Module Descriptors
PERSONAL FINANCE
ACCT50111
Key Facts
Faculty of Business, Education and Law
Level 5
15 credits
Contact
Leader: Helen Buttery
Email: H.Buttery@staffs.ac.uk
Hours of Study
Scheduled Learning and Teaching Activities: 36
Independent Study Hours: 114
Total Learning Hours: 150
Assessment
- ASSIGNMENT weighted at 100%
Module Details
Module Additional Assessment Details
An assignment of not more than 2000 words - 100% testing all learning outcomes
An individual assignment of not more than 2000 words consisting of tasks which require students to demonstrate their knowledge and understanding of the personal finance market and the financial implications of undertaking a course of Higher Education. The assignment will also require the students to analyse the benefits and inherent risks associated with long term personal financing and investing and calculate personal income tax obligations.
An individual assignment of not more than 2000 words consisting of tasks which require students to demonstrate their knowledge and understanding of the personal finance market and the financial implications of undertaking a course of Higher Education. The assignment will also require the students to analyse the benefits and inherent risks associated with long term personal financing and investing and calculate personal income tax obligations.
Module Texts
Quality newspapers such as The Daily Telegraph, The Guardian and The Independent.
Financial Times (Library)
Callaghan, G; Fribbance I and Higginson M (2007) Personal Finance, John Wiley & Sons Ltd (ISBN 0-470-02855-6) (Recommend Text)
Harrison D (2005) Personal Financial Planning: Theory and Practice, Financial Times/Prentice Hall (ISBN 0-273-68101-X)
Financial Times (Library)
Callaghan, G; Fribbance I and Higginson M (2007) Personal Finance, John Wiley & Sons Ltd (ISBN 0-470-02855-6) (Recommend Text)
Harrison D (2005) Personal Financial Planning: Theory and Practice, Financial Times/Prentice Hall (ISBN 0-273-68101-X)
Module Resources
The University Library and learning resources
The module website
Electronic data bases such as EBSCO
BBC News and business web sites
Newspaper web sites
Brochures and booklets published by financial service providers.
The module website
Electronic data bases such as EBSCO
BBC News and business web sites
Newspaper web sites
Brochures and booklets published by financial service providers.
Module Learning Strategies
Tutor led - 36 hours
114 hours of student centred activities involving reading, self assessed exercises, case study analysis, computer assisted learning, assignment work and revision
24 hours of formal lectures/large group activity
12 hours of tutorials
114 hours of student centred activities involving reading, self assessed exercises, case study analysis, computer assisted learning, assignment work and revision
24 hours of formal lectures/large group activity
12 hours of tutorials
Module Indicative Content
This module introduces you to the workings of the financial sector. You will study the U.K. banking system, in particular the structure of the major players and the way in which clearing banks operate. Similarly the nature and role of building societies will be studied, particularly with regard to long term personal finance, including home loans. Issues concerning the Student Loan Company, education grants and loans will be examined. You will also be given an introduction to personal loans and personal credit card management, personal investing, insurance, assurance, annuities, endowments, pensions, and savings-linked long term finance. The module concludes with a brief guide to income tax.