Information Package / Course Catalogue
| Business Administration | |||||
| Bachelor | Length of the Programme: 4 | Number of Credits: 240 | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF: Level 6 |
Ders Genel Tanıtım Bilgileri
| School/Faculty/Institute | Faculty of Econ., Admin. and Social Sciences | |||||
| Course Code | FIN 341 | |||||
| Course Title in English | Personal Finance | |||||
| Course Title in Turkish | Bireysel Finans | |||||
| Language of Instruction | EN | |||||
| Type of Course | Flipped Classroom | |||||
| Level of Course | Seçiniz | |||||
| Semester | Fall | |||||
| Contact Hours per Week |
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| Estimated Student Workload | 132 hours per semester | |||||
| Number of Credits | 5 ECTS | |||||
| Grading Mode | Standard Letter Grade | |||||
| Pre-requisites | None | |||||
| Expected Prior Knowledge | Basic knowledge of day-to-day business terminology | |||||
| Co-requisites | None | |||||
| Registration Restrictions | Only Undergraduate Students | |||||
| Overall Educational Objective | ||||||
| Course Description | An overview of personal and family financial planning with an emphasis on financial recordkeeping, planning your spending, tax planning, consumer credit, making buying decisions, purchasing insurance, selecting investments, and retirement and estate planning. | |||||
| Course Description in Turkish | Kişisel ve ailevi mali planlamanın genel bir özeti, mali kayıtların tutulması, harcama planlama, vergi planlaması, tüketici kredisi, satın alma kararları, sigorta satın alma, yatırım seçeneklerini belirleme ve emeklilik ile miras planlaması üzerinde durulmaktadır. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Understand the fundamentals of personal and family financial planning 2) Demonstrate knowledge of effective financial recordkeeping practices 3) Come up with and implement a budget for personal and family finances 4) Understand different investment options and strategies and select investments based on financial goals and risk tolerance. 5) Analyze and evaluate consumer credit options, including loans and credit cards, and make informed decisions 6) Make informed buying decisions based on financial considerations |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| 1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | ||||||
| 2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | ||||||
| 3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | ||||||
| 4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | ||||||
| 5) Demonstrates individual and professional ethical behavior and social responsibility | ||||||
| 6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | ||||||
| 7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | ||||||
| 8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | ||||||
| 9) Displays computer proficiency to support problem solving and decision-making | ||||||
| 10) Demonstrates teamwork, leadership, and entrepreneurial skills | ||||||
| 11) Displays learning skills necessary for further study with a high degree of autonomy |
Relation to Program Outcomes and Competences
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | H | Exam |
| 2) | Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | H | Exam |
| 3) | Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | H | Exam |
| 4) | Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | S | Participation |
| 5) | Demonstrates individual and professional ethical behavior and social responsibility | S | Participation |
| 6) | Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | S | HW |
| 7) | Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | H | Exam |
| 8) | Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | S | HW |
| 9) | Displays computer proficiency to support problem solving and decision-making | H | HW |
| 10) | Demonstrates teamwork, leadership, and entrepreneurial skills | S | Participation |
| 11) | Displays learning skills necessary for further study with a high degree of autonomy | S | HW |
| Prepared by and Date | , |
| Course Coordinator | CEYHAN MUTLU |
| Semester | Fall |
| Name of Instructor | Prof. Dr. SEMEN SON TURAN |
Course Contents
| Week | Subject |
| 1) | An introduction to financial planning; career planning (Ch 1,2) |
| 2) | Financial records and budgeting (Ch 3) |
| 3) | Financial services (savings and checking accounts; online, app banking) (Ch 5) |
| 4) | Consumer credit (Ch 6,7) |
| 5) | Consumer purchasing (Ch 8) |
| 6) | Exam 1 in class |
| 7) | Housing (Ch 9) |
| 8) | Home and Automobile Insurance (Ch 10) |
| 9) | Healthcare and Medical Insurance (Ch 11) |
| 10) | Life Insurance (Ch 12) |
| 11) | Investing fundamentals (Ch 13) |
| 12) | Investing in mutual funds, real estate, other investments (Ch 16, 17) |
| 13) | Retirement Planning (Ch 18) Estate Planning (Ch 19) |
| 14) | Exam 2 in class |
| 15) | Final Examination Period |
| 16) | Final Examination Period |
| Required/Recommended Readings | ||||||||||||||||||||||
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| Computer Use | ||||||||||||||||||||||
| Other Activities | ||||||||||||||||||||||
| Assessment Methods |
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| Course Administration |
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ECTS Student Workload Estimation
| Activity | No/Weeks | Hours | Calculation | ||||
| No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
| Course Hours | 14 | 2 | 2 | 2 | 84 | ||
| Homework Assignments | 2 | 12 | 2 | 28 | |||
| Midterm(s) | 2 | 8 | 2 | 20 | |||
| Total Workload | 132 | ||||||
| Total Workload/25 | 5.3 | ||||||
| ECTS | 5 | ||||||