Genesee Community College

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Genesee Course Catalog

Official Course Information

Fall 2012
Please select a Course Section from the List below or use the Search box on the right if you know the Title.

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Business Administration Courses:

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BUS110 - Personal Money Management
Credits: 3

Catalog Description: Equips students with hands-on, lifelong skills including creating a financial plan for personal goals, avoiding credit trouble, saving money on everyday and major purchases (auto, homes, etc.), investing in stocks, bonds and mutual funds.

Lecture: 3 hrs.

Course Student Learning Outcomes (CSLOs):
Upon successful completion of this course, as documented by projects and class discussion, students will be able to:

1.Develop a personal financial plan that includes a budget covering income, expenses, saving, and investing for the future.*
2.Analyze food purchases to demonstrate the importance of comparison shopping.
3.Utilize an effective decision-making process for the purchase of an automobile, house and other large purchases.
4.Assess the advantages and disadvantages of personal credit and borrowing.
5.Develop a personal investment project that incorporates knowledge of the financial markets including stocks and mutual funds.
6.Complete a personal income tax form.

* This course objective has been identified as a student learning outcome that must be formally assessed as part of the Comprehensive Assessment Plan of the college. All faculty teaching this course must collect the required data and submit the required analysis and documentation at the conclusion of the semester to the Office of Institutional Research and Assessment.



Content Outline:
Overview of Personal Financial Planning
Personal Financial Statements and Budgets
Retirement Planning

Fundamentals of Investing
Buying and Selling Securities
Mutual Funds

Basic Money Management
Banking Services
Credit Management

Effective Buying
Transportation and Household Purchase Decisions
The Housing Decision

Understanding Taxes
The Federal Income Tax System
Preparing a personal tax return





Effective Term: Fall 2012