- From www.futurelearn.com
Finance Fundamentals: Financial Planning and Budgeting
Closed
Course
en
English
12 h
This content is rated 0 out of 5
- Free Access
- Free certificate
- 4 Sequences
- Introductive Level
- Starts on April 2, 2017
- Ends on April 30, 2017
Course details
Syllabus
We introduce a simple four-stage model for making financial decisions before moving on to examine the two components of household budgeting – income and expenditure. In doing this we learn about the impact of inflation and taxation on incomes and the support to households provided by the state benefit system.
In examining expenditure we look at the pressures placed on us to spend our money, how to shop with confidence on the internet and on how ‘heuristics’ can interfere with good spending decision-making.
The course finishes by looking at a key area of household spending: insurance. We examine when to insure and when to bear the risks yourself without buying an insurance policy. We use the financial planning model, introduced at the start of the course, to make good decisions when buying insurance.
This facilitated 4-week course is up-to-date and uses an array of audio-visual assets to help you through the subject matter.
Prerequisite
None.
Instructors
Martin Upton
Director of the True Potential Centre for the Public Understanding of Finance (PUFin) at the OU Business School. Previously. He was Treasurer of Nationwide Building Society.
Editor
The Open University (OU) is a public distance learning and research university, and one of the biggest universities in the UK for undergraduate education. The majority of the OU's undergraduate students are based throughout the United Kingdom and principally study off-campus; many of its courses (both undergraduate and postgraduate) can also be studied anywhere in the world. There are also a number of full-time postgraduate research students based on the 48-hectare university campus where they use the OU facilities for research, as well as more than 1000 members of academic and research staff and over 2500 administrative, operational and support staff.
The OU was established in 1969 and the first students enrolled in January 1971. The University administration is based at Walton Hall, Milton Keynes in Buckinghamshire, but has regional centres in each of its thirteen regions around the United Kingdom. It also has offices and regional examination centres in many other European countries. The university awards undergraduate and postgraduate degrees, as well as non-degree qualifications such as diplomas and certificates or continuing education units.
Platform
FutureLearn is a massive open online course (MOOC) learning platform founded in December 2012.
It is a company launched and wholly owned by The Open University in Milton Keynes, England. It is the first UK-led massive open online course learning platform, and as of March 2015 included 54 UK and international University partners and unlike similar platforms includes four non-university partners: the British Museum, the British Council, the British Library and the National Film and Television School.
This content is rated 4.5 out of 5
(no review)This content is rated 4.5 out of 5
(no review)Complete this resource to write a review