Course Description
This course is designed to provide students the nature and characteristics of personal financial planning, how to formulate personal financial goals and objectives, develop the skill of planning to own residential home and plan for retirement, learn about the personal budget and develop the skill of personal credit, the skill of investing personal savings, the tools of the small investor in the money market, and the development of skill Preparing feasibility studies for small projects.
Course Aims
By the end of this course, students should be able to:
- Familiarity with personal financial planning.
- Preparing the personal cash budget as a personal planning tool.
- Familiarity with personal credit by borrowing and calculating the true cost of the loan.
- Knowing how to invest savings and financial surpluses in the financial markets, whether shares, bonds, or securities
- Identifying the small investor's tools to stay in the financial market and make gains.
- Familiarity with the characteristics of small projects, their advantages, and disadvantages.
- Preparing the feasibility study.
- Studying the reasons for the failure of small projects.
- Planning for retirement.
Course Contents:
- What is personal financial planning
- Time value of money
- Cash budget as a personal financial planning tool
- Managing personal savings
- Managing your own insurance needs
- Planning for retirement
- Personal credit
- Small projects management
Course ID: FIN262
| Credit hours | Theory | Practical | Laboratory | Lecture | Studio | Contact hours | Pre-requisite | 4.50 | 4.50 | 4.5 | FIN101 |
|---|
