Financial Services Course Descriptions

HEGIS CodesAccreditationMedaille at a GlanceAcademic CalendarGeneral InformationPrograms of StudyPersonnelCollege of Opportunitycoursesmaster scheduleundergraduate catalogGraduate CatalogMedaille Home Page

BACK

Blue Vertical DividerFNS 201 FINANCIAL MANAGEMENT
This course seeks to develop the theoretical and practical uses of financial management principles including the concepts of risk, return and value. Coverage includes financial statement analysis, forecasting, working capital management, capital budgeting and long-term financing strategies. Three credit hours. Prerequisite: ACC 102. Offered Spring semester (d & e).

FNS 298 SPECIAL TOPIC IN FINANCIAL SERVICES
(Topic to be specified each semester course offered.)

FNS 300 FINANCIAL PLANNING
This course provides an overview of the financial planning process. It introduces the legal, ethical, and regulatory issues affecting financial planners, as well as the following topics in financial planning: analyzing a client's financial situation, capital accumulation methods, risk management, tax management, and investment management. Three credit hours. Prerequisite: ACC 102. Offered Fall semester (e).

FNS 301 INVESTMENT PLANNING
An examination of various investment opportunities with primary emphasis on equity and debt instruments (stocks and bonds). Other investments covered may include real estate, collectibles, precious metals and gems. Three credit hours. Prerequisite: FNS 201 or FNS 300. Offered Spring semester (e).

FNS 305 MONEY, BANKING AND MONETARY ECONOMICS
Study of money and the financial system. Particular attention given to the operation, function, and structure of the banking system and functions of central banking. The role of monetary theories, monetary management and the effectiveness of monetary policy is studied. Three credit hours. Prerequisites: ECO 201 and FNS 201. Offered Fall semester in odd numbered years (e).

FNS 310 FINANCIAL MARKETS AND INSTITUTIONS
A study of the operation of financial intermediaries and their role in the financial system. The operation of the capital and money markets, determinants and structure of interest rates and the regulation of the financial sector are also explored. Three credit hours. Prerequisite: FNS 201 or FNS 300. Offered Fall semester in even numbered years (e).

FNS 320 RETIREMENT PLANNING AND EMPLOYEE BENEFITS
This course provides an overview of the various qualified and non-qualified plans. A study is made of the following topics: personal tax-deferred retirement programs; qualified retirement plan design; government sponsored plans; group life, health and disability insurance; non-qualified deferred compensation; costs and funding requirements of federal laws; and tax considerations. Three credit hours. Prerequisite: FNS 201 or FNS 300. Offered Fall semester (e).

FNS 325 INSURANCE PLANNING
This course introduces the principles of risk management and insurance. Topics covered will include the identification of risk exposures; selecting appropriate risk management techniques; risk transfer through the use of life, health, casualty and liability insurance; basic insurance contracts; and an introduction to the insurance industry. Three credit hours.
Prerequisite: FNS 201 or FNS 300. Offered Fall semester (e).

FNS 330 ESTATE PLANNING
This course studies the estate planning process. Topics included are: the fundamentals of federal estate and gift taxation; methods of exclusion and valuation; wills, intestacy, and the probate process; trusts; property ownership forms; charitable transfers; and business transfers. Three credit hours. Prerequisite: FNS 201 or FNS 300. Offered Spring semester (e).

FNS 340 REAL ESTATE LOANS: STRUCTURE AND ANALYSIS
A thorough consideration of real estate as a growing component of banks' loan portfolios. Course includes a specific investigation of various banks' loan policies, risk analysis, loan pricing and servicing, and other related topics. Construction lending is reviewed as well. Three credit hours.
Prerequisite: FNS 305. Offered as needed.

FNS 377 FIELD EXPERIENCE I
This course provides the student with both observational and "hands-on" learning experience through participatoin in an internship, ideally in the specific area of the financial services field in which the student will be seeking employment. Students who are already on an established career path may enhance their visibility in the organization by completion of a special project related to their careers, subject to prior instructor approval. Three credit hours. Prerequisites: CIS 115, FNS 201, FNS 300, MKT 215, Junior standing, and a 2.0 cumulative GPA. Offered eveery semester.

FNS 398 SPECIAL TOPIC IN FINANCIAL SERVICES
(Topic to be specified each semester course offered.)

FNS 405 BANKING LAW AND REGULATION
This course deals with the general regulation of banking, bank holding companies and other financial institutions. Topics to be covered include bank failures, FDIC, antitrust litigation, bank mergers and commercial transactions. Three credit hours. Prerequisite: BUS 315. Offered as needed.

FNS 410 FINANCIAL STATEMENT AND CREDIT ANALYSIS
This course emphasizes the analytical skills necessary to successfully evaluate the credit worthiness of potential borrowers. The following topics will be covered in detail: ratio analysis, trend analysis, cash flow and liquidity analysis, loan pricing, and the structuring of loan agreements. Three credit hours. Prerequisites: ACC 350, FNS 301, and FNS 305. Offered as needed.

FNS 477 FIELD EXPERIENCE II
This is a continuation of the exposure completed in Field Experience I. The performance level of the assignment is expected to be higher than the Level I assignment. Students may again elect to complete a project related to their careers, but it must be demonstrative of a higher level competence and difficulty, and approved by the department chairperson. Three credit hours. Prerequisites: FNS 377, Senior standing, and a 2.0 cumulative GPA. Offered every semester.

FNS 498 INDEPENDENT STUDY IN FINANCIAL SERVICES

Page Updated 1/03 (lak)
Medaille College, 18 Agassiz Circle, Buffalo, NY 14214
Phone: (716) 884-3281; FAX: (716) 884-0291 
email: Academic Affairs