Personal Financial Management

Catalog description

Lectures and case analysis of managing one’s personal finances; includes budgeting, credit analysis, insurance, taxation, housing, estate planning, private and business investment. Not available for credit in Management concentrations. Credit will only be given for one of the following: ECON 24000, FIN 24000 OR FIN 44200. Typically offered Fall Spring Summer. General Education: Social Sciences, Technology Course Learning Outcomes 1. Create a personal balance sheet. 2. Create a personal income statement. 3. Create a personal budget. 4. Solve basic time-value-of-money problems. 5. Calculate personal income taxes. 6. Compare and contrast rent vs. buy housing decisions. 7. Calculate a mortgage payment schedule. 8. Describe the basic characteristic of different investment instruments. View Class Schedule