Finance Fundamentals: Managing the Household Balance Sheet

Online Course

Future Learn
Finance Fundamentals: Managing the Household Balance Sheet

What is the course about?

Finance Fundamentals: Managing the Household Balance Sheet
The course Finance Fundamentals: Managing the Household Balance Sheet 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.
Explore household assets (investments, property and pensions) and liabilities (debts). Find out how to manage each effectively.
Course description
  • Start to manage debt, investments, property and pension funds effectively
  • 4 weeks
  • This online course will help you manage the household balance sheet, by looking at four key assets and liabilities.
  • You’ll explore debt, and how it affects credit scores and your ability to borrow; investments, including savings accounts, bonds, shares and holdings in funds; property, and the costs and risks of buying and selling it; and pension funds, including how to properly plan and save for your retirement.
  • The Open University’s Centre for the Public Understanding of Finance created this course, with the generous support of True Potential LLP.
  • Different ways of borrowing
  • The cost of borrowing
  • The lending institutions
  • Managing debts
  • Savings products and their returns
  • Investment products and their returns
  • Buying and selling property
  • Mortgage products
  • The household balance sheet and how to manage it
  • Pension planning
  • Pension products
  • Identify and understand the different forms of borrowing and the cost of debt
  • Explore the different ways to invest and the returns provided by different investments
  • Identify and understand how to buy and sell property
  • Explore the ways to plan for a pension income
  • Identify and understand how to compile a household balance sheet and to measure the risks associated with it
  • 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: Managing the Household Balance Sheet

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: Managing the Household Balance Sheet

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: Managing the Household Balance Sheet
provided by Future Learn

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