|CLASS CODE:||B 418||CREDITS: 3|
|DIVISION:||BUSINESS & COMMUNICATION|
|GENERAL EDUCATION:||This course does not fulfill a General Education requirement.|
|DESCRIPTION:||Emphasizes the tools and techniques of financial planning for individuals. Subject areas include personal and family budgeting, insurance, investments, estate planning including estate and inheritance tax, retirement planning, and individual income tax considerations. The role of the financial planner will be discussed.|
|TAUGHT:||Winter, Summer, Fall|
|CONTENT AND TOPICS:||Financial planning, budgeting, insurance, investments, estate planning, retirement planning, and individual income tax|
|GOALS AND OBJECTIVES:||Develop understanding of core financial planning topics.
Develop understanding of basic mathematics of financial planning: time value of money, amortization, creation of tax-deferred growth models, term vs. whole life, and asset allocation.
Build skills in analysis of financial services product (including mutual funds and insurance products).
Develop real-world skills in spreadsheet modeling of basic concepts.
Develop team communication skills and presentation skills.
|REQUIREMENTS:||Group projects, written reports, exams, analysis of mutual funds and insurance, quantitative research, qualitative research.|
|PREREQUISITES:||B 201, B 301, Acct 301|
|EFFECTIVE DATE:||August 2001|