FI201 Personal Financial Management

for U1QQ 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


U1QQ 2013 HI


Carlson, Greg C.


Adjunct Instructor


B.S. Accounting,  Weber State University
M.S. Business, University of Northern Colorado
Certified Public Accountant

Office Location

Building 383 Hill AFB

Office Hours

4:00 to 4:30 P.M. Monday – Thursday

Daytime Phone

801-866-8056 (Cell)

Other Phone

801-476-1289 (home)


Semester Dates

3 June to 28 July 2013

Class Days


Class Time

7:30 to 10:15 PM



Credit Hours




Kapoor, J. R., (2012). Personal finance (10th Ed.) Boston: McGrawHill. ISBN: 978-0073530697, Loose Leaf-ISBN: 978-0077505547

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:


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.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information

Course Description:


Educational Philosophy:

The course will consist of lectures, discussion, personal fiancial assignments and examinations. Students are encouraged to interact sharing their own ideas and experiences.

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.

  Instructor Learning Outcomes
  1. 6, Develop an estate 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:

Four examinations and assignments



The final course grade will be determined using the following measurements:

                        Exam 1                                   20%

                        Exam 2                                   20%

                        Exam 3                                   20%
                        Exam 4                                    20%
                       Assignments                            20%

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:
 Course assignments submitted after the specified due date will not be accepted unless due to an excused absence and coordinated with and approved by the instructor.

Classroom Rules of Conduct:


Outside assignments are expected to be legible and in the proper format regardless if prepared manually or using a computer. Students should maintain copies of their graded assignments in the event the instructor inadvertently fails to record the graded result.

Course Topic/Dates/Assignments:


Date               Chapter(s)    Topic                                                 Homework

3 June                   1 & 2          Financial and Career Planning        Financial Goals, Resume

5 June                   2 & 3          Long-term Financing                       Personal budget

10 June                 4 & 5          Tax Strategy and Banking                 None    

12 June                 5& 6           Consumer Credit                              Comparing banking services

17 June                 1-5               Exam 1

19 June                 7 & 8          Consumer credit Sources &              Informative and                                         
                                        Misleading Advertisements

24 June                8 & 9           Finances of Housing                         Comparing Mortgage rates

26 June                10 & 11       Home, Auto & Health Care              Car Insurance Rates

1 July                  11 & 12        Life Insurance                                 Determine Insurance needs

3 July                  6-10              Exam 2

8 July                  13 & 14         Fundamentals of Investing &         None   

10 July                14 &15         Bonds                                             None

15 July                16 & 17         Mutual Funds & Real Estate        Mutual Fund Comparison

17 July                11-15            Exam 3

22 July                18 & 19        Retirement & Estate Planning       Retirement Plan

24 July                16-19           Exam 4


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 2012-2013 Undergraduate Catalog Page 97
Academic Honesty is required of all members of a learning community.  The instructor will not tolerate cheating or plagiarism on tests, examinations, papers, or other course assignments.  Students who engage in such dishonesty may be given a failing grade."

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 2012-2013 Undergraduate Catalog Page 95

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.

Park University 2012-2013 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:4/28/2013 5:42:10 PM