MCS*2100 - Personal Financial Management
This introductory course is designed to help students develop and achieve their personal goals in financial management.
Note: This course can be taken individually or as a part of a certificate program.
By the end of the course, the learner should be able to:
- Assess personal financial situations, prepare relevant financial statements and set meaningful financial goals
- Manage consumer credit, use the financial system to tap into credit sources for housing and other major expenditures
- Avoid consumer credit traps and apply strategies for paying off debts as fast as possible
- Identify insurance needs and manage personal risks with the appropriate choice of insurance and other mechanisms;
- Describe how financial markets and financial securities work and make appropriate selections of savings vehicles, stocks, bonds, and mutual funds
- Create a plan to achieve a desirable post-retirement lifestyle
- Use estate planning to meet the needs of dependents and to insure the orderly transfer of assets
- Demonstrate the ability to apply basic calculations for personal financial and investment analysis
- Personal Financial Planning
- Income Tax Strategies
- Banking Services of Financial Institutions
- Consumer Credit
- Finances of Housing
- Estate Planning
Prerequisite(s): 5.00 credits
|Participation in Discussions||16%|
|Financial Planning Assignment||10%|
|Income Tax Assignments||4%|
Additional Technical Requirements
This course will use the following:
- Respondus tool to invigilate one or more exams.
Please view the Technical Considerations.
Applies Towards the Following Certificates
- Certificate in Business : Electives
You are responsible for ensuring that your computer system meets the necessary system requirements. Use the browser check tool to ensure your browser settings are compatible and up to date (results will be displayed in a new browser window).
*Course details are subject to change.