance products for treating commercial liability loss exposures. Liability insurance underwriting, rating and pricing.
Insurance company operations and management, including statutory accounting principles, financial management, underwriting, claims and reinsurance. Discussion of commercial property coverages and risk management techniques, including basic property insurance, consequential loss coverage, fidelity and surety bonding and crime coverages.
Reasons for employee benefit programs; group life, medical expense and disability income insurance programs; health maintenance organizations; pension programs and profit-sharing plans; tax considerations and government regulations.
Planning process and selected techniques for efficient disposition and administration of property interests; various tools, including wills, trusts, life insurance settlement options and powers of appointment; pertinent income, estate and gift tax provisions.
Study of financial effects of pure risk on businesses and not-for-profit institutions; policy, goals, objectives, organization of effort, identification and evaluation of risk; selection of risk treatment/financing tools; implementation and review of tools used; probability analyses of data and financial evaluation of alternative tools.
Major research project prepared by the student under the supervision of a faculty member and presented in standard thesis format. An oral defense is required of each student for successful completion of the thesis.
Prerequisites: Completion of at least 6 hours in honors courses; completion of at least 12 hours in the major department in which the thesis is prepared; approval of the department chair and the dean of the school or college in which the thesis is prepared; approval of
RMIN 5730 Risk Management Techniques for the Business Executive ( 3 hours )
Designed to acquaint the student with the economic concept of risk; types of risk and techniques for the discovery, evaluation and treatment of pure risk in the business situation. Examination of the nature of insurance and other risk treatment techniques; the role of the risk manager within the firm; industrial accident prevention as related to the risk manager's role; types of loss and their financial impact on the costs of loss prevention versus its benefits; the risk manager's relationship with insurers; and current problem areas for risk management today, as time allows.
Prerequisites: None.
RMIN 5770 Employee Benefits and Other Business Uses of Life and Health Insurance ( 3 hours )
Buy-sell agreements for businesses and life/disability income insurance funding, tax implications, group life, medical expense and disability income insurance plans, health maintenance organizations, pension plans, profit sharing plans, individual retirement accounts, Keogh plans, tax implications and regulation.
Prerequisites: None.
RMIN 5780 Financial and Estate Planning ( 3 hours )
Designed to prepare students to assist individuals with their financial and estate planning. Study of appropriate strategies, the planning process and pertinent statutes as well as selected tools and techniques utilized in the acquisition, conservation, management and disposition of property. Covers insurance and investment programs, buy-sell agreements, tax planning and shelters, wills, trusts, powers of appointment and other related topics in conjunction with applicable income, gift and estate tax provisions.
Open to graduate students who are capable of developing a problem independently. Problem chosen by the student and developed through conferences and activities under the direction of the instructor.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the CoB Graduate Programs Office prior to registration.