| Course ID: | FHCE 3250. 3 hours. |
| Course Title: | Survey of Financial Planning |
Course
Description: | Overview of the financial planning process for individuals and
families. Topics include external planning consideration,
financial planning statements, cash flow management, time value
of money, and planning with respect to education, insurance,
investments, tax, retirement, and estate transfers. Through
classroom lecture, examination, and assignments the students will
gain an understanding of how the financial planning process can
benefit families and individuals. |
| Oasis Title: | Survey of Financial Planning |
| Duplicate Credit: | Not open to students with credit in FHCE 3250E |
Semester Course
Offered: | Not offered on a regular basis. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | · Understand the importance of financial planning for
individuals and families in goal attainment
· Demonstrate the ability to provide clients with an evaluation
of their current financial situation with regard to their goals
and objectives
· Utilize and demonstrate proficiency in using time value of
money concepts in planning
· Identify strengths and weaknesses in a client’s initial
situation and determine opportunities for problem solving
· Implement goal funding, including determination of realistic
targets, and the use of specialized techniques available for
education, retirement, and other goals
· Understand basic investment topics (including investment
types, risk and return, diversification, passive versus active
management) and specific investment strategies necessary to allow
clients a mechanism to achieve realistic goals
· Be able to match goals, risk tolerance, and other client
characteristics to the portfolio allocation decision
· Know how to incorporate risk management techniques, including
protecting assets, standard of living and wealth
· Understand the evolution and regulation of the financial
services industry and that of the financial planning profession |
| Topical Outline: | Financial planning process
Tools and techniques of spreadsheet analysis in financial
planning
External and internal environment
Personal financial statements
Time value of money
Education funding
Insurance and risk analysis
Social Security benefits
Investment planning
Personal income tax planning |