GE1202Managing Your Personal Finance

What you will study

Course overview

Taught by finance experts from EF Department and renowned guest speakers, this course provides students with the basic conceptual framework and practical expertise of financial planning. People from all backgrounds have to plan and manage their personal financial matters at different stages of their lives. Personal finance is also equally pervasive in the ways people live, work, invest, manage their relations with their friends and family, and develop their sense of responsibility.Students will collect product information from financial institutions, critically analyse their features and make innovative recommendations to their clients from the perspective of a personal financial planner. They will understand difficulties and intricacies involved in financial planning. Students develop their attitude and ability of discovery and innovation from this edge-cut course and achieve their own accomplishment of discovery and innovation.This course uses individual assignments, group project and/ or presentations to practise students’ understanding of the financial planning and to discover their spirit of achieving financial independence.

Official PDF, page 2 · Abstract

Course content

1. Personal finance 2. Financial planning, career planning, Money Management Strategy 3. Consumer rights and Financial Services in the market 4. Sociological and behavioural factors in personal finance 5. Assessing your financial health 6. Managing your cash flows and debts credit card, mortgage loan, auto loan and personal loan 7. Financial markets, regulations, ethics and good practice 8. Stocks, bonds alternative investment products 9. Managing your investment portfolio 10. Insurance 11. Retirement and Estate Planning

Official PDF, page 6 · Keyword Syllabus

Intended learning outcomes

View official learning outcomes and conditions

CILOs                                              Weighting (if DEC-A1          DEC-A2          DEC-A3
                                                                  app.)
1              Discuss the decisions involved in financial         20             x              x
               planning and the importance of financial
               planning as part of the broader scheme of life
               planning;
2              Describe and compare the characteristics of        20                            x               x
               financial planning products in the market;
3              Analyze the psychological and sociological         15             x                              x
               factors that can influence consumer and
               investor behaviour;
4              Describe how ethical and regulatory            15                                                x
               considerations, such as those related to
               consumer rights and protection, affect financial
               planning; Apply these standards to critically
               comment on unscrupulous business practices,
               i.e. Lehman Bonds sale in Hong Kong.
5              Demonstrate the ability of combining           30                 x              x               x
               knowledge from various related disciplines in
               making appropriate personal finance decisions*.

Official PDF, page 2 · Course Intended Learning Outcomes (CILOs)

Before you take this course

Check prerequisites, precursors and corequisites separately, together with equivalence and exclusion conditions. “and” means conditions must be met together; “or” marks alternatives. Read combined conditions in the groupings shown in the original text below.

Prerequisites

Nil

Official PDF, page 1 · Prerequisites

Precursors

Nil

Official PDF, page 1 · Precursors

Corequisites

This edition of the official syllabus does not state this item.

Additional course requirements

This edition of the official syllabus does not state this item.

Equivalent courses and conditions

Nil

Official PDF, page 1 · Equivalent Courses

Exclusive courses and conditions

Nil

Official PDF, page 1 · Exclusive Courses

Assessment and passing the course

Assessment

Continuous Assessment (%): 55; Examination (%): 45; Examination Duration (Hours): 2

View the original assessment table and instructions

ATs                  CILO No.                Weighting (%)          Remarks ("-" for   Allow Use of
                                                                                          nil entry)         GenAI?
1                     Individual           1, 2, 3, 4, 5           10                     -                  Yes
                      assignments
2                     Group project and/ 1, 2, 3, 4, 5             30                     -                  Yes
                      or presentation
3                     Midterm test         1, 2, 3, 4, 5           15                     -                  No

Official PDF, page 3 · Continuous Assessment (%),Examination (%),Examination Duration (Hours)

Passing requirements

Students are required to pass both coursework and examination components in order to pass the course.

Official PDF, page 4 · Additional Information for ATs