CCRI

Department of Business Administration
Flanagan Campus
January 2003
Dear Student:
           Welcome to CCRI and the Personal Finance telecourse offered by the Department of Business Administration.
           A TV course is very convenient but no less challenging than being on campus in person.  This course can be rewarding only if you plan your time well and then personally insist that the plan be implemented.  Let nothing detract you.  Personal finance is especially important because it can help you to use your income more effectively.  This certainly is a worthwhile goal.
           Attached is a comprehensive syllabus.  Please read it carefully and thoroughly.  It contains all the information needed to work through this course. If you still have questions, don’t hesitate to call.
           I hope you enjoy a rewarding semester.
 Professor John S. Renza, Jr.
 CPA
COMMUNITY COLLEGE OF RHODE ISLAND
SPRING 2003
SYLLABUS
PERSONAL FINANCE - TELECOURSE - BUSN-1040-371
INSTRUCTOR/COORDINATOR
Professor John Renza – Department of Business Administration
Telephone:  333-7387 / 274-2001 / 455-6113
Office:  Room 1206 – Flanagan Campus – Lincoln, Rhode Island
Office Hours:  By appointment
E-Mail Address:      jrenza@ccri.edu
Telecourse Office E-Mail Address:    ykadelski@ccri.edu
NOTES
Professor Renza will be available by telephone.  If contact is not made, leave your number for a return call.  He will also be available by appointment to students who wish to confer with him in his office.
The instructor reserves the right to modify the course requirements, assignments, grading procedures, and other related policies as circumstances may dictate.
TEXTBOOKS
Text:          Personal Finance, 8th Edition by Robert S. Rosefsky
Study Guide:      Telecourse Study Guide to Accompany Personal Finance
Students are required to purchase both a textbook and a study guide from the Community College of   Rhode Island bookstore.  The bookstore addresses and telephone numbers are as follows:
CCRI - Flanagan Bookstore CCRI - Knight Bookstore
1762 Louisquisset Pike 400 East Avenue
Lincoln, RI 02865-4585 Warwick, RI 02886-1805
(401) 333-7010  (401) 825-2134
ORIENTATION AND SEMINARS
An orientation and one (1) seminar are scheduled as part of the telecourse.  The orientation is designed to inform students how the telecourse functions and is administered.  It can be helpful.  The seminar is intended to reinforce your learning, to present practical experiences, and to answer your questions and also to administer the mid-term exam.
The schedule of meetings are as follows:
Orientation Thursday February 6, 2003 6-8pm Flanagan Campus
Room 2710
Seminar I
& Mid-Term Exam
Thursday April 3, 2003 6-8pm Flanagan Campus
Room 1828
 
EXAMINATIONS
You will be required to complete one (1) examination during the semester.  The mid-term will be given during the seminar on Thursday, April 3, 2003. The final exam will be taken at the Flanagan Campus in Lincoln.
EXAM ANSWER SHEETS
Answer sheets will be machine-graded and must be completed with a #2 pencil.  The pencil mark for each answer must fill the space provided so that the grading machine will read the mark.  Light pencil marks will cause inaccurate grading.
 ISSUANCE OF EXAM GRADES
Exam grades will be mailed to you as soon as possible after the mid-term.  The instructor will keep all answer sheets.  If you have questions, call during office hours, e-mail or write. 
 Professor John S. Renza, Jr., CPA
 Community College of Rhode Island
 Flanagan Campus
 Department of Business Administration
 1762 Louisquisset Pike
 Lincoln, RI  02865
 GRADING
Mid-Term Exam
25%
Written assignment will count
25%
Final exam will count
50%
 WRITING ASSIGNMENT - DUE BY THURSDAY – APRIL 30, 2003
The student will assume that he/she has inherited $100,000.  The only stipulation being that the money must be placed in an investment portfolio and that this portfolio must increase in value to at least $200,000, before any of the interest or dividends can be spent for personal use.  At no time can the principle be spent.
Your assignment is to develop a portfolio made of stocks, bonds, mutual funds, and/or commercial real estate.  Determine what portion of the money is to be invested in each area and make some realistic projection as to how long it will take to reach your goal.
This paper is to be not less than four (4) pages in length and must be typed and double-spaced.