ACCT 1700 Personal Financial Management
Course Information
| Course Number | ACCT 1700 |
|---|---|
| Course Title | Personal Financial Management |
| Description | The purpose of this course if to provide insight into personal, financial decision making. This includes budgeting, banking, use of credit and credit cards, renting vs.owning a home, retirement investing, investment opportunities, insurance, income taxes, wills, and effects of financial distress on one's life. In addition, we will compare income levels for various occupations. Students will examine real life situations. There will be some professional guest speakers who will share their expertise with the students. |
| Total Credits | 3 |
| Total Hours | 48 |
| Instruction Type | Credits and Hours |
|---|---|
| Lecture | 3 Credits, 48 Hours |
Pre/Corequisites
Prerequisite: No prerequisites are required.
Institutional Core Competencies
- Critical and Creative Thinking - Students will be able to demonstrate purposeful thinking with the goal of using a creative process for developing and building upon ideas and/or the goal of using a critical process for the analyzing and evaluating of ideas.
Course Competencies
- Determine realistic monetary goals based upon one's income.
- Create a personal budget.
- Develop banking relationships.
- Determine benefits of owning home.
- Manage personal investments.
- Develop retirement plan.
- Demonstrate need for insurance.
- Manage personal income taxes.
- Illustrate signs of financial distress.
- Understand the importance of post secondary education.
- Understand the importance of wills and estate planning.
SCC Accessibility Statement
South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.
North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.
Additional information and forms can be found at: southcentral.edu/disability
This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.