Beyond Books: Mastering Money for Post-secondary Grad Success - Module 2: Savings (Digital Learning Experience)

Chuck Grace

Product #:W36981

Supplier:Ivey

Discipline:Accounting, Finance

Details:Digital Learning Experience (Virtual) • 170 min • 2024-04-19

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Please note that the PDF version of the case, Andrew Does the Math (product number 9B16N026) is included with this Digital Learning Experience. Andrew had enrolled in a Wealth Management elective at a prestigious business school. Today’s assignment is to craft an investment policy statement (IPS) and then calculate the financial implications of each of his goals. Andrew has defined his goals, completed a projection of his finances over his lifetime, and has now turned his attention to the IPS and the financial calculations.

Learning Objectives

This Digital Learning Experience is written primarily for use in an introductory wealth management or investing course. It represents an actual (but disguised) financial plan for a graduating student submitted as part of a class assignment.

The learning objectives in this case focus on the following concepts:

Construct a realistic and practical personal budget that will aid students in their financial planning.
Understand the importance of creating IPSs for each financial goal.
Use time value of money (TVM) calculations to highlight gaps in the financial plans.