ACCT 1000 - Personal Finance

Academic Division: Business, Industry and Technology
Academic Discipline: Accounting

Course Coordinator: Donna Kittle
Assistant Dean: Brooke Miller, M.B.A.

3 Credit(s)
This course is an overview of personal and family financial planning with an emphasis on financial record keeping, planning your spending, tax planning, consumer credit, making purchase/lease decisions, purchasing insurance, selecting investments, and retirement and estate planning. UG

3 Lecture Hour(s);

College Wide Outcomes

College-Wide Learning Outcomes	Assessments - - How it is met & When it is met
Communication – Written
Communication – Speech
Intercultural Knowledge and Competence
Critical Thinking
Information Literacy
Quantitative Literacy

Student Learning Outcomes for Course

Outcomes	Assessments – How it is met & When it is met
1. Prepare a basic budget.	Homework/cases – weeks 2-3 Exam – week 5 Final project – week 16
2. Analyze the importance of tax planning on personal finance and examine basic tax terminology.	Homework/cases – weeks 3-4 Exam – week 5 Final project – week 16
3. Compare and contrast different payment and savings sources, and evaluate which product is best in different circumstances.	Homework/cases – weeks 3-4 Exam – week 5 Final project – week 16
4. Compare and contrast different types of consumer credit, and calculate the cost of credit.	Homework/cases – weeks 6-8 Exam – week 8 Final project – week 16
5. Compare and contrast buying vs. renting housing and calculate various costs associated with each.	Homework/cases – weeks 6-8 Exam – week 8 Final project – week 16
6. Analyze home, auto, life, health and disability insurances and their importance to financial planning.	Homework/cases – weeks 10-12 Exam – week 12 Final project – week 16
7. Analyze the basics of different investment alternatives, including stocks, bonds, and mutual funds, and the importance of all on personal finance decisions.	Homework/cases – weeks 12, 13-14 Exam – week 12, 16 Final project – week 16
8. Analyze the importance of retirement and estate planning on personal finance.	Homework/cases – weeks 15-16 Exam – week 16 Final project – week 16

Topics:

Planning Your Personal Finances- weeks 1-3
Managing Your Personal Finances – weeks 3-5
Making Your Purchasing Decisions – weeks 6-9
Insuring Your Resources – weeks 9-12
Investing Your Financial Resources – weeks 12-14
Controlling Your Financial Future – weeks 15-16

Assignments:

Homework/cases
Exam preparation
Final research project

Standard Grading Scale
93-100 A

90 - 92 A-

87- 89 B+

83 - 86 B

80 -82 B-

77- 79 C+

73 - 76 C

70 -72 C-

67- 69 D+

63 - 66 D

60 -62 D-

00- 59 F

Statement on Diversity
North Central State College believes that every student is a valued and equal member of the community.* Every student brings different experiences to the College, and all are important in enriching academic life and developing greater understanding and appreciation of one another. Therefore, NC State College creates an inclusive culture in which students feel comfortable sharing their experiences. Discrimination and prejudice have no place on the campus, and the College takes any complaint in this regard seriously. Students encountering aspects of the instruction that result in barriers to their sense of being included and respected should contact the instructor, assistant dean, or dean without fear of reprisal.

*Inclusive of race, color, religion, gender, gender identity or expression, national origin (ancestry), military status (past, present or future), disability, age (40 years or older), status as a parent during pregnancy and immediately after the birth of a child, status as a parent of a young child, status as a foster parent, genetic information, or sexual orientation,

Standard NCSC Course Policies
Important information regarding College Procedures and Policies can be found on the syllabus supplement located at this link.