You are in the official 2004-2005 General Catalog
for California State University, Fresno.
Department of Finance and Business Law

COURSES
Business Administration (BA)
18. Business and the Legal Environment (4)
Prerequisite: sophomore standing. Introduction to legal system;
relation of ethics to law; administra tive, criminal, tort, and
labor law; and legal aspects of internation al trade. A more extensive
study of the law of contracts and agency. Case studies; discussion
and analysis.
50. Introduction to the Craig School of Business (1)
Introduction to business careers, career development, educational
options, and opportunities provided by the Craig School of Business.
Emphasis on Craig School of Business requirements, resources,
and expectations. Presentation of topics by faculty, staff, alumni,
and business executives. CR/NC grading only.
88. Public Law Environment of Business (1)
Not open to students who completed BA 18 at California State University,
Fresno. Relationship of ethics to law. Administrative law and
government regulation framework, labor and employment law framework,
and legal aspects of international trade.
100. Business and Real Estate Economics (3)
Prerequisites: ECON 40, 50. Applications of economic principles
in business and real es tate management; measure of profit, analysis
of demand, cost analysis; price, wage, and public policies; case
studies, analysis.
101. Business Ethics (3)
Traditional and contemporary ethical principles and their
historic context and relevance to business practice. Identifying
the ethical beliefs and values of self and others. Examining contemporary
business problems from an ethical perspective. Not open to students
who have completed AETH 102A.
104. Global Business (3)
Prerequisites: G.E. Foundation and Breadth Area D. Studies globalization
of business; role of trade, investment liberalization, and economic
integration; technology; multinational enterprises. Examines influence
of cultural, social, economic, political, geographic, philosophical,
and environmental forces on individual and institutional competitiveness
at regional, national and global levels; appropriate strategies.
G.E. Multicultural/International MI.*
* With advance approval, business majors may use this course to meet some option electives, but not to meet G.E. requirements.
120. Business and Society (3)
Examination of dynamic societal pressures affecting business.
Review of governmental, public and labor pressures on business
in a changing environment; business' impact upon various segments
of society. Ethical principles and their relationship to business.
150. Law and Business Activity (3)
Prerequisite: BA 18. Examination of the law of bailments, shipments,
sales, commercial paper, and secured transactions. Nature of property;
and the relation of the legal, ethical, and regulatory envi ronment
to commercial transactions. Case studies; discussion and analysis.
151. Law of Business Organizations (3)
Prerequisite: BA 18. Sole proprietorships, partnerships, limited
partnerships, and corporations; advantages and limitations; social
responsibilities. Effect of form on taxation and liability. Includes
securities regulation, bankruptcy and insurance. Case studies;
discussion and analysis.
154. Real Estate Law (3)
Meets California statutory course requirement for real estate
broker's license. Prerequisite: BA 18. Legal aspects of acquisition
and ownership of real estate; conveyances, mortgages, evidences
of title; planning and zoning.
155. Government Regulation and Control of Business (3)
Prerequisite: BA 18. Government and social control of private
enterprise, including examination of capitalism, private property,
administrative law and process, antitrust law, and development
of public policy through regulation and deregulation. Case studies;
discussion and analysis.
156. Labor Law (3)
Prerequisites: ECON 40, 50; BA 18, MGT 104, 106 recommended. Law
of industrial relations; histori cal and current principles for
legal settlement of labor-management disputes; statutes, court
decisions, administrative rulings; case studies; individual presentations.
160. Estate Planning (3)
The federal and state systems for regulating and taxing property
transfers during lifetime and upon death including the policy
and theory underlying the system and practical problems involved
in applying estate and gift tax laws.
163. E-Legal: Technology Law (3)
Prerequisites: BA 18. Legal issues in managing technology; intellectual
property law, including patent, copyright, trade secret, and trademark;
consideration of world commerce, tort, privacy, contract, antitrust,
and regulation; security and privacy issues in e-commerce.
174. Introduction to International Business (3)
Competing in global markets. Accommodating to differing cultural,
legal, and political systems. Role of start-up and medium-sized
firms, importing, exporting, international contracts, and investment,
multi-country production and distribution. Forecasting and compensating
for changing government policies, market conditions affecting
profitability.
175. Tools and Techniques of International Business (3)
Prerequisite: grade of C or better in BA 174 and FIN 120. Organizing
international operations, entering foreign markets using global
communications, finding business connections and potential imports
or exports. Selling abroad, government support services, pricing,
shipping, documentation, taxes, duties, quotas, trade licenses.
International personnel strategies, accounting systems, travel,
international business control.
176. The International Business Environment (3)
Prerequisite: grade of C or better in BA 174. Evolution of international
business. Political regimes, economic success and failure, identifying
prosperity, picking winners. Dealing with changing cultures, variations
within cultures. Doing business in unstable regions. Implications
of global downsizing. Trading blocks and their effects. Forecasting
and international business opportunities.
177. Legal Environment of World Commerce (3)
Prerequisites: BA 18; junior standing; BA 150 recommended. Seminar
on international sales, documents, credits, dispute resolution;
trade law, including GATT/WTO customs, tariff laws; regula tory
ethical environment of international marketplace, intellectual
property transfers, political risk, exploitation of labor and
environment.
178. International Finance (3)
Prerequisite: grade of C or better in FIN 120. Evolution of international
monetary system; balance of payment accounting; foreign exchange;
forecasting exchange rates; management of foreign exchange risk;
political risk analysis; foreign direct investment; international
money and capital markets; Eurocurrency markets; international
banking; international monetary and banking organizations.
189T. Topics in Business Administration
(1-3; max total 9 if no topic repeated)
Studies in business administration.
190. Independent Study (1-3; max total 6)
See Academic Placement -- Independent
Study. Approved for RP grading.
195. Internship (3; max total 6)
Prerequisite: permission of internship coordinator. Requires
150 hours of work at a pre-qualified, academically-related work
station (business, government or nonprofit agency). Reflective
journal, final report, and work station evaluation. As a course
substitution, prior department approval required. Only one internship
may count towards option requirements. CR/NC grading only.
200 Series Courses
Graduate courses are listed under Business
Graduate Program.
Finance (FIN)
30. Personal Financial Planning (3)
Personal financial analysis, planning, and management for
lifelong decision making. Topics include financial planning strategies;
money and credit management; home ownership; home, health, and
auto insurance needs; savings and investment strategies; and retirement
and estate planning. G.E. Breadth E1.
120. Principles of Finance (4)
Prerequisites: ACCT 4A; DS 71; IS 105W or ENGL 160W (IS or
ENGL course may be taken concurrently). Introduction to corporate
financial management, investments, and financial institutions.
Focus on financial policy, analysis, and valuation in a global
environment. Topics include capital markets, risk and return,
financial planning, capital budgeting, cost of capital, and working
capital management. (3 lecture, 2 lab hours)
121. Intermediate Financial Management (3)
Prerequisite: grade of C or better in FIN 120. Modern theories
of corporate finance; financial decision making under uncer tainty;
efficient allocation of financial resources; advanced financial
planning and control strategies.
122. Financial Institutions and Financial Markets (3)
Prerequisite: grade of C or better in FIN 120. Role of the Federal
Reserve in monetary policy; interaction of fiscal and monetary
policy; analysis of depository and nondepository financial institutions;
regulatory issues in financial markets; public policy toward financial
institutions.
123. Business Forecasting (4)
Prerequisite: DS 123; grade of C or better in FIN 120. Business
activity analysis; methods of forecasting; general and specific
forecasts; analysis of trends in product groups, sectors, regions,
and other areas of the world economy; mathematical models and
statistical decisions; analysis of case problems, computer lab.
(3 lecture, 2 lab hours) (Formerly FIN 136)
128. Security Analysis (3)
Prerequisite: grade of C or better in FIN 120. Analysis of securities
markets; debt and equity instruments; options and futures; fundamental
analysis; technical analysis.
129. Student Investment Fund (3)
Prerequisite: grade of C or better in FIN 128. Student-managed,
privately donated funds; design of investment strategies; analysis
of investment vehicles; fundamental and technical analyses; assessing
market and portfolio risks; portfolio performance evaluation.
(Formerly FIN 189T)
131. Entrepreneurial Finance (3)
Prerequisite: grade of C or better in FIN 120. Using financial
and entrepreneurial perspectives to make better decisions at each
stage of the entrepreneurial process, from identification of opportunity
to harvest. Issues: venture capital markets, deal structuring,
valuations, later stage financing, going public and other harvesting
methods.
133. Futures Markets (3)
Prerequisite: grade of C or better in FIN 120. Use of futures
contracts as speculative investments and as hedging devices to
reduce risk in securities portfolios and in domestic and international
business operations. Topics: financial futures, commodity futures,
futures markets, fundamental and technical analyses, hedging strategies.
(Formerly FIN 189T section)
138. Portfolio Management and Theory (3)
Prerequisite: grade of C or better in FIN 120 and 128. Methods
of determining the most desirable group of securities to build
in an investment portfolio; portfolio performance evaluation;
managing and hedging risk; program trading and portfolio insurance.
139. Financial Management (3)
Prerequisite: senior level standing. Finance majors must have
completed (or take concurrently) all other required courses in
the Finance Option. Nonfinance majors need permission of the instructor.
Integration of analysis and policy for business organizations;
decisions under uncertainty; analyzing and solving cases.
143. Risk and Insurance (3)
Fundamentals of insurance and risk management. Covers the basic
areas of property, liability, auto, life, health, and social insurance.
Other areas including marketing, underwriting, claims, investments,
and loss control.
144. Life Insurance (3)
Nature and use, types and forms of life and health insurance,
and annuities. Covers organization, management, and regulation;
employee benefit plans, social security.
146. Risk Management (3)
Property, liability, and personnel pure-loss exposures. Risk management
programs effectively treat ing the costs of pure risk, including
loss control and loss financing techniques. Analysis of various
types of commercial property and liability insurance contracts.
147. Retirement Planning (3)
Fundamentals of retirement planning; qualified and nonqualified
plans. Covers material required in preparing for the Certified
Financial Planning designation. Topics include retirement needs
and objectives, government regulations, various business and individual
retirement plans, plan funding and investing, plan installation,
administration, termination, and social security.
150. Financial Planning (3)
Prerequisite: permission of instructor. The concept of a total
coordinated system of personal financial planning; evaluate existing
programs, design improved plans and coordinate execution to achieve
stated objectives. Includes data gathering, the psychology of
financial counseling, and the counselor's fiduciary responsibilities.
Case studies.
154. E-Finance (3)
Prerequisite: grade of C or better in FIN 120 or MKTG 90. Application
of technology and the Internet to finance industry and financial
education; impact on retail and institutional finance; issues
in e-payment mediums, security, privacy, and taxation; e-banking,
e-trading, e-capital sources for individuals and businesses. (Formerly
FIN 189T)
180. Real Estate Principles (3)
Meets California statutory course requirement for real estate
salesperson's and broker's license. Theory and practice of urban
land use. Location and legal dimensions, planning, and market
pro cesses; financial and investment decisions in real estate;
computer analysis and case studies.
181. Real Estate Appraisal (3)
Prerequisite: grade of C or better in FIN 120 and 180. Theory
and determinants of real property value. Methods used in urban
and rural property appraisals. Statistical techniques and the
apprais al process; special purpose appraisals. Fieldwork required.
182. Real Estate Practices (3)
Meets California statutory course requirement for real estate
broker's license. Re lationship between public and private organizations
active in real estate; company formation; selling and marketing
techniques; financing; advertising; aspects of taxation; escrow
procedure; property insurance; com puter analysis and case studies.
183. Real Estate Finance (3)
Prerequisite: grade of C or better in FIN 120 and 180. Characteristics
and underwriting standards of institutions furnishing funds for
real estate investment and development. Alternative financial
instruments and their effect on property economics and value.
185. Housing Market Analysis (3)
Prerequisite: junior standing. Analysis of local and regional
housing markets and submarkets; avail ability of market data;
primary versus secondary data; design of data collecting instruments;
inter viewing techniques and interviewer bias; data analysis and
presentation of findings; field studies required.
189T. Topics in Finance
(1-3; max total 9 if no topic repeated)
Studies in business including agricultural economics, business
economics, legal environment of business, international business,
finance, financial services, risk and insurance, and real estate.
190. Independent Study (1-3; max total 6)
See Academic Placement -- Independent
Study. Approved for RP grading.
195. Internship (3; max total 6)
Prerequisite: permission of internship coordinator. Requires
150 hours of work at a pre-qualified, academically-related work
station (business, government or nonprofit agency). Reflective
journal, final report, and work station evaluation. As a course
substitution, prior department approbal required. Only one internship
may count towards option requirements. CR/NC grading only.
200 Series Courses
Graduate courses are listed under Business
Graduate Program.
Finance and Business Law Degrees
