Nov 15, 2024  
2021-2022 Official General Catalog 
    
2021-2022 Official General Catalog [Archived Catalog]

BUS 131 - Personal Finance


Guidelines for financial planning regarding long-term and short-term installments buying, i.e., homes, autos, etc., credit, insurances, taxes, savings, budgeting, and investments in real estate, stocks, bonds, IRA’s, mutual funds, money market accounts, etc.

Credits: 3
Hours
3 Class Hours
Course Profile
Learning Outcomes of the Course:

Upon successful completion of this course the student will be able to:

  1. Set short, intermediate and long-term financial goals as part of a personal financial plan.
  2. Understand the basics of cash management including personal financial statements, budgeting, savings alternatives, income taxes and use of credit for home and consumer purchase.
  3. Demonstrate an understanding of the main types of insurance and how to protect income and assets through the use of insurance.
  4. Demonstrate an understanding of stocks and bonds and how to invest to achieve personal financial goals.
  5. Plan for retirement and estate transfer.