MACC Catalog #ACC110
CIP # 52.0302
DATE: January 2016
Moberly Area Community College
Common Syllabus
ACC 110 Personal Finance
Current Term
Instructor:
Office number:
Office hours:
Contact information:
Classroom number:
Class days and time:
Catalog Description:
This is a course in the management of personal finances. It will provide students with
opportunities to develop skills for solving “real world” problems. The course will identify the
components and sources of income, money management, spending and credit, savings and
investment.
Prerequisite/Co-requisite: none.
Text(s):
Focus on Personal Finance. By Kapoor, Dlabay, Hughes. 5th Ed. McGraw-Hill
ISBN 978-0-07-803478-7
Other Required Materials:
Purpose of Course:
The course is designed to provide the financial information you will need to make wise financial
decisions for both the short term and long term. The goal is to help you solve your immediate
financial problems and to help you make decisions that can lead to long-term financial security.
Course Objectives:
1. To identify sources of income and how our choices affect our income and our ability
to achieve our goals.
2. To develop money management skills, looking at the consequences of our financial
decisions.
3. To understand the advantages and disadvantages of different savings and payment
methods.
4. To evaluate the types of credit, the costs of credit and the correct way to use credit to
avoid any credit problems.
5. To be able to analyze consumer spending strategies, comparing different methods of
spending
6. To explain the basic principles of taxes.
7. To help consumers in determining good purchasing strategies for major purchases
such as cars and homes.
8. To understand the role of automobile insurance, health insurance and life insurance in
helping protect against financial loss.
9. To understand the basics of investing in stocks, bonds and mutual funds.
10. To understand the benefits of retirement and estate planning.
Course Content:
I.
Financial planning and money management
II.
Income tax
III.
Savings and payment plans
IV.
Credit
V.
Automobile and home purchases
VI.
Types of insurance
VII. Basic investing in stocks, bonds, and mutual funds
VIII. Retirement and estate planning
Assessment of Student Learning:
The final grade will be determined by a composite evaluation of the student’s performance on
the exams given in class and homework assignments.
Exam 1 chapters 1-4
Exam 2 chapters 5-9
Exam 3 chapters 10-14
Homework and Discussions
100 pts.
100 pts
100 pts
appx. 300 pts
Description of Major Assignment(s)/Project(s):
Statement to Connect Course with General Education Outcomes or Technical Program
Outcome Statement:
In compliance with MACC’s General Education outcomes, the student who successfully
completes this course will be able to:
I.
II.
III.
IV.
Demonstrate an understanding of money management skills.
Develop a basic understanding of savings plans, payment accounts and the
advantages and disadvantages of credit.
Use the course information in helping to make wise purchases of cars, homes and
insurance.
Be able to make wise investment decisions and plans for retirement.
INSTRUCTOR POLICIES:
Attendance:
Any student who misses two consecutive weeks of class during a regular sixteen-week
semester or the equivalent proportion of class time during a shorter session will be dropped
from the class by the instructor unless acceptable justification is supplied. Additionally,
any student who misses more than one-fourth of the entire number of in-seat class meetings
in a regular 16-week semester or the equivalent proportion of class time during a shorter
session, may be dropped from that class by the instructor if, in the opinion of the instructor,
the student does not have reasonable opportunity to succeed in the class.
Student attendance must be defined in a different manner for online, hybrid, and virtual
courses. Student attendance in these courses is defined as active participation in the course.
Online, hybrid, and virtual courses will, at a minimum, have weekly mechanisms for
student participation, such as any or all of the following methods:
o
o
o
o
Completion of quizzes or exams
Submission of assignments
Participation in threaded discussions
Communication with the instructor
A student who does not participate in an online, hybrid, or virtual course for two
consecutive weeks will be dropped by the instructor unless acceptable justification is
supplied.
Make-up and late work:
Make-up exams will be granted only if (1) the absence is deemed necessary, in my
judgment and prearranged; or (2) a bonafide emergency exists. Students may take a
make-up exam with a 10% penalty.
Miscellaneous:
It is the responsibility of the student to read text assignments before scheduled classes.
The student is expected to be prepared to discuss each class assignment. The student is
responsible for ensuring all work is completed. All work must be completed by the end
of regularly scheduled classes.
COLLEGE POLICIES:
Academic Dishonesty:
Moberly Area Community College will not tolerate academic dishonesty. The term
‘academic dishonesty’ includes violations of copyright law, plagiarism, and cheating.
U.S. copyright law states that an author owns his or her words the minute they are “fixed
in any tangible medium of expression, now known or later developed, from which they
can be perceived, reproduced, or otherwise communicated, either directly or with the aid
of a machine or device” (U.S. Code: Title 17, Section 101). Students should be careful
to honor copyright law especially when they are using electronic mediums of
communication. Students should not electronically or otherwise publish--without the
permission of the copyright owner—any material that they did not write themselves.
Plagiarism is the false assumption of authorship. All student use of quoted material,
paraphrased material, speeches, music, creative writing, projects, drawings, and/or
artwork must be accompanied by proper credit (for papers, a citation in the text and in a
bibliography citation).
Students are still responsible for their own work and must be wary of depending too
heavily on editing work done by others. Also, obtaining a paper from a ‘paper mill’ or
other source is an intentional violation of MACC's academic dishonesty policy.
Cheating is an act of deceit and fraud; it is also an act of misrepresentation. Students
should carefully represent their sources in their full context. “Fair representation of
sources” means that students represent the intended meaning of the originator of the
work.
Accusation of academic dishonesty puts the burden of proof on the student—not the
instructor. Whether intentional or unintentional, all instances of academic dishonesty
could have one of the following consequences (this list is not exclusive): reduction of
paper/test/project grade; failure of paper/test/project with a rewrite or re-creation; failure
of paper/test/project without a rewrite or re-creation; reduction of course grade; failed
course grade; expulsion from the course; or expulsion from MACC.
Moberly Area Community College’s emphasis on academic responsibility ensures
academic freedom, critical intellectual inquiry, and accurate assessment of student
knowledge while providing a basis for a lifelong practice of integrity. (Catalog)
Academic Dishonesty Appeal Procedure:
(See Student Handbook)
ADA Statement:
Students who have disabilities that qualify under the Americans with Disabilities Act
may register for assistance through the Office of Access and ADA Services. Students are
invited to contact the Access Office to confidentially discuss disability information,
academic accommodations, appropriate documentation and procedures. For more
information, please call either the Moberly office at (660) 263-4100 ext. 11240 or the
Columbia office at (573) 234-1067 ext. 12120, or visit our web page at
http://www.macc.edu/index.php/services/access-office.
Assessment Data:
Throughout each term, instructors will be evaluating students’ work in a variety of ways.
Evaluation data will be collected and analyzed; as analysis dictates, during a term or in
the next term, class syllabi and course delivery may be revised in order to improve
students’ opportunity for academic success. (Student Handbook)
Civil Rights, Non-Discrimination:
(See Policy Handbook, M.060.3)
Drop Policy:
(See Policy Handbook, M.095)
Drug/Alcohol Policy:
(See Policy Handbook, M.100)
Grade Appeal Procedure:
(See Student Handbook)
Parental Responsibility for Children:
Students who are parents have the responsibility to arrange for suitable care of their
children while they attend class. Students should not bring children to class: nor should
children be left unattended anywhere on campus. Procedures to protect the safety and
welfare of unattended children will be handled by the College. (Student Handbook)
Pets in Class:
Pets are not allowed except as required for individuals with a medical disability. (Student
Handbook)
Students’ Classroom Information:
Information that students divulge in course assignments and discussions, as well as in
private meetings with instructors, MAY be reported to the proper authorities if, in the
instructor’s professional judgment, it suggests harm to the student or to someone else.
(Student Handbook)
Student Code of Conduct:
(See Student Handbook)
Student Due Process and Grievance Procedure:
(See Student Handbook)
Students Rights and Privacy Act:
(See Student Handbook)

Title IX Statement:
MACC maintains a strict policy prohibiting sexual misconduct in any form, including
sexual harassment, sexual discrimination, and sexual violence. All MACC employees,
including faculty members, are considered mandated reporters of sexual misconduct and
as such are expected to contact the Title IX Coordinator when they become aware, in
conversation or in writing, of an incident of sexual misconduct. For more information on
this policy or to learn about support resources, please see http://www.macc.edu/sexualmisconduct-policy or contact Dr. Jackie Fischer, MACC’s Title IX Coordinator, at 660263-4110, ext. 11236 or jackief@macc.edu.

Use of Computing Resources:
(See Student Handbook)