FIN 3275 - FUNDAMENTALS OF FINANCIALPLANNING

credits: 3.0
This course provides students with an understanding of the fundamentals of personal financial planning. Financial topics covered include the planning process, analysis techniques, and financial strategies. Students perform financial calculations and applying economic concepts throughout the course. Issues affecting the financial industry, professional conduct and regulation are also addressed. Objectives: A) Describe the personal financial planning process; B) Construct and evaluate financial statements; C) Utilize cash flow management strategies; D) Analyze basic financial strategies; E) Apply economic concepts and measures for financial planning recommendations; F) Perform time value of money calculations with a financial calculator; G) Analyze values, biases and behavioral finance; H) Apply principles of communication and counseling; I) Assess and analyze debt management strategies; J) Plan for education needs; K) List the CFP Board’s Code of Ethics and Professional Responsibility and Rules of Conduct; L) Describe the CFP Board’s Financial Planning Practice Standards; M) Identify the CFP Board’s Disciplinary Rules and Procedures; N) Recall the function, purpose, and regulation of financial institutions; O) Explain financial services regulations and requirements; P) Describe consumer protection laws; Q) Discuss the fiduciary standard. Method of Instruction: Lecture, Demonstration, and Collaboration. Method of Evaluation: Quizzes 20%; Mid-Term Exam 20%; Final Exam 20%; Case Presentations 20%; Class Attendance and Participation 20%. To gain points you must show up to class and participate in the discussion. Class attendance, and active participation are equally weighted.

Prerequisite(s): ACC 2010 - FINANCIAL ACCOUNTING (or) MGT 2240 - PRINCIPLES OF MANAGEMENT