Finance (FNCE) 322

Personal Finance (Revision 4)


Revision 4 is closed for registrations, replaced by current version

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Delivery Mode: Individualized study online with eTextbook

Credits: 3

Area of Study: Applied Studies
(Business and Administrative Studies)

Prerequisite: ACCT253 or FNCE300/ECON300 (formerly FNCE234) or FNCE370 or equivalents or professor’s approval.

Centre: Faculty of Business

FNCE 322 has a Challenge for Credit option.

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**Note: Students registering in grouped study, are advised that there may be some differences in the evaluation and course materials information indicated below. To obtain the most up-to-date information, contact the Faculty of Business Student Support Centre at 1-800-468-6531.


Finance 322: Personal Finance is a three-credit course that examines the knowledge and competencies required to manage personal financial resources. You will learn to understand, mathematically analyze, and evaluate financial products and strategies. This course emphasizes active decision making. As you learn the basic concepts, you will implement them to improve your own personal financial situation and to enhance your professional competencies and credibility if you work in the financial services industry.

The topics covered in Finance 322 include the time value of money, debt management, tax planning, risk management and insurance, investment management, retirement planning, and estate planning. Issues related to financial services advising are also discussed.

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, expected to open in the summer of 2017. (Older versions of FNCE 322 cannot be applied to the certification.) For more information on FPSC Level 1® Certification in Financial Planning, visit


  • Lesson 1: Introduction to Financial Planning
  • Lesson 2: Financial Statements—Construction and Analysis
  • Lesson 3: Time Value of Money
  • Lesson 4: The Canadian Personal Income Tax System
  • Lesson 5: Tax Planning Strategies
  • Lesson 6: Cash Management
  • Lesson 7: Consumer Credit—Open Credit and Credit Cards
  • Lesson 8: Personal Debt (Consumer Loans)
  • Lesson 9: Personal Debt (Automobile Financing)
  • Lesson 10: Personal Debt (Mortgages)
  • Lesson 11: Risk Management and Health and Disability Insurance
  • Lesson 12: Risk Management and Life Insurance
  • Lesson 13: Property and Liability Insurance
  • Lesson 14: Investment Basics
  • Lesson 15: Securities Markets
  • Lesson 16: Equity
  • Lesson 17: Fixed Income
  • Lesson 18: Mutual Funds
  • Lesson 19: Retirement Planning and Management
  • Lesson 20: Estate Planning
  • Lesson 21: Comprehensive Financial Planning


To receive credit in FNCE 322, you must achieve a composite course grade of at least a “D” (50 percent) and a passing grade of “D” (50 percent) on the Final Examination. The weighting of the composite course grade is as follows:

Assign 1 Assign 2 Assign 3 (Case Analysis) Midterm Exam Final Exam Total
10% 10% 20% 20% 40% 100%

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.

Course Materials


Registration in this course includes an electronic textbook. For more information on electronic textbooks, please refer to our eText Initiative site.

Keown, A., Gardner, E., Torabzadeh, K., & Dixon, G. (2003). Personal finance: Turning money into wealth (1st Can. ed.). Toronto: Prentice-Hall. ISBN 0-13-062014-9

A print version of the eText may be available for purchase from the publisher through a direct-to-student link provided on the course website; you can also acquire the textbook on your own if you wish.

Other Resources

All other learning resources will be available online.

Challenge for Credit Course Overview

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.

Challenge Evaluation

To receive credit for the FNCE 322 challenge registration, you must achieve a grade of at least “D” (50 percent) on the examination.

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 4, September 17, 2013.

View previous syllabus