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Personal Finance & Business Foundations
Class Term:
Spring Term 2021-2022
Catalog Number:
5676
Professor(s):
Professor
Lecture
Credits:
2 (0 Contact, 0 Field)
Priority:
General Enrollment Course
Full Year Course:
No
Category:
Standard Courses
Additional Information
About half of our classes will take place in person, and the other half will be conducted via Zoom.
Grading Details
50% on personal financial plan assignment
35% on Quizzes/HW
15% on business plan assignment
Description
This course deals with the basics of how to develop and implement a sound personal financial plan and startup business plan. Students will create both a personal plan and a business plan 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.
This course has been flagged as a distance education course. This means this class is one in which students are separated from the faculty member or each other (other than specially accommodated students) for more than one-third of the instruction and the instruction involves the use of technology to support regular and substantive interaction among students and between the students and the faculty member, either synchronously or asynchronously.