Description: This course is an introduction to the concepts and practice of financial planning. It provides an overview of the financial planning process and offers guidance for managing a client's risk while achieving goals through savings and investments. The student will gain an understanding of the role and responsibilities of a financial planner, along with some analytical skills to aid in financial decision-making. Topics in the course include the financial planning process, securities regulation and licensing, CFP Board ethics, the economic environment, the time value of money, planning for special situations such as a college education, and the formation and operation of a closely held business. The course also previews wealth accumulation as well as tax, retirement, and estate planning techniques. Letter grade only.
Sections offered: Fall 2021
Prerequisite: ((MAT 108, MAT 114, STA 270 or Math Placement Test Results (MTHPLACE 40+; ALEKS 40+; PLACE 46+)); ACC 255; and Junior status. Prerequisites must have grades of C or better.