Course Description
Financial Planning is designed to provide an introduction to basic financial planning concepts for young adults. Because financial planning is such a personal topic, you will be encouraged to define your own financial goals and objectives while we discuss concepts and provide tools which can be applied in helping you reach those goals.
The class introduces real-world scenarios where financial decisions must be made and financial planning concepts can be applied. You will be challenged to think critically about each scenario and decide how you might come to a resolution if ever faced with a similar situation. Finally, the course also includes material throughout which is focused on career opportunities in finance.
Topics include the following:
- Career Opportunities in Financial Planning
- Saving, Investing and Portfolio Theory
- Impact of Taxation on Investments
- Retirement Planning
- Legal Documents and Ethics
- Analysis and Communications
- Setting Financial Goals and Assessing Your Situation
- Budgeting and Cash Flow Management
- Borrowing and Credit
- Risk Management
Expectations
- I expect each one of you to act responsibly.
- Do not speak when I am speaking.
- Be respectful to your classmates as well as to me.
- You should be prepared to learn each day.
Goals
- Everyone should strive to make an A in this class.
- Be on time
- Have textbook (if available), pen/pencil, writing paper, calculator (if needed), ear buds, and notebook every day.
Evaluation/Grades
- Chapter/Unit Exams – 50%
- Daily Work – 20%
- Group Projects/Presentations – 15%
- Final Exam – 15%
Dr. Schmidt's Classes 