BUS 1200 Personal Financial Planning 1

Transcription

1 COURSE NO/TITLE: BUS 1200 Personal Financial Planning CATALOG DESCRIPTION: BUS 1200 Personal Financial Planning gives an overview of the fundamental concepts and practices of financial management and planning for the individual. Specific topics include budgeting, goal-setting with controls, asset management, tax planning, and portfolios. The amount of work required for upperdivision credit will differ in both quantity and quality from that required for lowerdivision credit. PREREQUISITES: SEMESTER/TERM: COURSE START: Cuvilly? CLASS HOURS: 12:00-12:50 Wednesday Additional work will be completed online through Moodle. COURSE MATERIAL: Personal Financial Planning, 2014, Gitman, Joehnk, and Billingsley, 13 th edition, ISBN (Required) Additional Readings as assigned Excel or google sheets is required for every student. INSTRUCTOR: Dr. Douglas Rice TELEPHONE: (510) cell with voice mail and text E MAIL: drice@ndnu.edu - but it's faster to use douglasrice@me.com OFFICE HOURS: 30 minutes prior to each class or by prearranged appointment OFFICE LOCATION: Cuvilly 12 INSTRUCTOR BACKGROUND Dr. Rice, CFP received his Doctorate in Business Administration concentrated in finance from Golden Gate University and authored the book Create Your Own Personal Financial Plan: A Step-By-Step Method to Organize, Plan, and Manage Your Personal Affairs. More of Dr. Rice's background can be found online at ACADEMIC HONESTY: Academic honesty is a cornerstone of our values at NDNU. If any words or ideas used in an assignment submission do not represent your original words or ideas, you must cite all relevant sources and make clear the extent to which such sources were used. Words or ideas that require citation include, but are not limited to, all hard copy or electronic publications, whether copyrighted or not, and all verbal or visual communication when the content of such communication clearly originates from an identifiable source. Consult the NDNU Student Handbook regarding consequences of misrepresenting your work. BUS 1200 Personal Financial Planning 1

2 PRIVACY and CONFIDENTIALITY: One of the highlights of the NDNU academic experience is that students often use real-world examples from their organizations in class discussions and in their written work. However, it is imperative that students not share information that is confidential, privileged, or proprietary in nature. Students must be mindful of any contracts they have agreed to with their companies. LEARNING and OTHER DISABILITIES If you have a learning disability or other circumstance that requires accommodations in this class, you must bring it to the attention of Program for Academic Support and Services (PASS) to arrange for possible accommodations ( ). SYLLABUS UPDATES: Refer to this syllabus for course assignments. However the course syllabus and schedule are subject to change in the event of extenuating circumstances. Your will be notified of any changes made to the syllabus. In all circumstances University policies will be strictly adhered to. CLASS ATTENDANCE: Your attendance is very important to your studies at the University. Non-attendance or lack of participation in the class will be considered during the grading process. See the points for participation portion of the in the grading section to see the impact of not attending nor participating. WORKLOAD: In addition to class attendance, every class at NDNU includes assignments estimated to take approximately three (or more) hours per week per unit outside of class (14 hours). The distribution of average weekly hours of instruction/study for this class will follow that norm, equaling a total of 18 hours a week, generally in accordance with the following: Distribution of Avg. Weekly Hours of Instruction/Study (9 per week) Classroom Contact Hours: 2 Reading 2 Homework, exam prep 2 Online assignments 2 Presentation/discussion prep 1 TOTAL NUMBER OF HOURS PER COURSE 135 BUS 1200 Personal Financial Planning 2

3 WRITTEN ASSIGNMENTS: Typically the School of Business and Management requires the use of the American Psychology Association (APA) publication guidelines as a standard for all papers. If you need help with your writing or need more information about writing in the APA format, please make an appointment at the NDNU Writing Center. You can also visit the APA Style webpage at LATE WORK: Assignments are to be completed and submitted as scheduled. Some online discussions may drag out for many weeks. That's fine. But the initial assignments must be turned in on schedule. There are times when assignments can't be completed on time. If that's the case, then contact the professor PRIOR to assignment being due to work out a plan to get the work completed. If you do not contact the professor before the assignment is due, then the assignment won't be accepted and you will receive no credit for that work. PARTICIPATION and CLASS FORMAT: This is a Mixed Mode class. Each topic of the course starts with your reading the assigned reading and responding to the discussion questions. Then there is a class session followed by the topic is examined online via Moodle. In some cases, this will be discussion questions and in others it will be papers or projects. We will use NDNU campus portal and Moodle as means of online distribution of lecture notes and additional readings as well as assignments and discussion. (Sign in to your account at ) Please download and print out the PowerPoint presentation slides in handout format, (6 slides per page,) and bring them to the class. Both lecture and classroom activities (both in-class and online) are organized to maximize student involvement in the learning process. You will be evaluated on your comprehension of the material as well as your ability to discuss the relevancy (i.e., research pros and cons) of what was noteworthy in context of this class. The discussion/presentations will highlight the best of the online work and provide an opportunity to dig deeper into several aspects of the topic. Each student will need to be prepared to lead or present information related to the topic as they may be called at random. What really matters is the quality of your participation. Thoughtful postings, answers, questions, comments, or critiques combined with a general attitude of trying to help everyone do well will be met with solid rewards. Quality counts more, but not so much you can skip any assigned work. ONLINE COMPONENT: There will be significant work required online via Moodle. Also, articles and other readings will also be posted there. EXTRA CREDIT: None. The opportunity to introduce it will be at the discretion of the instructor, but don't count on it. COURSE MATERIAL Beyond what's on Moodle there is one book. BUS 1200 Personal Financial Planning 3

4 Personal Financial Planning, 2014, Gitman, Joehnk, and Billingsley, 13 th edition, ISBN (Required) In accordance with the federal Higher Education Opportunity Act, to the extent practicable, NDNU makes textbook information available as part its class schedule. NDNU makes every effort to ensure the accuracy of the textbook information provided. Due to issues such as textbook availability, errors, and academic reasons, NDNU may need to change textbook information that has been published. NDNU cannot take financial responsibility when a student purchases a non-refundable textbook and a change occurs to published textbook information. Student wishing to avoid this risk should purchase textbooks from sources that allow returns for refunds, such as the NDNU Bookstore. PROGRAM LEARNING OBJECTIVES (PLO): Students will: 1. Acquire and demonstrate analytical and problem solving skills within various disciplines of business accounting, economics, finance, management and marketing; 2. Learn to describe, discuss and analyze current events in American business with attention to the global, social and ethical dimensions of events; 3. Acquire the communication, research and technological skills needed to analyze a business situation, and prepare and present a management report; 4. Develop critical thinking abilities and a foundation of ethical principles that allows them to work effectively, respectfully, ethically and professionally with people of diverse ethnic, cultural, gender and other backgrounds. COURSE LEARNING OBJECTIVES: 1. Demonstrate the ability to make personal financial decisions and identify personal financial issues and their solutions. PLO#1 2. Research, prepare and present a personal financial plan. PLO#2, PLO#3 3. Apply critical thinking skills to analyze the various aspects of personal financial planning. PLO#1, PLO#2 4. Analyze personal financial situations and document in writing your findings. PLO#1, PLO#3, PLO#4 5. Describe, discuss and analyze personal financial issues in light of the NDNU hallmarks. BUS 1200 Personal Financial Planning 4

5 ASSIGNMENTS VALUE & KEY DATES: Assignments Point Value Due dates Assignments (online) 5 pts/week 25 Forthcoming Presentation/Participation 15 Every Week Midterm and Final 20 each Syllabus POINT TOTALS 100 GRADE/POINT CONVERSION: A A B B B C C C D D D F 59 or < COURSE ACTIVITIES: Meeting Date Topics Assigned Readings Assignments 1 1/13 Introduction to Course Chapter 1 2 1/15 Time Value of Money Overview Chapter 2 3 1/18 (Online) Holiday (MLK Day) See Moodle Section 1 Described in Moodle 4 1/20 Time Value of Money 5 1/22 (Online) Time Value of Money 6 1/25 Discussion/Presentations See Moodle Section 2 Described in Moodle 7 1/27 Financial Statements Ratio Analysis Chapter 3 8 1/29 (Online) See Moodle Section 3 Described in Moodle 9 2/1 Discussion/Presentations 10 2/3 Budgeting Chapter /5 (Online) See Moodle Section 4 Described in Moodle BUS 1200 Personal Financial Planning 5

6 12 2/8 Discussion/Presentations 13 2/10 Retirement savings options Chapter /12 See Moodle Section 5 Described in Moodle 15 2/15 Holiday (Presidents Day) No presentations this week due to holiday 16 2/17 Stocks, Bonds, Cash Chapter /19 (Online) See Moodle Section 6 Described in Moodle 18 2/22 Discussion/Presentations 19 2/24 Retirement Planning Chapter /26 (Online) See Moodle Section 7 Described in Moodle 21 2/29 Discussion/Presentations 22 3/2 Midterm Prep 23 3/4 (Online) Midterm exam online See Moodle Section Described in Moodle 24 3/7-3/11 Spring Break 25 3/14 Real Estate Chapter /16 Midterm Review Go over Midterm 27 3/18 (Online) See Moodle Section 8 Described in Moodle 28 3/21 Discussion/Presentations 29 3/23 Taxes Chapter /25 (Online) See Moodle Section 9 Described in Moodle 31 3/28 Discussion/Presentations 32 3/30 Credit Chapter /1 (Online) See Moodle Section 10 Described in Moodle 34 4/4 Discussion/Presentations 35 4/6 Auto and Housing Chapter /8 (Online) See Moodle Section 11 Described in Moodle 37 4/11 Discussion/Presentations 38 4/13 Insurance Chapter /15 (Online) See Moodle Section 12 Described in Moodle 40 4/18 Discussion/Presentations 41 4/20 Estate Planning Chapter 13, /22 (Online) See Moodle Section 13 Described in Moodle 43 4/25 Discussion/Presentations 44 4/27 Final Prep 45 4/29 (Online) Final Prep BUS 1200 Personal Financial Planning 6

7 46 FINALS WEEK (Online) Final Exam BUS 1200 Personal Financial Planning 7