Personal Finance (Revision 5)
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Area of Study: Applied Studies
(Business and Administrative Studies)
Centre: Faculty of Business
FNCE 322 has a Challenge for Credit option.
Finance 322: Personal Finance is a three-credit course that examines the knowledge and competencies required to prepare a financial plan and manage the full range of personal finance matters. Concepts covered within the course include the five-step financial planning process, goal-based financial planning math, tax minimization strategies, investment fundamentals, risk management (insurance), family law, retirement planning, registered plans, estate planning, consumer credit management, and ethics.
You will learn to analyze and evaluate financial products, planning processes, and strategies. This course emphasizes active decision making. As you learn the basic concepts, you will implement them in hypothetical environments within the course. This approach will broaden your general knowledge, and improve your professional competencies and credibility if you work in the financial services industry.
Upon successful completion of this course, you will be able to
- explain the concepts relevant to comprehensive personal financial planning
- describe common products (such as investments, insurance products, credit facilities, and legal documents) available within the financial services industry
- analyze individual and family financial circumstances and recommend appropriate strategies to achieve goals within a personal finance context
- apply the knowledge gained in this course to enhance current and future client relationships within the financial planning and investment advisory industries
- differentiate between ethical and unethical practices in the financial services industry.
Notice: Athabasca University is approved by the Financial Planning Standards Council (FPSC) as an Education Provider for FPSC Level 1® Certification in Financial Planning. Students who wish to take FNCE 322 for this certification must enroll in Revision 5 (older versions of FNCE 322 cannot be applied to the certification.) For more information on FPSC Level 1® Certification in Financial Planning, visit www.fpsc.ca.
- Lesson 1: Personal Financial Planning
- Lesson 2: Time Value of Money
- Lesson 3: Taxation
- Lesson 4: Investment Fundamentals
- Lesson 5: Stocks
- Lesson 6: Bonds
- Lesson 7: Mutual Funds
- Lesson 8: Insurance and Family Law
- Lesson 9: Retirement Planning and Registered Plans
- Lesson 10: Estate Planning
- Lesson 11: Consumer Credit
To receive credit for Finance 322: Personal Finance, you must achieve a grade of 50% on the Final Examination and a minimum overall grade of 50% for the entire course. Any unsubmitted work will receive a grade of 0%.
Note: If you are applying this course towards the FPSC Level 1® Certificate offered through the Financial Planning Standards Council, you must achieve a minimum grade of 50% on the Final Examination and an overall grade of at least 65% for the entire course.
The following chart summarizes the evaluation activities in this course.
|Activity||Credit Weight||When to Complete|
|Assignment 1||10% of final grade||After Lesson 3|
|Midterm Examination||20% of final grade||After Assignment 1 and Lesson 5|
|Assignment 2 (Case)||20% of final grade||After Lesson 11|
|Assignment 3 (Ethics)||10% of final grade||After Assignment 2|
|Final Examination (cumulative)||40% of final grade||After Assignment 3|
The examination(s) for this course will be written in the traditional pen and paper format. To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Registration in this course includes an electronic textbook.
Roesler, W. (2017). Personal finance: Plan, invest, enjoy. (1st Can. ed.). Under licensed agreement with Kompass Financial Advisory Inc.
All other learning resources will be available online.
The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.
Full information for the Challenge for Credit can be found in the Undergraduate Calendar.
Important Note: Students should contact the Financial Planning Standards Council (FPSC) to determine whether credits earned via the challenge for credit option are accepted as partial fulfillment of the qualifications requirement for FPSC’s Level 1 exam.
Paper Exam (4 hours)
Undergraduate Challenge for Credit Course Registration Form
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.
Opened in Revision 5, April 11, 2017.
View previous syllabus
Updated April 12 2017 by Student & Academic Services