FI201 Personal Financial Management

for F1T 2008

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Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.


FI 201 Personal Financial Management


F1T 2008 DLB


Tovbin, Paul


Adjunct faculty


Ph.D., International Economics
MBA, Finance

Office Location

Virtual and Sacramento/San Francisco

Office Hours

AM-6PM Pacific Standard Time

Daytime Phone


Other Phone



Semester Dates

F1T 2008

Class Days


Class Time




Credit Hours



Personal Finance 8e

Authors: Kapoor, Dlabay and Hughes

McGraw - Hill Irwin

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

It is suggested that the student have a business/financial calculator.

And if possible, at least access to the Wall Street Journal.

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
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Resources for Current Students - A great place to look for all kinds of information
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FAQ's for Online Students - You might find the answer to your questions here.

Course Description:
FI201 Personal Financial Management (GE): A study of individual and family financial management concepts and techniques which assist persons to become informed consumers and efficient managers of personal resources.3:0:3

Educational Philosophy:
The facilitator’s educational philosophy is one of interactiveness based on lectures, readings, quizzes, dialogues, examinations, internet, videos, web sites and writings. The facilitator will engage each learner in what is referred to as disputatious learning to encourage the lively exploration of ideas, issues and contradictions.

Learning Outcomes:
  Core Learning Outcomes

  1. Manage household income.
  2. Manage household expenses.
  3. Develop a savings strategy.
  4. Describe the basic types of personal lines insurance.
  5. Develop an individual wealth creation plan.

Core Assessment:

The final exam for FI 201 will be the assessment tool used for this course. The exam will be comprehensive and the grade used to determine competency levels achieved by the students. The exam will be closed book and closed notes. The exam consists of multiple choice questions covering the chapter readings in the course and problems that examine the critical thinking, effective communication skills and technical skills of the student.   Partial credit will be given for the problems.

Class Assessment:

Various methods of enhancing and measuring the student learning process are utilized.


These include the following:

  1. A midterm exam
  2. A proctored final exam
  3. Three multiple choice homework assignments
  4. A project outline submission for approval and clarification
  5. Interaction each week through "journal" postings over current unit readings for the week
  6. A project over a topic of the students choice



  1. A midterm exam: worth 100 points
  2. A proctored final exam: worth 100 points
  3. Three multiple choice homework assignments: each worth 25 points
  4. A project outline submission for approval and clarification: Pass/Fail [multiple submissions are acceptable]
  5. Interaction each week through "journal" postings over current unit readings for the week: 33 points each
  6. A project over a topic of the students choice: 100 points

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business and Management.

Late Submission of Course Materials:

Due to the accelerated nature of the course, it is strongly suggested that the student submit assignments on time. If, for some reason that student will be late in turning in a particular assignment; the student should seek prior approval from the instructor.

A major consideration for the timely submission of materials is that - answer keys and solution sets to selected problems are presented and open for class discussion after the item is due. If, for some reason a student is late in turning in assignments, this "lateness" can thwart the enhancement of the class learning feedback process by holding up the dissemination of the course answer keys and solutions sets. With this is mind, it is strongly suggested that the student be proactive in submitting course materials.



Classroom Rules of Conduct:

It is expected that students conduct themselves in a professional manner with respect for the student themselves, their classmates and the instructor. Any deviation from this policy will result in first a warning by the instructor. Then if further instances occur, a reporting of said conduct to the proper Academic authority within the student's campus center. Judgement will be exercised by the instructor within the parameters of Park Universities policies.


Course Topic/Dates/Assignments:

Week One is section one. Week 2 will cover section 2. Week 3 will cover section 3. Week 5 will cover section 4. Week 6 will cover section 5 and Week 7 will cover section 6. This gives us Week 8 for the project and final. Week 4 for the midterm.

Coverage via the "Readings Rollout Schedule" is:

  1. Unit One/week one - Planning Your Personal Finances: Chapters 1, 2, 3 and 4. Homework 1
  2. Unit Two/week two - Managing Your Personal Finances: Chapters 5, 6 and 7. Homework 2
  3. Unit Three/week three - Making Your Purchasing Decisions: Chapters 8 and 9. Homework 3
  4. Unit Four/week four - Insuring Your Resources: Chapters 10, 11 and 12
  5. Week five - submission of midterm and project outline proposal
  6. Unit Five/week six - Investing Your Financial Resources: Chapters 13, 14, 15, 16 and 17
  7. Unit Six/week seven - Controlling Your Financial Future: Chapters 18 and 19. Project is due.
  8. Week eight. Projects are due and proctored final exam is taken.

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2008-2009 Undergraduate Catalog Page 87
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University 2005-2006 Undergraduate Catalog Page 85-87

Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2008-2009 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.
ONLINE NOTE: An attendance report of "P" (present) will be recorded for students who have logged in to the Online classroom at least once during each week of the term. Recording of attendance is not equivalent to participation. Participation grades will be assigned by each instructor according to the criteria in the Grading Policy section of the syllabus.

Park University 2008-2009 Undergraduate Catalog Page 89-90

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: .


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Last Updated:8/1/2008 4:38:59 PM