Broad coverage of personal financial decisions including basic financial planning, managing savings, taxes, the use of credit, buying a house, making insurance and employee benefit decisions, managing investments, and saving for retirement. Offered Fall and Spring.
Course Rotation for Day Program:
Offered Fall and Spring.
Most current editions of the following:
Foundations in Personal Finance 12 Chapter College Edition
By Ramsey (Lampo Licensing LLC) Recommended
Personal Finance: Turning Money into Wealth
By Keown (Pearson) Recommended
Personal Finance: An Integrated Planning Approach
By Frasca (Pearson) Recommended
By Kapoor, Dlabay and Hughes (McGraw Hill Education) Recommended
Personal Financial Planning
By Gitman and Joehnk (Cengage Learning) Recommended
Course Learning Outcomes
Explain the components of a financial plan and the basics of the U.S. Income tax system.
Explain strategies for managing cash and credit.
Demonstrate an understanding of the basic types of life, health, and property insurance.
Demonstrate an understanding of the fundamentals of investing including tax-advantaged investments
Demonstrate an understanding of retirement and estate planning.
Major Topics/Skills to be Covered:
Organizing and managing financial resources
Managing insurance needs
Managing housing decision
Retirement and estate planning
Recommended maximum class size for this course: 25
NOTE: The intention of this master course syllabus is to provide an outline of the contents of this course, as specified by
the faculty of Columbia College, regardless of who teaches the course, when it is taught, or where it is taught. Faculty members teaching this
course for Columbia College are expected to facilitate learning pursuant to the course learning outcomes and cover the subjects listed in the Major Topics/Skills to be Covered section.
However, instructors are also encouraged to cover additional topics of interest so long as those topics are relevant to the course's
subject. The master syllabus is, therefore, prescriptive in nature but also allows for a diversity of individual approaches to course material.