Financial & Business PlanningClass Term:
Spring Term 2020-2021Catalog Number:
1 (0 Contact, 0 Field)Priority:
General Enrollment CourseFull Year Course:
The course will meet for the first seven weeks of the semester in two hour blocks, from 8:20 am to 10:20 am. It will be complete once the seventh session is completed.
The course is graded on an S/U basis. The personal financial plan will be 60% of the grade, and the business plan will be 40%
This course deals with the basics of personal financial planning and startup business planning. Students will create personal financial plans based on projected horizons of 1, 3 and 5 years. The primary focus is on near term planning with emphasis on: initial savings, paying off student debt, judicious use of credit, and investing for short and long term goals. Also, students will create a comprehensive business plan for starting a law firm after graduation. This plan’s focus should be on business structure, financing, cash management and cost control. Topics such as benefits and insurance should be covered as well. Students will prioritize and codify their plans based on personal, professional and lifestyle objectives projected over each plans stated horizons.