Oklahoma Career Clusters - Course Development Guide

Course Title

Business & Personal Finance

Course Description

This course will provide students with the skills to manage personal finances, identify the characteristics of effective business financial goals, and examine the organization and activities of commercial banks and other financial institutions. Students will examine case studies and complete teamwork projects which require critical thinking for the financial aspect of business in banks, other financial institutions, business insurance, and the operations of technology and financial management in the global setting. The knowledge and skills outlined in Business and Personal Finance may be taught in conjunction with the standards set forth in the Passport to Financial Literacy Act of 2007 (70 O.S. 11--103.6h). However, Personal Finance is the course specifically designed to meet this requirement.

Contact

Judy Kirtley
Program Specialist
Business, Marketing and Information Technology Education
1500 West Seventh Avenue
Stillwater, OK 74074-4364
jkirt@okcareertech.org Phone:405-743-5419

OCAS Codes	OHLAP Credit	Course Length	Prerequisites
8461	No	120 Hours The 120 hours is based on a Carnegie unit, which accounts for 175 forty-five (45) minute class periods per school year.	8401/8402 Business and Information Technology (Core) Fundamentals of Administrative Technologies Fundamentals of Administrative Technologies II

Knowledge and Skills


Pay, Benefits, Working Conditions	Investments
Federal Income Tax	Retirement and Estate Planning
Budgeting	Credit Management
Legal Contracts	Resource Management
Checking Accounts	Risk Management
Savings	Consumer Rights and Responsibilities
Financial Management Planning for Business Activities	Financial Budgeting for Business
Financial Records in the Business Setting	Business Expansion Strategies
Debt and Equity Financing	Banks and Other Financial Institutions
Customer Credit	Business Insurance
International Business	Technology Use in Business Finance

Accountability Measures, Assessments, or Evaluation Procedures

Required Brainbench Certifications:

Business Math
Consumer Finance

Investment Concepts

Recommended Additional Competency Testing:

Accounts Payable Fundamentals
Accounts Receivable/Billing Fundamentals
Bookkeeping Fundamentals
Payroll Fundamentals

Industry Alignments

Brainbench or Certified Financial Planner

Candidates must also complete qualifying work experience for CFP Certification.

Curriculum Resources

Ryan. Managing Your Personal Finances, Fifth Edition. Thomson/South-Western, ISBN # 0-538-44175-5, 2006.

Labay & Burrow. Business Finance. Thomson/South-Western, ISBN-13: 978-0-538-44507-8, 2008.
Donnelly. On Your Own, A Personal Budgeting, Simulation.Thomson/South-Western,
ISBN # 0-538-43680-8, 2004.
Stowell, et al., Family Financial Management, Seventh Edition. Thomson/South-Western, ISBN# 0-538-43804-5, 2005.
Center for Financial Training, Banking Systems. Thomson/South-Western, ISBN-0-538-44089-9, 2005.
National Association of Investors Corporation. BetterInvesting, Investing In Your Future 2E. Thomson/South-Western, ISBN-13:978-0-538-43881-0, 2007.
Crews, Bena B. Fundamentals of Insurance. Thomson/South-Western, ISBN-0538-43201-2, 2003.
Gerver, Robert K. Financial Math Review. Thomson/South-Western. ISBN-0538-44021-X.
Dlabay&Scott. International Business, 3E.Thomson/South-Wetern, ISBN-0-538-72860-4.

Available: http://www.cengage.com/

Kapoor, Jack; Dlabay, Les, and Hughes, Robert. Business and Personal Finance. McGraw-Hill/Glencoe. ISBN-0078687128, 2007.
Allen, Kathleen and Meyer, Earl. Entrepreneurship and Small Business Management. McGraw-Hill/Glencoe. ISBN-0-07-861303-5, 2006.

Available: www.glencoe.com