May 06, 2024  
2020-2021 Catalog 
    
2020-2021 Catalog Archived

BAF 101 - Personal Finance


Class: 3 Credits: 3
This course includes the practical applications of concepts and techniques used in managing personal finances. Major areas of study include financial planning, budgeting, credit use, housing, insurance, investments, and retirement planning.

Prerequisite(s): Take MAT 032 , ENG 032 , RDG 032  with a minimum grade of “C”.
Course Topics:
  • Personal Financial statements
  • Time Value of money
  • Personal taxes
  • Managing Cash and savings
  • Automobile and housing decisions
  • Consumer credit
  • Insurance needs
  • Investment objectives
  • Retirement and estate planning

Textbooks:
Textbook information can be found on the Book Inn Web site
Required Materials:
  • Online component access code (see instructor for details)

Grading System:
An overall grade of C or higher is required for transferability.

A 90-100
B 80-89
C 70-79
D 60-69
F 0-59


Student Learning Outcomes:
  1. Define personal financial goals.
  2. Prepare personal financial statements.
  3. Solve the time value of money concepts.
  4. Prepare personal taxes.
  5. Develop a savings strategy.
  6. Develop a plan for a home buying and purchase or lease alternatives for selection of a vehicle.
  7. Calculate insurance needs.
  8. Describe retirement needs and estate planning.

For SCC Online Courses:
If the course you are taking is online, please review the SCC Online Policies that include:

  • Required materials for all online courses
  • Mandatory Attendance Requirement
  • Proctored Exams

Face Covering Requirements:
All faculty, staff and students must wear a face mask/covering at all times (absent a medical condition) on all SCC campuses when safe social distancing measures are not possible or difficult to follow. For further details, refer to the Student Guidelines for Face Coverings and Social Distancing on the SCC Coronavirus COVID-19 Information page.
Standard SCC Course Policies:
Please review the Standard SCC Course Polices on the following topics:

  • Academic Integrity
  • Academic Misconduct
  • Add/Drop period
  • Appeals Process
  • Class Attendance
  • Classroom Behavior (traditional and online)
  • Classroom Conduct/Expectations
  • Lab Procedures (general SCC policy regarding this)
  • Online Confidentiality
  • Services For Students with Disabilities
  • Withdrawal Policy


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Official Course Syllabus
2020-2021