GESB2000 / GESB004 – Personal Finance and Wealth Management
|Suggested Year of Study:||2-4|
Department of Finance and Business Economics
|Medium of Instruction:||English|
Financial literacy has become increasingly popular and important around the world. Every university students should know how to manage his or her wealth, pension, and insurance. This course teaches non-finance students the core concept of financial planning, including retirement planning. Popular financial instruments will be introduced from the risk-return perspectives, including mortgage and car loans, bank deposits, stocks, bonds, mutual fund, and insurance products. Quantitative tools such as Microsoft Excel will be used to solve various problems in personal finance.
Intended Learning Outcomes (ILO)
1. Students will be able to describe and relate the emergence of personal financial planning (including retirement planning) to current demographic and social trends such as aging population and increasing medical expenses.
2. Students will be able to measure and rank the risks and returns of various personal investment products.
3. Students will be able to value various types of loans available to individuals and examine their impacts on personal finance.
4. Students will be able to describe the purposes of various insurance products available to individuals and examine their impacts on personal finance.