FINANCIAL PLANNING
Purpose
Financial Planning and Wealth Management has been written to provide students with knowledge and skills in both personal financial literacy and introductory business finance skills, including a foundational understanding of economic systems and concepts.
Course Description
This course will introduce students to the basic concepts of economics and financial literacy then build on those topics to provide a more in-depth study of wealth management and personal financial planning. Components of financial planning and strategies used in the accumulation and conservation of wealth will be the focus. Strategies for investing, tax, insurance, and retirement planning, as well as estate planning will be studied.
In addition, basics of business financial planning will also be discussed, including the purpose and use of financial statements in making business
decisions.
Standard 1.0 - Determine and discuss the value of professionalism and involvement in professional, academic, and leadership activities.
Standard 2.0 - Understand and explain the importance and necessity for financial understanding and planning
Standard 3.0 - Understand and explain economic principles that impact the stability of nations, businesses, and individuals.
Standard 4.0 - Understand, explain, and apply essential personal financial literacy concepts.
Standard 5.0 - Understand fundamental skills nad concepts for business and organizational financial planning.
Purpose
Financial Planning and Wealth Management has been written to provide students with knowledge and skills in both personal financial literacy and introductory business finance skills, including a foundational understanding of economic systems and concepts.
Course Description
This course will introduce students to the basic concepts of economics and financial literacy then build on those topics to provide a more in-depth study of wealth management and personal financial planning. Components of financial planning and strategies used in the accumulation and conservation of wealth will be the focus. Strategies for investing, tax, insurance, and retirement planning, as well as estate planning will be studied.
In addition, basics of business financial planning will also be discussed, including the purpose and use of financial statements in making business
decisions.
Standard 1.0 - Determine and discuss the value of professionalism and involvement in professional, academic, and leadership activities.
Standard 2.0 - Understand and explain the importance and necessity for financial understanding and planning
Standard 3.0 - Understand and explain economic principles that impact the stability of nations, businesses, and individuals.
Standard 4.0 - Understand, explain, and apply essential personal financial literacy concepts.
Standard 5.0 - Understand fundamental skills nad concepts for business and organizational financial planning.