Course

Course Summary

Credit Type:

Course

ACE ID:

OOSL-0036

Organization's ID:

FIN101

Organization:

StraighterLine

Location:

Online

Length:

15 weeks (75 hours)

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Lower-Division Baccalaureate	3	Personal Finance

Description

Objective:

The course objective is to equip students to understand, plan, and manage their financial affairs. It focuses on the development of practical methods of organizing financial information, interpreting their personal financial position and cash flow, developing achievable and worthwhile goals, and implementing actionable plans and risk management techniques to meet those goals. Specific topics to be covered include money management, insurance, and investing.

Learning Outcomes:

Upon completion of this course, the student will be able to identify socioeconomic influences that impact personal financial planning
Compare and contrast the advantages and disadvantages of three different types of payment methods and give examples
Assess the components of the risk factor one must consider before investing
Calculate the cost of securing a loan and describe how to go about applying for credit
Describe the characteristics of mutual funds investments and classify mutual funds by investment objective
Analyze the personal and legal aspects of estate planning
Upon completion of the course, the student will be able to identify socioeconomic influences that impact personal financial planning
Identify the components of the risk factor one must consider before investing
And recall the personal and legal aspects of estate planning
Identify a plan for making personal financial and career decisions
Calculate the cost of securing a loan and describe how to go about applying for credit
Recall the characteristics of mutual funds investments and classify mutual funds by investment objective
identify socioeconomic influences that impact personal financial planning
Create a plan for making personal financial and career decisions
Explain how to obtain disability insurance and describe how it can protect you from loss
Determine your planned retirement income and develop a balanced budget based on your retirement income
Calculate your taxable income and taxes owed to the IRS
identify a plan for making personal financial and career decisions
Recall how to obtain disability insurance and describe how it can protect you from loss
Identify your planned retirement income and balanced budget features based on your retirement income
Upon completion of this course, the student will be able to develop personal financial goals and a personal budget, to prepare a federal income tax return, to compare types of financial institutions and their services, to assess types and sources of consumer credit, to identify steps in wise consumer purchasing, to assess types and costs of insurance cover, to explain various investment options, and to estimate retirement expenses
Calculate your taxable income and taxes owed to the IRS
Identify the advantages and disadvantages of three different types of payment methods and give examples
calculate taxable income and taxes owed to the IRS;
recall how to obtain disability insurance and describe how it can protect from loss
identify the advantages and disadvantages of three different types of payment methods and give examples
identify the components of the risk factors one must consider before investing
calculate the cost of securing a loan and describe how to go about applying for credit
recall the characteristics of mutual fund investments and classify mutual funds by investment objective
dentify planned retirement income and balanced budget features based on retirement income
recall the personal and legal aspects of estate planning