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+--- Thread: Penn Foster Principles of Finance class (/Thread-Penn-Foster-Principles-of-Finance-class)
Penn Foster Principles of Finance class - bricabrac - 01-08-2011
Hi Ryoder
The quizzes are 67% and final exam 33% of grade
Quizzes are on financial concepts, institutions, investments, corporate finance
Don’t sweat the final – excel and your calculator are your friends but you must handwrite the answers on the test sheets and additional composition paper – if you choose the right proctor you will have time to work through the problems.
Some of the things you should know
1. chart cash flow, disc cash flow, cum cash flow; calculate payback period and NPV, and answer questions based on results
2. debt net worth ratio and debt to total assets ratio
3. relationship between interest rate and bond prices
4. Gordon growth formula
5. compute FV, PV, preferred stock, bonds, investments
6. break even analysis
7.benefit of Corp vs SP
If you PM me your email address I will send you the study guide. If nothing else it may help you with the dsst exam. Good luck in whatever direction you choose!
Online resources:
How to work your calculator
http://www.tvmcalcs.com/
using excel
Microsoft Excel Time Value Function Tutorial - Lump Sums | TVMCalcs.com
Basic Finance by Mayo companion website - the Investment Analysis calculator is a great learning tool
http://websites.swlearning.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=0324322291&discipline_number=414
Barrons Financial Management
http://books.google.com/books?id=rmGrrBJ7CiMC&pg=PP5&dq=basic+finance&hl=en&ei=odsoTfTAEMXflgeE8tH6AQ&sa=X&oi=book_result&ct=book-preview-link&resnum=8&ved=0CFAQuwUwBw#v=onepage&q=basic%20finance&f=false
Investments by Mayo
http://books.google.com/books?id=H-o_ybQsbsYC&printsec=frontcover&source=gbs_ge_summary_r&cad=0#v=onepage&q&f=false
Penn Foster Principles of Finance class - perserverance11 - 07-20-2011
I am still rather confused about this. Penn Foster makes it sound like you have to wait for shipments and other than the initial one I didn't have to wait. They sent EVERYTHING including the final exam. Isn't the final supposed to be proctored? I'm at the very beginning of the course so I'm still trying to figure this out. If my final isn't proctored will I still be able to get credit from TESC through ACE? I NEED this class and can't afford to take it again. Already failed the DSST Finance...
Penn Foster Principles of Finance class - bricabrac - 07-20-2011
Hi perserverance11,
The final is no longer proctored (per Ryoder). You just assemble the answers in a word doc and submit online. Same with Intermediate Accounting submit final online.
When I took the course, July 2010, it was proctored. It seems they've streamlined the process.
Penn Foster Principles of Finance class - brucet3 - 02-01-2013
I just petitioned TESC to add this Principles of Finance to my course file... we will see the answer shortly. The TESC course looks like a monster... the DSST looks like the monsters evil father. So I'm happy I stumbled upon this thread.
The course is STILL ACE accredited (it made it through the great purge of October) and it seems to still use the same book as the TESC course. If I get any push back I'll let you guys know.
I just wanted to also say that I love the community you guys have established here. Thanks. Again. :coolgleam:
Penn Foster Principles of Finance class - mikebaz1 - 02-01-2013
FYI. TESC has approved the following, currently ACE approved, Penn Foster courses in my BSBA CIS plan
Princ of Finance
> Complete 3 semester hours of Principles of Finance.
Src Course # Title S.H. Grd TESC # Notes
FIN-301 Principles of Finance.... (3.00) --- FIN-301 *PL *TE
for PENN FOSTER FIN101 Financial Management (ACE ICS-0152)
Intr Finl/Mgrl Acctg
> Complete one full year of Introductory/Principles of
> Accounting (Introduction to Financial Accounting and Intro-
> duction to Managerial Accounting)
Src Course # Title S.H. Grd TESC # Notes
ACC-101 Prin. of Financial Accoun (3.00) --- ACC-101 *PL *TE
ACC-102 Prin. of Managerial Accou (3.00) --- ACC-102 *PL *TE
for PENN FOSTER ACC111 FINANCIAL ACCOUNTING (ACE ICS-0047)
and PENN FOSTER ACC112 MANAGERIAL ACCOUNTING (ACE ICS-0048)
Macro/Microeconomics
> Complete one full year of economics (micro/macroeconomics)
Src Course # Title S.H. Grd TESC # Notes
ECO-111 Macroeconomics........... (3.00) --- ECO-111 *PL *TE
ECO-112 Microeconomics........... (3.00) --- ECO-112 *PL *TE
for PENN FOSTER BUS121 ECONOMICS I (ACE ICS-0049)
and PENN FOSTER BUS122 ECONOMICS II (ACE ICS-0050)
Bus in Soc/Int'l Mgt
> Complete 3 semester hours of business in society, introduc-
> tion to international business, international management or
> international marketing.
Src Course # Title S.H. Grd TESC # Notes
MAN-371 International Business... (3.00) --- MAN-371 *PL *TE
for PENN FOSTER BUS430 International Business (ACE ICS-0219)
Strategic Management
> Complete 3 semester hours in Strategic Management or
> Business Policy.
Src Course # Title S.H. Grd TESC # Notes
BUS-421 Business Policy.......... (3.00) --- BUS-421 *PL *TE
for PENN FOSTER BUS425 Strategic Business Management (ACE ICS-0218)
Hope this helps! I haven't actually started any of these courses yet, so have no idea on difficulty or length. But these are all topics I didn't want to attempt with CLEP/DSST/ECE (if there was one).
Penn Foster Principles of Finance class - brucet3 - 02-02-2013
Thanks for the heads up. TESC approved this for me and added it to my transcript as a Planned course last night.
:imwithstupid:
Bruce
Penn Foster Principles of Finance class - wallst - 02-13-2013
Big Thanks... I paid $75 but they are not telling they will approve it or not. So I am working on my PF courses.. So far I am done at least 3 from your list. I dont see Advance composition (Eng Comp II for TESC) and Intro to marketing and Intro sociology-- Hope they will take it...