Department of Finance, Banking and Insurance (FIN)


Delbert C. Goff, Chair


Robert L. Cherry, Jr.
Don R. Cox
Harry M. Davis
John P. Geary
Heather M. Hulbert
Jarrod Johnston
Terrill R. Keasler
Ivan Roten
David D. Wood




The primary objective of the Department of Finance, Banking and Insurance is to
develop leaders for the business, government, and educational communities and
to assist them in making contributions to society. This objective is obtained
in two ways. First, students are provided with the theoretical concepts needed
to understand and dissect business problems. Second, the faculty provide
students with practical applications needed for financial analysis in their
given areas of study.


In addition to practical applications in the classroom, students are encouraged
to take advantage of the internship program. This program allows students to
gain valuable practical business experience while still in college.


A Master of Business Administration (MBA) is available through the College of
Business. For more information, see the Graduate Bulletin.


The Department of Finance, Banking and Insurance houses the North Carolina
Bankers Association Chair, the Alfred T. Adams Distinguished Chair of Banking,
the Richard S. Brantley Risk and Insurance Center, and the Joseph F. Freeman
Distinguished Professorship of Risk Management and Insurance.




BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
(with a major in finance and banking)


A Bachelor of Science in Business Administration degree (BSBA) with a major in
Finance and Banking consists of 24 hours in addition to the College of Business
core courses required for the BSBA degree. Twenty-one semester hours come from
the structured finance and banking core, and three semester hours from the sub-
area. 


Finance and Banking Core
   FIN 3071   Principles of Risk Management & Insurance                  3 s.h.
   FIN 3690   Financial Management                                       3 s.h.
   FIN 3790   Banking and Financial Markets                              3 s.h.
   FIN 3890   Survey of Investments                                      3 s.h.
   FIN 4610   Commercial Bank Management                                 3 s.h.
   FIN 4660   Financial Decision Making and Statement Analysis           3 s.h.
   FIN 4750   International Business Finance                             3 s.h.
                                                     Total              21 s.h.


Sub-area: Plus one of the following courses:
   ECO 3020   Macroeconomic Analysis               (3 s.h.)
   ECO 3070   Money and Banking                    (3 s.h.)
   ACC 3100   Financial Accounting I               (3 s.h.)
   FIN 3850   Real Estate Principles and Practices (3 s.h.)
   FIN 3900   Internship*                          (3 s.h.)
   FIN 4580   Financial Planning                   (3 s.h.)
   FIN 4620   Investment Management                (3 s.h.)
   FIN 4710   Issues in Bank Management            (3 s.h.)
                                                     Total               3 s.h.


Total hours for BSBA with a major in finance and banking                24 s.h.


*FIN 3900 Internship is a 6-9 s.h. course, but only 3 of these semester hours
may apply to meeting the requirements for the major.


Finance and banking majors are advised to use their elective hours in areas
such as accounting, computer information systems, economics, insurance, law,
and real estate. 




BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
(with a major in risk and insurance)


A Bachelor of Science in Business Administration (BSBA) with a major in risk
and insurance consists of 24 hours in addition to the College of Business core
courses required for the BSBA degree. The course requirements for the risk and
insurance major are: fifteen semester hours from the structured risk and
insurance core, three semester hours from the sub-area, and six semester hours
of electives from College of Business courses numbered 3000 or above.


Risk and Insurance Core: (15 s.h.)
   FIN 3071   Principles of Risk Management and Insurance               3 s.h.
   FIN 3072   Personal Property, Liability, Life and Health Insurance   3 s.h.
   FIN 3073   Commercial Property and Liability Insurance               3 s.h.
   FIN 3690   Financial Management                                      3 s.h.
   FIN 4570   Risk Management                                           3 s.h.


Sub-area: Plus one of the following courses: (3 s.h.)
   FIN 4580   Financial Planning                                        3 s.h.
   FIN 3890   Survey of Investments                                     3 s.h.
   ACC 3580   Individual Income Taxation                                3 s.h.
   MKT 3052   Professional Selling                                      3 s.h.
   FIN 3900   Internship*                                               3 s.h.
   LAW 3960   Insurance Law                                             3 s.h.
(*FIN 3900 Internship is a 6 or 9 semester hour course, but only 3 of these
semester hours may apply to meeting the requirements for the major.)


Risk and insurance majors are advised to use their elective hours in areas such
as accounting, economics, finance, management, mathematical sciences, law, real
estate, and additional risk and insurance courses. An internship may be elected
to provide practical experience, with academic credit, in the field of
specialization.


The Richard S. Brantley Risk and Insurance Center, housed in the Department of
Finance, Banking and Insurance, has the mission of developing the strongest
possible degree program in risk management and insurance. The Brantley Center
supports the Risk and Insurance major by sponsoring the Gamma Iota Sigma
insurance fraternity, scholarships, internships, executive-in-residence
appointments, and the placement of graduates in the insurance industry.




COURSES OF INSTRUCTION IN FINANCE, BANKING AND INSURANCE (FIN) and (LAW).
This catalog reflects only the fall and spring semester courses. Courses
offered in summer terms can be found in the Summer Sessions Bulletin.
(For a description of the course abbreviations used in the following list of
courses, see the index for abbreviations.)


SPECIAL NOTE ABOUT ENROLLMENT IN UPPER LEVEL BUSINESS CLASSES:
Unrestricted enrollment by undergraduates in 3000 and 4000 level courses in the
College of Business is limited to students admitted to the College of Business.
Other undergraduates, including declared business majors not admitted to the
College of Business, may take at most five courses at the 3000 or 4000 level
(unless more is specified by a required minor, required concentration, or
non-business major) under the following conditions: the student has a
cumulative GPA of at least 2.0 and has completed all course prerequisites. Only
juniors or seniors may enroll in 3000 level courses and only seniors may enroll
in 4000 level courses.