A goal-oriented approach to personal financial management covering budgeting, use of financial institutions, income tax effects and strategies, credit risk management, investment analysis, risks, alternatives, financial products and markets, retirement planning and estate planning. Students will be introduced to various financial planning software programs.
Recommended Preparation
Grade of C or better in Math 75X or equivalent.
Course Outcomes
- Discuss the financial institution’s role in individual personal finance.
- Critique the different types of insurance and their effectiveness in controlling and managing risk.
- Discuss the investment process.
- Utilize software and other financial planning tools.