Syllabus- B 201
Course Description
Students will learn the basics of Personal Finance and be more equipped to make the major financial decisions of life.
Textbooks and Required Materials
- Guide to Personal Finance ISBN# 978-1933569093 By Morris
- Guide to Money & Investing; Virginia Morris, Kenneth Morris; Lightbulb Press; ISBN-10: 0976474999; ISBN-13: 978-0982907573
- Investing for Retirement; Virginia Morris, Kenneth Morris; Lightbulb Press; ISBN-13: 978-0982907535
- Planning Retirement Income; Virginia Morris, Kenneth Morris; Lightbulb Press; ISBN-13: 978-0982907559
- Managing Retirement Income; Virginia Morris, Kenneth Morris; Lightbulb Press; ISBN-13: 978-0982907542
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Highly Reccomended
To participate fully in this course and complete all the
Expectations
Students will participate in an online simulation, complete projects, prepare assignments and participate during group discussions.
Successful Students Will
- Demonstrate financial management skills
- Analyze basic investing options
- Formulate strategies for understanding and avoiding debt and credit
- Calculate tax obligations
- Describe the home purchasing and mortgage process
- Create plans for financial stability
Time Commitment
Students will spend 9 hours each week preparing, teaching each other and pondering/proving competence.
Topics
- Introduction to Stocks
- Provident Living, Managing Money, Setting Budgets and Tracking Expenses
- Analyzing Financial Statements
- Taxes
- Time Value of Money
- Credit
- Loans and Mortgages Selecting and Closing on a Home
- 401k’s
- IRA’s
- Mutual Funds and Bonds
- Life Insurance, Wills and Estate Planning
Grading
| Exam #1 | 100 Points |
| Exam #2 | 100 Points |
| Exam #3 | 100 Points |
| Final Exam | 100 Points |
| Quizzes (will have 18. Drop the lowest 2 – No |
200 Points |
| You will generally have 20 minutes to complete a quiz. | |
| Projects/Assignments (270 Points): | |
|---|---|
| Request Annual Reports Assignment, (L03 & L12) | 25 Points |
| Provident Living Assignment | 30 Points |
| Net Worth Statement Assignment | 10 Points |
| Financial Statements Assignment | 25 Points |
| Tax Return Project | 30 Points |
| Credit Scores Paper | 25 Points |
| Buying a Home Assignment | 30 Points |
| Time Value of Money Calculations Assignment | 25 Points |
| Retirement Project—Financial Goals | 10 Points |
| Retirement Project—Draft Will | 10 Points |
| Retirement Project—Letter of Last Instruction | 10 Points |
| Group Stock Market Game Report | 40 Points |
| Discussions (6 Points Each): | 24 Points |
| Lessons Learned L02-L13 (3 Points Each): | 36 Points |
| Group Reflections L04-L13, (3 Points Each): | 30 Points |
| Budget & Expense Ledgers, (67 Points): | |
| First Monthly Budget Assignment | 10 Points |
| 1st Budget vs. Actual Assignment | 10 Points |
| 2nd Monthly Budget Assignment | 10 Points |
| 2nd Budget vs. Actual Assignment | 10 Points |
| Expense Ledger’s L05-L13 (3 Points Each) | 27 Points |
| Total Course Points: | 1027 Points |
Grading Scale
| 100—93.00% = A | 82.99—80.00% = B- | 69.99—67.00% = D+ |
| 92.99—90.00% = A- | 79.99—77.00% = C+ | 66.99—63.00% = D |
| 89.99—87.00% = B+ | 76.99—73.00% = C | 62.99—60.00% = D- |
| 86.99—83.00% = B | 72.99—70.00% = C- | Below 60% = F |
Late Work
No information about
Additional Comments
Academic honesty is required; please refer to the BYUI Student Honor Policy. http://www.byui.edu/student-honor-office.
Accommodations
Brigham-Young University-Idaho is committed to providing a working and learning atmosphere which reasonably accommodates qualified persons with disabilities; please refer to the BYUI Students with Disabilities Policy. http://www.byui.edu/disabilities/.