Course

Course Summary

Credit Type:

Course

ACE ID:

ICS-0119

Organization's ID:

FIN210

Organization:

Penn Foster College

Location:

Classroom-based

Length:

Self-paced (52 weeks)

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Lower-Division Baccalaureate	3	Personal Finance, Financial Planning, or Personal Financial Planning

Description

Objective:

This course objective is to introduce students to the world of finance, including financial concepts, instruments, and financial decision making. Topics covered include financial assets; investing in long-term assets; capital structure and dividend policy; financial planning and working capital management.

Learning Outcomes:

Formulate a plan for saving, protecting, and managing financial assets and debt
Evaluate various types of investing
Construct a will, a trust, and an estate plan
Develop personal goals and plans associated with personal financial decisions
Evaluate various types of financial services, savings plans, and payment options
Create a plan to protect and manage your credit and debit
Identify strategies for consumer purchasing and problem resolutions
Compare health care and disability plans, costs and coverages provided by private and governmental entities
Distinguish between various types of life insurance policies, coverages, and companies
Describe how stocks are measured, evaluated, bought, and sold
Apply money management skills to personal financial goals and plans
Develop strategies for consumer and housing purchases
Determine the type of investments best suited to your financial goals
Create a personal budget
Prepare tax strategies and a federal tax return
Compare costs associated with purchasing versus renting a home
Identify the types and risk involved with home and automobile insurance
Analyze factors that affect investments
Explain investment objectives and characteristics
Distinguish between various types of aspects involving wills, trusts and estate planning

General Topics:

Foundations of financial planning, managing basic assets, managing credit, managing insurance needs, managing investments, and retirement and real estate planning

Instruction & Assessment