​​​​​​​​​​Student debt has been the fastest growing non-mortgage debt at more than $1.4 trillion in 2017, with a default rate over 10%. In 2013, California enacted AB166, making financial education a requirement at K-12 level. In 2014, California community colleges launched a campaign to promote financial literacy among college students. At Santa Monica College, faculty from the Business Department are taking the lead to support the state's campaign, offering students the opportunity to learn personal finance through coursework and various activities...

Personal Finance Workshops & Student Events

Since 2014, each semester the Business department offers multiple one-hour personal finance workshops that are free for all students.  The ​Business department also coordinates with student programs such as the Adelante, the Black Collegians, the Veterans Resource Center, as well as the Rotaract Club, to offer personal finance workshops catering to the needs of each student group.  In each one-hour workshop, students learn fundamental financial planning skills such as budgeting, savings, wise spending, tax planning, credit and debt management, and investment.  Workshops are conducted in a fun, interactive manner, and participants enjoy pizza at the end of the workshops. 

We are the first community college in California to offer a Rock Music and Financial Literacy presentation. The event was provided free for students at the Main Stage on March 3rd 2016. More than 250 students attended the event. They enjoyed original songs played by the GOODING band, and a power point presentation on financial literacy by Steven Gooding. Students were offered gift bags with snacks and financial resource brochures. Based on a show of hands, the majority of the students who attended the event had never learned financial planning. We are hopeful the event will motivate students to learn more.

For more information on workshops and events, please contact Jenny Resnick (resnick_jenny@smc.edu).

Upcoming Personal Finance Workshops​               

  • Spring 2018 financial literacy brochure.pdf                                                                                                                                                                 
  • Personal Finance Workshop organized with Veterans Resource Center, at BUS 254, 11:15 - 12:35 p.m. on Tuesday March 20, 2018

  • Personal Finance Workshop organized with SMC Rotaract Club, at BUS 144, 11:15 - 12:35 p.m. on Thursday April 05, 2018

  • Above workshops are free and open for all students

Past workshops & Events

Personal Finance Resources

What budgeting tools can I use?

Sample Budget Excel worksheets: ​​Microsoft Excel FileBudget worksheets

Mint.com - top rated site for free budget worksheets and phone app to track spending; requires your banking information to set up account.

HomeBudget app - phone app to track spending, comes with desktop/laptop sync feature, does not require banking information to set up account.

How much student loan can you afford?

iGrad Student loan calculator - identify your intended profession and find out how much student loan you can afford.

How long will it take you to pay off your student loan and other debt?

CNN Debt Calculator

How to manage your credit?

Money and Credit information from Federal Trade Commission


How can I save on Banking?

Best way to grow my money?

Take a personal finance course to learn about mutual funds and other investment options

Do you know the projected growth rate and median pay for your dream job?

Have passion, but be realistic.

Cash Course CashCourse is your guide to making informed financial choices.

Get prepared for whatever life has in store: Register for a free financial planning tool, and take charge of your money.


Take a personal finance course to learn more about budgeting, tax planning and many other topics - see courses listed below.

Learn Personal Finance at SMC​


​BUS 45, INDIVIDUAL FINANCIAL PLANNING, 3 UNITS
This course provides students with the tools to achieve their personal financial goals. It will help them make informed decisions related to spending, saving, borrowing, and investing. Topics covered include personal financial planning; money management; tax strategy; consumer credit; purchasing decisions; insurance; investing in stocks, bonds, mutual funds, and real estate; retirement; and estate planning.

Business 45 is the same class as Accounting 45. Students may earn credit for one, but not for both. This course qualifies for CSU GE Area E: Scientific Inquiry and Quantitative Reasoning B4- Mathematics/Quantitative Thinking


BUS 46, INTRODUCTION TO INVESTMENTS, 3 UNITS
This course provides a comprehensive view of securities, markets, and investment techniques, ranging from simple investment programs to advanced speculative market techniques.


BUS 47, PERSONAL FINANCE FOR STUDENTS, 1 UNIT
This course will provide students with the fundamental tools to make informed decisions that impact their short and intermediate-term finances. Topics covered include money management and the decision processes and behaviors underlying spending, saving, and borrowing.

Business 47 is the same course as Counseling 47. Students may earn credit for one, but not for both. This course qualifies for CSU GE Area E: Lifelong Understanding and Self-Development.


ACCTG 17, INCOME TAX PREPARATION (CTEC-APPROVED), 4 UNITS
This comprehensive course is intended for individuals to enter the tax profession and enable them to prepare individual tax returns for the general public, including individual taxpayers who operate sole-proprietor businesses.  At the completion of the course, students will be able to prepare most individual tax returns and Schedule C for small business returns.  This course is a qualified course by the California Tax Education Council (CTEC) and fulfills the requirements to become a California Registered Tax Preparer. 


Contacts for more information regarding the above courses

BUS 45/47: Professor Jenny Resnick (resnick_jenny@smc.edu)

ACCTG 15: Professor Cesar Rubio (Rubio_Cesar@smc.edu)


Information about the A.A. Degree and Certificates in Accounting.

Information about the A.A. Degree and Certificates in Business.