Course

Course Summary
Credit Type:
Course
ACE ID:
OOSL-0036
Organization's ID:
FIN101
Organization:
Location:
Online
Length:
14 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 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:

  • Identify socioeconomic influences that impact personal financial planning
  • Calculate your taxable income and taxes owed to the IRS
  • Recall how to obtain disability insurance and describe how it can protect you from loss
  • Identify the components of the risk factor one must consider before investing
  • Identify your planned retirement income and balanced budget features based on your retirement income
  • Recall the personal and legal aspects of estate planning
  • Identify a plan for making personal financial and career decisions
  • Identify the advantages and disadvantages of three different types of payment methods and give examples
  • 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

General Topics:

  • Planning to succeed
  • Money management
  • The certainty of taxes
  • Save as much as you can
  • Consumer credit
  • Buyer beware!
  • A place to call home
  • Protecting your home and auto investment
  • Insuring your health
  • Life insurance: you bet your life!
  • Investing basics
  • Stocks and bonds
  • Mutual funds and real estate
  • Retirement planning
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Lectures

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from StraighterLine

(OOSL-0009)
(OOSL-0010)
(OOSL-0063)
(OOSL-0109)