Download BA218 - Rogue Community College

RCC CONTACT FOR THIS COURSE:
Dr. Randy Wade, Business Technology Instructor & Department Head
[email protected].
541-956-7076
COLLEGE NOW WEBSITE: http://www.roguecc.edu/COLLEGENOW
Your resource for current information, including processes and forms
COURSE INFORMATION & REQUIREMENTS
RCC Course Title:
Course No.
Personal Finance
BA218
Credits:
3
Requirements for Articulating This Class
HIGH SCHOOL INSTRUCTOR EDUCATION BACKGROUND:
 Master's degree in business or a related field or an MAT with credits in upper division or graduate
business courses (or business education endorsement).
COLLEGE NOW Course Completion Requirements
Students must have:
 1Received grade A-F, W, I, P, Z and NP
 Completed COLLEGE NOW registration process
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Based on current state and college regulations and policy, all students in COLLEGE NOW or other dual
enrollment classes are graded on the same standards and under the same guidelines as any regular college student.
That means that COLLEGE NOW students can earn A - F, W, I, P, Z and NP grades that will show on the official
college transcript.
COLLEGE NOW CONTACT INFORMATION:
Daniella Bivens
Rogue Community College
Table Rock Campus
7800 Pacific Avenue
White City, OR 97503-1060
[email protected]
541-245-7806
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RCC Course Title: BA218 Personal Finance
COURSE OUTLINE
Course No: BA218
Credits:
3
Date: December 2010
Course Title:
Personal Finance
Institution:
Rogue Community College
Type of Course:
Transfer
Length of Course:
A minimum of thirty (30) hours per one term.
Prerequisites:
RD30 and WR30.
Department Assignment:
Business Technology
Course Description: This is an introductory course designed to acquaint the student with principles,
terminology, and concepts of personal financial management. Students will be introduced to such topics
as consumer protection, budgeting, wise spending habits, purchasing/leasing cars, renting versus home
ownership, wise use of credit, shopping for home, health, and life insurance, investing, estate planning,
and other issues affecting personal financial decision making.
Course Outcomes, ILO (Institutional Learning Outcomes) Indicators and Assessment: On
successful completion of this course, students will be able to:
Expected Outcomes:
1. Define the key terms
used in the field of personal
financial planning.
ILO Key Indicators:
AK 1: Demonstrates ability
to transfer learning in
familiar and unfamiliar
contexts in order to
complete tasks.
Assessment Methods:
1. Homework exercises,
discussion, quizzes, and
examination, and participation in
course discussions.
2. List and explain the
major employment and
credit legislation covered in
the course.
AK 1: Demonstrates ability
to transfer learning in
familiar and unfamiliar
contexts in order to
complete tasks.
2. Homework exercises,
discussion, quizzes, and
examination, and participation in
course discussions.
3. Discuss the pros and
cons of development good
credit practices and using
credit wisely.
AK 2: Integrates previous
and new learning, along
with practical skills, to solve
problems.
3. Homework exercises,
discussion, quizzes, and
examination, and participation in
course discussions.
4. Distinguish among the
various types of life, health,
and property insurance
CT 2: Raises significant and
relevant questions.
4. Analyze a renter's or
homeowner's policy, life
insurance policy, and automobile
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RCC Course Title: BA218 Personal Finance
Expected Outcomes:
plans and relate this
information to your own
personal needs.
ILO Key Indicators:
Assessment Methods:
policy to determine exactly what
is and what is not covered.
Differentiate among features
such as co-payments,
deductibles, and exclusions.
5. Interview an individual who
is retired to determine their
social and economic needs.
Evaluate the role of social
security in their total financial
planning. Determine what
investment advice they would
give based on their past and
present experiences. Post the
results on the discussion board.
5. Analyze the advantages
and disadvantages of
various investment options
in light of personal needs,
resources, and retirement
goals.
CT 1: Recognize own and
others’ emotions,
assumptions, biases, and
cultural contexts.
6. Identify two major
methods of computing
interest and use each
method to compute the cost
of loans.
AK 4: Uses numeracy skills
for interpretation, synthesis,
and analysis of data.
6. Given the principal, interest
rates, and length of loan,
compare the cost of a loan using
both the simple interest method
and the Rule of 78s.
7. Differentiate among
various types of stocks,
bonds, and mutual funds.
AK 1: Demonstrates ability
to transfer learning in
familiar and unfamiliar
contexts in order to
complete tasks.
7. Homework exercises,
discussion, quizzes, and
examination, and participation in
course discussions.
8. Compare various estate
AL 4: Pursue goals by
planning options and choose creating strategies over
one to meet your personal
time.
needs.
9. Compare and contrast
renting versus home
ownership.
10. Explore a personal
finance topic of interest in
depth and determine how it
applies in your life.
8. Homework exercises,
discussion, quizzes, and
examination, and participation in
course discussions which
supports why a specific type of
estate option (of the student’s
choice) would best fit his/her
current personal needs.
9. Homework exercises,
discussion, quizzes, and
examination, and participation in
course discussions.
10. Research a magazine or
AL 5: Use technological
Internet article related to
tools to research new
information, solve problems, personal finance and prepares a
written report that summarizes
and communicate
the article, tells how it relates to
effectively.
the material in the class, and
shows how the student can
personally use the information.
COM 2: Expresses ideas
clearly in oral, written and
visual work.
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RCC Course Title: BA218 Personal Finance
Typical Recommended and Required Text(s): PFIN by Gitman, Joehnk, and Billingsley (4LTR
Press), 2011.
TYPICAL COURSE OUTLINE:
Understanding the Financial Planning Process
Developing Financial Statements and Plans
Managing Your Cash and Savings
Making Automobile Decisions
Making Housing Decisions
 Types of Housing
 Financing
 Housing Costs and Regulations
 Renting vs. Ownership
 Selling Your Home
Financial Institutions
Financial Planning
 Using Credit
 Using Consumer Loans
 Insuring Your Life
 Insuring Your Health
 Protecting Your Property
Investment Planning
 Stocks
 Bonds
 Mutual Funds
 Real Estate
Planning for Retirement
Estate Planning
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