200

This course is intended to help students understand and apply basic principles of good financial management in their personal financial decisions. Topics include personal budgeting, tax planning, managing cash and credit, making sound insurance decisions, investments and retirement planning. Not counted as a finance elective for the minor or the major.

We cover the laws and contracts governing real-estate lending, residential mortgage types, and borrower decision-making, then analyze how time and risk affect property value in both residential and commercial contexts. The course examines sources of commercial debt and equity capital and concludes with investment analysis using financial ratios, net present value (NPV), and internal rate of return (IRR).