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BUS 120 Personal Money Management
Credit Hours:  3
Effective Term: Fall 2014
AGEC: None  
Credit Breakdown: 3 Lectures
Times for Credit: 1
Grading Option: A/F Only

Description: A study of consumer decision-making in a technological society where individuals have limited time and income, including planning and budgeting for food, shelter, transportation, healthcare, insurance, savings, investments, debts and taxes.

Prerequisites: RDG094

Corequisites: None

Recommendations: None

Measurable Student Learning Outcomes
1. (Knowledge Level) Recognize and define economic values and financial goals.
2. (Synthesis Level) Design and create a relevant personal budget.
3. (Synthesis Level) Develop and present a personal financial plan to achieve financial goals.
4. (Evaluation Level) Define and evaluate the tools of cash management.
5. (Evaluation Level) Compare and contrast installment and non-installment credit.
6. (Comprehension Level) Explain the importance of various taxes and how they affect one's personal financial future.
7. (Knowledge Level) Identify the key aspects of savings and checking accounts, electronic funds transfers, and daily expense accounts.
8. (Analysis Level) Prepare a balance sheet and an income statement, explain the information contained in them and analyze them to determine adherence to long-term financial goals.
9. (Comprehension Level) Describe how to open a credit account, how lenders evaluate applicants and explain the importance of maintaining a strong credit score.
Internal/External Standards Accreditation