Personal Financial Planning
Minors and Non-Majors
Studies in Personal Finance Minor
Learn more about the Studies in Personal Finance Minor at the University College website.
CFP Certification Eligible Minor
1101. Money Management Basics: Cash Management and Credit (1). For nonmajors only. Introduces basic financial decision-making regarding spending, saving, and the use of consumer credit. F, S
Personal and Family Finance (PFP 3301) is an introduction to personal financial planning, including goal setting, cash management, credit, insurance, and much more. It fulfills core Social and Behavioral Sciences (individual or group) and can be taken separately or as part of the 18-hour Studies in Personal Finance Concentration. It is offered in the Fall, Spring, and Summer semesters.
Financial Counseling and Consumer Credit (PFP 3321) is an introduction to the financial counseling process and a detailed examination of various types of consumer credit, including credit cards, consumer loans, mortgages, student loans, and an overview of consumer credit laws. It can be taken separately or as part of the 18-hour Studies in Personal Finance Concentration. It is offered via on-line delivery in the Fall, Spring, and Summer semesters.
Personal Finance: Goal Planning (PFP 3341) is a course for persons who want to use this information in their professional and/or personal lives. It can be taken separately or as part of the 18-hour Studies in Personal Finance Concentration. Topics covered in PFP 3341 will include goal planning & cash management, purchasing strategies for vehicles, housing decisions, education funding, retirement planning, and preparing for unexpected expenditures. It is offered via on-line delivery.
Personal Finance: Managing Risks (PFP 3361) focuses on the concepts of risk management and how to plan for managing risk, including building cash reserves, investing in human capital, and purchasing insurance. PFP 3361 also covers employee benefits, government entitlements, and estate planning. It can be taken separately or as part of the 18-hour Studies in Personal Finance Concentration. It is offered via on-line delivery.
3381. Personal Finance: Investing (3:3:0). For nonmajors only. Focuses on the fundamentals of personal investing to meet financial goals, including cash management, investing terminology, risk and return, tax implications of investments, stocks and bonds, mutual funds and exchange traded funds, portfolio management, and retirement income management. Distance. F, S, SS.
4101. Financial Senior Seminar (1). For non-PFP majors only. Introduces financial planning issues that emerge when starting a career, including compensation negotiations, cash flow management, employee benefits, and the impact of taxation. F, S
4175. Special Topics in Personal Financial Planning (1). Prerequisite: none. Students will review and apply research findings from behavioral economics, behavioral finance, and subjective well-being studies, with a particular emphasis on identifying persistently non-rational choice behavior. Topics will including hedonic adaptation, relative standing, negative and positive addictions, time discounting rates, and comparisons with traditional economic models of consumer choice. S
4361. Personal Finance: Advanced Topics and Case Studies (3:3:0). Prerequisites: PFP 3301, 3321, 3341, 3361, and 3381. For nonmajors only. Students are expected to develop a sound financial plan; analyze information; justify financial decisions; and describe the process used to track, evaluate, and adjust financial plans to meet goals. Distance.
Personal Finance: Professional and Personal Applications (PFP 5322) is a survey course in personal financial planning for non-majors who want to use the information in their personal and professional lives. It also serves as a leveling course for PFP graduate students who have no previous education in personal finance. PFP 5322 is offered in the Fall, Spring, and Summer semesters as a distance course and is offered in a face-to-face format on campus.
To obtain a graduate minor in personal finance the following courses are required:
5322. Personal Finance: Professional and Personal Applications (3). Survey course in personal financial planning for nonmajors who want to use this information in their personal and professional lives. F, S, SS, Distance and on campus.
5362. Asset Management I (3). Prerequisite: PFP major. Investment management concepts in a personal financial planning context; client goals, expectations, and risk tolerance; capital markets; investment alternatives; security valuation; risk assessment; and portfolio management concepts. F, SS.
5394. Retirement Planning (3). Prerequisites: PFP 5362 with a grade of C or higher and Prerequisite or corequisite: PFP 5322 with a grade of C or higher. Consent of PFP Graduate Advisor. Advanced studies in retirement planning covering retirement plans in the corporate setting, personal retirement planning, and retirement income strategies. F, SS.
5497. Risk Management and Insurance Planning (4). Prerequisite or corequisite: PFP 5322. Explores risk management theory, personal risk analysis, and financial loss prevention with private insurance. F, S