RISK, INSURANCE & FINANCIAL PLANNING
COMM 323
Winter
2020
|
INSTRUCTOR |
Jing Chen |
|
EMAIL |
chenj@unbc.ca |
|
Office |
10-4534 |
|
Office hours |
Th 1:30 to
2:20 or by appointment |
|
Phone |
250 960 6480 |
|
Class time |
M 2:30 to 5:20 |
|
Class location |
10-4588 |
WEBSITE: http://web.unbc.ca/~chenj/course/syllabus323.htm
COURSE DESCRIPTION
This course
deals with the concepts of
risk and business risk management, the various kinds of insurance including
life, health and property and liability. Financial planning for the individual
and employees including pension plans, taxation issues and real asset
investment decisions including real estate.
The course will
provide broad overview of concepts in financial planning process and financial
decision making for individuals. Topics covered found in the course schedule
include the professional and ethical responsibilities associated with the role
of financial planner and an understanding of the structures of the financial
planning industry is also reviewed. This course integrates material that is
used to prepare for the Certified Financial Planner (CFP) examination that is
set by the Financial Planners Standard Council.
COURSE OBJECTIVES
On completion of this course, students are
expected to have mastered the strategies for financial planning and financial
planning processes. Specifically students will:
·
Understand the techniques for personal financial planning and the
useful financial products.
·
Acquire the professional knowledge useful for using the tax concept for
financial Planning.
·
Master the concepts of retirement and estate planning as well as
knowing the various financial services available.
REQUIRED TEXTS & RECOMMEDNED READING MATERIALS
Personal
Finance. Fourth Canadian Edition. J. Madura & H.S Gill. Pearson
COURSE ASSIGNMENTS, EXAMS AND GRADE WEIGHTING
|
Evaluation Criteria |
Grade Weight |
|
Mid-Term Exam |
30% |
|
Final Exam |
40% |
|
Group presentation |
20% |
|
Class participation |
10% |
|
Total |
100% |
Each group will have up to six members. They will present a forty minute long report related to personal finance at the end of the term. An electronic copy of the written report should be submitted at the day of presentation. Grading guideline: Contents: 10 points. Presentation: 5 points. Paper: 5 points.
The examinations
will cover all contents discussed in the course, including contents from
student presentations. The style of the questions in the exams will be similar
to those in the homework and the review.
Class participation
will be mainly based upon the number of times you come up to present your
homework solutions.
COURSE SCHEDULE
|
Date |
Topic |
Chapter |
|
Jan
6 |
Chapter 1,2 |
|
|
Jan
13 |
Chapter 4 |
|
|
Jan
20 |
Chapter 14 |
|
|
Jan 27 |
Chapter 14 |
|
|
Feb
3 |
Chapter 5 |
|
|
Feb
10 |
Mid-term |
|
|
Feb
24 |
Chapter 6, Chapter 7 |
|
|
Mar
2 |
Chapter 8, 9 |
|
|
Mar
9 |
Chapter 10/11 |
|
|
Mar
16 |
|
|
|
Mar
23 |
Group presentations |
|
|
Mar
30 |
Group presentations |
|
|
Apr
6 |
Final Exam Review |
|
|
TBA |
Final Exam |
|
ASSURANCE OF LEARNING GOALS AND OBJECTIVES
|
|
COMM 323 |
|||||
|
Goals |
Objectives |
Introduce |
Emphasize |
Reinforce |
Partial |
Assessed By |
|
Communication |
Produce a concise and
logical piece of written communication |
|
* |
|
Project
and exam |
|
|
|
Create and conduct a clear
and effective oral presentation |
|
|
* |
|
Project |
|
|
Generate new and original
ideas |
|
* |
|
Project
and discussion |
|
|
|
Prepare an effective presentation
of data |
|
* |
|
|
Project |
|
Global Leadership |
Apply a global perspective
to business problems |
* |
|
|
Project
and exam |
|
|
|
Demonstrate how to inspire
people |
|
* |
|
|
Project
and discussion |
|
|
Determine how to manage a
team |
|
|
|
|
|
|
|
Use ideas that are new to
them |
|
* |
|
Project
and exam |
|
|
|
Express how to
diplomatically interact (act) with people |
|
|
|
|
|
|
Critical thinking |
Analyze business situations |
|
* |
|
Project
and discussion |
|
|
|
Explain the cause and
effect of business actions |
|
|
* |
|
Project
and discussion |
|
|
Determine how to achieve
business goals |
|
* |
|
Project
and discussion |
|
|
|
Identify the veracity of
data |
|
|
|
|
|
|
Social Responsibility |
Demonstrate the importance
of SR (economic, social and environmental) |
|
|
* |
|
Project |
|
|
Recognize the role of
ethics in business practices and social responsibilities |
|
* |
|
Project
and discussion |
|
|
Technical Skills |
Use appropriate
technological tools for computation of business problems |
|
* |
|
Project
and discussion |
|
|
|
Identify relevant systems
for businesses |
|
|
* |
|
Project |
|
|
Apply technological tools
for data analysis and business decisions |
|
* |
|
Project
and discussion |
|
The School of Business has been working
on curriculum mapping to align our offerings with the vision of �Fostering
Business Leadership with a Global Vision in the North and Beyond� and to
maintain our high quality of Business education at UNBC. Toward this end, the school has set the learning goals and
objectives listed below for the BCOMM program.
|
Learning
Goals |
Learning
Objectives |
Goals and
objectives addressed in COMM 323 |
Assessed
by |
|
Communication |
Produce a concise and logical piece of written communication |
* |
Project
and exam |
|
Create and conduct a clear and effective oral presentation |
* |
Project |
|
|
Generate new and original ideas |
* |
Project
and discussion |
|
|
Prepare an effective presentation of data |
* |
Project |
|
|
Global Leadership Skills |
Apply a global perspective to business problems |
* |
Project
and exam |
|
Demonstrate how to inspire people |
* |
Project
and discussion |
|
|
Determine how to manage a team |
* |
Project |
|
|
Use ideas that are new to them |
* |
Project
and exam |
|
|
Express how to diplomatically interact (act) with people |
* |
Project |
|
|
Critical Thinking |
Analyze business situations |
* |
Project
and discussion |
|
Explain the cause and effect of business actions |
* |
Project
and discussion |
|
|
Investigate the veracity of business data |
|
|
|
|
Determine how to achieve business goals |
* |
Project
and discussion |
|
|
Social Responsibility |
Demonstrate the importance of SR (economic, social and
environmental) |
* |
Project |
|
Recognize the role of ethics in business practices and social
responsibilities |
* |
||
|
Use of Technology |
Use appropriate technological tools for computation of business
problems |
* |
Project
and discussion |
|
Identify relevant systems for businesses |
* |
Project |
|
|
Apply technological tools for data analysis and business
decisions |
* |
Project
and discussion |
PAPER FORMAT
· Adherence to all
academic standards and forms is expected. Of particular note are the use of the
third person in all assignments; the proper citation of sources; inclusion of
bibliographies; and the
use
of proper spelling and grammar.
· All submissions are to
use 12-point font, double-spaced.
·
Page
numbers are required – their use greatly assists in quickly determining missing
pages.
Conduct in
Examinations
Students
must present appropriate identification upon entering the examination room.
Appropriate identification is defined as a UNBC student card and/or some other
form of photo identification acceptable to the proctor. The following
regulations (Regulation 40 Undergrad Calendar) apply to the conduct of
examinations:
- Books,
papers, or other materials or devices must not be in the possession of the
student during an exam except by the express permission of the
examiner. No laptop computers, no cell phones, handheld electronic
devices or the like may be in possession of the student in the examination
room.
- No
candidate is permitted to enter the examination room more than 30 minutes
after the beginning of the examination, or permitted to leave within 30
minutes after the examination has started.
- Candidates
must not communicate in any way with other candidates in the examination
room.
- Candidates
must not leave their seats, except when granted permission by the proctor.
- Candidates
must turn in all materials, including rough work, upon leaving the
examination room.
- Food
and beverages other than water are not permitted in the examination room.
MISSING A MIDTERM OR
EXAM
Advance
notice must be given when a student is unable to appear for an
examination. Only duly authenticated
bereavement, illness and legitimate reasons are admissible justifications for
absence from a scheduled examination (e.g. Writing an LSAT or CPA exam and
there is a time conflict).
PLEASE Do not
schedule travelS during the SEMESTER that may conflict with your QUIZZES,
ASSIGNMENTS, MID-TERM OR final examS!
IF YOU
HAVE MISSED A FINAL EXAMINATION
Satisfactory explanation, with supporting documentation as
appropriate, for any final examination missed must be made by the student or
designate to the Office of the Registrar within 48 hours from the time the
examination was written.
Within 48 hours of receiving a submission, the Registrar or designate may
direct the Program under which the course is offered to arrange the writing of
a special examination in the case of an examination which was missed.
Normally, for explanations of sickness, a doctor's certification is required.
(Regulation 43. Undergraduate Calendar)
Plagiarism
and Academic Misconduct
It
is the student's responsibility to be aware of UNBC's Academic regulations, policies
and procedures as described in Section 45 of the Undergraduate Academic
Calendar. Please refer to the UNBC
website.
http://www.unbc.ca/calendar/undergraduate/regulations
A definition of academic misconduct includes:
Cheating (using unauthorized material,
information, or study aids in academic exercise), plagiarism, falsification of
records, unauthorized possession of examinations, intimidation and any and all
other actions that may improperly affect the evaluation of a student's academic
performance or achievement, assisting others in any act, submission of the same
work for grades in two courses without permission of the instructor or attempts
to engage in such acts.
The regulations on plagiarism apply to all
material submitted for a grade: essays, exams, assignments, cases,
presentations, quizzes, and practice sets. Any case of suspected academic
misconduct will be reported to the campus registrar. If the student is found
guilty of academic misconduct there are both grade penalties and disciplinary
penalties. Before there is any intention (on your part) or suspicion (on the
part of your instructor or your peers) of wrongdoing, please see the instructor
to discuss any problems of this nature. If your paper closely resembles a paper
from this class or any other class (either written by you or another student,
in this semester or any other), this will be considered an infraction of the
academic misconduct code.
|
Respect |
Please demonstrate respect to your fellow students who express
their thoughts and explore new ideas in the course.
Ethical
Standards
The following behaviors
are considered unethical:
· Telling the instructor
that you "need" a certain grade
· Asking for extra
assignments for the purpose of raising a grade
· Asking that the grade
be raised because it is very close to the next higher grade
· Asking that the grade
be raised because you did very well on one part of the course or grading
scheme
· Asking for a higher
grade because you don't like the grading scheme
· Asking to be allowed to
turn in an assignment late - even a few minutes late - because of
computer or printer problems or any other
reason
· Asking to be treated
better than other students by making an exception to the rules
· Asking for any other
unfair advantage in grading.
|
MISSED Quizzes/Midterms |
If
you have missed and an assignment, a quiz or midterm, the student should
contact the instructor immediately.
|
FINAL
Exams |
In addition to the above
comments on examinations, please see the calendar regarding details on UNBC
expectations. Please refer to Section 39
of the Undergraduate Academic Calendar.
`
|
Access Resource Centre |
If there are students in this course who, because of a disability, may
have a need for special academic accommodations, please feel free to meet with
the instructor to review your specific needs or contact the Access Resources
Centre located in the Teaching and Learning Centre, Main Floor West Block Room
10-1048 Tel 250-960-5682 or via
email arc@unbc.ca For more information, please visit their
website www.unbc.ca/arc
|
Academic Advising |
For academic advising please contact the
Recruitment and Advising Centre Room 7-714, by email: advising@unbc.ca or via phone at
250-960-6494.
Access
Success Centre
For tutoring online or in person; download handouts on writing,
math, and referencing; receive study assistance; and much more, please see the
Learning Skills Centre. Their website is www.unbc.ca/asc
The Academic Success Centre is
committed to supporting and enhancing student learning and to providing the
skills students will need to become life-long learners. Through collaborative partnerships,
we offer services and resources that empower students to take responsibility
for their own learning. Our students' success is our ultimate measure of
accomplishment.
This site provides you
with access to:
·
Free online tutoring
·
Downloadable handouts for writing, study skills,
math, and presentation skills
·
Access to self assessment sites for learning
styles, grammar, math, etc.
·
Information about face-to-face tutoring and how to
book an appointment
·
Special programs and workshops offered through the
Centre
For
more information, please contact the Academic Success Centre located in the
Teaching and Learning Building, Room 10-2584
or via Tel 250-960-6367 Fax
250-960-5425 or via email asc@unbc.ca. Their website is www.unbc.ca/asc
Math
Academic Centre for Excellence (MACE)
The Mathematical
Academic Centre for Excellence (MACE) is a student-centred space dedicated to
students taking math-based courses. MACE is a space for working on problems
alone or in groups or for getting help from tutors, teaching assistants, and
faculty who are available at scheduled times. MACE tutors can be identified by
their green ties embroidered with the MACE frog.
Students go to MACE
to do practice problems, work in study groups, do math problems related to
science and business courses, receive help, and discuss math concepts. MACE is
located in room 10-2088 in the Teaching and Learning building.