12877 - FPCC 435 Financial Planning Fundamentals
Course Description
This foundational course introduces students to the essential tools, techniques, and concepts of comprehensive personal financial planning. Serving as a prerequisite for all other courses in the program, it provides the groundwork for understanding how to develop effective, client-centered financial plans.
Topics include financial statement analysis, goal setting, time value of money, education funding strategies, debt management, insurance fundamentals, investment basics, retirement planning, and key economic principles. Students will also explore the psychological aspects of financial decision-making and learn how to gather and analyze client data.
Course Outline
- Overview of Financial Planning
- Time Value of Money
- Client Communication
- Personal Financial Statements and Analysis
- Insurance and Risk Management
- Education Funding
- Investments
- Retirement Planning
- Income Tax Planning
- Estate Planning
- Ethics and Standards of Professional Conduct
Learner Outcomes
- Describe the financial planning process, assess the external environment, use goals to establish financial direction and analyze a client’s present financial position.
- Apply time value of money concepts to various financial planning problems and develop investment strategies using different types of securities.
- Estimate the impacts of income tax planning strategies, apply the basic process for retirement planning, and define the considerations for estate planning.
- Evaluate the roles of various insurance products in managing risks and recognize the professional and ethical aspects of financial planning.
Notes
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Refund eligibility is determined by the date of withdrawal. A detailed refund schedule is posted on our website at the beginning of each registration cycle.