FI201 Personal Financial Management

for S1T 2013

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Mission Statement: Park University provides access to a quality higher education experience that prepares a diverse community of learners to think critically, communicate effectively, demonstrate a global perspective and engage in lifelong learning and service to others.

Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.


FI 201 Personal Financial Management


S1T 2013 DL


Goss, Craig Perry


Senior Instructor



Office Hours

By Arrangement: pleae contact the instructor via email to set up a conference

Daytime Phone

660-848-9729  [it is best to contact via email to arrange for a phone conference]

Other Phone

fax: 660-848-9729


Semester Dates

Start: 1/14/13 End: 3/10/13

Class Days


Class Time




Credit Hours



Focus 3e soft bound text: ISBN978-0-07-338242-5

Authors: Kapoor, Dlabay and Hughes

McGraw - Hill Irwin

Note there is a special Park University "Create" edition which is acceptable as well.  This version may be slightly less expensive than the regular text.  However it is specially printed for Park University.
ISBN: 9781121246577

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

There are links provided with the course.  Particularly the respective Federal Reserve Bank links for each of the Districts in the USA are excellent sources.  As well as other Fed links such as the Open Market Committee minutes.

The Wall Street Journal may be found at most libraries or subscribed to as a student for a nominal amount.

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.
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FAQ's for Online Students - You might find the answer to your questions here.

Course Description:

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

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 [100 points]
  2. A proctored final exam [150 points]
  3. Five quizzes comprised of multiple choice questions based on the text readings [100 points total]
  4. A project outline submission for approval and clarification [50 points]
  5. A rough draft version of the final paper [50 points]
  6. Interaction each week through "Discussion" postings over current unit readings for the week [350 points total]
  7. A project over a topic of the students choice based on the previously submitted outline [100 points]
The following scale will be utilized to determine letter grades for the 900 points possible for the course.  Letter grades are expressed as a % of total course points.:
A = 90 - 100%
B = 80 - 89%
C = 70 - 79%
D = 60 - 69%
F = 59% and below
The paper is to be 3 - 5 pages in length with citations and based on a topic of the student's choice.  This topic is pre-approved during week 4.  A rubric  is available and outlines the basis including the citation requirement.  The guidelines for citation level grading will be presented to the student.  Essentially; 15 cites for an A.  10 or more cites for a B.  Fewer than 10 citations will receive a grade no higher than a C.  Possibly lower depending on the citation usage.  The student is asked to familiarize themselves with citations, references and proper source citation methods and the Park University policy on plagiarism .  There is a rough draft of the paper due during week 7 and this item must be placed in the drop box for a grade.  If the rough draft is not presented to the rough draft before the end of week 7, no points will be allowed.  Additionally, the final version must also be presented to the drop box before the end of week 8 or no points will be allowed.


  • A midterm exam: worth 100 points based on quizzes to date.
  • A proctored comprehensive final exam: worth 150 points based on all previous testing mediums.
  • Five multiple choice quizzes: each worth 20 points for a total points of 100.
  • A project outline submission for approval and clarification: Pass/Fail [multiple submissions are acceptable] worth 50 points. The outline serves as the basis for the Discussion in week 4. To earn points both items; Discussion and Outline, the Outline must be submitted to the drop box and posted in the Discussion. 10% of the 50 pts grade basis are earned through the required response to another student's posting.
  • Interaction each week through "Discussion" postings over current unit readings for the week: 50 points each for a total of 350 points. 10% of the 50 pts grade basis are earned through the required response to another student's posting.  Additionally, the student's primary post is due by Wednesday of the week.  The student's response to another student is due NLT Saturday.  No credit will be awarded for late postings unless prior permission is obtained by the instructor.
  • A project over a topic of the students choice: 100 points. To earn points both items, Discussion and Course Project, the Course Project must be submitted to the drop box and posted in the Discussion. 10% of the 100 pts grade basis are earned through the required response to another student's posting. Citations are required. Number of citations at a minimum for the letter grade of A = 15. Number of citations for the letter grade of B = 10. A paper submitted with fewer than 10 citations will receive the letter grade of D.

  • 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 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.

    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.

    Additionally, the student's primary post is due by Wednesday of the week.  The student's response to another student is due NLT Saturday.  No credit will be awarded for late postings unless prior permission is obtained by 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:
    Please be professional in your dealings with other students.  An email warning will be sent to the student if conduct is inappropriate. If further instances occur, then the student will be referred to a Site Coordinator or other Academic Coordinator.

    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. [All sections referred to are from the sections in the course text from the Contents on page xxii.

    Coverage via the Course text, Focus 3e via the Brief Table of Contents is:

    1. Unit One/week one - Chapters 1, 2 and 3. Quiz 1
    2. Unit Two/week two - Chapters 4 and 5. Quiz 2
    3. Unit Three/week three - Chapters 6 and 7. Quiz 3
    4. Unit Four/week four - Midterm Exam and the Course Project outline and its Discussion component
    5. Unit Five/week five - Chapters 8, 9 and 10. Quiz 4.
    6. Unit Six/week six - Chapters 11, 12 and 13.
    7. Unit Seven/week seven - Chapter 14. Quiz 5. Course Project Rough Draft.
    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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty ( or Park University 2011-2012 Undergraduate Catalog Page 95-96

    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. from Park University 2011-2012 Undergraduate Catalog Page 95
    The student is cautioned to use proper citation on the paper.  Citations required for an A = 15.  Citations requried for a B = 10.  Fewer than 10 citations will receive a grade of C or lower depending on the citation useage.

    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: Students must participate in an academically related activity on a weekly basis in order to be marked present in an online class. Examples of academically-related activities include but are not limited to: contributing to an online discussion, completing a quiz or exam, completing an assignment, initiating contact with a faculty member to ask a course related question, or using any of the learning management system tools.

    Park University 2011-2012 Undergraduate Catalog Page 98

    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:12/10/2012 7:51:30 AM