Course Title: Financial Management

(1)

Course Title: Financial Management

Unit:

Budgeting

Content

Standard(s) and

Depth of

Knowledge

Level(s):

Students will:

1. Analyze financial data to develop budgetary plans and interpret financial data. • Creating charts, graphs, and tables using financial data

• Analyzing budgets to determine future financial needs

• Determining cash flow, profit margin, and cost-benefit analysis

2. Evaluate income, savings, and investment opportunities to create a budget that meets short-term and long-term goals.

Learning

Objective(s) and

Depth of

Knowledge

Level(s):

The students will:

1.

Create and prepare a budget using estimated income, estimated expenses, and savings goals.

2.

Analyze and evaluate the four types of personal records: income and expense records, a net worth statement, a personal property

inventory, and tax records.

3.

Compare and contrast the differences between assets and liabilities as it relates to net worth.

4.

Compare and contrast the differences between an expressed or an implied contract.

Essential

Question(s):

What information do students need in order to create a financial budget?

Content Knowledge

Suggested Instructional Activities Rigor &

Relevance Framework (Quadrant)

Suggested Materials, Equipment and

Technology Resources

1. Financial Budget

2. Investment Plan

3. Expressed Contract

4. Implied Contract

5. Expense Records

6. Net Worth Statement

7. Property Inventory

5 + 1 Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking

Oral Presentation-2 minute talk Video

Job Analysis KWHL

Textbooks/Workbooks Presenters

Presentation & Word Processing Software Rubrics

Job Analysis Form Interactive Whiteboards Videos

Financial Planning Software Calculator

(2)

Unit

Assessment:

Short Investigations, Research Projects and Presentation, Oral Presentations, Participation in Discussion, Investment Plan, Quizzes, and Tests

Unit/Course

CTSO Activity:

CTSO members will sponsor or participate in the national Stock Market Investment Project. CTSO members will tour an Investment Firm.

Unit/Course

Culminating

Product:

PowerPoint presentation on Financial Investment Stock Market Investment Project Portfolio Mock Corporate Budget and Analysis

(3)

Course Title: Financial Management

Unit:

Investments and Risk Management

Content

Standard(s) and

Depth of

Knowledge

Level(s):

Students will:

3. Evaluate risk management options available to consumers and entrepreneurs for protection against financial loss.

4. Utilize mathematics skills to analyze the risk, interest rate return, and liquidity for savings and investment alternatives.

Learning

Objective(s) and

Depth of

Knowledge

Level(s):

Students will:

1.

Evaluate and create an investment plan.

2.

Analyze the following types of investments:

•

Low-risk investment options

•

Medium-risk investment options

•

High-risk investment options

3.

Create and construct a risk management plan.

4.

Differentiate between health and life insurance as well as how it relates to risk management.

5.

Compare and contrast the differences between property and liability insurance.

6.

Analyze the differences between automobile and umbrella liability insurance.

7.

Compare and contrast disability and life insurance.

8.

Compare and contrast Medicare and Medicaid.

9.

Analyze and evaluate group and individual health plans.

Essential

Question(s):

How should young people invest their money?

Content Knowledge

Suggested Instructional Activities Rigor &

Relevance Framework (Quadrant)

Suggested Materials, Equipment and

Technology Resources

1.

Insurance Terminology

2.

Risk Management Plans

3.

Health Plans

4.

Liability Insurance

5.

Automobile and Umbrella Insurance

6.

Medicare vs. Medicaid Group Investigation Collaborative Learning Guest Speakers Research Note taking

Oral Presentation-2 minute talk Video

Textbooks/Workbooks

Interactive Whiteboards Internet Sites

(4)

7.

Group vs. Individual health plans

8.

Investment Planning Job Analysis KWHL

Printer

LDC Projector

Unit

Assessment:

Research Projects and Presentation, Oral Presentations, Participation in Discussion, Risk Management Plan, Investment Plan Quizzes, and Tests

Unit/Course

CTSO Activity:

CTSO members will sponsor or participate in the national Stock Market Investment Project. CTSO members will tour an Investment Firm.

Unit/Course

Culminating

Product:

PowerPoint presentation on Financial Investments Stock Market Investment Project Portfolio

Mock Corporate Budget and Analysis

(5)

Course Title: Financial Management

Unit:

Communication

Content

Standard(s) and

Depth of

Knowledge

Level(s):

Students will:

5. Demonstrate skills needed to effectively organize and communicate financial information. Examples: formal and informal presentations, memoranda

Learning

Objective(s) and

Depth of

Knowledge

Level(s):

Students will:

1.

Produce and communicate financial information through:

•

short and long speeches

•

formal and informal presentations

•

written financial memoranda

2.

Analyze financial information.

3.

Create a presentation using financial information.

Essential

Question(s):

How can business people communicate financial information effectively?

Content Knowledge

Suggested Instructional Activities Rigor &

Relevance Framework (Quadrant)

Suggested Materials, Equipment and

Technology Resources

1.

Financial-related memoranda

2.

Creating PowerPoint Presentations

3.

Short informal & formal speeches

4.

Long formal & informal speeches

5.

Analyze financial information

5 + 1 Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking Oral Presentations Video Textbooks/Workbooks Presenters

Interactive Whiteboard Videos

Unit

Assessment:

(6)

Unit/Course

CTSO Activity:

CTSO will participate and sponsor a financial literacy workshop for students, teachers, and their families.

Unit/Course

Culminating

Product:

Presentation that includes complex financial information

Speech

(7)

Course Title: Financial Management

Unit:

Financial Management

Content

Standard(s) and

Depth of

Knowledge

Level(s):

Students will:

6. Apply organizational skills to complete and manage financial operations.

Examples: synchronizing schedules and calendars, scheduling work priorities to meet deadlines 7. Explain how agencies that regulate national and international financial markets protect investors.

• Using financial statements to analyze a company’s financial situation • Forecasting business profit

• Critiquing ways domestic and international financial markets influence interest rates, trade deficits, and unemployment 8. Analyze the decision-making process needed to develop and maintain a financially stable business plan.

9. Determine how effective debt and credit management practices affect insurance costs, job opportunities, and interest rates. • Analyzing alternative sources of credit for suitability to a particular situation

10 Analyze international, federal, state, and local regulations for impact on financial management decisions. • Describing effects of tax structure on business decisions

• Comparing legal rights and responsibilities of various types of businesses

• Interpreting the role of the United States Securities and Exchange Commission in regulating financial decisions

Learning

Objective(s) and

Depth of

Knowledge

Level(s):

The students will:

1.

Create and synchronize work related calendars.

2.

Prioritize work responsibilities and deadlines.

3.

Evaluate, analyze, and prepare a financial statement for domestic and international businesses.

4.

Forecast business profits by evaluating a business plan.

5.

Analyze sources of credit that can be beneficial for business.

6.

Create a business plan that includes tax structures, profit forecasting, and other financial information.

7.

Compare the legal rights and responsibilities for all business types.

Essential

Question(s):

How can organization skills be applied to complete and manage financial operations?

How can agencies that regulate national and international financial markets in order to protect investors? How can a business develop and maintain a financially stable business plan?

Content Knowledge

Suggested Instructional Activities Rigor &

Relevance Framework (Quadrant)

Suggested Materials, Equipment and

Technology Resources

1.

Synchronized Schedules & Calendars

2.

Financial Operations

3.

Business Plans Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Textbooks/Workbooks Presenters

(8)

4.

Financial Statements

5.

United States Securities & Exchange

Commission Research Projects Note taking Video KWHL Rubrics Interactive Whiteboards Calculator Portfolio Videos

Unit

Assessment:

Portfolio Presentation and Display, Participation in Discussion, Quizzes, and Tests

Unit/Course

CTSO Activity:

CTSO students will take a trip to job shadow a business person at a local financial company or institution.

Unit/Course

Culminating

Product:

Financial Portfolio to include a financial statement, business plan with profit forecasting, a synchronized schedule of priorities from the job shadowing field trip, and a comparison of legal rights and responsibilities for all types of businesses.

(9)

Course Title: Financial Management

Unit:

Career Opportunities

Content

Standard(s) and

Depth of

Knowledge

Level(s):

Students will:

11. Utilize research results to determine career and entrepreneurial opportunities, responsibilities, and educational and credentialing requirements related to financial management and investment planning.

Learning

Objective(s) and

Depth of

Knowledge

Level(s):

The student will:

1. Research and identify the jobs that correspond with the field of financial and investment planning. 2. Access how personal interests and skills, values, and lifestyle goals affect one’s career choices.

Essential

Question(s):

What information do students need in order to evaluate, analyze, and apply before making financial decisions? What kind of credentials should a financial manager have?

Content Knowledge

Suggested Instructional Activities Rigor &

Relevance Framework (Quadrant)

Suggested Materials, Equipment and

Technology Resources

1. Financial Careers

2. Educational or Credentialing Requirements

3. Entrepreneurial Opportunities for financial

planners 5 + 1 Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking

Oral Presentation--2 minute talk Video

S.W.O.T. Analysis KWHL

Presentation & Word Processing Software Rubrics S.W.O.T. Form Interactive Whiteboards Videos Internet Sites: census.gov DOL.gov salaries.com United Streaming Podcasting

(10)

Unit

Assessment:

Short Investigations, Research Projects, Learning Logs, Exhibitions, Oral Presentations, Participation in Discussion, Project and Project Presentation, Quizzes, and Tests

Unit/Course

CTSO Activity:

CTSO members will participate in a field trip to a bank.

CTSO members will invite a financial planner to a meeting to speak.

Unit/Course

Culminating

Product:

PowerPoint presentation on financial careers

(11)

Course Title: Financial Management

Unit:

Tax Liability

Content

Standard(s) and

Depth of

Knowledge

Level(s):

Students will:

12. Determine tax liability on income.

Examples: property, inheritance, earned income

Learning

Objective(s) and

Depth of

Knowledge

Level(s):

The students will:

1.

Study and evaluate the various types of taxes as it relates to tax liability and income.

2.

Compare how tax liability is determined for property, inheritance, and income.

Essential

Question(s):

What information do people need in order to know how to figure how to computer a tax liability?

Content Knowledge

Suggested Instructional Activities Rigor &

Relevance Framework (Quadrant)

Suggested Materials, Equipment and

Technology Resources

1.

Tax

2.

Tax Liability

3.

Income

4.

Property Tax

5.

Inheritance

6.

Earned Income 5 + 1 Group Investigation Collaborative Learning Fieldtrips/Virtual Fieldtrips Guest Speakers Research Note taking

Oral Presentation--2 minute talk Video

Job Analysis KWHL

Job Analysis Form Interactive Whiteboards Videos

Financial Planning Software

(12)

Unit

Assessment:

Research Project, Oral Presentations, Participation in Discussion, Investment Plan, Quizzes, and Tests

Unit/Course

CTSO Activity:

CTSO will participate in a volunteer tax preparation course in partnership with H&R Block to reemphasize the objectives covered.

Unit/Course

Culminating

Product:

Students will do a comparison research paper on the types of tax liabilities and design and distribute brochures with a condensed version of their research paper.