Personal Finance

Undergraduate

How much should I be saving at age 35? How much of my portfolio should be invested in stocks at age 50? Which mortgage should I choose, and when should I refinance it? How much can I afford to spend per year in retirement? This course covers prescriptive models of personal saving, asset allocation, borrowing, and spending. The course is designed to answer questions facing anybody who manages their own money or is a manager in an organization that is trying to help clients manage their money. Prerequisites: Intermediate microeconomics and one semester of econometrics. Students should be comfortable with informal mathematical and statistical reasoning and problem-solving. SO HTBA