Finance Fundamentals: Financial Planning and Budgeting

Online Course

Future Learn
Finance Fundamentals: Financial Planning and Budgeting

What is the course about?

Finance Fundamentals: Financial Planning and Budgeting
The course Finance Fundamentals: Financial Planning and Budgeting is an online class provided by The Open University through Future Learn. It may be possible to receive a verified certification or use the course to prepare for a degree.
With household budgets feeling the pinch this course shows how to bring order to your finances and make good financial decisions.
Course description
  • Find out how to manage your income and expenditure more effectively
  • 4 weeks
  • This online courses explore how current economic conditions impact household finances, before showing you how to manage yours more effectively.
  • You will find out whether you have bad financial habits and how to address them; discover a simple four-stage model for making sound financial decisions; examine the two components of household budgeting – income and expenditure – and how to manage them; and look at a key area of household spending – insurance.
  • The Open University’s Centre for the Public Understanding of Finance created this course, with the generous support of True Potential LLP.
  • Financial planning over the life course
  • Prioritising plans
  • Human behaviour and financial decisions
  • Applying a financial decision-making model
  • Income and inflation
  • Income and taxation
  • Government benefits
  • Factors influencing household expenditure
  • Creating and managing a household budget
  • Understanding when to buy insurance products
  • The range of insurance products
  • Identify and understand how financial needs change over the life course
  • Identify, understand and apply a model for financial decision-making
  • Identify and appreciate how human behaviour affects financial decisions
  • Identify and understand the impact of inflation and tax on incomes
  • Apply and appreciate the social and economic factors that influence spending
  • Design and manage a household budget
  • Identify and understand insurance products and when to buy them
  • For further information about registration, the final assessment course, your eligibility and the BA in Business Management, visit the Open University website.
  • IMPORTANT! If you are aiming to use your study of courses in the Business and Finance Fundamentals program to obtain academic credit, please be aware that the final planned presentation of the Open University Assessment Course BXM191 Business and Finance Fundamentals in Practice starts October 2020. Please ensure that you allow yourself enough time to obtain all eight Certificates of Achievement from courses in the program before registering for the Assessment Course. Details of runs of the relevant FutureLearn courses in 2019 and 2020 are available here.
  • The Open University
  • The Open University (OU) is the largest academic institution in the UK and a world leader in flexible distance learning, with a mission to be open to people, places, methods and ideas.
  • The Open University Business School
  • A pioneer in flexible learning for over 30 years, The Open University Business School delivers transformational, high quality business and management education which is quality assured.

Prerequisites & Facts

Finance Fundamentals: Financial Planning and Budgeting

Course Topic

Business & Management, Finance & Accounting

University, College, Institution

The Open University

Course Skill Level

Course Language

English

Place of class

Online, self-paced (see curriculum for more information)

Degree

Certificate

Degree & Cost

Finance Fundamentals: Financial Planning and Budgeting

To obtain a verified certificate from Future Learn / The Open University you have to finish this course or the latest version of it, if there is a new edition. The class may be free of charge, but there could be some cost to receive a verified certificate or to access the learning materials. The specifics of the course may have been changed, please consult the provider to get the latest quotes and news.
The Open University
Finance Fundamentals: Financial Planning and Budgeting
provided by Future Learn

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School: The Open University
Topic: Business & Management, Finance & Accounting
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