BUS-255-20, Personal Financial Management (WN14)
INSTRUCTOR: Lawrence Beyer
SCHEDULE/DAY/TIME: Tuesday and Thursday evenings 6:00 – 9:00 pm, 01/02/2014-01/23/2014
This course covers the essential elements of a personal financial plan, including creation of personal financial statements and a personal budget. As part of this process, students will learn how to managing credit, invest for the short-term, medium term, and long term, and create a retirement plan.
-Create a Financial Plan and personal budget
-Create investment portfolios for the short term, intermediate term, and retirement
-Demonstrate understanding of the use of insurance products and explain misuses by insurance industry
-Demonstrate understanding of borrowing for home and car, and understanding of credit scoring
Teaching methods will include lectures, full class discussions, in-class problem solving, and possibly group work.
REQUIREMENTS AND ASSIGNMENTS:
Include textbook and article readings, answering questions, problem solving, and production of personal financial statements, budget, and financial plan.
REQUIRED TEXT(S) OR MATERIALS:
Personal Finance, edition 5, by Jeff Madura. Published by Pearson. ISBN 978-0-13-299434-7. The textbook I am requiring comes with a CD. The CD is loaded with excel spreadsheet templates to be used for building a personal financial plan. It is very helpful but is not required.
RECOMMENDED READINGS OR MATERIALS:
READINGS AND/OR ASSIGNMENTS TO BE DONE PRIOR TO THE FIRST CLASS:
Chapters 1-4 of Textbook.