Study.com | Evaluated Learning Experience
Finance 102: Personal Finance
15 hours (10 weeks).
December 2013 - Present.
Upon successful completion of the course, students will be able to: discuss how financial decisions are made with proper advice, and calculate net worth; list the different kinds of consumer credit, read through a credit report, and define bankruptcy; compare different types of mortgages and discuss the differences between buying and leasing; examine tax systems and determine filing status for taxes; identify the types of health insurance and the consequences of liability; analyze annuities and draft a risk management plan; determine the differences between accounts (e.g., savings and money market funds); and create a will and understand the evolving changes in Social Security and cost of living .
Methods of instruction include audio visual materials and computer-based training. Major topics include: introduction to personal financial planning; personal credit and loans; planning for major purchases; personal taxes; the importance of personal insurance; personal investing; and retirement and estate planning.
In the lower division baccalaureate degree category, 3 semester hours in Finance, Basic Finance, Principles of Finance, or Financial Management (12/16).