You are in the official 2001-2002 General Catalog
for California State University, Fresno.
Department of Finance and Business Law

COURSES
Business Administration (B A)
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 B A 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 A ETH 102A.
104. Global Business (3)
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: B A 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: B A 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: B A 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: B A 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; B A 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.
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: B A 174 or permission of instructor, 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: B A 174 or permission of instructor. 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: B A 18; junior standing; B A 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: 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 SP 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 50, 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: 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: 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: FIN 120; DS 123. 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: FIN 120. Analysis of securities markets; debt and
equity instruments; options and futures; fundamental analysis;
technical analysis.
131. Entrepreneurial Finance (3)
Prerequisite: 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: 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: FIN 120, 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.
150. Financial Counseling (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.
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: FIN 120; FIN 180 or permission of instructor. 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: FIN 120; FIN 180 or permission of instructor. 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 SP 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
