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Course Description

Schoolcraft is excited to offer traditional credit face-to-face, hybrid, online, and remote classes. We are committed to providing students a safe experience based on recent COVID-19 concerns.

Please see the COVID-19 web page to learn more. Keep checking the schedule for additions on our New, Added, and Late Starting Courses web page.

Business - BUS 204

Personal Finance

3 Credit Hours
3 Lecture Hours

Course Description

This course is a practical study of problems and solutions facing the consumer in today's society. The major areas that are covered in this course include personal budgeting, bank and financial institution comparison, strategies in the use and application of credit, insurance alternatives, housing alternatives, large item purchasing (such as automobiles) and occupational choices.


(A requirement that must be completed before taking this course.)

  • ENG 101 or minimum score of 22 ACT-English, 29 SAT-Writing and Language, 108 CPT-Sentence Skills or 276 NGA-Writing.

Course Competencies

Upon successful completion of the course, the student should be able to:

  • Develop strategies for obtaining, managing and conserving assets.
  • Assess the key elements of successful career planning.
  • Evaluate tools for conducting monetary asset management activities.
  • Explore strategies for obtaining credit and managing debt.
  • Apply the appropriate steps for the acquisition of a major purchase.
  • Employ risk-management principles to address threats to income and assets.
  • Evaluate financial strength and progress.
  • Characterize the impact of income taxes on financial planning.
  • Differentiate between various investments and the related risk factors.
  • Monitor personal spending over a specific period of time.

Course Schedule

 CourseSectionCourse TitleLocationCredit HoursInstructorsSeats Available ⁄Capacity ⁄WaitlistStatusFeeDays-Time-Room

Fall; 2021; BUSINESS; No of Weeks : 12; Begins : 09/21/2021

 204142406Personal FinanceONL3Hill M8/31/0Open$12.00 

Fall; 2021; BUSINESS; No of Weeks : 15; Begins : 08/30/2021

 204142404Personal FinanceONL3Hill M8/31/0Open$12.00 
 204142627Personal FinanceRMT3Mellnick G13/30/0Open$12.00T R  12:00 PM-01:20 PM WEBWEB

Winter; 2022; BUSINESS; No of Weeks : 12; Begins : 01/31/2022

 204112446Personal FinanceONL3Hill M26/31/0Open$12.00 

Winter; 2022; BUSINESS; No of Weeks : 15; Begins : 01/10/2022

 204112444Personal FinanceONL3Hill M11/31/0Open$12.00 
 204112635Personal FinanceRMT3Mellnick G18/30/0Open$12.00T R  10:00 AM-11:20 AM WEBWEB

Key: Day of the Week

  • T = Tuesday
  • R = Thursday
  • S = Saturday
  • X = Sunday