Finance, Insurance and Real Estate (FIRE) Graduate Course Descriptions
FIRE 527. International Accounting and Finance.
On the basis of analysis of annual reports, students will be given an overview of the differences existing in financial reporting systems in foreign countries. Insight into the state-of-art techniques in risk adjusted capital budgeting. Prereq.: ACCT 291, 292, FIRE 371. 3 credits DEMAND.
FIRE 571. Corporate Financial Policies.
Corporate financial decision making, adjustments to changing conditions, market structure and corporate capital instruments, capital market movements and financial decisions. Prereq.: 371. 3 credits F, S, SUM.
FIRE 572. Financial Institutions.
Role in the economy, current issues/controversies in banking and intermediation, international aspects of financial intermediation. 3 credits F, S, SUM.
FIRE 573. International Finance.
Foreign exchange, currency and derivative markets, currency risk management, international investment and financing decisions, multinational corporate financial decisions. Prereq.: 371. 3 credits F.
FIRE 574. Security Analysis.
Organization of securities markets, risk and return analysis, modern portfolio theory, efficient market theory, fixed income securities, equity securities, and derivative securities. Prereq.: 371, 373. 3 credits S.
FIRE 575. Life and Health Insurance.
Individual life and health insurance and employee benefits, estate and financial planning, insurance company management and operations, regulation, public policy issues. 3 credits F.
FIRE 576. Property and Liability Insurance.
Property and liability risks, contracts, insurance law and regulation, company management and operations. 3 credits S.
FIRE 577. Financial Management
Basic concepts in finance: time value of money, financial ratio analysis, and security valuation. Corporate financial decisions: capital budgeting, choice of capital structure, and working capital management. 3 credits F, S.
FIRE 579. Social Insurance.
Economic security; public and worker's compensation programs designed to alleviate the perils of premature death, poor health, retirement, unemployment, and poverty. Program structure, financing, and policy are covered. 3 credits F.
FIRE 580. Employee Benefits and Group Insurance.
Employee benefit plan design, group insurance contract provisions, group life and health coverage, pension plans, cost containment, and taxation. 3 credits S.
FIRE 581. Financial Derivatives.
Will discuss the characteristics and functions of financial derivatives. The emphasis will be on corporate risk management applications of financial derivatives. Pricing models of derivatives and trading strategies using derivatives to hedge financial risks will be discussed. 3 credits F.
FIRE 583. Real Estate Finance and Investments.
Cash flows generated by commercial investment real property, from both the lender's and investor's viewpoint. Ratio and return analysis. Primary and secondary mortgage markets. Prereq.: 378 or permission of department. 3 credits F.
FIRE 584. Real Estate Appraisal.
Cost, income, and market approaches to value of real property assets. Professional narrative appraisal employing comparable sales analysis, depreciated cost analysis and discounted cash flow analysis. Professional ethics and uniform standards of professional appraisal practice. Prereq.: 378 or permission of department. 3 credits S.
FIRE 587. Management of Financial Institutions.
Decision making in commercial banks and other depository institutions. Asset, liability, and capital management issues. Lending, depository, and trust functions. Prereq.: 371. 3 credits S.
FIRE 590. Topics in Finance, Insurance and Real Estate.
Cases and/or student research, class involvement. Options and futures, mergers and acquisitions, health care finance ethics, real estate brokerage, capital investment decisions, and emerging issues. May be repeated with different topics to a maximum of six credits. Prereq.: Senior Finance, Insurance or Real Estate Major. MBA. 1-3 credits DEMAND.
FIRE 598. Business Consulting.
Teams of students work as consultants to area businesses and non-profit organizations to diagnose and solve actual business problems. Written and oral report required. Prereq.: 371, MKTG 320, ACCT 292, BCIS 240, 241, MGMT 301, and permission of department. 3 credits F, S.
Finance, Insurance and Real Estate (FIRE) Courses for Graduate Students Only
FIRE 605. Business Seminar.
Selected topics related to finance or insurance and real estate. 3 credits DEMAND.
FIRE 672. Readings in Finance.
Special readings in the subject area. 3 credits DEMAND.
FIRE 675. Readings in Insurance and Real Estate.
Special readings in the subject area. 3 credits DEMAND.
