BFIN1001 - Personal Finance


New from the academic year 2023/2024

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours D

Course content


  • 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


  • 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.


  • 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.

Required previous knowledge


Course materials


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 To
FIN1001 7.5 AUTUMN 2023
More on the course



Version: 1
Credits:  7.5 SP
Study level: Intermediate course, level II


Term no.: 1
Teaching semester:  AUTUMN 2023

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator:

Department with academic responsibility
NTNU Business School


Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD School exam 100/100 D 2023-12-19 15:00 INSPERA
Room Building Number of candidates
SL310 turkis sone Sluppenvegen 14 59
SL310 blå sone Sluppenvegen 14 48
SL310 hvit sone Sluppenvegen 14 28
Summer UTS School exam 100/100 D INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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