Curriculum Guideline

Personal Finance II

Effective Date:
Course Code
FINC 3300
Personal Finance II
Commerce & Business Administration
Start Date
End Term
Not Specified
Semester Length
15 Weeks x 4 Hours per Week = 60 Hours
Max Class Size
Contact Hours
Lecture: 3 Hrs. Seminar: 1 Hr. Total: 4 Hrs.
Method Of Instruction
Methods Of Instruction

A combination of lectures, case studies, supplementary materials, and class presentations.

Course Description
The Professional Financial Management course gives the student a broad understanding of personal financial planning issues and techniques. The course will require the student to give informed advice on moderately complex personal financial planning scenarios. Technical knowledge areas will include debt, insurance, investment, with emphasis on financial analysis, retirement, estate planning, government benefits and taxation.
Course Content

The course provides instruction on key topics including:
1. Overview of a financial plan.
2. Planning with personal financial statements.
3. Budgeting, savings and credit/debt management including mortgages.
4. Business and family law as it relates to financial planning scenarios.
5. Insurance: auto, property, health & disability and life.
6. Tax planning.
7. Retirement planning.
8. Estate planning.
9. Investment management: stocks, bonds, mutual funds, and asset allocation.
10. Integrating the components of a financial plan through cases.

Learning Outcomes

At the end of the course, the student should be able to:

1. Prepare personal financial statements for moderately complex financial planning scenarios.
2. Interpret and prioritize financial planning goals in a financial plan.
3. Incorporate debt management, asset management, risk management and tax planning strategies that allow investors to reach retirement and estate planning goals in moderately complicated financial planning scenarios.
4. Integrate government benefit programs such as CPP, OAS, RRSPs and TFSAs as well as pensions and investment planning into moderately complicated retirement and estate planning scenarios.
5. Provide advice on personal investment management.
6. Explain the role of law and fair and ethical business practices in preparing a personal financial plan.
7. Demonstrate application of the Certified Financial Planning Code of Ethics.

Means of Assessment
Assignments or case studies    10% - 25%
Major case study 15% - 25%
Midterm examination(s) 20% - 30%
Final examination 30% - 40%
Total     100%
Textbook Materials

Textbooks and Materials to be Purchased by Students may be chosen from:

Retirement and Estate Planning in Canada, Coleen Clarke, Captus Press, Latest Canadian Edition
Madura and Gill, Personal Finance, Latest Canadian Edition, Pearson
KPMG Tax Planning for Canadians, latest edition
And an advanced retirement and estate planning text to be determined.
All textbooks are subject to change with approval of the department.

Only Faculty of Commerce and Business Administration approved calculators may be used for tests and examinations.



FINC 2300 with “C” or higher and
(FINC 3350 or FINC 3390) with “C” or higher



Which Prerequisite