BUS 243T Personal Finance (Germany)
This course introduces students to the basic concepts and tools needed to make wise and informed personal financial decisions. The content of this course is presented from a practical point of view and with an emphasis on the consumer as the financial decision-maker. The primary objective of this course is to help students apply finance practices to their own life. For example, students will learn how to plan and manage personal finances, how to obtain credit to purchase a home or a car, and how to invest personal financial resources in stocks, bonds, and real estate. Students will also learn how to interpret financial and economic news that have an impact on personal finances. The travel component of this course will include visits to several cities in Germany such as Frankfurt and Berlin. During those visits, students will be introduced to financial institutions that are relevant for personal finance such as the ECB, the Frankfurt stock exchange, commercial banks, and wealth management and real estate firms.