course-details-portlet

BFIN1001

Personal Finance

Lessons are not given in the academic year 2025/2026

Credits 7.5
Level Intermediate course, level II
Language of instruction Norwegian
Location Trondheim
Examination arrangement School exam

About

About the course

Course content

Engelsk

  • Economic phases of life, budgeting, and dispositions
  • Family law, inheritance, marriage, and cohabitation
  • Personal taxation
  • Housing
  • Mortgage and credit
  • Saving
  • Pension
  • Insurance
  • Social responsibility, sustainability, and consumption
  • The financial system and basic financial products

Learning outcome

Knowledge

  • The student will have knowledge of how saving in housing and other asset classes affects personal finances in different phases of life.
  • The student will have knowledge of how personal taxation affects personal decisions and personal finances.
  • The student will have knowledge of the time value of money and how it affects the profitability of investments.
  • The student will have knowledge of the connections between risk and expected return.
  • The student will have knowledge of how family law issues related to inheritance, marriage and cohabitation can affect personal finances.
  • The student will have knowledge of basic financial products.

Skill

  • The student should be able to do calculations on the profitability of personal investments and savings.
  • Students should be able to compare different loan options and calculate effective interest rates.
  • Students should be able to interpret and make decisions about investments and savings based on various profitability goals.
  • The student should know which variables are relevant to decisions in personal investments and savings.
  • The student should be able to carry out calculations related to personal tax.
  • The student should be able to carry out calculations related to pensions and public benefits.

General competence

  • The student should understand that the organization of the tax system has social significance.
  • The student should be able to reflect on the connections between, personal finances, consumption and sustainability.
  • The student should be able to apply knowledge of personal finance in practical situations.

Learning methods and activities

Lectures. Students should work on assignments to learn the course material. Students are encouraged to work in groups.

Further on evaluation

Permitted aids for the exam: Interest rate table and approved calculator in accordance with NTNU's aids code B-D "specific simple calculator". Other calculators allowed in the course are: Casio FC-100V, Casio FC- 100 V -2 and Texas Instruments - BAII Plus.

In the case of a re-sit exam and the final exam after the course has been discontinued, the form of assessment may be changed to an oral exam.

Required previous knowledge

None

Course materials

Curriculum:

Grundekjøn, Ole Tellef og Kristensen, Roy Kristen. Din privatøkonomi, Gyldendal

Lectures, notes and assignments

Support literature

Boye, Knut, Koekebakker, Steen, Krakstad, Svein Olav og Oust, Are. Finansielle emner. Siste utg. Oslo, Cappelen akademisk forlag.

Credit reductions

Course code Reduction From
FIN1001 7.5 sp Autumn 2023
This course has academic overlap with the course in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject areas

  • Economics and Administration

Contact information

Department with academic responsibility

NTNU Business School

Examination

Examination

Examination arrangement: School exam
Grade: Letter grades

Ordinary examination - Autumn 2025

School exam
Weighting 100/100 Examination aids Code D, LOVDATA Date 2025-11-17 Time 09:00 Duration 4 hours Exam system Inspera Assessment
Place and room for school exam

The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.

Sluppenvegen 14
Room SL310 blå sone
14 candidates