FIN4004 - Personal Financial Planning

學分: 3
時間: 45小時
先修單元: FIN2001 Financial Management or with the Instructor’s permission and upon endorsement of the relevant Head and Programme Director
This module provides students with the essential concepts and principles of personal financial planning and to develop the necessary analytical concepts to design and manage a personal financial plan. Topics include concepts of financial planning, investment, insurance, retirement planning, estate planning and basic taxation.
Upon completion of this module, students should be able to:

  1. define personal financial planning, wealth management and total life planning;

  2. describe the steps and process in financial planning, capture the importance of professional ethics and conduct in financial planning;

  3. identify the importance of time value of money and its application on investment planning, perform asset valuation and basic financial ratio calculation;

  4. obtain the basic concepts of risk and insurance;

  5. capture the principles of retirement planning;

  6. capture the concept of an estate and distinguish between a probate estate and non-probate estate; and

  7. demonstrate the basics of tax planning and its role in financial planning.