| 4/16/2024 11:20:26 AM |
| Changed Course |
| CATALOG INFORMATION
|
| Discipline and Nbr:
BAD 67 | Title:
FINANCIAL PLANNING |
|
| Full Title:
Financial Planning & Investment |
| Last Reviewed:1/24/2011 |
| Units | Course Hours per Week | | Nbr of Weeks | Course Hours Total |
| Maximum | 3.00 | Lecture Scheduled | 3.00 | 17.5 max. | Lecture Scheduled | 52.50 |
| Minimum | 3.00 | Lab Scheduled | 0 | 6 min. | Lab Scheduled | 0 |
| | Contact DHR | 0 | | Contact DHR | 0 |
| | Contact Total | 3.00 | | Contact Total | 52.50 |
| |
| | Non-contact DHR | 0 | | Non-contact DHR Total | 0 |
| | Total Out of Class Hours: 105.00 | Total Student Learning Hours: 157.50 | |
Title 5 Category:
AA Degree Applicable
Grading:
Grade or P/NP
Repeatability:
00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As:
Formerly:
Catalog Description:
Untitled document
Personal and business investment alternatives and means of financing them. Methods of planning and management of personal finances given projected levels of income and expenditure. Influence of economic conditions and tax rates on investment alternatives.
Prerequisites/Corequisites:
Recommended Preparation:
Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Schedule of Classes Information
Description:
Untitled document
Personal and business investment alternatives and means of financing them. Methods of planning and management of personal finances given projected levels of income and expenditure. Influence of economic conditions and tax rates on investment alternatives.
(Grade or P/NP)
Prerequisites:
Recommended:Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP
ARTICULATION, MAJOR, and CERTIFICATION INFORMATION
| Associate Degree: | Effective: | | Inactive: | |
| Area: | | |
| |
| CSU GE: | Transfer Area | | Effective: | Inactive: |
| |
| IGETC: | Transfer Area | | Effective: | Inactive: |
| |
| CSU Transfer: | Transferable | Effective: | Fall 1981 | Inactive: | Fall 2017 |
| |
| UC Transfer: | | Effective: | | Inactive: | |
| |
| C-ID: |
Certificate/Major Applicable:
Certificate Applicable Course
COURSE CONTENT
Outcomes and Objectives:
At the conclusion of this course, the student should be able to:
Untitled document
Upon successful completion of the course, students will be able to:
1. Evaluate an individual financial plan to assess its ability to function as a means of capital accumulation balanced with income generation.
2. Compare and contrast the advantages, disadvantages and analyze the tax implications of various investment and planning tools and techniques.
3. Determine where and how to purchase a given financial tool, calculate any fees or acquisition costs associated with a particular tool, prioritize the decisions that must be made once a specific type of investment vehicle has been chosen to judge the best of its type.
4. Show relationship of Federal Reserve interest rates and Dow Jones Averages on various investment vehicles.
5. Summarize retirement and child education needs and break down into an estimated monthly budget that incorporates asset allocation to maximize growth and provides an appropriate measure of capital protection.
6. Assemble required information to calculate current year's estimated taxes.
7. Compare and contrast traditional and online investment options; inspect internet resources and evaluate information available online.
8. Survey local real estate market; examine how to buy, sell and finance personal residence and income property. Determine required income level; inspect mortgage options, including tax implications of title holding.
9. Critique life, health and disability insurance as an instrument of investment.
10. Compare and contrast wills, trusts, probate options.
11. Show relationship of titling assets and estate tax effects.
Topics and Scope
Untitled document
A. Principles of financial planning and personal portfolio management
1. overview of financial planning and process
2. self-assessment of financial planning and expectations
B. Lending, Bonds & Interest Rates
1. asset allocation
2. certificates of deposit
3. corporate bonds
4. mortgage-backed securities
5. municipal bonds
6. mutual funds
7. general concepts of tax shelters
8. US government securities
9. zero-coupon bonds
C. Stock market
1. commodities
2. common stocks
3. convertible securities
4. put and call stock options
5. world wide investing
D. Tax Free and Tax Deferred Investing
1. fixed annuities
2. variable annuities
E. Planning for Retirement
1. rate of return computations
2. gold and other precious metals
3. overall retirement plan evaluation
a. 401(k)
b. 403(b)
c. pension plans
4. real estate as a retirement tool
5. Simplified Employee Pension (SEP)
a. Uniform Transfer to Minors Act Accounts (UTMA)
b. Uniform Gift to Minors Act Account (UGMA)
c. direct ownership
F. Saving for Education
1. calculating college education needs
2. 529 plans vs. UTMA
G. Tips on Tax Planning
1. evaluate life insurance products
2. traditional Individual Retirement Accounts (IRA)
3. Roth IRA
H. Internet Investment Options
I. Real Estate
1. Personal Residence
2. Investment Property
J. Life, health and disability insurance
K. Estate planning
1. wills
2. trusts
Assignments:
Untitled document
1. Reading in text of 16-50 pages weekly
2. Written case studies
3. 2 to 3 midterm exams and a final exam
4. In-class written assignments
5. Participation in classroom activities
6. Term paper: financial plan
Methods of Evaluation/Basis of Grade.
| Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing. | Writing
30 - 65% |
| Term paper, written assignments | |
| Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills. | Problem Solving
10 - 30% |
| Written case studies | |
| Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams. | Skill Demonstrations
0 - 0% |
| None | |
| Exams: All forms of formal testing, other than skill performance exams. | Exams
10 - 35% |
| Midterms and final exam: Multiple choice, True/false | |
| Other: Includes any assessment tools that do not logically fit into the above categories. | Other Category
5 - 10% |
| Participation | |
Representative Textbooks and Materials:
Untitled document
The Tools and Techniques of Financial Planning, Leimberg, Satinsky, LeClair and Doyle, Jr. 9th Edition. Published by NuLaw Services. 2009.
Print PDF
