Personal Finance – BUSI 223

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020

Course Description

Budgets, borrowing funds, stock ownership, savings, real estate as investments, and related tax matters are among the topics covered.

Prerequisites

None

Rationale

Personal finance skills are useful throughout one’s life. Everyone is going to encounter financial choices such as: whether to buy, lease, or rent a car; how to file taxes; how much insurance to purchase; and how much to save for retirement. This course will help students to understand how to rationally think through these choices and make wise decisions.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

  1. Demonstrate financial planning skills.
  2. Compare various consumer buying habits.
  3. Calculate time, value of money, and interest.
  4. Integrate biblical principles within the field of money and finances.

Course Assignment

Textbook readings and lecture presentations/notes

Course Requirements Checklist

After reading the Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.

Discussion Board Forums (4)

Discussion boards are collaborative learning experiences. Therefore, the student will complete 4 Discussion Board Forums throughout this course. These Discussion Board questions will explore the Christian approach to various financial decisions a person must make. The student will be required to post 1 thread of at least 150 words and post 1 reply of at least 100 words. For each thread, the student must support his/her assertions with at least 1 citation from the Bible in current APA format.

Exercises (8)

In each module/week, the student will complete financial exercises related to the information covered. The student will complete a balance sheet, income statement, budget, and many other exercises that will teach practical personal finance.

Biblical Responses (4)

The student will be given a website to explore information pertaining to the financial topic or field covered in that particular module/week. By using a biblical perspective, the student will use the information gleaned from the website(s) to complete the specific requirements of each individual activity.

Branching Problems (4)

These exercises will allow students to go through a scenario with a persona that they can identify with. It will put the knowledge that they have acquired that module into practice with a real life situation.

Quizzes (8)

The student will have 30 minutes to complete 8 open-book/open-note quizzes, each consisting of 10 multiple-choice and true/false questions. Each quiz covers the information and financial problems presented in the module/week.