Year

2015/2016

Course title

Personal Finance Management - educational game

Course number

238411 - 1226

Lecturer

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3 ECTS points

A. Course objective

The aim of the lecture is to explain the process of personal finance management and possibilities offered by financial
market for households. The main point will be focused on the management of daily, monthly and yearly finance of the
individuals including consumer income and expenditure, investments in banks, mutual funds, insurance companies, and
non-financial firms. The course highlights the main concepts, which are important for understanding how to become
better manager of personal finance, how to improve effectiveness of investments, how to get out of debt and how to be
better risk manager of personal finance. In addition students learn how to maintain checking and savings accounts,
create assessments in order to understand their financial standing and create a foundation for their financial standing.
Students learn how to live their dream by generating wealth and controlling spending, making sound investments in
stocks and bonds, and even begin starting and growing retirement accounts. During the course is used the educational
game by R. Kiyosaki "Cash Flow 101" and the board game "Charge large".
B. Course syllabus

1. Psychology of personal finance;

2. Introduction to the educational board game "Cash flow 101"
3. Economy of happiness and households well-being;
4. Fundamentals of capital investments;
5. Income and expenditure of households;
6. Management of daily, monthly and yearly personal finance;
7. Introduction to the educational board game "Charge Large"
8. Effectiveness of individual financial decisions;
9. Risk management of personal finance.
C. Educational outcome

6]NRD*yZQD+DQGORZDZ:DUV]DZLH
$O1LHSRGOHJRFL162, 02-554 Warszawa
centrala: +48 22 564 60 00, faks kancelarii: +48 22 849 53 12, informacja: +48 22 564 64 64
e-mail: informacja@sgh.waw.pl, http://www.sgh.waw.pl/

c.d.Personal Finance Management - educational game

Knowledge

1.Understanding fundamentals of investments and basics of personal finance management.

2. Knowlegde of consumer behaviour
3.Knowledge of determinants of the households financial decisions.
4. Knowlegde of the personal finance effectiveness.

Skills

1. The ability to manage personal finance.

2. The ability to assessment of the households financial situation.
3. The ability to assesment of the effectiveness of investments on financial market.
4. The ability to choose optimal forms of investments.
5. Knowledge of the new trends in personal finance.

Social competencies

1. Knowlege of theory and practice of personal finance management.

2. Knowledge of management of the consumer income and expenditure structure.
3. The ability of SWOT analysis of personal finance.
4. knowledge of risk management of personal finance.

D. Semester time table

Theory of personal finance.

Psychology and neuropsychology of personal finance.

Introduction to the educational board game "Cash flow 101" by R. Kiyosaki

Economy of households' well-being. Starting the board game "Cash flow 101"

Fundamentals of capital investments based on the board game "Cash Flow 101"

Management of households income based on the board game "Cash Flow 101"

Management of households expenditure based on the board game "Cash Flow 101"

Management of daily personal finance

Management of monthly personal finance based on the board game "Cash Flow 101"

10

Management of yearly personal finance based on the board game "Cash Flow 101"

11

Capital investments on the financial market based on the board game "Cash Flow 101".

12

Effectiveness of individual financial decisions - introduction to the educational board game

"Charge Large"

13

Personal debt management. Starting the educational board game "Charge Large"

14

Risk management of personal finance based on the educational board game "Charge Large"

15

Finance intelligence based on the educational board game "Charge Large"

E. Basic literature

1. L.N. Dworsky, Understanding the Mathematics of Personal Finance. An Introduction to Financial Literacy, Wiley &
Sons Inc., New Jersey 2009; 2. E.T. Garman, R.E. Forgue, Personal Finance, Cengage Learning, South-Western 2010;
3. J. Madura, Personal Finance, Prentice Hall, 2010; 4. R. Kiyosaki, Rich Dad's Guide to Investing: What the Rich Invest
in, That the Poor and the Middle Class Do Not! (2000). ISBN 0-446-67746-9. 5. R. Kiyosaki, Rich Dad's Conspiracy of the
Rich: The 8 New Rules of Money (2009). ISBN 0-446-55980-6. 6.R. Kiyosaki, J. Fleming, K. Kiyosaki, The Business of
the 21st Century (2014.

6]NRD*yZQD+DQGORZDZ:DUV]DZLH
$O1LHSRGOHJRFL162, 02-554 Warszawa
centrala: +48 22 564 60 00, faks kancelarii: +48 22 849 53 12, informacja: +48 22 564 64 64
e-mail: informacja@sgh.waw.pl, http://www.sgh.waw.pl/

c.d.Personal Finance Management - educational game

F. Supplementary literature

1. L. Burkett, Personal Finances, Moody PR 1998; 2. K. Redhead, Personal Finance and Investments, Taylor&Franncis
2008; 3. N. Swart, Personal Financial Management, Juta&Co. Ltd. 2007; 4. R. Redhead, Introducing Investments. A
personal finance approach, Pentice Hal 2003;
G. Author's most important publications concerning the offered course

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H. Numbers of required prerequisites

not required

I. Course size and mode

Full-time

Saturday-Sunday

Afternoon

30

14

30

Total:

Lecture

Seminar

24

12

24

J. Final mark composition

test

80%

report

20%

K. Foreign language requirments

English
L. Selection criteria

Order of applications

M. Methods applied

case studies
games
discussions

6]NRD*yZQD+DQGORZDZ:DUV]DZLH
$O1LHSRGOHJRFL162, 02-554 Warszawa
centrala: +48 22 564 60 00, faks kancelarii: +48 22 849 53 12, informacja: +48 22 564 64 64
e-mail: informacja@sgh.waw.pl, http://www.sgh.waw.pl/