Individual Finance & Planning
This course focuses on the methods, features and techniques for personal financial planning. Tools applicable for financial decision-making, such as marginal analysis, opportunity cost, and the balancing or risk and return will be covered in this class. The course will also discuss the aspects of such topics as budgeting, credit cards, insurance 401k-investments and portfolio investments. The course will concentrate on personal finance topics with an emphasis on planning (budgeting, tax and insurance coverage), financing large asset purchases, money management, investing strategies and retirement planning.
Restricted to students in the School of Continuing & Professional Studies.
At the end of the course the student will be able to 1. Develop a financial plan and create personal financial statements 2. Evaluate present/future value of a dollar/annuity 3. Describe components of interest rates 4. Identify risks associated with money market investments and identity theft tactics 5. Manage credit scores and financing options for personal loans (car/house) 6. Protect wealth with insurance (auto, home, medical, life) 7. Assess common types of investments, risk and rate of return 8. Analyze a stock, bond value, diversification, retirement plans and social security 9. Utilize different financial tools such as budgeting, managing liquidity, personal loans, insurance, and investing fundamentals (stocks, bonds, mutual funds, asset allocation and retirement planning).
Restricted to students in the School of Continuing & Professional Studies.
At the end of the course the student will be able to 1. Develop a financial plan and create personal financial statements 2. Evaluate present/future value of a dollar/annuity 3. Describe components of interest rates 4. Identify risks associated with money market investments and identity theft tactics 5. Manage credit scores and financing options for personal loans (car/house) 6. Protect wealth with insurance (auto, home, medical, life) 7. Assess common types of investments, risk and rate of return 8. Analyze a stock, bond value, diversification, retirement plans and social security 9. Utilize different financial tools such as budgeting, managing liquidity, personal loans, insurance, and investing fundamentals (stocks, bonds, mutual funds, asset allocation and retirement planning).