Distinguished Professor: Carol J. Miller, M.B.A., J.D.
Professors: Wayne L. Anderson, M.B.A., J.D.; John S. Bowdidge, Ph.D.; C. Edward Chang, Ph.D.; Kee S. Kim, Ph.D.; Robert W. Owens, Ph.D.
Associate Professors: Stanley R. Adamson, Ph.D., ARM; Susan J. Crain, Ph.D.; Walt A. Nelson, Ph.D.
Assistant Professors: K. Stephen Haggard, Ph.D.; Stanley A. Leasure, CPA (inactive), J.D.; James D. Philpot, Ph.D.; James R. Scott, Ph.D.; H. Douglas Witte, Ph.D.; Y. Jenny Zhang, Ph.D.
Instructors: Nancy J. Allen, J.D.; James M. Simmerman, M.B.A.
Emeritus Professors: John E. Adamson, M.B.A., J.D.; Vencil J. Bixler, Ph.D., CLU, ChFC; Ivan D. Calton, Ed.D.; F. Joel Chaney, D.B.A.; Frank L. Clark, Ph.D.; John K. Litvan, Ph.D.; Ralph K. Manley, M.B.A.; John E. Patton, CLU, CPIM, M.S. in Ed.; James B. Pettijohn, Ph.D.; George S. Swales, Jr., Ph.D.
AACSB International—The Association to Advance Collegiate Schools of Business – all programs.
Credit by Examination is available. Refer to the Credit by Examination policy in the Academic Regulations section of the catalog.
The following graduate programs are available:
Master of Business Administration degree administered by the College of Business Administration.
Refer to the Graduate Catalog for more information.Accelerated Master of Business Administration degree: Eligible undergraduate students majoring in the College of Business Administration may apply for preliminary acceptance into the Master of Business Administration degree program during the second semester of their junior year after admission requirements for the accelerated masters program have been satisfied. If approved, up to six hours of graduate level COBA courses taken in the senior year may be designated as “mixed credit” and counted toward both the undergraduate and graduate degree programs. See the Graduate Catalog or contact the MBA program director for further information and guidelines.
For courses to be designated as Mixed Credit, the graduate advisor, undergraduate department head, and Graduate College dean must approve by signing the Permission for Mixed Credit form. This form must be provided to the Office of the Registrar in Carrington Hall 320 no later than the end of the Change of Schedule Period for the semester.
Actuarial Science: Students may pursue a career as an actuary by choosing a major and minor in related areas and selecting appropriate electives. Students interested in Actuarial Science typically major in Mathematics and minor in Risk Management and Insurance. Help in preparing for the early actuarial exams is available through the mathematics department. For more information, contact the Finance and General Business Department or the Mathematics Department.
Internships: With permission, majors in the Finance and General Business Department may receive a total of one to three credit hours for approved internship experiences(s) in their major area (general business, finance, financial planning, real estate, and/or insurance.) The department’s internship course is listed in the catalog as FGB 494, Internship. The schedule of classes, and thus student transcripts, will indicate the academic discipline appropriate for the particular internship experience.
ACC 321(3); FGB 381(3), FGB 485(3); RIL 314(3), and RIL 538(3)
**May be waived by proficiency exam.
FGB 135 Introduction to Business
A survey of business which includes an evaluation of the social and economic environment in which it operates, followed by a look at business organization, management, finance, accounting, production, marketing, insurance, law, and data processing. Designed to serve three groups of students--those majoring in other departments who would like to develop a broad understanding of business through a single course; those who are undecided about a major and would like to explore business as a possibility; and those freshmen planning a major in some area of business who would like a broad understanding of business in order to make a specific selection of their major. A declared major in the College of Business Administration who has accumulated more than 30 semester hours of credit at the time of enrollment in the course will not receive credit for the course. 3(3-0) F,S
A study of personal finance topics from the consumer and societal perspectives. Topics include the preparation and interpretation of personal financial statements and budgets, the time value of money, personal saving, financial market and investment fundamentals, the effective use of consumer credit, personal bankruptcy, insurance principles, automotive and housing decisions, principles of personal taxation, and retirement planning. This course will provide students with the concepts and critical thinking skills to understand the effects of financial decisions on individuals, families, and society. 3(3-0) F,S
FGB 200 Topics in General Business
A variable content course with topics that can change from semester to semester. Topics are identified by title in the class schedule. Examples are: Personal Budgeting, Residential Home Construction, Insurance for the Family, Personal Credit Management, and Business Ethics. May be repeated to a total of 6 hours. 1-3 D
Prerequisite: undergraduate business majors must be admitted to COBA. History of business; contributions of individuals and companies in evolution of modern business principles and practices. 2(2-0) D
FGB 305 Service Learning in Business
Prerequisite: 30 hours and concurrent registration in a Finance and General Business department course designated as a service learning offering; and undergraduate business majors must be admitted to COBA. This service component for an existing course incorporates community service with classroom instruction in business to provide an integrative learning experience that addresses the practice of citizenship and promotes an awareness of and participation in public affairs. Includes 40 hours of service that benefits an external community organization, agency, or public service provider. Approved service placements and assignments will vary depending on the course topic and learning objectives; a list of approved placements and assignments is available from the instructor and the Citizenship and Service Learning Office. May be repeated but no more than two hours of service learning credit may count toward graduation. 1 F,S
FGB 307 Business in the Community
Prerequisite: undergraduate business majors must be admitted to COBA. Study and application of business within the community. Topics include: planning and management of organizations from the viewpoint of education, community, and business; development of new business; organizational structure; interpersonal skills; funding and allocation resources of private, public and non-profit organizations. Allows for direct contact with local community leaders in education and business as well as opportunity to develop individual skills. Group dynamics and individual initiative are emphasized. May be available with FGB 305 Service Learning option and be repeated to a total of 6 hours. 2 F,S
FGB 310 Fundraising Principles and Practices for Nonprofit Agencies
Prerequisite: undergraduate business majors must be admitted to COBA. Comprehensive study of various funding sources for not-for-profit organizations. Explores relationships with umbrella organizations, techniques of fundraising, government funding, grantsmanship, budget control and accountability. 3(3-0) D
FGB 350 Entrepreneurial Finance
Prerequisite: ACC 201. This course introduces the non-business major to the finance function within the small business. Topics include financial statement analysis, financial planning and forecasting, asset valuation, the time value of money, capital budgeting, cost of capital, working capital, break-even, leverage, business plans, and venture capital. This course may not be used to satisfy any requirements for a COBA major. Students may not receive credit for both FGB 350 and FGB 380. 3(3-0) F
Prerequisite: 54 hours including ACC 201 and ACC 211 and ECO 155 and ECO 165; and QBA 237 or equivalent; and undergraduate business majors must be admitted to COBA. An introduction to topics in corporate financial management, including financial markets, time value of money, asset valuation, risk and return, financial analysis and forecasting, capital budgeting, sources, and costs of capital. 3(3-0) F,S
FGB 381 Personal Financial Planning
Prerequisite: 54 hours; undergraduate business majors must be admitted to COBA. A course designed to introduce students to most of the major personal financial planning problems that individuals and families encounter. Emphasis is placed on the financial planner's activities to assist individuals and families in creating personal financial statements and household budgets, developing effective money management practices, and addressing taxation, housing, credit, insurance, investment, estate planning and other important finance issues. 3(3-0) F,S
FGB 384 Financial Markets and Intermediaries
Prerequisite: ACC 201 and ACC 211 and ECO 155 and ECO 165; undergraduate business majors must be admitted to COBA. An overview of the organization and operation of major financial markets including money, bond, mortgage, equity, derivative, and international markets, and financial intermediaries including lenders, insurance companies, pension funds, investment banks, investment companies, and real estate investment trusts. 3(3-0) F,S
Prerequisite: grade of B- or better in FGB 380; and undergraduate business majors must be admitted to COBA. An introduction to the study of financial analysis, including a critical examination of the strengths and weaknesses of current financial reporting. 3(3-0) F,S
FGB 390 Intermediate Financial Management
Prerequisite: grade of B- or better in FGB 380; and undergraduate business majors must be admitted to COBA. An in-depth study of corporate financial management concepts, including risk and return, valuation, financial analysis and forecasting, capital budgeting, cost of capital, capital structure, working capital, leasing, and global finance. The course utilizes electronic spreadsheets as a tool to enhance the quality of financial decisions. 3(3-0) F,S
FGB 394 Cooperative Education in Finance and General Business
Prerequisite: acceptance into Cooperative Education Program and permission of department head; undergraduate business majors must be admitted to COBA. The opportunity to earn academic credit in a planned learning process that integrates academic training with a supervised work experience. This is a variable content course that may be repeated to a total of 6 semester hours in Cooperative Education. 1-3 D
Prerequisite: undergraduate business majors must be admitted to COBA. A variable content course with topics that can change from semester to semester. Topics are identified by title in the schedule of classes. Examples include: Employment Discrimination Law, Tax Planning for Real Estate Investments, and special courses in Insurance. May be repeated to a total of 6 hours. 1-3 D
FGB 480 Financial Decision Making
Prerequisite: FGB 390; undergraduate business majors must be admitted to COBA. Application of the concepts and techniques of finance to solve financial management problems faced by contemporary companies. The course emphasizes the development of financial decision-making skills through in-depth case analysis. 3(3-0) F,S
Prerequisite: grade of B- or better in FGB 380; and either FGB 384 or ECO 305; and undergraduate business majors must be admitted to COBA. A study of the management problems encountered in banking. The emphasis is upon the application of analysis and problem solving techniques to the solution of realistic problems and opportunities of individual banking institutions. The case study method is an integral learning technique. 3(3-0) S
Prerequisite: grade of B- or better in FGB 380; and undergraduate business majors must be admitted to COBA. A survey of investment principles, investment environments, security valuation, and financial markets. 3(3-0) F,S
Prerequisite: FGB 485; and undergraduate business majors must be admitted to COBA. An extension of Investments I, including an in-depth study of security analysis, investment strategy, portfolio theory, risk analysis, and management. Hedging and speculating with domestic and international securities will also be explore. 3(3-0) F,S
Prerequisite: 80 hours; academic preparation in the field of internship; permission of department head; and undergraduate business majors must be admitted to COBA. A variable content course. Internships to be identified by title in the schedule of classes include Finance, Financial Planning, General Business, Insurance, and Real Estate. Opportunity to obtain practical understanding through work experience with a cooperating business or financial institution, financial planning firm, insurance company or real estate firm. Employment and outline of study must be company approved prior to enrollment. May be repeated to a total of 3 hours. 1-3 F,S
FGB 495 Financial Markets Study Tour
Prerequisite: FGB 384 and FGB 485; a combined (Missouri State and transfer) GPA of 3.40 or higher; recommendation of a finance faculty member; permission of department head; and undergraduate business majors must be admitted to COBA. The course consists of three parts; 1. Background research and discussion of selected companies and institutions of one or more major financial center(s) (e.g. New York, Chicago, and/or London) and the economic, political, international, historical, social, ethical, and cultural environment in which they function. 2. A visit of approximately seven days' duration to the financial center(s) to visit selected companies, financial markets, and cultural icons. 3. A final written project and group discussion of the experience. The course involves extensive research, written and oral reporting, and group interaction based upon trust, respect and integrity. 3(3-0) D
Prerequisite: permission of department head; and undergraduate business majors must be admitted to COBA. Planned readings designed to intensify and supplement the area of finance. 1-2 D
Prerequisite: ACC 500 and ECO 500, and permission of a director of a COBA Graduate Program. Comprehensive study of the finance function in the business enterprise, including financial analysis-planning-forecasting, capital budgeting, leasing, working capital management, capital structure, dividend policy, and multinational finance. Designed for graduate students who have not had an undergraduate course in financial management in the last five years. This course will not be counted in the hours required for a COBA undergraduate or graduate degree. May be taught concurrently with FGB 600. Cannot receive credit for both FGB 600 and FGB 500. 3(3-0) F,S
FGB 510 E-Business and Online Entrepreneurship
Prerequisite: 54 hours; and undergraduate business majors must be admitted to COBA. A study of e-business and online entrepreneurship from an applied, best practices point of view. Classroom visits by online entrepreneurs provide unique, real-world insights into the advantages, disadvantages, and challenges of doing business over the Internet. May be taught concurrently with FGB 610. Cannot receive credit for both FGB 610 and FGB 510. 3(3-0) F
FGB 581 Professional Financial Planning
Prerequisite: ACC 321 and FGB 381 and FGB 485 and RIL 211 and RIL 231; and RIL 314 or concurrent enrollment; and RIL 538 or concurrent enrollment; and undergraduate students must be admitted to COBA. A case-oriented study of comprehensive financial planning for client families. This course integrates prior knowledge of financial planning principles and practice, investments, insurance, law, tax planning, retirement planning, and estate planning. Advanced topics in these subjects are also presented. The financial planning process, standards of professional practice, and planner ethics are emphasized. May be taught concurrently with FGB 681. Cannot receive credit for both FGB 681 and FGB 581. 3(3-0) S
FGB 582 International Financial Management
Prerequisite: grade of B- or better in FGB 380 or FGB 500; and undergraduate business majors must be admitted to COBA. This course is designed to survey how the key concepts of business finance can be applied in the context of a multinational firm. Topics include: the nature and functioning of the foreign exchange market, parity conditions, foreign exchange risk management, and international investment and financing decisions. 3(3-0), F,S
FGB 596 Research Issues and Problems: Finance and General Business
Prerequisite: 60 hours; and permission of department head; and undergraduate business majors must be admitted to COBA. Research issues and problems growing from special areas of a student's interest which may require additional depth or breadth of study. Student's proposal and outline of study must be approved prior to enrolling. May be repeated to a total of 6 hours. May be taught concurrently with FGB 697. Cannot receive credit for both FGB 697 and FGB 596. 1-3 D
FGB 599 Directed Study for CFA Level I Exam
Prerequisite: permission of instructor; and undergraduate business majors must be admitted to COBA. The professor and student will devise a study plan, based upon the CFA Institute's Common Body of Knowledge, that will best-prepare the student to pass the CFA Level I Exam in June of the current year. May be taught concurrently with FGB 699. Cannot receive credit for both FGB 699 and FGB 599. 3, S
Prerequisite: ACC 600 and ECO 600; and permission of a director of a COBA Graduate Program. Comprehensive study of the finance function in the business enterprise, including financial analysis-planning-forecasting, capital budgeting, leasing, working capital management, capital structure, dividend policy, and multinational finance. Designed for graduate students who have not had an undergraduate course in financial management in the last five years. This course will not be counted in the hours required for a COBA undergraduate or graduate degree. May be taught concurrently with FGB 500. Cannot receive credit for both FGB 500 and FGB 600. 3(3-0), F,S
FGB 610 E-Business and Online Entrepreneurship
A study of e-business and online entrepreneurship from an applied, best practices point of view. Classroom visits by online entrepreneurs provide unique, real-world insights into the advantages, disadvantages, and challenges of doing business over the Internet. May be taught concurrently with FGB 510. Cannot receive credit for both FGB 510 and FGB 610. 3(3-0), F
FGB 681 Professional Financial Planning
Prerequisite: ACC 321 and FGB 381 and FGB 485 and RIL 211 and RIL 231; and RIL 314 or concurrent enrollment; and RIL 638 or concurrent enrollment. A case-oriented study of comprehensive financial planning for client families. This course integrates prior knowledge of financial planning principles and practice, investments, insurance, law, tax planning, retirement planning, and estate planning. Advanced topics in these subjects are also presented. The financial planning process, standards of professional practice, and planner ethics are emphasized. May be taught concurrently with FGB 581. Cannot receive credit for both FGB 581 and FGB 681. 3(3-0), S
FGB 682 International Financial Management
Prerequisite: grade of B- or better in FGB 380 or FGB 600. This course is designed to survey how the key concepts of business finance can be applied in the context of a multinational firm. Topics include: the nature and functioning of the foreign exchange market, parity conditions, foreign exchange risk management, and international investment and financing decisions. May be taught concurrently with FGB 582. Cannot receive credit for both FGB 582 and FGB 682. 3(3-0), F,S
FGB 697 Research Issues and Problems: Finance and General Business
Prerequisite: permission of department head. Research issues and problems growing from special areas of a student's interest which may require additional depth or breadth of study. Student's proposal and outline of study must be approved prior to enrolling. May be repeated to a total of 6 hours. May be taught concurrently with FGB 596. Cannot receive credit for both FGB 596 and FGB 697. 1-3, D
FGB 699 Directed Study for CFA Level I Exam
Prerequisite: permission of instructor. The professor and student will devise a study plan, based upon the CFA Institute's Common Body of Knowledge, that will best-prepare the student to pass the CFA Level I Exam in June of the current year. May be taught concurrently with FGB 599. Cannot receive credit for both FGB 599 and FGB 699. 3, S
FGB 780 Advanced Financial Management
Prerequisite: ACC 711; and a grade of "B-" or better in FGB 600. An advanced study of the theory and practice of corporate financial management, including financial analysis and forecasting, working capital, capital budgeting, cost of capital, capital structure, mergers and acquisitions, and valuation. The course utilizes cases to emphasize both theory and technology in supporting sound financial decision-making. 3(3-0), F
FGB 784 Management of Financial Institutions
Prerequisite: a grade of B- or better in FGB 380 or FGB 600. A study of the theory and practice of financial management of depository and nondepository institutions with emphasis upon asset and liability management techniques. The use of money and credit market mechanisms to achieve strategic financial objectives is stressed. Management implications of current developments in the interaction between institutions and markets are discussed. 3(3-0), F
Prerequisite: FGB 780. A study of investment theory and practice. Topics include portfolio theory, equilibrium in capital markets, equity and fixed income security analysis, derivatives (options, futures, swaps), portfolio management and strategies. 3(3-0), F,S
Prerequisite: FGB 780. A study of the fundamentals, pricing, and trading strategies of options, and futures contracts. Emphasis is placed on topics such as commodity futures, interest rate futures, stock index futures, foreign exchange futures, and futures options, and how these can be used for hedging and speculative purposes. 3(3-0), S
FGB 788 Healthcare Financial Management
An introduction to fundamental financial management concepts and skills necessary for managers at a variety of levels in healthcare organizations. The course provides an overview of financial management and how the finance function is organized in healthcare organizations. Topics covered include: tax status, third-party payers, payment methodologies, Medicare and Medicaid, cost accounting and analysis, rate setting, working capital, accounts receivable, budgeting, and financial analysis. 3(3-0), F
Prerequisite: 15 graduate hours in business administration and economics including FGB 780 and permission of the coordinator of graduate studies. Critical evaluation and interpretation of research and literature in finance. 3(3-0), D
Prerequisite: permission of the director of the appropriate graduate program and department head. In consultation with the coordinating professor, the student is engaged in on-the-job experience with a business, organization, or other professional entity. A portfolio of assigned work shall be collected, examined and evaluated during the semester. 3(3-0), F,S
FGB 796 Independent Study: Finance
Prerequisite: permission of the director of the appropriate graduate program and department head. In consultation with the advisor, student selects for intensive study a specific area of concern related to the student's program with emphasis on research. 1-3, F,S
Prerequisite: 24 hours. Principles and functions of property, casualty and life insurance with applications in both personal and business situations. 3(3-0) F,S
RIL 231 Legal Environment of Business
Prerequisite: 24 hours. Ethical and legal issues in the domestic and international regulatory environment of business. Foundations of legal reasoning, case analysis, legal dispute resolution and reporting, court systems and sources of law. Substantive areas of torts, contracts, sales, products liability and consumer rights and remedies. Contemporary legal issues explored in such areas as: regulation of environmental practices, deceptive advertising, debt collection, employment, anti-trust and computer law. 3(3-0) F,S
RIL 266 Principles of Real Estate
Prerequisite: 24 hours. An introduction to the study of real estate. Topics covered include legal aspects of real property, real estate financing, appraisal, brokerage, land-use control, property management, and investing in real estate. 3(3-0) F,S
Prerequisite: RIL 211; undergraduate business majors must be admitted to COBA. Nature and types of life insurance and annuity contracts insuring human life values for business and personal purposes; principles underlying the calculation of life insurance and annuity premiums, reserves, nonforfeiture values and dividends; introduction of group life insurance, pensions, health, social insurance, settlement options, taxation as related to life insurance programming. 3(3-0) S
RIL 313 Property and Liability Insurance
Prerequisite: RIL 211; undergraduate business majors must be admitted to COBA. Analysis and application of risk and insurance principles to direct and consequential losses in fire, marine, inland marine, multiple-line coverages, liability, workers' compensation, fidelity, surety, and crime perils. 3(3-0) F
RIL 314 Employee Benefits and Social Insurance
Prerequisite: 30 hours; undergraduate business majors must be admitted to COBA. The study of group life and health insurance, retirement programs, Social Security, and other social insurance programs as devices to mitigate economic losses from death, disability, medical costs, retirement, and unemployment in relation to personal and business risk problems. 3(3-0) S
RIL 332 Debtor and Creditor Rights and Remedies
Prerequisite: RIL 231; undergraduate business majors must be admitted to COBA. Legal aspects of financial transactions. The rules of law governing financial transactions in today's business and personal affairs. Topical areas include commercial paper, secured transactions, and bankruptcy. 1(1-0) F,S
RIL 335 Business Enterprises, Rights/Liabilities
Prerequisite: RIL 231 and undergraduate business majors must be admitted to COBA. Legal alternatives in the structuring of the business enterprise and its relationship with employees. Topical areas include personal property, bailments, real property, leaseholds, intellectual property rights, franchises, sole proprietorships, partnerships, corporations, LLC's, agency and employment law. Cannot receive credit for both RIL 335 and RIL 533. 2(2-0) F,S
RIL 341 Legal Research and Writing
Prerequisite: RIL 231; undergraduate business majors must be admitted to COBA. Use of primary and secondary legal sources and indexes are examined, including state and federal statutes, government regulations, cases, Shepard's, Missouri Practice series, law reviews and legal encyclopedias; types of legal writing are introduced; research techniques are applied to case analysis and legal writing. 3(3-0) F
RIL 367 Principles of Real Estate Appraisal
Prerequisite: RIL 266; undergraduate business majors must be admitted to COBA. An introduction to the study of real estate appraisal. Topics covered include data collection and analysis, neighborhood and regional analysis, land and building function and description, highest and best use analysis, land valuation and improved property valuation. 3(3-0) F
Prerequisite: RIL 266; and undergraduate business majors must be admitted to COBA. Rights and interests in land; evidence of title; co-ownership; contracts for sale of land; deeds; wills and descent; mortgages; liens; landlord and tenant; restrictions; zoning; brokers. 3(3-0) S
RIL 369 Real Estate Development
Prerequisite: RIL 266; undergraduate business majors must be admitted to COBA. This course introduces the development process through its four major phases: concept, land acquisition, construction, and sales. Topics covered include project selection, debt and equity funding (obtainable from individual, institutional, and governmental sources), regulatory approval, environmental impact, and marketing. 3(3-0) S
Prerequisite: undergraduate business majors must be admitted to COBA. Students taking course as independent study, readings, or professional designation courses must obtain department head approval prior to enrollment. A variable content course to intensify and supplement the study of insurance, designed for students desiring to develop toward professional competence in property/casualty, risk management, life/health, employee benefits, financial services, and insurance-related areas. Course design may include independent study, readings, professional designation courses, and/or traditional classroom work. Course may be repeated for a maximum of 6 hours. 1-3 D
Prerequisite: 80 hours including RIL 211; undergraduate business majors must be admitted to COBA. Identifying and analyzing the loss exposures. Developing alternative techniques for treating each exposure with emphasis on risk control and risk financing. 3(3-0) S
RIL 500 Legal Environment for Business Managers
Prerequisite: permission of a director of a COBA Graduate Program. Contemporary legal and ethical issues encountered by business managers will be discussed, including issues related to torts, vicarious liability, products liability issues; formation and enforcement of contracts and sale of goods; regulatory environment affecting employment practices/discrimination, product advertising and environmental responsibility; economic development issues associated with environmental sustainability, property rights, constitutional law and city planning. Agency liabilities and fiduciary responsibilities of agents and managers in business organizations will be examined. An overview of the court system and legal dispute resolution mechanisms will be integrated. This course is primarily intended for MBA students who do not have equivalent undergraduate business law course work, and this course will not be counted in the hours required for a COBA undergraduate or graduate degree. May be taught concurrently with RIL 600. Cannot receive credit for both RIL 600 and RIL 500. 3(3-0) F,SE
RIL 531 Labor Law and Employment Discrimination
Prerequisite: RIL 231 or RIL 500; and undergraduate business majors must be admitted to COBA. Legal, regulatory, and ethical issues related to employer-employee relationship, including employment-at-will doctrine, discrimination and union contracts. May be taught concurrently with RIL 631. Cannot receive credit for both RIL 631 and RIL 531. 3(3-0) F
RIL 532 Legal Environment of Business Organizations for Professionals
Prerequisite: RIL 231; and 90 hours; and undergraduate business majors must be admitted to COBA. Agency and employment responsibilities and liabilities facing new and traditional forms of business organizations are compared, along with selected tax and security regulation issues. Personal and real property concepts are examined, along with environmental exposure issues. Selected contract and UCC concepts are reviewed. Issue recognition, problem analysis approach and testing mechanisms are especially appropriate for individuals taking the CPA or other professional exams. Students who receive credit for RIL 532 may not also receive credit for RIL 335. May be taught concurrently with RIL 632. Cannot receive credit for both RIL 632 and RIL 532. 3(3-0) S
RIL 537 Environmental Regulation
Prerequisite: undergraduate business majors must be admitted to COBA. Laws and government environmental regulation of air, water and soil quality, energy resources, solid and toxic waste disposal, storage tanks, toxic torts, labeling of toxic substances, recycling; ethical, public policy and international implications such regulations pose for business practices, natural resource utilization, health quality and biodiversity. May be taught concurrently with RIL 637. Cannot receive credit for both RIL 637 and RIL 537. 3(3-0) SO
RIL 538 Introduction to Estate Planning
Prerequisite: 80 hours; and undergraduate business majors must be admitted to COBA. Estate planning process; fundamentals of intestate distribution, wills, trusts, gifts, life insurance; taxes incidental to an estate; administration of estates and trusts; analysis and selection of devices for lifetime and testamentary transfers of property. May be taught concurrently with RIL 638. Cannot receive credit for both RIL 638 and RIL 538. 3(3-0) F
RIL 539 Legal Regulation of International Commerce
Prerequisite: RIL 231 or RIL 500; and undergraduate business majors must be admitted to COBA. Legal and ethical issues associated with doing business in a global economy. Difference in approach to contracting and merchandising; product standards, protection and liability; trade barriers and regulation of business practices. May be taught concurrently with RIL 639. Cannot receive credit for both RIL 539 and RIL 539. 3(3-0) D
RIL 550 Negotiation, Mediation, and Arbitration in Business
Prerequisite: 60 hours; and RIL 231; and undergraduate business majors must be admitted to COBA. A practical, skills-based study of negotiation, mediation, and arbitration from the business manager's perspective. This hands-on course is designed to develop the skills necessary to enable the business manager to effectively participate in negotiation, mediation, and arbitration as alternatives to litigation for resolving business disputes. May be taught concurrently with RIL 650. Cannot receive credit for both RIL 550 and RIL 650. 3(3-0), F,S
RIL 600 Legal Environment for Business Managers
Prerequisite: permission of a director of a COBA Graduate Program. Contemporary legal and ethical issues encountered by business managers will be discussed, including issues related to torts, vicarious liability, products liability issues; formation and enforcement of contracts and sale of goods; regulatory environment affecting employment practices/discrimination, product advertising and environmental responsibility; economic development issues associated with environmental sustainability, property rights, constitutional law and city planning. Agency liabilities and fiduciary responsibilities of agents and managers in business organizations will be examined. An overview of the court system and legal dispute resolution mechanisms will be integrated. This course is primarily intended for MBA students who do not have equivalent undergraduate business law course work, and this course will not be counted in the hours required for a COBA graduate degree. May be taught concurrently with RIL 500. Cannot receive credit for both RIL 500 and RIL 600. 3(3-0), F,SE
RIL 631 Labor Law and Employment Discrimination
Prerequisite: RIL 231 or RIL 600. Legal, regulatory, and ethical issues related to employer-employee relationship, including employment-at-will doctrine, discrimination and union contracts. May be taught concurrently with RIL 531. Cannot receive credit for both RIL 531 and RIL 631. 3(3-0), F
RIL 632 Legal Environment of Business Organizations for Professionals
Prerequisite: RIL 231 or FGB 600. Agency and employment responsibilities and liabilities facing new and traditional forms of business organizations are compared, along with selected tax and security regulation issues. Personal and real property concepts are examined, along with environmental exposure issues. Selected contract and UCC concepts are reviewed. Issue recognition, problem analysis approach and testing mechanisms are especially appropriate for individuals taking the CPA or other professional exams. May be taught concurrently with RIL 532. Cannot receive credit for both RIL 632 and RIL 532. 3(3-0), S
RIL 637 Environmental Regulation
Prerequisite: RIL 231 or RIL 600. Laws and government environmental regulation of air, water and soil quality, energy resources, solid and toxic waste disposal, storage tanks, toxic torts, labeling of toxic substances, recycling; ethical, public policy and international implications such regulations pose for business practices, natural resource utilization, health quality and biodiversity. May be taught concurrently with RIL 537. Cannot receive credit for both RIL 537 and RIL 637. 3(3-0), SO
RIL 638 Introduction to Estate Planning
Prerequisite: RIL 231 or RIL 600. Estate planning process; fundamentals of intestate distribution, wills, trusts, gifts, life insurance; taxes incidental to an estate; administration of estates and trusts; analysis and selection of devices for lifetime and testamentary transfers of property. May be taught concurrently with RIL 538. Cannot receive credit for both RIL 538 and RIL 638. 3(3-0), F
RIL 639 Legal Regulation of International Commerce
Prerequisite: RIL 231 or RIL 600. Legal and ethical issues associated with doing business in a global economy. Difference in approach to contracting and merchandising; product standards, protection and liability; trade barriers and regulation of business practices. May be taught concurrently with RIL 539. Cannot receive credit for both RIL 539 and RIL 639. 3(3-0), D
RIL 650 Negotiation, Mediation, and Arbitration in Business
Prerequisite: RIL 231 or RIL 600. A practical, skills-based study of negotiation, mediation, and arbitration from the business manager's perspective. This hands-on course is designed to develop the skills necessary to enable the business manager to effectively participate in negotiation, mediation, and arbitration as alternatives to litigation for resolving business disputes. May be taught concurrently with RIL 550. Cannot receive credit for both RIL 550 and RIL 650. 3(3-0), F,S
RIL 730 Seminar: Contemporary Legal Issues
Prerequisite: RIL 231 or RIL 600. In-depth study of selected contemporary legal issues and their impact on the environment of business. Exploration of legal resources relevant to the topics. 3(3-0), D
RIL 733 Legal Regulation of Competition and Monopoly
Prerequisite: RIL 231 and RIL 335; or RIL 600. Evolution of legal theory regarding governmental regulation of business. The judicial application of laws relating to anti-trust, price discrimination, entry regulation, rate making. 3(3-0), D