BU 413 - Wealth Management

Lecture Hours: 3
Lab Hours: 0
Credit Hours: 3

Emphasis in the major concepts in the creation and management of wealth for the individual, small privately held firms, and family owned businesses. Analysis of financial and estate planning from a life-cycle perspective; accumulation, preservation, and transfer. Examines the use of insurance as a planning tool for hedging and risk management. Explores the challenge of forecasting, considering both deterministic and random models. Prerequisite(s): BU 411 (completed or concurrent) with a grade of C or higher or permission of instructor.