96/ FIELDS OF INSTRUCTION 5424-Econometric Models and Methods, ECO 6426-Econometric Methods I, STA 6126-Statistical Meth- ods in Social Research I, or STA 6200-Fundamentals of Research Design. The major field in finance consists of at least 16 credit hours in graduate course work in finance including FIN 6446 and 6447-Financial Theory I and II. Students may elect to have one "strong" minor (16 credit hours), two "weak" minors (8 credit hours each), or a supporting field which is not declared as a minor. If a supporting field is chosen, at least 16 hours of course work acceptable to the student's supervisory committee must be taken. The supporting field option is selected when a student wishes to take courses across a number of departments. Other requirements are listed in the General Information section of this Catalog. Real Estate.-The breadth requirement, as in all concen- trations for the business administration program, applies only to students entering without prior course work in business. It consists of at least three courses from the following list (two or more fields must be represented): GEB 5405-Legal Environment of Business, FIN 5405-Financial Management; FIN 5525-Security Mar- kets and Pricing, FIN 6246-Money and Capital Markets, -MAR 6716-Problems and Methods of Marketing Man- agement, MAR 6506-Consumer Behavior, and ACG 5005-Financial Accounting. The research foundations include ECO 5415-Statistical Methods in Economics, ECO 5424-Econometric Models and Methods, GEB 5805-Mathematical Methods -and Their Applications to Business and Economic Analysis, STA 4321 and 4322-Mathematical Statistics I and II, ECO 6115-Microeconomic Theory I, and ECO 6206-Macro- economic Theory I. The major field, minor, and supporting field require- ments have the same credit stipulation as those outlined above for finance, except that the major work is in real estate. The M.A. with a concentration in either finance or real estate requires a minimum of 30 credit hours which includes a minor of at least 6 credits and a thesis. No more than 6 hours of 6971 count toward the 30 credit mini- mum. The M.A. nonthesis option for the concentration in real estate is a two-year program consisting of at least 35 credits of on-campus, letter-graded courses and 6 credits of off-campus internship. FIN 5405-Business Financial Management (3) Prereq: ACG 5005, GEB 5756. Required of all MBA degree candidates who have had no basic business finance course. Analysis of business financing and investing decisions. FIN 5425-Corporate Finance (3) Prereq: FIN 4414, 5405, or consent of instructor. The application of business finance prob- lems. Students prepare written solutions to case problems. FIN 5525-Security Markets and Pricing (3) Prereq: FIN 5405 or consent of instructor. An examination of security market struc- ture and the theory of security selection and pricing. FIN 6246-Money and Capital Markets (4) Prereq: FIN 5405, college-level mathematics, and statistics. Financial markets, with emphasis on flow of funds, interest rate determination, and allocation of resources. FIN 6324-Financial Institutions (3) Prereq: FIN 5405. Designed for MBA candidates. Description and analysis of management decisions in a changing economic and regulatory environment. FIN 6446-Financial Theory I (4) Prereq: FIN 5405 or consent of instructor. The first in a two-course sequence. Emphasis on the theory of the firm's investment and financing decisions. FIN 6447-Financial Theory II (4) Prereq: FIN 6446 or consentof instructor. Emphasis on the theory of the financial intermediary system. FINf6626-International Finance (4) Prereq: FIN 5405 or consent of instructor. A study of international financial markets and institutions, and problems encountered by corporations operat- ing in the international environment. FIN 6905-Individual Work in Finance (1-4; max: 7) Prereq: permission of department and Director of Graduate studies. Reading and/or research in finance as needed by graduate students. FIN 6940-Supervised Teaching (1-5; max: 5) S/U. FIN 6971-Research for Master's Thesis (1-15) S/U. FIN 7800-Corporate Finance (4) Prereq: FIN 6446, FIN 6447or consent of instructor. Theory and empirical analyses of corpo- rate financial decisions in a world of risk with both perfect and imperfect markets. FIN 7809-Investments (4) Prereq: FIN 6446, FIN 6447 or consent of instructor. Theory and empirical analyses of security investment decisions in a world of risk with both perfect and imperfect markets. FIN 7810-Financial Markets and Institutions (4) Prereq: FIN 6446, FIN 6447 or consent of instructor. The economic role of financial markets and institutions and how financial decisions are made by financial institutions. FIN 7938-Finance Research Workshop (1-4; max: 7) Analysis of current research topics. Paper presentation and critiques by doctoral students, faculty, and visiting scholars. FIN 7979-Advanced Research (1-9) Research for doctoral stu- dents before admission to candidacy. Designed for students with a master's degree in the field of study or for students who have been accepted for a doctoral program. Not open to students who have been admitted to candidacy. S/U. FIN 7980-Research for Doctoral Dissertation (1-15) S/U. REE 5001-Case Studies in Valuation Analysis and Report Writ- ing (3) Analysis of various property types and appraisal situ- ations. Case studies illustrate and teach application of appraisal methodology to typical assignment. REE 5505-Real Estate Development and Management (3) The decision making process concerning the production and man- agement of real estate resources. Includes principles and tech- niques employed by developers and managers, as well as case studies of real estate projects. REE 6286-Seminar in Real Estate Financial Analysis (3) Mort- gage risk analysis, mortgage risk rating; trading on equity; long- and short-term financing; problems encountered in slum clear- ance, subdivision, and urban redevelopment. REE 6305-Seminar in Real Estate Valuation (3) Advanced theo- ries and methods of appraisal. Statistical inference, market simu- lation, and application of specialized appraisal theory to ap- praisal problems. REE6395-Seminar in Real Estate Investment and Development (3) Advanced theory and applications of real estate investment analysis to both existing properties and new development. Emphasis on problem identification, analysis and prospective solutions. REE 6609-Seminar in Land Use Controls (3) Survey of environ- mental planning, zoning, and similar laws with emphasis on Florida law. Costs and benefits as they relate to both private and public sectors. REE 6756-Seminar in Real Estate Market Analysis (3) Economic factors which provide the basis for urban growth and develop- ment. Analysis of real estate supply and demand with applica- tions to residential and nonresidential markets. REE 6905-Individual Work in Real Estate (1-3; max: 7) Prereq: permission of department and Director of Graduate Studies. Reading and/or research in real estate. REE 6910-Supervised Research (1-5; max: 5) S/U. REE 6940-Supervised Teaching (1-5; max: 5) S/U. REE 6946-Internship (1-3; max: 10) Prereq: at least one semes- ter of graduate work in real estate. Work experience in a real estate office for graduate students who intend to become profes- sional appraisers and analysts. S/U. REE 6971-Research for Master's Thesis (1-15) S/U. REE 7920-Real Estate Research Workshop (3; max: 6) Analysis of current research topics. Paper presentation and critiques by doctoral students, faculty, and visiting scholars. REE 7979-Advanced Research (1-9) Research for doctoral stu- dents before admission to candidacy. Designed forstudents with a master's degree in the field of study or for students who have been accepted for a doctoral program. Not open to students who have been admitted to candidacy. S/U. REE 7980-Research for Doctoral Dissertation (1-15) S/U. RMI 6195-Seminar in Life Insurance (3) Prereq: RMI 4135. Problems in life insurance and related fields. RMI 6296-Seminar in Property and Liability Insurance (3) Prereq: RM13206, 3207. Meaning, economic influences, social