Bus M 418 Personal Finance
Class Description:
BM 418 Financial Planning: Applying financial principles to household decision making, stressing integration between areas. Income tax and estate planning, retirement, investments, portfolio management and risk management.
While not part of the investment banking curriculum, this class is important to add balance your growing knowledge of finance and your understanding and applying of financial principles in your life. This class provides a hands-on opportunity to understand and apply the key concepts and ideas of financial planning (and personal finance) as a precursor to getting your own financial house in order and to help you as you prepare to help others. We start with a principles-centered approach to this important topic. This adds a critical dimension to our understanding of personal financial management—it gives direction in certain key areas. We then discuss and evaluate the key areas in financial planning, including careers in the industry. We give you the opportunity to utilize this information by preparing your own Personal Financial Plan (PFP), as well as teaching others specific concepts of this important area.