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Financial Literacy

Macquarie University via Open2Study

students interested
  • Provider Open2Study
  • Subject Finance
  • $ Cost Free Online Course
  • Session Upcoming
  • Language English
  • Start Date
  • Duration 4 weeks long

Taken this course? Share your experience with other students. Write review

Overview

You will be shown how to set your goals and how to achieve those goals using an established, working savings plan.

You will then learn the basic skills to get you started on building your wealth and then you will be shown the common mistakes people make with managing their money.

What will I learn?
  • The difference between lifestyle goals and financial goals
    • How the two are interconnected
  • How to construct a savings plan using your income and your expenses
    • How to use that savings plan to achieve your financial goals
  • The basics steps to starting to invest
  • The 10% rule
  • The difference between savings and investments
  • The basic risks involved with debt
  • How compound interest works
  • You will be introduced to three forms of investment or asset classes
  • How to identify and avoid financial scams
  • How to avoid some of the common mistakes people make with their finances

This course requires approximately 2 - 4 hours of study per week, but can vary depending on the student. This includes watching videos, and taking quizzes and assessments.

If you pass this course you'll receive a Certificate of Achievement. While this certificate isn't a formal qualification or credit, you can use it to demonstrate your interest in learning about this area to potential employers or educational institutions.

Where could this lead me?

If you're wondering what your future could look like in this area, here are some potential careers you could head towards.

  • Business journalist
  • Financial analyst
  • Statistician
  • Stockbroker
  • Financial planner
  • Investment analyst
  • Management consultant
  • Financial advisor
  • Fund manager
  • Risk manager
  • Treasury analyst

Syllabus

MODULE 1: FINDING YOUR DIRECTION WITH MONEY
   
MODULE 2: PREPARING FOR THE FINANCIAL TRIP
   
MODULE 3: FOLLOWING YOUR MONEY PLAN
   
MODULE 4: AVOIDING THE MONEY PITS
   
 

Taught by

Peter Mordaunt

Reviews for Open2Study's Financial Literacy
3.7 Based on 12 reviews

  • 5 stars 17%
  • 4 stars 42%
  • 3 stars 33%
  • 2 star 8%
  • 1 star 0%

Did you take this course? Share your experience with other students.

Write a review
  • 1
Ryan B
4.0 4 years ago
by Ryan completed this course, spending 2 hours a week on it and found the course difficulty to be easy.
This class is great for a very basic introduction to Financial Literacy. It gives you the framework from which to build a financial plan for your life including learning how to save, how to create a budget, and how to invest. It is not a very in depth course, which is the only downfall to it, and it only takes probably an hour an a half for each week of work. But Professor Mordaunt is concise and at times entertaining.
7 people found
this review helpful
Was this review helpful to you? Yes
Emma A
5.0 4 years ago
by Emma audited this course, spending 2 hours a week on it and found the course difficulty to be easy.
This is a great course on the basics of everyday financial planning. I audited this course as I didn't really need the certificate but I really enjoyed it - I learnt a good deal about goal setting and getting a financial plan in place. Take it!
4 people found
this review helpful
Was this review helpful to you? Yes
Robert J
3.0 3 years ago
by Robert completed this course, spending 2 hours a week on it and found the course difficulty to be easy.
A decent overview of personal finance, but nothing terribly specific is covered. A lot of the material could be summarized with "don't be an idiot with your money, save, etc."
2 people found
this review helpful
Was this review helpful to you? Yes
Lyn L
3.0 8 months ago
Lyn completed this course, spending 2 hours a week on it and found the course difficulty to be easy.
basic personal finance knowledge. Helps learner to grasp general idea for personal finance management. Key thing is to save money
Was this review helpful to you? Yes
Aleksandra W
4.0 4 years ago
Aleksandra completed this course and found the course difficulty to be easy.
1 person found
this review helpful
Was this review helpful to you? Yes
Iredele A
5.0 3 years ago
by Iredele is taking this course right now.
0 person found
this review helpful
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Candace S
3.0 3 years ago
by Candace completed this course.
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Niladri N
4.0 3 years ago
by Niladri completed this course.
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Nata N
3.0 3 years ago
by Nata completed this course.
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Valérie S
4.0 3 years ago
by Valérie completed this course.
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Peter O
4.0 3 years ago
by Peter completed this course.
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Akabzaa R
2.0 3 years ago
by Akabzaa completed this course.
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  • 1

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