Graduate Courses - all of the following are 3 credits

Business Law

BLW 610 - Business Law
This intensive course provides for a detailed study of the law of contracts, agency, commercial paper, including the nature and kinds of commercial paper, negotiabilities, presentment, liabilities of parties, rights and defenses of holders; the law governing the management and dissolution of partnerships and corporations.

BLW 615 - Business Law and Government Regulations
An intensive study of the legal aspects of real and personal property, including bailments, ownership and transfer of property, deed, leases, landlord-tenant relationship, mortgages; secured transactions under the Uniform Commercial Code; insurance and suretyship; the creation, nature and kinds of trusts, wills, and estates; bankruptcy. Special attention will be given to government regulation of business enterprise and legal liabilities of accountants.
Prerequisite: BLW 610 or equivalent.

BLW 618 - Health Care Law
This course is designed to help students understand the legal environment in which health care services are provided and to develop skills in analyzing many of the current legal issues facing health care administrators. Topics covered will include liability of practitioners and institutions, antitrust law and health care fraud and abuse. Clinical and managerial ethics will be covered as issues relate to corporate responsibility and clinical competence.
No prerequisites (3 credits) SU

BLW 620 - Employment Law
This course will focus on the legal regulation of employment. It will consider the varying rights and responsibilities of employers and employees throughout their relationship. Among the topics to be discussed are the hiring process, the terms and conditions of employment and the termination of the employment relationship.

BLW 625 - Sports Law
The sports law course will focus on substantive areas of the law that are related to sports, including antitrust, contracts, labor, intellectual property, privacy rights, SAG requirements and torts. A major theme of this course involves the need to balance between internal self-regulation of professional sports with external government oversight. Students in this course will read cases, participate in discussions, and answer questions formulated from a modified version of the Socratic Method. All students will take both a midterm and final exam, as well as write a term paper that discusses a substantive area related to sports law.
No prerequisites. (3 credits) WT, SU

BLW 630 - The Regulation of Electronic Media (Entertainment Law)
This course examines the law and policy towards radio, television, cable, satellite and internet communications. Through the case law method, the course will focus on the limited spectrum rationale for regulation of broadcasting, the Federal Communications Act, the Federal Communication Commission, the different treatment of broadcast and cable/satellite programming, concerns regarding media concentration, indecency, obscenity and parental control.
No prerequisites. BLW 625 recommended, but not required. (3 credits) FT

BLW 635 - International Law
This course is designed to address the foundations and applications of traditional, contemporary and developing concepts of international law. Covering topics from principles of international law, jurisdiction, international dispute resolution and enforcement, the EU, world trade and multinational enterprises to the seizure of national assets, among other issues, this course proposes to inform students of the impact of international law upon the maintenance of national and international order and commerce.

BLW 640 - Legal Issues in E-Commerce
This course is devoted to various legal issues that arise in the facilitation, management, and regulation of electronic commerce. Topics include, but are not limited to, rights in electronic information, information security, online transactions, trademark rights, domain name rights, regulating information content, and regulating online conduct.

Economics

ECO 601 - International Economic Systems and Trade Communities
An examination of selected evolving economic systems throughout the world with regard to their importance for the globally oriented manager. This will include Third World countries, Eastern European systems, Pacific Rim nations as well as Western Europe, Japanese and North American examples. In addition, the course will explore dimensions of trading blocs such as the European Community and the North American Free Trade Agreement. This course will include case studies and class presentations.

ECO 603 - Business, Government and Society
An integrative survey of the connections between the business sector and society and between business and the public sector; particularly at the federal level. Emphasis is on stakeholder analysis, corporate responsibility, public affairs management and business ethics. Government regulation of business and antitrust legislation and cases are analyzed. Globalization and technology are strongly emphasized in both the historical and 21st century perspectives. (3 credits) FT

ECO 610 - International Economics
Comparative costs, the terms of trade, and the gains from trade are analyzed. Additional topics include the effects of trade on resource allocation prices, production, consumption, and the distribution of income; trade growth and development, efficiency and competition; productivity and standards of living; economic integration, the cost of protection, and problems and issues of commercial policy; the foreign exchange market, the balance of payments, international capital movements, and the international monetary system. Policy measures for internal and external balance are also discussed.
Prerequisite: MBA 530

ECO 625 - Current Economic Issues
An examination of the current economic conditions and of issues that are relevant to the present economy and the economy of the twenty-first century. The emphasis is upon the current trends and future problems facing the U.S. economy. The topics that will be covered include such topics as money and fiscal policy, the business cycle, unemployment, social security and other pension systems, health economics, the environment and government regulation, international issues.
Prerequisite: MBA 530

ECO 645 - Business in American Economic History
This course presents a study of the evolution of business in American economic development from the colonial period onward. The central role of business will be emphasized, along with the integration of business values and societal values. Topics include: the entrepreneurial function, the changing structure of the economy, emergence of industrial and financial capitalism, the changing role of government.

ECO 646 - International Business in Central and Eastern Europe
The aim of this course is to provide general understanding of internationalization processes relevant to businesses with the special emphasis on the Central and Eastern Europe. This International Business course offers a platform to further develop interpersonal and analytical skills. The course can be adjusted to both executive and non-executive learning programs.
No prerequisites. (3 credits) WT, SU

ECO 647 - International Business in South-East Asia
This course will give the student the opportunity to analyze the relevance of country specific economic and cultural data in evaluating countries in Southeast Asia as locations in which to establish a business venture. After a general survey of the Southeast Asian economies and cultures, the data for select countries will be analyzed in detail with respect to their suitability for certain types of businesses. On completion of the course, the student will have more familiarity with data sources, types of data available, suggested ways of relating the data, and possible conjectures, which can be developed from the data, relevant to locating business opportunities.
No prerequisites. (3 credits) ST

ECO 648 - International Business in Africa
The aim of this course is to provide a general understanding of International Business with a special emphasis on Africa. Topics for discussion include a concise analysis of Afric''s vast natural resource base and geography; international trade involving Africa's minerals and raw materials; the investment climate; multilateral trade negotiations of the WTO system and Africa's participation in them; globalization and its effects in Africa; International Business Strategies of multilateral enterprises; the cultural, political, socio-economic, and legal structure and conditions prevailing in Africa, as well as national and international policies that regulate and guide Africa's intra - and extra- African business processes and relations in the global market place. The course will also give a practical and interdisciplinary survey of other relevant major issues, events and activities that constitute Africa as a real and potential market for International Business. Special emphasis will be paid to the activities of American corporations and other multinationals doing, or wishing to do business in, or with Africa, and how the opportunities of competition, investment and promotion of an enabling environment for business and sustainable development in Africa could be enhanced for the mutual benefit of the parties engaged in International Business in Africa. The course offers a platform to further develop interpersonal and analytical skills.
No prerequisites. (3 credits) FT, ST, SU

ECO 650 - International Business in the Middle East
This course focuses on general understanding of International Business with special emphasis on the Middle East Region. Discussion topics include Globalization and its effects in the region, the Middle East's economic, social and cultural structure in global market place, International Business Strategies of multinational enterprises in the Middle East, as well as possible future developments in the region. This International Business course offers a platform to further develop interpersonal and analytical skills.
No prerequisites. (3 credits) FT, WT, ST

ECO 661 - Commodity Markets
This is an introductory course on commodity markets and the contracts that trade in these markets. The course covers markets for energy products, currencies, and other physical commodities. It examines the nature of these markets and how they differ from financial markets. The trading and valuation of various derivative instruments and their use as speculative and hedging tools are examined.
Prerequisite: MBA 550. (3 credits) SU

ECO 990 - Special Topics: The European Union
An economics elective course meeting in May and June 2000 that will include a thirteen day visit to Reykjavik, Copenhagen and Stockholm. A chance to observe the European Union face-to-face, to visit corporate and governmental organizations and to absorb the full study-abroad experience.

ECO 991 - Special Topics in International Business and Economics
This course consists of an eight lecture series, featuring area experts who will discuss the historical, political and economic issues affecting business in Europe, Africa, the Middle East, India, China, the Far East, South America and North America visa vie the United States.
No prerequisites. (3 credits) SU

Finance

FIN 610 - Operations of the Financial System
An intensive study of money and credit, commercial banking, thrift institutions, central banking and monetary policy. Topics include portfolio structure, management theories, money market instruments, secondary credit instruments and institutions, interest rate theory, current monetary problems and policies, and international banking and financial issues.
Prerequisite: MBA 550

FIN 619 - E-finance
This course will introduce students to the ever-growing use of electronic systems in the financial services industry, including trading financial assets, and discuss its impact on the way the business is done in the financial market place. It will focus on such topics as e-cash management, e-trading in stocks, bonds, currency and other financial assets, e-financing, and e-banking. The course will also familiarize students with various concepts and issues that emerge from the application of electronic systems in financial transactions.
Prerequisite: MBA550 or equivalent.

FIN 620 - International Financial Management
The course presents the foundation of financial management for corporations with international operations. International financial management differs from the domestic version in two very important respects: presence of multiple currencies and different political, regulatory, and tax systems. Topics covered by the course include currency markets; concepts, measurement, and management of foreign exchange risk; foreign project evaluation and selection; political risk analysis; international financing and cost of capital; and multinational cash management. The instructional method combines cases and lecture material.
Prerequisite: MBA 550

FIN 625 - Financial Futures, Options and Swaps
This course will introduce the student to the use of options, swaps, and financial futures contracts in investment management. The course will primarily focus on how corporations use "off balance sheet products" namely futures, options, and swaps to manage their financial risk. The course will stress theory, as well as, application. A discussion of the principles of valuation of options and futures instruments will be followed by a brief review of empirical evidence.
Prerequisite: MBA 550

Fin 627 - Infrastructure Finance
This course deals with the planning, budgeting and financing of major infrastructure investment and improvement projects. Such areas as airports, highways, bridges and tunnels, public utilities, environmental investments and other public works are examined. Since the amount of capital required for infrastructure projects is generally very large, the course will discuss extensively accessing private capital markets, as well as both domestic and international loan and grant programs in addition to the usual municipal bond market for financing these projects.
Prerequisite: MBA 550 (3 credits) N

FIN 630 - Financial Models
This course teaches students to apply statistical teaches students to apply statistical techniques and model construction to special problems in finance. The student is expected to forecast a time series using a bivariate curve fitting model and a trend cycle, and seasonal components models. The student is also expected to run a multiple explanatory regression and a two-way ANOVA with different financial data.
Prerequisite: MBA 550

FIN 635 - Managerial Finance
Students gain a deeper understanding of financial management by building their own spreadsheet templates in a computer laboratory. They will construct financial statements and cash budgets; perform ratio, breakeven, and leverage analysis; make financial forecasts; calculate the time value of money; solve valuation and capital budgeting problems; and examine the behavior of the cost capital.
Prerequisite: MBA 550

FIN 638 - Management Issues in the Financial Services Industry
This course studies the business activities, management practices and competitive strategies in the changing financial services industry, including commercial banking, investment services and insurance. Topics include the role of financial institutions, industry structure, regulations, the risks addressed by each type of institution and practices to manage risk, bank lending and deposit management, liquidity and capital management, balance sheet analysis and profitability analysis. Students also explore competitive strategies, both successful and unsuccessful, in areas including branch banking, internet activities and mergers and acquisitions, and develop an understanding of the convergence occurring across traditional financial services industry lines. Case studies and guest speakers from the industry highlight key emerging trends and bring a real world perspective.
Prerequisites: MBA 550 and FIN 610. (3 credits) FT

FIN 640 - Investment Analysis
This course stresses fundamental theories of stock selection and evaluation, but also covers American technical and Japanese candlestick models. The student will be required to evaluate various fundamental stock selection techniques, using the five-year Value Screen computed data base.
Prerequisite: MBA 550

FIN 644 - Short Term Financial Management
This course provides the student with a deeper understanding of the day to day working operations of firms and financial institutions through experience with working capital management and with a concentration on cash management. Whereas working capital management involves management of current assets, current liabilities, and the net working capital position of the firm, cash management concentrates on cash flows, cash forecasting, risk management, and treasury management information systems technology. This course will also provide insight into the international dimensions of these concepts.
Prerequisite: MBA 550

FIN 650 - Portfolio Management
This course deals with institutional portfolio management. Topics examined are portfolio theory, its implementation, empirical studies, and implications of portfolio theory for general market equilibrium, and the evaluation of alternative portfolios.
Prerequisite: MBA 550

FIN 651 - Sports and Entertainment Finance
This course applies the concepts of financial resource management to the operation of programs in the sports industry to provide students with knowledge of financial management as it relates to the sports industry. Students will use financial information, methods and tools-long-term financing, budgeting, statement and ratio analysis, time value, cash flow management, breakeven analysis, and asset allocation-to analyze the success of sports organizations. The analysis of the financial structure of sport organizations and activities will address issues related to leagues, teams, tours, college programs, and sports facilities. Issues will be discussed relating to various sources and uses of funds (ticket prices, government subsidies, tax support, municipal and corporate bonds, concessions, fund raising, media revenues, players' salaries, sponsorship), as well as the ethics involved with controversial financial issues in sports. Financial details concerning for profits versus not-for-profits, including budgeting for events and facilities for professional, university, and recreation "arenas," will be compared.
Prerequisite: MBA 550. (3 credits) ST

FIN 661 - Commodity Markets
This is an introductory course on commodity markets and the contracts that trade in these markets. The course covers markets for energy products, currencies, and other physical commodities. It examines the nature of these markets and how they differ from financial markets. The trading and valuation of various derivative instruments and their use as speculative and hedging tools are examined.
Prerequisite: MBA 550. (3 credits) SU

FIN 670 - Global Financial Markets & Institutions
The course explores the working of the international financial markets and institutions. Topics discussed include international monetary system and balance of payments, exchange rate determination, international currency and capital markets, international financial institutions, regulatory and supervisory issues, innovations, and global integration. Both operational and institutional aspects of the markets are stressed.
Prerequisite: FIN 610 or permission of the instructor.

Fin 671 - Health Care Finance
Provides a detailed understanding of health services financial management for decision-making with emphasis on third-party payers and managed care organization analysis, financial statements and financial ratios analysis, capital investments, debt and equity financing and budgeting. The course emphasizes finance and cost accounting concepts that are essential for the nursing home administrator as well as other managers in a variety of health care organizations; it is approved by the NY State Bureau of Professional Credentialing to fulfill the financial management educational component for nursing home administrator licensure in NY State. The course will enhance the student's decision-making skills by utilizing computer-based instruction, case studies and practical applications to real world situations.
Prerequisite: MBA 520. MBA 550 is recommended. (3 credits) FT

FIN 675 - Corporate Financial Strategy
The primary functions of this course in corporate finance are to extend the student's knowledge of financial management and to provide insights into the complexity of the decisions faced by practicing financial managers. The course begins with a review of the theoretical framework of financial management, including a recap and extension of risk analysis and basic valuation concepts. The course then focuses on the firm's short-term financing and long-term investment decisions, the firm's capital structure and dividend policy decisions, the various methods of obtaining long-term capital, and a variety of special topics including mergers, LBO's, and divestitures. Various "mini cases" will be used to illustrate applications of the theory as well as to stimulate questions and discussion.
Prerequisite: MBA 550

FIN 680-89 - Investments Seminar
A course involving intensive study of a special topic in investments, such as venture capital, arbitrage, the commodities markets, financial planning or real estate.
Prerequisite: MBA 550

FIN 681 - Practicum in Business Resiliency for the Financial Industry
This course builds upon the foundations of risk management, business continuity planning, disaster management, crisis management and systems security to develop a comprehensive business resilience program for a firm. It will focus on the financial industry, although the concepts addressed can be applied to any industry. This course will cover the key components of a resiliency plan, survey the regulatory and governmental requirements around the globe, including privacy laws, discuss the human aspects of implementing the plan, and provide guidance in selecting the right tools for the organization to support the plan. Enterprise risk management will be discussed including financial risks such as credit, market, interest rate, and foreign exchange risks. The role of insurance will be covered. This course will identify how the myriad of threats can be addressed by a well structured plan and why just having a plan is no guarantee of survival. Students will have an opportunity to develop and evaluate various business continuity plans.
No prerequisites. (3 credits) WT

FIN 990 - Special Topics
In the Spring 2000, the Special Topic under study will be Derivative Securities and IPOs.
This course focuses on the theory and applications of derivative securities. In addition, the process, costs, and performance of Initial Public Offerings will be analyzed. The course will also explore the models available for forecasting earnings and their effectiveness.

FIN 695 - Finance MBA Internship
MBA students are placed in a private organization or public agency to 1) carry out an assigned financial project, 2) engage in day-to-day functioning of the establishment, and 3) learn how a modern corporation is organized and operates under the direct supervision of an executive of the organization and a department faculty. Students engaged in the internship will meet with the faculty supervisor periodically to report the progress and discuss any issues relating the internship.
Prerequisites: MBA core plus FIN 610, one other finance course, and permission of the department chair. MNG 625 is recommended. (3 credits) N