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PFIN 050 – Personal Finance and Investing
A course designed to improve money management and investing skills.

Hours: 30

Total Weeks: 12

This course is offered online: No

Pre-Requisites: MATH 030 Intermediate Mathematics, or instructor's permission

Course Content:
Personal Finance and Investing
1. Net Worth Statements
2. Budget preparation
3. Stocks
4. Stock Market
5. Fixed Investments
6. Risk Tolerance
7. Mortgages
8. Wills
9. Tax Implications
10. Creating a personal investment portfolio

Learning Outcomes:
The student will be able to:
-demonstrate an understanding of assets
-demonstrate an understanding of liabilities
-prepare a financial statement
-demonstrate an ability to predict income and expenses
-prepare a monthly and yearly personal budget
-calculate depreciation and inflation
-correctly answer the three types of percentage problems
-restate how companies issue stock
-demonstrate the difference between
preferred and common stock
-demonstrate an understanding of how stocks are bought and sold
-develop a portfolio of stocks and show weekly activity
-analyze the essence of mutual funds
-describe the technical ratios used in analyzing stocks
-demonstrate reading and comprehending of stock quotations from a newspaper
-express types of bond offerings
-compare government to industry bonds
-calculate simple and compound interest
-manipulate the interest formulae
-demonstrate an understanding of the future market
-demonstrate an understanding of risk tolerance
-compare the different types of mortgages
-demonstrate an understanding of credit ratings
-predict the implications of bankruptcy
-model how pensions are calculated
-compare private to government pensions
-research the Canadian taxation system
-analyze the impact of taxes on various forms of investments
-examine net earnings to gross earnings
-demonstrate an appreciation and understanding of the difference in taxation between dividend and capital gains
-design a personal investment portfolio

Passing Grade: Pass (50%)

Grading Weight:
Final Exam: 20 %
Assignments: 50 %
Portfolio: 30 %

Course Offered in Other Programs: No

Text Books: Textbooks are subject to change. Please contact the bookstore at your local campus for current book lists.
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