ECON 442: Economic Development A study of the economics of growth as applied to less developed nations. There is an emphasis on the prerequisites for growth, the factors which retard growth, and public policies appropriate for achieving the desired rate of growth. Prerequisite: Minimum grade of C in BCOR 111 or BCOR 112 3 credits ECON 443: Comparative Economic Systems A study of how societies with differing social, political and economic preferences have organized themselves to satisfy human needs with an emphasis on the theory and practice of socialism, capitalism and modern variations. Prerequisites: Minimum grade of C in BCOR 111 or BCOR 112 3 credits ECON 453: Environmental Economics A study of environmental issues and of policies that propose to address them. Topics include property rights, public goods, externalities, Coaseâ€™s Theorem, and the institutions and policies designed to address problems associated with the environment. Prerequisite: Minimum grade of C in BCOR 111 3 credits
FINANCE (BSBA) The Finance curriculum promotes the understanding of financing, business investments, optimal dividend payments, lending regulations, and financial products and services as preparation for a competitive career entry position in finance. In the Finance program, students participate in a hands-on stock track simulation that gives them an opportunity to explore investing in real time. Furthermore, the Student Investment Trust allows students to apply investment concepts by investing Trust money in stock and bond markets. Finance graduates are prepared to take a Series 7 brokerage license and the level 1 CFA certification. Finance graduates have also completed the background for preparation for the CFP exam. Coupling degrees in finance with a second major (such as risk management and insurance or accounting) can help a graduate become more marketable. There are a wide variety of rewarding careers in finance that are in high demand. The career path for most finance majors follows tracks in corporate finance or financial services. The following courses must be completed to satisfy the requirements for the BSBA in Finance: FINC 310/Financial Markets and Institutions FINC 312/Financial Management II FINC 313/Investments FINC 420/Security Analysis and Portfolio Management FINC 450/Retirement and Estate Planning And three credits of advanced Finance electives planned with the studentâ€™s advisor.
COURSE DESCRIPTIONS FINC 300: Introduction to Risk Management and Insurance The primary focus of this introductory course includes the Risk Management Process, the nature of the Insurance Industry and the evaluation of life, health, property and liability risks. The course will place am emphasis on Personal Lines Property and Casualty Insurance Products. Life Insurance, Health Insurance and Financial Planning topics will be outlined at the end of the course. This course is also listed as RISK 300. Prerequisite: Sophomore standing 3 credits FINC 310: Financial Markets and Institutions This course is an introduction to the relationship between financial markets and the rest of the economy emphasizing the role that financial institutions play in channeling funds from savers to investors. The course includes a survey of the functions of financial institutions (emphasizing commercial banks), securities markets, and financial instruments.