Personal Finance Summer Session I 2015 Finance 3715 University of Connecticut Overview Effective personal financial management is essential to meet lifetime financial goals. This course is designed to provide students with practical financial management skills that will enable students to identify their personal financial goals, and to plan and make financial decisions that will help them reach those goals. Topics include planning, budgeting, investing, effective use of cash and credit, taxes, insurance, housing and automobile purchases, and retirement planning. Since so many financial decisions involve looking at cash flows, basic financial math (time value of money) will be introduced and used. Instructor: Professor Katherine A. Pancak Email: [email protected] (for class, use HuskyCT email) Meeting: by appointment; online or Stamford Campus Room 3.94 Required Text: Focus on Personal Finance with Connect, 4th edition Kapoor, Dlabay, and Hughes, McGraw Hill Publishers, 2012, with online supplement called Connect; you can use either:  book with Connect code, available at UConn Stamford Co-op (ISBN 9780077753863)  semester ebook with Connect; available thru publisher at Orientation (ISBN 9780077506957)  your own or a rental copy of text; Connect available at Orientation (ISBN 9780077506933) Online Format: learn.uconn.edu The course is delivered in an online asynchronous format via HuskyCT. Students need to have regular reliable internet access, plus strong self-discipline and time management skills. For the summer session, we will cover 2-3 topics per week. For each topic, students are expected to:     read the assigned reading and review additional active learning resources complete personal financial plan worksheets (submitted and graded at end of semester) complete and submit a homework assignment (submitted and graded each week) participate in an online group discussion (submitted and graded each week) Quizzes: on-line, multiple choice Quizzes are open during the weeks listed. There are no make-ups, so please plan according. The lowest quiz will be dropped.  Quiz 1 – Week 1, June 1 - 7 (chapters 1, 2, and 3)  Quiz 2 – Week 2, June 8 - 14 (chapters 4, 5, and 6)  Quiz 3 – Week 3, June 15 - 21 (chapters 7, 8, and 9)  Quiz 4 – Week 4, June 22 – 28 (chapters 10, 11, and 12)  Quiz 5 – Week 5, June 29 – July 2 (chapters 13 and 14) Grade Determination: out of possible 100 points      Online Orientation Exercises = 3 points Homework Assignments = 28 points (14 assignments x 2 points each) Group Discussions = 14 points (14 discussions x 1 point each) Personal Financial Plan Portfolio = 11 points (due July 2) Quizzes = 44 points (best 4 out of 5 quizzes x 11 points each) Academic Integrity: www.community.uconn.edu Students must adhere to the UConn Student Code, Academic Integrity in Undergraduate Education. Quizzes and assignments must be completed individually and must not be shared. Schedule: topics run from Monday to Sunday DATES TOPIC READING on June 1 Online Orientation online Financial Planning Ch. 1 Money Management Ch. 2 Taxes Ch. 3 Savings Ch. 4 Consumer Credit Ch. 5 Autos and Other Consumer Purchases Ch. 6 Housing Ch. 7 Home and Auto Insurance Ch. 8 Health and Disability Insurance Ch. 9 Life Insurance Ch. 10 Investing Basics and Bonds Ch. 11 Stocks Ch. 12 Mutual Funds Ch. 13 Retirement and Estate Planning Ch. 14 Week 1: June 1 - 7 Week 2: June 8 - 14 Week 3: June 14 - 21 Week 4: June 22 - 28 Week 5: June 29 – July 2  Page 2 | FNCE 3715, Summer Session 1 2015