BUSI 45 - FUNDAMENTALS OF PERSONAL FINANCE

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    Class Size
    Not published
    Credits
    4
    Transfers To
    CSU
    Description
    Designed to help students understand the impact of financial decisions on their personal, professional, and community lives. More specifically, the course will discuss personal finance and quantitative reasoning concepts, frameworks, and techniques to plan, implement, and evaluate financial strategies and tactics. Topics will also include the time value of money, major consumer purchases (e.g., home, car, student loans, credit cards), retirement planning, investment options and their interrelationship with psychological, sociological, and economic factors. In addition, students will explore how financial technology (FinTech) and artificial intelligence (AI) technologies (e.g., financial planning, credit and management tools, fraud detection, I-powered budgeting tools, investment advisors, and fraud detection systems in personal finance) can be leveraged to enhance financial planning, optimize investments, and improve financial decision-making. The course culminates with the development of a comprehensive personal financial plan and simulate investment, retirement, tax, insurance, credit, and other financial decisions. The long-term objective is for students to develop a critically-reflective and adaptive capacity for life-long financial decision-making.