Financial Planning

This course introduces students to the fundamental concepts and practices involved in creating comprehensive financial plans for individuals and businesses. This course covers key topics such as budgeting, investment strategies, retirement planning, risk management, tax planning, and estate planning. Students will learn how to assess financial goals, develop actionable strategies, and use financial tools to help clients achieve their objectives. Through case studies, simulations, and practical exercises, students will gain hands-on experience in constructing financial plans that integrate various aspects of personal and corporate finance.

Upon successful completion of this course, students will be able to:

• Comprehensive Financial Planning: Students will learn how to create holistic financial plans that address a client’s short-term and long-term financial goals, including budgeting, savings, and investment strategies.
• Investment and Risk Management: Gain proficiency in evaluating investment options and risk management strategies, including asset allocation, diversification, and the use of insurance products to mitigate risk.
• Retirement and Estate Planning: Learn the principles of retirement and estate planning, including tax-deferred savings plans, pension funds, wills, and trusts, and how to integrate them into a comprehensive financial plan.
• Tax and Legal Considerations: Understand the importance of tax planning and legal frameworks in financial planning, ensuring compliance with tax regulations and protecting assets through informed financial decisions.

These outcomes aim to prepare students for careers in financial planning, equipping them with the tools and knowledge to advise clients on managing their financial resources effectively and achieving their financial objectives.