Finance (Comprehensive)

1. General Education Requirements - see “Academic Programs and Requirements” section of catalog
2. COBA Admission and Program Requirements - see “College of Business Administration/Admission and Program Requirements” section of catalog
3. Major Requirements (31-33 hours)
   1. FGB 384(3), FGB 485(3); QBA 337(3); RIL 211(3); RIL 335(2) or 533(3)
   2. Complete one of the following options:
      1. Finance:
         1. FGB 386(3)*, 390(3); RIL 266(3)
         2. Complete one of the following: FGB 480(3), 484(3), 487(3)
         3. Complete six additional hours from the following: FGB 381(3), 480(3), 484(3), 487(3), 496(1-2), 584(3)
            
            Recommended electives (not required): ACC 321(3), 521(3); FGB 307(2); RIL 312(3), 350(3), 367(3), 369(3), 538(3); ECO 365(3), 385(3), 586(3)
            
            * Students who have completed both ACC 301 and 302 may waive FGB 386.
      2. Financial Planning:
         1. ACC 321(3)
         2. FGB 381(3), 581(3); RIL 312(3), 314(3), 538(3)
            
            Recommended electives (not required): ACC 521(3), 522(3); COM 326(3); RIL 266(3), 313(3), 332(1), 350(3); FGB 487(3)
      3. Real Estate:
         1. RIL 266(3), 367(3), 368(3), 369(3)
         2. Complete five additional hours from the following: AGB 354(2); ECO 450(3); FGB 496(1-2), 596(1-3); GRY 322(3); IDM 121(3), 122(3), 221(3), 320(3); PLN 271(3), 471(3); RIL 313(3), 350(3)
            
            Recommended electives (not required): AGH 333(3); HID 140(3), 241(3); MKT 352(3)
4. General Baccalaureate Degree Requirements - see  “Academic Programs and Requirements” section of catalog

General Business (Comprehensive)

1. General Education Requirements - see “Academic Programs and Requirements” section of catalog
2. COBA Admission and Program Requirements - see “College of Business Administration/Admission and Program Requirements” section of catalog
3. Major Requirements (31-32 hours)
   1. QBA 337(3); RIL 211(3); RIL 335(2) or 533(3)
   2. Complete one of the following: ENG 321(3); JRN 270(3), MGT 397(3)
   3. Complete a minimum of 20 hours from at least five of the following areas:
      1. Accounting: ACC 301(3), 302(3), 311(3), 321(3), 521(3), 531(3)
      2. Business Relationships: MGT 486(3); RIL 350(3) 
      3. Computer Information Systems: CIS 205(3), 260(3), 270(3), 290(3); 370(3) or 510(3)**; 375(3)
      4. Finance: FGB 381(3), 384(3), 386(3), 390(3), 485(3), 510(3)** 
      5. International: FGB 584(3); MGT 447(3); MKT 474(3); RIL 539(3)
      6. Management: IDM 359(3); MGT 345(3), 561(3); RIL 531(3)
      7. Marketing: MKT 351(3), 352(3), 354(3), 355(3), 430(3), 510(3)** 
      8. Real Estate: RIL 266(3), 367(3), 368(3), 369(3)
      9. Risk Management and Insurance: RIL 312(3), 313(3), 314(3), 341(3), 415(3), 538(3)
         
         **Students with an interest in e-commerce are encouraged to take the designated courses above.
         Recommended electives (not required): AGB 354(2); ECO 305(3), 586(3); FGB 303(2), 307(2); GRY 321(3); PSY 359(3), 525(3); SOC 150(3), 309(3), 359(3)
4. General Baccalaureate Degree Requirements - see  “Academic Programs and Requirements” section of catalog

Risk Management and Insurance (Comprehensive)

1. General Education Requirements - see “Academic Programs and Requirements” section of catalog
2. COBA Admission and Program Requirements - see “College of Business Administration/Admission and Program Requirements” section of catalog
3. Major Requirements (31-32 hours)
   1. FGB 384(3), 485(3); QBA 337(3); RIL 211(3), 266(3), 312(3), 313(3); 335(2) or 533(3); 415(3) or 538(3)
   2. Complete five additional hours from the following: RIL 314(3), 350(3), 367(3), 397(1-6), 415(3)*, 538(3)*; FGB 381(3); ACC 321(3). 
      * Students may apply only one of the two courses toward the five hour requirement.
4. General Baccalaureate Degree Requirements - see  “Academic Programs and Requirements” section of catalog

Finance

1. FGB 380(3), 384(3), 485(3)
2. Complete six additional hours from the following: FGB 381(3), 390(3), 480(3), 484(3), 487(3), 510(3), 584(3), or RIL 211(3)

General Business

1. ACC 201(3)*, 211(3)*; FGB 135(3); RIL 231(3); CIS/CSC 101(2)**; CIS 201(2)
2. Complete six additional hours from the following: FGB 380(3); RIL 211(3), 266(3), 332(1), 335(2). 350(3), 531(3); MKT 150(3), 350(3), 355(3); MGT 286(3), 320(3), 340(3), 341(3), 486(3); QBA 237(3)
   
   * ACC 206(4) may substitute for ACC 201 and 211.

   **May be waived by proficiency exam.

Risk Management and Insurance

1. RIL 211(3), 312(3), 313(3); FGB 135(3) or 150(3) 
2. Complete six additional hours from the following: RIL 266(3), 314(3), 350(3), 397(1-6), 415(3), 538(3); FGB 381(3), 485(3); MKT 350(3); Statistics**
   
   ** Students interested in actuary programs may select six hours of mathematics and/or statistics with permission of Finance and General Business and Mathematics department heads.

Legal Studies in Business

1. RIL 231(3), 332(1), 335(2) or 533(3), 341(3)
2. Complete 12 additional hours from the following which must include a minimum of 6 hours from Group 1 and 3 hours from Group 2:
   1. Group 1 (COBA courses): RIL 211(3), 314(3), 350(3), 368(3), 531(3), 537(3), 538(3), 539(3); FGB 596(1-3); ACC 321(3), 521(3)
   2. Group 2 (Non-COBA courses): PHI 340(3); PLS 419(3), 515(3), 517(3), 551(3); PSY 320(3); AGB 314(3); SFR 581(2)
      

Real Estate

1. RIL 266(3), 367(3), 368(3), 369(3)
2. Complete seven additional hours from the following: AGB 354(2); AGH 333(3); ECO 450(3); FGB 496(1-2), 596(1-3); GRY 322(3); HID 140(3), 241(3); IDM 121(3), 122(3), 221(3), 320(3); MKT 352(3); PLN 271(3), 471(3); RIL 211(3) or 313(3); RIL 350(3) 

Finance and General Business Courses

FGB 135 Introduction to Business 3(3-0), F,S

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.

FGB 150 Personal Finance 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.

FGB 200 Topics in General Business 1-3, D

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.

FGB 303 History of Business 2(2-0), D

History of business; contributions of individuals and companies in evolution of modern business principles and practices.

FGB 305 Service Learning in Business 1, F,S

Prerequisite: 30 hours and concurrent registration in a Finance and General Business department course designated as a service learning offering. 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.

FGB 307 Business in the Community 2, F,S

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.

FGB 310 Fundraising Principles and Practices for Nonprofit Agencies 3(3-0), D

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.

FGB 350 Entrepreneurial Finance 3(3-0), F

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.

FGB 380 Financial Management 3(3-0), F,S

Prerequisite: 54 hours including ACC 201 and ACC 211 and ECO 155 and ECO 165 and QBA 237; 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.

FGB 381 Personal Financial Planning 3(3-0), F,S

Prerequisite: 54 hours or permission of the department head; 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.

FGB 384 (285) Financial Markets and Intermediaries 3(3-0), F,S

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.

FGB 386 (306) Financial Analysis 3(3-0), F,S

Prerequisite: FGB 380. An introduction to the study of financial analysis, including a critical examination of the strengths and weaknesses of current financial reporting.

FGB 390 Intermediate Financial Management 3(3-0), F,S

Prerequisite: FGB 380; 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.

FGB 394 (399) Cooperative Education in Finance and General Business 1-3, D

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.

FGB 397 (300) Topics in Business 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.

FGB 480 (351) Financial Decision Making 3(3-0), F,S

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.

FGB 484 (385) Management of Banking 3(3-0), S

Prerequisite: FGB 380 and; either FGB 384 or ECO 305; 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.

FGB 485 (585) Investments 3(3-0), F,S

Prerequisite: FGB 380; undergraduate business majors must be admitted to COBA. A survey of investment principles, investment environments, security valuation, and financial markets.

FGB 487 (587) Security Analysis and Portfolio Management 3(3-0), F,S

Prerequisite: FGB 485; undergraduate business majors must be admitted to COBA. An in-depth study of security analysis, portfolio theory and management, investment strategy, and performance evaluation.

FGB 494 (499) Internship in Finance 1-5, F,S

Prerequisite: 80 hours, academic preparation in the field of internship, and permission of department head; undergraduate business majors must be admitted to COBA. A variable content course. Internships which are identified by title in the schedule of classes include Banking and Financial Institutions, Insurance, and Real Estate. Opportunity to obtain practical understanding through work experience with a cooperating bank or financial institution, 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 5 hours.

FGB 495 Financial Markets Study Tour 3(3-0), D

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.

FGB 496 (408) Readings in Business Administration—Finance 1-2, D

Prerequisite: permission of department head; undergraduate business majors must be admitted to COBA. Planned readings designed to intensify and supplement the area of finance.

FGB 500 Managerial Finance 3(3-0), F,S

Prerequisite: ACC 500 and ECO 500, or equivalent, 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.

FGB 510 E-Business and Online Entrepreneurship 3(3-0), F

Prerequisite: 54 hours or permission of department head; 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.

FGB 581 Professional Financial Planning 3(3-0), S

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.

FGB 584 International Financial Management 3(3-0), F,S

Prerequisite: FGB 380 or 500 or equivalent; 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.

FGB 596 (500) Research Issues and Problems: Finance and General Business 1-3, D

Prerequisite: 60 hours and permission of the department head; 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.

FGB 599 Independent Study for CFA Level I Exam 3, S

Prerequisite: permission of the 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.

FGB 680 (550) Advanced Financial Management 3(3-0), F

Prerequisite: ACC 611 or equivalent and a grade of "B" or better in FGB 500 or equivalent. 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.

FGB 683 (553) Seminar in Finance 3(3-0), D

Prerequisite: 15 graduate hours in business administration and economics including FGB 680 and permission of the coordinator of graduate studies. Critical evaluation and interpretation of research and literature in finance.

FGB 684 (583) Management of Financial Institutions 3(3-0), F

Prerequisite: FGB 380 or FGB 500 or equivalent. 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.

FGB 685 Investment Management 3(3-0), F,S

Prerequisite: FGB 680. 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.

FGB 687 Derivative Markets 3(3-0), S

Prerequisite: FGB 680. 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.

FGB 688 Healthcare Financial Management 3(3-0), F

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.

FGB 694 Internship: Finance 3(3-0), F,S

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.

FGB 696 Independent Study: Finance 1-3, F,S

Prerequisite: permission of advisor. 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.

Real Estate, Insurance, and Law Courses

RIL 211 Insurance 3(3-0), F,S

Prerequisite: 24 hours or permission of department head. Principles and functions of property, casualty and life insurance with applications in both personal and business situations.

RIL 231 Legal Environment of Business 3(3-0), F,S

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.

RIL 266 Principles of Real Estate 3(3-0), F,S

Prerequisite: 24 hours or permission of department head. 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.

RIL 312 Life Insurance 3(3-0), S

Prerequisite: RIL 211 or permission of department head; 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.

RIL 313 Property and Liability Insurance 3(3-0), F

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.

RIL 314 Employee Benefits and Social Insurance 3(3-0), S

Prerequisite: 30 hours or permission of department head; 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.

RIL 332 (232) Debtor and Creditor Rights and Remedies 1(1-0), F,S

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.

RIL 335 (235) Business Enterprises, Rights/Liabilities 2(2-0), F,S

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.

RIL 341 Legal Research and Writing 3(3-0), F

Prerequisite: RIL 231 or equivalent; 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.

RIL 350 Business Applications of Alternative Dispute Resolution 3(3-0), D

Prerequisite: 60 hours; and RIL 231 or RIL 500; or permission of department head; and undergraduate business majors must be admitted to COBA. An in-depth study of the business manager's development of systems for the resolution of both internal and external business disputes. Topics include a study of the litigation process, and the manager's employment of alternatives to litigation, including negotiation, mediation, and arbitration.

RIL 367 Principles of Real Estate Appraisal 3(3-0), F

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.

RIL 368 Real Estate Law 3(3-0), S

Prerequisite: RIL 266 or permission of department head; 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.

RIL 369 Real Estate Development 3(3-0), S

Prerequisite: RIL 266 or permission of department head; 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.

RIL 397 (301) Insurance Topics 1-3, D

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.

RIL 415 Risk Management 3(3-0), S

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.

RIL 500 Legal Environment for Business Managers 3(3-0), F,SE

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.

RIL 531 Labor Law and Employment Discrimination 3(3-0), F

Prerequisite: RIL 231 or RIL 500 or equivalent; 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.

RIL 533 Legal Environment of Business Organizations for Professionals 3(3-0), S

Prerequisite: RIL 231 and 90 hours; 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. Cannot receive credit for both RIL 533 and RIL 335.

RIL 537 Environmental Regulation 3(3-0), SO

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.

RIL 538 Introduction to Estate Planning 3(3-0), F

Prerequisite: 80 hours or permission of department head; 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.

RIL 539 Legal Regulation of International Commerce 3(3-0), D

Prerequisite: RIL 231 or RIL 500 or equivalent; 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.

RIL 630 Seminar: Contemporary Legal Issues 3(3-0), D

Prerequisite: RIL 231 or RIL 500 or permission of instructor. In-depth study of selected contemporary legal issues and their impact on the environment of business. Exploration of legal resources relevant to the topics.

RIL 633 Legal Regulation of Competition and Monopoly 3(3-0), D

Prerequisite: RIL 231 and RIL 335 or permission of department head. Evolution of legal theory regarding governmental regulation of business. The judicial application of laws relating to anti-trust, price discrimination, entry regulation, rate making.