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Catalog Course Search Details

 Course Title:   Money Management

 Title Abbreviation:   MONEY MANAGEMENT

 Department:    BMT

 Course #:    167

 Credits:    5

 Variable:     No

 IUs:    5

 CIP:    n/a

 EPC:    n/a

 REV:    2014


 Course Description  

Introduction to managing all phases of personal finances. Covers financial management skills that will help students make financial decisions now and in the future. Topics include banking services, taxes (payroll & federal), consumer credit, budgeting, saving, investing, stocks, insurance, and retirement planning. Learn how to avoid financial mistakes by understanding financial options & responsibilities. Develop personal financial statements & budgets for future use. Math concepts and skills will be applied in practical situations.

 Prerequisite  

None

Additional Course Details

Contact Hours (based on 11 week quarter)

Lecture: 55

Lab: 0

Other: 0

Systems: 0

Clinical: 0


Intent: Distribution Requirement(s) Status:  

Vocational Preparatory Required for ATA degree  

Equivalencies At Other Institutions

Other Institution Equivalencies Table
Institution Course # Remarks
N/A

Learning Outcomes

After completing this course, the student will be able to:

  1. Explain financial goals based on values and needs.
  2. Design a personal budget and financial recordkeeping system.
  3. Describe the advantages and disadvantages of lending and consumer credit.
  4. Demonstrate understanding of the financial planning process & the components of a comprehensive financial plan.
  5. Define risk and rates of return.
  6. Evaluate various insurance products.
  7. Prepare Federal income tax returns.
  8. Prepare a stock market portfolio and analyze outcomes.
  9. Operate a spreadsheet to solve financial problems.

General Education Learning Values & Outcomes

Revised August 2008 and affects outlines for 2008 year 1 and later.

2. Critical Thinking

Definition: The ability to think critically about the nature of knowledge within a discipline and about the ways in which that knowledge is constructed and validated and to be sensitive to the ways these processes often vary among disciplines.

Outcomes: Students will be able to . . .
2.1 Identify and express concepts, terms, and facts related to a specific discipline.

6. Individual Awareness & Responsibility

Definition: Understanding, managing, and taking responsibility for one’s learning and behavior in varied and changing environments.

Outcomes: Students will be able to . . .
6.3 Apply successful organizational strategies of planning, goal setting, prioritizing, resolving conflict, and managing time to specific goals and/or projects.

8. Mathematical Reasoning

Definition: Understanding and applying concepts of mathematics and logical reasoning in a variety of contexts, both academic and non-academic.

Outcomes: Students will be able to . . .
8.2 Correctly apply logical reasoning and mathematical principles to solve problems.
8.3 Interpret information and reasoning expressed mathematically (for example in spreadsheets, diagrams, charts, formulas, etc.).

10. Technology

Definition: Understanding the role of technology in society and using technology appropriately and effectively.

Outcomes: Students will be able to . . .
10.3 Use technology appropriate to the context and task to effectively retrieve and manage information, solve problems, and facilitate communication.

Course Contents

  1. Financial goals
  2. Budgets and record keeping
  3. Lending and consumer credit
  4. Financial plans and process
  5. Risk and rates of return
  6. Insurance products
  7. Federal income tax returns
  8. Stock market analysis
  9. Solving financial problems with spreadsheets