FNM 1013 PRINCIPLES OF BANKING (3-3-0). This course is an introduction to functions of banking, to include: fundamentals of negotiable instruments; interactions of full-service commercial banking with the economy, community, business and individuals; various products and services to governments, business and individuals; various types of loans and investments; concepts of liquidity; regulations and regulatory agencies. (Formerly BAN 1013)
FNM 1023 MONEY AND BANKING (3-3-0). This course describes how money functions in the U.S. and world economies. Topics of discussion: money supply, role of banks as money creators and participants in the nation's payment mechanism, monetary and fiscal policies, functions and powers of the federal reserve, and types of financial institutions. (Formerly BAN 1023) Skills: R
FNM 1033 MARKETING FOR BANKERS (3-3-0). Teaches bankers how to develop a successful marketing plan. Topics of study: motivation and buyer behavior, integration of public relations, advertising, selling, service distribution functions; situation analysis and formulation of a master marketing strategy; ways to monitor and evaluate performance. (Formerly BAN 1033) Skills: R
FNM 1043 TRUST OPERATIONS (3-3-0). This course covers basic trust terminology, ideas that comprise the various trust functions and translates them into workable procedures. Discussions include: types of securities handled by a trust department and investments made with trust account assets; responsibilities inherent in the fiduciary and agency relationships that a trust department has with its customers; concepts of trust accounting; internal controls, record keeping and reporting requirements. (Formerly BAN 2043) Skills: R
FNM 1073 BANK MANAGEMENT (3-3-0). This course provides introduction to the handling of day-to-day bank activities and incorporates case studies to help acquire bank management skills. Topics include: how bank objectives and policies are formed; sources and uses of funds; principles of funds management; the administration of deposits, loans and other investments; analyzing bank performance. (Formerly BAN 1073) Skills: R
FNM 1093 PERSONAL FINANCE (3-3-0). A study of financial matters confronting individuals. Coverage includes borrowing funds, use of credit cards, investing savings, paying taxes, buying insurance, purchasing a house, and estate planning. Buying strategies, consumer protection, and the role of various financial/thrift institutions are also given treatment. (Fromerly MKT 1063) Skills: R
FNM 1123 LOAN UNDERWRITING (3-3-0). This course is designed to provide the student with an in-depth training of mortgage loan underwriting for all facets of conventional loans as well as some discussion of FHA/VA lending practices. It provides a thorough understanding of Underwriting Guidelines as set forth by the Federal National Mortgage Association, Federal Home Loan Mortgage Corporation and most institutional type lenders. Topics include analyzing and evaluating documentation, analyzing IRS forms and working with private and secondary market investors. Skills: R
FNM 1133 LOAN CLOSING AND FUNDING (3-3-0). This course provides the student with comprehensive training in mortgage loan closing with an in-depth study of title commitments/policies, engineer's survey, deed restrictions, and various documents (legal and other) used for residential mortgage loans. Skills: R
FNM 1141 LOAN QUALITY CONTROL (1-1-0). This course provides the student with the understanding of quality control, its purpose and procedure. The student will learn to distinguish abnormal unacceptable transactions as well as to resolve the deficiencies noted. Skills: R
FNM 1213 LOAN ORIGINATION (3-3-0). This course provides the student with an introduction to the mortgage loan application process. Topics include regulatory compliance and documentation, real estate sales contracts, how to pre-qualify borrowers and how to explain the mortgage application to borrowers. Skills: R
FNM 2013 LAW AND BANKING: PRINCIPLES (3-3-0). This course is a banker's guide to law and legal issues, with special emphasis on uniform commercial code. Topics are: sources and applications of baking law; difference between torts and crimes and their relations to banks; contracts; real and personal property; how bankruptcy affects banks. (Formerly BAN 2143) Skills: R
FNM 2023 LAW AND BANKING: APPLICATIONS (3-3-0). An introduction to laws pertaining to secured transactions, letters of credit, and the bank collection process. Concept of negotiability, holder-in-due course, contractual liability, collection and check losses, letter of credit, and secured transactions are discussion topics. (Formerly BAN 2103) Skills: R
FNM 2033 ANALYZING FINANCIAL STATEMENTS (3-3-0). Develops the skills necessary to conduct a comprehensive and effective financial analysis of a business borrower in order to assess repayment. Discussion and study includes: importance of financial analysis in commercial lending; how a company's type of business and management strategies affect ways a lender conducts financial analysis; analyzing income statements, balance sheets and pro forma statements; construction and interpretation of a cash budget. Skills: R Prerequisites: ACC 1623 (Formerly BAN 1043).
FNM 2043 COMMERCIAL LENDING (3-3-0). This course focuses on how commercial lending business is organized, how it contributes to bank profitability, the total commercial lending process. Includes: importance of human relations skills in the successful lending officer; functions of the loan interview; structuring of a loan; important elements of loan documents; warning signs and prevention of problem loans. (Formerly BAN 2093) Skills: R
FNM 2053 CONSUMER LENDING (3-3-0). Provides an up-to-date, insider view of consumer lending and essential information about regulations, loan processing, cross-selling and collections. Topics include: consumer installment credit market; various loan products; credit math and loan pricing principles; variables that affect loan structure and cross-selling bank products. (Formerly BAN 2053) Skills: R
FNM 2063 DEPOSIT OPERATIONS (3-3-0). Provides an overview of the U. S. payments system, banking law and regulation. Topics include: regulatory and procedural framework of bank operations; check collection process; governing rules effecting paper payment; risks incurred by banks in processing checks; electronic components of payment systems; costs, risks and guidelines. (Formerly BAN 2113) Skills: R
FNM 2073 INTERNATIONAL BANKING (3-3-0). Covers foreign exchange, collections, letters of credit, international financing agencies, documents in international financial markets and the eurodollar market. (Formerly BAN 2063) Skills: R
FNM 2093 BUSINESS FINANCE (3-3-0). A study of methods of meeting the demands for funds in the business sector of the economy. Stresses initial and follow-up considerations in financing a business, including some examination of the role of financial institutions. Additional topics covered include financial planning and control, short and intermediate term financing, sources of capital, expansion and growth, and financially distressed business firms. (Formerly MKT 2043) Skills: R
FNM 2113 BANK INVESTMENTS AND FUNDS MANAGEMENT (3-3-0). This course is an introduction to the fundamental concepts and strategies of investment account management. Topics include: bank investment and funds management for an acceptable return without undue risk, characteristics and uses of specific investment funds, procedures of profit and risk analysis applicable to bank funds & investments. Skills: R
FNM 2123 INVESTMENTS (3-3-0). A detail study of the security markets, sources of information, risk and portfolio theory, and the valuation of stocks, bonds, and mutual funds. Course also includes discussions on portfolio investment objectives, performance measure and portfolio management techniques. Skills: R
FNM 2213 LOAN SERVICING (3-3-0). This specialized course examines how mortgage lenders handle loans from the time a loan is closed until the final payment is made. The course focuses on the legal aspects and actual procedures used in the daily operations of the loan servicing function. Topics include escrow accounting, contract servicing, governmental regulations, taxing authorities and establishing tax rates and economic impacts of delinquency. Skills: R
FNM 2223 SECONDARY MARKETS (3-3-0). This course provides a study of the purpose of the secondary mortgage market and its history. Included are review of the policies and programs of the major secondary market conduits; review of the basic strategies used in the selling of closed real estate mortgages into the secondary market; conventional and government segments; mortgage backed securities and bonds; regulatory requirements; GNMA mortgage backed securities; preparing and completing loans for sale and in servicing sold loans. Other topics are institutional and non-institutional lenders and characteristics provided; overview of types of mortgages; history, and alternative mortgage instruments. Skills: R