Southern State Community College
Curriculum Committee – April 2012
BADM 2213 – Personal Finance
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I.
COURSE TITLE: Personal Finance
COURSE NUMBER: 2213
II.
PREREQUISITES: None
III.
CREDIT HOURS: 3
OBSERVATION HOURS: 0
IV.
COURSE DESCRIPTION:
CATALOG PREFIX: BADM
LECTURE HOURS: 3
LABORATORY HOURS: 0
This course will focus on family and personal budgeting, building a good credit history
and the use of credit. Students will be exposed to the use of insurance, checking and
saving accounts, stocks, bonds, mutual funds, credit cards, mortgages, taxes and federal,
state and local tax structure. Students will learn about buying (leasing) a new or used
motor vehicle, renting or buying a home and how to develop a career search strategy.
This course will prepare the student for his or her role as a citizen, a consumer and a
productive member of society.
V.
ADOPTED TEXT(S):
Focus on Personal Finance.
5th edition
Kappor
McGraw-Hill-Irwin.
ISBN 9780077861742
VI.
COURSE OBJECTIVES:
At the completion of this course the student will be able to:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
Understand financial planning and budgeting.
Understand checking, online internet use and the importance of paying
bills on time.
Comprehend how taxes relate to income.
Discuss the different financial institutions and how they work.
Understand the value of today’s money as it relates to its future value.
Understand the decision making process of purchasing or renting a house.
Comprehend the use of insurance (auto, home, life, medical, disability).
Understand the importance of preparing for retirement.
Understand how to establish and use good credit.
Comprehend their place in society as a financially responsible citizen.
Understand stocks, bonds and mutual funds.
BADM 2213 – Personal Finance
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12.
13.
VII.
Understand buying/leasing a motor vehicle.
Comprehend how their financial decisions can affect their career search/choice.
COURSE METHODOLOGY:
Classes will consist of lectures, class discussions, small group projects, videos, outside
assignments and supplemental materials. Interactive class discussion is encouraged and
staying current on reading assignments necessary to be able to actively participate in
class discussions.
VIII. GRADING:
The grading scale:
A = 90 – 100
B = 80 – 89
C = 70 – 79
D = 60 – 69
F = 0 – 59
IV.
COURSE OUTLINE:
Week 1
Personal Financial Planning in Action
Week 2
Money Management Skills
Week 3
Taxes in Your Financial Plan
Week 4
Savings and Payment Services
Week 5
Consumer Credit: Advantages, Disadvantages, Sources, and Costs
Week 6
Consumer Purchasing Strategies and wise Buying of
Motor Vehicles
Week 7
Selecting and Financing Housing
Week 8
Home and Automobile Insurance
MIDTERM
Week 9
Health and Disability Income Insurance
Week 10
Financial Planning with Life Insurance
Week 11
Investing Basics and Evaluating Bonds
Week 12
Investing in Stocks
BADM 2213 – Personal Finance
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X.
Week 13
Investing in Mutual Funds
Week 14
Retirement and Estate Planning
Week 15
Appendix A: Developing a Career Search Strategy
Week 16
FINAL
OTHER REQUIRED MATERIALS, SOFTWARE OR TEXTS:
Research of articles as assigned by instructor.
XI.
EVALUATION:
Depending on requirements of the instructor evaluation will be based on midterm exam,
final exam, research, term paper, group projects, attendance, and class participation.
XII.
MANAGEMENT REQUIREMENTS:
Student responsibilities: Meet the objectives of the course, complete assignments,
participate in class discussions and display sincere adult behavior.
Instructor responsibilities: Expand and explain the subject material, facilitate class
discussion and be available for student conferences.
XIII. OTHER INFORMATION:
FERPA: Students need to understand that your work may be seen by others. Others may
see your work when being distributed, during group project work, or if it is chosen for
demonstration purposes. Students also need to know that there is a strong possibility that
your work may be submitted to other entities for the purpose of plagiarism checks.
DISABILITIES: Students with disabilities may contact the Disabilities Service Office,
Central Campus, at 800-628-7722 or 937-393-3431.