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Department of Finance,Insurance, Real Estate and Law

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Departments

  • FIREL Department
  • (940) 565-3050
  • BA 177

FIREL Courses

BLAW 2000 Personal Law (3 hours)
Course Schedule
A 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.
BLAW 3430 Legal and Ethical Environment of Business (3 hours)
Course Schedule
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 1050, or equivalent.
BLAW 4430 Legal Organizations and Financial Transactions (3 hours)
Course Schedule
Legal aspects of agency, partnerships, corporations, commercial paper, secured transactions and bankruptcy.
Prerequisites: BLAW 3430 or consent of instructor.
BLAW 4450 Corporation Law (3 hours)
Course Schedule
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.
BLAW 4480 International Business Law (3 hours)
Course Schedule
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.
Prerequisites: BLAW 3430 or equivalent, or consent of instructor.
BLAW 4600 Current Topics in Business Law (3 hours)
Course Schedule
Designed to provide information on the legal environment of specified functional areas as required by developing trends and/or changes in the law. May be repeated for credit as topics vary.
BLAW 4770 Real Estate Law and Contracts (3 hours)
Course Schedule
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.
BLAW 4790 Property Management Law (3 hours)
Course Schedule
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.
Prerequisites: BLAW 3430 or consent of instructor
BLAW 4900 Special Problems (1 to 3 hours)
Course Schedule
See department advisor for details
BLAW 5050 Legal, Regulatory and Ethical Environment of Business (1.5 hours)
Course Schedule
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.
BLAW 5400 Law for Accountants and Managers (3 hours)
Course Schedule
A 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.
BLAW 5600 Current Topics in Law (3 hours)
Course Schedule
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. May be repeated for credit as topics vary.
BLAW 5610 Legal Issues in Electronic Commerce (3 hours)
Course Schedule
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
BLAW 5760 Insurance Law (3 hours)
Course Schedule
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.
BLAW 5770 Advanced Real Estate Law and Contracts (3 hours)
Course Schedule
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.
BLAW 5900 Special Problems (1 to 3 hours)
Course Schedule
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 COBA Graduate Advising Office prior to registration.
BLAW 6790 Legal Aspects of Higher Education (3 hours)
Course Schedule
Legal aspects and issues affecting institutions of higher learning and their administrations, faculties and students. Analyses of decisions rendered by the federal and state courts concerning procedural and substantive due process, civil rights, and the operation and function of higher education.
FINA 1000 Freshman Investment Seminar (1 hours)
Course Schedule
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.
FINA 2770 Personal Finance (3 hours)
Course Schedule
Financial planning, insurance, budgeting, credit, home ownership, savings, investment and tax problems.
FINA 3770 Finance (3 hours)
Course Schedule
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 2020 or equivalent with grades of C or better, or consent of department
FINA 4200 Investments (3 hours)
Course Schedule
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 2020 or equivalent with grades of C or better
FINA 4210 Introduction to Derivatives (3 hours)
Course Schedule
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)
Course Schedule
Analyzing issues related to corporate liquidity problems and solutions related to the management of short-term assets and liabilities
Prerequisites: FINA 3770 with a grade of C or better
FINA 4310 Valuation and Financial Decisions (3 hours)
Course Schedule
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)
Course Schedule
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 Management of Financial Institutions (3 hours)
Course Schedule
FINA 4400 (may be taken concurrently)
Prerequisites: FINA 4400 (may be taken concurrently)
FINA 4500 International Finance (3 hours)
Course Schedule
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
FINA 4610 Comprehensive Financial Planning (3 hours)
Course Schedule
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 INSU 2500 or 4200 with grades of C or better
FINA 4800 Internship (3 hours)
Course Schedule
Supervised work in a job relative to student's career objective. Prerequisite(s): student must meet the employer's requirements and have consent of the department chair. Pass/no pass only.
FINA 4900 Special Problems (1 to 3 hours)
Course Schedule
See department advisor for details
FINA 5040 Introduction to Finance and Financial Mathematics (1.5 hours)
Course Schedule
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
FINA 5170 Financial Management (3 hours)
Course Schedule
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, MSCI 5010, and completion of or concurrent enrollment in ACCT 5130. Students with 15 credit hours of approved undergraduate finance courses may elect to substitute another 5000-level finance course fo
FINA 5210 Investment Analysis and Management (3 hours)
Course Schedule
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 5000 or equivalent; MSCI 5180 or equivalent; ACCT 2030 or 5020 or equivalent; MATH 1190 or equivalent, or consent of department
FINA 5220 Theory and Application of Financial Derivatives (3 hours)
Course Schedule
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 5210 or equivalents; ECON 1100 or 5000 or equivalent; MSCI 5180 or equivalent; ACCT 2030 or 5020 or equivalent; MATH 1190 or equivalent
FINA 5230 Portfolio Management and Security Analysis in Investments (3 hours)
Course Schedule
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, MSCI 5180, or consent of instructor
FINA 5310 Advanced Topics in Financial Management (3 hours)
Course Schedule
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 5000 or equivalent; MSCI 5180 or equivalent; ACCT 2030 or 5020 or equivalent; MATH 1190 or equivalent
FINA 5400 Financial Markets and Institutions (3 hours)
Course Schedule
The 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 5000 or equivalent; MSCI 5180 or equivalent; ACCT 2030 or 5020 or equivalent; MATH 1190 or equivalent
FINA 5410 Advanced Management of Financial Institutions (3 hours)
Course Schedule
Current problems and issues in the management of financial institutions are covered in readings, case problems and computer simulation models.
Prerequisites: FINA 5400
FINA 5500 International Financial Management (3 hours)
Course Schedule
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 5000 or equivalent; MSCI 5180 or equivalent; ACCT 2030 or 5020 or equivalent; MATH 1190 or equivalent
FINA 5510 Theory of Finance (3 hours)
Course Schedule
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
FINA 5650 Contemporary Issues in Finance (3 hours)
Course Schedule
Current topics as selected by the instructor. May include cases and/or lecture format.
FINA 5700 Integrative Capstone Course in Finance (3 hours)
Course Schedule
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, 5310, 5400 and 5500. One or two prerequisites may be taken concurrently
FINA 5900 Special Problems (1 to 3 hours)
Course Schedule
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 COBA Graduate Advising Office prior to registration.
FINA 6010 Seminar in Business Administration (3 hours)
Course Schedule
Covers one or more special fields.
Prerequisites: Approval of the PhD program adviser in the department. May be repeated for credit, and two or more sections may be taken concurrently.
FINA 6100 The Theory of Financial Decisions. (3 hours)
Course Schedule
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)
Course Schedule
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
FINA 6900 Special Problems (1 to 3 hours)
Course Schedule
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 COBA Graduate Advising Office prior to registration.
FINA 6910 Independent Doctoral Research (1 to 12 hours)
Course Schedule
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 COBA Graduate Advising Office prior to registration.
FINA 6940 Individual Research (1 to 12 hours)
Course Schedule
approved applications for special problems/independent research/dissertation credit must be submitted to the COBA Graduate Advising Office prior to registration.
Prerequisites: Approved applications for special problems/independent research/dissertation credit must be submitted to the COBA Graduate Advising Office prior to registration.
FINA 6950 Doctoral Dissertation (3 to 9 hours)
Course Schedule
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 COBA Graduate Programs Office prior to registration. May be repeated for credit.
INSU 2500 Principles of Risk and Insurance Management (3 hours)
Course Schedule
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.
INSU 4200 Life Insurance (3 hours)
Course Schedule
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.
INSU 4300 Property and Liability Insurance I (3 hours)
Course Schedule
Property and liability exposures to loss, and methods available to treat them; standard fire policy, consequential loss coverage, liability policies and worker's compensation; regulation, claims payment process, underwriting, rate making and reinsurance.
INSU 4310 Property and Liability Insurance II (3 hours)
Course Schedule
Advanced topics, including ocean marine insurance, inland marine insurance, boiler and machinery insurance, fidelity and surety bonding, crime insurance, credit insurance, and selected commercial multiple-line coverages; insurer operations, including marketing, investments and profitability determinations.
INSU 4400 Employee Benefit Programs (3 hours)
Course Schedule
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.
INSU 4500 Estate Planning (3 hours)
Course Schedule
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: ACCT 2010 and 2020 and BLAW 3430; or equivalent experience
INSU 4600 Risk Management (3 hours)
Course Schedule
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.
INSU 4800 Internship (3 hours)
Course Schedule
Supervised work in a job related to student's career objective. Prerequisite(s): student must meet the employer's requirements and have consent of the department chair. Pass/no pass only.
INSU 4900 Special Problems (1 to 3 hours)
Course Schedule
See department advisor for details
INSU 5730 Risk Management Techniques for the Business Executive (3 hours)
Course Schedule
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.
INSU 5770 Employee Benefits and Other Business Uses of Life and Health Insurance (3 hours)
Course Schedule
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.
INSU 5780 Financial and Estate Planning (3 hours)
Course Schedule
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.
INSU 5900 Special Problems (1 to 3 hours)
Course Schedule
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 COBA Graduate Advising Office prior to registration.
REAL 2100 Principles of Real Estate (3 hours)
Course Schedule
A 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.
REAL 3100 Real Estate Agency (3 hours)
Course Schedule
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.
REAL 4000 Real Estate Finance (3 hours)
Course Schedule
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, or consent of department
REAL 4200 Property Management (3 hours)
Course Schedule
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 or consent of department
REAL 4300 Real Estate Investments (3 hours)
Course Schedule
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, or consent of department
REAL 4400 Real Estate Valuation (3 hours)
Course Schedule
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, or consent of department
REAL 4800 Internship (3 hours)
Course Schedule
Supervised work in a job related to student's career objective.
Prerequisites: Student must have 2.8 overall GPA, meet employer's requirements and have consent of department chair. Pass/no pass only.
REAL 4900 Special Problems (1 to 3 hours)
Course Schedule
See department advisor for details
REAL 5350 Introduction to Real Estate and Investment Analysis (3 hours)
Course Schedule
An 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.
REAL 5440 Advanced Real Estate Finance and Analysis (3 hours)
Course Schedule
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)
Course Schedule
Analysis of financial and non-financial factors influencing the investment feasibility of income-producing property.
Prerequisites: REAL 5350 or consent of department
REAL 5760 Advanced Real Estate Investments and Analysis (3 hours)
Course Schedule
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)
Course Schedule
Reading and analysis of current real estate literature and research. Topics vary.
Prerequisites: REAL 5350, 5440 and 5760
REAL 5900 Special Problems (1 to 3 hours)
Course Schedule
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 COBA Graduate Advising Office prior to registration.