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Business class attracts all

Faten Husni Odeh

Issue date: 10/7/08 Section: News
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Finance 1904, a business class that teaches students about financial wellness and the necessary knowledge it takes to survive paying off loans and debts, has been luring ECU students by the hundreds.

"There are many institutions and businesses that prey on financial ignorance," Len Rhodes, Ph.D., assistant dean for graduate programs in the College of Business.

"In class we talk about school loans, the effects of debt and we help students figure out how to calculate house payments and other financial situations."

According to Rhodes, there are 500 students enrolled this semester in Finance 1904, which is comprised of two sections of 250 students. The amount of students enrolled this semester has increased from about 60 to 500 in the last couple of years.

When asked why the massive increase in students' attraction to Finance 1904 since when the class first got started about six or seven years ago, Rhodes said that "the skills that they take away from the class and the ability to put it to immediate use" is a selling point for the course.

Samuel Shalhoub, a senior majoring in business management, stated that the amount of students taking this course is beneficial.

"It's good in the sense that it educates the young people in how those things work so that they know what they're getting into when entering the financial world and so that they are not ignorant about those things and do not end up digging themselves a hole or go into debt or have to declare bankruptcy," said Shalhoub.

Former ECU student, Dr. Ruba Hamdan, believes Finance 1904 is a great class that every student should take.

"From paying off home mortgages to credit card bills I think it is very important that students take this opportunity to gain knowledge of what they will be getting into in the future," said Hamdan.

Rhodes and Mark Weitzel, Ph.D., director of the Financial Wellness Institute, teach the class. "Between the two of us in each of the lectures students are able to get two perspectives in one class lecture," Rhodes said.

Finance 1904 is open to all ECU students.

"This semester's class is only 20 percent business majors, [while] 80 percent of the students enrolled are not business majors," Rhodes said.

For more information contact the ECU College of Business.



This writer can be contacted at news@theeastcarolinian.com.
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