Personal Finance

I.     Course Prefix/Number: BUS 110

       Course Name: Personal Finance

       Credits: 3 (3 lecture; 0 lab)

II.    Prerequisite


III.   Course (Catalog) Description

Course presents overview of personal and family financial planning.  Topics focus on financial record-keeping, planning one’s spending, consumer credit, tax planning, making buying decisions, purchasing insurance, selecting investments, and retirement and estate planning.

IV.   Learning Objectives

  1. Acquire financial knowledge to manage personal finances.
  2. Develop financial skills and use financial tools for personal financial management.
  3. Learn to apply personal financial knowledge in distinguishing between needs and wants, and how to best satisfy them.
  4. Prepare himself/herself for reaching reasonable financial security.

V.    Academic Integrity and Student Conduct

Students and employees at Oakton Community College are required to demonstrate academic integrity and follow Oakton's Code of Academic Conduct. This code prohibits:

• cheating,
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.

There are serious consequences to violations of the academic integrity policy. Oakton's policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.

Please review the Code of Academic Conduct and the Code of Student Conduct, both located online at

VI.   Sequence of Topics

1 Personal Financial Planning
2 Financial Aspects of Career Planning
3 Money Management
4 Planning Your Tax Strategy
TEST 1 (Chapters 1-4)
5 The Banking Services of Financial Institutions
6 Introduction to Consumer Credit
7 Choosing a Source of Credit
8 Consumer Purchasing Strategies
9 The Finances of Housing
TEST II (Chapters 5-9)
10 Home & Automobile Insurance
11 Health & Disability Insurance
12 Life Insurance
TEST III (Chapters 10-12)
13 Fundamentals of Investing
14 Investing in Stocks
15 Investing in Bonds
16 Investing in Mutual Funds
TEST IV (Chapters 13-16)
17 Real Estate & Other Investment Alternatives
18 Retirement Planning
19 Estate Planning
TEST V (Chapters 17-19)

VII.  Methods of Instruction

Presentation will include lecture, class discussion, films, exercises and case studies.
Course may be taught as face-to-face, hybrid or online course.

VIII. Course Practices Required

  1. Reading Assignments
  2. Written Assignments
  3. Case Studies
  4. Homework Chapter Assignments

IX.   Instructional Materials

Note: Current textbook information for each course and section is available on Oakton's Schedule of Classes.

Required Text:
Personal Finance, by Drs. Jack R. Kapoor, Les R. Dlabay and Robert J. Hughes; Irwin-McGraw Hill, Inc.  Sixth Edition.

Supplemental readings form Money, The Changing Times,  The Wall Street Journal, and Consumer Reports in your local library.

Note:  Current textbook information for each course and section is available on Oakton’s Schedule of Classes.

X.    Methods of Evaluating Student Progress

Grades are based on the exams, written assignments, classroom attendance and classroom presentations as assigned by the instructor.

XI.   Other Course Information

If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the Access and Disability Resource Center at the Des Plaines or Skokie campus. All students are expected to fulfill essential course requirements. The College will not waive any essential skill or requirement of a course or degree program.

Oakton Community College is committed to maintaining a campus environment emphasizing the dignity and worth of all members of the community, and complies with all federal and state Title IX requirements.

Resources and support for
  • pregnancy-related and parenting accommodations; and
  • victims of sexual misconduct
can be found at

Resources and support for LGBTQ+ students can be found at

Electronic video and/or audio recording is not permitted during class unless the student obtains written permission from the instructor. In cases where recordings are allowed, such content is restricted to personal use only. Any distribution of such recordings is strictly prohibited. Personal use is defined as use by an individual student for the purpose of studying or completing course assignments.

For students who have been approved for audio and/or video recording of lectures and other classroom activities as a reasonable accommodation by Oakton’s Access Disabilities Resource Center (ADRC), applicable federal law requires instructors to permit those recordings. Such recordings are also limited to personal use. Any distribution of such recordings is strictly prohibited.

Violation of this policy will result in disciplinary action through the Code of Student Conduct.