- Course Number:
- BA 114
- Course Title:
- Financial Survival
- Credit Hours:
- Lecture Hours:
- Lecture/Lab Hours:
- Lab Hours:
- Special Fee:
Course DescriptionProvides basic information and strategies to empower individuals to make positive decisions about funding their education and establishing control over their financial lives, leading to financial independence and reduced life stress. Introduces: funding college, budgeting, wise use of credit, controlling debt, basic financial planning, effective financial decision making, and avoiding financial mistakes and pitfalls. BA 114 and CG 114 are equivalent. Only one may be taken for credit. Prerequisites: WR 90, RD 90, and MTH 20 or equivalent placement test scores. Audit available.
Intended Outcomes for the course
As a result of having participated in this class students will:
- Implement a financial plan to pay for college while maximizing resources and minimizing borrowing.
- Maintain short, medium and long-term financial goals while adhering to a spending plan.
- Make informed financial decisions to avoid unnecessary financial risks and establish a strong credit portfolio.
Course Activities and Design
The course will mix a variety of teaching modalities, including: lectures; PowerPoint presentations; Internet sites; personal student assignments exploring multiple aspects of college-related finances, and post-college finances; student interviews; discussions; case study analyses; and student group projects/assignments/presentations.
Outcome Assessment Strategies
- Weekly student feedback (written) responding to focused questions/topics,
- Weekly quizzes,
- Written reports on key course topics,
- A final personal presentation demonstrating an understanding of the course content, and a personal financial plan
Course Content (Themes, Concepts, Issues and Skills)
Content themes include:
- Understanding financial information
- Financial planning for college and career
- Written and verbal communication
- Ethical personal conduct
- Problem-solving and positive decision-making
- Ability to locate financial information utilizing the Internet
- Ability to calculate interest rates and re-payment amounts
- Ability to evaluate various types of credit, credit costs, and ways to utilize credit advantageously
- Ability to manage personal credit information and credit rating/scores