Medaille College Undergraduate Academic Catalog 2009-10

Medaille College Undergraduate Academic Catalog 2009-2010 FNS 320 RETIREMENT PLANNING AND EMPLOYEE BENEFITS This course provides an overview of the various qualified and non-qualified plans. A study is made of the following topics: personal tax-deferred retirement programs; qualified retirement plan design; government sponsored plans; group life, health and disability insurance; nonqualified deferred compensation; costs and funding requirements of federal laws; and tax considerations. Three credit hours. Prerequisite: FNS 201 or FNS 300. Offered Fall semester.

FNS 325 INSURANCE PLANNING This course introduces the principles of risk management and insurance. Topics covered will include the identification of risk exposures; selecting appropriate risk management techniques; risk transfer through the use of life, health, casualty and liability insurance; basic insurance contracts; and an introduction to the insurance industry. Three credit hours. Prerequisite: FNS 201 or FNS 300. Offered Fall semester.

FNS 330 ESTATE PLANNING This course studies the estate planning process. Topics included are: the fundamentals of federal estate and gift taxation; methods of exclusion and valuation; wills, intestacy, and the probate process; trusts; property ownership forms; charitable transfers; and business transfers. Three credit hours. Prerequisite: FNS 201 or FNS 300. Offered Spring semester.

FNS 340 REAL ESTATE LOANS: STRUCTURE AND ANALYSIS A thorough consideration of real estate as a growing component of banks' loan portfolios. Course includes a specific investigation of various banks' loan policies, risk analysis, loan pricing and servicing, and other related topics. Construction lending is reviewed as well. Three credit hours.

Prerequisite: FNS 305. Offered as needed.

FNS 377 FIELD EXPERIENCE I This course provides the student with both observational and “hands-on� learning experience through participation in an internship, ideally in the specific area of the financial services field in which the student will be seeking employment. Students who are already on an established career path may enhance their visibility in the organization by completion of a special project related to their careers, subject to prior approval of the Director of Academic Field Placements.

Three credit hours. Prerequisites: CIS 115, FNS 201, FNS 300, MKT 215, Junior standing, and a 2.0 cumulative GPA. Offered every semester.

FNS 398 SPECIAL TOPIC IN FINANCIAL SERVICES (Topic to be specified each semester course offered.)

FNS 405 BANKING LAW AND REGULATION This course deals with the general regulation of banking, bank holding companies and other financial institutions. Topics to be covered include bank failures, FDIC, antitrust litigation, bank mergers and commercial transactions. Three credit hours. Prerequisite: BUS 315. Offered as needed.

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