Course Description: Synthesize and connect quantitative reasoning, skills, and experiences across disciplines, emphasizing personal finance challenges, opportunities, and decision-making, allowing them to address new or complex situations relevant to their lives or careers. Understand and manage personal financial planning, money management, insurance, and investments; develop a plan for incorporating these concepts now and in the future; and extend ideas to develop a plan for ¿giving back¿ to the community.
Course Narrative: In this course Bus 350, we will synthesize and connect quantitative knowledge, reasoning, skills, and experiences across disciplines, with the emphasis on real-world personal finance challenges, opportunities, and decision-making, allowing us to address new or complex situations relevant to your life or career. Our initial teaching and learning activities will focus on helping you to build a framework for understanding and managing personal financial planning, money management, insurance, and investments. Throughout the course, we will be working on incorporating these concepts now and developing a plan for the future. Specific topics include the importance of the time value of money, the impact of compound interest and inflation, buy versus lease decisions for “big ticket” items such as vehicles and homes, costs and benefits for insurance decisions, and risk/return tradeoffs and benefits of diversification for a variety of investments. In addition, we will be guided by CSUMB’s mission, which is: “To build a multicultural learning community founded on academic excellence from which all partners in the educational process emerge prepared to contribute productively, responsibly, and ethically to California and the global community.” Toward this end, we will extend the knowledge and skills you develop for your team “giving back” project for family, friends, and the community. Course evidence :