Name: Thakur Personal Financial Planning BBA 6th Sem
Brand: Amit Book Depot
Price: 190 INR
Availability: InStock

Personal Financial Planning by Prof. Pankaj Goel & Shammi Sharma, is the officially prescribed course material for the BBA 6th Semester program at Punjab Technical University (PTU), published by Thakur Publication. Meticulously crafted to align with the university's curriculum, this book serves as an all-in-one resource for students to build a robust understanding of managing personal finances—a critical skill for both personal prosperity and a successful career in business management.

Key Features and Benefits for the Student:

1. PTU Syllabus Compliance: Fully covers the prescribed syllabus for BBA 6th Semester, making it the most reliable text for exam preparation.

2. Conceptual Clarity: Complex topics are explained in a clear, concise, and student-friendly manner, aided by practical examples.

3. Practical Application: Each unit concludes with a dedicated Exercise section, allowing students to test their understanding, practice numerical problems, and prepare effectively for university examinations.

4. Structured Pedagogy: The logical sequence of chapters builds knowledge step-by-step, from foundational principles to advanced planning strategies.

5. Career and Life Relevance: The skills acquired are not just for passing exams but are essential for making informed financial decisions throughout one's personal and professional life.

Ideal for a Broader Audience, Including MBA Students

While explicitly designed for the BBA program at PTU, the universal and foundational nature of its content makes this book an excellent supplementary resource for students pursuing an MBA Semester II. For MBA students specializing in Finance, Marketing, or General Management, a strong grasp of personal financial principles is invaluable. This book provides that solid foundation, covering topics like investment analysis, risk management, and tax planning that are directly applicable in both personal wealth management and broader business contexts.

Publisher: Thakur Publication

Authors: Prof. Pankaj Goel & Shammi Sharma

Invest in your financial literacy and academic success. Add "Personal Financial Planning" to your cart today to build the knowledge required to excel in your BBA semester exams and lay the groundwork for a financially sound future.

Have Doubts Regarding This Product ? Ask Your Question

Q1

How does this book align with the PTU syllabus for BBA 6th Semester?

A1

The book is meticulously crafted to fully cover all topics and concepts prescribed in the PTU syllabus for BBA 6th Semester, ensuring comprehensive exam preparation.
Q2

Can this book help students understand practical aspects of personal financial management?

A2

Yes, each unit includes practical exercises, numerical problems, and real-world examples that facilitate hands-on understanding of personal financial management.
Q3

What topics are covered under the section on Investment Fundamentals?

A3

The book covers saving, investment options like debt, equity, mutual funds, and also delves into personal income tax planning and credit management.
Q4

Does the book include guidance on ethical considerations in financial planning?

A4

Yes, Unit 4 discusses ethical issues, ethical considerations, and responsible practices in personal financial planning.
Q5

Are there illustrative examples to explain complex concepts like risk diversification and ratio analysis?

A5

Yes, the book uses practical examples and simplified explanations to make complex topics like risk diversification and financial ratio analysis more understandable.
Q6

Does the book cover current topics like tax planning and credit scores?

A6

Yes, it covers personal income tax planning, tax avoidance, tax evasion, along with credit reports and credit scores, which are crucial for modern financial management.
Q7

Does the book include tips for effective budgeting and cash flow management?

A7

Yes, it emphasizes the importance of budgeting and provides methods for managing cash flows effectively.
Q8

How does this book help in understanding the concept of time value of money?

A8

It explains the principles of time value of money with practical examples, crucial for investment and financial decision-making.
Q9

Why should students choose this book over other personal finance textbooks?

A9

Its alignment with PTU syllabus, clear explanations, practical exercises, and coverage of both foundational and advanced topics make it a comprehensive and reliable resource for students.
Q10

How does the book address the importance of financial statements for personal finance?

A10

It explains how to create, interpret, and analyze personal financial statements and ratios to assess financial health and make informed decisions.

0.00

0 Overall Rating

5

0
4

0
3

0
2

0
1

0

Try this product & share your review & thoughts

Unit 1: Personal Finance and Financial Statements

1.1. Understanding Personal Finance

1.2. Time Value of Money

1.3. Financial Statement and Ratio Analysis

1.4. Budget

1.5. Exercise

Unit 2: Introduction to Insurance and Risk Management

2.1. Risk and Return

2.2. Risk Management

2.3. Risk Diversification

2.4. Insurance

2.5. Life Insurance

2.6. General Insurance

2.7. Managing Life, Health, and Disability Risks

2.8. Exercise

Unit 3: Investment Fundamentals, Managing Income Taxes & Credit

3.1. Saving

3.2. Investment

3.3 Investment in Debt

3.4. Investment in Equity

3.5. Investment in Mutual Funds

3.6. Personal Income Tax Planning

3.7. Tax Avoidance

3.8. Tax Evasion

3.9. Credit Basics

3.10. Debt/Receivable Management

3.11. Credit Report

3.12. Credit Score

3.13. Exercise

Unit 4: Retirement & Estate Planning and Ethical Considerations in PFP

4.1. Introduction to Retirement Planning

4.2. Basic Retirement Plans

4.3. Estate Planning

4.4. Estate Planning Tools

4.5. Ethical Considerations in Personal Financial Planning.

4.6. Exercise

BBA 621-18

Personal Financial Planning

Unit 1

Understanding Personal Finance: Financial Security, Time Value of Money, Importance of Personal Financial Planning, Principles of Personal Finance, Financial Planning Process, and Biases in Personal Finance. Financial Statements and Ratios Analysis: Managing cash flows and creating and reviewing financial statements and budgets.

Unit II

Introduction to Insurance and Risk Management: Risk and Return, Risk Management, Risk Diversification, Managing Life, Health and Disability Risks, Concept and Types of Insurance.

Unit III

Investment Fundamentals: Saving and Investment, Rules of Investing, Debt and Equity. Investment in Bonds and Mutual Funds. Managing Income Taxes: Introduction to Personal Income Tax Planning, Tax Avoidance, and Tax Evasion. Building and Maintaining Good Credit: Credit Basics and Debt Management Source of debt, credit report, and scores.

Unit IV

Introduction to Retirement Planning: Basic Retirement Plans. Estate Planning. Ethical Considerations in Personal Financial Planning.