Course Title: Financial Management

Transcription

1 Course Title: Financial Management Unit: Budgeting Content Standard(s) and 1. Analyze financial data to develop budgetary plans and interpret financial data. Creating charts, graphs, and tables using financial data Analyzing budgets to determine future financial needs Determining cash flow, profit margin, and cost-benefit analysis 2. Evaluate income, savings, and investment opportunities to create a budget that meets short-term and long-term goals. Learning Objective(s) and The students will: 1. Create and prepare a budget using estimated income, estimated expenses, and savings goals. 2. Analyze and evaluate the four types of personal records: income and expense records, a net worth statement, a personal property inventory, and tax records. 3. Compare and contrast the differences between assets and liabilities as it relates to net worth. 4. Compare and contrast the differences between an expressed or an implied contract. Essential Question(s): What information do students need in order to create a financial budget? 1. Financial Budget 2. Investment Plan 3. Expressed Contract 4. Implied Contract 5. Expense Records 6. Net Worth Statement 7. Property Inventory Content Suggested Instructional Activities Rigor & Relevance Framework (Quadrant) Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking Oral Presentation-2 minute talk Video Job Analysis KWHL Suggested Materials, Equipment and Technology Resources Textbooks/Workbooks Presenters Presentation & Word Processing Software Rubrics Job Analysis Form Interactive Whiteboards Videos Financial Planning Software Calculator

2 Unit Assessment: Short Investigations, Research Projects and Presentation, Oral Presentations, Participation in Discussion, Investment Plan, Quizzes, and Tests CTSO Activity: CTSO members will sponsor or participate in the national Stock Market Investment Project. CTSO members will tour an Investment Firm. Culminating Product: PowerPoint presentation on Financial Investment Stock Market Investment Project Portfolio Mock Corporate Budget and Analysis Course/Program Credential(s): Leads to NOCTI Credential Certificate Postsecondary Degree University Degree Other

3 Course Title: Financial Management Unit: Investments and Risk Management Content Standard(s) and 3. Evaluate risk management options available to consumers and entrepreneurs for protection against financial loss. 4. Utilize mathematics skills to analyze the risk, interest rate return, and liquidity for savings and investment alternatives. Learning Objective(s) and Essential Question(s): 1. Evaluate and create an investment plan. 2. Analyze the following types of investments: Low-risk investment options Medium-risk investment options High-risk investment options 3. Create and construct a risk management plan. 4. Differentiate between health and life insurance as well as how it relates to risk management. 5. Compare and contrast the differences between property and liability insurance. 6. Analyze the differences between automobile and umbrella liability insurance. 7. Compare and contrast disability and life insurance. 8. Compare and contrast Medicare and Medicaid. 9. Analyze and evaluate group and individual health plans. How should young people invest their money? Content 1. Insurance Terminology 2. Risk Management Plans 3. Health Plans 4. Liability Insurance 5. Automobile and Umbrella Insurance 6. Medicare vs. Medicaid Suggested Instructional Activities Rigor & Relevance Framework (Quadrant) Group Investigation Collaborative Learning Guest Speakers Research Note taking Oral Presentation-2 minute talk Video Suggested Materials, Equipment and Technology Resources Textbooks/Workbooks Presentation & Word Processing Software Rubrics Interactive Whiteboards Internet Sites Computer

4 7. Group vs. Individual health plans 8. Investment Planning Job Analysis KWHL Printer LDC Projector Unit Assessment: Research Projects and Presentation, Oral Presentations, Participation in Discussion, Risk Management Plan, Investment Plan Quizzes, and Tests CTSO Activity: CTSO members will sponsor or participate in the national Stock Market Investment Project. CTSO members will tour an Investment Firm. Culminating Product: PowerPoint presentation on Financial Investments Stock Market Investment Project Portfolio Mock Corporate Budget and Analysis Course/Program Credential(s): Leads to NOCTI Credential Certificate Postsecondary Degree University Degree Other.

5 Course Title: Financial Management Unit: Communication Content Standard(s) and 5. Demonstrate skills needed to effectively organize and communicate financial information. Examples: formal and informal presentations, memoranda Learning Objective(s) and Essential Question(s): 1. Produce and communicate financial information through: short and long speeches formal and informal presentations written financial memoranda 2. Analyze financial information. 3. Create a presentation using financial information. How can business people communicate financial information effectively? Content 1. Financial-related memoranda 2. Creating PowerPoint Presentations 3. Short informal & formal speeches 4. Long formal & informal speeches 5. Analyze financial information Suggested Instructional Activities Rigor & Relevance Framework (Quadrant) Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking Oral Presentations Video Suggested Materials, Equipment and Technology Resources Textbooks/Workbooks Presenters Presentation & Word Processing Software Rubrics Interactive Whiteboard Videos Unit Assessment: Short & long formal/informal speeches, Quizzes, Tests, Presentation with complex financial information included

6 CTSO Activity: CTSO will participate and sponsor a financial literacy workshop for students, teachers, and their families. Culminating Product: Presentation that includes complex financial information Speech Course/Program Credential(s): Leads to NOCTI Credential Certificate Postsecondary Degree University Degree Other

7 Course Title: Financial Management Unit: Financial Management Content Standard(s) and 6. Apply organizational skills to complete and manage financial operations. Examples: synchronizing schedules and calendars, scheduling work priorities to meet deadlines 7. Explain how agencies that regulate national and international financial markets protect investors. Using financial statements to analyze a company s financial situation Forecasting business profit Critiquing ways domestic and international financial markets influence interest rates, trade deficits, and unemployment 8. Analyze the decision-making process needed to develop and maintain a financially stable business plan. 9. Determine how effective debt and credit management practices affect insurance costs, job opportunities, and interest rates. Analyzing alternative sources of credit for suitability to a particular situation 10 Analyze international, federal, state, and local regulations for impact on financial management decisions. Describing effects of tax structure on business decisions Comparing legal rights and responsibilities of various types of businesses Interpreting the role of the United States Securities and Exchange Commission in regulating financial decisions Learning Objective(s) and Essential Question(s): The students will: 1. Create and synchronize work related calendars. 2. Prioritize work responsibilities and deadlines. 3. Evaluate, analyze, and prepare a financial statement for domestic and international businesses. 4. Forecast business profits by evaluating a business plan. 5. Analyze sources of credit that can be beneficial for business. 6. Create a business plan that includes tax structures, profit forecasting, and other financial information. 7. Compare the legal rights and responsibilities for all business types. How can organization skills be applied to complete and manage financial operations? How can agencies that regulate national and international financial markets in order to protect investors? How can a business develop and maintain a financially stable business plan? Content 1. Synchronized Schedules & Calendars 2. Financial Operations 3. Business Plans Suggested Instructional Activities Rigor & Relevance Framework (Quadrant) Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Suggested Materials, Equipment and Technology Resources Textbooks/Workbooks Presenters Presentation & Word Processing Software

8 4. Financial Statements 5. United States Securities & Exchange Commission Research Projects Note taking Video KWHL Rubrics Interactive Whiteboards Calculator Portfolio Videos Unit Assessment: Portfolio Presentation and Display, Participation in Discussion, Quizzes, and Tests CTSO Activity: CTSO students will take a trip to job shadow a business person at a local financial company or institution. Culminating Product: Financial Portfolio to include a financial statement, business plan with profit forecasting, a synchronized schedule of priorities from the job shadowing field trip, and a comparison of legal rights and responsibilities for all types of businesses. Course/Program Credential(s): Leads to NOCTI Credential Certificate Postsecondary Degree University Degree Other

9 Course Title: Financial Management Unit: Career Opportunities Content Standard(s) and 11. Utilize research results to determine career and entrepreneurial opportunities, responsibilities, and educational and credentialing requirements related to financial management and investment planning. Learning Objective(s) and The student will: 1. Research and identify the jobs that correspond with the field of financial and investment planning. 2. Access how personal interests and skills, values, and lifestyle goals affect one s career choices. Essential Question(s): What information do students need in order to evaluate, analyze, and apply before making financial decisions? What kind of credentials should a financial manager have? Content 1. Financial Careers 2. Educational or Credentialing Requirements 3. Entrepreneurial Opportunities for financial planners Suggested Instructional Activities Rigor & Relevance Framework (Quadrant) Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking Oral Presentation--2 minute talk Video S.W.O.T. Analysis KWHL Suggested Materials, Equipment and Technology Resources Textbooks/Workbooks Presenters Presentation & Word Processing Software Rubrics S.W.O.T. Form Interactive Whiteboards Videos Internet Sites: census.gov DOL.gov salaries.com United Streaming Podcasting

10 Unit Assessment: Short Investigations, Research Projects, Learning Logs, Exhibitions, Oral Presentations, Participation in Discussion, Project and Project Presentation, Quizzes, and Tests CTSO Activity: CTSO members will participate in a field trip to a bank. CTSO members will invite a financial planner to a meeting to speak. Culminating Product: PowerPoint presentation on financial careers Course/Program Credential(s): Leads to NOCTI Credential Certificate Postsecondary Degree University Degree Other

11 Course Title: Financial Management Unit: Tax Liability Content Standard(s) and 12. Determine tax liability on income. Examples: property, inheritance, earned income Learning Objective(s) and The students will: 1. Study and evaluate the various types of taxes as it relates to tax liability and income. 2. Compare how tax liability is determined for property, inheritance, and income. Essential Question(s): What information do people need in order to know how to figure how to computer a tax liability? 1. Tax 2. Tax Liability 3. Income 4. Property Tax 5. Inheritance 6. Earned Income Content Suggested Instructional Activities Rigor & Relevance Framework (Quadrant) Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking Oral Presentation--2 minute talk Video Job Analysis KWHL Suggested Materials, Equipment and Technology Resources Textbooks/Workbooks Presenters Presentation & Word Processing Software Rubrics Job Analysis Form Interactive Whiteboards Videos Financial Planning Software Calculator

12 Unit Assessment: Research Project, Oral Presentations, Participation in Discussion, Investment Plan, Quizzes, and Tests CTSO Activity: CTSO will participate in a volunteer tax preparation course in partnership with H&R Block to reemphasize the objectives covered. Culminating Product: Students will do a comparison research paper on the types of tax liabilities and design and distribute brochures with a condensed version of their research paper. Course/Program Credential(s): Leads to NOCTI Credential Certificate Postsecondary Degree University Degree Other.