College of Business
Clayton State University
Personal Financial Management CRN 87250 FINA3100 (Fall 2008)
Tuesday and Thursday 5:00 pm-6:15 pm, Room: T220
Instructor : Chen-Miao Lin, Associate Professor of Finance
Office : T-273, School of Business Building
Phone : Voice: 678-466-4531 Fax: 678-466-4599
e-mail : Chen-MiaoLin@clayton.edu
Office Hours : TT 9:45 am – 10:45 pm
TT 3:25 pm – 4:55 pm
Mission of the School of Business at Clayton State University
1. Prepare a diverse student body for business and professional careers by providing a
2. Provide a student centered environment, using technology to enhance student learning
3. Support faculty in applied and instructional research and service to the profession.
4. Serve primarily the metropolitan Atlanta area
(Required) Kapoor, Dlabay, and Hughes, Personal Finance, Seventh Edition, McGraw-Hill,
Optional: Wall Street Journal.
Calculator: Texas Instruments BAII Plus will be required. Only this calculator will be allowed
for use during the quizzes and exams. Programmable, cell phone, PDA, and graphing calculators
are not allowed in the course. Bring your TI BAII Plus calculator to class each day!!! Many
problems require the use of a financial calculator and a financial calculator is necessary to solve
these problems efficiently
Course Prerequisites: Junior Standing
Course Description (from 2004-06 catalogue): This course is designed to give a student the
knowledge and framework for developing a personal financial plan suitable for different
stages of life. It will also give business students a basic understanding of the complexities that
must be addressed by management on behalf of employees within the work environment. The
course addresses topics such as insurance, investments, loans, and retirement planning. It is also
open to all majors.
Learning Objectives (LOS):
LO 1: The student should know the basic financial planning concepts.
LO 2: The student should know the time value of money concepts.
LO 3: Acquire a good understanding of money management strategies.
LO 4: The student should understand banking services and credit management.
LO 5: The student should understand the basics of investment alternatives (stocks, bonds, mutual
funds, and real estate) and their risk-return characteristics.
LO 6: The student should know how to plan for retirement.
100-90 A, 80-89 B, 70-79 C, 60-69 D, 59-0 F
Four midterm exams 20@4 ……………………… 80%
Project Assignments and Quizzes……………………… 10%
Class participation ……………………………………… 10%
Absence during the semester Reduction in final letter grade for the course
Four class periods one letter grade
Five class periods two letter grades
Six or more class periods will be assigned an F
Exams: There will be four midterm exams and one optional and comprehensive final exam. All
exams will be closed-book-closed-notes and you are not allowed to share a calculator during
quizzes, and exams. It is the responsibility of each student to know and understand the subject
matter covered in each textbook chapter whether or not the specific material is covered in class.
You have to take the exams with the class you have registered. Exams may be a combination of
true/false, short answers, and problems. You must take the exams at the scheduled time. No
make-up exams will be given. If one of the midterm exams is missed, you have to take the
comprehensive final exam. Only one absence of the four midterm exams can be permitted.
Absence from any examinations, even when permitted or excused will count as one of the class
Project: Each student will do projects independently and submit written reports. The exact
nature of the assignments will be decided during the semester, depending on the interest of the
class and availability of time. Each assignment is due at the start of class on the scheduled date.
ITP Choice: Each CCSU student is required to have ready access throughout the semester to a
notebook computer that meets faculty-approved hardware and software requirements for the
student’s academic program. See http://itpchoice.clayton.edu/ for full details of this policy.
Course changes: This course syllabus provides a general plan for the course. The instructor
reserves the right to make periodic changes to the syllabus in order to accommodate the needs of
the class as a whole and fulfill the course objectives. If changes are made, it will be announced in
Other Information: Please observe good classroom etiquette: cell phones and pagers off;
computers off and closed unless being used in a classroom assignment.
Please feel free to seek individual assistance from the professor.
Be sure to check the School of Business Web site for academic & career advisement:
Tentative Course Outline
Week Date Topics
1 8/19 Ch. 1: Personal Finance Basics and the Time Value of Money
Appendix 1 (Time value of money)
8/21 Ch. 1: Personal Finance Basics and the Time Value of Money (Contd.)
Appendix 1 (Time value of money, Contd.)
2 8/26 Ch. 1: Personal Finance Basics and the Time Value of Money (Contd.)
Appendix 1 (Time value of money, Contd.)
8/28 Ch. 3: Money management strategy
3 9/2 Faculty Planning Day (no class)
9/4 Ch. 3: Money management strategy (Contd.)
4 9/9 Ch. 5: Financial Services
9/11 Ch. 5: Financial Services (Contd.)
5 9/16 Midterm Exam I
9/18 Ch. 13: Investing fundamentals
6 9/23 Ch. 13: Investing fundamentals (Contd.)
9/25 Ch. 14: Investing in stocks
7 9/30 Ch. 14: Investing in stocks (Contd.)
10/2 Ch. 14: Investing in stocks (Contd.)
8 10/7 Midterm Exam II
10/9 FMA Meeting (no class)
9 10/14 Ch. 15: Investing in bonds
10/16 Ch. 15: Investing in bonds (Contd.)
10 10/21 Ch. 16: Investing in mutual funds
10/23 Ch. 16: Investing in mutual funds (Contd.)
11 10/28 Ch. 17: Investing in real estate and other investment
10/30 Ch. 17: Investing in real estate and other investment (Contd.)
12 11/4 Midterm Exam III
11/6 Ch. 6: Introduction to consumer credit
13 11/11 Ch. 6: Introduction to consumer credit (Contd.)
11/13 Ch. 7: Choosing a source of credit
14 11/18 Ch. 7: Choosing a source of credit (Contd.)
11/20 Ch. 18: Retirement Planning
15 11/25 Ch. 18: Retirement Planning (Contd.)
11/27 Thanksgiving Break (no classes)
16 12/2 Ch. 18: Retirement Planning (Contd.)
12/4 Midterm Exam IV
The CSU policy concerning children in classes and on-campus:
Children are not permitted in classrooms.
Faculty will not allow children to be present in their classrooms. If a student brings children to
class, the student and children must be told to leave the classroom.
c Unattended children will not be permitted on-campus (in hallways, the gym, the library, outside
of buildings, etc.).
o Public Safety (770 961-3540) will be notified if unattended children are observed on campus.
If faculty or staff observe unattended children on-campus, they are responsible for informing
Public Safety. The campus police will take any unattended children to the classroom of the
parent, and will get the parent out of class. The parent will not be permitted to bring such
children into the classroom.
c Parents are referred to Campus Life (UC Room 258, 770 961-3510) for information concerning
childcare facilities off-campus.
Academic Integrity: Academic integrity is of paramount importance at Clayton State
University . Students are expected to abide by the Student Code of Conduct as outlined in the
University’s official Student Handbook.
Student Policies: Students are expected to abide by all policies in the University Catalog,
Student Handbook, and the list of Basic Student Responsibilities posted on the Registrar’s Web
Special Accommodations: Individuals with disabilities who need to request accommodations
or obtain this document in an alternative format, please contact the Disability Services
Coordinator, Student Center 214, 770-961-3719.